LUMMEN
ActiveSummary
The computed 12-month bankruptcy probability of LUMMEN is 3.0% (moderate). The 2025 annual accounts show equity of €51k and a net result of €-2k. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 10% of 837 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability37=
Solvency25▼-1
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 14.64 against 8.26 in 2024; short-term debt: 6.8% and cash: 0.2% of total assets), but 99.7% of the assets are financed with debt.
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Signals
Eight 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 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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
0.3%
Return on assets
0%
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 2025Net result per financial year
22232425
2022 to 2025 · latest year €-2k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 837 sector peers (2025).
NBB · sector comparisonPosition among 837 sector peers
Solvency
better than 10%
← weakest
strongest →
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 03-07-2026, 28 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
28 d early
2024
11 d late
2023
28 d late
2022
34 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k▲ 38.5%
2024 · €-4k
Working capital
€15.46M▲ 181%
2024 · €5.51M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€-2k-€-744▲ 67.5%€-3k▼ 284%€-1k▲ 52.0%
Net result€-4k-€-1k▲ 65.4%€-4k▼ 192%€-2k▲ 38.5%
Equity€58k-€57k▼ 2.2%€53k▼ 6.4%€51k▼ 4.2%
Total assets€112k-€4.07M▲ 3,543%€6.26M▲ 53.8%€16.59M▲ 165%
Debt€53k-€4.01M▲ 7,415%€6.21M▲ 54.7%€16.54M▲ 166%
Working capital€110k-€3.30M▲ 2,910%€5.51M▲ 67.0%€15.46M▲ 181%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €3k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €16.59M
Equity
€51k ▼ 4.2%
Debt
€16.54M ▲ 166%
Debt's share of the balance-sheet total rises from 99.1% to 99.7%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
14.64▲
2024 · 8.26
Quick ratio
0.11▼
2024 · 0.20
ROE
-4.4%▲
2024 · -6.9%
ROA
0.0%▲
2024 · -0.1%
Debt ≤ 1 year
€1.13M▲
2024 · €758k
Debt > 1 year
€15.36M▲
2024 · €5.43M
A ratio outside any meaningful range has been withheld (balance sheet total €16.59M, equity €51k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Operating income70/76A | - | - | €5k | €5k | ▲ 8.0% |
| Other operating income74 | - | - | €5k | €5k | ▲ 8.0% |
| Operating charges60/66A | €2k | €744 | €7k | €6k | ▼ 15.1% |
| Goods for resale, raw materials and consumables60 | - | €-139k | €0 | €0 | - |
| Purchases600/8 | - | €3.76M | €1.73M | €9.78M | ▲ 464% |
| Change in stocks: decrease (increase)609 | - | €-3.90M | €-1.73M | €-9.78M | ▼ 464% |
| Services and other goods61 | €2k | €19k | €7k | €6k | ▼ 15.1% |
| Other operating charges640/8 | €150 | €120k | €0 | €0 | - |
| Operating profit (loss)9901 | €-2k | €-744 | €-3k | €-1k | ▲ 52.0% |
| Financial charges65/66B | €1k | €514 | €824 | €890 | ▲ 8.0% |
| Recurring financial charges65 | €1k | €514 | €824 | €890 | ▲ 8.0% |
| Debt charges650 | €1k | €0 | €0 | - | - |
| Other financial charges652/9 | €172 | €514 | €824 | €890 | ▲ 8.0% |
| Profit (loss) for the period before taxes9903 | €-4k | €-1k | €-4k | €-2k | ▲ 38.5% |
| Profit (loss) for the period9904 | €-4k | €-1k | €-4k | €-2k | ▲ 38.5% |
| Profit (loss) for the period to be appropriated9905 | €-4k | €-1k | €-4k | €-2k | ▲ 38.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €112k | €4.07M | €6.26M | €16.59M | ▲ 165% |
| Current assets29/58 | €112k | €4.07M | €6.26M | €16.59M | ▲ 165% |
| Stocks and contracts in progress3 | €100k | €4.06M | €6.11M | €16.46M | ▲ 169% |
| Stocks30/36 | €100k | €4.06M | €6.11M | €16.46M | ▲ 169% |
| Property held for sale35 | - | €4.06M | €6.11M | €16.46M | ▲ 169% |
| Advance payments36 | €100k | €0 | - | - | - |
| Amounts receivable within one year40/41 | €2k | €2k | €35k | €17k | ▼ 50.4% |
| Trade receivables40 | €2k | €0 | €3k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €2k | €33k | €17k | ▼ 46.5% |
| Cash at bank and in hand54/58 | €10k | €8k | €31k | €28k | ▼ 10.5% |
| Deferred charges and accrued income490/1 | - | - | €85k | €81k | ▼ 5.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €112k | €4.07M | €6.26M | €16.59M | ▲ 165% |
| Equity10/15 | €58k | €57k | €53k | €51k | ▼ 4.2% |
| Contributions10/11 | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | = |
| Profit (loss) carried forward14 | €-4k | €-5k | €-9k | €-11k | ▼ 26.4% |
| Amounts payable17/49 | €53k | €4.01M | €6.21M | €16.54M | ▲ 166% |
| Amounts payable after more than one year17 | €51k | €3.24M | €5.43M | €15.36M | ▲ 183% |
| Financial debts170/4 | €51k | €3.24M | €5.43M | €15.36M | ▲ 183% |
| Subordinated loans170 | €51k | €3.24M | €5.43M | €5.77M | ▲ 6.4% |
| Credit institutions173 | - | - | - | €9.58M | - |
| Amounts payable within one year42/48 | €2k | €774k | €758k | €1.13M | ▲ 49.5% |
| Trade debts44 | €2k | €774k | €758k | €1.13M | ▲ 49.5% |
| Suppliers440/4 | €2k | €774k | €758k | €1.13M | ▲ 49.5% |
| Taxes, remuneration and social security45 | - | - | €0 | €0 | - |
| Taxes450/3 | - | - | €0 | €0 | - |
| Accrued charges and deferred income492/3 | - | - | €24k | €47k | ▲ 92.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €-1k | €-4k | €-2k | ▲ 38.5% |
| Operating cash flow (approximation) | €-4k | €-1k | €-4k | €-2k | ▲ 38.5% |
| Change in cash | - | €-1k | €23k | €-3k | ▼ 114% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 11 days late
2024
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Ukkel · 1 establishment unit since 2022
Ground area
1,012 m²
Building footprint
149 m²
Volume, LiDAR
515 m³
Parcel 21612D0019/00P004, Brussels · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
27
companies at this address
See who is registered here
1 establishment unit
LUMMEN
since 20222.328.847.759
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0019/00P004 | Brussels | 1,012 m² | 1 · 149 m² | 5.1 m · 1 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.
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UKR TEK
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 13,077 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
Founded21-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
Scores and ratios are computed by Checked and are not a credit decision.