HenLuMar Lights
ActiveThe computed 12-month bankruptcy probability of HenLuMar Lights is 3.9% (moderate). The annual accounts of HenLuMar Lights for fiscal year 2025 show a net loss of 87% of the equity at the start of that year. The 2025 annual accounts show equity of €2k and a net result of €-12k. Equity is shrinking by ~52% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 11% of 27676 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
18
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-65
Solvency30▼-15
Growth32=
Track record94
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 0.79 in 2024; short-term debt: 95% and cash: 0.3% of total assets), and 95% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5%
Return on assets
-33.5%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year €-12k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 27676 sector peers (2025).
NBB · sector comparisonPosition among 27676 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
1 d early
2024
6 d late
2023
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▼ 87.1%
2024 · €14k
2023: €16k
2024: €14k
2023 → 2025
Total assets
€35k▼ 48.6%
2024 · €69k
2023: €67k
2024: €69k
2023 → 2025
Net result
€-12k▼ 415%
2024 · €-2k
2023: €20k
2024: €-2k
2023 → 2025
Working capital
€-13k▼ 10.2%
2024 · €-12k
2023: €-3k
2024: €-12k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€16k-€14k▼ 14.5%€2k▼ 87.1%
Operating result€23k-€-2k€-12k▼ 450%
Net result€20k-€-2k€-12k▼ 415%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €2k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35k
Fixed assets
€14k▼ 42.4%
Current assets
€21k▼ 52.2%
Equity and liabilities €35k
Equity
€2k▼ 87.1%
Debt
€34k▼ 39.1%
The debt ratio rises from 80.2% to 95.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-959▼
2024 · €7k
Cash flow
€-1k▼
2024 · €7k
Solvency
5.0%▼
2024 · 19.8%
Current ratio
0.62▼
2024 · 0.79
Quick ratio
0.57▼
2024 · 0.74
Debt / equity
19.13▲
2024 · 4.06
ROE
-674.3%▼
2024 · -16.9%
ROA
-33.5%▼
2024 · -3.3%
Interest coverage
-4.45▼
2024 · 36.48
Debt
€34k▼
2024 · €55k
Debt ≤ 1 year
€34k▼
2024 · €55k
Staff costs
€9▼
2024 · €9k
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€69k€35k▼
Fixed assets21/28€25k€14k▼
Tangible fixed assets22/27€25k€14k▼
Plant, machinery and equipment23€15k€7k▼
Furniture and vehicles24€10k€7k▼
Financial fixed assets28€363€363=
Current assets29/58€44k€21k▼
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€33k€19k▼
Trade receivables40€25k€18k▼
Other amounts receivable41€8k€864▼
Cash at bank and in hand54/58€5k€108▼
Deferred charges and accrued income490/1€4k€345▼
Equity and liabilities
Total equity and liabilities10/49€69k€35k▼
Equity10/15€14k€2k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€13k€755▼
Amounts payable17/49€55k€34k▼
Amounts payable within one year42/48€55k€34k▼
Trade debts44€26k€8k▼
Suppliers440/4€26k€8k▼
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€2k€9k▲
Remuneration and social security454/9€3k€216▼
Other amounts payable47/48€24k€17k▼
Income statement
Code20242025
Remuneration, social security and pensions62€9k€9▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€11k▲
Other operating charges640/8€1k€707▼
Gross operating margin9900€18k€-243▼
Operating profit (loss)9901€-2k€-12k▼
Financial income75/76B€10€1▼
Recurring financial income75€10€1▼
Financial charges65/66B€192€216▲
Recurring financial charges65€192€216▲
Profit (loss) for the period before taxes9903€-2k€-12k▼
Profit (loss) for the period9904€-2k€-12k▼
Profit (loss) for the period to be appropriated9905€-2k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€755▼
Profit (loss) brought forward from the previous period14P€15k€13k▼
The notes to these accounts (5 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
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series.
06-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Saint-Hubert · 1 establishment unit since 2022
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.
Rue Wacomont, Arville 206870 Saint-HubertGround area
293 m²
Building footprint
167 m²
Volume, LiDAR
1,277 m³
Parcel 84003A0068/00G000, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HenLuMar Lights
since 20222.343.883.947
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84003A0068/00G000 | Wallonia | 293 m² | 1 · 167 m² | 10.2 m · 3 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.
Similar companies · same sector, comparable size
KLIMA DEZEURE
BE 0768.313.244
Alveringem · Eq €2k
Esen Group
BE 1031.879.367
Heusden-Zolder · Eq €2k
EMS+
BE 0774.459.579
Sint-Pieters-Woluwe · Eq €2k
OHD
BE 0770.695.484
Gistel · Eq €2k
TECLUMA
BE 0649.635.328
Hulshout · Eq €2k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 1,585 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-2022
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.