LUTECH
ActiveLUTECH has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142k and a net result of €5k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 90% of 396 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-84
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 4.71 against 3.92 in 2024), and 12.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.2%
Return on assets
2.8%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
1 d early
2023
on the day
2022
3 d early
2021
31 d late
2020
3 d early
2019
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
06-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€142k▲ 2.7%
2024 · €139k
2019: €68k
2020: €130k
2021: €99k
2022: €94k
2023: €101k
2024: €139k
2019 → 2025
Total assets
€163k▼ 4.7%
2024 · €171k
2019: €119k
2020: €205k
2021: €159k
2022: €140k
2023: €163k
2024: €171k
2019 → 2025
Net result
€5k▼ 88.0%
2024 · €38k
2019: €26k
2020: €88k
2021: €-31k
2022: €-5k
2023: €28k
2024: €38k
2019 → 2025
Working capital
€76k▼ 20.6%
2024 · €95k
2019: €41k
2020: €110k
2021: €58k
2022: €10k
2023: €38k
2024: €95k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€94k▼ 5.0%€101k▲ 7.9%€139k▲ 36.9%€142k▲ 2.7%
Operating result€-30k-€-3k▲ 89.9%€32k€51k▲ 58.8%€16k▼ 69.7%
Net result€-31k-€-5k▲ 84.9%€28k€38k▲ 36.2%€5k▼ 88.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 70% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163k
Fixed assets
€67k▲ 55.2%
Current assets
€96k▼ 24.9%
Equity and liabilities €163k
Equity
€142k▲ 2.7%
Debt
€21k▼ 36.0%
The debt ratio falls from 19.0% to 12.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€39k▼
2024 · €75k
Cash flow
€28k▼
2024 · €62k
Solvency
87.2%▲
2024 · 81.0%
Current ratio
4.71▲
2024 · 3.92
Quick ratio
4.49▲
2024 · 3.74
Debt / equity
0.15▼
2024 · 0.24
ROE
3.2%▼
2024 · 27.6%
ROA
2.8%▼
2024 · 22.3%
Interest coverage
148.13▼
2024 · 180.13
Debt
€21k▼
2024 · €33k
Debt ≤ 1 year
€20k▼
2024 · €33k
Income taxes
€11k▼
2024 · €13k
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 · 2025 against 2024
Balance sheet
Code20242025
Total assets20/58€171k€163k▼
Fixed assets21/28€43k€67k▲
Intangible fixed assets21€28k€13k▼
Tangible fixed assets22/27€15k€54k▲
Financial fixed assets28€295€295=
Current assets29/58€128k€96k▼
Stocks & contracts in progress3€6k€4k▼
Amounts receivable within one year40/41€9k€31k▲
Cash & bank54/58€106k€59k▼
Total equity & liabilities10/49€171k€163k▼
Equity10/15€139k€142k▲
Contributions / capital10/11€19k€19k=
Reserves13€67k€72k▲
Accumulated profits (losses)14€53k€52k▼
Amounts payable17/49€33k€21k▼
Amounts payable within one year42/48€33k€20k▼
Trade debts payable within one year44€2k€218▼
Income statement
Code20242025
Gross operating margin9900€76k€43k▼
Operating result9901€51k€16k▼
Financial income75€33€4▼
Financial charges65€415€263▼
Result before taxes9903€51k€15k▼
Income taxes67/77€13k€11k▼
Net result for the period9904€38k€5k▼
Result to be appropriated9905€38k€5k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
22-01
State Gazette act
Director changes
v3.2
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 3.92
Current ratio from 1.60 to 3.92; short-term debt falls from €62k to €33k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €101k ▲7.9%
Equity rises from €94k to €101k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-31k ▼135%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €88k ▲236%
Operating result €69k, net result €88k, both a record.
31-12
Financial
Equity above €100kEq €130k ▲89.9%
2 profitable years in a row build equity to €130k.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
Unit 14
BE 0731.791.259
Antwerpen · Eq €145k
MASSANT CREATION
BE 0888.356.583
Nivelles · Eq €138k
KP WORKX
BE 0793.738.231
Geraardsbergen · Eq €147k
BUROFFICE CREATIONS
BE 0685.739.916
Duffel · Eq €134k
DS KEUKENS
BE 0676.380.208
Londerzeel · Eq €153k
Of 444 companies in sector 31001 we hold annual accounts for 202. 148 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-2008
Fiscal year end31-12
Activities, NACEBEL
31001Manufacture of furniture
31002Manufacture of furniture
31009Manufacture of furniture
31092Manufacture of furniture
71209Other technical testing and analysis
74104Other professional, scientific and technical activities
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 21-08-2026. Scores and ratios are computed by Checked and are not a credit decision.