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LUPPO

Active
Private limited companyfounded 199432 yrs activeBaillet-Latourlei 25, 2930 Brasschaat, BelgiumKBO/BCE: BE 0453.154.504
Summary

The computed 12-month bankruptcy probability of LUPPO is 1.8% (moderate). The 2025 annual accounts show negative equity (-€98,111) and a net result of -€15,532. Equity is shrinking by ~4.1% per year across the filed fiscal years. The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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
highest failure risk from 2 to 8 years 32 years 0 40 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€98,111
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
26 d late
2024
28 d late
2023
13 d late
2022
14 d early
2021
31 d late
2020
11 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 27 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 26 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

LUPPO was incorporated on 19 July 1994.1 Total assets fell from EUR 26,073 in 2018 to EUR 4,432 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€98,111▼ 18.8%
2024 · -€82,578
Total assets
€4,432▼ 82.8%
2024 · €25,817
Net result
-€15,532▼ 235%
2024 · -€4,637
Working capital
-€1,918▼ 37.8%
2023 · -€1,391
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-€3,818▼ 94.5%-€1,560▲ 59.2%-€1,743▼ 11.7%-€4,449▼ 155%-€15,406▼ 246%
Net result-€4,151▼ 76.5%-€1,509▲ 63.6%-€2,003▼ 32.7%-€4,637▼ 131%-€15,532▼ 235%
Equity-€74,429▼ 5.9%-€75,939▼ 2.0%-€77,942▼ 2.6%-€82,578▼ 5.9%-€98,111▼ 18.8%
Total assets€26,258▼ 1.0%€26,039▼ 0.8%€25,881▼ 0.6%€25,817▼ 0.2%€4,432▼ 82.8%
Debt€100,687▲ 4.0%€101,977▲ 1.3%€103,823▲ 1.8%€108,395▲ 4.4%€102,543▼ 5.4%
Working capital-€4,922▲ 50.4%-€2,434▲ 50.5%-€1,391▲ 42.9%-€1,918▼ 37.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2021: -€3,818-€3,818Net result 2021: -€4,151-€4,151Operating result 2022: -€1,560-€1,560Net result 2022: -€1,509-€1,509Operating result 2023: -€1,743-€1,743Net result 2023: -€2,003-€2,003Operating result 2024: -€4,449-€4,449Net result 2024: -€4,637-€4,637Operating result 2025: -€15,406-€15,406Net result 2025: -€15,532-€15,53220212022202320242025-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€1,743-€1,740Net result 2023: -€2,003-€2,000Operating result 2024: -€4,449-€4,450Net result 2024: -€4,637-€4,640Operating result 2025: -€15,406-€15,400Net result 2025: -€15,532-€15,500202320242025
The operating result stays negative: a loss of €15,406 in 2025 against €4,449 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4,432
Fixed assets €4,406 ▼ 82.9%
Current assets €26 ▼ 77.0%
Key figures and ratios
2025 value · change against 2024
Debt > 1 year
€102,543▼
2024 · €106,366
Ratios withheld: a balance sheet total of €4,432 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.1% went bankrupt
9.8% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€25,817€4,432▼
Fixed assets21/28€25,705€4,406▼
Tangible fixed assets22/27€25,705€4,406▼
Plant, machinery and equipment23€80€80=
Furniture and vehicles24€25,625€4,326▼
Current assets29/58€111€26▼
Cash at bank and in hand54/58€111€26▼
Equity and liabilities
Total equity and liabilities10/49€25,817€4,432▼
Equity10/15-€82,578-€98,111▼
Contributions10/11€18,600€18,600=
Reserves13€827€827=
Distributable reserves133€827€827=
Profit (loss) carried forward14-€102,005-€117,537▼
Amounts payable17/49€108,395€102,543▼
Amounts payable after more than one year17€106,366€102,543▼
Financial debts170/4€106,366€102,543▼
Amounts payable within one year42/48€2,029-
Trade debts44€2,029-
Suppliers440/4€2,029-
Income statement Code20242025
Other operating charges640/8€1,306€120▼
Non-recurring operating charges66A-€13,299
Gross operating margin9900-€3,143-€1,987▲
Operating profit (loss)9901-€4,449-€15,406▼
Financial charges65/66B€188€126▼
