LUZPEN
ActiveLUZPEN has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €24k. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 71% of 9430 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+15
Solvency99▲+27
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.54 against 1.72 in 2024; short-term debt: 26.2% and cash: 0.1% of total assets), and 26.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €68k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
2 d early
2023
5 d early
2022
6 d early
2021
18 d early
2020
12 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€68k▲ 54.8%
2024 · €44k
2019: €60k
2020: €95k
2021: €62k
2022: €50k
2023: €29k
2024: €44k
2019 → 2025
Total assets
€92k▼ 0.8%
2024 · €93k
2019: €84k
2020: €139k
2021: €77k
2022: €61k
2023: €50k
2024: €93k
2019 → 2025
Net result
€24k▲ 61.5%
2024 · €15k
2019: €10k
2020: €35k
2021: €-33k
2022: €-12k
2023: €-21k
2024: €15k
2019 → 2025
Working capital
€61k▲ 74.4%
2024 · €35k
2019: €51k
2020: €87k
2021: €57k
2022: €46k
2023: €24k
2024: €35k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€50k▼ 19.5%€29k▼ 41.9%€44k▲ 51.3%€68k▲ 54.8%
Operating result€-3k-€50k€41k▼ 19.2%€66k▲ 61.0%€63k▼ 4.7%
Net result€-33k-€-12k▲ 63.2%€-21k▼ 72.8%€15k€24k▲ 61.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€7k▼ 23.2%
Current assets
€85k▲ 1.5%
Equity and liabilities €92k
Equity
€68k▲ 54.8%
Debt
€24k▼ 50.8%
The debt ratio falls from 52.7% to 26.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€66k▼
2024 · €68k
Cash flow
€28k▲
2024 · €17k
Solvency
73.8%▲
2024 · 47.3%
Current ratio
3.54▲
2024 · 1.72
Quick ratio
3.54▲
2024 · 1.72
Debt / equity
0.35▼
2024 · 1.11
ROE
35.4%▲
2024 · 33.9%
ROA
26.1%▲
2024 · 16.0%
Interest coverage
1.83▲
2024 · 1.38
Debt
€24k▼
2024 · €49k
Debt ≤ 1 year
€24k▼
2024 · €49k
Income taxes
€3k▲
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€93k€92k▼
Fixed assets21/28€9k€7k▼
Tangible fixed assets22/27€9k€7k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€6k€5k▼
Current assets29/58€84k€85k▲
Amounts receivable within one year40/41€31k€85k▲
Trade receivables40€31k€85k▲
Cash at bank and in hand54/58€52k€121▼
Deferred charges and accrued income490/1€595€437▼
Equity and liabilities
Total equity and liabilities10/49€93k€92k▼
Equity10/15€44k€68k▲
Contributions10/11€6k€6k=
Reserves13€32k€56k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€30k€56k▲
Profit (loss) carried forward14€6k€6k=
Amounts payable17/49€49k€24k▼
Amounts payable within one year42/48€49k€24k▼
Financial debts43-€755
Credit institutions430/8-€755
Trade debts44€9k€1k▼
Suppliers440/4€9k€1k▼
Taxes, remuneration and social security45€11k€15k▲
Taxes450/3€11k€15k▲
Other amounts payable47/48€28k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€585€842▲
Gross operating margin9900€68k€67k▼
Operating profit (loss)9901€66k€63k▼
Financial income75/76B€109€196▲
Recurring financial income75€109€196▲
Financial charges65/66B€49k€36k▼
Recurring financial charges65€49k€36k▼
Profit (loss) for the period before taxes9903€17k€27k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€15k€24k▲
Profit (loss) for the period to be appropriated9905€15k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€30k▲
Profit (loss) brought forward from the previous period14P€6k€6k=
Transfer to equity691/2€15k€24k▲
To other reserves6921€15k€24k▲
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
Next filing, fiscal year 2026, expected by
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 3.54
Current ratio from 1.72 to 3.54; short-term debt falls from €49k to €24k.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €15k
Net result €15k after 3 loss-making years.
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €-33k ▼193%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Highest result since 2019net €35k ▲268%
Net result €35k, the highest in the series.
2019
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
21-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 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, Vorst · 1 establishment unit since 2007
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.
Canadastraat 441190 VorstGround area
208 m²
Building footprint
199 m²
Volume, LiDAR
1,643 m³
Parcel 21007A0027/00M008, Brussels · tallest building 16.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Canadastraat 44, 1190 Vorst
since 20072.160.663.320
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0027/00M008 | Brussels | 208 m² | 1 · 199 m² | 16.3 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900SOYKGBWQS39005
Similar companies · same sector, comparable size
SCHRIJNWERKERIJ VERHELST
BE 0442.918.331
Kuurne · Eq €68k
DE INTERIEURDOKTER
BE 0765.804.211
Waregem · Eq €68k
Daniël F
BE 1021.845.213
Hasselt · Eq €68k
In Architectuur
BE 0743.752.646
Oudenaarde · Eq €68k
DETROIS
BE 0453.089.968
Ukkel · Eq €68k
Of 3,918 companies in sector 71112 we hold annual accounts for 1,295. 1,079 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-2007
Fiscal year end31-03
Activities, NACEBEL
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.