LoSyTech Engineering
ActiveSummary
LoSyTech Engineering has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €184,116 and a net result of €29,676. Equity has been growing by about 6.1% per year since 2019. Its solvency ranks better than 37% of 411 sector peers (NACE 68, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-07-2005 Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 4 others
- Establishment unit
- 2.148.073.215 8800 Roeselare, since 07-07-2005
- Financial year end
- 30 June
- Peppol
- Reachable since 30-08-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €117,908
- ▼ 9.8%
- Turnover
- ≈ €170,000
- estimated
- Profit
- €29,676
- ▼ 24.1%
- Equity
- €184,116
- ▼ 8.9%
- Total assets
- €747,843
- ▼ 7.5%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSize: total assets €747,843Figures for financial year 2026 (filed on 21-10-2026)Sector: Real estate activities (NACE 68)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 44% of them on solvency, 75% on liquidity, 67% on profitability and 29% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2026, micro format
Annual accounts 2026 filed on 21-10-2026 at the NBB all 21 filings
Every figure per financial year
The operating result for 2026 is 19% lower than in 2025. It is the third fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-06-2022 |
|---|---|
| Average over the year, in full-time equivalents | 0.4 |
| Joined | 0 |
| Left | 2 |
Source: social balance sheet in the 2022 annual accounts
Securities and guarantees
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 | 30-06-2026 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €778,030 | €858,030 | €858,030 | €858,030 | €858,030 |
| Carrying value of the mortgaged assets | €546,054 | €586,229 | €540,105 | €499,645 | €458,183 |
Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 | 30-06-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,347 | €95,623 | €83,599 | €10,700 | - |
| Depreciation and write-downs of the year | €49,652 | €48,512 | €50,568 | €62,883 | €61,163 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 · 1 entry · €3,021 awarded · €3,021 paid| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,272 | - | €10,000 | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €15,198 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42,047 | €48,988 | €54,328 | €49,652 | €48,512 | €50,568 | €62,883 | €61,163 | ▼ 2.7% |
| Other operating charges640/8 | - | - | - | €5,400 | €5,008 | €5,610 | €4,184 | €5,156 | ▲ 23.2% |
| Non-recurring operating charges66A | - | - | - | €20,204 | €4,069 | €1,834 | €0 | - | - |
| Gross operating margin9900 | €67,588 | €66,709 | €125,056 | €42,635 | €203,986 | €126,429 | €130,731 | €117,908 | ▼ 9.8% |
| Operating profit (loss)9901 | €21,654 | €9,134 | €55,791 | -€47,819 | €146,397 | €68,418 | €63,664 | €51,590 | ▼ 19.0% |
| Financial income75/76B | - | - | - | €7,060 | €10,113 | €2,862 | €2,656 | €2,265 | ▼ 14.7% |
| Recurring financial income75 | €490 | €1,395 | €7,024 | €7,060 | €10,113 | €2,862 | €2,656 | €2,265 | ▼ 14.7% |
| Financial charges65/66B | - | - | - | €8,240 | €9,446 | €11,614 | €11,010 | €10,658 | ▼ 3.2% |
| Recurring financial charges65 | €1,023 | €9,560 | €10,468 | €8,240 | €9,446 | €11,614 | €11,010 | €10,658 | ▼ 3.2% |
| Profit (loss) for the period before taxes9903 | €21,121 | €969 | €52,347 | -€49,000 | €147,064 | €59,666 | €55,310 | €43,197 | ▼ 21.9% |
| Income taxes67/77 | €7,421 | €418 | €8,494 | €199 | €30,707 | €17,864 | €16,224 | €13,521 | ▼ 16.7% |
| Profit (loss) for the period9904 | €13,701 | €551 | €43,853 | -€49,199 | €116,357 | €41,802 | €39,086 | €29,676 | ▼ 24.1% |
| Profit (loss) for the period to be appropriated9905 | €13,701 | €551 | €47,138 | -€49,199 | €116,357 | €41,802 | €39,086 | €29,676 | ▼ 24.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €398,646 | €859,454 | €975,325 | €763,122 | €959,581 | €834,936 | €808,148 | €747,843 | ▼ 7.5% |
| Fixed assets21/28 | €167,789 | €618,032 | €656,676 | €561,937 | €597,405 | €626,853 | €574,669 | €513,507 | ▼ 10.6% |
| Intangible fixed assets21 | - | €1,531 | €1,191 | €851 | €511 | €171 | €0 | - | - |
