LIPIC
ActiveLIPIC has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-39k) and a net result of €-36k. Equity is shrinking by ~38.2% per year across the filed fiscal years. Its solvency ranks better than 14% of 9114 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66=
Solvency23▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.43 against 5.23 in 2024; short-term debt: 1.8% and cash: 5.8% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Nine 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
Sector 68
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-2.4%
Return on assets
-2.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-39k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
1 d early
2023
8 d early
2022
on the day
2021
11 d late
2020
18 d late
2019
38 d late
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-39k▼ 1,515%
2024 · €-2k
2018: €252k
2019: €169k
2020: €147k
2021: €114k
2022: €84k
2023: €36k
2024: €-2k
2018 → 2025
Total assets
€1.60M▲ 3.0%
2024 · €1.56M
2018: €746k
2019: €1.21M
2020: €1.26M
2021: €1.34M
2022: €1.44M
2023: €1.53M
2024: €1.56M
2018 → 2025
Net result
€-36k▲ 6.4%
2024 · €-39k
2018: €3k
2019: €-83k
2020: €-23k
2021: €-33k
2022: €-30k
2023: €-48k
2024: €-39k
2018 → 2025
Working capital
€69k▼ 24.5%
2024 · €91k
2018: €22k
2019: €43k
2020: €62k
2021: €109k
2022: €36k
2023: €52k
2024: €91k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€114k-€84k▼ 26.6%€36k▼ 56.6%€-2k€-39k▼ 1,515%
Operating result€-31k-€-30k▲ 4.7%€-45k▼ 50.4%€-32k▲ 27.5%€-29k▲ 10.9%
Net result€-33k-€-30k▲ 6.4%€-48k▼ 55.9%€-39k▲ 18.4%€-36k▲ 6.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29k in 2025 against €32k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.60M
Fixed assets
€1.51M▲ 4.3%
Current assets
€97k▼ 13.9%
Key figures and ratios
EBITDA
€56k▲
2024 · €53k
Cash flow
€49k▲
2024 · €46k
Solvency
-2.4%▼
2024 · -0.2%
Current ratio
3.43▼
2024 · 5.23
Quick ratio
3.37▼
2024 · 5.15
Debt / equity
-42.44
ROA
-2.3%▲
2024 · -2.5%
Interest coverage
7.63▼
2024 · 8.75
Debt
€1.64M▲
2024 · €1.56M
Debt ≤ 1 year
€28k▲
2024 · €22k
Debt > 1 year
€1.61M▲
2024 · €1.54M
Income taxes
€21▼
2024 · €325
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€1.56M€1.60M▲
Fixed assets21/28€1.44M€1.51M▲
Tangible fixed assets22/27€1.44M€1.51M▲
Land and buildings22€1.40M€1.48M▲
Furniture and vehicles24€41k€30k▼
Current assets29/58€113k€97k▼
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€6-
Trade receivables40€6-
Cash at bank and in hand54/58€109k€93k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.56M€1.60M▲
Equity10/15€-2k€-39k▼
Contributions10/11€312k€312k=
Capital10€312k€312k=
Issued capital100€312k€312k=
Profit (loss) carried forward14€-314k€-351k▼
Amounts payable17/49€1.56M€1.64M▲
Amounts payable after more than one year17€1.54M€1.61M▲
Other amounts payable178/9€1.54M€1.61M▲
Amounts payable within one year42/48€22k€28k▲
Current portion of amounts payable after more than one year42€17k€26k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Accrued charges and deferred income492/3€3k€5k▲
Income statement
Code20242025
Non-recurring operating income76A€7-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€85k=
Other operating charges640/8€14k€16k▲
Non-recurring operating charges66A€20-
Gross operating margin9900€67k€72k▲
Operating profit (loss)9901€-32k€-29k▲
Financial income75/76B€79€71▼
Recurring financial income75€79€71▼
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€-38k€-36k▲
Income taxes67/77€325€21▼
Profit (loss) for the period9904€-39k€-36k▲
Profit (loss) for the period to be appropriated9905€-39k€-36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-314k€-351k▼
Profit (loss) brought forward from the previous period14P€-276k€-314k▼
The notes to these accounts (4 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 28.56
Current ratio from 7.71 to 28.56; short-term debt falls from €16k to €1k.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 7.71
Current ratio from 2.42 to 7.71; short-term debt falls from €44k to €16k.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
31-12
Financial
Weakest financial yearnet €-83k ▼3110%
Net result drops to €-83k, 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
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Mons · 1 establishment unit since 2006
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.
Rue à Charrettes (Jem. II) 247012 MonsGround area
5,183 m²
Building footprint
314 m²
Volume, LiDAR
1,970 m³
2 parcels, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIPIC
since 20062.158.904.947
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53027B0236/00N010 | Wallonia | 5,109 m² | 1 · 238 m² | 8.0 m · 2 fl. |
| 53302C0348/00A003 | Wallonia | 73 m² | 1 · 76 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Absint
BE 0713.515.964
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IMMO.BAT+
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VMDS
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Of 9,133 companies in sector 68201 we hold annual accounts for 6,762. 2,925 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-12-2006
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.