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LUCKARN

Active
Private limited company (pre-2019)founded 201016 yrs activeNaamsesteenweg 104, 3001 Leuven, BelgiumKBO/BCE: BE 0826.303.705
Summary

LUCKARN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5,138) and a net result of -€23,920. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 18973 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability15▼-37
Solvency23▼-8
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.73 against 0.69 in 2024; short-term debt: 101.6% and cash: 15.7% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-1.6%
Return on assets
-7.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€5,138
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
31 d early
2023
29 d late
2022
2 d late
2021
51 d early
2020
26 d early
2019
55 d late
← 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 3 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 31 May 2010, LUCKARN was incorporated.1 Total assets went from EUR 285,918 in 2018 to EUR 321,201 in 2025 and headcount from 4.6 to 7.1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€5,138
2024 · €18,783
Total assets
€321,201▲ 11.0%
2024 · €289,384
Net result
-€23,920
2024 · €1,537
Working capital
-€87,808▼ 3.6%
2024 · -€84,730
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€37,963▲ 41.7%€20,616▼ 45.7%€11,150▼ 45.9%€9,227▼ 17.2%-€12,016
Net result€18,260within the sector's middle half▲ 221%€1,326below the sector's middle half▼ 92.7%-€20,580below the sector's middle half€1,537below the sector's middle half-€23,920below the sector's middle half
Equity€36,499below the sector's middle half▲ 100%€37,825below the sector's middle half▲ 3.6%€17,246below the sector's middle half▼ 54.4%€18,783below the sector's middle half▲ 8.9%-€5,138below the sector's middle half
Total assets€391,380below the sector's middle half▲ 4.6%€402,123below the sector's middle half▲ 2.7%€391,131below the sector's middle half▼ 2.7%€289,384below the sector's middle half▼ 26.0%€321,201within the sector's middle half▲ 11.0%
Debt€354,881▼ 0.3%€364,298▲ 2.7%€373,885▲ 2.6%€270,601▼ 27.6%€326,339▲ 20.6%
Working capital€3,674below the sector's middle half▼ 62.2%-€57,967below the sector's middle half-€80,425below the sector's middle half▼ 38.7%-€84,730below the sector's middle half▼ 5.4%-€87,808below the sector's middle half▼ 3.6%
Solvency9.3%below the sector's middle half▲ 4.5pp9.4%below the sector's middle half▲ 0.1pp4.4%below the sector's middle half▼ 5.0pp6.5%below the sector's middle half▲ 2.1pp-1.6%below the sector's middle half▼ 8.1pp
Current ratio1.01below the sector's middle half▼ 0.030.82below the sector's middle half▼ 0.200.77below the sector's middle half▼ 0.050.69below the sector's middle half▼ 0.080.73below the sector's middle half▲ 0.04
Return on assets (ROA)4.7%within the sector's middle half▲ 3.1pp0.3%below the sector's middle half▼ 4.3pp-5.3%below the sector's middle half▼ 5.6pp0.5%within the sector's middle half▲ 5.8pp-7.4%below the sector's middle half▼ 8.0pp
Staff (FTE)5.7within the sector's middle half▲ 16.3%5within the sector's middle half▼ 12.3%4.9within the sector's middle half▼ 2.0%5.4within the sector's middle half▲ 10.2%7.1▲ 31.5%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2021: €37,963€37,963Net result 2021: €18,260€18,260Operating result 2022: €20,616€20,616Net result 2022: €1,326€1,326Operating result 2023: €11,150€11,150Net result 2023: -€20,580-€20,580Operating result 2024: €9,227€9,227Net result 2024: €1,537€1,537Operating result 2025: -€12,016-€12,016Net result 2025: -€23,920-€23,92020212022202320242025-€30,000-€20,000-€10,000€0€10,000Operating result 2023: €11,150€11,100Net result 2023: -€20,580-€20,600Operating result 2024: €9,227€9,230Net result 2024: €1,537€1,540Operating result 2025: -€12,016-€12,000Net result 2025: -€23,920-€23,900202320242025
The operating result turns negative in 2025: a loss of €12,016 after €9,227 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €321,201
Fixed assets €82,670 ▼ 20.1%
Current assets €238,531 ▲ 28.3%
Equity and liabilities
Equity-€5,138
Debt€326,339
Equity is negative: debt (€326,339) exceeds the balance-sheet total (€321,201).
