Lotinvest Development
ActiveSummary
Lotinvest Development has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.81M and a net result of €-976k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 82% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-20
Solvency100▲+9
Growth40▼-15
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €490k at 30 days acceptable
Liquidity ample (current ratio 5.51 against 5.63 in 2024; short-term debt: 17% and cash: 0.2% of total assets), and 17.4% of the assets are financed with debt.
Credit check 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 · 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
82.6%
Return on assets
-10.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-976k
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
21 d early
2023
34 d early
2022
23 d late
2021
33 d early
2020
1 d early
2019
66 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, full schema
Turnover
€4.96M▼ 60.5%
2024 · €12.55M
2018: €3.22M
2019: €3.25M
2020: €5.66M
2024: €12.55M
2018 → 2025
EBIT margin
-17.8%▼ 18.5pp
2024 · 0.7%
2018: 0.7%
2019: -4.7%
2020: -4.8%
2024: 0.7%
2018 → 2025
Net result
€-976k▼ 254%
2024 · €-275k
2018: €-22k
2019: €-253k
2020: €-433k
2021: €180k
2022: €1.44M
2023: €-707k
2024: €-275k
2018 → 2025
Working capital
€7.22M▼ 33.6%
2024 · €10.89M
2018: €8.70M
2019: €8.45M
2020: €13.56M
2021: €8.24M
2022: €9.28M
2023: €9.75M
2024: €10.89M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€12.55M€4.96M▼ 60.5%
Equity€8.33M-€9.77M▲ 17.2%€9.06M▼ 7.2%€8.78M▼ 3.0%€7.81M▼ 11.1%
Operating result€267k-€1.48M▲ 452%€-587k€82k€-885k
Net result€180k-€1.44M▲ 697%€-707k€-275k▲ 61.1%€-976k▼ 254%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €885k after €82k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.46M
Fixed assets
€628k
Current assets
€8.83M
Equity and liabilities €9.46M
Equity
€7.81M ▼ 11.1%
Provisions
€44k =
Debt
€1.60M ▼ 63.7%
Debt's share of the balance-sheet total falls from 33.3% to 17.0%. Equity and debt are lower.
Key figures and ratios
Current ratio
5.51▼
2024 · 5.63
Quick ratio
0.09▲
2024 · 0.09
Debt to equity
0.21▼
2024 · 0.50
ROE
-12.5%▼
2024 · -3.1%
ROA
-10.3%▼
2024 · -2.1%
Debt ≤ 1 year
€1.60M▼
2024 · €2.35M
Debt > 1 year
€0▼
2024 · €2.06M
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 · 68 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13.24M€9.46M▼
Fixed assets21/28€0€628k▲
Financial fixed assets28€0€628k▲
Affiliated companies280/1€0€628k▲
Participating interests280€0-
Amounts receivable281-€628k
Current assets29/58€13.24M€8.83M▼
Stocks and contracts in progress3€13.03M€8.68M▼
Stocks30/36€13.03M€8.68M▼
Property held for sale35€13.03M€8.68M▼
Amounts receivable within one year40/41€99k€133k▲
Trade receivables40€99k€133k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€89k€18k▼
Deferred charges and accrued income490/1€17k€0▼
Equity and liabilities
Total equity and liabilities10/49€13.24M€9.46M▼
Equity10/15€8.78M€7.81M▼
Contributions10/11€4.50M€4.50M=
Capital10€4.50M€4.50M=
Issued capital100€4.50M€4.50M=
Reserves13€311k€311k=
Non-distributable reserves130/1€311k€311k=
Legal reserve130€311k€311k=
Profit (loss) carried forward14€3.97M€3.00M▼
Provisions and deferred taxes16€44k€44k=
Provisions for liabilities and charges160/5€44k€44k=
Environmental obligations163€44k€44k=
Amounts payable17/49€4.41M€1.60M▼
Amounts payable after more than one year17€2.06M€0▼
Other amounts payable178/9€2.06M€0▼
Amounts payable within one year42/48€2.35M€1.60M▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€336k€550k▲
Suppliers440/4€336k€550k▲
Advances received on contracts in progress46€1.80M€824k▼
Taxes, remuneration and social security45€29k€43k▲
Taxes450/3€29k€43k▲
Other amounts payable47/48€187k€187k=
Income statement
Code20242025
Operating income70/76A€132k€-556k▼
Turnover70€12.55M€4.96M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-12.60M€-5.61M▲
Other operating income74€0€20k▲
Non-recurring operating income76A€176k€75k▼
Operating charges60/66A€49k€328k▲
Goods for resale, raw materials and consumables60€0€262k▲
Purchases600/8€2.69M€1.51M▼
Change in stocks: decrease (increase)609€-2.69M€-1.25M▲
Services and other goods61€6k€7k▲
Other operating charges640/8€43k€60k▲
Operating profit (loss)9901€82k€-885k▼
Financial income75/76B€186€10k▲
Recurring financial income75€186€10k▲
Income from financial fixed assets750€185€10k▲
Income from current assets751€0-
Other financial income752/9€1€0▼
Financial charges65/66B€358k€101k▼
