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Complete company report
Generated 17-08-2026
Active BE 0779.506.945Private limited company

Lucid Belgium

Marnixlaan 23 ·1000 Brussel, Belgium· 4 yrs active
Sector: Handelsbemiddeling in de groothandel in andere specifieke goederen (46180)
Conclusion Checked

The computed 12-month bankruptcy probability of Lucid Belgium is 3.8% (moderate). The 2024 annual accounts show equity of €19k and a net result of €32. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 17% of 972 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €19k
Net result €32
Better than sector 17%
Active 4 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health44Profitability1Solvency7Growth78Stability94
45 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 44
Profitability 1
Solvency 7
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
3.8% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate region +Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
44 / 100 Weak
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 24-09-2025 with the NBB · fiscal year 2024 · verkort
€-15k€-10k€-5k€0Operating result 2022: €-11k€-11kNet result 2022: €-11k€-11kOperating result 2023: €573€573Net result 2023: €0€0Operating result 2024: €352€352Net result 2024: €32€32202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 3 fiscal years (±0.1%/year).
€17k€18k€19k€20k2025: €19k (€17k - €20k)2026: €19k (€17k - €20k)2027: €19k (€17k - €20k)2022: €19k2023: €19k2024: €19k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 0.5% 27.2%
better than 17% of 972 sector peers
Net result €32 €23k
better than 30% of 972 sector peers
Equity €19k €171k
better than 24% of 972 sector peers
Gross operating margin €789k €173k
better than 85% of 970 sector peers
Staff costs €423k €166k
higher than 76% of 599 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€273k
+126.1% 22-24
Net profit
€32
- 22-24
Cash flow
€272k
+126.9% 22-24
Total assets
€3.75M
+56.8% 22-24
Equity
€19k
+0.2% 22-24
Working capital
€-715k
-27.1% 22-24
Employees (FTE)
0
-100.0% 22-24
Staff costs
€423k
+1.7% 22-24
Show 9 other metrics
Debt
€3.55M
+55.5% 22-24
Debt ≤ 1y
€3.55M
+55.3% 22-24
Current ratio
0.80
+6.0% 22-24
Quick ratio
0.80
+6.0% 22-24
Solvency
0.5%
-36.1% 22-24
Debt / equity
188.60
+55.2% 22-24
ROE
0.2%
- 22-24
ROA
0.0%
- 22-24
Interest coverage
852.16
+305.0% 22-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€273k
Net profit€32
Cash flow€272k
Staff costs€423k
Income taxes-
Dividends-
Total assets€3.75M
Equity€19k
Debt€3.55M
of which ≤ 1y€3.55M
of which > 1y-
Working capital€-715k
Employees (FTE)0.0
Ratios (computed)
2024
Current ratio0.80
Quick ratio0.80
Working capital ratio-19.1%
Solvency0.5%
Debt / equity188.60
Long-term debt ratio-
Interest coverage852.16
Gross margin-
Net margin-
ROA0.0%
ROE0.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€3.75M
Fixed assets 21/28€921k
Tangible fixed assets 22/27€836k
Financial fixed assets 28€85k
Current assets 29/58€2.83M
Amounts receivable within one year 40/41€2.74M
Cash & bank 54/58€62k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€3.75M
Equity 10/15€19k
Contributions / capital 10/11€30k
Accumulated profits (losses) 14€-11k
Provisions & deferred taxes 16€182k
Amounts payable 17/49€3.55M
Amounts payable within one year 42/48€3.55M
Trade debts payable within one year 44€3.38M
Income statement
Gross operating margin 9900€789k
Operating result 9901€352
Financial charges 65€320
Result before taxes 9903€32
Net result for the period 9904€32
Result to be appropriated 9905€32
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Current directors & mandates
  • Gagan Dhingra
    Director
    State Gazette act 24036634 (29-02-2024)
    Current
    21-12-2023 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor 2 auditor
Statutory auditor IRE/IBR number Tenure
VRC BEDRIJFSREVISOREN BVCurrent
Statutory auditor · represented by Steven T'Jollyn
 - 15-10-2025 → present
Show 1 earlier auditors
VRC BEDRIJFSREVISOREN
Statutory auditor · represented by Steven T'Jollyn
succeeded by VRC BEDRIJFSREVISOREN BV in 2025
 - 29-06-2023 → 15-10-2025
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Legal Structure
NACE primary Handelsbemiddeling in de groothandel in andere specifieke goederen(46180)
Legal form Private limited company(610)
Incorporation29-12-2021
StatusActive
Postal code1000
Establishment units 2 locations
Lucid Belgium
Marnixlaan 23, 1000 BrusselHandelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
since 20212.328.053.943
Leuvensesteenweg 321, 1932 Zaventem
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
since 20222.391.927.552
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23078A0287/00H000 Flanders 3,949 m² 1 · 631 m² 9.1 m · 2 fl.
21805E0534/00D000 Brussels 1,027 m² 1 · 800 m² 44.0 m · 8 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
15-10-2025
State Gazette act Director changes
v3.2
24-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
08-10-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
29-02-2024
State Gazette act Director changes
v3.2
2023
20-10-2023
State Gazette act Director changes
v3.2
08-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
29-06-2023
State Gazette act Director changes
v3.2
02-05-2023
State Gazette act Director changes
v3.2
31-03-2023
State Gazette act Director changes
v3.2
31-03-2023
State Gazette act Director changes
v3.2
2021
31-12-2021
State Gazette act Incorporation
oprichting
Belgian State Gazette reading coverage 0 of 10 acts read

