Equity
€114,126 from €247,863 in 2023
Equity fell by 54% in 2 years.
Lumency
Lifetime
10 annual accounts with figures on one time axispeak €16,484 (2024)
-€55,571▼ €72,055
lowest -€27,567 (2023)
-€1,043▼ €3,702
peak €247,863 (2023)
€114,126▼ 12.3%
€23,302▼ 50.1%
Board3 names since 2020
2 directorsAbdellah Touhafi and 1 other
Documentsfilings and deeds
22-08-202622 days late
2025financial year
Gross margin from €16,484 to -€55,571Loss of €1,043Equity from €130,169 to €114,126Debts from €46,662 to €23,302
Key points
from the 2025 annual accountsLiquidity
5.63 was 3.65 in 2024
Short-term debts fell from €46,662 to €23,302.
Filings
10 annual accounts 2 late
The 2024 accounts came latest: 27 days after the end of the period.
At the same address
59 companies
Position in the sector
€114,126
Less equity than 84% of companies in computer and electronic products. Sector median €2.6m · 174 companies.
Public support
€730,134 EU contribution
EU research money: HORIZON.
Checked score
95
Excellent
Financially stronger than 58% of micro companies in computer and electronic products (NACE 26)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 447 companies (NACE 26, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025highest value
10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 5.63, cash €94,246
Equity €114,126 (83.0% of total assets)
Sector: Manufacture of computer, electronic and optical products (NACE 26)
Size: total assets €137,428
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 26, micro). It does better than 87% of them on solvency, 90% on liquidity, 27% on profitability and 28% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as Lumency has now. Each dot stands for 18 companies, two years later.
90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Lumency itself is lower: < 0.1% within 12 months. It rests on far more data about Lumency than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,908 companies, not a prediction for Lumency. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.63 (3.65 in 2024), above the usual 1.5. Short-term debt is 17% and cash 68.6% of total assets. 17% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 22 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
22 days late
2024
27 days late
2023
28 days early
2022
54 days early
2021
5 days early
2020
31 days early
2019
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 26), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0644838281
2 directors appointed, 1 resignation
Resignation: Naima Najmi · Appointments: Abdellah Touhafi (director) and Doha Touhafi (director) · Director discharge: Naima Najmi · General meeting of 25-06-2024 · Gazette deed
New establishment in Etterbeek
Witte Patersstraat 4
New establishment in Houthalen-Helchteren
Heidestraat 3
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as Lumency: manufacture of computer, electronic and optical products (NACE 26110). They are comparable in size and age: total assets between €28,300 and €578,000, founded between 2012 and 2020.
Official details
Source: KBO- Status
- Active since 23-12-2015Normal situation
- Registered office
- 61 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Manufacture of computer, electronic and optical productsNACE 26110and 2 others
- Establishment units
- 2.248.903.9231020 Brussels, since 23-12-2015
- 2.329.570.7073530 Houthalen-Helchteren, since 01-03-2022and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Insights on Lumency
Solvency rose in 2025 from 73.6% to 83.0% because of lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Lumency
- What is the company number of Lumency?
- The company number of Lumency is 0644.838.281. The VAT number is the same number with BE in front: BE 0644.838.281.
- Where is Lumency based?
- The registered office is at Dieudonné Lefèvrestraat 17, 1020 Brussels.Company details
- What does Lumency do?
- According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26110).
- What is the legal form of Lumency?
- Lumency is a private limited company (BV).
- When was Lumency founded?
- Lumency was founded on 23-12-2015.
- Is Lumency still active?
- Yes, Lumency is an active enterprise in the KBO register.
- What is the turnover of Lumency?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is Lumency profitable?
- In financial year 2025, Lumency made a loss of €1,043.
- Where can I find the annual accounts of Lumency?
- Lumency filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Lumency due?
- Lumency must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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