Restaurant Luma
ActiveThe computed 12-month bankruptcy probability of Restaurant Luma is 4.4% (elevated). The 2025 annual accounts show equity of €55k and a net result of €-12k. Its solvency ranks better than 41% of 3619 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-51
Solvency46▼-4
Growth32
Track record82
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.08 against 1.39 in 2024; short-term debt: 39.3% and cash: 34.1% of total assets), and 79.3% 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.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
20.7%
Return on assets
-4.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€55k▼ 17.3%
2024 · €67k
2024: €67k
2024 → 2025
Total assets
€267k▲ 1.2%
2024 · €264k
2024: €264k
2024 → 2025
Net result
€-12k
2024 · €49k
2024: €49k
2024 → 2025
Working capital
€8k▼ 78.6%
2024 · €37k
2024: €37k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€67k-€55k▼ 17.3%
Operating result€71k-€-5k
Net result€49k-€-12k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €71k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €267k
Fixed assets
€154k▲ 18.3%
Current assets
€113k▼ 15.5%
Equity and liabilities €267k
Equity
€55k▼ 17.3%
Debt
€211k▲ 7.5%
The debt ratio rises from 74.6% to 79.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€22k▼
2024 · €88k
Cash flow
€15k▼
2024 · €65k
Solvency
20.7%▼
2024 · 25.4%
Current ratio
1.08▼
2024 · 1.39
Quick ratio
0.95▼
2024 · 1.23
Debt / equity
3.82▲
2024 · 2.94
ROE
-20.9%▼
2024 · 72.6%
ROA
-4.3%▼
2024 · 18.4%
Interest coverage
3.28▼
2024 · 12.11
Debt
€211k▲
2024 · €197k
Debt ≤ 1 year
€105k▲
2024 · €96k
Debt > 1 year
€100k▲
2024 · €99k
Income taxes
€241▼
2024 · €16k
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€264k€267k▲
Fixed assets21/28€130k€154k▲
Tangible fixed assets22/27€130k€153k▲
Plant, machinery and equipment23€76k€71k▼
Furniture and vehicles24€53k€82k▲
Financial fixed assets28€360€1k▲
Current assets29/58€133k€113k▼
Stocks and contracts in progress3€15k€14k▼
Stocks30/36€15k€14k▼
Amounts receivable within one year40/41€12k€8k▼
Trade receivables40€8k€5k▼
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€107k€91k▼
Deferred charges and accrued income490/1€325€396▲
Equity and liabilities
Total equity and liabilities10/49€264k€267k▲
Equity10/15€67k€55k▼
Contributions10/11€20k€20k=
Reserves13€47k€47k=
Distributable reserves133€47k€47k=
Profit (loss) carried forward14-€-12k
Amounts payable17/49€197k€211k▲
Amounts payable after more than one year17€99k€100k▲
Financial debts170/4€79k€80k▲
Other amounts payable178/9€20k€20k=
Amounts payable within one year42/48€96k€105k▲
Current portion of amounts payable after more than one year42€13k€26k▲
Trade debts44€21k€20k▼
Suppliers440/4€21k€20k▼
Advances received on contracts in progress46€1k€1k=
Taxes, remuneration and social security45€11k€6k▼
Taxes450/3€11k€6k▼
Other amounts payable47/48€50k€52k▲
Accrued charges and deferred income492/3€2k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€27k▲
Other operating charges640/8€883€2k▲
Gross operating margin9900€89k€23k▼
Operating profit (loss)9901€71k€-5k▼
Financial income75/76B€371€264▼
Recurring financial income75€371€264▼
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€64k€-11k▼
Income taxes67/77€16k€241▼
Profit (loss) for the period9904€49k€-12k▼
Profit (loss) for the period to be appropriated9905€49k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€-12k▼
Transfer to equity691/2€47k-
To other reserves6921€47k-
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-
The notes to these accounts (17 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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
NBB filing
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, Kortrijk · 1 establishment unit since 2023
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.
Sint-Katharinastraat(Heu) 768501 KortrijkGround area
639 m²
Building footprint
178 m²
Volume, LiDAR
738 m³
Parcel 34016B0180/00P002, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Restaurant Luma
since 20232.352.936.522
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016B0180/00P002 | Flanders | 639 m² | 1 · 178 m² | 10.5 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
Food safety, FASFC
1 siteKortrijk2.352.936.522
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 9,864 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2023
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.luma-heule.be
E-mail:luma-heule@outlook.be