LUGH MANAGEMENT
ActiveLUGH MANAGEMENT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €309k and a net result of €40k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 38% of 7974 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
9 d early
2023
16 d early
2022
30 d late
2021
3 d early
2020
3 d early
2019
1 d early
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€309k▲ 14.9%
2024 · €269k
2018: €220k
2019: €306k
2020: €353k
2021: €444k
2022: €412k
2023: €434k
2024: €269k
2018 → 2025
Net result
€40k▲ 403%
2024 · €8k
2018: €30k
2019: €87k
2020: €48k
2021: €92k
2022: €-32k
2023: €24k
2024: €8k
2018 → 2025
Total assets
€848k▲ 6.6%
2024 · €796k
2018: €458k
2019: €583k
2020: €630k
2021: €762k
2022: €873k
2023: €907k
2024: €796k
2018 → 2025
Solvency
36.4%▲ 2.6pp
2024 · 33.8%
2018: 47.9%
2019: 52.5%
2020: 56.0%
2021: 58.3%
2022: 47.2%
2023: 47.9%
2024: 33.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€444k-€412k▼ 7.3%€434k▲ 5.5%€269k▼ 38.1%€309k▲ 14.9%
Operating result€129k-€118k▼ 8.8%€36k▼ 69.6%€24k▼ 32.4%€71k▲ 193%
Net result€92k-€-32k€24k€8k▼ 66.1%€40k▲ 403%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 193% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €848k
Fixed assets
€549k▲ 0.3%
Current assets
€299k▲ 20.6%
Equity and liabilities €848k
Equity
€309k▲ 14.9%
Provisions
€29k=
Debt
€510k▲ 2.5%
The debt ratio falls from 62.6% to 60.2%: equity grows faster than debt.
Key figures and ratios
Solvency
36.4%▲
2024 · 33.8%
ROE
13.0%▲
2024 · 3.0%
ROA
4.7%▲
2024 · 1.0%
Debt
€510k▲
2024 · €498k
Debt ≤ 1 year
€319k▲
2024 · €284k
Debt > 1 year
€184k▼
2024 · €205k
Income taxes
€21k▲
2024 · €5k
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€796k€848k▲
Fixed assets21/28€548k€549k▲
Tangible fixed assets22/27€22k€24k▲
Land and buildings22€4k€3k▼
Furniture and vehicles24€8k€11k▲
Other tangible fixed assets26€10k€10k▼
Financial fixed assets28€526k€526k=
Current assets29/58€248k€299k▲
Amounts receivable after more than one year29€120k€120k=
Other amounts receivable291€120k€120k=
Amounts receivable within one year40/41€46k€92k▲
Trade receivables40€22k€69k▲
Other amounts receivable41€23k€23k=
Current investments50/53€25k€56k▲
Cash at bank and in hand54/58€58k€31k▼
Equity and liabilities
Total equity and liabilities10/49€796k€848k▲
Equity10/15€269k€309k▲
Contributions10/11€6k€6k=
Reserves13€263k€303k▲
Distributable reserves133€263k€303k▲
Provisions and deferred taxes16€29k€29k=
Provisions for liabilities and charges160/5€29k€29k=
Pensions and similar obligations160€29k€29k=
Amounts payable17/49€498k€510k▲
Amounts payable after more than one year17€205k€184k▼
Financial debts170/4€205k€184k▼
Amounts payable within one year42/48€284k€319k▲
Current portion of amounts payable after more than one year42€21k€21k▲
Trade debts44€10k€70k▲
Suppliers440/4€10k€70k▲
Taxes, remuneration and social security45€7k€16k▲
Taxes450/3€7k€16k▲
Other amounts payable47/48€246k€212k▼
Accrued charges and deferred income492/3€9k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€31k€80k▲
Operating profit (loss)9901€24k€71k▲
Financial income75/76B€8k€8k▼
Recurring financial income75€8k€8k▼
Financial charges65/66B€20k€18k▼
Recurring financial charges65€18k€18k▼
Non-recurring financial charges66B€2k-
Profit (loss) for the period before taxes9903€13k€61k▲
Income taxes67/77€5k€21k▲
Profit (loss) for the period9904€8k€40k▲
Profit (loss) for the period to be appropriated9905€8k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€40k▲
Transfer from equity791/2€173k-
Transfer to equity691/2€8k€40k▲
To other reserves6921€8k€40k▲
Profit to be distributed694/7€173k-
Return on contributions (dividend)694€173k-
The notes to these accounts (8 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
State Gazette act
General meeting · Director appointment
Permanent representative
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-32k ▼134%
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €92k ▲93.4%
Net result €92k, the highest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB 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, Genk · 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.
Wiekstraat 793600 GenkGround area
1,357 m²
Building footprint
119 m²
Volume, LiDAR
684 m³
Parcel 71306G0221/00Z102, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wiekstraat 79, 3600 Genk
since 20072.167.603.570
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71306G0221/00Z102 | Flanders | 1,357 m² | 1 · 119 m² | 8.7 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.
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Of 24,637 companies in sector 64210 we hold annual accounts for 19,690. 13,731 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2007
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.