Checked.be
Active
BE 0749.525.730Private limited company
Lucky Cloud
Boskant(LUB) 6 ·3210 Lubbeek, Belgium· 6 yrs active
Sector: Equestrian clubs
(93127)
Conclusion
Lucky Cloud has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 85% of 2221 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Based on the State Gazette, CBE and 6 annual accounts.
Key figures
| Equity | €55k |
| Net result | €18k |
| Better than sector | 85% |
| Active | 6 yrs |
Financial profile
84
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
68
Profitability
100
Solvency
76
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2020, 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 Flags
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.
Checked score
68
/ 100
Healthy
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.
Indicative credit limit
€4k
estimate, not credit advice
Score history
45
2020
36
2021
51
2022
51
2023
66
2024
68
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.91 (< 1.0)
-10
Leverage
Debt/equity 0.35 (< 1.0)
+10
Profitability
ROE 33% (≥ 10%)
+10
Interest coverage
Interest coverage 571.1× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 12-07-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~41% of the level (threshold 35%). We therefore deliberately show no projection line.
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 2025 · NACE 93, Sports, amusement and recreation activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 74.1% | 27.8% | |
| Net result | €18k | €4k | |
| Equity | €55k | €30k | |
| Gross operating margin | €41k | €34k | |
| Total assets | €74k | €149k |
€0
-
20-25
€40k
-24.9%
20-25
€18k
-27.1%
20-25
€32k
-19.4%
20-25
€74k
-42.0%
20-25
€55k
+57.8%
20-25
€-2k
+94.2%
20-25
€8k
-42.0%
20-25
€19k
-79.4%
20-25
€19k
-80.1%
20-25
0.91
+33.8%
20-25
0.91
+33.8%
20-25
74.1%
+172.2%
20-25
0.35
-86.9%
20-25
32.6%
-53.8%
20-25
24.2%
+25.7%
20-25
571.10
-21.6%
20-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | €0 |
| EBITDA | €40k | €54k | €20k | €5k | €3k |
| Net profit | €18k | €25k | €7k | €449 | €3 |
| Cash flow | €32k | €40k | €17k | €5k | €3k |
| Staff costs | - | - | - | - | - |
| Income taxes | €8k | €13k | €2k | €52 | - |
| Dividends | - | - | - | - | - |
| Total assets | €74k | €128k | €93k | €41k | €13k |
| Equity | €55k | €35k | €10k | €3k | €3k |
| Debt | €19k | €93k | €82k | €38k | €10k |
| of which ≤ 1y | €19k | €93k | €82k | €38k | €10k |
| of which > 1y | - | - | - | - | - |
| Working capital | €-2k | €-30k | €-62k | €-26k | €-10k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.91 | 0.68 | 0.24 | 0.30 | 0.02 |
| Quick ratio | 0.91 | 0.68 | 0.24 | 0.30 | 0.02 |
| Working capital ratio | -2.3% | -23.5% | -67.3% | -64.2% | -76.4% |
| Solvency | 74.1% | 27.2% | 11.0% | 7.9% | 22.2% |
| Debt / equity | 0.35 | 2.67 | 8.08 | 11.61 | 3.51 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 571.10 | 728.31 | 288.33 | 65.31 | 44.82 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 24.2% | 19.3% | 7.5% | 1.1% | 0.0% |
| ROE | 32.6% | 70.7% | 68.0% | 13.8% | 0.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €74k | €128k | €93k | €41k | €13k |
| Fixed assets | 21/28 | €57k | €65k | €73k | €30k | €12k |
| Tangible fixed assets | 22/27 | €57k | €65k | €73k | €30k | €12k |
| Current assets | 29/58 | €17k | €63k | €20k | €11k | €174 |
| Amounts receivable within one year | 40/41 | €14k | €16k | €10k | €8k | €0 |
| Cash & bank | 54/58 | €2k | €46k | €10k | €4k | €174 |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €74k | €128k | €93k | €41k | €13k |
| Equity | 10/15 | €55k | €35k | €10k | €3k | €3k |
| Contributions / capital | 10/11 | €2k | €2k | €2k | €2k | €2k |
| Reserves | 13 | €53k | €33k | €8k | €1k | - |
| Accumulated profits (losses) | 14 | - | - | - | €0 | €809 |
| Amounts payable | 17/49 | €19k | €93k | €82k | €38k | €10k |
| Amounts payable within one year | 42/48 | €19k | €93k | €82k | €38k | €10k |
| Trade debts payable within one year | 44 | - | €14k | €313 | €0 | €0 |
| Income statement | ||||||
| Turnover | 70 | - | - | - | - | €0 |
| Gross operating margin | 9900 | €41k | €54k | €21k | €5k | €3k |
| Operating result | 9901 | €26k | €38k | €9k | €576 | €68 |
| Financial income | 75 | - | €45 | - | - | - |
| Financial charges | 65 | €70 | €74 | €69 | €75 | €64 |
| Result before taxes | 9903 | €26k | €38k | €9k | €501 | €3 |
| Income taxes | 67/77 | €8k | €13k | €2k | €52 | - |
| Net result for the period | 9904 | €18k | €25k | €7k | €449 | €3 |
| Result to be appropriated | 9905 | €18k | €25k | €7k | €449 | €3 |
Legal Structure
| NACE primary | Equestrian clubs(93127) |
| Legal form | Private limited company(610) |
| Incorporation | 29-06-2020 |
| Status | Active |
| Postal code | 3210 |
Establishment units
Lucky Cloud
since 20202.307.364.833
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24066D0092/00D000 | Flanders | 1,589 m² | 1 · 146 m² | 18.7 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
12-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2020net €25k ▲255%
Operating result €38k, net result €25k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €3 ▼99.6%
Net result drops to €3, the lowest in the series; recovery starts the following year.
08-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
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.
Credit advice
Company registry (CBE)
Activities
Equestrian clubs93127Activities of head offices; management consultancy activities70210Urban planning and landscape architecture71113Public relations and communication consultancy73300Office administrative and support services82100Office administrative, office support and other business support activities82110Other business support services82990Sports and recreation education85510
Names & trade names
| Legal nameNL | Lucky Cloud |
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