Summary
LOTAR has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €15.8m and a net result of €1.6m. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 79% of 5048 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
2 d early
2023
20 d early
2022
21 d early
2021
4 d early
2020
9 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
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. Usually files around 14 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#2 company by equity in Wemmel, Wholesale and retail trade sector#3 company by total assets in Wemmel, Wholesale and retail trade sector
Turnover
€3.8m▼ 3.4%
2024 · €3.9m
EBIT margin
36.0%▲ 3.2pp
2024 · 32.8%
Net result
€1.6m▼ 69.7%
2024 · €5.2m
Working capital
€3.6m▲ 66.8%
2024 · €2.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale 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
Line20212022202320242025
Turnover€3.2m▲ 12.8%€4.0m▲ 23.0%€3.2m▼ 19.5%€3.9m▲ 23.0%€3.8m▼ 3.4%
Operating result€1.3m▲ 20.7%€1.2m▼ 9.0%€1.1m▼ 5.1%€1.3m▲ 13.3%€1.4m▲ 6.0%
Net result€861,044above the sector's middle half▲ 48.3%€1.1mabove the sector's middle half▲ 22.4%€593,640within the sector's middle half▼ 43.7%€5.2mabove the sector's middle half▲ 773%€1.6mabove the sector's middle half▼ 69.7%
EBIT margin40.8%▲ 2.7pp30.2%▼ 10.6pp35.6%▲ 5.4pp32.8%▼ 2.8pp36.0%▲ 3.2pp
Equity€8.6mabove the sector's middle half▲ 5.7%€9.3mabove the sector's middle half▲ 7.6%€9.5mabove the sector's middle half▲ 2.1%€14.4mabove the sector's middle half▲ 52.2%€15.8mabove the sector's middle half▲ 9.5%
Total assets€14.8mabove the sector's middle half▲ 5.6%€15.3mabove the sector's middle half▲ 3.2%€15.4mabove the sector's middle half▲ 0.9%€20.1mabove the sector's middle half▲ 30.7%€21.5mabove the sector's middle half▲ 7.0%
Debt€6.2m▲ 5.6%€6.0m▼ 3.0%€5.9m▼ 0.9%€5.7m▼ 3.5%€5.8m▲ 0.8%
Working capital€1.8mwithin the sector's middle half€2.4mwithin the sector's middle half▲ 38.2%-€2.6mbelow the sector's middle half€2.1mwithin the sector's middle half€3.6mwithin the sector's middle half▲ 66.8%
Solvency58.2%within the sector's middle half=60.7%within the sector's middle half▲ 2.5pp61.4%within the sector's middle half▲ 0.7pp71.5%above the sector's middle half▲ 10.1pp73.2%above the sector's middle half▲ 1.7pp
Current ratio2.97above the sector's middle half▲ 2.654.50above the sector's middle half▲ 1.530.56below the sector's middle half▼ 3.941.37within the sector's middle half▲ 0.811.62within the sector's middle half▲ 0.24
Return on assets (ROA)5.8%within the sector's middle half▲ 1.7pp6.9%within the sector's middle half▲ 1.1pp3.9%within the sector's middle half▼ 3.1pp25.8%above the sector's middle half▲ 21.9pp7.3%within the sector's middle half▼ 18.5pp
Staff (FTE)3.5within the sector's middle half▼ 30.0%3.8within the sector's middle half▲ 8.6%5.7within the sector's middle half▲ 50.0%5.9within the sector's middle half▲ 3.5%4.6within the sector's middle half▼ 22.0%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21.5m
Fixed assets
€12.2m ▼ 0.4%
Current assets
€9.3m ▲ 18.7%
Equity and liabilities €21.5m
Equity
€15.8m ▲ 9.5%
Debt
€5.8m ▲ 0.8%
Debt's share of the balance-sheet total falls from 28.5% to 26.8%. Equity and debt are higher.
