Lubo
ActiveLubo has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138k and a net result of €16k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 61% of 7311 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +17 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▲+7
Solvency97▲+3
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 8.25 against 5.96 in 2024), and 46% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54%
Return on assets
6.2%
Age of the figures
8 mo
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 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
20 d early
2023
57 d early
2022
84 d early
2021
54 d early
2020
89 d early
2019
56 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€138k▲ 12.9%
2024 · €122k
2018: €90k
2019: €106k
2020: €126k
2021: €121k
2022: €124k
2023: €127k
2024: €122k
2018 → 2025
Total assets
€255k▲ 1.6%
2024 · €252k
2018: €90k
2019: €112k
2020: €131k
2021: €294k
2022: €271k
2023: €287k
2024: €252k
2018 → 2025
Net result
€16k▲ 28.0%
2024 · €12k
2018: €13k
2019: €16k
2020: €20k
2021: €-5k
2022: €3k
2023: €23k
2024: €12k
2018 → 2025
Working capital
€90k▲ 23.6%
2024 · €73k
2018: €86k
2019: €104k
2020: €124k
2021: €79k
2022: €83k
2023: €76k
2024: €73k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€121k-€124k▲ 2.5%€127k▲ 2.4%€122k▼ 3.8%€138k▲ 12.9%
Operating result€-3k-€6k€27k▲ 373%€18k▼ 34.5%€24k▲ 31.4%
Net result€-5k-€3k€23k▲ 640%€12k▼ 45.8%€16k▲ 28.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 31% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €255k
Fixed assets
€153k▼ 6.7%
Current assets
€102k▲ 17.0%
Equity and liabilities €255k
Equity
€138k▲ 12.9%
Debt
€118k▼ 9.2%
The debt ratio falls from 51.5% to 46.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€35k▲
2024 · €29k
Cash flow
€27k▲
2024 · €23k
Solvency
54.0%▲
2024 · 48.5%
Current ratio
8.25▲
2024 · 5.96
Quick ratio
8.25▲
2024 · 5.96
Debt / equity
0.85▼
2024 · 1.06
ROE
11.4%▲
2024 · 10.1%
ROA
6.2%▲
2024 · 4.9%
Interest coverage
17.06▲
2024 · 13.47
Debt
€118k▼
2024 · €129k
Debt ≤ 1 year
€12k▼
2024 · €15k
Debt > 1 year
€105k▼
2024 · €115k
Income taxes
€6k▲
2024 · €4k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€252k€255k▲
Fixed assets21/28€164k€153k▼
Tangible fixed assets22/27€164k€153k▼
Land and buildings22€155k€146k▼
Plant, machinery and equipment23€9k€7k▼
Current assets29/58€87k€102k▲
Amounts receivable within one year40/41€6k€6k▼
Trade receivables40€576€576=
Other amounts receivable41€5k€5k▼
Cash at bank and in hand54/58€79k€93k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€252k€255k▲
Equity10/15€122k€138k▲
Contributions10/11€6k€6k=
Reserves13€116k€132k▲
Distributable reserves133€116k€132k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€129k€118k▼
Amounts payable after more than one year17€115k€105k▼
Financial debts170/4€115k€105k▼
Amounts payable within one year42/48€15k€12k▼
Current portion of amounts payable after more than one year42€9k€10k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€2k€404▼
Taxes450/3€2k€404▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€4k€1k▼
Gross operating margin9900€33k€36k▲
Operating profit (loss)9901€18k€24k▲
Financial income75/76B€29€101▲
Recurring financial income75€29€101▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€16k€22k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€12k€16k▲
Profit (loss) for the period to be appropriated9905€12k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€16k▲
Transfer from equity791/2€17k€0▼
Transfer to equity691/2€12k€16k▲
To other reserves6921€12k€16k▲
Profit to be distributed694/7€17k€0▼
Return on contributions (dividend)694€17k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €23k ▲640%
Net result €23k, the highest in the series.
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 7.32
Current ratio from 3.60 to 7.32; short-term debt falls from €30k to €13k.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-5k ▼125%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
03-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €106k ▲17.9%
2 profitable years in a row build equity to €106k.
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Heist-op-den-Berg · 1 establishment unit since 2012
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.
Mechelbaan 1252220 Heist-op-den-BergGround area
1,018 m²
Building footprint
176 m²
Volume, LiDAR
736 m³
Parcel 12322H0259/00G000, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Lubo Bvba
since 20122.206.411.884
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322H0259/00G000 | Flanders | 1,018 m² | 1 · 176 m² | 6.7 m · 1 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.
Similar companies · same sector, comparable size
RESTIZO
BE 0730.759.693
Etterbeek · Eq €138k
Cobouw
BE 0479.116.256
Zwevegem · Eq €138k
STJ RENOV
BE 0665.623.601
Awans · Eq €138k
AGT Iso-Construct
BE 0734.968.505
Charleroi · Eq €138k
BINCHE CONSTRUCT
BE 0661.981.151
Binche · Eq €138k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 12,646 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-2012
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43110Demolition
43910Bricklaying and masonry work
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.