LUTEC Europe
ActiveSummary
LUTEC Europe has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of -€504,198. Equity grew by about 2.8% per year on average since 2018. In 2025 it fell by 14.6%. Its solvency ranks better than 60% of 6,182 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Official details
Source: KBO- Status
- Active since 08-12-2017 Normal situation
- Activity
- Wholesale trade NACE 46474
- Joint committee
- 200 Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.270.650.630 2160 Wommelgem, since 08-12-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Board and ownership
- BV Blue Ocean ConsultingManaging director · permanent representative Stephane De Weerdt
- Chen TiaofengDirector
- Yi FangDirector
- Auditor
- BV MOORE AUDIT
- Holdings
- Shares in 1 company Lutec UK Ltd
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Turnover
- €8.6m
- ▼ 16.2%
- Loss
- €504,198
- Equity
- €2.9m
- ▼ 14.6%
- Total assets
- €5.4m
- ▼ 11.9%
- Employees on 31-12-2025
- 6
- =
Score breakdownraises riskLoss of €504,198 (financial year 2025)Liquidity: current ratio 1.89, cash €257,701lowers riskSize: turnover €8.6m, 4.9 FTE, total assets €5.4mFigures for financial year 2025 (filed on 22-06-2026)Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 61% of them on solvency, 31% on liquidity, 14% on profitability and 24% on growth.
The bankruptcy probability was computed on 04-11-2026 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 31-12-2025.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 31 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed 3 directors reappointedReappointments: BV Blue Ocean Consulting, Chen Tiaofeng and 2 others · Permanent representatives: Liesbet Vandenabeele and Stephane De Weerdt · Director discharge: bestuursorgaan
- · Gazette deed 1 director appointed, 1 director resigningResignation: Serendipia BV (director) · Appointment: Blue Ocean Consulting BV (director) · Permanent representative: De Weerdt Stephane
- · Gazette deed Appointment: Moore Audit BV (statutory auditor)
Comparable companies
These companies have the same main activity as LUTEC Europe: wholesale trade (NACE 46474). They are comparable in size and age: total assets between €2.5m and €17m, founded between 2004 and 2021.
| Company | Total assets | Turnover |
|---|---|---|
| LUTEC Europe Wommelgem | €5.4m | €8.6m |
| Licht en Elektro Bossuyt Kuurne | €3.1m | - |
| ACE LIVING Antwerp | €2.5m | - |
| LEDsGO Wevelgem | €17.1m | €3.9m |
| ID TO LIGHT Stavelot | €4.4m | - |
| CCS Europe NV/SA Sint-Pieters-Leeuw | €4.1m | €8.0m |
| SAPI Aalter | €10.3m | - |
Key facts about LUTEC Europe
- What is the company number of LUTEC Europe?
- The company number of LUTEC Europe is 0685.754.069. The VAT number is the same number with BE in front: BE 0685.754.069.
- Where is LUTEC Europe based?
- The registered office is at Herentalsebaan 425, 2160 Wommelgem.Company details
- What does LUTEC Europe do?
- According to the KBO register, the main activity is wholesale trade (NACE 46474).
- What is the legal form of LUTEC Europe?
- LUTEC Europe is a public limited company (NV).
- When was LUTEC Europe founded?
- LUTEC Europe was founded on 08-12-2017.
- Is LUTEC Europe still active?
- Yes, LUTEC Europe is an active enterprise in the KBO register.
- How many employees does LUTEC Europe have?
- LUTEC Europe had an average of 4.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LUTEC Europe fall under?
- In its 2025 annual accounts, LUTEC Europe states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of LUTEC Europe?
- The turnover of LUTEC Europe was €8.6m in financial year 2025, according to the filed annual accounts.
- Is LUTEC Europe profitable?
- In financial year 2025, LUTEC Europe made a loss of €504,198.
- Where can I find the annual accounts of LUTEC Europe?
- LUTEC Europe filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LUTEC Europe due?
- LUTEC Europe must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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