Skip to content

LPV

Active
Private limited companyfounded 200817 yrs activeElzendamme(Oost) 9, 8640 Vleteren, BelgiumKBO/BCE: BE 0807.686.534

LPV has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €328k and a net result of €-20k. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 34% of 4410 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
27 / 100
Weak▼ -67 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency41▼-40
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days only on tighter terms
Liquidity tight (current ratio 1.09 against 1.76 in 2024), and 74.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
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 13-04-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 d early
2024
35 d early
2023
55 d early
2022
10 d early
2021
9 d late
2020
44 d early
2019
5 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€328k▼ 5.6%
2024 · €348k
2018: €95k 2019: €89k 2020: €101k 2021: €152k 2022: €204k 2023: €203k 2024: €348k
2018 → 2025
Total assets
€1.30M▲ 53.2%
2024 · €846k
2018: €497k 2019: €437k 2020: €401k 2021: €405k 2022: €427k 2023: €531k 2024: €846k
2018 → 2025
Net result
€-20k
2024 · €145k
2018: €25k 2019: €-7k 2020: €12k 2021: €52k 2022: €53k 2023: €421 2024: €145k
2018 → 2025
Working capital
€66k▼ 64.3%
2024 · €186k
2018: €34k 2019: €25k 2020: €36k 2021: €72k 2022: €99k 2023: €50k 2024: €186k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€152k-€204k▲ 34.4%€203k▼ 0.2%€348k▲ 71.1%€328k▼ 5.6%
Operating result€77k-€79k▲ 1.7%€12k▼ 85.1%€193k▲ 1,549%€2k▼ 99.1%
Net result€52k-€53k▲ 2.5%€421▼ 99.2%€145k▲ 34,294%€-20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200kOperating result 2021: €77k€77kNet result 2021: €52k€52kOperating result 2022: €79k€79kNet result 2022: €53k€53kOperating result 2023: €12k€12kNet result 2023: €421€421Operating result 2024: €193k€193kNet result 2024: €145k€145kOperating result 2025: €2k€2kNet result 2025: €-20k€-20k20212022202320242025
The operating result falls in 2025; 2025 is 99% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.30M
Fixed assets €491k▲ 18.1%
Current assets €805k▲ 87.0%
Equity and liabilities €1.30M
Equity €328k▼ 5.6%
Provisions €36k▼ 5.4%
Debt €932k▲ 102%
The debt ratio rises from 54.4% to 71.9%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€29k
2024 · €224k
Cash flow
€8k
2024 · €176k
Solvency
25.3%
2024 · 41.1%
Current ratio
1.09
2024 · 1.76
Quick ratio
0.26
2024 · 1.17
Debt / equity
2.84
2024 · 1.32
ROE
-5.9%
2024 · 41.6%
ROA
-1.5%
2024 · 17.1%
Interest coverage
1.28
2024 · 22.53
Debt
€932k
2024 · €460k
Debt ≤ 1 year
€739k
2024 · €244k
Debt > 1 year
€193k
2024 · €216k
Income taxes
€477
2024 · €722
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€846k€1.30M
Fixed assets21/28€415k€491k
Tangible fixed assets22/27€415k€491k
Land and buildings22€366k€458k
Plant, machinery and equipment23€24k€14k
Furniture and vehicles24€20k€17k
Other tangible fixed assets26€6k€2k
Current assets29/58€431k€805k
Stocks and contracts in progress3€145k€610k
Stocks30/36€145k€610k
Amounts receivable within one year40/41€166k€122k
Trade receivables40€45k€65k
Other amounts receivable41€121k€57k
Cash at bank and in hand54/58€119k€72k
Deferred charges and accrued income490/1€695€812
Equity and liabilities
Total equity and liabilities10/49€846k€1.30M
Equity10/15€348k€328k
Contributions10/11€19k€19k=
Reserves13€279k€271k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€151k€143k
Distributable reserves133€129k€129k=
Profit (loss) carried forward14€50k€39k
Provisions and deferred taxes16€38k€36k
Deferred taxes168€38k€36k
Amounts payable17/49€460k€932k
Amounts payable after more than one year17€216k€193k
Financial debts170/4€216k€193k
Amounts payable within one year42/48€244k€739k
Current portion of amounts payable after more than one year42€38k€23k
Financial debts43-€628k
Credit institutions430/8-€628k
Trade debts44€200k€78k
Suppliers440/4€200k€78k
Advances received on contracts in progress46€1k€9k
Taxes, remuneration and social security45€5k€807
Taxes450/3€571€807
Remuneration and social security454/9€5k€0
Other amounts payable47/48€0-
Income statement Code20242025
Non-recurring operating income76A€208k€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€28k
Other operating charges640/8€5k€5k
Non-recurring operating charges66A€680€0
Gross operating margin9900€229k€35k
Operating profit (loss)9901€193k€2k
Financial income75/76B€1€42
Recurring financial income75€1€42
Financial charges65/66B€10k€23k
Recurring financial charges65€10k€23k
Profit (loss) for the period before taxes9903€183k€-21k
Transfer from deferred taxes780€4k€2k
Transfer to deferred taxes680€41k€0
Income taxes67/77€722€477
Profit (loss) for the period9904€145k€-20k
Transfer from tax-exempt reserves789€15k€8k
Transfer to tax-exempt reserves689€166k€0
Profit (loss) for the period to be appropriated9905€-6k€-11k
Appropriation of the result
Profit (loss) to be appropriated9906€50k€39k
Profit (loss) brought forward from the previous period14P€56k€50k
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
13-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Weakest financial yearnet €-20k ▼113%
Net result drops to €-20k, the lowest in the series.
26-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Highest result since 2018net €145k ▲34294%
Operating result €193k, net result €145k, both a record.
06-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
20-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Equity above €200kEq €204k ▲34.4%
3 profitable years in a row build equity to €204k.
09-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
30-09
Financial Equity above €150kEq €152k ▲50.5%
2 profitable years in a row build equity to €152k.
17-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Back to profitnet €12k
Net result €12k after one loss-making year.
30-09
Financial Equity above €100kEq €101k ▲12.9%
Equity rises from €89k to €101k.
05-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
26-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
20-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 143 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2024
Pysson Lode Wilfried
Director · since 04-03-2024
Current
04-03-2024 Appointed as Director
Location & real-estate footprint
Registered office, Vleteren · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Elzendamme(Oost) 98640 Vleteren
Ground area
1,211 m²
Building footprint
146 m²
Volume, LiDAR
848 m³
Parcel 33018B0046/00F000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Snoeibedrijf Pysson
Elzendamme(Oost) 9, 8640 VleterenForestry and logging
since 20082.174.348.139
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33018B0046/00F000 Flanders 1,211 m² 1 · 146 m² 7.6 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

Of 21,156 companies in sector 81300 we hold annual accounts for 4,344. 3,029 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-11-2008
Fiscal year end30-09
Activities, NACEBEL
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.