LOTEL
ActiveLOTEL has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €-15k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 86% of 11323 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-70
Solvency100=
Growth42▼-2
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 6.79 against 4.74 in 2024; short-term debt: 14.2% of total assets), and 14.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.8%
Return on assets
-44.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 9 filingsDeviation from the deadline
2025
20 d late
2024
25 d late
2023
22 d late
2022
21 d late
2021
10 d late
2020
3 d early
2019
53 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€72k▼ 15.7%
2024 · €85k
2018: €96k
2019: €149k
2020: €140k
2021: €119k
2022: €94k
2023: €78k
2024: €85k
2018 → 2025
EBIT margin
-22.7%▼ 24.0pp
2024 · 1.4%
2018: 5.7%
2019: 17.8%
2020: 5.0%
2021: 3.0%
2022: -1.0%
2023: -18.0%
2024: 1.4%
2018 → 2025
Net result
€-15k
2024 · €2k
2018: €5k
2019: €27k
2020: €3k
2021: €4k
2022: €-8k
2023: €-19k
2024: €2k
2018 → 2025
Working capital
€27k▼ 30.6%
2024 · €40k
2018: €-6k
2019: €21k
2020: €22k
2021: €48k
2022: €49k
2023: €39k
2024: €40k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€119k-€94k▼ 21.2%€78k▼ 17.4%€85k▲ 9.6%€72k▼ 15.7%
Equity€68k-€60k▼ 11.2%€41k▼ 31.5%€44k▲ 6.0%€29k▼ 34.3%
Operating result€4k-€-924€-14k▼ 1,412%€1k€-16k
Net result€4k-€-8k€-19k▼ 150%€2k€-15k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €16k after €1k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€1k▼ 76.5%
Current assets
€32k▼ 35.7%
Equity and liabilities €33k
Equity
€29k▼ 34.3%
Debt
€5k▼ 59.2%
The debt ratio falls from 21.0% to 14.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-12k▼
2024 · €9k
Cash flow
€-11k▼
2024 · €10k
Solvency
85.8%▲
2024 · 79.0%
Current ratio
6.79▲
2024 · 4.74
Quick ratio
5.19▲
2024 · 4.04
Debt / equity
0.17▼
2024 · 0.27
ROE
-52.3%▼
2024 · 5.7%
ROA
-44.8%▼
2024 · 4.5%
Interest coverage
-43.44▼
2024 · 33.73
Debt
€5k▼
2024 · €12k
Debt ≤ 1 year
€5k▼
2024 · €11k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€55k€33k▼
Fixed assets21/28€5k€1k▼
Tangible fixed assets22/27€5k€1k▼
Plant, machinery and equipment23-€131
Furniture and vehicles24€5k€1k▼
Current assets29/58€50k€32k▼
Stocks and contracts in progress3€7k€8k▲
Stocks30/36€7k€8k▲
Amounts receivable within one year40/41€37k€25k▼
Trade receivables40€5k€3k▼
Other amounts receivable41€32k€21k▼
Cash at bank and in hand54/58€6k-
Equity and liabilities
Total equity and liabilities10/49€55k€33k▼
Equity10/15€44k€29k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€25k€10k▼
Amounts payable17/49€12k€5k▼
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€11k€5k▼
Current portion of amounts payable after more than one year42€9k€1k▼
Financial debts43-€976
Credit institutions430/8-€976
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Income statement
Code20242025
Turnover70€85k€72k▼
Goods, raw materials, services and sundry goods60/61€74k€84k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€4k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8€740€637▼
Gross operating margin9900€11k€-12k▼
Operating profit (loss)9901€1k€-16k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€255€284▲
Recurring financial charges65€255€284▲
Profit (loss) for the period before taxes9903€2k€-15k▼
Profit (loss) for the period9904€2k€-15k▼
Profit (loss) for the period to be appropriated9905€2k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€10k▼
Profit (loss) brought forward from the previous period14P€23k€25k▲
The notes to these accounts (4 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 4.26
Current ratio from 2.02 to 4.26; short-term debt falls from €22k to €15k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 53 days late
2019
31-12
Financial
Highest result since 2018net €27k ▲392%
Operating result €27k, net result €27k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.28
Current ratio from 0.76 to 2.28; short-term debt falls from €27k to €16k.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 14 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2017
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.
Amsterdamstraat 412000 AntwerpenGround area
60 m²
Building footprint
60 m²
Volume, LiDAR
625 m³
Parcel 11807G0126/02A016, Flanders · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LOTEL
since 20172.264.235.366
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0126/02A016 | Flanders | 59 m² | 1 · 59 m² | 13.4 m · 4 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.
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FGS Toys
BE 1001.013.868
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Up&Co
BE 0599.978.652
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WDD BELGIUM
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Of 227 companies in sector 46497 we hold annual accounts for 101. 54 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-2017
Fiscal year end31-12
Activities, NACEBEL
46497Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@lotel.be
Phone:0478842012