Equity
€432,101 from €1.0m in 2020
Equity fell by 58% in 5 years.
DOXIS LIGHTING FACTORY
Lifetime
19 annual accounts with figures on one time axis, 23 filings since 2002peak €1.1m (2019)
€951,196▲ 7.7%
lowest -€250,527 (2022)
€64,146▼ 27.6%
peak €1.0m (2020)
€432,101▲ 17.4%
€1.3m▼ 10.9%
peak 15.3 FTE (2020)
13.7 FTE▲ 80.3%
Board3 names since 2021
1 directorFrank Wouters
Owners2 names in the annual accounts
100%Delite
Documentsfilings and deeds
07-05-202685 days before the deadline
2025abbreviated format
Result from €88,619 to €64,146Staff from 7.6 FTE to 13.7 FTEEquity from €367,955 to €432,101Cash from €54,455 to €110,049
Key points
from the 2025 annual accountsTurnover
≈ €4.6m estimated
The abbreviated format states no turnover.
Debts
€1.3m 75% of the balance sheet
Financial debts 34%Suppliers 10%Taxes and wages 5%Other 52%
Of this, €755,749 falls due within a year.
Staff
13.7 FTE ▲ 80.3%
More staff in 2025 from 7.6 FTE to 13.7 FTE.
Filings
23 annual accounts since 2002
The 2022 accounts came 22 days late. The other nine of the last ten were filed on time.
Position in the sector
€951,196
Higher gross margin than 86% of companies in wholesale trade. Sector median €189,260 · 9,863 companies.
Checked score
86
Excellent
Financially stronger than 46% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 1.0%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.4%▼ -0.6 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.5%▲ +0.1 percentage points vs 04-2026
06-2026: 0.3%▼ -0.2 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Size: 13.7 FTE, total assets €1.8m
lowers risk
Founded in 2001
Legal form: public limited company
Figures for financial year 2025 (filed on 16-05-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 28% of them on solvency, 40% on liquidity, 36% on profitability and 79% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,685 companies had the same profile as DOXIS LIGHTING FACTORY has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
That fits the bankruptcy probability of DOXIS LIGHTING FACTORY itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,685 companies, not a prediction for DOXIS LIGHTING FACTORY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.15 (1.88 in 2024), above the usual 1.5. Short-term debt is 42.9% and cash 6.3% of total assets. However, 75.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €432,101
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-05-2026, 85 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
85 days early
2024
24 days early
2023
26 days early
2022
22 days late
2021
30 days early
2020
141 days early
2019
171 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 65 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (4 of the last 5 accounts filed within 47 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0475597829
1 director appointed, 2 resignations
Resignations: Luc Indekeu (managing director) and Danielle Goyens · Appointment: Frank Wouters · Director discharge: Luc Indekeu · General meeting of 19-05-2021 · Gazette deed
Amendment of the articles
General meeting of 18-05-2021 · Gazette deed
First establishment
Horizonlaan 30, Genk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DOXIS LIGHTING FACTORY Genk | €1.8m | €1.0m | 24.5% | 13.7 |
| EDEN DESIGN Genk | €1.9m | €1.5m | 51.7% | 11.3 |
| VEKO LIGHTSYSTEMS Lier | €3.1m | €1.2m | 64.4% | 9.8 |
| LINERGY BENELUX S.A. Asse | €2.7m | €1.8m | 71.0% | 17.2 |
| SLV BELGIUM Wommelgem | €2.1m | €2.7m | 4.1% | 12.6 |
| VARDA Antwerp | €3.2m | €1.8m | 23.7% | 10.1 |
| Fosfari Boortmeerbeek | €2.5m | €1.1m | 65.1% | 8.7 |
These companies have the same main activity as DOXIS LIGHTING FACTORY: wholesale trade (NACE 46474). They are comparable in size and age: total assets between €1.9m and €3.2m, founded between 1998 and 2008.
Official details
Source: KBO- Status
- Active since 06-09-2001Normal situation
- Activity
- Wholesale tradeNACE 46474and 2 others
- Joint committees
- 209White-collar workers in metal manufacturing
- 111Metal, mechanical and electrical engineering · annual accounts 2025
- Establishment unit
- 2.095.295.1193600 Genk, since 27-03-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 08-05-2025
Annual accounts 2025
- €1.8m▼ 5.3%
- Employeeson 31-12-2025
- 15▲ 7.1%
- Filing
- Filed on 07-05-2026, 85 days before the end of the filing period
Insights on DOXIS LIGHTING FACTORY
DOXIS LIGHTING FACTORY files the abbreviated format. That format states no turnover. The gross margin rose from €394,631 in 2006 to €951,196 in 2025.
Delite holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DOXIS LIGHTING FACTORY
- What is the company number of DOXIS LIGHTING FACTORY?
- The company number of DOXIS LIGHTING FACTORY is 0475.597.829. The VAT number is the same number with BE in front: BE 0475.597.829.
- Where is DOXIS LIGHTING FACTORY based?
- The registered office is at Horizonlaan 30, 3600 Genk.Company details
- What does DOXIS LIGHTING FACTORY do?
- According to the KBO register, the main activity is wholesale trade (NACE 46474).
- What is the legal form of DOXIS LIGHTING FACTORY?
- DOXIS LIGHTING FACTORY is a public limited company (NV).
- When was DOXIS LIGHTING FACTORY founded?
- DOXIS LIGHTING FACTORY was founded on 06-09-2001.
- Is DOXIS LIGHTING FACTORY still active?
- Yes, DOXIS LIGHTING FACTORY is an active enterprise in the KBO register.
- How many employees does DOXIS LIGHTING FACTORY have?
- DOXIS LIGHTING FACTORY had an average of 13.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DOXIS LIGHTING FACTORY fall under?
- In its 2025 annual accounts, DOXIS LIGHTING FACTORY states joint committees 209 (White-collar workers in metal manufacturing) and 111 (Metal, mechanical and electrical engineering).
- What is the turnover of DOXIS LIGHTING FACTORY?
- The turnover in financial year 2025 is ≈ €4.6m. This figure is estimated from the gross margin of €951,196 and 36 comparable companies (NACE 464). It probably lies between €3.4m and €6.7m.
- Is DOXIS LIGHTING FACTORY profitable?
- In financial year 2025, DOXIS LIGHTING FACTORY made a profit of €64,146.
- Where can I find the annual accounts of DOXIS LIGHTING FACTORY?
- DOXIS LIGHTING FACTORY filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DOXIS LIGHTING FACTORY due?
- DOXIS LIGHTING FACTORY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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