LUVANO
ActiveSummary
LUVANO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.03M and a net result of €41k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability41▼-5
Solvency92▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity short (current ratio 0.35 against 0.37 in 2023; short-term debt: 5.8% and cash: 0.1% of total assets), and 33.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
66.8%
Return on assets
1.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
58 d late
2022
30 d late
2021
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€2.03M▲ 2.1%
2023 · €1.98M
2021: €1.87M
2022: €1.93M
2023: €1.98M
2021 → 2024
Total assets
€3.03M▼ 0.3%
2023 · €3.04M
2021: €2.81M
2022: €3.36M
2023: €3.04M
2021 → 2024
Net result
€41k▼ 24.4%
2023 · €55k
2021: €44k
2022: €60k
2023: €55k
2021 → 2024
Working capital
€-115k▼ 20.5%
2023 · €-95k
2021: €52k
2022: €156k
2023: €-95k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€1.87M-€1.93M▲ 3.2%€1.98M▲ 2.8%€2.03M▲ 2.1%
Operating result€70k-€94k▲ 35.0%€109k▲ 16.1%€101k▼ 8.1%
Net result€44k-€60k▲ 34.9%€55k▼ 8.9%€41k▼ 24.4%
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 2024; 2024 is 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.03M
Fixed assets
€2.97M ▼ 0.5%
Current assets
€62k ▲ 10.3%
Equity and liabilities €3.03M
Equity
€2.03M ▲ 2.1%
Debt
€1.01M ▼ 4.8%
Debt's share of the balance-sheet total falls from 34.8% to 33.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€116k▼
2023 · €124k
Cash flow
€56k▼
2023 · €70k
Current ratio
0.35▼
2023 · 0.37
Debt to equity
0.50▼
2023 · 0.53
ROE
2.0%▼
2023 · 2.8%
ROA
1.4%▼
2023 · 1.8%
Interest coverage
2.46▼
2023 · 3.00
Debt ≤ 1 year
€177k▲
2023 · €151k
Debt > 1 year
€832k▼
2023 · €908k
Income taxes
€15k▲
2023 · €13k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.04M€3.03M▼
Fixed assets21/28€2.99M€2.97M▼
Tangible fixed assets22/27€2.99M€2.97M▼
Land and buildings22€2.99M€2.97M▼
Current assets29/58€56k€62k▲
Amounts receivable within one year40/41€52k€59k▲
Trade receivables40-€4k
Other amounts receivable41€52k€55k▲
Cash at bank and in hand54/58€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€3.04M€3.03M▼
Equity10/15€1.98M€2.03M▲
Contributions10/11€1.83M€1.83M=
Reserves13€159k€201k▲
Distributable reserves133€159k€201k▲
Amounts payable17/49€1.06M€1.01M▼
Amounts payable after more than one year17€908k€832k▼
Financial debts170/4€908k€832k▼
Amounts payable within one year42/48€151k€177k▲
Current portion of amounts payable after more than one year42€75k€79k▲
Trade debts44€14k€18k▲
Suppliers440/4€14k€18k▲
Advances received on contracts in progress46€5k€5k=
Taxes, remuneration and social security45€28k€29k▲
Taxes450/3€28k€29k▲
Other amounts payable47/48€30k€47k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k=
Other operating charges640/8€14k€15k▲
Gross operating margin9900€138k€130k▼
Operating profit (loss)9901€109k€101k▼
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B€42k€47k▲
Recurring financial charges65€42k€47k▲
Profit (loss) for the period before taxes9903€68k€57k▼
Income taxes67/77€13k€15k▲
Profit (loss) for the period9904€55k€41k▼
Profit (loss) for the period to be appropriated9905€55k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€41k▼
Transfer to equity691/2€55k€41k▼
To other reserves6921€55k€41k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €41k ▼24.4%
Net result drops to €41k, the lowest in the series.
31-12
Financial
Equity above €2MEq €2.03M ▲2.1%
4 profitable years in a row build equity to €2.03M.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2021net €60k ▲34.9%
Net result €60k, the highest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
Financial milestoneNBB 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
Directors
1 act for this company is 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, Kalmthout · 1 establishment unit since 2020
Ground area
538 m²
Building footprint
149 m²
Volume, LiDAR
875 m³
Parcel 11662E0510/00H000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LUVANO
since 20202.312.153.564
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662E0510/00H000 | Flanders | 538 m² | 1 · 149 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
BRAGIL
BE 0433.839.032
Frasnes-lez-Anvaing · Eq €2,025,294
RP-COUVIN
BE 1018.380.036
Gembloux · Eq €2,026,008
VAST & GOED
BE 0501.898.190
Kortenberg · Eq €2,023,950
DARO
BE 0429.820.757
Aartselaar · Eq €2,027,524
REANDA
BE 0429.631.410
Ravels · Eq €2,027,609
Of 12,020 companies in sector 68203 we hold annual accounts for 5,984. 3,617 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
Founded16-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.