LUIGIBOATS
ActiveLUIGIBOATS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107k and a net result of €10k. Equity is growing by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 29% of 1294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+3
Solvency51▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.81 against 0.74 in 2024; short-term debt: 65.5% and cash: 1.9% of total assets), and 73.5% 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 33
Relative position
BE, all sectors
reference
Sector 33
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
26.5%
Return on assets
2.5%
Age of the figures
12 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
35 d early
2023
97 d early
2022
66 d early
2021
109 d early
2020
73 d early
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€107k▲ 10.6%
2024 · €96k
2019: €-20k
2020: €1k
2021: €53k
2022: €73k
2023: €90k
2024: €96k
2019 → 2025
Total assets
€403k▼ 41.7%
2024 · €691k
2019: €588k
2020: €600k
2021: €666k
2022: €769k
2023: €740k
2024: €691k
2019 → 2025
Net result
€10k▲ 49.1%
2024 · €7k
2019: €-39k
2020: €21k
2021: €31k
2022: €20k
2023: €25k
2024: €7k
2019 → 2025
Working capital
€-49k▲ 13.4%
2024 · €-57k
2019: €-132k
2020: €-138k
2021: €-81k
2022: €-83k
2023: €-73k
2024: €-57k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€73k▲ 37.5%€90k▲ 22.5%€96k▲ 7.6%€107k▲ 10.6%
Operating result€47k-€36k▼ 21.8%€47k▲ 30.0%€33k▼ 30.9%€30k▼ 6.8%
Net result€31k-€20k▼ 35.1%€25k▲ 27.4%€7k▼ 73.1%€10k▲ 49.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 7% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €403k
Fixed assets
€188k▼ 64.6%
Current assets
€215k▲ 34.4%
Equity and liabilities €403k
Equity
€107k▲ 10.6%
Debt
€296k▼ 50.2%
The debt ratio falls from 86.1% to 73.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61k▼
2024 · €77k
Cash flow
€41k▼
2024 · €51k
Solvency
26.5%▲
2024 · 13.9%
Current ratio
0.81▲
2024 · 0.74
Quick ratio
0.19▲
2024 · 0.13
Debt / equity
2.78▼
2024 · 6.17
ROE
9.6%▲
2024 · 7.1%
ROA
2.5%▲
2024 · 1.0%
Interest coverage
3.35▲
2024 · 3.20
Debt
€296k▼
2024 · €595k
Debt ≤ 1 year
€264k▲
2024 · €217k
Debt > 1 year
€32k▼
2024 · €378k
Income taxes
€3k▲
2024 · €2k
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€691k€403k▼
Fixed assets21/28€531k€188k▼
Tangible fixed assets22/27€531k€188k▼
Land and buildings22€397k-
Plant, machinery and equipment23€38k€116k▲
Furniture and vehicles24€8k€3k▼
Leasing and similar rights25€87k€69k▼
Current assets29/58€160k€215k▲
Stocks and contracts in progress3€132k€165k▲
Stocks30/36€132k€165k▲
Amounts receivable within one year40/41€20k€40k▲
Trade receivables40€19k€30k▲
Other amounts receivable41€1k€10k▲
Cash at bank and in hand54/58€2k€8k▲
Deferred charges and accrued income490/1€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€691k€403k▼
Equity10/15€96k€107k▲
Contributions10/11€40k€40k=
Reserves13€56k€67k▲
Distributable reserves133€56k€67k▲
Amounts payable17/49€595k€296k▼
Amounts payable after more than one year17€378k€32k▼
Financial debts170/4€378k€32k▼
Amounts payable within one year42/48€217k€264k▲
Current portion of amounts payable after more than one year42€42k€16k▼
Financial debts43€100k€100k▲
Credit institutions430/8€100k€100k▲
Trade debts44€30k€80k▲
Suppliers440/4€30k€80k▲
Taxes, remuneration and social security45€13k€6k▼
Taxes450/3€11k€4k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€31k€62k▲
Income statement
Code20242025
Non-recurring operating income76A-€72k
Remuneration, social security and pensions62€32k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€31k▼
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€18k-
Gross operating margin9900€130k€64k▼
Operating profit (loss)9901€33k€30k▼
Financial income75/76B€225€569▲
Recurring financial income75€225€569▲
Financial charges65/66B€24k€18k▼
Recurring financial charges65€24k€18k▼
Profit (loss) for the period before taxes9903€9k€13k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€7k€10k▲
Profit (loss) for the period to be appropriated9905€7k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€10k▲
Transfer to equity691/2€7k€10k▲
To other reserves6921€7k€10k▲
Social balance
Average headcount (FTE)90870.8-
The notes to these accounts (10 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
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Equity above €100kEq €107k ▲10.6%
6 profitable years in a row build equity to €107k.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2019net €31k ▲44.8%
Net result €31k, the highest in the series.
16-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Stabroek · 1 establishment unit since 2018
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.
Ettenhoven 73A2940 StabroekGround area
1,886 m²
Building footprint
909 m²
Volume, LiDAR
5,600 m³
Parcel 11020K0029/00G000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LUIGIBOATS
since 20182.273.179.855
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11020K0029/00G000 | Flanders | 1,886 m² | 1 · 909 m² | 11.1 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 214 EUR awarded · 214 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 214 EUR | 214 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 298 companies in sector 33150 we hold annual accounts for 159. 116 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-2018
Fiscal year end30-09
Activities, NACEBEL
33150Repair, maintenance and installation of machinery and equipment
47811Retail sale of cars and light vans (up to 3.5 tonnes)
45194
46140Agents in the wholesale of industrial machinery, ships and aircraft
46713Wholesale trade
47639Retail sale of other sporting goods
47640Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.