Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 148.5 to 128.2.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LOXAM from Vilvoorde, company number BE0441386424, closed financial year 2025 with a result of € -607,236 after tax. For that financial year LOXAM recorded revenue of € 29 million and equity of € -8.4 million. Compared with financial year 2024, the result moved from € -2.7 million to € -607,236. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 27, 2026.
€ -8.4 million
▼ € 607,236 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -607,236
▲ 78 % less loss than in 2024
Profit after tax over the fiscal year.
€ 280,388
▲ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9.9 million.
People and assets in 2025
128.2
▼ 13.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.7 million
▼ 6% vs 2024
€ 67,500 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.
€ 11.3 million
▼ 1% vs 2024
Of which on lease € 11.1 million.
Debts at end 2025
€ 13 million
▲ 8% vs 2024
€ 5.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4.5 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 90 days on average.
€ 2 million
▲ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 33,298,996 | € 35,113,152 | € 33,476,458 | € 28,993,378 | ▼ 13% |
| Profit after taxes | € -1,780,226 | € -1,041,075 | € -2,713,350 | € -607,236 | ▲ € 2.1 million |
| Equity | € -4,010,736 | € -5,051,811 | € -7,765,160 | € -8,372,396 | ▼ € 607,236 |
| Total debts | € 49,699,437 | € 51,809,822 | € 48,908,699 | € 46,318,863 | ▼ 5% |
| Cash | € 486,340 | € 540,770 | € 235,744 | € 280,388 | ▲ 19% |
| Land & buildings | € 429,368 | € 548,115 | € 494,826 | € 505,883 | ▲ 2% |
| Retained profit | € -5,553,582 | € -6,594,657 | € -9,308,006 | € -9,915,242 | ▼ € 607,236 |
| Bank debt | € 8,552,981 | € 12,193,904 | € 12,039,585 | € 13,002,878 | ▲ 8% |
| Balance sheet total | € 45,699,119 | € 46,758,012 | € 41,143,539 | € 38,053,399 | ▼ 8% |
| Employees (FTE) | 138.7 | 148.5 | 141.6 | 128.2 | ▼ 13.4 |
Key figures of LOXAM, 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 LOXAM?
What happened at LOXAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stephane HENON stepped down as director. NBB
- Gerard DEPREZ stepped down as director. NBB
- LOXAM SAS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 607,236. Source: NBB ↗
- Jérôme Broilliard became a director. NBB
- Olivier Brunet stepped down as director. NBB
- Olivier Brunet became a director. NBB
- Stephane HENON became a director. NBB
In short
From € 1.8 million loss in 2022 to € 607,236 loss in 2025.
Paid € 74,348 in corporate taxes since 2022.
Pays suppliers within 90 days on average.
Management
Behind LOXAM is Jérôme Broilliard.
Directors
According to the 2025 annual accounts
Jérôme Broilliard
Persoon belast met dagelijks bestuur
since 2025
Gerard DEPREZ
Chairman of the board
since 2023 · until 2029
Olivier Brunet
Persoon belast met dagelijks bestuur
since 2024 · until 2025
Director · represented by Patrick Bourmaud
since 2023 · until 2029
Stephane HENON
Managing director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Medialaan 30
1800 Vilvoorde
Vilvoordsesteenweg 152
1120 Brussel
Active since 4 September 1990
Sprietestraat 164
8792 Waregem
Active since 16 December 1985
Chaussée de Tournai(R-C) 11
7520 Tournai
Active since 15 March 2000
Herrmann-Debrouxlaan 1
1160 Oudergem
Active since 1 June 1999
Rue de Fontenelle(FAR) 30
6240 Farciennes
Active since 1 January 2003
Rue de l'Informatique 11
4460 Grâce-Hollogne
Active since 15 July 2001
Humaniteitslaan 249
1620 Drogenbos
Active since 1 June 1999
Chaussée de Marche(WD) 829
5100 Namur
Active since 1 April 2005
Rue du Fond Collart 10
1301 Wavre
Active since 9 November 2006
Chaussée du Roi Baudouin 169
7030 Mons
Active since 9 November 2006
Brandekensweg 48 box 50
2627 Schelle
Active since 1 April 2007
Rue de la Vieille Fosse 60
4400 Flémalle
Active since 9 August 2011
Route de Philippeville 19
6010 Charleroi
Active since 1 June 2009
Rue des Verreries 29
7170 Manage
Active since 13 December 2019
Boomsesteenweg 56 box b
2630 Aartselaar
Active since 15 July 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.386.424
- VAT number
- BE 0441.386.424
- Registered office
- Medialaan 30, 1800 Vilvoorde
- Names & denominations
- LOXAM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 August 1990
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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