LUYTEN
ActiveSummary
LUYTEN has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.6m and a net result of €479,874. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 73% of 268 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▲+13
Solvency94▲+6
Growth45▲+1
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.95 against 2.45 in 2024; short-term debt: 31% and cash: 5.2% of total assets), and 31.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Manufacture of chemicals and chemical products (NACE 20)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
68.6%
Return on assets
7.2%
Age of the figures
17 mo
raises risk · Filed more than 90 days late
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 14-04-2026, 135 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 · 10 filingsDeviation from the deadline
2025
135 d late
2024
90 d late
2023
36 d early
2022
61 d early
2021
32 d early
2020
68 d early
2019
65 d early
← 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 5 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-04-2026 close26-09-2026 today30-11-2026 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#3 company by total assets in the province of Namur, Chemicals sector#7 company by equity in Namur, Manufacturing sector#8 oldest company in the province of Namur, Chemicals sector
Turnover
€12.1m▲ 5.6%
2024 · €11.4m
EBIT margin
4.8%▲ 4.4pp
2024 · 0.4%
Net result
€479,874
2024 · -€151,912
Working capital
€4.0m▲ 19.7%
2024 · €3.3m
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
Line20212022202320242025
Turnover€13.0m▲ 10.0%€14.7m▲ 13.5%€9.8m▼ 33.2%€11.4m▲ 16.5%€12.1m▲ 5.6%
Operating result€189,530▼ 73.0%€522,096▲ 175%-€695,690€41,375€577,154▲ 1,295%
Net result-€33,941€452,906-€664,938-€151,912▲ 77.2%€479,874
EBIT margin1.5%▼ 4.5pp3.6%▲ 2.1pp-7.1%▼ 10.6pp0.4%▲ 7.4pp4.8%▲ 4.4pp
Equity€4.4m▼ 0.8%€4.9m▲ 10.2%€4.2m▼ 13.6%€4.1m▼ 3.6%€4.6m▲ 11.8%
Total assets€6.4m▼ 7.8%€7.7m▲ 20.5%€6.2m▼ 20.1%€6.4m▲ 4.3%€6.6m▲ 3.2%
Debt€2.0m▼ 20.2%€2.8m▲ 43.8%€1.9m▼ 31.3%€2.4m▲ 21.6%€2.1m▼ 11.7%
Working capital€3.5m▼ 4.7%€4.0m▲ 16.2%€3.3m▼ 18.7%€3.3m▲ 2.1%€4.0m▲ 19.7%
Staff (FTE)24.7▲ 0.4%25.6▲ 3.6%27.5▲ 7.4%25.2▼ 8.4%23.3▼ 7.5%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,295% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.6m
Fixed assets
€575,829 ▼ 26.8%
Current assets
€6.1m ▲ 7.3%
Equity and liabilities €6.6m
Equity
€4.6m ▲ 11.8%
Debt
€2.1m ▼ 11.7%
Debt's share of the balance-sheet total falls from 36.7% to 31.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€877,578▲
2024 · €413,083
Cash flow
€780,299▲
2024 · €219,796
Current ratio
2.95▲
2024 · 2.45
Quick ratio
2.18▲
2024 · 1.86
Debt to equity
0.46▼
2024 · 0.58
ROE
10.5%▲
2024 · -3.7%
ROA
7.2%▲
2024 · -2.4%
Interest coverage
363.26▲
2024 · 53.52
Debt ≤ 1 year
€2.1m▼
2024 · €2.3m
Debt > 1 year
€21,908▼
2024 · €30,704
Income taxes
€1,380▲
2024 · €1,213
Staff costs
€1.6m▼
2024 · €1.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €15.0m | €9.9m | €11.6m | €12.2m | ▲ 4.9% |
| Turnover70 | €13.0m | €14.7m | €9.8m | €11.4m | €12.1m | ▲ 5.6% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €207,350 | -€77,836 | -€35,355 | €31,603 | ▲ 189% |
| Other operating income74 | - | €129,994 | €200,021 | €196,099 | €59,237 | ▼ 69.8% |
| Operating charges60/66A | - | €14.5m | €10.6m | €11.6m | €11.6m | ▲ 0.3% |
| Goods for resale, raw materials and consumables60 | - | €9.3m | €6.2m | €7.2m | €7.4m | ▲ 2.0% |
| Purchases600/8 | - | €9.9m | €6.1m | €7.0m | €7.5m | ▲ 7.3% |
| Change in stocks: decrease (increase)609 | - | -€611,676 | €48,190 | €188,399 | -€176,422 | ▼ 194% |
| Services and other goods61 | - | €3.1m | €2.1m | €2.1m | €2.2m | ▲ 8.3% |
| Remuneration, social security and pensions62 | - | €1.8m | €2.1m | €1.9m | €1.6m | ▼ 12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €206,968 | €306,598 | €336,701 | €371,708 | €300,425 | ▼ 19.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2,924 | -€8,416 | - | €12,041 | - |
| Other operating charges640/8 | - | €26,756 | €36,268 | €38,922 | €34,844 | ▼ 10.5% |
