LUXIN
ActiveThe computed 12-month bankruptcy probability of LUXIN is 1.8% (moderate). The 2025 annual accounts show equity of €66k and a net result of €-22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 45% of 13270 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+34
Solvency49▼-15
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.76 in 2024; short-term debt: 51.1% and cash: 10% of total assets), and 75.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
24.3%
Return on assets
-8.1%
Age of the figures
12 mo
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-22k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-03-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
on the day
2023
10 d late
2022
2 d late
2021
5 d early
2020
27 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€66k▼ 46.2%
2024 · €122k
2018: €79k
2019: €32k
2020: €39k
2021: €116k
2022: €146k
2023: €165k
2024: €122k
2018 → 2025
Total assets
€270k▼ 14.1%
2024 · €314k
2018: €204k
2019: €148k
2020: €149k
2021: €205k
2022: €247k
2023: €290k
2024: €314k
2018 → 2025
Net result
€-22k▲ 48.6%
2024 · €-43k
2018: €57k
2019: €30k
2020: €7k
2021: €77k
2022: €30k
2023: €18k
2024: €-43k
2018 → 2025
Working capital
€16k▼ 78.9%
2024 · €75k
2018: €18k
2019: €-21k
2020: €4k
2021: €78k
2022: €114k
2023: €104k
2024: €75k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€116k-€146k▲ 26.3%€165k▲ 12.5%€122k▼ 25.9%€66k▼ 46.2%
Operating result€98k-€44k▼ 55.2%€27k▼ 39.3%€-37k€-15k▲ 60.3%
Net result€77k-€30k▼ 60.5%€18k▼ 40.0%€-43k€-22k▲ 48.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2025 against €37k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €270k
Fixed assets
€116k▼ 16.9%
Current assets
€154k▼ 11.9%
Equity and liabilities €270k
Equity
€66k▼ 46.2%
Debt
€204k▲ 6.3%
The debt ratio rises from 61.1% to 75.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€24k▲
2024 · €-3k
Cash flow
€17k▲
2024 · €-9k
Solvency
24.3%▼
2024 · 38.9%
Current ratio
1.12▼
2024 · 1.76
Quick ratio
1.02▼
2024 · 1.64
Debt / equity
3.11▲
2024 · 1.57
ROE
-33.4%▲
2024 · -34.9%
ROA
-8.1%▲
2024 · -13.6%
Interest coverage
3.26▲
2024 · -0.60
Debt
€204k▲
2024 · €192k
Debt ≤ 1 year
€138k▲
2024 · €99k
Debt > 1 year
€65k▼
2024 · €91k
Income taxes
€265▲
2024 · €210
Staff costs
€182k▼
2024 · €200k
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€314k€270k▼
Fixed assets21/28€139k€116k▼
Intangible fixed assets21-€7k
Tangible fixed assets22/27€139k€108k▼
Land and buildings22€22k€20k▼
Plant, machinery and equipment23€43k€35k▼
Furniture and vehicles24€73k€54k▼
Current assets29/58€174k€154k▼
Stocks and contracts in progress3€13k€14k▲
Stocks30/36€13k€14k▲
Amounts receivable within one year40/41€47k€34k▼
Trade receivables40€31k€13k▼
Other amounts receivable41€16k€20k▲
Current investments50/53€77k€77k=
Cash at bank and in hand54/58€36k€27k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€314k€270k▼
Equity10/15€122k€66k▼
Contributions10/11€22k€1▼
Reserves13€126k€126k=
Distributable reserves133€126k€126k=
Profit (loss) carried forward14€-26k€-60k▼
Amounts payable17/49€192k€204k▲
Amounts payable after more than one year17€91k€65k▼
Financial debts170/4€91k€65k▼
Amounts payable within one year42/48€99k€138k▲
Current portion of amounts payable after more than one year42€25k€27k▲
Trade debts44€37k€40k▲
Suppliers440/4€37k€40k▲
Taxes, remuneration and social security45€36k€32k▼
Taxes450/3€16k€15k▼
Remuneration and social security454/9€19k€17k▼
Other amounts payable47/48€775€39k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€200k€182k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€39k▲
Other operating charges640/8€7k€3k▼
Gross operating margin9900€203k€209k▲
Operating profit (loss)9901€-37k€-15k▲
Financial income75/76B€123€483▲
Recurring financial income75€123€483▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€-42k€-22k▲
Income taxes67/77€210€265▲
Profit (loss) for the period9904€-43k€-22k▲
Profit (loss) for the period to be appropriated9905€-43k€-22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-60k▼
Profit (loss) brought forward from the previous period14P€17k€-38k▼
Transfer from equity791/2€2k€0▼
Transfer to equity691/2€2k€0▼
To contributions691€2k€0▼
Profit to be distributed694/7-€0
Return on contributions (dividend)694-€0
The notes to these accounts (14 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
10-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-43k ▼333%
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
10-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 10 days late
2023
30-09
Financial
Equity above €150kEq €165k ▲12.5%
6 profitable years in a row build equity to €165k.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €77k ▲1030%
Operating result €98k, net result €77k, both a record.
30-09
Financial
Equity above €100kEq €116k ▲198%
4 profitable years in a row build equity to €116k.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Kortrijk · 1 establishment unit since 2014
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.
Noordstraat(Kor) 28A8500 KortrijkGround area
2,281 m²
Building footprint
1,224 m²
Parcel 34352A0020/00X006, Flanders. Linked by address, not a title deed.
1 establishment unit
Kaffee Damast
since 20142.235.981.345
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352A0020/00X006 | Flanders | 2,280 m² | 1 · 1,224 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 2,500 EUR awarded · 2,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortrijk2.235.981.345
Dual-learning approval
8 live approvals · 7 endedHulpkelner (vwo)
Hulpkelner duaal (so)
Hulpkok (vwo)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Kok (vwo)
Show 2 more
Kok duaal (so)
Restaurant en keuken duaal (so)
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,215 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2014
Fiscal year end30-09
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
82990Other business support services
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.