DE LUSTER
ActiveDE LUSTER has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €342k and a net result of €15k. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 3620 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
79
/ 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▼-78
Solvency86▲+16
Growth78=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.22 against 1.69 in 2024), but 57.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.2%
Return on assets
1.9%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
28 d early
2022
on the day
2021
2 d early
2020
31 d early
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€342k▲ 4.7%
2024 · €327k
2019: €68k
2020: €94k
2021: €160k
2022: €204k
2023: €250k
2024: €327k
2019 → 2025
Total assets
€811k▼ 13.6%
2024 · €939k
2019: €465k
2020: €434k
2021: €434k
2022: €760k
2023: €768k
2024: €939k
2019 → 2025
Net result
€15k▼ 80.1%
2024 · €77k
2019: €6k
2020: €26k
2021: €65k
2022: €45k
2023: €46k
2024: €77k
2019 → 2025
Working capital
€157k▲ 6.9%
2024 · €147k
2019: €-73k
2020: €-80k
2021: €-84k
2022: €-115k
2023: €-41k
2024: €147k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€160k-€204k▲ 28.1%€250k▲ 22.3%€327k▲ 30.7%€342k▲ 4.7%
Operating result€84k-€62k▼ 26.8%€72k▲ 16.5%€120k▲ 66.9%€35k▼ 71.1%
Net result€65k-€45k▼ 31.4%€46k▲ 1.6%€77k▲ 68.7%€15k▼ 80.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 71% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €811k
Fixed assets
€525k▼ 9.1%
Current assets
€286k▼ 20.8%
Equity and liabilities €811k
Equity
€342k▲ 4.7%
Debt
€469k▼ 23.4%
The debt ratio falls from 65.2% to 57.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€118k▼
2024 · €200k
Cash flow
€99k▼
2024 · €157k
Solvency
42.2%▲
2024 · 34.8%
Current ratio
2.22▲
2024 · 1.69
Quick ratio
2.15▲
2024 · 1.15
Debt / equity
1.37▼
2024 · 1.87
ROE
4.5%▼
2024 · 23.5%
ROA
1.9%▼
2024 · 8.2%
Interest coverage
6.70▼
2024 · 12.58
Debt
€469k▼
2024 · €612k
Debt ≤ 1 year
€129k▼
2024 · €214k
Debt > 1 year
€336k▼
2024 · €397k
Income taxes
€7k▼
2024 · €32k
Staff costs
€102k▼
2024 · €142k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€939k€811k▼
Fixed assets21/28€578k€525k▼
Intangible fixed assets21€399€0▼
Tangible fixed assets22/27€577k€525k▼
Land and buildings22€532k€487k▼
Plant, machinery and equipment23€25k€21k▼
Furniture and vehicles24€20k€17k▼
Current assets29/58€361k€286k▼
Amounts receivable after more than one year29€150k€150k=
Other amounts receivable291€150k€150k=
Stocks and contracts in progress3€114k€9k▼
Stocks30/36€114k€9k▼
Amounts receivable within one year40/41€49k€55k▲
Trade receivables40€34k€545▼
Other amounts receivable41€16k€54k▲
Cash at bank and in hand54/58€22k€41k▲
Deferred charges and accrued income490/1€25k€31k▲
Equity and liabilities
Total equity and liabilities10/49€939k€811k▼
Equity10/15€327k€342k▲
Contributions10/11€19k€19k=
Reserves13€308k€323k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€308k€323k▲
Amounts payable17/49€612k€469k▼
Amounts payable after more than one year17€397k€336k▼
Financial debts170/4€397k€336k▼
Amounts payable within one year42/48€214k€129k▼
Current portion of amounts payable after more than one year42€35k€61k▲
Financial debts43€12k€7k▼
Credit institutions430/8€276€7k▲
Other loans439€12k€0▼
Trade debts44€117k€15k▼
Suppliers440/4€87k€15k▼
Bills of exchange payable441€30k€0▼
Taxes, remuneration and social security45€49k€46k▼
Taxes450/3€30k€25k▼
Remuneration and social security454/9€20k€21k▲
Accrued charges and deferred income492/3€583€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€142k€102k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€83k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€344k€223k▼
Operating profit (loss)9901€120k€35k▼
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€16k€18k▲
Recurring financial charges65€16k€18k▲
Profit (loss) for the period before taxes9903€109k€22k▼
Income taxes67/77€32k€7k▼
Profit (loss) for the period9904€77k€15k▼
Profit (loss) for the period to be appropriated9905€77k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€15k▼
Transfer to equity691/2€77k€15k▼
To other reserves6921€77k€15k▼
Social balance
Average headcount (FTE)90872.23.4▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2019net €77k ▲68.7%
Operating result €120k, net result €77k, both a record.
31-03
Financial
Liquidity doublescurrent ratio 1.69
Current ratio from 0.80 to 1.69.
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €200kEq €204k ▲28.1%
4 profitable years in a row build equity to €204k.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Equity above €150kEq €160k ▲69.3%
3 profitable years in a row build equity to €160k.
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
19-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
12-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
16-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brakel · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Reepstraat 429660 BrakelGround area
1,481 m²
Building footprint
245 m²
Volume, LiDAR
1,240 m³
Parcel 45012B1519/00G000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
The Phlox
since 20122.208.352.082
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45012B1519/00G000 | Flanders | 1,481 m² | 1 · 245 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrakel2.208.352.082
Similar companies · same sector, comparable size
DE DEGUSTATIE
BE 0894.812.132
Malle · Eq €342k
Hôtel - Restaurant LES TILLEULS
BE 0433.856.947
Libin · Eq €342k
Basile De Wulf
BE 0750.530.669
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’T VOSKEN, HOTEL – CAFE - RESTAURANT
BE 0415.646.483
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BIBOIS
BE 0462.179.858
Oud-Heverlee · Eq €342k
Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 7,251 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-04-2012
Fiscal year end31-03
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0475/939621