Lapage Technics
ActiveSummary
The computed 12-month bankruptcy probability of Lapage Technics is 1.7% (moderate). The 2025 annual accounts show equity of €168,037 and a net result of €28,722. Equity is growing by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 82% of 28184 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-10
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 4.33 against 5.24 in 2024; short-term debt: 22.9% and cash: 63.5% of total assets), and 22.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
77.1%
Return on assets
13.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
9 d early
2024
13 d early
2023
5 d early
2022
32 d early
2021
27 d early
2020
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, micro schema
Equity
€168,037▼ 36.6%
2024 · €265,148
Total assets
€218,035▼ 33.4%
2024 · €327,429
Net result
€28,722▼ 58.2%
2024 · €68,765
Working capital
€166,309▼ 37.0%
2024 · €264,064
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€57,729▼ 37.5%€91,175▲ 57.9%€32,852▼ 64.0%€98,347▲ 199%€42,568▼ 56.7%
Net result€42,664above the sector's middle half▼ 35.6%€65,706above the sector's middle half▲ 54.0%€20,806within the sector's middle half▼ 68.3%€68,765above the sector's middle half▲ 231%€28,722within the sector's middle half▼ 58.2%
Equity€112,363within the sector's middle half▲ 59.4%€177,269above the sector's middle half▲ 57.8%€197,242above the sector's middle half▲ 11.3%€265,148above the sector's middle half▲ 34.4%€168,037above the sector's middle half▼ 36.6%
Total assets€241,131within the sector's middle half▲ 38.4%€284,811within the sector's middle half▲ 18.1%€305,968above the sector's middle half▲ 7.4%€327,429above the sector's middle half▲ 7.0%€218,035within the sector's middle half▼ 33.4%
Debt€128,769▲ 24.2%€107,542▼ 16.5%€108,726▲ 1.1%€62,281▼ 42.7%€49,998▼ 19.7%
Working capital€93,888▲ 96.1%€162,113▲ 72.7%€211,145▲ 30.2%€264,064▲ 25.1%€166,309▼ 37.0%
Solvency46.6%within the sector's middle half▲ 6.1pp62.2%within the sector's middle half▲ 15.6pp64.5%within the sector's middle half▲ 2.2pp81.0%above the sector's middle half▲ 16.5pp77.1%above the sector's middle half▼ 3.9pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €218,035
Fixed assets
€1,728 ▲ 59.3%
Current assets
€216,307 ▼ 33.7%
Equity and liabilities €218,035
Equity
€168,037 ▼ 36.6%
Debt
€49,998 ▼ 19.7%
Debt's share of the balance-sheet total rises from 19.0% to 22.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€44,156▼
2024 · €102,210
Cash flow
€30,309▼
2024 · €72,628
Current ratio
4.33▼
2024 · 5.24
Debt to equity
0.30▲
2024 · 0.23
ROE
17.1%▼
2024 · 25.9%
ROA
13.2%▼
2024 · 21.0%
Interest coverage
13.50▼
2024 · 23.47
Debt ≤ 1 year
€49,998▼
2024 · €62,281
Income taxes
€10,600▼
2024 · €25,234
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,294 | €15,032 | €12,265 | €3,862 | €1,587 | ▼ 58.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €15,482 | €1,760 | ▼ 88.6% |
| Other operating charges640/8 | €1,329 | €683 | €825 | €582 | €1,387 | ▲ 138% |
| Non-recurring operating charges66A | - | - | €500 | - | - | - |
| Gross operating margin9900 | €73,352 | €106,891 | €46,442 | €118,273 | €47,302 | ▼ 60.0% |
| Operating profit (loss)9901 | €57,729 | €91,175 | €32,852 | €98,347 | €42,568 | ▼ 56.7% |
| Financial income75/76B | €194 | €150 | - | €6 | €23 | ▲ 271% |
| Recurring financial income75 | €194 | €150 | - | €6 | €23 | ▲ 271% |
| Financial charges65/66B | €434 | €3,158 | €3,927 | €4,354 | €3,270 | ▼ 24.9% |
| Recurring financial charges65 | €434 | €3,158 | €3,927 | €4,354 | €3,270 | ▼ 24.9% |
| Profit (loss) for the period before taxes9903 | €57,488 | €88,168 | €28,926 | €93,999 | €39,321 | ▼ 58.2% |
| Income taxes67/77 | €14,824 | €22,461 | €8,120 | €25,234 | €10,600 | ▼ 58.0% |
| Profit (loss) for the period9904 | €42,664 | €65,706 | €20,806 | €68,765 | €28,722 | ▼ 58.2% |
| Profit (loss) for the period to be appropriated9905 | €42,664 | €65,706 | €20,806 | €68,765 | €28,722 | ▼ 58.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €241,131 | €284,811 | €305,968 | €327,429 | €218,035 | ▼ 33.4% |
| Fixed assets21/28 | €26,831 | €17,211 | €4,947 | €1,085 | €1,728 | ▲ 59.3% |
