LUXSY
ActiveSummary
The computed 12-month bankruptcy probability of LUXSY is 2.1% (moderate). For LUXSY, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €653,005 and a net result of €13,474. Equity is growing by ~18.6% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability71▼-3
Solvency99▲+32
Growth52=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2022Solvency, return and age of the figures
Solvency
74.3%
Return on assets
1.5%
Age of the figures
45 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 14-06-2023, 47 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
47 d early
2021
3 d early
2020
122 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 41 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13,474▼ 78.9%
2021 · €63,753
Working capital
€615,303▲ 4.9%
2021 · €586,359
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
Line20182019202020212022
Operating result€271,512-€457,688▲ 68.6%€202,062▼ 55.9%€82,988▼ 58.9%€31,278▼ 62.3%
Net result€181,426-€329,119▲ 81.4%€155,553▼ 52.7%€63,753▼ 59.0%€13,474▼ 78.9%
Equity€166,426-€452,724▲ 172%€578,277▲ 27.7%€639,531▲ 10.6%€653,005▲ 2.1%
Total assets€1.5m-€945,585▼ 38.7%€1.4m▲ 53.2%€1.5m▲ 4.2%€878,557▼ 41.8%
Debt€1.4m-€492,860▼ 64.2%€870,384▲ 76.6%€870,410=€225,552▼ 74.1%
Working capital€121,581-€388,649▲ 220%€525,284▲ 35.2%€586,359▲ 11.6%€615,303▲ 4.9%
Staff (FTE)0.61▲ 66.7%
Why a figure moved sharply
- 2019 Net result +81% on 2018. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2022 is 62% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €878,557
Fixed assets
€37,702 ▼ 29.1%
Current assets
€840,855 ▼ 42.3%
Equity and liabilities €878,557
Equity
€653,005 ▲ 2.1%
Debt
€225,552 ▼ 74.1%
Debt's share of the balance-sheet total falls from 57.6% to 25.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44,896▼
2021 · €98,054
Cash flow
€27,092▼
2021 · €78,819
Current ratio
3.73▲
2021 · 1.67
Quick ratio
3.47▲
2021 · 1.51
Debt to equity
0.35▼
2021 · 1.36
ROE
2.1%▼
2021 · 10.0%
ROA
1.5%▼
2021 · 4.2%
Interest coverage
8.34▼
2021 · 45.19
Debt ≤ 1 year
€225,552▼
2021 · €870,410
Income taxes
€12,616▼
2021 · €17,342
Staff costs
€90,784▲
2021 · €76,235
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €76,235 | €90,784 | ▲ 19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,383 | €14,082 | €14,083 | €15,066 | €13,618 | ▼ 9.6% |
| Other operating charges640/8 | - | - | - | €3,066 | €12,332 | ▲ 302% |
| Gross operating margin9900 | €282,070 | €513,242 | €262,508 | €177,355 | €148,012 | ▼ 16.5% |
| Operating profit (loss)9901 | €271,512 | €457,688 | €202,062 | €82,988 | €31,278 | ▼ 62.3% |
| Financial income75/76B | - | - | - | €276 | €197 | ▼ 28.7% |
| Recurring financial income75 | €258 | €1,173 | €749 | €276 | €197 | ▼ 28.7% |
| Financial charges65/66B | - | - | - | €2,170 | €5,385 | ▲ 148% |
| Recurring financial charges65 | €411 | €4,933 | €2,569 | €2,170 | €5,385 | ▲ 148% |
| Profit (loss) for the period before taxes9903 | €271,359 | €453,928 | €200,243 | €81,095 | €26,091 | ▼ 67.8% |
| Income taxes67/77 | €89,933 | €124,809 | €44,690 | €17,342 | €12,616 | ▼ 27.2% |
| Profit (loss) for the period9904 | €181,426 | €329,119 | €155,553 | €63,753 | €13,474 | ▼ 78.9% |
| Profit (loss) for the period to be appropriated9905 | €181,426 | €329,119 | €155,553 | €63,753 | €13,474 | ▼ 78.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €945,585 | €1.4m | €1.5m | €878,557 | ▼ 41.8% |
| Fixed assets21/28 | €44,845 | €64,076 | €52,993 | €53,172 | €37,702 | ▼ 29.1% |
| Tangible fixed assets22/27 | €39,845 | €59,076 | €44,993 | €40,372 | €29,702 | ▼ 26.4% |
| Plant, machinery and equipment23 | - | - | - | €2,769 | €4,255 | ▲ 53.7% |
| Furniture and vehicles24 | - | - | - | €34,521 | €22,695 | ▼ 34.3% |
| Other tangible fixed assets26 | - | - | - | €3,082 | €2,753 | ▼ 10.7% |
