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LumIKA

Active
Public limited companyfounded 20223 yrs activeKoning Albert II-laan 7, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 0794.547.784
Summary

LumIKA has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.1m and a net result of -€383,694. Equity is growing by ~49.4% per year across the filed fiscal years. Its solvency ranks better than 42% of 279 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability52▲+33
Solvency51▲+7
Growth52=
Track record94
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 6.01 against 1.33 in 2024; short-term debt: 0.6% and cash: 0.2% of total assets), but 74% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Electricity, gas, steam and air conditioning supply (NACE 35)
about 42% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
26%
Return on assets
-2.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€383,694
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
60 d early
2024
70 d early
2023
44 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 58 days before the deadline; the sector median for financial year 2024 is 23 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LumIKA was incorporated on 8 December 2022 as a Public limited company.1 Total assets rose from EUR 60,230 in 2023 to EUR 16 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
€1.0m
EBIT margin
13.5%
Net result
-€383,694▼ 792%
2024 · -€43,035
Working capital
€464,507▼ 82.3%
2024 · €2.6m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 35, Electricity, gas, steam and air conditioning supply, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Turnover€1.0m
Operating result-€8,220--€42,390▼ 416%€135,954
Net result-€8,350below the sector's middle half--€43,035below the sector's middle half▼ 415%-€383,694below the sector's middle half▼ 792%
EBIT margin13.5%
Equity€53,150below the sector's middle half-€4.5mabove the sector's middle half▲ 8,416%€4.1mabove the sector's middle half▼ 8.5%
Total assets€60,230below the sector's middle half-€23.4mabove the sector's middle half▲ 38,809%€15.9mabove the sector's middle half▼ 32.1%
Debt€7,080-€18.9m▲ 266,973%€11.8m▼ 37.8%
Working capital€52,161-€2.6m▲ 4,934%€464,507▼ 82.3%
Solvency88.2%above the sector's middle half-19.3%within the sector's middle half▼ 68.9pp26.0%within the sector's middle half▲ 6.7pp
above within below the middle half (P25 to P75) of NACE 35, Electricity, gas, steam and air conditioning supply, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€400,000-€200,000€0€200,000Operating result 2023: -€8,220-€8,220Net result 2023: -€8,350-€8,350Operating result 2024: -€42,390-€42,390Net result 2024: -€43,035-€43,035Operating result 2025: €135,954€135,954Net result 2025: -€383,694-€383,694202320242025-€400,000-€200,000€0€200,000Operating result 2023: -€8,220-€8,220Net result 2023: -€8,350-€8,350Operating result 2024: -€42,390-€42,400Net result 2024: -€43,035-€43,000Operating result 2025: €135,954€136,000Net result 2025: -€383,694-€384,000202320242025
The operating result returns to profit in 2025: €135,954 after a loss of €42,390 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.9m
Fixed assets €15.4m ▲ 20.1%
Current assets €557,246 ▼ 94.8%
Equity and liabilities €15.9m
Equity €4.1m ▼ 8.5%
Provisions €18,140
Debt €11.8m ▼ 37.8%
Debt's share of the balance-sheet total falls from 80.7% to 73.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€734,742▲
2024 · -€42,143
Cash flow
€215,094▲
2024 · -€42,788
Current ratio
6.01▲
2024 · 1.33
Debt to equity
2.84▼
2024 · 4.18
ROE
-9.3%▼
2024 · -1.0%
ROA
-2.4%▼
2024 · -0.2%
Interest coverage
1.41▲
2024 · -65.33
Debt ≤ 1 year
€92,739▼
2024 · €8.0m
Debt > 1 year
€10.7m=
2024 · €10.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 613 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • solvency 10 to 30%
  • a small loss
  • without age
0.7% went bankrupt
2.4% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 613 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€23.4m€15.9m▼
Formation expenses20€742€494▼
Fixed assets21/28€12.8m€15.4m▲
Tangible fixed assets22/27€12.8m€15.4m▲
Plant, machinery and equipment23-€15.4m
Assets under construction and advance payments27€12.8m-
Current assets29/58€10.6m€557,246▼
Amounts receivable within one year40/41€60,023€512,198▲
Trade receivables40-€512,198
Other amounts receivable41€60,023-
Cash at bank and in hand54/58€10.6m€26,111▼
Deferred charges and accrued income490/1€5,833€18,937▲
Equity and liabilities
Total equity and liabilities10/49€23.4m€15.9m▼
Equity10/15€4.5m€4.1m▼
Contributions10/11€4.6m€4.6m=
Capital10€4.6m€4.6m=
Issued capital100€4.6m€4.6m=
Profit (loss) carried forward14-€51,385-€435,079▼
Provisions and deferred taxes16-€18,140
Provisions for liabilities and charges160/5-€18,140
Other liabilities and charges164/5-€18,140
Amounts payable17/49€18.9m€11.8m▼
Amounts payable after more than one year17€10.7m€10.7m=
