LORIIK
ActiveSummary
The computed 12-month bankruptcy probability of LORIIK is 3.1% (moderate). The 2024 annual accounts show negative equity (-€34,357) and a net result of -€10,273. Equity is shrinking by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 6537 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability14▼-85
Solvency12▼-4
Growth58=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.8 against 0.8 in 2023; short-term debt: 112.8% and cash: 11.9% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-12.8%
Return on assets
-3.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€34,357
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-09-2025, 33 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
33 d late
2023
61 d late
2022
94 d late
2021
68 d late
2020
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 46 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€10,273
2023 · €60,880
Working capital
-€59,763▼ 8.3%
2023 · -€55,195
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€25,072-€36,920▲ 47.3%-€199,818€37,059-€20,070
Net result-€10,806below the sector's middle half-€80,404above the sector's middle half-€164,561below the sector's middle half€60,880within the sector's middle half-€10,273below the sector's middle half
Equity-€806below the sector's middle half-€79,598within the sector's middle half-€84,963below the sector's middle half-€24,084below the sector's middle half▲ 71.7%-€34,357below the sector's middle half▼ 42.7%
Total assets€212,014below the sector's middle half-€339,685above the sector's middle half▲ 60.2%€296,242below the sector's middle half▼ 12.8%€253,995below the sector's middle half▼ 14.3%€269,123below the sector's middle half▲ 6.0%
Debt€212,820-€260,087▲ 22.2%€381,206▲ 46.6%€278,079▼ 27.1%€303,480▲ 9.1%
Working capital-€2,929-€73,038-€124,370-€55,195▲ 55.6%-€59,763▼ 8.3%
Solvency-0.4%below the sector's middle half-23.4%within the sector's middle half▲ 23.8pp-28.7%below the sector's middle half▼ 52.1pp-9.5%below the sector's middle half▲ 19.2pp-12.8%below the sector's middle half▼ 3.3pp
Staff (FTE)5.4within the sector's middle half-8.2within the sector's middle half7.8within the sector's middle half▼ 4.9%8within the sector's middle half▲ 2.6%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €20,070 after €37,059 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €269,123
Fixed assets
€25,406 ▼ 18.3%
Current assets
€243,717 ▲ 9.3%
Key figures and ratios
EBITDA
-€14,364▼
2023 · €43,041
Cash flow
-€4,567▼
2023 · €66,862
Current ratio
0.80▲
2023 · 0.80
Quick ratio
0.34▼
2023 · 0.42
Debt to equity
-8.83▲
2023 · -11.55
ROA
-3.8%▼
2023 · 24.0%
Interest coverage
-2.52▼
2023 · 7.42
Debt ≤ 1 year
€303,480▲
2023 · €278,079
Staff costs
€196,941▼
2023 · €229,192
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,570 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 88% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
4.6%
went bankrupt
5.6%
stopped otherwise
88%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,570 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €205,510 | €245,285 | €229,192 | €196,941 | ▼ 14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,061 | €3,433 | €5,053 | €5,983 | €5,706 | ▼ 4.6% |
| Other operating charges640/8 | - | €2,434 | €4,853 | €3,940 | €5,287 | ▲ 34.2% |
| Non-recurring operating charges66A | - | €62,710 | €98,735 | €80,730 | €64,082 | ▼ 20.6% |
| Gross operating margin9900 | €141,477 | €311,007 | €154,108 | €356,903 | €251,946 | ▼ 29.4% |
| Operating profit (loss)9901 | €25,072 | €36,920 | -€199,818 | €37,059 | -€20,070 | ▼ 154% |
| Financial income75/76B | - | €55,510 | €46,830 | €29,861 | €15,496 | ▼ 48.1% |
| Recurring financial income75 | €47 | €55,510 | €46,830 | €29,861 | €15,496 | ▼ 48.1% |
| Financial charges65/66B | - | €4,479 | €4,614 | €5,801 | €5,699 | ▼ 1.8% |
| Recurring financial charges65 | €4,384 | €4,479 | €4,614 | €5,801 | €5,699 | ▼ 1.8% |
| Profit (loss) for the period before taxes9903 | -€10,806 | €87,951 | -€157,602 | €61,119 | -€10,273 | ▼ 117% |
| Income taxes67/77 | - | €7,547 | €6,959 | €239 | - | - |
| Profit (loss) for the period9904 | -€10,806 | €80,404 | -€164,561 | €60,880 | -€10,273 | ▼ 117% |
