LUMA
ActiveSummary
LUMA has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €805,112 and a net result of €12,161. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 94% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 3.32 against 40.97 in 2024; short-term debt: 5.2% and cash: 16.1% of total assets), and 5.2% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
94.8%
Return on assets
1.4%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
54 d early
2023
38 d early
2022
24 d early
2021
3 d early
2020
24 d early
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€805,112▼ 6.4%
2024 · €860,231
Total assets
€849,464▼ 1.5%
2024 · €862,407
Net result
€12,161▲ 49.8%
2024 · €8,118
Working capital
€103,014▲ 42.0%
2024 · €72,547
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
Line20212022202320242025
Operating result€25,999▲ 23.0%€24,589▼ 5.4%€38,667▲ 57.3%€11,186▼ 71.1%€16,749▲ 49.7%
Net result€10,045€69,337▲ 590%€117,771▲ 69.9%€8,118▼ 93.1%€12,161▲ 49.8%
Equity€665,005▲ 1.5%€734,341▲ 10.4%€852,113▲ 16.0%€860,231▲ 1.0%€805,112▼ 6.4%
Total assets€924,220▼ 7.4%€960,647▲ 3.9%€971,394▲ 1.1%€862,407▼ 11.2%€849,464▼ 1.5%
Debt€259,215▼ 16.3%€226,306▼ 12.7%€119,281▼ 47.3%€2,176▼ 98.2%€44,353▲ 1,938%
Working capital€66,413▼ 27.9%€147,878▲ 123%€209,491▲ 41.7%€72,547▼ 65.4%€103,014▲ 42.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2024 Net result -93% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 50% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €849,464
Fixed assets
€702,097 ▼ 10.9%
Current assets
€147,367 ▲ 98.2%
Equity and liabilities €849,464
Equity
€805,112 ▼ 6.4%
Debt
€44,353 ▲ 1,938%
Debt's share of the balance-sheet total rises from 0.3% to 5.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€102,697▲
2024 · €76,819
Cash flow
€98,109▲
2024 · €73,752
Current ratio
3.32▼
2024 · 40.97
Debt to equity
0.06▲
2024 · 0.00
ROE
1.5%▲
2024 · 0.9%
ROA
1.4%▲
2024 · 0.9%
Interest coverage
342.41▲
2024 · 260.54
Debt ≤ 1 year
€44,353▲
2024 · €1,815
Income taxes
€4,324▼
2024 · €4,675
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,684 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48,205 | €48,395 | €55,256 | €65,633 | €85,948 | ▲ 31.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€34,000 | - | - | - | - | - |
| Other operating charges640/8 | €15,706 | €16,322 | €18,633 | €17,433 | €18,155 | ▲ 4.1% |
| Gross operating margin9900 | €55,910 | €89,306 | €112,556 | €94,252 | €120,852 | ▲ 28.2% |
| Operating profit (loss)9901 | €25,999 | €24,589 | €38,667 | €11,186 | €16,749 | ▲ 49.7% |
| Financial income75/76B | €199 | €88,248 | €143,001 | €1,903 | €37 | ▼ 98.1% |
| Recurring financial income75 | €199 | €88,248 | €1,964 | €1,903 | €37 | ▼ 98.1% |
| Non-recurring financial income76B | €199 | €88,248 | €141,036 | - | - | - |
| Financial charges65/66B | €10,185 | €10,186 | €8,434 | €295 | €300 | ▲ 1.7% |
| Recurring financial charges65 | €10,185 | €10,186 | €8,434 | €295 | €300 | ▲ 1.7% |
| Profit (loss) for the period before taxes9903 | €16,013 | €102,651 | €173,234 | €12,794 | €16,486 | ▲ 28.9% |
| Income taxes67/77 | €5,969 | €33,314 | €55,463 | €4,675 | €4,324 | ▼ 7.5% |
| Profit (loss) for the period9904 | €10,045 | €69,337 | €117,771 | €8,118 | €12,161 | ▲ 49.8% |
| Profit (loss) for the period to be appropriated9905 | €10,045 | €69,337 | €117,771 | €8,118 | €12,161 | ▲ 49.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €924,220 | €960,647 | €971,394 | €862,407 | €849,464 | ▼ 1.5% |
| Fixed assets21/28 | €848,592 | €796,463 | €752,622 | €788,045 | €702,097 | ▼ 10.9% |
| Tangible fixed assets22/27 | €848,592 | €796,463 | €752,622 | €788,045 | €702,097 | ▼ 10.9% |
| Land and buildings22 | €848,592 | €796,463 | €752,622 | €788,045 | €696,960 | ▼ 11.6% |
| Furniture and vehicles24 | - | - | - | - | €5,138 | - |
| Current assets29/58 | €75,628 | €164,184 | €218,772 | €74,362 | €147,367 | ▲ 98.2% |
| Amounts receivable within one year40/41 | - | - | €971 | €7,895 | €5,701 | ▼ 27.8% |
| Other amounts receivable41 | - | - | €971 | €7,895 | €5,701 | ▼ 27.8% |
| Cash at bank and in hand54/58 | €68,528 | €153,784 | €208,301 | €59,967 | €137,005 | ▲ 128% |
| Deferred charges and accrued income490/1 | €7,100 | €10,400 | €9,500 | €6,500 | €4,661 | ▼ 28.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €924,220 | €960,647 | €971,394 | €862,407 | €849,464 | ▼ 1.5% |
| Equity10/15 | €665,005 | €734,341 | €852,113 | €860,231 | €805,112 | ▼ 6.4% |
| Contributions10/11 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Reserves13 | €253,942 | €323,278 | €441,049 | €449,168 | €394,048 | ▼ 12.3% |
| Non-distributable reserves130/1 | €40,000 | €40,000 | - | - | - | - |
| Reserves not available under the articles1311 | €40,000 | €40,000 | - | - | - | - |
| Distributable reserves133 | €213,942 | €283,278 | €441,049 | €449,168 | €394,048 | ▼ 12.3% |
| Profit (loss) carried forward14 | €11,063 | €11,063 | €11,063 | €11,063 | €11,063 | = |
