LUPI
ActiveSummary
LUPI has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €513k and a net result of €121k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 66% of 3705 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+2
Solvency70▲+10
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.44 against 2.06 in 2024; short-term debt: 14.6% and cash: 16.6% of total assets), but 54.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.3%
Return on assets
10.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €513k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
10 d late
2023
69 d early
2022
6 d early
2021
31 d late
2020
58 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€513k▲ 30.8%
2024 · €393k
Total assets
€1.13M▲ 2.2%
2024 · €1.11M
Net result
€121k▲ 25.0%
2024 · €97k
Working capital
€238k▲ 11.5%
2024 · €214k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€104k▼ 14.6%€102k▼ 2.1%€70k▼ 31.7%€151k▲ 117%€185k▲ 22.8%
Net result€81k▼ 9.6%€65k▼ 19.5%€40k▼ 38.3%€97k▲ 141%€121k▲ 25.0%
Equity€384k▲ 3.3%€399k▲ 3.9%€369k▼ 7.5%€393k▲ 6.3%€513k▲ 30.8%
Total assets€1.23M▲ 80.3%€1.10M▼ 10.1%€1.15M▲ 3.9%€1.11M▼ 3.3%€1.13M▲ 2.2%
Debt€842k▲ 173%€703k▼ 16.5%€777k▲ 10.5%€716k▼ 7.8%€619k▼ 13.5%
Working capital€99k▼ 12.2%€186k▲ 87.0%€197k▲ 6.0%€214k▲ 8.7%€238k▲ 11.5%
Staff (FTE)6.5▼ 3.0%7.6▲ 16.9%4.8▼ 36.8%4.6▼ 4.2%5.6▲ 21.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 23% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.13M
Fixed assets
€729k ▲ 5.2%
Current assets
€404k ▼ 3.0%
Equity and liabilities €1.13M
Equity
€513k ▲ 30.8%
Debt
€619k ▼ 13.5%
Debt's share of the balance-sheet total falls from 64.6% to 54.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€261k▲
2024 · €233k
Cash flow
€196k▲
2024 · €178k
Current ratio
2.44▲
2024 · 2.06
Quick ratio
2.17▲
2024 · 1.85
Debt to equity
1.21▼
2024 · 1.82
ROE
23.5%▼
2024 · 24.6%
ROA
10.7%▲
2024 · 8.7%
Interest coverage
15.67▲
2024 · 14.56
Debt ≤ 1 year
€165k▼
2024 · €202k
Debt > 1 year
€454k▼
2024 · €514k
Income taxes
€51k▲
2024 · €40k
Staff costs
€225k▲
2024 · €167k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €131k | €195k | €182k | €167k | €225k | ▲ 35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €82k | €115k | €124k | €82k | €75k | ▼ 8.1% |
| Other operating charges640/8 | €2k | €7k | €8k | €8k | €8k | ▲ 3.9% |
| Gross operating margin9900 | €319k | €418k | €383k | €408k | €494k | ▲ 21.2% |
| Operating profit (loss)9901 | €104k | €102k | €70k | €151k | €185k | ▲ 22.8% |
| Financial income75/76B | €349 | €1k | €2k | €2k | €3k | ▲ 93.8% |
| Recurring financial income75 | €349 | €1k | €2k | €2k | €3k | ▲ 93.8% |
| Financial charges65/66B | €5k | €14k | €16k | €16k | €17k | ▲ 4.0% |
| Recurring financial charges65 | €5k | €14k | €16k | €16k | €17k | ▲ 4.0% |
| Profit (loss) for the period before taxes9903 | €99k | €89k | €56k | €137k | €172k | ▲ 25.8% |
| Income taxes67/77 | €18k | €24k | €16k | €40k | €51k | ▲ 27.7% |
| Profit (loss) for the period9904 | €81k | €65k | €40k | €97k | €121k | ▲ 25.0% |
| Profit (loss) for the period to be appropriated9905 | €81k | €65k | €40k | €97k | €121k | ▲ 25.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.23M | €1.10M | €1.15M | €1.11M | €1.13M | ▲ 2.2% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €859k | €750k | €745k | €693k | €729k | ▲ 5.2% |
| Intangible fixed assets21 | - | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €859k | €750k | €745k | €693k | €729k | ▲ 5.2% |
| Land and buildings22 | €677k | €643k | €609k | €576k | €542k | ▼ 5.9% |
| Plant, machinery and equipment23 | €6k | €9k | €12k | €32k | €37k | ▲ 12.9% |
| Furniture and vehicles24 | - | - | €103k | €80k | €150k | ▲ 86.7% |
| Other tangible fixed assets26 | €176k | €98k | €21k | €4k | €480 | ▼ 89.0% |
| Current assets29/58 | €367k | €353k | €401k | €416k | €404k | ▼ 3.0% |
| Stocks and contracts in progress3 | €33k | €40k | €44k | €42k | €45k | ▲ 6.9% |
| Stocks30/36 | €33k | €40k | €44k | €42k | €45k | ▲ 6.9% |
