LOTIN CONCEPT

Active

Private limited companyfounded 20224 yrs activeDokter Lemoinelaan 3, 1070 Anderlecht, BelgiumKBO/BCE: BE 0782.260.854

The computed 12-month bankruptcy probability of LOTIN CONCEPT is 9.6% (elevated). The 2024 annual accounts show negative equity (€-17k) and a net result of €3k. Equity is shrinking by ~60.2% per year across the filed fiscal years. Its solvency ranks better than 22% of 18942 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

31 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability68▲+68

Solvency12▲+12

Growth58▲+26

Track record94

Bankruptcy probability, 12 months

9.6% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.29 against 0.14 in 2023; short-term debt: 59.8% and cash: 7.1% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

-13.2%

Return on assets

2.6%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 18942 sector peers (2024).

NBB · sector comparison

Position among 18942 sector peers

Solvency

better than 22%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 3 filings

Deviation from the deadline

2025

not confirmed

2024

61 d late

2023

31 d late

2022

71 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€-17k▲ 16.4%

2023 · €-21k

2022: €4k 2023: €-21k

2022 → 2024

Total assets

€131k▲ 101%

2023 · €65k

2022: €90k 2023: €65k

2022 → 2024

Net result

€3k

2023 · €-24k

2022: €511 2023: €-24k

2022 → 2024

Working capital

€-56k▼ 11.5%

2023 · €-50k

2022: €-23k 2023: €-50k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€4k-€-21k€-17k▲ 16.4%

Operating result€757-€-20k€8k

Net result€511-€-24k€3k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €8k after a loss of €20k in 2023, the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €131k

82.6%

17.4%

Fixed assets €108k▲ 88.9%

Current assets €23k▲ 185%

Key figures and ratios

2024 value · change against 2023

EBITDA

€26k▲

2023 · €-615

Cash flow

€21k▲

2023 · €-5k

Solvency

-13.2%▲

2023 · -31.6%

Current ratio

0.29▲

2023 · 0.14

Quick ratio

0.29▲

2023 · 0.14

Debt / equity

-8.60▼

2023 · -4.16

ROA

2.6%▲

2023 · -37.0%

Interest coverage

5.56▲

2023 · -0.15

Debt

€148k▲

2023 · €86k

Debt ≤ 1 year

€78k▲

2023 · €58k

Debt > 1 year

€70k▲

2023 · €28k

Staff costs

€40k▲

2023 · €36k

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€65k€131k▲

Fixed assets21/28€57k€108k▲

Tangible fixed assets22/27€57k€106k▲

Furniture and vehicles24-€17k

Leasing and similar rights25€57k€90k▲

Financial fixed assets28-€2k

Current assets29/58€8k€23k▲

Amounts receivable within one year40/41€7k€14k▲

Trade receivables40€7k€14k▲

Other amounts receivable41€406-

Cash at bank and in hand54/58€1k€9k▲

Equity and liabilities

Total equity and liabilities10/49€65k€131k▲

Equity10/15€-21k€-17k▲

Contributions10/11€3k€3k=

Profit (loss) carried forward14€-24k€-20k▲

Amounts payable17/49€86k€148k▲

Amounts payable after more than one year17€28k€70k▲

Financial debts170/4€28k€70k▲

Amounts payable within one year42/48€58k€78k▲

Current portion of amounts payable after more than one year42€22k€45k▲

Trade debts44€4k€3k▼

Suppliers440/4€4k€3k▼

Taxes, remuneration and social security45€5k€8k▲

Taxes450/3€627€2k▲

Remuneration and social security454/9€4k€6k▲

Other amounts payable47/48€27k€22k▼

Income statement Code20232024

Remuneration, social security and pensions62€36k€40k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€18k▼

Other operating charges640/8€4k€23k▲

Gross operating margin9900€39k€89k▲

Operating profit (loss)9901€-20k€8k▲

Financial income75/76B-€6

Recurring financial income75-€6

Financial charges65/66B€4k€5k▲

Recurring financial charges65€4k€5k▲

Profit (loss) for the period before taxes9903€-24k€3k▲

Income taxes67/77€-34-

Profit (loss) for the period9904€-24k€3k▲

Profit (loss) for the period to be appropriated9905€-24k€3k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-24k€-20k▲

Profit (loss) brought forward from the previous period14P€511€-24k▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

2025

30-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 61 days late

2024

31-12

Financial Back to profitnet €3k

Net result €3k after one loss-making year.

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

2023

31-12

Financial Weakest financial yearnet €-24k ▼4816%

Net result drops to €-24k, the lowest in the series; recovery starts the following year.

10-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 71 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, Anderlecht · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Dokter Lemoinelaan 31070 Anderlecht

Ground area

848 m²

Building footprint

334 m²

Volume, LiDAR

12,501 m³

Parcel 21308H0299/00D000, Brussels · tallest building 39.7 m, ±12 floors. Linked by address, not a title deed.

1 establishment unit

LOTIN CONCEPT

Dokter Lemoinelaan 3, 1070 AnderlechtRemoval services

since 20222.332.362.129

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21308H0299/00D000	Brussels	848 m²	1 · 334 m²	39.6 m · 12 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.

Similar companies · same sector, comparable size

MUSTANG

BE 0641.824.155

Sint-Gillis (bij-Brussel) · Eq €4k

Of 14,028 companies in sector 56301 we hold annual accounts for 4,894. 2,397 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded16-02-2022

Fiscal year end31-12

Activities, NACEBEL

49420Removal services

56301Cafés and bars

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.