LU-TECH
ActiveLU-TECH has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €353k and a net result of €29k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 51% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+36
Solvency68▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 0.18 in 2023; short-term debt: 15.2% and cash: 17.1% of total assets), and 57% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 41
Relative position
BE, all sectors
reference
Sector 41
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
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 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
34 d early
2022
31 d early
2021
30 d early
2020
31 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€353k▲ 8.9%
2023 · €324k
2018: €161k
2019: €181k
2020: €198k
2021: €254k
2022: €390k
2023: €324k
2018 → 2024
Total assets
€821k▼ 3.0%
2023 · €847k
2018: €375k
2019: €367k
2020: €351k
2021: €1.14M
2022: €933k
2023: €847k
2018 → 2024
Net result
€29k
2023 · €-66k
2018: €14k
2019: €21k
2020: €17k
2021: €56k
2022: €137k
2023: €-66k
2018 → 2024
Working capital
€30k
2023 · €-123k
2018: €24k
2019: €66k
2020: €113k
2021: €-40k
2022: €9k
2023: €-123k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€198k-€254k▲ 28.1%€390k▲ 53.9%€324k▼ 16.9%€353k▲ 8.9%
Operating result€21k-€86k▲ 309%€180k▲ 109%€-53k€41k
Net result€17k-€56k▲ 230%€137k▲ 146%€-66k€29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €41k after a loss of €53k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €821k
Fixed assets
€666k▼ 18.7%
Current assets
€155k▲ 464%
Equity and liabilities €821k
Equity
€353k▲ 8.9%
Debt
€468k▼ 10.4%
The debt ratio falls from 61.7% to 57.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€99k▲
2023 · €44k
Cash flow
€87k▲
2023 · €30k
Solvency
43.0%▲
2023 · 38.3%
Current ratio
1.24▲
2023 · 0.18
Quick ratio
1.24▲
2023 · 0.18
Debt / equity
1.32▼
2023 · 1.61
ROE
8.2%▲
2023 · -20.4%
ROA
3.5%▲
2023 · -7.8%
Interest coverage
10.61▲
2023 · 3.36
Debt
€468k▼
2023 · €522k
Debt ≤ 1 year
€125k▼
2023 · €150k
Debt > 1 year
€342k▼
2023 · €372k
Income taxes
€3k▲
2023 · €277
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€847k€821k▼
Fixed assets21/28€819k€666k▼
Tangible fixed assets22/27€819k€666k▼
Land and buildings22€603k€575k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€211k€88k▼
Current assets29/58€27k€155k▲
Amounts receivable within one year40/41€4k€14k▲
Trade receivables40€4k€14k▲
Cash at bank and in hand54/58€20k€141k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€847k€821k▼
Equity10/15€324k€353k▲
Contributions10/11€19k€19k=
Reserves13€305k€334k▲
Distributable reserves133€305k€334k▲
Amounts payable17/49€522k€468k▼
Amounts payable after more than one year17€372k€342k▼
Financial debts170/4€372k€342k▼
Amounts payable within one year42/48€150k€125k▼
Current portion of amounts payable after more than one year42€30k€30k▲
Trade debts44€10k-
Suppliers440/4€10k-
Taxes, remuneration and social security45€2k€9k▲
Taxes450/3€2k€9k▲
Other amounts payable47/48€108k€86k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€96k€58k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€47k€103k▲
Operating profit (loss)9901€-53k€41k▲
Financial income75/76B€66-
Recurring financial income75€66-
Financial charges65/66B€13k€9k▼
Recurring financial charges65€13k€9k▼
Profit (loss) for the period before taxes9903€-66k€32k▲
Income taxes67/77€277€3k▲
Profit (loss) for the period9904€-66k€29k▲
Profit (loss) for the period to be appropriated9905€-66k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-66k€29k▲
Transfer from equity791/2€66k-
Transfer to equity691/2-€29k
To other reserves6921-€29k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 1.24
Current ratio from 0.18 to 1.24; short-term debt falls from €150k to €125k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-66k ▼148%
Net result drops to €-66k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €137k ▲146%
Operating result €180k, net result €137k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €254k ▲28.1%
4 profitable years in a row build equity to €254k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
14-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Tessenderlo-Ham · 1 establishment unit since 1994
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.
Wetsberg 13980 Tessenderlo-HamGround area
1,003 m²
Building footprint
191 m²
Volume, LiDAR
1,102 m³
Parcel 71364E1126/00W000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LU-TECH
since 19942.065.697.449
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71364E1126/00W000 | Flanders | 1,003 m² | 1 · 191 m² | 9.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 179 EUR awarded · 179 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 179 EUR | 179 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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SELECT CONSTRUCT
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Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 10,464 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-1994
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
42110Construction of roads and motorways
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43350Other building finishing work
45230
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.