LUCAPHIL
ActiveSummary
LUCAPHIL has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €7.4m and a net result of €589,771. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 95% of 127 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability79▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550,000 at 30 days acceptable
Liquidity ample (current ratio 93.18 against 4.2 in 2025; short-term debt: 0.7% and cash: 3.3% of total assets), and 0.8% of the assets are financed with debt.
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Signals
Six 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
99.2%
Return on assets
7.9%
Age of the figures
6 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year €7.4m
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 01-09-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
60 d early
2025
31 d early
2024
63 d early
2023
7 d early
2022
34 d early
2021
45 d early
2020
36 d early
← 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 39 days before 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 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 27 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€7.4m▲ 8.7%
2025 · €6.8m
Total assets
€7.4m▼ 6.8%
2025 · €8.0m
Net result
€589,771▲ 69.6%
2025 · €347,673
Working capital
€4.5m▲ 22.0%
2025 · €3.7m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result-€9,891▼ 65.1%€40,249€10,362▼ 74.3%€506,768▲ 4,790%€808,273▲ 59.5%
Net result-€9,226below the sector's middle half▼ 51.1%€33,916above the sector's middle half€7,682within the sector's middle half▼ 77.3%€347,673above the sector's middle half▲ 4,426%€589,771▲ 69.6%
Equity€6.4mabove the sector's middle half▼ 0.1%€6.4mabove the sector's middle half▲ 0.5%€6.4mabove the sector's middle half▲ 0.1%€6.8mabove the sector's middle half▲ 5.4%€7.4m▲ 8.7%
Total assets€6.4mabove the sector's middle half▼ 0.1%€6.4mabove the sector's middle half▲ 0.5%€6.5mabove the sector's middle half▲ 0.2%€8.0mabove the sector's middle half▲ 23.4%€7.4m▼ 6.8%
Debt€20,253▲ 33.2%€18,437▼ 9.0%€24,478▲ 32.8%€1.2m▲ 4,752%€58,443▼ 95.1%
Working capital€2.9mabove the sector's middle half▼ 0.4%€3.1mabove the sector's middle half▲ 7.4%€3.3mabove the sector's middle half▲ 5.7%€3.7mabove the sector's middle half▲ 11.8%€4.5m▲ 22.0%
Solvency99.7%above the sector's middle half▼ 0.1pp99.7%above the sector's middle half=99.6%above the sector's middle half▼ 0.1pp85.1%above the sector's middle half▼ 14.5pp99.2%▲ 14.1pp
Current ratio4.20above the sector's middle half93.18▲ 88.98
Return on assets (ROA)-0.1%within the sector's middle half=0.5%within the sector's middle half▲ 0.7pp0.1%within the sector's middle half▼ 0.4pp4.4%within the sector's middle half▲ 4.2pp7.9%▲ 3.6pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 59% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €7.4m
Fixed assets
€2.9m ▼ 7.9%
Current assets
€4.6m ▼ 6.0%
Equity and liabilities €7.4m
Equity
€7.4m ▲ 8.7%
Debt
€58,443 ▼ 95.1%
Debt's share of the balance-sheet total falls from 14.9% to 0.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€995,080▲
2025 · €721,731
Cash flow
€776,578▲
2025 · €562,636
Debt to equity
0.01▼
2025 · 0.18
ROE
8.0%▲
2025 · 5.1%
Interest coverage
39.99▲
2025 · 20.03
Debt ≤ 1 year
€48,848▼
2025 · €1.2m
Income taxes
€201,488▲
2025 · €129,972
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,577 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.1%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 1,577 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
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €548,643 | €793,448 | ▲ 44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €187,602 | €176,319 | €214,963 | €186,807 | ▼ 13.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €5,755 | - | - |
| Other operating charges640/8 | €46,827 | €46,674 | €64,172 | €80,177 | €47,109 | ▼ 41.2% |
| Gross operating margin9900 | €36,936 | €274,525 | €250,853 | €807,662 | €1.0m | ▲ 29.0% |
| Operating profit (loss)9901 | -€9,891 | €40,249 | €10,362 | €506,768 | €808,273 | ▲ 59.5% |
| Financial income75/76B | €786 | €0 | €1 | €6,910 | €7,871 | ▲ 13.9% |
| Recurring financial income75 | €786 | €0 | €1 | €6,910 | €7,871 | ▲ 13.9% |
| Financial charges65/66B | €120 | €120 | €120 | €36,033 | €24,885 | ▼ 30.9% |
| Recurring financial charges65 | €120 | €120 | €120 | €36,033 | €24,885 | ▼ 30.9% |
| Profit (loss) for the period before taxes9903 | -€9,226 | €40,129 | €10,243 | €477,645 | €791,259 | ▲ 65.7% |
| Income taxes67/77 | - | €6,213 | €2,561 | €129,972 | €201,488 | ▲ 55.0% |
| Profit (loss) for the period9904 | -€9,226 | €33,916 | €7,682 | €347,673 | €589,771 | ▲ 69.6% |