| Financial fixed assets28 | €5,000 | €5,000 | €8,000 | €12,800 | €8,000 | ▼ 37.5% |
| Current assets29/58 | €1.5m | €881,509 | €1.4m | €1.5m | €840,855 | ▼ 42.3% |
| Stocks and contracts in progress3 | €45,325 | €375,901 | €166,208 | €143,704 | €57,324 | ▼ 60.1% |
| Stocks30/36 | - | - | - | €143,704 | €57,324 | ▼ 60.1% |
| Amounts receivable within one year40/41 | €1.4m | €431,400 | €1.1m | €1.2m | €724,365 | ▼ 40.9% |
| Trade receivables40 | - | - | - | €1.2m | €670,631 | ▼ 43.6% |
| Other amounts receivable41 | - | - | - | €35,725 | €53,735 | ▲ 50.4% |
| Cash at bank and in hand54/58 | €97,363 | €74,208 | €105,132 | €88,178 | €58,812 | ▼ 33.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €354 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €945,585 | €1.4m | €1.5m | €878,557 | ▼ 41.8% |
| Equity10/15 | €166,426 | €452,724 | €578,277 | €639,531 | €653,005 | ▲ 2.1% |
| Contributions10/11 | €35,000 | €35,000 | - | €35,000 | €35,000 | = |
| Reserves13 | €3,500 | €3,500 | €3,500 | €3,500 | €3,500 | = |
| Non-distributable reserves130/1 | - | - | - | €3,500 | €3,500 | = |
| Reserves not available under the articles1311 | - | - | - | €3,500 | €3,500 | = |
| Profit (loss) carried forward14 | €127,926 | €414,224 | €539,777 | €601,031 | €614,505 | ▲ 2.2% |
| Amounts payable17/49 | €1.4m | €492,860 | €870,384 | €870,410 | €225,552 | ▼ 74.1% |
| Amounts payable within one year42/48 | €1.4m | €492,860 | €870,384 | €870,410 | €225,552 | ▼ 74.1% |
| Trade debts44 | €1.2m | €213,835 | €601,114 | €756,831 | €169,914 | ▼ 77.5% |
| Suppliers440/4 | - | - | - | €756,831 | €169,914 | ▼ 77.5% |
| Taxes, remuneration and social security45 | - | - | - | €70,137 | €37,793 | ▼ 46.1% |
| Taxes450/3 | - | - | - | €59,551 | €25,013 | ▼ 58.0% |
| Remuneration and social security454/9 | - | - | - | €10,586 | €12,780 | ▲ 20.7% |
| Other amounts payable47/48 | - | - | - | €43,442 | €17,845 | ▼ 58.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €181,426 | €329,119 | €155,553 | €63,753 | €13,474 | ▼ 78.9% |
| + Depreciation and write-downs630 | €9,383 | €14,082 | €14,083 | €15,066 | €13,618 | ▼ 9.6% |
| Operating cash flow (approximation) | €190,809 | €343,201 | €169,636 | €78,819 | €27,092 | ▼ 65.6% |
| Investment in fixed assets (approximation) | - | -€33,313 | -€3,000 | -€15,244 | €1,852 | ▲ 112% |
| Change in cash | - | -€23,155 | €30,924 | -€16,954 | -€29,366 | ▼ 73.2% |
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
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €13,474 ▼78.9%
Net result drops to €13,474, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 3.73
Current ratio from 1.67 to 3.73; short-term debt falls from €870,410 to €225,552.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 122 days late
2020
31-12
Financial
Equity above €500,000Eq €578,277 ▲27.7%
3 profitable years in a row build equity to €578,277.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
31-12
Financial
Highest result since 2018net €329,119 ▲81.4%
Operating result €457,688, net result €329,119, both a record.
31-12
Financial
Equity above €200,000Eq €452,724 ▲172%
2 profitable years in a row build equity to €452,724.
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Brussel · 1 establishment unit since 2017
Ground area
315 m²
Building footprint
248 m²
Volume, LiDAR
6,191 m³
Parcel 21809K0025/00G003, Brussels · tallest building 32.6 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
GOLDMARKET
since 20172.266.174.772
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0025/00G003 | Brussels | 315 m² | 1 · 248 m² | 32.6 m · 10 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded16-06-2017
Fiscal year end31-12
Trade name FR
GOLDMARKET
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
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