Key figures and ratios
ROE
10.0%▼
2024 · 36.0%
Debt ≤ 1 year
€5.8m▲
2024 · €5.7m
Income taxes
€296,221▲
2024 · €267,629
Staff costs
€410,783▼
2024 · €517,424
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €4.4m | €5.2m | €4.6m | €5.3m | €5.1m | ▼ 3.1% |
| Turnover70 | €3.2m | €4.0m | €3.2m | €3.9m | €3.8m | ▼ 3.4% |
| Other operating income74 | €1.2m | €1.2m | €1.4m | €1.3m | €1.3m | ▼ 1.6% |
| Non-recurring operating income76A | - | - | €13,481 | €9,134 | €0 | ▼ 100% |
| Operating charges60/66A | €3.1m | €4.0m | €3.5m | €4.0m | €3.7m | ▼ 6.1% |
| Goods for resale, raw materials and consumables60 | €2.4m | €3.3m | €2.6m | €3.1m | €3.0m | ▼ 2.5% |
| Purchases600/8 | €2.7m | €3.0m | €2.6m | €3.1m | €3.0m | ▼ 2.5% |
| Change in stocks: decrease (increase)609 | -€262,506 | €262,506 | €0 | - | - | - |
| Services and other goods61 | €318,465 | €286,160 | €226,808 | €194,689 | €157,679 | ▼ 19.0% |
| Remuneration, social security and pensions62 | €279,577 | €306,591 | €505,538 | €517,424 | €410,783 | ▼ 20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €77,878 | €83,116 | €83,836 | €91,036 | €92,593 | ▲ 1.7% |
| Other operating charges640/8 | €13,162 | €13,728 | €15,667 | €36,591 | €15,502 | ▼ 57.6% |
| Non-recurring operating charges66A | - | - | - | €400 | €0 | ▼ 100% |
| Operating profit (loss)9901 | €1.3m | €1.2m | €1.1m | €1.3m | €1.4m | ▲ 6.0% |
| Financial income75/76B | €48,237 | €447,651 | €80,280 | €4.5m | €863,849 | ▼ 80.9% |
| Recurring financial income75 | €48,237 | €447,651 | €80,280 | €4.5m | €863,849 | ▼ 80.9% |
| Income from financial fixed assets750 | - | €399,992 | €12,394 | €4.4m | €699,986 | ▼ 84.1% |
| Income from current assets751 | €5,929 | €5,476 | €22,462 | €79,641 | €121,516 | ▲ 52.6% |
| Other financial income752/9 | €42,308 | €42,182 | €45,423 | €47,385 | €42,347 | ▼ 10.6% |
| Financial charges65/66B | €211,974 | €371,359 | €349,054 | €368,421 | €368,562 | = |
| Recurring financial charges65 | €211,974 | €371,359 | €349,054 | €368,421 | €368,562 | = |
| Debt charges650 | €211,954 | €371,359 | €349,054 | €368,421 | €368,562 | = |
| Other financial charges652/9 | €20 | €0 | €0 | - | €0 | - |
| Profit (loss) for the period before taxes9903 | €1.2m | €1.3m | €872,822 | €5.5m | €1.9m | ▼ 65.8% |
| Income taxes67/77 | €297,156 | €225,948 | €279,182 | €267,629 | €296,221 | ▲ 10.7% |
| Taxes670/3 | €297,156 | €226,248 | €279,182 | €267,629 | €297,188 | ▲ 11.0% |
| Tax adjustments and reversals of tax provisions77 | - | €300 | €0 | - | €967 | - |
| Profit (loss) for the period9904 | €861,044 | €1.1m | €593,640 | €5.2m | €1.6m | ▼ 69.7% |
| Transfer from tax-exempt reserves789 | - | - | €284,800 | €315,750 | €0 | ▼ 100% |
| Transfer to tax-exempt reserves689 | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €861,044 | €1.1m | €878,440 | €5.5m | €1.6m | ▼ 71.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14.8m | €15.3m | €15.4m | €20.1m | €21.5m | ▲ 7.0% |
| Fixed assets21/28 | €12.1m | €12.1m | €12.1m | €12.3m | €12.2m | ▼ 0.4% |
| Tangible fixed assets22/27 | €1.5m | €1.5m | €1.5m | €1.4m | €1.4m | ▼ 3.7% |
| Land and buildings22 | €1.5m | €1.4m | €1.4m | €1.3m | €1.3m | ▼ 3.9% |
| Furniture and vehicles24 | €37,659 | €80,557 | €113,381 | €120,108 | €118,208 | ▼ 1.6% |
| Financial fixed assets28 | €10.6m | €10.6m | €10.6m | €10.8m | €10.8m | = |
| Affiliated companies280/1 | €10.6m | €10.6m | €10.6m | €10.8m | €10.8m | = |
| Participating interests280 | €10.6m | €10.6m | €10.6m | €10.8m | €10.8m | = |
| Current assets29/58 | €2.7m | €3.1m | €3.3m | €7.9m | €9.3m | ▲ 18.7% |
| Stocks and contracts in progress3 | €262,506 | €0 | €0 | €0 | €0 | - |
| Stocks30/36 | €262,506 | €0 | - | - | - | - |
| Raw materials and consumables30/31 | €262,506 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €299,826 | €857,471 | €604,964 | €643,151 | €672,488 | ▲ 4.6% |
| Trade receivables40 | €298,736 | €733,531 | €604,568 | €641,887 | €629,170 | ▼ 2.0% |
| Other amounts receivable41 | €1,090 | €123,940 | €397 | €1,264 | €43,318 | ▲ 3,328% |
| Current investments50/53 | €531,721 | €531,721 | €656,769 | €5.3m | €3.9m | ▼ 26.1% |
| Other investments51/53 | €531,721 | €531,721 | €656,769 | €5.3m | €3.9m | ▼ 26.1% |
| Cash at bank and in hand54/58 | €1.6m | €1.8m | €2.0m | €1.9m | €4.7m | ▲ 148% |
| Deferred charges and accrued income490/1 | €672 | €220 | €0 | - | €2,685 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14.8m | €15.3m | €15.4m | €20.1m | €21.5m | ▲ 7.0% |
| Equity10/15 | €8.6m | €9.3m | €9.5m | €14.4m | €15.8m | ▲ 9.5% |