| Non-recurring operating charges66A | - | - | - | - | €6,085 | - |
| Operating profit (loss)9901 | €189,530 | €522,096 | -€695,690 | €41,375 | €577,154 | ▲ 1,295% |
| Financial income75/76B | - | €181,533 | €127,254 | €30,276 | €55,085 | ▲ 81.9% |
| Recurring financial income75 | €92,013 | €181,533 | €127,254 | €30,276 | €55,085 | ▲ 81.9% |
| Income from current assets751 | - | - | - | - | €0 | - |
| Other financial income752/9 | - | €181,533 | €127,254 | €30,276 | €55,085 | ▲ 81.9% |
| Financial charges65/66B | - | €76,310 | €95,827 | €222,351 | €150,984 | ▼ 32.1% |
| Recurring financial charges65 | €308,973 | €76,310 | €95,827 | €41,732 | €150,984 | ▲ 262% |
| Debt charges650 | €18,023 | €11,190 | €8,887 | €7,718 | €2,416 | ▼ 68.7% |
| Other financial charges652/9 | - | €65,119 | €86,940 | €34,013 | €148,568 | ▲ 337% |
| Non-recurring financial charges66B | - | - | - | €180,619 | - | - |
| Profit (loss) for the period before taxes9903 | -€27,430 | €627,319 | -€664,263 | -€150,699 | €481,255 | ▲ 419% |
| Income taxes67/77 | €6,511 | €174,414 | €675 | €1,213 | €1,380 | ▲ 13.8% |
| Taxes670/3 | - | €175,192 | €1,216 | €1,213 | €1,380 | ▲ 13.8% |
| Tax adjustments and reversals of tax provisions77 | - | €779 | €541 | - | - | - |
| Profit (loss) for the period9904 | -€33,941 | €452,906 | -€664,938 | -€151,912 | €479,874 | ▲ 416% |
| Profit (loss) for the period to be appropriated9905 | -€33,941 | €452,906 | -€664,938 | -€151,912 | €479,874 | ▲ 416% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.4m | €7.7m | €6.2m | €6.4m | €6.6m | ▲ 3.2% |
| Fixed assets21/28 | €1.0m | €942,355 | €988,951 | €786,911 | €575,829 | ▼ 26.8% |
| Intangible fixed assets21 | €11,519 | €7,214 | €2,910 | - | €45,270 | - |
| Tangible fixed assets22/27 | €991,424 | €935,141 | €986,041 | €786,911 | €530,559 | ▼ 32.6% |
| Land and buildings22 | - | €19,611 | €107,791 | €102,167 | €118,358 | ▲ 15.8% |
| Plant, machinery and equipment23 | - | €881,176 | €783,209 | €506,716 | €321,297 | ▼ 36.6% |
| Furniture and vehicles24 | - | €2,925 | €30,238 | €65,253 | €72,230 | ▲ 10.7% |
| Leasing and similar rights25 | - | €18,429 | €14,093 | €9,756 | - | - |
| Assets under construction and advance payments27 | - | €13,000 | €50,710 | €103,018 | €18,675 | ▼ 81.9% |
| Current assets29/58 | €5.4m | €6.8m | €5.2m | €5.7m | €6.1m | ▲ 7.3% |
| Stocks and contracts in progress3 | €890,713 | €1.7m | €1.6m | €1.4m | €1.6m | ▲ 15.2% |
| Stocks30/36 | - | €1.7m | €1.6m | €1.4m | €1.6m | ▲ 15.2% |
| Raw materials and consumables30/31 | - | €1.1m | €1.1m | €869,115 | €1.0m | ▲ 20.3% |
| Finished goods33 | - | €597,466 | €528,046 | €492,691 | €524,293 | ▲ 6.4% |
| Goods purchased for resale34 | - | €7,488 | €7,039 | €3,646 | €3,646 | = |
| Amounts receivable within one year40/41 | €4.1m | €4.5m | €3.2m | €4.0m | €4.1m | ▲ 1.2% |
| Trade receivables40 | - | €4.3m | €2.9m | €3.8m | €3.9m | ▲ 3.3% |
| Other amounts receivable41 | - | €200,607 | €330,267 | €291,693 | €216,113 | ▼ 25.9% |
| Cash at bank and in hand54/58 | €355,178 | €503,522 | €260,318 | €213,819 | €343,682 | ▲ 60.7% |
| Deferred charges and accrued income490/1 | - | €59,465 | €92,419 | €31,698 | €60,977 | ▲ 92.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.4m | €7.7m | €6.2m | €6.4m | €6.6m | ▲ 3.2% |
| Equity10/15 | €4.4m | €4.9m | €4.2m | €4.1m | €4.6m | ▲ 11.8% |
| Contributions10/11 | €64,000 | €64,000 | €64,000 | €64,000 | €64,000 | = |
| Capital10 | - | €64,000 | €64,000 | €64,000 | €64,000 | = |
| Issued capital100 | - | €64,000 | €64,000 | €64,000 | €64,000 | = |
| Reserves13 | €6,400 | €6,400 | €6,400 | €6,400 | €6,400 | = |
| Non-distributable reserves130/1 | - | €6,400 | €6,400 | €6,400 | €6,400 | = |
| Legal reserve130 | - | €6,400 | €6,400 | €6,400 | €6,400 | = |
| Profit (loss) carried forward14 | €4.4m | €4.8m | €4.2m | €4.0m | €4.5m | ▲ 12.0% |
| Amounts payable17/49 | €2.0m | €2.8m | €1.9m | €2.4m | €2.1m | ▼ 11.7% |
| Amounts payable after more than one year17 | - | €7,296 | - | €30,704 | €21,908 | ▼ 28.6% |
| Financial debts170/4 | - | €7,296 | - | €30,704 | €21,908 | ▼ 28.6% |
