LUNE
ActiveSummary
LUNE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.3m and a net result of -€71,829. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability24▼-26
Solvency74▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200,000 at 30 days acceptable
Liquidity short (current ratio 0.23 against 0.47 in 2024; short-term debt: 27.7% and cash: 0.2% of total assets), and 50.9% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% 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
49.1%
Return on assets
-1.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
7 d early
2022
38 d early
2021
93 d early
2020
4 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 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 Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 company by equity in Beernem, Wholesale and retail trade sector#7 company by total assets in Beernem, Wholesale and retail trade sector
Equity
€3.3m▼ 2.1%
2024 · €3.4m
Total assets
€6.8m▼ 4.9%
2024 · €7.1m
Net result
-€71,829
2024 · €1.3m
Working capital
-€1.4m▼ 36.7%
2024 · -€1.1m
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
Line20212022202320242025
Operating result€120,953▲ 12.9%€57,375▼ 52.6%€70,965▲ 23.7%€37,270▼ 47.5%€4,360▼ 88.3%
Net result€29,714▲ 123%€126,129▲ 324%-€16,890€1.3m-€71,829
Equity€2.7m▲ 1.1%€2.8m▲ 4.7%€2.8m▼ 0.6%€3.4m▲ 22.0%€3.3m▼ 2.1%
Total assets€6.6m▲ 0.4%€6.9m▲ 4.9%€6.9m▲ 0.3%€7.1m▲ 3.3%€6.8m▼ 4.9%
Debt€3.9m▼ 0.1%€4.0m▲ 3.8%€4.1m▲ 1.0%€3.7m▼ 9.4%€3.4m▼ 7.4%
Working capital-€2.1m▼ 2.9%-€1.9m▲ 9.6%-€2.0m▼ 4.0%-€1.1m▲ 46.8%-€1.4m▼ 36.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 88% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.8m
Fixed assets
€6.4m ▲ 2.2%
Current assets
€434,977 ▼ 52.7%
Equity and liabilities €6.8m
Equity
€3.3m ▼ 2.1%
Provisions
€43,765 ▼ 2.9%
Debt
€3.4m ▼ 7.4%
Debt's share of the balance-sheet total falls from 51.6% to 50.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€60,726▼
2024 · €91,622
Cash flow
-€15,463▼
2024 · €1.3m
Current ratio
0.23▼
2024 · 0.47
Debt to equity
1.02▼
2024 · 1.08
ROE
-2.2%▼
2024 · 37.2%
ROA
-1.1%▼
2024 · 17.8%
Interest coverage
0.77▼
2024 · 1.11
Debt ≤ 1 year
€1.9m▼
2024 · €2.0m
Debt > 1 year
€1.5m▼
2024 · €1.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,128 | €54,514 | €51,714 | €54,352 | €56,366 | ▲ 3.7% |
| Other operating charges640/8 | - | €3,710 | €7,140 | €4,533 | €4,357 | ▼ 3.9% |
| Gross operating margin9900 | €131,006 | €115,599 | €129,819 | €96,155 | €65,083 | ▼ 32.3% |
| Operating profit (loss)9901 | €120,953 | €57,375 | €70,965 | €37,270 | €4,360 | ▼ 88.3% |
| Financial income75/76B | - | €207,500 | €2,489 | €1.4m | €1,208 | ▼ 99.9% |
| Recurring financial income75 | €9 | €0 | €2,489 | €13,103 | €1,208 | ▼ 90.8% |
| Non-recurring financial income76B | - | €207,500 | - | €1.4m | - | - |
| Financial charges65/66B | - | €91,750 | €90,569 | €179,670 | €78,682 | ▼ 56.2% |
| Recurring financial charges65 | €87,560 | €91,750 | €90,569 | €82,677 | €78,682 | ▼ 4.8% |
| Non-recurring financial charges66B | - | - | - | €96,994 | - | - |
| Profit (loss) for the period before taxes9903 | €33,402 | €173,125 | -€17,115 | €1.3m | -€73,115 | ▼ 106% |
| Transfer from deferred taxes780 | - | €355 | €225 | €1,243 | €1,286 | ▲ 3.5% |
| Transfer to deferred taxes680 | - | €46,875 | - | - | - | - |
| Income taxes67/77 | €3,689 | €477 | - | - | - | - |
| Profit (loss) for the period9904 | €29,714 | €126,129 | -€16,890 | €1.3m | -€71,829 | ▼ 106% |
| Transfer from tax-exempt reserves789 | - | €1,066 | €674 | €3,730 | €3,859 | ▲ 3.5% |
| Transfer to tax-exempt reserves689 | - | €140,625 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €29,714 | -€13,430 | -€16,216 | €1.3m | -€67,970 | ▼ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.6m | €6.9m | €6.9m | €7.1m | €6.8m | ▼ 4.9% |
| Fixed assets21/28 | €6.2m | €6.7m | €6.7m | €6.2m | €6.4m | ▲ 2.2% |
| Intangible fixed assets21 | - | €142,152 | €137,710 | €133,268 | €128,825 | ▼ 3.3% |
| Tangible fixed assets22/27 | €259,128 | €1.2m | €1.3m | €1.2m | €1.2m | ▼ 3.4% |
| Land and buildings22 | - | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 3.4% |
| Plant, machinery and equipment23 | - | €45,334 | €113,069 | €103,329 | €101,103 | ▼ 2.2% |
| Furniture and vehicles24 | - | €4,625 | €2,588 | €7,254 | €6,100 | ▼ 15.9% |
| Financial fixed assets28 | €6.0m | €5.3m | €5.3m | €4.9m | €5.1m | ▲ 3.8% |
| Current assets29/58 | €318,422 | €226,975 | €231,673 | €920,153 | €434,977 | ▼ 52.7% |
| Amounts receivable within one year40/41 | €269,514 | €221,460 | €223,007 | €225,391 | €18,433 | ▼ 91.8% |
| Trade receivables40 | - | - | €1,548 | - | - | - |
| Other amounts receivable41 | - | €221,460 | €221,460 | €225,391 | €18,433 | ▼ 91.8% |
