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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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 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
LOAC from Aalst, company number BE0465887832, closed financial year 2024 with a result of € -9,909 after tax. For that financial year LOAC recorded a gross margin of € 12,164 and equity of € -293,714. Compared with financial year 2023, the result moved from € -9,038 to € -9,909. 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 August 31, 2025.
€ -293,714
▼ € 9,909 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,909
▼ 10 % more loss than in 2023
Profit after tax over the fiscal year.
€ 2,895
▲ 130% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -312,306.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 3,399
▲ € 2,975 vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 14,854 | € 15,715 | € 11,161 | € 12,164 | ▲ 9% |
| Profit after taxes | € -6,032 | € -3,850 | € -9,038 | € -9,909 | ▼ € 871 |
| Equity | € -270,917 | € -274,767 | € -283,805 | € -293,714 | ▼ € 9,909 |
| Total debts | € 705,014 | € 692,315 | € 690,357 | € 682,924 | ▼ 1% |
| Cash | € 1,036 | € 863 | € 1,259 | € 2,895 | ▲ 130% |
| Land & buildings | € 433,061 | € 415,404 | € 404,403 | € 386,057 | ▼ 5% |
| Retained profit | € -289,509 | € -293,359 | € -302,397 | € -312,306 | ▼ € 9,909 |
| Balance sheet total | € 434,097 | € 417,548 | € 406,552 | € 389,210 | ▼ 4% |
Key figures of LOAC, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LOAC?
What happened at LOAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 9,909. filed late Source: NBB ↗
- Glenn De Ganck became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,032 loss in 2021 to € 9,909 loss in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Glenn De Ganck
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Brusselbaan 37
9320 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0465.887.832
- VAT number
- BE 0465.887.832
- Registered office
- Brusselbaan 37, 9320 Aalst
- Names & denominations
- LOAC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 April 1999
- Peppol
- Active · Active since 25 Mar 2026
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen