LOX
The computed 12-month bankruptcy probability of LOX is 6.9% (elevated). The 2024 annual accounts show negative equity (€-12k) and a net result of €-173k. Equity is shrinking by ~209% per year across the filed fiscal years. Its solvency ranks better than 23% of 548 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-12k |
| Net result | €-173k |
| Staff (FTE) | 0.3 |
| Better than sector | 23% |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -2.3% | 19.1% | |
| Net result | €-173k | €19k | |
| Equity | €-12k | €64k | |
| Gross operating margin | €-57k | €293k | |
| Staff costs | €40k | €239k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-107k |
| Net profit | €-173k |
| Cash flow | €-117k |
| Staff costs | €40k |
| Income taxes | - |
| Dividends | - |
| Total assets | €495k |
| Equity | €-12k |
| Debt | €506k |
| of which ≤ 1y | €96k |
| of which > 1y | €408k |
| Working capital | €-70k |
| Employees (FTE) | 0.3 |
| 2024 | |
|---|---|
| Current ratio | 0.27 |
| Quick ratio | 0.18 |
| Working capital ratio | -14.2% |
| Solvency | -2.3% |
| Debt / equity | -44.00 |
| Long-term debt ratio | -35.47 |
| Interest coverage | -10.02 |
| Gross margin | - |
| Net margin | - |
| ROA | -34.9% |
| ROE | 1502.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €495k |
| Fixed assets | 21/28 | €469k |
| Intangible fixed assets | 21 | €78k |
| Tangible fixed assets | 22/27 | €383k |
| Financial fixed assets | 28 | €8k |
| Current assets | 29/58 | €26k |
| Stocks & contracts in progress | 3 | €8k |
| Amounts receivable within one year | 40/41 | €14k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €495k |
| Equity | 10/15 | €-12k |
| Contributions / capital | 10/11 | €391k |
| Accumulated profits (losses) | 14 | €-402k |
| Amounts payable | 17/49 | €506k |
| Amounts payable after one year | 17 | €408k |
| Amounts payable within one year | 42/48 | €96k |
| Trade debts payable within one year | 44 | €38k |
| Income statement | ||
| Gross operating margin | 9900 | €-57k |
| Operating result | 9901 | €-163k |
| Financial income | 75 | €950 |
| Financial charges | 65 | €11k |
| Result before taxes | 9903 | €-173k |
| Net result for the period | 9904 | €-173k |
| Result to be appropriated | 9905 | €-173k |
-
BV FLOVIERLegal entityDirector· perm. rep.: Olivier SpeltdoorenState Gazette act 26017617 (04-02-2026)Current08-01-2026 → present
-
LACE-INVESTLegal entityDirector· perm. rep.: DE BOCK Laurens Henri ChristineState Gazette act 24434329 (07-10-2024)Current07-10-2024 → present
Former directors (4)
-
BV Lace InvestLegal entityDirector· perm. rep.: Laurens De BockState Gazette act 26017617 (04-02-2026)Former- → 08-01-2026
-
FLOVIERLegal entityDirector· perm. rep.: SPELTDOOREN Olivier Aimé DianeState Gazette act 24434329 (07-10-2024)Former- → 01-10-2024
-
KRATO PROJECTSLegal entityDirector· perm. rep.: DESCHACHT Olivier Eric ChristianeState Gazette act 24434329 (07-10-2024)Former- → 09-09-2024
-
RDS HoldingLegal entityDirector· perm. rep.: DESCHACHT Xavier Christa RogerState Gazette act 24434329 (07-10-2024)Former- → 09-09-2024
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| DPO bedrijfsrevisoren BVCurrent Company auditor · represented by Ulrich De Poortere |
- | 19-12-2024 → present |
| NACE primary | Cafés(56301) |
| Legal form | Public limited company(014) |
| Incorporation | 24-05-2022 |
| Status | Active |
| Postal code | 9070 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013A0827/00E000 | Flanders | 2,116 m² | 1 · 824 m² | 8.5 m · 1 fl. |
| 44802B1228/00C000 | Flanders | 261 m² | 1 · 242 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-02-2026 1 director appointed, 1 resigning
- Olivier Speltdooren, Bestuurder
- Laurens De Bock, Bestuurder
Technical details
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"effective_date": "2026-01-08",
"evidence_quote": "Uit het verslag van de gewone algemene vergadering gehouden op de maatschappelijke zetel op 8 januari 2026 blijkt het ontslag van de BV Lace Invest, vertegenwoordigd door de heer Laurens De Bock, als bestuurder van de vennootschap met ingang vanaf heden 8/1/2026."
