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 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2023; threshold 65 %.
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Busy address KBO
73 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
LOCO PROJECTS from Herk-de-Stad, company number BE0476946822, closed financial year 2023 with a result of € -5,511 after tax. For that financial year LOCO PROJECTS recorded a gross margin of € -1,274 and equity of € -3,826. Compared with financial year 2022, the result moved from € -8,039 to € -5,511. 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 March 11, 2024.
€ -3,826
▼ € 5,511 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,511
▲ 31 % less loss than in 2022
Profit after tax over the fiscal year.
€ 3
▼ € 1,954 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -23,826.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 315
▲ 134% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -9,277 | € -6,496 | € -1,274 | ▲ € 5,223 |
| Profit after taxes | € -10,749 | € -8,039 | € -5,511 | ▲ € 2,528 |
| Equity | € 9,724 | € 1,685 | € -3,826 | ▼ € 5,511 |
| Total debts | € 3,635 | € 7,175 | € 3,830 | ▼ 47% |
| Cash | € 11,468 | € 1,957 | € 3 | ▼ € 1,954 |
| Retained profit | € -10,276 | € -18,315 | € -23,826 | ▼ € 5,511 |
| Balance sheet total | € 13,359 | € 8,859 | € 3 | ▼ € 8,856 |
Key figures of LOCO PROJECTS, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to LOCO PROJECTS?
What happened at LOCO PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
LOCO PROJECTS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 5,511. Source: NBB ↗
- New establishment in Herk-de-Stad. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,749 loss in 2021 to € 5,511 loss in 2023.
Paid € 175 in corporate taxes since 2021.
Management
Behind LOCO PROJECTS is Tim Mans. Tim Mans is also behind BL PROJECTS, IMMO CELINE and Sweet City.
Directors
According to the 2023 annual accounts
Establishments
Establishment units
Physical locations of this company
Steenweg 3 box 402
3540 Herk-de-Stad
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 73 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
- 0476.946.822
- VAT number
- BE 0476.946.822
- Registered office
- Steenweg 3 bus 402, 3540 Herk-de-Stad
- Names & denominations
- LOCO PROJECTS · BNN+
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 19 February 2002
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Vervaardiging van parfums en toiletartikelen
Vervaardiging van parfums en cosmetische artikelen