KOEN LIPPENS
ActiveKOEN LIPPENS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €527k and a net result of €51k. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 89% of 1887 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 6.15 against 5.87 in 2024; short-term debt: 12.5% and cash: 62.2% of total assets), and 13.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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
86.9%
Return on assets
8.4%
Age of the figures
9 mo
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
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
21 d early
2023
27 d early
2022
17 d early
2021
34 d early
2020
30 d early
2019
on the day
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€527k▲ 7.4%
2024 · €490k
2018: €392k
2019: €407k
2020: €415k
2021: €416k
2022: €489k
2023: €476k
2024: €490k
2018 → 2025
Total assets
€606k▲ 7.1%
2024 · €566k
2018: €453k
2019: €450k
2020: €562k
2021: €537k
2022: €772k
2023: €648k
2024: €566k
2018 → 2025
Net result
€51k▲ 62.8%
2024 · €31k
2018: €17k
2019: €15k
2020: €8k
2021: €511
2022: €97k
2023: €37k
2024: €31k
2018 → 2025
Working capital
€391k▲ 6.2%
2024 · €368k
2018: €359k
2019: €362k
2020: €374k
2021: €314k
2022: €271k
2023: €305k
2024: €368k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€416k-€489k▲ 17.5%€476k▼ 2.6%€490k▲ 3.0%€527k▲ 7.4%
Operating result€13k-€131k▲ 940%€53k▼ 59.7%€47k▼ 11.3%€75k▲ 61.3%
Net result€511-€97k▲ 18,991%€37k▼ 62.2%€31k▼ 15.4%€51k▲ 62.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 61% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €606k
Fixed assets
€139k▲ 13.9%
Current assets
€467k▲ 5.2%
Equity and liabilities €606k
Equity
€527k▲ 7.4%
Debt
€80k▲ 5.2%
The debt ratio falls from 13.4% to 13.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€131k▲
2024 · €101k
Cash flow
€106k▲
2024 · €86k
Solvency
86.9%▲
2024 · 86.6%
Current ratio
6.15▲
2024 · 5.87
Quick ratio
6.15▲
2024 · 5.87
Debt / equity
0.15▼
2024 · 0.15
ROE
9.6%▲
2024 · 6.4%
ROA
8.4%▲
2024 · 5.5%
Interest coverage
1164.20▼
2024 · 2584.09
Debt
€80k▲
2024 · €76k
Debt ≤ 1 year
€76k▲
2024 · €76k
Income taxes
€24k▲
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€566k€606k▲
Fixed assets21/28€122k€139k▲
Tangible fixed assets22/27€122k€139k▲
Plant, machinery and equipment23€116k€73k▼
Furniture and vehicles24€7k€66k▲
Current assets29/58€444k€467k▲
Amounts receivable within one year40/41€103k€45k▼
Trade receivables40€71k€45k▼
Other amounts receivable41€32k€0▼
Cash at bank and in hand54/58€337k€377k▲
Deferred charges and accrued income490/1€4k€45k▲
Equity and liabilities
Total equity and liabilities10/49€566k€606k▲
Equity10/15€490k€527k▲
Contributions10/11€12k€12k=
Reserves13€478k€514k▲
Distributable reserves133€478k€514k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€76k€80k▲
Amounts payable within one year42/48€76k€76k▲
Trade debts44€22k€62k▲
Suppliers440/4€22k€62k▲
Taxes, remuneration and social security45€496€9k▲
Taxes450/3€496€9k▲
Other amounts payable47/48€53k€5k▼
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€56k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€102k€134k▲
Operating profit (loss)9901€47k€75k▲
Financial income75/76B€30€36▲
Recurring financial income75€30€36▲
Financial charges65/66B€39€113▲
Recurring financial charges65€39€113▲
Profit (loss) for the period before taxes9903€47k€75k▲
Income taxes67/77€16k€24k▲
Profit (loss) for the period9904€31k€51k▲
Profit (loss) for the period to be appropriated9905€31k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€51k▲
Transfer from equity791/2€17k€15k▼
Transfer to equity691/2€31k€51k▲
To other reserves6921€31k€51k▲
Profit to be distributed694/7€17k€15k▼
Return on contributions (dividend)694€17k€15k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €500kEq €527k ▲7.4%
8 profitable years in a row build equity to €527k.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 5.87
Current ratio from 2.77 to 5.87; short-term debt falls from €172k to €76k.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €97k ▲18991%
Operating result €131k, net result €97k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €511 ▼93.9%
Net result drops to €511, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
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.
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, Evergem · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wittemoer 89940 EvergemGround area
1,212 m²
Building footprint
181 m²
Volume, LiDAR
934 m³
Parcel 44066D2334/00C000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wittemoer 8, 9940 Evergem
since 20102.197.191.837
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44066D2334/00C000 | Flanders | 1,212 m² | 1 · 181 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 144 EUR awarded · 144 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 144 EUR | 144 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 1,541 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2010
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
33120Repair and maintenance of machinery
38210Materials recovery from waste
38213Waste collection, recovery and disposal activities
77221Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.