LUXE SAT
ActiveThe computed 12-month bankruptcy probability of LUXE SAT is 1.7% (moderate). The 2025 annual accounts show equity of €3k and a net result of €-13k. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 30% of 17987 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency21▼-57
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.11 against 1.68 in 2024), and 89.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
10.3%
Return on assets
-43.4%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€13k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
2 d early
2023
29 d late
2022
4 d early
2021
6 d early
2020
2 d early
2019
45 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 monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 80.9%
2024 · €16k
2018: €10k
2019: €13k
2020: €20k
2021: €19k
2022: €23k
2023: €16k
2024: €16k
2018 → 2025
Total assets
€29k▼ 24.4%
2024 · €38k
2018: €12k
2019: €17k
2020: €22k
2021: €20k
2022: €28k
2023: €32k
2024: €38k
2018 → 2025
Net result
€-13k▼ 8,305%
2024 · €-149
2018: €4k
2019: €4k
2020: €7k
2021: €-932
2022: €3k
2023: €-7k
2024: €-149
2018 → 2025
Working capital
€3k▼ 81.1%
2024 · €15k
2018: €9k
2019: €11k
2020: €19k
2021: €19k
2022: €22k
2023: €16k
2024: €15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€23k▲ 16.5%€16k▼ 31.0%€16k▼ 1.0%€3k▼ 80.9%
Operating result€-855-€3k€-7k€-23▲ 99.7%€-12k▼ 52,529%
Net result€-932-€3k€-7k€-149▲ 97.9%€-13k▼ 8,305%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €23 in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29k
Fixed assets
€50=
Current assets
€29k▼ 24.4%
Equity and liabilities €29k
Equity
€3k▼ 80.9%
Debt
€26k▲ 14.3%
The debt ratio rises from 59.4% to 89.7%: debt grows while equity shrinks.
Key figures and ratios
Solvency
10.3%▼
2024 · 40.6%
Current ratio
1.11▼
2024 · 1.68
Quick ratio
0.15▼
2024 · 0.36
Debt / equity
8.73▲
2024 · 1.46
ROE
-422.9%▼
2024 · -1.0%
ROA
-43.4%▼
2024 · -0.4%
Debt
€26k▲
2024 · €23k
Debt ≤ 1 year
€26k▲
2024 · €23k
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€38k€29k▼
Fixed assets21/28€50€50=
Financial fixed assets28€50€50=
Current assets29/58€38k€29k▼
Stocks and contracts in progress3€30k€25k▼
Stocks30/36€30k€25k▼
Amounts receivable within one year40/41€3k-
Trade receivables40€2k-
Other amounts receivable41€1k-
Cash at bank and in hand54/58€4k€4k▼
Deferred charges and accrued income490/1€662-
Equity and liabilities
Total equity and liabilities10/49€38k€29k▼
Equity10/15€16k€3k▼
Contributions10/11€19k€19k=
Reserves13€500€500=
Non-distributable reserves130/1€500€500=
Reserves not available under the articles1311€500€500=
Profit (loss) carried forward14€-4k€-16k▼
Amounts payable17/49€23k€26k▲
Amounts payable within one year42/48€23k€26k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Other amounts payable47/48€21k€20k▼
Income statement
Code20242025
Other operating charges640/8€587€400▼
Gross operating margin9900€564€-12k▼
Operating profit (loss)9901€-23€-12k▼
Financial charges65/66B€126€195▲
Recurring financial charges65€126€195▲
Profit (loss) for the period before taxes9903€-149€-13k▼
Profit (loss) for the period9904€-149€-13k▼
Profit (loss) for the period to be appropriated9905€-149€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-16k▼
Profit (loss) brought forward from the previous period14P€-3k€-4k▼
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
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 51.40
Current ratio from 15.42 to 51.40; short-term debt falls from €1k to €374.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €7k ▲95.2%
Operating result €7k, net result €7k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 15.42
Current ratio from 4.03 to 15.42; short-term debt falls from €4k to €1k.
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Schaarbeek · 1 establishment unit since 2011
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.
Brabantstraat 431030 SchaarbeekGround area
65 m²
Building footprint
65 m²
Volume, LiDAR
714 m³
Parcel 21908E0006/00K010, Brussels · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Brabantstraat 43, 1030 Schaarbeek
since 20112.201.112.023
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21908E0006/00K010 | Brussels | 65 m² | 1 · 65 m² | 14.6 m · 4 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.
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Of 3,210 companies in sector 47400 we hold annual accounts for 1,795. 481 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-03-2011
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47420Retail trade
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.