Paul Lootens
ActivePaul Lootens has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.00M and a net result of €171k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 93% of 7983 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+65
Solvency100▲+2
Growth52▲+14
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 12.17 against 3.73 in 2024; short-term debt: 8.2% and cash: 0.7% of total assets), and 8.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
91.8%
Return on assets
15.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.00M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
30 d early
2023
9 d early
2022
32 d early
2021
2 d early
2020
1 d early
2019
18 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€308k▼ 76.1%
2020 · €1.29M
2020: €1.29M
2020 → 2021
EBIT margin
106.6%▲ 137.5pp
2020 · -30.9%
2020: -30.9%
2020 → 2021
Net result
€171k▲ 302%
2024 · €43k
2018: €-25k
2019: €559
2020: €-400k
2021: €327k
2022: €-49k
2023: €-73k
2024: €43k
2018 → 2025
Working capital
€1.00M▲ 21.7%
2024 · €824k
2018: €926k
2019: €949k
2020: €561k
2021: €889k
2022: €846k
2023: €773k
2024: €824k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€308k-
Equity€912k-€863k▼ 5.4%€790k▼ 8.5%€833k▲ 5.4%€1.00M▲ 20.6%
Operating result€328k-€-49k€-72k▼ 48.1%€-38k▲ 46.8%€151k
Net result€327k-€-49k€-73k▼ 49.6%€43k€171k▲ 302%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €151k after a loss of €38k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.09M
Fixed assets
€2k▼ 74.2%
Current assets
€1.09M▼ 3.0%
Equity and liabilities €1.09M
Equity
€1.00M▲ 20.6%
Debt
€90k▼ 70.3%
The debt ratio falls from 26.6% to 8.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€161k▲
2024 · €-22k
Cash flow
€181k▲
2024 · €59k
Solvency
91.8%▲
2024 · 73.4%
Current ratio
12.17▲
2024 · 3.73
Quick ratio
12.17▲
2024 · 3.73
Debt / equity
0.09▼
2024 · 0.36
ROE
17.1%▲
2024 · 5.1%
ROA
15.7%▲
2024 · 3.8%
Interest coverage
312.80▲
2024 · -30.10
Debt
€90k▼
2024 · €302k
Debt ≤ 1 year
€90k▼
2024 · €302k
Staff costs
€55k▼
2024 · €115k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.13M€1.09M▼
Fixed assets21/28€9k€2k▼
Tangible fixed assets22/27€9k€2k▼
Furniture and vehicles24-€2k
Leasing and similar rights25€9k€0▼
Financial fixed assets28€676€531▼
Current assets29/58€1.13M€1.09M▼
Amounts receivable after more than one year29€892k€892k=
Other amounts receivable291€892k€892k=
Amounts receivable within one year40/41€147k€170k▲
Trade receivables40€4k€17k▲
Other amounts receivable41€142k€154k▲
Cash at bank and in hand54/58€5k€8k▲
Deferred charges and accrued income490/1€82k€21k▼
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.09M▼
Equity10/15€833k€1.00M▲
Contributions10/11€899k€899k=
Reserves13€92k€105k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€56k€56k=
Distributable reserves133€36k€49k▲
Profit (loss) carried forward14€-159k€0▲
Amounts payable17/49€302k€90k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€302k€90k▼
Current portion of amounts payable after more than one year42€9k€0▼
Trade debts44€266k€54k▼
Suppliers440/4€266k€54k▼
Taxes, remuneration and social security45€15k€19k▲
Taxes450/3€6k€9k▲
Remuneration and social security454/9€9k€10k▲
Other amounts payable47/48€12k€16k▲
Accrued charges and deferred income492/3€39€0▼
Income statement
Code20242025
Non-recurring operating income76A€4k€0▼
Remuneration, social security and pensions62€115k€55k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€9k▼
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€250€0▼
Gross operating margin9900€97k€217k▲
Operating profit (loss)9901€-38k€151k▲
Financial income75/76B€82k€21k▼
Recurring financial income75€82k€21k▼
Financial charges65/66B€717€523▼
Recurring financial charges65€717€513▼
Non-recurring financial charges66B-€10
Profit (loss) for the period before taxes9903€43k€171k▲
Profit (loss) for the period9904€43k€171k▲
Profit (loss) for the period to be appropriated9905€43k€171k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-191k€13k▲
Profit (loss) brought forward from the previous period14P€-234k€-159k▲
Transfer from equity791/2€33k€0▼
Transfer to equity691/2-€13k
To other reserves6921-€13k
Social balance
Average headcount (FTE)90872.00.8▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity triplescurrent ratio 12.17
Current ratio from 3.73 to 12.17; short-term debt falls from €302k to €90k.
31-12
Financial
Equity above €1MEq €1.00M ▲20.6%
2 profitable years in a row build equity to €1.00M.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €43k
Net result €43k after 2 loss-making years.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €327k
Net result €327k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-400k ▼71593%
Net result drops to €-400k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 6.95
Current ratio from 2.00 to 6.95; short-term debt falls from €947k to €94k.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €559
Net result €559 after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
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.
Directors · office · real estate
Directors
3 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, Brugge · 1 establishment unit since 1992
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.
Sint-Pieterszuidstraat 508000 BruggeGround area
6,997 m²
Building footprint
7,608 m²
Volume, LiDAR
39,243 m³
Parcel 31808K0698/00X002, Flanders · tallest building 16.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Pieterszuidstraat 50 B, 8000 Brugge
since 19922.057.626.455
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808K0698/00X002 | Flanders | 6,997 m² | 1 · 7,608 m² | 16.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,500 EUR awarded · 2,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,500 EUR | 2,500 EUR |
Schemes
Globalisatiemechanisme (stopgezet)
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Of 756 companies in sector 46321 we hold annual accounts for 551. 406 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-1992
Fiscal year end31-12
Activities, NACEBEL
46321Wholesale of meat and meat products, excluding game and poultry
51230
51321
46231Wholesale of live animals
47221Retail sale of meat and meat products, excluding game and poultry
52220
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.