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Llapi Company

Active Private limited companyfounded 2005active for 21 yearsStedemolenstraat 39, 8700 TieltKBO/BCE: BE 0872.042.668 #1 employer in Tielt, Transport and storage sector

Lifetime

20 annual accounts with figures on one time axis, 21 filings since 2005
peak €3.7m (2025)
€3.7m▲ 14.4%
lowest -€123,054 (2025)
-€123,054▼ €129,273
peak €1.2m (2023)
€1.0m▼ 10.5%
€2.2m▼ 4.2%
peak 61.3 FTE (2025)
61.3 FTE▲ 17.0%
Board4 names since 2020
2 directorsDafta Group BV and 1 other
Documentsfilings and deeds
07-10-202668 days late
2025abbreviated format
Gross margin from €3.3m to €3.7mLoss of €123,054Staff from 52.4 FTE to 61.3 FTE2 directors appointed, 2 resignations 22-12Cash from €55,542 to €160,952

Key points

from the 2025 annual accounts

Result

-€123,054 -€123,054
€6,2202024-€123,0002025

From profit to loss in 2025, after a profit of €6,219 in 2024.

Turnover

≈ €6.4m estimated

The abbreviated format states no turnover.

Staff

65 employees on 31-12-2025
31342022192120232524202432212025

In 2025, 32 people joined and 21 left.

Filings

21 annual accounts 68 days
AprilJune31 JulyOctober20052010201520202025

Latest accounts filed late: after the legal deadline.

Board

2 joined · 2 left

Board changed. Latest change 08-12-2025 · 2 in office.

Position in the sector

-€123,054

Lower net result than 95% of companies in postal and courier. Sector median €7,813 · 168 companies.

Checked score

63
Healthy
Financially stronger than 36% of all companies
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 11 companies (NACE 53, medium-sized).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.6% 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.8%▲ +0.2 percentage points vs 02-2025 04-2025: 1.8%● unchanged vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 1.9%▲ +0.1 percentage points vs 05-2025 07-2025: 1.2%▼ -0.7 percentage points vs 06-2025 08-2025: 1.2%● unchanged vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025lowest value 02-2026: 1.2%● unchanged vs 01-2026lowest value 03-2026: 1.4%▲ +0.2 percentage points vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.5%▲ +0.1 percentage points vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.6%▲ +0.1 percentage points vs 06-2026 08-2026: 2.6%▲ +1.0 percentage point vs 07-2026 09-2026: 2.9%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 1.4%▼ -1.5 percentage points vs 09-2026 11-2026: 1.4%● unchanged vs 10-2026

Financial strength
Average

57-2equity 32.4% of total assets
28+4short-term debt 54.9% · cash 5.0%
64-5return on assets -3.8%

Score breakdown

raises risk
Last filed accounts filed 68 days late; 1 of the last 3 accounts late
Sector: Postal and courier activities (NACE 53)
lowers risk
Founded in 2005
Figures for financial year 2025 (filed on 07-10-2026)
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 (all companies). It does better than 47% of them on solvency, 24% on liquidity, 54% on profitability and 19% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 830 companies had the same profile as Llapi Company has now. Each dot stands for 3 companies, two years later.

96.5%
were still trading
2.9%
stopped another way
0.6%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a small loss

The bankruptcy probability of Llapi Company itself is higher: 1.4% within 12 months. It rests on far more data about Llapi Company than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 830 companies, not a prediction for Llapi Company. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €65,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.09 (1.06 in 2024), below the usual 1.5. Short-term debt is 54.9% and cash 5% of total assets. 67.6% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 68 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Postal and courier activities (NACE 53)
KBO
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 07-10-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 68 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-10-2026, 68 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
68 days late
2024
31 days early
2023
13 days late
2022
70 days late
2021
61 days late
2020
58 days late
2019
52 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 42 days after the deadline. In the sector (NACE 53), the median for financial year 2024 was 13 days after the deadline, and 56% 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 30 September (4 of the last 5 accounts filed within 47 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 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

