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Loupan

Active
Private limited companyfounded 201412 yrs activeKiefhoekstraat 149, 3940 Hechtel-Eksel, BelgiumKBO/BCE: BE 0551.909.709
Summary

The computed 12-month bankruptcy probability of Loupan is 1.6% (moderate). The 2025 annual accounts show negative equity (-€26,548) and a net result of -€5,150. Equity is shrinking by ~78.3% per year across the filed fiscal years. The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability14▲+1
Solvency5▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.8 against 0.04 in 2024; short-term debt: 0.9% and cash: 2.3% of total assets), but equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Solvency, return and age of the figures
Solvency
-19.7%
Return on assets
-3.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€26,548
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 d early
2024
13 d late
2023
9 d late
2022
3 d early
2021
19 d late
2020
12 d late
2019
83 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 16 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 10 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Loupan was incorporated on 5 May 2014.1 The registered office was moved to Hechtel-Eksel in 2026.2 Total assets fell from EUR 207,141 in 2018 to EUR 134,606 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 04-05-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€26,548▼ 24.1%
2024 · -€21,398
Total assets
€134,606▼ 4.8%
2024 · €141,337
Net result
-€5,150▲ 42.1%
2024 · -€8,892
Working capital
€3,226
2024 · -€155,887
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€519▼ 90.3%€489▼ 5.7%-€1,655-€4,127▼ 149%-€5,043▼ 22.2%
Net result-€5,594▼ 1,404%-€7,248▼ 29.6%-€6,798▲ 6.2%-€8,892▼ 30.8%-€5,150▲ 42.1%
Equity€1,540▼ 78.4%-€5,708-€12,506▼ 119%-€21,398▼ 71.1%-€26,548▼ 24.1%
Total assets€211,960▼ 0.6%€170,443▼ 19.6%€149,635▼ 12.2%€141,337▼ 5.5%€134,606▼ 4.8%
Debt€210,420▲ 2.1%€176,151▼ 16.3%€162,141▼ 8.0%€162,735▲ 0.4%€161,154▼ 1.0%
Working capital-€152,464▲ 1.1%-€152,499=-€152,084▲ 0.3%-€155,887▼ 2.5%€3,226
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€7,500-€5,000-€2,500€0Operating result 2021: €519€519Net result 2021: -€5,594-€5,594Operating result 2022: €489€489Net result 2022: -€7,248-€7,248Operating result 2023: -€1,655-€1,655Net result 2023: -€6,798-€6,798Operating result 2024: -€4,127-€4,127Net result 2024: -€8,892-€8,892Operating result 2025: -€5,043-€5,043Net result 2025: -€5,150-€5,15020212022202320242025-€10,000-€7,500-€5,000-€2,500€0Operating result 2023: -€1,655-€1,660Net result 2023: -€6,798-€6,800Operating result 2024: -€4,127-€4,130Net result 2024: -€8,892-€8,890Operating result 2025: -€5,043-€5,040Net result 2025: -€5,150-€5,150202320242025
The operating result stays negative: a loss of €5,043 in 2025 against €4,127 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134,606
Fixed assets €130,226 ▼ 3.2%
Current assets €4,380 ▼ 36.1%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€780▼
2024 · €962
Cash flow
-€888▲
2024 · -€3,803
Solvency
-19.7%▼
2024 · -15.1%
Current ratio
3.80▲
2024 · 0.04
Debt to equity
-6.07▲
2024 · -7.61
ROA
-3.8%▲
2024 · -6.3%
Interest coverage
-7.24▼
2024 · 0.20
Debt ≤ 1 year
€1,154▼
2024 · €162,735
Debt > 1 year
€160,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,332 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a small loss
2.8% went bankrupt
5.8% stopped otherwise
91% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,332 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€141,337€134,606▼
Fixed assets21/28€134,489€130,226▼
Tangible fixed assets22/27€134,489€130,226▼
Land and buildings22€134,489€130,226▼
Current assets29/58€6,849€4,380▼
Amounts receivable after more than one year29-€1,004
Trade receivables290-€1,004
Amounts receivable within one year40/41€1,364-
Trade receivables40€1,364-
Cash at bank and in hand54/58€5,168€3,050▼
Deferred charges and accrued income490/1€316€325▲
Equity and liabilities
Total equity and liabilities10/49€141,337€134,606▼
Equity10/15-€21,398-€26,548▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€39,998-€45,148▼
Amounts payable17/49€162,735€161,154▼
Amounts payable after more than one year17-€160,000
Financial debts170/4-€160,000
Amounts payable within one year42/48€162,735€1,154▼
Trade debts44€598€0▼
Suppliers440/4€598€0▼
Taxes, remuneration and social security45€1,417-
Taxes450/3€1,417-
Other amounts payable47/48€160,720€1,154▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,089€4,262▼
Other operating charges640/8€1,081€586▼