Key figures and ratios
2025 value · change against 2024
EBITDA
€8,826▼
2024 · €30,069
Cash flow
-€3,078▼
2024 · €22,379
Quick ratio
0.35▲
2024 · 0.30
Interest coverage
0.70▼
2024 · 3.97
Debt ≤ 1 year
€326,339▲
2024 · €270,601
Income taxes
€209▲
2024 · €186
Staff costs
€138,840▼
2024 · €152,021
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,332 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a small loss
2.8% went bankrupt
5.8% stopped otherwise
91% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 2,332 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€289,384€321,201▲
Fixed assets21/28€103,513€82,670▼
Tangible fixed assets22/27€103,513€82,670▼
Plant, machinery and equipment23€20,439€16,834▼
Furniture and vehicles24€2,280€1,547▼
Other tangible fixed assets26€80,794€64,290▼
Current assets29/58€185,871€238,531▲
Stocks and contracts in progress3€105,237€125,236▲
Stocks30/36€105,237€125,236▲
Amounts receivable within one year40/41€35,688€56,511▲
Trade receivables40€1,700€1,700=
Other amounts receivable41€33,988€54,811▲
Cash at bank and in hand54/58€38,141€50,560▲
Deferred charges and accrued income490/1€6,805€6,223▼
Equity and liabilities
Total equity and liabilities10/49€289,384€321,201▲
Equity10/15€18,783-€5,138▼
Contributions10/11€60,000€60,000=
Reserves13€6,000€6,000=
Non-distributable reserves130/1€6,000€6,000=
Reserves not available under the articles1311€6,000€6,000=
Profit (loss) carried forward14-€47,217-€71,138▼
Amounts payable17/49€270,601€326,339▲
Amounts payable within one year42/48€270,601€326,339▲
Current portion of amounts payable after more than one year42€26,684€3,851▼
Trade debts44€182,261€270,287▲
Suppliers440/4€182,261€270,287▲
Taxes, remuneration and social security45€42,680€39,935▼
Taxes450/3€942€2,808▲
Remuneration and social security454/9€41,738€37,128▼
Other amounts payable47/48€18,975€12,265▼
Income statement Code20242025
Remuneration, social security and pensions62€152,021€138,840▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,842€20,842=
Other operating charges640/8€2,082€1,686▼
Gross operating margin9900€184,172€149,353▼
Operating profit (loss)9901€9,227-€12,016▼
Financial income75/76B€75€963▲
Recurring financial income75€75€963▲
Financial charges65/66B€7,579€12,658▲
Recurring financial charges65€7,579€12,658▲
Profit (loss) for the period before taxes9903€1,723-€23,711▼
Income taxes67/77€186€209▲
Profit (loss) for the period9904€1,537-€23,920▼
Profit (loss) for the period to be appropriated9905€1,537-€23,920▼
Appropriation of the result
Profit (loss) to be appropriated9906-€47,217-€71,138▼
Profit (loss) brought forward from the previous period14P-€48,754-€47,217▲
Social balance
Average headcount (FTE)90875.4-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€120,806€133,021€144,775€152,021€138,840▼ 8.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,796€17,867€20,779€20,842€20,842=
Other operating charges640/8€1,432€2,329€1,825€2,082€1,686▼ 19.0%
Gross operating margin9900€173,997€173,833€178,529€184,172€149,353▼ 18.9%
Operating profit (loss)9901€37,963€20,616€11,150€9,227-€12,016▼ 230%
Financial income75/76B€281€149€64€75€963▲ 1,185%
Recurring financial income75€281€149€64€75€963▲ 1,185%
Financial charges65/66B€19,806€19,290€31,557€7,579€12,658▲ 67.0%
Recurring financial charges65€19,806€19,290€31,557€7,579€12,658▲ 67.0%
Profit (loss) for the period before taxes9903€18,438€1,475-€20,343€1,723-€23,711▼ 1,476%
Income taxes67/77€179€149€237€186€209▲ 12.5%
Profit (loss) for the period9904€18,260€1,326-€20,580€1,537-€23,920▼ 1,656%
Profit (loss) for the period to be appropriated9905€18,260€1,326-€20,580€1,537-€23,920▼ 1,656%
Line20212022202320242025Change
Assets
Total assets20/58€391,380€402,123€391,131€289,384€321,201▲ 11.0%
Fixed assets21/28€103,821€143,626€124,355€103,513€82,670▼ 20.1%
Tangible fixed assets22/27€103,821€143,626€124,355€103,513€82,670▼ 20.1%
