LUTHO is registered with the CBE as active in: Activiteiten van industriële designers. Private Limited, started on 17 July 2008, 1 establishment.

What is the address of LUTHO?

The registered office of LUTHO is located at Sint-Maartensstraat 5, 8580 Avelgem.

Is LUTHO still active?

Yes. According to the CBE (29 October 2026) LUTHO is active, legal situation “Normale toestand”, started on 17 July 2008.

Is LUTHO registered on Peppol?

Yes, LUTHO is registered on the Peppol network with ID 0208:0899430025.

What is the enterprise number of LUTHO?

The enterprise number of LUTHO is BE0899430025.

When was LUTHO founded?

LUTHO was founded on 17 July 2008.

Who are the directors of LUTHO?

According to the 2025 annual accounts, the directors of LUTHO are: Eveline Moreel, Fritz Walcarius.

Is LUTHO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 July 2008; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did LUTHO make in 2025?

LUTHO posted a profit after taxes of € 82,759 in financial year 2025.

What is the revenue of LUTHO?

As a small company, LUTHO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 207,166.

LUTHO (Private Limited) - Avelgem - BE0899430025

Dossier LUTHO, printed on 29 October 2026 from databakkes.be/en/0899430025/lutho. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

LUTHO from Avelgem, company number BE0899430025, closed financial year 2025 with a result of € 82,759 after tax. For that financial year LUTHO recorded a gross margin of € 207,166 and equity of € 399,007. Compared with financial year 2024, the result moved from € 66,478 to € 82,759. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.

