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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

Overview

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

€269,941▼ 29.2%
≈ €660,000estimated
€32,561
€786,455▲ 4.3%
€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.

Financials

Annual accounts 2025

abbreviated format, filed on 29-11-2025, 29 days late
€269,941
▼ 29.2%
€66,450
▲ 819%
€32,561
▲ €77,799
€597,618
▲ 4.2%
40.7%
▲ 1.7 percentage points
1.57
▲ 0.01

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €660,000. Estimated: probably between €490,000 and €870,000.

Balance sheet

balance sheet total €1.9m on 31-03-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

40.7%

Higher than 43% of 2,566 companies in 2025.

1.57

Higher than 44% of 2,522 companies in 2025.

1.7%

Higher than 33% of 2,543 companies in 2025.

LIGHT UNIT Middle half of the sector 80% of the sector Abbreviated accounts in architecture and engineering (NACE 71)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half

Staff

€37,592

Staff costs divided by the average number of full-time equivalents.

-3 people

people who joined people who left

In 2025, 6 people joined and 9 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320212020201920182017201620152014201320122011201020092008
Balance sheet: assets
20/58 1.9m1.9m2.0m2.3m2.2m2.2m2.4m2.0m1.8m1.7m1.5m1.5m1.5m1.2m1.1m1.0m915,461
21/28 283,703326,903377,788275,719300,895315,357394,474390,649406,047448,258485,032548,119599,825329,393358,403397,502286,946
21 -----27,66073,00740,57913,1615,9672,3116,8067,586----
22/27 283,265326,465377,350275,281300,457287,259321,028349,777392,593441,998482,428541,020591,946329,100358,110397,209286,790
22 224,556262,910301,103248,128271,055260,001291,806344,443386,301426,730465,878512,563524,760262,211283,011299,174255,635
23 9,8764,2205,7071,6423,4123,1224,5014,3204,0826,7499,75818,50230,65314,29412,0518,6735,318
24 39,19647,53856,5838,1346,4542,4402,7451,0142,2108,5196,7929,95515,09526,62532,54754,32925,837
26 9,63711,79713,95717,37719,53621,69621,976-----21,43825,97030,50135,033-
28 438438438438438438438293293293293293293293293293156
29/58 1.6m1.6m1.6m2.0m1.9m1.9m2.0m1.6m1.4m1.2m970,986989,904887,022839,712768,705612,122628,515
3 484,140479,227578,641890,7161.0m1.0m753,629641,050587,950650,835561,534444,255304,539289,843285,623119,04080,390
30/36 484,140479,227578,641890,7161.0m1.0m753,629641,050587,950650,835561,534444,255304,539289,843285,623119,04080,390
40/41 1.1m1.1m1.0m1.0m875,220820,9861.2m845,782742,667522,314368,183489,278529,400255,747221,073200,284185,588
40 361,620333,805349,438498,704326,802272,567429,139349,699334,455176,94239,279219,609231,016255,747211,894185,856185,588
41 785,398773,870681,224548,419548,419548,419739,654496,083408,212345,372328,904269,669298,384-9,17914,428-
50/53 606606---------------
54/58 12,24915,49922,43455,57829,49756,36840,175103,23696,51540,06041,05556,25652,793294,122262,009292,798362,537
490/1 5,7543,8784,8293,5483,3713,3183,2783,7381,241821214115290----
Balance sheet: equity and liabilities
10/49 1.9m1.9m2.0m2.3m2.2m2.2m2.4m2.0m1.8m1.7m1.5m1.5m1.5m1.2m1.1m1.0m915,461
10/15 786,455753,894799,131821,034820,695819,266812,154929,110918,547891,510864,730842,830807,459798,605715,673626,774545,559
10/11 20,57520,57520,57520,57520,57520,57520,57520,57520,57520,57520,57520,57520,57520,57520,57520,57520,575
100 -----20,57520,57520,57520,57520,57520,57520,57520,57520,57520,57520,57520,575
13 765,880733,319778,556800,459800,120798,691908,535908,535897,972870,935844,155822,255786,884778,030695,098606,199524,984
130/1 ---2,0582,058------------
130 -----2,0582,0582,0582,0582,0582,0572,0572,0572,0582,0582,0582,058
1311 ---2,0582,058------------
132 37,50037,50037,50037,50037,50037,50037,50037,50037,50037,50037,50037,50037,50037,50037,50037,50037,500
133 728,380695,819741,056760,901760,562759,133868,978868,978858,414831,377804,598782,698747,327738,472655,540566,641485,426
