LUPAM
ActiveSummary
LUPAM has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €215k and a net result of €16k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 91% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
95
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+3
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 9.58 against 13.39 in 2023; short-term debt: 9.1% and cash: 57.8% of total assets), and 9.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
9 d early
2022
38 d early
2021
32 d early
2020
9 d late
2019
7 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€215k▲ 7.9%
2023 · €199k
2018: €121k
2019: €145k
2020: €161k
2021: €207k
2022: €190k
2023: €199k
2018 → 2024
Total assets
€237k▲ 9.3%
2023 · €217k
2018: €132k
2019: €178k
2020: €201k
2021: €240k
2022: €210k
2023: €217k
2018 → 2024
Net result
€16k▲ 66.3%
2023 · €9k
2018: €15k
2019: €25k
2020: €16k
2021: €46k
2022: €-17k
2023: €9k
2018 → 2024
Working capital
€184k▲ 6.4%
2023 · €173k
2018: €114k
2019: €142k
2020: €162k
2021: €161k
2022: €159k
2023: €173k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€161k-€207k▲ 28.6%€190k▼ 8.4%€199k▲ 5.0%€215k▲ 7.9%
Operating result€23k-€66k▲ 187%€-16k€12k€22k▲ 95.6%
Net result€16k-€46k▲ 187%€-17k€9k€16k▲ 66.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 96% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €237k
Fixed assets
€31k ▲ 5.0%
Current assets
€206k ▲ 9.9%
Equity and liabilities €237k
Equity
€215k ▲ 7.9%
Debt
€21k ▲ 24.8%
Debt's share of the balance-sheet total rises from 8.0% to 9.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34k▲
2023 · €22k
Cash flow
€28k▲
2023 · €20k
Current ratio
9.58▼
2023 · 13.39
Quick ratio
8.91▼
2023 · 12.77
Debt to equity
0.10▲
2023 · 0.09
ROE
7.3%▲
2023 · 4.8%
ROA
6.7%▲
2023 · 4.4%
Interest coverage
105.33▲
2023 · 60.27
Debt ≤ 1 year
€21k▲
2023 · €14k
Debt > 1 year
€0▼
2023 · €2k
Income taxes
€8k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€217k€237k▲
Fixed assets21/28€29k€31k▲
Tangible fixed assets22/27€29k€31k▲
Plant, machinery and equipment23€1k€839▼
Furniture and vehicles24€28k€26k▼
Other tangible fixed assets26-€3k
Current assets29/58€187k€206k▲
Stocks and contracts in progress3€9k€14k▲
Stocks30/36€9k€14k▲
Amounts receivable within one year40/41€16k€29k▲
Trade receivables40€12k€28k▲
Other amounts receivable41€4k€1k▼
Current investments50/53€25k€25k=
Cash at bank and in hand54/58€137k€137k▼
Deferred charges and accrued income490/1€359€359=
Equity and liabilities
Total equity and liabilities10/49€217k€237k▲
Equity10/15€199k€215k▲
Contributions10/11€6k€6k=
Reserves13€193k€209k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€193k€209k▲
Amounts payable17/49€17k€21k▲
Amounts payable after more than one year17€2k€0▼
Other amounts payable178/9€2k€0▼
Amounts payable within one year42/48€14k€21k▲
Trade debts44€10k€10k▲
Suppliers440/4€10k€10k▲
Taxes, remuneration and social security45€4k€11k▲
Taxes450/3€2k€9k▲
Remuneration and social security454/9€2k€2k▲
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€25k€36k▲
Operating profit (loss)9901€12k€22k▲
Financial income75/76B€783€2k▲
Recurring financial income75€783€2k▲
Financial charges65/66B€373€327▼
Recurring financial charges65€373€327▼
Profit (loss) for the period before taxes9903€12k€24k▲
Income taxes67/77€2k€8k▲
Profit (loss) for the period9904€9k€16k▲
Profit (loss) for the period to be appropriated9905€9k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€16k▲
Transfer from equity791/2€0-
Transfer to equity691/2€9k€16k▲
To other reserves6921€9k€16k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €215k ▲7.9%
2 profitable years in a row build equity to €215k.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-17k ▼138%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 14.47
Current ratio from 6.84 to 14.47; short-term debt falls from €28k to €12k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €46k ▲187%
Operating result €66k, net result €46k, both a record.
31-12
Financial
Equity above €200kEq €207k ▲28.6%
4 profitable years in a row build equity to €207k.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Equity above €150kEq €161k ▲11.1%
3 profitable years in a row build equity to €161k.
Show earlier events
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 7 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
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, Lommel · 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.
Driehoek 453920 LommelGround area
1,921 m²
Building footprint
122 m²
Volume, LiDAR
482 m³
Parcel 72342A0406/00B002, Flanders · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LUPAM
since 20102.194.732.490
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72342A0406/00B002 | Flanders | 1,921 m² | 1 · 122 m² | 5.2 m · 1 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.
Similar companies · same sector, comparable size
BUROTECH
BE 0403.341.440
Elsene · Eq €215,169
BRO Solutions
BE 0759.964.613
Stabroek · Eq €215,205
PATRIOS
BE 0842.758.071
Gent · Eq €214,934
FORTON BRUNO
BE 0468.264.233
Evergem · Eq €215,259
K-Tech
BE 0890.177.809
Antwerpen · Eq €215,463
Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 5,069 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:peterluykx@telenet.be
Phone:0477/223029