Financials
- Fiscal year
- 2025
- Turnover
- USD 17.5m
- Loss
- -USD 2.5m
- Solvency
- 83.8%
Turnover
Net result
20202025
LUC VETS
ActiveSummary
LUC VETS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of USD 27.1m and a net result of -USD 2.5m. Its solvency ranks better than 88% of 6032 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Wholesale of diamonds and other precious stones
NACE 46861NACE 46761NACE 51561
1 site
Size
USD 17.5mturnover 2025
- Staff
- 15 FTE
- Equity
- USD 27.1m
- Loss
- -USD 2.5m
Structure
Auditor: Grant Thornton bedrijfsrevisorenAccounts 21 d early1 of 10 deeds read
Why 86- Loss of €2.5m, the second in a row (FY 2025)- 1 of the last 3 late+ Founded in 2001+ Equity €27.1m (83.8% of total assets)Show the evidence
Checked score
Score 2025
86
/ 100
Excellent
Probability in this band: under 0.55%
Better than 52% of its sector peers (NACE 46, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
100=
equity 83.8% of total assets
Liquidity
52+4
short-term debt 16.2% · cash 4.5%
Profitability
6+6
return on assets -7.6%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● 0.0% vs 11-2024
01-2025: 0.2%▼ -3.0% vs 12-2024
02-2025: 0.2%▼ -3.9% vs 01-2025
03-2025: 0.2%▼ -0.9% vs 02-2025
04-2025: 0.2%▼ -0.5% vs 03-2025
05-2025: 0.2%▼ -2.3% vs 04-2025lowest value
06-2025: 0.2%▲ +0.5% vs 05-2025
07-2025: 0.3%▲ +22.2% vs 06-2025
08-2025: 0.4%▲ +40.9% vs 07-2025
09-2025: 0.9%▲ +155% vs 08-2025highest value
10-2025: 0.9%● 0.0% vs 09-2025highest value
11-2025: 0.9%● 0.0% vs 10-2025highest value
12-2025: 0.9%● 0.0% vs 11-2025highest value
01-2026: 0.9%▼ -2.5% vs 12-2025
02-2026: 0.9%▼ -3.4% vs 01-2026
03-2026: 0.9%▲ +0.7% vs 02-2026
04-2026: 0.9%● 0.0% vs 03-2026
05-2026: 0.9%▼ -2.2% vs 04-2026
06-2026: 0.9%▲ +2.1% vs 05-2026
07-2026: 0.8%▼ -3.8% vs 06-2026
08-2026: 0.3%▼ -65.9% vs 07-2026
09-2026: 0.3%● 0.0% vs 08-2026
10-2026: 0.3%● 0.0% vs 09-2026
- Loss of €2.5m, the second in a row (FY 2025) raises the probability
- Founded in 2001 lowers the probability for this profile
- 1 of the last 3 late raises the probability
- Equity €27.1m (83.8% of total assets) lowers the probability
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, small). Better than this share of them on solvency 92%, liquidity 67%, profitability 5%, growth against the median 44%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
18 d late
2023
61 d late
2022
43 d late
2021
102 d late
2020
59 d late
2019
80 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 49 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 12 September (4 of the last 5 filed years within 59 days of that day).
Companies Code · seven monthsPosition in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
- Reappointment: Grant Thornton Bedrijfsrevisoren (statutory auditor)State Gazette act
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Board & ownership
- Auditor
- Grant Thornton bedrijfsrevisoren
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 04-08-2026Reappointment: Grant Thornton Bedrijfsrevisoren (statutory auditor)
- 10-07-2026Annual accounts filed
- 18-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale of diamonds and other precious stonesNACE 46861
- Founded
- 26-06-2001
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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