| Tangible fixed assets22/27 | €165,004 | €613,801 | €652,785 | €561,087 | €596,894 | €626,682 | €574,669 | €513,507 | ▼ 10.6% |
| Land and buildings22 | - | - | - | €521,820 | €572,309 | €531,357 | €492,487 | €452,613 | ▼ 8.1% |
| Plant, machinery and equipment23 | - | - | - | €32,725 | €20,381 | €14,002 | €14,887 | €11,581 | ▼ 22.2% |
| Furniture and vehicles24 | - | - | - | €6,542 | €4,204 | €81,322 | €67,295 | €49,312 | ▼ 26.7% |
| Financial fixed assets28 | €2,785 | €2,700 | €2,700 | - | - | - | - | - | - |
| Current assets29/58 | €230,857 | €241,423 | €318,648 | €201,184 | €362,175 | €208,083 | €233,479 | €234,337 | ▲ 0.4% |
| Amounts receivable after more than one year29 | - | - | - | €120,000 | €120,000 | €60,000 | €85,000 | €70,800 | ▼ 16.7% |
| Trade receivables290 | - | - | - | - | - | - | €35,000 | €30,800 | ▼ 12.0% |
| Other amounts receivable291 | - | - | - | €120,000 | €120,000 | €60,000 | €50,000 | €40,000 | ▼ 20.0% |
| Stocks and contracts in progress3 | - | €5,643 | €6,202 | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €43,394 | €62,933 | €95,711 | €23,445 | €50,997 | €36,358 | €23,902 | €31,270 | ▲ 30.8% |
| Trade receivables40 | - | - | - | €18,160 | €38,330 | €16,673 | €19,918 | €19,085 | ▼ 4.2% |
| Other amounts receivable41 | - | - | - | €5,285 | €12,667 | €19,685 | €3,984 | €12,185 | ▲ 206% |
| Current investments50/53 | €10,100 | €10,100 | €10,100 | - | - | €40,000 | €30,000 | €50,000 | ▲ 66.7% |
| Cash at bank and in hand54/58 | €121,188 | €101,501 | €79,930 | €46,038 | €187,072 | €69,684 | €86,637 | €79,290 | ▼ 8.5% |
| Deferred charges and accrued income490/1 | - | - | - | €11,702 | €4,106 | €2,042 | €7,940 | €2,976 | ▼ 62.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €398,646 | €859,454 | €975,325 | €763,122 | €959,581 | €834,936 | €808,148 | €747,843 | ▼ 7.5% |
| Equity10/15 | €125,020 | €125,571 | €169,424 | €120,225 | €236,582 | €191,925 | €202,129 | €184,116 | ▼ 8.9% |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €118,820 | €119,371 | €163,224 | €163,224 | €230,382 | €185,725 | €195,929 | €177,916 | ▼ 9.2% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €161,364 | €230,382 | €185,725 | €195,929 | €177,916 | ▼ 9.2% |
| Profit (loss) carried forward14 | - | - | - | -€49,199 | - | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €33,033 | €33,033 | €33,033 | €33,033 | €33,033 | €33,033 | €33,033 | €33,033 | = |
| Provisions for liabilities and charges160/5 | - | - | - | €33,033 | €33,033 | €33,033 | €33,033 | €33,033 | = |
| Pensions and similar obligations160 | - | - | - | €33,033 | €33,033 | €33,033 | €33,033 | €33,033 | = |
| Amounts payable17/49 | €240,593 | €700,851 | €772,868 | €609,864 | €689,966 | €609,978 | €572,986 | €530,694 | ▼ 7.4% |
| Amounts payable after more than one year17 | €212,447 | €620,329 | €592,495 | €566,598 | €613,210 | €552,196 | €507,814 | €462,422 | ▼ 8.9% |
| Financial debts170/4 | - | - | - | €566,598 | €613,210 | €552,196 | €507,814 | €462,422 | ▼ 8.9% |
| Amounts payable within one year42/48 | €22,663 | €66,922 | €167,481 | €42,515 | €75,931 | €56,714 | €64,122 | €68,272 | ▲ 6.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €28,232 | €32,727 | €43,399 | €44,382 | €45,392 | ▲ 2.3% |
| Trade debts44 | €1,085 | €30,023 | €29,815 | €4,628 | €2,226 | €594 | €5,716 | €3,246 | ▼ 43.2% |
| Suppliers440/4 | - | - | - | €4,628 | €2,226 | €594 | €5,716 | €3,246 | ▼ 43.2% |
| Taxes, remuneration and social security45 | - | - | - | €9,511 | €40,977 | €3,173 | €12,710 | €19,633 | ▲ 54.5% |
| Taxes450/3 | - | - | - | €9,511 | €40,977 | €3,173 | €12,710 | €19,633 | ▲ 54.5% |
| Other amounts payable47/48 | - | - | - | €144 | - | €9,547 | €1,313 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €750 | €825 | €1,068 | €1,050 | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,701 | €551 | €43,853 | -€49,199 | €116,357 | €41,802 | €39,086 | €29,676 | ▼ 24.1% |
| + Depreciation and write-downs630 | €42,047 | €48,988 | €54,328 | €49,652 | €48,512 | €50,568 | €62,883 | €61,163 | ▼ 2.7% |
| Operating cash flow (approximation) | €55,748 | €49,539 | €98,181 | €453 | €164,869 | €92,370 | €101,969 | €90,839 | ▼ 10.9% |
