Turnover
≈ €88,000 estimated
The micro format states no turnover.
LUSEMA
Overview
Lifetime
2 annual accounts with figures on one time axispeak €31,683 (2025)
€31,683▲ 172%
peak €20,209 (2025)
€20,209▲ 379%
peak €29,429 (2025)
€29,429▲ 219%
€13,845▼ 34.7%
Board2 names since 2023
1 directorWILMS, Michelle
Documentsfilings and deeds
18-12-202544 days before the deadline
2025micro format
Gross margin from €11,648 to €31,683Result from €4,220 to €20,209Equity from €9,220 to €29,429Debts from €21,214 to €13,845Cash from €9,407 to €23,113
Key points
from the 2025 annual accountsInvestments
€1,198 15.9 × depreciation
Green is investment, beige is depreciation.
Liquidity
3.28 was 1.51 in 2024
Short-term debts fell from €20,214 to €12,845.
Checked score
98
Excellent
Financially stronger than 80% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%highest value
01-2025: < 0.1%▼ -0.4 percentage points vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
lowers risk
Sector: Legal and accounting activities (NACE 69)
Liquidity: current ratio 3.28, cash €23,113
Equity €29,429 (68.0% of total assets)
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 69, micro). It does better than 65% of them on solvency, 79% on liquidity, 82% on profitability and 96% on growth.
The bankruptcy probability was computed on 08-11-2026 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 30-06-2025.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as LUSEMA has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LUSEMA itself is lower: < 0.1% within 12 months. It rests on far more data about LUSEMA than the profile alone.
Test of the method
The method was tested on the 497,447 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 39,278 companies, not a prediction for LUSEMA. 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.
Credit verdict
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.28 (1.51 in 2024), above the usual 1.5. Short-term debt is 29.7% and cash 53.4% of total assets. 32% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
44 days early
2024
44 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 44 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803349149
Appointment: WILMS, Michelle (director)
Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: Wilms, Michelle · published on 03-07-2023 · Gazette deed
First establishment
Grote Lindestraat 43A, Hasselt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LUSEMA Hasselt | €43,274 | €31,683 | 68.0% | - |
| ALVI CONSULTING Genappe | €44,218 | €32,318 | 54.5% | - |
| CLEXIDRA Spa | €51,266 | €30,511 | 54.6% | - |
| Arte e Lege Hasselt | €56,128 | €34,496 | 53.6% | - |
| MJL Genk | €53,504 | €24,898 | 3.7% | - |
| De VaStgoedjurist Zonhoven | €40,325 | €21,620 | 67.7% | - |
| GULEX Bilzen-Hoeselt | €63,772 | €29,106 | 67.6% | - |
These companies have the same main activity as LUSEMA: other legal services (NACE 69109). They are comparable in size and age: total assets between €40,300 and €63,800, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 29-06-2023Normal situation
- Activity
- Other legal servicesNACE 69109and 4 others
- Establishment unit
- 2.347.359.5173500 Hasselt, since 29-06-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 05-03-2025
Annual accounts to 30-06-2025
- €31,683▲ 172%
- €20,209▲ 379%
- €29,429▲ 219%
- €43,274▲ 42.2%
- Filing
- Filed on 18-12-2025, 44 days before the end of the filing period
Insights on LUSEMA
LUSEMA has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,429 and a net result of €20,209.
Its solvency ranks better than 62% of 15,824 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 18-12-2025, 44 days before the deadline€31,683
▲ 172%
€31,207
▲ 187%
€20,209
▲ 379%
€29,307
▲ 187%
68.0%
▲ 37.7 percentage points
3.28
▲ 1.78
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €88,000. Estimated: probably between €56,000 and €110,000.
Balance sheet
balance sheet total €43,274 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
68.0%
Higher than 62% of 15,824 companies in 2025.
3.28
Higher than 65% of 15,596 companies in 2025.
46.7%
Higher than 82% of 15,713 companies in 2025.
