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 €795k and a net result of €329k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 74% of 17090 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 €75k 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
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 →
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
Financials · fiscal year 2025, micro schema
Equity
€795k▲ 19.3%
2024 · €667k
2018: €302k
2019: €309k▲ +2.3% vs 2018
2020: €290k▼ -6.0% vs 2019lowest in 8 years
2021: €324k▲ +11.9% vs 2020
2022: €326k▲ +0.6% vs 2021
2023: €364k▲ +11.7% vs 2022
2024: €667k▲ +83.0% vs 2023
2025: €795k▲ +19.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.00M▲ 37.4%
2024 · €728k
2018: €443k
2019: €458k▲ +3.5% vs 2018
2020: €438k▼ -4.5% vs 2019
2021: €399k▼ -8.9% vs 2020
2022: €390k▼ -2.3% vs 2021lowest in 8 years
2023: €422k▲ +8.4% vs 2022
2024: €728k▲ +72.5% vs 2023
2025: €1.00M▲ +37.4% vs 2024highest in 8 years
2018 → 2025
Net result
€329k▼ 7.7%
2024 · €356k
2018: €52klowest in 8 years
2019: €54k▲ +3.2% vs 2018
2020: €60k▲ +11.9% vs 2019
2021: €81k▲ +33.9% vs 2020
2022: €59k▼ -26.5% vs 2021
2023: €90k▲ +52.3% vs 2022
2024: €356k▲ +294% vs 2023highest in 8 years
2025: €329k▼ -7.7% vs 2024
2018 → 2025
Working capital
€487k▲ 41.6%
2024 · €344k
2018: €111k
2019: €90k▼ -19.1% vs 2018
2020: €43k▼ -52.8% vs 2019lowest in 8 years
2021: €64k▲ +50.7% vs 2020
2022: €76k▲ +18.9% vs 2021
2023: €112k▲ +47.2% vs 2022
2024: €344k▲ +206% vs 2023
2025: €487k▲ +41.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€324k-€326k▲ 0.6%€364k▲ 11.7%€667k▲ 83.0%€795k▲ 19.3%
2021: €324klowest in 5 years
2022: €326k▲ +0.6% vs 2021
2023: €364k▲ +11.7% vs 2022
2024: €667k▲ +83.0% vs 2023
2025: €795k▲ +19.3% vs 2024highest in 5 years
Operating result€124k-€92k▼ 26.3%€135k▲ 47.0%€216k▲ 60.4%€180k▼ 16.6%
2021: €124k
2022: €92k▼ -26.3% vs 2021lowest in 5 years
2023: €135k▲ +47.0% vs 2022
2024: €216k▲ +60.4% vs 2023highest in 5 years
2025: €180k▼ -16.6% vs 2024
Net result€81k-€59k▼ 26.5%€90k▲ 52.3%€356k▲ 294%€329k▼ 7.7%
2021: €81k
2022: €59k▼ -26.5% vs 2021lowest in 5 years
2023: €90k▲ +52.3% vs 2022
2024: €356k▲ +294% vs 2023highest in 5 years
2025: €329k▼ -7.7% vs 2024
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 €1.00M
Fixed assets
€308k ▼ 4.5%
Current assets
€692k ▲ 70.8%
Equity and liabilities €1.00M
Equity
€795k ▲ 19.3%
Debt
€205k ▲ 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
€198k▼
2024 · €232k
Cash flow
€347k▼
2024 · €372k
Current ratio
3.38▼
2024 · 6.62
Debt to equity
0.26▲
2024 · 0.09
ROE
41.3%▼
2024 · 53.4%
ROA
32.9%▼
2024 · 48.9%
Interest coverage
677.83▼
2024 · 985.03
Debt ≤ 1 year
€205k▲
2024 · €61k
Income taxes
€83k▼
2024 · €85k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€728k€1.00M▲
Fixed assets21/28€323k€308k▼
Tangible fixed assets22/27€73k€58k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€71k€57k▼
Financial fixed assets28€250k€250k=
Current assets29/58€405k€692k▲
Amounts receivable within one year40/41€5k€4k▼
Other amounts receivable41€5k€4k▼
Current investments50/53€280k€350k▲
Cash at bank and in hand54/58€117k€337k▲
Deferred charges and accrued income490/1€3k€877▼
Equity and liabilities
Total equity and liabilities10/49€728k€1.00M▲
Equity10/15€667k€795k▲
Contributions10/11€20k€20k=
Reserves13€647k€775k▲
Distributable reserves133€647k€775k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€61k€205k▲
Amounts payable within one year42/48€61k€205k▲
Trade debts44€3k€283▼
Suppliers440/4€3k€283▼
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€4k▼
Other amounts payable47/48€55k€201k▲
Income statement
Code20242025
Non-recurring operating income76A€18k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€18k▲
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€43€0▼
Gross operating margin9900€233k€200k▼
Operating profit (loss)9901€216k€180k▼
Financial income75/76B€225k€232k▲
Recurring financial income75€225k€232k▲
Non-recurring financial income76B-€226
Financial charges65/66B€235€293▲
Recurring financial charges65€235€293▲
Profit (loss) for the period before taxes9903€441k€412k▼
Income taxes67/77€85k€83k▼
Profit (loss) for the period9904€356k€329k▼
Profit (loss) for the period to be appropriated9905€356k€329k▼
Appropriation of the result
Profit (loss) to be appropriated9906€356k€329k▼
