LUMEN
ActiveLUMEN has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €602k and a net result of €49k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 59% of 4264 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
69
/ 100
Healthy▼ -27 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-12
Solvency74▼-11
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.38 in 2024), and 50.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 81
Relative position
BE, all sectors
reference
Sector 81
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 2025Solvency, return and age of the figures
Solvency
49.6%
Return on assets
4.1%
Age of the figures
8 mo
raises risk · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
11 d late
2024
60 d early
2023
136 d early
2022
15 d early
2021
15 d late
2020
on the day
2019
71 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
05-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€602k▲ 8.9%
2024 · €553k
2021: €389k
2022: €475k
2023: €509k
2024: €553k
2021 → 2025
Total assets
€1.21M▲ 29.9%
2024 · €933k
2021: €810k
2022: €842k
2023: €889k
2024: €933k
2021 → 2025
Net result
€49k▼ 15.5%
2024 · €58k
2021: €73k
2022: €86k
2023: €42k
2024: €58k
2021 → 2025
Working capital
€11k▼ 79.8%
2024 · €56k
2021: €-19k
2022: €41k
2023: €87k
2024: €56k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€389k-€475k▲ 22.1%€509k▲ 7.3%€553k▲ 8.5%€602k▲ 8.9%
Operating result€88k-€121k▲ 37.6%€76k▼ 37.3%€85k▲ 12.2%€73k▼ 14.6%
Net result€73k-€86k▲ 17.6%€42k▼ 51.1%€58k▲ 38.7%€49k▼ 15.5%
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 2025; 2025 is 15% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.21M
Fixed assets
€966k▲ 32.2%
Current assets
€247k▲ 21.8%
Equity and liabilities €1.21M
Equity
€602k▲ 8.9%
Debt
€611k▲ 60.5%
The debt ratio rises from 40.8% to 50.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€106k▼
2024 · €161k
Cash flow
€82k▼
2024 · €134k
Solvency
49.6%▼
2024 · 59.2%
Current ratio
1.05▼
2024 · 1.38
Quick ratio
1.00▼
2024 · 1.34
Debt / equity
1.02▲
2024 · 0.69
ROE
8.2%▼
2024 · 10.6%
ROA
4.1%▼
2024 · 6.2%
Interest coverage
26.10▼
2024 · 27.88
Debt
€611k▲
2024 · €381k
Debt ≤ 1 year
€236k▲
2024 · €147k
Debt > 1 year
€375k▲
2024 · €234k
Income taxes
€20k▼
2024 · €21k
Staff costs
€53k▼
2024 · €90k
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 · 2025 against 2024
Balance sheet
Code20242025
Total assets
20/58€933k€1.21M▲
Fixed assets
21/28€730k€966k▲
Tangible fixed assets
22/27€730k€966k▲
Current assets
29/58€203k€247k▲
Stocks & contracts in progress
3€6k€12k▲
Amounts receivable within one year
40/41€535€87k▲
Cash & bank
54/58€197k€149k▼
Total equity & liabilities
10/49€933k€1.21M▲
Equity
10/15€553k€602k▲
Contributions / capital
10/11€50k€50k=
Reserves
13€503k€552k▲
Accumulated profits (losses)
14-€0
Amounts payable
17/49€381k€611k▲
Amounts payable after one year
17€234k€375k▲
Amounts payable within one year
42/48€147k€236k▲
Trade debts payable within one year
44€85k€97k▲
Income statement
Code20242025
Gross operating margin
9900€256k€194k▼
Operating result
9901€85k€73k▼
Financial income
75-€294
Financial charges
65€6k€4k▼
Result before taxes
9903€80k€69k▼
Income taxes
67/77€21k€20k▼
Net result for the period
9904€58k€49k▼
Result to be appropriated
9905€58k€49k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
01-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €42k ▼51.1%
Net result drops to €42k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €509k ▲7.3%
3 profitable years in a row build equity to €509k.
16-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2021net €86k ▲17.6%
Operating result €121k, net result €86k, both a record.
15-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 15 days late
2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
21-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
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BE 0407.781.664
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Erik De Waele
BE 0821.653.544
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DEWYSE KURT
BE 0475.795.292
Middelkerke · Eq €606k
Of 21,144 companies in sector 81300 we hold annual accounts for 4,227. 2,415 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-03-2000
Fiscal year end31-12
Activities, NACEBEL
01110Growing of cereals (except rice), leguminous crops and oil seeds
01130Growing of vegetables, melons, roots and tubers
01240Growing of pome and stone fruits
81300Landscape service activities
01121
46319Wholesale of fruit and vegetables, excluding potatoes
51310
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 24-07-2026. Scores and ratios are computed by Checked and are not a credit decision.