Luxus Oostende
ActiveLuxus Oostende has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €367k and a net result of €-51k. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 9692 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency100▲+15
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 4.59 against 1.53 in 2023), and 14.4% 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.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
85.6%
Return on assets
-11.9%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€51k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
36 d early
2022
54 d early
2021
48 d early
2020
38 d early
2019
45 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€367k▼ 12.2%
2023 · €418k
2018: €450k
2019: €459k
2020: €484k
2021: €431k
2022: €434k
2023: €418k
2018 → 2024
Total assets
€429k▼ 48.7%
2023 · €835k
2018: €644k
2019: €665k
2020: €699k
2021: €865k
2022: €717k
2023: €835k
2018 → 2024
Net result
€-51k▼ 215%
2023 · €-16k
2018: €176k
2019: €9k
2020: €24k
2021: €18k
2022: €83k
2023: €-16k
2018 → 2024
Working capital
€221k▲ 0.4%
2023 · €220k
2018: €-17k
2019: €52k
2020: €71k
2021: €-3k
2022: €234k
2023: €220k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€484k-€431k▼ 10.8%€434k▲ 0.6%€418k▼ 3.7%€367k▼ 12.2%
Operating result€39k-€28k▼ 28.4%€135k▲ 384%€-12k€2k
Net result€24k-€18k▼ 28.0%€83k▲ 370%€-16k€-51k▼ 215%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €2k after a loss of €12k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €429k
Fixed assets
€146k▼ 26.2%
Current assets
€282k▼ 55.7%
Equity and liabilities €429k
Equity
€367k▼ 12.2%
Debt
€62k▼ 85.2%
The debt ratio falls from 50.0% to 14.4%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€4k▲
2023 · €-10k
Cash flow
€-49k▼
2023 · €-14k
Solvency
85.6%▲
2023 · 50.0%
Current ratio
4.59▲
2023 · 1.53
Quick ratio
4.59▲
2023 · 0.85
Debt / equity
0.17▼
2023 · 1.00
ROE
-13.9%▼
2023 · -3.9%
ROA
-11.9%▼
2023 · -1.9%
Interest coverage
0.19▲
2023 · -2.18
Debt
€62k▼
2023 · €417k
Debt ≤ 1 year
€62k▼
2023 · €417k
Income taxes
€74▲
2023 · €70
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€835k€429k▼
Fixed assets21/28€198k€146k▼
Tangible fixed assets22/27€148k€146k▼
Land and buildings22€148k€146k▼
Plant, machinery and equipment23€0-
Financial fixed assets28€50k€0▼
Current assets29/58€637k€282k▼
Stocks and contracts in progress3€284k€0▼
Stocks30/36€12k€0▼
Contracts in progress37€272k€0▼
Amounts receivable within one year40/41€321k€135k▼
Trade receivables40€22k€0▼
Other amounts receivable41€299k€135k▼
Cash at bank and in hand54/58€14k€135k▲
Deferred charges and accrued income490/1€18k€13k▼
Equity and liabilities
Total equity and liabilities10/49€835k€429k▼
Equity10/15€418k€367k▼
Contributions10/11€250k€250k=
Reserves13€18k€18k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€150k€99k▼
Amounts payable17/49€417k€62k▼
Amounts payable within one year42/48€417k€62k▼
Current portion of amounts payable after more than one year42€175k€0▼
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€14k€74▼
Taxes450/3€14k€74▼
Other amounts payable47/48€226k€57k▼
Accrued charges and deferred income492/3€347€352▲
Income statement
Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€-6k€6k▲
Operating profit (loss)9901€-12k€2k▲
Financial income75/76B€185€725▲
Recurring financial income75€185€725▲
Financial charges65/66B€4k€54k▲
Recurring financial charges65€4k€20k▲
Non-recurring financial charges66B€0€33k▲
Profit (loss) for the period before taxes9903€-16k€-51k▼
Income taxes67/77€70€74▲
Profit (loss) for the period9904€-16k€-51k▼
Profit (loss) for the period to be appropriated9905€-16k€-51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€150k€99k▼
Profit (loss) brought forward from the previous period14P€166k€150k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-51k
Net result drops to €-51k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 4.59
Current ratio from 1.53 to 4.59; short-term debt falls from €417k to €62k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Oostende · 1 establishment unit since 2012
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.
Nieuwpoortsesteenweg 6208400 OostendeGround area
3,603 m²
Building footprint
318 m²
Volume, LiDAR
1,578 m³
Parcel 35391A0217/00K000, Flanders · tallest building 14.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Luxus Oostende
since 20122.212.499.526
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35391A0217/00K000 | Flanders | 3,603 m² | 1 · 318 m² | 14.1 m · 2 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
CONSTRUCTEM
BE 0665.595.687
Leuven · Eq €367k
PREFISO
BE 0765.740.764
Kinrooi · Eq €367k
IMMO MARTINET
BE 0695.843.653
Blégny · Eq €367k
2BC IMMO
BE 0562.972.162
Pajottegem · Eq €366k
AY-CONSTRUCT
BE 0737.334.711
Willebroek · Eq €366k
Of 9,633 companies in sector 68121 we hold annual accounts for 7,327. 4,980 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2012
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.