LUNA
ActiveLUNA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €-24k. Equity is growing by ~47% per year across the filed fiscal years. Its solvency ranks better than 13% of 8623 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-44
Solvency32▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.12 against 0.23 in 2024; short-term debt: 36% and cash: 3.6% of total assets), and 92.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
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
7.2%
Return on assets
-3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 8623 sector peers (2025).
NBB · sector comparisonPosition among 8623 sector peers
Solvency
better than 13%
← weakest
strongest →
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
45 d early
2023
47 d early
2022
41 d early
2021
30 d early
2020
23 d early
2019
9 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€57k▼ 29.8%
2024 · €82k
2018: €-77k
2019: €-52k
2020: €-22k
2021: €-18k
2022: €15k
2023: €54k
2024: €82k
2018 → 2025
Total assets
€800k▲ 47.5%
2024 · €542k
2018: €471k
2019: €222k
2020: €258k
2021: €600k
2022: €593k
2023: €597k
2024: €542k
2018 → 2025
Net result
€-24k
2024 · €29k
2018: €159k
2019: €25k
2020: €30k
2021: €5k
2022: €34k
2023: €41k
2024: €29k
2018 → 2025
Working capital
€-255k▼ 37.1%
2024 · €-186k
2018: €-286k
2019: €-250k
2020: €-210k
2021: €-305k
2022: €-261k
2023: €-218k
2024: €-186k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-18k-€15k€54k▲ 273%€82k▲ 50.2%€57k▼ 29.8%
Operating result€10k-€38k▲ 298%€45k▲ 18.3%€32k▼ 28.1%€-14k
Net result€5k-€34k▲ 529%€41k▲ 20.7%€29k▼ 29.9%€-24k
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 turns negative in 2025: a loss of €14k after €32k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €800k
Fixed assets
€766k▲ 56.9%
Current assets
€34k▼ 37.2%
Equity and liabilities €800k
Equity
€57k▼ 29.8%
Debt
€743k▲ 61.3%
The debt ratio rises from 84.9% to 92.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€20k▼
2024 · €58k
Cash flow
€10k▼
2024 · €55k
Solvency
7.2%▼
2024 · 15.1%
Current ratio
0.12▼
2024 · 0.23
Quick ratio
0.12▼
2024 · 0.23
Debt / equity
12.95▲
2024 · 5.64
ROE
-42.4%▼
2024 · 35.5%
ROA
-3.0%▼
2024 · 5.3%
Interest coverage
1.97▼
2024 · 17.06
Debt
€743k▲
2024 · €461k
Debt ≤ 1 year
€288k▲
2024 · €240k
Debt > 1 year
€454k▲
2024 · €221k
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€542k€800k▲
Fixed assets21/28€488k€766k▲
Tangible fixed assets22/27€488k€766k▲
Land and buildings22€485k€762k▲
Other tangible fixed assets26€4k€5k▲
Current assets29/58€54k€34k▼
Amounts receivable within one year40/41€10k€0▼
Trade receivables40€10k€0▼
Other amounts receivable41€1€0▼
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€38k€29k▼
Deferred charges and accrued income490/1€673€292▼
Equity and liabilities
Total equity and liabilities10/49€542k€800k▲
Equity10/15€82k€57k▼
Contributions10/11€942k€942k=
Capital10€942k€942k=
Issued capital100€942k€942k=
Reserves13€94k€94k=
Non-distributable reserves130/1€94k€94k=
Legal reserve130€94k€94k=
Profit (loss) carried forward14€-954k€-978k▼
Amounts payable17/49€461k€743k▲
Amounts payable after more than one year17€221k€454k▲
Financial debts170/4€221k€447k▲
Other amounts payable178/9-€8k
Amounts payable within one year42/48€240k€288k▲
Current portion of amounts payable after more than one year42€21k€35k▲
Trade debts44€4k€822▼
Suppliers440/4€4k€822▼
Taxes, remuneration and social security45€1k€1k▼
Taxes450/3€1k€1k▼
Other amounts payable47/48€214k€251k▲
Accrued charges and deferred income492/3€1€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€34k▲
Other operating charges640/8€4k€7k▲
Gross operating margin9900€63k€27k▼
Operating profit (loss)9901€32k€-14k▼
Financial income75/76B€4€0▼
Recurring financial income75€4€0▼
Financial charges65/66B€3k€10k▲
Recurring financial charges65€3k€10k▲
Profit (loss) for the period before taxes9903€29k€-24k▼
Profit (loss) for the period9904€29k€-24k▼
Profit (loss) for the period to be appropriated9905€29k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-952k€-978k▼
Profit (loss) brought forward from the previous period14P€-981k€-954k▲
Profit to be distributed694/7€2k€0▼
Return on contributions (dividend)694€2k€0▼
The notes to these accounts (12 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-24k ▼184%
Net result drops to €-24k, the lowest in the series.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Vorst · 1 establishment unit since 1998
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.
Télémachuslaan 581190 VorstGround area
256 m²
Building footprint
87 m²
Volume, LiDAR
1,160 m³
Parcel 21383B0020/00X040, Brussels · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Télémachuslaan 58, 1190 Vorst
since 19982.093.934.644
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0020/00X040 | Brussels | 256 m² | 1 · 87 m² | 16.7 m · 5 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 82,546 companies in sector 70200 we hold annual accounts for 52,574. 38,774 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-09-1998
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.