Losange
ActiveSummary
Losange has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €219k and a net result of €-14k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 75% of 534 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-62
Solvency94=
Growth48▼-21
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 4.79 against 5.53 in 2024; short-term debt: 19.3% and cash: 75.3% of total assets), and 30.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 10 filingsDeviation from the deadline
2025
17 d late
2024
34 d early
2023
29 d late
2022
30 d late
2021
39 d early
2020
16 d early
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€453k▼ 15.3%
2024 · €535k
2018: €393k
2019: €348k
2020: €131k
2021: €179k
2022: €376k
2023: €466k
2024: €535k
2018 → 2025
EBIT margin
-3.2%▼ 11.4pp
2024 · 8.2%
2018: 10.5%
2019: 6.9%
2020: 28.2%
2021: 0.1%
2022: -4.4%
2023: 2.3%
2024: 8.2%
2018 → 2025
Net result
€-14k
2024 · €45k
2018: €38k
2019: €24k
2020: €36k
2021: €3k
2022: €-18k
2023: €11k
2024: €45k
2018 → 2025
Working capital
€232k▼ 13.4%
2024 · €268k
2018: €135k
2019: €163k
2020: €209k
2021: €227k
2022: €213k
2023: €214k
2024: €268k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€179k-€376k▲ 110%€466k▲ 23.9%€535k▲ 14.8%€453k▼ 15.3%
Equity€214k-€188k▼ 12.1%€190k▲ 1.2%€235k▲ 23.6%€219k▼ 6.8%
Operating result€241-€-17k€11k€44k▲ 310%€-15k
Net result€3k-€-18k€11k€45k▲ 321%€-14k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €44k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €317k
Fixed assets
€24k ▲ 77.7%
Current assets
€293k ▼ 10.4%
Equity and liabilities €317k
Equity
€219k ▼ 6.8%
Debt
€98k ▼ 6.9%
Debt's share of the balance-sheet total stays at 30.9%.
Key figures and ratios
EBITDA
€-7k▼
2024 · €48k
Cash flow
€-7k▼
2024 · €49k
Current ratio
4.79▼
2024 · 5.53
Quick ratio
4.63▼
2024 · 5.40
Debt to equity
0.45▼
2024 · 0.45
ROE
-6.4%▼
2024 · 18.9%
ROA
-4.4%▼
2024 · 13.1%
Interest coverage
-9.59▼
2024 · 52.92
Debt ≤ 1 year
€61k▲
2024 · €59k
Staff costs
€317k▲
2024 · €304k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€340k€317k▼
Fixed assets21/28€14k€24k▲
Tangible fixed assets22/27€14k€24k▲
Plant, machinery and equipment23€13k€24k▲
Other tangible fixed assets26€382€255▼
Current assets29/58€327k€293k▼
Stocks and contracts in progress3€8k€10k▲
Stocks30/36€8k€10k▲
Amounts receivable within one year40/41€16k€17k▲
Trade receivables40€9k€9k▲
Other amounts receivable41€8k€9k▲
Cash at bank and in hand54/58€279k€239k▼
Deferred charges and accrued income490/1€24k€27k▲
Equity and liabilities
Total equity and liabilities10/49€340k€317k▼
Equity10/15€235k€219k▼
Profit (loss) carried forward14€227k€213k▼
Investment grants15€8k€6k▼
Amounts payable17/49€105k€98k▼
Amounts payable within one year42/48€59k€61k▲
Trade debts44€28k€22k▼
Suppliers440/4€28k€22k▼
Advances received on contracts in progress46-€75
Taxes, remuneration and social security45€29k€35k▲
Remuneration and social security454/9€29k€35k▲
Other amounts payable47/48-€5k
Accrued charges and deferred income492/3€46k€37k▼
Income statement
Code20242025
Turnover70€535k€453k▼
Goods, raw materials, services and sundry goods60/61€556k€525k▼
Remuneration, social security and pensions62€304k€317k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k▲
Other operating charges640/8€1k€426▼
Gross operating margin9900€354k€311k▼
Operating profit (loss)9901€44k€-15k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€909€800▼
Recurring financial charges65€909€750▼
Non-recurring financial charges66B-€50
Profit (loss) for the period before taxes9903€45k€-14k▼
Profit (loss) for the period9904€45k€-14k▼
Profit (loss) for the period to be appropriated9905€45k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€227k€213k▼
Profit (loss) brought forward from the previous period14P€182k€227k▲
Social balance
Average headcount (FTE)90875.85.8=
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €45k ▲321%
Operating result €44k, net result €45k, both a record.
31-12
Financial
Equity above €200kEq €235k ▲23.6%
2 profitable years in a row build equity to €235k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €200kEq €222k ▲12.1%
3 profitable years in a row build equity to €222k.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 24 days late
Show earlier events
2019
31-12
Financial
Equity above €150kEq €198k ▲35%
2 profitable years in a row build equity to €198k.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 7 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Arlon · 2 establishment units since 2003
Ground area
1,848 m²
Building footprint
1,374 m²
Volume, LiDAR
7,217 m³
2 parcels, Wallonia · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Losange - Bureaux
since 20032.177.644.852
Losange - Salle
since 20072.318.611.190
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 81001A1582/04G000 | Wallonia | 1,004 m² | 1 · 532 m² | - |
| 81001A0653/00K000 | Wallonia | 844 m² | 1 · 843 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Wallonia-Brussels Federation
2021 to 2025 · 29 entries · 413,929 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 19 | 139,277 EUR |
| 2024 | 3 | 127,139 EUR |
| 2023 | 4 | 117,913 EUR |
| 2021 | 3 | 29,600 EUR |
Budget allocations
Conventions et contrats programmes indexés dans le domaine des musiques
Aides ponctuelles dans le domaine transversal
Pertes de billeterie
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Of 3,523 companies in sector 90391 we hold annual accounts for 681. 476 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded20-12-1994
Fiscal year end31-12
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.