Bankrupt · Opening faillissement (CBE)

LOTRONIC

BE0887125178

Rechtspersoon Public limited company 1 establishment

LOTRONIC is a wholesaler in Tubize. Public Limited, started on 9 February 2007, 1 establishment.

Rue François Englert 17 box 2, 1480 Tubize

Behind the company: LOTRONIC INTERNATIONAL GROUP SA.

Start date

9 February 2007

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Figures corrected NBB

    Corrected annual account filed for 2024.

  • Late annual account NBB

    Fiscal year 2024 was filed 266 days after the legal deadline.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

LOTRONIC from Tubize, company number BE0887125178, closed financial year 2024 with a result of € -3.8 million after tax. For that financial year LOTRONIC recorded revenue of € 15.9 million and equity of € 2.5 million. Compared with financial year 2023, the result moved from € -392,164 to € -3.8 million. The company made a loss. The buffer shrank hard: equity is 60 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.

What it is worth Shrank hard

€ 2.5 million

▼ 60% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -3.8 million

▼ 866 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 1.1 million

▲ 26% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 2.2 million.

People and assets in 2024

Full-time equivalents

13.2

▼ 2.1 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.1 million

▲ 6% vs 2023

€ 80,100 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.

Vehicles and equipment

€ 110,681

▲ 29% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 1 years to go

€ 10 million

▼ 8% vs 2023

€ 3.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 2.9 million

▼ 21% vs 2023

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 58 days on average.

Taxes and wages

€ 116,069

▼ 68% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Revenue € 22,524,442 € 20,717,850 € 21,819,907 € 15,932,192 ▼ 27%
Profit after taxes € -2,989 € 46,671 € -392,164 € -3,789,736 ▼ € 3.4 million
Equity € 6,657,946 € 6,704,616 € 6,312,452 € 2,522,716 ▼ 60%
Total debts € 16,112,053 € 13,989,541 € 15,697,316 € 13,767,395 ▼ 12%
Cash € 3,670,857 € 880,290 € 865,948 € 1,087,014 ▲ 26%
Retained profit € 6,307,946 € 6,354,616 € 5,962,452 € 2,172,716 ▼ 64%
Bank debt € 11,171,704 € 10,138,658 € 10,816,512 € 10,005,039 ▼ 8%
Balance sheet total € 22,987,475 € 21,335,981 € 22,499,768 € 16,290,111 ▼ 28%
Employees (FTE) 13.5 14.6 15.3 13.2 ▼ 2.1

Key figures of LOTRONIC, 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 LOTRONIC?

What happened at LOTRONIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

LOTRONIC is active according to the CBE. Legal situation: Opening faillissement.

  • Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
  • LOTRONIC INTERNATIONAL GROUP SA became a director. NBB
  • Start of the company according to the CBE. KBO
  • New establishment in Tubize. KBO

In short

From € 2,989 loss in 2021 to € 3.8 million loss in 2024.

Paid € 167,472 in corporate taxes since 2021.

Best year ever: 2022, with € 46,671 profit.

Pays suppliers within 58 days on average.

Management

The stake of LAURE & THO CIE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

LOTRONIC

Behind LOTRONIC is LOTRONIC INTERNATIONAL GROUP SA. The shares are held by Lotronic International Group SA (99.9%), Financière Lotronic SRL (0%) and LAURE & THO CIE (8%).

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Directors

According to the 2024 annual accounts

since 2015

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue François Englert 17 box 2

1480 Tubize

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
0887.125.178
VAT number
BE 0887.125.178
Registered office
Rue François Englert 17 bus 2, 1480 Tubize
Names & denominations
LOTRONIC
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
9 February 2007
Peppol
Active · Active since 18 Jun 2025
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Frequently asked questions

What does LOTRONIC do?
LOTRONIC is a wholesaler in Tubize. Public Limited, started on 9 February 2007, 1 establishment.
What is the address of LOTRONIC?
The registered office of LOTRONIC is located at Rue François Englert 17 box 2, 1480 Tubize.
Is LOTRONIC still active?
No. The CBE lists LOTRONIC with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is LOTRONIC registered on Peppol?
Yes, LOTRONIC is registered on the Peppol network with ID 0208:0887125178.
What is the enterprise number of LOTRONIC?
The enterprise number of LOTRONIC is BE0887125178.
When was LOTRONIC founded?
LOTRONIC was founded on 9 February 2007.