Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ad Lumen from Nivelles, company number BE0753546379, closed financial year 2025 with a result of € 5 after tax. For that financial year Ad Lumen recorded a gross margin of € 1,114 and equity of € -10,567. Compared with financial year 2024, the result moved from € -2,960 to € 5. Profitable, and profit is growing. 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 August 28, 2026.
€ -10,567
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5
▲ still € 2,960 loss in 2024
Profit after tax over the fiscal year.
€ 504
▲ € 436 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 € -72,067.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,159
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 161
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 | € -29,751 | € -3,873 | € -1,155 | € 1,114 | ▲ € 2,269 |
| Profit after taxes | € -29,390 | € -9,646 | € -2,960 | € 5 | ▲ € 2,964 |
| Equity | € 2,034 | € -7,612 | € -10,571 | € -10,567 | |
| Total debts | € 11,604 | € 12,760 | € 13,108 | € 14,870 | ▲ 13% |
| Cash | € 171 | € 4 | € 68 | € 504 | ▲ € 436 |
| Retained profit | € -59,466 | € -69,112 | € -72,071 | € -72,067 | |
| Balance sheet total | € 13,638 | € 5,148 | € 2,536 | € 4,304 | ▲ 70% |
Key figures of Ad Lumen, 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 Ad Lumen?
What happened at Ad Lumen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5. filed late Source: NBB ↗
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
- LUC MATTHEWS became a director. NBB
In short
From € 29,390 loss in 2022 to € 5 profit in 2025.
Best year ever: 2025, with € 5 profit.
Management
Behind Ad Lumen is LUC MATTHEWS.
Directors
According to the 2025 annual accounts
LUC MATTHEWS
Managing director
since 2020
Establishments
Establishment units
Physical locations of this company
Venelle Le Phare 16 box 9
1400 Nivelles
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0753.546.379
- VAT number
- BE 0753.546.379
- Registered office
- Venelle Le Phare 16 bus 9, 1400 Nivelles
- Names & denominations
- Ad Lumen
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 2020
- Peppol
- Active · Active since 12 Dec 2025
- Contact
- [email protected] +32475496053
- Activities · NACE
Detailhandel in huisdieren, voer voor huisdieren en benodigdheden daarvoor