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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LUXIS - M from Arlon, company number BE0680680969, closed financial year 2025 with a result of € -168,329 after tax. Compared with financial year 2024, the result moved from € -83,905 to € -168,329. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ -312,280
▼ € 168,329 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -168,329
▼ 101 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2.1 million
▲ € 1.9 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -374,280.
Debts at end 2025
€ 4.4 million
▲ 237% vs 2024
Loans from banks and other lenders, long and short.
€ 1.3 million
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 80 days on average.
€ 250,055
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € -52,465 | € -31,203 | € -83,905 | € -168,329 | ▼ € 84,425 |
| Equity | € -28,843 | € -60,046 | € -143,951 | € -312,280 | ▼ € 168,329 |
| Total debts | € 3,283,452 | € 3,689,413 | € 6,123,697 | € 12,889,929 | ▲ 110% |
| Cash | € 18,578 | € 364,179 | € 148,951 | € 2,063,628 | ▲ € 1.9 million |
| Retained profit | € -90,843 | € -122,046 | € -205,951 | € -374,280 | ▼ € 168,329 |
| Bank debt | € 0 | € 1,300,000 | € 1,300,000 | € 4,377,518 | ▲ 237% |
| Balance sheet total | € 3,254,609 | € 3,629,368 | € 5,979,747 | € 12,577,649 | ▲ 110% |
Key figures of LUXIS - M, 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 LUXIS - M?
What happened at LUXIS - M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- XAVIER PIERLET SRL stepped down as director. NBB
- HEWIMA SRL stepped down as director. NBB
- Georges Cottin stepped down as director. NBB
- Keystone SRL stepped down as director. NBB
- Christian Perilleux stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 168,329. Source: NBB ↗
- XAVIER PIERLET SRL became a director. NBB
- Absolute Consulting SRL stepped down as director. NBB
In short
From € 52,465 loss in 2022 to € 168,329 loss in 2025.
Pays suppliers within 80 days on average.
Management
The stake of JEC INVEST, SOGEXFI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LUXIS - MThe shares are held by JEC INVEST (51%) and SOGEXFI (49%).
Directors
According to the 2025 annual accounts
Georges Cottin
Chairman of the board
Also active at: Association Intercommunale de Financement pour l'Equipement Economique de la Province de Luxembourg, EURO SPACE CENTER, SOGEXFI, LUXEMBOURG DEVELOPPEMENT EUROPE DEUX, LUXIS - W, Société de Participation dans le Secteur de l'Energie Renouvelable, LUXEMBOURG DEVELOPPEMENT, LUXEMBOURG DEVELOPPEMENT EUROPE TROIS
since 2022 · until 2027
Director · represented by Xavier Pierlet
Also active at: OTTIGNIMMO, MECCO-GOSSENT, HD17 HOLDING, ALIPHIL, HD17 IMMO, CSE H2, BELMONT PROPERTIES, C-IMMO +26 more
since 2025 · until 2031
Director · represented by Guillaume Beuscart
Also active at: OTTIGNIMMO, MESTDAGH, HD17 HOLDING, ALIPHIL, SUPALI, HD17 IMMO, SUPERLOG, CSE H2 +28 more
since 2025 · until 2031
Director · represented by Thomas Rihoux
Also active at: OTTIGNIMMO, MECCO-GOSSENT, ALIPHIL, SUPALI, CSE H2, BELMONT PROPERTIES, C-IMMO, BRENTIMMO +25 more
since 2022 · until 2027
since 2022 · until 2027
Director · represented by Olivier Beguin
Also active at: I.D., THOMAS & PIRON HOME, ORTHOPEDIE TOUSSAINT, OTTIGNIMMO, Galère, Sporsystem, MECCO-GOSSENT, Société anonyme WAUTERS NV +50 more
since 2022 · until 2025
Shareholders
51%
49%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Schoppach,drève de l'Arc-en-Ciel 98
6700 Arlon
Drève Richelle 161 box 19
1410 Waterloo
Active since 4 September 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →IDELUX Eau
€ 26.3 million revenue · 2025
Association Intercommunale pour le développement économique durable de la Province de Luxembourg
€ 19.2 million revenue · 2025
Association Intercommunale de Financement pour l'Equipement Economique de la Province de Luxembourg same network
€ 644,147 revenue · 2025
SOCIETE LUXEMBOURGEOISE DE GESTION ET DE PARTICIPATION
€ 948,634 revenue · 2025
SOGEXFI same network
€ 54,731 revenue · 2025
+11 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0680.680.969
- VAT number
- BE 0680.680.969
- Registered office
- Schoppach,drève de l'Arc-en-Ciel 98, 6700 Arlon
- Names & denominations
- LUXIS - M
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 2017
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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