Recurring financial charges65€188€126▼
Profit (loss) for the period before taxes9903-€4,637-€15,532▼
Profit (loss) for the period9904-€4,637-€15,532▼
Profit (loss) for the period to be appropriated9905-€4,637-€15,532▼
Appropriation of the result
Profit (loss) to be appropriated9906-€102,005-€117,537▼
Profit (loss) brought forward from the previous period14P-€97,368-€102,005▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€347€111€227€1,306€120▼ 90.8%
Non-recurring operating charges66A----€13,299-
Gross operating margin9900-€3,471-€1,449-€1,516-€3,143-€1,987▲ 36.8%
Operating profit (loss)9901-€3,818-€1,560-€1,743-€4,449-€15,406▼ 246%
Financial charges65/66B€333€272€260€188€126▼ 32.7%
Recurring financial charges65€333€272€260€188€126▼ 32.7%
Profit (loss) for the period before taxes9903-€4,151-€1,832-€2,003-€4,637-€15,532▼ 235%
Income taxes67/77--€323----
Profit (loss) for the period9904-€4,151-€1,509-€2,003-€4,637-€15,532▼ 235%
Profit (loss) for the period to be appropriated9905-€4,151-€1,509-€2,003-€4,637-€15,532▼ 235%
Line20212022202320242025Change
Assets
Total assets20/58€26,258€26,039€25,881€25,817€4,432▼ 82.8%
Fixed assets21/28€25,705€25,705€25,705€25,705€4,406▼ 82.9%
Tangible fixed assets22/27€25,705€25,705€25,705€25,705€4,406▼ 82.9%
Plant, machinery and equipment23€80€80€80€80€80=
Furniture and vehicles24€25,625€25,625€25,625€25,625€4,326▼ 83.1%
Current assets29/58€553€333€176€111€26▼ 77.0%
Cash at bank and in hand54/58€553€333€176€111€26▼ 77.0%
Equity and liabilities
Total equity and liabilities10/49€26,258€26,039€25,881€25,817€4,432▼ 82.8%
Equity10/15-€74,429-€75,939-€77,942-€82,578-€98,111▼ 18.8%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€827€827€827€827€827=
Non-distributable reserves130/1€827€827€827---
Reserves not available under the articles1311€827€827€827---
Distributable reserves133---€827€827=
Profit (loss) carried forward14-€93,856-€95,365-€97,368-€102,005-€117,537▼ 15.2%
Amounts payable17/49€100,687€101,977€103,823€108,395€102,543▼ 5.4%
Amounts payable after more than one year17€95,212€99,209€102,256€106,366€102,543▼ 3.6%
Financial debts170/4€95,212€99,209€102,256€106,366€102,543▼ 3.6%
Amounts payable within one year42/48€5,475€2,768€1,567€2,029--
Current portion of amounts payable after more than one year42€1,455-----
Trade debts44€3,675€2,768€1,567€2,029--
Suppliers440/4€3,675€2,768€1,567€2,029--
Taxes, remuneration and social security45€345-----
Taxes450/3€345-----
Line20212022202320242025Change
Profit (loss) for the period9904-€4,151-€1,509-€2,003-€4,637-€15,532▼ 235%
Operating cash flow (approximation)-€4,151-€1,509-€2,003-€4,637-€15,532▼ 235%
Investment in fixed assets (approximation)--€0€0€0€21,299-
Change in cash--€220-€158-€64-€86▼ 33.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial Weakest financial yearnet -€15,532
Net result drops to -€15,532, the lowest in the series.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
13-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
17-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
11-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
23-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Brasschaat · 1 establishment unit since 1994
seat establishment The establishment unit on the map
Ground area
807 m²
Building footprint
223 m²
Volume, LiDAR
1,436 m³
Parcel 11322E0393/00H004, Flanders · tallest building 14.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LUPPO
Baillet-Latourlei 25, 2930 BrasschaatNACE 52441
since 19942.068.112.056
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11322E0393/00H004 Flanders 807 m² 1 · 223 m² 14.9 m · 2 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded19-07-1994
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0453154504
Also 9925:BE0453154504
Registered 02-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.