LOTAR VASTGOED ONTWIKKELING
ActiveSummary
The annual accounts of LOTAR VASTGOED ONTWIKKELING for fiscal year 2025 show a net loss of 72% of the equity at the start of that year. The 2025 annual accounts show equity of €36k and a net result of €-95k. Equity is shrinking by ~25.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 14% of 4539 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▼-9
Solvency26▼-1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.24 against 1.82 in 2024; short-term debt: 44.4% and cash: 0.1% of total assets), but 99.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Sector 68
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 4539 sector peers (2025).
NBB · sector comparisonPosition among 4539 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 26-06-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
on the day
2023
2 d early
2022
1 d early
2021
3 d early
2020
1 d early
2019
35 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 30-11-2026 and is due by 30-06-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-11-2026 close30-06-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-95k
2024 · €93k
2018: €9k
2019: €2k
2020: €-15k
2021: €-53k
2022: €-181k
2023: €-82k
2024: €93k
2018 → 2025
Working capital
€3.17M▲ 19.6%
2024 · €2.65M
2018: €770k
2019: €857k
2020: €970k
2021: €997k
2022: €888k
2023: €649k
2024: €2.65M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€301k-€120k▼ 60.1%€39k▼ 67.8%€132k▲ 241%€36k▼ 72.4%
Operating result€91k-€-41k€76k€208k▲ 175%€102k▼ 51.0%
Net result€-53k-€-181k▼ 241%€-82k▲ 54.9%€93k€-95k
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.75M
Fixed assets
€30k ▼ 3.0%
Current assets
€5.72M ▼ 2.8%
Equity and liabilities €5.75M
Equity
€36k ▼ 72.4%
Debt
€5.72M ▼ 1.2%
Debt's share of the balance-sheet total rises from 97.8% to 99.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€103k▼
2024 · €209k
Cash flow
€-95k▼
2024 · €94k
Current ratio
2.24▲
2024 · 1.82
Quick ratio
0.07▼
2024 · 0.08
ROE
-262.1%▼
2024 · 70.6%
ROA
-1.7%▼
2024 · 1.6%
Interest coverage
0.52▼
2024 · 1.07
Debt ≤ 1 year
€2.55M▼
2024 · €3.24M
Debt > 1 year
€2.70M▲
2024 · €2.16M
Staff costs
€64k▲
2024 · €62k
A ratio outside any meaningful range has been withheld (balance sheet total €5.75M, equity €36k).
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.92M€5.75M▼
Fixed assets21/28€31k€30k▼
Tangible fixed assets22/27€31k€30k▼
Land and buildings22€31k€30k▼
Current assets29/58€5.89M€5.72M▼
Stocks and contracts in progress3€5.62M€5.53M▼
Stocks30/36€3.07M€2.98M▼
Contracts in progress37€2.55M€2.55M=
Amounts receivable within one year40/41€255k€175k▼
Trade receivables40€98k€13k▼
Other amounts receivable41€158k€163k▲
Cash at bank and in hand54/58€212€5k▲
Deferred charges and accrued income490/1€11k€9k▼
Equity and liabilities
Total equity and liabilities10/49€5.92M€5.75M▼
Equity10/15€132k€36k▼
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€12k€12k=
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Profit (loss) carried forward14€-130k€-225k▼
Amounts payable17/49€5.79M€5.72M▼
Amounts payable after more than one year17€2.16M€2.70M▲
Financial debts170/4€0-
Other amounts payable178/9€2.16M€2.70M▲
Amounts payable within one year42/48€3.24M€2.55M▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€2.45M€2.53M▲
Credit institutions430/8€2.45M€2.53M▲
Trade debts44€18k€16k▼
Suppliers440/4€18k€16k▼
Advances received on contracts in progress46€676k€0▼
Taxes, remuneration and social security45€10k€7k▼
Taxes450/3€0-
Remuneration and social security454/9€10k€7k▼
Other amounts payable47/48€82k€0▼
Accrued charges and deferred income492/3€393k€466k▲
Income statement
Code20242025
Non-recurring operating income76A€200k€0▼
Remuneration, social security and pensions62€62k€64k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€909€909=
Other operating charges640/8€1k€41k▲
Non-recurring operating charges66A€4k€5k▲
Gross operating margin9900€275k€213k▼
Operating profit (loss)9901€208k€102k▼
Financial income75/76B€80k€0▼
Recurring financial income75€80k€0▼
Financial charges65/66B€195k€197k▲
Recurring financial charges65€195k€197k▲
Profit (loss) for the period before taxes9903€93k€-95k▼
Profit (loss) for the period9904€93k€-95k▼
Profit (loss) for the period to be appropriated9905€93k€-95k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-130k€-225k▼
Profit (loss) brought forward from the previous period14P€-223k€-130k▲
Social balance
Average headcount (FTE)90870.90.9=
The notes to these accounts (10 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
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-11
Financial
Back to profitnet €93k
Net result €93k after 4 loss-making years.
30-11
Financial
Equity above €100kEq €132k ▲241%
Equity rises from €39k to €132k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-11
Financial
Weakest financial yearnet €-181k
Net result drops to €-181k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 35 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 days late
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, Lommel · 1 establishment unit since 2002
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.
Hoevenstraat 55A3920 LommelGround area
776 m²
Building footprint
220 m²
Volume, LiDAR
258 m³
Parcel 72020C0714/00T000, Flanders · tallest building 4.0 m. Linked by address, not a title deed.
1 establishment unit
Lotar Vastgoed Ontwikkeling
since 20022.095.485.852
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C0714/00T000 | Flanders | 776 m² | 1 · 220 m² | 4.0 m |
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.
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 4,716 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 formPublic limited company
Founded23-11-2001
Fiscal year end30-11
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68121Development of residential building projects
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.