LUWAERT
ActiveSummary
LUWAERT has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €246,222 and a net result of -€3,702. Equity is shrinking by ~3.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
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Signals
This company filed its last 7 accounts on average 14 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 2,507 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,507 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,952 | €22,952 | €18,118 | €13,284 | €13,284 | = |
| Other operating charges640/8 | - | €11,089 | €12,705 | €12,422 | €12,840 | ▲ 3.4% |
| Gross operating margin9900 | €22,239 | €21,998 | €22,975 | €22,000 | €22,422 | ▲ 1.9% |
| Operating profit (loss)9901 | -€11,727 | -€12,043 | -€7,848 | -€3,705 | -€3,702 | ▲ 0.1% |
| Financial income75/76B | - | €0 | - | - | - | - |
| Recurring financial income75 | €3 | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€11,724 | -€12,043 | -€7,848 | -€3,705 | -€3,702 | ▲ 0.1% |
| Profit (loss) for the period9904 | -€11,724 | -€12,043 | -€7,848 | -€3,705 | -€3,702 | ▲ 0.1% |
| Profit (loss) for the period to be appropriated9905 | -€11,724 | -€12,043 | -€7,848 | -€3,705 | -€3,702 | ▲ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €866,520 | €852,634 | €844,796 | €841,100 | €837,398 | ▼ 0.4% |
| Fixed assets21/28 | €820,471 | €797,519 | €779,402 | €766,118 | €752,834 | ▼ 1.7% |
| Tangible fixed assets22/27 | €820,471 | €797,519 | €779,402 | €766,118 | €752,834 | ▼ 1.7% |
| Land and buildings22 | - | €797,519 | €779,402 | €766,118 | €752,834 | ▼ 1.7% |
| Current assets29/58 | €46,049 | €55,115 | €65,394 | €74,982 | €84,563 | ▲ 12.8% |
| Cash at bank and in hand54/58 | €45,820 | €54,874 | €65,131 | €74,702 | €84,563 | ▲ 13.2% |
| Deferred charges and accrued income490/1 | - | €241 | €264 | €280 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €866,520 | €852,634 | €844,796 | €841,100 | €837,398 | ▼ 0.4% |
| Equity10/15 | €273,519 | €261,476 | €253,629 | €249,924 | €246,222 | ▼ 1.5% |
| Contributions10/11 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Capital10 | - | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Issued capital100 | - | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Profit (loss) carried forward14 | -€226,481 | -€238,524 | -€246,371 | -€250,076 | -€253,778 | ▼ 1.5% |
| Amounts payable17/49 | €593,001 | €591,158 | €591,167 | €591,176 | €591,176 | = |
| Amounts payable after more than one year17 | €585,000 | €585,000 | €585,000 | €585,000 | €585,000 | = |
| Financial debts170/4 | - | €585,000 | €585,000 | €585,000 | €585,000 | = |
| Amounts payable within one year42/48 | €8,001 | €6,158 | €6,167 | €6,176 | €6,176 | = |
| Trade debts44 | €259 | €261 | €270 | €279 | €424 | ▲ 51.7% |
| Suppliers440/4 | - | €261 | €270 | €279 | €424 | ▲ 51.7% |
| Other amounts payable47/48 | - | €5,897 | €5,897 | €5,897 | €5,753 | ▼ 2.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,724 | -€12,043 | -€7,848 | -€3,705 | -€3,702 | ▲ 0.1% |
| + Depreciation and write-downs630 | €22,952 | €22,952 | €18,118 | €13,284 | €13,284 | = |
| Operating cash flow (approximation) | €11,227 | €10,909 | €10,270 | €9,578 | €9,582 | = |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €9,054 | €10,257 | €9,571 | €9,862 | ▲ 3.0% |
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
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42303F0040/00E004 | Flanders | 6,173 m² | 1 · 3,498 m² | 12.8 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.