Luto Projects
ActiveLuto Projects has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €216k and a net result of €-38k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 2154 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-87
Solvency91▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.95 against 3.08 in 2024; short-term debt: 33.6% and cash: 89.6% of total assets), and 34.2% 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.
−lowers risk+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
51 d early
2023
126 d early
2022
49 d early
2021
61 d late
2020
30 d late
2019
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€216k▼ 14.9%
2024 · €254k
2018: €136k
2019: €236k
2020: €178k
2021: €255k
2022: €328k
2023: €254k
2024: €254k
2018 → 2025
Total assets
€329k▼ 11.4%
2024 · €371k
2018: €752k
2019: €748k
2020: €648k
2021: €720k
2022: €904k
2023: €884k
2024: €371k
2018 → 2025
Net result
€-38k
2024 · €66k
2018: €36k
2019: €100k
2020: €-58k
2021: €65k
2022: €73k
2023: €162k
2024: €66k
2018 → 2025
Working capital
€215k▼ 9.8%
2024 · €239k
2018: €117k
2019: €216k
2020: €252k
2021: €298k
2022: €308k
2023: €531k
2024: €239k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€255k-€328k▲ 28.5%€254k▼ 22.5%€254k=€216k▼ 14.9%
Operating result€79k-€110k▲ 39.8%€245k▲ 122%€89k▼ 63.8%€-37k
Net result€65k-€73k▲ 12.8%€162k▲ 123%€66k▼ 59.5%€-38k
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 €37k after €89k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €329k
Fixed assets
€3k▼ 83.6%
Current assets
€326k▼ 7.9%
Equity and liabilities €329k
Equity
€216k▼ 14.9%
Debt
€112k▼ 3.8%
The debt ratio rises from 31.5% to 34.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-36k▼
2024 · €93k
Cash flow
€-37k▼
2024 · €70k
Solvency
65.8%▼
2024 · 68.5%
Current ratio
2.95▼
2024 · 3.08
Quick ratio
2.76▲
2024 · 1.38
Debt / equity
0.52▲
2024 · 0.46
ROE
-17.5%▼
2024 · 25.8%
ROA
-11.5%▼
2024 · 17.7%
Interest coverage
-24.81▼
2024 · 21.43
Debt
€112k▼
2024 · €117k
Debt ≤ 1 year
€110k▼
2024 · €115k
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€371k€329k▼
Fixed assets21/28€17k€3k▼
Tangible fixed assets22/27€15k€852▼
Plant, machinery and equipment23€15k€852▼
Financial fixed assets28€2k€2k=
Current assets29/58€354k€326k▼
Stocks and contracts in progress3€195k€22k▼
Stocks30/36€195k€22k▼
Amounts receivable within one year40/41€61k€10k▼
Trade receivables40€2k€2k=
Other amounts receivable41€59k€8k▼
Cash at bank and in hand54/58€98k€294k▲
Equity and liabilities
Total equity and liabilities10/49€371k€329k▼
Equity10/15€254k€216k▼
Contributions10/11€19k€19k=
Reserves13€236k€236k=
Distributable reserves133€236k€236k=
Profit (loss) carried forward14-€-38k
Amounts payable17/49€117k€112k▼
Amounts payable within one year42/48€115k€110k▼
Trade debts44€7k€7k▲
Suppliers440/4€7k€7k▲
Taxes, remuneration and social security45€52k€48k▼
Taxes450/3€52k€48k▼
Other amounts payable47/48€56k€56k▲
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€928▼
Other operating charges640/8€763€723▼
Gross operating margin9900€94k€-35k▼
Operating profit (loss)9901€89k€-37k▼
Financial income75/76B€3k€393▼
Recurring financial income75€3k€393▼
Financial charges65/66B€4k€1k▼
Recurring financial charges65€4k€1k▼
Profit (loss) for the period before taxes9903€88k€-38k▼
Income taxes67/77€22k-
Profit (loss) for the period9904€66k€-38k▼
Profit (loss) for the period to be appropriated9905€66k€-38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€-38k▼
Profit to be distributed694/7€66k-
Return on contributions (dividend)694€66k-
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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €162k ▲123%
Operating result €245k, net result €162k, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-12
Financial
Back to profitnet €65k
Net result €65k after one loss-making year.
31-12
Financial
Equity above €200kEq €255k ▲43.2%
Equity rises from €178k to €255k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-58k ▼158%
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Equity above €200kEq €236k ▲73.3%
2 profitable years in a row build equity to €236k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
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, Lommel · 1 establishment unit since 2015
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.
Einde 1323920 LommelGround area
938 m²
Building footprint
133 m²
Volume, LiDAR
886 m³
Parcel 72020C0873/00E000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Einde 132, 3920 Lommel
since 20152.241.575.176
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C0873/00E000 | Flanders | 938 m² | 1 · 133 m² | 9.1 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.
Similar companies · same sector, comparable size
VALLA GROUP
BE 0554.694.302
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D&G STUDIO
BE 0448.701.412
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VRIJSEN
BE 0462.948.336
Houthalen-Helchteren · Eq €216k
CUSIBATI
BE 0787.443.129
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M-CONSTRUCT
BE 0888.983.323
Edegem · Eq €217k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 11,889 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
43410Roofing work
68110Buying and selling of own real estate
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.