LUVITRA
ActiveSummary
The computed 12-month bankruptcy probability of LUVITRA is 3.3% (moderate). The 2024 annual accounts show equity of €58k and a net result of €18k. Equity is growing by ~46.2% per year across the filed fiscal years. Its solvency ranks better than 42% of 6720 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability80▼-5
Solvency55▲+3
Growth78=
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.26 against 1.18 in 2023; short-term debt: 62.3% and cash: 0.2% of total assets), and 69.7% 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.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 2024Solvency, return and age of the figures
Solvency
30.3%
Return on assets
9.3%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
91 d late
2023
65 d late
2022
68 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€58k▲ 44.0%
2023 · €40k
Total assets
€192k▲ 29.0%
2023 · €149k
Net result
€18k▼ 9.4%
2023 · €20k
Working capital
€31k▲ 134%
2023 · €13k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result€24k-€24k▼ 1.1%€30k▲ 25.5%
Net result€16k-€20k▲ 24.0%€18k▼ 9.4%
Equity€21k-€40k▲ 94.2%€58k▲ 44.0%
Total assets€122k-€149k▲ 21.4%€192k▲ 29.0%
Debt€102k-€108k▲ 6.5%€134k▲ 23.5%
Working capital€-7k-€13k€31k▲ 134%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 25% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €192k
Fixed assets
€41k ▼ 31.5%
Current assets
€150k ▲ 70.4%
Equity and liabilities €192k
Equity
€58k ▲ 44.0%
Debt
€134k ▲ 23.5%
Debt's share of the balance-sheet total falls from 72.8% to 69.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€52k▲
2023 · €45k
Cash flow
€40k▼
2023 · €41k
Current ratio
1.26▲
2023 · 1.18
Debt to equity
2.30▼
2023 · 2.68
ROE
30.5%▼
2023 · 48.5%
ROA
9.3%▼
2023 · 13.2%
Interest coverage
9.17▲
2023 · 7.83
Debt ≤ 1 year
€120k▲
2023 · €75k
Debt > 1 year
€14k▼
2023 · €33k
Income taxes
€10k▲
2023 · €872
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34k | €21k | €22k | ▲ 1.8% |
| Other operating charges640/8 | €35k | €22k | €26k | ▲ 20.4% |
| Gross operating margin9900 | €93k | €67k | €78k | ▲ 16.3% |
| Operating profit (loss)9901 | €24k | €24k | €30k | ▲ 25.5% |
| Financial income75/76B | €1 | €2k | €4k | ▲ 62.1% |
| Recurring financial income75 | €1 | €2k | €4k | ▲ 62.1% |
| Financial charges65/66B | €1k | €6k | €6k | ▼ 2.5% |
| Recurring financial charges65 | €1k | €6k | €6k | ▼ 2.5% |
| Profit (loss) for the period before taxes9903 | €23k | €20k | €28k | ▲ 37.7% |
| Income taxes67/77 | €7k | €872 | €10k | ▲ 1,096% |
| Profit (loss) for the period9904 | €16k | €20k | €18k | ▼ 9.4% |
| Profit (loss) for the period to be appropriated9905 | €16k | €20k | €18k | ▼ 9.4% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €122k | €149k | €192k | ▲ 29.0% |
| Fixed assets21/28 | €82k | €60k | €41k | ▼ 31.5% |
| Tangible fixed assets22/27 | €73k | €51k | €32k | ▼ 37.1% |
| Plant, machinery and equipment23 | - | - | €2k | - |
| Leasing and similar rights25 | €73k | €51k | €30k | ▼ 41.7% |
| Financial fixed assets28 | €9k | €9k | €9k | = |
| Current assets29/58 | €41k | €88k | €150k | ▲ 70.4% |
| Amounts receivable within one year40/41 | €34k | €76k | €150k | ▲ 96.9% |
| Trade receivables40 | €34k | €29k | €68k | ▲ 133% |
| Other amounts receivable41 | - | €47k | €82k | ▲ 74.6% |
| Cash at bank and in hand54/58 | €6k | €11k | €454 | ▼ 96.0% |
| Deferred charges and accrued income490/1 | €144 | €714 | €7 | ▼ 99.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €122k | €149k | €192k | ▲ 29.0% |
| Equity10/15 | €21k | €40k | €58k | ▲ 44.0% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €16k | €35k | €53k | ▲ 50.2% |
| Amounts payable17/49 | €102k | €108k | €134k | ▲ 23.5% |
| Amounts payable after more than one year17 | €54k | €33k | €14k | ▼ 57.5% |
| Financial debts170/4 | €54k | €33k | €14k | ▼ 57.5% |
| Amounts payable within one year42/48 | €48k | €75k | €120k | ▲ 59.2% |
| Current portion of amounts payable after more than one year42 | €20k | €21k | €19k | ▼ 7.2% |
| Trade debts44 | €13k | €24k | €36k | ▲ 49.4% |
| Suppliers440/4 | €13k | €24k | €36k | ▲ 49.4% |
| Advances received on contracts in progress46 | - | - | €43k | - |
| Taxes, remuneration and social security45 | €15k | €31k | €22k | ▼ 29.0% |
| Taxes450/3 | €15k | €31k | €22k | ▼ 29.0% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €20k | €18k | ▼ 9.4% |
| + Depreciation and write-downs630 | €34k | €21k | €22k | ▲ 1.8% |
| Operating cash flow (approximation) | €50k | €41k | €40k | ▼ 3.5% |
| Investment in fixed assets (approximation) | - | €0 | €-3k | - |
| Change in cash | - | €5k | €-11k | ▼ 321% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
31-12
Financial
Highest result since 2022net €20k ▲24%
Net result €20k, the highest in the series.
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 68 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.
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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, Wingene · 1 establishment unit since 2021
Ground area
1,497 m²
Building footprint
260 m²
Volume, LiDAR
1,016 m³
Parcel 37018E0995/00F000, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LUVITRA
since 20212.316.970.209
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018E0995/00F000 | Flanders | 1,497 m² | 1 · 260 m² | 9.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWingene2.316.970.209
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Of 12,585 companies in sector 49410 we hold annual accounts for 8,198. 6,096 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
Founded10-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Contact
E-mail
info.luvitra@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.