Recurring financial charges65€220k€101k▼
Debt charges650€186k€68k▼
Other financial charges652/9€34k€33k▼
Non-recurring financial charges66B€138k€0▼
Profit (loss) for the period before taxes9903€-275k€-976k▼
Income taxes67/77€0-
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€-275k€-976k▼
Profit (loss) for the period to be appropriated9905€-275k€-976k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.97M€3.00M▼
Profit (loss) brought forward from the previous period14P€4.25M€3.97M▼
The notes to these accounts (29 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
26-08
State Gazette act
Reappointments: L.A.W. BV (director) and KB Financial Services SRL (director)Permanent representatives: Stephanie De Wilde, Karel Breda and 4 others · Resignation: Adel Yahia Consult SRL (director) · Appointment: Zafferana BV (director)15 facts ▸
State Gazette act
Reappointments: L.A.W. BV (director) and KB Financial Services SRL (director)
Permanent representatives: Stephanie De Wilde, Karel Breda and 4 others · Resignation: Adel Yahia Consult SRL (director) · Appointment: Zafferana BV (director)15 facts ▸
- General meeting, 08-07-2026
- Director reappointment, L.A.W. BV (director)
- Permanent representative, Stephanie De Wilde
- Director reappointment, KB Financial Services SRL (director)
- Permanent representative, Karel Breda
- Mandate compensation, L.A.W. BV
- Mandate compensation, KB Financial Services SRL
- Director resignation, Adel Yahia Consult SRL (director)
- Permanent representative, Adel YAHIA
- Director discharge, Adel Yahia Consult SRL
- Director appointment, Zafferana BV (director)
- Permanent representative, Wim Smekens
- +3 further facts in this act
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-976k
Net result drops to €-976k, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity triplescurrent ratio 5.63
Current ratio from 1.72 to 5.63; short-term debt falls from €13.54M to €2.35M.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
2022
31-12
Financial
Highest result since 2018net €1.44M ▲697%
Operating result €1.48M, net result €1.44M, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €180k
Net result €180k after 3 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity quadruplescurrent ratio 8.36
Current ratio from 2.09 to 8.36; short-term debt falls from €7.75M to €1.84M.
Show earlier events
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 66 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 45 days late
2017
27-06
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
under verification, no change since 2026
This board is reconstructed from a single act (26107905). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
KB Financial Services
CurrentDirector · since 08-07-2026 · Private limited company · perm. rep.: Karel Breda
Lady At Work
CurrentDirector · since 08-07-2026 · Private limited company · perm. rep.: Stephanie De Wilde
ZAFFERANA
CurrentDirector · since 01-07-2026 · Private limited company · perm. rep.: Wim Smekens
08-07-2026
KB Financial Services: Mandate renewed as Director
08-07-2026
Lady At Work: Mandate renewed as Director
08-07-2026
ADEL YAHIA CONSULT: Resigned as Director
01-07-2026
ZAFFERANA: Appointed as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1976
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.
Anspachlaan 11000 BrusselGround area
6,482 m²
Building footprint
4,827 m²
Volume, LiDAR
188,668 m³
Parcel 21812N1468/00B000, Brussels · tallest building 74.9 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Anspachlaan 1, 1000 Brussel
since 19762.013.187.092
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1468/00B000 | Brussels | 6,482 m² | 1 · 4,827 m² | 74.9 m · 8 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.
Structure & network
Connections & network
12 connected companiesLinked via shared directors
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Show 8 more companies with a shared director
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Similar companies · same sector, comparable size
LIBURNI
BE 0480.132.479
Beringen · Eq €7.82M
BEVA - INVEST
BE 0460.608.062
Zele · Eq €7.79M
Groupement immobilier de Mons
BE 0401.103.413
Charleroi · Eq €7.76M
Potrell
BE 0809.248.036
Izegem · Eq €7.70M
Noorderlaan
BE 0545.736.846
Turnhout · Eq €7.69M
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 1,421 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 formPublic limited company
Founded09-12-1976
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.