Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
In July 2024, 6,908 companies had the same profile as LRPS has now. Each dot stands for 18 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 6,908 companies, not a prediction for LRPS. 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.
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.
| Company | ||||
|---|---|---|---|---|
| LRPS Wavre | €15,371 | -€763 | -5.9% | - |
| VIDALU Liège | €24,538 | -€7,242 | 78.3% | - |
| SERENUS PRODUCTION ET FRANCIS NEWMAN MUSIC Genappe | €17,194 | €713 | -142.0% | - |
| ALL-DECOR GENT Ghent | €14,697 | €2,492 | -587.4% | - |
| LINKS MOBILE Liège | €24,601 | €2,308 | 79.7% | - |
| QONTRAST Lokeren | €24,270 | -€1,073 | -561.5% | - |
| SUPREME BELGIUM Roeselare | €37,517 | -€7,591 | 29.8% | - |
These companies have the same main activity as LRPS: retail sale of lighting equipment (NACE 47552). They are comparable in size and age: total assets between €14,700 and €37,500, founded between 1999 and 2011.
LRPS files the micro format. That format states no turnover. The gross margin fell from -€303 in 2009 to -€763 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 20% of 22,939 companies in 2025.
Higher than 29% of 22,068 companies in 2025.
Higher than 18% of 22,218 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
15,371 | 22,293 | 14,831 | 53,782 | 109,412 | 82,945 | 106,022 | 106,732 | 42,738 | 58,931 | 25,973 | 42,566 | 59,058 | 42,432 | 23,636 | |
21/28 |
- | - | - | 5,176 | 11,173 | 16,988 | 24,640 | 10,605 | 2,052 | 2,209 | 1,297 | 3,836 | 8,351 | 12,414 | 15,527 | |
21 |
- | - | - | 18 | 73 | 1,096 | 3,087 | 5,100 | 67 | 112 | 889 | 2,283 | 4,043 | 5,135 | 6,686 | |
22/27 |
- | - | - | 5,158 | 11,100 | 15,892 | 21,553 | 5,505 | 1,985 | 2,097 | 408 | 1,553 | 4,308 | 7,280 | 8,840 | |
23 |
- | - | - | 301 | 1,521 | 2,749 | 3,978 | 5,206 | 1,985 | 2,097 | 408 | 1,553 | 4,308 | 7,280 | 8,840 | |
24 |
- | - | - | 4,857 | 9,579 | 13,143 | 17,575 | 299 | - | - | - | - | - | - | - | |
29/58 |
15,371 | 22,293 | 14,831 | 48,606 | 98,240 | 65,957 | 81,382 | 96,127 | 40,686 | 56,722 | 24,676 | 38,730 | 50,707 | 30,018 | 8,109 | |
3 |
3,127 | 3,149 | 6,124 | 20,575 | 37,494 | 26,558 | 58,856 | 61,598 | 18,503 | 43,590 | 22,372 | 31,842 | 40,205 | 23,779 | 5,324 | |
30/36 |
3,127 | 3,149 | 6,124 | 20,575 | 37,494 | 26,558 | 58,856 | 61,598 | 18,503 | 43,590 | 22,372 | 31,842 | 40,205 | 23,779 | 5,324 | |
40/41 |
842 | 186 | 3,124 | 479 | 2,558 | 11,052 | 5,755 | 12,122 | 5,128 | 7,092 | 506 | 3,811 | 6,970 | 4,407 | 1,111 | |
40 |
- | - | - | - | 999 | 9,160 | 2,590 | - | 2,000 | - | - | - | - | - | - | |
41 |
842 | 186 | 3,124 | 479 | 1,559 | 1,893 | 3,165 | 12,122 | 3,128 | 7,092 | 506 | 3,811 | 6,970 | 4,407 | 1,111 | |
54/58 |
10,546 | 18,152 | 4,628 | 26,161 | 56,611 | 26,828 | 15,316 | 21,637 | 16,563 | 5,545 | 1,379 | 2,791 | 2,372 | 1,799 | 1,164 | |
490/1 |
856 | 806 | 955 | 1,391 | 1,577 | 1,519 | 1,455 | 770 | 492 | 495 | 420 | 286 | 1,160 | 32 | 511 | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
15,371 | 22,293 | 14,831 | 53,782 | 109,412 | 82,945 | 106,022 | 106,732 | 42,738 | 58,931 | 25,973 | 42,566 | 59,058 | 42,432 | 23,636 | |
10/15 |
-912 | 7,658 | 13,224 | 20,883 | 17,586 | 17,343 | 15,695 | 20,275 | 9,297 | -389 | -2,742 | -7,087 | -4,929 | -1,206 | -558 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,675 | 1,675 | 1,675 | 1,675 | - | - | - | - | - | - | - | |
