LUC & DIRK MAES
ActiveLUC & DIRK MAES has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €980k and a net result of €23k. Equity is growing by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 992 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
83
/ 100
Excellent▼ -11 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability12▼-19
Solvency99▼-1
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 2.65 against 3.06 in 2023), and 41.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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 2024Solvency, return and age of the figures
Solvency
58.2%
Return on assets
1.4%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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
68 d late
2023
68 d late
2022
69 d late
2021
76 d late
2020
89 d late
2019
108 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€980k▼ 9.0%
2023 · €1.08M
2018: €897k
2019: €963k
2020: €1.00M
2021: €1.07M
2022: €1.01M
2023: €1.08M
2018 → 2024
Total assets
€1.68M▲ 0.3%
2023 · €1.68M
2018: €1.25M
2019: €1.20M
2020: €1.35M
2021: €1.46M
2022: €1.59M
2023: €1.68M
2018 → 2024
Net result
€23k▼ 65.2%
2023 · €67k
2018: €54k
2019: €66k
2020: €37k
2021: €71k
2022: €40k
2023: €67k
2018 → 2024
Working capital
€970k▼ 5.2%
2023 · €1.02M
2018: €856k
2019: €892k
2020: €923k
2021: €1.02M
2022: €942k
2023: €1.02M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.00M-€1.07M▲ 7.1%€1.01M▼ 5.7%€1.08M▲ 6.6%€980k▼ 9.0%
Operating result€62k-€102k▲ 65.5%€52k▼ 48.8%€95k▲ 82.2%€48k▼ 49.6%
Net result€37k-€71k▲ 91.2%€40k▼ 44.2%€67k▲ 67.1%€23k▼ 65.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 50% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.68M
Fixed assets
€127k▼ 20.3%
Current assets
€1.56M▲ 2.5%
Equity and liabilities €1.68M
Equity
€980k▼ 9.0%
Provisions
€98k=
Debt
€607k▲ 20.4%
The debt ratio rises from 30.0% to 36.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€84k▼
2023 · €134k
Cash flow
€59k▼
2023 · €105k
Solvency
58.2%▼
2023 · 64.2%
Current ratio
2.65▼
2023 · 3.06
Quick ratio
1.67▼
2023 · 1.85
Debt / equity
0.62▲
2023 · 0.47
ROE
2.4%▼
2023 · 6.2%
ROA
1.4%▼
2023 · 4.0%
Interest coverage
4.01▼
2023 · 14.13
Debt
€607k▲
2023 · €504k
Debt ≤ 1 year
€588k▲
2023 · €497k
Income taxes
€10k▼
2023 · €27k
Staff costs
€278k▼
2023 · €294k
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€1.68M€1.68M▲
Fixed assets21/28€159k€127k▼
Tangible fixed assets22/27€158k€126k▼
Land and buildings22€88k€84k▼
Plant, machinery and equipment23€47k€26k▼
Furniture and vehicles24€22k€16k▼
Financial fixed assets28€766€766=
Current assets29/58€1.52M€1.56M▲
Stocks and contracts in progress3€599k€575k▼
Stocks30/36€599k€575k▼
Amounts receivable within one year40/41€632k€596k▼
Trade receivables40€621k€576k▼
Other amounts receivable41€11k€20k▲
Cash at bank and in hand54/58€282k€387k▲
Deferred charges and accrued income490/1€6k€0▼
Equity and liabilities
Total equity and liabilities10/49€1.68M€1.68M▲
Equity10/15€1.08M€980k▼
Contributions10/11€62k€62k=
Reserves13€1.02M€918k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1.02M€918k▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€98k€98k=
Provisions for liabilities and charges160/5€98k€98k=
Pensions and similar obligations160€98k€98k=
Amounts payable17/49€504k€607k▲
Amounts payable within one year42/48€497k€588k▲
Trade debts44€107k€65k▼
Suppliers440/4€107k€65k▼
Advances received on contracts in progress46€64k€64k▼
Taxes, remuneration and social security45€101k€87k▼
Taxes450/3€47k€39k▼
Remuneration and social security454/9€54k€48k▼
Other amounts payable47/48€225k€373k▲
Accrued charges and deferred income492/3€7k€19k▲
Income statement
Code20232024
Non-recurring operating income76A€13k€1k▼
Remuneration, social security and pensions62€294k€278k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€36k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€6k€1k▼
Other operating charges640/8€8k€8k▲
Gross operating margin9900€442k€372k▼
Operating profit (loss)9901€95k€48k▼
Financial income75/76B€8k€6k▼
Recurring financial income75€8k€6k▼
Financial charges65/66B€9k€21k▲
Recurring financial charges65€9k€21k▲
Profit (loss) for the period before taxes9903€94k€33k▼
Income taxes67/77€27k€10k▼
Profit (loss) for the period9904€67k€23k▼
Profit (loss) for the period to be appropriated9905€67k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€67k€23k▼
Transfer from equity791/2€0€120k▲
Transfer to equity691/2€67k€23k▼
To other reserves6921€67k€23k▼
Profit to be distributed694/7€0€120k▲
Return on contributions (dividend)694€0€120k▲
Social balance
Average headcount (FTE)90875.14.3▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 68 days late
2024
31-12
Financial
Weakest financial yearnet €23k ▼65.2%
Net result drops to €23k, the lowest in the series.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 days late
2023
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 69 days late
2022
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 76 days late
2021
31-12
Financial
Highest result since 2018net €71k ▲91.2%
Operating result €102k, net result €71k, both a record.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
31-12
Financial
Equity above €1MEq €1.00M ▲3.9%
3 profitable years in a row build equity to €1.00M.
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 108 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 58 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 days late
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, Veurne · 1 establishment unit since 1991
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.
Brugse Steenweg 1618630 VeurneGround area
1,437 m²
Building footprint
24 m²
Volume, LiDAR
58 m³
Parcel 38025C0083/00H003, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LUC EN DIRK MAES
since 19912.051.245.637
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025C0083/00H003 | Flanders | 1,437 m² | 1 · 24 m² | 5.3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 405 EUR awarded · 404 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 138 EUR | 138 EUR |
| 2024 | 1 | 59 EUR | 117 EUR |
| 2023 | 1 | 59 EUR | 0 EUR |
| 2022 | 1 | 149 EUR | 149 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,708 companies in sector 47521 we hold annual accounts for 1,275. 933 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-1990
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
52498
77310Rental and leasing activities
47789Other retail sale of new goods
77221Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.