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LIGHT UNIT

Active Private limited companyfounded 1994active for 32 yearsNaamsesteenweg 158, 3001 LeuvenKBO/BCE: BE 0453.774.017 subsidiary of Lovalumen

Lifetime

17 annual accounts with figures on one time axis, 29 filings since 1995
peak €581,747 (2023)
€269,941▼ 29.2%
lowest -€116,957 (2018)
€32,561▲ €77,799
peak €929,110 (2017)
€786,455▲ 4.3%
€1.1m▼ 2.8%
peak 7.9 FTE (2023)
3.8 FTE▼ 39.7%
Board1 name since 2012
1 directorLovalumen BVBA
Owners
  
Documentsfilings and deeds
29-11-202529 days late
2025abbreviated format
Gross margin from €381,472 to €269,941Back to profit: €32,561Staff from 6.3 FTE to 3.8 FTE

Key points

from the 2025 annual accounts

Result

€32,561 €32,561
-€45,2002024€32,6002025

Back in profit in 2025, after a loss of €45,237 in 2024.

Staff

3.8 FTE from 7.9 in 2023

Between 2023 and 2025, 52% of the full-time equivalents disappeared.

Filings

29 annual accounts 10 days past the deadline
deadline200020102020

2026 accounts not filed: deadline was 31-10-2026.

Checked score

67
Healthy
Financially stronger than 29% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.5% 01-2025: 1.9%▲ +0.4 percentage points vs 12-2024highest value 02-2025: 1.0%▼ -0.9 percentage points vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.1%▲ +0.1 percentage points vs 09-2025 11-2025: 1.6%▲ +0.5 percentage points vs 10-2025 12-2025: 1.8%▲ +0.2 percentage points vs 11-2025 01-2026: 0.3%▼ -1.5 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.7%▲ +0.3 percentage points vs 09-2026 11-2026: 0.8%▲ +0.1 percentage points vs 10-2026

Financial strength
Average

66+2equity 40.7% of total assets
23-1short-term debt 54.4% · cash 0.6%
50+24return on assets 1.7%

Score breakdown

raises risk
Figures for financial year 2025 (filed on 03-12-2025)
Liquidity: current ratio 1.57, cash €12,249
1 financial year not filed after the legal deadline; last filed accounts filed 29 days late; 1 of the last 3 accounts late
lowers risk
Founded in 1994
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 71, micro). It does better than 39% of them on solvency, 9% on liquidity, 21% on profitability and 49% on growth.

The bankruptcy probability was computed on 09-11-2026 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 31-03-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 17,041 companies had the same profile as LIGHT UNIT has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of LIGHT UNIT itself is higher: 0.8% within 12 months. It rests on far more data about LIGHT UNIT than the profile alone.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 17,041 companies, not a prediction for LIGHT UNIT. 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 €50,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.57 (1.55 in 2024), above the usual 1.5. Short-term debt is 54.4% and cash 0.6% of total assets. However, 59.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Figures for financial year 2025 (filed on 03-12-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.57, cash €12,249
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 29 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-11-2025, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
29 days late
2024
83 days late
2023
16 days late
2021
42 days late
2020
67 days late
2019
57 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 49 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LB
Director, since 31-03-2012
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0453774017
Legal-form change General meeting of 29-08-2022 · Gazette deed
First establishment Naamsesteenweg 158, Leuven
Incorporation published on 29-11-1994 · Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company
LIGHT UNIT Leuven €1.9m €269,941 40.7% 3.8
SEMPHIL Belgium Liège €2.3m €281,688 9.5% 2.8
BLATEC Knokke-Heist €1.5m €354,231 52.7% 2.7
SUMMIT ENGINEERING Sint-Truiden €1.7m €299,282 52.5% 1.9
ONTWERPBUREAU CARLIER Westerlo €1.6m €414,496 83.8% 3.6
FREVAN ENGINEERING Mouscron €2.5m €308,475 90.4% 2
Metis Instruments & Equipment Leuven €1.5m €466,525 85.0% 7.5

These companies have the same main activity as LIGHT UNIT: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €1.5m and €2.5m, founded between 1988 and 2000.

Official details

Source: KBO
Status
Active since 02-11-1994Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 2 others
Establishment unit
2.069.027.8163001 Leuven, since 21-11-1994
Financial year end
31 March
Peppol
Reachable since 23-01-2025
Company details

Annual accounts to 31-03-2025

≈ €660,000estimated
€1.9m=
Employeeson 31-03-2025
4▼ 42.9%
Filing
Filed on 29-11-2025
Financials

Insights on LIGHT UNIT

LIGHT UNIT files the abbreviated format. That format states no turnover. The gross margin fell from €386,249 in 2008 to €269,941 in 2025.

Lovalumen 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 LIGHT UNIT

What is the company number of LIGHT UNIT?
The company number of LIGHT UNIT is 0453.774.017. The VAT number is the same number with BE in front: BE 0453.774.017.
Where is LIGHT UNIT based?
The registered office is at Naamsesteenweg 158, 3001 Leuven.Company details
What does LIGHT UNIT do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of LIGHT UNIT?
LIGHT UNIT is a private limited company (BV).
When was LIGHT UNIT founded?
LIGHT UNIT was founded on 02-11-1994.
Is LIGHT UNIT still active?
Yes, LIGHT UNIT is an active enterprise in the KBO register.
How many employees does LIGHT UNIT have?
LIGHT UNIT had an average of 3.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LIGHT UNIT?
The turnover in financial year 2025 is ≈ €660,000. This figure is estimated from the gross margin of €269,941 and 35 comparable companies (NACE 711). It probably lies between €490,000 and €870,000.
Is LIGHT UNIT profitable?
In financial year 2025, LIGHT UNIT made a profit of €32,561.
Where can I find the annual accounts of LIGHT UNIT?
LIGHT UNIT filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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