14 -------116,957----------
17/49 1.1m1.2m1.2m1.5m1.4m1.4m1.5m1.1m915,873770,778591,288695,193679,388370,500411,435382,850369,902
17 94,866130,291-25,35994,780131,970214,862306,527153,850228,880256,416305,858353,574109,914128,360145,805162,288
170/4 94,866130,291-25,35994,780131,970214,862306,527153,850228,880256,416305,858353,574109,914128,360145,805162,288
42/48 1.1m1.0m1.2m1.4m1.3m1.3m1.3m748,818762,023537,698334,872389,335325,814260,586281,325237,045207,614
42 41,12619,709-71,14861,796102,083105,05990,26175,03182,18549,44247,69545,86418,44617,44516,48315,961
43 329,094337,928348,034334,235333,441345,067325,000310,480254,68486,8536,8835,048-----
430/8 329,094337,928348,034334,235333,441345,067325,000310,480254,68486,8536,8835,048-----
44 412,795444,038537,490612,425587,887655,703834,897241,259289,089273,062239,553274,170214,087131,324130,33896,15279,404
440/4 412,795444,038537,490612,425587,887655,703834,897241,259289,089273,062239,553274,170214,087131,324130,33896,15279,404
45 78,052105,210172,070211,329162,41563,38123,33186,81893,21955,59838,99434,42235,86322,46422,27413,55918,607
450/3 62,46656,226118,765165,690133,78136,5623,87669,12470,66537,98319,54916,25826,62610,3858,3851,2237,338
454/9 15,58648,98453,30545,63928,63426,81819,45517,69422,55417,61519,44518,1649,23712,07913,88912,33611,269
47/48 191,082126,719149,629197,155153,16492,87945,04720,00050,00040,000-28,00030,00088,352111,268110,85193,642
492/3 -16,0008,000------4,200----1,750--
Income statement
76A 66,708-----------3,695----
9900 269,941381,472581,747359,487325,994394,490295,782398,805423,769374,121315,637332,749258,941379,486377,684350,662386,249
62 142,849305,532496,546274,189214,591239,329284,573220,303225,253188,146181,508170,324121,955138,384125,648121,975109,214
630 51,05352,34664,30542,50767,91887,389109,56695,51490,20095,15778,608105,38283,72355,76952,82954,91336,346
640/8 9,58816,36219,56916,35121,27628,1121,3499,7691,6033,3239,5592,9385,7243,6325,1791,8833,083
66A ------61-------2,210--
9901 66,4507,2321,32626,44022,21039,660-99,76773,218106,71387,49545,96254,10547,539181,701194,028171,891237,606
75/76B 862,52219,9306856,4775665713951455,3961551,3173,7694,3305,8857,9576,022
75 862,52219,9306856,4775665713951455,3961551,3173,7694,3305,8857,9576,022
65/66B 34,06247,19034,42720,24127,06432,91717,42640,73020,22521,72423,53020,00116,14911,94514,21813,92217,185
65 34,06247,19034,42720,24127,06432,91717,42640,73020,22521,72423,53020,00116,14911,94514,21813,92217,185
9903 32,473-37,436-13,1716,8841,6237,309-116,62232,88386,63371,16722,58735,42138,854174,086183,485165,926226,443
67/77 -887,8018,7326,5441941973352,3209,5964,38868750-126,15429,58626,71149,118
9904 32,561-45,237-21,9033391,4297,112-116,95730,56477,03766,77921,90035,37138,855147,932153,899139,215177,325
9905 32,561-45,237-21,9033391,4297,112-116,95730,56477,03766,77921,90035,37138,855147,932153,899139,215177,325
Appropriation of the result
9906 32,561-45,237-21,9033391,429-109,845-116,95730,56477,03766,77921,90035,37138,855147,932153,899139,215177,325
791/2 -45,23721,903--109,845-----------
691/2 32,561--3391,429--10,56427,03726,77921,90035,3718,85582,93288,89981,215112,325
6921 32,561--3391,429--10,56427,03726,77921,90035,3718,85582,93288,89981,215112,325
694/7 -------20,00050,00040,000--30,00065,00065,00058,00065,000
695 -------20,00050,00040,000--30,00065,00065,00058,00065,000
Social balance sheet
9087 3.86.37.97.56.15.87.17.16.15.64.64.43.73.73.83.73.7
Hours worked1013 3,6779,44317,50110,4237,9029,80210,5339,5539,6508,4277,5837,4136,1316,4156,5786,2296,102
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 12 older financial years (1995-2007) were filed as documents without figures as data, scans for example.

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 29-11-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 29 days after the deadline. Filed on 29 November 2025, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2025-00574677.