| Leasing and similar obligations172 | - | €7,296 | - | - | - | - |
| Credit institutions173 | - | - | - | €30,704 | €21,908 | ▼ 28.6% |
| Amounts payable within one year42/48 | €1.9m | €2.7m | €1.9m | €2.3m | €2.1m | ▼ 10.7% |
| Current portion of amounts payable after more than one year42 | - | €7,227 | €7,296 | €9,070 | €8,796 | ▼ 3.0% |
| Trade debts44 | €1.7m | €2.4m | €1.6m | €2.0m | €1.8m | ▼ 10.6% |
| Suppliers440/4 | - | €2.4m | €1.6m | €2.0m | €1.8m | ▼ 10.6% |
| Advances received on contracts in progress46 | - | - | - | €35,662 | €40,356 | ▲ 13.2% |
| Taxes, remuneration and social security45 | - | €371,619 | €345,629 | €273,667 | €233,349 | ▼ 14.7% |
| Taxes450/3 | - | €81,219 | €4,935 | €6,618 | €2,973 | ▼ 55.1% |
| Remuneration and social security454/9 | - | €290,401 | €340,694 | €267,049 | €230,376 | ▼ 13.7% |
| Accrued charges and deferred income492/3 | - | €74,358 | €40,570 | €29,626 | €8,200 | ▼ 72.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€33,941 | €452,906 | -€664,938 | -€151,912 | €479,874 | ▲ 416% |
| + Depreciation and write-downs630 | €206,968 | €306,598 | €336,701 | €371,708 | €300,425 | ▼ 19.2% |
| Operating cash flow (approximation) | €173,027 | €759,503 | -€328,237 | €219,796 | €780,299 | ▲ 255% |
| Investment in fixed assets (approximation) | - | -€246,010 | -€383,297 | -€169,668 | -€89,343 | ▲ 47.3% |
| Change in cash | - | €148,344 | -€243,204 | -€46,499 | €129,863 | ▲ 379% |
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
04-08
State Gazette act
Appointment: KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)Permanent representative: Xavier Nys · Mandate compensation4 facts ▸
State Gazette act
Appointment: KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)
Permanent representative: Xavier Nys · Mandate compensation4 facts ▸
- General meeting, 14/04/2026
- Auditor appointment, KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)
- Permanent representative, Xavier Nys
- Mandate compensation, KPMG Réviseurs d'Entreprises BV/SRL
14-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 135 days late
2025
30-04
Financial
Back to profitnet €479,874
Net result €479,874 after 2 loss-making years.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 90 days late
2023
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-04
Financial
Weakest financial yearnet -€664,938
Net result drops to -€664,938, the lowest in the series; recovery starts the following year.
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-04
Financial
Back to profitnet €452,906
Net result €452,906 after one loss-making year.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
20-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
10-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
30-09
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 30 acts read
About the unread acts
Of the 30 Belgian State Gazette acts we know for this company, 1 has been read. The other 29 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
Statutory auditor 1
KPMG Réviseurs d'Entreprises BV/SRL
CurrentStatutory auditor · since 04-08-2026 · perm. rep.: Xavier Nys
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 1993
Ground area
317 m²
Parcel 92083A0052/00N000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Roi Chevalier(MD) 1, 5024 Namur
since 19932.102.904.372
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92083A0052/00N000 | Wallonia | 317 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
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| KPMG Réviseurs d'Entreprises BV/SRL |
|
Recognitions · licences · registrations
Legal Entity Identifier
549300FVCUZU27AOK069
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Of 88 companies in sector 20412 we hold annual accounts for 57. 32 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded15-04-1993
Fiscal year end30-04
Activities, NACEBEL 2025
20140Manufacture of chemicals and chemical products
20412Manufacture of chemicals and chemical products
Scores and ratios are computed by Checked and are not a credit decision.