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LUC DESWARTE

Active
Public limited companyfounded 1999active for 27 yearsKortrijkstraat 214, 8560 Wevelgem, BelgiumKBO/BCE: BE 0465.878.132

From the official registers: KBO 27 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

LUC DESWARTE has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €818,866 and a net result of €37,347, of which €35,000 non-recurring income. Equity has been growing by about 5.5% per year since 2018. Its solvency ranks better than 92% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 14-04-1999 Normal situation
Activity
Joinery installation NACE 43320and 1 other
Establishment unit
2.091.126.988 8560 Wevelgem, since 27-05-1999
Financial year end
31 December
Peppol
Reachable since 26-12-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€59,667
▲ 104%
Turnover
≈ €260,000
estimated
Profit
€37,347
▲ 107%
Equity
€818,866
▲ 4.8%
Total assets
€945,868
▲ 3.4%
Filed on 07-07-2026, 24 days before the deadlineat the National Bank
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 6.25, cash €409,153Equity €818,866 (86.6% of total assets)Founded in 1999Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 86.6% of total assets
Liquidity 100+43
short-term debt 8.2% · cash 43.3%
Profitability 74+28
return on assets 3.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.3%▼ -0.1 percentage points vs 12-2024 02-2025: 0.4%▲ +0.1 percentage points vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025highest value 06-2025: 0.1%▼ -0.3 percentage points vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%▼ -0.1 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: < 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.25 (8.53 in 2024), above the usual 1.5. Short-term debt is 8.2% and cash 43.3% of total assets. 13.4% of the assets are financed with debt and provisions.
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 43, micro). It does better than 90% of them on solvency, 98% on liquidity, 46% on profitability and 46% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 6.25, cash €409,153
NBB · annual accounts
lowers risk · Equity €818,866 (86.6% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
16 days late
2023
21 days late
2022
31 days late
2021
3 days early
2020
30 days late
2019
31 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 15 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 16 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 92% of companies in specialised constructionsector median 44.0% · 9,883 companies 86.6% View
  • Positive: 5 profitable years in a rowprofit 2025: €37,347, mostly one-off 5 years View

Comparable companies

These companies have the same main activity as LUC DESWARTE: joinery installation (NACE 43320). They are comparable in size and age: total assets between €666,000 and €1.1m, founded between 1990 and 2001.

CompanyTotal assetsGross margin
LUC DESWARTE Wevelgem€0.9m€0.06m
DEVA Dilsen-Stokkem€1.0m€0.05m
P.P.C. PARACHEVEMENT Mons€0.8m€0.06m
EBANISTA Westerlo€1.1m€0.07m
Q - LINAIR Anzegem€0.7m€0.06m
L'istoire Brugge€1.0m€0.06m
ATRIOS Zwevegem€0.7m€0.06m
Full comparison

Documents

Annual accounts at the NBB

All 27 annual accounts

Articles and registers

Key facts about LUC DESWARTE

What is the company number of LUC DESWARTE?
The company number of LUC DESWARTE is 0465.878.132. The VAT number is the same number with BE in front: BE 0465.878.132.
Where is LUC DESWARTE based?
The registered office is at Kortrijkstraat 214, 8560 Wevelgem.Company details
What does LUC DESWARTE do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of LUC DESWARTE?
The legal form of LUC DESWARTE is Public limited company (NV).
When was LUC DESWARTE founded?
LUC DESWARTE was founded on 14-04-1999.
Is LUC DESWARTE still active?
Yes, LUC DESWARTE is an active enterprise in the KBO register.
How many employees does LUC DESWARTE have?
LUC DESWARTE had an average of 2.4 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of LUC DESWARTE?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €59,667 and 48 comparable companies (NACE 43320). It probably lies between €170,000 and €380,000.
Is LUC DESWARTE profitable?
In financial year 2025, LUC DESWARTE made a profit of €37,347.
Where can I find the annual accounts of LUC DESWARTE?
LUC DESWARTE filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of LUC DESWARTE due?
LUC DESWARTE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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