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LUSH

Active
Public limited companyfounded 2004active for 22 yearsNieuwstraat 22, 1000 Brussel, BelgiumKBO/BCE: BE 0865.742.519
Summary

LUSH has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€98. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 70% of 4,921 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Retail sale of cosmetics and toilet articles
NACE 47750
6 sites
Size
€5.9mturnover 2025
Staff
49.3 FTE
Equity
€1.4m
Loss
-€98
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Parent
LUSH COSMETICS LIMITED
Accounts filed 89 days late0 of 22 deeds read
Why 69raises riskLatest accounts 90 days late; 3 of the last 3 lateSize: turnover €5.9m, 49.3 FTE, total assets €2.6mlowers riskFounded in 2004Equity €1.4m (56.0% of total assets)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 50% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Strong
Solvency 81=
equity 56.0% of total assets
Liquidity 44-5
short-term debt 31.5% · cash 6.2%
Profitability 58-31
return on assets 0.0%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,692 companies, NACE 47, small)
Last 24 months 11-2024: 0.8% 12-2024: 0.9%▲ +0.1 percentage points vs 11-2024 01-2025: 1.1%▲ +0.2 percentage points vs 12-2024 02-2025: 1.5%▲ +0.4 percentage points vs 01-2025 03-2025: 1.7%▲ +0.2 percentage points vs 02-2025 04-2025: 2.2%▲ +0.5 percentage points vs 03-2025 05-2025: 2.2%● unchanged vs 04-2025 06-2025: 2.9%▲ +0.7 percentage points vs 05-2025 07-2025: 5.0%▲ +2.1 percentage points vs 06-2025highest value 08-2025: 5.0%● unchanged vs 07-2025highest value 09-2025: 5.0%● unchanged vs 08-2025highest value 10-2025: 0.7%▼ -4.3 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.8%▲ +0.1 percentage points vs 12-2025 02-2026: 1.1%▲ +0.3 percentage points vs 01-2026 03-2026: 1.2%▲ +0.1 percentage points vs 02-2026 04-2026: 1.7%▲ +0.5 percentage points vs 03-2026 05-2026: 0.6%▼ -1.1 percentage points vs 04-2026lowest value 06-2026: 0.6%● unchanged vs 05-2026lowest value 07-2026: 0.6%● unchanged vs 06-2026lowest value 08-2026: 0.6%● unchanged vs 07-2026lowest value 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
Credit of up to €95,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.27, compared with 1.98 in 2024; short-term debt: 31.5% and cash: 6.2% of total assets), and 44% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, small): better than 77% on solvency, 52% on liquidity, 39% on profitability and 31% on growth.

The bankruptcy probability was computed on 10-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2004
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Latest accounts 90 days late; 3 of the last 3 late
NBB · filings
raises risk · Size: turnover €5.9m, 49.3 FTE, total assets €2.6m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €1.4m (56.0% of total assets)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-04-2026, 89 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
89 days late
2024
230 days late
2023
245 days late
2022
610 days late
2021
975 days late
2020
394 days late
2019
3 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 364 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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. The company usually files around 3 October (4 of the last 5 filed years within 365 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end11-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Caution: From profit to loss in 2025after €539,487 in 2024 -€98 View
  • Caution: Latest accounts filed lateafter the legal deadline 89 days View
  • Controlled by LUSH COSMETICS LIMITED parent View
  • Among the largest 9% on staffsector median 8 FTE · 4,039 companies 49.3 FTE View

By topic

Financials

Financial year
2025
Turnover
€5.9m
Loss
-€98
Solvency
56.0%
Turnover▼ 5.9%
Net result
20192025
Go to Financials

Timeline

Events
27
Since
2006
Next accounts
by 31-01-2027
  1. 02-10-2024Annual accounts filed
  2. 02-10-2024Annual accounts filed
  3. 07-08-2024General meeting · Demerger
Go to Timeline

Company details

Sites
6
Legal form
Public limited company
Activity
Retail sale of cosmetics and toilet articlesNACE 47750
Founded
10-06-2004
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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