LuxeImmo
ActiveSummary
The computed 12-month bankruptcy probability of LuxeImmo is 1.7% (moderate). The 2024 annual accounts show equity of €344,768 and a net result of €107,169. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 48% of 3551 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability84▲+77
Solvency64▲+13
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 2.69 against 2.05 in 2023; short-term debt: 36.9% and cash: 20% of total assets), but 61.2% of the assets are financed with debt.
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Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
62 d late
2022
58 d late
2020
101 d late
2019
95 d late
2018
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 64 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€107,169
2023 · -€85,008
Working capital
€555,138▲ 19.6%
2023 · €464,049
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
Line20192020202220232024
Operating result€105,292▼ 44.5%€274,420▲ 161%-€35,129--€54,672▼ 55.6%€111,719
Net result€62,110▼ 60.0%€182,987▲ 195%-€52,330--€85,008▼ 62.4%€107,169
Equity€136,150▲ 14.4%€303,137▲ 123%€322,606-€237,599▼ 26.4%€344,768▲ 45.1%
Total assets€2.1m▲ 116%€1.3m▼ 37.6%€1.3m-€912,604▼ 29.2%€888,574▼ 2.6%
Debt€2.0m▲ 130%€1.0m▼ 48.6%€965,643-€675,005▼ 30.1%€543,806▼ 19.4%
Working capital€615,085€413,792▼ 32.7%€371,178-€464,049▲ 25.0%€555,138▲ 19.6%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €111,719 after a loss of €54,672 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €888,574
Fixed assets
€5,512 ▼ 24.0%
Current assets
€883,061 ▼ 2.5%
Equity and liabilities €888,574
Equity
€344,768 ▲ 45.1%
Debt
€543,806 ▼ 19.4%
Debt's share of the balance-sheet total falls from 74.0% to 61.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€114,978▲
2023 · -€49,554
Cash flow
€110,428▲
2023 · -€79,890
Current ratio
2.69▲
2023 · 2.05
Quick ratio
1.54▲
2023 · 1.21
Debt to equity
1.58▼
2023 · 2.84
ROE
31.1%▲
2023 · -35.8%
ROA
12.1%▲
2023 · -9.3%
Interest coverage
26.28▲
2023 · -1.64
Debt ≤ 1 year
€327,924▼
2023 · €441,302
Debt > 1 year
€215,882▼
2023 · €232,006
Income taxes
€174▲
2023 · €132
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 17,792 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.
Annual accounts
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €4,567 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,032 | €8,942 | €14,856 | €5,117 | €3,259 | ▼ 36.3% |
| Other operating charges640/8 | - | - | €23,813 | €50,645 | €4,334 | ▼ 91.4% |
| Gross operating margin9900 | €130,559 | €289,529 | €3,540 | €1,090 | €119,312 | ▲ 10,845% |
| Operating profit (loss)9901 | €105,292 | €274,420 | -€35,129 | -€54,672 | €111,719 | ▲ 304% |
| Financial income75/76B | - | - | €2 | - | €0 | - |
| Recurring financial income75 | - | €4 | €2 | - | €0 | - |
| Financial charges65/66B | - | - | €17,050 | €30,204 | €4,375 | ▼ 85.5% |
| Recurring financial charges65 | €43,182 | €29,347 | €17,050 | €30,204 | €4,375 | ▼ 85.5% |
| Profit (loss) for the period before taxes9903 | €62,110 | €245,076 | -€52,176 | -€84,876 | €107,344 | ▲ 226% |
| Income taxes67/77 | - | €62,089 | €154 | €132 | €174 | ▲ 32.6% |
| Profit (loss) for the period9904 | €62,110 | €182,987 | -€52,330 | -€85,008 | €107,169 | ▲ 226% |
| Profit (loss) for the period to be appropriated9905 | €62,110 | €182,987 | -€52,330 | -€85,008 | €107,169 | ▲ 226% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €1.3m | €1.3m | €912,604 | €888,574 | ▼ 2.6% |
| Fixed assets21/28 | €918,698 | €351,551 | €356,916 | €7,252 | €5,512 | ▼ 24.0% |
| Tangible fixed assets22/27 | €918,498 | €351,351 | €356,716 | €7,052 | €5,312 | ▼ 24.7% |
| Land and buildings22 | - | - | €344,546 | - | - | - |
| Plant, machinery and equipment23 | - | - | €2,421 | €277 | - | - |
| Furniture and vehicles24 | - | - | €9,748 | €6,776 | €5,312 | ▼ 21.6% |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €1.2m | €978,617 | €931,333 | €905,352 | €883,061 | ▼ 2.5% |
| Stocks and contracts in progress3 | €970,988 | €571,810 | €367,231 | €370,416 | €377,951 | ▲ 2.0% |
| Stocks30/36 | - | - | €367,231 | €370,416 | €377,951 | ▲ 2.0% |
| Amounts receivable within one year40/41 | €175,190 | €270,326 | €528,881 | €280,450 | €323,935 | ▲ 15.5% |
| Trade receivables40 | - | - | €59,650 | €21,351 | €185,971 | ▲ 771% |
| Other amounts receivable41 | - | - | €469,231 | €259,099 | €137,963 | ▼ 46.8% |
