ILUMIA Concept
ActiveThe computed 12-month bankruptcy probability of ILUMIA Concept is 1.8% (moderate). The 2024 annual accounts show equity of €56k and a net result of €32k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 20% of 3571 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
76
/ 100
Excellent▲ +31 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency30▲+6
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.22 in 2023), and 81.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
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
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 2024Solvency, return and age of the figures
Solvency
18.7%
Return on assets
10.7%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 3571 sector peers (2024).
NBB · sector comparisonPosition among 3571 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-04-2025, 115 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
115 d early
2023
67 d late
2022
175 d late
2021
197 d late
2020
110 d late
2019
269 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€32k
2023 · €-1k
2018: €7k
2019: €-2k
2020: €4k
2021: €-8k
2022: €14k
2023: €-1k
2018 → 2024
Working capital
€61k▲ 89.2%
2023 · €32k
2018: €40k
2019: €786
2020: €-4k
2021: €5k
2022: €8k
2023: €32k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€19k-€11k▼ 41.0%€25k▲ 123%€24k▼ 4.9%€56k▲ 133%
Operating result€3k-€-7k€16k€166▼ 98.9%€45k▲ 27,071%
Net result€4k-€-8k€14k€-1k€32k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 27,071% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €300k
Fixed assets
€45k▲ 64.5%
Current assets
€255k▲ 42.4%
Equity and liabilities €300k
Equity
€56k▲ 133%
Provisions
€10k
Debt
€234k▲ 28.1%
The debt ratio falls from 88.3% to 77.9%: equity grows faster than debt.
Key figures and ratios
EBITDA
€63k▲
2023 · €14k
Cash flow
€50k▲
2023 · €13k
Solvency
18.7%▲
2023 · 11.7%
Current ratio
1.31▲
2023 · 1.22
Quick ratio
1.31▲
2023 · 1.22
Debt / equity
4.17▼
2023 · 7.57
ROE
57.0%▲
2023 · -5.2%
ROA
10.7%▲
2023 · -0.6%
Interest coverage
37.72▲
2023 · 10.06
Debt
€234k▲
2023 · €182k
Debt ≤ 1 year
€195k▲
2023 · €147k
Debt > 1 year
€38k▲
2023 · €34k
Income taxes
€11k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€207k€300k▲
Fixed assets21/28€27k€45k▲
Tangible fixed assets22/27€27k€45k▲
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€24k€42k▲
Current assets29/58€179k€255k▲
Stocks and contracts in progress3€170€170▲
Stocks30/36€170€170▲
Amounts receivable within one year40/41€44k€116k▲
Trade receivables40€33k€104k▲
Other amounts receivable41€11k€12k▲
Cash at bank and in hand54/58€135k€138k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€207k€300k▲
Equity10/15€24k€56k▲
Contributions10/11€19k€19k=
Reserves13€315€315=
Non-distributable reserves130/1€315€315=
Other1319€315€315=
Profit (loss) carried forward14€5k€37k▲
Provisions and deferred taxes16-€10k
Provisions for liabilities and charges160/5-€10k
Major repairs and maintenance162-€10k
Amounts payable17/49€182k€234k▲
Amounts payable after more than one year17€34k€38k▲
Financial debts170/4€10k€14k▲
Other amounts payable178/9€24k€24k▼
Amounts payable within one year42/48€147k€195k▲
Current portion of amounts payable after more than one year42€11k€14k▲
Trade debts44€121k€128k▲
Suppliers440/4€121k€128k▲
Advances received on contracts in progress46€16k€17k▲
Taxes, remuneration and social security45-€35k
Taxes450/3-€11k
Remuneration and social security454/9-€24k
Accrued charges and deferred income492/3€767€781▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€18k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€10k
Other operating charges640/8€1k€3k▲
Gross operating margin9900€15k€77k▲
Operating profit (loss)9901€166€45k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-1k€43k▲
Income taxes67/77-€11k
Profit (loss) for the period9904€-1k€32k▲
Profit (loss) for the period to be appropriated9905€-1k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€37k▲
Profit (loss) brought forward from the previous period14P€6k€5k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 67 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 175 days late
2023
13-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 197 days late
2022
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
2021
31-12
Financial
Weakest financial yearnet €-8k ▼285%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 110 days late
26-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 269 days late
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 211 days late
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 86 days late
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 53 days late
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Elsene · 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.
George Bergmannlaan 521050 ElseneGround area
364 m²
Building footprint
245 m²
Volume, LiDAR
3,690 m³
Parcel 21446D0030/00B013, Brussels · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ILUMIA Concept
since 20122.206.445.538
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0030/00B013 | Brussels | 364 m² | 1 · 245 m² | 18.0 m · 5 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.
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Of 15,430 companies in sector 43990 we hold annual accounts for 7,352. 6,099 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-01-2012
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.