| Profit (loss) for the period to be appropriated9905 | -€10,806 | €80,404 | -€164,561 | €60,880 | -€10,273 | ▼ 117% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €212,014 | €339,685 | €296,242 | €253,995 | €269,123 | ▲ 6.0% |
| Fixed assets21/28 | €2,123 | €6,560 | €39,407 | €31,111 | €25,406 | ▼ 18.3% |
| Tangible fixed assets22/27 | €2,123 | €6,560 | €39,407 | €31,111 | €25,406 | ▼ 18.3% |
| Plant, machinery and equipment23 | - | €2,043 | €6,885 | €3,933 | €1,257 | ▼ 68.0% |
| Furniture and vehicles24 | - | €4,517 | €2,313 | - | - | - |
| Other tangible fixed assets26 | - | - | €30,209 | €27,179 | €24,149 | ▼ 11.1% |
| Current assets29/58 | €209,891 | €333,125 | €256,836 | €222,884 | €243,717 | ▲ 9.3% |
| Stocks and contracts in progress3 | €106,507 | €105,909 | €127,091 | €105,486 | €139,104 | ▲ 31.9% |
| Stocks30/36 | - | €105,909 | €127,091 | €105,486 | €139,104 | ▲ 31.9% |
| Amounts receivable within one year40/41 | €13,592 | €51,075 | €68,762 | €56,919 | €64,366 | ▲ 13.1% |
| Trade receivables40 | - | €16,425 | €24,870 | €17,073 | €25,533 | ▲ 49.6% |
| Other amounts receivable41 | - | €34,649 | €43,892 | €39,846 | €38,833 | ▼ 2.5% |
| Cash at bank and in hand54/58 | €84,928 | €176,141 | €51,355 | €46,050 | €31,979 | ▼ 30.6% |
| Deferred charges and accrued income490/1 | - | - | €9,627 | €14,429 | €8,268 | ▼ 42.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €212,014 | €339,685 | €296,242 | €253,995 | €269,123 | ▲ 6.0% |
| Equity10/15 | -€806 | €79,598 | -€84,963 | -€24,084 | -€34,357 | ▼ 42.7% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€10,806 | €69,598 | -€94,963 | -€34,084 | -€44,357 | ▼ 30.1% |
| Amounts payable17/49 | €212,820 | €260,087 | €381,206 | €278,079 | €303,480 | ▲ 9.1% |
| Amounts payable within one year42/48 | €212,820 | €260,087 | €381,206 | €278,079 | €303,480 | ▲ 9.1% |
| Trade debts44 | €169,744 | €196,965 | €219,591 | €191,110 | €227,984 | ▲ 19.3% |
| Suppliers440/4 | - | €196,965 | €219,591 | €191,110 | €227,984 | ▲ 19.3% |
| Taxes, remuneration and social security45 | - | €63,122 | €103,213 | €81,044 | €65,495 | ▼ 19.2% |
| Taxes450/3 | - | €7,789 | €20,532 | €5,428 | €4,325 | ▼ 20.3% |
| Remuneration and social security454/9 | - | €55,333 | €82,681 | €75,616 | €61,170 | ▼ 19.1% |
| Other amounts payable47/48 | - | - | €58,402 | €5,925 | €10,000 | ▲ 68.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,806 | €80,404 | -€164,561 | €60,880 | -€10,273 | ▼ 117% |
| + Depreciation and write-downs630 | €1,061 | €3,433 | €5,053 | €5,983 | €5,706 | ▼ 4.6% |
| Operating cash flow (approximation) | -€9,745 | €83,837 | -€159,508 | €66,862 | -€4,567 | ▼ 107% |
| Investment in fixed assets (approximation) | - | -€7,870 | -€37,900 | €2,313 | €0 | ▼ 100% |
| Change in cash | - | €91,213 | -€124,785 | -€5,306 | -€14,071 | ▼ 165% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
02-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 33 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-12
Financial
Back to profitnet €60,880
Net result €60,880 after one loss-making year.
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 94 days late
2022
31-12
Financial
Weakest financial yearnet -€164,561
Net result drops to -€164,561, the lowest in the series; recovery starts the following year.
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 68 days late
2021
31-12
Financial
Back to profitnet €80,404
Net result €80,404 after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2020
Ground area
904 m²
Building footprint
91 m²
Parcel 92021E0071/00_000, Wallonia. Linked by address, not a title deed.
1 establishment unit
LORIIK
since 20202.298.997.394
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92021E0071/00_000indicative | Wallonia | 904 m² | 1 · 91 m² | - |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNamur2.298.997.394
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Of 1,265 companies in sector 47300 we hold annual accounts for 951. 773 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47300Retail sale of automotive fuel
47110Non-specialised retail sale with food, beverages or tobacco predominating
47621Retail sale of newspapers and periodicals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0742737215
Also
9925:BE0742737215
Registered
23-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.