| Contributions10/11 | €195,000 | €195,000 | €195,000 | €195,000 | €195,000 | = |
| Capital10 | €195,000 | €195,000 | €195,000 | €195,000 | €195,000 | = |
| Issued capital100 | €195,000 | €195,000 | €195,000 | €195,000 | €195,000 | = |
| Reserves13 | €8.4m | €9.1m | €9.3m | €14.2m | €15.6m | ▲ 9.7% |
| Non-distributable reserves130/1 | €231,888 | €231,888 | €231,888 | €231,888 | €231,888 | = |
| Legal reserve130 | €231,888 | €231,888 | €231,888 | €231,888 | €231,888 | = |
| Tax-exempt reserves132 | €600,550 | €600,550 | €315,750 | €0 | - | - |
| Distributable reserves133 | €7.6m | €8.2m | €8.7m | €14.0m | €15.3m | ▲ 9.8% |
| Amounts payable17/49 | €6.2m | €6.0m | €5.9m | €5.7m | €5.8m | ▲ 0.8% |
| Amounts payable after more than one year17 | €5.3m | €5.3m | €0 | - | - | - |
| Financial debts170/4 | €5.3m | €5.3m | €0 | - | - | - |
| Other loans174 | €5.3m | €5.3m | €0 | - | - | - |
| Amounts payable within one year42/48 | €896,903 | €697,470 | €5.9m | €5.7m | €5.8m | ▲ 0.8% |
| Financial debts43 | €150,000 | €0 | - | - | - | - |
| Other loans439 | €150,000 | €0 | - | - | - | - |
| Trade debts44 | €241,428 | €199,918 | €86,137 | €102,934 | €206,466 | ▲ 101% |
| Suppliers440/4 | €241,428 | €199,918 | €86,137 | €102,934 | €206,466 | ▲ 101% |
| Advances received on contracts in progress46 | €4,661 | €4,661 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €96,338 | €88,415 | €109,136 | €102,416 | €152,812 | ▲ 49.2% |
| Taxes450/3 | €75,916 | €60,546 | €56,633 | €42,847 | €110,449 | ▲ 158% |
| Remuneration and social security454/9 | €20,422 | €27,870 | €52,503 | €59,569 | €42,363 | ▼ 28.9% |
| Other amounts payable47/48 | €404,475 | €404,475 | €5.7m | €5.5m | €5.4m | ▼ 2.0% |
| Accrued charges and deferred income492/3 | €3,694 | €16,411 | €67,385 | €41 | €536 | ▲ 1,209% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €861,044 | €1.1m | €593,640 | €5.2m | €1.6m | ▼ 69.7% |
| + Depreciation and write-downs630 | €77,878 | €83,116 | €83,836 | €91,036 | €92,593 | ▲ 1.7% |
| Operating cash flow (approximation) | €938,922 | €1.1m | €677,476 | €5.3m | €1.7m | ▼ 68.5% |
| Investment in fixed assets (approximation) | - | -€74,299 | -€64,945 | -€254,284 | -€38,979 | ▲ 84.7% |
| Change in cash | - | €181,159 | €288,986 | -€132,973 | €2.8m | ▲ 2,223% |
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
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €5.2m ▲773%
Net result €5.2m, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.37
Current ratio from 0.56 to 1.37; short-term debt falls from €5.9m to €5.7m.
31-12
Financial
Equity above €10mEq €14.4m ▲52.2%
7 profitable years in a row build equity to €14.4m.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-12
State Gazette act
General meeting · Statutes amendment
Capital · Corporate purpose · Frédéric Van Bellinghen
03-08
State Gazette act
General meeting · Director resignation
Director reappointment · Permanent representative
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity times 9current ratio 2.97
Current ratio from 0.32 to 2.97; short-term debt falls from €5.7m to €896,903.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
31-12
Financial
Weakest financial yearnet €580,669 ▼30.5%
Net result drops to €580,669, the lowest in the series; recovery starts the following year.
19-11
State Gazette act
General meeting · Board meeting
Director resignation · Director appointment
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2012
16-01
State Gazette act
General meeting · Director appointment
Permanent representative · Mandate compensation
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Wemmel · 1 establishment unit since 2011
Ground area
1,300 m²
Building footprint
261 m²
Volume, LiDAR
1,753 m³
Parcel 22662B0497/00B011, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Lotar
since 20112.203.544.347
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0497/00B011 | Flanders | 1,300 m² | 1 · 261 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
99.99%
According to the 2025 annual accounts of LOTAR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 4,786 EUR awarded · 4,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 286 EUR | 0 EUR |
| 2024 | 1 | 4,500 EUR | 4,500 EUR |
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Identification & contact
Identification
Legal formPublic limited company
Founded05-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
46900Non-specialised wholesale trade
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0839956256
Also
9925:BE0839956256
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.