LUXTAX
ActiveLUXTAX has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €328k and a net result of €23k. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 62% of 1845 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-3
Solvency76▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 2.25 against 1.79 in 2024; short-term debt: 26.8% and cash: 9% of total assets), and 49.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 49
Relative position
BE, all sectors
reference
Sector 49
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
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
50.5%
Return on assets
3.5%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
on the day
2023
56 d late
2022
on the day
2021
1 d late
2020
3 d early
2019
46 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€328k▲ 7.4%
2024 · €305k
2019: €141k
2020: €154k
2021: €71k
2022: €156k
2023: €264k
2024: €305k
2019 → 2025
Total assets
€650k▼ 9.0%
2024 · €714k
2019: €550k
2020: €546k
2021: €512k
2022: €568k
2023: €703k
2024: €714k
2019 → 2025
Net result
€23k▼ 45.3%
2024 · €42k
2019: €-48k
2020: €13k
2021: €-83k
2022: €85k
2023: €111k
2024: €42k
2019 → 2025
Working capital
€219k▲ 20.5%
2024 · €182k
2019: €37k
2020: €33k
2021: €-62k
2022: €64k
2023: €142k
2024: €182k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€71k-€156k▲ 119%€264k▲ 69.6%€305k▲ 15.8%€328k▲ 7.4%
Operating result€-69k-€95k€153k▲ 60.3%€75k▼ 51.0%€44k▼ 41.8%
Net result€-83k-€85k€111k▲ 31.0%€42k▼ 62.4%€23k▼ 45.3%
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 has fallen two years in a row; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €650k
Fixed assets
€257k▼ 15.3%
Current assets
€393k▼ 4.3%
Equity and liabilities €650k
Equity
€328k▲ 7.4%
Debt
€322k▼ 21.2%
The debt ratio falls from 57.2% to 49.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€143k▼
2024 · €177k
Cash flow
€122k▼
2024 · €143k
Solvency
50.5%▲
2024 · 42.8%
Current ratio
2.25▲
2024 · 1.79
Quick ratio
2.25▲
2024 · 1.79
Debt / equity
0.98▼
2024 · 1.34
ROE
6.9%▼
2024 · 13.6%
ROA
3.5%▼
2024 · 5.8%
Interest coverage
9.25▲
2024 · 8.30
Debt
€322k▼
2024 · €408k
Debt ≤ 1 year
€174k▼
2024 · €229k
Debt > 1 year
€142k▼
2024 · €179k
Income taxes
€12k▼
2024 · €18k
Staff costs
€432k▼
2024 · €434k
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€714k€650k▼
Fixed assets21/28€303k€257k▼
Tangible fixed assets22/27€260k€212k▼
Plant, machinery and equipment23€2k€767▼
Furniture and vehicles24€14k€7k▼
Leasing and similar rights25€244k€204k▼
Financial fixed assets28€43k€45k▲
Current assets29/58€411k€393k▼
Amounts receivable after more than one year29€115k€116k▲
Other amounts receivable291€115k€116k▲
Amounts receivable within one year40/41€201k€204k▲
Trade receivables40€191k€203k▲
Other amounts receivable41€10k€673▼
Cash at bank and in hand54/58€86k€58k▼
Deferred charges and accrued income490/1€8k€15k▲
Equity and liabilities
Total equity and liabilities10/49€714k€650k▼
Equity10/15€305k€328k▲
Contributions10/11€19k€19k=
Reserves13€152k€174k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€150k€173k▲
Profit (loss) carried forward14€135k€135k=
Amounts payable17/49€408k€322k▼
Amounts payable after more than one year17€179k€142k▼
Financial debts170/4€179k€142k▼
Amounts payable within one year42/48€229k€174k▼
Current portion of amounts payable after more than one year42€56k€55k▼
Trade debts44€53k€31k▼
Suppliers440/4€53k€31k▼
Taxes, remuneration and social security45€121k€87k▼
Taxes450/3€66k€36k▼
Remuneration and social security454/9€55k€51k▼
Other amounts payable47/48€354€354=
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Remuneration, social security and pensions62€434k€432k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€102k€99k▼
Other operating charges640/8€23k€37k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€634k€612k▼
Operating profit (loss)9901€75k€44k▼
Financial income75/76B€6k€7k▲
Recurring financial income75€6k€7k▲
Financial charges65/66B€21k€15k▼
Recurring financial charges65€21k€15k▼
Profit (loss) for the period before taxes9903€60k€35k▼
Income taxes67/77€18k€12k▼
Profit (loss) for the period9904€42k€23k▼
Profit (loss) for the period to be appropriated9905€42k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€177k€158k▼
Profit (loss) brought forward from the previous period14P€135k€135k=
Transfer to equity691/2€42k€23k▼
To other reserves6921€42k€23k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (20 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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 2 days late
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
30-06
Financial
Highest result since 2019net €111k ▲31%
Operating result €153k, net result €111k, both a record.
30-06
Financial
Equity above €200kEq €264k ▲69.6%
2 profitable years in a row build equity to €264k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €85k
Net result €85k after one loss-making year.
30-06
Financial
Equity above €150kEq €156k ▲119%
Equity rises from €71k to €156k.
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
30-06
Financial
Weakest financial yearnet €-83k ▼729%
Net result drops to €-83k, the lowest in the series; recovery starts the following year.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
30-06
Financial
Equity above €150kEq €154k ▲9.4%
Equity rises from €141k to €154k.
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 46 days late
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-01
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
no sitting director, no change since 2018
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
11-07-2018
Resigned as Manager
Location & real-estate footprint
Registered office, Destelbergen · 1 establishment unit since 2003
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.
Stapsteenweg(Heu) 6A9070 DestelbergenGround area
1.2 ha
Building footprint
2,714 m²
Volume, LiDAR
21,038 m³
Parcel 44372A0364/00H000, Flanders · tallest building 8.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LUXTAX
since 20032.131.568.070
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44372A0364/00H000 | Flanders | 1.2 ha | 1 · 2,714 m² | 8.5 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 5,539 EUR awarded · 4,974 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,676 EUR | 2,360 EUR |
| 2024 | 1 | 684 EUR | 73 EUR |
| 2023 | 2 | 2,527 EUR | 2,541 EUR |
| 2022 | 1 | 652 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies ecologisch en veilig transport (stopgezet)
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Of 997 companies in sector 49420 we hold annual accounts for 451. 297 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-03-2003
Fiscal year end30-06
Activities, NACEBEL
49420Removal services
60241
49410Freight transport by road
60243
Sources
Crossroads Bank for EnterprisesNational Bank · 22 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.