LAPIS

Active

Public limited companyfounded 197749 yrs activeAutostrade 30, 1840 Londerzeel, BelgiumKBO/BCE: BE 0417.458.306

Summary

LAPIS has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €44k and a net result of €-12k. Its solvency ranks better than 82% of 9040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysis Watch Report Compare

LAPISActiveChecked score 71/100

Risk analysis Report Compare

Checked score

Score 2024

71 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-26

Solvency100▲+13

Growth32

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity ample (current ratio 4.28 against 4.38 in 2023; short-term debt: 23.4% and cash: 96% of total assets), and 23.4% of the assets are financed with debt.

Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

76.6%

Return on assets

-21.8%

Age of the figures

21 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Wholesale trade (NACE 46)

about 21% more bankruptcies

← fewer bankruptcies more bankruptcies →

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

2324

2023 to 2024 · latest year €-12k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

14 d early

2023

65 d late

2022

24 d late

2021

57 d late

2020

73 d late

2019

76 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€44k▼ 22.1%

2023 · €56k

2023: €56k 2024: €44k▼ -22.1% vs 2023

2023 → 2024

Total assets

€57k▼ 36.5%

2023 · €90k

2023: €90k 2024: €57k▼ -36.5% vs 2023

2023 → 2024

Net result

€-12k▼ 192%

2023 · €-4k

2023: €-4k 2024: €-12k▼ -192% vs 2023

2023 → 2024

Working capital

€44k▼ 37.0%

2023 · €70k

2023: €70k 2024: €44k▼ -37.0% vs 2023

2023 → 2024

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€56k-€44k▼ 22.1% 2023: €56k 2024: €44k▼ -22.1% vs 2023

Operating result€-2k-€-12k▼ 682% 2023: €-2k 2024: €-12k▼ -682% vs 2023

Net result€-4k-€-12k▼ 192% 2023: €-4k 2024: €-12k▼ -192% vs 2023

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 stays negative: a loss of €12k in 2024 against €2k in 2023; the loss grows.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €57k

76.6%

23.4%

Equity €44k ▼ 22.1%

Debt €13k ▼ 60.5%

Debt's share of the balance-sheet total falls from 37.5% to 23.4%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

Current ratio

4.28▼

2023 · 4.38

Debt to equity

0.30▼

2023 · 0.60

ROE

-28.4%▼

2023 · -7.6%

ROA

-21.8%▼

2023 · -4.7%

Debt ≤ 1 year

€13k▼

2023 · €21k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines

Balance sheet Code20232024

Assets

Total assets20/58€90k€57k▼

Current assets29/58€90k€57k▼

Amounts receivable within one year40/41€16k€2k▼

Other amounts receivable41€16k€2k▼

Cash at bank and in hand54/58€74k€55k▼

Equity and liabilities

Total equity and liabilities10/49€90k€57k▼

Equity10/15€56k€44k▼

Contributions10/11€365k€365k=

Capital10€365k€365k=

Issued capital100€365k€365k=

Reserves13€68k€68k=

Non-distributable reserves130/1€68k€68k=

Legal reserve130€37k€37k=

Reserves not available under the articles1311€0-

Other1319€31k€31k=

Profit (loss) carried forward14€-377k€-389k▼

Amounts payable17/49€34k€13k▼

Amounts payable within one year42/48€21k€13k▼

Trade debts44€63€13k▲

Suppliers440/4€63€13k▲

Other amounts payable47/48€21k€0▼

Accrued charges and deferred income492/3€13k€0▼

Income statement Code20232024

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-

Other operating charges640/8€419€1k▲

Gross operating margin9900€-1k€-11k▼

Operating profit (loss)9901€-2k€-12k▼

Financial income75/76B€1€0▼

Recurring financial income75€1€0▼

Financial charges65/66B€3k€586▼

Recurring financial charges65€3k€586▼

Profit (loss) for the period before taxes9903€-4k€-12k▼

Profit (loss) for the period9904€-4k€-12k▼

Profit (loss) for the period to be appropriated9905€-4k€-12k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-377k€-389k▼

Profit (loss) brought forward from the previous period14P€-372k€-377k▼

Accounts by statement

Income statement Balance sheet Cash flow

Line	2023	2024	Change
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4	€0	-	-
Other operating charges640/8	€419	€1k	▲ 198%
Gross operating margin9900	€-1k	€-11k	▼ 867%
Operating profit (loss)9901	€-2k	€-12k	▼ 682%
Financial income75/76B	€1	€0	▼ 100%
Recurring financial income75	€1	€0	▼ 100%
Financial charges65/66B	€3k	€586	▼ 78.7%
Recurring financial charges65	€3k	€586	▼ 78.7%
Profit (loss) for the period before taxes9903	€-4k	€-12k	▼ 192%
Profit (loss) for the period9904	€-4k	€-12k	▼ 192%
Profit (loss) for the period to be appropriated9905	€-4k	€-12k	▼ 192%

Line	2023	2024	Change
Assets
Total assets20/58	€90k	€57k	▼ 36.5%
Current assets29/58	€90k	€57k	▼ 36.5%
Amounts receivable within one year40/41	€16k	€2k	▼ 85.6%
Other amounts receivable41	€16k	€2k	▼ 85.6%
Cash at bank and in hand54/58	€74k	€55k	▼ 26.0%
Equity and liabilities
Total equity and liabilities10/49	€90k	€57k	▼ 36.5%
Equity10/15	€56k	€44k	▼ 22.1%
Contributions10/11	€365k	€365k	=
Capital10	€365k	€365k	=
Issued capital100	€365k	€365k	=
Reserves13	€68k	€68k	=
Non-distributable reserves130/1	€68k	€68k	=
Legal reserve130	€37k	€37k	=
Reserves not available under the articles1311	€0	-	-
Other1319	€31k	€31k	=
Profit (loss) carried forward14	€-377k	€-389k	▼ 3.3%
Amounts payable17/49	€34k	€13k	▼ 60.5%
Amounts payable within one year42/48	€21k	€13k	▼ 35.0%
Trade debts44	€63	€13k	▲ 21,055%
Suppliers440/4	€63	€13k	▲ 21,055%
Other amounts payable47/48	€21k	€0	▼ 100%
Accrued charges and deferred income492/3	€13k	€0	▼ 100%

Line	2023	2024	Change
Profit (loss) for the period9904	€-4k	€-12k	▼ 192%
Operating cash flow (approximation)	€-4k	€-12k	▼ 192%
Change in cash	-	€-19k	-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.