LUCINE
ActiveSummary
LUCINE has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,168 and a net result of €2,240. Equity has been growing by about 3% per year since 2018. Its solvency ranks better than 38% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Official details
Source: KBO- Status
- Active since 30-07-2004 Normal situation
- Activity
- General electrical installation work NACE 43211and 1 other
- Establishment unit
- 2.138.965.113 3640 Kinrooi, since 02-08-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 14-07-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €25,747
- ▼ 25.0%
- Turnover
- ≈ €120,000
- estimated
- Profit
- €2,240
- ▼ 77.4%
- Equity
- €33,168
- ▲ 7.2%
- Total assets
- €93,252
- ▲ 3.5%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.38, cash €1,070, halvedlowers riskFounded in 2004Size: total assets €93,252Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 38% of them on solvency, 10% on liquidity, 26% on profitability and 51% on growth.
The bankruptcy probability was computed on 01-11-2026 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
The company filed its last 7 accounts on average 11 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as LUCINE: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €89,000 and €104,000, founded between 2004 and 2007.
| Company | Total assets | Gross margin |
|---|---|---|
| LUCINE Kinrooi | €93,252 | €25,747 |
| CeyTech Bree | €103,628 | €26,122 |
| Elektriciteitswerken VANLOOCK Grobbendonk | €94,608 | €27,923 |
| LINEA AG Tournai | €89,017 | €28,091 |
| A.A. BATI ELEC Schaarbeek | €89,537 | €22,764 |
| BARELEC-SBS Gent | €98,012 | €24,344 |
| TIK Elec Hannut | €92,019 | €24,872 |
Key facts about LUCINE
- What is the company number of LUCINE?
- The company number of LUCINE is 0866.593.545. The VAT number is the same number with BE in front: BE 0866.593.545.
- Where is LUCINE based?
- The registered office is at Kloosterstraat(Kin) 23, 3640 Kinrooi.Company details
- What does LUCINE do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of LUCINE?
- The legal form of LUCINE is Private limited company (BV).
- When was LUCINE founded?
- LUCINE was founded on 30-07-2004.
- Is LUCINE still active?
- Yes, LUCINE is an active enterprise in the KBO register.
- How many employees does LUCINE have?
- LUCINE had an average of 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of LUCINE?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €25,747 and 45 comparable companies (NACE 43211). It probably lies between €84,000 and €180,000.
- Is LUCINE profitable?
- In financial year 2025, LUCINE made a profit of €2,240.
- Where can I find the annual accounts of LUCINE?
- LUCINE filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LUCINE due?
- LUCINE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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