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 27 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
LOCATEX from Bilzen-Hoeselt, company number BE0437727841, closed financial year 2026 with a result of € 21,168 after tax. For that financial year LOCATEX recorded a gross margin of € 585,404 and equity of € 1.2 million. Compared with financial year 2025, the result moved from € 21,709 to € 21,168. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 1.2 million
▲ 2% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,168
▼ 2% vs 2025
Profit after tax over the fiscal year.
€ 3,244
▼ 67% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 529,818.
People and assets in 2026
8.3
▲ 4.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 286,450
▲ 12% vs 2025
€ 34,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,228
▲ 4% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.4 million
▲ 122% vs 2025
€ 98,276 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 306,399
▼ 20% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 58,516
▼ 9% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 469,371 | € 529,741 | € 513,253 | € 585,404 | ▲ 14% |
| Profit after taxes | € 31,422 | € 61,919 | € 21,709 | € 21,168 | ▼ 2% |
| Equity | € 1,096,023 | € 1,157,941 | € 1,179,651 | € 1,200,818 | ▲ 2% |
| Total debts | € 1,344,568 | € 1,167,223 | € 1,217,942 | € 1,912,531 | ▲ 57% |
| Cash | € 4,173 | € 97,110 | € 9,909 | € 3,244 | ▼ 67% |
| Land & buildings | € 766,859 | € 725,757 | € 685,072 | € 1,459,921 | ▲ 113% |
| Retained profit | € 425,023 | € 486,941 | € 508,651 | € 529,818 | ▲ 4% |
| Bank debt | € 835,602 | € 671,679 | € 639,321 | € 1,417,786 | ▲ 122% |
| Balance sheet total | € 2,440,591 | € 2,325,164 | € 2,397,593 | € 3,113,349 | ▲ 30% |
| Employees (FTE) | 7.2 | 4.2 | 4.2 | 8.3 | ▲ 4.1 |
Key figures of LOCATEX, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to LOCATEX?
What happened at LOCATEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 21,168 (▼ 2% vs 2025). Source: NBB ↗
- Philippe Lowet became a director. NBB
- Leonce Lowet became a director. NBB
- Yvette Carmans became a director. NBB
- New establishment in Bilzen-Hoeselt. KBO
- New establishment in Bilzen-Hoeselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,422 profit in 2023 to € 21,168 profit in 2026.
Paid € 68,759 in corporate taxes since 2023.
Best year ever: 2024, with € 61,919 profit.
On average € 70,500 of value added per employee in 2026.
Management
Behind LOCATEX are Philippe Lowet, Leonce Lowet and Yvette Carmans.
Directors
According to the 2026 annual accounts
Philippe Lowet
Director
since 2020
Leonce Lowet
Director
since 2020
Yvette Carmans
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Genutstraat 4
3740 Bilzen-Hoeselt
Onze Lieve Vrouwstraat 25
3740 Bilzen-Hoeselt
Active since 15 February 2005
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.727.841
- VAT number
- BE 0437.727.841
- Registered office
- Genutstraat 4, 3740 Bilzen-Hoeselt
- Names & denominations
- LOCATEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 1989
- Peppol
- Active · Active since 20 Jun 2025
- Activities · NACE
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