Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 1.9 to 0.
Financials
Financial year 2025
Locquet Technical Supplies from Kruisem, company number BE0437720121, closed financial year 2025 with a result of € -83,246 after tax. For that financial year Locquet Technical Supplies recorded a gross margin of € 490,091 and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 187,983 to € -83,246. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ 3.8 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -83,246
▼ still € 187,983 profit in 2024
Profit after tax over the fiscal year.
€ 168,360
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.7 million.
People and assets in 2025
0
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 129
▼ € 45,095 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,757
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▼ 7% vs 2024
€ 115,829 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 44,114
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,832
▼ 79% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 1,640,540 | - | |
| Gross margin | € 2,702,690 | € 2,630,068 | - | € 490,091 | |
| Profit after taxes | € 623,194 | € 298,647 | € 187,983 | € -83,246 | ▼ € 271,228 |
| Equity | € 4,648,560 | € 4,945,849 | € 3,895,197 | € 3,811,951 | ▼ 2% |
| Total debts | € 4,434,795 | € 5,187,155 | € 4,459,568 | € 3,904,868 | ▼ 12% |
| Cash | € 580,312 | € 312,624 | € 237,780 | € 168,360 | ▼ 29% |
| Land & buildings | € 5,669,849 | € 6,595,984 | € 7,319,392 | € 7,402,633 | ▲ 1% |
| Retained profit | € 4,471,746 | € 4,769,034 | € 3,760,937 | € 3,677,691 | ▼ 2% |
| Bank debt | € 555,520 | € 748,683 | € 1,633,328 | € 1,517,738 | ▼ 7% |
| Balance sheet total | € 9,083,356 | € 10,133,004 | € 8,354,765 | € 7,716,819 | ▼ 8% |
| Employees (FTE) | 8 | 1.9 | 1.8 | 0 | ▼ 1.8 |
Key figures of Locquet Technical Supplies, 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 Locquet Technical Supplies?
What happened at Locquet Technical Supplies in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 83,246 (▼ € 271,228 vs 2024). Source: NBB ↗
- PowerPro BV became a director. NBB
- Security Power Technologies BV became a director. NBB
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
In short
From € 623,194 profit in 2022 to € 83,246 loss in 2025.
Paid € 362,857 in corporate taxes since 2022.
Best year ever: 2022, with € 623,194 profit.
On average € 1.4 million of value added per employee in 2023.
Management
The stake of LOC-FIVE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Locquet Technical SuppliesBehind Locquet Technical Supplies are PowerPro BV and Security Power Technologies BV. The shares are held by Vincent Locquet and LOC-FIVE (100%).
Directors
According to the 2025 annual accounts
Director · represented by Vincent Locquet
Also active at: LOCQUET POWER & LIGHT, THE GREEN POWERFLEET, LOC-FIVE, Locquet Holding
since 2023
Security Power Technologies BV
Director · represented by Willy Emiel Locquet
Also active at: LOCQUET POWER & LIGHT, LOC-FIVE, Locquet Holding
since 2023
Shareholders
Vincent Locquet
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Karreweg(KRU) 139 box A000
9770 Kruisem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.720.121
- VAT number
- BE 0437.720.121
- Registered office
- Karreweg(KRU) 139 bus A000, 9770 Kruisem
- Names & denominations
- Locquet Technical Supplies · LTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 1989
- Peppol
- Active · Active since 12 May 2025
- Activities · NACE
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