Luxx Projects
ActiveSummary
Luxx Projects has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €6k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 59% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+87
Solvency66▲+31
Growth32=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.01 in 2024; short-term debt: 58.7% and cash: 62% of total assets), and 58.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.3%
Return on assets
29.7%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
24 d late
2024
17 d early
2023
33 d early
2022
35 d early
2021
20 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▲ 256%
2024 · €3k
2021: €9k
2022: €10k▲ +13.5% vs 2021
2023: €12k▲ +19.1% vs 2022highest in 5 years
2024: €3k▼ -79.4% vs 2023lowest in 5 years
2025: €9k▲ +256% vs 2024
2021 → 2025
Total assets
€22k▼ 16.4%
2024 · €26k
2021: €13klowest in 5 years
2022: €18k▲ +46.2% vs 2021
2023: €13k▼ -27.2% vs 2022
2024: €26k▲ +94.7% vs 2023highest in 5 years
2025: €22k▼ -16.4% vs 2024
2021 → 2025
Net result
€6k
2024 · €-10k
2021: €7khighest in 5 years
2022: €1k▼ -81.4% vs 2021
2023: €2k▲ +61.0% vs 2022
2024: €-10k▼ -595% vs 2023lowest in 5 years
2025: €6k▲ +166% vs 2024
2021 → 2025
Working capital
€6k▲ 1,803%
2024 · €318
2021: €8k
2022: €10k▲ +14.9% vs 2021
2023: €12k▲ +24.9% vs 2022highest in 5 years
2024: €318▼ -97.4% vs 2023lowest in 5 years
2025: €6k▲ +1803% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€10k▲ 13.5%€12k▲ 19.1%€3k▼ 79.4%€9k▲ 256%
2021: €9k
2022: €10k▲ +13.5% vs 2021
2023: €12k▲ +19.1% vs 2022highest in 5 years
2024: €3k▼ -79.4% vs 2023lowest in 5 years
2025: €9k▲ +256% vs 2024
Operating result€10k-€4k▼ 57.2%€5k▲ 33.3%€-8k€6k
2021: €10khighest in 5 years
2022: €4k▼ -57.2% vs 2021
2023: €5k▲ +33.3% vs 2022
2024: €-8k▼ -243% vs 2023lowest in 5 years
2025: €6k▲ +176% vs 2024
Net result€7k-€1k▼ 81.4%€2k▲ 61.0%€-10k€6k
2021: €7khighest in 5 years
2022: €1k▼ -81.4% vs 2021
2023: €2k▲ +61.0% vs 2022
2024: €-10k▼ -595% vs 2023lowest in 5 years
2025: €6k▲ +166% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22k
Fixed assets
€3k ▼ 21.4%
Current assets
€19k ▼ 15.5%
Equity and liabilities €22k
Equity
€9k ▲ 256%
Debt
€13k ▼ 45.7%
Debt's share of the balance-sheet total falls from 90.3% to 58.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7k▲
2024 · €-7k
Cash flow
€7k▲
2024 · €-9k
Current ratio
1.47▲
2024 · 1.01
Debt to equity
1.42▼
2024 · 9.29
ROE
71.9%▲
2024 · -384.8%
ROA
29.7%▲
2024 · -37.4%
Interest coverage
4.44▲
2024 · -4.48
Debt ≤ 1 year
€13k▼
2024 · €22k
Debt > 1 year
€0▼
2024 · €2k
Income taxes
€1k▲
2024 · €252
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€26k€22k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Furniture and vehicles24€4k€3k▼
Current assets29/58€22k€19k▼
Amounts receivable within one year40/41€18k€5k▼
Trade receivables40€14k€718▼
Other amounts receivable41€4k€4k▲
Cash at bank and in hand54/58€4k€14k▲
Deferred charges and accrued income490/1€269€252▼
Equity and liabilities
Total equity and liabilities10/49€26k€22k▼
Equity10/15€3k€9k▲
Contributions10/11€3k€3k=
Reserves13€10k€10k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€-10k€-3k▲
Amounts payable17/49€24k€13k▼
Amounts payable after more than one year17€2k€0▼
Financial debts170/4€2k€0▼
Amounts payable within one year42/48€22k€13k▼
Current portion of amounts payable after more than one year42€2k€2k▲
Trade debts44€15k€4k▼
Suppliers440/4€15k€4k▼
Advances received on contracts in progress46€4k€0▼
Taxes, remuneration and social security45€601€6k▲
Taxes450/3€601€6k▲
Other amounts payable47/48€317€383▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€354€804▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-6k€8k▲
Operating profit (loss)9901€-8k€6k▲
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-9k€8k▲
Income taxes67/77€252€1k▲
Profit (loss) for the period9904€-10k€6k▲
Profit (loss) for the period to be appropriated9905€-10k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-3k▲
Profit (loss) brought forward from the previous period14P-€-10k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €368 | €464 | €464 | €354 | €804 | ▲ 127% |
