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LBP

Active
Private limited companyfounded 2021active for 4 yearsSint-Hubertusstraat 11, 2600 Antwerpen, BelgiumKBO/BCE: BE 0776.450.554
Summary

LBP has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,937 and a net result of -€4,041. Equity is growing by about 6.3% per year across the filed financial years. Its solvency ranks better than 79% of 4,288 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Financials · financial year 2025, micro format

Equity
€60,937▼ 6.2%
2024 · €64,978
Total assets
€77,897▼ 3.9%
2024 · €81,060
Net result
-€4,041
2024 · €5,159
Working capital
€56,679▼ 7.4%
2024 · €61,224
Trend over the years

2022 to 2025, 4 financial years

The operating result turns negative in 2025: a loss of €1,361 after €9,187 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€1,361 2025 Net result-€4,041 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 74, Other professional, scientific and technical activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€73,756-€12,670▼ 82.8%€9,187▼ 27.5%-€1,361
Net result€52,732above the sector's middle half-€6,088within the sector's middle half▼ 88.5%€5,159within the sector's middle half▼ 15.3%-€4,041below the sector's middle half
Equity€53,732within the sector's middle half-€59,819within the sector's middle half▲ 11.3%€64,978within the sector's middle half▲ 8.6%€60,937within the sector's middle half▼ 6.2%
Total assets€89,797within the sector's middle half-€102,731within the sector's middle half▲ 14.4%€81,060within the sector's middle half▼ 21.1%€77,897within the sector's middle half▼ 3.9%
Debt€36,065-€42,912▲ 19.0%€16,081▼ 62.5%€16,960▲ 5.5%
Working capital€50,678within the sector's middle half-€55,236within the sector's middle half▲ 9.0%€61,224within the sector's middle half▲ 10.8%€56,679within the sector's middle half▼ 7.4%
Solvency59.8%within the sector's middle half-58.2%within the sector's middle half▼ 1.6pp80.2%above the sector's middle half▲ 21.9pp78.2%above the sector's middle half▼ 1.9pp
Current ratio2.41within the sector's middle half-2.29within the sector's middle half▼ 0.124.81above the sector's middle half▲ 2.524.87above the sector's middle half▲ 0.06
Return on assets (ROA)58.7%above the sector's middle half-5.9%within the sector's middle half▼ 52.8pp6.4%within the sector's middle half▲ 0.4pp-5.2%below the sector's middle half▼ 11.6pp
above within below the middle half of NACE 74, Other professional, scientific and technical activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €77,897
Fixed assets €6,575 ▲ 75.1%
Current assets €71,322 ▼ 7.7%
Equity and liabilities €77,897
Equity €60,937 ▼ 6.2%
Debt €16,960 ▲ 5.5%
Debt's share of the balance-sheet total rises from 19.8% to 21.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€470▼
2024 · €10,796
Cash flow
-€2,210▼
2024 · €6,768
Debt to equity
0.28▲
2024 · 0.25
ROE
-6.6%▼
2024 · 7.9%
Interest coverage
0.15▼
2024 · 3.04
Debt ≤ 1 year
€14,643▼
2024 · €16,081
Debt > 1 year
€1,500
Income taxes
€700▼
2024 · €4,146
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 91.7% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.2% went bankrupt
5.9% stopped otherwise
91.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 2,146 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€81,060€77,897▼
Fixed assets21/28€3,754€6,575▲
Tangible fixed assets22/27€3,404€3,225▼
Plant, machinery and equipment23€3,404€3,225▼
Financial fixed assets28€350€3,350▲
Current assets29/58€77,305€71,322▼
Amounts receivable after more than one year29€62,315€67,120▲
Other amounts receivable291€62,315€67,120▲
Amounts receivable within one year40/41€10,289€680▼
Trade receivables40€5,381€680▼
Other amounts receivable41€4,908-
Cash at bank and in hand54/58€4,267€1,469▼
Deferred charges and accrued income490/1€435€2,053▲
Equity and liabilities
Total equity and liabilities10/49€81,060€77,897▼
Equity10/15€64,978€60,937▼
Contributions10/11€1,000€1,000=
Reserves13€63,978€63,978=
Distributable reserves133€63,978€63,978=
Profit (loss) carried forward14--€4,041
Amounts payable17/49€16,081€16,960▲
Amounts payable after more than one year17-€1,500
Other amounts payable178/9-€1,500
Amounts payable within one year42/48€16,081€14,643▼
Financial debts43-€45
Credit institutions430/8-€45
Trade debts44€453€6,683▲
Suppliers440/4€453€6,683▲
