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Louvax

Active
Private limited companyfounded 20224 yrs activePoelstraat 10, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0783.779.596
Summary

Louvax has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€6,670) and a net result of -€1,483. Equity is shrinking by ~38.3% per year across the filed fiscal years. Its solvency ranks better than 10% of 14258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability27▲+6
Solvency6▼-5
Growth58=
Track record94
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.04 in 2024; short-term debt: 118.9% and cash: 0.9% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
-18.9%
Return on assets
-4.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€6,670
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
on the day
2024
30 d early
2023
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average on the deadline day; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 July (3 of the last 3 filed years within 31 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Louvax was incorporated on 24 March 2022 as a Private limited company.1 Total assets went from EUR 37,301 in 2023 to EUR 35,330 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€6,670▼ 28.6%
2024 · -€5,187
Total assets
€35,330▼ 4.0%
2024 · €36,813
Net result
-€1,483▲ 40.4%
2024 · -€2,488
Working capital
-€41,670▼ 3.7%
2024 · -€40,187
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€7,694--€2,458▲ 68.1%-€1,453▲ 40.9%
Net result-€7,699within the sector's middle half--€2,488within the sector's middle half▲ 67.7%-€1,483within the sector's middle half▲ 40.4%
Equity-€2,699below the sector's middle half--€5,187below the sector's middle half▼ 92.2%-€6,670below the sector's middle half▼ 28.6%
Total assets€37,301below the sector's middle half-€36,813below the sector's middle half▼ 1.3%€35,330below the sector's middle half▼ 4.0%
Debt€40,000-€42,000▲ 5.0%€42,000=
Working capital-€37,699within the sector's middle half--€40,187within the sector's middle half▼ 6.6%-€41,670within the sector's middle half▼ 3.7%
Solvency-7.2%below the sector's middle half--14.1%below the sector's middle half▼ 6.9pp-18.9%below the sector's middle half▼ 4.8pp
Current ratio0.06below the sector's middle half-0.04below the sector's middle half▼ 0.010.01below the sector's middle half▼ 0.04
Return on assets (ROA)-20.6%below the sector's middle half--6.8%below the sector's middle half▲ 13.9pp-4.2%below the sector's middle half▲ 2.6pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2023: -€7,694-€7,694Net result 2023: -€7,699-€7,699Operating result 2024: -€2,458-€2,458Net result 2024: -€2,488-€2,488Operating result 2025: -€1,453-€1,453Net result 2025: -€1,483-€1,483202320242025-€8,000-€6,000-€4,000-€2,000€0Operating result 2023: -€7,694-€7,690Net result 2023: -€7,699-€7,700Operating result 2024: -€2,458-€2,460Net result 2024: -€2,488-€2,490Operating result 2025: -€1,453-€1,450Net result 2025: -€1,483-€1,480202320242025
The operating result stays negative: a loss of €1,453 in 2025 against €2,458 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35,330
Fixed assets €35,000 =
Current assets €330 ▼ 81.8%
Key figures and ratios
2025 value · change against 2024
Debt to equity
-6.30▲
2024 · -8.10
Debt ≤ 1 year
€42,000=
2024 · €42,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.6% went bankrupt
3.6% stopped otherwise
91% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,555 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 23 lines
Balance sheet Code20242025
Assets
Total assets20/58€36,813€35,330▼
Fixed assets21/28€35,000€35,000=
Tangible fixed assets22/27€35,000€35,000=
Land and buildings22€35,000€35,000=
Current assets29/58€1,813€330▼
Cash at bank and in hand54/58€1,813€330▼
Equity and liabilities
Total equity and liabilities10/49€36,813€35,330▼
Equity10/15-€5,187-€6,670▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€10,187-€11,670▼
Amounts payable17/49€42,000€42,000=
Amounts payable within one year42/48€42,000€42,000=
Other amounts payable47/48€42,000€42,000=
Income statement Code20242025
Other operating charges640/8€772€684▼
Gross operating margin9900-€1,686-€768▲
Operating profit (loss)9901-€2,458-€1,453▲
Financial charges65/66B€30€30=
Recurring financial charges65€30€30=
Profit (loss) for the period before taxes9903-€2,488-€1,483▲
Profit (loss) for the period9904-€2,488-€1,483▲
Profit (loss) for the period to be appropriated9905-€2,488-€1,483▲
Appropriation of the result
Profit (loss) to be appropriated9906-€10,187-€11,670▼
Profit (loss) brought forward from the previous period14P-€7,699-€10,187▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Goods, raw materials, services and sundry goods60/61€2,889---
Other operating charges640/8€4,805€772€684▼ 11.3%
Gross operating margin9900-€2,889-€1,686-€768▲ 54.4%
Operating profit (loss)9901-€7,694-€2,458-€1,453▲ 40.9%
Financial charges65/66B€6€30€30=
Recurring financial charges65€6€30€30=
Profit (loss) for the period before taxes9903-€7,699-€2,488-€1,483▲ 40.4%
Profit (loss) for the period9904-€7,699-€2,488-€1,483▲ 40.4%
Profit (loss) for the period to be appropriated9905-€7,699-€2,488-€1,483▲ 40.4%
Line202320242025Change
Assets
Total assets20/58€37,301€36,813€35,330▼ 4.0%
Fixed assets21/28€35,000€35,000€35,000=
Tangible fixed assets22/27€35,000€35,000€35,000=
Land and buildings22€35,000€35,000€35,000=
Current assets29/58€2,301€1,813€330▼ 81.8%
Cash at bank and in hand54/58€2,301€1,813€330▼ 81.8%
Equity and liabilities
Total equity and liabilities10/49€37,301€36,813€35,330▼ 4.0%
Equity10/15-€2,699-€5,187-€6,670▼ 28.6%
Contributions10/11€5,000€5,000€5,000=
Profit (loss) carried forward14-€7,699-€10,187-€11,670▼ 14.6%
Amounts payable17/49€40,000€42,000€42,000=
Amounts payable within one year42/48€40,000€42,000€42,000=
Other amounts payable47/48€40,000€42,000€42,000=
Line202320242025Change
Profit (loss) for the period9904-€7,699-€2,488-€1,483▲ 40.4%
Operating cash flow (approximation)-€7,699-€2,488-€1,483▲ 40.4%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€488-€1,483▼ 204%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Sint-Niklaas · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
5,071 m²
Building footprint
170 m²
Volume, LiDAR
626 m³
Parcel 46017B0777/00E000, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Louvax
Poelstraat 10, 9100 Sint-NiklaasReal estate activities
since 20222.329.349.585
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46017B0777/00E000 Flanders 5,071 m² 1 · 170 m² 9.5 m · 1 fl.
Linked by address, not proof of ownership
Good to know
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 7,326 companies in sector 68110 we hold annual accounts for 5,390. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
E-invoicing
Not found in the Peppol register

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.