LURON
ActiveSummary
LURON has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,737 and a net result of €10,087. Equity has been growing by about 75% per year since 2018. Its solvency ranks better than 47% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-09-1998 Normal situation
- Activity
- Insulation installation NACE 43230and 4 others
- Establishment unit
- 2.089.009.816 7700 Mouscron, since 28-10-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €35,119
- ▼ 10.0%
- Turnover
- ≈ €190,000
- estimated
- Profit
- €10,087
- ▼ 21.8%
- Equity
- €76,737
- ▲ 15.1%
- Total assets
- €172,870
- ▼ 7.0%
- 2025 accounts filed 25 days after the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 0.06, cash €3,034Size: total assets €172,870lowers riskFounded in 1998Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 48% of them on solvency, 25% on liquidity, 51% on profitability and 62% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 62 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 25 days after the deadline Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00423900.
Annual accounts 2025 filed on 25-08-2026 at the NBB all 27 filings
Every figure per financial year
The operating result for 2025 is 19% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €950 | €10,744 | - | €20,000 | - |
| Depreciation and write-downs of the year | €14,485 | €16,174 | €14,440 | €15,337 | €15,056 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,738 | €19,842 | €16,342 | €14,485 | €16,174 | €14,440 | €15,337 | €15,056 | ▼ 1.8% |
| Other operating charges640/8 | - | - | - | €4,183 | €3,668 | €4,703 | €4,070 | €4,204 | ▲ 3.3% |
| Gross operating margin9900 | €15,535 | €43,967 | €40,163 | €37,661 | €33,754 | €39,203 | €39,021 | €35,119 | ▼ 10.0% |
| Operating profit (loss)9901 | -€3,662 | €18,611 | €20,416 | €18,993 | €13,912 | €20,060 | €19,613 | €15,859 | ▼ 19.1% |
| Financial income75/76B | - | - | - | €59 | €200 | - | €1,248 | - | - |
| Recurring financial income75 | - | €11 | €1 | €59 | €200 | - | €1,248 | - | - |
| Non-recurring financial income76B | - | - | - | - | €200 | - | €1,248 | - | - |
| Financial charges65/66B | - | - | - | €4,334 | €4,172 | €3,375 | €3,120 | €2,101 | ▼ 32.7% |
| Recurring financial charges65 | €4,710 | €5,299 | €5,052 | €4,334 | €4,122 | €3,267 | €3,062 | €2,101 | ▼ 31.4% |
| Non-recurring financial charges66B | - | - | - | - | €50 | €108 | €58 | - | - |
| Profit (loss) for the period before taxes9903 | -€8,372 | €13,323 | €15,212 | €14,718 | €9,940 | €16,685 | €17,742 | €13,758 | ▼ 22.5% |
| Income taxes67/77 | - | €430 | €3,433 | €3,620 | €2,666 | €4,482 | €4,850 | €3,672 | ▼ 24.3% |
| Profit (loss) for the period9904 | -€8,372 | €12,893 | €11,779 | €11,098 | €7,274 | €12,203 | €12,891 | €10,087 | ▼ 21.8% |
| Profit (loss) for the period to be appropriated9905 | -€8,372 | €12,893 | €11,779 | €11,098 | €7,274 | €12,203 | €12,891 | €10,087 | ▼ 21.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €222,029 | €237,150 | €220,368 | €211,780 | €204,074 | €189,297 | €185,979 | €172,870 | ▼ 7.0% |
| Fixed assets21/28 | €220,433 | €236,194 | €219,852 | €206,317 | €200,886 | €186,063 | €184,123 | €169,068 | ▼ 8.2% |
| Tangible fixed assets22/27 | €220,433 | €236,194 | €219,852 | €206,317 | €200,886 | €186,063 | €184,123 | €169,068 | ▼ 8.2% |
| Land and buildings22 | - | - | - | €200,566 | €187,542 | €176,991 | €166,822 | €157,325 | ▼ 5.7% |
| Furniture and vehicles24 | - | - | - | €2,109 | €10,461 | €6,838 | €15,625 | €10,625 | ▼ 32.0% |
| Other tangible fixed assets26 | - | - | - | €3,642 | €2,883 | €2,235 | €1,676 | €1,118 | ▼ 33.3% |
| Current assets29/58 | €1,596 | €956 | €516 | €5,463 | €3,188 | €3,234 | €1,856 | €3,802 | ▲ 105% |
| Amounts receivable within one year40/41 | €78 | - | - | €350 | €2,211 | €1,900 | €1,210 | €768 | ▼ 36.5% |
| Trade receivables40 | - | - | - | - | - | - | €1,210 | €768 | ▼ 36.5% |
| Other amounts receivable41 | - | - | - | €350 | €2,211 | €1,900 | - | - | - |
| Cash at bank and in hand54/58 | €1,518 | €956 | €516 | €5,113 | €977 | €1,204 | €646 | €3,034 | ▲ 370% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €130 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €222,029 | €237,150 | €220,368 | €211,780 | €204,074 | €189,297 | €185,979 | €172,870 | ▼ 7.0% |
| Equity10/15 | €1,511 | €11,404 | €23,183 | €34,281 | €41,555 | €53,759 | €66,650 | €76,737 | ▲ 15.1% |
| Contributions10/11 | €13,400 | €13,400 | - | €13,400 | €13,400 | €13,400 | €15,260 | €15,260 | = |
| Reserves13 | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Profit (loss) carried forward14 | -€11,889 | -€3,856 | €7,923 | €19,021 | €26,295 | €38,499 | €51,390 | €61,477 | ▲ 19.6% |
| Amounts payable17/49 | €220,518 | €225,746 | €197,185 | €177,499 | €162,518 | €135,539 | €119,329 | €96,133 | ▼ 19.4% |
| Amounts payable after more than one year17 | €130,063 | €136,678 | €123,407 | €103,678 | €90,118 | €65,419 | €51,261 | €34,889 | ▼ 31.9% |