| Amounts receivable within one year40/41 | €84k | €52k | €5k | €4k | €8k | ▲ 78.9% |
| Trade receivables40 | - | - | - | - | €4k | - |
| Other amounts receivable41 | €84k | €52k | €5k | €4k | €3k | ▼ 21.2% |
| Current investments50/53 | - | - | - | €152k | €152k | = |
| Cash at bank and in hand54/58 | €242k | €260k | €344k | €213k | €189k | ▼ 11.4% |
| Deferred charges and accrued income490/1 | €8k | €662 | €8k | €5k | €10k | ▲ 120% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.23M | €1.10M | €1.15M | €1.11M | €1.13M | ▲ 2.2% |
| Equity10/15 | €384k | €399k | €369k | €393k | €513k | ▲ 30.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €366k | €381k | €351k | €374k | €495k | ▲ 32.3% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €364k | €379k | €351k | €374k | €495k | ▲ 32.3% |
| Profit (loss) carried forward14 | €192 | €192 | €192 | €193 | €193 | = |
| Amounts payable17/49 | €842k | €703k | €777k | €716k | €619k | ▼ 13.5% |
| Amounts payable after more than one year17 | €574k | €536k | €573k | €514k | €454k | ▼ 11.7% |
| Financial debts170/4 | €574k | €536k | €573k | €514k | €454k | ▼ 11.7% |
| Amounts payable within one year42/48 | €268k | €167k | €204k | €202k | €165k | ▼ 18.2% |
| Current portion of amounts payable after more than one year42 | €38k | €38k | €58k | €59k | €60k | ▲ 2.2% |
| Trade debts44 | €88k | €40k | €31k | €24k | €54k | ▲ 132% |
| Suppliers440/4 | €88k | €40k | €31k | €24k | €54k | ▲ 132% |
| Advances received on contracts in progress46 | €1k | €2k | €2k | €1k | - | - |
| Taxes, remuneration and social security45 | €68k | €27k | €40k | €44k | €45k | ▲ 3.3% |
| Taxes450/3 | €39k | €9k | €20k | €31k | €21k | ▼ 33.3% |
| Remuneration and social security454/9 | €29k | €19k | €20k | €13k | €25k | ▲ 89.5% |
| Other amounts payable47/48 | €72k | €60k | €74k | €75k | €6k | ▼ 92.5% |
| Accrued charges and deferred income492/3 | - | - | €1 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €81k | €65k | €40k | €97k | €121k | ▲ 25.0% |
| + Depreciation and write-downs630 | €82k | €115k | €124k | €82k | €75k | ▼ 8.1% |
| Operating cash flow (approximation) | €163k | €180k | €164k | €178k | €196k | ▲ 9.8% |
| Investment in fixed assets (approximation) | - | €-5k | €-119k | €-29k | €-111k | ▼ 282% |
| Change in cash | - | €19k | €84k | €-131k | €-24k | ▲ 81.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €121k ▲25%
Operating result €185k, net result €121k, both a record.
31-12
Financial
Equity above €500kEq €513k ▲30.8%
8 profitable years in a row build equity to €513k.
10-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 10 days late
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €40k ▼38.3%
Net result drops to €40k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity doublescurrent ratio 4.79
Current ratio from 2.05 to 4.79; short-term debt falls from €63k to €57k.
31-12
Financial
Equity above €500kEq €541k ▲15.7%
2 profitable years in a row build equity to €541k.
Show earlier events
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 acts for this company are 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, Knokke-Heist · 1 establishment unit since 1990
Ground area
286 m²
Building footprint
323 m²
Volume, LiDAR
4,812 m³
Parcel 31013A0539/00_000, Flanders · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
IL TRIONFO
since 19902.049.870.811
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013A0539/00_000 | Flanders | 286 m² | 1 · 323 m² | 18.9 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKnokke-Heist2.049.870.811
Similar companies · same sector, comparable size
PEKING GARDEN
BE 0432.116.093
Halle · Eq €513,522
ARDELIS
BE 0428.192.642
Grimbergen · Eq €513,241
RESTO VITAL
BE 0458.418.436
Aarschot · Eq €513,618
Yip's Place
BE 0655.926.767
Zonhoven · Eq €512,791
TER BEUKE
BE 0457.678.959
Diepenbeek · Eq €514,389
Of 20,501 companies in sector 56111 we hold annual accounts for 11,452. 6,212 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-07-1990
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.