LIPPENS
ActiveFrom the official registers: KBO 38 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
LIPPENS has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133,687 and a net result of -€7,906. Equity has been shrinking by about 6.2% per year since 2018. Its solvency ranks better than 42% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 03-11-1987 Normal situation
- Activity
- Wholesale of construction materials, general range NACE 46831
- Establishment unit
- 2.033.394.370 9920 Lievegem, since 03-12-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Board and ownership
- De Muynck MichelineDirector · since 25-09-2023
- Lippens LucDirector · since 25-09-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €38,371
- ▲ 12.9%
- Turnover
- ≈ €250,000
- estimated
- Loss
- €7,906
- ▼ 39.5%
- Equity
- €133,687
- ▼ 5.6%
- Total assets
- €438,155
- ▼ 3.5%
Score breakdownraises riskSector: Wholesale trade (NACE 46)lowers riskSize: total assets €438,155Founded in 1987Figures for financial year 2025 (filed on 09-07-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 40% of them on solvency, 38% on liquidity, 49% on profitability and 31% 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
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as LIPPENS: wholesale of construction materials, general range (NACE 46831). They are comparable in size and age: total assets between €320,000 and €653,000, founded between 1979 and 1991.
| Company | Total assets | Gross margin |
|---|---|---|
| LIPPENS Lievegem | €438,155 | €38,371 |
| CARCOM Mouscron | €507,440 | €34,841 |
| KINDEREN VAN MALDEREN (N.Y.R.) Berlare | €461,293 | €44,778 |
| ROSENBERG BELGIUM Ninove | €653,293 | €56,023 |
| Patrimony & Environment Care International Sint-Niklaas | €485,579 | €69,490 |
| SOBOMI Anderlecht | €320,398 | €31,592 |
| HELLEBOSCH Brasschaat | €508,272 | €54,374 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 09-07-2026
- Annual accounts 2024filed on 03-07-2025
- Annual accounts 2023filed on 20-08-2024
- Annual accounts 2022filed on 29-08-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about LIPPENS
- What is the company number of LIPPENS?
- The company number of LIPPENS is 0432.361.167. The VAT number is the same number with BE in front: BE 0432.361.167.
- Where is LIPPENS based?
- The registered office is at Bilksken 2, 9920 Lievegem.Company details
- What does LIPPENS do?
- According to the KBO register, the main activity is wholesale of construction materials, general range (NACE 46831).
- What is the legal form of LIPPENS?
- The legal form of LIPPENS is Private limited company (BV).
- When was LIPPENS founded?
- LIPPENS was founded on 03-11-1987.
- Is LIPPENS still active?
- Yes, LIPPENS is an active enterprise in the KBO register.
- How many employees does LIPPENS have?
- LIPPENS had an average of 0.8 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of LIPPENS?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €38,371 and 94 comparable companies (NACE 46). It probably lies between €130,000 and €470,000.
- Is LIPPENS profitable?
- In financial year 2025, LIPPENS made a loss of €7,906.
- Where can I find the annual accounts of LIPPENS?
- LIPPENS filed 38 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 LIPPENS due?
- LIPPENS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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