LOTIS
ActiveSummary
LOTIS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39,795 and a net result of €45,312. Equity is shrinking by ~22.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 36% of 19372 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+72
Solvency40▲+20
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity ample (current ratio 7.25 against 2.46 in 2023; short-term debt: 12.5% and cash: 2.5% of total assets), but 84.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 · 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 2024Solvency, return and age of the figures
Solvency
15.1%
Return on assets
17.2%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-04-2026, 244 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
244 d late
2023
43 d early
2022
on the day
2021
7 d early
2020
16 d early
2019
10 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€70,119
EBIT margin
33.3%
Net result
€45,312
2023 · -€25,007
Working capital
€206,919▲ 415%
2023 · €40,152
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result€100,551▲ 1,240%-€50,647-€99,386▼ 96.2%-€18,747▲ 81.1%€56,417
Net result€81,946above the sector's middle half-€59,486below the sector's middle half-€96,060below the sector's middle half▼ 61.5%-€25,007below the sector's middle half▲ 74.0%€45,312above the sector's middle half
EBIT margin
Equity€175,036within the sector's middle half▲ 88.0%€115,550within the sector's middle half▼ 34.0%€19,490within the sector's middle half▼ 83.1%-€5,517below the sector's middle half€39,795within the sector's middle half
Total assets€212,133within the sector's middle half▼ 51.7%€240,341within the sector's middle half▲ 13.3%€91,027below the sector's middle half▼ 62.1%€110,455below the sector's middle half▲ 21.3%€264,171within the sector's middle half▲ 139%
Debt€37,097▼ 89.3%€124,791▲ 236%€71,538▼ 42.7%€115,972▲ 62.1%€224,376▲ 93.5%
Working capital€151,734above the sector's middle half▲ 59.2%€96,982within the sector's middle half▼ 36.1%€18,513within the sector's middle half▼ 80.9%€40,152within the sector's middle half▲ 117%€206,919above the sector's middle half▲ 415%
Solvency82.5%above the sector's middle half▲ 61.3pp48.1%within the sector's middle half▼ 34.4pp21.4%within the sector's middle half▼ 26.7pp-5.0%below the sector's middle half▼ 26.4pp15.1%within the sector's middle half▲ 20.1pp
Current ratio7.57above the sector's middle half▲ 6.292.34within the sector's middle half▼ 5.231.51within the sector's middle half▼ 0.832.46within the sector's middle half▲ 0.957.25above the sector's middle half▲ 4.80
Return on assets (ROA)38.6%above the sector's middle half▲ 39.9pp-24.8%below the sector's middle half▼ 63.4pp-105.5%below the sector's middle half▼ 80.8pp-22.6%below the sector's middle half▲ 82.9pp17.2%above the sector's middle half▲ 39.8pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
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: €56,417 after a loss of €18,747 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €264,171
Fixed assets
€24,162 ▼ 43.5%
Current assets
€240,009 ▲ 254%
Equity and liabilities €264,171
Equity
€39,795
Debt
€224,376
Debt finances 84.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€73,934▲
2023 · €11,057
Cash flow
€62,829▲
2023 · €4,797
Quick ratio
2.07▼
2023 · 2.46
Debt to equity
5.64
ROE
113.9%
Interest coverage
6.56▲
2023 · 2.10
Debt ≤ 1 year
€33,090▲
2023 · €27,555
Debt > 1 year
€191,061▲
2023 · €86,014
Income taxes
-€267▼
2023 · €1,150
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.4%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,053 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €21,454 | - |
| Remuneration, social security and pensions62 | - | €123 | €3,358 | €1,942 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,632 | €32,504 | €34,206 | €29,804 | €17,517 | ▼ 41.2% |
| Other operating charges640/8 | - | €6,532 | €2,225 | €1,594 | €1,428 | ▼ 10.4% |
| Non-recurring operating charges66A | - | - | - | - | €0 | - |
| Gross operating margin9900 | €112,665 | -€11,488 | -€59,596 | €14,593 | €75,362 | ▲ 416% |
| Operating profit (loss)9901 | €100,551 | -€50,647 | -€99,386 | -€18,747 | €56,417 | ▲ 401% |
| Financial income75/76B | - | - | €90 | €153 | €19 | ▼ 87.5% |
| Recurring financial income75 | €5,304 | - | €90 | €153 | €19 | ▼ 87.5% |
| Financial charges65/66B | - | €1,381 | €2,155 | €5,262 | €11,391 | ▲ 116% |
| Recurring financial charges65 | €8,211 | €1,381 | €2,155 | €5,262 | €11,265 | ▲ 114% |
| Non-recurring financial charges66B | - | - | - | - | €126 | - |
| Profit (loss) for the period before taxes9903 | €97,643 | -€52,029 | -€101,451 | -€23,857 | €45,045 | ▲ 289% |
| Income taxes67/77 | €15,698 | €7,457 | -€5,391 | €1,150 | -€267 | ▼ 123% |
| Profit (loss) for the period9904 | €81,946 | -€59,486 | -€96,060 | -€25,007 | €45,312 | ▲ 281% |
| Profit (loss) for the period to be appropriated9905 | €81,946 | -€59,486 | -€96,060 | -€25,007 | €45,312 | ▲ 281% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €212,133 | €240,341 | €91,027 | €110,455 | €264,171 | ▲ 139% |
