Lupumed
ActiveSummary
Lupumed has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €482k and a net result of €85k. Equity is growing by ~56.3% per year across the filed fiscal years. Its solvency ranks better than 48% of 9038 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▼-22
Solvency67▼-14
Growth78=
Track record94
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.9 in 2023; short-term debt: 57.8% and cash: 26.9% of total assets), and 57.8% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 17-06-2025, 44 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
20 d early
2022
30 d late
2021
19 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€482k▼ 31.4%
2023 · €704k
2021: €12k
2022: €377k
2023: €704k
2021 → 2024
Total assets
€1.14M▼ 9.0%
2023 · €1.26M
2021: €169k
2022: €2.22M
2023: €1.26M
2021 → 2024
Net result
€85k▼ 74.0%
2023 · €327k
2021: €7k
2022: €364k
2023: €327k
2021 → 2024
Working capital
€280k▼ 44.0%
2023 · €499k
2021: €11k
2022: €171k
2023: €499k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€12k-€377k▲ 2,939%€704k▲ 86.8%€482k▼ 31.4%
Operating result€10k-€492k▲ 4,716%€432k▼ 12.2%€109k▼ 74.8%
Net result€7k-€364k▲ 4,828%€327k▼ 10.2%€85k▼ 74.0%
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 has fallen two years in a row; 2024 is 75% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.14M
Fixed assets
€203k ▼ 0.6%
Current assets
€939k ▼ 10.6%
Equity and liabilities €1.14M
Equity
€482k ▼ 31.4%
Debt
€660k ▲ 19.6%
Debt's share of the balance-sheet total rises from 44.0% to 57.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€110k▼
2023 · €433k
Cash flow
€86k▼
2023 · €328k
Current ratio
1.42▼
2023 · 1.90
Quick ratio
1.39▼
2023 · 1.90
Debt to equity
1.37▲
2023 · 0.78
ROE
17.6%▼
2023 · 46.5%
ROA
7.4%▼
2023 · 26.0%
Interest coverage
293.82▼
2023 · 530.80
Debt ≤ 1 year
€660k▲
2023 · €552k
Income taxes
€24k▼
2023 · €104k
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 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.26M€1.14M▼
Fixed assets21/28€204k€203k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€765€503▼
Financial fixed assets28€200k€200k=
Current assets29/58€1.05M€939k▼
Stocks and contracts in progress3€0€20k▲
Stocks30/36€0€20k▲
Amounts receivable within one year40/41€800k€611k▼
Trade receivables40€626k€438k▼
Other amounts receivable41€175k€173k▼
Cash at bank and in hand54/58€250k€307k▲
Deferred charges and accrued income490/1€938€750▼
Equity and liabilities
Total equity and liabilities10/49€1.26M€1.14M▼
Equity10/15€704k€482k▼
Contributions10/11€5k€5k=
Reserves13€699k€477k▼
Distributable reserves133€699k€477k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€552k€660k▲
Amounts payable within one year42/48€552k€660k▲
Trade debts44€551k€542k▼
Suppliers440/4€551k€542k▼
Taxes, remuneration and social security45€534€0▼
Taxes450/3€534€0▼
Other amounts payable47/48€582€118k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€516€1k▲
Gross operating margin9900€433k€111k▼
Operating profit (loss)9901€432k€109k▼
Financial income75/76B€0€207▲
Recurring financial income75€0€207▲
Financial charges65/66B€816€375▼
Recurring financial charges65€816€375▼
Profit (loss) for the period before taxes9903€431k€109k▼
Income taxes67/77€104k€24k▼
Profit (loss) for the period9904€327k€85k▼
Profit (loss) for the period to be appropriated9905€327k€85k▼
Appropriation of the result
Profit (loss) to be appropriated9906€327k€85k▼
Transfer from equity791/2-€221k
Transfer to equity691/2€327k€0▼
To other reserves6921€327k€0▼
Profit to be distributed694/7-€306k
Return on contributions (dividend)694-€306k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500kEq €704k ▲86.8%
3 profitable years in a row build equity to €704k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2021net €364k ▲4828%
Operating result €492k, net result €364k, both a record.
31-12
Financial
Equity above €200kEq €377k ▲2939%
2 profitable years in a row build equity to €377k.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2021
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.
Varendrieskouter 1539031 GentGround area
721 m²
Building footprint
216 m²
Parcel 44017C0990/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
Lupumed
since 20212.312.190.483
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017C0990/00E000 | Flanders | 721 m² | 1 · 216 m² | - |
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
REVATIS VET
BE 1015.868.627
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OXYPOINT
BE 0832.604.943
Niel · Eq €481,739
LAERDAL BENELUX
BE 0445.814.770
Vilvoorde · Eq €481,676
UPLIFTED
BE 0769.573.452
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AlphaCare
BE 0639.991.647
Grez-Doiceau · Eq €485,934
Of 1,898 companies in sector 46460 we hold annual accounts for 1,116. 768 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
Founded13-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46460Wholesale of pharmaceutical and medical goods
46450Wholesale of perfume and cosmetics
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.