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LUXFRIES

Active
Public limited companyfounded 2010active for 16 yearsKerkhofstraat(Odk) 16, 8670 Koksijde, BelgiumKBO/BCE: BE 0821.962.558
Summary

LUXFRIES has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €370,083 and a net result of -€38,504. Equity has been growing by about 6.9% per year since 2019. Its solvency ranks better than 22% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

Source: KBO
Status
Active since 05-01-2010 Normal situation
Activity
Wholesale trade NACE 46391
Establishment unit
2.184.826.911 8670 Koksijde, since 05-01-2010
Financial year end
31 December
Peppol
Reachable since 07-05-2025

Board and ownership

Board
Shareholders

Financial position

78 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€129,229
▼ 67.2%
Turnover
≈ €1.1m
estimated
Loss
€38,504
Equity
€370,083
▼ 9.4%
Total assets
€1.8m
▼ 14.5%
Score breakdownraises riskLiquidity: current ratio 1.25, cash €44, halvedLoss of €38,504 (financial year 2025)lowers riskFounded in 2010Size: total assets €1.8mShow the evidence

Checked score

Score 2025
78 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 22% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 45+1
equity 20.3% of total assets
Liquidity 6=
short-term debt 79.7% · cash 0.0%
Profitability 21-38
return on assets -2.1%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%▲ +0.2 percentage points vs 05-2025highest value 07-2025: 0.3%▼ -0.3 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.1%▼ -0.2 percentage points vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.25 (1.24 in 2024), below the usual 1.5. Short-term debt is 79.7% and cash 0% of total assets. 79.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 32% of them on solvency, 9% on liquidity, 22% on profitability and 26% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.25, cash €44, halved
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €1.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €38,504 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 6172 sector peers (2025).
NBB · sector comparison
Position among 6172 sector peers
Solvency
better than 22%
← weakest strongest →
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
44 days early
2023
5 days late
2022
6 days early
2021
27 days late
2020
89 days late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €179,720 in 2024 -€38,504 View
  • Caution: Lower net result than 83% of companies in wholesale tradesector median €110,982 · 6,106 companies -€38,504 View

Recent changes

  1. · Gazette deed Registered office moved within OostduinkerkeNew seat: Kerkhofstraat 16, 8670 Oostduinkerke (Koksijde) · Previous seat: Snipweg 7/A, 8670 Oostduinkerke (Koksijde)
  2. · Gazette deed 3 directors appointedAppointments: LUX Holding (statutory director) and VANDENBERGHE Astrid Carmen Henri Cornelius (director) · Permanent representative: BREMERS Luke
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as LUXFRIES: wholesale trade (NACE 46391). They are comparable in size and age: total assets between €454,000 and €3.9m, founded between 1988 and 2012.

CompanyTotal assetsGross margin
LUXFRIES Koksijde€1.8m€0.1m
FRIT EXPRESS Avelgem€0.9m€0.4m
Bocklandt-De Vuysdere Lokeren€0.5m€0.09m
POMME Diksmuide€0.7m€0.03m
POPPIES BAKERIES ERTVELDE Evergem€3.9m€0.04m
HOME SERVICE A LA CARTE Kuurne€1.1m€0.2m
CCKS SUPPORT Nieuwpoort€0.7m€0.07m
Full comparison

Key facts about LUXFRIES

What is the company number of LUXFRIES?
The company number of LUXFRIES is 0821.962.558. The VAT number is the same number with BE in front: BE 0821.962.558.
Where is LUXFRIES based?
The registered office is at Kerkhofstraat(Odk) 16, 8670 Koksijde.Company details
What does LUXFRIES do?
According to the KBO register, the main activity is wholesale trade (NACE 46391).
What is the legal form of LUXFRIES?
The legal form of LUXFRIES is Public limited company (NV).
When was LUXFRIES founded?
LUXFRIES was founded on 05-01-2010.
Is LUXFRIES still active?
Yes, LUXFRIES is an active enterprise in the KBO register.
What is the turnover of LUXFRIES?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €129,229 and 33 comparable companies (NACE 463). It probably lies between €460,000 and €1.9m.Financials
Is LUXFRIES profitable?
In financial year 2025, LUXFRIES made a loss of €38,504.
Where can I find the annual accounts of LUXFRIES?
LUXFRIES filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LUXFRIES due?
LUXFRIES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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