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LUSS

Active
Private limited companyfounded 200620 yrs activeValkenbosdreef 5, 8200 Brugge, BelgiumKBO/BCE: BE 0880.016.365
Summary

LUSS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €706,210 and a net result of -€11,203. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 74% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability67▼-5
Solvency100▲+27
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity short (current ratio 0.29 against 0.5 in 2024; short-term debt: 20.6% and cash: 2% of total assets), and 21.9% of the assets are financed with debt.
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Signals

Three 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
1 d early
2022
1 d early
2021
4 d early
2020
79 d early
2019
60 d early
← 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 21 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LUSS was incorporated on 16 March 2006.1 Total assets rose from EUR 459,499 in 2019 to EUR 903,888 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€706,210▲ 228%
2024 · €215,413
Total assets
€903,888▲ 102%
2024 · €447,621
Net result
-€11,203
2024 · €11,083
Working capital
-€131,330▼ 14.1%
2024 · -€115,084
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€13,155▲ 2,051%€10,927▼ 16.9%€14,376▲ 31.6%€15,165▲ 5.5%-€11,053
Net result€10,190within the sector's middle half▲ 4,751%€7,139within the sector's middle half▼ 29.9%€10,592within the sector's middle half▲ 48.4%€11,083within the sector's middle half▲ 4.6%-€11,203below the sector's middle half
Equity€186,599within the sector's middle half▲ 5.8%€193,738within the sector's middle half▲ 3.8%€204,330within the sector's middle half▲ 5.5%€215,413within the sector's middle half▲ 5.4%€706,210above the sector's middle half▲ 228%
Total assets€453,736within the sector's middle half▲ 2.9%€467,530within the sector's middle half▲ 3.0%€448,264within the sector's middle half▼ 4.1%€447,621within the sector's middle half▼ 0.1%€903,888above the sector's middle half▲ 102%
Debt€267,137▲ 1.1%€273,792▲ 2.5%€243,934▼ 10.9%€232,209▼ 4.8%€197,678▼ 14.9%
Working capital-€196,234below the sector's middle half▲ 12.2%-€171,017below the sector's middle half▲ 12.9%-€143,296below the sector's middle half▲ 16.2%-€115,084below the sector's middle half▲ 19.7%-€131,330below the sector's middle half▼ 14.1%
Solvency41.1%within the sector's middle half▲ 1.1pp41.4%within the sector's middle half▲ 0.3pp45.6%within the sector's middle half▲ 4.1pp48.1%within the sector's middle half▲ 2.5pp78.1%within the sector's middle half▲ 30.0pp
Current ratio0.27below the sector's middle half▲ 0.110.38below the sector's middle half▲ 0.110.41below the sector's middle half▲ 0.040.50below the sector's middle half▲ 0.090.29below the sector's middle half▼ 0.21
Return on assets (ROA)2.2%within the sector's middle half▲ 2.2pp1.5%within the sector's middle half▼ 0.7pp2.4%within the sector's middle half▲ 0.8pp2.5%within the sector's middle half▲ 0.1pp-1.2%below the sector's middle half▼ 3.7pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2021: €13,155€13,155Net result 2021: €10,190€10,190Operating result 2022: €10,927€10,927Net result 2022: €7,139€7,139Operating result 2023: €14,376€14,376Net result 2023: €10,592€10,592Operating result 2024: €15,165€15,165Net result 2024: €11,083€11,083Operating result 2025: -€11,053-€11,053Net result 2025: -€11,203-€11,20320212022202320242025-€20,000-€10,000€0€10,000€20,000Operating result 2023: €14,376€14,400Net result 2023: €10,592€10,600Operating result 2024: €15,165€15,200Net result 2024: €11,083€11,100Operating result 2025: -€11,053-€11,100Net result 2025: -€11,203-€11,200202320242025
The operating result turns negative in 2025: a loss of €11,053 after €15,165 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €903,888
Fixed assets €848,998 ▲ 157%
Current assets €54,890 ▼ 53.1%
Equity and liabilities €903,888
Equity €706,210 ▲ 228%
Debt €197,678 ▼ 14.9%
Debt's share of the balance-sheet total falls from 51.9% to 21.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€25,956▼
2024 · €32,293
Cash flow
€25,806▼
2024 · €28,211
Debt to equity
0.28▼
2024 · 1.08
ROE
-1.6%▼
2024 · 5.1%
Interest coverage
173.04▼
2024 · 375.11
Debt ≤ 1 year
€186,221▼
2024 · €232,209
Income taxes
€0▼
2024 · €3,996
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 8,611 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€447,621€903,888▲
Fixed assets21/28€330,497€848,998▲
Tangible fixed assets22/27€330,197€848,698▲
Land and buildings22€330,197€848,698▲
Financial fixed assets28€300€300=
Current assets29/58€117,124€54,890▼
Amounts receivable within one year40/41€1,779€23,655▲
Trade receivables40€812€17,650▲
Other amounts receivable41€967€6,004▲
Cash at bank and in hand54/58€91,340€17,895▼
Deferred charges and accrued income490/1€24,005€13,340▼
Equity and liabilities
Total equity and liabilities10/49€447,621€903,888▲
Equity10/15€215,413€706,210▲
Contributions10/11€12,400€514,400▲
Reserves13€203,013€191,810▼
Tax-exempt reserves132€187€187=
Distributable reserves133€202,826€191,623▼
Amounts payable17/49€232,209€197,678▼
Amounts payable within one year42/48€232,209€186,221▼
Trade debts44€15,658€24,149▲
Suppliers440/4€15,658€24,149▲
Taxes, remuneration and social security45€496€0▼
Taxes450/3€496€0▼
