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LUTEX

Active
Public limited companyfounded 198343 yrs activeDemerstraat 7, 3500 Hasselt, BelgiumKBO/BCE: BE 0423.398.070
Summary

LUTEX has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €899,862 and a net result of -€21,493. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 70% of 10645 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

What they do
Retail sale of household textiles and bedding
NACE 47512Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716NACE 52410
3 sites
How big
€1.6mtotal assets 2025
Staff
10.1 FTE
Equity
€899,862
Loss
-€21,493
Turnover not published (abridged schema)
Financially healthy?
66 Healthy Checked score 2025
Bankruptcy chance 12 m
0.6%
Who decides
Accounts 53 d early0 of 6 deeds read
Why 66- Multiple establishment units- Higher-failure-rate sector+ Long track record+ Lower-risk legal form+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability23▼-8
Solvency83▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 1.87 against 1.83 in 2024; short-term debt: 42.2% and cash: 47.4% of total assets), and 42.2% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 43 years 0 50 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
57.8%
Return on assets
-1.4%
Age of the figures
9 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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 d early
2024
59 d early
2023
43 d early
2022
45 d early
2021
45 d early
2020
25 d early
2019
31 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 43 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 16 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet -€21,493
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: Among the weakest 14% on net resultsector median €28,475 · 10,633 companies -€21,493 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Active since 1983founded 04-01-1983 43 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.6m
Loss
-€21,493
Solvency
57.8%
Total assets▼ 3.7%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 08-06-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 02-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
3
Legal form
Public limited company
Activity
Retail sale of household textiles and beddingNACE 47512
Founded
04-01-1983
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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