Financial year Type Filed Reference Document
31-03-2025 abbreviated format 29-11-2025 2025-00574677 PDF
31-03-2024 abbreviated format 22-01-2025 2025-00008362 PDF
31-03-2023 abbreviated format 16-11-2023 2023-00514110 PDF
31-08-2021 abbreviated format 12-05-2022 2022-20025473 PDF
31-08-2020 abbreviated format 06-06-2021 2021-18100003 PDF
31-08-2019 abbreviated format 27-05-2020 2020-13200347 PDF
31-08-2018 abbreviated format 29-03-2019 2019-09200148 PDF
31-08-2017 abbreviated format 30-03-2018 2018-09300588 PDF
31-08-2016 abbreviated format 17-03-2017 2017-06600339 PDF
31-08-2015 abbreviated format 26-02-2016 2016-05200541 PDF
31-08-2014 abbreviated format 02-03-2015 2015-05500231 PDF
31-08-2013 abbreviated format 20-02-2014 2014-04500337 PDF
31-08-2012 abbreviated format 18-03-2013 2013-06600190 PDF
31-08-2011 abbreviated format 09-03-2012 2012-06000025 PDF
31-08-2010 abbreviated format 31-03-2011 2011-07600241 PDF
31-08-2009 abbreviated format 19-02-2010 2010-05000161 PDF
31-08-2008 abbreviated format 02-03-2009 2009-06700349 PDF
31-08-2007 abbreviated format 26-03-2008 2008-07700096 PDF
31-08-2006 abbreviated format 16-01-2007 2007-00800229 PDF
31-08-2005 abbreviated format 20-02-2006 2006-04700166 PDF
31-08-2004 abbreviated format 28-02-2005 2005-05600239 PDF
31-08-2003 abbreviated format 25-03-2004 2004-08200098 PDF
31-08-2002 abbreviated format 26-03-2003 2003-08200147 PDF
30-06-2001 abbreviated format 18-01-2002 2002-01700088 PDF
30-06-2000 abbreviated format 27-12-2000 2000-77405018 PDF
31-12-1998 abbreviated format 24-01-2000 2000-01802653 PDF
31-12-1997 abbreviated format 21-12-1998 1998-61902594 PDF
31-12-1996 abbreviated format 30-12-1997 1997-58504886 PDF
31-12-1995 abbreviated format 04-06-1996 1996-11904945 PDF

Subsidies and aid

Flemish government 2025, 1 entry, €2,360 awarded, €2,360 paid

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320212020201920182017201620152014201320122011201020092008
117,50359,57765,63168,94790,127127,0499,799168,732196,913182,652124,570159,487131,262237,470246,857226,804273,952
83,6157,10842,40242,84769,34794,501-7,391126,078167,237161,936100,508140,753122,578203,701206,728194,128213,671
7,8531,460166,37417,33253,4558,272113,83780,11647,98958,38315,52153,676366,88726,75924,439165,46984,587
-3,250-6,935-26,081-26,87116,192-63,0616,72156,455-995-15,2013,463-241,32932,113-30,789-69,739-
597,618573,282429,343570,674614,581635,879632,542844,988666,350676,332636,114600,569561,208579,126487,380375,077420,901
40.7%39.0%39.7%36.1%37.1%37.1%34.4%46.8%50.1%53.6%59.4%54.8%54.3%68.3%63.5%62.1%59.6%
1.571.551.361.401.471.511.472.131.872.262.902.542.723.222.732.583.03
1.111.090.880.780.700.700.911.271.101.051.221.401.792.111.722.082.64
1.461.571.521.771.701.701.911.141.000.860.680.820.840.460.570.610.68
4.1%-6.0%-2.7%0.0%0.2%0.9%-14.4%3.3%8.4%7.5%2.5%4.2%4.8%18.5%21.5%22.2%32.5%
1.7%-2.3%-1.1%0.0%0.1%0.3%-5.0%1.5%4.2%4.0%1.5%2.3%2.6%12.7%13.7%13.8%19.4%
3.451.261.913.41-------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-03-202531-03-202431-03-202331-08-2021
Employees at the balance-sheet date4799
full-time1-33
part-time3766
in full-time equivalents2.75.27.67.2
3.86.37.97.5
On a permanent contract3799
Joined6033
Left9231

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item31-03-202531-03-202431-03-202331-08-2021
Debts secured on the company's own assets---€96,507

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item31-03-202531-03-202431-03-202331-08-2021
Tangible fixed assets€7,853€1,460€166,374€17,332
€51,053€52,346€64,305€42,507

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on LIGHT UNIT

The operating result for 2025 is 9.2 times that of 2024 and the highest since 2017. It is the second rise in a row.

Debt's share of the balance-sheet total falls from 61.0% to 59.3%. Equity is higher and debt is lower.

