Lippens Sofie
ActiveSummary
Lippens Sofie has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,497 and a net result of €29,381. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 36% of 1,594 sector peers (NACE 75, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, micro format
Turnover
≈ €180,000
Estimated: probably between €110,000 and €330,000
Total assets
€137,779▲ 17.4%
2024 · €117,352
Net result
€29,381▲ 157%
2024 · €11,417
Working capital
€19,394▼ 14.4%
2024 · €22,653
Trend over the years
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result recovers in 2025; 2025 is 109% above 2024 and is the highest 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€41,540
2025
Net result€29,381
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€137,779
2025
Equity€51,497
2025
Debt€86,282
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€19,394
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)21.3%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency37.4%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.48
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 75, Veterinary 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
Line202020212022202320242025
Operating result€9,141-€12,088▲ 32.2%€26,325▲ 118%€20,074▼ 23.7%€19,879▼ 1.0%€41,540▲ 109%
Net result€5,159below the sector's middle half-€7,512below the sector's middle half▲ 45.6%€17,909within the sector's middle half▲ 138%€11,259within the sector's middle half▼ 37.1%€11,417within the sector's middle half▲ 1.4%€29,381within the sector's middle half▲ 157%
Equity€6,659below the sector's middle half-€13,371below the sector's middle half▲ 101%€30,480below the sector's middle half▲ 128%€40,939within the sector's middle half▲ 34.3%€51,497within the sector's middle half▲ 25.8%€51,497within the sector's middle half=
Total assets€13,194below the sector's middle half-€18,519below the sector's middle half▲ 40.4%€109,879below the sector's middle half▲ 493%€114,731within the sector's middle half▲ 4.4%€117,352within the sector's middle half▲ 2.3%€137,779within the sector's middle half▲ 17.4%
Debt€6,535-€5,148▼ 21.2%€79,399▲ 15×€73,792▼ 7.1%€65,854▼ 10.8%€86,282▲ 31.0%
Working capital€6,659within the sector's middle half-€8,575within the sector's middle half▲ 28.8%€93,797within the sector's middle half▲ 994%€20,639within the sector's middle half▼ 78.0%€22,653within the sector's middle half▲ 9.8%€19,394within the sector's middle half▼ 14.4%
Solvency50.5%within the sector's middle half-72.2%above the sector's middle half▲ 21.7pp27.7%within the sector's middle half▼ 44.5pp35.7%within the sector's middle half▲ 7.9pp43.9%within the sector's middle half▲ 8.2pp37.4%within the sector's middle half▼ 6.5pp
Current ratio2.02within the sector's middle half-2.67within the sector's middle half▲ 0.6510.98above the sector's middle half▲ 8.312.31within the sector's middle half▼ 8.672.68within the sector's middle half▲ 0.361.48within the sector's middle half▼ 1.20
Return on assets (ROA)39.1%above the sector's middle half-40.6%above the sector's middle half▲ 1.5pp16.3%within the sector's middle half▼ 24.3pp9.8%within the sector's middle half▼ 6.5pp9.7%within the sector's middle half▼ 0.1pp21.3%within the sector's middle half▲ 11.6pp
above
within
below
the middle half of NACE 75, Veterinary 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. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €137,779
Fixed assets
€77,847 ▼ 4.1%
Current assets
€59,932 ▲ 65.7%
Equity and liabilities €137,779
Equity
€51,497 =
Debt
€86,282 ▲ 31.0%
Debt's share of the balance-sheet total rises from 56.1% to 62.6%. Debt is higher.
Key figures and ratios
EBITDA
€44,878▲
2024 · €22,071
Cash flow
€32,718▲
2024 · €13,609
Debt to equity
1.68▲
2024 · 1.28
ROE
57.1%▲
2024 · 22.2%
Interest coverage
41.96▲
2024 · 14.92
Debt ≤ 1 year
€40,538▲
2024 · €13,514
Debt > 1 year
€45,744▼
2024 · €51,944
Income taxes
€11,090▲
2024 · €6,983
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,854 | €37 | €1,013 | €1,644 | €2,192 | €3,337 | ▲ 52.2% |
| Other operating charges640/8 | - | €665 | €684 | €736 | €522 | €877 | ▲ 68.0% |
| Gross operating margin9900 | €12,428 | €12,790 | €28,023 | €22,454 | €22,593 | €45,754 | ▲ 103% |
| Operating profit (loss)9901 | €9,141 | €12,088 | €26,325 | €20,074 | €19,879 | €41,540 | ▲ 109% |
| Financial income75/76B | - | €0 | - | €0 | €0 | - | - |
| Recurring financial income75 | €25 | €0 | - | €0 | €0 | - | - |
| Financial charges65/66B | - | €666 | €577 | €1,638 | €1,479 | €1,070 | ▼ 27.7% |
| Recurring financial charges65 | €936 | €666 | €577 | €1,638 | €1,479 | €1,070 | ▼ 27.7% |
| Profit (loss) for the period before taxes9903 | €8,230 | €11,422 | €25,748 | €18,436 | €18,400 | €40,471 | ▲ 120% |
| Income taxes67/77 | €3,071 | €3,910 | €7,840 | €7,176 | €6,983 | €11,090 | ▲ 58.8% |
| Profit (loss) for the period9904 | €5,159 | €7,512 | €17,909 | €11,259 | €11,417 | €29,381 | ▲ 157% |
| Profit (loss) for the period to be appropriated9905 | €5,159 | €7,512 | €17,909 | €11,259 | €11,417 | €29,381 | ▲ 157% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €13,194 | €18,519 | €109,879 | €114,731 | €117,352 | €137,779 | ▲ 17.4% |
| Fixed assets21/28 | - | €4,797 | €6,683 | €78,353 | €81,185 | €77,847 | ▼ 4.1% |
| Tangible fixed assets22/27 | - | €4,797 | €6,683 | €9,355 | €12,187 | €8,849 | ▼ 27.4% |
| Plant, machinery and equipment23 | - | €1,647 | €1,481 | €1,314 | €1,147 | €981 | ▼ 14.5% |
| Furniture and vehicles24 | - | €3,149 | €5,203 | €8,041 | €11,040 | €7,869 | ▼ 28.7% |
| Financial fixed assets28 | - | - | - | €68,998 | €68,998 | €68,998 | = |
| Current assets29/58 | €13,194 | €13,723 | €103,196 | €36,378 | €36,167 | €59,932 | ▲ 65.7% |
| Amounts receivable within one year40/41 | €9,544 | €12,467 | €15,928 | €9,190 | €8,652 | €12,489 | ▲ 44.4% |
| Trade receivables40 | - | €12,463 | €15,924 | €8,362 | €8,652 | €11,579 | ▲ 33.8% |
| Other amounts receivable41 | - | €4 | €5 | €828 | €0 | €910 | - |
| Cash at bank and in hand54/58 | €3,099 | €703 | €86,723 | €18,922 | €18,304 | €37,883 | ▲ 107% |
| Deferred charges and accrued income490/1 | - | €552 | €544 | €8,267 | €9,212 | €9,560 | ▲ 3.8% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €13,194 | €18,519 | €109,879 | €114,731 | €117,352 | €137,779 | ▲ 17.4% |
| Equity10/15 | €6,659 | €13,371 | €30,480 | €40,939 | €51,497 | €51,497 | = |
| Contributions10/11 | - | €1,500 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Reserves13 | €5,159 | €11,871 | €28,980 | €39,439 | €49,997 | €49,997 | = |
| Distributable reserves133 | - | €11,871 | €28,980 | €39,439 | €49,997 | €49,997 | = |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €6,535 | €5,148 | €79,399 | €73,792 | €65,854 | €86,282 | ▲ 31.0% |
| Amounts payable after more than one year17 | - | - | €70,000 | €58,053 | €51,944 | €45,744 | ▼ 11.9% |
| Financial debts170/4 | - | - | €70,000 | €58,053 | €51,944 | €45,744 | ▼ 11.9% |
| Amounts payable within one year42/48 | €6,535 | €5,148 | €9,399 | €15,739 | €13,514 | €40,538 | ▲ 200% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,018 | €6,108 | €6,200 | ▲ 1.5% |
| Trade debts44 | €1,213 | - | €314 | €261 | €0 | €189 | - |
| Suppliers440/4 | - | - | €314 | €261 | €0 | €189 | - |
| Taxes, remuneration and social security45 | - | €3,068 | €5,785 | €5,387 | €4,861 | €2,255 | ▼ 53.6% |
| Taxes450/3 | - | €3,068 | €5,785 | €5,387 | €4,861 | €2,255 | ▼ 53.6% |
| Other amounts payable47/48 | - | €2,079 | €3,300 | €4,073 | €2,545 | €31,894 | ▲ 13× |
| Accrued charges and deferred income492/3 | - | - | - | - | €396 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,159 | €7,512 | €17,909 | €11,259 | €11,417 | €29,381 | ▲ 157% |
| + Depreciation and write-downs630 | €1,854 | €37 | €1,013 | €1,644 | €2,192 | €3,337 | ▲ 52.2% |
| Operating cash flow (approximation) | €7,013 | €7,549 | €18,922 | €12,904 | €13,609 | €32,718 | ▲ 140% |
| Investment in fixed assets (approximation) | - | - | -€2,900 | -€73,314 | -€5,024 | €0 | - |
| Change in cash | - | -€2,395 | €86,020 | -€67,801 | -€618 | €19,579 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 23-06-2026 | 2026-00187630 |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00164401 |
| 31-12-2023 | micro format | 03-06-2024 | 2024-00104877 |
| 31-12-2022 | micro format | 20-07-2023 | 2023-00253274 |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20372594 |
| 31-12-2020 | micro format | 23-07-2021 | 2021-38900338 |
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Of the 6,105 active companies whose main activity is veterinary services (NACE 75000), figures are known for 2,022. 1,694 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.