LOTEC
ActiveLOTEC has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €443k and a net result of €93k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 68% of 7427 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency98▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.88 against 2.5 in 2023), and 41.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
43 d early
2022
42 d early
2021
45 d early
2020
9 d early
2019
43 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€443k▲ 26.5%
2023 · €351k
2018: €154k
2019: €162k
2020: €187k
2021: €185k
2022: €263k
2023: €351k
2018 → 2024
Total assets
€757k▲ 16.2%
2023 · €652k
2018: €342k
2019: €373k
2020: €450k
2021: €443k
2022: €523k
2023: €652k
2018 → 2024
Net result
€93k▲ 5.7%
2023 · €88k
2018: €20k
2019: €8k
2020: €25k
2021: €-2k
2022: €78k
2023: €88k
2018 → 2024
Working capital
€489k▲ 27.0%
2023 · €385k
2018: €176k
2019: €134k
2020: €193k
2021: €236k
2022: €296k
2023: €385k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€187k-€185k▼ 1.2%€263k▲ 42.0%€351k▲ 33.4%€443k▲ 26.5%
Operating result€42k-€7k▼ 83.7%€119k▲ 1,619%€133k▲ 11.9%€137k▲ 2.5%
Net result€25k-€-2k€78k€88k▲ 12.9%€93k▲ 5.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 3% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €757k
Fixed assets
€9k▼ 15.1%
Current assets
€749k▲ 16.7%
Equity and liabilities €757k
Equity
€443k▲ 26.5%
Debt
€314k▲ 4.3%
The debt ratio falls from 46.2% to 41.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€138k▼
2023 · €141k
Cash flow
€94k▼
2023 · €96k
Solvency
58.6%▲
2023 · 53.8%
Current ratio
2.88▲
2023 · 2.50
Quick ratio
2.88▲
2023 · 2.50
Debt / equity
0.71▼
2023 · 0.86
ROE
20.9%▼
2023 · 25.0%
ROA
12.3%▼
2023 · 13.5%
Interest coverage
3836.09▲
2023 · 3603.99
Debt
€314k▲
2023 · €301k
Debt ≤ 1 year
€260k▲
2023 · €257k
Income taxes
€44k▼
2023 · €45k
Staff costs
€1.37M▲
2023 · €1.26M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€652k€757k▲
Fixed assets21/28€10k€9k▼
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€5k€5k=
Current assets29/58€641k€749k▲
Amounts receivable within one year40/41€611k€634k▲
Trade receivables40€560k€580k▲
Other amounts receivable41€51k€54k▲
Cash at bank and in hand54/58€22k€106k▲
Deferred charges and accrued income490/1€8k€9k▲
Equity and liabilities
Total equity and liabilities10/49€652k€757k▲
Equity10/15€351k€443k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133-€2k
Profit (loss) carried forward14€330k€423k▲
Amounts payable17/49€301k€314k▲
Amounts payable within one year42/48€257k€260k▲
Trade debts44€73k€104k▲
Suppliers440/4€73k€104k▲
Taxes, remuneration and social security45€184k€156k▼
Taxes450/3€37k€0▼
Remuneration and social security454/9€147k€156k▲
Accrued charges and deferred income492/3€44k€54k▲
Income statement
Code20232024
Remuneration, social security and pensions62€1.26M€1.37M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€2k▼
Other operating charges640/8€0-
Gross operating margin9900€1.40M€1.51M▲
Operating profit (loss)9901€133k€137k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€39€36▼
Recurring financial charges65€39€36▼
Profit (loss) for the period before taxes9903€133k€137k▲
Income taxes67/77€45k€44k▼
Profit (loss) for the period9904€88k€93k▲
Profit (loss) for the period to be appropriated9905€88k€93k▲
Appropriation of the result
Profit (loss) to be appropriated9906€330k€423k▲
Profit (loss) brought forward from the previous period14P€242k€330k▲
Social balance
Average headcount (FTE)908716.016.4▲
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
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €93k ▲5.7%
Operating result €137k, net result €93k, both a record.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €78k
Net result €78k after one loss-making year.
31-12
Financial
Equity above €200kEq €263k ▲42%
Equity rises from €185k to €263k.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-2k ▼109%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2025
VDK Groep B.V.
CurrentDirector · since 10-06-2025 · Legal entity · perm. rep.: H.F. van der Kolk
BRONCKERS Joseph Hubertus Josephine Marie
CurrentDirector · since 28-10-2024
10-06-2025
VDK Groep B.V.: Appointed as Director
10-06-2025
Joseph Bronckers: Resigned as Director
28-10-2024
BRONCKERS Joseph Hubertus Josephine Marie: Appointed as Director
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2008
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.
Esperantolaan 43001 LeuvenGround area
6,754 m²
Building footprint
913 m²
Volume, LiDAR
6,648 m³
Parcel 24514C0027/00M000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Esperantolaan 4, 3001 Leuven
since 20082.173.166.719
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514C0027/00M000 | Flanders | 6,753 m² | 1 · 913 m² | 9.7 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 480 EUR awarded · 480 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 156 EUR | 231 EUR |
| 2024 | 1 | 324 EUR | 249 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
ZeDreno
BE 0666.444.933
Wijnegem · Eq €443k
ERKO Technieken
BE 0643.681.904
Scherpenheuvel-Zichem · Eq €444k
BD HEATING SOLUTIONS
BE 0832.951.965
Ranst · Eq €444k
SANI RUBRENT
BE 0859.697.439
Oudenaarde · Eq €441k
TIM DE BOECK
BE 0811.168.141
Puurs-Sint-Amands · Eq €441k
Of 6,989 companies in sector 43221 we hold annual accounts for 3,444. 2,407 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2005
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43350Other building finishing work
45332
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
43990Other specialised construction activities
43999Specialised construction activities
61100Wired, wireless and satellite telecommunications
61200Telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.