LPI
ActiveThe computed 12-month bankruptcy probability of LPI is 4.3% (elevated). The annual accounts of LPI for fiscal year 2024 show a net loss of 65% of the equity at the start of that year. The 2024 annual accounts show equity of €3k and a net result of €-6k. Equity is shrinking by ~20.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 23% of 36375 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
27
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-91
Solvency46▼-22
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.73 against 1.14 in 2023; short-term debt: 78.7% and cash: 16.3% of total assets), and 78.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
21.3%
Return on assets
-39.3%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 23%
← 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 04-08-2025, 4 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
4 d late
2023
37 d early
2022
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k
2023 · €4k
2022: €3k
2023: €4k
2022 → 2024
Working capital
€-3k
2023 · €2k
2022: €3k
2023: €2k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€5k-€9k▲ 69.1%€3k▼ 64.9%
Operating result€4k-€10k▲ 127%€-6k
Net result€3k-€4k▲ 27.1%€-6k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €6k after €10k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €15k
Fixed assets
€6k▼ 14.4%
Current assets
€9k▼ 37.8%
Equity and liabilities €15k
Equity
€3k▼ 64.9%
Debt
€12k▼ 3.4%
The debt ratio rises from 57.3% to 78.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▼
2023 · €12k
Cash flow
€-3k▼
2023 · €6k
Solvency
21.3%▼
2023 · 42.7%
Current ratio
0.73▼
2023 · 1.14
Quick ratio
0.73▼
2023 · 1.14
Debt / equity
3.69▲
2023 · 1.34
ROE
-184.6%▼
2023 · 40.9%
ROA
-39.3%▼
2023 · 17.4%
Interest coverage
-50.33▼
2023 · 418.32
Debt
€12k▼
2023 · €12k
Debt ≤ 1 year
€12k▼
2023 · €12k
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€22k€15k▼
Fixed assets21/28€8k€6k▼
Tangible fixed assets22/27€8k€6k▼
Furniture and vehicles24€8k€6k▼
Financial fixed assets28€45€45=
Current assets29/58€14k€9k▼
Amounts receivable within one year40/41€12k€5k▼
Trade receivables40€12k€5k▼
Cash at bank and in hand54/58€2k€2k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€22k€15k▼
Equity10/15€9k€3k▼
Contributions10/11€3k€3k=
Reserves13€7k€7k=
Non-distributable reserves130/1€250€250=
Reserves not available under the articles1311€250€250=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14-€-6k
Amounts payable17/49€12k€12k▼
Amounts payable within one year42/48€12k€12k▼
Trade debts44€418€922▲
Suppliers440/4€418€922▲
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€7k€5k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€5k€4k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€85€444▲
Gross operating margin9900€12k€-2k▼
Operating profit (loss)9901€10k€-6k▼
Financial charges65/66B€28€55▲
Recurring financial charges65€28€55▲
Profit (loss) for the period before taxes9903€10k€-6k▼
Income taxes67/77€6k-
Profit (loss) for the period9904€4k€-6k▼
Profit (loss) for the period to be appropriated9905€4k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-6k▼
Transfer to equity691/2€4k-
To the legal reserve6920€250-
To other reserves6921€4k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Weakest financial yearnet €-6k ▼259%
Net result drops to €-6k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €4k ▲27.1%
Operating result €10k, net result €4k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full 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, Fleurus · 1 establishment unit since 2021
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.
Rue des Dames(WB) 146224 FleurusGround area
164 m²
Building footprint
69 m²
Volume, LiDAR
471 m³
Parcel 52071C1509/00G000, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LPI
since 20212.325.051.990
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52071C1509/00G000 | Wallonia | 164 m² | 1 · 69 m² | 8.0 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.
Similar companies · same sector, comparable size
BVM Global Building Solutions
BE 0835.112.392
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Yuki Construct
BE 1006.958.780
Evergem · Eq €3k
ALL ELECTRICS
BE 0803.415.366
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FEKA INVEST
BE 1025.386.505
Gent · Eq €3k
AEM Business Solution
BE 0793.146.729
Schaarbeek · Eq €3k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 2,727 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2021
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
62010Computer programming, consultancy and related activities
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:nathan@justlpi.be
Phone:+32472564525