LUPUS
ActiveSummary
LUPUS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €259k and a net result of €18k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 8.65 against 19.25 in 2024; short-term debt: 11% and cash: 65.6% of total assets), and 11% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer 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
89%
Return on assets
6.3%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
1 d early
2021
20 d early
2020
32 d early
2019
15 d early
← 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, micro schema
Equity
€259k▲ 1.2%
2024 · €256k
2018: €188k
2019: €183k▼ -2.5% vs 2018lowest in 8 years
2020: €187k▲ +2.1% vs 2019
2021: €205k▲ +9.6% vs 2020
2022: €204k▼ -0.5% vs 2021
2023: €224k▲ +10.1% vs 2022
2024: €256k▲ +14.2% vs 2023
2025: €259k▲ +1.2% vs 2024highest in 8 years
2018 → 2025
Total assets
€291k▲ 7.7%
2024 · €270k
2018: €193klowest in 8 years
2019: €196k▲ +1.6% vs 2018
2020: €199k▲ +1.8% vs 2019
2021: €213k▲ +7.0% vs 2020
2022: €214k▲ +0.6% vs 2021
2023: €239k▲ +11.2% vs 2022
2024: €270k▲ +13.2% vs 2023
2025: €291k▲ +7.7% vs 2024highest in 8 years
2018 → 2025
Net result
€18k▼ 42.4%
2024 · €32k
2018: €6k
2019: €10k▲ +76.5% vs 2018
2020: €4k▼ -61.3% vs 2019lowest in 8 years
2021: €18k▲ +370% vs 2020
2022: €16k▼ -8.6% vs 2021
2023: €22k▲ +35.7% vs 2022
2024: €32k▲ +42.8% vs 2023highest in 8 years
2025: €18k▼ -42.4% vs 2024
2018 → 2025
Working capital
€244k▼ 4.7%
2024 · €256k
2018: €182k
2019: €179k▼ -1.3% vs 2018lowest in 8 years
2020: €184k▲ +2.9% vs 2019
2021: €204k▲ +10.5% vs 2020
2022: €204k▼ -0.1% vs 2021
2023: €224k▲ +10.1% vs 2022
2024: €256k▲ +14.2% vs 2023highest in 8 years
2025: €244k▼ -4.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€205k-€204k▼ 0.5%€224k▲ 10.1%€256k▲ 14.2%€259k▲ 1.2%
2021: €205k
2022: €204k▼ -0.5% vs 2021lowest in 5 years
2023: €224k▲ +10.1% vs 2022
2024: €256k▲ +14.2% vs 2023
2025: €259k▲ +1.2% vs 2024highest in 5 years
Operating result€26k-€25k▼ 6.4%€32k▲ 30.7%€49k▲ 52.0%€27k▼ 45.4%
2021: €26k
2022: €25k▼ -6.4% vs 2021lowest in 5 years
2023: €32k▲ +30.7% vs 2022
2024: €49k▲ +52.0% vs 2023highest in 5 years
2025: €27k▼ -45.4% vs 2024
Net result€18k-€16k▼ 8.6%€22k▲ 35.7%€32k▲ 42.8%€18k▼ 42.4%
2021: €18k
2022: €16k▼ -8.6% vs 2021lowest in 5 years
2023: €22k▲ +35.7% vs 2022
2024: €32k▲ +42.8% vs 2023highest in 5 years
2025: €18k▼ -42.4% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 45% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €291k
Fixed assets
€15k ▲ 30,412%
Current assets
€276k ▲ 2.1%
Equity and liabilities €291k
Equity
€259k ▲ 1.2%
Debt
€32k ▲ 127%
Debt's share of the balance-sheet total rises from 5.2% to 11.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€30k
Cash flow
€22k
Current ratio
8.65▼
2024 · 19.25
Debt to equity
0.12▲
2024 · 0.05
ROE
7.1%▼
2024 · 12.5%
ROA
6.3%▼
2024 · 11.8%
Interest coverage
62.08
Debt ≤ 1 year
€32k▲
2024 · €14k
Income taxes
€9k▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€270k€291k▲
Fixed assets21/28€50€15k▲
Tangible fixed assets22/27-€15k
Plant, machinery and equipment23-€935
Furniture and vehicles24-€14k
Financial fixed assets28€50€50=
Current assets29/58€270k€276k▲
Amounts receivable within one year40/41€35k€20k▼
Trade receivables40€35k€16k▼
Other amounts receivable41€33€4k▲
Current investments50/53€51k€60k▲
Cash at bank and in hand54/58€180k€191k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€270k€291k▲
Equity10/15€256k€259k▲
Contributions10/11€20k€20k=
Reserves13€110k€113k▲
Distributable reserves133€110k€113k▲
Profit (loss) carried forward14€126k€126k=
Amounts payable17/49€14k€32k▲
Amounts payable within one year42/48€14k€32k▲
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€11k€14k▲
Taxes450/3€11k€14k▲
Other amounts payable47/48€0€15k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3k
Other operating charges640/8€2k€2k▲
Gross operating margin9900€50k€32k▼
Operating profit (loss)9901€49k€27k▼
Financial income75/76B€240€1k▲
Recurring financial income75€240€1k▲
Financial charges65/66B€275€484▲
Recurring financial charges65€275€484▲
Profit (loss) for the period before taxes9903€49k€27k▼
Income taxes67/77€17k€9k▼
Profit (loss) for the period9904€32k€18k▼
Profit (loss) for the period to be appropriated9905€32k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€158k€145k▼
