LUNO PROJECTS
ActiveSummary
LUNO PROJECTS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €795,447 and a net result of €328,903. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 73% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 3.38 against 6.62 in 2024; short-term debt: 20.5% and cash: 33.7% of total assets), and 20.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer 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
79.5%
Return on assets
32.9%
Age of the figures
9 mo
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
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
44 d early
2023
26 d early
2022
32 d early
2021
45 d early
2020
52 d early
2019
50 d early
← 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 43 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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. Usually files around 17 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 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 check 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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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, micro schema
In the rankings
#1 company by total assets in As, Telecoms and IT sector#1 company by equity in As, Telecoms and IT sector#6 oldest company in As, Telecoms and IT sector
Equity
€795,447▲ 19.3%
2024 · €666,771
Total assets
€1.0m▲ 37.4%
2024 · €727,997
Net result
€328,903▼ 7.7%
2024 · €356,189
Working capital
€487,030▲ 41.6%
2024 · €343,880
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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
Line20212022202320242025
Operating result€124,356▲ 34.9%€91,655▼ 26.3%€134,691▲ 47.0%€216,000▲ 60.4%€180,240▼ 16.6%
Net result€80,666above the sector's middle half▲ 33.9%€59,328above the sector's middle half▼ 26.5%€90,355above the sector's middle half▲ 52.3%€356,189above the sector's middle half▲ 294%€328,903above the sector's middle half▼ 7.7%
Equity€324,440above the sector's middle half▲ 11.9%€326,249above the sector's middle half▲ 0.6%€364,427above the sector's middle half▲ 11.7%€666,771above the sector's middle half▲ 83.0%€795,447above the sector's middle half▲ 19.3%
Total assets€398,750above the sector's middle half▼ 8.9%€389,516above the sector's middle half▼ 2.3%€422,130above the sector's middle half▲ 8.4%€727,997above the sector's middle half▲ 72.5%€1.0mabove the sector's middle half▲ 37.4%
Debt€74,310▼ 49.7%€63,266▼ 14.9%€57,702▼ 8.8%€61,226▲ 6.1%€204,948▲ 235%
Working capital€64,146within the sector's middle half▲ 50.7%€76,249within the sector's middle half▲ 18.9%€112,249within the sector's middle half▲ 47.2%€343,880above the sector's middle half▲ 206%€487,030above the sector's middle half▲ 41.6%
Solvency81.4%above the sector's middle half▲ 15.1pp83.8%above the sector's middle half▲ 2.4pp86.3%above the sector's middle half▲ 2.6pp91.6%above the sector's middle half▲ 5.3pp79.5%within the sector's middle half▼ 12.1pp
Current ratio1.86within the sector's middle half▲ 0.522.21within the sector's middle half▲ 0.342.95within the sector's middle half▲ 0.746.62above the sector's middle half▲ 3.673.38within the sector's middle half▼ 3.24
Return on assets (ROA)20.2%within the sector's middle half▲ 6.5pp15.2%within the sector's middle half▼ 5.0pp21.4%within the sector's middle half▲ 6.2pp48.9%above the sector's middle half▲ 27.5pp32.9%within the sector's middle half▼ 16.0pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€308,416 ▼ 4.5%
Current assets
€691,978 ▲ 70.8%
Equity and liabilities €1.0m
Equity
€795,447 ▲ 19.3%
Debt
€204,948 ▲ 235%
Debt's share of the balance-sheet total rises from 8.4% to 20.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€198,361▼
2024 · €231,520
Cash flow
€347,024▼
2024 · €371,709
Debt to equity
0.26▲
2024 · 0.09
ROE
41.3%▼
2024 · 53.4%
Interest coverage
677.83▼
2024 · 985.03
Debt ≤ 1 year
€204,948▲
2024 · €61,226
Income taxes
€83,132▼
2024 · €84,945
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 17,810 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,810 | €0 | €18,000 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,294 | €10,294 | €21 | €15,521 | €18,121 | ▲ 16.8% |
| Other operating charges640/8 | €1,367 | €525 | €953 | €1,101 | €1,168 | ▲ 6.2% |
| Non-recurring operating charges66A | - | - | - | €43 | €0 | ▼ 100% |
| Gross operating margin9900 | €136,017 | €102,474 | €135,665 | €232,664 | €199,529 | ▼ 14.2% |
| Operating profit (loss)9901 | €124,356 | €91,655 | €134,691 | €216,000 | €180,240 | ▼ 16.6% |
| Financial income75/76B | - | - | €862 | €225,369 | €232,088 | ▲ 3.0% |
| Recurring financial income75 | - | - | €862 | €225,369 | €231,862 | ▲ 2.9% |
| Non-recurring financial income76B | - | - | - | - | €226 | - |
