Equity
€794,234 ▲ 2.5%
LORIVAN paid out €158,000 in dividends. That is 89% of the 2025 profit.
LORIVAN
Lifetime
9 annual accounts with figures on one time axispeak €1.1m (2024)
€611,291▼ 43.3%
peak €492,422 (2024)
€177,374▼ 64.0%
peak €806,415 (2020)
€794,234▲ 2.5%
€431,347▼ 40.1%
peak 8.3 FTE (2019)
6.5 FTE▼ 13.3%
Board5 names since 2017
2 directorsPROMIDEA and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
02-06-202659 days before the deadline
2025abbreviated format
Gross margin from €1.1m to €611,291Result from €492,422 to €177,374Staff from 7.5 FTE to 6.5 FTEDividend €158,000Debts from €720,366 to €431,347Investments €104,932
Key points
from the 2025 annual accountsResult
€177,374 ▼ 64.0%
The result fell in 2025 from €492,422 to €177,374.
Turnover
≈ €1.4m estimated
The abbreviated format states no turnover.
Investments
€105,297 2.8 × depreciation
Green is investment, beige is depreciation.
Staff
6 employees on 31-12-2025
In 2025, nobody joined and 1 person left.
Filings
9 annual accounts since 2017
The last five annual accounts were filed 21 to 75 days before the end of the period.
Checked score
86
Excellent
Financially stronger than 56% of micro companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025lowest value
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026highest value
11-2026: 0.3%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
lowers risk
Profit of €177,374 (financial year 2025)
Equity €794,234 (64.8% of total assets)
Figures for financial year 2025 (filed on 02-06-2026)
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 25, micro). It does better than 70% of them on solvency, 37% on liquidity, 75% on profitability and 44% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 26,972 companies had the same profile as LORIVAN has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LORIVAN itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 26,972 companies, not a prediction for LORIVAN. 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 €65,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.55 (2.03 in 2024), above the usual 1.5. Short-term debt is 33.4% and cash 8.7% of total assets. 35.2% 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
Five signals.
lowers riskraises riskneutral
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 02-06-2026, 59 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
59 days early
2024
21 days early
2023
51 days early
2022
75 days early
2021
68 days early
2020
66 days early
2019
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 53 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- PREXIS 100%score 97equity €1.2m (2025) · 2024 annual accounts of PREXIS
- QUADRICOM 99.94%annual accounts 2019
- FILIP VANSTEELANT 0.02%annual accounts 2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0677689807
Reappointment: Promidea BV (managing director)
Board meeting of 27-10-2023 · Gazette deed
Appointment: Peter Slee (director)
General meeting of 27-10-2023 · Gazette deed
Reappointment: PROMIDEA (sole director)
Permanent representative: Vansteelant Paul · “De aan- en verkoop,in- en uitvoer,commissiehandel en fabricatie van producten voor de industrie,groot- en…” (deed in Dutch) · General meeting of 06-04-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LORIVAN Roeselare | €1.2m | €0.6m | 64.8% | 6.5 |
| ALL TANK SOLUTIONS Zonhoven | €1.2m | €0.5m | 77.7% | 2.2 |
| POMMEE Herstal | €3.2m | €1.3m | 58.4% | 13.9 |
| A.T.A. VENTILATION Ets DUROISIN Frasnes-lez-Anvaing | €1.5m | €0.5m | 2.8% | 5.3 |
| DVF CUVE Binche | €0.5m | €0.3m | 19.2% | - |
| R.E.M.A. HERSTAL Herstal | €0.4m | €0.3m | 57.6% | 5 |
| SAKAR INOX Kortrijk | €0.5m | €0.6m | 15.8% | - |
These companies have the same main activity as LORIVAN: manufacture of fabricated metal products, except machinery and equipment (NACE 25220). They are comparable in size and age: total assets between €433,000 and €3.2m, founded between 2006 and 2020.
Official details
Source: KBO- Status
- Active since 20-06-2017Normal situation
- Activity
- Manufacture of fabricated metal products, except machinery and equipmentNACE 25220
- Joint committee
- 111Metal, mechanical and electrical engineering · annual accounts 2025
- Establishment unit
- 2.266.101.1328800 Roeselare, since 20-07-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 13-01-2026
Annual accounts 2025
- €1.2m▼ 18.0%
- Employeeson 31-12-2025
- 6=
- Filing
- Filed on 02-06-2026, 59 days before the end of the filing period
Companies linked to LORIVAN
Parent and group
Insights on LORIVAN
LORIVAN files the abbreviated format. That format states no turnover. The gross margin fell from €897,526 in 2017 to €611,291 in 2025.
PREXIS holds all the shares. In October 2024, the Official Gazette published the appointment of PROMIDEA as managing director.
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 LORIVAN
- What is the company number of LORIVAN?
- The company number of LORIVAN is 0677.689.807. The VAT number is the same number with BE in front: BE 0677.689.807.
- Where is LORIVAN based?
- The registered office is at Kachtemsestraat 165, 8800 Roeselare.Company details
- What does LORIVAN do?
- According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25220).
- What is the legal form of LORIVAN?
- LORIVAN is a public limited company (NV).
- When was LORIVAN founded?
- LORIVAN was founded on 20-06-2017.
- Is LORIVAN still active?
- Yes, LORIVAN is an active enterprise in the KBO register.
- How many employees does LORIVAN have?
- LORIVAN had an average of 6.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LORIVAN fall under?
- In its 2025 annual accounts, LORIVAN states joint committee 111 (Metal, mechanical and electrical engineering).
- What is the turnover of LORIVAN?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €611,291 and 2,275 comparable companies of the same size. It probably lies between €870,000 and €2.4m. It is a rough estimate. In financial year 2019 turnover was €1.8m.
- Is LORIVAN profitable?
- In financial year 2025, LORIVAN made a profit of €177,374.
- Where can I find the annual accounts of LORIVAN?
- LORIVAN filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LORIVAN due?
- LORIVAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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