Skip to content

LORIMO

Active
Private limited companyfounded 199036 yrs activeZuidstraat 60/4, 8800 Roeselare, BelgiumKBO/BCE: BE 0440.800.563

LORIMO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €368k and a net result of €6k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 11200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
36 / 100
Weak▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▼-3
Solvency13▼-4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days only on tighter terms
Liquidity short (current ratio 0.42 against 0.03 in 2024), and 81.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
18.9%
Return on assets
0.3%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
13 d early
2024
37 d early
2023
32 d early
2022
30 d early
2021
31 d early
2020
21 d early
2019
6 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€368k▲ 1.8%
2024 · €362k
2018: €297k 2019: €303k 2020: €318k 2021: €336k 2022: €346k 2023: €353k 2024: €362k
2018 → 2025
Total assets
€1.95M▲ 14.5%
2024 · €1.70M
2018: €2.09M 2019: €2.05M 2020: €2.00M 2021: €1.91M 2022: €1.87M 2023: €1.78M 2024: €1.70M
2018 → 2025
Net result
€6k▼ 27.9%
2024 · €9k
2018: €4k 2019: €6k 2020: €14k 2021: €18k 2022: €10k 2023: €7k 2024: €9k
2018 → 2025
Working capital
€-486k▲ 45.6%
2024 · €-892k
2018: €-962k 2019: €-1.06M 2020: €-1.01M 2021: €-965k 2022: €-974k 2023: €-935k 2024: €-892k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€336k-€346k▲ 3.0%€353k▲ 2.1%€362k▲ 2.5%€368k▲ 1.8%
Operating result€25k-€16k▼ 37.4%€11k▼ 28.4%€12k▲ 4.8%€8k▼ 29.5%
Net result€18k-€10k▼ 44.1%€7k▼ 29.9%€9k▲ 25.3%€6k▼ 27.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2021: €25k€25kNet result 2021: €18k€18kOperating result 2022: €16k€16kNet result 2022: €10k€10kOperating result 2023: €11k€11kNet result 2023: €7k€7kOperating result 2024: €12k€12kNet result 2024: €9k€9kOperating result 2025: €8k€8kNet result 2025: €6k€6k20212022202320242025
The operating result falls in 2025; 2025 is 29% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.95M
Fixed assets €1.61M▼ 4.5%
Current assets €345k▲ 1,400%
Equity and liabilities €1.95M
Equity €368k▲ 1.8%
Debt €1.58M▲ 17.9%
The debt ratio rises from 78.8% to 81.1%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€94k
2024 · €99k
Cash flow
€92k
2024 · €96k
Solvency
18.9%
2024 · 21.2%
Current ratio
0.42
2024 · 0.03
Quick ratio
0.42
2024 · 0.03
Debt / equity
4.30
2024 · 3.71
ROE
1.7%
2024 · 2.5%
ROA
0.3%
2024 · 0.5%
Interest coverage
55.14
2024 · 36.53
Debt
€1.58M
2024 · €1.34M
Debt ≤ 1 year
€831k
2024 · €916k
Debt > 1 year
€747k
2024 · €421k
Income taxes
€178
2024 · €173
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.70M€1.95M
Fixed assets21/28€1.68M€1.61M
Tangible fixed assets22/27€1.68M€1.61M
Land and buildings22€1.66M€1.59M
Furniture and vehicles24€24k€13k
Financial fixed assets28€200€200=
Current assets29/58€23k€345k
Cash at bank and in hand54/58€15k€337k
Deferred charges and accrued income490/1€8k€8k
Equity and liabilities
Total equity and liabilities10/49€1.70M€1.95M
Equity10/15€362k€368k
Contributions10/11€412k€412k=
Profit (loss) carried forward14€-50k€-44k
Amounts payable17/49€1.34M€1.58M
Amounts payable after more than one year17€421k€747k
Financial debts170/4€31k€357k
Other amounts payable178/9€390k€390k=
Amounts payable within one year42/48€916k€831k
Current portion of amounts payable after more than one year42€52k€29k
Trade debts44€2k€21k
Suppliers440/4€2k€21k
Taxes, remuneration and social security45€173€178
Taxes450/3€173€178
Other amounts payable47/48€861k€781k
Accrued charges and deferred income492/3€6k€5k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€86k
Other operating charges640/8€19k€20k
Gross operating margin9900€118k€114k
Operating profit (loss)9901€12k€8k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€9k€7k
Income taxes67/77€173€178
Profit (loss) for the period9904€9k€6k
Profit (loss) for the period to be appropriated9905€9k€6k
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-44k
Profit (loss) brought forward from the previous period14P€-59k€-50k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
17-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
24-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Highest result since 2018net €18k ▲27.5%
Operating result €25k, net result €18k, both a record.
09-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
24-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
24-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Roeselare · 1 establishment unit since 1990
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Zuidstraat 60/48800 Roeselare
Ground area
428 m²
Building footprint
232 m²
Volume, LiDAR
2,594 m³
Parcel 36502B0281/00B000, Flanders · tallest building 20.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LORIMO NV
Zuidstraat 60, 8800 RoeselareInsurance, reinsurance and pension funding, except compulsory social security
since 19902.049.153.605
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36502B0281/00B000 Flanders 428 m² 1 · 232 m² 20.1 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 6,128 companies in sector 46190 we hold annual accounts for 2,554. 1,662 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-05-1990
Fiscal year end30-09
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.