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Lorex

Active Private limited companyfounded 2025active for 1 yearPapaversstraat 14, 8520 KuurneKBO/BCE: BE 1020.795.138

Lifetime

1 annual account with figures
peak €46,603 (2025)
€46,603 
peak €35,431 (2025)
€35,431 
peak €33,766 (2025)
€33,766 
€22,576 
Board1 name since 2025
Documentsfilings and deeds
27-06-202634 days before the deadline
2025micro format
Incorporation 11-03Dividend €1,6661 establishment registeredFirst year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Checked score

96
Excellent
Financially stronger than 70% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 20,104 companies (NACE 69, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 04-2026: 0.3% 05-2026: 0.3%● unchanged vs 04-2026highest value 06-2026: 0.3%● unchanged vs 05-2026highest value 07-2026: < 0.1%▼ -0.3 percentage points vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

85equity 59.9% of total assets
81short-term debt 40.1% · cash 61.1%
100return on assets 62.9%

Score breakdown

lowers risk
Sector: Legal and accounting activities (NACE 69)
Liquidity: current ratio 2.33, cash €34,427
Figures for financial year 2025 (filed on 27-06-2026)
Size: total assets €56,342
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 56% of them on solvency, 71% on liquidity and 82% on profitability.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 11,279 companies had the same profile as Lorex has now. Each dot stands for 29 companies, two years later.

96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Lorex itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for Lorex. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €3,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.33, above the usual 1.5. Short-term debt is 40.1% and cash 61.1% of total assets. 40.1% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Liquidity: current ratio 2.33, cash €34,427
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 27-06-2026)
NBB · annual accounts
lowers risk · Size: total assets €56,342
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 years
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-06-2026, 34 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
34 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Board and ownership

DH
Director, since 07-03-2025
  • DEPREZ Hannelore 100 sharesdeed of 11-03-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1020795138
Incorporation Founding capital of €1, 100 shares · Founder: DEPREZ Hannelore · Appointment: DEPREZ Hannelore (director) · published on 11-03-2025 · Gazette deed
First establishment Papaversstraat 14, Kuurne
All 4 events

Comparable companies

same main activity, similar in size and age
Company
Lorex Kuurne €56,342 €46,603 59.9% -
EVVI Tielt €54,293 €48,624 68.3% -
VANDEN BULCKE ASSETS Deerlijk €53,140 €43,772 54.7% -
BW CONSULTANCY Hasselt €53,623 €47,368 68.9% -
DELVAUX ASSOCIES Liège-Namur, Experts-Comptables Hannut €62,123 €43,739 44.1% 0.9
LW FID Charleroi €49,742 €48,548 68.2% -
MJ TAX CONSULT Ganshoren €50,538 €50,915 70.2% -

These companies have the same main activity as Lorex: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €49,700 and €62,100, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 07-03-2025Normal situation
Activity
Certified accountants and tax accountantsNACE 69201and 2 others
Establishment unit
2.371.203.0088520 Kuurne, since 07-03-2025
Financial year end
31 December
Peppol
Reachable since 13-11-2025
Company details

Annual accounts 2025

€56,342
Filing
Filed on 27-06-2026, 34 days before the end of the filing period
Financials

Insights on Lorex

Lorex has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,766 and a net result of €35,431.

Its solvency ranks better than 53% of 15,834 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Lorex

What is the company number of Lorex?
The company number of Lorex is 1020.795.138. The VAT number is the same number with BE in front: BE 1020.795.138.
Where is Lorex based?
The registered office is at Papaversstraat 14, 8520 Kuurne.Company details
What does Lorex do?
According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
What is the legal form of Lorex?
Lorex is a private limited company (BV).
When was Lorex founded?
Lorex was founded on 07-03-2025.
Is Lorex still active?
Yes, Lorex is an active enterprise in the KBO register.
What is the turnover of Lorex?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €46,603 and 41 comparable companies (NACE 69201). It probably lies between €82,000 and €150,000.Financials
Is Lorex profitable?
In financial year 2025, Lorex made a profit of €35,431.
Where can I find the annual accounts of Lorex?
Lorex filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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