What it is worth Growing

€ 399,007

▲ 13% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 82,759

▲ 24% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 15,259

▲ 25% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 35,309 paid out

43 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 86,443

▼ 30% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 413,819

▼ 16% vs 2024

€ 74,965 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 4,313

▲ 174% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 28,461

▼ 16% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 136,170 Gross margin 2022: € 136,170 First fiscal year in the series	€ 141,160 Gross margin 2023: € 141,160 ▲ 4% vs 2022 (€ 136,170) Favourable step	€ 205,595 Gross margin 2024: € 205,595 ▲ 46% vs 2023 (€ 141,160) Favourable step	€ 207,166 Gross margin 2025: € 207,166 ▲ 1% vs 2024 (€ 205,595) Favourable step	▲ 1%
Profit after taxes	€ 73,523 Profit after taxes 2022: € 73,523 First fiscal year in the series	€ 64,814 Profit after taxes 2023: € 64,814 ▼ 12% vs 2022 (€ 73,523) Unfavourable step	€ 66,478 Profit after taxes 2024: € 66,478 ▲ 3% vs 2023 (€ 64,814) Favourable step	€ 82,759 Profit after taxes 2025: € 82,759 ▲ 24% vs 2024 (€ 66,478) Favourable step	▲ 24%
Equity	€ 220,265 Equity 2022: € 220,265 First fiscal year in the series	€ 285,079 Equity 2023: € 285,079 ▲ 29% vs 2022 (€ 220,265) Favourable step	€ 351,557 Equity 2024: € 351,557 ▲ 23% vs 2023 (€ 285,079) Favourable step	€ 399,007 Equity 2025: € 399,007 ▲ 13% vs 2024 (€ 351,557) Favourable step	▲ 13%
Total debts	€ 501,241 Total debts 2022: € 501,241 First fiscal year in the series	€ 578,511 Total debts 2023: € 578,511 ▲ 15% vs 2022 (€ 501,241) Unfavourable step	€ 736,930 Total debts 2024: € 736,930 ▲ 27% vs 2023 (€ 578,511) Unfavourable step	€ 664,978 Total debts 2025: € 664,978 ▼ 10% vs 2024 (€ 736,930) Favourable step	▼ 10%
Cash	€ 34,340 Cash 2022: € 34,340 First fiscal year in the series	€ 39,042 Cash 2023: € 39,042 ▲ 14% vs 2022 (€ 34,340) Favourable step	€ 12,168 Cash 2024: € 12,168 ▼ 69% vs 2023 (€ 39,042) Unfavourable step	€ 15,259 Cash 2025: € 15,259 ▲ 25% vs 2024 (€ 12,168) Favourable step	▲ 25%
Land & buildings	€ 420,154 Land & buildings 2022: € 420,154 First fiscal year in the series	€ 409,016 Land & buildings 2023: € 409,016 ▼ 3% vs 2022 (€ 420,154) Unchanged	€ 663,410 Land & buildings 2024: € 663,410 ▲ 62% vs 2023 (€ 409,016) Unchanged	€ 640,881 Land & buildings 2025: € 640,881 ▼ 3% vs 2024 (€ 663,410) Unchanged	▼ 3%
Retained profit	€ 214,065 Retained profit 2022: € 214,065 First fiscal year in the series	€ 278,879 Retained profit 2023: € 278,879 ▲ 30% vs 2022 (€ 214,065) Favourable step	€ 345,357 Retained profit 2024: € 345,357 ▲ 24% vs 2023 (€ 278,879) Favourable step	€ 392,807 Retained profit 2025: € 392,807 ▲ 14% vs 2024 (€ 345,357) Favourable step	▲ 14%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 35,309 Dividend 2025: € 35,309 Unchanged (€ 0) Unchanged
Bank debt	€ 281,778 Bank debt 2022: € 281,778 First fiscal year in the series	€ 367,993 Bank debt 2023: € 367,993 ▲ 31% vs 2022 (€ 281,778) Unfavourable step	€ 494,328 Bank debt 2024: € 494,328 ▲ 34% vs 2023 (€ 367,993) Unfavourable step	€ 413,819 Bank debt 2025: € 413,819 ▼ 16% vs 2024 (€ 494,328) Favourable step	▼ 16%
Balance sheet total	€ 721,505 Balance sheet total 2022: € 721,505 First fiscal year in the series	€ 863,590 Balance sheet total 2023: € 863,590 ▲ 20% vs 2022 (€ 721,505) Unchanged	€ 1,088,487 Balance sheet total 2024: € 1,088,487 ▲ 26% vs 2023 (€ 863,590) Unchanged	€ 1,063,985 Balance sheet total 2025: € 1,063,985 ▼ 2% vs 2024 (€ 1,088,487) Unchanged	▼ 2%

Key figures of LUTHO, fiscal years 2022 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 LUTHO?

What happened at LUTHO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 29, 2026 New annual accounts for financial year 2025: profit of € 82,759 (▲ 24% vs 2024). Source: NBB ↗
2021 Eveline Moreel became a director. NBB
2021 Fritz Walcarius became a director. NBB
Aug 28, 2008 New establishment in Avelgem. KBO
Jul 17, 2008 Start of the company according to the CBE. KBO

In short

From € 73,523 profit in 2022 to € 82,759 profit in 2025.

Paid € 135,956 in corporate taxes since 2022.

Best year ever: 2025, with € 82,759 profit.

Paid out € 35,309 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Eveline Moreel Fritz Walcarius

LUTHO

SHAPES METALPROJECTS

SHAPES METALWORKS

Behind LUTHO are Eveline Moreel and Fritz Walcarius. Fritz Walcarius is also behind SHAPES METALPROJECTS and SHAPES METALWORKS.

Directors

According to the 2025 annual accounts

Eveline Moreel

Director

since 2021

Fritz Walcarius

Director

Also active at: SHAPES METALPROJECTS, SHAPES METALWORKS

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Sint-Maartensstraat 5

8580 Avelgem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

TWR

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0899.430.025

VAT number

BE 0899.430.025

Registered office

Sint-Maartensstraat 5, 8580 Avelgem

Names & denominations

LUTHO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

17 July 2008

Peppol

Active · Active since 30 Aug 2023

Activities · NACE

Activiteiten van industriële designers

Activiteiten van holdings

Handelsbemiddeling in de groothandel in andere specifieke goederen

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg

Handel in eigen onroerend goed

Holdings

Overige gespecialiseerde wetenschappelijke en technische activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

LUTHO

Financials

What happened to LUTHO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions