LIPPEVELD
ActiveSummary
The computed 12-month bankruptcy probability of LIPPEVELD is 3.6% (moderate). The 2025 annual accounts show equity of €14k and a net result of €-8k. Its solvency ranks better than 21% of 27786 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▼-71
Solvency44▼-10
Growth32
Track record94
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.53 against 1.44 in 2024; short-term debt: 44.1% and cash: 9.3% of total assets), but 81% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19%
Return on assets
-11.4%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
1 d early
2024
7 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 37.5%
2024 · €22k
2024: €22k
2024 → 2025
Total assets
€72k▼ 5.2%
2024 · €76k
2024: €76k
2024 → 2025
Net result
€-8k
2024 · €14k
2024: €14k
2024 → 2025
Working capital
€17k▼ 1.5%
2024 · €17k
2024: €17k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€22k-€14k▼ 37.5%
Operating result€19k-€-4k
Net result€14k-€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €19k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€23k ▲ 15.1%
Current assets
€48k ▼ 12.7%
Equity and liabilities €72k
Equity
€14k ▼ 37.5%
Debt
€58k ▲ 7.8%
Debt's share of the balance-sheet total rises from 71.3% to 81.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▼
2024 · €32k
Cash flow
€3k▼
2024 · €26k
Current ratio
1.53▲
2024 · 1.44
Quick ratio
1.42▲
2024 · 1.34
Debt to equity
4.28▲
2024 · 2.48
ROE
-60.0%▼
2024 · 63.2%
ROA
-11.4%▼
2024 · 18.2%
Interest coverage
1.82▼
2024 · 46.36
Debt ≤ 1 year
€32k▼
2024 · €38k
Debt > 1 year
€26k▲
2024 · €15k
Income taxes
€129▼
2024 · €5k
Staff costs
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€76k€72k▼
Fixed assets21/28€20k€23k▲
Tangible fixed assets22/27€20k€23k▲
Plant, machinery and equipment23€3k€475▼
Furniture and vehicles24€18k€23k▲
Current assets29/58€55k€48k▼
Stocks and contracts in progress3€4k€4k▼
Stocks30/36€4k€4k▼
Amounts receivable within one year40/41€4k€36k▲
Trade receivables40€4k€20k▲
Other amounts receivable41-€16k
Cash at bank and in hand54/58€44k€7k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€76k€72k▼
Equity10/15€22k€14k▼
Contributions10/11€8k€8k=
Profit (loss) carried forward14€14k€6k▼
Amounts payable17/49€54k€58k▲
Amounts payable after more than one year17€15k€26k▲
Financial debts170/4€15k€26k▲
Amounts payable within one year42/48€38k€32k▼
Current portion of amounts payable after more than one year42€3k€7k▲
Trade debts44€10k€22k▲
Suppliers440/4€10k€22k▲
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€24k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€34k€11k▼
Operating profit (loss)9901€19k€-4k▼
Financial income75/76B-€8
Recurring financial income75-€8
Financial charges65/66B€687€4k▲
Recurring financial charges65€687€4k▲
Profit (loss) for the period before taxes9903€19k€-8k▼
Income taxes67/77€5k€129▼
Profit (loss) for the period9904€14k€-8k▼
Profit (loss) for the period to be appropriated9905€14k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€6k▼
Profit (loss) brought forward from the previous period14P-€14k
The notes to these accounts (10 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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
07-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Hamme (Vl.) · 1 establishment unit since 2023
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.
Meerstraat 449220 Hamme (Vl.)Ground area
7,882 m²
Building footprint
157 m²
Volume, LiDAR
794 m³
Parcel 42452C1504/00C000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIPPEVELD
since 20232.343.522.869
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42452C1504/00C000 | Flanders | 7,882 m² | 1 · 157 m² | 8.3 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.
Similar companies · same sector, comparable size
Sani-Flow
BE 1017.461.803
Merksplas · Eq €13,564
MG Sanit hvac
BE 1010.350.911
Sint-Pieters-Leeuw · Eq €13,563
SENTO
BE 0806.150.865
Herentals · Eq €13,579
SANIDINO
BE 0685.991.225
Montigny-le-Tilleul · Eq €13,561
WUYTS KOENRAAD
BE 0437.958.265
Wijnegem · Eq €13,581
Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 2,089 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2023
Fiscal year end31-03
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
46836Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.