Equity
Ward Lyppens has made a profit in every financial year since 2014.
Ward Lyppens has made a profit in every financial year since 2014.
The micro format states no turnover.
In 2025, 11 people joined and 11 left.
The last five annual accounts were filed 1 to 4 days before the end of the period.
Higher net result than 95% of companies in building services and landscaping. Sector median €9,343 · 5,724 companies.
Flemish support, mostly Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel).
The dashed line is the sector median: 0.9% across 7,709 companies (NACE 81, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro). It does better than 92% of them on solvency, 97% on liquidity, 78% on profitability and 66% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 34,693 companies had the same profile as Ward Lyppens has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of Ward Lyppens itself: < 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for Ward Lyppens. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 9.02 (7.64 in 2024), above the usual 1.5. Short-term debt is 10.4% and cash 84.4% of total assets. 10.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Ward Lyppens Lievegem | €538,769 | €317,209 | 89.6% | - |
| GROEN EN GRIJS Sint-Niklaas | €590,184 | €326,662 | 8.4% | - |
| Garden Projects Bruges | €501,178 | €289,848 | 34.8% | - |
| PROGREEN Gembloux | €499,464 | €324,600 | 29.1% | - |
| TUINAANLEG DRIESEN Bilzen-Hoeselt | €558,346 | €282,534 | 23.2% | - |
| JORIS BLANCQUAERT Halle | €492,195 | €279,362 | 20.5% | - |
| CLAES Tuinen Aarschot | €566,136 | €317,764 | 3.8% | - |
These companies have the same main activity as Ward Lyppens: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €492,000 and €590,000, founded between 2011 and 2015.
Ward Lyppens files the micro format. That format states no turnover. The gross margin rose from €92,878 in 2014 to €317,209 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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