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LPQ

Active Private limited companyfounded 2024active for 2 yearsHandzamestraat 105, 8610 KortemarkKBO/BCE: BE 1012.928.537

Overview

Lifetime

2 annual accounts with figures on one time axis
peak €238,822 (2025)
€238,822▲ 14×
peak €173,930 (2025)
€173,930▲ 18×
peak €188,499 (2025)
€188,499▲ 13×
€253,199▲ 16.8%
Board1 name since 2024
Documentsfilings and deeds
27-07-20264 days before the deadline
2025micro format
Gross margin from €16,814 to €238,822Result from €9,569 to €173,930Equity from €14,569 to €188,499Debts from €216,720 to €253,199Cash from €4,782 to €106,854

Key points

from the 2025 annual accounts

Result

€173,930 ▲ 18×
€9,5702024€174,0002025

The result rose in 2025 from €9,569 to €173,930.

Liquidity

2.84 was 0.77 in 2024

Short-term debts rose from €25,307 to €81,081.

Position in the sector

€173,930

Higher net result than 84% of companies in human health. Sector median €60,073 · 20,747 companies.

Checked score

96
Excellent
Financially stronger than 68% of micro companies in human health (NACE 86)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 24,185 companies (NACE 86, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 09-2025: 0.1% 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: < 0.1%▼ -0.2 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

68+37equity 42.7% of total assets
75+23short-term debt 18.4% · cash 24.2%
100+26return on assets 39.4%

Score breakdown

lowers risk
Sector: Human health activities (NACE 86)
Liquidity: current ratio 2.84, cash €106,854
Figures for financial year 2025 (filed on 27-07-2026)
Size: total assets €441,698
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 86, micro). It does better than 34% of them on solvency, 56% on liquidity, 80% on profitability and 99% on growth.

The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.

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, 39,278 companies had the same profile as LPQ has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of LPQ itself is lower: < 0.1% within 12 months. It rests on far more data about LPQ 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.

The companies in ten equal groups, from the lowest to the 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% 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 39,278 companies, not a prediction for LPQ. 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 €18,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity is ample, with a current ratio of 2.84 (0.77 in 2024), above the usual 1.5. Short-term debt is 18.4% and cash 24.2% of total assets. However, 57.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Human health activities (NACE 86)
KBO
lowers risk · Liquidity: current ratio 2.84, cash €106,854
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 27-07-2026)
NBB · annual accounts
lowers risk · Size: total assets €441,698
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 27-07-2026, 4 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
4 days early
2024
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 14 days before the deadline. In the sector (NACE 86), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

PL
Director, since 29-08-2024
  • PETITQUEUX Lucas Wilfried Jean founderdeed of 02-09-2024

Shares in 1 company, De Ruyt

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1012928537
Incorporation Founding capital of €5,000, 100 shares · Founder: PETITQUEUX Lucas Wilfried Jean · Appointment: PETITQUEUX Lucas Wilfried Jean (director) · published on 02-09-2024 · Gazette deed
First establishment Handzamestraat 105, Kortemark
All 7 events

Comparable companies

same main activity, similar in size and age
Company
LPQ Kortemark €441,698 €238,822 42.7% -
Dokter Nathalie Segaert Jabbeke €369,383 €243,280 77.0% -
CHIROPRACTIE OOSTKAMP Oostkamp €471,899 €257,852 80.3% -
Dokter Annemie Boussauw Diksmuide €338,608 €253,953 52.8% -
HAP AW Roeselare €316,482 €231,226 86.3% -
CABINET DOCTEUR FALLER GALERNEAU Braine-le-Comte €562,088 €241,047 33.1% -
LTXH MEDECINE Verviers €458,777 €229,854 66.4% -

These companies have the same main activity as LPQ: general medical practice (NACE 86210). They are comparable in size and age: total assets between €316,000 and €562,000, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 29-08-2024Normal situation
Activity
General medical practiceNACE 86210and 1 other
Establishment unit
2.363.508.4338610 Kortemark, since 29-08-2024
Financial year end
31 December
Peppol
Reachable since 24-10-2025
Company details

Annual accounts 2025

€238,822▲ 14×
≈ €480,000estimated
€173,930▲ 18×
€188,499▲ 13×
€441,698▲ 91.0%
Filing
Filed on 27-07-2026, 4 days before the end of the filing period
Financials

Insights on LPQ

LPQ has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €188,499 and a net result of €173,930.

Its solvency ranks better than 34% of 20,760 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 27-07-2026, 4 days before the deadline
€238,822
▲ 14×
€238,694
▲ 19×
€173,930
▲ 18×
€148,867
▲ €154,635
42.7%
▲ 36.4 percentage points
2.84
▲ 2.06

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €480,000. Estimated: probably between €360,000 and €600,000.

Balance sheet

balance sheet total €441,698 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

42.7%

Higher than 34% of 20,760 companies in 2025.

2.84

Higher than 51% of 20,335 companies in 2025.

39.4%

Higher than 75% of 20,616 companies in 2025.