| Amounts payable17/49 | €259,215 | €226,306 | €119,281 | €2,176 | €44,353 | ▲ 1,938% |
| Amounts payable after more than one year17 | €250,000 | €210,000 | €110,000 | - | - | - |
| Other amounts payable178/9 | €250,000 | €210,000 | €110,000 | - | - | - |
| Amounts payable within one year42/48 | €9,215 | €16,306 | €9,281 | €1,815 | €44,353 | ▲ 2,344% |
| Advances received on contracts in progress46 | €1,870 | €1,915 | €1,815 | €1,815 | €1,815 | = |
| Taxes, remuneration and social security45 | €3,646 | €6,314 | €7,466 | - | - | - |
| Taxes450/3 | €3,646 | €6,314 | €7,466 | - | - | - |
| Other amounts payable47/48 | €3,699 | €8,077 | - | - | €42,538 | - |
| Accrued charges and deferred income492/3 | - | - | - | €361 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,045 | €69,337 | €117,771 | €8,118 | €12,161 | ▲ 49.8% |
| + Depreciation and write-downs630 | €48,205 | €48,395 | €55,256 | €65,633 | €85,948 | ▲ 31.0% |
| Operating cash flow (approximation) | €58,250 | €117,732 | €173,027 | €73,752 | €98,109 | ▲ 33.0% |
| Investment in fixed assets (approximation) | - | €3,734 | -€11,415 | -€101,057 | €0 | ▲ 100% |
| Change in cash | - | €85,256 | €54,517 | -€148,335 | €77,039 | ▲ 152% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
25-03
State Gazette act
Appointments: BV TRIWASTE, BV Vendide and Dries TRIPPASPermanent representatives: Dries TRIPPAS and Christophe IDE · Resignation: Luc Van Loey (non-statutory director) · Mandate compensation15 facts ▸
State Gazette act
Appointments: BV TRIWASTE, BV Vendide and Dries TRIPPAS
Permanent representatives: Dries TRIPPAS and Christophe IDE · Resignation: Luc Van Loey (non-statutory director) · Mandate compensation15 facts ▸
- General meeting, 13/03/2026
- Board meeting, 13/03/2026
- Director appointment, BV TRIWASTE (non-statutory director)
- Mandate compensation, BV TRIWASTE
- Director appointment, BV Vendide (non-statutory director)
- Mandate compensation, BV Vendide
- Permanent representative, Dries TRIPPAS
- Permanent representative, Christophe IDE
- Director resignation, Luc Van Loey (non-statutory director)
- Registered-office move, Korte Lozanastraat 20-26, 2018 Antwerpen
- Director appointment, BV TRIWASTE (managing director)
- Mandate compensation, BV TRIWASTE
- +3 further facts in this act
2025
07-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €117,771 ▲69.9%
Net result €117,771, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 23.57
Current ratio from 10.07 to 23.57; short-term debt falls from €16,306 to €9,281.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €10,045
Net result €10,045 after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€1,132
Net result drops to -€1,132, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Liquidity times 5current ratio 10.73
Current ratio from 2.17 to 10.73; short-term debt falls from €13,595 to €13,269.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26042072). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 2
BV Triwaste
CurrentNon-statutory director · since 13-03-2026 · Legal entity · perm. rep.: Dries TRIPPAS
BV Vendide
CurrentNon-statutory director · since 13-03-2026 · Legal entity · perm. rep.: Christophe IDE
Day-to-day management 2
BV Triwaste
CurrentManaging director · since 13-03-2026 · Legal entity · perm. rep.: Dries TRIPPAS
Dries TRIPPAS
CurrentManaging director · since 13-03-2026
Permanent representatives 2
Christophe IDE
CurrentPermanent representative · since 13-03-2026 · for BV Vendide
Dries TRIPPAS
CurrentPermanent representative · since 13-03-2026 · for BV Triwaste
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1986
Ground area
2,179 m²
Building footprint
776 m²
Volume, LiDAR
8,840 m³
2 parcels, Flanders · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LUMA
since 19862.036.051.180
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E0085/00K000 | Flanders | 1,507 m² | 1 · 314 m² | 14.9 m · 4 fl. |
| 11810K1870/00V000 | Flanders | 672 m² | 1 · 462 m² | 18.7 m · 5 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.
Mandate history
4 people since 2026, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| BV Triwaste |
|
| BV Vendide |
|
| Dries TRIPPAS |
|
| Luc Van Loey |
|
Structure & network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Similar companies · same sector, comparable size
FARO
BE 0445.963.735
Vorst · Eq €806,050
GOFFIMO
BE 0452.059.392
Marche-en-Famenne · Eq €804,150
IMMO FRED
BE 0673.574.928
Durbuy · Eq €803,879
SOMABRI
BE 0467.268.794
Watermaal-Bosvoorde · Eq €803,631
BAILLI MANAGEMENT
BE 0474.834.301
Elsene · Eq €803,267
Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. 4,942 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
Founded05-06-1986
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0429030109
Also
9925:BE0429030109
Registered
14-04-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.