Luxsecurity belgium
ActiveThe computed 12-month bankruptcy probability of Luxsecurity belgium is 4.1% (elevated). The 2024 annual accounts show equity of €108k and a net result of €7k. Equity is growing by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 50% of 36375 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability52▼-25
Solvency72▼-16
Growth52=
Track record100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.86 against 2.66 in 2023; short-term debt: 52% and cash: 34.9% of total assets), but 53.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 43
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 2024Solvency, return and age of the figures
Solvency
46.6%
Return on assets
3%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-02-2026, 201 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
201 d late
2023
31 d late
2022
31 d late
2021
65 d late
2020
79 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7k▼ 37.5%
2023 · €11k
2020: €23k
2021: €16k
2022: €41k
2023: €11k
2020 → 2024
Working capital
€103k▲ 10.2%
2023 · €94k
2020: €23k
2021: €40k
2022: €98k
2023: €94k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€33k-€49k▲ 48.8%€90k▲ 82.2%€101k▲ 12.2%€108k▲ 6.8%
Operating result€30k-€23k▼ 22.5%€58k▲ 153%€20k▼ 66.1%€10k▼ 47.3%
Net result€23k-€16k▼ 30.1%€41k▲ 151%€11k▼ 73.0%€7k▼ 37.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 47% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €231k
Fixed assets
€8k▼ 25.8%
Current assets
€223k▲ 48.8%
Equity and liabilities €231k
Equity
€108k▲ 6.8%
Debt
€123k▲ 107%
The debt ratio rises from 37.1% to 53.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▼
2023 · €23k
Cash flow
€10k▼
2023 · €14k
Solvency
46.6%▼
2023 · 62.9%
Current ratio
1.86▼
2023 · 2.66
Quick ratio
1.70▼
2023 · 1.90
Debt / equity
1.14▲
2023 · 0.59
ROE
6.3%▼
2023 · 10.8%
ROA
3.0%▼
2023 · 6.8%
Interest coverage
3.55▼
2023 · 6.63
Debt
€123k▲
2023 · €59k
Debt ≤ 1 year
€120k▲
2023 · €56k
Debt > 1 year
€3k=
2023 · €3k
Staff costs
€212k▲
2023 · €117k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€160k€231k▲
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€6k€3k▼
Leasing and similar rights25€6k€3k▼
Financial fixed assets28€5k€5k=
Current assets29/58€150k€223k▲
Stocks and contracts in progress3€43k€19k▼
Stocks30/36€43k€19k▼
Amounts receivable within one year40/41€56k€119k▲
Trade receivables40€55k€118k▲
Other amounts receivable41€341€658▲
Cash at bank and in hand54/58€19k€80k▲
Deferred charges and accrued income490/1€33k€5k▼
Equity and liabilities
Total equity and liabilities10/49€160k€231k▲
Equity10/15€101k€108k▲
Contributions10/11€10k€10k=
Capital10-€10k
Issued capital100-€10k
Outside capital11€10k-
Other1109/19€10k-
Profit (loss) carried forward14€91k€98k▲
Amounts payable17/49€59k€123k▲
Amounts payable after more than one year17€3k€3k=
Financial debts170/4€3k€3k=
Amounts payable within one year42/48€56k€120k▲
Current portion of amounts payable after more than one year42€2k€2k=
Trade debts44€14k€91k▲
Suppliers440/4€14k€91k▲
Taxes, remuneration and social security45€40k€26k▼
Taxes450/3€22k€22k▲
Remuneration and social security454/9€18k€4k▼
Other amounts payable47/48-€824
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61-€404k
Remuneration, social security and pensions62€117k€212k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€6k
Other operating charges640/8€210€160▼
Gross operating margin9900€140k€231k▲
Operating profit (loss)9901€20k€10k▼
Financial income75/76B€981€128▼
Recurring financial income75€981€42▼
Non-recurring financial income76B-€87
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€17k€7k▼
Income taxes67/77€6k-
Profit (loss) for the period9904€11k€7k▼
Profit (loss) for the period to be appropriated9905€11k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€91k€98k▲
Profit (loss) brought forward from the previous period14P€80k€91k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
17-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 201 days late
2024
31-12
Financial
Weakest financial yearnet €7k ▼37.5%
Net result drops to €7k, the lowest in the series.
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Equity above €100kEq €101k ▲12.2%
4 profitable years in a row build equity to €101k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2020net €41k ▲151%
Operating result €58k, net result €41k, both a record.
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 65 days late
2021
18-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 79 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Anderlecht · 1 establishment unit since 2020
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.
Lennikse Baan 4511070 AnderlechtGround area
2.4 ha
Building footprint
4,149 m²
Volume, LiDAR
64,261 m³
Parcel 21307F0126/00G000, Brussels · tallest building 20.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Luxsecurity belgium
since 20202.302.096.644
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21307F0126/00G000 | Brussels | 2.4 ha | 1 · 4,149 m² | 20.6 m · 5 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.
Similar companies · same sector, comparable size
CINERGEC
BE 0451.463.239
Sambreville · Eq €108k
SDB TECHNICS
BE 0820.799.053
Geraardsbergen · Eq €108k
GOEDBEHEERD
BE 0783.807.015
Grobbendonk · Eq €108k
MLM Electro
BE 0805.274.006
Lokeren · Eq €108k
Elektro De Meyer
BE 0775.477.089
Lier · Eq €108k
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,784 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2020
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.