Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
LUCRIMO from Waterloo, company number BE0427818696, closed financial year 2025 with a result of € 8,242 after tax. For that financial year LUCRIMO recorded a gross margin of € 36,206 and equity of € 220,545. Compared with financial year 2024, the result moved from € 11,782 to € 8,242. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 220,545
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,242
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 21,254
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 55,050
▼ 14% vs 2024
Loans from banks and other lenders, long and short.
€ 4,185
▲ € 3,671 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,307
▼ 60% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 43,088 | € 36,024 | € 39,873 | € 36,206 | ▼ 9% |
| Profit after taxes | € 59 | € 1,515 | € 11,782 | € 8,242 | ▼ 30% |
| Equity | € 209,006 | € 210,521 | € 222,303 | € 220,545 | ▼ 1% |
| Total debts | € 94,264 | € 88,590 | € 72,343 | € 65,364 | ▼ 10% |
| Cash | € 35,902 | € 26,712 | € 31,060 | € 21,254 | ▼ 32% |
| Land & buildings | € 235,916 | € 248,890 | € 239,648 | € 246,064 | ▲ 3% |
| Retained profit | € 147,033 | € 148,548 | € 160,330 | € 158,572 | ▼ 1% |
| Dividend | € 0 | € 0 | € 0 | € 10,000 | |
| Bank debt | € 86,424 | € 83,068 | € 63,982 | € 55,050 | ▼ 14% |
| Balance sheet total | € 303,270 | € 299,111 | € 294,646 | € 285,909 | ▼ 3% |
Key figures of LUCRIMO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LUCRIMO?
What happened at LUCRIMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sandrine Maloens stepped down as director. NBB
- Aymeric Trudon des Ormes stepped down as director. NBB
- Geoffroy Maloens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 8,242 (▼ 30% vs 2024). Source: NBB ↗
- Sandrine Maloens became a director. NBB
- Aymeric Trudon des Ormes became a director. NBB
- Geoffroy Maloens became a director. NBB
- New establishment in Waterloo. KBO
In short
From € 59 profit in 2022 to € 8,242 profit in 2025.
Paid € 9,687 in corporate taxes since 2022.
Best year ever: 2024, with € 11,782 profit.
Paid out € 10,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Sandrine Maloens
Director
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Avenue des Abeilles 41
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.818.696
- VAT number
- BE 0427.818.696
- Registered office
- Avenue des Abeilles 41, 1410 Waterloo
- Names & denominations
- LUCRIMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 1985
- Peppol
- Not registered