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LUXAS

Active
Private limited companyfounded 201015 yrs activeHeidestraat 31, 1755 Pajottegem, BelgiumKBO/BCE: BE 0829.603.089

LUXAS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €263k and a net result of €120k. Equity is growing by ~61.3% per year across the filed fiscal years. Its solvency ranks better than 71% of 2152 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
81 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency84▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.42 against 3.05 in 2024; short-term debt: 40.9% and cash: 28.1% of total assets), and 40.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2025
Solvency, return and age of the figures
Solvency
59.1%
Return on assets
27%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filings
Deviation from the deadline
2025
25 d late
2024
26 d late
2023
30 d late
2022
28 d late
2021
31 d late
2020
29 d early
2019
31 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, abbreviated schema

Equity
€263k▲ 84.1%
2024 · €143k
2018: €21k 2019: €12k 2020: €18k 2021: €35k 2022: €65k 2023: €77k 2024: €143k
2018 → 2025
Total assets
€445k▲ 113%
2024 · €209k
2018: €93k 2019: €81k 2020: €86k 2021: €115k 2022: €238k 2023: €122k 2024: €209k
2018 → 2025
Net result
€120k▲ 81.3%
2024 · €66k
2018: €5k 2019: €-8k 2020: €5k 2021: €17k 2022: €30k 2023: €12k 2024: €66k
2018 → 2025
Working capital
€258k▲ 89.9%
2024 · €136k
2018: €36k 2019: €12k 2020: €27k 2021: €30k 2022: €54k 2023: €68k 2024: €136k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€35k-€65k▲ 84.4%€77k▲ 18.5%€143k▲ 86.4%€263k▲ 84.1%
Operating result€28k-€57k▲ 107%€39k▼ 31.6%€95k▲ 143%€167k▲ 75.2%
Net result€17k-€30k▲ 69.1%€12k▼ 59.7%€66k▲ 454%€120k▲ 81.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €28k€28kNet result 2021: €17k€17kOperating result 2022: €57k€57kNet result 2022: €30k€30kOperating result 2023: €39k€39kNet result 2023: €12k€12kOperating result 2024: €95k€95kNet result 2024: €66k€66kOperating result 2025: €167k€167kNet result 2025: €120k€120k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 75% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €445k
Fixed assets €4k▼ 34.8%
Current assets €440k▲ 118%
Equity and liabilities €445k
Equity €263k▲ 84.1%
Debt €182k▲ 175%
The debt ratio rises from 31.7% to 40.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€169k
2024 · €97k
Cash flow
€122k
2024 · €68k
Solvency
59.1%
2024 · 68.3%
Current ratio
2.42
2024 · 3.05
Quick ratio
2.42
2024 · 3.05
Debt / equity
0.69
2024 · 0.46
ROE
45.7%
2024 · 46.4%
ROA
27.0%
2024 · 31.7%
Interest coverage
52.51
2024 · 295.59
Debt
€182k
2024 · €66k
Debt ≤ 1 year
€182k
2024 · €66k
Income taxes
€48k
2024 · €29k
Staff costs
€190k
2024 · €253k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€209k€445k
Fixed assets21/28€7k€4k
Tangible fixed assets22/27€6k€4k
Plant, machinery and equipment23€774€400
Furniture and vehicles24€6k€4k
Financial fixed assets28€318€318=
Current assets29/58€202k€440k
Amounts receivable after more than one year29€50k€50k=
Trade receivables290-€0
Other amounts receivable291€50k€50k=
Amounts receivable within one year40/41€76k€257k
Trade receivables40€42k€42k=
Other amounts receivable41€34k€215k
Cash at bank and in hand54/58€73k€125k
Deferred charges and accrued income490/1€4k€9k
Equity and liabilities
Total equity and liabilities10/49€209k€445k
Equity10/15€143k€263k
Contributions10/11€19k€19k=
Reserves13€124k€244k
Distributable reserves133€124k€244k
Amounts payable17/49€66k€182k
Amounts payable within one year42/48€66k€182k
Current portion of amounts payable after more than one year42-€29k
Financial debts43-€7k
Credit institutions430/8-€7k
Trade debts44€22k€60k
Suppliers440/4€22k€60k
Taxes, remuneration and social security45€37k€87k
Taxes450/3€37k€57k
Remuneration and social security454/9-€30k
Other amounts payable47/48€7k€0
Income statement Code20242025
Remuneration, social security and pensions62€253k€190k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€19k€627
Gross operating margin9900€369k€359k
Operating profit (loss)9901€95k€167k
Financial income75/76B€1€5k
Recurring financial income75€1€5k
Financial charges65/66B€329€3k
Recurring financial charges65€329€3k
Profit (loss) for the period before taxes9903€95k€168k
Income taxes67/77€29k€48k
Profit (loss) for the period9904€66k€120k
Profit (loss) for the period to be appropriated9905€66k€120k
Appropriation of the result
Profit (loss) to be appropriated9906€66k€120k
Transfer to equity691/2€66k€120k
To other reserves6921€66k€120k
Social balance
Average headcount (FTE)90873.43.1

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
31-12
Financial Highest result since 2018net €120k ▲81.3%
Operating result €167k, net result €120k, both a record.
31-12
Financial Equity above €200kEq €263k ▲84.1%
6 profitable years in a row build equity to €263k.
26-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial Equity above €100kEq €143k ▲86.4%
5 profitable years in a row build equity to €143k.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
02-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €-8k ▼261%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
25-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
10-02-2022 Van Snick Emanuel: Resigned as Director
05-01-2015 Verborgt Vicky: Resigned as Manager
Location & real-estate footprint
Registered office, Pajottegem · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Heidestraat 311755 Pajottegem
Ground area
818 m²
Building footprint
166 m²
Volume, LiDAR
1,086 m³
Parcel 23040A0141/00E000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FINESSE EN CO
Heidestraat 31, 1755 PajottegemReal estate development
since 20102.193.225.824
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23040A0141/00E000 Flanders 818 m² 1 · 166 m² 9.8 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.

Structure & network

Connections & network

1 connected company
Network connections
ONOR
Shared address

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 240 EUR awarded · 240 EUR paid
Year Entries awardedpaid
2024 1 240 EUR240 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 240 EUR · 240 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 11,362 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-09-2010
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
46170Agents in the wholesale of food, beverages and tobacco
46341Wholesale of wines and spirits
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.