| Current investments50/53 | - | - | - | €500,000 | - | - |
| Cash at bank and in hand54/58 | €48,908 | €5,516 | €5,530 | €191,344 | €11,780 | ▼ 93.8% |
| Deferred charges and accrued income490/1 | - | - | €3,135 | €3,419 | €404,764 | ▲ 11,740% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.6m | €6.9m | €6.9m | €7.1m | €6.8m | ▼ 4.9% |
| Equity10/15 | €2.7m | €2.8m | €2.8m | €3.4m | €3.3m | ▼ 2.1% |
| Contributions10/11 | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Capital10 | - | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Issued capital100 | - | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Revaluation surpluses12 | - | €655,438 | €655,438 | - | - | - |
| Reserves13 | €205,340 | €331,469 | €314,579 | €1.6m | €1.5m | ▼ 4.5% |
| Non-distributable reserves130/1 | - | €18,516 | €18,516 | €82,170 | €82,170 | = |
| Legal reserve130 | - | - | €18,516 | €82,170 | €82,170 | = |
| Reserves not available under the articles1311 | - | €18,516 | - | - | - | - |
| Tax-exempt reserves132 | - | €139,564 | €138,890 | €135,160 | €131,302 | ▼ 2.9% |
| Distributable reserves133 | - | €173,388 | €157,172 | €1.4m | €1.3m | ▼ 5.0% |
| Provisions and deferred taxes16 | - | €46,520 | €46,295 | €45,052 | €43,765 | ▼ 2.9% |
| Deferred taxes168 | - | €46,520 | €46,295 | €45,052 | €43,765 | ▼ 2.9% |
| Amounts payable17/49 | €3.9m | €4.0m | €4.1m | €3.7m | €3.4m | ▼ 7.4% |
| Amounts payable after more than one year17 | €1.4m | €1.8m | €1.8m | €1.7m | €1.5m | ▼ 10.6% |
| Financial debts170/4 | - | €1.6m | €1.6m | €1.5m | €1.4m | ▼ 8.9% |
| Other amounts payable178/9 | - | €200,000 | €160,000 | €120,000 | €80,000 | ▼ 33.3% |
| Amounts payable within one year42/48 | €2.4m | €2.1m | €2.2m | €2.0m | €1.9m | ▼ 4.9% |
| Current portion of amounts payable after more than one year42 | - | €73,883 | €73,045 | €135,103 | €136,472 | ▲ 1.0% |
| Trade debts44 | €2,132 | €4,397 | €6,821 | €4,135 | €313,275 | ▲ 7,477% |
| Suppliers440/4 | - | €4,397 | €6,821 | €4,135 | €313,275 | ▲ 7,477% |
| Taxes, remuneration and social security45 | - | €477 | €111 | - | - | - |
| Taxes450/3 | - | €477 | €111 | - | - | - |
| Other amounts payable47/48 | - | €2.1m | €2.1m | €1.8m | €1.4m | ▼ 22.2% |
| Accrued charges and deferred income492/3 | - | €59,948 | €59,948 | €46,521 | €46,613 | ▲ 0.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,714 | €126,129 | -€16,890 | €1.3m | -€71,829 | ▼ 106% |
| + Depreciation and write-downs630 | €7,128 | €54,514 | €51,714 | €54,352 | €56,366 | ▲ 3.7% |
| Operating cash flow (approximation) | €36,842 | €180,642 | €34,824 | €1.3m | -€15,463 | ▼ 101% |
| Investment in fixed assets (approximation) | - | -€466,695 | -€70,982 | €403,311 | -€195,007 | ▼ 148% |
| Change in cash | - | -€43,393 | €15 | €185,814 | -€179,564 | ▼ 197% |
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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
23-03
State Gazette act
Director resignation · Director discharge
Director appointment · Permanent representative
2025
30-09
Financial
Weakest financial yearnet -€71,829
Net result drops to -€71,829, the lowest in the series.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €1.3m
Net result €1.3m after one loss-making year.
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €2mEq €2.7m ▲33.7%
2 profitable years in a row build equity to €2.7m.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
14 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, Beernem · 1 establishment unit since 2003
Ground area
2,832 m²
Building footprint
265 m²
Volume, LiDAR
1,722 m³
Parcel 31003C0547/00A002, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lune
since 20032.134.874.384
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003C0547/00A002 | Flanders | 2,832 m² | 1 · 265 m² | 11.1 m · 2 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.
Structure & network
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
Becobra
Shared director
→
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 540 EUR awarded · 540 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 540 EUR | 540 EUR |
Similar companies · same sector, comparable size
LA GALLERIA
BE 0464.539.037
Gent · Eq €3,341,247
STOCK TRADING ATH
BE 0871.797.594
Ath · Eq €3,322,869
LAS - SERVICE
BE 0429.108.006
Antwerpen · Eq €3,357,151
IMMO@T HOME
BE 0870.998.434
Wervik · Eq €3,266,249
Paardekooper België
BE 0417.876.592
Brussel · Eq €3,416,950
Of 4,414 companies in sector 46180 we hold annual accounts for 1,887. 475 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
Founded10-10-2003
Fiscal year end30-09
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0860997041
Also
9925:BE0860997041
Registered
21-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.