| Financial debts170/4 | - | - | - | €99,930 | €85,069 | €60,371 | €46,212 | €29,841 | ▼ 35.4% |
| Other amounts payable178/9 | - | - | - | €3,748 | €5,048 | €5,048 | €5,048 | €5,048 | = |
| Amounts payable within one year42/48 | €89,680 | €88,293 | €73,003 | €72,576 | €71,161 | €68,935 | €66,884 | €60,470 | ▼ 9.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €19,730 | €23,895 | €24,698 | €20,770 | €16,372 | ▼ 21.2% |
| Financial debts43 | - | - | - | - | €466 | €162 | €4,298 | - | - |
| Credit institutions430/8 | - | - | - | - | €466 | €162 | €4,298 | - | - |
| Trade debts44 | €2,935 | €6,392 | €1,928 | €194 | €289 | - | €484 | €1,747 | ▲ 261% |
| Suppliers440/4 | - | - | - | €194 | €289 | - | €484 | €1,747 | ▲ 261% |
| Taxes, remuneration and social security45 | - | - | - | €4,680 | €2,999 | €5,143 | €6,228 | €9,206 | ▲ 47.8% |
| Taxes450/3 | - | - | - | €4,680 | €2,999 | €5,143 | €6,228 | €9,206 | ▲ 47.8% |
| Other amounts payable47/48 | - | - | - | €47,972 | €43,514 | €38,932 | €35,104 | €33,145 | ▼ 5.6% |
| Accrued charges and deferred income492/3 | - | - | - | €1,245 | €1,240 | €1,185 | €1,185 | €775 | ▼ 34.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,372 | €12,893 | €11,779 | €11,098 | €7,274 | €12,203 | €12,891 | €10,087 | ▼ 21.8% |
| + Depreciation and write-downs630 | €14,738 | €19,842 | €16,342 | €14,485 | €16,174 | €14,440 | €15,337 | €15,056 | ▼ 1.8% |
| Operating cash flow (approximation) | €6,366 | €32,735 | €28,121 | €25,583 | €23,448 | €26,644 | €28,229 | €25,142 | ▼ 10.9% |
| Investment in fixed assets (approximation) | - | -€35,603 | €0 | -€950 | -€10,743 | €382 | -€13,397 | €0 | - |
| Change in cash | - | -€562 | -€440 | €4,597 | -€4,136 | €227 | -€558 | €2,388 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as LURON has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LURON itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for LURON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-08-2026 | 2026-00423900 | |
| 31-12-2024 | micro format | 18-08-2025 | 2025-00381203 | |
| 31-12-2023 | micro format | 20-08-2024 | 2024-00357756 | |
| 31-12-2022 | micro format | 02-08-2023 | 2023-00307439 | |
| 31-12-2021 | micro format | 20-08-2022 | 2022-20299388 | |
| 31-12-2020 | micro format | 14-02-2022 | 2022-05600248 | |
| 31-12-2019 | micro format | 29-12-2020 | 2020-77300595 | |
| 31-12-2018 | micro format | 21-08-2019 | 2019-49200077 | |
| 31-12-2017 | micro format | 08-08-2018 | 2018-44300362 | |
| 31-12-2016 | micro format | 21-08-2017 | 2017-48100262 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 19-06-2024 Converted to unavailable equity · €15,260
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| SUYÈRE Marc-Alain Serge |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“Avec ou sans limitation,fixée par l'assemblée qui nomme,à défaut sans limitation, organe d'administration”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata si plusieurs, cession d'actions”
Articles of association, deed of 19-06-2024 (in French)
Network & group
LURON shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of LURON. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-06
Gazette deed
Change of role: SUYÈRE Marc-Alain Serge, from manager to directorLegal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: SUYÈRE Marc-Alain Serge8 points ▸
- General meeting, 17-06-2024
- Legal-form conversion, from private limited company (pre-2019) to private limited company
- 750 shares
- Director appointment, SUYÈRE Marc-Alain Serge (director (not named in the articles))
- Director resignation, SUYÈRE Marc-Alain Serge (manager)
- Director discharge, SUYÈRE Marc-Alain Serge
- Registered office clause, Rue de la Bouverie 15, boite 1, 7700 Mouscron
- Power of attorney, Chloé HUIN
- The act holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
3 activities
- La négociation, la gestion, l’achat, la vente, la location, la sous-location, le leasing de tous terrains et biens immeubles ainsi que la négociation de contrats avec des entrepreneurs, des architectes, pour son propre compte ou pour compte de tiers relatifs à la transformation, la démolition, la construction d’immeubles et parkings.
- La société pourra d’une façon générale accomplir toutes opérations commerciales, industrielles, financières, mobilières ou immobilières se rapportant directement ou indirectement à son objet ou qui seraient de nature à en faciliter directement ou indirectement la réalisation.
- La société peut s’intéresser par toutes voies dans toutes affaires, entreprises ou sociétés ayant un objet identique, analogue, similaire ou connexe, ou qui sont de nature à favoriser le développement de son entreprise.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0464.150.146
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 54007B1028/02C002 | Wallonia | 524 m² | 1 · 118 m² | 13.3 m · 4 |