Equity
€1.6m from €5.1m in 2009
Equity fell by 69% in 16 years.
LPB
Lifetime
19 annual accounts with figures on one time axis, 39 filings since 1985peak €1.6m (2009)
-€36,377▼ €31,565
lowest -€2.6m (2011)
-€43,222▼ €31,669
peak €5.1m (2009)
€1.6m▼ 2.7%
€424,087▲ 10.3%
Board5 names since 2021
2 directorsLAPPERRE Thérèse and 1 other
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Gross margin from -€4,813 to -€36,377Loss of €43,222
Key points
from the 2025 annual accountsLosses
-€54,774 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Filings
39 annual accounts since 1985
The last five annual accounts were filed 0 to 41 days before the end of the period.
Turnover not published (micro format)
Checked score
88
Excellent
Financially stronger than 41% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.5%▲ +0.2 percentage points vs 04-2025
06-2025: 0.2%▼ -0.3 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%▲ +0.3 percentage points vs 04-2026highest value
06-2026: 0.2%▼ -0.4 percentage points vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.02, cash €6,710
2 ex-officio strike-offs in the KBO
lowers risk
Size: total assets €2.0m
Equity €1.6m (78.7% of total assets)
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 (no NACE code, micro). It does better than 81% of them on solvency, 26% on liquidity, 22% on profitability and 36% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 8,617 companies had the same profile as LPB has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LPB itself: 0.2% within 12 months.
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.
| 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 8,617 companies, not a prediction for LPB. 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 €130,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.02 (0.03 in 2024), below 1. Short-term debt is 20.8% and cash 0.3% of total assets. 21.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
35 days early
2022
41 days early
2021
1 day early
2020
7 days early
2019
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 16 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 2 notices about the company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
UBO non-compliance×2
Searched, nothing found (1)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Board and ownership
Recent changes
Appointment: Adriaan LAPPERRE (director)
General meeting of 01-06-2026 · Gazette deed
Appointment: LAPPERRE Thérèse Sophie (managing director)
Board meeting of 31-03-2026 · Gazette deed
Reappointment: LAPPERRE Thérèse (director)
General meeting of 24-03-2026 · Gazette deed
Appointment: LAPPERRE Thérèse Sophie (managing director)
Board meeting of 12-03-2026 · Gazette deed
Official details
Source: KBO- Status
- Active since 22-03-1985Normal situation
- Activity
- “Het verwerven, te gelde maken, inbrengen, afstaan en verhandelen door uitgiften of andere middelen…” (deed in Dutch)From the articles, 10 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.031.120.5131730 Asse, since 09-03-2001
- Financial year end
- 30 September
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-09-2025
- €2.0m▼ 0.2%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on LPB
LPB files the micro format. That format states no turnover. The gross margin fell from €131,856 in 2007 to -€36,377 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 LPB
- What is the company number of LPB?
- The company number of LPB is 0427.152.960. The VAT number is the same number with BE in front: BE 0427.152.960.
- Where is LPB based?
- The registered office is at Brusselsesteenweg 326, 1730 Asse.Company details
- What is the legal form of LPB?
- LPB is a public limited company (NV).
- When was LPB founded?
- LPB was founded on 22-03-1985.
- Is LPB still active?
- Yes, LPB is an active enterprise in the KBO register.
- What is the turnover of LPB?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is LPB profitable?
- In financial year 2025, LPB made a loss of €43,222.
- Where can I find the annual accounts of LPB?
- LPB filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LPB due?
- LPB must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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