130/1 |
- | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | 1,860 | 1,675 | 1,675 | 1,675 | 1,675 | - | - | - | - | - | - | - | |
1311 |
- | - | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-21,372 | -12,802 | -7,236 | 423 | -2,689 | -2,931 | -4,579 | - | -3,103 | -12,789 | -15,142 | -19,487 | -17,329 | -13,606 | -12,958 | |
17/49 |
16,283 | 14,635 | 1,607 | 32,899 | 91,827 | 65,601 | 90,327 | 86,457 | 33,441 | 59,320 | 28,715 | 49,653 | 63,986 | 43,638 | 24,194 | |
42/48 |
16,283 | 14,635 | 1,607 | 31,204 | 90,577 | 59,976 | 89,314 | 83,590 | 31,259 | 57,138 | 26,533 | 46,490 | 60,896 | 40,498 | 23,228 | |
44 |
1,486 | 2,799 | 1,458 | 81 | 45 | 121 | 9,658 | 134 | 359 | - | 25 | 177 | - | 1,207 | 105 | |
440/4 |
1,486 | 2,799 | 1,458 | 81 | 45 | 121 | 9,658 | 134 | 359 | - | 25 | 177 | - | 1,207 | 105 | |
45 |
176 | 164 | 149 | 940 | 663 | 170 | 3 | 591 | - | - | - | - | - | - | 63 | |
450/3 |
176 | 164 | 149 | 940 | 663 | 170 | 3 | 591 | - | - | - | - | - | - | 63 | |
47/48 |
14,621 | 11,672 | - | 30,183 | 89,869 | 59,685 | 79,653 | 82,865 | 30,900 | 57,138 | 26,508 | 46,313 | 60,896 | 39,291 | 23,060 | |
492/3 |
- | - | - | 1,695 | 1,250 | 5,625 | 1,013 | 2,867 | 2,182 | 2,182 | 2,182 | 3,163 | 3,090 | 3,140 | 966 | |
| Income statement | ||||||||||||||||
76A |
- | - | - | 5,000 | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
-763 | -4,614 | -1,531 | 11,148 | 10,330 | 12,471 | 6,101 | 9,585 | 10,443 | 3,909 | 7,045 | 2,791 | 1,425 | 4,106 | -303 | |
630 |
- | - | 135 | 5,996 | 6,897 | 7,652 | 7,771 | 2,314 | 657 | 1,391 | 2,539 | 4,515 | 4,688 | 4,366 | 3,427 | |
640/8 |
602 | 572 | 522 | 519 | 779 | 654 | 20 | 25 | - | 60 | 60 | 60 | 60 | 75 | 315 | |
9901 |
-1,365 | -5,186 | -2,188 | 4,633 | 2,654 | 4,165 | -1,690 | 7,246 | 9,786 | 2,458 | 4,445 | -1,784 | -3,323 | -336 | -4,045 | |
75/76B |
- | - | 7 | - | - | 64 | 16 | 112 | - | 1 | - | 180 | 72 | 21 | 337 | |
75 |
- | - | 7 | - | - | 64 | 16 | 112 | - | 1 | - | 180 | 72 | 21 | 337 | |
65/66B |
1 | 215 | 465 | 1,190 | 1,749 | 2,411 | 2,902 | 1,990 | 100 | 106 | 100 | 554 | 471 | 333 | 263 | |
65 |
1 | 215 | 465 | 1,190 | 1,749 | 2,411 | 2,902 | 1,990 | 100 | 106 | 100 | 554 | 471 | 333 | 263 | |
9903 |
-1,366 | -5,401 | -2,647 | 3,443 | 905 | 1,819 | -4,576 | 5,368 | 9,686 | 2,353 | 4,345 | -2,158 | -3,722 | -648 | -3,971 | |
67/77 |
176 | 164 | 149 | 146 | 663 | 170 | 3 | 591 | - | - | - | - | 0 | - | 0 | |
9904 |
-1,542 | -5,566 | -2,796 | 3,297 | 242 | 1,648 | -4,579 | 4,777 | 9,686 | 2,353 | 4,345 | -2,158 | -3,722 | -648 | -3,971 | |
9905 |
-1,542 | -5,566 | -2,796 | 3,297 | 242 | 1,648 | -4,579 | 4,777 | 9,686 | 2,353 | 4,345 | -2,158 | -3,722 | -648 | -3,971 | |
| Appropriation of the result | ||||||||||||||||
9906 |
-21,372 | -12,802 | -7,236 | 608 | -2,689 | -2,931 | -4,579 | 1,675 | -3,103 | -12,789 | -15,142 | -19,487 | -17,329 | -13,606 | -12,958 | |
14P |
-19,830 | -7,236 | -4,440 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | 185 | - | - | - | 1,675 | - | - | - | - | - | - | - | |
6920 |
- | - | - | 185 | - | - | - | 1,675 | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||
The notes to these accounts have 5 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 26-08-2026.
