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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Two loss years in a row NBB
Negative result in 2025 and 2025.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
LUCEDA from Gent, company number BE0553769733, closed financial year 2025 with a result of € -365,159 after tax. For that financial year LUCEDA recorded a gross margin of € 850,616 and equity of € 583,521. Compared with financial year 2025, the result moved from € -497,007 to € -365,159. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2026.
€ 583,521
▼ 18% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -365,159
▲ 27 % less loss than in 2025
Profit after tax over the fiscal year.
€ 1.3 million
▲ 23% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -169,805.
People and assets in 2025
25
▲ 3.4 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 39% vs 2025
€ 44,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 70,061
▲ 44% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 204,772
▼ 32% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 205,598
▲ 26% vs 2025
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2023 | 2024 | 2025 | 2025 | Change 2025 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,119,249 | € 2,076,650 | € 1,577,201 | € 850,616 | ▼ 46% |
| Profit after taxes | € 3,180 | € 563,694 | € -497,007 | € -365,159 | ▲ € 131,848 |
| Equity | € 706,877 | € 1,270,570 | € 708,933 | € 583,521 | ▼ 18% |
| Total debts | € 3,953,357 | € 3,002,638 | € 3,161,433 | € 2,740,042 | ▼ 13% |
| Cash | € 2,291,909 | € 2,117,434 | € 1,037,202 | € 1,279,134 | ▲ 23% |
| Retained profit | € 270,697 | € 834,390 | € 195,353 | € -169,805 | ▼ € 365,159 |
| Bank debt | € 87,500 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 4,660,234 | € 4,273,209 | € 3,870,366 | € 3,323,563 | ▼ 14% |
| Employees (FTE) | - | 17 | 21.6 | 25 | ▲ 3.4 |
Key figures of LUCEDA, fiscal years 2023 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 LUCEDA?
What happened at LUCEDA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Chao Cheng stepped down as director. NBB
- Ervilla BV stepped down as director. NBB
- Yongjun Zheng stepped down as director. NBB
- Noleda BV stepped down as director. NBB
- Lili Li stepped down as director. NBB
- Beke Herman stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Beke Herman became a director. NBB
In short
From € 3,180 profit in 2023 to € 365,159 loss in 2025.
Paid € 1,662 in corporate taxes since 2023.
Best year ever: 2024, with € 563,694 profit.
On average € 34,000 of value added per employee in 2025.
Management
The stake of FIDIMEC, Participatiemaatschappij Vlaanderen, Ervila comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LUCEDAThe shares are held by FIDIMEC (23%), Participatiemaatschappij Vlaanderen (22.4%) and Ervila (18.3%). It owns 100% of Luceda Photonics (Shanghai) Software and Technology Co., Ltd. itself.
Directors
According to the 2025 annual accounts
Chao Cheng
Director
since 2025 · until 2028
Johan Haspeslagh
Director
since 2024 · until 2025
Director · represented by Erwin De Baetselier
since 2025 · until 2028
Yongjun Zheng
Director
since 2025 · until 2028
Managing director · represented by Pieter Dumon
since 2025 · until 2028
Lili Li
Director
since 2025 · until 2028
Beke Herman
Director
since 2025 · until 2028
Shareholders
Participations
Luceda Photonics (Shanghai) Software and Technology Co., Ltd.
100%
Establishments
Establishment units
Physical locations of this company
Reigerstraat 8
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0553.769.733
- VAT number
- BE 0553.769.733
- Registered office
- Reigerstraat 8, 9000 Gent
- Names & denominations
- LUCEDA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 2014
- Peppol
- Active · Active since 5 Feb 2026
- Activities · NACE
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