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LUAX

Active
Public limited companyfounded 201610 yrs activeBrand Whitlocklaan 132, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0648.943.361
Summary

The computed 12-month bankruptcy probability of LUAX is 2.1% (moderate). The 2024 annual accounts show equity of €563,609 and a net result of -€2,912. Equity remains stable across the filed fiscal years (±0.2% per year). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability19=
Solvency51▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.62 against 0.66 in 2023; short-term debt: 57.7% and cash: 0.1% of total assets), and 74.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2024
Solvency, return and age of the figures
Solvency
25.7%
Return on assets
-0.1%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-12-2025, 126 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
126 d late
2023
92 d late
2022
31 d late
2021
396 d late
2020
157 d late
2019
132 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 156 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

On 24 February 2016, LUAX was incorporated.1 Total assets went from EUR 603,741 in 2018 to EUR 2.2 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,912
2023 · €175
Working capital
-€476,980▼ 12.3%
2023 · -€424,635
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€4,168-€4,262▼ 2.3%-€3,553▲ 16.6%-€4,456▼ 25.4%-€2,733▲ 38.7%
Net result-€4,168-€1,233▲ 70.4%€1,424€175▼ 87.7%-€2,912
Equity€566,155▼ 0.7%€564,922▼ 0.2%€566,346▲ 0.3%€566,521=€563,609▼ 0.5%
Total assets€603,741=€2.0m▲ 234%€2.2m▲ 11.2%€2.2m▲ 0.4%€2.2m▼ 2.4%
Debt€37,586▲ 12.5%€1.4m▲ 3,754%€1.7m▲ 15.5%€1.7m▲ 0.5%€1.6m▼ 3.0%
Working capital-€10,485▼ 66.0%-€379,361▼ 3,518%-€402,938▼ 6.2%-€424,635▼ 5.4%-€476,980▼ 12.3%
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0€2,000Operating result 2020: -€4,168-€4,168Net result 2020: -€4,168-€4,168Operating result 2021: -€4,262-€4,262Net result 2021: -€1,233-€1,233Operating result 2022: -€3,553-€3,553Net result 2022: €1,424€1,424Operating result 2023: -€4,456-€4,456Net result 2023: €175€175Operating result 2024: -€2,733-€2,733Net result 2024: -€2,912-€2,91220202021202220232024-€6,000-€4,000-€2,000€0€2,000Operating result 2022: -€3,553-€3,550Net result 2022: €1,424€1,420Operating result 2023: -€4,456-€4,460Net result 2023: €175€175Operating result 2024: -€2,733-€2,730Net result 2024: -€2,912-€2,910202220232024
The operating result stays negative: a loss of €2,733 in 2024 against €4,456 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.2m
Fixed assets €1.4m =
Current assets €789,051 ▼ 6.3%
Equity and liabilities €2.2m
Equity €563,609 ▼ 0.5%
Debt €1.6m ▼ 3.0%
Debt's share of the balance-sheet total falls from 74.8% to 74.3%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€2,166▲
2023 · -€4,114
Cash flow
-€2,345▼
2023 · €517
Current ratio
0.62▼
2023 · 0.66
Debt to equity
2.89▼
2023 · 2.97
ROE
-0.5%▼
2023 · 0.0%
ROA
-0.1%▼
2023 · 0.0%
Interest coverage
-12.10▲
2023 · -17.96
Debt ≤ 1 year
€1.3m=
2023 · €1.3m
Debt > 1 year
€365,000▼
2023 · €415,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€2.2m€2.2m▼
Fixed assets21/28€1.4m€1.4m=
Tangible fixed assets22/27€21,873€21,306▼
Land and buildings22€21,873€21,306▼
Financial fixed assets28€1.4m€1.4m=
Current assets29/58€841,958€789,051▼
Amounts receivable within one year40/41€832,535€782,535▼
Other amounts receivable41€832,535€782,535▼
Cash at bank and in hand54/58€5,917€3,010▼
Deferred charges and accrued income490/1€3,506€3,506=
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.2m▼
Equity10/15€566,521€563,609▼
Contributions10/11€297,472€297,472=
Capital10€297,472€297,472=
Issued capital100€297,472€297,472=
Reserves13€287,753€287,753=
Non-distributable reserves130/1€17,115€17,115=
Legal reserve130€17,115€17,115=
Distributable reserves133€270,638€270,638=
Profit (loss) carried forward14-€18,705-€21,617▼
Amounts payable17/49€1.7m€1.6m▼
Amounts payable after more than one year17€415,000€365,000▼
Other amounts payable178/9€415,000€365,000▼
Amounts payable within one year42/48€1.3m€1.3m=
Trade debts44€6,466€5,904▼
Suppliers440/4€6,466€5,904▼
Other amounts payable47/48€1.3m€1.3m=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€341€567▲
Other operating charges640/8€960€968▲
Gross operating margin9900-€3,154-€1,198▲
Operating profit (loss)9901-€4,456-€2,733▲
Financial income75/76B€4,860-
Recurring financial income75€4,860-
Financial charges65/66B€229€179▼
Recurring financial charges65€229€179▼
Profit (loss) for the period before taxes9903€175-€2,912▼
Profit (loss) for the period9904€175-€2,912▼
Profit (loss) for the period to be appropriated9905€175-€2,912▼
Appropriation of the result
Profit (loss) to be appropriated9906-€18,705-€21,617▼
Profit (loss) brought forward from the previous period14P-€18,880-€18,705▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€341€567▲ 66.1%
Other operating charges640/8--€348€960€968▲ 0.8%
Gross operating margin9900-€3,820-€4,262-€3,205-€3,154-€1,198▲ 62.0%
Operating profit (loss)9901-€4,168-€4,262-€3,553-€4,456-€2,733▲ 38.7%
Financial income75/76B-€3,097€5,155€4,860--
Recurring financial income75-€3,097€5,155€4,860--
Financial charges65/66B-€68€179€229€179▼ 21.8%
Recurring financial charges65-€68€179€229€179▼ 21.8%
Profit (loss) for the period before taxes9903-€4,168-€1,233€1,424€175-€2,912▼ 1,760%
Profit (loss) for the period9904-€4,168-€1,233€1,424€175-€2,912▼ 1,760%
Profit (loss) for the period to be appropriated9905-€4,168-€1,233€1,424€175-€2,912▼ 1,760%
Line20202021202220232024Change
Assets
Total assets20/58€603,741€2.0m€2.2m€2.2m€2.2m▼ 2.4%
Fixed assets21/28€576,641€1.4m€1.4m€1.4m€1.4m=
Tangible fixed assets22/27---€21,873€21,306▼ 2.6%
Land and buildings22---€21,873€21,306▼ 2.6%
Financial fixed assets28€576,641€1.4m€1.4m€1.4m€1.4m=
Current assets29/58€27,101€629,364€854,798€841,958€789,051▼ 6.3%
Amounts receivable within one year40/41€27,101€613,099€700,099€832,535€782,535▼ 6.0%
Other amounts receivable41-€613,099€700,099€832,535€782,535▼ 6.0%
Cash at bank and in hand54/58-€15,395€152,343€5,917€3,010▼ 49.1%
Deferred charges and accrued income490/1-€871€2,356€3,506€3,506=
Equity and liabilities
Total equity and liabilities10/49€603,741€2.0m€2.2m€2.2m€2.2m▼ 2.4%
Equity10/15€566,155€564,922€566,346€566,521€563,609▼ 0.5%
Contributions10/11€297,472€297,472€297,472€297,472€297,472=
Capital10-€297,472€297,472€297,472€297,472=
Issued capital100-€297,472€297,472€297,472€297,472=
Reserves13€287,753€287,753€287,753€287,753€287,753=
Non-distributable reserves130/1-€17,115€17,115€17,115€17,115=
Legal reserve130-€17,115€17,115€17,115€17,115=
Distributable reserves133-€270,638€270,638€270,638€270,638=
Profit (loss) carried forward14-€19,070-€20,304-€18,880-€18,705-€21,617▼ 15.6%
Amounts payable17/49€37,586€1.4m€1.7m€1.7m€1.6m▼ 3.0%
Amounts payable after more than one year17-€440,000€415,000€415,000€365,000▼ 12.0%
Other amounts payable178/9-€440,000€415,000€415,000€365,000▼ 12.0%
Amounts payable within one year42/48€37,586€1.0m€1.3m€1.3m€1.3m=
Trade debts44€6,100€3,598€4,609€6,466€5,904▼ 8.7%
Suppliers440/4-€3,598€4,609€6,466€5,904▼ 8.7%
Other amounts payable47/48-€1.0m€1.3m€1.3m€1.3m=
Line20202021202220232024Change
Profit (loss) for the period9904-€4,168-€1,233€1,424€175-€2,912▼ 1,760%
+ Depreciation and write-downs630---€341€567▲ 66.1%
Operating cash flow (approximation)-€4,168-€1,233€1,424€517-€2,345▼ 554%
Investment in fixed assets (approximation)--€807,643€0-€22,215€0▲ 100%
Change in cash--€136,949-€146,427-€2,907▲ 98.0%

