Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LOC-FIVE from Zulte, company number BE0893027728, closed financial year 2025 with a result of € 578,738 after tax. For that financial year LOC-FIVE recorded revenue of € 3.9 million and equity of € 17.3 million. Compared with financial year 2024, the result moved from € 4.5 million to € 578,738. 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 July 22, 2026.
€ 17.3 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 578,738
▼ 87% vs 2024
Profit after tax over the fiscal year.
€ 183,579
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 151,936 paid out
26 % of the profit went to the shareholders, mostly to Locquet Holding (100 % of the shares). That is where the money ends up.
People and assets in 2025
5.8
▲ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 478,268
▲ 55% vs 2024
€ 82,500 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.
€ 1.4 million
▲ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10.9 million
€ 500,000 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 245,202
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 95 days on average.
€ 155,069
▲ 116% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 250,810 | € 1,529,924 | € 3,911,779 | ▲ 156% |
| Gross margin | € 401,080 | - | - | - | |
| Profit after taxes | € 486,602 | € 103,053 | € 4,470,481 | € 578,738 | ▼ 87% |
| Equity | € 12,396,750 | € 12,397,416 | € 16,864,854 | € 17,287,689 | ▲ 3% |
| Total debts | € 1,164,525 | € 1,209,379 | € 1,014,274 | € 16,695,782 | ▲ € 15.7 million |
| Cash | € 1,879,196 | € 1,581,195 | € 623,985 | € 183,579 | ▼ 71% |
| Retained profit | € 6,526,750 | € 6,527,416 | € 10,994,854 | € 11,417,689 | ▲ 4% |
| Dividend | € 125,000 | € 100,000 | € 0 | € 151,936 | |
| Bank debt | € 0 | € 0 | € 0 | € 10,864,000 | |
| Balance sheet total | € 13,561,275 | € 13,606,795 | € 17,879,128 | € 33,983,471 | ▲ 90% |
| Employees (FTE) | 4.4 | 2.4 | 3.1 | 5.8 | ▲ 2.7 |
Key figures of LOC-FIVE, 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 LOC-FIVE?
What happened at LOC-FIVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 578,738 (▼ 87% vs 2024). Source: NBB ↗
- Powerpro BV stepped down as director. NBB
- SECURITY POWER TECHNOLOGIES BV stepped down as director. NBB
- New establishment in Kruisem. KBO
- New establishment in Zulte. KBO
- Start of the company according to the CBE. KBO
In short
From € 486,602 profit in 2022 to € 578,738 profit in 2025.
Paid € 289,139 in corporate taxes since 2022.
Best year ever: 2024, with € 4.5 million profit.
On average € 91,200 of value added per employee in 2022.
A new publication or filing at LOC-FIVE? We notify you, reason included.
Follow LOC-FIVEDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 Locquet Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LOC-FIVEBehind LOC-FIVE is Locquet Holding BV. The shares are held by Locquet Holding (100%). It owns 100% of Warlop Invest, 100% of Locquet Power & Light and 100% of The Green Powerfleet itself.
Directors
According to the 2025 annual accounts
Director · represented by Vincent Locquet
Also active at: Intermetal-Motor, LOCQUET POWER & LIGHT, THE GREEN POWERFLEET, WARLOP INVEST
Director · represented by Vincent Locquet
Also active at: LOCQUET POWER & LIGHT, Locquet Technical Supplies, THE GREEN POWERFLEET, Locquet Holding
· until 2025
SECURITY POWER TECHNOLOGIES BV
Director · represented by Willy Locquet
Also active at: LOCQUET POWER & LIGHT, Locquet Technical Supplies, Locquet Holding
· until 2025
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Zonnelaan 83
9870 Zulte
Karreweg(KRU) 139 box A000
9770 Kruisem
Active since 1 October 2014
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
- 0893.027.728
- VAT number
- BE 0893.027.728
- Registered office
- Zonnelaan 83, 9870 Zulte
- Names & denominations
- LOC-FIVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 2007
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Reparatie en onderhoud van machines
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Activiteiten van holdings
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
Verhuur van overige machines en werktuigen, n.e.g.
Managementactiviteiten van holdings
Holdings