LOUTSA
ActiveSummary
LOUTSA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.02M and a net result of €12k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 92% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability62▼-7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 10.28; short-term debt: 7.4% and cash: 33.7% of total assets), and 7.4% 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○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
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.6%
Return on assets
1.1%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
33 d early
2022
17 d early
2021
8 d late
2020
72 d late
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€25k
EBIT margin
99.6%
Net result
€12k▲ 1,273%
2024 · €902
2018: €-23
2019: €3k▲ +11074% vs 2018
2020: €28k▲ +1025% vs 2019highest in 8 years
2021: €14k▼ -50.1% vs 2020
2022: €-9k▼ -161% vs 2021lowest in 8 years
2023: €-6k▲ +25.0% vs 2022
2024: €902▲ +114% vs 2023
2025: €12k▲ +1273% vs 2024
2018 → 2025
Working capital
€754k▲ 4.4%
2024 · €722k
2018: €886k
2019: €901k▲ +1.7% vs 2018highest in 8 years
2020: €868k▼ -3.7% vs 2019
2021: €884k▲ +1.9% vs 2020
2022: €879k▼ -0.5% vs 2021
2023: €702k▼ -20.2% vs 2022lowest in 8 years
2024: €722k▲ +2.9% vs 2023
2025: €754k▲ +4.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€25k-
Equity€1.02M-€1.01M▼ 0.8%€1.01M▼ 0.6%€1.01M▲ 0.1%€1.02M▲ 1.2%
2021: €1.02Mhighest in 5 years
2022: €1.01M▼ -0.8% vs 2021
2023: €1.01M▼ -0.6% vs 2022lowest in 5 years
2024: €1.01M▲ +0.1% vs 2023
2025: €1.02M▲ +1.2% vs 2024
Operating result€25k-€-7k€-517▲ 92.6%€-2k▼ 367%€-16k▼ 553%
2021: €25khighest in 5 years
2022: €-7k▼ -128% vs 2021
2023: €-517▲ +92.6% vs 2022
2024: €-2k▼ -367% vs 2023
2025: €-16k▼ -553% vs 2024lowest in 5 years
Net result€14k-€-9k€-6k▲ 25.0%€902€12k▲ 1,273%
2021: €14khighest in 5 years
2022: €-9k▼ -161% vs 2021lowest in 5 years
2023: €-6k▲ +25.0% vs 2022
2024: €902▲ +114% vs 2023
2025: €12k▲ +1273% vs 2024
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 stays negative: a loss of €16k in 2025 against €2k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.10M
Fixed assets
€266k ▼ 6.8%
Current assets
€835k ▲ 15.1%
Equity and liabilities €1.10M
Equity
€1.02M ▲ 1.2%
Debt
€81k ▲ 2,314%
Debt's share of the balance-sheet total rises from 0.3% to 7.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €17k
Cash flow
€32k▲
2024 · €20k
Current ratio
10.28
Quick ratio
6.18
Debt to equity
0.08▲
2024 · 0.00
ROE
1.2%▲
2024 · 0.1%
ROA
1.1%▲
2024 · 0.1%
Interest coverage
5.02▼
2024 · 124.51
Debt ≤ 1 year
€81k▲
2024 · €3k
Income taxes
€-8k▼
2024 · €15k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.01M€1.10M▲
Fixed assets21/28€285k€266k▼
Tangible fixed assets22/27€285k€266k▼
Land and buildings22€285k€266k▼
Current assets29/58€725k€835k▲
Stocks and contracts in progress3€358k€333k▼
Contracts in progress37€358k€333k▼
Amounts receivable within one year40/41€7k€8k▲
Other amounts receivable41€7k€8k▲
Current investments50/53€102k€121k▲
Cash at bank and in hand54/58€253k€371k▲
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.01M€1.10M▲
Equity10/15€1.01M€1.02M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€945k€958k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€939k€951k▲
Amounts payable17/49€3k€81k▲
Amounts payable within one year42/48€3k€81k▲
Trade debts44-€76k
Suppliers440/4-€76k
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Income statement
Code20242025
Non-recurring operating income76A€9k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€14k-
Other operating charges640/8€1k€6k▲
Gross operating margin9900€33k€9k▼
Operating profit (loss)9901€-2k€-16k▼
Financial income75/76B€18k€21k▲
Recurring financial income75€18k€21k▲
Financial charges65/66B€137€748▲
Recurring financial charges65€137€748▲
Profit (loss) for the period before taxes9903€16k€4k▼
Income taxes67/77€15k€-8k▼
Profit (loss) for the period9904€902€12k▲
Profit (loss) for the period to be appropriated9905€902€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€902€12k▲
Transfer to equity691/2€902€12k▲
To other reserves6921€902€12k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €25k | - | - | - | - | - |
| Non-recurring operating income76A | €9k | - | €3k | €9k | - | - |
| Goods, raw materials, services and sundry goods60/61 | €12k | - | €7k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €20k | €20k | €20k | €20k | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €5k | - | - | €14k | - | - |
| Other operating charges640/8 | €6k | €18k | €10k | €1k | €6k | ▲ 274% |
| Gross operating margin9900 | €55k | €30k | €29k | €33k | €9k | ▼ 71.7% |
| Operating profit (loss)9901 | €25k | €-7k | €-517 | €-2k | €-16k | ▼ 553% |
| Financial income75/76B | €36 | €2k | €3k | €18k | €21k | ▲ 12.7% |
| Recurring financial income75 | €36 | €1k | €3k | €18k | €21k | ▲ 12.7% |
