LIPEK
ActiveLIPEK has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €8k. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 93% of 13936 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+14
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 18.99 against 23.14 in 2024; short-term debt: 5% and cash: 69.4% of total assets), and 6.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
93.3%
Return on assets
16.4%
Age of the figures
9 mo
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 06-03-2026, 147 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
147 d early
2024
66 d early
2023
142 d early
2022
49 d early
2021
128 d early
2020
34 d late
2019
28 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€68k
EBIT margin
1.0%
Net result
€8k▲ 292%
2024 · €2k
2018: €356
2019: €2k
2020: €9k
2021: €3k
2022: €13k
2023: €1k
2024: €2k
2018 → 2025
Working capital
€46k▲ 31.1%
2024 · €35k
2018: €6k
2019: €9k
2020: €13k
2021: €18k
2022: €31k
2023: €32k
2024: €35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€35k▲ 61.2%€37k▲ 3.7%€39k▲ 5.8%€47k▲ 21.4%
Operating result€4k-€18k▲ 304%€2k▼ 88.4%€3k▲ 38.9%€10k▲ 270%
Net result€3k-€13k▲ 373%€1k▼ 90.3%€2k▲ 62.5%€8k▲ 292%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 270% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50k
Fixed assets
€2k▼ 41.8%
Current assets
€48k▲ 32.4%
Equity and liabilities €50k
Equity
€47k▲ 21.4%
Debt
€3k▲ 114%
The debt ratio rises from 3.9% to 6.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▲
2024 · €5k
Cash flow
€10k▲
2024 · €4k
Solvency
93.3%▼
2024 · 96.1%
Current ratio
18.99▼
2024 · 23.14
Quick ratio
18.59▼
2024 · 22.50
Debt / equity
0.07▲
2024 · 0.04
ROE
17.6%▲
2024 · 5.5%
ROA
16.4%▲
2024 · 5.2%
Interest coverage
162.17▲
2024 · 22.61
Debt
€3k▲
2024 · €2k
Debt ≤ 1 year
€3k▲
2024 · €2k
Income taxes
€2k▲
2024 · €502
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€40k€50k▲
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€3k€1k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€359-
Financial fixed assets28€1k€1k=
Current assets29/58€36k€48k▲
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€4k€11k▲
Trade receivables40€318€8k▲
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€31k€35k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€40k€50k▲
Equity10/15€39k€47k▲
Contributions10/11€7k€7k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Profit (loss) carried forward14€30k€39k▲
Amounts payable17/49€2k€3k▲
Amounts payable within one year42/48€2k€3k▲
Trade debts44€66€305▲
Suppliers440/4€66€305▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3-€722
Remuneration and social security454/9€2k€2k=
Accrued charges and deferred income492/3-€831
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€768€548▼
Gross operating margin9900€6k€13k▲
Operating profit (loss)9901€3k€10k▲
Financial income75/76B€14€0▼
Recurring financial income75€14€0▼
Financial charges65/66B€229€75▼
Recurring financial charges65€229€75▼
Profit (loss) for the period before taxes9903€3k€10k▲
Income taxes67/77€502€2k▲
Profit (loss) for the period9904€2k€8k▲
Profit (loss) for the period to be appropriated9905€2k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€39k▲
Profit (loss) brought forward from the previous period14P€28k€30k▲
The notes to these accounts (7 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
06-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 5current ratio 23.14
Current ratio from 5.14 to 23.14; short-term debt falls from €8k to €2k.
11-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €13k ▲373%
Operating result €18k, net result €13k, both a record.
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 34 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 8.42
Current ratio from 3.81 to 8.42; short-term debt falls from €2k to €1k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Etterbeek · 1 establishment unit 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.
Steenweg op Waver 6601040 EtterbeekGround area
240 m²
Building footprint
242 m²
Volume, LiDAR
1,850 m³
Parcel 21362B0030/00V006, Brussels · tallest building 15.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIPEK
since 20162.251.848.565
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0030/00V006 | Brussels | 240 m² | 1 · 241 m² | 15.5 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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RLG IMMO-PRO
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PROJECTWERK
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Of 9,697 companies in sector 68121 we hold annual accounts for 7,381. 4,957 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-2016
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43240Other construction installation
43299Specialised construction activities
43350Other building finishing work
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:lipek24@wp.pl
Phone:0487/37.93.41