Plant, machinery and equipment23€10,983€27,648€24,043€20,439€16,834▼ 17.6%
Furniture and vehicles24-€2,175€3,014€2,280€1,547▼ 32.2%
Other tangible fixed assets26€92,838€113,802€97,298€80,794€64,290▼ 20.4%
Current assets29/58€287,559€258,497€266,775€185,871€238,531▲ 28.3%
Stocks and contracts in progress3€161,034€153,602€165,311€105,237€125,236▲ 19.0%
Stocks30/36€161,034€153,602€165,311€105,237€125,236▲ 19.0%
Amounts receivable within one year40/41€39,835€46,386€56,708€35,688€56,511▲ 58.3%
Trade receivables40€12,584€17,075€15,208€1,700€1,700=
Other amounts receivable41€27,251€29,311€41,500€33,988€54,811▲ 61.3%
Cash at bank and in hand54/58€78,398€58,510€38,188€38,141€50,560▲ 32.6%
Deferred charges and accrued income490/1€8,292-€6,568€6,805€6,223▼ 8.6%
Equity and liabilities
Total equity and liabilities10/49€391,380€402,123€391,131€289,384€321,201▲ 11.0%
Equity10/15€36,499€37,825€17,246€18,783-€5,138▼ 127%
Contributions10/11€60,000€60,000€60,000€60,000€60,000=
Outside capital11€60,000€60,000----
Other1109/19€60,000€60,000----
Reserves13€6,000€6,000€6,000€6,000€6,000=
Non-distributable reserves130/1€6,000€6,000€6,000€6,000€6,000=
Reserves not available under the articles1311€6,000€6,000€6,000€6,000€6,000=
Profit (loss) carried forward14-€29,501-€28,175-€48,754-€47,217-€71,138▼ 50.7%
Amounts payable17/49€354,881€364,298€373,885€270,601€326,339▲ 20.6%
Amounts payable after more than one year17€70,996€47,834€26,684---
Financial debts170/4€70,996€47,834€26,684---
Amounts payable within one year42/48€283,885€316,464€347,200€270,601€326,339▲ 20.6%
Current portion of amounts payable after more than one year42€28,988€23,162€22,379€26,684€3,851▼ 85.6%
Trade debts44€200,258€236,725€264,916€182,261€270,287▲ 48.3%
Suppliers440/4€200,258€236,725€264,916€182,261€270,287▲ 48.3%
Taxes, remuneration and social security45€31,777€33,552€39,370€42,680€39,935▼ 6.4%
Taxes450/3€179€328€2,707€942€2,808▲ 198%
Remuneration and social security454/9€31,598€33,224€36,663€41,738€37,128▼ 11.0%
Other amounts payable47/48€22,862€23,025€20,536€18,975€12,265▼ 35.4%
Line20212022202320242025Change
Profit (loss) for the period9904€18,260€1,326-€20,580€1,537-€23,920▼ 1,656%
+ Depreciation and write-downs630€13,796€17,867€20,779€20,842€20,842=
Operating cash flow (approximation)€32,056€19,193€200€22,379-€3,078▼ 114%
Investment in fixed assets (approximation)--€57,672-€1,509€0€0-
Change in cash--€19,888-€20,321-€47€12,419▲ 26,451%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €1,537
Net result €1,537 after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
02-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
10-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €18,260 ▲221%
Operating result €37,963, net result €18,260, both a record.
05-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €5,681
Net result €5,681 after one loss-making year.
24-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
31-12
Financial Weakest financial yearnet -€24,274
Net result drops to -€24,274, the lowest in the series; recovery starts the following year.
23-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
527 m²
Building footprint
447 m²
Volume, LiDAR
2,665 m³
Parcel 24434F0324/00A000, Flanders · tallest building 14.3 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
CARREFOUR EXPRESS
Naamsesteenweg 104, 3001 LeuvenRetail trade
since 20102.188.843.897
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24434F0324/00A000 Flanders 527 m² 1 · 447 m² 14.3 m · 1 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Leuven2.188.843.897
1 permission
Toelating · Detailhandel · since 31-05-2010

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,504 companies in this sector we hold annual accounts for 5,855. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded31-05-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID 0208:0826303705
Also 9925:BE0826303705
Registered 15-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.