Foncière Louvain
ActiveSummary
Foncière Louvain has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.44M and a net result of €193k. Equity remains stable across the filed fiscal years (±0.1% per year). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+9
Solvency52▲+2
Growth46▲+14
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity short (current ratio 0.3 against 0.02 in 2024; short-term debt: 9.6% and cash: 0.1% of total assets), and 73.4% 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 · 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
26.6%
Return on assets
3.6%
Age of the figures
9 mo
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 · 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 €1.44M
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 21-04-2026, 101 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
101 d early
2024
104 d early
2023
112 d early
2022
129 d early
2021
100 d early
2020
100 d early
2019
36 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€844k▲ 1.1%
2024 · €835k
2018: €862k
2019: €820k
2020: €132k
2021: €294k
2022: €692k
2023: €844k
2024: €835k
2018 → 2025
EBIT margin
45.6%▲ 4.0pp
2024 · 41.5%
2018: 48.2%
2019: 45.1%
2020: -214.8%
2021: -42.8%
2022: 36.0%
2023: 45.1%
2024: 41.5%
2018 → 2025
Net result
€193k▲ 10.3%
2024 · €175k
2018: €252k
2019: €192k
2020: €-378k
2021: €-217k
2022: €149k
2023: €226k
2024: €175k
2018 → 2025
Working capital
€-367k▲ 42.0%
2024 · €-633k
2018: €-2.12M
2019: €-1.85M
2020: €-1.95M
2021: €-1.91M
2022: €-1.50M
2023: €-4.53M
2024: €-633k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€294k-€692k▲ 135%€844k▲ 22.0%€835k▼ 1.1%€844k▲ 1.1%
Equity€842k-€991k▲ 17.7%€1.22M▲ 22.8%€1.39M▲ 14.4%€1.44M▲ 3.8%
Operating result€-126k-€249k€381k▲ 52.9%€346k▼ 9.0%€385k▲ 11.0%
Net result€-217k-€149k€226k▲ 51.7%€175k▼ 22.6%€193k▲ 10.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 11% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.43M
Fixed assets
€5.28M ▼ 4.4%
Current assets
€156k ▲ 888%
Equity and liabilities €5.43M
Equity
€1.44M ▲ 3.8%
Debt
€3.99M ▼ 3.7%
Debt's share of the balance-sheet total falls from 74.8% to 73.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€627k▲
2024 · €609k
Cash flow
€435k▼
2024 · €438k
Current ratio
0.30▲
2024 · 0.02
Debt to equity
2.76▼
2024 · 2.98
ROE
13.4%▲
2024 · 12.6%
ROA
3.6%▲
2024 · 3.2%
Interest coverage
4.43▲
2024 · 2.84
Debt ≤ 1 year
€523k▼
2024 · €649k
Debt > 1 year
€3.46M=
2024 · €3.46M
Income taxes
€50k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.54M€5.43M▼
Fixed assets21/28€5.52M€5.28M▼
Tangible fixed assets22/27€5.52M€5.28M▼
Land and buildings22€5.52M€5.28M▼
Current assets29/58€16k€156k▲
Amounts receivable within one year40/41€12k€32k▲
Trade receivables40€12k€12k=
Other amounts receivable41-€20k
Cash at bank and in hand54/58€4k€5k▲
Deferred charges and accrued income490/1-€119k
Equity and liabilities
Total equity and liabilities10/49€5.54M€5.43M▼
Equity10/15€1.39M€1.44M▲
Contributions10/11€1.42M€1.42M=
Capital10€1.42M€1.42M=
Issued capital100€1.42M€1.42M=
Reserves13€18k€26k▲
Non-distributable reserves130/1€18k€26k▲
Legal reserve130€18k€26k▲
Profit (loss) carried forward14€-45k-
Amounts payable17/49€4.14M€3.99M▼
Amounts payable after more than one year17€3.46M€3.46M=
Financial debts170/4€3.46M€3.46M=
Credit institutions173€3.46M€3.46M=
Amounts payable within one year42/48€649k€523k▼
Trade debts44€41k€82k▲
Suppliers440/4€41k€82k▲
Other amounts payable47/48€607k€441k▼
Accrued charges and deferred income492/3€33k€4k▼
Income statement
Code20242025
Operating income70/76A€851k€860k▲
Turnover70€835k€844k▲
Other operating income74€16k€16k=
Operating charges60/66A€504k€475k▼
Services and other goods61€121k€109k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€263k€242k▼
Other operating charges640/8€120k€124k▲
Operating profit (loss)9901€346k€385k▲
Financial income75/76B€44k-
Recurring financial income75€44k-
Other financial income752/9€44k-
Financial charges65/66B€215k€142k▼
Recurring financial charges65€215k€142k▼
Debt charges650€215k€142k▼
Other financial charges652/9€514€514=
Profit (loss) for the period before taxes9903€175k€243k▲
Income taxes67/77-€50k
Taxes670/3-€50k
Profit (loss) for the period9904€175k€193k▲
Profit (loss) for the period to be appropriated9905€175k€193k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-45k€148k▲
Profit (loss) brought forward from the previous period14P€-220k€-45k▲
Transfer to equity691/2-€7k
To the legal reserve6920-€7k
Profit to be distributed694/7-€141k
Return on contributions (dividend)694-€141k
The notes to these accounts (26 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
18-09
State Gazette act
Resignation: Forvis Mazars Réviseurs d'Entreprises SRL (statutory auditor)Permanent representative: Schueremans Sébastien · Appointment: Forvis Mazars Réviseurs d'Entreprises SRL (statutory auditor)3 facts ▸
State Gazette act
Resignation: Forvis Mazars Réviseurs d'Entreprises SRL (statutory auditor)
Permanent representative: Schueremans Sébastien · Appointment: Forvis Mazars Réviseurs d'Entreprises SRL (statutory auditor)3 facts ▸
- Auditor resignation, Forvis Mazars Réviseurs d'Entreprises SRL
- Permanent representative, Schueremans Sébastien (permanent representative)
- Auditor appointment, Forvis Mazars Réviseurs d'Entreprises SRL
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €1MEq €1.22M ▲22.8%
2 profitable years in a row build equity to €1.22M.
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €149k
Net result €149k after 2 loss-making years.
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-378k ▼297%
Net result drops to €-378k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2010
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.
Marnixlaan 231000 BrusselGround area
1,572 m²
Building footprint
1,288 m²
Volume, LiDAR
32,256 m³
2 parcels, Brussels · tallest building 44.0 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Foncière Louvain
since 20102.218.486.703
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0534/00D000 | Brussels | 1,027 m² | 1 · 800 m² | 44.0 m · 8 fl. |
| 21803C0613/00P000 | Brussels | 545 m² | 1 · 488 m² | 32.7 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| FORVIS MAZARS REVISEURS D'ENTREPRISES SRLCurrent Auditor · represented by Schueremans Sébastien | 24-03-2026 → present |
Recognitions · licences · registrations
Legal Entity Identifier
549300RPPNF2U65KQZ46
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-12-2010
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.