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LUCAS MARTIN

Active
Private limited companyfounded 2021active for 5 yearsRue de Chassart(V-P) 2, 6210 Les Bons Villers, BelgiumKBO/BCE: BE 0762.527.688

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of LUCAS MARTIN is 5.5% (elevated). The 2024 annual accounts show negative equity (-€72,402) and a net result of -€14,614. Equity has been shrinking by about 26% per year since 2022. Its solvency ranks better than 10% of 19,155 sector peers (NACE 68, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 27-01-2021 Normal situation
Activity
Development of residential building projects NACE 68121and 3 others
Financial year end
31 December
Peppol
Reachable since 20-04-2026

Board and ownership

Financial position

36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.5%
Annual accounts 2024
Gross margin
-€10,775
▲ 4.8%
Loss
€14,614
▼ 3.5%
Equity
-€72,402
▼ 25.3%
Total assets
€424,282
▼ 9.7%
Turnover not published (micro format)2025 accounts not filed, 93 days past the deadline
Filed on 29-10-2025PDF
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 90 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 31-10-2025)No registered site in the KBOlowers riskSize: total assets €424,282Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 27% of micro companies in real estate (NACE 68)
Financial strength · tick: 2023
Weak
Solvency 8-5
equity -17.1% of total assets
Liquidity 51-4
short-term debt 9.2% · cash 0.7%
Profitability 29=
return on assets -3.4%
Bankruptcy probability within 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 1.8% 12-2024: 1.8%● unchanged vs 11-2024 01-2025: 1.7%▼ -0.1 percentage points vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025lowest value 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.9%▲ +0.2 percentage points vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 2.0%▲ +0.1 percentage points vs 06-2025 08-2025: 2.7%▲ +0.7 percentage points vs 07-2025 09-2025: 3.1%▲ +0.4 percentage points vs 08-2025 10-2025: 4.4%▲ +1.3 percentage points vs 09-2025 11-2025: 2.1%▼ -2.3 percentage points vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.2%▲ +0.1 percentage points vs 01-2026 03-2026: 2.2%● unchanged vs 02-2026 04-2026: 2.3%▲ +0.1 percentage points vs 03-2026 05-2026: 2.5%▲ +0.2 percentage points vs 04-2026 06-2026: 2.6%▲ +0.1 percentage points vs 05-2026 07-2026: 2.5%▼ -0.1 percentage points vs 06-2026 08-2026: 3.2%▲ +0.7 percentage points vs 07-2026 09-2026: 3.7%▲ +0.5 percentage points vs 08-2026 10-2026: 5.5%▲ +1.8 percentage points vs 09-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.11 (0.82 in 2023), below 1. Short-term debt is 9.2% and cash 0.7% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 11% of them on solvency, 55% on liquidity, 25% on profitability and 19% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 90 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 31-10-2025)
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
lowers risk · Size: total assets €424,282
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
222324
2022 to 2024 · latest year -€72,402
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
90 days late
2023
75 days late
2022
77 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 81 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€72,402 View
  • Risk: 3 loss-making years in a rowloss in financial year 2024 -€14,614 View
  • Caution: Less equity than 91% of companies in real estatesector median €87,455 · 19,172 companies -€72,402 View

Comparable companies

These companies have the same main activity as LUCAS MARTIN: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €404,000 and €483,000, founded between 2020 and 2021.

CompanyTotal assetsGross margin
LUCAS MARTIN Les Bons Villers€424,282-€10,775
PROMO DESY Charleroi€452,302-€1,277
ID4 CONCEPT Aiseau-Presles€483,462-€6,061
JJK Projects Sint-Niklaas€425,840-€9,217
ZF INVEST Messancy€404,187-€2,694
SOCIETE IMMOBILIERE DES 89 Etterbeek€450,150-€62,781
ARMO CONSTRUCT Oostende€451,720-€9,467
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about LUCAS MARTIN

What is the company number of LUCAS MARTIN?
The company number of LUCAS MARTIN is 0762.527.688. The VAT number is the same number with BE in front: BE 0762.527.688.
Where is LUCAS MARTIN based?
The registered office is at Rue de Chassart(V-P) 2, 6210 Les Bons Villers.Company details
What does LUCAS MARTIN do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of LUCAS MARTIN?
The legal form of LUCAS MARTIN is Private limited company (BV).
When was LUCAS MARTIN founded?
LUCAS MARTIN was founded on 27-01-2021.
Is LUCAS MARTIN still active?
Yes, LUCAS MARTIN is an active enterprise in the KBO register.
What is the turnover of LUCAS MARTIN?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is LUCAS MARTIN profitable?
In financial year 2024, LUCAS MARTIN made a loss of €14,614.
Where can I find the annual accounts of LUCAS MARTIN?
LUCAS MARTIN filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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