Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
LIPPENS from Lievegem, company number BE0432361167, closed financial year 2025 with a result of € -7,906 after tax. For that financial year LIPPENS recorded a gross margin of € 38,371 and equity of € 133,687. Compared with financial year 2024, the result moved from € -13,078 to € -7,906. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 133,687
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,906
▲ 40 % less loss than in 2024
Profit after tax over the fiscal year.
€ 20,544
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 115,087.
People and assets in 2025
€ 29,406
▼ 50% vs 2024
Of which on lease € 29,183.
Debts at end 2025
€ 174,048
▼ 13% vs 2024
€ 24,048 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 86,291
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,328
▲ 5% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 44,427 | € 44,696 | € 33,987 | € 38,371 | ▲ 13% |
| Profit after taxes | € -18,963 | € -3,725 | € -13,078 | € -7,906 | ▲ € 5,172 |
| Equity | € 158,395 | € 154,670 | € 141,592 | € 133,687 | ▼ 6% |
| Total debts | € 431,837 | € 390,959 | € 312,633 | € 304,468 | ▼ 3% |
| Cash | € 9,418 | € 31,035 | € 24,207 | € 20,544 | ▼ 15% |
| Land & buildings | € 254,952 | € 245,664 | € 236,375 | € 227,087 | ▼ 4% |
| Retained profit | € 139,795 | € 136,070 | € 122,992 | € 115,087 | ▼ 6% |
| Bank debt | € 271,294 | € 225,520 | € 199,954 | € 174,048 | ▼ 13% |
| Balance sheet total | € 590,232 | € 545,629 | € 454,225 | € 438,155 | ▼ 4% |
Key figures of LIPPENS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LIPPENS?
What happened at LIPPENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,906. Source: NBB ↗
- MICHELINE DE MUYNCK became a director. NBB
- LUC LIPPENS became a director. NBB
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,963 loss in 2022 to € 7,906 loss in 2025.
Paid € 130 in corporate taxes since 2022.
Management
Behind LIPPENS are MICHELINE DE MUYNCK and LUC LIPPENS.
Directors
According to the 2025 annual accounts
MICHELINE DE MUYNCK
Director
since 2023
LUC LIPPENS
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Bilksken 2
9920 Lievegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0432.361.167
- VAT number
- BE 0432.361.167
- Registered office
- Bilksken 2, 9920 Lievegem
- Names & denominations
- LIPPENS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 November 1987
- Peppol
- Active · Active since 17 Dec 2025
- Contact
- lippensbvba.be
- Activities · NACE
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