LAPWING 21

Active

Private limited companyfounded 20188 yrs activeKiewitstraat 21, 3660 Oudsbergen, BelgiumKBO/BCE: BE 0699.463.634

LAPWING 21 has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €95. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2025

33 / 100

Weak▼ -57 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability2▼-98

Solvency14▼-86

Growth32▼-46

Stability100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days only on tighter terms

Liquidity short (current ratio 0.92 against 7.03 in 2024), and 92.7% of the assets are financed with debt.

How do we compute the score and the probability?

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

Lower-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

7.3%

Return on assets

Age of the figures

8 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 31527 sector peers (2025).

NBB · sector comparison

Position among 31527 sector peers

Solvency

better than 15%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-04-2026, 119 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

119 d early

2024

24 d early

2023

30 d late

2022

4 d early

2021

4 d early

← before the deadline after the deadline →

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 months

Position in the running window

15-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, micro schema

Equity

€25k▼ 90.6%

2024 · €265k

2021: €62k 2022: €169k 2023: €351k 2024: €265k

2021 → 2025

Total assets

€341k▲ 13.7%

2024 · €300k

2021: €80k 2022: €345k 2023: €479k 2024: €300k

2021 → 2025

Net result

€95▼ 99.9%

2024 · €122k

2021: €13k 2022: €144k 2023: €300k 2024: €122k

2021 → 2025

Working capital

€-26k

2024 · €215k

2021: €55k 2022: €159k 2023: €339k 2024: €215k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€62k-€169k▲ 174%€351k▲ 108%€265k▼ 24.7%€25k▼ 90.6%

Operating result€17k-€195k▲ 1,020%€396k▲ 103%€164k▼ 58.7%€9k▼ 94.2%

Net result€13k-€144k▲ 1,004%€300k▲ 108%€122k▼ 59.3%€95▼ 99.9%

Turnover and EBIT margin not published: the 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 94% below 2024 and is the lowest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €341k

15.0%

85.0%

Fixed assets €51k▲ 2.8%

Current assets €290k▲ 15.9%

Equity and liabilities €341k

92.7%

Equity €25k▼ 90.6%

Debt €317k▲ 789%

The debt ratio rises from 11.9% to 92.7%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€15k▼

2024 · €168k

Cash flow

€6k▼

2024 · €127k

Solvency

7.3%▼

2024 · 88.1%

Current ratio

0.92▼

2024 · 7.03

Quick ratio

0.92▼

2024 · 7.03

Debt / equity

12.69▲

2024 · 0.13

ROE

0.4%▼

2024 · 46.1%

ROA

0.0%▼

2024 · 40.7%

Interest coverage

2.59▼

2024 · 57.63

Debt

€317k▲

2024 · €36k

Debt ≤ 1 year

€316k▲

2024 · €36k

Income taxes

€4k▼

2024 · €39k

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€300k€341k▲

Fixed assets21/28€50k€51k▲

Tangible fixed assets22/27€10k€11k▲

Land and buildings22€3k€2k▼

Plant, machinery and equipment23€3k€4k▲

Furniture and vehicles24€3k€6k▲

Financial fixed assets28€40k€40k=

Current assets29/58€250k€290k▲

Amounts receivable after more than one year29€0-

Trade receivables290€0-

Amounts receivable within one year40/41€66k€93k▲

Trade receivables40€0€15k▲

Other amounts receivable41€66k€78k▲

Cash at bank and in hand54/58€149k€166k▲

Deferred charges and accrued income490/1€36k€31k▼

Equity and liabilities

Total equity and liabilities10/49€300k€341k▲

Equity10/15€265k€25k▼

Contributions10/11€6k€6k=

Reserves13€259k€19k▼

Distributable reserves133€259k€19k▼

Profit (loss) carried forward14€0€0=

Amounts payable17/49€36k€317k▲

Amounts payable within one year42/48€36k€316k▲

Current portion of amounts payable after more than one year42€0-

Trade debts44€3k€1k▼

Suppliers440/4€3k€1k▼

Taxes, remuneration and social security45€33k€7k▼

Taxes450/3€33k€7k▼

Other amounts payable47/48€0€308k▲

Accrued charges and deferred income492/3-€87

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲

Other operating charges640/8€2k€1k▼

Non-recurring operating charges66A€15k€0▼

Gross operating margin9900€184k€16k▼

Operating profit (loss)9901€164k€9k▼

Financial income75/76B€126€0▼

Recurring financial income75€126€0▼

Financial charges65/66B€3k€6k▲

Recurring financial charges65€3k€6k▲

Profit (loss) for the period before taxes9903€161k€4k▼

Income taxes67/77€39k€4k▼

Profit (loss) for the period9904€122k€95▼

Profit (loss) for the period to be appropriated9905€122k€95▼

Appropriation of the result

Profit (loss) to be appropriated9906€122k€95▼

Transfer from equity791/2€87k€240k▲

Transfer to equity691/2€0-

To other reserves6921€0-

Profit to be distributed694/7€209k€240k▲

Return on contributions (dividend)694€209k€240k▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 9Financial 4Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

03-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €95 ▼99.9%

Net result drops to €95, the lowest in the series.

07-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

31-12

Financial Highest result since 2021net €300k ▲108%

Operating result €396k, net result €300k, both a record.

31-12

Financial Equity above €200kEq €351k ▲108%

3 profitable years in a row build equity to €351k.

27-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €150kEq €169k ▲174%

2 profitable years in a row build equity to €169k.

27-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Oudsbergen · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Kiewitstraat 213660 Oudsbergen

Ground area

465 m²

Building footprint

129 m²

Volume, LiDAR

432 m³

Parcel 71562B0827/00W000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

LAPWING 21

Kiewitstraat 21, 3660 OudsbergenAgents specialised in the wholesale of other particular products

since 20182.277.363.129

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71562B0827/00W000	Flanders	465 m²	1 · 129 m²	6.6 m · 1 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.

Similar companies · same sector, comparable size

Design d'Intérêt Général

BE 0803.281.348

Chastre · Eq €25k

Of 82,241 companies in sector 70200 we hold annual accounts for 52,386. 32,770 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-07-2018

Fiscal year end31-12

Activities, NACEBEL

70200Business and other management consultancy

70220Business consulting

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 5 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.