DE LUZE
ActiveSummary
The computed 12-month bankruptcy probability of DE LUZE is 3.7% (moderate). The 2025 annual accounts show equity of €83k and a net result of €-25k. Equity is growing by ~33.6% per year across the filed fiscal years. Its solvency ranks better than 91% of 7453 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-93
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity ample (current ratio 6.44 against 4.44 in 2024; short-term debt: 15.2% and cash: 1.9% of total assets), and 15.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
84.8%
Return on assets
-25.6%
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 05-08-2026, 5 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 · 7 filingsDeviation from the deadline
2025
5 d late
2024
29 d late
2023
92 d late
2022
142 d late
2021
29 d late
2020
123 d late
2019
488 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€83k▼ 23.2%
2024 · €108k
2019: €-450
2020: €26k
2021: €40k
2022: €56k
2023: €81k
2024: €108k
2019 → 2025
Total assets
€97k▼ 29.5%
2024 · €138k
2019: €3k
2020: €67k
2021: €80k
2022: €113k
2023: €99k
2024: €138k
2019 → 2025
Net result
€-25k
2024 · €27k
2019: €-4k
2020: €27k
2021: €14k
2022: €16k
2023: €24k
2024: €27k
2019 → 2025
Working capital
€80k▼ 23.1%
2024 · €105k
2019: €-351
2020: €24k
2021: €37k
2022: €54k
2023: €80k
2024: €105k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€56k▲ 40.6%€81k▲ 43.3%€108k▲ 33.5%€83k▼ 23.2%
Operating result€17k-€19k▲ 12.8%€30k▲ 57.7%€32k▲ 5.2%€-32k
Net result€14k-€16k▲ 18.4%€24k▲ 49.8%€27k▲ 11.0%€-25k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €32k after €32k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €97k
Fixed assets
€2k ▼ 30.8%
Current assets
€95k ▼ 29.5%
Equity and liabilities €97k
Equity
€83k ▼ 23.2%
Debt
€15k ▼ 51.8%
Debt's share of the balance-sheet total falls from 22.2% to 15.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-31k▼
2024 · €33k
Cash flow
€-24k▼
2024 · €28k
Current ratio
6.44▲
2024 · 4.44
Debt to equity
0.18▼
2024 · 0.28
ROE
-30.2%▼
2024 · 25.1%
ROA
-25.6%▼
2024 · 19.5%
Interest coverage
-171.40▼
2024 · 161.93
Debt ≤ 1 year
€15k▼
2024 · €30k
Income taxes
€27▼
2024 · €12k
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€138k€97k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€135k€95k▼
Amounts receivable within one year40/41€126k€93k▼
Other amounts receivable41€126k€93k▼
Cash at bank and in hand54/58€9k€2k▼
Equity and liabilities
Total equity and liabilities10/49€138k€97k▼
Equity10/15€108k€83k▼
Contributions10/11€3k€3k=
Reserves13€51k€51k=
Distributable reserves133€51k€51k=
Profit (loss) carried forward14€53k€28k▼
Amounts payable17/49€31k€15k▼
Amounts payable within one year42/48€30k€15k▼
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Taxes, remuneration and social security45€25k€11k▼
Taxes450/3€25k€11k▼
Accrued charges and deferred income492/3€225-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€587€439▼
Gross operating margin9900€33k€-30k▼
Operating profit (loss)9901€32k€-32k▼
Financial income75/76B€8k€7k▼
Recurring financial income75€8k€7k▼
Financial charges65/66B€202€179▼
Recurring financial charges65€202€179▼
Profit (loss) for the period before taxes9903€39k€-25k▼
Income taxes67/77€12k€27▼
Profit (loss) for the period9904€27k€-25k▼
Profit (loss) for the period to be appropriated9905€27k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€28k▼
Profit (loss) brought forward from the previous period14P€53k€53k=
Transfer to equity691/2€27k-
To other reserves6921€27k-
The notes to these accounts (4 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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
31-12
Financial
Weakest financial yearnet €-25k ▼192%
Net result drops to €-25k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2019net €27k ▲11%
Net result €27k, the highest in the series.
31-12
Financial
Equity above €100kEq €108k ▲33.5%
5 profitable years in a row build equity to €108k.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 5.40
Current ratio from 1.95 to 5.40; short-term debt falls from €57k to €18k.
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 142 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
01-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 123 days late
01-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 488 days late
2020
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Elsene · 1 establishment unit since 2019
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.
Louizalaan 1881050 ElseneGround area
185 m²
Building footprint
117 m²
Volume, LiDAR
1,984 m³
Parcel 21807G0136/00Z000, Brussels · tallest building 27.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Louizalaan 188, 1050 Elsene
since 20192.354.288.681
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0136/00Z000 | Brussels | 185 m² | 1 · 117 m² | 27.7 m · 6 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.
Similar companies · same sector, comparable size
ELB CONSTRUCT
BE 0887.928.991
Paliseul · Eq €82,715
DESIGN CONSTRUCT A&M
BE 0544.715.871
Oupeye · Eq €82,695
MAENHOUT RENOVEERT APPARTEMENTEN
BE 0788.647.018
Blankenberge · Eq €82,718
ANH BOND CONSTRUCT
BE 0776.510.437
Dilbeek · Eq €82,690
RE-ALL Bouw
BE 0863.855.472
Oosterzele · Eq €82,690
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,191 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.