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LUCAB

Active
Private limited companyfounded 200818 yrs activeRue des Andains 4, 1360 Perwez, BelgiumKBO/BCE: BE 0899.825.151
Summary

LUCAB has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,032 and a net result of €49,411. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 4577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency59▲+59
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
33.9%
Return on assets
332.4%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 30-03-2026, 62 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
62 d early
2024
101 d late
2023
36 d early
2022
1 d early
2021
19 d early
2020
2 d early
2019
62 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 6 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-10-2026 close31-05-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 13 August 2008, LUCAB was incorporated.1 CF Group Netherlands Holding BV has served as director of the company since 2026.2 Total assets went from EUR 447,885 in 2018 to EUR 14,864 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 19-03-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€49,411
2024 · -€10,408
Working capital
€5,032
2024 · -€44,379
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,452▲ 3.6%-€8,407▼ 243%-€7,455▲ 11.3%-€7,171▲ 3.8%€50,490
Net result-€5,144-€11,764▼ 129%-€9,480▲ 19.4%-€10,408▼ 9.8%€49,411
Equity-€12,727▼ 64.4%-€24,490▼ 92.4%-€33,971▼ 38.7%-€44,379▼ 30.6%€5,032
Total assets€263,376▼ 25.3%€162,945▼ 38.1%€95,632▼ 41.3%€23,616▼ 75.3%€14,864▼ 37.1%
Debt€276,103▼ 23.3%€187,436▼ 32.1%€129,603▼ 30.9%€67,995▼ 47.5%€9,832▼ 85.5%
Working capital€123,507▼ 42.7%€63,626▼ 48.5%-€7,190-€44,379▼ 517%€5,032
Staff (FTE)
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2021: -€2,452-€2,452Net result 2021: -€5,144-€5,144Operating result 2022: -€8,407-€8,407Net result 2022: -€11,764-€11,764Operating result 2023: -€7,455-€7,455Net result 2023: -€9,480-€9,480Operating result 2024: -€7,171-€7,171Net result 2024: -€10,408-€10,408Operating result 2025: €50,490€50,490Net result 2025: €49,411€49,41120212022202320242025-€20,000€0€20,000€40,000€60,000Operating result 2023: -€7,455-€7,450Net result 2023: -€9,480-€9,480Operating result 2024: -€7,171-€7,170Net result 2024: -€10,408-€10,400Operating result 2025: €50,490€50,500Net result 2025: €49,411€49,400202320242025
The operating result returns to profit in 2025: €50,490 after a loss of €7,171 in 2024, the highest result in the available series.
Balance-sheet composition
Equity and liabilities €14,864
Equity €5,032
Debt €9,832
Debt finances 66.1% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.51▲
2024 · 0.35
Debt to equity
1.95▲
2024 · -1.53
ROE
981.9%
ROA
332.4%▲
2024 · -44.1%
Debt ≤ 1 year
€9,832▼
2024 · €67,995
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
3.9% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€23,616€14,864▼
Current assets29/58€23,616€14,864▼
Amounts receivable within one year40/41€12,499€1,672▼
Other amounts receivable41€12,499€1,672▼
Cash at bank and in hand54/58€11,117€13,192▲
Equity and liabilities
Total equity and liabilities10/49€23,616€14,864▼
Equity10/15-€44,379€5,032▲
Contributions10/11€20,000€20,000=
Reserves13€2,000€2,000=
Non-distributable reserves130/1€2,000-
Reserves not available under the articles1311€2,000-
Distributable reserves133-€2,000
Profit (loss) carried forward14-€66,379-€16,968▲
Amounts payable17/49€67,995€9,832▼
Amounts payable within one year42/48€67,995€9,832▼
Current portion of amounts payable after more than one year42€25,995-
Trade debts44€2,000€4,832▲
Suppliers440/4€2,000€4,832▲
Other amounts payable47/48€40,000€5,000▼
Income statement Code20242025
Other operating charges640/8€5,656€5,834▲
Gross operating margin9900-€1,514€56,324▲
Operating profit (loss)9901-€7,171€50,490▲
Financial income75/76B€1,968-
Recurring financial income75€1,968-
Financial charges65/66B€5,205€1,079▼
Recurring financial charges65€5,205€1,079▼
Profit (loss) for the period before taxes9903-€10,408€49,411▲
Profit (loss) for the period9904-€10,408€49,411▲
Profit (loss) for the period to be appropriated9905-€10,408€49,411▲
Appropriation of the result
Profit (loss) to be appropriated9906-€66,379-€16,968▲
Profit (loss) brought forward from the previous period14P-€55,971-€66,379▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€348€4,960€5,436€5,656€5,834▲ 3.1%
Non-recurring operating charges66A-€5,900----
Gross operating margin9900-€2,104€2,453-€2,018-€1,514€56,324▲ 3,819%
Operating profit (loss)9901-€2,452-€8,407-€7,455-€7,171€50,490▲ 804%
Financial income75/76B€13,069€8,069€6,605€1,968--
Recurring financial income75€13,069€8,069€6,605€1,968--
Financial charges65/66B€15,761€11,426€8,630€5,205€1,079▼ 79.3%
Recurring financial charges65€15,761€11,426€8,630€5,205€1,079▼ 79.3%
Profit (loss) for the period before taxes9903-€5,144-€11,764-€9,480-€10,408€49,411▲ 575%
Profit (loss) for the period9904-€5,144-€11,764-€9,480-€10,408€49,411▲ 575%
Profit (loss) for the period to be appropriated9905-€5,144-€11,764-€9,480-€10,408€49,411▲ 575%
Line20212022202320242025Change
Assets
Total assets20/58€263,376€162,945€95,632€23,616€14,864▼ 37.1%
Current assets29/58€263,376€162,945€95,632€23,616€14,864▼ 37.1%
Amounts receivable after more than one year29€140,503€84,167€14,087---
Trade receivables290€140,503€84,167€14,087---
Amounts receivable within one year40/41€69,900€67,000€70,000€12,499€1,672▼ 86.6%
Other amounts receivable41€69,900€67,000€70,000€12,499€1,672▼ 86.6%
Current investments50/53€52,973-----
Cash at bank and in hand54/58-€11,778€11,546€11,117€13,192▲ 18.7%
Equity and liabilities
Total equity and liabilities10/49€263,376€162,945€95,632€23,616€14,864▼ 37.1%
Equity10/15-€12,727-€24,490-€33,971-€44,379€5,032▲ 111%
Contributions10/11€20,000€20,000€20,000€20,000€20,000=
Reserves13€2,000€2,000€2,000€2,000€2,000=
Non-distributable reserves130/1€2,000€2,000€2,000€2,000--
Reserves not available under the articles1311€2,000€2,000€2,000€2,000--
Distributable reserves133----€2,000-
Profit (loss) carried forward14-€34,727-€46,490-€55,971-€66,379-€16,968▲ 74.4%
Amounts payable17/49€276,103€187,436€129,603€67,995€9,832▼ 85.5%
Amounts payable after more than one year17€136,234€88,116€26,781---
Financial debts170/4€136,234€88,116€26,781---
Amounts payable within one year42/48€139,869€99,320€102,822€67,995€9,832▼ 85.5%
Current portion of amounts payable after more than one year42€56,000€58,000€61,000€25,995--
Trade debts44--€1,250€2,000€4,832▲ 142%
Suppliers440/4--€1,250€2,000€4,832▲ 142%
Taxes, remuneration and social security45€3,869€1,320€572---
Taxes450/3€3,869€1,320€572---
Other amounts payable47/48€80,000€40,000€40,000€40,000€5,000▼ 87.5%
Line20212022202320242025Change
Profit (loss) for the period9904-€5,144-€11,764-€9,480-€10,408€49,411▲ 575%
Operating cash flow (approximation)-€5,144-€11,764-€9,480-€10,408€49,411▲ 575%
Change in cash---€233-€429€2,076▲ 584%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-05-2027
2026
30-03
NBB filing Annual accounts filed
fiscal year 2025 · full schema
19-03
State Gazette act Permanent representative: Jêrome Abbé
Appointment: CF GROUP NETHERLANDS HOLDING BV (director)2 facts ▸
  • Permanent representative, Jêrome Abbé
  • Director appointment, CF GROUP NETHERLANDS HOLDING BV
2025
31-10
Financial Back to profitnet €49,411
Net result €49,411 after 4 loss-making years.
31-10
Financial Liquidity quadruplescurrent ratio 1.51
Current ratio from 0.35 to 1.51; short-term debt falls from €67,995 to €9,832.
09-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 101 days late
2024
25-04
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
30-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-10
Financial Weakest financial yearnet -€11,764
Net result drops to -€11,764, the lowest in the series; recovery starts the following year.
12-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
29-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Back to profitnet €1,146
Net result €1,146 after 2 loss-making years.
01-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 62 days late
Show earlier events
2019
23-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
01-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 12 acts read
About the unread acts

