L.P.V. INVESTS
ActiveL.P.V. INVESTS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €500k and a net result of €282k. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 81% of 1193 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+79
Solvency97▼-3
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 11.38 against 17.99 in 2024; short-term debt: 8.8% and cash: 79.6% of total assets), and 27.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.2%
Return on assets
40.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €500k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
40 d late
2023
29 d late
2022
86 d late
2021
31 d late
2020
30 d late
2019
60 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€500k▲ 86.4%
2024 · €268k
2018: €312k
2019: €400k
2020: €384k
2021: €361k
2022: €290k
2023: €277k
2024: €268k
2018 → 2025
Total assets
€693k▲ 153%
2024 · €274k
2018: €549k
2019: €512k
2020: €498k
2021: €462k
2022: €497k
2023: €296k
2024: €274k
2018 → 2025
Net result
€282k
2024 · €-9k
2018: €-14k
2019: €88k
2020: €-16k
2021: €-22k
2022: €28k
2023: €-12k
2024: €-9k
2018 → 2025
Working capital
€632k▲ 530%
2024 · €100k
2018: €152k
2019: €260k
2020: €264k
2021: €156k
2022: €112k
2023: €101k
2024: €100k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€361k-€290k▼ 19.8%€277k▼ 4.3%€268k▼ 3.2%€500k▲ 86.4%
Operating result€-43k-€34k€-19k€-8k▲ 58.2%€448k
Net result€-22k-€28k€-12k€-9k▲ 29.9%€282k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €448k after a loss of €8k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €693k
Equity
€500k▲ 86.4%
Provisions
€132k
Debt
€61k▲ 931%
The debt ratio rises from 2.2% to 8.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€448k▲
2024 · €530
Cash flow
€282k▲
2024 · €-133
Solvency
72.2%▼
2024 · 97.8%
Current ratio
11.38▼
2024 · 17.99
Quick ratio
11.38▼
2024 · 17.99
Debt / equity
0.12▲
2024 · 0.02
ROE
56.3%▲
2024 · -3.3%
ROA
40.7%▲
2024 · -3.2%
Interest coverage
132.83▲
2024 · 0.72
Debt
€61k▲
2024 · €6k
Debt ≤ 1 year
€61k▲
2024 · €6k
Income taxes
€31k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€274k€693k▲
Fixed assets21/28€168k€0▼
Tangible fixed assets22/27€168k€0▼
Land and buildings22€168k€0▼
Current assets29/58€106k€693k▲
Amounts receivable within one year40/41€101k€142k▲
Trade receivables40€1k€0▼
Other amounts receivable41€100k€142k▲
Cash at bank and in hand54/58€5k€552k▲
Equity and liabilities
Total equity and liabilities10/49€274k€693k▲
Equity10/15€268k€500k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€123k€431k▲
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Tax-exempt reserves132€38k€396k▲
Distributable reserves133€74k€24k▼
Profit (loss) carried forward14€84k€7k▼
Provisions and deferred taxes16-€132k
Deferred taxes168-€132k
Amounts payable17/49€6k€61k▲
Amounts payable within one year42/48€6k€61k▲
Trade debts44€1k€988▼
Suppliers440/4€1k€988▼
Taxes, remuneration and social security45€0€10k▲
Taxes450/3€0€10k▲
Other amounts payable47/48€5k€50k▲
Income statement
Code20242025
Non-recurring operating income76A-€557k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€0▼
Other operating charges640/8€8k€5k▼
Non-recurring operating charges66A€0€75k▲
Gross operating margin9900€9k€528k▲
Operating profit (loss)9901€-8k€448k▲
Financial income75/76B€77€190▲
Recurring financial income75€77€190▲
Financial charges65/66B€740€3k▲
Recurring financial charges65€740€3k▲
Profit (loss) for the period before taxes9903€-9k€445k▲
Transfer to deferred taxes680-€132k
Income taxes67/77€0€31k▲
Profit (loss) for the period9904€-9k€282k▲
Transfer from tax-exempt reserves789-€38k
Transfer to tax-exempt reserves689-€396k
Profit (loss) for the period to be appropriated9905€-9k€-77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€84k€7k▼
Profit (loss) brought forward from the previous period14P€92k€84k▼
Transfer from equity791/2-€50k
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
31-12
Financial
Back to profitnet €282k
Net result €282k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €500k ▲86.4%
Equity rises from €268k to €500k.
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 17.99
Current ratio from 6.31 to 17.99; short-term debt falls from €19k to €6k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 6.31
Current ratio from 1.54 to 6.31; short-term debt falls from €207k to €19k.
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 86 days late
2022
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 60 days late
2019
31-12
Financial
Back to profitnet €88k
Net result €88k after one loss-making year.
31-12
Financial
Liquidity times 20current ratio 43.22
Current ratio from 2.17 to 43.22; short-term debt falls from €129k to €6k.
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 51 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 61 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-03-2025
Stichting Katdangil: Resigned as Director
28-09-2016
Private Stichting Katdangil: Resigned as Director
01-09-2012
Witters Gilbert: Resigned as Director
Location & real-estate footprint
Registered office, Hove
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Elzenstraat 492540 HoveGround area
492 m²
Building footprint
127 m²
Parcel 11021B0289/00C000, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021B0289/00C000 | Flanders | 492 m² | 1 · 127 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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JONES LANG LASALLE SERVICES
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LEAN INVEST
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Of 1,280 companies in sector 81100 we hold annual accounts for 678. 464 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-09-1994
Fiscal year end31-12
Activities, NACEBEL
70322
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.