LUXOUTSIDE
ActiveSummary
The computed 12-month bankruptcy probability of LUXOUTSIDE is 1.7% (moderate). The 2025 annual accounts show negative equity (-€717,417) and a net result of -€1.0m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7930 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-77
Solvency0▼-41
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.65 against 1.77 in 2024; short-term debt: 57.3% and cash: 2.9% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 →
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
-45.1%
Return on assets
-65.6%
Age of the figures
9 mo
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 -€717,417
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
26 d late
2023
1 d early
2022
4 d early
2021
6 d early
2020
31 d late
2019
on the day
← 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 6 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 (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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1.0m
2024 · €125,723
Working capital
-€318,884
2024 · €478,187
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€250,005▲ 84.9%-€416,243€222,390€167,514▼ 24.7%-€1.0m
Net result€212,531above the sector's middle half▲ 78.0%-€436,232below the sector's middle half€204,744above the sector's middle half€125,723above the sector's middle half▼ 38.6%-€1.0mbelow the sector's middle half
Equity€431,973within the sector's middle half▲ 96.9%-€4,258below the sector's middle half€200,485within the sector's middle half€326,209within the sector's middle half▲ 62.7%-€717,417below the sector's middle half
Total assets€2.1mabove the sector's middle half▲ 98.4%€1.9mabove the sector's middle half▼ 7.8%€2.0mabove the sector's middle half▲ 3.1%€2.0mabove the sector's middle half▲ 0.3%€1.6mabove the sector's middle half▼ 20.9%
Debt€1.7m▲ 98.8%€2.0m▲ 16.1%€1.8m▼ 7.4%€1.7m▼ 6.7%€2.3m▲ 36.9%
Working capital€373,393within the sector's middle half▲ 122%€196,358within the sector's middle half▼ 47.4%€338,919within the sector's middle half▲ 72.6%€478,187within the sector's middle half▲ 41.1%-€318,884below the sector's middle half
Solvency20.4%below the sector's middle half▼ 0.2pp-0.2%below the sector's middle half▼ 20.7pp10.0%below the sector's middle half▲ 10.2pp16.2%below the sector's middle half▲ 6.2pp-45.1%below the sector's middle half▼ 61.3pp
Current ratio1.64within the sector's middle half▲ 0.111.27within the sector's middle half▼ 0.361.49within the sector's middle half▲ 0.221.77within the sector's middle half▲ 0.280.65below the sector's middle half▼ 1.12
Return on assets (ROA)10.1%within the sector's middle half▼ 1.2pp-22.4%below the sector's middle half▼ 32.5pp10.2%within the sector's middle half▲ 32.6pp6.2%within the sector's middle half▼ 4.0pp-65.6%below the sector's middle half▼ 71.8pp
Staff (FTE)8.7within the sector's middle half▲ 97.7%10within the sector's middle half▲ 14.9%8.5within the sector's middle half▼ 15.0%8.9within the sector's middle half▲ 4.7%8.9within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1.0m after €167,514 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€997,788 ▲ 9.2%
Current assets
€593,160 ▼ 46.0%
Key figures and ratios
EBITDA
-€919,607▼
2024 · €256,877
Cash flow
-€951,303▼
2024 · €215,086
Quick ratio
0.16▼
2024 · 0.21
Debt to equity
-3.22▼
2024 · 5.17
Interest coverage
-28.62▼
2024 · 6.10
Debt ≤ 1 year
€912,044▲
2024 · €621,000
Debt > 1 year
€1.1m▲
2024 · €1.1m
Staff costs
€489,900▲
2024 · €426,153
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.0%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 6,940 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €335,251 | €403,303 | €464,241 | €426,153 | €489,900 | ▲ 15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €107,044 | €119,717 | €112,205 | €89,363 | €92,323 | ▲ 3.3% |
| Other operating charges640/8 | €1,771 | €4,691 | €17,112 | €9,742 | €9,725 | ▼ 0.2% |
| Non-recurring operating charges66A | €2,342 | - | - | - | - | - |
| Gross operating margin9900 | €696,412 | €111,467 | €815,948 | €692,771 | -€419,982 | ▼ 161% |
| Operating profit (loss)9901 | €250,005 | -€416,243 | €222,390 | €167,514 | -€1.0m | ▼ 704% |
| Financial income75/76B | €1,152 | €610 | €861 | €352 | €432 | ▲ 22.9% |
| Recurring financial income75 | €1,152 | €610 | €861 | €352 | €432 | ▲ 22.9% |
| Financial charges65/66B | €17,870 | €20,599 | €18,507 | €42,142 | €32,128 | ▼ 23.8% |
| Recurring financial charges65 | €17,870 | €20,599 | €18,507 | €42,142 | €32,128 | ▼ 23.8% |
| Profit (loss) for the period before taxes9903 | €233,287 | -€436,232 | €204,744 | €125,723 | -€1.0m | ▼ 930% |
| Income taxes67/77 | €20,756 | - | - | - | - | - |
| Profit (loss) for the period9904 | €212,531 | -€436,232 | €204,744 | €125,723 | -€1.0m | ▼ 930% |
| Profit (loss) for the period to be appropriated9905 | €212,531 | -€436,232 | €204,744 | €125,723 | -€1.0m | ▼ 930% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €1.9m | €2.0m | €2.0m | €1.6m | ▼ 20.9% |
| Fixed assets21/28 | €1.2m | €1.0m | €982,131 | €913,312 | €997,788 | ▲ 9.2% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €1.2m | €1.0m | €981,068 | €912,249 | €996,725 | ▲ 9.3% |
| Land and buildings22 | €989,442 | €935,955 | €920,074 | €868,865 | €810,841 | ▼ 6.7% |
| Plant, machinery and equipment23 | €60,264 | €26,955 | €7,386 | €9,634 | €84,684 | ▲ 779% |
