LU Brussels
ActiveSummary
The computed 12-month bankruptcy probability of LU Brussels is 8.7% (elevated). The 2024 annual accounts show negative equity (-€20,003) and a net result of -€38,698. Equity is shrinking by ~58.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 26043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-94
Solvency0▼-50
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
8.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.08 against 1.3 in 2023; short-term debt: 433.6% and cash: 0.9% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-333.6%
Return on assets
-645.4%
Age of the figures
21 mo
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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year -€20,003
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-09-2025, 52 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
52 d late
2023
31 d late
2022
28 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 37 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€20,003
2023 · €18,694
Total assets
€5,996▼ 92.0%
2023 · €74,655
Net result
-€38,698
2023 · €16,905
Working capital
-€23,903
2023 · €16,432
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line202220232024
Operating result-€3,023-€22,232-€38,503
Net result-€3,260within the sector's middle half-€16,905within the sector's middle half-€38,698below the sector's middle half
Equity€1,790below the sector's middle half-€18,694within the sector's middle half▲ 944%-€20,003below the sector's middle half
Total assets€2,239below the sector's middle half-€74,655within the sector's middle half▲ 3,234%€5,996below the sector's middle half▼ 92.0%
Debt€449-€55,960▲ 12,365%€25,999▼ 53.5%
Working capital€1,790within the sector's middle half-€16,432within the sector's middle half▲ 818%-€23,903below the sector's middle half
Solvency25.0%within the sector's middle half-333.6%below the sector's middle half▼ 358.6pp
Current ratio1.30within the sector's middle half0.08below the sector's middle half▼ 1.22
Return on assets (ROA)22.6%above the sector's middle half-645.4%below the sector's middle half▼ 668.0pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €38,503 after €22,232 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5,996
Fixed assets
€3,900 =
Current assets
€2,096 ▼ 97.0%
Key figures and ratios
Debt to equity
-1.30▼
2023 · 2.99
Debt ≤ 1 year
€25,999▼
2023 · €54,322
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €127,345 | €288,806 | - | - |
| Other operating charges640/8 | €240 | €447 | €904 | ▲ 102% |
| Gross operating margin9900 | -€2,783 | €22,679 | -€37,599 | ▼ 266% |
| Operating profit (loss)9901 | -€3,023 | €22,232 | -€38,503 | ▼ 273% |
| Financial charges65/66B | €237 | €310 | €194 | ▼ 37.3% |
| Recurring financial charges65 | €237 | €310 | €194 | ▼ 37.3% |
| Profit (loss) for the period before taxes9903 | -€3,260 | €21,922 | -€38,698 | ▼ 277% |
| Income taxes67/77 | - | €5,017 | - | - |
| Profit (loss) for the period9904 | -€3,260 | €16,905 | -€38,698 | ▼ 329% |
| Profit (loss) for the period to be appropriated9905 | -€3,260 | €16,905 | -€38,698 | ▼ 329% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2,239 | €74,655 | €5,996 | ▼ 92.0% |
| Fixed assets21/28 | - | €3,900 | €3,900 | = |
| Financial fixed assets28 | - | €3,900 | €3,900 | = |
| Current assets29/58 | €2,239 | €70,755 | €2,096 | ▼ 97.0% |
| Amounts receivable within one year40/41 | €120 | €1,144 | €2,040 | ▲ 78.4% |
| Trade receivables40 | - | €353 | - | - |
| Other amounts receivable41 | €120 | €790 | €2,040 | ▲ 158% |
| Cash at bank and in hand54/58 | €2,119 | €69,611 | €56 | ▼ 99.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2,239 | €74,655 | €5,996 | ▼ 92.0% |
| Equity10/15 | €1,790 | €18,694 | -€20,003 | ▼ 207% |
| Contributions10/11 | €5,050 | €5,050 | €5,050 | = |
| Profit (loss) carried forward14 | -€3,260 | €13,644 | -€25,053 | ▼ 284% |
| Amounts payable17/49 | €449 | €55,960 | €25,999 | ▼ 53.5% |
| Amounts payable within one year42/48 | €449 | €54,322 | €25,999 | ▼ 52.1% |
| Trade debts44 | €14 | €27,341 | €237 | ▼ 99.1% |
| Suppliers440/4 | €14 | €27,341 | €237 | ▼ 99.1% |
| Taxes, remuneration and social security45 | - | €10,849 | €5,721 | ▼ 47.3% |
| Taxes450/3 | - | €10,849 | €5,721 | ▼ 47.3% |
| Other amounts payable47/48 | €435 | €16,133 | €20,041 | ▲ 24.2% |
| Accrued charges and deferred income492/3 | - | €1,638 | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,260 | €16,905 | -€38,698 | ▼ 329% |
| Operating cash flow (approximation) | -€3,260 | €16,905 | -€38,698 | ▼ 329% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | €67,492 | -€69,555 | ▼ 203% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
21-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 52 days late
2024
31-12
Financial
Weakest financial yearnet -€38,698
Net result drops to -€38,698, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €16,905
Net result €16,905 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Brussel · 1 establishment unit since 2021
Ground area
257 m²
Building footprint
146 m²
Volume, LiDAR
1,739 m³
Parcel 21004A1236/00G000, Brussels · tallest building 16.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LU BRUSSELS
since 20212.325.216.296
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A1236/00G000 | Brussels | 257 m² | 1 · 146 m² | 16.6 m · 4 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, comparable size
Picoux Productions
BE 0508.784.301
Antwerpen · Eq €18,950
Atelier Alexander Saenen
BE 1006.392.024
Hasselt · Eq €19,003
AMOS
BE 0834.478.231
Bonheiden · Eq €18,324
Demain j’arrête
BE 0683.655.109
Sint-Gillis (bij-Brussel) · Eq €19,148
MUZIEKSTROOM
BE 0783.918.465
Overijse · Eq €18,078
Of 1,290 companies in sector 47690 we hold annual accounts for 425. 270 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47690Retail sale of other cultural and recreation goods
Contact
E-mail
hi@lu.gallery
Phone
+32495927245
E-invoicing
Reachable via Peppol
Peppol ID
0208:0777472816
Also
9925:BE0777472816
Registered
18-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.