LUC BLYAERT
ActiveThe annual accounts of LUC BLYAERT for fiscal year 2025 show a net loss of 87% of total assets and of 64% of the equity at the start of that year. The 2025 annual accounts show equity of €11k and a net result of €-20k. Equity is shrinking by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 163 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency73▼-23
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.63 against 3.1 in 2024; short-term debt: 50.6% and cash: 48.7% of total assets), but 51.9% 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
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 2025Solvency, return and age of the figures
Solvency
48.1%
Return on assets
-86.7%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 60
Relative position
BE, all sectors
reference
Sector 60
lower
← fewer bankruptcies
more bankruptcies →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
6 d early
2023
6 d early
2022
48 d early
2021
46 d early
2020
36 d early
2019
35 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k▼ 64.3%
2024 · €31k
2018: €23k
2019: €35k
2020: €13k
2021: €1k
2022: €10k
2023: €9k
2024: €31k
2018 → 2025
Total assets
€23k▼ 47.1%
2024 · €43k
2018: €46k
2019: €45k
2020: €16k
2021: €9k
2022: €18k
2023: €25k
2024: €43k
2018 → 2025
Net result
€-20k
2024 · €22k
2018: €14k
2019: €12k
2020: €-22k
2021: €-12k
2022: €9k
2023: €-2k
2024: €22k
2018 → 2025
Working capital
€7k▼ 72.0%
2024 · €26k
2018: €21k
2019: €35k
2020: €14k
2021: €-586
2022: €7k
2023: €6k
2024: €26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1k-€10k▲ 824%€9k▼ 14.7%€31k▲ 254%€11k▼ 64.3%
Operating result€-12k-€10k€-758€25k€-18k
Net result€-12k-€9k€-2k€22k€-20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €25k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23k
Fixed assets
€4k▼ 16.7%
Current assets
€19k▼ 50.9%
Equity and liabilities €23k
Equity
€11k▼ 64.3%
Debt
€12k▼ 4.1%
The debt ratio rises from 28.7% to 51.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-16k▼
2024 · €27k
Cash flow
€-18k▼
2024 · €24k
Solvency
48.1%▼
2024 · 71.3%
Current ratio
1.63▼
2024 · 3.10
Quick ratio
1.63▼
2024 · 3.10
Debt / equity
1.08▲
2024 · 0.40
ROE
-180.4%▼
2024 · 71.8%
ROA
-86.7%▼
2024 · 51.2%
Interest coverage
-9.94▼
2024 · 21.93
Debt
€12k▼
2024 · €12k
Debt ≤ 1 year
€12k▼
2024 · €12k
Income taxes
€129▼
2024 · €2k
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€43k€23k▼
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€5k€4k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€721€2k▲
Current assets29/58€38k€19k▼
Amounts receivable within one year40/41€11k€7k▼
Trade receivables40€9k€7k▼
Other amounts receivable41€2k€0▼
Cash at bank and in hand54/58€27k€11k▼
Deferred charges and accrued income490/1€562€990▲
Equity and liabilities
Total equity and liabilities10/49€43k€23k▼
Equity10/15€31k€11k▼
Contributions10/11€6k€6k=
Reserves13€25k€5k▼
Distributable reserves133€25k€5k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€12k€12k▼
Amounts payable within one year42/48€12k€12k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€9k€7k▼
Taxes450/3€9k€7k▼
Remuneration and social security454/9€724€0▼
Other amounts payable47/48-€599
Accrued charges and deferred income492/3-€300
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€28k€-15k▼
Operating profit (loss)9901€25k€-18k▼
Financial income75/76B€131€33▼
Recurring financial income75€131€33▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€24k€-20k▼
Income taxes67/77€2k€129▼
Profit (loss) for the period9904€22k€-20k▼
Profit (loss) for the period to be appropriated9905€22k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€-20k▼
Profit (loss) brought forward from the previous period14P€482€0▼
Transfer from equity791/2-€20k
Transfer to equity691/2€23k€0▼
To other reserves6921€23k€0▼
The notes to these accounts (7 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 3.10
Current ratio from 1.41 to 3.10; short-term debt falls from €16k to €12k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.13
Current ratio from 0.92 to 2.13; short-term debt falls from €7k to €7k.
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-22k ▼281%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 4.67
Current ratio from 1.90 to 4.67; short-term debt falls from €23k to €9k.
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
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
1 act for this company is 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, Leuven · 1 establishment unit since 2001
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.
Waversebaan 1363001 LeuvenGround area
543 m²
Building footprint
111 m²
Volume, LiDAR
804 m³
Parcel 24434F0247/00S012, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Waversebaan 136, 3001 Leuven
since 20012.100.302.297
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24434F0247/00S012 | Flanders | 543 m² | 1 · 111 m² | 11.8 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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Of 720 companies in sector 60310 we hold annual accounts for 157. 79 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-04-2001
Fiscal year end31-12
Activities, NACEBEL
60310News agency activities
63910Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.