LOONES E & B
ActiveSummary
LOONES E & B has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €336k and a net result of €-28k. Equity is shrinking by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 94% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability9▼-64
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days only on tighter terms
Liquidity ample (current ratio 8.63 against 6.64 in 2023; short-term debt: 9.2% and cash: 29.7% of total assets), and 9.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
90.7%
Return on assets
-7.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
244 d late
2022
213 d late
2021
108 d late
2020
153 d late
2019
210 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€336k▼ 31.6%
2023 · €491k
2018: €621k
2019: €693k
2020: €744k
2021: €697k
2022: €536k
2023: €491k
2018 → 2024
Total assets
€370k▼ 33.8%
2023 · €560k
2018: €694k
2019: €780k
2020: €806k
2021: €721k
2022: €605k
2023: €560k
2018 → 2024
Net result
€-28k
2023 · €17k
2018: €63k
2019: €73k
2020: €53k
2021: €-13k
2022: €28k
2023: €17k
2018 → 2024
Working capital
€260k▼ 32.6%
2023 · €385k
2018: €540k
2019: €618k
2020: €677k
2021: €680k
2022: €524k
2023: €385k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€744k-€697k▼ 6.4%€536k▼ 23.1%€491k▼ 8.3%€336k▼ 31.6%
Operating result€78k-€-12k€38k€20k▼ 48.5%€-34k
Net result€53k-€-13k€28k€17k▼ 37.6%€-28k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €34k after €20k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €370k
Fixed assets
€76k ▼ 27.9%
Current assets
€294k ▼ 35.2%
Equity and liabilities €370k
Equity
€336k ▼ 31.6%
Debt
€34k ▼ 49.5%
Debt's share of the balance-sheet total falls from 12.2% to 9.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-14k▼
2023 · €21k
Cash flow
€-9k▼
2023 · €18k
Current ratio
8.63▲
2023 · 6.64
Debt to equity
0.10▼
2023 · 0.14
ROE
-8.4%▼
2023 · 3.5%
ROA
-7.6%▼
2023 · 3.1%
Interest coverage
-79.01▼
2023 · 227.79
Debt ≤ 1 year
€34k▼
2023 · €68k
Income taxes
€0▼
2023 · €4k
Staff costs
€15k▼
2023 · €56k
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 · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€560k€370k▼
Fixed assets21/28€106k€76k▼
Tangible fixed assets22/27€94k€75k▼
Land and buildings22€494€247▼
Plant, machinery and equipment23€1k€548▼
Furniture and vehicles24€93k€74k▼
Financial fixed assets28€12k€1k▼
Current assets29/58€454k€294k▼
Amounts receivable within one year40/41€89k€33k▼
Trade receivables40€29k€18k▼
Other amounts receivable41€60k€16k▼
Current investments50/53-€150k
Cash at bank and in hand54/58€365k€110k▼
Deferred charges and accrued income490/1-€681
Equity and liabilities
Total equity and liabilities10/49€560k€370k▼
Equity10/15€491k€336k▼
Contributions10/11€83k€8k▼
Reserves13€409k€357k▼
Distributable reserves133€409k€357k▼
Profit (loss) carried forward14-€-28k
Amounts payable17/49€68k€34k▼
Amounts payable within one year42/48€68k€34k▼
Trade debts44€4k€10k▲
Suppliers440/4€4k€10k▲
Taxes, remuneration and social security45€11k€2k▼
Taxes450/3€11k€2k▼
Other amounts payable47/48€54k€22k▼
Accrued charges and deferred income492/3-€402
Income statement
Code20232024
Remuneration, social security and pensions62€56k€15k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€853€19k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€250-
Gross operating margin9900€79k€2k▼
Operating profit (loss)9901€20k€-34k▼
Financial income75/76B€2k€6k▲
Recurring financial income75€2k€6k▲
Financial charges65/66B€90€180▲
Recurring financial charges65€90€180▲
Profit (loss) for the period before taxes9903€21k€-28k▼
Income taxes67/77€4k€0▼
Profit (loss) for the period9904€17k€-28k▼
Profit (loss) for the period to be appropriated9905€17k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€-28k▼
Transfer from equity791/2€62k€52k▼
Transfer to equity691/2€17k-
To other reserves6921€17k-
Profit to be distributed694/7€62k€52k▼
Return on contributions (dividend)694€62k€52k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
01-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 244 days late
2024
31-12
Financial
Weakest financial yearnet €-28k ▼264%
Net result drops to €-28k, the lowest in the series.
29-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 213 days late
2022
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 108 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 29.08
Current ratio from 12.00 to 29.08; short-term debt falls from €62k to €24k.
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 210 days late
2019
31-12
Financial
Highest result since 2018net €73k ▲16.7%
Operating result €102k, net result €73k, both a record.
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 51 days late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 91 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Maldegem · 1 establishment unit since 2004
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.
Steenhouwerslaan 49990 MaldegemGround area
5,183 m²
Building footprint
187 m²
Volume, LiDAR
911 m³
Parcel 43010C0304/00V000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Loones E & B
since 20042.138.724.195
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43010C0304/00V000 | Flanders | 5,183 m² | 1 · 187 m² | 6.6 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.
Similar companies · same sector, comparable size
Huis Vanderhoeven
BE 0402.983.431
Brussel · Eq €335,928
CAPTEC
BE 0430.502.034
Herve · Eq €336,105
LES TERRASSEMENTS MARIO LEONCELLI
BE 0447.036.376
Le Roeulx · Eq €336,239
ATRASOL
BE 0871.340.607
Chastre · Eq €336,302
DEMEYERE GRONDWERKEN
BE 0721.809.761
Kortrijk · Eq €335,453
Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 2,401 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-06-2004
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.