LPQ Middle half of the sector 80% of the sector Micro accounts in human health (NACE 86)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024
Balance sheet: assets
20/58 441,698231,289
21/28 211,750211,750
28 211,750211,750
29/58 229,94819,539
50/53 32,000-
54/58 106,8544,782
490/1 91,09414,757
Balance sheet: equity and liabilities
10/49 441,698231,289
10/15 188,49914,569
10/11 5,0005,000
13 183,4999,569
133 183,4999,569
17/49 253,199216,720
17 172,118191,413
170/4 172,118191,413
42/48 81,08125,307
42 19,29518,793
44 1,8561,707
440/4 1,8561,707
45 59,7582,867
450/3 59,7582,867
47/48 1721,939
Income statement
9900 238,82216,814
630 04,130
640/8 128-
9901 238,69412,684
75/76B 603-
75 603-
65/66B 5,814562
65 5,814562
9903 233,48212,122
67/77 59,5522,553
9904 173,9309,569
9905 173,9309,569
Appropriation of the result
9906 173,9309,569
691/2 173,9309,569
6921 173,9309,569
Document PDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 27-07-2026 2026-00333693 PDF
31-12-2024 micro format 08-07-2025 2025-00242387 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024
238,69416,814
173,93013,699
0211,750
102,072-
148,867-5,768
42.7%6.3%
2.840.77
1.3414.88
92.3%65.7%
39.4%4.1%
41.0529.92

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item20252024
Pledge on other assets, amount secured€211,750€105,875
Carrying value of the other pledged assets€211,750€211,750

Source: notes to the 2024 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024
Financial fixed assets-€211,750
€0€4,130

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Insights on LPQ

The operating result for 2025 is nearly 19 times that of 2024.

Debt's share of the balance-sheet total falls from 93.7% to 57.3%. Equity and debt are higher.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 29-08-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 27-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 02-09-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
PETITQUEUX Lucas Wilfried Jean
Director (not named in the articles)
Board
Mandates as a list
  • PETITQUEUX Lucas Wilfried Jean
    • Director (not named in the articles), from 29-08-2024 to date

See the board, name and registered office on a given date →

Control

This company
LPQ
Equity €188,499
Profit €173,930 in 2025

Capital

Contribution
€5,000
Shares
100
Contribution per share
€50
Equity per share
€1,885 in 2025
Source
deed of 02-09-2024

Articles of association

deed of 02-09-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 14:00

Founder

At incorporation deed of 02-09-2024 ↗

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros
This companyLPQ1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

At the same address

Handzamestraat 105, 8610 Kortemark · 5 other companies
Edelweiss
registered office since 15-04-2020 · founded in 2020 · negative equity (2025)
total assets €10.1m (2025)
0745.982.953
PETITQUEUX - POLLET
registered office since 01-07-2010 · founded in 1992 · accounts filed late
total assets €6.6m (2024)
0448.560.365
GB MALDEGEM
registered office since 02-01-2001 · founded in 2001 · accounts filed late
5.8 FTE (2024)
0473.665.648
Bouwbedrijf Pollet
establishment since 01-09-1979 · founded in 1979
total assets €243,994 (2025)
0419.552.219
UNICAR
registered office since 12-10-2001 · founded in 1985
total assets €7,244 (2022)
0428.177.794

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
  • Equity €270,504 Loss of €78,360 in 2025 (loss of €42,552 in 2024) Checked score 63
    50%
Holdings through the years 2024 to 2025
Holdings through the years
Name20242025
De Ruyt 50%

Source: list of holdings in its own accounts

Board mandates elsewhere

1 board mandate
Board mandates of LPQLPQ sits on their board1
Director
Founded in 2023 · total assets €1.1m (2025)

Connections & network

1 current director
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

7 events since 2024

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 4 days before the deadline
2025
Liquidity more than triples current ratio 2.84 The current ratio rises from 0.77 to 2.84.
Equity above €150,000 equity €188,499 ▲1,194% With a profit in every financial year since 2024, equity grows to €188,499.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1012928537
Annual accounts 2024 filed NBBmicro format · 23 days before the deadline
2024
IncorporationFounding capital of €5,000, 100 shares · Founder: PETITQUEUX Lucas Wilfried Jean · Appointment: PETITQUEUX Lucas Wilfried Jean (director) · published on 02-09-20244 points ▸

Open the deed in the Belgian Official Gazette

First establishment Handzamestraat 105, Kortemark

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 29 August 2024, LPQ was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 PETITQUEUX Lucas Wilfried Jean has served as director since 2024.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-09-2024
  3. 3National Bank, annual accounts 2025

Company details

Identity

Enterprise number
1012.928.537
VAT number
BE 1012.928.537
Peppol ID
0208:1012928537
Other Peppol ID
9925:BE1012928537
Legal form
Private limited company
Status
Active, normal situation
Founded
29-08-2024
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 14:00
deed of 02-09-2024 (in Dutch)
Peppol
Reachable since 24-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
LPQ in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-09-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 02-09-2024 (in Dutch)

Activities

NACEBEL 2025
86210 General medical practice main activity
Codes under NACEBEL 2008
86210 General medical practice main activity
82990 Other business support services

Registered office and establishments

1 establishment
Establishment Since Unit number
Handzamestraat 105 registered office 8610 Kortemark 29-08-2024 2.363.508.433

Buildings and parcels at the address

Ground area
1,977 m²
Buildings
491 m²
Volume, LiDAR
3,068 m³
Tallest building
11.5 m
Buildings to scale, each on its own parcel
491 m², 11.5 m 491 m², 11.5 m

Location

registered office establishment The establishment unit on the map
6 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
32011C0274/00D0021,977 m² 1 · 491 m² 11.5 m · 2