NLPF
ActiveSummary
NLPF has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €220k and a net result of €4k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 50% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-2
Solvency55=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.33 against 3.16 in 2024; short-term debt: 4.8% and cash: 10.6% of total assets), but 70.4% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
29.6%
Return on assets
0.5%
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 02-07-2026, 29 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
29 d early
2024
6 d early
2023
43 d early
2022
31 d early
2021
3 d early
2020
31 d late
2019
49 d late
← 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
€220k▲ 1.8%
2024 · €216k
Total assets
€743k▲ 1.9%
2024 · €729k
Net result
€4k▼ 74.0%
2024 · €15k
Working capital
€47k▼ 25.3%
2024 · €63k
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€14k▲ 61.2%€20k▲ 43.2%€21k▲ 2.1%€24k▲ 14.6%€13k▼ 44.6%
Net result€4k€11k▲ 156%€12k▲ 8.1%€15k▲ 30.0%€4k▼ 74.0%
Equity€179k▲ 2.4%€189k▲ 6.0%€201k▲ 6.1%€216k▲ 7.5%€220k▲ 1.8%
Total assets€781k▼ 4.8%€759k▼ 2.7%€743k▼ 2.2%€729k▼ 1.8%€743k▲ 1.9%
Debt€602k▼ 6.8%€570k▼ 5.3%€542k▼ 5.0%€513k▼ 5.3%€523k▲ 2.0%
Working capital€4k€24k▲ 468%€42k▲ 76.2%€63k▲ 50.9%€47k▼ 25.3%
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 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €743k
Fixed assets
€660k ▲ 3.8%
Current assets
€83k ▼ 10.7%
Equity and liabilities €743k
Equity
€220k ▲ 1.8%
Debt
€523k ▲ 2.0%
Debt's share of the balance-sheet total stays at 70.4%.
Key figures and ratios
EBITDA
€56k▼
2024 · €59k
Cash flow
€47k▼
2024 · €51k
Current ratio
2.33▼
2024 · 3.16
Debt to equity
2.38▲
2024 · 2.37
ROE
1.8%▼
2024 · 7.0%
ROA
0.5%▼
2024 · 2.1%
Interest coverage
6.15▼
2024 · 6.91
Debt ≤ 1 year
€36k▲
2024 · €29k
Debt > 1 year
€485k▲
2024 · €481k
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37k | €36k | €35k | €35k | €43k | ▲ 22.1% |
| Other operating charges640/8 | €977 | €5k | €5k | €5k | €5k | ▲ 4.5% |
| Non-recurring operating charges66A | €350 | - | - | - | - | - |
| Gross operating margin9900 | €52k | €61k | €61k | €64k | €62k | ▼ 3.9% |
| Operating profit (loss)9901 | €14k | €20k | €21k | €24k | €13k | ▼ 44.6% |
| Financial charges65/66B | €10k | €9k | €9k | €9k | €9k | ▲ 7.1% |
| Recurring financial charges65 | €10k | €9k | €9k | €9k | €9k | ▲ 7.1% |
| Profit (loss) for the period before taxes9903 | €4k | €11k | €12k | €15k | €4k | ▼ 74.0% |
| Profit (loss) for the period9904 | €4k | €11k | €12k | €15k | €4k | ▼ 74.0% |
| Profit (loss) for the period to be appropriated9905 | €4k | €11k | €12k | €15k | €4k | ▼ 74.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €781k | €759k | €743k | €729k | €743k | ▲ 1.9% |
| Fixed assets21/28 | €743k | €707k | €671k | €636k | €660k | ▲ 3.8% |
| Tangible fixed assets22/27 | €743k | €707k | €671k | €636k | €660k | ▲ 3.8% |
| Land and buildings22 | €743k | €707k | €671k | €636k | €660k | ▲ 3.8% |
| Current assets29/58 | €38k | €52k | €71k | €93k | €83k | ▼ 10.7% |
| Amounts receivable within one year40/41 | €2k | €2k | €2k | €2k | €2k | ▼ 3.0% |
| Trade receivables40 | €2k | €2k | €2k | €2k | €2k | ▼ 3.0% |
| Other amounts receivable41 | €166 | €4 | €79 | €15 | €15 | = |
| Cash at bank and in hand54/58 | €34k | €49k | €68k | €89k | €79k | ▼ 11.2% |
| Deferred charges and accrued income490/1 | €1k | €2k | €2k | €2k | €2k | ▲ 2.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €781k | €759k | €743k | €729k | €743k | ▲ 1.9% |
| Equity10/15 | €179k | €189k | €201k | €216k | €220k | ▲ 1.8% |
| Contributions10/11 | €250k | €250k | €250k | €250k | €250k | = |
| Profit (loss) carried forward14 | €-71k | €-61k | €-49k | €-34k | €-30k | ▲ 11.5% |
| Amounts payable17/49 | €602k | €570k | €542k | €513k | €523k | ▲ 2.0% |
| Amounts payable after more than one year17 | €568k | €540k | €511k | €481k | €485k | ▲ 0.8% |
| Financial debts170/4 | €568k | €540k | €511k | €481k | €485k | ▲ 0.8% |
| Amounts payable within one year42/48 | €33k | €29k | €29k | €29k | €36k | ▲ 20.7% |
| Current portion of amounts payable after more than one year42 | €28k | €29k | €29k | €29k | €33k | ▲ 13.7% |
| Trade debts44 | - | - | - | - | €2k | - |
| Suppliers440/4 | - | - | - | - | €2k | - |
| Taxes, remuneration and social security45 | €5k | - | - | - | - | - |
| Taxes450/3 | €5k | - | - | - | - | - |
| Other amounts payable47/48 | - | €4 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €2k | €2k | €2k | €2k | ▲ 2.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €11k | €12k | €15k | €4k | ▼ 74.0% |
| + Depreciation and write-downs630 | €37k | €36k | €35k | €35k | €43k | ▲ 22.1% |
| Operating cash flow (approximation) | €41k | €47k | €47k | €51k | €47k | ▼ 6.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-67k | - |
| Change in cash | - | €15k | €19k | €21k | €-10k | ▼ 147% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €15k ▲30%
Operating result €24k, net result €15k, both a record.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €201k ▲6.1%
3 profitable years in a row build equity to €201k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
31-12
Financial
Weakest financial yearnet €-70k
Net result drops to €-70k, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
3 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, Mouscron · 1 establishment unit since 2017
Ground area
1,485 m²
Building footprint
163 m²
Parcel 54436A0468/00D000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
NLPF
since 20172.261.397.919
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54436A0468/00D000 | Wallonia | 1,485 m² | 1 · 163 m² | - |
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.
Similar companies · same sector, comparable size
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MMSTREET
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Of 12,041 companies in sector 68203 we hold annual accounts for 5,989. 4,298 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
Founded30-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.