Gross operating margin9900€2,043-€194▼
Operating profit (loss)9901-€4,127-€5,043▼
Financial charges65/66B€4,765€108▼
Recurring financial charges65€4,765€108▼
Profit (loss) for the period before taxes9903-€8,892-€5,150▲
Profit (loss) for the period9904-€8,892-€5,150▲
Profit (loss) for the period to be appropriated9905-€8,892-€5,150▲
Appropriation of the result
Profit (loss) to be appropriated9906-€39,998-€45,148▼
Profit (loss) brought forward from the previous period14P-€31,106-€39,998▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,213€7,213€7,213€5,089€4,262▼ 16.2%
Other operating charges640/8€951€965€1,253€1,081€586▼ 45.8%
Gross operating margin9900€8,683€8,667€6,811€2,043-€194▼ 110%
Operating profit (loss)9901€519€489-€1,655-€4,127-€5,043▼ 22.2%
Financial charges65/66B€6,112€7,738€5,142€4,765€108▼ 97.7%
Recurring financial charges65€6,112€7,738€5,142€4,765€108▼ 97.7%
Profit (loss) for the period before taxes9903-€5,594-€7,248-€6,798-€8,892-€5,150▲ 42.1%
Profit (loss) for the period9904-€5,594-€7,248-€6,798-€8,892-€5,150▲ 42.1%
Profit (loss) for the period to be appropriated9905-€5,594-€7,248-€6,798-€8,892-€5,150▲ 42.1%
Line20212022202320242025Change
Assets
Total assets20/58€211,960€170,443€149,635€141,337€134,606▼ 4.8%
Fixed assets21/28€154,004€146,791€139,577€134,489€130,226▼ 3.2%
Tangible fixed assets22/27€154,004€146,791€139,577€134,489€130,226▼ 3.2%
Land and buildings22€154,004€146,791€139,577€134,489€130,226▼ 3.2%
Current assets29/58€57,956€23,652€10,057€6,849€4,380▼ 36.1%
Amounts receivable after more than one year29----€1,004-
Trade receivables290----€1,004-
Amounts receivable within one year40/41€9,853€18,847€2,894€1,364--
Trade receivables40€9,853€18,847€2,894€1,364--
Cash at bank and in hand54/58€47,846€4,523€6,857€5,168€3,050▼ 41.0%
Deferred charges and accrued income490/1€257€283€306€316€325▲ 2.8%
Equity and liabilities
Total equity and liabilities10/49€211,960€170,443€149,635€141,337€134,606▼ 4.8%
Equity10/15€1,540-€5,708-€12,506-€21,398-€26,548▼ 24.1%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€17,060-€24,308-€31,106-€39,998-€45,148▼ 12.9%
Amounts payable17/49€210,420€176,151€162,141€162,735€161,154▼ 1.0%
Amounts payable after more than one year17----€160,000-
Financial debts170/4----€160,000-
Amounts payable within one year42/48€210,420€176,151€162,141€162,735€1,154▼ 99.3%
Trade debts44--€197€598€0▼ 100%
Suppliers440/4--€197€598€0▼ 100%
Taxes, remuneration and social security45€1,834€2,307€1,530€1,417--
Taxes450/3€1,834€2,307€1,530€1,417--
Other amounts payable47/48€208,586€173,844€160,414€160,720€1,154▼ 99.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€5,594-€7,248-€6,798-€8,892-€5,150▲ 42.1%
+ Depreciation and write-downs630€7,213€7,213€7,213€5,089€4,262▼ 16.2%
Operating cash flow (approximation)€1,620-€35€416-€3,803-€888▲ 76.7%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€43,324€2,335-€1,689-€2,118▼ 25.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
04-05
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, 21-01-2026
  • Registered-office move, Kiefhoekstraat 149, 3940 Hechtel-Eksel
2025
31-12
Financial Liquidity times 90current ratio 3.80
Current ratio from 0.04 to 3.80; short-term debt falls from €162,735 to €1,154.
13-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
31-12
Financial Weakest financial yearnet -€8,892
Net result drops to -€8,892, the lowest in the series; recovery starts the following year.
09-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
19-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
12-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
22-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
31-12
Financial Back to profitnet €600
Net result €600 after one loss-making year.
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
14-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hechtel-Eksel · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
4,452 m²
Building footprint
147 m²
Volume, LiDAR
490 m³
Parcel 72006E0159/00E000, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Loupan
Kiefhoekstraat 149, 3940 Hechtel-EkselProperty management for co-owned buildings (syndics)
since 20142.231.005.047
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72006E0159/00E000 Flanders 4,452 m² 1 · 147 m² 7.1 m · 1 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.

Articles of association

Other statement
One provision in the deed

Identification & contact

Identification
Legal formPrivate limited company
Founded05-05-2014
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.