Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Locatel from Waterloo, company number BE0426905314, closed financial year 2025 with a result of € 6,542 after tax. For that financial year Locatel recorded a gross margin of € 91,573 and equity of € 211,333. Compared with financial year 2024, the result moved from € -94,448 to € 6,542. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 12, 2026.
€ 211,333
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,542
▲ still € 94,448 loss in 2024
Profit after tax over the fiscal year.
€ 2,282
▲ € 2,207 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 161,506.
Debts at end 2025
€ 743,559
▼ 5% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,747 | € -8,690 | € -30,979 | € 91,573 | ▲ € 122,552 |
| Profit after taxes | € -13,238 | € -65,627 | € -94,448 | € 6,542 | ▲ € 100,990 |
| Equity | € 364,866 | € 299,239 | € 204,791 | € 211,333 | ▲ 3% |
| Total debts | € 235,653 | € 732,943 | € 1,330,791 | € 1,278,467 | ▼ 4% |
| Cash | € 5,572 | € 128 | € 75 | € 2,282 | ▲ € 2,207 |
| Land & buildings | € 518,534 | € 1,012,639 | € 1,502,381 | € 1,455,993 | ▼ 3% |
| Retained profit | € 315,039 | € 249,412 | € 154,964 | € 161,506 | ▲ 4% |
| Bank debt | € 231,144 | € 408,734 | € 783,418 | € 743,559 | ▼ 5% |
| Balance sheet total | € 600,518 | € 1,032,182 | € 1,535,581 | € 1,489,800 | ▼ 3% |
Key figures of Locatel, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Locatel?
What happened at Locatel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,542. filed late Source: NBB ↗
- Olivier Baum became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,238 loss in 2022 to € 6,542 profit in 2025.
Paid € 2,576 in corporate taxes since 2022.
Best year ever: 2025, with € 6,542 profit.
Management
Behind Locatel is Olivier Baum.
Directors
According to the 2025 annual accounts
Olivier Baum
Manager
since 2016
Establishments
Establishment units
Physical locations of this company
Drève Richelle 161J box 36
1410 Waterloo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →EURO BLUMAN EQUESTRIAN
€ 4,788 gross margin · 2025
HOTEL BELMONT
LUNABIRD
€ 9,775 gross margin · 2025
FULL CLEANING
€ 1.5 million gross margin · 2025
IRIS INTERNATIONAL - ACTIVIMMO
€ 46,884 gross margin · 2025
+20 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.905.314
- VAT number
- BE 0426.905.314
- Registered office
- Drève Richelle 161J bus 36, 1410 Waterloo
- Names & denominations
- Locatel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 1984
- Peppol
- Not registered