Financial debts170/4€10.7m€10.7m=
Amounts payable within one year42/48€8.0m€92,739▼
Trade debts44€8.0m€67,974▼
Suppliers440/4€8.0m€67,974▼
Taxes, remuneration and social security45-€24,765
Taxes450/3-€24,765
Accrued charges and deferred income492/3€211,907€985,360▲
Income statement Code20242025
Turnover70-€1.0m
Goods, raw materials, services and sundry goods60/61€42,143€256,820▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€247€598,788▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€18,140
Other operating charges640/8-€400
Gross operating margin9900-€42,143€753,282▲
Operating profit (loss)9901-€42,390€135,954▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€645€519,648▲
Recurring financial charges65€645€519,648▲
Profit (loss) for the period before taxes9903-€43,035-€383,694▼
Profit (loss) for the period9904-€43,035-€383,694▼
Profit (loss) for the period to be appropriated9905-€43,035-€383,694▼
Appropriation of the result
Profit (loss) to be appropriated9906-€51,385-€435,079▼
Profit (loss) brought forward from the previous period14P-€8,350-€51,385▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Turnover70--€1.0m-
Goods, raw materials, services and sundry goods60/61€7,973€42,143€256,820▲ 509%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€247€247€598,788▲ 242,128%
Provisions for liabilities and charges: additions (uses and reversals)635/8--€18,140-
Other operating charges640/8--€400-
Gross operating margin9900-€7,973-€42,143€753,282▲ 1,887%
Operating profit (loss)9901-€8,220-€42,390€135,954▲ 421%
Financial income75/76B--€0-
Recurring financial income75--€0-
Financial charges65/66B€130€645€519,648▲ 80,452%
Recurring financial charges65€130€645€519,648▲ 80,452%
Profit (loss) for the period before taxes9903-€8,350-€43,035-€383,694▼ 792%
Profit (loss) for the period9904-€8,350-€43,035-€383,694▼ 792%
Profit (loss) for the period to be appropriated9905-€8,350-€43,035-€383,694▼ 792%
Line202320242025Change
Assets
Total assets20/58€60,230€23.4m€15.9m▼ 32.1%
Formation expenses20€989€742€494▼ 33.3%
Fixed assets21/28-€12.8m€15.4m▲ 20.1%
Tangible fixed assets22/27-€12.8m€15.4m▲ 20.1%
Plant, machinery and equipment23--€15.4m-
Assets under construction and advance payments27-€12.8m--
Current assets29/58€59,241€10.6m€557,246▼ 94.8%
Amounts receivable within one year40/41€9€60,023€512,198▲ 753%
Trade receivables40--€512,198-
Other amounts receivable41€9€60,023--
Cash at bank and in hand54/58€59,232€10.6m€26,111▼ 99.8%
Deferred charges and accrued income490/1-€5,833€18,937▲ 225%
Equity and liabilities
Total equity and liabilities10/49€60,230€23.4m€15.9m▼ 32.1%
Equity10/15€53,150€4.5m€4.1m▼ 8.5%
Contributions10/11€61,500€4.6m€4.6m=
Capital10€61,500€4.6m€4.6m=
Issued capital100€61,500€4.6m€4.6m=
Profit (loss) carried forward14-€8,350-€51,385-€435,079▼ 747%
Provisions and deferred taxes16--€18,140-
Provisions for liabilities and charges160/5--€18,140-
Other liabilities and charges164/5--€18,140-
Amounts payable17/49€7,080€18.9m€11.8m▼ 37.8%
Amounts payable after more than one year17-€10.7m€10.7m=
Financial debts170/4-€10.7m€10.7m=
Amounts payable within one year42/48€7,080€8.0m€92,739▼ 98.8%
Trade debts44€7,080€8.0m€67,974▼ 99.2%
Suppliers440/4€7,080€8.0m€67,974▼ 99.2%
Taxes, remuneration and social security45--€24,765-
Taxes450/3--€24,765-
Accrued charges and deferred income492/3-€211,907€985,360▲ 365%
Line202320242025Change
Profit (loss) for the period9904-€8,350-€43,035-€383,694▼ 792%
+ Depreciation and write-downs630€247€247€598,788▲ 242,128%
Operating cash flow (approximation)-€8,103-€42,788€215,094▲ 603%
Investment in fixed assets (approximation)---€3.2m-
Change in cash-€10.5m-€10.5m▼ 200%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
State Gazette act Appointment: PwC Bedrijfsrevisoren bv (statutory auditor)
Permanent representatives: Mélanie Adorante SRL and Mélanie Adorante · Power of attorney8 facts ▸
  • General meeting, schriftelijke besluiten, algemene vergadering
  • Auditor appointment, PwC Bedrijfsrevisoren bv (statutory auditor)
  • Permanent representative, Mélanie Adorante SRL (vertegenwoordiger belast met de uitoefening van het mandaat)
  • Permanent representative, Mélanie Adorante (permanent representative)
  • Power of attorney, Rebecca De Meulder
  • Power of attorney, Christian Robin
  • Power of attorney, Paul Soens
  • Power of attorney, Alexandre Saussez
01-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€383,694
Net result drops to -€383,694, the lowest in the series.
31-12
Financial Liquidity times 5current ratio 6.01
Current ratio from 1.33 to 6.01; short-term debt falls from €8.0m to €92,739.
22-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
28-02
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2024
31-12
Financial Equity above €2mEq €4.5m ▲8,416%
Equity rises from €53,150 to €4.5m.
17-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors

