LOPACO
ActiveSummary
LOPACO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.02M and a net result of €10k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 27% of 8093 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability47▲+4
Solvency54=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 5.67 against 3.19 in 2023; short-term debt: 3.1% and cash: 1.4% of total assets), but 70.9% 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.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
29.1%
Return on assets
0.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
32 d early
2023
37 d early
2022
32 d early
2021
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.02M▲ 1.0%
2023 · €1.01M
2021: €452k
2022: €1.01M
2023: €1.01M
2021 → 2024
Total assets
€3.52M▲ 1.0%
2023 · €3.49M
2021: €1.90M
2022: €2.37M
2023: €3.49M
2021 → 2024
Net result
€10k▲ 1,154%
2023 · €792
2021: €-34k
2022: €562k
2023: €792
2021 → 2024
Working capital
€511k▲ 11.5%
2023 · €458k
2021: €-245k
2022: €-4k
2023: €458k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€452k-€1.01M▲ 125%€1.01M▲ 0.1%€1.02M▲ 1.0%
Operating result€-14k-€-24k▼ 74.2%€66k€60k▼ 9.3%
Net result€-34k-€562k€792▼ 99.9%€10k▲ 1,154%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 9% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.52M
Fixed assets
€2.90M ▲ 3.0%
Current assets
€621k ▼ 7.1%
Equity and liabilities €3.52M
Equity
€1.02M ▲ 1.0%
Debt
€2.50M ▲ 1.1%
Debt's share of the balance-sheet total stays at 70.9%.
Key figures and ratios
EBITDA
€215k▲
2023 · €201k
Cash flow
€165k▲
2023 · €136k
Current ratio
5.67▲
2023 · 3.19
Debt to equity
2.44▲
2023 · 2.44
ROE
1.0%▲
2023 · 0.1%
ROA
0.3%▲
2023 · 0.0%
Interest coverage
3.40▲
2023 · 2.88
Debt ≤ 1 year
€110k▼
2023 · €210k
Debt > 1 year
€1.49M▲
2023 · €1.31M
Income taxes
€3k▼
2023 · €13k
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 · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.49M€3.52M▲
Fixed assets21/28€2.82M€2.90M▲
Intangible fixed assets21€333k€290k▼
Tangible fixed assets22/27€1.49M€1.61M▲
Land and buildings22€33k€52k▲
Plant, machinery and equipment23-€71k
Leasing and similar rights25€1.36M€1.27M▼
Other tangible fixed assets26€89k€223k▲
Financial fixed assets28€1.00M€1.00M=
Current assets29/58€668k€621k▼
Amounts receivable within one year40/41€607k€504k▼
Trade receivables40€150k€187k▲
Other amounts receivable41€457k€317k▼
Cash at bank and in hand54/58€28k€50k▲
Deferred charges and accrued income490/1€33k€66k▲
Equity and liabilities
Total equity and liabilities10/49€3.49M€3.52M▲
Equity10/15€1.01M€1.02M▲
Contributions10/11€486k€486k=
Capital10€486k€486k=
Issued capital100€486k€486k=
Reserves13€529k€539k▲
Non-distributable reserves130/1€49k€49k=
Legal reserve130€49k€49k=
Distributable reserves133€480k€490k▲
Amounts payable17/49€2.47M€2.50M▲
Amounts payable after more than one year17€1.31M€1.49M▲
Financial debts170/4€1.31M€1.49M▲
Amounts payable within one year42/48€210k€110k▼
Current portion of amounts payable after more than one year42€105k€108k▲
Trade debts44€91k€2k▼
Suppliers440/4€91k€2k▼
Taxes, remuneration and social security45€13k-
Taxes450/3€13k-
Accrued charges and deferred income492/3€957k€904k▼
Income statement
Code20232024
Non-recurring operating income76A€62k€53k▼
Remuneration, social security and pensions62€7k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€135k€155k▲
Other operating charges640/8€90k€14k▼
Gross operating margin9900€298k€229k▼
Operating profit (loss)9901€66k€60k▼
Financial income75/76B€17k€16k▼
Recurring financial income75€17k€16k▼
Financial charges65/66B€70k€63k▼
Recurring financial charges65€70k€63k▼
Profit (loss) for the period before taxes9903€14k€13k▼
Income taxes67/77€13k€3k▼
Profit (loss) for the period9904€792€10k▲
Profit (loss) for the period to be appropriated9905€792€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€529k€10k▼
Profit (loss) brought forward from the previous period14P€528k-
Transfer to equity691/2€529k€10k▼
To the legal reserve6920€49k-
To other reserves6921€480k€10k▼
Social balance
Average headcount (FTE)90870.1-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity triplescurrent ratio 3.19
Current ratio from 0.99 to 3.19; short-term debt falls from €518k to €210k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €562k
Net result €562k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.01M ▲125%
Equity rises from €452k to €1.01M.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are 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, Ieper · 1 establishment unit since 2020
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.
Porreyestraat 138908 IeperGround area
8,033 m²
Building footprint
3,151 m²
Volume, LiDAR
16,394 m³
Parcel 33026C0079/00G003, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LOPACO
since 20202.340.102.531
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33026C0079/00G003 | Flanders | 8,033 m² | 1 · 3,151 m² | 7.2 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.
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 27,565 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 formPublic limited company
Founded03-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.