LORIMO
ActiveSummary
LORIMO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €368k and a net result of €6k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
67
/ 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
Profitability69=
Solvency44▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.03 in 2024; short-term debt: 42.6% and cash: 17.3% of total assets), and 81.1% 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○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
18.9%
Return on assets
0.3%
Age of the figures
12 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 →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 d early
2024
37 d early
2023
32 d early
2022
30 d early
2021
31 d early
2020
21 d early
2019
6 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€368k▲ 1.8%
2024 · €362k
2018: €297k
2019: €303k
2020: €318k
2021: €336k
2022: €346k
2023: €353k
2024: €362k
2018 → 2025
Total assets
€1.95M▲ 14.5%
2024 · €1.70M
2018: €2.09M
2019: €2.05M
2020: €2.00M
2021: €1.91M
2022: €1.87M
2023: €1.78M
2024: €1.70M
2018 → 2025
Net result
€6k▼ 27.9%
2024 · €9k
2018: €4k
2019: €6k
2020: €14k
2021: €18k
2022: €10k
2023: €7k
2024: €9k
2018 → 2025
Working capital
€-486k▲ 45.6%
2024 · €-892k
2018: €-962k
2019: €-1.06M
2020: €-1.01M
2021: €-965k
2022: €-974k
2023: €-935k
2024: €-892k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€336k-€346k▲ 3.0%€353k▲ 2.1%€362k▲ 2.5%€368k▲ 1.8%
Operating result€25k-€16k▼ 37.4%€11k▼ 28.4%€12k▲ 4.8%€8k▼ 29.5%
Net result€18k-€10k▼ 44.1%€7k▼ 29.9%€9k▲ 25.3%€6k▼ 27.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.95M
Fixed assets
€1.61M ▼ 4.5%
Current assets
€345k ▲ 1,400%
Equity and liabilities €1.95M
Equity
€368k ▲ 1.8%
Debt
€1.58M ▲ 17.9%
Debt's share of the balance-sheet total rises from 78.8% to 81.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€94k▼
2024 · €99k
Cash flow
€92k▼
2024 · €96k
Current ratio
0.42▲
2024 · 0.03
Debt to equity
4.30▲
2024 · 3.71
ROE
1.7%▼
2024 · 2.5%
ROA
0.3%▼
2024 · 0.5%
Interest coverage
55.14▲
2024 · 36.53
Debt ≤ 1 year
€831k▼
2024 · €916k
Debt > 1 year
€747k▲
2024 · €421k
Income taxes
€178▲
2024 · €173
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.70M€1.95M▲
Fixed assets21/28€1.68M€1.61M▼
Tangible fixed assets22/27€1.68M€1.61M▼
Land and buildings22€1.66M€1.59M▼
Furniture and vehicles24€24k€13k▼
Financial fixed assets28€200€200=
Current assets29/58€23k€345k▲
Cash at bank and in hand54/58€15k€337k▲
Deferred charges and accrued income490/1€8k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.70M€1.95M▲
Equity10/15€362k€368k▲
Contributions10/11€412k€412k=
Profit (loss) carried forward14€-50k€-44k▲
Amounts payable17/49€1.34M€1.58M▲
Amounts payable after more than one year17€421k€747k▲
Financial debts170/4€31k€357k▲
Other amounts payable178/9€390k€390k=
Amounts payable within one year42/48€916k€831k▼
Current portion of amounts payable after more than one year42€52k€29k▼
Trade debts44€2k€21k▲
Suppliers440/4€2k€21k▲
Taxes, remuneration and social security45€173€178▲
Taxes450/3€173€178▲
Other amounts payable47/48€861k€781k▼
Accrued charges and deferred income492/3€6k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€86k▼
Other operating charges640/8€19k€20k▲
Gross operating margin9900€118k€114k▼
Operating profit (loss)9901€12k€8k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€9k€7k▼
Income taxes67/77€173€178▲
Profit (loss) for the period9904€9k€6k▼
Profit (loss) for the period to be appropriated9905€9k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-44k▲
Profit (loss) brought forward from the previous period14P€-59k€-50k▲
The notes to these accounts (12 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
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €18k ▲27.5%
Operating result €25k, net result €18k, both a record.
09-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-04
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.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Roeselare · 1 establishment unit since 1990
Ground area
428 m²
Building footprint
232 m²
Volume, LiDAR
2,594 m³
Parcel 36502B0281/00B000, Flanders · tallest building 20.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LORIMO NV
since 19902.049.153.605
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36502B0281/00B000 | Flanders | 428 m² | 1 · 232 m² | 20.1 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
S. ANDRE DOMBRECHT
BE 0883.817.379
Asse · Eq €368,202
CAMELEON
BE 0435.169.912
Vorst · Eq €367,955
FNRCK Max
BE 0881.017.148
Gent · Eq €368,905
Dumortier.eu
BE 0542.871.188
Braine-l'Alleud · Eq €367,619
V en K BEHEER
BE 0436.329.358
Hasselt · Eq €367,428
Of 6,155 companies in sector 46190 we hold annual accounts for 2,571. 1,667 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
Founded26-05-1990
Fiscal year end30-09
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.