Turnover
≈ €140,000 estimated
The micro format states no turnover.
LUZPEN
Lifetime
18 annual accounts with figures on one time axispeak €68,321 (2024)
€66,951▼ 2.0%
lowest -€32,926 (2021)
€24,048▲ 61.5%
peak €94,952 (2020)
€67,946▲ 54.8%
€24,099▼ 50.8%
Board1 name since 2022
1 directorFERREIRA BRIGHAM Mauro Alexandre
Documentsfilings and deeds
28-10-20253 days before the deadline
2025micro format
Result from €14,888 to €24,048Equity from €43,897 to €67,946Debts from €48,934 to €24,099Cash from €52,290 to €121
Key points
from the 2025 annual accountsChecked score
69
Healthy
Financially stronger than 51% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: 0.3%▲ +0.3 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▼ -0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.6%▲ +0.3 percentage points vs 09-2026
11-2026: 0.8%▲ +0.2 percentage points vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2025 (filed on 28-10-2025)
Liquidity: current ratio 3.54, cash €121, halved
Size: total assets €92,045
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 73% of them on solvency, 20% on liquidity, 27% on profitability and 83% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as LUZPEN has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of LUZPEN itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for LUZPEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.54 (1.72 in 2024), above the usual 1.5. Short-term debt is 26.2% and cash 0.1% of total assets. 26.2% of the assets are financed with debt and provisions.
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Signals
Six signals.
lowers riskraises riskneutral
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 €67,946
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
2026
not filed
2025
3 days early
2024
2 days early
2023
5 days early
2022
6 days early
2021
18 days early
2020
12 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 8 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (1)
Recent changes
Company renamed from BHAM to Luzpen
Change of role: FERREIRA BRIGHAM Mauro Alexandre, from manager to director · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0887336501
Incorporation
published on 27-02-2007 · Gazette deed
First establishment
Canadastraat 44, Forest
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LUZPEN Forest | €92,045 | €66,951 | 73.8% | - |
| Swyzen en Bastijns Antwerp | €109,507 | €87,153 | 40.8% | - |
| DECOGEST Overijse | €77,598 | €45,588 | -128.8% | - |
| MAAT Gavere | €102,074 | €50,809 | 53.0% | - |
| ALL WATERS Tongeren-Borgloon | €64,243 | €63,680 | 18.9% | - |
| TIMMERMAN BINNENHUISARCHITECTUUR Aalter | €99,988 | €42,631 | 20.2% | - |
| Advies Peerlinck De Haan | €80,626 | €69,521 | 86.3% | - |
These companies have the same main activity as LUZPEN: activities of interior architects (NACE 71112). They are comparable in size and age: total assets between €64,200 and €110,000, founded between 2002 and 2012.
Official details
Source: KBO- Status
- Active since 19-02-2007Normal situation
- Activity
- Activities of interior architectsNACE 71112
- Establishment unit
- 2.160.663.3201190 Forest, since 01-02-2007
- Financial year end
- 31 March
- Peppol
- Reachable since 01-07-2024
Insights on LUZPEN
LUZPEN files the micro format. That format states no turnover. The gross margin rose from €3,377 in 2008 to €66,951 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LUZPEN
- What is the company number of LUZPEN?
- The company number of LUZPEN is 0887.336.501. The VAT number is the same number with BE in front: BE 0887.336.501.
- Where is LUZPEN based?
- The registered office is at Canadastraat 44, 1190 Forest.Company details
- What does LUZPEN do?
- According to the KBO register, the main activity is activities of interior architects (NACE 71112).
- What is the legal form of LUZPEN?
- LUZPEN is a private limited company (BV).
- When was LUZPEN founded?
- LUZPEN was founded on 19-02-2007.
- Is LUZPEN still active?
- Yes, LUZPEN is an active enterprise in the KBO register.
- What is the turnover of LUZPEN?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €66,951 and 45 comparable companies (NACE 711). It probably lies between €110,000 and €200,000.Financials
- Is LUZPEN profitable?
- In financial year 2025, LUZPEN made a profit of €24,048.
- Where can I find the annual accounts of LUZPEN?
- LUZPEN filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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