Transfer from equity791/2€54k€200k▲
Transfer to equity691/2€356k€329k▼
To other reserves6921€356k€329k▼
Profit to be distributed694/7€54k€200k▲
Return on contributions (dividend)694€54k€200k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | €0 | €18k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €10k | €21 | €16k | €18k | ▲ 16.8% |
| Other operating charges640/8 | €1k | €525 | €953 | €1k | €1k | ▲ 6.2% |
| Non-recurring operating charges66A | - | - | - | €43 | €0 | ▼ 100% |
| Gross operating margin9900 | €136k | €102k | €136k | €233k | €200k | ▼ 14.2% |
| Operating profit (loss)9901 | €124k | €92k | €135k | €216k | €180k | ▼ 16.6% |
| Financial income75/76B | - | - | €862 | €225k | €232k | ▲ 3.0% |
| Recurring financial income75 | - | - | €862 | €225k | €232k | ▲ 2.9% |
| Non-recurring financial income76B | - | - | - | - | €226 | - |
| Financial charges65/66B | €1k | €397 | €235 | €235 | €293 | ▲ 24.5% |
| Recurring financial charges65 | €1k | €397 | €235 | €235 | €293 | ▲ 24.5% |
| Profit (loss) for the period before taxes9903 | €123k | €91k | €135k | €441k | €412k | ▼ 6.6% |
| Income taxes67/77 | €42k | €32k | €45k | €85k | €83k | ▼ 2.1% |
| Profit (loss) for the period9904 | €81k | €59k | €90k | €356k | €329k | ▼ 7.7% |
| Profit (loss) for the period to be appropriated9905 | €81k | €59k | €90k | €356k | €329k | ▼ 7.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €399k | €390k | €422k | €728k | €1.00M | ▲ 37.4% |
| Fixed assets21/28 | €260k | €250k | €252k | €323k | €308k | ▼ 4.5% |
| Tangible fixed assets22/27 | €10k | - | €2k | €73k | €58k | ▼ 19.9% |
| Plant, machinery and equipment23 | - | - | €2k | €2k | €2k | ▼ 11.2% |
| Furniture and vehicles24 | €10k | - | - | €71k | €57k | ▼ 20.1% |
| Financial fixed assets28 | €250k | €250k | €250k | €250k | €250k | = |
| Current assets29/58 | €138k | €140k | €170k | €405k | €692k | ▲ 70.8% |
| Amounts receivable within one year40/41 | €20k | €19k | €37 | €5k | €4k | ▼ 27.3% |
| Trade receivables40 | €18k | €18k | €0 | - | - | - |
| Other amounts receivable41 | €3k | €1k | €37 | €5k | €4k | ▼ 27.3% |
| Current investments50/53 | - | - | €80k | €280k | €350k | ▲ 25.1% |
| Cash at bank and in hand54/58 | €118k | €121k | €89k | €117k | €337k | ▲ 189% |
| Deferred charges and accrued income490/1 | - | - | €862 | €3k | €877 | ▼ 70.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €399k | €390k | €422k | €728k | €1.00M | ▲ 37.4% |
| Equity10/15 | €324k | €326k | €364k | €667k | €795k | ▲ 19.3% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €304k | €306k | €344k | €647k | €775k | ▲ 19.9% |
| Distributable reserves133 | €304k | €306k | €344k | €647k | €775k | ▲ 19.9% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €74k | €63k | €58k | €61k | €205k | ▲ 235% |
| Amounts payable within one year42/48 | €74k | €63k | €58k | €61k | €205k | ▲ 235% |
| Current portion of amounts payable after more than one year42 | €23k | - | - | - | - | - |
| Trade debts44 | €256 | €411 | €378 | €3k | €283 | ▼ 89.4% |
| Suppliers440/4 | €256 | €411 | €378 | €3k | €283 | ▼ 89.4% |
| Taxes, remuneration and social security45 | €3k | €4k | €4k | €4k | €4k | ▼ 4.5% |
| Taxes450/3 | €3k | €4k | €4k | €4k | €4k | ▼ 4.5% |
| Other amounts payable47/48 | €48k | €59k | €54k | €55k | €201k | ▲ 267% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €81k | €59k | €90k | €356k | €329k | ▼ 7.7% |
| + Depreciation and write-downs630 | €10k | €10k | €21 | €16k | €18k | ▲ 16.8% |
| Operating cash flow (approximation) | €91k | €70k | €90k | €372k | €347k | ▼ 6.6% |
| Investment in fixed assets (approximation) | - | €0 | €-2k | €-86k | €-4k | ▲ 95.8% |
| Change in cash | - | €3k | €-31k | €28k | €220k | ▲ 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 €356k ▲294%
Operating result €216k, net result €356k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 6.62
Current ratio from 2.95 to 6.62.
31-12
Financial
Equity above €500kEq €667k ▲83%
7 profitable years in a row build equity to €667k.
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.
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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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 9,715 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
Scores and ratios are computed by Checked and are not a credit decision.