LOTRACO · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of LOTRACO is 0.6% (low). The 2025 annual accounts show equity of €2.07M and a net result of €77k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 84% of 448 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

2 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 84% of 448 peers (2025). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-06-2025	31-01-2026	31-01-2026	on the day	2026-00028660
30-06-2024	31-01-2025	30-01-2025	1 d early	2025-00022164
30-06-2023	31-01-2024	31-01-2024	on the day	2024-00019368
30-06-2022	31-01-2023	30-01-2023	1 d early	2023-00010093
30-06-2021	31-01-2022	28-12-2021	34 d early	2021-82400231
30-06-2020	31-01-2021	29-12-2020	33 d early	2020-77800136
30-06-2019	31-01-2020	10-01-2020	21 d early	2020-00800530
30-06-2018	31-01-2019	28-12-2018	34 d early	2018-76000245
30-06-2017	31-01-2018	30-11-2017	62 d early	2017-70800341
30-06-2016	31-01-2017	31-12-2016	31 d early	2016-72200401

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 1996, 30 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.6% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Long track record −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€77k+215.4%

Working capital€-432k+28.4%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 31-01-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~3%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 49, Land transport · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	65.1%	30.7%	better than 84% of 448 sector peers
Net result	€77k	€9k	better than 95% of 444 sector peers
Equity	€2.07M	€25k	better than 95% of 448 sector peers
Gross operating margin	€283k	€46k	better than 90% of 443 sector peers
Total assets	€3.18M	€103k	better than 95% of 448 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P84

Stable position over 2020-2025 · n=448-2273

Net result P95

Stable position over 2020-2025 · n=444-2257

Equity P95

Stable position over 2020-2025 · n=448-2279

Gross operating margin P90

Stable position over 2020-2025 · n=443-2245

Describes the position versus peers, not a forecast.

EBITDA

€273k

+36.5% 19-25

Net profit

€77k

+215.4% 19-25

Cash flow

€177k

+41.0% 19-25

Total assets

€3.18M

+2.0% 19-25

Equity

€2.07M

+3.9% 19-25

Working capital

€-432k

+28.4% 19-25

Income taxes

€22k

+228.3% 19-25

Dividends

€10k

-5.0% 19-25

Show 10 other metrics

Debt

€1.09M

-1.3% 19-25

Debt ≤ 1y

€996k

-2.3% 19-25

Debt > 1y

€25k

-84.4% 19-25

Current ratio

0.57

+38.8% 19-25

Quick ratio

0.56

+39.8% 19-25

Solvency

65.1%

+1.8% 19-25

Debt / equity

0.53

-4.9% 19-25

ROE

3.7%

+203.7% 19-25

ROA

2.4%

+209.3% 19-25

Interest coverage

3.65

+24.7% 19-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€273k
Net profit	€77k
Cash flow	€177k
Staff costs	-
Income taxes	€22k
Dividends	-
Total assets	€3.18M
Equity	€2.07M
Debt	€1.09M
of which ≤ 1y	€996k
of which > 1y	-
Working capital	€-432k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	0.57
Quick ratio	0.56
Working capital ratio	-13.6%
Solvency	65.1%
Debt / equity	0.53
Long-term debt ratio	-
Interest coverage	3.65
Gross margin	-
Net margin	-
ROA	2.4%
ROE	3.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €2.62M · 82.3% Current assets €564k · 17.7%

Equity & liabilities

Equity €2.07M · 65.1% Provisions €18k · 0.6% Debt €1.09M · 34.3%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€3.18M
Fixed assets	21/28	€2.62M
Tangible fixed assets	22/27	€2.62M
Current assets	29/58	€564k
Stocks & contracts in progress	3	€4k
Amounts receivable within one year	40/41	€50k
Cash & bank	54/58	€500k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€3.18M
Equity	10/15	€2.07M
Contributions / capital	10/11	€879k
Reserves	13	€407k
Accumulated profits (losses)	14	€786k
Provisions & deferred taxes	16	€18k
Amounts payable	17/49	€1.09M
Amounts payable within one year	42/48	€996k
Trade debts payable within one year	44	€4k
Income statement
Gross operating margin	9900	€283k
Operating result	9901	€172k
Financial charges	65	€75k
Result before taxes	9903	€98k
Income taxes	67/77	€22k
Net result for the period	9904	€77k
Result to be appropriated	9905	€80k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

64 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

LOTRACO

Bedrijvenlaan 18, 9080 LochristiPersonenvervoer over zee- en kustwateren

since 19962.078.531.044

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area2,989 m²

Buildings1

Building footprint507 m²

Volume (LiDAR)3,232 m³

Tallest building7.2 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44077B0008/00A000	Flanders	2,989 m²	1 · 507 m²	7.2 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 5 acts read

We know of 5 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.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured

61 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 64

Profitability 19

Solvency 68

Growth 52

Stability 100

Credit advice

verdict per customer and amount

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We hold annual accounts for 2,212 of the 12,432 companies in this sector. 264 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)45201Onderhoud en reparatie van auto's50200Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van terreinen68204Verhuur en exploitatie van terreinen68204Verhuur van auto's71100Verhuur en lease van personenauto's en lichte bestelwagens (< 3,5 ton)77110Verhuur en lease van personenauto’s en andere lichte motorvoertuigen77110Verhuur en lease van vrachtwagens en overige motorvoertuigen (> 3,5 ton)77120Verhuur en lease van vrachtwagens77120Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)95311

Primary activity highlighted.

Names & trade names

Legal nameNL

LOTRACO

Registered office

Bedrijvenlaan 18

9080 Lochristi, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.