LAPIS ARTE
ActiveLAPIS ARTE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €572k and a net result of €74k. Equity is growing by ~38% per year across the filed fiscal years. Its solvency ranks better than 55% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-15
Solvency76▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.86 against 2.18 in 2024; short-term debt: 38.8% and cash: 36.8% of total assets), and 48.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
51.4%
Return on assets
6.6%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
33 d early
2021
4 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€572k▲ 9.2%
2024 · €524k
2018: €72k
2019: €105k
2020: €106k
2021: €123k
2022: €198k
2023: €363k
2024: €524k
2018 → 2025
Total assets
€1.11M▲ 16.7%
2024 · €954k
2018: €267k
2019: €310k
2020: €298k
2021: €285k
2022: €535k
2023: €807k
2024: €954k
2018 → 2025
Net result
€74k▼ 59.0%
2024 · €180k
2018: €17k
2019: €34k
2020: €1k
2021: €17k
2022: €75k
2023: €182k
2024: €180k
2018 → 2025
Working capital
€370k▲ 5.7%
2024 · €350k
2018: €38k
2019: €84k
2020: €79k
2021: €104k
2022: €120k
2023: €201k
2024: €350k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€123k-€198k▲ 61.0%€363k▲ 82.9%€524k▲ 44.6%€572k▲ 9.2%
Operating result€22k-€103k▲ 361%€259k▲ 151%€237k▼ 8.4%€113k▼ 52.3%
Net result€17k-€75k▲ 347%€182k▲ 143%€180k▼ 1.5%€74k▼ 59.0%
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 has fallen two years in a row; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.11M
Fixed assets
€311k▲ 1.2%
Current assets
€802k▲ 24.1%
Equity and liabilities €1.11M
Equity
€572k▲ 9.2%
Debt
€541k▲ 25.9%
The debt ratio rises from 45.0% to 48.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€203k▼
2024 · €318k
Cash flow
€164k▼
2024 · €260k
Solvency
51.4%▼
2024 · 55.0%
Current ratio
1.86▼
2024 · 2.18
Quick ratio
1.49▲
2024 · 1.08
Debt / equity
0.94▲
2024 · 0.82
ROE
12.9%▼
2024 · 34.3%
ROA
6.6%▼
2024 · 18.8%
Interest coverage
34.38▼
2024 · 35.11
Debt
€541k▲
2024 · €429k
Debt ≤ 1 year
€432k▲
2024 · €296k
Debt > 1 year
€103k▼
2024 · €128k
Income taxes
€35k▼
2024 · €49k
Staff costs
€853k▲
2024 · €762k
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€954k€1.11M▲
Fixed assets21/28€307k€311k▲
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€294k€298k▲
Land and buildings22€75k€67k▼
Plant, machinery and equipment23€77k€78k▲
Furniture and vehicles24€143k€132k▼
Other tangible fixed assets26-€20k
Financial fixed assets28€11k€12k▲
Current assets29/58€646k€802k▲
Stocks and contracts in progress3€327k€160k▼
Contracts in progress37€327k€160k▼
Amounts receivable within one year40/41€92k€219k▲
Trade receivables40€78k€192k▲
Other amounts receivable41€14k€28k▲
Cash at bank and in hand54/58€215k€410k▲
Deferred charges and accrued income490/1€13k€13k▼
Equity and liabilities
Total equity and liabilities10/49€954k€1.11M▲
Equity10/15€524k€572k▲
Contributions10/11€19k€19k=
Reserves13€506k€554k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€506k€554k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€429k€541k▲
Amounts payable after more than one year17€128k€103k▼
Financial debts170/4€128k€103k▼
Amounts payable within one year42/48€296k€432k▲
Current portion of amounts payable after more than one year42€40k€44k▲
Trade debts44€152k€122k▼
Suppliers440/4€152k€122k▼
Advances received on contracts in progress46-€124k
Taxes, remuneration and social security45€59k€111k▲
Taxes450/3€13k€62k▲
Remuneration and social security454/9€46k€49k▲
Other amounts payable47/48€45k€31k▼
Accrued charges and deferred income492/3€5k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€762k€853k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€90k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€1.08M€1.06M▼
Operating profit (loss)9901€237k€113k▼
Financial income75/76B€86€2k▲
Recurring financial income75€86€2k▲
Financial charges65/66B€9k€6k▼
Recurring financial charges65€9k€6k▼
Profit (loss) for the period before taxes9903€228k€109k▼
Income taxes67/77€49k€35k▼
Profit (loss) for the period9904€180k€74k▼
Profit (loss) for the period to be appropriated9905€180k€74k▼
Appropriation of the result
Profit (loss) to be appropriated9906€180k€74k▼
Transfer from equity791/2-€26k
Transfer to equity691/2€162k€74k▼
To other reserves6921€162k€74k▼
Profit to be distributed694/7€18k€26k▲
Return on contributions (dividend)694-€26k
Directors or managers695€18k€0▼
Social balance
Average headcount (FTE)908714.1-
The notes to these accounts (16 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €500kEq €524k ▲44.6%
7 profitable years in a row build equity to €524k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €182k ▲143%
Operating result €259k, net result €182k, both a record.
30-09
Financial
Equity above €200kEq €363k ▲82.9%
6 profitable years in a row build equity to €363k.
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €150kEq €198k ▲61%
5 profitable years in a row build equity to €198k.
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €1k ▼96.6%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €100kEq €105k ▲45.4%
2 profitable years in a row build equity to €105k.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Oosterzele · 2 establishment units since 2016
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.
Pastorieberg 39860 OosterzeleGround area
580 m²
Building footprint
101 m²
Volume, LiDAR
556 m³
Parcel 44007B0756/00H000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
LAPIS ARTE
since 20162.251.117.008
LAPIS ARTE
since 20222.328.622.085
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44007B0756/00H000 | Flanders | 580 m² | 1 · 101 m² | 9.1 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,529 EUR awarded · 3,735 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,002 EUR | 1,805 EUR |
| 2024 | 1 | 927 EUR | 1,133 EUR |
| 2023 | 1 | 1,163 EUR | 360 EUR |
| 2022 | 1 | 437 EUR | 437 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
3 categoriesLAPIS ARTE BV33685
Similar companies · same sector, comparable size
VERSLUYS
BE 0407.716.734
Bredene · Eq €572k
MANCINELLI M.
BE 0465.617.321
Juprelle · Eq €574k
TRAVAUX DIVERS NAMUROIS
BE 0474.171.038
Jemeppe-sur-Sambre · Eq €571k
BATI-NORD
BE 0870.625.874
Tubize · Eq €570k
CLADDING
BE 0431.605.260
Peer · Eq €570k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,421. 4,306 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-2010
Fiscal year end30-09
Activities, NACEBEL
43990Other specialised construction activities
43995Specialised construction activities
02100Forestry and logging
23700Cutting, shaping and finishing of stone
91030Libraries, archives, museums and other cultural activities
91220Libraries, archives, museums and other cultural activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.