Statutory auditor 1

BV PwC Bedrijfsrevisoren
Statutory auditor · since 31-08-2026 · perm. rep.: Mélanie Adorante
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
2,230 m²
Building footprint
2,026 m²
Volume, LiDAR
54,470 m³
Parcel 21014A0004/00Y018, Brussels · tallest building 36.2 m, ±10 floors. Linked by address, not a title deed.
37 companies at this address See who is registered here
1 establishment unit
LumIKA
Koning Albert II-laan 7, 1210 Sint-Joost-ten-NodeProduction of electricity from non-renewable sources
since 20222.385.548.912
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21014A0004/00Y018 Brussels 2,230 m² 1 · 2,026 m² 36.2 m · 10 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 1 in office
Show
  • Statutory auditor
Mandates per person, with start and end dates
Name Functions and periods
BV PwC Bedrijfsrevisoren
  • Statutory auditor, from 31-08-2026 to date
See the board, name and seat on a given date →

Structure & network

Part of the group ELECTRICITE DE FRANCE 66 companies Group, risk and exposure

Owners and holdings

2 owners

Chain of control

  1. EDF BELGIUM 68.63%
  2. Luminus 80.1%
  3. LumIKA

Highest known parent: EDF BELGIUM. The sources do not say who stands above it.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 149 companies in sector 35120 we hold annual accounts for 80. 40 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded08-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
35120Electricity, gas, steam and air conditioning supply
E-invoicing
Reachable via Peppol
Peppol ID 0208:0794547784
Also 9925:BE0794547784

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.