Lumarco
ActiveSummary
Lumarco has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7,452 and a net result of -€2,532. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 37951 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability12▼-56
Solvency41▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
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 2024Solvency, return and age of the figures
Solvency
15.8%
Return on assets
-5.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 37951 sector peers (2024).
NBB · sector comparisonPosition among 37951 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
54 d late
2022
3 d late
2021
25 d late
2020
54 d late
2019
81 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€7,452▼ 25.4%
2023 · €9,984
Total assets
€47,247▼ 15.2%
2023 · €55,698
Net result
-€2,532▼ 414%
2023 · -€493
Working capital
-€35,112▼ 3.7%
2023 · -€33,865
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
Line20202021202220232024
Operating result-€2,028▼ 7.7%€1,231-€329-€448▼ 36.0%-€2,477▼ 453%
Net result-€2,070▼ 7.7%€1,186-€374-€493▼ 31.9%-€2,532▼ 414%
Equity€9,664▼ 17.6%€10,851▲ 12.3%€10,477▼ 3.4%€9,984▼ 4.7%€7,452▼ 25.4%
Total assets€53,775▼ 3.7%€54,990▲ 2.3%€54,574▼ 0.8%€55,698▲ 2.1%€47,247▼ 15.2%
Debt€44,111=€44,139▲ 0.1%€44,097▼ 0.1%€45,714▲ 3.7%€39,795▼ 12.9%
Working capital-€22,257▲ 11.0%-€30,706▼ 38.0%-€34,657▼ 12.9%-€33,865▲ 2.3%-€35,112▼ 3.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,477 in 2024 against €448 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €47,247
Fixed assets
€42,564 ▼ 2.9%
Current assets
€4,683 ▼ 60.5%
Equity and liabilities €47,247
Equity
€7,452 ▼ 25.4%
Debt
€39,795 ▼ 12.9%
Debt's share of the balance-sheet total rises from 82.1% to 84.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,192▼
2023 · €837
Cash flow
-€1,247▼
2023 · €792
Current ratio
0.12▼
2023 · 0.26
Debt to equity
5.34▲
2023 · 4.58
ROE
-34.0%▼
2023 · -4.9%
ROA
-5.4%▼
2023 · -0.9%
Interest coverage
-21.75▼
2023 · 18.61
Debt ≤ 1 year
€39,795▼
2023 · €45,714
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 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,833 | €1,076 | €1,285 | €1,285 | €1,285 | = |
| Other operating charges640/8 | - | €2,320 | €2,370 | €2,492 | €2,569 | ▲ 3.1% |
| Gross operating margin9900 | €5,093 | €4,628 | €3,326 | €3,329 | €1,377 | ▼ 58.6% |
| Operating profit (loss)9901 | -€2,028 | €1,231 | -€329 | -€448 | -€2,477 | ▼ 453% |
| Financial income75/76B | - | - | €1 | - | - | - |
| Recurring financial income75 | - | - | €1 | - | - | - |
| Financial charges65/66B | - | €45 | €45 | €45 | €55 | ▲ 21.8% |
| Recurring financial charges65 | €42 | €45 | €45 | €45 | €55 | ▲ 21.8% |
| Profit (loss) for the period before taxes9903 | -€2,070 | €1,186 | -€374 | -€493 | -€2,532 | ▼ 414% |
| Profit (loss) for the period9904 | -€2,070 | €1,186 | -€374 | -€493 | -€2,532 | ▼ 414% |
| Profit (loss) for the period to be appropriated9905 | -€2,070 | €1,186 | -€374 | -€493 | -€2,532 | ▼ 414% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €53,775 | €54,990 | €54,574 | €55,698 | €47,247 | ▼ 15.2% |
| Fixed assets21/28 | €31,921 | €41,556 | €45,134 | €43,849 | €42,564 | ▼ 2.9% |
| Tangible fixed assets22/27 | €31,921 | €41,556 | €45,134 | €43,849 | €42,564 | ▼ 2.9% |
| Land and buildings22 | - | €41,556 | €45,134 | €43,849 | €42,564 | ▼ 2.9% |
| Current assets29/58 | €21,854 | €13,434 | €9,440 | €11,849 | €4,683 | ▼ 60.5% |
| Amounts receivable within one year40/41 | €6,705 | €7,641 | €7,650 | €8,064 | - | - |
| Trade receivables40 | - | €501 | - | - | - | - |
| Other amounts receivable41 | - | €7,140 | €7,650 | €8,064 | - | - |
| Cash at bank and in hand54/58 | €14,886 | €5,518 | €1,494 | €3,456 | €720 | ▼ 79.2% |
| Deferred charges and accrued income490/1 | - | €276 | €297 | €329 | €3,963 | ▲ 1,106% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €53,775 | €54,990 | €54,574 | €55,698 | €47,247 | ▼ 15.2% |
| Equity10/15 | €9,664 | €10,851 | €10,477 | €9,984 | €7,452 | ▼ 25.4% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €13,967 | €13,967 | €13,967 | €13,967 | €13,967 | = |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | - | - | - |
| Reserves not available under the articles1311 | - | €6,200 | €6,200 | - | - | - |
| Distributable reserves133 | - | €7,767 | €7,767 | €13,967 | €13,967 | = |
| Profit (loss) carried forward14 | -€22,853 | -€21,666 | -€22,040 | -€22,533 | -€25,065 | ▼ 11.2% |
| Amounts payable17/49 | €44,111 | €44,139 | €44,097 | €45,714 | €39,795 | ▼ 12.9% |
| Amounts payable within one year42/48 | €44,111 | €44,139 | €44,097 | €45,714 | €39,795 | ▼ 12.9% |
| Trade debts44 | €122 | €150 | €108 | €1,725 | €506 | ▼ 70.7% |
| Suppliers440/4 | - | €150 | €108 | €1,725 | €506 | ▼ 70.7% |
| Other amounts payable47/48 | - | €43,989 | €43,989 | €43,989 | €39,288 | ▼ 10.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,070 | €1,186 | -€374 | -€493 | -€2,532 | ▼ 414% |
| + Depreciation and write-downs630 | €4,833 | €1,076 | €1,285 | €1,285 | €1,285 | = |
| Operating cash flow (approximation) | €2,763 | €2,262 | €911 | €792 | -€1,247 | ▼ 257% |
| Investment in fixed assets (approximation) | - | -€10,711 | -€4,863 | €0 | €0 | - |
| Change in cash | - | -€9,369 | -€4,024 | €1,963 | -€2,736 | ▼ 239% |
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Back to profitnet €1,186
Net result €1,186 after 3 loss-making years.
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 54 days late
2020
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-07
NBB filing
Annual accounts filed
fiscal year 2015 · 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
4 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, Gavere · 1 establishment unit since 1987
Ground area
783 m²
Building footprint
357 m²
Volume, LiDAR
5,474 m³
2 parcels, Flanders · tallest building 26.2 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
CV LUMARCO
since 19872.034.083.961
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44003A0506/00H002indicative | Flanders | 493 m² | 1 · 170 m² | 10.4 m · 2 fl. |
| 44804D2563/00L007 | Flanders | 290 m² | 1 · 187 m² | 26.2 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 19,702 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
Founded10-12-1987
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.