LUCID SOLUTIONS
ActiveSummary
LUCID SOLUTIONS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €16k and a net result of €-356. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 62% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability33▼-36
Solvency79▼-7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.99 against 2.22 in 2023; short-term debt: 45.7% and cash: 23% of total assets), and 45.7% 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+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
54.3%
Return on assets
-1.2%
Age of the figures
21 mo
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
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 →
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 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
35 d early
2022
28 d early
2021
3 d late
2020
26 d early
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€16k▼ 2.2%
2023 · €16k
2018: €11k
2019: €19k▲ +77.3% vs 2018highest in 7 years
2020: €16k▼ -15.4% vs 2019
2021: €10k▼ -37.0% vs 2020lowest in 7 years
2022: €16k▲ +56.8% vs 2021
2023: €16k▲ +0.3% vs 2022
2024: €16k▼ -2.2% vs 2023
2018 → 2024
Total assets
€29k▲ 10.6%
2023 · €26k
2018: €31k
2019: €29k▼ -6.4% vs 2018
2020: €26k▼ -8.4% vs 2019
2021: €21k▼ -22.4% vs 2020lowest in 7 years
2022: €32k▲ +55.7% vs 2021highest in 7 years
2023: €26k▼ -17.4% vs 2022
2024: €29k▲ +10.6% vs 2023
2018 → 2024
Net result
€-356
2023 · €50
2018: €5k
2019: €8k▲ +74.5% vs 2018highest in 7 years
2020: €-3k▼ -135% vs 2019
2021: €-6k▼ -104% vs 2020lowest in 7 years
2022: €6k▲ +197% vs 2021
2023: €50▼ -99.1% vs 2022
2024: €-356▼ -810% vs 2023
2018 → 2024
Working capital
€13k▲ 6.0%
2023 · €12k
2018: €10klowest in 7 years
2019: €18k▲ +92.4% vs 2018highest in 7 years
2020: €16k▼ -15.5% vs 2019
2021: €10k▼ -36.0% vs 2020
2022: €15k▲ +50.6% vs 2021
2023: €12k▼ -17.2% vs 2022
2024: €13k▲ +6.0% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€16k-€10k▼ 37.0%€16k▲ 56.8%€16k▲ 0.3%€16k▼ 2.2%
2020: €16khighest in 5 years
2021: €10k▼ -37.0% vs 2020lowest in 5 years
2022: €16k▲ +56.8% vs 2021
2023: €16k▲ +0.3% vs 2022
2024: €16k▼ -2.2% vs 2023
Operating result€-2k-€-5k▼ 122%€10k€2k▼ 83.0%€3k▲ 93.7%
2020: €-2k
2021: €-5k▼ -122% vs 2020lowest in 5 years
2022: €10k▲ +295% vs 2021highest in 5 years
2023: €2k▼ -83.0% vs 2022
2024: €3k▲ +93.7% vs 2023
Net result€-3k-€-6k▼ 104%€6k€50▼ 99.1%€-356
2020: €-3k
2021: €-6k▼ -104% vs 2020lowest in 5 years
2022: €6k▲ +197% vs 2021highest in 5 years
2023: €50▼ -99.1% vs 2022
2024: €-356▼ -810% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 94% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €29k
Fixed assets
€3k ▼ 29.4%
Current assets
€27k ▲ 17.2%
Equity and liabilities €29k
Equity
€16k ▼ 2.2%
Debt
€13k ▲ 30.8%
Debt's share of the balance-sheet total rises from 38.7% to 45.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5k▲
2023 · €3k
Cash flow
€748▼
2023 · €932
Current ratio
1.99▼
2023 · 2.22
Debt to equity
0.84▲
2023 · 0.63
ROE
-2.2%▼
2023 · 0.3%
ROA
-1.2%▼
2023 · 0.2%
Interest coverage
1.92▼
2023 · 33.82
Debt ≤ 1 year
€13k▲
2023 · €10k
Income taxes
€2k▼
2023 · €2k
Staff costs
€229
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 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€26k€29k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€321€321=
Current assets29/58€23k€27k▲
Amounts receivable within one year40/41€16k€19k▲
Trade receivables40€10k€7k▼
Other amounts receivable41€6k€12k▲
Cash at bank and in hand54/58€5k€7k▲
Deferred charges and accrued income490/1€1k€901▼
Equity and liabilities
Total equity and liabilities10/49€26k€29k▲
Equity10/15€16k€16k▼
Contributions10/11€6k€6k=
Reserves13€10k€10k▼
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€8k€10k▲
Amounts payable17/49€10k€13k▲
Amounts payable within one year42/48€10k€13k▲
Trade debts44€4k€4k▼
Suppliers440/4€4k€4k▼
Taxes, remuneration and social security45€6k€9k▲
Taxes450/3€6k€9k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€229
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€882€1k▲
Other operating charges640/8€753€876▲
Gross operating margin9900€3k€6k▲
Operating profit (loss)9901€2k€3k▲
Financial income75/76B€5€152▲
Recurring financial income75€5€152▲
Financial charges65/66B€79€2k▲
Recurring financial charges65€79€2k▲
Profit (loss) for the period before taxes9903€2k€1k▼
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€50€-356▼
Profit (loss) for the period to be appropriated9905€50€-356▼
Appropriation of the result
