LuTe Management
ActiveLuTe Management has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €142k and a net result of €33k. Equity is growing by ~25.2% per year across the filed fiscal years. Its solvency ranks better than 82% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+2
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 6.62 against 7.25 in 2023; short-term debt: 15.1% and cash: 91.1% of total assets), and 15.1% 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+raises 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 25-07-2025, 6 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
13 d late
2022
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€142k▲ 29.9%
2023 · €109k
2022: €87k
2023: €109k
2022 → 2024
Total assets
€167k▲ 32.0%
2023 · €126k
2022: €112k
2023: €126k
2022 → 2024
Net result
€33k▲ 45.9%
2023 · €22k
2022: €80k
2023: €22k
2022 → 2024
Working capital
€142k▲ 30.3%
2023 · €109k
2022: €86k
2023: €109k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€87k-€109k▲ 25.8%€142k▲ 29.9%
Operating result€100k-€33k▼ 67.5%€43k▲ 33.5%
Net result€80k-€22k▼ 71.9%€33k▲ 45.9%
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 33% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €167k
Fixed assets
€60▼ 81.8%
Current assets
€167k▲ 32.3%
Equity and liabilities €167k
Equity
€142k▲ 29.9%
Debt
€25k▲ 45.0%
The debt ratio rises from 13.8% to 15.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€44k▲
2023 · €33k
Cash flow
€33k▲
2023 · €23k
Solvency
84.9%▼
2023 · 86.2%
Current ratio
6.62▼
2023 · 7.25
Quick ratio
6.62▼
2023 · 7.25
Debt / equity
0.18▲
2023 · 0.16
ROE
23.0%▲
2023 · 20.5%
ROA
19.6%▲
2023 · 17.7%
Interest coverage
23.27▲
2023 · 12.56
Debt
€25k▲
2023 · €17k
Debt ≤ 1 year
€25k▲
2023 · €17k
Income taxes
€9k▲
2023 · €8k
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€126k€167k▲
Fixed assets21/28€329€60▼
Tangible fixed assets22/27€329€60▼
Plant, machinery and equipment23€329€60▼
Current assets29/58€126k€167k▲
Amounts receivable within one year40/41€12k€15k▲
Trade receivables40€10k€10k=
Other amounts receivable41€2k€5k▲
Cash at bank and in hand54/58€114k€152k▲
Equity and liabilities
Total equity and liabilities10/49€126k€167k▲
Equity10/15€109k€142k▲
Contributions10/11€7k€7k=
Profit (loss) carried forward14€102k€135k▲
Amounts payable17/49€17k€25k▲
Amounts payable within one year42/48€17k€25k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€15k€23k▲
Taxes450/3€13k€21k▲
Remuneration and social security454/9€2k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€270€270=
Other operating charges640/8-€968
Gross operating margin9900€33k€45k▲
Operating profit (loss)9901€33k€43k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€30k€42k▲
Income taxes67/77€8k€9k▲
Profit (loss) for the period9904€22k€33k▲
Profit (loss) for the period to be appropriated9905€22k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€102k€135k▲
Profit (loss) brought forward from the previous period14P€80k€102k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-12
Financial
Weakest financial yearnet €22k ▼71.9%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €109k ▲25.8%
2 profitable years in a row build equity to €109k.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 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, Etterbeek · 1 establishment unit since 2021
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.
Sint-Michielslaan 1071040 EtterbeekGround area
839 m²
Building footprint
285 m²
Volume, LiDAR
4,733 m³
2 parcels, Brussels · tallest building 23.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
LuTe Management
since 20212.319.249.808
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0262/00C037 | Brussels | 504 m² | 1 · 168 m² | 23.8 m · 6 fl. |
| 21362B0296/00Y000 | Brussels | 335 m² | 1 · 117 m² | 21.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
IMMEK
BE 0442.215.971
Sint-Agatha-Berchem · Eq €142k
JRV Management
BE 0805.730.203
Rotselaar · Eq €142k
Himalaya Projects
BE 0832.029.970
Grimbergen · Eq €142k
Rubezal
BE 1007.369.744
Kortrijk · Eq €142k
Age 233
BE 0715.967.193
Mont-Saint-Guibert · Eq €142k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 40,880 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-07-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.