| Financial charges65/66B | €1,226 | €397 | €235 | €235 | €293 | ▲ 24.5% |
| Recurring financial charges65 | €1,226 | €397 | €235 | €235 | €293 | ▲ 24.5% |
| Profit (loss) for the period before taxes9903 | €123,131 | €91,258 | €135,318 | €441,134 | €412,035 | ▼ 6.6% |
| Income taxes67/77 | €42,465 | €31,930 | €44,963 | €84,945 | €83,132 | ▼ 2.1% |
| Profit (loss) for the period9904 | €80,666 | €59,328 | €90,355 | €356,189 | €328,903 | ▼ 7.7% |
| Profit (loss) for the period to be appropriated9905 | €80,666 | €59,328 | €90,355 | €356,189 | €328,903 | ▼ 7.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €398,750 | €389,516 | €422,130 | €727,997 | €1.0m | ▲ 37.4% |
| Fixed assets21/28 | €260,294 | €250,000 | €252,179 | €322,890 | €308,416 | ▼ 4.5% |
| Tangible fixed assets22/27 | €10,294 | - | €2,179 | €72,890 | €58,416 | ▼ 19.9% |
| Plant, machinery and equipment23 | - | - | €2,179 | €1,959 | €1,739 | ▼ 11.2% |
| Furniture and vehicles24 | €10,294 | - | - | €70,932 | €56,677 | ▼ 20.1% |
| Financial fixed assets28 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Current assets29/58 | €138,456 | €139,516 | €169,951 | €405,107 | €691,978 | ▲ 70.8% |
| Amounts receivable within one year40/41 | €20,443 | €18,978 | €37 | €5,424 | €3,942 | ▼ 27.3% |
| Trade receivables40 | €17,908 | €17,908 | €0 | - | - | - |
| Other amounts receivable41 | €2,535 | €1,070 | €37 | €5,424 | €3,942 | ▼ 27.3% |
| Current investments50/53 | - | - | €80,000 | €280,000 | €350,221 | ▲ 25.1% |
| Cash at bank and in hand54/58 | €118,013 | €120,538 | €89,052 | €116,754 | €336,939 | ▲ 189% |
| Deferred charges and accrued income490/1 | - | - | €862 | €2,929 | €877 | ▼ 70.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €398,750 | €389,516 | €422,130 | €727,997 | €1.0m | ▲ 37.4% |
| Equity10/15 | €324,440 | €326,249 | €364,427 | €666,771 | €795,447 | ▲ 19.3% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €304,440 | €306,249 | €344,427 | €646,771 | €775,447 | ▲ 19.9% |
| Distributable reserves133 | €304,440 | €306,249 | €344,427 | €646,771 | €775,447 | ▲ 19.9% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €74,310 | €63,266 | €57,702 | €61,226 | €204,948 | ▲ 235% |
| Amounts payable within one year42/48 | €74,310 | €63,266 | €57,702 | €61,226 | €204,948 | ▲ 235% |
| Current portion of amounts payable after more than one year42 | €23,208 | - | - | - | - | - |
| Trade debts44 | €256 | €411 | €378 | €2,662 | €283 | ▼ 89.4% |
| Suppliers440/4 | €256 | €411 | €378 | €2,662 | €283 | ▼ 89.4% |
| Taxes, remuneration and social security45 | €2,633 | €4,069 | €3,804 | €3,743 | €3,576 | ▼ 4.5% |
| Taxes450/3 | €2,633 | €4,069 | €3,804 | €3,743 | €3,576 | ▼ 4.5% |
| Other amounts payable47/48 | €48,214 | €58,786 | €53,521 | €54,821 | €201,089 | ▲ 267% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €80,666 | €59,328 | €90,355 | €356,189 | €328,903 | ▼ 7.7% |
| + Depreciation and write-downs630 | €10,294 | €10,294 | €21 | €15,521 | €18,121 | ▲ 16.8% |
| Operating cash flow (approximation) | €90,960 | €69,622 | €90,376 | €371,709 | €347,024 | ▼ 6.6% |
| Investment in fixed assets (approximation) | - | €0 | -€2,200 | -€86,232 | -€3,647 | ▲ 95.8% |
| Change in cash | - | €2,525 | -€31,486 | €27,702 | €220,185 | ▲ 695% |
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
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €356,189 ▲294%
Operating result €216,000, net result €356,189, both a record.
31-12
Financial
Liquidity doublescurrent ratio 6.62
Current ratio from 2.95 to 6.62.
31-12
Financial
Equity above €500,000Eq €666,771 ▲83%
7 profitable years in a row build equity to €666,771.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, As · 1 establishment unit since 2012
Ground area
798 m²
Building footprint
135 m²
Volume, LiDAR
795 m³
Parcel 71043A0287/00P000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Luno Projects
since 20122.210.248.433
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71043A0287/00P000 | Flanders | 798 m² | 1 · 135 m² | 8.2 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
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
30%
According to the 2025 annual accounts of LUNO PROJECTS and those 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
BE THE WAVE
BE 0839.986.742
Chaudfontaine · Eq €795,588
ANZECO
BE 0446.395.186
Gent · Eq €795,786
LIMWISE
BE 0894.781.547
Antwerpen · Eq €794,685
Thomas Decamps
BE 0785.940.124
Incourt · Eq €796,677
QUALITY & SPI GUIDANCE
BE 0871.758.202
Halle · Eq €797,000
Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 9,720 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-05-2012
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0846398838
Also
9925:BE0846398838
Registered
05-03-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.