LUBRI GROUP
ActiveLUBRI GROUP has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €418k and a net result of €55k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 43% of 307 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+67
Solvency69▲+10
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 5.73 against 4.16 in 2023; short-term debt: 15.5% and cash: 4.5% of total assets), but 56.4% 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
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Sector 20
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d late
2023
29 d early
2022
32 d late
2021
5 d early
2020
144 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€55k
2023 · €-83k
2018: €103k
2019: €100k
2020: €539k
2021: €-25k
2022: €-233k
2023: €-83k
2018 → 2024
Working capital
€705k▲ 2.5%
2023 · €688k
2018: €658k
2019: €858k
2020: €1.30M
2021: €1.17M
2022: €890k
2023: €688k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€705k-€680k▼ 3.5%€447k▼ 34.3%€363k▼ 18.7%€418k▲ 15.2%
Operating result€685k-€27k▼ 96.1%€-218k€-72k▲ 67.0%€55k
Net result€539k-€-25k€-233k▼ 842%€-83k▲ 64.2%€55k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €55k after a loss of €72k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €960k
Fixed assets
€105k▼ 36.9%
Current assets
€855k▼ 5.6%
Equity and liabilities €960k
Equity
€418k▲ 15.2%
Debt
€541k▼ 23.7%
The debt ratio falls from 66.1% to 56.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€108k▲
2023 · €-9k
Cash flow
€109k▲
2023 · €-20k
Solvency
43.6%▲
2023 · 33.9%
Current ratio
5.73▲
2023 · 4.16
Quick ratio
2.82▲
2023 · 1.84
Debt / equity
1.29▼
2023 · 1.95
ROE
13.2%▲
2023 · -23.0%
ROA
5.8%▲
2023 · -7.8%
Interest coverage
78.56▲
2023 · -0.78
Debt
€541k▼
2023 · €709k
Debt ≤ 1 year
€149k▼
2023 · €218k
Debt > 1 year
€392k▼
2023 · €492k
Income taxes
€917▼
2023 · €2k
Staff costs
€315k▼
2023 · €365k
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€1.07M€960k▼
Fixed assets21/28€167k€105k▼
Intangible fixed assets21€20k€12k▼
Tangible fixed assets22/27€147k€93k▼
Land and buildings22€70k€52k▼
Plant, machinery and equipment23€12k€7k▼
Furniture and vehicles24€65k€34k▼
Current assets29/58€906k€855k▼
Stocks and contracts in progress3€506k€434k▼
Stocks30/36€506k€434k▼
Amounts receivable within one year40/41€373k€368k▼
Trade receivables40€368k€222k▼
Other amounts receivable41€5k€146k▲
Current investments50/53-€3k
Cash at bank and in hand54/58€9k€43k▲
Deferred charges and accrued income490/1€18k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.07M€960k▼
Equity10/15€363k€418k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€295k€350k▲
Amounts payable17/49€709k€541k▼
Amounts payable after more than one year17€492k€392k▼
Financial debts170/4€12k€2k▼
Other amounts payable178/9€480k€390k▼
Amounts payable within one year42/48€218k€149k▼
Current portion of amounts payable after more than one year42€20k€10k▼
Trade debts44€126k€70k▼
Suppliers440/4€126k€70k▼
Taxes, remuneration and social security45€36k€62k▲
Taxes450/3€1k€14k▲
Remuneration and social security454/9€35k€48k▲
Other amounts payable47/48€36k€8k▼
Income statement
Code20232024
Remuneration, social security and pensions62€365k€315k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€54k▼
Other operating charges640/8€21k€22k▲
Non-recurring operating charges66A€12k-
Gross operating margin9900€390k€445k▲
Operating profit (loss)9901€-72k€55k▲
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€11k€1k▼
Recurring financial charges65€11k€1k▼
Profit (loss) for the period before taxes9903€-82k€56k▲
Income taxes67/77€2k€917▼
Profit (loss) for the period9904€-83k€55k▲
Profit (loss) for the period to be appropriated9905€-83k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€295k€350k▲
Profit (loss) brought forward from the previous period14P€379k€295k▼
Social balance
Average headcount (FTE)90875.85.1▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 42 days late
2024
31-12
Financial
Back to profitnet €55k
Net result €55k after 3 loss-making years.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €-233k
Net result drops to €-233k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
09-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €539k ▲440%
Operating result €685k, net result €539k, both a record.
31-12
Financial
Equity above €500kEq €705k ▲220%
3 profitable years in a row build equity to €705k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Equity above €200kEq €221k ▲29.2%
2 profitable years in a row build equity to €221k.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
07-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Verviers · 1 establishment unit since 1981
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.
Rue de l' Est 174800 VerviersGround area
2,548 m²
Building footprint
1,549 m²
Volume, LiDAR
8,342 m³
Parcel 63572C0042/00B005, Wallonia · tallest building 12.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de l' Est 17, 4800 Verviers
since 19812.018.966.710
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63572C0042/00B005 | Wallonia | 2,548 m² | 1 · 1,549 m² | 12.8 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.
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ZENTECH
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Of 230 companies in sector 20590 we hold annual accounts for 169. 81 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-06-1981
Fiscal year end31-12
Activities, NACEBEL
20412Manufacture of chemicals and chemical products
20590Manufacture of chemicals and chemical products
24512
24660
46496Wholesale trade
46851Wholesale of industrial chemicals
51476
51550
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@lubri-asept.com
Phone:087/315030
Fax:087311308