Profit (loss) to be appropriated9906€50€-356▼
Transfer from equity791/2-€356
Transfer to equity691/2€50-
To other reserves6921€50-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1k | €1k | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €229 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €435 | €435 | €4k | €882 | €1k | ▲ 25.1% |
| Other operating charges640/8 | - | €695 | €975 | €753 | €876 | ▲ 16.4% |
| Gross operating margin9900 | €-1k | €-4k | €16k | €3k | €6k | ▲ 65.6% |
| Operating profit (loss)9901 | €-2k | €-5k | €10k | €2k | €3k | ▲ 93.7% |
| Financial income75/76B | - | - | €22 | €5 | €152 | ▲ 3,099% |
| Recurring financial income75 | €43 | - | €22 | €5 | €152 | ▲ 3,099% |
| Financial charges65/66B | - | €139 | €87 | €79 | €2k | ▲ 2,906% |
| Recurring financial charges65 | - | €139 | €87 | €79 | €2k | ▲ 2,906% |
| Profit (loss) for the period before taxes9903 | €-2k | €-6k | €10k | €2k | €1k | ▼ 27.7% |
| Income taxes67/77 | €598 | €558 | €5k | €2k | €2k | ▼ 4.0% |
| Profit (loss) for the period9904 | €-3k | €-6k | €6k | €50 | €-356 | ▼ 810% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-6k | €6k | €50 | €-356 | ▼ 810% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26k | €21k | €32k | €26k | €29k | ▲ 10.6% |
| Fixed assets21/28 | €756 | €321 | €1k | €4k | €3k | ▼ 29.4% |
| Tangible fixed assets22/27 | €435 | - | €800 | €3k | €2k | ▼ 32.1% |
| Furniture and vehicles24 | - | - | €800 | €3k | €2k | ▼ 32.1% |
| Financial fixed assets28 | €321 | €321 | €321 | €321 | €321 | = |
| Current assets29/58 | €26k | €20k | €31k | €23k | €27k | ▲ 17.2% |
| Amounts receivable within one year40/41 | €13k | €14k | €17k | €16k | €19k | ▲ 16.5% |
| Trade receivables40 | - | €14k | €14k | €10k | €7k | ▼ 31.0% |
| Other amounts receivable41 | - | €698 | €3k | €6k | €12k | ▲ 97.0% |
| Cash at bank and in hand54/58 | €13k | €5k | €13k | €5k | €7k | ▲ 24.3% |
| Deferred charges and accrued income490/1 | - | €508 | €952 | €1k | €901 | ▼ 10.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26k | €21k | €32k | €26k | €29k | ▲ 10.6% |
| Equity10/15 | €16k | €10k | €16k | €16k | €16k | ▼ 2.2% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €10k | €4k | €10k | €10k | €10k | ▼ 3.6% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | - | - |
| Distributable reserves133 | - | €2k | €8k | €8k | €10k | ▲ 18.4% |
| Profit (loss) carried forward14 | €-1k | - | - | - | - | - |
| Amounts payable17/49 | €10k | €10k | €16k | €10k | €13k | ▲ 30.8% |
| Amounts payable within one year42/48 | €10k | €10k | €16k | €10k | €13k | ▲ 30.8% |
| Trade debts44 | €3k | €4k | €7k | €4k | €4k | ▼ 2.5% |
| Suppliers440/4 | - | €4k | €7k | €4k | €4k | ▼ 2.5% |
| Taxes, remuneration and social security45 | - | €6k | €9k | €6k | €9k | ▲ 54.9% |
| Taxes450/3 | - | €6k | €9k | €6k | €9k | ▲ 54.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-6k | €6k | €50 | €-356 | ▼ 810% |
| + Depreciation and write-downs630 | €435 | €435 | €4k | €882 | €1k | ▲ 25.1% |
| Operating cash flow (approximation) | €-3k | €-6k | €10k | €932 | €748 | ▼ 19.8% |
| Investment in fixed assets (approximation) | - | €0 | €-5k | €-4k | €0 | ▲ 100% |
| Change in cash | - | €-7k | €8k | €-8k | €1k | ▲ 117% |
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
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €8k ▲74.5%
Operating result €13k, net result €8k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
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 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2004
Ground area
218 m²
Building footprint
204 m²
Volume, LiDAR
4,303 m³
Parcel 11808H1237/00L007, Flanders · tallest building 23.2 m, ±7 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
LUCID SOLUTIONS
since 20042.135.380.962
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1237/00L007 | Flanders | 218 m² | 1 · 204 m² | 23.1 m · 7 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.
Similar companies · same sector, comparable size
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iTLan
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BUREXPO
BE 0427.807.711
Meise · Eq €15,757
The Media Bay
BE 0884.715.521
Turnhout · Eq €15,998
DISI INFORMATIQUE
BE 0433.616.922
Wavre · Eq €15,494
Of 2,121 companies in sector 46500 we hold annual accounts for 1,403. 576 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
Founded05-02-2004
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
58290Other software publishing
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.