| Non-recurring financial income76B | - | €850 | - | - | - | - |
| Financial charges65/66B | €4k | €4k | €8k | €137 | €748 | ▲ 445% |
| Recurring financial charges65 | €4k | €4k | €8k | €137 | €748 | ▲ 445% |
| Profit (loss) for the period before taxes9903 | €21k | €-9k | €-6k | €16k | €4k | ▼ 74.4% |
| Income taxes67/77 | €7k | €31 | €535 | €15k | €-8k | ▼ 157% |
| Profit (loss) for the period9904 | €14k | €-9k | €-6k | €902 | €12k | ▲ 1,273% |
| Profit (loss) for the period to be appropriated9905 | €14k | €-9k | €-6k | €902 | €12k | ▲ 1,273% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.28M | €1.22M | €1.01M | €1.01M | €1.10M | ▲ 8.9% |
| Fixed assets21/28 | €344k | €324k | €305k | €285k | €266k | ▼ 6.8% |
| Tangible fixed assets22/27 | €344k | €324k | €305k | €285k | €266k | ▼ 6.8% |
| Land and buildings22 | €344k | €324k | €305k | €285k | €266k | ▼ 6.8% |
| Current assets29/58 | €933k | €900k | €708k | €725k | €835k | ▲ 15.1% |
| Amounts receivable after more than one year29 | €0 | - | - | - | - | - |
| Stocks and contracts in progress3 | €414k | €388k | €388k | €358k | €333k | ▼ 7.0% |
| Contracts in progress37 | €414k | €388k | €388k | €358k | €333k | ▼ 7.0% |
| Amounts receivable within one year40/41 | €16k | €23k | €38k | €7k | €8k | ▲ 11.2% |
| Trade receivables40 | €0 | - | - | - | - | - |
| Other amounts receivable41 | €16k | €23k | €38k | €7k | €8k | ▲ 11.2% |
| Current investments50/53 | €85k | €96k | €97k | €102k | €121k | ▲ 17.9% |
| Cash at bank and in hand54/58 | €417k | €390k | €183k | €253k | €371k | ▲ 46.8% |
| Deferred charges and accrued income490/1 | €1k | €2k | €2k | €5k | €2k | ▼ 53.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.28M | €1.22M | €1.01M | €1.01M | €1.10M | ▲ 8.9% |
| Equity10/15 | €1.02M | €1.01M | €1.01M | €1.01M | €1.02M | ▲ 1.2% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €959k | €951k | €944k | €945k | €958k | ▲ 1.3% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | €953k | €945k | €938k | €939k | €951k | ▲ 1.3% |
| Amounts payable17/49 | €255k | €211k | €7k | €3k | €81k | ▲ 2,314% |
| Amounts payable after more than one year17 | €206k | €190k | €0 | - | - | - |
| Financial debts170/4 | €206k | €190k | €0 | - | - | - |
| Amounts payable within one year42/48 | €49k | €20k | €7k | €3k | €81k | ▲ 2,314% |
| Current portion of amounts payable after more than one year42 | €17k | €17k | - | - | - | - |
| Financial debts43 | - | - | €4k | - | - | - |
| Credit institutions430/8 | - | - | €4k | - | - | - |
| Trade debts44 | €3k | €3k | €2k | - | €76k | - |
| Suppliers440/4 | €3k | €3k | €2k | - | €76k | - |
| Taxes, remuneration and social security45 | €29k | €1k | €0 | €3k | €5k | ▲ 56.8% |
| Taxes450/3 | €29k | €1k | - | €3k | €5k | ▲ 56.8% |
| Accrued charges and deferred income492/3 | - | €993 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €-9k | €-6k | €902 | €12k | ▲ 1,273% |
| + Depreciation and write-downs630 | €20k | €20k | €20k | €20k | €20k | = |
| Operating cash flow (approximation) | €34k | €11k | €13k | €20k | €32k | ▲ 56.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-27k | €-207k | €70k | €118k | ▲ 69.5% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €902
Net result €902 after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 215.48
Current ratio from 106.56 to 215.48; short-term debt falls from €7k to €3k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 106.56
Current ratio from 44.20 to 106.56; short-term debt falls from €20k to €7k.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 44.20
Current ratio from 19.05 to 44.20; short-term debt falls from €49k to €20k.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 72 days late
2020
31-12
Financial
Highest result since 2018net €28k ▲1,025%
Operating result €71k, net result €28k, both a record.
Show earlier events
31-12
Financial
Liquidity times 6current ratio 20.39
Current ratio from 3.40 to 20.39; short-term debt falls from €375k to €45k.
31-12
Financial
Equity above €1MEq €1.01M ▲2.9%
2 profitable years in a row build equity to €1.01M.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Oud-Turnhout · 1 establishment unit since 1999
Ground area
3,309 m²
Building footprint
325 m²
Volume, LiDAR
1,888 m³
Parcel 13483I0332/00N011, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LOUTSA
since 19992.029.877.329
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13483I0332/00N011 | Flanders | 3,309 m² | 1 · 325 m² | 11.1 m · 2 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
Legal Entity Identifier
699400KT54UNKQENOP98
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 3,223 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-08-1987
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Contact
E-mail
philippecrolla@outlook.comOud-Turnhout
Scores and ratios are computed by Checked and are not a credit decision.