LUKIMDO
ActiveSummary
LUKIMDO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €-4k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 25% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-22
Solvency40▼-8
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.61 against 2.26 in 2024; short-term debt: 59.7% of total assets), but 85% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 →
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 2025Solvency, return and age of the figures
Solvency
15%
Return on assets
-6.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 25%
← weakest
strongest →
lowers risk · Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
NBB · annual accounts 2024Net result per financial year
1819202122232425
2018 to 2025 · latest year €-4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 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
52 d late
2024
25 d late
2023
23 d late
2022
10 d late
2021
10 d late
2020
22 d early
2019
45 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 28.7%
2024 · €12k
2018: €11k
2019: €12k
2020: €13k
2021: €16k
2022: €12k
2023: €12k
2024: €12k
2018 → 2025
Total assets
€58k▲ 9.1%
2024 · €53k
2018: €32k
2019: €28k
2020: €23k
2021: €31k
2022: €31k
2023: €29k
2024: €53k
2018 → 2025
Net result
€-4k
2024 · €800
2018: €-4k
2019: €3k
2020: €2k
2021: €4k
2022: €801
2023: €3k
2024: €800
2018 → 2025
Working capital
€21k▼ 23.0%
2024 · €28k
2018: €6k
2019: €6k
2020: €14k
2021: €13k
2022: €6k
2023: €10k
2024: €28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16k-€12k▼ 22.1%€12k=€12k=€9k▼ 28.7%
Operating result€10k-€5k▼ 49.9%€9k▲ 85.0%€5k▼ 39.3%€2k▼ 69.0%
Net result€4k-€801▼ 81.2%€3k▲ 327%€800▼ 76.6%€-4k
Turnover and EBIT margin not published: the 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 69% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58k
Fixed assets
€2k ▼ 42.2%
Current assets
€56k ▲ 13.0%
Equity and liabilities €58k
Equity
€9k ▼ 28.7%
Debt
€49k ▲ 20.4%
Debt's share of the balance-sheet total rises from 77.0% to 85.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k▼
2024 · €7k
Cash flow
€-2k▼
2024 · €2k
Current ratio
1.61▼
2024 · 2.26
Quick ratio
1.17▼
2024 · 1.53
Debt to equity
5.65▲
2024 · 3.34
ROE
-40.3%▼
2024 · 6.5%
ROA
-6.1%▼
2024 · 1.5%
Interest coverage
0.63▼
2024 · 2.10
Debt ≤ 1 year
€35k▲
2024 · €22k
Debt > 1 year
€12k▼
2024 · €17k
Income taxes
€1k▼
2024 · €3k
Staff costs
€2k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€53k€58k▲
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€403€0▼
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€15€15=
Current assets29/58€49k€56k▲
Stocks and contracts in progress3€16k€16k▼
Stocks30/36€16k€16k▼
Amounts receivable within one year40/41€32k€37k▲
Trade receivables40€7k€12k▲
Other amounts receivable41€25k€25k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€53k€58k▲
Equity10/15€12k€9k▼
Contributions10/11€6k€6k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14-€-4k
Amounts payable17/49€41k€49k▲
Amounts payable after more than one year17€17k€12k▼
Financial debts170/4€17k€12k▼
Amounts payable within one year42/48€22k€35k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Financial debts43€6k€18k▲
Credit institutions430/8€6k€18k▲
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€6k€4k▼
Other amounts payable47/48€800€0▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€6k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€16k€9k▼
Operating profit (loss)9901€5k€2k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€3k€-2k▼
Income taxes67/77€3k€1k▼
Profit (loss) for the period9904€800€-4k▼
Profit (loss) for the period to be appropriated9905€800€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€800€-4k▼
Profit to be distributed694/7€800€0▼
Return on contributions (dividend)694€800€0▼
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
21-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 52 days late
17-09
State Gazette act
Registered-office move · General meetingRegistered-office move2 facts ▸
State Gazette act
Registered-office move · General meeting
Registered-office move2 facts ▸
- Registered-office move, Burgschelde 32 bus 201 te 9700 Oudenaarde
- General meeting, 01-09-2026
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
31-12
Financial
Highest result since 2018net €4k ▲183%
Operating result €10k, net result €4k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oudenaarde · 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.
Burgschelde 329700 OudenaardeGround area
1,578 m²
Building footprint
332 m²
Volume, LiDAR
1,583 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LUKIMDO
since 20152.243.589.808
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45506A0038/00B000 | Flanders | 1,380 m² | 1 · 252 m² | 7.8 m · 2 fl. |
| 45035B0684/00E000 | Flanders | 198 m² | 1 · 79 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 1,000 EUR awarded · 1,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 500 EUR | 500 EUR |
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
6 endedInterieurbouwer duaal (so)
Machinaal houtbewerker duaal (so)
Medewerker hout duaal (so)
Interieurbouwer (so)
Machinaal houtbewerker (so)
Productiemedewerker interieurbouw (so)
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Of 7,293 companies in sector 43350 we hold annual accounts for 2,363. 1,523 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.