LUGUICHA
ActiveLUGUICHA has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.97M and a net result of €705k. Equity is growing by ~15.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+27
Solvency63▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days only on tighter terms
Liquidity short (current ratio 0.2 against 0.23 in 2024; short-term debt: 41.2% and cash: 6.7% of total assets), and 62% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38%
Return on assets
13.6%
Age of the figures
18 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-01-2026, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
91 d late
2024
10 d early
2022
11 d early
2021
20 d early
2020
5 d early
2019
3 d early
2018
20 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, unclassified schema
Turnover
€350k
EBIT margin
34.2%
Net result
€705k▲ 577%
2024 · €104k
2019: €77k
2020: €559k
2021: €1.34M
2022: €9k
2024: €104k
2019 → 2025
Working capital
€-1.70M▼ 103%
2024 · €-836k
2019: €111k
2020: €1k
2021: €-238k
2022: €-375k
2024: €-836k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Turnover€350k
Equity€612k-€1.95M▲ 219%€1.96M▲ 0.5%€1.96M▲ 0.2%€1.97M▲ 0.3%
Operating result€-4k-€84k€89k▲ 6.0%€186k▲ 109%€120k▼ 35.8%
Net result€559k-€1.34M▲ 139%€9k▼ 99.3%€104k▲ 1,020%€705k▲ 577%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.17M
Fixed assets
€4.74M▼ 0.1%
Current assets
€434k▲ 76.6%
Equity and liabilities €5.17M
Equity
€1.97M▲ 0.3%
Provisions
€705k=
Debt
€2.50M▲ 7.7%
The debt ratio rises from 46.5% to 48.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€153k▼
2024 · €244k
Cash flow
€739k▲
2024 · €161k
Solvency
38.0%▼
2024 · 39.3%
Current ratio
0.20▼
2024 · 0.23
Quick ratio
0.20▼
2024 · 0.23
Debt / equity
1.27▲
2024 · 1.18
ROE
35.8%▲
2024 · 5.3%
ROA
13.6%▲
2024 · 2.1%
Interest coverage
1.51▼
2024 · 2.12
Debt
€2.50M▲
2024 · €2.32M
Debt ≤ 1 year
€2.13M▲
2024 · €1.08M
Debt > 1 year
€359k▼
2024 · €1.21M
Income taxes
€11k▼
2024 · €28k
Staff costs
€55k▼
2024 · €89k
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€4.99M€5.17M▲
Fixed assets21/28€4.74M€4.74M▼
Tangible fixed assets22/27€607k€583k▼
Land and buildings22€592k€572k▼
Furniture and vehicles24€16k€6k▼
Other tangible fixed assets26-€5k
Financial fixed assets28€4.13M€4.15M▲
Affiliated companies280/1-€4.15M
Participating interests280-€4.15M
Other financial fixed assets284/8-€363
Amounts receivable and cash guarantees285/8-€363
Current assets29/58€246k€434k▲
Amounts receivable within one year40/41€44k€76k▲
Trade receivables40€41k€66k▲
Other amounts receivable41€4k€10k▲
Cash at bank and in hand54/58€196k€347k▲
Deferred charges and accrued income490/1€5k€11k▲
Equity and liabilities
Total equity and liabilities10/49€4.99M€5.17M▲
Equity10/15€1.96M€1.97M▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€1.94M€1.95M▲
Provisions and deferred taxes16€705k€705k=
Provisions for liabilities and charges160/5€705k€705k=
Other liabilities and charges164/5€705k€705k=
Amounts payable17/49€2.32M€2.50M▲
Amounts payable after more than one year17€1.21M€359k▼
Financial debts170/4€391k€359k▼
Credit institutions173-€359k
Other amounts payable178/9€819k-
Amounts payable within one year42/48€1.08M€2.13M▲
Current portion of amounts payable after more than one year42€32k€33k▲
Trade debts44€9k€5k▼
Suppliers440/4€9k€5k▼
Taxes, remuneration and social security45€33k€29k▼
Taxes450/3€20k€10k▼
Remuneration and social security454/9€13k€18k▲
Other amounts payable47/48€1.01M€2.06M▲
Accrued charges and deferred income492/3€29k€9k▼
Income statement
Code20242025
Operating income70/76A-€429k
Turnover70-€350k
Other operating income74-€79k
Operating charges60/66A-€309k
Services and other goods61-€214k
Remuneration, social security and pensions62€89k€55k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€33k▼
Other operating charges640/8€11k€7k▼
Gross operating margin9900€344k-
Operating profit (loss)9901€186k€120k▼
Financial income75/76B€90k€701k▲
Recurring financial income75€90k€701k▲
Income from financial fixed assets750-€700k
Income from current assets751-€1k
Other financial income752/9-€12
Financial charges65/66B€145k€105k▼
Recurring financial charges65€115k€102k▼
Debt charges650-€102k
Other financial charges652/9-€673
Non-recurring financial charges66B€30k€3k▼
Profit (loss) for the period before taxes9903€132k€716k▲
Income taxes67/77€28k€11k▼
Taxes670/3-€11k
Tax adjustments and reversals of tax provisions77-€0
Profit (loss) for the period9904€104k€705k▲
Profit (loss) for the period to be appropriated9905€104k€705k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.04M€2.65M▲
Profit (loss) brought forward from the previous period14P€1.94M€1.94M▲
Profit to be distributed694/7€100k€700k▲
Return on contributions (dividend)694€100k€700k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (60 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · unclassified schema · 91 days late
2024
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
17-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-07
Financial
Weakest financial yearnet €9k ▼99.3%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-07
Financial
Highest result since 2019net €1.34M ▲139%
Net result €1.34M, the highest in the series.
31-07
Financial
Equity above €1MEq €1.95M ▲219%
3 profitable years in a row build equity to €1.95M.
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
Financial
Equity above €500kEq €612k ▲300%
2 profitable years in a row build equity to €612k.
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
18-07-2023
Resigned as Manager
Location & real-estate footprint
Registered office, Herve · 1 establishment unit since 2015
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.
Holliguette 4544654 HerveGround area
1,791 m²
Building footprint
177 m²
Volume, LiDAR
1,153 m³
Parcel 63015A0051/00D000, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LUGUICHA
since 20152.247.667.271
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63015A0051/00D000 | Wallonia | 1,791 m² | 1 · 177 m² | 9.0 m · 2 fl. |
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
FDC-FORCHIES
BE 0721.465.907
Fontaine-l'Evêque · Eq €1.97M
CRODI
BE 0896.630.485
Bornem · Eq €1.97M
MARCO
BE 0454.270.893
Ingelmunster · Eq €1.97M
DISTRY-HANNUT
BE 0463.213.897
Aubel · Eq €1.96M
Kieskeur
BE 0414.804.959
Oostkamp · Eq €1.98M
Of 10,527 companies in sector 47110 we hold annual accounts for 5,861. 1,521 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-08-2015
Fiscal year end31-03
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
82990Other business support services
47521Retail sale of hardware, building materials, paint and glass (general range)
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.