Profit (loss) brought forward from the previous period14P€126k€126k=
Transfer from equity791/2€0€15k▲
Transfer to equity691/2€32k€18k▼
To other reserves6921€32k€18k▼
Profit to be distributed694/7€0€15k▲
Return on contributions (dividend)694€0€15k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €833 | €0 | - | €3k | - |
| Other operating charges640/8 | €2k | €1k | €2k | €2k | €2k | ▲ 16.0% |
| Gross operating margin9900 | €29k | €27k | €34k | €50k | €32k | ▼ 36.9% |
| Operating profit (loss)9901 | €26k | €25k | €32k | €49k | €27k | ▼ 45.4% |
| Financial income75/76B | €0 | €20 | €341 | €240 | €1k | ▲ 369% |
| Recurring financial income75 | €0 | €20 | €341 | €240 | €1k | ▲ 369% |
| Financial charges65/66B | €311 | €465 | €226 | €275 | €484 | ▲ 76.0% |
| Recurring financial charges65 | €311 | €465 | €226 | €275 | €484 | ▲ 76.0% |
| Profit (loss) for the period before taxes9903 | €26k | €24k | €32k | €49k | €27k | ▼ 44.0% |
| Income taxes67/77 | €8k | €8k | €10k | €17k | €9k | ▼ 47.0% |
| Profit (loss) for the period9904 | €18k | €16k | €22k | €32k | €18k | ▼ 42.4% |
| Profit (loss) for the period to be appropriated9905 | €18k | €16k | €22k | €32k | €18k | ▼ 42.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €213k | €214k | €239k | €270k | €291k | ▲ 7.7% |
| Fixed assets21/28 | €882 | €50 | €50 | €50 | €15k | ▲ 30,412% |
| Tangible fixed assets22/27 | €833 | €0 | - | - | €15k | - |
| Plant, machinery and equipment23 | €0 | - | - | - | €935 | - |
| Furniture and vehicles24 | €833 | €0 | - | - | €14k | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €212k | €214k | €239k | €270k | €276k | ▲ 2.1% |
| Amounts receivable within one year40/41 | €19k | €15k | €27k | €35k | €20k | ▼ 43.3% |
| Trade receivables40 | €14k | €14k | €27k | €35k | €16k | ▼ 55.2% |
| Other amounts receivable41 | €4k | €880 | €99 | €33 | €4k | ▲ 12,506% |
| Current investments50/53 | €29k | €34k | €34k | €51k | €60k | ▲ 18.3% |
| Cash at bank and in hand54/58 | €162k | €163k | €173k | €180k | €191k | ▲ 5.9% |
| Deferred charges and accrued income490/1 | €2k | €2k | €4k | €4k | €5k | ▲ 28.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €213k | €214k | €239k | €270k | €291k | ▲ 7.7% |
| Equity10/15 | €205k | €204k | €224k | €256k | €259k | ▲ 1.2% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €59k | €57k | €78k | €110k | €113k | ▲ 2.7% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €57k | €55k | €78k | €110k | €113k | ▲ 2.7% |
| Profit (loss) carried forward14 | €126k | €126k | €126k | €126k | €126k | = |
| Amounts payable17/49 | €9k | €11k | €14k | €14k | €32k | ▲ 127% |
| Amounts payable within one year42/48 | €9k | €11k | €14k | €14k | €32k | ▲ 127% |
| Trade debts44 | €2k | €891 | €4k | €3k | €3k | ▲ 8.0% |
| Suppliers440/4 | €2k | €891 | €4k | €3k | €3k | ▲ 8.0% |
| Advances received on contracts in progress46 | €0 | €177 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €6k | €9k | €10k | €11k | €14k | ▲ 27.0% |
| Taxes450/3 | €6k | €9k | €10k | €11k | €14k | ▲ 27.0% |
| Other amounts payable47/48 | €42 | €236 | €177 | €0 | €15k | - |
| Accrued charges and deferred income492/3 | - | - | €59 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €16k | €22k | €32k | €18k | ▼ 42.4% |
| + Depreciation and write-downs630 | €1k | €833 | €0 | - | €3k | - |
| Operating cash flow (approximation) | €19k | €17k | €22k | €32k | €22k | ▼ 32.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-18k | - |
| Change in cash | - | €753 | €10k | €7k | €11k | ▲ 48.0% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €32k ▲42.8%
Operating result €49k, net result €32k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €205k ▲9.6%
4 profitable years in a row build equity to €205k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €4k ▼61.3%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1996
Ground area
786 m²
Building footprint
165 m²
Volume, LiDAR
1,143 m³
Parcel 46001A0128/00M003, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BINA
since 19962.076.462.766
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46001A0128/00M003 | Flanders | 786 m² | 1 · 165 m² | 11.0 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.
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,511. 2,345 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
Founded16-04-1996
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.