LO WORKS

Active

General partnershipfounded 2001active for 25 yearsVeldstraat 48, 9080 Lochristi, BelgiumKBO/BCE: BE 0475.599.809

Summary

The computed 12-month bankruptcy probability of LO WORKS is 2.2% (moderate). For LO WORKS, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €58,090 and a net result of €2,665. Equity is growing by about 7.6% per year across the filed financial years. Its solvency ranks better than 72% of 3,902 sector peers (NACE 01, financial year 2024). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

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LO WORKSActive

Risk analysis Report Compare

Activity

Growing of flowers

NACE 01191

1 site

Size

€98,726total assets 2024

Equity: €58,090
Profit: €2,665

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 2.2%

2024 figures too old to score

Structure

Accounts 255 days overdue1 of 2 deeds read

Signalsraises riskFigures for financial year 2024 (filed 12-02-2025)Liquidity: current ratio 0.17, cash €62Ex-officio strike-off in the KBOAnnual accounts not filedAdministrative warnings in the KBO publicationslowers riskSector: Crop and animal production, hunting and related service activities (NACE 01)neutralA punctual record breaksShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2024 are too old to assess current financial health.

Filing: One filing cycle is missing

Financial strength, FY 2024 · tick = 2023

Strong

Solvency 84+3

equity 58.8% of total assets

Liquidity 31+2

short-term debt 41.2% · cash 0.1%

Profitability 72-2

return on assets 2.7%

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,683 companies, NACE 01, micro)

Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.3%▲ +0.2 percentage points vs 11-2024 01-2025: 0.4%▲ +0.1 percentage points vs 12-2024 02-2025: 0.6%▲ +0.2 percentage points vs 01-2025 03-2025: 0.3%▼ -0.3 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.4%▲ +0.1 percentage points vs 12-2025 02-2026: 0.6%▲ +0.2 percentage points vs 01-2026 03-2026: 0.8%▲ +0.2 percentage points vs 02-2026 04-2026: 1.3%▲ +0.5 percentage points vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.6%▲ +0.3 percentage points vs 05-2026 07-2026: 2.3%▲ +0.7 percentage points vs 06-2026 08-2026: 2.3%● unchanged vs 07-2026 09-2026: 2.5%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 2.2%▼ -0.3 percentage points vs 09-2026

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Signals

Seven signals.

lowers riskraises riskneutral

Figures for financial year 2024 (filed 12-02-2025)

NBB · annual accounts

Liquidity: current ratio 0.17, cash €62

NBB · annual accounts

Sector: Crop and animal production, hunting and related service activities (NACE 01)

KBO

Ex-officio strike-off in the KBO

KBO publications

Annual accounts not filed

The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 255 days later.

NBB · 10 filings

Position against the passed deadline

30-06-2025 year end31-01-2026 deadline13-10-2026 today

A punctual record breaks

This company filed 9 consecutive financial years on time. The year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 12-02-2025, 12 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

12 days late

2023

1 day early

2022

4 days early

2021

4 days early

2020

26 days early

2019

1 day early

← 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 4 days before the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

UBO non-compliance

18-08-2026 Resignation: Linda VANRIJCKEGHEM (manager)Name change · Amendment of…
12-02-2025 Annual accounts filedfinancial year 2024 · micro…
25-11-2024 UBO non-complianceevent 12-11-2024