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LUMADENT

Active
Private limited companyfounded 201412 yrs activeHollandsebaan 41, 2440 Geel, BelgiumKBO/BCE: BE 0544.530.482
Summary

LUMADENT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,814 and a net result of €32,573. Equity is growing by ~26.9% per year across the filed fiscal years. Its solvency ranks better than 27% of 14284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability76=
Solvency30▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.1 against 0.12 in 2024; short-term debt: 25.3% and cash: 1.3% of total assets), and 94.6% of the assets are financed with debt.
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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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
5.4%
Return on assets
5.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 d early
2024
41 d early
2023
33 d early
2022
38 d early
2021
34 d early
2020
24 d late
2019
29 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 26 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. Usually files around 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LUMADENT was incorporated on 16 January 2014.1 Total assets fell from EUR 719,442 in 2018 to EUR 584,323 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€31,814
2024 · -€759
Total assets
€584,323▼ 6.4%
2024 · €624,141
Net result
€32,573▼ 13.6%
2024 · €37,679
Working capital
-€133,002▲ 12.3%
2024 · -€151,627
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€33,612▲ 11.6%€34,896▲ 3.8%€37,822▲ 8.4%€46,478▲ 22.9%€46,980▲ 1.1%
Net result€10,980within the sector's middle half▲ 134%€24,303within the sector's middle half▲ 121%€27,911within the sector's middle half▲ 14.8%€37,679above the sector's middle half▲ 35.0%€32,573within the sector's middle half▼ 13.6%
Equity-€90,652below the sector's middle half▲ 10.8%-€66,349below the sector's middle half▲ 26.8%-€38,438below the sector's middle half▲ 42.1%-€759below the sector's middle half▲ 98.0%€31,814within the sector's middle half
Total assets€721,113within the sector's middle half▲ 2.2%€705,727within the sector's middle half▼ 2.1%€670,199within the sector's middle half▼ 5.0%€624,141within the sector's middle half▼ 6.9%€584,323within the sector's middle half▼ 6.4%
Debt€811,765▲ 0.6%€772,076▼ 4.9%€708,637▼ 8.2%€624,900▼ 11.8%€552,508▼ 11.6%
Working capital-€194,337below the sector's middle half▼ 6.0%-€180,821below the sector's middle half▲ 7.0%-€175,271below the sector's middle half▲ 3.1%-€151,627below the sector's middle half▲ 13.5%-€133,002below the sector's middle half▲ 12.3%
Solvency-12.6%below the sector's middle half▲ 1.8pp-9.4%below the sector's middle half▲ 3.2pp-5.7%below the sector's middle half▲ 3.7pp-0.1%below the sector's middle half▲ 5.6pp5.4%within the sector's middle half▲ 5.6pp
Current ratio0.11below the sector's middle half▲ 0.010.20below the sector's middle half▲ 0.080.16below the sector's middle half▼ 0.040.12below the sector's middle half▼ 0.040.10below the sector's middle half▼ 0.02
Return on assets (ROA)1.5%within the sector's middle half▲ 0.9pp3.4%within the sector's middle half▲ 1.9pp4.2%within the sector's middle half▲ 0.7pp6.0%within the sector's middle half▲ 1.9pp5.6%within the sector's middle half▼ 0.5pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2021: €33,612€33,612Net result 2021: €10,980€10,980Operating result 2022: €34,896€34,896Net result 2022: €24,303€24,303Operating result 2023: €37,822€37,822Net result 2023: €27,911€27,911Operating result 2024: €46,478€46,478Net result 2024: €37,679€37,679Operating result 2025: €46,980€46,980Net result 2025: €32,573€32,57320212022202320242025€0€20,000€40,000Operating result 2023: €37,822€37,800Net result 2023: €27,911€27,900Operating result 2024: €46,478€46,500Net result 2024: €37,679€37,700Operating result 2025: €46,980€47,000Net result 2025: €32,573€32,600202320242025
The operating result has risen four years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €584,323
Fixed assets €569,459 ▼ 5.6%
Current assets €14,864 ▼ 28.5%
Equity and liabilities €584,323
Equity €31,814
Debt €552,508
Debt finances 94.6% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€80,863▼
2024 · €81,291
Cash flow
€66,456▼
2024 · €72,492
Debt to equity
17.37
ROE
102.4%
Interest coverage
10.53▲
2024 · 9.24
Debt ≤ 1 year
€147,866▼
2024 · €172,426
Debt > 1 year
€402,405▼
2024 · €449,597
Income taxes
€6,728
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 536 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.4% 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 0.3% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 536 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€624,141€584,323▼
Fixed assets21/28€603,342€569,459▼
Tangible fixed assets22/27€603,342€569,459▼
Land and buildings22€603,342€569,459▼
Current assets29/58€20,799€14,864▼
Amounts receivable within one year40/41-€4,772
Other amounts receivable41-€4,772
Cash at bank and in hand54/58€20,799€7,728▼
Deferred charges and accrued income490/1-€2,364
Equity and liabilities
Total equity and liabilities10/49€624,141€584,323▼
Equity10/15-€759€31,814▲
Contributions10/11€12,400€12,400=
Reserves13-€19,414
Distributable reserves133-€19,414
Profit (loss) carried forward14-€13,159-
Amounts payable17/49€624,900€552,508▼
Amounts payable after more than one year17€449,597€402,405▼
Financial debts170/4€449,597€402,405▼
Amounts payable within one year42/48€172,426€147,866▼
Current portion of amounts payable after more than one year42€46,693€47,192▲
Trade debts44-€2,373
Suppliers440/4-€2,373
Other amounts payable47/48€125,734€98,300▼
Accrued charges and deferred income492/3€2,877€2,238▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,813€33,883▼
Other operating charges640/8€2,828€2,916▲
Gross operating margin9900€84,119€83,778▼
Operating profit (loss)9901€46,478€46,980▲
Financial charges65/66B€8,799€7,679▼
Recurring financial charges65€8,799€7,679▼
Profit (loss) for the period before taxes9903€37,679€39,301▲
Income taxes67/77-€6,728
Profit (loss) for the period9904€37,679€32,573▼
Profit (loss) for the period to be appropriated9905€37,679€32,573▼
Appropriation of the result
Profit (loss) to be appropriated9906-€13,159€19,414▲
Profit (loss) brought forward from the previous period14P-€50,838-€13,159▲
Transfer to equity691/2-€19,414
To other reserves6921-€19,414

