Checked.be
Active
BE 0893.109.385Public limited company
lyptus
Venelle Notre-Dame des Champs 43 ·1300 Wavre, Belgium· 18 yrs active
Sector: Joinery installation
(43320)
Conclusion
lyptus has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.26M and a net result of €895k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 94% of 7505 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €1.26M |
| Net result | €895k |
| Better than sector | 94% |
| Active | 18 yrs |
Financial profile
96
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
100
Profitability
100
Solvency
100
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2007, 18 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
100
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€130k
estimate, not credit advice
Score history
85
2019
55
2022
40
2023
23
2024
100
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 4.82 (≥ 1.5)
+10
Quick ratio
Quick ratio 4.82 (≥ 1.0)
+5
Leverage
Debt/equity 0.12 (< 1.0)
+10
Profitability
ROE 71% (≥ 10%)
+10
Interest coverage
Interest coverage 46.5× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 26-08-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~5.9%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 88.9% | 44.0% | |
| Net result | €895k | €29k | |
| Equity | €1.26M | €274k | |
| Gross operating margin | €1.37M | €272k | |
| Total assets | €1.42M | €739k |
€1.33M
+5037.9%
19-25
€895k
-
19-25
€930k
+12318.0%
19-25
€1.42M
+57.4%
19-25
€1.26M
+246.3%
19-25
€559k
-
19-25
€62
-
19-25
€373k
+1259.4%
19-25
€157k
-70.7%
19-25
€146k
+27.2%
19-25
€11k
-97.4%
19-25
4.82
+704.5%
19-25
4.82
+704.5%
19-25
88.9%
+120.0%
19-25
0.12
-91.5%
19-25
71.1%
-
19-25
63.2%
-
19-25
46.48
+3206.6%
19-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2019 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €1.33M | €26k | €16k | €-12k | €129k |
| Net profit | €895k | €-41k | €-49k | €-41k | €289k |
| Cash flow | €930k | €7k | €-4k | €-17k | €304k |
| Staff costs | - | - | €62 | - | - |
| Income taxes | €373k | - | - | - | €27k |
| Dividends | - | - | - | - | - |
| Total assets | €1.42M | €900k | €947k | €855k | €392k |
| Equity | €1.26M | €364k | €404k | €454k | €351k |
| Debt | €157k | €536k | €542k | €401k | €41k |
| of which ≤ 1y | €146k | €115k | €64k | €15k | €16k |
| of which > 1y | €11k | €421k | €478k | €386k | €25k |
| Working capital | €559k | €-46k | €8k | €224k | €328k |
| Employees (FTE) | - | - | - | - | - |
Note: these years are not on the same basis. The filed schemas differ (abbreviated schema, full schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2019 | |
|---|---|---|---|---|---|
| Current ratio | 4.82 | 0.60 | 1.12 | 16.15 | 21.45 |
| Quick ratio | 4.82 | 0.60 | 1.12 | 16.15 | 21.45 |
| Working capital ratio | 39.5% | -5.1% | 0.8% | 26.2% | 83.6% |
| Solvency | 88.9% | 40.4% | 42.7% | 53.1% | 89.5% |
| Debt / equity | 0.12 | 1.47 | 1.34 | 0.88 | 0.07 |
| Long-term debt ratio | 0.01 | 1.16 | 1.18 | 0.85 | 0.07 |
| Interest coverage | 46.48 | 1.41 | 0.81 | -2.18 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 63.2% | -4.5% | -5.2% | -4.8% | 73.6% |
| ROE | 71.1% | -11.3% | -12.2% | -9.0% | 82.3% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2019 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.42M | €900k | €947k | €855k | €392k |
| Fixed assets | 21/28 | €710k | €831k | €875k | €616k | €48k |
| Tangible fixed assets | 22/27 | €710k | €830k | €874k | €615k | €48k |
| Financial fixed assets | 28 | €353 | €353 | €353 | €353 | €353 |
| Current assets | 29/58 | €706k | €69k | €72k | €239k | €344k |
| Amounts receivable within one year | 40/41 | €78k | €26k | €46k | €39k | €38k |
| Investments | 50/53 | - | €10k | €10k | €10k | €10k |
| Cash & bank | 54/58 | €626k | €30k | €11k | €187k | €293k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.42M | €900k | €947k | €855k | €392k |
| Equity | 10/15 | €1.26M | €364k | €404k | €454k | €351k |
| Contributions / capital | 10/11 | €109k | €109k | €109k | €109k | €62k |
| Reserves | 13 | €900k | €5k | €5k | €5k | - |
| Accumulated profits (losses) | 14 | €250k | €249k | €290k | €339k | €289k |
| Amounts payable | 17/49 | €157k | €536k | €542k | €401k | €41k |
| Amounts payable after one year | 17 | €11k | €421k | €478k | €386k | €25k |
| Amounts payable within one year | 42/48 | €146k | €115k | €64k | €15k | €16k |
| Trade debts payable within one year | 44 | €13k | €4k | €8k | €1k | €3k |
| Income statement | ||||||
| Gross operating margin | 9900 | €1.37M | €35k | €26k | €-4k | €131k |
| Operating result | 9901 | €1.30M | €-23k | €-29k | €-35k | €113k |
| Financial income | 75 | €5 | €13 | €20 | €48 | €1 |
| Financial charges | 65 | €29k | €18k | €20k | €5k | €474 |
| Result before taxes | 9903 | €1.27M | €-41k | €-49k | €-41k | €113k |
| Income taxes | 67/77 | €373k | - | - | - | €27k |
| Net result for the period | 9904 | €895k | €-41k | €-49k | €-41k | €85k |
| Result to be appropriated | 9905 | €895k | €-41k | €-49k | €-41k | €85k |
Legal Structure
| NACE primary | Joinery installation(43320) |
| Legal form | Public limited company(014) |
| Incorporation | 04-10-2007 |
| Status | Active |
| Postal code | 1300 |
Establishment units
LYPTUS
since 20072.177.192.714
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772I0311/00A000 | Wallonia | 2,162 m² | 1 · 113 m² | 6.7 m · 2 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Back to profitnet €895k
Net result €895k after 3 loss-making years.
31-12
Financial
Liquidity times 8current ratio 4.82
Current ratio from 0.60 to 4.82.
31-12
Financial
Equity above €1MEq €1.26M ▲246%
Equity rises from €364k to €1.26M.
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-49k
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
02012Joinery installation43320Logging02200
Names & trade names
| Legal nameFR | lyptus |
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