Financials
Financial year 2025
LUXTECH from Gent, company number BE0775377616, closed financial year 2025 with a result of € -22,751 after tax. For that financial year LUXTECH recorded a gross margin of € -8,408 and equity of € 12,398. Compared with financial year 2024, the result moved from € 28,755 to € -22,751. The company made a loss. The buffer shrank hard: equity is 65 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 27, 2026.
€ 12,398
▼ 65% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,751
▼ still € 28,755 profit in 2024
Profit after tax over the fiscal year.
€ 16,762
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 9,398.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 19,350
▲ 106% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 81,222
▲ 122% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,614
▼ 36% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 691,153 | - | - | |
| Gross margin | € 11,780 | € 44,395 | € -8,408 | ▼ € 52,803 |
| Profit after taxes | € 3,393 | € 28,755 | € -22,751 | ▼ € 51,506 |
| Equity | € 6,393 | € 35,149 | € 12,398 | ▼ 65% |
| Total debts | € 83,767 | € 43,805 | € 85,836 | ▲ 96% |
| Cash | € 7,646 | € 19,715 | € 16,762 | ▼ 15% |
| Retained profit | € 3,393 | € 32,149 | € 9,398 | ▼ 71% |
| Balance sheet total | € 90,160 | € 78,953 | € 98,234 | ▲ 24% |
Key figures of LUXTECH, fiscal years 2023 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 LUXTECH?
What happened at LUXTECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,751 (▼ € 51,506 vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Salman Kartoyev became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3,393 profit in 2023 to € 22,751 loss in 2025.
Paid € 10,735 in corporate taxes since 2023.
Best year ever: 2024, with € 28,755 profit.
Management
Behind LUXTECH is Salman Kartoyev.
Directors
According to the 2025 annual accounts
Salman Kartoyev
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Lourdesstraat 85
9041 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
- 0775.377.616
- VAT number
- BE 0775.377.616
- Registered office
- Lourdesstraat 85, 9041 Gent
- Names & denominations
- LUXTECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2021
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige werkzaamheden in verband met de afwerking van gebouwen
Detailhandel in sanitaire artikelen en sanitair installatiemateriaal
Algemene elektrotechnische installatiewerken
Chapewerken
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden