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LIPIC

Active
Public limited companyfounded 2006active for 19 yearsRue à Charrettes (Jem. II) 24, 7012 Mons, BelgiumKBO/BCE: BE 0885.465.785

From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

LIPIC has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€38,690) and a net result of -€36,295. Equity has been shrinking by about 38% per year since 2018. Its solvency ranks better than 14% of 11,235 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 06-12-2006 Normal situation
Legal form
Public limited company
Registered office
Rue à Charrettes (Jem. II) 24, 7012 Mons
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
Establishment unit
2.158.904.947 7340 Colfontaine, since 06-12-2006
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Lallemand EmilieDirector
  • Malengreaux HélèneDirector
  • Malengreaux ThomasDirector

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€72,042
▲ 7.8%
Turnover
≈ €93,000
estimated
Loss
€36,295
▼ 6.4%
Equity
-€38,690
▼ 1,515%
Total assets
€1.6m
▲ 3.0%
2025 accounts filed 24 days after the deadline
Filed on 24-08-2026at the National Bank
Score breakdownraises riskCapped at 59: negative equityNegative equity -€38,690lowers riskSize: total assets €1.6mFigures for financial year 2025 (filed on 26-08-2026)Legal form: public limited companyShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 35% of micro companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 23-2
equity -2.4% of total assets
Liquidity 57-2
short-term debt 1.8% · cash 5.8%
Profitability 66=
return on assets -2.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.2%▼ -0.2 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.3 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
No credit on open account
Liquidity is ample, with a current ratio of 3.43 (5.23 in 2024), above the usual 1.5. Short-term debt is 1.8% and cash 5.8% of total assets. However, equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 17% of them on solvency, 68% on liquidity, 52% on profitability and 1% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€38,690
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 26-08-2026)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€38,690
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
24 days late
2024
1 day early
2023
8 days early
2022
on the day
2021
11 days late
2020
18 days late
2019
38 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€38,690 View
  • Risk: 7 loss-making years in a rowloss in financial year 2025 -€36,295 View
  • Caution: Less equity than 87% of companies in real estatesector median €301,692 · 11,240 companies -€38,690 View

Documents

Annual accounts at the NBB

All 19 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about LIPIC

What is the company number of LIPIC?
The company number of LIPIC is 0885.465.785. The VAT number is the same number with BE in front: BE 0885.465.785.
Where is LIPIC based?
The registered office is at Rue à Charrettes (Jem. II) 24, 7012 Mons.Company details
What does LIPIC do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of LIPIC?
The legal form of LIPIC is Public limited company (NV).
When was LIPIC founded?
LIPIC was founded on 06-12-2006.
Is LIPIC still active?
Yes, LIPIC is an active enterprise in the KBO register.
What is the turnover of LIPIC?
The turnover in financial year 2025 is ≈ €93,000. This figure is estimated from the gross margin of €72,042 and 45 comparable companies (NACE 682). It probably lies between €80,000 and €120,000.Financials
Is LIPIC profitable?
In financial year 2025, LIPIC made a loss of €36,295.
Where can I find the annual accounts of LIPIC?
LIPIC filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of LIPIC due?
LIPIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as LIPIC: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1.4m and €1.9m, founded between 2004 and 2008.

CompanyTotal assetsGross margin
LIPIC Mons€1.6m€0.07m
BREEBROECK Gent€1.7m€0.08m
SELEX'IM Dalhem€1.5m€0.06m
PPL-Decosil Torhout€1.5m€0.07m
Société Commerciale Marotta Philippeville€1.5m€0.08m
KOSI Gent€1.9m€0.07m
EASTERN FUTURE BELGIE Blankenberge€1.4m€0.08m
Full comparison

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