| Other operating charges640/8 | €348 | €780 | €821 | €1k | €1k | ▲ 0.5% |
| Gross operating margin9900 | €10k | €5k | €7k | €-6k | €8k | ▲ 223% |
| Operating profit (loss)9901 | €10k | €4k | €5k | €-8k | €6k | ▲ 176% |
| Financial income75/76B | - | €1 | - | - | €3k | - |
| Recurring financial income75 | - | €1 | - | - | €3k | - |
| Financial charges65/66B | - | €2k | €2k | €2k | €2k | ▼ 8.5% |
| Recurring financial charges65 | - | €2k | €2k | €2k | €2k | ▼ 8.5% |
| Profit (loss) for the period before taxes9903 | €10k | €3k | €4k | €-9k | €8k | ▲ 183% |
| Income taxes67/77 | €3k | €1k | €2k | €252 | €1k | ▲ 456% |
| Profit (loss) for the period9904 | €7k | €1k | €2k | €-10k | €6k | ▲ 166% |
| Profit (loss) for the period to be appropriated9905 | €7k | €1k | €2k | €-10k | €6k | ▲ 166% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13k | €18k | €13k | €26k | €22k | ▼ 16.4% |
| Fixed assets21/28 | €1k | €559 | €95 | €4k | €3k | ▼ 21.4% |
| Tangible fixed assets22/27 | €1k | €559 | €95 | €4k | €3k | ▼ 21.4% |
| Furniture and vehicles24 | €1k | €559 | €95 | €4k | €3k | ▼ 21.4% |
| Current assets29/58 | €12k | €18k | €13k | €22k | €19k | ▼ 15.5% |
| Amounts receivable within one year40/41 | €1k | €12k | €10k | €18k | €5k | ▼ 71.5% |
| Trade receivables40 | €314 | - | €2k | €14k | €718 | ▼ 94.8% |
| Other amounts receivable41 | €1k | €12k | €8k | €4k | €4k | ▲ 10.6% |
| Cash at bank and in hand54/58 | €10k | €6k | €3k | €4k | €14k | ▲ 222% |
| Deferred charges and accrued income490/1 | - | €157 | €306 | €269 | €252 | ▼ 6.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13k | €18k | €13k | €26k | €22k | ▼ 16.4% |
| Equity10/15 | €9k | €10k | €12k | €3k | €9k | ▲ 256% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves13 | €7k | €8k | €10k | €10k | €10k | = |
| Distributable reserves133 | €7k | €8k | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | - | - | - | €-10k | €-3k | ▲ 66.5% |
| Amounts payable17/49 | €3k | €8k | €1k | €24k | €13k | ▼ 45.7% |
| Amounts payable after more than one year17 | - | - | - | €2k | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €2k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €3k | €8k | €1k | €22k | €13k | ▼ 41.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2k | €2k | ▲ 3.2% |
| Trade debts44 | €68 | €1k | €408 | €15k | €4k | ▼ 71.8% |
| Suppliers440/4 | €68 | €1k | €408 | €15k | €4k | ▼ 71.8% |
| Advances received on contracts in progress46 | - | - | - | €4k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €3k | €3k | €703 | €601 | €6k | ▲ 916% |
| Taxes450/3 | €3k | €3k | €703 | €601 | €6k | ▲ 916% |
| Other amounts payable47/48 | - | €4k | - | €317 | €383 | ▲ 20.9% |
| Accrued charges and deferred income492/3 | €419 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €1k | €2k | €-10k | €6k | ▲ 166% |
| + Depreciation and write-downs630 | €368 | €464 | €464 | €354 | €804 | ▲ 127% |
| Operating cash flow (approximation) | €7k | €2k | €2k | €-9k | €7k | ▲ 178% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-4k | €0 | ▲ 100% |
| Change in cash | - | €-4k | €-3k | €2k | €9k | ▲ 494% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 5current ratio 11.97
Current ratio from 2.21 to 11.97; short-term debt falls from €8k to €1k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Duffel · 1 establishment unit since 2021
Ground area
556 m²
Building footprint
156 m²
Volume, LiDAR
625 m³
Parcel 12009A0676/00D003, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Luxx Projects
since 20212.313.132.175
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12009A0676/00D003 | Flanders | 556 m² | 1 · 156 m² | 7.9 m · 1 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.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 2,961 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
Founded28-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
43240Other construction installation
43320Joinery installation
43350Other building finishing work
70100Activities of head offices
Scores and ratios are computed by Checked and are not a credit decision.