LUME REAL ESTATE
ActiveLUME REAL ESTATE has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €410k and a net result of €800k. Equity is shrinking by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 45% of 40 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability100=
Solvency51▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.33 in 2025; short-term debt: 56.2% and cash: 49.4% of total assets), and 73.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← 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 2026Solvency, return and age of the figures
Solvency
26.5%
Return on assets
51.7%
Age of the figures
3 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 05-07-2026, 210 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
210 d early
2025
on the day
2024
on the day
2023
6 d early
2022
1 d early
2021
20 d early
2020
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-06-2027 close31-01-2028 deadline
Financials · fiscal year 2026, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€800k▲ 13.3%
2025 · €705k
2019: €592k
2020: €412k
2021: €500k
2022: €508k
2023: €535k
2024: €669k
2025: €705k
2019 → 2026
Working capital
€214k▼ 12.9%
2025 · €246k
2019: €739k
2020: €237k
2021: €314k
2022: €366k
2023: €160k
2024: €148k
2025: €246k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€668k-€418k▼ 37.4%€417k▼ 0.3%€410k▼ 1.5%€410k▼ 0.1%
Operating result€789k-€716k▼ 9.3%€889k▲ 24.2%€938k▲ 5.6%€1.07M▲ 13.7%
Net result€508k-€535k▲ 5.3%€669k▲ 25.0%€705k▲ 5.5%€800k▲ 13.3%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed three years in a row; 2026 is 14% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.55M
Fixed assets
€463k▼ 2.1%
Current assets
€1.08M▲ 10.5%
Equity and liabilities €1.55M
Equity
€410k▼ 0.1%
Debt
€1.14M▲ 9.0%
The debt ratio rises from 71.8% to 73.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.08M▲
2025 · €949k
Cash flow
€810k▲
2025 · €716k
Solvency
26.5%▼
2025 · 28.2%
Current ratio
1.25▼
2025 · 1.33
Quick ratio
1.25▼
2025 · 1.33
Debt / equity
2.78▲
2025 · 2.54
ROE
195.1%▲
2025 · 171.9%
ROA
51.7%▲
2025 · 48.5%
Interest coverage
1775.93▼
2025 · 1865.30
Debt
€1.14M▲
2025 · €1.04M
Debt ≤ 1 year
€870k▲
2025 · €735k
Income taxes
€268k▲
2025 · €235k
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€1.45M€1.55M▲
Fixed assets21/28€474k€463k▼
Tangible fixed assets22/27€474k€463k▼
Land and buildings22€470k€463k▼
Plant, machinery and equipment23€3k€781▼
Furniture and vehicles24€106-
Current assets29/58€981k€1.08M▲
Amounts receivable within one year40/41€679k€272k▼
Trade receivables40€136k€272k▲
Other amounts receivable41€543k-
Current investments50/53€30€29▼
Cash at bank and in hand54/58€298k€764k▲
Deferred charges and accrued income490/1€4k€48k▲
Equity and liabilities
Total equity and liabilities10/49€1.45M€1.55M▲
Equity10/15€410k€410k▼
Contributions10/11€372k€372k=
Capital10€372k€372k=
Issued capital100€372k€372k=
Reserves13€38k€38k▼
Non-distributable reserves130/1€37k€37k=
Legal reserve130€37k€37k=
Distributable reserves133€1k€621▼
Amounts payable17/49€1.04M€1.14M▲
Amounts payable within one year42/48€735k€870k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€18k€67k▲
Taxes450/3€18k€67k▲
Other amounts payable47/48€714k€800k▲
Accrued charges and deferred income492/3€309k€268k▼
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8€95k€49k▼
Gross operating margin9900€1.04M€1.13M▲
Operating profit (loss)9901€938k€1.07M▲
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Financial charges65/66B€509€606▲
Recurring financial charges65€509€606▲
Profit (loss) for the period before taxes9903€941k€1.07M▲
Income taxes67/77€235k€268k▲
Profit (loss) for the period9904€705k€800k▲
Profit (loss) for the period to be appropriated9905€705k€800k▲
Appropriation of the result
Profit (loss) to be appropriated9906€705k€800k▲
Transfer from equity791/2€6k€462▼
Profit to be distributed694/7€712k€800k▲
Return on contributions (dividend)694€712k€800k▲
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
Next filing, fiscal year 2027, expected by
2026
05-07
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
30-06
Financial
Highest result since 2019net €800k ▲13.3%
Operating result €1.07M, net result €800k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €412k ▼30.5%
Net result drops to €412k, the lowest in the series; recovery starts the following year.
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
06-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
06-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Sint-Niklaas · 1 establishment unit since 1987
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.
Krekelstraat 439100 Sint-NiklaasGround area
399 m²
Building footprint
128 m²
Volume, LiDAR
682 m³
Parcel 46446A0467/00T000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LUME REAL ESTATE
since 19872.031.526.428
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46446A0467/00T000 | Flanders | 399 m² | 1 · 128 m² | 9.2 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.
Structure & network
Group per the LEI register
1 parent companyParent company:KREST REAL ESTATE IVESTMENTS
Recognitions · licences · registrations
Legal Entity Identifier
549300AHYUG6J7LDSN12
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MEULEMEESTER AGRI
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KATOEN NATIE TESSENDERLO
BE 0436.923.929
Tessenderlo-Ham · Eq €419k
Of 1,030 companies in sector 52100 we hold annual accounts for 764. 528 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-11-1987
Fiscal year end30-06
Activities, NACEBEL
52100Warehousing and storage
63122
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.