About Local Solution
Local Solution is a private limited company (BV/SRL) based in Turnhout, founded in 2024. Its main activity is classified as "Handelsbemiddeling in de groothandel in hout en bouwmaterialen". For the 2025 financial year, Local Solution reported a loss of €17,147. The loss is larger than in 2024, when it was €14,289. Revenue came to €256,659. It employed an average of 3 full-time equivalents. Equity is negative (-€26,437): liabilities exceed assets. 2 annual accounts are available, covering 2024 to 2025.
- Sectors
- Wholesalers
- Signals
-
Negative equityNegative equity € -26K
Equity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -17KThe company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.70The current ratio is below 1: may be insufficient to cover short-term debt.
Negative cashflowNegative cashflow € -17KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -15KEBITDA is negative: operating activities are loss-making.
Healthy social debtHealthy social debt 13.0%Social debts stay manageable relative to personnel costs.
Financial ratios
|
|
2025
|
2024
|
|---|---|---|
|
Turnover
|
€
257K
|
|
|
€
133K
|
€
122K
|
|
|
€
-15K
|
€
-14K
|
|
|
€
-17K
|
€
-14K
|
|
|
€
-26K
|
€
-9K
|
|
|
-36.96%
|
-18.20%
|
|
|
€
98K
|
€
60K
|
|
|
€
18K
|
€
7K
|
|
|
3
|
3.80
|
Publications 1
All publicationsFrequently asked questions
Answers to the most common questions about Local Solution, based on official government data and the filed annual accounts.
What is the VAT number of Local Solution?
The VAT number of Local Solution is BE1005.253.164.
How many employees work at Local Solution?
In 2025, Local Solution employed 3.00 full-time equivalents (FTE).
When was Local Solution established?
Local Solution was founded in 26-01-2024.
What is the official address of Local Solution?
The official address of Local Solution is Patersstraat 100 Turnhout 2300.
What is the legal form of Local Solution?
The juridical form of Local Solution is Private limited company (BV/SRL).
What is the annual revenue of Local Solution?
The revenue of Local Solution for the 2025 financial year was €256,659.
Is Local Solution a reliable company?
Local Solution is a registered Rechtspersoon with company number 1005.253.164 and can be verified through the official CBE database.
What is the credit limit of Local Solution?
The estimated credit limit of Local Solution is €7,982.
Is Local Solution still active?
Local Solution currently has the status "Normal situation" and is active.