Taxes, remuneration and social security45€15,629€7,914▼
Taxes450/3€13,306€7,914▼
Remuneration and social security454/9€2,322-
Accrued charges and deferred income492/3-€817
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,609€1,831▲
Other operating charges640/8€906€118▼
Gross operating margin9900€11,702€588▼
Operating profit (loss)9901€9,187-€1,361▼
Financial income75/76B€3,670€1,081▼
Recurring financial income75€3,670€1,081▼
Financial charges65/66B€3,552€3,061▼
Recurring financial charges65€3,552€3,061▼
Profit (loss) for the period before taxes9903€9,305-€3,342▼
Income taxes67/77€4,146€700▼
Profit (loss) for the period9904€5,159-€4,041▼
Profit (loss) for the period to be appropriated9905€5,159-€4,041▼
Appropriation of the result
Profit (loss) to be appropriated9906€5,159-€4,041▼
Transfer to equity691/2€5,159-
To other reserves6921€5,159-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€528€1,765€1,609€1,831▲ 13.8%
Other operating charges640/8€2,272€1,623€906€118▼ 87.0%
Gross operating margin9900€76,556€16,057€11,702€588▼ 95.0%
Operating profit (loss)9901€73,756€12,670€9,187-€1,361-
Financial income75/76B€1,945€899€3,670€1,081▼ 70.5%
Recurring financial income75€1,945€899€3,670€1,081▼ 70.5%
Financial charges65/66B€664€3,027€3,552€3,061▼ 13.8%
Recurring financial charges65€664€3,027€3,552€3,061▼ 13.8%
Profit (loss) for the period before taxes9903€75,037€10,542€9,305-€3,342-
Income taxes67/77€22,305€4,454€4,146€700▼ 83.1%
Profit (loss) for the period9904€52,732€6,088€5,159-€4,041-
Profit (loss) for the period to be appropriated9905€52,732€6,088€5,159-€4,041-
Line2022202320242025Change
Assets
Total assets20/58€89,797€102,731€81,060€77,897▼ 3.9%
Fixed assets21/28€3,054€4,583€3,754€6,575▲ 75.1%
Tangible fixed assets22/27€3,054€4,583€3,404€3,225▼ 5.3%
Plant, machinery and equipment23€3,054€3,120€3,404€3,225▼ 5.3%
Furniture and vehicles24-€1,463---
Financial fixed assets28--€350€3,350▲ 857%
Current assets29/58€86,743€98,148€77,305€71,322▼ 7.7%
Amounts receivable after more than one year29€74,000€62,315€62,315€67,120▲ 7.7%
Other amounts receivable291€74,000€62,315€62,315€67,120▲ 7.7%
Amounts receivable within one year40/41€9,791€5,415€10,289€680▼ 93.4%
Trade receivables40€8,007€4,518€5,381€680▼ 87.4%
Other amounts receivable41€1,783€897€4,908--
Cash at bank and in hand54/58€1,906€29,997€4,267€1,469▼ 65.6%
Deferred charges and accrued income490/1€1,047€421€435€2,053▲ 372%
Equity and liabilities
Total equity and liabilities10/49€89,797€102,731€81,060€77,897▼ 3.9%
Equity10/15€53,732€59,819€64,978€60,937▼ 6.2%
Contributions10/11€1,000€1,000€1,000€1,000=
Reserves13€52,732€58,819€63,978€63,978=
Distributable reserves133€52,732€58,819€63,978€63,978=
Profit (loss) carried forward14----€4,041-
Amounts payable17/49€36,065€42,912€16,081€16,960▲ 5.5%
Amounts payable after more than one year17---€1,500-
Other amounts payable178/9---€1,500-
Amounts payable within one year42/48€36,065€42,912€16,081€14,643▼ 8.9%
Financial debts43---€45-
Credit institutions430/8---€45-
Trade debts44€5,196€4,584€453€6,683▲ 1,376%
Suppliers440/4€5,196€4,584€453€6,683▲ 1,376%
Taxes, remuneration and social security45€30,869€38,328€15,629€7,914▼ 49.4%
Taxes450/3€30,869€35,555€13,306€7,914▼ 40.5%
Remuneration and social security454/9-€2,773€2,322--
Accrued charges and deferred income492/3---€817-
Line2022202320242025Change
Profit (loss) for the period9904€52,732€6,088€5,159-€4,041-
+ Depreciation and write-downs630€528€1,765€1,609€1,831▲ 13.8%
Operating cash flow (approximation)€53,260€7,852€6,768-€2,210-
Investment in fixed assets (approximation)--€3,295-€780-€4,652▼ 497%
Change in cash-€28,091-€25,730-€2,798▲ 89.1%

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

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 02-06-2026 2026-00135685
31-12-2024 micro format 20-06-2025 2025-00164657
31-12-2023 micro format 31-07-2024 2024-00316411
31-12-2022 micro format 27-07-2023 2023-00288606

Similar companies · same sector, comparable size

Of the 14,080 active companies whose main activity is photography, excluding press photography (NACE 74201), figures are known for 2,619. 2,110 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2023 · 2 entries · €2,996 awarded · €2,996 paid
Year Entries AwardedPaid
2023 1 €297€297
2022 1 €2,699€2,699
Schemes
2 entries · €2,996 · €2,996 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.