LOR INVEST
ActiveSummary
LOR INVEST has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €390k and a net result of €-79k. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 58% of 54 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▼-80
Solvency88=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.85 in 2024; short-term debt: 25.5% and cash: 5.2% of total assets), and 37.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 92
Relative position
BE, all sectors
reference
Sector 92
higher
← fewer bankruptcies
more bankruptcies →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
29 d late
2023
30 d late
2022
on the day
2021
on the day
2020
on the day
2019
61 d late
← 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, micro schema
Equity
€390k▼ 16.9%
2024 · €469k
2018: €14k
2019: €59k
2020: €190k
2021: €207k
2022: €322k
2023: €399k
2024: €469k
2018 → 2025
Total assets
€620k▼ 16.2%
2024 · €740k
2018: €157k
2019: €296k
2020: €819k
2021: €779k
2022: €786k
2023: €790k
2024: €740k
2018 → 2025
Net result
€-79k
2024 · €86k
2018: €-546
2019: €45k
2020: €131k
2021: €16k
2022: €76k
2023: €127k
2024: €86k
2018 → 2025
Working capital
€-15k▲ 42.7%
2024 · €-27k
2018: €142k
2019: €-11k
2020: €-323k
2021: €-272k
2022: €-135k
2023: €-73k
2024: €-27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€207k-€322k▲ 55.9%€399k▲ 23.8%€469k▲ 17.5%€390k▼ 16.9%
Operating result€17k-€107k▲ 545%€193k▲ 80.4%€113k▼ 41.2%€-76k
Net result€16k-€76k▲ 359%€127k▲ 67.8%€86k▼ 31.9%€-79k
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 2025: a loss of €76k after €113k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €620k
Fixed assets
€478k ▼ 19.0%
Current assets
€143k ▼ 5.5%
Equity and liabilities €620k
Equity
€390k ▼ 16.9%
Debt
€230k ▼ 15.0%
Debt's share of the balance-sheet total rises from 36.6% to 37.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-8k▼
2024 · €206k
Cash flow
€-12k▼
2024 · €179k
Current ratio
0.90▲
2024 · 0.85
Debt to equity
0.59▲
2024 · 0.58
ROE
-20.3%▼
2024 · 18.4%
ROA
-12.8%▼
2024 · 11.7%
Interest coverage
-2.38▼
2024 · 86.15
Debt ≤ 1 year
€158k▼
2024 · €178k
Debt > 1 year
€72k▼
2024 · €93k
Staff costs
€97k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€740k€620k▼
Fixed assets21/28€589k€478k▼
Intangible fixed assets21€278k€307k▲
Tangible fixed assets22/27€293k€152k▼
Plant, machinery and equipment23€287k€152k▼
Furniture and vehicles24€5k-
Financial fixed assets28€18k€18k▲
Current assets29/58€151k€143k▼
Amounts receivable within one year40/41€131k€111k▼
Trade receivables40€64k€100k▲
Other amounts receivable41€66k€10k▼
Cash at bank and in hand54/58€20k€32k▲
Deferred charges and accrued income490/1-€51
Equity and liabilities
Total equity and liabilities10/49€740k€620k▼
Equity10/15€469k€390k▼
Contributions10/11€55k€55k=
Reserves13€414k€335k▼
Distributable reserves133€414k€335k▼
Amounts payable17/49€271k€230k▼
Amounts payable after more than one year17€93k€72k▼
Other amounts payable178/9€93k€72k▼
Amounts payable within one year42/48€178k€158k▼
Trade debts44€64k€86k▲
Suppliers440/4€64k€86k▲
Taxes, remuneration and social security45€69k€53k▼
Taxes450/3€69k€34k▼
Remuneration and social security454/9-€19k
Other amounts payable47/48€45k€19k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€97k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€93k€68k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-7k€7k▲
Other operating charges640/8€63k€66k▲
Non-recurring operating charges66A-€162k
Gross operating margin9900€262k€324k▲
Operating profit (loss)9901€113k€-76k▼
Financial income75/76B€5k€0▼
Recurring financial income75€5k€0▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Non-recurring financial charges66B€81-
Profit (loss) for the period before taxes9903€116k€-79k▼
Income taxes67/77€30k-
Profit (loss) for the period9904€86k€-79k▼
Profit (loss) for the period to be appropriated9905€86k€-79k▼
Appropriation of the result
Profit (loss) to be appropriated9906€86k€-79k▼
Transfer from equity791/2-€79k
Transfer to equity691/2€70k-
To other reserves6921€70k-
Profit to be distributed694/7€16k-
Return on contributions (dividend)694€16k-
The notes to these accounts (13 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
Appointment: Olivier Fagnani (director)Resignation: Roberto Dongiovanni (director)3 facts ▸
State Gazette act
Appointment: Olivier Fagnani (director)
Resignation: Roberto Dongiovanni (director)3 facts ▸
- General meeting, 30-06-2026
- Director appointment, Olivier Fagnani (director)
- Director resignation, Roberto Dongiovanni (director)
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-79k ▼192%
Net result drops to €-79k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €207k ▲8.6%
3 profitable years in a row build equity to €207k.
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €131k ▲193%
Net result €131k, the highest in the series.
31-12
Financial
Equity above €150kEq €190k ▲222%
2 profitable years in a row build equity to €190k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Olivier Fagnani
CurrentDirector · since 30-06-2026
30-06-2026
Olivier Fagnani: Appointed as Director
30-06-2026
Roberto Dongiovanni: Resigned as Director
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 2017
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.
Chaussée de Fleurus 3476060 CharleroiGround area
1,763 m²
Building footprint
233 m²
Volume, LiDAR
2,558 m³
Parcel 52342B0493/00F000, Wallonia · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LOR INVEST
since 20172.269.453.372
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52342B0493/00F000 | Wallonia | 1,763 m² | 1 · 233 m² | 13.2 m · 4 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
CKO BETTING
BE 0817.340.410
Brugge · Eq €385k
AC. MATIC
BE 0442.462.134
Thimister-Clermont · Eq €383k
Press - Bet - Express
BE 0563.979.873
Charleroi · Eq €376k
TILT
BE 0451.687.923
Oudergem · Eq €375k
P.P.P.
BE 0899.930.564
Schaarbeek · Eq €374k
Of 506 companies in sector 92000 we hold annual accounts for 303. 231 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
Founded20-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
92000Gambling and betting activities
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.