LURO
ActiveSummary
LURO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €34k and a net result of €3k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 1410 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▲+63
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 9.61 against 4.54 in 2023; short-term debt: 9.9% and cash: 6% of total assets), and 9.9% of the assets are financed with debt.
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Signals
Four 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
90.1%
Return on assets
8.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
on the day
2022
100 d late
2021
120 d late
2020
31 d late
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
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 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 Roughly what is this company worth?Value indication
Financials · fiscal year 2024, abbreviated schema
Turnover
€0
Total assets
€37k▼ 2.9%
2023 · €38k
Net result
€3k
2023 · €-556
Working capital
€32k▲ 10.5%
2023 · €29k
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
Line20202021202220232024
Turnover
Operating result€15k▲ 162%€16k▲ 7.3%€2k▼ 89.7%€-2k€2k
Net result€15k▲ 174%€16k▲ 8.8%€2k▼ 86.8%€-556€3k
Equity€30k▼ 0.4%€31k▲ 4.0%€31k▲ 0.5%€30k▼ 1.8%€34k▲ 11.0%
Total assets€53k▲ 17.2%€91k▲ 70.9%€45k▼ 50.0%€38k▼ 15.0%€37k▼ 2.9%
Debt€23k▲ 50.6%€60k▲ 155%€14k▼ 76.0%€8k▼ 43.2%€4k▼ 54.6%
Working capital€25k▲ 1.9%€30k▲ 20.7%€30k▲ 0.1%€29k▼ 4.1%€32k▲ 10.5%
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 returns to profit in 2024: €2k after a loss of €2k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €37k
Fixed assets
€2k ▲ 21.3%
Current assets
€36k ▼ 3.8%
Equity and liabilities €37k
Equity
€34k ▲ 11.0%
Debt
€4k ▼ 54.6%
Debt's share of the balance-sheet total falls from 21.2% to 9.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3k▲
2023 · €-1k
Cash flow
€4k▲
2023 · €-192
Current ratio
9.61▲
2023 · 4.54
Debt to equity
0.11▼
2023 · 0.27
ROE
9.9%▲
2023 · -1.8%
ROA
8.9%▲
2023 · -1.4%
Interest coverage
6.61▲
2023 · -5.93
Debt ≤ 1 year
€4k▼
2023 · €8k
Income taxes
€900
Staff costs
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €2k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €277 | €364 | €489 | ▲ 34.5% |
| Other operating charges640/8 | - | €233 | €237 | €256 | €659 | ▲ 158% |
| Gross operating margin9900 | €20k | €22k | €2k | €-1k | €5k | ▲ 589% |
| Operating profit (loss)9901 | €15k | €16k | €2k | €-2k | €2k | ▲ 244% |
| Financial income75/76B | - | €2k | €764 | €1k | €2k | ▲ 57.9% |
| Recurring financial income75 | €943 | €2k | €764 | €1k | €2k | ▲ 57.9% |
| Financial charges65/66B | - | €1k | €211 | €229 | €449 | ▲ 96.1% |
| Recurring financial charges65 | €473 | €1k | €211 | €229 | €449 | ▲ 96.1% |
| Profit (loss) for the period before taxes9903 | €15k | €16k | €2k | €-556 | €4k | ▲ 862% |
| Income taxes67/77 | €0 | - | - | - | €900 | - |
| Profit (loss) for the period9904 | €15k | €16k | €2k | €-556 | €3k | ▲ 700% |
| Profit (loss) for the period to be appropriated9905 | €15k | €16k | €2k | €-556 | €3k | ▲ 700% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €53k | €91k | €45k | €38k | €37k | ▼ 2.9% |
| Fixed assets21/28 | €6k | €613 | €752 | €1k | €2k | ▲ 21.3% |
| Tangible fixed assets22/27 | €6k | €613 | €752 | €1k | €2k | ▲ 21.3% |
| Plant, machinery and equipment23 | - | €613 | €752 | €1k | €2k | ▲ 21.3% |
| Furniture and vehicles24 | - | €0 | - | - | - | - |
| Leasing and similar rights25 | - | €0 | - | - | - | - |
| Current assets29/58 | €47k | €90k | €44k | €37k | €36k | ▼ 3.8% |
| Amounts receivable within one year40/41 | €43k | €85k | €42k | €33k | €33k | ▲ 1.8% |
| Trade receivables40 | - | €32k | €24k | - | €5k | - |
| Other amounts receivable41 | - | €53k | €18k | €33k | €28k | ▼ 14.6% |
| Cash at bank and in hand54/58 | €4k | €5k | €3k | €4k | €2k | ▼ 47.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €53k | €91k | €45k | €38k | €37k | ▼ 2.9% |
| Equity10/15 | €30k | €31k | €31k | €30k | €34k | ▲ 11.0% |
| Contributions10/11 | - | €15k | €15k | €15k | €15k | = |
| Reserves13 | €10k | €10k | €10k | €10k | €10k | = |
| Non-distributable reserves130/1 | - | €903 | €903 | €903 | €903 | = |
| Reserves not available under the articles1311 | - | €903 | €903 | €903 | €903 | = |
| Distributable reserves133 | - | €9k | €9k | €9k | €9k | = |
| Profit (loss) carried forward14 | €4k | €6k | €6k | €5k | €9k | ▲ 63.3% |
| Amounts payable17/49 | €23k | €60k | €14k | €8k | €4k | ▼ 54.6% |
| Amounts payable after more than one year17 | €2k | €0 | - | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €22k | €60k | €14k | €8k | €4k | ▼ 54.6% |
| Current portion of amounts payable after more than one year42 | - | €2k | €0 | - | - | - |
| Trade debts44 | €751 | €672 | €2k | €563 | €108 | ▼ 80.8% |
| Suppliers440/4 | - | €672 | €2k | €563 | €108 | ▼ 80.8% |
| Taxes, remuneration and social security45 | - | €3k | €11k | €8k | €4k | ▼ 52.6% |
| Taxes450/3 | - | €3k | €11k | €8k | €4k | ▼ 52.6% |
| Other amounts payable47/48 | - | €54k | €2k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €16k | €2k | €-556 | €3k | ▲ 700% |
| + Depreciation and write-downs630 | €6k | €6k | €277 | €364 | €489 | ▲ 34.5% |
| Operating cash flow (approximation) | €21k | €22k | €2k | €-192 | €4k | ▲ 2,091% |
| Investment in fixed assets (approximation) | - | €0 | €-416 | €-1k | €-791 | ▲ 23.1% |
| Change in cash | - | €1k | €-2k | €2k | €-2k | ▼ 230% |
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
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 9.61
Current ratio from 4.54 to 9.61; short-term debt falls from €8k to €4k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-556
Net result drops to €-556, the lowest in the series; recovery starts the following year.
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 100 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 3.10
Current ratio from 1.50 to 3.10; short-term debt falls from €60k to €14k.
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 120 days late
2021
31-12
Financial
Highest result since 2018net €16k ▲8.8%
Operating result €16k, net result €16k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · 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, Aarschot · 2 establishment units since 1993
Ground area
372 m²
Building footprint
241 m²
Volume, LiDAR
1,437 m³
2 parcels, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
LURO VORMGEVER
since 19932.060.986.219
VORMGEVER LURO
since 19992.060.986.120
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12014K0023/00R000 | Flanders | 286 m² | 1 · 155 m² | 9.6 m · 1 fl. |
| 24662H0677/00G000 | Flanders | 86 m² | 1 · 86 m² | 13.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,752. 2,869 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 (pre-2019)
Founded17-02-1993
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
Scores and ratios are computed by Checked and are not a credit decision.