| Investment in fixed assets (approximation) | - | -€499,231 | -€92,973 | €45,087 | -€83,980 | -€80,015 | -€10,700 | €0 | - |
| Change in cash | - | -€19,687 | -€21,570 | -€33,893 | €141,034 | -€117,388 | €16,953 | -€7,346 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,685 companies had the same profile as LoSyTech Engineering has now. Two years later, 96.9% were still going and 1.1% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of LoSyTech Engineering itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 4,685 companies, not a prediction for LoSyTech Engineering. 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.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2026 | micro format | 21-10-2026 | 2026-00565658 | |
| 30-06-2025 | micro format | 15-12-2025 | 2025-00581895 | |
| 30-06-2024 | micro format | 08-01-2025 | 2025-00001826 | |
| 30-06-2023 | micro format | 07-11-2023 | 2023-00507449 | |
| 30-06-2022 | micro format | 17-02-2023 | 2023-00028565 | |
| 30-06-2021 | micro format | 28-02-2022 | 2022-06600495 | |
| 30-06-2020 | micro format | 26-02-2021 | 2021-06200529 | |
| 30-06-2019 | micro format | 27-01-2020 | 2020-02200538 | |
| 30-06-2018 | micro format | 18-02-2019 | 2019-05200518 | |
| 30-06-2017 | micro format | 30-01-2018 | 2018-03000310 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 11-10-2022 Converted to unavailable equity · €14,260
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Bart Barbier |
|
| BLOMME Lindsy |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “186, gelijk recht in winstverdeling”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Overdracht ingevolge overlijden, unanieme schriftelijke verklaring te allen tijde”
Articles of association, deed of 11-10-2022 (in Dutch)
Network & group
LoSyTech Engineering shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of LoSyTech Engineering. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
11-12
Gazette deed
Registered office moved within Roeselare2 points ▸
- Board meeting, 06-11-2024
- Registered-office move, 8800 Roeselare (België), Lakenstraat 21
02-10
Gazette deed
Registered office moved from Izegem to Rumbeke1 point ▸
- Registered-office move, 8800 Rumbeke (België), Braamstraat 11
11-10
Gazette deed
Change of role: Bart Barbier, from manager to directorAppointment: BLOMME Lindsy (director) · Amendment of the articles · Capital conversion9 points ▸
- General meeting, 06-10-2022
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “beperken tot”, 0 (deed in Dutch)
- Other provision, “niet opgevraagde inbrengen, vrijstelling van volstorting” (deed in Dutch)
- Director resignation, Bart Barbier (manager)
- Director appointment, Bart Barbier (director)
- Director appointment, BLOMME Lindsy (director)
- Power of attorney, mentioned 2 times in the deed
Show earlier events
17-03
Gazette deed
Registered office moved within Izegem2 points ▸
- General meeting, 31-01-2022
- Registered-office move, Wijngaardstraat 3 bus 7 te 8870 Izegem
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 8870 Izegem until 01-07-2023 · act of 02-10-2023
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
5 activities
- Alle werkzaamheden uit te oefenen op het vlak van projectengineering,technisch advies,uitwerking,tekenen,montage en opvolging van allerlei werven
- Alle bebouwde en onbebouwde onroerende goederen aankopen,verkopen,ruilen,uitbaten,beheren,huren of verhuren,alle gebouwen oprichten,afbreken,heropbouwen,veranderen,alle bouwmaterialen aankopen,verkopen,huren of verhuren
- Persoonlijke of zakelijke borg verlenen in het voordeel van derden,functies van bestuurder of vereffenaar in andere vennootschappen uitoefenen
- Alle verrichtingen stellen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen
- Betrokken zijn bij wijze van inbreng,samensmelting,inschrijving of op elke andere wijze,in de ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor het geheel of een gedeelte van haar voorwerp
Invoicing and payment
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36015A0724/00L002 | Flanders | 564 m² | 1 · 147 m² | 8.1 m · 1 |