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LUVICUS

Open bankruptcy
Private limited companyfounded 2023Buisstraat (STG) 10, 9200 Dendermonde, BelgiumKBO/BCE: BE 0798.675.135

A bankruptcy procedure is open for LUVICUS according to publications in the Belgian State Gazette; curator: PETRA SEYMOENS.

Summary

The 2024 annual accounts show equity of €36,906 and a net result of -€17,208.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Dendermonde division
Declared bankrupt
3 November 2025
Supervising judge
Patrick Beeckmans
Official Gazette
07-11-2025 (pdf) ↗search the document for 2025/146038

Deadlines

Provisional date payments stopped
3 November 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 22 November 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 3 December 2025art. XX.104 and XX.155 CEL
First verification report
passed on 12 December 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
3 November 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Petra SeymoensEdingsesteenweg 268, 9400 Ninovepetra.seymoens@advo-seymoens.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 36380 sector peers (2024).
NBB · sector comparison
Position among 36380 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
on the day
2023
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
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

History

LUVICUS was incorporated on 21 February 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2 On 3 November 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024
  3. 3Belgian State Gazette, 07-11-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Turnover
€551,961▲ 20.8%
2023 · €456,787
EBIT margin
-2.4%▼ 9.4pp
2023 · 7.0%
Net result
-€17,208
2023 · €24,129
Working capital
€37,602▼ 43.8%
2023 · €66,877
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Turnover€456,787-€551,961▲ 20.8%
Operating result€31,747--€13,507
Net result€24,129within the sector's middle half--€17,208below the sector's middle half
EBIT margin7.0%--2.4%▼ 9.4pp
Equity€54,114within the sector's middle half-€36,906within the sector's middle half▼ 31.8%
Total assets€249,031within the sector's middle half-€226,142within the sector's middle half▼ 9.2%
Debt€194,917-€189,237▼ 2.9%
Working capital€66,877-€37,602▼ 43.8%
Solvency21.7%below the sector's middle half-16.3%below the sector's middle half▼ 5.4pp
Staff (FTE)0.9-2.7▲ 200%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2023: €31,747€31,747Net result 2023: €24,129€24,129Operating result 2024: -€13,507-€13,507Net result 2024: -€17,208-€17,20820232024-€20,000€0€20,000€40,000Operating result 2023: €31,747€31,700Net result 2023: €24,129€24,100Operating result 2024: -€13,507-€13,500Net result 2024: -€17,208-€17,20020232024
The operating result turns negative in 2024: a loss of €13,507 after €31,747 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €226,142
Fixed assets €42,530 ▼ 5.5%
Current assets €183,613 ▼ 9.9%
Equity and liabilities €226,142
Equity €36,906 ▼ 31.8%
Debt €189,237 ▼ 2.9%
Debt's share of the balance-sheet total rises from 78.3% to 83.7%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€3,977▼
2023 · €44,181
Cash flow
€276▼
2023 · €36,564
Current ratio
1.26▼
2023 · 1.49
Quick ratio
0.58▼
2023 · 1.02
Debt to equity
5.13▲
2023 · 3.60
ROE
-46.6%▼
2023 · 44.6%
ROA
-7.6%▼
2023 · 9.7%
Interest coverage
1.18▼
2023 · 41.73
Debt ≤ 1 year
€146,010▲
2023 · €136,826
Debt > 1 year
€43,227▼
2023 · €57,639
Income taxes
€339▼
2023 · €6,922
Staff costs
€145,458▲
2023 · €41,037
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet Code20232024
Assets
Total assets20/58€249,031€226,142▼
Formation expenses20€325-
Fixed assets21/28€45,004€42,530▼
Intangible fixed assets21€213€6,201▲
Tangible fixed assets22/27€44,791€36,329▼
Plant, machinery and equipment23€30,087€28,193▼
Furniture and vehicles24€13,227€7,006▼
Other tangible fixed assets26€1,477€1,130▼
Current assets29/58€203,702€183,613▼
Stocks and contracts in progress3€64,788€98,249▲
Stocks30/36€64,788€85,500▲
Contracts in progress37-€12,749
Amounts receivable within one year40/41€104,858€79,885▼
Trade receivables40€48,707€64,328▲
Other amounts receivable41€56,151€15,556▼
Cash at bank and in hand54/58€30,074-
Deferred charges and accrued income490/1€3,982€5,479▲
Equity and liabilities
Total equity and liabilities10/49€249,031€226,142▼
Equity10/15€54,114€36,906▼
Contributions10/11€29,985€29,985=
Reserves13€24,129€6,921▼
Distributable reserves133€24,129€6,921▼
Amounts payable17/49€194,917€189,237▼
Amounts payable after more than one year17€57,639€43,227▼
Financial debts170/4€57,639€43,227▼
Amounts payable within one year42/48€136,826€146,010▲
Current portion of amounts payable after more than one year42€2,361€14,413▲
Financial debts43-€22,494
Credit institutions430/8-€22,494
Trade debts44€127,541€63,385▼
Suppliers440/4€127,541€63,385▼
Taxes, remuneration and social security45€6,924€27,523▲
Taxes450/3€6,922€8,470▲
Remuneration and social security454/9€2€19,053▲
Other amounts payable47/48-€18,195
Accrued charges and deferred income492/3€452€0▼
Income statement Code20232024
Turnover70€456,787€551,961▲
