Summary
LUMA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €39k and a net result of €5k. Its solvency ranks better than 41% of 5547 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 2 filingsDeviation from the deadline
2025
2 d late
2024
4 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€39k▲ 14.8%
2024 · €34k
2024: €34k
2024 → 2025
Net result
€5k▼ 57.2%
2024 · €12k
2024: €12k
2024 → 2025
Total assets
€92k▼ 17.9%
2024 · €113k
2024: €113k
2024 → 2025
Solvency
42.0%▲ 12.0pp
2024 · 30.0%
2024: 30.0%
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€34k-€39k▲ 14.8%
Operating result€24k-€14k▼ 40.6%
Net result€12k-€5k▼ 57.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€49k ▲ 0.3%
Current assets
€44k ▼ 31.6%
Equity and liabilities €92k
Equity
€39k ▲ 14.8%
Debt
€54k ▼ 31.9%
Debt's share of the balance-sheet total falls from 70.0% to 58.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
12.9%▼
2024 · 34.6%
ROA
5.4%▼
2024 · 10.4%
Debt ≤ 1 year
€53k▲
2024 · €46k
Debt > 1 year
€0▼
2024 · €33k
Income taxes
€7k▼
2024 · €8k
Staff costs
€39k▲
2024 · €37k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€113k€92k▼
Fixed assets21/28€49k€49k▲
Tangible fixed assets22/27€24k€24k▲
Plant, machinery and equipment23€1k€897▼
Furniture and vehicles24€2k€4k▲
Other tangible fixed assets26€20k€19k▼
Financial fixed assets28€25k€25k=
Current assets29/58€64k€44k▼
Amounts receivable within one year40/41€43k€35k▼
Trade receivables40€43k€26k▼
Other amounts receivable41€8€9k▲
Cash at bank and in hand54/58€19k€7k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€113k€92k▼
Equity10/15€34k€39k▲
Contributions10/11€500€500=
Reserves13€33k€38k▲
Distributable reserves133€33k€38k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€79k€54k▼
Amounts payable after more than one year17€33k€0▼
Financial debts170/4€3k€0▼
Other amounts payable178/9€30k€0▼
Amounts payable within one year42/48€46k€53k▲
Current portion of amounts payable after more than one year42€3k€3k▼
Financial debts43€3k€0▼
Credit institutions430/8€3k€0▼
Other loans439€0-
Trade debts44€19k€24k▲
Suppliers440/4€19k€24k▲
Taxes, remuneration and social security45€20k€19k▼
Taxes450/3€14k€15k▲
Remuneration and social security454/9€6k€4k▼
Other amounts payable47/48€25€8k▲
Accrued charges and deferred income492/3€270€277▲
Income statement
Code20242025
Remuneration, social security and pensions62€37k€39k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€65k€60k▼
Operating profit (loss)9901€24k€14k▼
Financial income75/76B€0€1k▲
Recurring financial income75€0€1k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€20k€12k▼
Income taxes67/77€8k€7k▼
Profit (loss) for the period9904€12k€5k▼
Profit (loss) for the period to be appropriated9905€12k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€5k▼
Profit (loss) brought forward from the previous period14P€-754€0▲
Transfer to equity691/2€11k€5k▼
To other reserves6921€11k€5k▼
Social balance
Average headcount (FTE)90870.80.8=
The notes to these accounts (11 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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 2 days late
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Houthulst · 1 establishment unit since 2018
Ground area
341 m²
Building footprint
80 m²
Volume, LiDAR
495 m³
Parcel 32006D0109/00H010, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LUMA
since 20182.278.457.546
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32006D0109/00H010indicative | Flanders | 341 m² | 1 · 80 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 9,607 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
Founded24-07-2018
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.