Board and ownership

DG
Dafta Group BV
Director, FATMIR LATIFI, since 08-12-2025
HG
Director, HAMDI LATIFI, since 08-12-2025
Board & ownership

Recent changes

Environmental permit granted Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden, Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen · Tielt
Registered in the Peppol Directory Reachable for e-invoices through 0208:0872042668
2 directors appointed, 2 resignations Resignations: FATMIR LATIFI (director) and HAMDI LATIFI (director) · Appointments: Dafta Group BV (director) and Helk Group BV (director) · Permanent representatives: FATMIR LATIFI and HAMDI LATIFI · General meeting of 08-12-2025 · Gazette deed
Environmental permit granted Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Tielt
All 49 events

Comparable companies

same main activity, similar in size and age
Company
Llapi Company Tielt €3.2m €3.7m 32.4% 61.3
TRANS 55 Aartselaar €2.7m €4.6m 21.5% 71.5
J.H.S. EXPRESS Sint-Truiden €3.4m €3.4m 10.4% 37.6
TAXICOLLI Kortrijk €4.9m €3.1m 33.7% 45.4
KP & CO EXPRESS SERVICE Landen €5.1m €5.4m 23.7% 78
LENAERS EXPRESS Genk €3.9m €2.8m 29.4% 31.7
Group Van Elsen Mol €2.3m €2.2m 30.9% 38.3

These companies have the same main activity as Llapi Company: other postal and courier activities (NACE 53200). They are comparable in size and age: total assets between €2.3m and €5.1m, founded between 2002 and 2011.

Official details

Source: KBO
Status
Active since 22-02-2005Normal situation
Activity
Other postal and courier activitiesNACE 53200
Joint committees
226White-collar workers in international trade, transport and logistics
124Construction
140.03Road transport and logistics for third parties · annual accounts 2025
Establishment units
2.169.744.7958700 Tielt, since 14-01-2008
2.184.713.3808700 Tielt, since 01-01-2010and 1 other
Financial year end
31 December
Peppol
Reachable since 08-01-2026
Company details

Annual accounts 2025

€3.2m▼ 6.4%
Employeeson 31-12-2025
65▲ 16.1%
Filing
Filed on 07-10-2026
Financials

Insights on Llapi Company

Llapi Company files the abbreviated format. That format states no turnover. The gross margin rose from €29,611 in 2006 to €3.7m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Llapi Company

What is the company number of Llapi Company?
The company number of Llapi Company is 0872.042.668. The VAT number is the same number with BE in front: BE 0872.042.668.
Where is Llapi Company based?
The registered office is at Stedemolenstraat 39, 8700 Tielt.Company details
What does Llapi Company do?
According to the KBO register, the main activity is other postal and courier activities (NACE 53200).
What is the legal form of Llapi Company?
Llapi Company is a private limited company (BV).
When was Llapi Company founded?
Llapi Company was founded on 22-02-2005.
Is Llapi Company still active?
Yes, Llapi Company is an active enterprise in the KBO register.
How many employees does Llapi Company have?
Llapi Company had an average of 61.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Llapi Company fall under?
In its 2025 annual accounts, Llapi Company states joint committees 226 (White-collar workers in international trade, transport and logistics), 124 (Construction) and 140.03 (Road transport and logistics for third parties).
What is the turnover of Llapi Company?
The turnover in financial year 2025 is ≈ €6.4m. This figure is estimated from the gross margin of €3.7m and 1,585 comparable companies of the same size. It probably lies between €4.3m and €11.0m. It is a rough estimate.
Is Llapi Company profitable?
In financial year 2025, Llapi Company made a loss of €123,054.
Where can I find the annual accounts of Llapi Company?
Llapi Company filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Llapi Company due?
Llapi Company must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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