LUSECO
ActiveLUSECO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €144k and a net result of €110k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 82% of 37960 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
98
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+15
Solvency100▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 4.71 against 2.92 in 2023; short-term debt: 14.7% and cash: 42.7% of total assets), and 14.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Sector 70
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 2024Solvency, return and age of the figures
Solvency
85.3%
Return on assets
65.2%
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 18-07-2025, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
35 d early
2022
41 d early
2021
27 d early
2020
30 d early
2019
11 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€144k▲ 62.9%
2023 · €88k
2018: €62k
2019: €101k
2020: €70k
2021: €61k
2022: €73k
2023: €88k
2018 → 2024
Total assets
€169k▲ 39.3%
2023 · €121k
2018: €123k
2019: €138k
2020: €79k
2021: €89k
2022: €95k
2023: €121k
2018 → 2024
Net result
€110k▲ 613%
2023 · €15k
2018: €3k
2019: €39k
2020: €-2k
2021: €-9k
2022: €15k
2023: €15k
2018 → 2024
Working capital
€92k▲ 46.0%
2023 · €63k
2018: €47k
2019: €88k
2020: €58k
2021: €38k
2022: €52k
2023: €63k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€70k-€61k▼ 12.6%€73k▲ 19.0%€88k▲ 21.1%€144k▲ 62.9%
Operating result€-4k-€1k€19k▲ 1,290%€17k▼ 9.6%€127k▲ 642%
Net result€-2k-€-9k▼ 457%€15k€15k▲ 5.3%€110k▲ 613%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 642% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €169k
Fixed assets
€52k▲ 105%
Current assets
€117k▲ 21.9%
Equity and liabilities €169k
Equity
€144k▲ 62.9%
Debt
€25k▼ 24.4%
The debt ratio falls from 27.1% to 14.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€133k▲
2023 · €22k
Cash flow
€116k▲
2023 · €20k
Solvency
85.3%▲
2023 · 72.9%
Current ratio
4.71▲
2023 · 2.92
Quick ratio
4.71▲
2023 · 2.92
Debt / equity
0.17▼
2023 · 0.37
ROE
76.4%▲
2023 · 17.5%
ROA
65.2%▲
2023 · 12.7%
Interest coverage
1305.11▲
2023 · 300.65
Debt
€25k▼
2023 · €33k
Debt ≤ 1 year
€25k▼
2023 · €33k
Income taxes
€17k▲
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€121k€169k▲
Fixed assets21/28€25k€52k▲
Tangible fixed assets22/27€25k€51k▲
Land and buildings22€7k€6k▼
Plant, machinery and equipment23€1k€9k▲
Furniture and vehicles24€7k€28k▲
Assets under construction and advance payments27€9k€9k=
Financial fixed assets28€650€650=
Current assets29/58€96k€117k▲
Amounts receivable within one year40/41€41k€41k▲
Trade receivables40€41k€41k▲
Cash at bank and in hand54/58€52k€72k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€121k€169k▲
Equity10/15€88k€144k▲
Contributions10/11€12k€12k=
Reserves13€86k€142k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€84k€142k▲
Profit (loss) carried forward14€-10k€-10k=
Amounts payable17/49€33k€25k▼
Amounts payable within one year42/48€33k€25k▼
Trade debts44€8k€7k▼
Suppliers440/4€8k€7k▼
Advances received on contracts in progress46-€581
Taxes, remuneration and social security45€25k€10k▼
Taxes450/3€14k€10k▼
Remuneration and social security454/9€11k-
Other amounts payable47/48-€7k
Income statement
Code20232024
Non-recurring operating income76A-€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€659€877▲
Gross operating margin9900€22k€134k▲
Operating profit (loss)9901€17k€127k▲
Financial income75/76B€2€2▼
Recurring financial income75€2€2▼
Financial charges65/66B€73€102▲
Recurring financial charges65€73€102▲
Profit (loss) for the period before taxes9903€17k€127k▲
Income taxes67/77€2k€17k▲
Profit (loss) for the period9904€15k€110k▲
Profit (loss) for the period to be appropriated9905€15k€110k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€100k▲
Profit (loss) brought forward from the previous period14P€-10k€-10k=
Transfer from equity791/2-€54k
Transfer to equity691/2€15k€110k▲
To other reserves6921€15k€110k▲
Profit to be distributed694/7-€54k
Return on contributions (dividend)694-€54k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €110k ▲613%
Operating result €127k, net result €110k, both a record.
31-12
Financial
Equity above €100kEq €144k ▲62.9%
3 profitable years in a row build equity to €144k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 7.33
Current ratio from 3.38 to 7.33; short-term debt falls from €37k to €9k.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Equity above €100kEq €101k ▲63.4%
2 profitable years in a row build equity to €101k.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
02-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Schelle · 1 establishment unit since 2011
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.
Tuinlei 1412627 SchelleGround area
1,395 m²
Building footprint
187 m²
Volume, LiDAR
1,140 m³
Parcel 11038C0148/00E000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Luseco
since 20112.203.867.120
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11038C0148/00E000 | Flanders | 1,395 m² | 1 · 187 m² | 10.3 m · 2 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.
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 40,854 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-05-2011
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.