| Cash at bank and in hand54/58 | €61,959 | €136,381 | €34,360 | €252,629 | €178,154 | ▼ 29.5% |
| Deferred charges and accrued income490/1 | - | - | €861 | €1,857 | €3,022 | ▲ 62.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €1.3m | €1.3m | €912,604 | €888,574 | ▼ 2.6% |
| Equity10/15 | €136,150 | €303,137 | €322,606 | €237,599 | €344,768 | ▲ 45.1% |
| Contributions10/11 | €12,400 | - | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,860 | €92,769 | €92,769 | €92,769 | €92,769 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €90,909 | €90,909 | €90,909 | = |
| Profit (loss) carried forward14 | €121,890 | €197,968 | €217,437 | €132,429 | €239,599 | ▲ 80.9% |
| Amounts payable17/49 | €2.0m | €1.0m | €965,643 | €675,005 | €543,806 | ▼ 19.4% |
| Amounts payable after more than one year17 | €1.4m | €461,634 | €401,349 | €232,006 | €215,882 | ▼ 6.9% |
| Financial debts170/4 | - | - | €389,002 | €215,981 | €199,857 | ▼ 7.5% |
| Other amounts payable178/9 | - | - | €12,347 | €16,025 | €16,025 | = |
| Amounts payable within one year42/48 | €598,785 | €564,826 | €560,155 | €441,302 | €327,924 | ▼ 25.7% |
| Current portion of amounts payable after more than one year42 | - | - | €37,545 | €15,811 | €17,453 | ▲ 10.4% |
| Trade debts44 | €197,451 | €414,570 | €314,114 | €203,586 | €195,636 | ▼ 3.9% |
| Suppliers440/4 | - | - | €314,114 | €203,586 | €195,636 | ▼ 3.9% |
| Taxes, remuneration and social security45 | - | - | €149,855 | €195,842 | €114,835 | ▼ 41.4% |
| Taxes450/3 | - | - | €149,855 | €195,842 | €114,835 | ▼ 41.4% |
| Other amounts payable47/48 | - | - | €58,641 | €26,063 | - | - |
| Accrued charges and deferred income492/3 | - | - | €4,139 | €1,697 | - | - |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,110 | €182,987 | -€52,330 | -€85,008 | €107,169 | ▲ 226% |
| + Depreciation and write-downs630 | €25,032 | €8,942 | €14,856 | €5,117 | €3,259 | ▼ 36.3% |
| Operating cash flow (approximation) | €87,143 | €191,929 | -€37,475 | -€79,890 | €110,428 | ▲ 238% |
| Investment in fixed assets (approximation) | - | €558,205 | - | €344,546 | -€1,519 | ▼ 100% |
| Change in cash | - | €74,422 | - | €218,269 | -€74,475 | ▼ 134% |
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
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €107,169
Net result €107,169 after 2 loss-making years.
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 62 days late
2023
31-12
Financial
Weakest financial yearnet -€85,008
Net result drops to -€85,008, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 58 days late
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 101 days late
2020
31-12
Financial
Highest result since 2018net €182,987 ▲195%
Operating result €274,420, net result €182,987, both a record.
31-12
Financial
Equity above €200,000Eq €303,137 ▲123%
3 profitable years in a row build equity to €303,137.
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
2019
31-12
Financial
Liquidity times 6current ratio 2.03
Current ratio from 0.35 to 2.03.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Show earlier events
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 152 days late
15-01
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 168 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Elsene
Ground area
5,672 m²
Building footprint
3,878 m²
Volume, LiDAR
86,391 m³
Parcel 21807G0131/00T000, Brussels · tallest building 45.8 m, ±8 floors. Linked by address, not a title deed.
564
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 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.
Similar companies · same sector, comparable size
AFERVA
BE 0427.572.139
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BUK
BE 0657.793.721
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WEDAM
BE 0461.268.157
Geel · Eq €348,965
IMMO CREATIV
BE 0558.865.894
Anderlecht · Eq €340,574
ED IMMO
BE 0475.007.614
Ans · Eq €337,353
Of 4,093 companies in sector 43240 we hold annual accounts for 1,634. 1,134 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 (pre-2019)
Founded14-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
43310Plastering work
43320Joinery installation
43990Other specialised construction activities
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0504919840
Also
9925:BE0504919840
Registered
07-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.