| Fixed assets21/28 | €37,296 | €70,818 | €36,022 | €42,748 | €24,162 | ▼ 43.5% |
| Tangible fixed assets22/27 | €36,706 | €70,228 | €36,022 | €42,748 | €24,162 | ▼ 43.5% |
| Plant, machinery and equipment23 | - | €295 | €156 | €16 | - | - |
| Furniture and vehicles24 | - | €69,933 | €35,866 | €42,732 | €24,162 | ▼ 43.5% |
| Financial fixed assets28 | €590 | €590 | €0 | - | - | - |
| Current assets29/58 | €174,837 | €169,523 | €55,005 | €67,706 | €240,009 | ▲ 254% |
| Stocks and contracts in progress3 | - | - | - | - | €171,555 | - |
| Stocks30/36 | - | - | - | - | €171,555 | - |
| Amounts receivable within one year40/41 | €40,645 | €111,019 | €28,604 | €46,970 | €56,077 | ▲ 19.4% |
| Trade receivables40 | - | €111,019 | €20,839 | €38,439 | €50,000 | ▲ 30.1% |
| Other amounts receivable41 | - | - | €7,765 | €8,531 | €6,077 | ▼ 28.8% |
| Cash at bank and in hand54/58 | €130,700 | €52,484 | €22,907 | €6,809 | €6,687 | ▼ 1.8% |
| Deferred charges and accrued income490/1 | - | €6,020 | €3,495 | €13,928 | €5,690 | ▼ 59.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €212,133 | €240,341 | €91,027 | €110,455 | €264,171 | ▲ 139% |
| Equity10/15 | €175,036 | €115,550 | €19,490 | -€5,517 | €39,795 | ▲ 821% |
| Contributions10/11 | - | €93,600 | €93,600 | €93,600 | €93,600 | = |
| Profit (loss) carried forward14 | €81,436 | €21,950 | -€74,110 | -€99,117 | -€53,805 | ▲ 45.7% |
| Amounts payable17/49 | €37,097 | €124,791 | €71,538 | €115,972 | €224,376 | ▲ 93.5% |
| Amounts payable after more than one year17 | €13,994 | €52,250 | €35,046 | €86,014 | €191,061 | ▲ 122% |
| Financial debts170/4 | - | €52,250 | €35,046 | €17,309 | €2,356 | ▼ 86.4% |
| Other amounts payable178/9 | - | - | - | €68,705 | €188,705 | ▲ 175% |
| Amounts payable within one year42/48 | €23,103 | €72,541 | €36,492 | €27,555 | €33,090 | ▲ 20.1% |
| Current portion of amounts payable after more than one year42 | - | €16,691 | €17,205 | €17,736 | €14,953 | ▼ 15.7% |
| Trade debts44 | €9,816 | €40,880 | €7,522 | €6,444 | €6,357 | ▼ 1.4% |
| Suppliers440/4 | - | €40,880 | €7,522 | €6,444 | €6,357 | ▼ 1.4% |
| Taxes, remuneration and social security45 | - | €13,273 | - | €2,216 | €4,861 | ▲ 119% |
| Taxes450/3 | - | €10,648 | - | €2,216 | €4,861 | ▲ 119% |
| Remuneration and social security454/9 | - | €2,625 | - | - | - | - |
| Other amounts payable47/48 | - | €1,696 | €11,765 | €1,158 | €6,919 | ▲ 498% |
| Accrued charges and deferred income492/3 | - | - | - | €2,403 | €225 | ▼ 90.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €81,946 | -€59,486 | -€96,060 | -€25,007 | €45,312 | ▲ 281% |
| + Depreciation and write-downs630 | €9,632 | €32,504 | €34,206 | €29,804 | €17,517 | ▼ 41.2% |
| Operating cash flow (approximation) | €91,578 | -€26,982 | -€61,854 | €4,797 | €62,829 | ▲ 1,210% |
| Investment in fixed assets (approximation) | - | -€66,026 | €590 | -€36,530 | €1,069 | ▲ 103% |
| Change in cash | - | -€78,216 | -€29,577 | -€16,098 | -€122 | ▲ 99.2% |
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
2026
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 244 days late
2024
31-12
Financial
Back to profitnet €45,312
Net result €45,312 after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 7.25
Current ratio from 2.46 to 7.25.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€96,060
Net result drops to -€96,060, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €81,946
Net result €81,946 after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 7.57
Current ratio from 1.28 to 7.57; short-term debt falls from €342,404 to €23,103.
31-12
Financial
Equity above €150,000Eq €175,036 ▲88%
Equity rises from €93,090 to €175,036.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
Show earlier events
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, La Louvière · 1 establishment unit since 2009
Ground area
321 m²
Building footprint
81 m²
Volume, LiDAR
805 m³
Parcel 55015A0010/00X003, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LOTIS SPRL
since 20092.183.125.946
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55015A0010/00X003 | Wallonia | 321 m² | 1 · 81 m² | 11.5 m · 3 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.
Recognitions · licences · registrations
Recognised contractor
2 categoriesLOTIS SRL44398
Similar companies · same sector, comparable size
TREE 32
BE 0779.626.810
Gavere · Eq €39,795
PAREYN DELPHINE
BE 0686.786.625
Staden · Eq €39,786
CUSTODIA
BE 1003.598.127
Assesse · Eq €39,827
Expertiseburo
BE 0505.921.118
Mechelen · Eq €39,852
YARDS
BE 0865.368.771
Merelbeke-Melle · Eq €39,867
Of 11,749 companies in this sector we hold annual accounts for 6,910. 4,664 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded30-11-2009
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68121Development of residential building projects
Contact
Phone
0473/20.10.17La Louvière
E-invoicing
Reachable via Peppol
Peppol ID
0208:0820992162
Also
9925:BE0820992162
Registered
26-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.