LUCAN
ActiveSummary
LUCAN has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.75M and a net result of €14k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability39▼-31
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 14.26 against 30.38 in 2023; short-term debt: 2.6% and cash: 0.2% of total assets), and 2.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
Sector 68
lower
← 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 dateAge against the risk zone
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
97.4%
Return on assets
0.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
34 d early
2022
41 d early
2021
37 d early
2020
17 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.75M▲ 0.8%
2023 · €1.74M
2018: €917k
2019: €932k
2020: €1.00M
2021: €1.08M
2022: €1.72M
2023: €1.74M
2018 → 2024
Total assets
€1.80M▲ 1.4%
2023 · €1.77M
2018: €1.20M
2019: €1.17M
2020: €1.12M
2021: €1.16M
2022: €1.78M
2023: €1.77M
2018 → 2024
Net result
€14k▼ 35.1%
2023 · €21k
2018: €431k
2019: €42k
2020: €95k
2021: €111k
2022: €654k
2023: €21k
2018 → 2024
Working capital
€621k▼ 39.7%
2023 · €1.03M
2018: €679k
2019: €456k
2020: €307k
2021: €423k
2022: €1.01M
2023: €1.03M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.00M-€1.08M▲ 8.4%€1.72M▲ 58.7%€1.74M▲ 0.8%€1.75M▲ 0.8%
Operating result€72k-€139k▲ 94.2%€858k▲ 517%€9k▼ 98.9%€-16k
Net result€95k-€111k▲ 16.8%€654k▲ 491%€21k▼ 96.7%€14k▼ 35.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €16k after €9k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.80M
Fixed assets
€1.13M ▲ 60.0%
Current assets
€668k ▼ 37.3%
Equity and liabilities €1.80M
Equity
€1.75M ▲ 0.8%
Debt
€47k ▲ 33.6%
Debt's share of the balance-sheet total rises from 2.0% to 2.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€76k▲
2023 · €10k
Cash flow
€105k▲
2023 · €22k
Current ratio
14.26▼
2023 · 30.38
Debt to equity
0.03▲
2023 · 0.02
ROE
0.8%▼
2023 · 1.2%
ROA
0.8%▼
2023 · 1.2%
Debt ≤ 1 year
€47k▲
2023 · €35k
Income taxes
€5k▼
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.77M€1.80M▲
Fixed assets21/28€705k€1.13M▲
Tangible fixed assets22/27€35k€458k▲
Land and buildings22€35k€454k▲
Plant, machinery and equipment23-€4k
Financial fixed assets28€670k€670k=
Current assets29/58€1.07M€668k▼
Amounts receivable within one year40/41€2k€2k▲
Trade receivables40€0€500▲
Other amounts receivable41€2k€2k▲
Current investments50/53€857k€662k▼
Cash at bank and in hand54/58€207k€3k▼
Deferred charges and accrued income490/1€159€0▼
Equity and liabilities
Total equity and liabilities10/49€1.77M€1.80M▲
Equity10/15€1.74M€1.75M▲
Contributions10/11€19k€19k=
Reserves13€43k€43k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€43k€43k=
Profit (loss) carried forward14€1.67M€1.69M▲
Amounts payable17/49€35k€47k▲
Amounts payable within one year42/48€35k€47k▲
Trade debts44€1k€9k▲
Suppliers440/4€1k€9k▲
Taxes, remuneration and social security45€691€310▼
Taxes450/3€691€310▼
Other amounts payable47/48€33k€38k▲
Income statement
Code20232024
Non-recurring operating income76A€0€64k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€997€92k▲
Other operating charges640/8€1k€813▼
Gross operating margin9900€11k€77k▲
Operating profit (loss)9901€9k€-16k▼
Financial income75/76B€17k€34k▲
Recurring financial income75€17k€34k▲
Financial charges65/66B€5€0▼
Recurring financial charges65€5€0▼
Profit (loss) for the period before taxes9903€26k€19k▼
Income taxes67/77€5k€5k▼
Profit (loss) for the period9904€21k€14k▼
Profit (loss) for the period to be appropriated9905€21k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.68M€1.69M▲
Profit (loss) brought forward from the previous period14P€1.66M€1.67M▲
Profit to be distributed694/7€7k€0▼
Directors or managers695€7k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €14k ▼35.1%
Net result drops to €14k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €654k ▲491%
Operating result €858k, net result €654k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 19.01
Current ratio from 7.38 to 19.01; short-term debt falls from €66k to €56k.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity doublescurrent ratio 7.38
Current ratio from 3.61 to 7.38; short-term debt falls from €117k to €66k.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €1MEq €1.00M ▲7.3%
3 profitable years in a row build equity to €1.00M.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
13-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 acts for this company are 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, Wielsbeke · 1 establishment unit since 1991
Ground area
1,604 m²
Building footprint
441 m²
Parcel 37017C0127/00D002, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LUCAN NV
since 19912.054.509.092
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37017C0127/00D002 | Flanders | 1,604 m² | 1 · 441 m² | - |
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.
Recognitions · licences · registrations
Legal Entity Identifier
87550054OIZR4X9G4C33
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 2,961 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-08-1991
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.