LUITRADE
Open bankruptcyA bankruptcy procedure is open for LUITRADE according to publications in the Belgian State Gazette; curator: GUNTHER PEETERS.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €992,552 and a net result of €100,285.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Brussels
- Declared bankrupt
- 25 August 2026
- Supervising judge
- Joris Van den Bruel
- Official Gazette
- 07-09-2026 (pdf) ↗search the document for 2026/136396
Curator
- Gunther PeetersHerseltsesteenweg 54, 3200 Aarschotinfo@rubiconlaw.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Other business support services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€100,285▼ 74.3%
2022 · €390,473
Working capital
€944,601▲ 14.6%
2022 · €824,540
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
Line2020202120222023
Operating result€309,758-€1.5m▲ 379%€495,242▼ 66.6%€136,512▼ 72.4%
Net result€229,224-€1.1m▲ 385%€390,473▼ 64.9%€100,285▼ 74.3%
Equity€241,724-€495,693▲ 105%€892,267▲ 80.0%€992,552▲ 11.2%
Total assets€609,904-€3.1m▲ 409%€1.5m▼ 52.9%€1.6m▲ 6.9%
Debt€368,179-€2.6m▲ 609%€571,418▼ 78.1%€572,487▲ 0.2%
Working capital-€9,010-€231,104€824,540▲ 257%€944,601▲ 14.6%
Staff (FTE)1.21.2=1.2=
Why a figure moved sharply
- 2023 Net result -74% on 2022. Cause not known from the registers.
- 2022 Net result -65%, Equity +80%, Total assets -53% on 2021. Cause not known from the registers.
- 2021 Net result +385%, Equity +105%, Total assets +409% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2023 is 72% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.6m
Fixed assets
€47,951 ▼ 29.2%
Current assets
€1.5m ▲ 8.7%
Equity and liabilities €1.6m
Equity
€992,552 ▲ 11.2%
Debt
€572,487 ▲ 0.2%
Debt's share of the balance-sheet total falls from 39.0% to 36.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€166,677▼
2022 · €505,086
Cash flow
€130,450▼
2022 · €400,317
Current ratio
2.65▲
2022 · 2.44
Quick ratio
1.92▲
2022 · 1.30
Debt to equity
0.58▼
2022 · 0.64
ROE
10.1%▼
2022 · 43.8%
ROA
6.4%▼
2022 · 26.7%
Interest coverage
135.51▲
2022 · 44.87
Debt ≤ 1 year
€572,487▲
2022 · €571,418
Income taxes
€35,000▼
2022 · €99,392
Staff costs
€61,276▼
2022 · €81,082
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 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €58 | - | - | - |
| Remuneration, social security and pensions62 | - | €46,604 | €81,082 | €61,276 | ▼ 24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43,044 | €32,786 | €9,844 | €30,165 | ▲ 206% |
| Other operating charges640/8 | - | €14,110 | €86,670 | €525 | ▼ 99.4% |
| Gross operating margin9900 | €358,051 | €1.6m | €672,838 | €228,478 | ▼ 66.0% |
| Operating profit (loss)9901 | €309,758 | €1.5m | €495,242 | €136,512 | ▼ 72.4% |
| Financial income75/76B | - | €9 | €5,880 | €3 | ▼ 99.9% |
| Recurring financial income75 | - | €9 | €5,880 | €3 | ▼ 99.9% |
| Financial charges65/66B | - | €6,426 | €11,257 | €1,230 | ▼ 89.1% |
| Recurring financial charges65 | €3,366 | €6,426 | €11,257 | €1,230 | ▼ 89.1% |
| Profit (loss) for the period before taxes9903 | €306,391 | €1.5m | €489,865 | €135,285 | ▼ 72.4% |
| Income taxes67/77 | €77,167 | €365,000 | €99,392 | €35,000 | ▼ 64.8% |
| Profit (loss) for the period9904 | €229,224 | €1.1m | €390,473 | €100,285 | ▼ 74.3% |
| Profit (loss) for the period to be appropriated9905 | €229,224 | €1.1m | €390,473 | €100,285 | ▼ 74.3% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €609,904 | €3.1m | €1.5m | €1.6m | ▲ 6.9% |
| Fixed assets21/28 | €391,134 | €373,561 | €67,727 | €47,951 | ▼ 29.2% |
| Tangible fixed assets22/27 | €391,084 | €373,361 | €67,527 | €47,751 | ▼ 29.3% |
| Land and buildings22 | - | €216,857 | €0 | - | - |
| Furniture and vehicles24 | - | €61,623 | €52,222 | €34,045 | ▼ 34.8% |
| Other tangible fixed assets26 | - | €94,881 | €15,305 | €13,706 | ▼ 10.4% |
| Financial fixed assets28 | €50 | €200 | €200 | €200 | = |
| Current assets29/58 | €218,770 | €2.7m | €1.4m | €1.5m | ▲ 8.7% |
| Stocks and contracts in progress3 | €17,500 | €177,764 | €652,937 | €419,373 | ▼ 35.8% |
| Stocks30/36 | - | €177,764 | €652,937 | €419,373 | ▼ 35.8% |
