Equity
Equity fell by 91% in 2 years.
Equity fell by 91% in 2 years.
The micro format states no turnover.
Of this, €50,618 falls due within a year.
The 2021 accounts came latest: 61 days after the end of the period.
Lower solvency than 85% of companies in head offices and management consultancy. Sector median 55.5% · 39,368 companies.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 15% of them on solvency, 76% on liquidity, 84% on profitability and 6% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 2,153 companies had the same profile as Luckidee has now. Each dot stands for 6 companies, two years later.
The bankruptcy probability of Luckidee itself is lower: 0.1% within 12 months. It rests on far more data about Luckidee than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for Luckidee. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.83 (2.33 in 2024), above the usual 1.5. Short-term debt is 22.8% and cash 33.5% of total assets. However, 92.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 5 accounts on average on the deadline day. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Luckidee Sint-Martens-Latem | €222,436 | €147,538 | 7.7% | - |
| LIEMAQS Sint-Martens-Latem | €219,884 | €136,813 | 16.9% | - |
| Humble Advice Evergem | €201,480 | €160,082 | 53.3% | - |
| NEONWHALE Ghent | €200,721 | €135,937 | 1.9% | - |
| PERTZ & ZONEN Ghent | €222,145 | €156,917 | 2.7% | - |
| DNY Consult Zottegem | €204,744 | €127,682 | 49.1% | - |
| Beke Architecten Ghent | €222,867 | €160,447 | 75.6% | - |
These companies have the same main activity as Luckidee: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €201,000 and €223,000, founded between 2019 and 2020.
Luckidee files the micro format. That format states no turnover. The gross margin fell from €313,280 in 2021 to €147,538 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €250,000. Estimated: probably between €210,000 and €300,000.
Higher than 15% of 39,368 companies in 2025.
Higher than 61% of 38,051 companies in 2025.
Higher than 88% of 38,523 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
222,436 | 253,778 | 296,377 | 307,300 | 286,468 | |
21/28 |
79,091 | 101,889 | 133,601 | 66,177 | 49,592 | |
22/27 |
79,091 | 101,889 | 133,601 | 66,177 | 49,592 | |
23 |
32,763 | 39,512 | 46,508 | 48,551 | 49,592 | |
24 |
46,328 | 62,376 | 87,094 | 17,626 | - | |
29/58 |
143,345 | 151,889 | 162,776 | 241,123 | 236,876 | |
40/41 |
67,181 | 31,922 | 58,902 | 30,465 | 89,843 | |
40 |
36,092 | 26,435 | 26,950 | 30,465 | 89,843 | |
41 |
31,089 | 5,487 | 31,951 | - | - | |
54/58 |
74,441 | 118,317 | 102,134 | 209,485 | 146,052 | |
490/1 |
1,723 | 1,650 | 1,740 | 1,173 | 982 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
222,436 | 253,778 | 296,377 | 307,300 | 286,468 | |
10/15 |
17,138 | 163,630 | 199,459 | 188,342 | 153,444 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
13 |
- | 151,444 | 151,444 | 151,444 | 151,444 | |
133 |
- | 151,444 | 151,444 | 151,444 | 151,444 | |
14 |
15,138 | 10,186 | 46,014 | 34,898 | - | |
17/49 |
205,298 | 90,148 | 96,919 | 118,958 | 133,024 | |
17 |
154,680 | 24,964 | 59,735 | 10,696 | 23,335 | |
170/4 |
154,680 | 24,964 | 59,735 | 10,696 | 23,335 | |
42/48 |
50,618 | 65,183 | 37,184 | 108,262 | 109,689 | |
42 |
12,784 | 12,280 | - | 12,639 | 12,428 | |
43 |
67 | 333 | 1,570 | - | - | |
430/8 |
67 | 333 | 1,570 | - | - | |
44 |
- | - | 11,257 | 1,019 | 1,593 | |
440/4 |
- | - | 11,257 | 1,019 | 1,593 | |
45 |
37,626 | 52,571 | 24,358 | 94,604 | 95,668 | |
450/3 |
37,626 | 52,571 | 24,358 | 94,604 | 95,668 | |
47/48 |
141 | - | - | - | - | |
| Income statement | ||||||
9900 |
147,538 | 172,604 | 130,872 | 151,117 | 313,280 | |
630 |
22,798 | 31,713 | 17,686 | 15,419 | 8,282 | |
640/8 |
1,539 | 1,148 | 2,329 | 1,813 | 5,734 | |
9901 |
123,202 | 139,743 | 110,857 | 133,885 | 299,264 | |
75/76B |
- | 688 | 1,629 | - | - | |
75 |
- | 688 | 1,629 | - | - | |
65/66B |
1,900 | 3,331 | 1,344 | 1,538 | 3,638 | |
65 |
1,900 | 3,331 | 1,344 | 1,538 | 3,638 | |
9903 |
121,302 | 137,100 | 111,142 | 132,347 | 295,626 | |
67/77 |
3,150 | 21,915 | 8,860 | 13,850 | 77,582 | |
9904 |
118,152 | 115,186 | 102,283 | 118,498 | 218,044 | |
9905 |
118,152 | 115,186 | 102,283 | 118,498 | 218,044 | |
| Appropriation of the result | ||||||
9906 |
128,338 | 161,200 | 137,180 | 118,498 | 218,044 | |
14P |
10,186 | 46,014 | 34,898 | - | - | |
791/2 |
151,444 | - | - | - | - | |
691/2 |
- | - | - | - | 151,444 | |
6921 |
- | - | - | - | 151,444 | |
694/7 |
264,644 | 151,014 | 91,166 | 83,600 | 66,600 | |
694 |
238,296 | 96,014 | 1,666 | 1,600 | 1,600 | |
695 |
26,348 | 55,000 | 89,500 | 82,000 | 65,000 | |
| Document | ||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00224506 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00198960 | |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00424081 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00181296 | |
| 31-12-2021 | micro format | 30-09-2022 | 2022-20444566 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 146,000 | 171,456 | 128,543 | 149,304 | 307,546 | ||
| 140,950 | 146,899 | 119,968 | 133,916 | 226,326 | ||
| 0 | 0 | 85,111 | 32,004 | 57,874 | ||
| -43,877 | 16,183 | -107,351 | 63,433 | - | ||
| 92,727 | 86,706 | 125,592 | 132,861 | 127,188 | ||
| 7.7% | 64.5% | 67.3% | 61.3% | 53.6% | ||
| 2.83 | 2.33 | 4.38 | 2.23 | 2.16 | ||
| 11.98 | 0.55 | 0.49 | 0.63 | 0.87 | ||
| 689.4% | 70.4% | 51.3% | 62.9% | 142.1% | ||
| 53.1% | 45.4% | 34.5% | 38.6% | 76.1% | ||
| 76.83 | 51.47 | 95.64 | 97.10 | 84.53 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €85,111 | €32,004 | €57,874 |
| €22,798 | €31,713 | €17,686 | €15,419 | €8,282 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 12% lower than in 2024.
Debt's share of the balance-sheet total rises from 35.5% to 92.3%. Equity is lower and debt is higher.
Luckidee has no parent and no holdings in its annual accounts. Luckidee shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Dorsweg 4 registered office 9830 Sint-Martens-Latem | 23-01-2020 | 2.298.935.929 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44064B0441/00Z008 | 928 m² | 1 · 182 m² | 8.3 m · 2 |
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