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 2 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 9 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
L&O Finance from Turnhout, company number BE0628788840, closed financial year 2024 with a result of € -17,264 after tax. For that financial year L&O Finance recorded a gross margin of € 195,972 and equity of € -37,176. Compared with financial year 2023, the result moved from € -28,167 to € -17,264. 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 28, 2025.
€ -37,176
▼ € 17,264 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,264
▲ 39 % less loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -57,176.
People and assets in 2024
3.4
▼ 0.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 169,563
▼ 7% vs 2023
€ 49,900 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.
€ 18,833
▼ 14% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 545,476
▼ 8% vs 2023
€ 38,782 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 67,937
▲ € 58,613 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 54,477
▲ 1% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 469,701 | - | - | |
| Gross margin | € 175,604 | € 190,007 | € 213,103 | € 195,972 | ▼ 8% |
| Profit after taxes | € -2,227 | € 3,588 | € -28,167 | € -17,264 | ▲ € 10,904 |
| Equity | € 4,667 | € 8,255 | € -19,912 | € -37,176 | ▼ € 17,264 |
| Total debts | € 675,642 | € 625,074 | € 720,500 | € 730,961 | ▲ 1% |
| Cash | € 5,721 | € 155 | - | - | |
| Land & buildings | € 597,670 | € 567,742 | € 572,045 | € 605,365 | ▲ 6% |
| Retained profit | € -15,333 | € -11,745 | € -39,912 | € -57,176 | ▼ € 17,264 |
| Bank debt | € 519,562 | € 492,141 | € 595,556 | € 545,476 | ▼ 8% |
| Balance sheet total | € 680,309 | € 633,329 | € 700,588 | € 693,785 | ▼ 1% |
| Employees (FTE) | 4 | 3.6 | 4 | 3.4 | ▼ 0.6 |
Key figures of L&O Finance, 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 L&O Finance?
What happened at L&O Finance in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 17,264. filed late Source: NBB ↗
- New establishment in Schoten. KBO
- New establishment in Wuustwezel. KBO
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,227 loss in 2021 to € 17,264 loss in 2024.
Paid € 8,097 in corporate taxes since 2021.
Best year ever: 2022, with € 3,588 profit.
On average € 57,600 of value added per employee 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
The stake of MLCR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
L&O FinanceBehind L&O Finance is Anna-Laura Peeters. The shares are held by MLCR.
Establishments
Establishment units
Physical locations of this company
de Merodelei 192
2300 Turnhout
Bredabaan (Centrum) 433 box 2
2990 Wuustwezel
Active since 1 December 2021
Paalstraat 148
2900 Schoten
Active since 12 December 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0628.788.840
- VAT number
- BE 0628.788.840
- Registered office
- de Merodelei 192, 2300 Turnhout
- Names & denominations
- L&O Finance
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 April 2015
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen