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 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LU-Tec from Kortrijk, company number BE0537212427, closed financial year 2025 with a result of € 8,207 after tax. For that financial year LU-Tec recorded a gross margin of € 76,801 and equity of € 91,315. Compared with financial year 2024, the result moved from € 492 to € 8,207. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.
€ 91,315
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,207
▲ € 7,715 vs 2024
Profit after tax over the fiscal year.
€ 2,505
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 81,742.
People and assets in 2025
€ 1,218
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 495,925
▲ 18% vs 2024
€ 29,481 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 9,279
▲ 162% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,524
▲ 188% 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 | € 11,791 | € 29,473 | € 37,177 | € 76,801 | ▲ 107% |
| Profit after taxes | € -24,571 | € -6,500 | € 492 | € 8,207 | ▲ € 7,715 |
| Equity | € 109,576 | € 103,076 | € 83,108 | € 91,315 | ▲ 10% |
| Total debts | € 73,783 | € 607,749 | € 663,584 | € 766,294 | ▲ 15% |
| Cash | € 1,519 | € 104,182 | € 10,602 | € 2,505 | ▼ 76% |
| Land & buildings | € 21,744 | - | € 591,616 | € 683,922 | ▲ 16% |
| Retained profit | € 90,976 | € 84,476 | € 73,535 | € 81,742 | ▲ 11% |
| Bank debt | € 59,096 | € 362,285 | € 419,100 | € 495,925 | ▲ 18% |
| Balance sheet total | € 183,359 | € 710,825 | € 746,692 | € 857,609 | ▲ 15% |
Key figures of LU-Tec, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to LU-Tec?
What happened at LU-Tec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,207 (▲ € 7,715 vs 2024). filed late Source: NBB ↗
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,571 loss in 2022 to € 8,207 profit in 2025.
Paid € 8,830 in corporate taxes since 2022.
Best year ever: 2025, with € 8,207 profit.
Management
Behind LU-Tec are Luk De heer Vandenbulcke and Sofie Mevrouw Lottin. It owns 25.6% of L & B Immo and 12.7% of Confiserie Vandenbulcke itself.
Directors
According to the 2025 annual accounts
Sofie Mevrouw Lottin
Director
Establishments
Establishment units
Physical locations of this company
Gemeenhof(Heu) 20
8501 Kortrijk
Burg. Decoenestraat 7
8520 Kuurne
Active since 19 July 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0537.212.427
- VAT number
- BE 0537.212.427
- Registered office
- Gemeenhof(Heu) 20, 8501 Kortrijk
- Names & denominations
- LU-Tec
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2013
- Peppol
- Active · Active since 13 Jun 2025
- Activities · NACE
Activiteiten van holdings
Holdings
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