| Furniture and vehicles24 | €100,921 | €68,001 | €53,609 | €33,751 | €101,200 | ▲ 200% |
| Financial fixed assets28 | €1,063 | €1,063 | €1,063 | €1,063 | €1,063 | = |
| Current assets29/58 | €960,792 | €914,853 | €1.0m | €1.1m | €593,160 | ▼ 46.0% |
| Stocks and contracts in progress3 | €782,339 | €768,193 | €925,017 | €970,966 | €443,744 | ▼ 54.3% |
| Stocks30/36 | €476,161 | €541,970 | €592,308 | €522,573 | €350,194 | ▼ 33.0% |
| Contracts in progress37 | €306,178 | €226,223 | €332,709 | €448,393 | €93,550 | ▼ 79.1% |
| Amounts receivable within one year40/41 | €102,026 | €73,538 | €53,259 | €90,596 | €103,766 | ▲ 14.5% |
| Trade receivables40 | €79,617 | €65,994 | €33,881 | €72,784 | €58,332 | ▼ 19.9% |
| Other amounts receivable41 | €22,410 | €7,544 | €19,378 | €17,812 | €45,434 | ▲ 155% |
| Cash at bank and in hand54/58 | €76,427 | €73,122 | €46,895 | €37,626 | €45,650 | ▲ 21.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €1.9m | €2.0m | €2.0m | €1.6m | ▼ 20.9% |
| Equity10/15 | €431,973 | -€4,258 | €200,485 | €326,209 | -€717,417 | ▼ 320% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | €18,600 | - | - | - | - |
| Other1109/19 | - | €18,600 | - | - | - | - |
| Reserves13 | €20,610 | €20,610 | €20,610 | €20,610 | €20,610 | = |
| Tax-exempt reserves132 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Distributable reserves133 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €392,763 | -€43,468 | €161,275 | €286,999 | -€756,627 | ▼ 364% |
| Amounts payable17/49 | €1.7m | €2.0m | €1.8m | €1.7m | €2.3m | ▲ 36.9% |
| Amounts payable after more than one year17 | €1.1m | €1.2m | €1.1m | €1.1m | €1.1m | ▲ 2.9% |
| Financial debts170/4 | €1.1m | €1.2m | €1.1m | €1.1m | €1.1m | ▲ 2.9% |
| Amounts payable within one year42/48 | €587,400 | €718,495 | €686,252 | €621,000 | €912,044 | ▲ 46.9% |
| Current portion of amounts payable after more than one year42 | €108,469 | €110,520 | €112,025 | €130,275 | €213,381 | ▲ 63.8% |
| Trade debts44 | €404,963 | €415,255 | €308,474 | €255,920 | €484,325 | ▲ 89.2% |
| Suppliers440/4 | €404,963 | €415,255 | €308,474 | €255,920 | €484,325 | ▲ 89.2% |
| Taxes, remuneration and social security45 | €33,109 | €26,653 | €10,477 | €9,491 | €19,584 | ▲ 106% |
| Taxes450/3 | €33,109 | €19,934 | €2,722 | €3,701 | €12,001 | ▲ 224% |
| Remuneration and social security454/9 | - | €6,719 | €7,755 | €5,791 | €7,583 | ▲ 31.0% |
| Other amounts payable47/48 | €40,858 | €166,068 | €255,276 | €225,315 | €194,755 | ▼ 13.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €300,410 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €212,531 | -€436,232 | €204,744 | €125,723 | -€1.0m | ▼ 930% |
| + Depreciation and write-downs630 | €107,044 | €119,717 | €112,205 | €89,363 | €92,323 | ▲ 3.3% |
| Operating cash flow (approximation) | €319,575 | -€316,515 | €316,949 | €215,086 | -€951,303 | ▼ 542% |
| Investment in fixed assets (approximation) | - | €0 | -€62,363 | -€20,544 | -€176,799 | ▼ 761% |
| Change in cash | - | -€3,305 | -€26,227 | -€9,269 | €8,024 | ▲ 187% |
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
Next filing, fiscal year 2026, expected by
2026
01-09
State Gazette act
Resignations: Patrice Dupuis (director) and GARINVEST (director)Permanent representative: Greden5 facts ▸
State Gazette act
Resignations: Patrice Dupuis (director) and GARINVEST (director)
Permanent representative: Greden5 facts ▸
- General meeting, 17-07-2026
- Director resignation, Patrice Dupuis (director)
- Permanent representative, Greden (permanent representative)
- Director resignation, GARINVEST (director)
- Director in office, Anthony Gourdange (director)
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€1.0m
Net result drops to -€1.0m, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €204,744
Net result €204,744 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €200,485
Equity rises from -€4,258 to €200,485.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €212,531 ▲78%
Operating result €250,005, net result €212,531, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Equity above €200,000Eq €219,442 ▲119%
2 profitable years in a row build equity to €219,442.
Show earlier events
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €29,183
Net result €29,183 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €100,054 ▲43.4%
Equity rises from €69,757 to €100,054.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
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.
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Florenville · 1 establishment unit since 2016
Ground area
3,389 m²
Building footprint
2,183 m²
Parcel 85011C0897/00B000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue des Hêtres 10, 6820 Florenville
since 20162.252.882.309
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85011C0897/00B000 | Wallonia | 3,389 m² | 1 · 2,183 m² | - |
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.
Mandate history
2 people since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| GARINVEST |
|
| Patrice Dupuis |
|
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 6,752 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
Founded04-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
81300Landscape service activities
Contact
E-mail
administration@ovalux.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0649629586
Registered
03-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.