Equity
-€23,135
Debts exceed assets in financial year 2025.
LUBA DEV
Lifetime
9 annual accounts with figures on one time axispeak €20,066 (2019)
€3,147▲ 238%
lowest -€23,695 (2020)
-€3,753▲ €2,226
peak €22,758 (2019)
-€23,135▼ €3,753
€35,285▼ 7.3%
Board1 name since 2017
1 directorBARBIER Luc Marie Jean Ghislain
Documentsfilings and deeds
17-07-202614 days before the deadline
2025abbreviated format
Gross margin from €930 to €3,147Loss of €3,753Equity from -€19,382 to -€23,135Cash from €2,140 to €964
Key points
from the 2025 annual accountsLosses
-€9,732 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Turnover
≈ €22,000 estimated
The accounts state no turnover.
Debts
€35,285 290% of the balance sheet
Suppliers 6%Taxes and wages 1%Other 92%
Filings
9 annual accounts 1 late
The 2017 accounts came 48 days late. The other eight were filed on time.
Position in the sector
-190.4%
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 46.4% · 3,407 companies.
Checked score
53
Fair
Financially stronger than 13% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025lowest value
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.2 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%▼ -0.1 percentage points vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.3%▼ -0.2 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€23,135
Loss of €3,753, the second in a row (financial year 2025)
lowers risk
Size: total assets €12,150
Sector: Computer programming, consultancy and related activities (NACE 62)
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 62, micro). It does better than 3% of them on solvency, 4% on liquidity, 21% on profitability and 25% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 6,008 companies had the same profile as LUBA DEV has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LUBA DEV itself is lower: 0.3% within 12 months. It rests on far more data about LUBA DEV than the profile alone.
Test of the method
The method was tested on the 497,448 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.
| 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 6,008 companies, not a prediction for LUBA DEV. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.13 (0.14 in 2024), below 1. Short-term debt is 290.4% and cash 7.9% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€23,135
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 17-07-2026, 14 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
14 days early
2024
3 days early
2023
41 days early
2022
28 days early
2021
25 days early
2020
51 days early
2019
45 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0674520083
Change of role: BARBIER Luc Marie Jean Ghislain, from sole manager to sole director
Permanent representative: BARBIER Luc Marie Jean Ghislain · Director discharge: BARBIER Luc Marie Jean Ghislain · Gazette deed
Incorporation
Capital contribution of €62,000 · Contribution: BARBIER Luc Marie Jean Ghislain · Appointment: BARBIER Luc Marie Jean Ghislain (manager) · published on 18-04-2017 · Gazette deed
First establishment
Rue de Forêt 68, Namur
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as LUBA DEV: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €9,440 and €16,600, founded between 2013 and 2019.
Official details
Source: KBO- Status
- Active since 13-04-2017Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.263.393.3475000 Namur, since 13-04-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 12-02-2026
Annual accounts 2025
- €12,150▼ 35.0%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on LUBA DEV
LUBA DEV files the abbreviated format. That format states no turnover. The gross margin fell from €14,282 in 2017 to €3,147 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LUBA DEV
- What is the company number of LUBA DEV?
- The company number of LUBA DEV is 0674.520.083. The VAT number is the same number with BE in front: BE 0674.520.083.
- Where is LUBA DEV based?
- The registered office is at Rue de Forêt 68, 5000 Namur.Company details
- What does LUBA DEV do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of LUBA DEV?
- LUBA DEV is a private limited company (BV).
- When was LUBA DEV founded?
- LUBA DEV was founded on 13-04-2017.
- Is LUBA DEV still active?
- Yes, LUBA DEV is an active enterprise in the KBO register.
- What is the turnover of LUBA DEV?
- The turnover in financial year 2025 is ≈ €22,000. This figure is estimated from the gross margin of €3,147 and 44 comparable companies (NACE 62200). It probably lies between €10,000 and €67,000. It is a rough estimate.Financials
- Is LUBA DEV profitable?
- In financial year 2025, LUBA DEV made a loss of €3,753.
- Where can I find the annual accounts of LUBA DEV?
- LUBA DEV filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LUBA DEV due?
- LUBA DEV must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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