LUMETAL
ActiveLUMETAL has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.24M and a net result of €37k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 94% of 670 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
83
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-35
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 5.76 against 9.77 in 2024), and 11.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
88.2%
Return on assets
2.6%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
117 d late
2023
90 d late
2022
30 d late
2021
19 d late
2020
19 d late
2019
20 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€37k▼ 71.6%
2024 · €130k
2018: €82k
2019: €30k
2020: €9k
2021: €168k
2022: €259k
2023: €205k
2024: €130k
2018 → 2025
Working capital
€784k▼ 4.7%
2024 · €823k
2018: €931k
2019: €825k
2020: €526k
2021: €613k
2022: €587k
2023: €740k
2024: €823k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€916k-€1.17M▲ 28.1%€1.18M▲ 0.2%€1.30M▲ 10.7%€1.24M▼ 5.0%
Operating result€234k-€341k▲ 45.7%€280k▼ 17.7%€171k▼ 38.9%€35k▼ 79.4%
Net result€168k-€259k▲ 53.8%€205k▼ 20.9%€130k▼ 36.5%€37k▼ 71.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 79% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.40M
Fixed assets
€452k▼ 5.5%
Current assets
€949k▲ 3.5%
Equity and liabilities €1.40M
Equity
€1.24M▼ 5.0%
Debt
€165k▲ 75.4%
The debt ratio rises from 6.7% to 11.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€219k▼
2024 · €329k
Cash flow
€221k▼
2024 · €288k
Solvency
88.2%▼
2024 · 93.3%
Current ratio
5.76▼
2024 · 9.77
Quick ratio
4.68▼
2024 · 7.37
Debt / equity
0.13▲
2024 · 0.07
ROE
3.0%▼
2024 · 10.0%
ROA
2.6%▼
2024 · 9.3%
Interest coverage
102.69▼
2024 · 156.14
Debt
€165k▲
2024 · €94k
Debt ≤ 1 year
€165k▲
2024 · €94k
Income taxes
€13k▼
2024 · €48k
Staff costs
€135k▲
2024 · €100k
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
Assets
Total assets20/58€1.40M€1.40M▲
Fixed assets21/28€479k€452k▼
Intangible fixed assets21€3k€3k▼
Tangible fixed assets22/27€475k€450k▼
Land and buildings22€0€0=
Plant, machinery and equipment23€397k€312k▼
Furniture and vehicles24€61k€121k▲
Other tangible fixed assets26€18k€16k▼
Financial fixed assets28€273€273=
Current assets29/58€917k€949k▲
Stocks and contracts in progress3€225k€178k▼
Stocks30/36€225k€178k▼
Amounts receivable within one year40/41€586k€362k▼
Trade receivables40€584k€323k▼
Other amounts receivable41€2k€39k▲
Current investments50/53€59k€189k▲
Cash at bank and in hand54/58€39k€210k▲
Deferred charges and accrued income490/1€7k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.40M€1.40M▲
Equity10/15€1.30M€1.24M▼
Contributions10/11€170k€170k=
Capital10€170k€170k=
Issued capital100€170k€170k=
Reserves13€1.10M€1.05M▼
Non-distributable reserves130/1€17k€17k=
Legal reserve130€17k€17k=
Distributable reserves133€1.08M€1.04M▼
Profit (loss) carried forward14€28k€172▼
Investment grants15€5k€12k▲
Amounts payable17/49€94k€165k▲
Amounts payable within one year42/48€94k€165k▲
Trade debts44€39k€113k▲
Suppliers440/4€39k€113k▲
Taxes, remuneration and social security45€29k€28k▼
Taxes450/3€17k€15k▼
Remuneration and social security454/9€12k€13k▲
Other amounts payable47/48€25k€24k▼
Accrued charges and deferred income492/3€88€89▲
Income statement
Code20242025
Remuneration, social security and pensions62€100k€135k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€158k€184k▲
Other operating charges640/8€12k€12k▲
Gross operating margin9900€441k€366k▼
Operating profit (loss)9901€171k€35k▼
Financial income75/76B€9k€17k▲
Recurring financial income75€9k€17k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€178k€50k▼
Income taxes67/77€48k€13k▼
Profit (loss) for the period9904€130k€37k▼
Profit (loss) for the period to be appropriated9905€130k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€157k€65k▼
Profit (loss) brought forward from the previous period14P€27k€28k▲
Transfer from equity791/2-€109k
Transfer to equity691/2€123k€65k▼
To other reserves6921€123k€65k▼
Profit to be distributed694/7€6k€109k▲
Return on contributions (dividend)694-€109k
Directors or managers695€6k-
Social balance
Average headcount (FTE)90872.02.6▲
The notes to these accounts (11 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 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
25-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 117 days late
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 90 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 6.52
Current ratio from 2.29 to 6.52; short-term debt falls from €456k to €134k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €259k ▲53.8%
Operating result €341k, net result €259k, both a record.
31-12
Financial
Equity above €1MEq €1.17M ▲28.1%
5 profitable years in a row build equity to €1.17M.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 19 days late
2020
31-12
Financial
Weakest financial yearnet €9k ▼71.1%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 19 days late
16-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 169 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Baelen · 1 establishment unit since 1994
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.
Overoth(BLN) 124837 BaelenGround area
758 m²
Building footprint
365 m²
Volume, LiDAR
3,026 m³
Parcel 63004B0132/00G000, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Overoth(BLN) 12, 4837 Baelen
since 19942.066.864.914
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63004B0132/00G000 | Wallonia | 758 m² | 1 · 365 m² | 10.9 m · 3 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.
Similar companies · same sector, comparable size
VERMEULEN CONSTRUCT
BE 0470.013.894
Ieper · Eq €1.23M
AVD-BELGIUM
BE 0422.772.619
Braine-le-Château · Eq €1.23M
PLATTEAU
BE 0418.982.590
Poperinge · Eq €1.24M
Dejonghe Techniek
BE 0728.787.526
Staden · Eq €1.24M
STUBBE
BE 0816.712.779
Beerse · Eq €1.24M
Of 3,447 companies in sector 25530 we hold annual accounts for 1,644. 1,066 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-05-1994
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
28520
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.