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 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Luxfit from Merchtem, company number BE0804348942, closed financial year 2025 with a result of € -11,796 after tax. For that financial year Luxfit recorded a gross margin of € 17,074 and equity of € -101,531. Compared with financial year 2024, the result moved from € -109,734 to € -11,796. 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 August 28, 2026.
€ -101,531
▼ € 11,796 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,796
▲ 89 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,303
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -121,531.
People and assets in 2025
€ 1,269
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 125,539
▲ 14% vs 2024
€ 16,569 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 8,738
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,912
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -87,251 | € 17,074 | ▲ € 104,324 |
| Profit after taxes | € -109,734 | € -11,796 | ▲ € 97,938 |
| Equity | € -89,734 | € -101,531 | ▼ € 11,796 |
| Total debts | € 195,458 | € 214,181 | ▲ 10% |
| Cash | - | € 3,303 | |
| Retained profit | € -109,734 | € -121,531 | ▼ € 11,796 |
| Bank debt | € 110,235 | € 125,539 | ▲ 14% |
| Balance sheet total | € 105,724 | € 112,650 | ▲ 7% |
Key figures of Luxfit, fiscal years 2024 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 Luxfit?
What happened at Luxfit in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,796. filed late Source: NBB ↗
- New establishment in Merchtem. KBO
- Kevin Piens became a director. NBB
- Gabriel Cool became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 109,734 loss in 2024 to € 11,796 loss in 2025.
Management
Behind Luxfit are Kevin Piens and Gabriel Cool.
Directors
According to the 2025 annual accounts
Kevin Piens
Director
since 2023
Gabriel Cool
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Krekelendries 8
1785 Merchtem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0804.348.942
- VAT number
- BE 0804.348.942
- Registered office
- Krekelendries 8, 1785 Merchtem
- Names & denominations
- Luxfit
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 July 2023
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Activiteiten van fitnesscentra
Overige reiniging van gebouwen; industriële reiniging
Sport- en recreatieonderwijs
Algemene reiniging van gebouwen