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 2024 and 2025.
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Busy address KBO
102 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LO45 from Roeselare, company number BE0467025009, closed financial year 2025 with a result of € -114,749 after tax. For that financial year LO45 recorded a gross margin of € 97,982 and equity of € -1.2 million. Compared with financial year 2024, the result moved from € -199,520 to € -114,749. 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 27, 2026.
€ -1.2 million
▼ € 114,749 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -114,749
▲ 42 % less loss than in 2024
Profit after tax over the fiscal year.
€ 105,940
▲ 253% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.7 million.
Debts at end 2025
€ 2.7 million
▲ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 17,066
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,762
▲ 103% 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 | € 152,820 | - | - | - | |
| Gross margin | - | € -1,332 | € 89,106 | € 97,982 | ▲ 10% |
| Profit after taxes | € -152,955 | € -202,891 | € -199,520 | € -114,749 | ▲ € 84,772 |
| Equity | € -721,139 | € -924,030 | € -1,123,550 | € -1,238,299 | ▼ € 114,749 |
| Total debts | € 2,540,847 | € 2,611,725 | € 2,742,675 | € 2,818,510 | ▲ 3% |
| Cash | € 32,673 | € 20 | € 30,006 | € 105,940 | ▲ 253% |
| Land & buildings | € 1,766,179 | € 1,642,502 | € 1,524,967 | € 1,414,599 | ▼ 7% |
| Retained profit | € -1,171,139 | € -1,374,030 | € -1,573,550 | € -1,688,299 | ▼ € 114,749 |
| Bank debt | € 2,510,000 | € 2,510,000 | € 2,678,399 | € 2,730,434 | ▲ 2% |
| Balance sheet total | € 1,819,708 | € 1,687,696 | € 1,619,124 | € 1,580,211 | ▼ 2% |
Key figures of LO45, 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 LO45?
What happened at LO45 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joris Claeys stepped down as director. NBB
- Leo Claeys stepped down as director. NBB
- Edward Claeys stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 114,749. filed late Source: NBB ↗
- Joris Claeys became a director. NBB
- Leo Claeys became a director. NBB
- Edward Claeys became a director. NBB
- New establishment in Lochristi. KBO
In short
From € 152,955 loss in 2022 to € 114,749 loss in 2025.
Management
The stake of Cennini Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LO45The shares are held by Cennini Holding (99.9%).
Directors
According to the 2025 annual accounts
Joris Claeys
Managing director
Also active at: Xpo Group, Verana, Accent Software & Services, Cennini Holding, FAST FORWARD, BERNIKKEWALLE, MUNDIUM, Accent Business Park +16 more
since 2025 · until 2031
Leo Claeys
Chairman of the board
Also active at: HOLIM, Accent Software & Services, Cennini Holding, FAST FORWARD, GOLFCLUB DE PALINGBEEK, BERNIKKEWALLE, Accent Business Park, Accent Business Bouwmaatschappij +4 more
since 2025 · until 2031
since 2025 · until 2031
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kwadestraat 155 box 7.2
8800 Roeselare
Lichtelarestraat 45
9080 Lochristi
Active since 20 March 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 102 companies are registered at this address.
All companies at this address →ALMIVER OOSTENDE
€ 407,262 gross margin · 2025
GEKO WOONWERELD
€ 47,469 gross margin · 2025
Verana same network
€ 22,846 gross margin · 2025
Accent Software & Services same network
€ 643,367 gross margin · 2025
Cennini Holding same network
€ 1.5 million revenue · 2025
+97 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
- 0467.025.009
- VAT number
- BE 0467.025.009
- Registered office
- Kwadestraat 155 bus 7.2, 8800 Roeselare
- Names & denominations
- LO45
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 1999
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Handel in eigen onroerend goed
Handel in onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur van woningen, exclusief sociale woningen