Board & ownership

Board

1 director
Director
since 31-03-2012
listed in the 2025 annual accounts, filed on 29-11-2025
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“TITEL IV. BESTUUR - CONTROLE Artikel 10. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
deed of 06-09-2022

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Board
Mandates as a list
  • Lovalumen BVBA
    • Director, from 31-03-2012 to date

See the board, name and registered office on a given date →

Control

Parent
Equity €89,141
Loss €18,790 in 2025 (loss €34,041 in 2024)
100%
This company
LIGHT UNIT
Equity €786,455
Profit €32,561 in 2025

Capital

Contribution
€20,575.16
Shares
750
Contribution per share
€27.43
Equity per share
€1,049 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 06-09-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Geen beroep op rechter tegen weigering, toestemming medeaandeelhouders volgens zelfde formaliteiten indien geen aandeelhouder van rechtswege”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Monday of September at 14:00

Network & group

Group

Lovalumen has 1 direct subsidiary (2025 accounts), the bar shows equity in euros
ParentLovalumen1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

  • BE Light Unit €786,455 result €32,561

Source: list of holdings in the 2025 accounts of Lovalumen. Every holding stands with its own latest accounts.

At the same address

Naamsesteenweg 158, 3001 Leuven · 1 other company
Vereniging van Mede-Eigenaars Residentie Light Unit te Leuven (Heverlee), Naamsesteenweg 158
registered office since 18-07-2002
founded in 2002
0826.058.730

Connections & network

1 current director
Depth

The network starts from the directors of LIGHT UNIT. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

36 events since 1994
2025
Annual accounts 2025 filed PDFabbreviated format · 29 days late
Back to profit net €32,561 The net result is €32,561, after 2 loss-making years.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0453774017
Annual accounts 2024 filed PDFabbreviated format · 83 days late
2023
Annual accounts 2023 filed PDFabbreviated format · 16 days late
2022
Legal-form changeGeneral meeting of 29-08-20223 points ▸
  • General meeting, 29-08-2022
  • 750 shares
  • Registered office clause, Naamsesteenweg 158
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFabbreviated format · 42 days late
2021
Annual accounts 2020 filed PDFabbreviated format · 67 days late
2020
Annual accounts 2019 filed PDFabbreviated format · 57 days late
2019
Back to profit net €7,112 The net result is €7,112, after one loss-making year.
Annual accounts 2018 filed PDFabbreviated format · 2 days before the deadline
2018
Weakest financial year net -€116,957 The net result drops to -€116,957, the lowest from 2008 to 2025. It recovers the following year.
Annual accounts 2017 filed PDFabbreviated format · 1 day before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 14 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 34 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 29 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 39 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 13 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 22 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · on the deadline day
2010
Annual accounts 2009 filed PDFabbreviated format · 40 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 29 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 5 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 74 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2000
Annual accounts 2000 filed PDFabbreviated format
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1994
First establishment Naamsesteenweg 158, Leuven
Incorporation published on 29-11-1994

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 2 November 1994, LIGHT UNIT was incorporated.1 Total assets went from €2.2m in 2019 to €1.9m in 2025 and headcount from 5.8 to 3.8 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0453.774.017
VAT number
BE 0453.774.017
Peppol ID
0208:0453774017
Other Peppol ID
9925:BE0453774017
Legal form
Private limited company
Status
Active, normal situation
Founded
02-11-1994
Financial year
ends on 31 March
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Monday of September at 14:00
deed of 06-09-2022 (in Dutch)
Peppol
Reachable since 23-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
LIGHT UNIT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 06-09-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 06-09-2022 (in Dutch)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Codes under NACEBEL 2008
VAT activities
71121 Engineering activities main activity
46431 Wholesale of electrical household appliances and audio-video equipment
Social security (RSZ) activities
47592 Retail trade main activity
Codes under NACEBEL 2003
VAT activities
74203 main activity
51430
Social security (RSZ) activities
52442 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het uitvoeren van alle lichtstudies de handel,zowel import als export,groothandel van half-afgewerkte en afgewerkte producten en goederen of…”
Text of the purpose

“Het uitvoeren van alle lichtstudies de handel,zowel import als export,groothandel van half-afgewerkte en afgewerkte producten en goederen of materieel,zoals bijvoorbeeld en zonder dat dit als enige beperking zou aanschouwd worden,lampen,batterijen,elektriciteitsmateriaal,verlichtingsarmaturen,meubilair in de meest brede zin van de betekenis en gadgets.”

deed of 06-09-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Naamsesteenweg 158 registered office 3001 Leuven 21-11-1994 2.069.027.816

Buildings and parcels at the address

Ground area
1,136 m²
Buildings
966 m²
Volume, LiDAR
5,914 m³
Tallest building
14.8 m
Buildings to scale, each on its own parcel
966 m², 14.8 m 966 m², 14.8 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
24434F0287/00B0041,136 m² 1 · 966 m² 14.8 m · 2