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 8 acts
All acts · 8 updated 10 months ago
2025
15-10-2025 Steven T'Jollyn reappointed as statutory auditor Director changes
  • Steven T'Jollyn, Commissaris
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "commissaris_renew",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Steven T\u0027Jollyn",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": null,
        "name": "VRC Bedrijfsrevisoren BV",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "evidence_quote": "De enige aandeelhouder beslist om VRC Bedrijfsrevisoren BV, met zetel te Lichterveldestraat 39A, 8220 Torhout, vertegenwoordigd door de heer Steven T\u0027Jollyn, bedrijfsrevisor, te herbenoemen als commissaris van de Vennootschap voor een periode van 3 jaar, zijde tot de algemene vergadering waarop de j"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0779.506.945",
    "name_full": "LUCID BELGIUM",
    "legal_form": "BV"
  }
}
2024
29-02-2024 Gagan Dhingra appointed as director Director changes
  • Gagan Dhingra, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Gagan Dhingra",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2023-12-21",
      "evidence_quote": "De enige aandeelhouder beslist om de heer Gagan Dhingra, met woonstkeuze op de zetel van de Vennootschap, te benoemen als bestuurder van de Vennootschap, voor onbepaalde duur en dit met onmiddellijke ingang."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0779.506.945",
    "name_full": "LUCID BELGIUM",
    "legal_form": "BV"
  }
}
2023
20-10-2023 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0779.506.945",
    "name_full": "LUCID BELGIUM",
    "legal_form": "BV"
  }
}
29-06-2023 Steven T'Jollyn appointed as statutory auditor Director changes
  • Steven T'Jollyn, Commissaris
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "commissaris_in",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Steven T\u0027Jollyn",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": null,
        "name": "VRC Bedrijfsrevisoren",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "evidence_quote": "De enige aandeelhouder beslist om VRC Bedrijfsrevisoren, met zetel te Lichterveldestraat 39A, 8220 Torhout, vertegenwoordigd door de heer Steven T\u0027Jollyn, bedrijfsrevisor, te benoemen als commissaris van de Vennootschap voor een periode van 3 boekjaren, zijnde tot aan de algemene vergadering waarop "
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0779.506.945",
    "name_full": "LUCID BELGIUM",
    "legal_form": "BV"
  }
}
02-05-2023 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0779.506.945",
    "name_full": "LUCID BELGIUM",
    "legal_form": "BV"
  }
}
31-03-2023 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0779.506.945",
    "name_full": "LUCID BELGIUM",
    "legal_form": "BV"
  }
}
31-03-2023 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0779.506.945",
    "name_full": "LUCID BELGIUM",
    "legal_form": "BV"
  }
}
2021
31-12-2021 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "1000 Brussel, Marnixlaan 23",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": {
        "kbo": "0774.972.491",
        "name": "Lucid Europe"
      },
      "kind": "rechtspersoon",
      "person": null,
      "share_class": "naam",
      "partner_role": null,
      "holder_org_kbo": "0774.972.491",
      "holder_org_name": "Lucid Europe",
      "contribution_type": "cash",
      "amount_paid_in_eur": 30000,
      "holder_person_name": null,
      "is_subscriber_only": true,
      "n_shares_subscribed": 300,
      "amount_subscribed_eur": 30000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 30000,
  "subject_company": {
    "kbo": "0779.506.945",
    "name_full": "Lucid Belgium",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2021-12-23",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)45112Handelsbemiddeling in de groothandel in andere specifieke goederen46180
Primary activity highlighted.
Names & trade names
Legal nameNL Lucid Belgium
Registered office
Marnixlaan 23
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative