LUMADEC
ActiveSummary
LUMADEC has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88k and a net result of €7k. Equity is shrinking by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 93% of 2008 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 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
Profitability77▼-2
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.88 against 0.38 in 2024; short-term debt: 6.9% and cash: 15.6% of total assets), and 9.4% 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.
−lowers 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.6%
Return on assets
6.9%
Age of the figures
9 mo
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
1819202122232425
2018 to 2025 · latest year €88k
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
35 d early
2023
6 d early
2022
18 d early
2021
11 d early
2020
50 d early
2019
120 d early
← 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, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€88k▲ 8.2%
2024 · €81k
2018: €223k
2019: €153k
2020: €112k
2021: €60k
2022: €68k
2023: €74k
2024: €81k
2018 → 2025
Total assets
€97k▲ 6.2%
2024 · €92k
2018: €234k
2019: €188k
2020: €136k
2021: €119k
2022: €111k
2023: €94k
2024: €92k
2018 → 2025
Net result
€7k▼ 12.1%
2024 · €8k
2018: €55k
2019: €-32k
2020: €-41k
2021: €-3k
2022: €8k
2023: €6k
2024: €8k
2018 → 2025
Working capital
€13k
2024 · €-5k
2018: €69k
2019: €28k
2020: €-3k
2021: €-48k
2022: €-34k
2023: €-17k
2024: €-5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€68k▲ 13.0%€74k▲ 8.9%€81k▲ 10.3%€88k▲ 8.2%
Operating result€-2k-€9k€7k▼ 19.1%€9k▲ 23.2%€7k▼ 12.5%
Net result€-3k-€8k€6k▼ 23.0%€8k▲ 26.4%€7k▼ 12.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €97k
Fixed assets
€78k ▼ 12.0%
Current assets
€19k ▲ 565%
Equity and liabilities €97k
Equity
€88k ▲ 8.2%
Debt
€9k ▼ 10.1%
Debt's share of the balance-sheet total falls from 11.1% to 9.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▼
2024 · €21k
Cash flow
€17k▼
2024 · €20k
Current ratio
2.88▲
2024 · 0.38
Debt to equity
0.10▼
2024 · 0.13
ROE
7.6%▼
2024 · 9.3%
ROA
6.9%▼
2024 · 8.3%
Interest coverage
74.82▲
2024 · 74.11
Debt ≤ 1 year
€7k▼
2024 · €8k
Income taxes
€543▼
2024 · €650
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€92k€97k▲
Fixed assets21/28€89k€78k▼
Tangible fixed assets22/27€89k€78k▼
Land and buildings22€85k€75k▼
Furniture and vehicles24€288€0▼
Other tangible fixed assets26€3k€3k=
Current assets29/58€3k€19k▲
Amounts receivable within one year40/41€241€3k▲
Trade receivables40€241€3k▲
Other amounts receivable41-€707
Cash at bank and in hand54/58€2k€15k▲
Deferred charges and accrued income490/1€307€690▲
Equity and liabilities
Total equity and liabilities10/49€92k€97k▲
Equity10/15€81k€88k▲
Contributions10/11€152k€152k=
Reserves13€20k€20k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€-91k€-85k▲
Amounts payable17/49€10k€9k▼
Amounts payable within one year42/48€8k€7k▼
Trade debts44€608€2k▲
Suppliers440/4€608€2k▲
Taxes, remuneration and social security45€1k€766▼
Taxes450/3€1k€766▼
Other amounts payable47/48€6k€4k▼
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€10k▼
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A-€288
Gross operating margin9900€24k€21k▼
Operating profit (loss)9901€9k€7k▼
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€278€238▼
Recurring financial charges65€278€238▼
Profit (loss) for the period before taxes9903€8k€7k▼
Income taxes67/77€650€543▼
Profit (loss) for the period9904€8k€7k▼
Profit (loss) for the period to be appropriated9905€8k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-91k€-85k▲
Profit (loss) brought forward from the previous period14P€-99k€-91k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (7 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity times 8current ratio 2.88
Current ratio from 0.38 to 2.88; short-term debt falls from €8k to €7k.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after 3 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-41k
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
02-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oudenaarde · 1 establishment unit since 1995
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.
Berchemweg 1399700 OudenaardeGround area
4,868 m²
Building footprint
414 m²
Volume, LiDAR
1,858 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LUMADEC
since 19952.073.662.337
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45023A1403/00B002 | Flanders | 2,441 m² | 1 · 163 m² | 8.7 m · 2 fl. |
| 45023A1403/00N002 | Flanders | 2,427 m² | 1 · 251 m² | 5.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
8755009FGQ03KF5ZA383
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Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 5,205 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
Founded30-09-1995
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.