LNP Cladding
Open bankruptcySummary
A bankruptcy procedure is open for LNP Cladding according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €1,187 and a net result of -€16,856.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Hasselt division
- Declared bankrupt
- 30 April 2026
- Supervising judge
- Wim Leemen
- Official Gazette
- 07-05-2026 (pdf) ↗search the document for 2026/119901
Curators
- Ilse VrankenBampslaan 19, 3500 Hasseltilse@koraaladvocaten.be
- Theo MacoursBampslaan 19, 3500 Hasselttheo@koraaladvocaten.com
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9976 sector peers (2024).
NBB · sector comparisonPosition among 9976 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
28 d late
2021
33 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 14 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the General construction of residential buildings sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€1,187▼ 93.4%
2023 · €18,043
Total assets
€63,576▼ 9.6%
2023 · €70,366
Net result
-€16,856
2023 · €17,613
Working capital
-€18,844▼ 1,104%
2023 · -€1,566
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€15,028--€10,881€29,188-€8,951
Net result€9,903--€11,973€17,613-€16,856
Equity€12,403-€430▼ 96.5%€18,043▲ 4,093%€1,187▼ 93.4%
Total assets€24,960-€33,341▲ 33.6%€70,366▲ 111%€63,576▼ 9.6%
Debt€12,556-€32,911▲ 162%€52,323▲ 59.0%€62,389▲ 19.2%
Working capital€8,947--€10,559-€1,566▲ 85.2%-€18,844▼ 1,104%
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 2024: a loss of €8,951 after €29,188 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €63,576
Fixed assets
€20,032 ▲ 2.2%
Current assets
€43,545 ▼ 14.2%
Equity and liabilities €63,576
Equity
€1,187 ▼ 93.4%
Debt
€62,389 ▲ 19.2%
Debt's share of the balance-sheet total rises from 74.4% to 98.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€2,121▼
2023 · €33,327
Cash flow
-€10,025▼
2023 · €21,751
Current ratio
0.70▼
2023 · 0.97
Debt to equity
52.54▲
2023 · 2.90
ROA
-26.5%▼
2023 · 25.0%
Interest coverage
-0.26▼
2023 · 5.64
Debt ≤ 1 year
€62,389▲
2023 · €52,323
Income taxes
€140▼
2023 · €5,677
Staff costs
€1,640▲
2023 · €1,593
A ratio outside any meaningful range has been withheld (balance sheet total €63,576, equity €1,187).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €1,593 | €1,640 | ▲ 2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €317 | €2,546 | €4,138 | €6,831 | ▲ 65.1% |
| Other operating charges640/8 | €348 | €3,128 | €926 | €2,635 | ▲ 184% |
| Non-recurring operating charges66A | - | - | - | €898 | - |
| Gross operating margin9900 | €15,693 | -€5,207 | €35,846 | €3,052 | ▼ 91.5% |
| Operating profit (loss)9901 | €15,028 | -€10,881 | €29,188 | -€8,951 | ▼ 131% |
| Financial income75/76B | €87 | €96 | €12 | €418 | ▲ 3,308% |
| Recurring financial income75 | €87 | €96 | €12 | €418 | ▲ 3,308% |
| Financial charges65/66B | €1,845 | €1,098 | €5,911 | €8,183 | ▲ 38.4% |
| Recurring financial charges65 | €1,845 | €1,098 | €5,911 | €8,183 | ▲ 38.4% |
| Profit (loss) for the period before taxes9903 | €13,271 | -€11,882 | €23,290 | -€16,716 | ▼ 172% |
| Income taxes67/77 | €3,367 | €91 | €5,677 | €140 | ▼ 97.5% |
| Profit (loss) for the period9904 | €9,903 | -€11,973 | €17,613 | -€16,856 | ▼ 196% |
| Profit (loss) for the period to be appropriated9905 | €9,903 | -€11,973 | €17,613 | -€16,856 | ▼ 196% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €24,960 | €33,341 | €70,366 | €63,576 | ▼ 9.6% |
| Fixed assets21/28 | €3,456 | €10,989 | €19,609 | €20,032 | ▲ 2.2% |
