Lpcello is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €345k and a net result of €42k. Equity is growing by ~51.7% per year across the filed fiscal years. Its solvency ranks better than 33% of 6156 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
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 07-07-2025, 24 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
30 d early
2022
11 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€345k▲ 14.0%
2023 · €302k
2022: €32k
2023: €302k
2022 → 2024
Net result
€42k▼ 84.3%
2023 · €270k
2022: €27k
2023: €270k
2022 → 2024
Total assets
€1.04M▲ 0.8%
2023 · €1.03M
2022: €1.00M
2023: €1.03M
2022 → 2024
Solvency
33.1%▲ 3.9pp
2023 · 29.3%
2022: 3.2%
2023: 29.3%
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€32k-€302k▲ 834%€345k▲ 14.0%
Operating result€43k-€107k▲ 152%€72k▼ 32.4%
Net result€27k-€270k▲ 887%€42k▼ 84.3%
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 32% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.04M
Fixed assets
€1.02M▲ 3.0%
Current assets
€22k▼ 49.6%
Equity and liabilities €1.04M
Equity
€345k▲ 14.0%
Debt
€695k▼ 4.7%
The debt ratio falls from 70.7% to 66.9%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
33.1%▲
2023 · 29.3%
ROE
12.3%▼
2023 · 89.3%
ROA
4.1%▼
2023 · 26.2%
Debt
€695k▼
2023 · €730k
Debt ≤ 1 year
€257k▲
2023 · €189k
Debt > 1 year
€430k▼
2023 · €532k
Income taxes
€12k▼
2023 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.03M€1.04M▲
Fixed assets21/28€988k€1.02M▲
Tangible fixed assets22/27€26k€55k▲
Land and buildings22€26k€25k▼
Other tangible fixed assets26-€30k
Financial fixed assets28€963k€963k=
Current assets29/58€44k€22k▼
Amounts receivable within one year40/41€357€12k▲
Trade receivables40€0€12k▲
Other amounts receivable41€357€0▼
Cash at bank and in hand54/58€43k€10k▼
Deferred charges and accrued income490/1€150€0▼
Equity and liabilities
Total equity and liabilities10/49€1.03M€1.04M▲
Equity10/15€302k€345k▲
Contributions10/11€5k€5k=
Reserves13€297k€339k▲
Distributable reserves133€297k€339k▲
Profit (loss) carried forward14€163€578▲
Amounts payable17/49€730k€695k▼
Amounts payable after more than one year17€532k€430k▼
Financial debts170/4€382k€330k▼
Other amounts payable178/9€150k€100k▼
Amounts payable within one year42/48€189k€257k▲
Current portion of amounts payable after more than one year42€51k€53k▲
Trade debts44€1k€615▼
Suppliers440/4€1k€615▼
Taxes, remuneration and social security45€22k€38k▲
Taxes450/3€22k€38k▲
Other amounts payable47/48€114k€166k▲
Accrued charges and deferred income492/3€9k€9k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€304€304=
Other operating charges640/8€195€3k▲
Gross operating margin9900€108k€75k▼
Operating profit (loss)9901€107k€72k▼
Financial income75/76B€199k€0▼
Recurring financial income75€199k€0▼
Financial charges65/66B€18k€18k▲
Recurring financial charges65€18k€18k▲
Profit (loss) for the period before taxes9903€288k€54k▼
Income taxes67/77€19k€12k▼
Profit (loss) for the period9904€270k€42k▼
Profit (loss) for the period to be appropriated9905€270k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€270k€43k▼
Profit (loss) brought forward from the previous period14P€336€163▼
Transfer to equity691/2€270k€42k▼
To other reserves6921€270k€42k▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2022net €270k ▲887%
Operating result €107k, net result €270k, both a record.
31-12
Financial
Equity above €200kEq €302k ▲834%
2 profitable years in a row build equity to €302k.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit since 2022
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.
Onafhankelijkheidslaan 149000 GentGround area
218 m²
Building footprint
145 m²
Volume, LiDAR
1,400 m³
Parcel 44808H0079/00N002, Flanders · tallest building 15.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Lpcello
since 20222.329.317.220
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0079/00N002 | Flanders | 218 m² | 1 · 145 m² | 15.0 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,759. 13,769 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2022
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.