| Intangible fixed assets21 | €1 | €1 | €1 | €1 | €0 | ▼ 19.2% |
| Tangible fixed assets22/27 | €26,830 | €17,211 | €4,946 | €1,084 | €1,727 | ▲ 59.4% |
| Plant, machinery and equipment23 | €9,511 | €4,753 | €1,485 | €495 | €1,727 | ▲ 249% |
| Furniture and vehicles24 | €17,319 | €12,458 | €3,462 | €589 | - | - |
| Current assets29/58 | €214,300 | €267,599 | €301,021 | €326,344 | €216,307 | ▼ 33.7% |
| Amounts receivable within one year40/41 | €61,724 | €78,411 | €85,846 | €70,953 | €77,418 | ▲ 9.1% |
| Trade receivables40 | €34,753 | €75,582 | €75,638 | €59,167 | €69,612 | ▲ 17.7% |
| Other amounts receivable41 | €26,971 | €2,829 | €10,208 | €11,786 | €7,806 | ▼ 33.8% |
| Cash at bank and in hand54/58 | €152,576 | €189,052 | €215,036 | €254,924 | €138,403 | ▼ 45.7% |
| Deferred charges and accrued income490/1 | - | €136 | €139 | €467 | €486 | ▲ 4.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €241,131 | €284,811 | €305,968 | €327,429 | €218,035 | ▼ 33.4% |
| Equity10/15 | €112,363 | €177,269 | €197,242 | €265,148 | €168,037 | ▼ 36.6% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €107,363 | €172,269 | €192,242 | €260,148 | €163,037 | ▼ 37.3% |
| Distributable reserves133 | €107,363 | €172,269 | €192,242 | €260,148 | €163,037 | ▼ 37.3% |
| Amounts payable17/49 | €128,769 | €107,542 | €108,726 | €62,281 | €49,998 | ▼ 19.7% |
| Amounts payable after more than one year17 | €8,175 | €2,056 | - | - | - | - |
| Financial debts170/4 | €8,175 | €2,056 | - | - | - | - |
| Amounts payable within one year42/48 | €120,413 | €105,486 | €89,876 | €62,281 | €49,998 | ▼ 19.7% |
| Current portion of amounts payable after more than one year42 | €6,047 | €6,119 | €2,056 | - | - | - |
| Trade debts44 | €14,477 | €11,881 | €30,139 | €5,753 | €8,920 | ▲ 55.0% |
| Suppliers440/4 | €14,477 | €11,881 | €30,139 | €5,753 | €8,920 | ▲ 55.0% |
| Taxes, remuneration and social security45 | €22,985 | €23,122 | €985 | €3,471 | €2,898 | ▼ 16.5% |
| Taxes450/3 | €22,985 | €23,122 | €985 | €1,471 | €898 | ▼ 39.0% |
| Remuneration and social security454/9 | - | - | - | €2,000 | €2,000 | = |
| Other amounts payable47/48 | €76,904 | €64,364 | €56,697 | €53,056 | €38,180 | ▼ 28.0% |
| Accrued charges and deferred income492/3 | €181 | - | €18,850 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,664 | €65,706 | €20,806 | €68,765 | €28,722 | ▼ 58.2% |
| + Depreciation and write-downs630 | €14,294 | €15,032 | €12,265 | €3,862 | €1,587 | ▼ 58.9% |
| Operating cash flow (approximation) | €56,957 | €80,739 | €33,070 | €72,628 | €30,309 | ▼ 58.3% |
| Investment in fixed assets (approximation) | - | -€5,413 | €0 | €0 | -€2,231 | - |
| Change in cash | - | €36,476 | €25,984 | €39,888 | -€116,522 | ▼ 392% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €68,765 ▲231%
Operating result €98,347, net result €68,765, both a record.
31-12
Financial
Equity above €200,000Eq €265,148 ▲34.4%
5 profitable years in a row build equity to €265,148.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €20,806 ▼68.3%
Net result drops to €20,806, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150,000Eq €177,269 ▲57.8%
3 profitable years in a row build equity to €177,269.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €112,363 ▲59.4%
2 profitable years in a row build equity to €112,363.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oudenaarde · 1 establishment unit since 2019
Ground area
2,606 m²
Building footprint
232 m²
Volume, LiDAR
1,008 m³
Parcel 45504A0006/00D006, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lapage Technics
since 20192.294.793.831
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45504A0006/00D006 | Flanders | 2,606 m² | 1 · 232 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 1,097 EUR awarded · 1,097 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 338 EUR | 338 EUR |
| 2023 | 1 | 759 EUR | 759 EUR |
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Of 9,536 companies in sector 43222 we hold annual accounts for 5,667. 4,891 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0736406182
Also
9925:BE0736406182
Registered
13-12-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.