| Amounts receivable within one year40/41 | €64,493 | €768,163 | €517,189 | €494,027 | ▼ 4.5% |
| Trade receivables40 | - | €724,226 | €412,851 | €374,689 | ▼ 9.2% |
| Other amounts receivable41 | - | €43,938 | €104,338 | €119,338 | ▲ 14.4% |
| Cash at bank and in hand54/58 | €136,776 | €1.8m | €220,310 | €603,688 | ▲ 174% |
| Deferred charges and accrued income490/1 | - | €1,207 | €5,522 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €609,904 | €3.1m | €1.5m | €1.6m | ▲ 6.9% |
| Equity10/15 | €241,724 | €495,693 | €892,267 | €992,552 | ▲ 11.2% |
| Contributions10/11 | €12,500 | €12,500 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | €229,224 | €483,193 | €873,667 | €973,952 | ▲ 11.5% |
| Amounts payable17/49 | €368,179 | €2.6m | €571,418 | €572,487 | ▲ 0.2% |
| Amounts payable after more than one year17 | €140,400 | €108,972 | - | - | - |
| Financial debts170/4 | - | €108,972 | - | - | - |
| Amounts payable within one year42/48 | €227,779 | €2.5m | €571,418 | €572,487 | ▲ 0.2% |
| Current portion of amounts payable after more than one year42 | - | €381,428 | €117,219 | €116,103 | ▼ 1.0% |
| Financial debts43 | - | - | - | €1,958 | - |
| Credit institutions430/8 | - | - | - | €1,958 | - |
| Trade debts44 | €63,618 | €1.2m | €211,620 | €317,057 | ▲ 49.8% |
| Suppliers440/4 | - | €1.2m | €211,620 | €317,057 | ▲ 49.8% |
| Taxes, remuneration and social security45 | - | €150,168 | €93,799 | €90,200 | ▼ 3.8% |
| Taxes450/3 | - | €142,703 | €85,413 | €76,557 | ▼ 10.4% |
| Remuneration and social security454/9 | - | €7,466 | €8,386 | €13,643 | ▲ 62.7% |
| Other amounts payable47/48 | - | €732,082 | €148,780 | €47,169 | ▼ 68.3% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €229,224 | €1.1m | €390,473 | €100,285 | ▼ 74.3% |
| + Depreciation and write-downs630 | €43,044 | €32,786 | €9,844 | €30,165 | ▲ 206% |
| Operating cash flow (approximation) | €272,268 | €1.1m | €400,317 | €130,450 | ▼ 67.4% |
| Investment in fixed assets (approximation) | - | -€15,212 | €295,990 | -€10,389 | ▼ 104% |
| Change in cash | - | €1.6m | -€1.6m | €383,378 | ▲ 125% |
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
2026
07-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 25-08-2026
2025
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 347 days late
28-04
KBO administration
Address struck
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 333 days late
2023
31-12
Financial
Weakest financial yearnet €100,285 ▼74.3%
Net result drops to €100,285, the lowest in the series.
2022
31-12
Financial
Liquidity doublescurrent ratio 2.44
Current ratio from 1.09 to 2.44; short-term debt falls from €2.5m to €571,418.
31-12
Financial
Equity above €500,000Eq €892,267 ▲80%
3 profitable years in a row build equity to €892,267.
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 81 days late
2021
31-12
Financial
Highest result since 2020net €1.1m ▲385%
Operating result €1.5m, net result €1.1m, both a record.
22-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 114 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Sint-Pieters-Leeuw · 1 establishment unit since 2019
Ground area
2,022 m²
Building footprint
747 m²
Volume, LiDAR
5,042 m³
2 parcels, Flanders · tallest building 16.0 m, ±3 floors. Linked by address, not a title deed.
512
companies at this address
See who is registered here
1 establishment unit
LM automobile
since 20192.306.328.022
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 fl. |
| 23016D0213/00B003 | Flanders | 384 m² | 1 · 349 m² | 16.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUNTHER PEETERS HERSELTSESTEENWEG 54,
3200 AARSCHOT |
25-08-2026 → present |
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,415. 4,565 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
47811Retail sale of cars and light vans (up to 3.5 tonnes)
66129Activities auxiliary to financial services and insurance activities
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
95319Other maintenance and repair of motor vehicles
95320Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
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.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.