Other amounts payable47/48€216,055€162,071▼
Accrued charges and deferred income492/3-€11,458
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,129€37,009▲
Other operating charges640/8€9,973€11,584▲
Gross operating margin9900€42,266€37,539▼
Operating profit (loss)9901€15,165-€11,053▼
Financial charges65/66B€86€150▲
Recurring financial charges65€86€150▲
Profit (loss) for the period before taxes9903€15,078-€11,203▼
Income taxes67/77€3,996€0▼
Profit (loss) for the period9904€11,083-€11,203▼
Profit (loss) for the period to be appropriated9905€11,083-€11,203▼
Appropriation of the result
Profit (loss) to be appropriated9906€11,083-€11,203▼
Transfer from equity791/2-€11,203
Transfer to equity691/2€11,083€0▼
To other reserves6921€11,083€0▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,129€17,129€17,129€17,129€37,009▲ 116%
Other operating charges640/8-€8,860€9,700€9,973€11,584▲ 16.1%
Gross operating margin9900€39,000€36,916€41,205€42,266€37,539▼ 11.2%
Operating profit (loss)9901€13,155€10,927€14,376€15,165-€11,053▼ 173%
Financial income75/76B-€491€0---
Recurring financial income75-€491€0---
Financial charges65/66B-€151€0€86€150▲ 74.2%
Recurring financial charges65€1€151€0€86€150▲ 74.2%
Profit (loss) for the period before taxes9903€13,154€11,267€14,376€15,078-€11,203▼ 174%
Income taxes67/77€2,965€4,129€3,784€3,996€0▼ 100%
Profit (loss) for the period9904€10,190€7,139€10,592€11,083-€11,203▼ 201%
Profit (loss) for the period to be appropriated9905€10,190€7,139€10,592€11,083-€11,203▼ 201%
Line20212022202320242025Change
Assets
Total assets20/58€453,736€467,530€448,264€447,621€903,888▲ 102%
Fixed assets21/28€382,833€364,755€347,626€330,497€848,998▲ 157%
Tangible fixed assets22/27€381,583€364,455€347,326€330,197€848,698▲ 157%
Land and buildings22-€364,455€347,326€330,197€848,698▲ 157%
Financial fixed assets28€1,250€300€300€300€300=
Current assets29/58€70,903€102,775€100,638€117,124€54,890▼ 53.1%
Amounts receivable within one year40/41€11,484€19,381€0€1,779€23,655▲ 1,230%
Trade receivables40-€18,431€0€812€17,650▲ 2,074%
Other amounts receivable41-€950€0€967€6,004▲ 521%
Cash at bank and in hand54/58€42,571€63,895€82,998€91,340€17,895▼ 80.4%
Deferred charges and accrued income490/1-€19,500€17,640€24,005€13,340▼ 44.4%
Equity and liabilities
Total equity and liabilities10/49€453,736€467,530€448,264€447,621€903,888▲ 102%
Equity10/15€186,599€193,738€204,330€215,413€706,210▲ 228%
Contributions10/11-€12,400€12,400€12,400€514,400▲ 4,048%
Reserves13€174,199€181,338€191,930€203,013€191,810▼ 5.5%
Non-distributable reserves130/1-€0----
Reserves not available under the articles1311-€0----
Tax-exempt reserves132-€187€187€187€187=
Distributable reserves133-€181,151€191,743€202,826€191,623▼ 5.5%
Amounts payable17/49€267,137€273,792€243,934€232,209€197,678▼ 14.9%
Amounts payable within one year42/48€267,137€273,792€243,934€232,209€186,221▼ 19.8%
Trade debts44€17,473€21,694€14,952€15,658€24,149▲ 54.2%
Suppliers440/4-€21,694€14,952€15,658€24,149▲ 54.2%
Taxes, remuneration and social security45-€655€284€496€0▼ 100%
Taxes450/3-€655€284€496€0▼ 100%
Other amounts payable47/48-€251,443€228,698€216,055€162,071▼ 25.0%
Accrued charges and deferred income492/3----€11,458-
Line20212022202320242025Change
Profit (loss) for the period9904€10,190€7,139€10,592€11,083-€11,203▼ 201%
+ Depreciation and write-downs630€17,129€17,129€17,129€17,129€37,009▲ 116%
Operating cash flow (approximation)€27,318€24,268€27,721€28,211€25,806▼ 8.5%
Investment in fixed assets (approximation)-€950€0€0-€555,509-
Change in cash-€21,324€19,104€8,342-€73,445▼ 980%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Weakest financial yearnet -€11,203
Net result drops to -€11,203, the lowest in the series.
30-06
Financial Equity above €500,000Eq €706,210 ▲228%
Equity rises from €215,413 to €706,210.
30-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Highest result since 2019net €11,083 ▲4.6%
Operating result €15,165, net result €11,083, both a record.
30-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Equity above €200,000Eq €204,330 ▲5.5%
5 profitable years in a row build equity to €204,330.
30-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
13-11
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
02-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
14-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
27-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
12-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Brugge · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
5,959 m²
Building footprint
468 m²
Volume, LiDAR
2,456 m³
2 parcels, Flanders · tallest building 15.9 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
LUSS
Valkenbosdreef 5A, 8200 BruggeBusiness consulting
since 20092.175.908.156
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31362A0182/00M000 Flanders 3,009 m² 1 · 296 m² 15.9 m · 2 fl.
31362A0182/00C000 Flanders 2,950 m² 1 · 172 m² 9.8 m · 2 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.

Similar companies · same sector, comparable size

Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 31,508 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
Founded16-03-2006
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0880016365
Also 9925:BE0880016365
Registered 20-03-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.