LURISCH
ActiveLURISCH has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €820k and a net result of €21k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 65% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-2
Solvency75▼-12
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity short (current ratio 0.54 against 0.54 in 2024; short-term debt: 21.1% and cash: 2.1% of total assets), and 50% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
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
50%
Return on assets
1.3%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
44 d early
2023
33 d early
2022
39 d early
2021
27 d early
2020
25 d early
2019
4 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€820k▲ 2.6%
2024 · €799k
2018: €632k
2019: €645k
2020: €653k
2021: €690k
2022: €716k
2023: €766k
2024: €799k
2018 → 2025
Total assets
€1.64M▲ 26.6%
2024 · €1.30M
2018: €1.09M
2019: €1.03M
2020: €962k
2021: €920k
2022: €873k
2023: €1.35M
2024: €1.30M
2018 → 2025
Net result
€21k▼ 35.9%
2024 · €33k
2018: €27k
2019: €12k
2020: €8k
2021: €37k
2022: €26k
2023: €50k
2024: €33k
2018 → 2025
Working capital
€-159k▼ 85.0%
2024 · €-86k
2018: €-20k
2019: €-32k
2020: €-50k
2021: €-32k
2022: €-8k
2023: €-68k
2024: €-86k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€690k-€716k▲ 3.8%€766k▲ 7.0%€799k▲ 4.3%€820k▲ 2.6%
Operating result€53k-€37k▼ 30.1%€78k▲ 112%€58k▼ 25.9%€25k▼ 57.6%
Net result€37k-€26k▼ 28.1%€50k▲ 91.9%€33k▼ 34.8%€21k▼ 35.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 58% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.64M
Fixed assets
€1.45M▲ 21.8%
Current assets
€187k▲ 83.1%
Equity and liabilities €1.64M
Equity
€820k▲ 2.6%
Debt
€822k▲ 65.2%
The debt ratio rises from 38.4% to 50.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€79k▼
2024 · €110k
Cash flow
€75k▼
2024 · €85k
Solvency
50.0%▼
2024 · 61.6%
Current ratio
0.54▼
2024 · 0.54
Quick ratio
0.54▼
2024 · 0.54
Debt / equity
1.00▲
2024 · 0.62
ROE
2.6%▼
2024 · 4.1%
ROA
1.3%▼
2024 · 2.5%
Interest coverage
22.85▲
2024 · 7.87
Debt
€822k▲
2024 · €498k
Debt ≤ 1 year
€346k▲
2024 · €188k
Debt > 1 year
€475k▲
2024 · €302k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.30M€1.64M▲
Fixed assets21/28€1.19M€1.45M▲
Tangible fixed assets22/27€894k€1.15M▲
Land and buildings22€894k€1.15M▲
Financial fixed assets28€300k€300k=
Current assets29/58€102k€187k▲
Amounts receivable within one year40/41€88k€148k▲
Other amounts receivable41€88k€148k▲
Cash at bank and in hand54/58€10k€35k▲
Deferred charges and accrued income490/1€5k€5k=
Equity and liabilities
Total equity and liabilities10/49€1.30M€1.64M▲
Equity10/15€799k€820k▲
Contributions10/11€470k€470k=
Capital10€470k€470k=
Issued capital100€470k€470k=
Reserves13€47k€47k=
Non-distributable reserves130/1€47k€47k=
Legal reserve130€47k€47k=
Profit (loss) carried forward14€282k€303k▲
Amounts payable17/49€498k€822k▲
Amounts payable after more than one year17€302k€475k▲
Financial debts170/4€302k€475k▲
Amounts payable within one year42/48€188k€346k▲
Current portion of amounts payable after more than one year42€111k€135k▲
Trade debts44-€70k
Suppliers440/4-€70k
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€76k€142k▲
Accrued charges and deferred income492/3€8k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€54k▲
Other operating charges640/8€22k€14k▼
Gross operating margin9900€132k€92k▼
Operating profit (loss)9901€58k€25k▼
Financial charges65/66B€14k€3k▼
Recurring financial charges65€14k€3k▼
Profit (loss) for the period before taxes9903€44k€21k▼
Income taxes67/77€11k-
Profit (loss) for the period9904€33k€21k▼
Profit (loss) for the period to be appropriated9905€33k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€282k€303k▲
Profit (loss) brought forward from the previous period14P€249k€282k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €50k ▲91.9%
Operating result €78k, net result €50k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €8k ▼30%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Balen · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Molderloopstraat 62490 BalenGround area
264 m²
Building footprint
95 m²
Volume, LiDAR
416 m³
Parcel 13003A1691/00K000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LURISCH
since 20042.142.179.672
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003A1691/00K000 | Flanders | 264 m² | 1 · 95 m² | 6.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DIAMRO
BE 0649.442.615
Kortrijk · Eq €821k
BENARDI BELGIUM
BE 0880.966.866
Lierde · Eq €820k
SVD INVEST
BE 0640.856.531
Kruisem · Eq €821k
FREGU
BE 0865.467.652
Waregem · Eq €820k
La Compagnie du Bois aux Charmes
BE 0673.714.884
Watermaal-Bosvoorde · Eq €818k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,374 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-09-2004
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68121Development of residential building projects
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.