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,002€34,778€35,164€34,813€33,883▼ 2.7%
Other operating charges640/8€2,222€2,486€2,776€2,828€2,916▲ 3.1%
Gross operating margin9900€69,835€72,160€75,762€84,119€83,778▼ 0.4%
Operating profit (loss)9901€33,612€34,896€37,822€46,478€46,980▲ 1.1%
Financial charges65/66B€22,631€10,593€9,912€8,799€7,679▼ 12.7%
Recurring financial charges65€22,631€10,593€9,912€8,799€7,679▼ 12.7%
Profit (loss) for the period before taxes9903€10,980€24,303€27,911€37,679€39,301▲ 4.3%
Income taxes67/77----€6,728-
Profit (loss) for the period9904€10,980€24,303€27,911€37,679€32,573▼ 13.6%
Profit (loss) for the period to be appropriated9905€10,980€24,303€27,911€37,679€32,573▼ 13.6%
Line20212022202320242025Change
Assets
Total assets20/58€721,113€705,727€670,199€624,141€584,323▼ 6.4%
Fixed assets21/28€696,415€661,637€636,617€603,342€569,459▼ 5.6%
Tangible fixed assets22/27€696,415€661,637€636,617€603,342€569,459▼ 5.6%
Land and buildings22€696,415€661,637€636,617€603,342€569,459▼ 5.6%
Current assets29/58€24,698€44,090€33,582€20,799€14,864▼ 28.5%
Amounts receivable within one year40/41€1,541-€75-€4,772-
Trade receivables40€1,541-€75---
Other amounts receivable41----€4,772-
Cash at bank and in hand54/58€23,158€44,090€33,507€20,799€7,728▼ 62.8%
Deferred charges and accrued income490/1----€2,364-
Equity and liabilities
Total equity and liabilities10/49€721,113€705,727€670,199€624,141€584,323▼ 6.4%
Equity10/15-€90,652-€66,349-€38,438-€759€31,814▲ 4,290%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Reserves13----€19,414-
Distributable reserves133----€19,414-
Profit (loss) carried forward14-€103,052-€78,749-€50,838-€13,159--
Amounts payable17/49€811,765€772,076€708,637€624,900€552,508▼ 11.6%
Amounts payable after more than one year17€588,198€542,488€496,289€449,597€402,405▼ 10.5%
Financial debts170/4€588,198€542,488€496,289€449,597€402,405▼ 10.5%
Amounts payable within one year42/48€219,036€224,910€208,853€172,426€147,866▼ 14.2%
Current portion of amounts payable after more than one year42€45,227€45,710€46,199€46,693€47,192▲ 1.1%
Trade debts44-€1,735--€2,373-
Suppliers440/4-€1,735--€2,373-
Other amounts payable47/48€173,809€177,465€162,654€125,734€98,300▼ 21.8%
Accrued charges and deferred income492/3€4,531€4,677€3,495€2,877€2,238▼ 22.2%
Line20212022202320242025Change
Profit (loss) for the period9904€10,980€24,303€27,911€37,679€32,573▼ 13.6%
+ Depreciation and write-downs630€34,002€34,778€35,164€34,813€33,883▼ 2.7%
Operating cash flow (approximation)€44,982€59,081€63,074€72,492€66,456▼ 8.3%
Investment in fixed assets (approximation)-€0-€10,144-€1,538€0▲ 100%
Change in cash-€20,932-€10,583-€12,708-€13,071▼ 2.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €37,679 ▲35%
Net result €37,679, the highest in the series.
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
02-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €1,826
Net result €1,826 after one loss-making year.
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
18-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Geel · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
2,636 m²
Building footprint
251 m²
Volume, LiDAR
1,243 m³
Parcel 13373K0894/00A002, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
LUMADENT
Hollandsebaan 41, 2440 GeelHoldings
since 20142.227.466.230
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13373K0894/00A002 Flanders 2,636 m² 1 · 251 m² 6.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 9,141 companies in this sector we hold annual accounts for 6,773. 2,760 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded16-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:0544530482
Also 9925:BE0544530482
Registered 02-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.