2025 annual accounts filed 26 days after the deadline. Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00444947.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-08-2026 | 2026-00444947 | |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00448089 | |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00416397 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-66200490 | |
| 31-12-2019 | micro format | 03-12-2020 | 2020-74400461 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-58200338 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56900156 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-58600246 | |
| 31-12-2015 | full format | 25-09-2016 | 2016-61400231 | |
| 31-12-2014 | full format | 18-07-2015 | 2015-32600453 | |
| 31-12-2013 | full format | 31-08-2014 | 2014-56800393 | |
| 31-12-2012 | full format | 25-07-2013 | 2013-35700053 | |
| 31-12-2011 | full format | 05-10-2012 | 2012-60500463 | |
| 31-12-2010 | full format | 31-08-2011 | 2011-52800594 | |
| 31-12-2009 | full format | 27-08-2010 | 2010-46900569 |
| Line | Trend | 2025 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | -2,053 | 10,629 | 9,551 | 11,817 | 6,081 | 9,560 | 10,443 | 3,849 | 6,985 | 2,731 | 1,365 | 4,031 | -618 | ||
| - | - | -2,661 | 9,294 | 7,139 | 9,300 | 3,192 | 7,091 | 10,343 | 3,744 | 6,884 | 2,357 | 966 | 3,719 | -545 | ||
| - | - | - | 0 | 1,082 | 0 | 21,806 | 10,867 | 500 | 2,303 | -0 | -0 | 625 | 1,254 | 4,790 | ||
| - | 13,524 | - | -30,450 | 29,783 | 11,511 | -6,321 | 5,074 | 11,018 | 4,166 | -1,412 | 419 | 573 | 635 | - | ||
| -912 | 7,658 | 13,224 | 17,402 | 7,663 | 5,981 | -7,931 | 12,537 | 9,427 | -416 | -1,856 | -7,760 | -10,190 | -10,480 | -15,119 | ||
| -5.9% | 34.4% | 89.2% | 38.8% | 16.1% | 20.9% | 14.8% | 19.0% | 21.8% | -0.7% | -10.6% | -16.6% | -8.3% | -2.8% | -2.4% | ||
| 0.94 | 1.52 | 9.23 | 1.56 | 1.08 | 1.10 | 0.91 | 1.15 | 1.30 | 0.99 | 0.93 | 0.83 | 0.83 | 0.74 | 0.35 | ||
| 0.75 | 1.31 | 5.42 | 0.90 | 0.67 | 0.66 | 0.25 | 0.41 | 0.71 | 0.23 | 0.09 | 0.15 | 0.17 | 0.15 | 0.12 | ||
| - | 1.91 | 0.12 | 1.58 | 5.22 | 3.78 | 5.76 | 4.26 | 3.60 | - | - | - | - | - | - | ||
| - | -72.7% | -21.1% | 15.8% | 1.4% | 9.5% | -29.2% | 23.6% | 104.2% | - | - | - | - | - | - | ||
| -10.0% | -25.0% | -18.9% | 6.1% | 0.2% | 2.0% | -4.3% | 4.5% | 22.7% | 4.0% | 16.7% | -5.1% | -6.3% | -1.5% | -16.8% | ||
| - | - | -4.41 | - | - | - | - | - | - | - | - | - | - | - | - |
The equity ratios are withheld because equity of -€912 is too small for a meaningful ratio.
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.
The operating result for 2025 is a loss of €1,365, against a loss of €5,186 in 2023. Comparable figures for the intervening years are unavailable.
Equity is negative. Debt (€16,283) exceeds the balance-sheet total (€15,371).
LRPS has no parent and no holdings in its annual accounts. is the only director. LRPS shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| VERTICOOK registered office Rue Joseph Mathieu 37A, 1300 Wavre 0161004 Support activities for crop production | 20-06-2007 | 2.164.287.358 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25055B0528/00V000 | 5,450 m² | 1 · 213 m² | 10.7 m · 2 |
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