Goods, raw materials, services and sundry goods60/61€372,637€401,610▲
Remuneration, social security and pensions62€41,037€145,458▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,435€17,484▲
Other operating charges640/8€2,009€916▼
Gross operating margin9900€87,226€150,351▲
Operating profit (loss)9901€31,747-€13,507▼
Financial income75/76B€364€0▼
Recurring financial income75€364€0▼
Financial charges65/66B€1,059€3,362▲
Recurring financial charges65€1,059€3,362▲
Profit (loss) for the period before taxes9903€31,052-€16,869▼
Income taxes67/77€6,922€339▼
Profit (loss) for the period9904€24,129-€17,208▼
Profit (loss) for the period to be appropriated9905€24,129-€17,208▼
Appropriation of the result
Profit (loss) to be appropriated9906€24,129-€17,208▼
Transfer from equity791/2-€17,208
Transfer to equity691/2€24,129-
To other reserves6921€24,129-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Turnover70€456,787€551,961▲ 20.8%
Goods, raw materials, services and sundry goods60/61€372,637€401,610▲ 7.8%
Remuneration, social security and pensions62€41,037€145,458▲ 254%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,435€17,484▲ 40.6%
Other operating charges640/8€2,009€916▼ 54.4%
Gross operating margin9900€87,226€150,351▲ 72.4%
Operating profit (loss)9901€31,747-€13,507▼ 143%
Financial income75/76B€364€0▼ 100.0%
Recurring financial income75€364€0▼ 100.0%
Financial charges65/66B€1,059€3,362▲ 218%
Recurring financial charges65€1,059€3,362▲ 218%
Profit (loss) for the period before taxes9903€31,052-€16,869▼ 154%
Income taxes67/77€6,922€339▼ 95.1%
Profit (loss) for the period9904€24,129-€17,208▼ 171%
Profit (loss) for the period to be appropriated9905€24,129-€17,208▼ 171%
Line20232024Change
Assets
Total assets20/58€249,031€226,142▼ 9.2%
Formation expenses20€325--
Fixed assets21/28€45,004€42,530▼ 5.5%
Intangible fixed assets21€213€6,201▲ 2,817%
Tangible fixed assets22/27€44,791€36,329▼ 18.9%
Plant, machinery and equipment23€30,087€28,193▼ 6.3%
Furniture and vehicles24€13,227€7,006▼ 47.0%
Other tangible fixed assets26€1,477€1,130▼ 23.4%
Current assets29/58€203,702€183,613▼ 9.9%
Stocks and contracts in progress3€64,788€98,249▲ 51.6%
Stocks30/36€64,788€85,500▲ 32.0%
Contracts in progress37-€12,749-
Amounts receivable within one year40/41€104,858€79,885▼ 23.8%
Trade receivables40€48,707€64,328▲ 32.1%
Other amounts receivable41€56,151€15,556▼ 72.3%
Cash at bank and in hand54/58€30,074--
Deferred charges and accrued income490/1€3,982€5,479▲ 37.6%
Equity and liabilities
Total equity and liabilities10/49€249,031€226,142▼ 9.2%
Equity10/15€54,114€36,906▼ 31.8%
Contributions10/11€29,985€29,985=
Reserves13€24,129€6,921▼ 71.3%
Distributable reserves133€24,129€6,921▼ 71.3%
Amounts payable17/49€194,917€189,237▼ 2.9%
Amounts payable after more than one year17€57,639€43,227▼ 25.0%
Financial debts170/4€57,639€43,227▼ 25.0%
Amounts payable within one year42/48€136,826€146,010▲ 6.7%
Current portion of amounts payable after more than one year42€2,361€14,413▲ 510%
Financial debts43-€22,494-
Credit institutions430/8-€22,494-
Trade debts44€127,541€63,385▼ 50.3%
Suppliers440/4€127,541€63,385▼ 50.3%
Taxes, remuneration and social security45€6,924€27,523▲ 297%
Taxes450/3€6,922€8,470▲ 22.4%
Remuneration and social security454/9€2€19,053▲ 1,035,401%
Other amounts payable47/48-€18,195-
Accrued charges and deferred income492/3€452€0▼ 100%
Line20232024Change
Profit (loss) for the period9904€24,129-€17,208▼ 171%
+ Depreciation and write-downs630€12,435€17,484▲ 40.6%
Operating cash flow (approximation)€36,564€276▼ 99.2%
Investment in fixed assets (approximation)--€15,010-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
07-11
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 03-11-2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
SignalNBB filing
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, Dendermonde · 1 establishment unit since 2023
seat establishment approximate The establishment unit on the map
Ground area
432 m²
Building footprint
142 m²
Volume, LiDAR
704 m³
2 parcels, Flanders · tallest building 10.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LUVICUS
Mechelsesteenweg 328, 9200 DendermondeReal estate development
since 20232.344.027.269
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42006E0171/00E000 Flanders 285 m² 1 · 71 m² 6.3 m · 1 fl.
42021B0050/00L006 Flanders 146 m² 1 · 71 m² 10.5 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator PETRA SEYMOENS
EDINGSESTEENWEG 268, 9400 NINOVE
03-11-2025 → present

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 605 EUR awarded · 1,160 EUR paid
Year Entries awardedpaid
2024 1 605 EUR1,160 EUR
Schemes
1 entry · 605 EUR · 1,160 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 8,244 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
41001General construction of residential buildings
41003General construction of other non-residential buildings
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
Contact
E-mail info@luvicus.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0798675135
Also 9925:BE0798675135
Registered 26-03-2025

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.