LAPIZ
ActiveLAPIZ has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60k and a net result of €-14k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 68% of 11210 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-2
Solvency90▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 2.9 in 2024; short-term debt: 26.5% and cash: 55.8% of total assets), and 35.1% 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
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
raises risk · 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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
64.9%
Return on assets
-15.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-14k
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
64 d early
2023
49 d early
2022
47 d early
2021
38 d early
2020
11 d early
2019
31 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€60k▼ 19.4%
2024 · €74k
2018: €56k
2019: €67k
2020: €67k
2021: €90k
2022: €106k
2023: €89k
2024: €74k
2018 → 2025
Total assets
€92k▼ 16.9%
2024 · €111k
2018: €60k
2019: €72k
2020: €91k
2021: €117k
2022: €134k
2023: €113k
2024: €111k
2018 → 2025
Net result
€-14k▲ 2.7%
2024 · €-15k
2018: €7k
2019: €11k
2020: €193
2021: €23k
2022: €18k
2023: €-17k
2024: €-15k
2018 → 2025
Working capital
€36k▼ 20.9%
2024 · €45k
2018: €38k
2019: €55k
2020: €40k
2021: €72k
2022: €99k
2023: €76k
2024: €45k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€90k-€106k▲ 18.9%€89k▼ 16.2%€74k▼ 16.6%€60k▼ 19.4%
Operating result€27k-€21k▼ 22.0%€-16k€-14k▲ 16.2%€-13k▲ 3.7%
Net result€23k-€18k▼ 23.5%€-17k€-15k▲ 14.3%€-14k▲ 2.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €14k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€32k▼ 23.8%
Current assets
€60k▼ 12.8%
Equity and liabilities €92k
Equity
€60k▼ 19.4%
Debt
€32k▼ 11.8%
The debt ratio rises from 33.1% to 35.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▲
2024 · €-5k
Cash flow
€-4k▲
2024 · €-6k
Solvency
64.9%▼
2024 · 66.9%
Current ratio
2.47▼
2024 · 2.90
Quick ratio
2.30▼
2024 · 2.69
Debt / equity
0.54▲
2024 · 0.49
ROE
-24.1%▼
2024 · -20.0%
ROA
-15.6%▼
2024 · -13.4%
Interest coverage
-2.38▲
2024 · -5.76
Debt
€32k▼
2024 · €37k
Debt ≤ 1 year
€24k▲
2024 · €24k
Debt > 1 year
€8k▼
2024 · €13k
Income taxes
€217▼
2024 · €217
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€111k€92k▼
Fixed assets21/28€42k€32k▼
Tangible fixed assets22/27€42k€32k▼
Land and buildings22€1k€859▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€34k€27k▼
Current assets29/58€69k€60k▼
Stocks and contracts in progress3€5k€4k▼
Stocks30/36€5k€4k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€3k€2k▼
Other amounts receivable41€298-
Cash at bank and in hand54/58€58k€51k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€111k€92k▼
Equity10/15€74k€60k▼
Contributions10/11€51k€51k=
Reserves13€38k€38k=
Distributable reserves133€38k€38k=
Profit (loss) carried forward14€-15k€-29k▼
Amounts payable17/49€37k€32k▼
Amounts payable after more than one year17€13k€8k▼
Financial debts170/4€13k€8k▼
Amounts payable within one year42/48€24k€24k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€279€1k▲
Taxes450/3€279€1k▲
Other amounts payable47/48€15k€14k▼
Income statement
Code20242025
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€11k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€-2k€25▲
Operating profit (loss)9901€-14k€-13k▲
Financial income75/76B€0€22▲
Recurring financial income75€0€22▲
Financial charges65/66B€921€1k▲
Recurring financial charges65€921€1k▲
Profit (loss) for the period before taxes9903€-15k€-14k▲
Income taxes67/77€217€217▼
Profit (loss) for the period9904€-15k€-14k▲
Profit (loss) for the period to be appropriated9905€-15k€-14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-29k▼
Profit (loss) brought forward from the previous period14P-€-15k
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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-17k ▼198%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €106k ▲18.9%
5 profitable years in a row build equity to €106k.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €23k ▲11857%
Operating result €27k, net result €23k, both a record.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
06-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 67 days late
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wommelgem · 1 establishment unit since 1980
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.
Herentalsebaan 7682160 WommelgemGround area
596 m²
Building footprint
112 m²
Volume, LiDAR
495 m³
Parcel 11052C0016/00X006, Flanders · tallest building 17.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Herentalsebaan 768, 2160 Wommelgem
since 19802.017.509.037
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0016/00X006 | Flanders | 596 m² | 1 · 112 m² | 17.6 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.
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Of 567 companies in sector 46480 we hold annual accounts for 353. 254 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-05-1980
Fiscal year end31-12
Activities, NACEBEL
46480Wholesale trade
51474
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.