LUCOTOIT
ActiveLUCOTOIT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €1k. Equity is shrinking by ~44.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 12% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
71
/ 100
Healthy▲ +23 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency16▲+3
Growth58=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 0.99 in 2024), and 93.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 27358 sector peers (2025).
NBB · sector comparisonPosition among 27358 sector peers
Solvency
better than 12%
← weakest
strongest →
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €5k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
29 d late
2023
28 d late
2022
30 d late
2021
6 d early
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▲ 47.8%
2024 · €3k
2018: €42k
2019: €33k
2020: €36k
2021: €23k
2022: €-90
2023: €2k
2024: €3k
2018 → 2025
Total assets
€74k▼ 29.4%
2024 · €105k
2018: €121k
2019: €118k
2020: €122k
2021: €130k
2022: €88k
2023: €92k
2024: €105k
2018 → 2025
Net result
€1k▲ 85.0%
2024 · €796
2018: €-16k
2019: €-9k
2020: €4k
2021: €-13k
2022: €-24k
2023: €2k
2024: €796
2018 → 2025
Working capital
€4k
2024 · €-650
2018: €22k
2019: €5k
2020: €19k
2021: €8k
2022: €-15k
2023: €-7k
2024: €-650
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€-90€2k€3k▲ 34.8%€5k▲ 47.8%
Operating result€-12k-€-22k▼ 88.3%€3k€2k▼ 40.7%€3k▲ 28.2%
Net result€-13k-€-24k▼ 81.3%€2k€796▼ 66.5%€1k▲ 85.0%
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 2025; 2025 is 28% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€416▼ 88.8%
Current assets
€74k▼ 27.2%
Equity and liabilities €74k
Equity
€5k▲ 47.8%
Debt
€69k▼ 31.8%
The debt ratio falls from 97.1% to 93.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€6k▼
2024 · €8k
Cash flow
€5k▼
2024 · €6k
Solvency
6.1%▲
2024 · 2.9%
Current ratio
1.06▲
2024 · 0.99
Quick ratio
0.63▼
2024 · 0.76
Debt / equity
15.26▼
2024 · 33.06
ROE
32.3%▲
2024 · 25.8%
ROA
2.0%▲
2024 · 0.8%
Interest coverage
8.05▼
2024 · 8.30
Debt
€69k▼
2024 · €102k
Debt ≤ 1 year
€69k▼
2024 · €102k
Income taxes
€301▲
2024 · €289
Staff costs
€22k▲
2024 · €92
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€105k€74k▼
Fixed assets21/28€4k€416▼
Tangible fixed assets22/27€4k€0▼
Plant, machinery and equipment23€2k€0▼
Furniture and vehicles24€2k€0▼
Financial fixed assets28€50€416▲
Current assets29/58€101k€74k▼
Stocks and contracts in progress3€24k€30k▲
Stocks30/36€24k€30k▲
Contracts in progress37€25€25=
Amounts receivable within one year40/41€75k€42k▼
Trade receivables40€57k€27k▼
Other amounts receivable41€18k€14k▼
Cash at bank and in hand54/58€1k€0▼
Deferred charges and accrued income490/1€593€2k▲
Equity and liabilities
Total equity and liabilities10/49€105k€74k▼
Equity10/15€3k€5k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-17k€-16k▲
Amounts payable17/49€102k€69k▼
Amounts payable within one year42/48€102k€69k▼
Current portion of amounts payable after more than one year42€0€0=
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€62k€32k▼
Suppliers440/4€62k€32k▼
Taxes, remuneration and social security45€37€3k▲
Taxes450/3€37€49▲
Remuneration and social security454/9€0€3k▲
Other amounts payable47/48€39k€29k▼
Income statement
Code20242025
Remuneration, social security and pensions62€92€22k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€4k▼
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€413-
Gross operating margin9900€11k€31k▲
Operating profit (loss)9901€2k€3k▲
Financial income75/76B€7€6▼
Recurring financial income75€7€6▼
Financial charges65/66B€905€773▼
Recurring financial charges65€905€773▼
Profit (loss) for the period before taxes9903€1k€2k▲
Income taxes67/77€289€301▲
Profit (loss) for the period9904€796€1k▲
Profit (loss) for the period to be appropriated9905€796€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-16k▲
Profit (loss) brought forward from the previous period14P€-18k€-17k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Gouvy · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Langlire 37A6674 GouvyGround area
1,095 m²
Building footprint
225 m²
Parcel 82020A0481/00S000, Wallonia. Linked by address, not a title deed.
1 establishment unit
LUCOTOIT
since 20112.200.163.995
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82020A0481/00S000 | Wallonia | 1,095 m² | 1 · 225 m² | - |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
DAKWERKEN IR
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JM BUGNI
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ISCO BOUW
BE 1020.990.326
Gent · Eq €4k
Dakwerken Verkade
BE 0507.796.780
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PIOTOITURE
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Of 8,483 companies in sector 43410 we hold annual accounts for 4,308. 1,340 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-03-2011
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.