LUXANO
ActiveSummary
LUXANO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €131k and a net result of €29k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+51
Solvency58▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.98 against 1.47 in 2023; short-term debt: 7.8% and cash: 7.4% of total assets), but 67.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 15-07-2025, 16 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
26 d late
2022
29 d late
2021
24 d late
2020
17 d late
2019
97 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€131k▲ 14.9%
2023 · €114k
2018: €25k
2019: €52k
2020: €56k
2021: €118k
2022: €120k
2023: €114k
2018 → 2024
Total assets
€402k▼ 11.4%
2023 · €453k
2018: €50k
2019: €75k
2020: €77k
2021: €450k
2022: €439k
2023: €453k
2018 → 2024
Net result
€29k
2023 · €-6k
2018: €6k
2019: €28k
2020: €3k
2021: €63k
2022: €2k
2023: €-6k
2018 → 2024
Working capital
€62k▲ 51.2%
2023 · €41k
2018: €25k
2019: €52k
2020: €56k
2021: €104k
2022: €88k
2023: €41k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€56k-€118k▲ 112%€120k▲ 1.8%€114k▼ 5.1%€131k▲ 14.9%
Operating result€13k-€90k▲ 620%€78k▼ 13.8%€53k▼ 31.4%€43k▼ 20.3%
Net result€3k-€63k▲ 1,795%€2k▼ 96.7%€-6k€29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 20% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €402k
Fixed assets
€308k ▼ 5.2%
Current assets
€94k ▼ 26.9%
Equity and liabilities €402k
Equity
€131k ▲ 14.9%
Debt
€270k ▼ 20.3%
Debt's share of the balance-sheet total falls from 74.8% to 67.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€64k▼
2023 · €70k
Cash flow
€51k▲
2023 · €10k
Current ratio
2.98▲
2023 · 1.47
Debt to equity
2.06▼
2023 · 2.97
ROE
22.0%▲
2023 · -5.3%
ROA
7.2%▲
2023 · -1.3%
Interest coverage
15.58▲
2023 · 1.23
Debt ≤ 1 year
€31k▼
2023 · €87k
Debt > 1 year
€239k▼
2023 · €252k
Income taxes
€10k▲
2023 · €3k
Staff costs
€22k▲
2023 · €5k
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 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€453k€402k▼
Fixed assets21/28€325k€308k▼
Tangible fixed assets22/27€325k€308k▼
Land and buildings22€275k€271k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€28k€20k▼
Leasing and similar rights25€20k€16k▼
Current assets29/58€128k€94k▼
Amounts receivable within one year40/41€19k€51k▲
Trade receivables40€19k€45k▲
Other amounts receivable41-€5k
Current investments50/53€40k€13k▼
Cash at bank and in hand54/58€70k€30k▼
Equity and liabilities
Total equity and liabilities10/49€453k€402k▼
Equity10/15€114k€131k▲
Contributions10/11€19k€19k=
Reserves13€96k€113k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€94k€111k▲
Amounts payable17/49€339k€270k▼
Amounts payable after more than one year17€252k€239k▼
Financial debts170/4€252k€239k▼
Amounts payable within one year42/48€87k€31k▼
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Advances received on contracts in progress46€8k-
Taxes, remuneration and social security45€14k€10k▼
Taxes450/3€13k€10k▼
Remuneration and social security454/9€1k-
Other amounts payable47/48€51k€7k▼
Income statement
Code20232024
Remuneration, social security and pensions62€5k€22k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€22k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€77k€88k▲
Operating profit (loss)9901€53k€43k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€57k€4k▼
Recurring financial charges65€57k€4k▼
Profit (loss) for the period before taxes9903€-3k€38k▲
Income taxes67/77€3k€10k▲
Profit (loss) for the period9904€-6k€29k▲
Profit (loss) for the period to be appropriated9905€-6k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€29k▲
Transfer from equity791/2€6k€12k▲
Transfer to equity691/2-€29k
To other reserves6921-€29k
Profit to be distributed694/7-€12k
Return on contributions (dividend)694-€12k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.98
Current ratio from 1.47 to 2.98; short-term debt falls from €87k to €31k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €-6k ▼393%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Highest result since 2018net €63k ▲1795%
Operating result €90k, net result €63k, both a record.
31-12
Financial
Equity above €100kEq €118k ▲112%
4 profitable years in a row build equity to €118k.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Essen · 1 establishment unit since 2017
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.
Deckerslaan 232910 EssenGround area
612 m²
Building footprint
137 m²
Volume, LiDAR
742 m³
Parcel 11016B0005/00C003, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LUXANO
since 20172.264.577.836
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11016B0005/00C003 | Flanders | 612 m² | 1 · 136 m² | 7.9 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900M8RVVHKIIBEK66
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,945 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
Founded11-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.