Of the 12 Belgian State Gazette acts we know for this company, 1 has been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026

Board 1

CF Group Netherlands Holding BV
Director · since 19-03-2026 · Legal entity · perm. rep.: Jêrome Abbé
Current

Permanent representatives 1

Jêrome Abbé
Permanent representative · since 19-03-2026 · for CF Group Netherlands Holding BV
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
11 of this company's 12 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Perwez · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
7,453 m²
Building footprint
4,318 m²
Volume, LiDAR
29,671 m³
Parcel 25084C0577/00P002, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
LUCAB
Rue des Andains 4, 1360 PerwezRenting and operating of own or leased non-residential real estate, excluding land
since 20082.172.905.017
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25084C0577/00P002 Wallonia 7,453 m² 1 · 4,318 m² 9.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
CF Group Netherlands Holding BV
  • Board, from 19-03-2026 to date
See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 owner

Chain of control

  1. CF Group Netherlands Holding SRL 100%
  2. LUCAB

Highest known parent: CF Group Netherlands Holding SRL. The sources do not say who stands above it.

Owners 1

Stated earlier (1)

An older source named these owners; newer accounts no longer list them.

Holdings 0

The accounts to 31-10-2025 list no holdings, and no other source names one.

According to the annual accounts to 31-10-2025 of LUCAB and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Similar companies · same sector, comparable size

Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. 1,086 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-08-2008
Fiscal year end31-10
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Not found in the Peppol register

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.