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"effective_date": "2026-01-08",
"evidence_quote": "De algemene vergadering benoemt als bestuuder van de vennootschap met ingang vanaf heden 08/01/2026 de BV FLOVIER, met maatschappelijke zetel te 9041 Oostakker, Handekenskruidstraat 20, vertegenwoordigd door de heer Olivier Speltdooren"
}
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}16-01-2025 Capital increase of €190,874 to €390,874
- €200.000 → €390.874
Technical details
{
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"before_eur": 200000.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2024-12-19",
"evidence_quote": "Het kapitaal van de naamloze vennootschap \u201CLOX\u201D zal verhoogd worden met honderdnegentigduizend achthonderdvierenzeventig euro (\u20AC 190.874,00) door inbreng in natura ... om het kapitaal te brengen van tweehonderdduizend euro (\u20AC 200.000,00) op driehonderdnegentigduizend achthonderdvierenzeventig euro (\u20AC 390.874,00)",
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}07-10-2024 3 resigning, 1 reappointed
- DESCHACHT Olivier Eric Christiane, Bestuurder
- DESCHACHT Xavier Christa Roger, Bestuurder
- SPELTDOOREN Olivier Aimé Diane, Bestuurder
- DE BOCK Laurens Henri Christine, Bestuurder
Technical details
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"name": "KRATO PROJECTS",
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},
"effective_date": "2024-09-09",
"evidence_quote": "De algemene vergadering neemt akte van de ontslagname van de volgende huidige statutaire bestuurders, dit met ingang vanaf 9 september 2024: -de besloten vennootschap \u0022KRATO PROJECTS\u0022, met zetel te 9080 Lochristi, Antwerpse Steenweg 108, ingeschreven in het rechtspersonenregister te Gent, afdeling G",
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},
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"name": "RDS HOLDING",
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},
"effective_date": "2024-09-09",
"evidence_quote": "De algemene vergadering neemt akte van de ontslagname van de volgende huidige statutaire bestuurders, dit met ingang vanaf 9 september 2024: -de commanditaire vennootschap \u0022RDS HOLDING\u0022, met zetel te 9080 Lochristi, Antwerpse Steenweg 108, ingeschreven in het rechtspersonenregister te Gent, afdeling",
"discharge_granted": true
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"name": "FLOVIER",
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},
"effective_date": "2024-10-01",
"evidence_quote": "De algemene vergadering beslist een einde te stellen aan het mandaat van de volgende statutaire bestuurder, dit met ingang vanaf heden: de besloten vennootschap \u0022FLOVIER\u0022, met zetel te 9041 Gent (Oostakker), Handekenskruidstraat 20, ingeschreven in het rechtspersonenregister te Gent, afdeling Gent m",
"discharge_granted": true
},
{
"kind": "director_renew",
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"rrn": null,
"name": "DE BOCK Laurens Henri Christine",
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},
"via_org": {
"kbo": "0778426978",
"name": "LACE-INVEST",
"address": null,
"country": null,
"legal_form": null
},
"evidence_quote": "De algemene vergadering beslist de huidige statutaire bestuurder, hierna vermeld, ontslag te geven uit haar functie en gaat onmiddellijk over tot haar herbenoeming als enige niet-statutaire bestuurder voor een onbepaalde duur: de besloten vennootschap \u0022LACE-INVEST\u0022, met zetel te 9270 Laarne, Hogendr"
}
],
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}
}27-05-2022 Incorporation of a new NV
Technical details
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},
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"initial_directors": [],
"incorporation_date": "2022-05-24",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | LOX |