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LORI

Active
Private limited companyfounded 2023active for 3 yearsWinston Churchilllaan 201, 1180 Ukkel, BelgiumKBO/BCE: BE 0803.909.571
Summary

The computed 12-month bankruptcy probability of LORI is 8.2% (elevated). The 2024 annual accounts show equity of €7,859 and a net result of €4,859. Its solvency ranks better than 48% of 5,566 sector peers (NACE 81, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2024 annual accounts filed late (92 days) Filed on 31 October 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00559926.

Equity
€7,859
Total assets
€17,272
Net result
€4,859
Working capital
€7,791

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €17,272
Fixed assets €183
Current assets €17,089
Equity and liabilities €17,272
Equity €7,859
Debt €9,413
Debt finances 54.5% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€8,390
Cash flow
€5,711
Current ratio
1.84
Debt to equity
1.20
ROE
61.8%
ROA
28.1%
Interest coverage
over 100
Debt ≤ 1 year
€9,298
Income taxes
€2,675

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 8.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€17,272
Fixed assets21/28€183
Financial fixed assets28€183
Current assets29/58€17,089
Amounts receivable within one year40/41€12,648
Trade receivables40€6,503
Other amounts receivable41€6,146
Cash at bank and in hand54/58€3,682
Deferred charges and accrued income490/1€758
Equity and liabilities
Total equity and liabilities10/49€17,272
Equity10/15€7,859
Contributions10/11€3,000
Profit (loss) carried forward14€4,859
Amounts payable17/49€9,413
Amounts payable within one year42/48€9,298
Trade debts44€2,320
Suppliers440/4€2,320
Taxes, remuneration and social security45€6,978
Taxes450/3€6,978
Accrued charges and deferred income492/3€115
Income statement Code2024
Goods, raw materials, services and sundry goods60/61€97,486
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€852
Other operating charges640/8€1,452
Gross operating margin9900€9,841
Operating profit (loss)9901€7,537
Financial charges65/66B€3
Recurring financial charges65€3
Profit (loss) for the period before taxes9903€7,534
Income taxes67/77€2,675
Profit (loss) for the period9904€4,859
Profit (loss) for the period to be appropriated9905€4,859
Appropriation of the result
Profit (loss) to be appropriated9906€4,859

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Goods, raw materials, services and sundry goods60/61€97,486
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€852
Other operating charges640/8€1,452
Gross operating margin9900€9,841
Operating profit (loss)9901€7,537
Financial charges65/66B€3
Recurring financial charges65€3
Profit (loss) for the period before taxes9903€7,534
Income taxes67/77€2,675
Profit (loss) for the period9904€4,859
Profit (loss) for the period to be appropriated9905€4,859
Line2024
Assets
Total assets20/58€17,272
Fixed assets21/28€183
Financial fixed assets28€183
Current assets29/58€17,089
Amounts receivable within one year40/41€12,648
Trade receivables40€6,503
Other amounts receivable41€6,146
Cash at bank and in hand54/58€3,682
Deferred charges and accrued income490/1€758
Equity and liabilities
Total equity and liabilities10/49€17,272
Equity10/15€7,859
Contributions10/11€3,000
Profit (loss) carried forward14€4,859
Amounts payable17/49€9,413
Amounts payable within one year42/48€9,298
Trade debts44€2,320
Suppliers440/4€2,320
Taxes, remuneration and social security45€6,978
Taxes450/3€6,978
Accrued charges and deferred income492/3€115
Line2024
Profit (loss) for the period9904€4,859
+ Depreciation and write-downs630€852
Operating cash flow (approximation)€5,711

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 31-10-2025 2025-00559926

Similar companies · same sector, comparable size

Of the 1,690 active companies whose main activity is other cleaning activities (NACE 81230), figures are known for 472. 221 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.