Financials
- Fiscal year
- 2025
- Total assets
- €9,906
- Loss
- -€8,634
- Solvency
- -358.3%
Total assets▲ 50.8%
Net result
20182025
LUXEL
ActiveSummary
LUXEL has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€35,490) and a net result of -€8,634. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 5% of 30651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
What they do
General electrical installation work
NACE 43211NACE 45310
1 site
How big
€9,906total assets 2025
- Equity
- -€35,490
- Loss
- -€8,634
Turnover not published (abridged schema)
Who decides
Accounts 1 d early0 of 2 deeds read
Why 59Capped at 59: negative equity- Loss of €8,634 (FY 2025)- Negative equity -€35,490- Sector Specialised construction activities (NACE 43)+ Size: total assets €9,906Show the evidence
Checked score
Score 2025
59
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Place in the band from the probability alone: no sector peers known
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -358.3% of total assets
Liquidity
29-8
short-term debt 458.3% · cash 23.4%
Profitability
0-63
return on assets -87.2%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%
12-2024: 0.5%● 0.0% vs 11-2024
01-2025: 0.5%▼ -1.2% vs 12-2024
02-2025: 0.5%● 0.0% vs 01-2025
03-2025: 0.5%▲ +1.0% vs 02-2025
04-2025: 0.5%▲ +2.8% vs 03-2025
05-2025: 0.5%▼ -4.7% vs 04-2025
06-2025: 0.5%▲ +0.4% vs 05-2025
07-2025: 0.6%▲ +31.1% vs 06-2025
08-2025: 0.4%▼ -36.4% vs 07-2025
09-2025: 0.4%● 0.0% vs 08-2025
10-2025: 0.4%● 0.0% vs 09-2025
11-2025: 0.4%● 0.0% vs 10-2025
12-2025: 0.4%● 0.0% vs 11-2025
01-2026: 0.4%▼ -1.7% vs 12-2025lowest value
02-2026: 0.4%● 0.0% vs 01-2026lowest value
03-2026: 0.4%▲ +1.0% vs 02-2026
04-2026: 0.4%▲ +5.0% vs 03-2026
05-2026: 0.4%▼ -4.7% vs 04-2026
06-2026: 0.4%▲ +0.2% vs 05-2026
07-2026: 0.5%▲ +12.6% vs 06-2026
08-2026: 0.9%▲ +101% vs 07-2026highest value
09-2026: 0.9%● 0.0% vs 08-2026highest value
10-2026: 0.9%● 0.0% vs 09-2026highest value
- Size: total assets €9,906 lowers the probability for this profile
- Loss of €8,634 (FY 2025) raises the probability
- Negative equity -€35,490 raises the probability
- Sector Specialised construction activities (NACE 43) raises the probability
No credit on open account
Liquidity short (current ratio 0.13 against 0.16 in 2024; short-term debt: 458.3% and cash: 23.4% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: from the bankruptcy probability alone, as no sector peers are known.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€35,490
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
9 d early
2023
7 d early
2022
25 d late
2021
2 d early
2020
1 d early
2019
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before 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 (2)
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. Usually files around 29 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 30-07-2026Annual accounts filed
- 22-07-2025Annual accounts filed
- 24-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 05-02-2007
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.