LUIGI
ActiveSummary
LUIGI has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8,243 and a net result of -€155. Equity is shrinking by ~25.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability33▲+33
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 2024Solvency, return and age of the figures
Solvency
100%
Return on assets
-1.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
16 d early
2022
53 d early
2021
60 d late
2020
425 d late
2019
115 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 93 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€8,243▼ 1.8%
2023 · €8,398
Total assets
€8,243▼ 24.5%
2023 · €10,920
Net result
-€155▲ 93.0%
2023 · -€2,202
Working capital
€3,714▼ 66.5%
2021 · €11,090
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€7,900-€28,151-€2,291▲ 91.9%-€1,739▲ 24.1%
Net result€5,732-€28,350-€2,064▲ 92.7%-€2,202▼ 6.7%-€155▲ 93.0%
Equity€41,014▲ 16.2%€12,664▼ 69.1%€10,600▼ 16.3%€8,398▼ 20.8%€8,243▼ 1.8%
Total assets€109,440▲ 16.7%€37,405▼ 65.8%€10,600▼ 71.7%€10,920▲ 3.0%€8,243▼ 24.5%
Debt€68,426▲ 16.9%€24,741▼ 63.8%€2,522
Working capital€39,440▲ 17.0%€11,090▼ 71.9%€3,714
Staff (FTE)11=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,739 in 2023 against €2,291 in 2022; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8,243
Fixed assets
€4,685 =
Current assets
€3,559 ▼ 42.9%
Key figures and ratios
Solvency
100.0%▲
2023 · 76.9%
ROE
-1.9%▲
2023 · -26.2%
ROA
-1.9%▲
2023 · -20.2%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €251 | - | - | - |
| Remuneration, social security and pensions62 | €15,693 | €14,318 | -€350 | - | - | - |
| Other operating charges640/8 | €2,064 | €2,286 | €1,271 | - | - | - |
| Gross operating margin9900 | €25,658 | -€11,546 | -€1,370 | -€1,739 | - | - |
| Operating profit (loss)9901 | €7,900 | -€28,151 | -€2,291 | -€1,739 | - | - |
| Financial income75/76B | €192 | - | €774 | - | - | - |
| Recurring financial income75 | €192 | - | €774 | - | - | - |
| Financial charges65/66B | €2,360 | €199 | €547 | €463 | €155 | ▼ 66.5% |
| Recurring financial charges65 | €2,360 | €199 | €547 | €463 | €155 | ▼ 66.5% |
| Profit (loss) for the period before taxes9903 | €5,732 | -€28,350 | -€2,064 | -€2,202 | -€155 | ▲ 93.0% |
| Profit (loss) for the period9904 | €5,732 | -€28,350 | -€2,064 | -€2,202 | -€155 | ▲ 93.0% |
| Profit (loss) for the period to be appropriated9905 | €5,732 | -€28,350 | -€2,064 | -€2,202 | -€155 | ▲ 93.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €109,440 | €37,405 | €10,600 | €10,920 | €8,243 | ▼ 24.5% |
| Fixed assets21/28 | €1,575 | €1,574 | - | €4,685 | €4,685 | = |
| Tangible fixed assets22/27 | €1 | - | - | - | - | - |
| Other tangible fixed assets26 | €1 | - | - | - | - | - |
| Financial fixed assets28 | €1,574 | €1,574 | - | €4,685 | €4,685 | = |
| Current assets29/58 | €107,865 | €35,831 | €10,600 | €6,235 | €3,559 | ▼ 42.9% |
| Stocks and contracts in progress3 | €107,506 | - | - | - | - | - |
| Stocks30/36 | €107,506 | - | - | - | - | - |
| Amounts receivable within one year40/41 | - | - | €3,589 | - | €3,557 | - |
| Other amounts receivable41 | - | - | €3,589 | - | €3,557 | - |
| Cash at bank and in hand54/58 | - | €35,831 | €7,011 | €6,235 | €2 | ▼ 100.0% |
| Deferred charges and accrued income490/1 | €359 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €109,440 | €37,405 | €10,600 | €10,920 | €8,243 | ▼ 24.5% |
| Equity10/15 | €41,014 | €12,664 | €10,600 | €8,398 | €8,243 | ▼ 1.8% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €8,454 | €8,454 | €8,454 | €8,454 | €8,454 | = |
| Non-distributable reserves130/1 | €620 | €620 | €620 | €620 | €620 | = |
| Reserves not available under the articles1311 | €620 | €620 | €620 | €620 | €620 | = |
| Tax-exempt reserves132 | €7,835 | €7,835 | €7,835 | €7,835 | €7,835 | = |
| Profit (loss) carried forward14 | €13,968 | -€14,382 | -€16,447 | -€18,648 | -€18,803 | ▼ 0.8% |
| Amounts payable17/49 | €68,426 | €24,741 | - | €2,522 | - | - |
| Amounts payable within one year42/48 | €68,426 | €24,741 | - | €2,522 | - | - |
| Financial debts43 | €8,269 | - | - | - | - | - |
| Credit institutions430/8 | €8,269 | - | - | - | - | - |
| Trade debts44 | €19,774 | €117 | - | - | - | - |
| Suppliers440/4 | €19,774 | €117 | - | - | - | - |
| Taxes, remuneration and social security45 | €10,764 | €1,825 | - | - | - | - |
| Taxes450/3 | €6,449 | €1,618 | - | - | - | - |
| Remuneration and social security454/9 | €4,315 | €207 | - | - | - | - |
| Other amounts payable47/48 | €29,618 | €22,799 | - | €2,522 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,732 | -€28,350 | -€2,064 | -€2,202 | -€155 | ▲ 93.0% |
| Operating cash flow (approximation) | €5,732 | -€28,350 | -€2,064 | -€2,202 | -€155 | ▲ 93.0% |
| Investment in fixed assets (approximation) | - | €1 | - | - | €0 | - |
| Change in cash | - | - | -€28,820 | -€776 | -€6,233 | ▼ 704% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 425 days late
2021
31-12
Financial
Weakest financial yearnet -€28,350
Net result drops to -€28,350, the lowest in the series; recovery starts the following year.
2020
31-12
Financial
Back to profitnet €5,732
Net result €5,732 after 2 loss-making years.
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 115 days late
2019
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 136 days late
20-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 477 days late
20-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 842 days late
2016
14-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 75 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
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.
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Directors · office · real estate
Directors
1 act for this company is 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, Oostende · 1 establishment unit since 1980
Ground area
128 m²
Building footprint
127 m²
Volume, LiDAR
1,691 m³
Parcel 35013A0889/00G000, Flanders · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Christinastraat 46, 8400 Oostende
since 19802.016.537.651
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A0889/00G000 | Flanders | 128 m² | 1 · 127 m² | 16.1 m · 5 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-08-1979
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.