RETIS LUMINARIA
ActiveSummary
The computed 12-month bankruptcy probability of RETIS LUMINARIA is 1.8% (moderate). The 2024 annual accounts show equity of €61k and a net result of €10k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 36375 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▲+82
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 4.09 against 3.85 in 2023; short-term debt: 20.5% and cash: 53.4% of total assets), and 20.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-09-2025, 39 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
not confirmed
2024
39 d late
2023
12 d late
2022
16 d late
2021
30 d late
2020
30 d late
2019
49 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10k
2023 · €-8k
2018: €4k
2019: €3k
2020: €1k
2021: €13k
2022: €-225
2023: €-8k
2018 → 2024
Working capital
€48k▲ 45.0%
2023 · €33k
2018: €40k
2019: €14k
2020: €19k
2021: €36k
2022: €36k
2023: €33k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€45k-€58k▲ 28.8%€58k▼ 0.4%€50k▼ 13.0%€61k▲ 20.7%
Operating result€1k-€16k▲ 1,099%€13▼ 99.9%€-7k€13k
Net result€1k-€13k▲ 896%€-225€-8k▼ 3,244%€10k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €13k after a loss of €7k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €76k
Fixed assets
€12k ▼ 27.0%
Current assets
€64k ▲ 42.1%
Equity and liabilities €76k
Equity
€61k ▲ 20.7%
Debt
€16k ▲ 33.8%
Debt's share of the balance-sheet total rises from 18.8% to 20.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▲
2023 · €-2k
Cash flow
€15k▲
2023 · €-2k
Current ratio
4.09▲
2023 · 3.85
Debt to equity
0.26▲
2023 · 0.23
ROE
17.1%▲
2023 · -15.0%
ROA
13.6%▲
2023 · -12.1%
Interest coverage
149.92▲
2023 · -18.63
Debt ≤ 1 year
€16k▲
2023 · €12k
Income taxes
€2k▲
2023 · €-15
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€62k€76k▲
Fixed assets21/28€17k€12k▼
Tangible fixed assets22/27€17k€12k▼
Furniture and vehicles24€2k€315▼
Other tangible fixed assets26€15k€12k▼
Current assets29/58€45k€64k▲
Amounts receivable within one year40/41€13k€23k▲
Trade receivables40€12k€20k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€32k€41k▲
Equity and liabilities
Total equity and liabilities10/49€62k€76k▲
Equity10/15€50k€61k▲
Contributions10/11€6k€6k=
Outside capital11€6k-
Other1109/19€6k-
Reserves13€2k€11k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€10k
Profit (loss) carried forward14€42k€43k▲
Amounts payable17/49€12k€16k▲
Amounts payable within one year42/48€12k€16k▲
Trade debts44€2k€154▼
Suppliers440/4€2k€154▼
Taxes, remuneration and social security45€9k€15k▲
Taxes450/3€9k€15k▲
Other amounts payable47/48€614-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€836€511▼
Gross operating margin9900€-1k€18k▲
Operating profit (loss)9901€-7k€13k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€120€117▼
Recurring financial charges65€120€117▼
Profit (loss) for the period before taxes9903€-8k€13k▲
Income taxes67/77€-15€2k▲
Profit (loss) for the period9904€-8k€10k▲
Profit (loss) for the period to be appropriated9905€-8k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€42k€53k▲
Profit (loss) brought forward from the previous period14P€50k€42k▼
Transfer to equity691/2-€10k
To the legal reserve6920-€10k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 39 days late
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 16 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 14.54
Current ratio from 5.88 to 14.54; short-term debt falls from €7k to €3k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €13k ▲896%
Operating result €16k, net result €13k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 3.93
Current ratio from 1.86 to 3.93; short-term debt falls from €16k to €7k.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 49 days late
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 5 days late
Show earlier events
2018
24-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full 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, Sint-Agatha-Berchem · 1 establishment unit since 2012
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.
Hortensiasgaarde 251082 Sint-Agatha-BerchemGround area
6,856 m²
Building footprint
400 m²
Volume, LiDAR
11,796 m³
2 parcels, Brussels · tallest building 40.4 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
RETIS LUMINARIA
since 20122.215.256.504
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0282/00W000 | Brussels | 6,728 m² | 1 · 316 m² | 40.4 m · 12 fl. |
| 21003A0158/00F003 | Brussels | 128 m² | 1 · 84 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
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DESMA SRL
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Utopi
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KUCHER GROUP
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,701 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
46500Wholesale of information and communication equipment
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.