LUSEMA
Middle half of the sector
80% of the sector
Micro accounts in legal and accounting (NACE 69)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
43,274 | 30,434 | |
21/28 |
1,122 | - | |
22/27 |
1,122 | - | |
24 |
1,122 | - | |
29/58 |
42,152 | 30,434 | |
40/41 |
19,039 | 21,027 | |
40 |
19,039 | 21,027 | |
54/58 |
23,113 | 9,407 | |
| Balance sheet: equity and liabilities | |||
10/49 |
43,274 | 30,434 | |
10/15 |
29,429 | 9,220 | |
10/11 |
5,000 | 5,000 | |
13 |
24,429 | 4,220 | |
133 |
24,429 | 4,220 | |
17/49 |
13,845 | 21,214 | |
42/48 |
12,845 | 20,214 | |
44 |
1,040 | 166 | |
440/4 |
1,040 | 166 | |
45 |
8,910 | 7,236 | |
450/3 |
8,910 | 7,236 | |
47/48 |
2,894 | 12,812 | |
492/3 |
1,000 | 1,000 | |
| Income statement | |||
9900 |
31,683 | 11,648 | |
630 |
75 | - | |
640/8 |
401 | 785 | |
9901 |
31,207 | 10,863 | |
75/76B |
51 | 3 | |
75 |
51 | 3 | |
65/66B |
4,360 | 3,963 | |
65 |
4,360 | 3,963 | |
9903 |
26,898 | 6,903 | |
67/77 |
6,688 | 2,683 | |
9904 |
20,209 | 4,220 | |
9905 |
20,209 | 4,220 | |
| Appropriation of the result | |||
9906 |
20,209 | 4,220 | |
691/2 |
20,209 | 4,220 | |
6921 |
20,209 | 4,220 | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 18-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 31,282 | - | ||
| 20,285 | - | ||
| 1,198 | - | ||
| 13,706 | - | ||
| 29,307 | 10,220 | ||
| 68.0% | 30.3% | ||
| 3.28 | 1.51 | ||
| 0.47 | 2.30 | ||
| 68.7% | 45.8% | ||
| 46.7% | 13.9% | ||
| 7.17 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 |
|---|---|---|
| Tangible fixed assets | €1,198 | - |
| €75 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on LUSEMA
The operating result for 2025 is 187% higher than in 2024.
Debt's share of the balance-sheet total falls from 69.7% to 32.0%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, no change since July 2023Director (not named in the articles)
appointed by deed of 31-07-2023
listed in the 2025 annual accounts, filed on 18-12-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 12. Bevoegdheden van het bestuursorgaan. Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”deed of 03-07-2023
Mandates through the years
2 names, the dashed line is todayWILMS, Michelle
Director (not named in the articles)
Director (not named in the articles)
#
Director
Director
BoardEarlierend not dated
Mandates as a list
- WILMS, Michelle
- Director (not named in the articles), appointed by deed of 31-07-2023, still in office
- #
- Director, appointed by deed of 03-07-2023, no longer listed in the 2025 annual accounts
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €294 in 2025
- Source
- deed of 03-07-2023
Articles of association
deed of 03-07-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 15 December at 18:00
Shareholders
At incorporation
deed of 03-07-2023 ↗
- Wilms, Michelle 100 shares (100%) · €5,000
Network & group
No group
LUSEMA has no parent and no holdings in its annual accounts. WILMS, Michelle is the only director. LUSEMA shares no director with another company.
At the same address
Grote Lindestraat 43A, 3500 Hasselt · 4 other companies| Sibova Insurance
registered office since 13-03-1991 · founded in 1989 · group ENTERHOLD S.A. |
9.3 FTE (2025) 0439.457.906 |
| AtlantaCo
establishment since 03-09-2015 · founded in 2015 · group ENTERHOLD S.A. · accounts filed late |
total assets €969,890 (2024) 0635.989.606 |
| MAXI ASSUR
registered office since 10-07-1990 · founded in 1989 · group ENTERHOLD S.A. |
total assets €184,699 (2025) 0439.847.290 |
| Genootschap van notarissen van de Provincie Limburg
registered office since 04-05-1999 |
founded in 1999 0267.398.019 |
Timeline
Timeline
7 events since 2023Board
Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-01-2027
2025
Annual accounts 2025 filed PDFmicro format · 44 days before the deadline
Liquidity more than doubled current ratio 3.28 The current ratio rises from 1.51 to 3.28. Short-term debt falls from €20,214 to €12,845.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0803349149
2024
Annual accounts 2024 filed PDFmicro format · 44 days before the deadline
2023
Appointment: WILMS, Michelle (director)1 point ▸
- Director appointment, WILMS, Michelle (director (not named in the articles))
- The deed holds 1 more point.
IncorporationFounding capital of €5,000, 100 shares · Founder: Wilms, Michelle · published on 03-07-20232 points ▸
- Founder, Wilms, Michelle
- Founding capital, €5,000, 100 shares
- The deed holds 3 more points.
First establishment Grote Lindestraat 43A, Hasselt
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
LUSEMA was incorporated on 29 June 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 WILMS, Michelle is director of the company, appointed by deed of 31-07-2023.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.4
Company details
Identity
- Enterprise number
- 0803.349.149
- VAT number
- BE 0803.349.149
- Peppol ID
- 0208:0803349149
- Other Peppol ID
- 9925:BE0803349149
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 29-06-2023
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 15 December at 18:00deed of 03-07-2023 (in Dutch)
- Peppol
- Reachable since 05-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- LUSEMA in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 03-07-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Grote Lindestraat 43A, bus 5.02, 3500 Hasselt”deed of 03-07-2023 (in Dutch)
Activities
NACEBEL 202569109
Other legal services main activity
Codes under NACEBEL 2008
69109
Other legal services main activity
63990
Computing infrastructure, data processing, hosting and other information service activities
66199
Activities auxiliary to financial services and insurance activities
70210
Activities of head offices; management consultancy activities
70220
Business consulting
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle mogelijke advies-en/of dienstenfuncties in het algemeen,alsook met betrekking tot operationeel-,project-,algemeen en financieel…”deed of 03-07-2023 (in Dutch)
17 activities
- Alle mogelijke advies-en/of dienstenfuncties in het algemeen,alsook met betrekking tot operationeel-,project-,algemeen en financieel management.
