Equity
€2.7m ▼ 19.0%
Limburgse Urethane Castings paid out €2.5m in dividends. That is 135% of the 2025 profit.
Limburgse Urethane Castings
Lifetime
20 annual accounts with figures on one time axis, 33 filings since 1993peak €3.7m (2025)
€3.7m▲ 44.7%
lowest -€76,221 (2020)
€1.9m▲ 72.1%
peak €3.4m (2024)
€2.7m▼ 19.0%
€3.2m▲ 156%
peak 25.5 FTE (2007)
17.6 FTE▲ 14.3%
Board3 names since 2020
3 directorsEUROLUC and 2 others
Owners2 names in the annual accounts
99.93%GLOBALUC
Documentsfilings and deeds
22-07-20269 days before the deadline
2025financial year
Gross margin from €2.5m to €3.7mResult from €1.1m to €1.9mStaff from 15.4 FTE to 17.6 FTEDividend €2.5mEquity from €3.4m to €2.7mDebts from €1.3m to €3.2m
Key points
from the 2025 annual accountsResult
€1.9m ▲ 72.1%
The result rose in 2025: different schema filed.
Investments
€461,277 2.1 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 18.5% higher than in 2024.
Staff
17.6 FTE from 25.5 in 2007
Between 2007 and 2025, 31% of the full-time equivalents disappeared.
Liquidity
1.28 was 2.79 in 2024
Short-term debts rose from €1.0m to €3.0m.
Filings
33 annual accounts since 1993
Five of the last ten came late. The 2018 accounts came latest: 28 days after the end of the period.
Checked score
92
Excellent
Financially stronger than 45% of small companies in chemicals (NACE 20)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 147 companies (NACE 20, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.2 percentage points vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.28, cash €405,172
lowers risk
Founded in 1992
Profit of €1.9m (financial year 2025)
Figures for financial year 2025 (filed on 22-07-2026)
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 20, small). It does better than 42% of them on solvency, 23% on liquidity, 98% on profitability and 19% on growth.
The bankruptcy probability was computed on 08-11-2026 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, 20,137 companies had the same profile as Limburgse Urethane Castings has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of Limburgse Urethane Castings itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 20,137 companies, not a prediction for Limburgse Urethane Castings. 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
Credit of up to €250,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.28 (2.79 in 2024), below the usual 1.5. Short-term debt is 50.9% and cash 6.8% of total assets. 54% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 days early
2024
14 days late
2023
20 days late
2022
3 days early
2021
11 days late
2020
3 days early
2019
13 days late
← 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 6 days after the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% 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 11 August (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
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- EUROLUC 99.93%score 95equity €2.7m (2025) · 2023 annual accounts of EUROLUC
- GLOBALUC 99.93%equity €20.1m (2025) · 2025 annual accounts of GLOBALUC
Recent changes
2 directors appointed, 1 resignation
Change of role: WINKENS Suzanne, Anna, Louise Maria, from director to managing director · Resignation: EUROLUC (managing director) · Appointments: EUROLUC (managing director) and PMC HOLDING (managing director) · General meeting of 28-12-2023 · Gazette deed
2 directors reappointed
NV EUROLUC (bestuurder,gedelegeerdbestuurderenvoorzittervanderaadvanbestuur) and Suzanne WINKENS · Permanent representative: Charles KRUTZEN · General meeting of 24-07-2020 · Gazette deed
First establishment
L.U.C. NV, Slakweidestraat 18, Maasmechelen
Incorporation
published on 02-06-1992 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Limburgse Urethane Castings Maasmechelen | €6.0m | €3.7m | 46.0% | 17.6 |
| BEOLOGIC Zwevegem | €4.7m | €2.2m | 21.0% | 23.2 |
| TREATEX Genk | €12.1m | €5.0m | 57.5% | 8.5 |
| Pirobouw Schoten | €4.5m | €1.6m | 61.6% | 7.8 |
| Loomans Technics Pelt | €3.4m | €1.7m | 40.8% | 13.4 |
| RUNLITE Soumagne | €1.6m | €0.7m | -8.1% | 10.8 |
| POLYMER TEAM Tessenderlo-Ham | €25.3m | - | 40.6% | 21.8 |
These companies have the same main activity as Limburgse Urethane Castings: manufacture of chemicals and chemical products (NACE 20160). They are comparable in size and age: total assets between €1.6m and €25m, founded between 1969 and 2011.
Official details
Source: KBO- Status
- Active since 12-05-1992Normal situation
- Activity
- Manufacture of chemicals and chemical productsNACE 20160and 1 other
- Joint committees
- 116Chemical industry
- 207White-collar workers in the chemical industry · annual accounts 2025
- Establishment unit
- 2.057.845.4963630 Maasmechelen, since 16-06-1992
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €6.3mestimated
- €6.0m▲ 28.3%
- Employeeson 31-12-2025
- 19▲ 11.8%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on Limburgse Urethane Castings
Limburgse Urethane Castings has existed since 1992. The gross margin grew from €1.7m in 2006 to €3.7m in 2025, while staff fell from 23.6 to 17.6 full-time equivalents.
The gross margin has grown every year since 2020. Solvency fell in 2025 from 72.9% to 46.0% because of the dividend.
EUROLUC holds all the shares. In January 2024, the Official Gazette published the appointment of EUROLUC as managing director.
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 Limburgse Urethane Castings
- What is the company number of Limburgse Urethane Castings?
- The company number of Limburgse Urethane Castings is 0447.377.856. The VAT number is the same number with BE in front: BE 0447.377.856.
- Where is Limburgse Urethane Castings based?
- The registered office is at Slakweidestraat 18, 3630 Maasmechelen.Company details
- What does Limburgse Urethane Castings do?
- According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20160).
- What is the legal form of Limburgse Urethane Castings?
- Limburgse Urethane Castings is a public limited company (NV).
- When was Limburgse Urethane Castings founded?
- Limburgse Urethane Castings was founded on 12-05-1992.
- Is Limburgse Urethane Castings still active?
- Yes, Limburgse Urethane Castings is an active enterprise in the KBO register.
- How many employees does Limburgse Urethane Castings have?
- Limburgse Urethane Castings had an average of 17.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Limburgse Urethane Castings fall under?
- In its 2025 annual accounts, Limburgse Urethane Castings states joint committees 116 (Chemical industry) and 207 (White-collar workers in the chemical industry).
- What is the turnover of Limburgse Urethane Castings?
- The turnover in financial year 2025 is ≈ €6.3m. This figure is estimated from the gross margin of €3.7m and 1,585 comparable companies of the same size. It probably lies between €4.3m and €10.0m. It is a rough estimate.
- Is Limburgse Urethane Castings profitable?
- In financial year 2025, Limburgse Urethane Castings made a profit of €1.9m.
- Where can I find the annual accounts of Limburgse Urethane Castings?
- Limburgse Urethane Castings filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Limburgse Urethane Castings due?
- Limburgse Urethane Castings must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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