LUTI IT
ActiveSummary
LUTI IT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-29
Solvency43▼-14
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.88 in 2024; short-term debt: 81.9% and cash: 54.3% of total assets), and 81.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.1%
Return on assets
-6.1%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 17043 sector peers (2025).
NBB · sector comparisonPosition among 17043 sector peers
Solvency
better than 20%
← weakest
strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
31 d early
2023
29 d late
2022
91 d late
2021
969 d late
2020
1371 d late
2019
22 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▼ 25.2%
2024 · €13k
2018: €56k
2019: €18k
2020: €15k
2021: €656
2022: €-4k
2023: €6k
2024: €13k
2018 → 2025
Total assets
€54k▲ 33.2%
2024 · €41k
2018: €65k
2019: €27k
2020: €17k
2021: €5k
2022: €9k
2023: €37k
2024: €41k
2018 → 2025
Net result
€-3k
2024 · €7k
2018: €49k
2019: €-38k
2020: €-2k
2021: €-15k
2022: €-5k
2023: €11k
2024: €7k
2018 → 2025
Working capital
€-5k▼ 62.5%
2024 · €-3k
2018: €39k
2019: €7k
2020: €12k
2021: €133
2022: €-7k
2023: €3k
2024: €-3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€656-€-4k€6k€13k▲ 111%€10k▼ 25.2%
Operating result€-15k-€-5k▲ 67.7%€11k€9k▼ 16.1%€-3k
Net result€-15k-€-5k▲ 66.6%€11k€7k▼ 34.2%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€15k ▼ 7.5%
Current assets
€39k ▲ 60.7%
Equity and liabilities €54k
Equity
€10k ▼ 25.2%
Debt
€44k ▲ 60.9%
Debt's share of the balance-sheet total rises from 67.8% to 81.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k▼
2024 · €13k
Cash flow
€3k▼
2024 · €11k
Current ratio
0.88▼
2024 · 0.88
Debt to equity
4.53▲
2024 · 2.10
ROE
-33.7%▼
2024 · 52.6%
ROA
-6.1%▼
2024 · 17.0%
Interest coverage
19.21▼
2024 · 50.57
Debt ≤ 1 year
€44k▲
2024 · €28k
Income taxes
€75▼
2024 · €2k
Staff costs
€10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€41k€54k▲
Fixed assets21/28€16k€15k▼
Tangible fixed assets22/27€16k€15k▼
Land and buildings22-€3k
Furniture and vehicles24€10k€6k▼
Other tangible fixed assets26€7k€6k▼
Current assets29/58€24k€39k▲
Amounts receivable within one year40/41€20k€9k▼
Trade receivables40€18k€8k▼
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€3k€29k▲
Deferred charges and accrued income490/1€1k€508▼
Equity and liabilities
Total equity and liabilities10/49€41k€54k▲
Equity10/15€13k€10k▼
Contributions10/11€33k€33k=
Reserves13€23k€23k=
Distributable reserves133€23k€23k=
Profit (loss) carried forward14€-43k€-46k▼
Amounts payable17/49€28k€44k▲
Amounts payable within one year42/48€28k€44k▲
Trade debts44€1k€8k▲
Suppliers440/4€1k€8k▲
Taxes, remuneration and social security45€1k€17k▲
Taxes450/3€1k€75▼
Remuneration and social security454/9-€17k
Other amounts payable47/48€25k€19k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€6k€5k▼
Gross operating margin9900€19k€18k▼
Operating profit (loss)9901€9k€-3k▼
Financial income75/76B€4€3▼
Recurring financial income75€4€3▼
Financial charges65/66B€261€143▼
Recurring financial charges65€261€143▼
Profit (loss) for the period before taxes9903€9k€-3k▼
Income taxes67/77€2k€75▼
Profit (loss) for the period9904€7k€-3k▼
Profit (loss) for the period to be appropriated9905€7k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-43k€-46k▼
Profit (loss) brought forward from the previous period14P€-50k€-43k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
02-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1371 days late
26-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 969 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after 4 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.10
Current ratio from 0.50 to 1.10.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2020
31-12
Financial
Liquidity times 6current ratio 11.24
Current ratio from 1.75 to 11.24; short-term debt falls from €9k to €1k.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-38k ▼178%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brussel · 1 establishment unit since 2010
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.
Grasmarkt 1051000 BrusselGround area
3,238 m²
Building footprint
3,059 m²
Volume, LiDAR
41,330 m³
2 parcels, Brussels · tallest building 20.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
LUTI IT
since 20102.189.944.551
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A1111/00B000 ProtectedArchitectural ensemble · MonumentDe Borse - uitbreiding van de bescherming met bepaalde delenSource ↗ |
Brussels | 3,019 m² | 1 · 2,983 m² | 20.1 m · 6 fl. |
| 21003A0320/00S002 | Brussels | 219 m² | 1 · 77 m² | 13.0 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
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RUSHR
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FSC DIGITAL SERVICE
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J.KOWA
BE 0754.495.890
Roeselare · Eq €9,748
Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 4,386 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.