Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LUPA from Wingene, company number BE0449353686, closed financial year 2025 with a result of € 12,226 after tax. For that financial year LUPA recorded a gross margin of € 82,020 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € -63,997 to € 12,226. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 17, 2026.
€ 1.1 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,226
▲ still € 63,997 loss in 2024
Profit after tax over the fiscal year.
€ 355
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1 million.
Debts at end 2025
€ 162,131
▼ 26% vs 2024
€ 51,385 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 20,480
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,994
▲ € 13,343 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 | € 334,146 | € 147,569 | € 12,757 | € 82,020 | ▲ € 69,264 |
| Profit after taxes | € 188,817 | € 49,692 | € -63,997 | € 12,226 | ▲ € 76,222 |
| Equity | € 1,060,763 | € 1,110,455 | € 1,046,458 | € 1,058,684 | ▲ 1% |
| Total debts | € 2,717,848 | € 2,613,337 | € 2,684,580 | € 2,853,931 | ▲ 6% |
| Cash | € 106,893 | € 3,916 | € 15,821 | € 355 | ▼ 98% |
| Land & buildings | € 570,306 | € 332,728 | € 315,038 | € 283,440 | ▼ 10% |
| Retained profit | € 1,042,163 | € 1,091,855 | € 1,027,858 | € 1,040,084 | ▲ 1% |
| Bank debt | € 297,892 | € 260,336 | € 217,911 | € 162,131 | ▼ 26% |
| Balance sheet total | € 3,831,762 | € 3,788,090 | € 3,795,337 | € 3,976,914 | ▲ 5% |
Key figures of LUPA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to LUPA?
What happened at LUPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,226. Source: NBB ↗
- New establishment in Wingene. KBO
- Start of the company according to the CBE. KBO
In short
From € 188,817 profit in 2022 to € 12,226 profit in 2025.
Paid € 37,062 in corporate taxes since 2022.
Best year ever: 2022, with € 188,817 profit.
Management
Behind LUPA are Filip DEMYTTENAERE and Hilde DE LOORE. It owns 100% of Apotheek De Loore Zwevezele and 100% of ELFARM itself.
Directors
According to the 2025 annual accounts
Hilde DE LOORE
Director
Also active at: APOTHEEK DE LOORE WINGENE, ELFARM, APOTHEEK DE LOORE ZWEVEZELE
Establishments
Establishment units
Physical locations of this company
Tieltstraat 18
8750 Wingene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.353.686
- VAT number
- BE 0449.353.686
- Registered office
- Tieltstraat 18, 8750 Wingene
- Names & denominations
- LUPA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 1993
- Peppol
- Active · Active since 25 Sept 2025
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen