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 15 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 January 2026 and has not been filed.
Financials
Financial year 2024
LO WORKS from Lochristi, company number BE0475599809, closed financial year 2024 with a result of € 2,665 after tax. For that financial year LO WORKS recorded a gross margin of € 9,924 and equity of € 58,090. Compared with financial year 2023, the result moved from € 3,777 to € 2,665. 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 February 12, 2025.
€ 58,090
▲ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,665
▼ 29% vs 2023
Profit after tax over the fiscal year.
€ 62
▲ 7% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 55,590.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 849
▼ 67% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 970
▼ 29% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 14,968 | € 11,354 | € 9,924 | ▼ 13% |
| Profit after taxes | € 4,198 | € 3,777 | € 2,665 | ▼ 29% |
| Equity | € 51,648 | € 55,425 | € 58,090 | ▲ 5% |
| Total debts | € 66,301 | € 43,409 | € 40,636 | ▼ 6% |
| Cash | € 887 | € 58 | € 62 | ▲ 7% |
| Land & buildings | € 100,034 | € 95,903 | € 91,771 | ▼ 4% |
| Retained profit | € 49,148 | € 52,925 | € 55,590 | ▲ 5% |
| Balance sheet total | € 117,949 | € 98,834 | € 98,726 |
Key figures of LO WORKS, fiscal years 2022 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 30 January 2026.
What happened to LO WORKS?
What happened at LO WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 2,665 (▼ 29% vs 2023). filed late Source: NBB ↗
- New establishment in Lochristi. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,198 profit in 2022 to € 2,665 profit in 2024.
Paid € 5,669 in corporate taxes since 2022.
Best year ever: 2022, with € 4,198 profit.
Management
Behind LO WORKS is Linda Van Rijckeghem.
Directors
According to the 2024 annual accounts
Linda Van Rijckeghem
Director
Establishments
Establishment units
Physical locations of this company
Veldstraat 48
9080 Lochristi
Veldstraat 41
9080 Lochristi
Active since 2 October 2001
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
- 0475.599.809
- VAT number
- BE 0475.599.809
- Registered office
- Veldstraat 48, 9080 Lochristi
- Names & denominations
- LO WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- General partnership
- Legal situation
- Normale toestand
- Start date
- 7 September 2001
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Teelt van bloemen
Bloementeelt
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