- Financieel en boekhoudkundige adviesverlening en bijstand.
- Activiteiten van marketingbureau.
- Het organiseren van evenementen.
- Consultancy,opleiding,technische expertise en bijstand in alle sectoren.
- Het verlenen van diensten en adviezen aan derden. Het optreden als consultant en diensten verlenen inzake commercieel,strategisch,financieel en administratief management,inzake technisch management en diverse technische,financiële of juridische aangelegenheden,inzake informatica en automatisering,inzake integrale kwaliteitszorg en divers zorg-,kwaliteits- en veiligheidssystemen,inzake productmanagement,design en vormgeving,inzake PR,publiciteit en marketing,inzake de administratieve organisatie en de implementatie van bedrijfsprocessen en -systemen.
- Ontwerpen en voeren van reclame- en promotiecampagnes voor derden via de verschillende media.
- Het geven van advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven,de vertegenwoordiging en het optreden als commercieel tussenpersoon.
- Het verrichten,in het algemeen,van alle roerende,onroerende,commerciële,industriële,financiële,handelingen die in rechtstreeks of onrechtstreeks verband staan met de rest van het maatschappelijk voorwerp,of die van aard zijn,zouden zijn of zouden kunnen zijn om de verwezenlijking van het voorwerp geheel of gedeeltelijk te vergemakkelijken en bevorderen.
- Het verrichten van alle vormen van handelsbemiddeling,het optreden als agent en als zelfstandig vertegenwoordiger in diverse sectoren en voor diverse producten en diensten. De aan- en verkoop evenals de in- en uitvoer van om het even welke goederen evenals het optreden als tussenpersoon bij voormelde verrichtingen.
- Het ontwikkelen,kopen,verkopen,beheren,in waarde stellen,in licentie nemen of geven van licenties,brevetten,octrooien,knowhow en andere intellectuele rechten.
- Het organiseren en/of geven van seminaries,opleidingen en presentaties. Het schrijven,verzorgen,begeleiden en uitgeven van literaire werken en bijdragen,handboeken van diverse bijdragen in diverse vormen.
- Het verkopen en aanbieden van haar goederen en diensten via fysieke winkels of via e-commerce (al dan niet via webshop).
- Het waarnemen van opdrachten als bestuurder of vereffenaar in andere vennootschappen. Het optreden als managementvennootschap,het beheren van vennootschappen,het optreden als holding,het verrichten van alle managementactiviteiten van holdings: het deelnemen,onder gelijk welke vorm,aan de oprichting,uitbreiding,omzetting,fusie,opslorping,het bestuur en controle van ondernemingen. Het nemen van belangen,hetzij door deelneming,inbreng of elke andere wijze in alle vennootschappen,ondernemingen of groeperingen,bestaande of op te richten,zowel in België als in het buitenland,die een aanvullend of soortgelijk voorwerp nastreven,of van die aard zijn de ontwikkeling van haar onderneming te bevorderen of de afzet van haar producten of diensten kunnen vergemakkelijken.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten (vruchtgebruik,recht van opstal,erfpacht,…),zoals de huurfinanciering van onroerend goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,het ontwerpen en opvolgen van projecten,en het maken van studies met betrekking tot immobiliën; de aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen; alsmede zich borg stellen voor het goede verloop van verbintenissen,door derde personen aangegaan,die het genot zouden hebben van voormelde roerende en onroerende goederen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop,het beheren van aandelen,aandelenopties,obligaties,kasbons,afgeleide producten of andere roerende waarden,van welke vorm ook,uitgegeven door Belgische of buitenlandse emittenten.
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,in eender welke vorm; het zich borg stellen of aval verlenen,in de meest ruime zin; alle handelsoperaties en financiële operaties verrichten,behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen. Het aangaan van leningen of schulden bij derden (met inbegrip van haar vennoten en haar zaakvoerders) en het maken van alle kosten en doen van alle investeringen die zij nodig of wenselijk acht. Het zich borg stellen en/of het verlenen van zakelijke en/of persoonlijke zekerheden tot waarborg van eigen verbintenissen of tot waarborg van verbintenissen van derden,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Grote Lindestraat 43A registered office 3500 Hasselt | 29-06-2023 | 2.347.359.517 |
Buildings and parcels at the address
- Ground area
- 5,073 m²
- Buildings
- 1,317 m²
- Volume, LiDAR
- 3,789 m³
- Tallest building
- 12.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71325F0531/00N002 | 5,073 m² | 1 · 1,317 m² | 12.0 m · 1 |