LIPPENS FOOD EXPRESS
ActiveSummary
LIPPENS FOOD EXPRESS has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €922,588 and a net result of €153,091. Equity has been shrinking by about 3% per year since 2018. Its solvency ranks better than 84% of 1,081 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 22-03-1993 Normal situation
- Activity
- Freight transport by road NACE 49410and 1 other
- Joint committees
- 140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden
- 226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2024
- Establishment unit
- 2.062.323.730 8870 Izegem, since 03-06-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 27-11-2025
Board and ownership
- FINHOLDManaging director · permanent representative LIPPENS Kati
- LIPPENS DavidManaging director
- FINHOLD99.9%2025 annual accounts of FINHOLD
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €652,870
- ▲ 21.9%
- Turnover
- ≈ €1.4m
- estimated
- Profit
- €153,091
- ▲ 175%
- Equity
- €922,588
- ▲ 19.9%
- Total assets
- €1.2m
- ▲ 11.2%
- Employees on 31-12-2025
- 6
- =
- 2025 accounts filed 28 days after the deadline
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)lowers riskLiquidity: current ratio 3.93, cash €634,510Equity €922,588 (75.3% of total assets)Founded in 1993Show the evidence
Checked score
Fewer than 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 49, micro). It does better than 92% of them on solvency, 92% on liquidity, 73% on profitability and 66% on growth.
The bankruptcy probability was computed on 03-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 30 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed 4 directors appointed, 3 directors resigningResignations: LIPPENS David, LIPPENS Kati and FINHOLD · Appointments: LIPPENS David (director) and FINHOLD (director) · Permanent representative: LIPPENS Kati
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as LIPPENS FOOD EXPRESS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €1m and €1.3m, founded between 1989 and 1996.
| Company | Total assets | Gross margin |
|---|---|---|
| LIPPENS FOOD EXPRESS Izegem | €1.2m | €0.7m |
| METRA Zwevegem | €1.2m | €0.7m |
| SEDI - TRANS INTERNATIONAL TRANSPORT Kortemark | €1.2m | €0.7m |
| ANNTRANS Wingene | €1.0m | €0.7m |
| VERVOER MERKEN-NIJS Tongeren-Borgloon | €1.1m | €0.7m |
| TRANSPORT VAN DE PERRE Merchtem | €1.2m | €0.7m |
| MACA EXPRESS INTERNATIONAL Wavre | €1.3m | €0.6m |
Key facts about LIPPENS FOOD EXPRESS
- What is the company number of LIPPENS FOOD EXPRESS?
- The company number of LIPPENS FOOD EXPRESS is 0449.615.091. The VAT number is the same number with BE in front: BE 0449.615.091.
- Where is LIPPENS FOOD EXPRESS based?
- The registered office is at Reperstraat 193, 8870 Izegem.Company details
- What does LIPPENS FOOD EXPRESS do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of LIPPENS FOOD EXPRESS?
- The legal form of LIPPENS FOOD EXPRESS is Public limited company (NV).
- When was LIPPENS FOOD EXPRESS founded?
- LIPPENS FOOD EXPRESS was founded on 22-03-1993.
- Is LIPPENS FOOD EXPRESS still active?
- Yes, LIPPENS FOOD EXPRESS is an active enterprise in the KBO register.
- How many employees does LIPPENS FOOD EXPRESS have?
- LIPPENS FOOD EXPRESS had an average of 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LIPPENS FOOD EXPRESS fall under?
- In its 2024 annual accounts, LIPPENS FOOD EXPRESS states joint committees 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden) and 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
- What is the turnover of LIPPENS FOOD EXPRESS?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €652,870 and 38 comparable companies (NACE 49410). It probably lies between €1.1m and €2.1m.
- Is LIPPENS FOOD EXPRESS profitable?
- In financial year 2025, LIPPENS FOOD EXPRESS made a profit of €153,091.
- Where can I find the annual accounts of LIPPENS FOOD EXPRESS?
- LIPPENS FOOD EXPRESS filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LIPPENS FOOD EXPRESS due?
- LIPPENS FOOD EXPRESS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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