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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Lu Space from Gent, company number BE1000260337, closed financial year 2025 with a result of € -71,689 after tax. For that financial year Lu Space recorded a gross margin of € -19,455 and equity of € 1 million. Compared with financial year 2024, the result moved from € -79,760 to € -71,689. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 1 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -71,689
▲ 10 % less loss than in 2024
Profit after tax over the fiscal year.
€ 26,998
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -151,449.
People and assets in 2025
€ 15,219
▲ 170% 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.
€ 177,097
▲ € 170,586 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 100
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -25,920 | € -19,455 | ▲ € 6,465 |
| Profit after taxes | € -79,760 | € -71,689 | ▲ € 8,071 |
| Equity | € 1,090,240 | € 1,018,551 | ▼ 7% |
| Total debts | € 7,835 | € 271,630 | ▲ € 263,795 |
| Cash | € 120,868 | € 26,998 | ▼ 78% |
| Land & buildings | € 909,264 | € 869,817 | ▼ 4% |
| Retained profit | € -79,760 | € -151,449 | ▼ € 71,689 |
| Balance sheet total | € 1,098,075 | € 1,290,180 | ▲ 17% |
Key figures of Lu Space, 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 Lu Space?
What happened at Lu Space in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 71,689. Source: NBB ↗
- New establishment in Gent. KBO
- Lu Luo became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 79,760 loss in 2024 to € 71,689 loss in 2025.
Management
Behind Lu Space is Lu Luo.
Directors
According to the 2025 annual accounts
Lu Luo
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Simon de Mirabellostraat 3+
9000 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
- 1000.260.337
- VAT number
- BE 1000.260.337
- Registered office
- Simon de Mirabellostraat 3+, 9000 Gent
- Names & denominations
- Lu Space
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 2023
- Peppol
- Active · Active since 17 Mar 2026
- Activities · NACE
Literaire creatie
Scheppende kunsten, m.u.v. ondersteunende diensten
Detailhandel in cultuur- en recreatieartikelen, neg
Detailhandel in nieuwe kunstvoorwerpen in gespecialiseerde winkels