| Tangible fixed assets22/27 | €3,456 | €10,989 | €19,609 | €20,032 | ▲ 2.2% |
| Plant, machinery and equipment23 | €1,817 | €1,675 | €2,841 | €2,019 | ▼ 28.9% |
| Furniture and vehicles24 | €1,639 | €9,314 | €16,768 | €18,013 | ▲ 7.4% |
| Current assets29/58 | €21,503 | €22,351 | €50,758 | €43,545 | ▼ 14.2% |
| Amounts receivable within one year40/41 | €4,288 | €22,238 | €50,741 | €43,512 | ▼ 14.2% |
| Trade receivables40 | €2,530 | €19,195 | €44,987 | €36,845 | ▼ 18.1% |
| Other amounts receivable41 | €1,758 | €3,044 | €5,754 | €6,667 | ▲ 15.9% |
| Cash at bank and in hand54/58 | €17,215 | €11 | - | - | - |
| Deferred charges and accrued income490/1 | - | €102 | €16 | €32 | ▲ 97.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €24,960 | €33,341 | €70,366 | €63,576 | ▼ 9.6% |
| Equity10/15 | €12,403 | €430 | €18,043 | €1,187 | ▼ 93.4% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | - | - | €15,543 | €15,543 | = |
| Distributable reserves133 | - | - | €15,543 | €15,543 | = |
| Profit (loss) carried forward14 | €9,903 | -€2,070 | - | -€16,856 | - |
| Amounts payable17/49 | €12,556 | €32,911 | €52,323 | €62,389 | ▲ 19.2% |
| Amounts payable within one year42/48 | €12,556 | €32,911 | €52,323 | €62,389 | ▲ 19.2% |
| Financial debts43 | - | - | €25,613 | €24,745 | ▼ 3.4% |
| Credit institutions430/8 | - | - | €25,613 | €24,745 | ▼ 3.4% |
| Trade debts44 | €5,243 | €26,521 | €19,964 | €31,577 | ▲ 58.2% |
| Suppliers440/4 | €5,243 | €26,521 | €19,964 | €31,577 | ▲ 58.2% |
| Taxes, remuneration and social security45 | €3,367 | €6,390 | €6,746 | €6,066 | ▼ 10.1% |
| Taxes450/3 | €3,367 | €3,458 | €5,769 | €5,816 | ▲ 0.8% |
| Remuneration and social security454/9 | - | €2,931 | €977 | €250 | ▼ 74.4% |
| Other amounts payable47/48 | €3,946 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,903 | -€11,973 | €17,613 | -€16,856 | ▼ 196% |
| + Depreciation and write-downs630 | €317 | €2,546 | €4,138 | €6,831 | ▲ 65.1% |
| Operating cash flow (approximation) | €10,220 | -€9,427 | €21,751 | -€10,025 | ▼ 146% |
| Investment in fixed assets (approximation) | - | -€10,079 | -€12,758 | -€7,253 | ▲ 43.1% |
| Change in cash | - | -€17,204 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
07-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 30-04-2026
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€16,856
Net result drops to -€16,856, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €17,613
Net result €17,613 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Heusden-Zolder · 1 establishment unit since 2021
Ground area
730 m²
Building footprint
89 m²
Volume, LiDAR
682 m³
Parcel 71462E0066/00D002, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LNP Cladding
since 20212.315.618.345
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71462E0066/00D002 | Flanders | 730 m² | 1 · 89 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ILSE VRANKEN BAMPSLAAN 19, 3500 HASSELT- |
30-04-2026 → present |
| Curator | THEO MACOURS BAMPSLAAN 19,
3500 HASSELT |
30-04-2026 → present |
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 270 EUR awarded · 270 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 270 EUR | 270 EUR |
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 2,156 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
25110Manufacture of metal structures and parts of structures
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43110Demolition
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.