Equity
-€1.3m
Debts exceed assets in financial year 2025.
LPPO
Lifetime
19 annual accounts with figures on one time axispeak €870,159 (2019)
-€616,654▲ €228,826
lowest -€1.8m (2025)
-€1.8m▼ €664,150
peak €1.7m (2023)
-€1.3m▼ €1.8m
€9.1m▲ 17.2%
Board1 name since 2019
1 directorLode Peeters
Documentsfilings and deeds
30-04-2026on the last day
2025abbreviated format
Gross margin from -€845,479 to -€616,654Loss of €1.8mEquity from €509,320 to -€1.3mDebts from €7.8m to €9.1mCash from €188,719 to €82,718
Key points
from the 2025 annual accountsResult
-€1.8m ▼ 57.9%
The result fell in 2025 from -€1.1m to -€1.8m.
Debts
€9.1m 115% of the balance sheet
Financial debts 21%Suppliers 0%Taxes and wages 0%Other 79%
Of this, €6.9m falls due within a year.
Investments
€308,433 1.6 × depreciation
Green is investment, beige is depreciation. Machinery stands 12.5% higher than in 2024.
Filings
19 annual accounts since 2007
The last five annual accounts were filed 0 to 134 days before the end of the period.
Position in the sector
-€1.8m
Lower net result than 95% of companies in head offices and management consultancy. Sector median €37,464 · 10,858 companies.
Turnover not published (abbreviated or micro format)
Checked score
52
Fair
Financially stronger than 1% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: 0.1%▲ +0.1 percentage points vs 04-2025
06-2025: 0.3%▲ +0.2 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.4%▲ +0.1 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.6%▲ +0.2 percentage points vs 04-2026highest value
06-2026: 0.5%▼ -0.1 percentage points vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.1 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Loss of €1.8m, the second in a row (financial year 2025)
Negative equity -€1.3m
Liquidity: current ratio 0.52, cash €82,718, halved
lowers risk
Size: total assets €7.9m
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 (NACE 70, small). It does better than 2% of them on solvency, 3% on liquidity, 1% on profitability and 1% 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 low class on 30-06-2025, 0.8% 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, 108 companies had the same profile as LPPO has now. Each dot is one company, two years later.
80.6%
were still trading
11.1%
stopped another way
6.5%
went bankrupt
Another 1.9% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LPPO itself is lower: 0.6% within 12 months. It rests on far more data about LPPO than the profile alone.
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 108 companies, not a prediction for LPPO. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.52 (0.74 in 2024), below 1. Short-term debt is 87.1% and cash 1% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€1.3m
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
1 day early
2022
38 days early
2021
134 days early
2020
2 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
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 30 April (4 of the last 5 accounts filed within 38 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0878447143
Amendment of the articles · Legal-form change
Legal-form conversion: from private limited company (pre-2019) to private limited company · Board composition: PEETERS Lode (director) · General meeting of 28-03-2023 · Gazette deed
Publication in the Belgian Official Gazette
Gazette deed
Registered office moved from Merchtem to Wemmel
New registered office: Frans Robbrechtsstraat 225, 1780 Wemmel · Previous registered office: Sint Huybrechtsstraat 111, 1785 Merchtem · Board meeting of 03-05-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LPPO Wemmel | €7.9m | -€616,654 | -16.4% | - |
| FYTO & CONSULT Ghent | €7.8m | -€80,604 | 99.7% | 0 |
| PLAY INVEST Waregem | €7.6m | -€103,887 | 96.9% | - |
| PLANET ET TERRA INTERNATIONAL Deinze | €7.2m | -€45,270 | 96.5% | - |
| KANEJA Edegem | €7.6m | -€38,256 | 52.1% | - |
| MAVOR Wuustwezel | €9.3m | -€101,114 | 67.9% | 0 |
| GAPLUX Tournai | €9.6m | -€75,329 | 69.3% | - |
These companies have the same main activity as LPPO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €7.2m and €9.6m, founded between 2003 and 2008.
Official details
Source: KBO- Status
- Active since 09-01-2006Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.151.716.1581780 Wemmel, since 01-02-2006
- Financial year end
- 30 September
- Peppol
- Reachable since 26-07-2024
Annual accounts to 30-09-2025
- €7.9m▼ 5.7%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on LPPO
LPPO files the abbreviated format. That format states no turnover. The gross margin fell from €152,166 in 2007 to -€616,654 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 LPPO
- What is the company number of LPPO?
- The company number of LPPO is 0878.447.143. The VAT number is the same number with BE in front: BE 0878.447.143.
- Where is LPPO based?
- The registered office is at Fr. Robbrechtsstraat 225, 1780 Wemmel.Company details
- What does LPPO do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of LPPO?
- LPPO is a private limited company (BV).
- When was LPPO founded?
- LPPO was founded on 09-01-2006.
- Is LPPO still active?
- Yes, LPPO is an active enterprise in the KBO register.
- What is the turnover of LPPO?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is LPPO profitable?
- In financial year 2025, LPPO made a loss of €1.8m.
- Where can I find the annual accounts of LPPO?
- LPPO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LPPO due?
- LPPO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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