LUMATEC
ActiveLUMATEC has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.96M and a net result of €121k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity ample (current ratio 11.79 against 9.6 in 2023; short-term debt: 7.9% and cash: 7.9% of total assets), and 7.9% 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
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 2024Solvency, return and age of the figures
Solvency
92.1%
Return on assets
1.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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
not confirmed
2024
60 d late
2023
61 d late
2022
81 d late
2021
79 d late
2020
56 d early
2019
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€6.96M▲ 0.6%
2023 · €6.92M
2018: €3.96M
2019: €4.13M
2020: €4.34M
2021: €6.85M
2022: €6.86M
2023: €6.92M
2018 → 2024
Total assets
€7.56M▼ 1.5%
2023 · €7.67M
2018: €5.12M
2019: €5.22M
2020: €5.39M
2021: €8.03M
2022: €7.73M
2023: €7.67M
2018 → 2024
Net result
€121k▲ 98.9%
2023 · €61k
2018: €363k
2019: €442k
2020: €514k
2021: €2.61M
2022: €55k
2023: €61k
2018 → 2024
Working capital
€6.46M▲ 2.0%
2023 · €6.34M
2018: €3.47M
2019: €3.64M
2020: €3.85M
2021: €6.40M
2022: €6.34M
2023: €6.34M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4.34M-€6.85M▲ 57.8%€6.86M▲ 0.1%€6.92M▲ 0.9%€6.96M▲ 0.6%
Operating result€538k-€3.37M▲ 527%€46k▼ 98.6%€56k▲ 21.3%€38k▼ 31.2%
Net result€514k-€2.61M▲ 408%€55k▼ 97.9%€61k▲ 10.1%€121k▲ 98.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 31% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.56M
Fixed assets
€498k▼ 16.8%
Current assets
€7.06M▼ 0.2%
Equity and liabilities €7.56M
Equity
€6.96M▲ 0.6%
Debt
€599k▼ 20.6%
The debt ratio falls from 9.8% to 7.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€142k▼
2023 · €159k
Cash flow
€224k▲
2023 · €164k
Solvency
92.1%▲
2023 · 90.2%
Current ratio
11.79▲
2023 · 9.60
Quick ratio
11.79▲
2023 · 9.60
Debt / equity
0.09▼
2023 · 0.11
ROE
1.7%▲
2023 · 0.9%
ROA
1.6%▲
2023 · 0.8%
Interest coverage
62.62▲
2023 · 24.29
Debt
€599k▼
2023 · €754k
Debt ≤ 1 year
€599k▼
2023 · €737k
Income taxes
€7k▼
2023 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€7.67M€7.56M▼
Fixed assets21/28€598k€498k▼
Tangible fixed assets22/27€598k€498k▼
Land and buildings22€557k€468k▼
Furniture and vehicles24€41k€30k▼
Current assets29/58€7.08M€7.06M▼
Amounts receivable within one year40/41€3.26M€3.45M▲
Trade receivables40€318k€155k▼
Other amounts receivable41€2.94M€3.29M▲
Current investments50/53€3.41M€3.02M▼
Cash at bank and in hand54/58€407k€598k▲
Equity and liabilities
Total equity and liabilities10/49€7.67M€7.56M▼
Equity10/15€6.92M€6.96M▲
Contributions10/11€120k€120k=
Reserves13€134k€134k=
Distributable reserves133€134k€134k=
Profit (loss) carried forward14€6.67M€6.71M▲
Amounts payable17/49€754k€599k▼
Amounts payable after more than one year17€17k-
Financial debts170/4€17k-
Amounts payable within one year42/48€737k€599k▼
Current portion of amounts payable after more than one year42€33k€17k▼
Trade debts44€248k€89k▼
Suppliers440/4€248k€89k▼
Taxes, remuneration and social security45€21k€17k▼
Taxes450/3€21k€17k▼
Other amounts payable47/48€435k€477k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€103k€104k▲
Other operating charges640/8€18k€32k▲
Gross operating margin9900€177k€174k▼
Operating profit (loss)9901€56k€38k▼
Financial income75/76B€31k€91k▲
Recurring financial income75€31k€91k▲
Financial charges65/66B€7k€2k▼
Recurring financial charges65€7k€2k▼
Profit (loss) for the period before taxes9903€80k€127k▲
Income taxes67/77€19k€7k▼
Profit (loss) for the period9904€61k€121k▲
Profit (loss) for the period to be appropriated9905€61k€121k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6.67M€6.79M▲
Profit (loss) brought forward from the previous period14P€6.60M€6.67M▲
Profit to be distributed694/7-€80k
Directors or managers695-€80k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 81 days late
2022
31-12
Financial
Weakest financial yearnet €55k ▼97.9%
Net result drops to €55k, the lowest in the series; recovery starts the following year.
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 79 days late
2021
31-12
Financial
Highest result since 2018net €2.61M ▲408%
Operating result €3.37M, net result €2.61M, both a record.
31-12
Financial
Equity above €5MEq €6.85M ▲57.8%
4 profitable years in a row build equity to €6.85M.
05-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ieper · 1 establishment unit since 1993
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.
Dehemlaan 15-178900 IeperGround area
7,607 m²
Building footprint
3,751 m²
Volume, LiDAR
21,624 m³
Parcel 33305B1039/00V004, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LUMATEC
since 19932.062.651.352
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33305B1039/00V004 | Flanders | 7,607 m² | 1 · 3,751 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 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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VAN RATINGEN
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Of 977 companies in sector 46431 we hold annual accounts for 705. 234 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-06-1993
Fiscal year end31-12
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.