Full dossier in preparation
Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Process with priority
Sign in free to move this company to the front.
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for LUVICUS according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €37k and a net result of €-17k.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 events07-11-2025
Bankruptcy
Opening
Signals
1 signal · with evidenceWeak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11087 sector peers (2024).
View the sector comparison Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsRegister: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Financials
Turnover€552k+20.8%
EBIT margin-2.4%-9.4pp
Net result€-17k
Working capital€38k-43.8%
Directors1
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 31-07-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 16.3% | 40.9% | |
| Net result | €-17k | €11k | |
| Equity | €37k | €34k | |
| Gross operating margin | €150k | €35k | |
| Staff costs | €145k | €25k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€552k
+20.8%
23-24
€4k
-91.0%
-87% vs sector
€-17k
-
far below sector median
€276
-99.2%
-99% vs sector
€226k
-9.2%
+78% vs sector
€37k
-31.8%
-41% vs sector
€38k
-43.8%
-17% vs sector
3
+200.0%
23-24
€145k
+254.5%
far above sector median
€339
-95.1%
-88% vs sector
€189k
-2.9%
+237% vs sector
€146k
+6.7%
+268% vs sector
€43k
-25.0%
+147% vs sector
1.26
-15.5%
-51% vs sector
0.58
-42.4%
-77% vs sector
16.3%
-24.9%
-71% vs sector
5.13
+42.4%
far above sector median
-46.6%
-
far below sector median
-7.6%
-
far below sector median
-3.1%
-
23-24
0.7%
-92.6%
23-24
1.18
-97.2%
-95% vs sector
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | €552k |
| EBITDA | €4k |
| Net profit | €-17k |
| Cash flow | €276 |
| Staff costs | €145k |
| Income taxes | €339 |
| Dividends | - |
| Total assets | €226k |
| Equity | €37k |
| Debt | €189k |
| of which ≤ 1y | €146k |
| of which > 1y | €43k |
| Working capital | €38k |
| Employees (FTE) | 2.7 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.26 |
| Quick ratio | 0.58 |
| Working capital ratio | 16.6% |
| Solvency | 16.3% |
| Debt / equity | 5.13 |
| Long-term debt ratio | 1.17 |
| Interest coverage | 1.18 |
| Gross margin | 27.2% |
| Net margin | -3.1% |
| ROA | -7.6% |
| ROE | -46.6% |
| EBITDA margin | 0.7% |
| Days sales outstanding | 43d |
| Days payable outstanding | 58d |
| Inventory turnover | 4.09 |
| Days inventory (DSI) | 89d |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €226k |
| Fixed assets | 21/28 | €43k |
| Intangible fixed assets | 21 | €6k |
| Tangible fixed assets | 22/27 | €36k |
| Current assets | 29/58 | €184k |
| Stocks & contracts in progress | 3 | €98k |
| Amounts receivable within one year | 40/41 | €80k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €226k |
| Equity | 10/15 | €37k |
| Contributions / capital | 10/11 | €30k |
| Reserves | 13 | €7k |
| Amounts payable | 17/49 | €189k |
| Amounts payable after one year | 17 | €43k |
| Amounts payable within one year | 42/48 | €146k |
| Trade debts payable within one year | 44 | €63k |
| Income statement | ||
| Turnover | 70 | €552k |
| Gross operating margin | 9900 | €150k |
| Operating result | 9901 | €-14k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-17k |
| Income taxes | 67/77 | €339 |
| Net result for the period | 9904 | €-17k |
| Result to be appropriated | 9905 | €-17k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed0
/ 100
Critical
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Directors
Directors & mandates
No directors on record
No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | PETRA SEYMOENS EDINGSESTEENWEG 268,
9400 NINOVE |
03-11-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Algemene elektrotechnische installatiewerken(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 21-02-2023 |
| Status | Active |
| Postal code | 9200 |
| First BS signal | 07-11-2025 |
| Latest BS signal | 07-11-2025 |
Structure & network
Company structure: linked entities
1 linked entityMandates
↔
1
of these mandate-holders are active on other cases, click any red card to open that KBO.
Locations & real estate
Registered office
on the map · from the address register
seat.Municipality
exact location from the address register
Establishment units
1 locationLUVICUS
since 20232.344.027.269
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area432 m²
Buildings2
Building footprint142 m²
Volume (LiDAR)704 m³
Tallest building10.5 m · ±1 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42006E0171/00E000 | Flanders | 285 m² | 1 · 71 m² | 6.3 m · 1 fl. |
| 42021B0050/00L006 | Flanders | 146 m² | 1 · 71 m² | 10.5 m · 1 fl. |
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.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette07-11-2025
Bankruptcy
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette · acts
No structured acts for this company yet
That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.
Analysis
Snowflake analysis
financial profile on 5 axes17
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
4
Solvency
28
Growth
55
Stability
0
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soonAI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, nearest firstCompany registry
Company registry (CBE)
Crossroads BankActivities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Algemene bouw van residentiële gebouwen41001Algemene bouw van andere niet-residentiële gebouwen41003Algemene bouw van residentiële gebouwen41201Algemene bouw van andere niet-residentiële gebouwen41203Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Installatie van isolatie43230Isolatiewerkzaamheden43291
Primary activity highlighted.
Names & trade names
| Legal nameNL | LUVICUS |
Registered office
Buisstraat (STG) 10
9200 Dendermonde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.