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

2025
04-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 126 days late
2024
31-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 92 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
31-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 396 days late
2022
31-12
Financial Back to profitnet €1,424
Net result €1,424 after 2 loss-making years.
04-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 157 days late
2020
31-12
Financial Weakest financial yearnet -€4,168
Net result drops to -€4,168, the lowest in the series; recovery starts the following year.
10-12
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 132 days late
2019
31-12
Financial Back to profitnet €831
Net result €831 after one loss-making year.
30-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-10
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
295 m²
Building footprint
222 m²
Volume, LiDAR
2,592 m³
Parcel 21673D0154/00D035, Brussels · tallest building 19.4 m, ±4 floors. Linked by address, not a title deed.
14 companies at this address See who is registered here
1 establishment unit
LUAX
Brand Whitlocklaan 132, 1200 Sint-Lambrechts-WoluweHoldings
since 20162.347.984.275
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21673D0154/00D035 Brussels 295 m² 1 · 222 m² 19.4 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.

Structure & network

Owners and holdings

9 holdings · 7 subsidiaries in the tree

Owners 0

The accounts to 31-12-2023 list no shareholders, and no other source names one.

Holdings 9

All subsidiaries, including indirect ones 7

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2023 annual accounts of LUAX and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded24-02-2016
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0648943361
Also 9925:BE0648943361
Registered 05-12-2025

Register as of 28 September 2026 · Peppol Directory

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