| Profit (loss) for the period to be appropriated9905 | -€9,226 | €33,916 | €7,682 | €347,673 | €589,771 | ▲ 69.6% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.4m | €6.4m | €6.5m | €8.0m | €7.4m | ▼ 6.8% |
| Fixed assets21/28 | €3.5m | €3.3m | €3.1m | €3.1m | €2.9m | ▼ 7.9% |
| Tangible fixed assets22/27 | €3.5m | €3.3m | €3.1m | €3.1m | €2.9m | ▼ 8.0% |
| Land and buildings22 | €3.5m | €3.3m | €3.1m | €3.1m | €2.9m | ▼ 8.0% |
| Financial fixed assets28 | €4,750 | €4,750 | €4,750 | €4,750 | €4,750 | = |
| Current assets29/58 | €2.9m | €3.1m | €3.3m | €4.8m | €4.6m | ▼ 6.0% |
| Amounts receivable within one year40/41 | €285,201 | €245,663 | €290,554 | €2.8m | €2.9m | ▲ 1.6% |
| Trade receivables40 | €840 | - | - | - | €9,119 | - |
| Other amounts receivable41 | €284,362 | €245,663 | €290,554 | €2.8m | €2.8m | ▲ 1.3% |
| Current investments50/53 | - | - | - | €200,000 | €482,402 | ▲ 141% |
| Cash at bank and in hand54/58 | €347,491 | €921,722 | €1.4m | €535,332 | €248,841 | ▼ 53.5% |
| Deferred charges and accrued income490/1 | €2.3m | €2.0m | €1.7m | €1.3m | €967,626 | ▼ 25.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.4m | €6.4m | €6.5m | €8.0m | €7.4m | ▼ 6.8% |
| Equity10/15 | €6.4m | €6.4m | €6.4m | €6.8m | €7.4m | ▲ 8.7% |
| Contributions10/11 | €4.3m | €4.3m | €4.3m | €4.3m | €4.3m | = |
| Reserves13 | €2.1m | €2.1m | €2.1m | €2.5m | €3.1m | ▲ 23.8% |
| Non-distributable reserves130/1 | €93,722 | €93,722 | - | - | - | - |
| Reserves not available under the articles1311 | €93,722 | €93,722 | - | - | - | - |
| Distributable reserves133 | €2.0m | €2.0m | €2.1m | €2.5m | €3.1m | ▲ 23.8% |
| Amounts payable17/49 | €20,253 | €18,437 | €24,478 | €1.2m | €58,443 | ▼ 95.1% |
| Amounts payable within one year42/48 | €11,865 | €12,132 | €19,233 | €1.2m | €48,848 | ▼ 95.8% |
| Current portion of amounts payable after more than one year42 | €11,850 | €11,850 | €16,950 | - | - | - |
| Trade debts44 | - | - | €2,283 | €21,459 | €4,563 | ▼ 78.7% |
| Suppliers440/4 | - | - | €2,283 | €21,459 | €4,563 | ▼ 78.7% |
| Taxes, remuneration and social security45 | - | - | - | €127,899 | - | - |
| Taxes450/3 | - | - | - | €127,899 | - | - |
| Other amounts payable47/48 | €15 | €282 | - | €1.0m | €44,285 | ▼ 95.6% |
| Accrued charges and deferred income492/3 | €8,388 | €6,305 | €5,244 | €35,889 | €9,596 | ▼ 73.3% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,226 | €33,916 | €7,682 | €347,673 | €589,771 | ▲ 69.6% |
| + Depreciation and write-downs630 | - | €187,602 | €176,319 | €214,963 | €186,807 | ▼ 13.1% |
| Operating cash flow (approximation) | -€9,226 | €221,518 | €184,001 | €562,636 | €776,578 | ▲ 38.0% |
| Investment in fixed assets (approximation) | - | -€4,840 | -€5,687 | -€203,643 | €61,552 | ▲ 130% |
| Change in cash | - | €574,231 | €449,446 | -€835,836 | -€286,491 | ▲ 65.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
01-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Highest result since 2019net €589,771 ▲69.6%
Operating result €808,273, net result €589,771, both a record.
31-03
Financial
Liquidity times 22current ratio 93.18
Current ratio from 4.20 to 93.18; short-term debt falls from €1.2m to €48,848.
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €33,916
Net result €33,916 after 2 loss-making years.
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet -€9,226
Net result drops to -€9,226, the lowest in the series; recovery starts the following year.
2021
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Liquidity quadruplescurrent ratio 172.61
Current ratio from 48.57 to 172.61; short-term debt falls from €54,005 to €16,197.
Show earlier events
2019
19-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
15-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Brussel · 1 establishment unit since 1990
Ground area
558 m²
Building footprint
446 m²
Volume, LiDAR
5,487 m³
2 parcels, Brussels · tallest building 21.1 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LUCAPHIL NV
since 19902.030.916.615
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0963/00C000 | Brussels | 332 m² | 1 · 332 m² | 21.1 m · 6 fl. |
| 21362B0054/00M005 | Brussels | 226 m² | 1 · 114 m² | 13.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
2 ownersOwners 2
-
44.41%
-
14.55%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
699400MDCZSSCELGLK88
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Of 251 companies in sector 46432 we hold annual accounts for 172. 44 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
Founded19-07-1984
Fiscal year end31-03
Activities, NACEBEL 2025
46432Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0426105954
Also
9925:BE0426105954
Registered
05-03-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.