Financials
Financial year 2025
LIPPENS FOOD EXPRESS from Izegem, company number BE0449615091, closed financial year 2025 with a result of € 153,091 after tax. For that financial year LIPPENS FOOD EXPRESS recorded a gross margin of € 652,870 and equity of € 922,588. Compared with financial year 2024, the result moved from € 55,609 to € 153,091. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 922,588
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 153,091
▲ 175% vs 2024
Profit after tax over the fiscal year.
€ 634,510
▲ 43% 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 € 305,383.
People and assets in 2025
6
Average over the fiscal year, from the social balance sheet.
€ 459,462
▲ 4% vs 2024
€ 76,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,045
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 243,101
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 59,504
▼ 9% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 454,507 | € 472,405 | € 535,765 | € 652,870 | ▲ 22% |
| Profit after taxes | € 12,471 | € -56,888 | € 55,609 | € 153,091 | ▲ 175% |
| Equity | € 770,776 | € 713,888 | € 769,497 | € 922,588 | ▲ 20% |
| Total debts | € 308,252 | € 342,175 | € 332,761 | € 302,665 | ▼ 9% |
| Cash | € 397,831 | € 398,922 | € 442,222 | € 634,510 | ▲ 43% |
| Retained profit | € 153,571 | € 96,683 | € 152,292 | € 305,383 | ▲ 101% |
| Bank debt | € 23,591 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 1,088,310 | € 1,065,344 | € 1,102,258 | € 1,225,253 | ▲ 11% |
| Employees (FTE) | 6.3 | 6 | 6 | 6 |
Key figures of LIPPENS FOOD EXPRESS, 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 FOOD EXPRESS?
What happened at LIPPENS FOOD EXPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- David Lippens stepped down as director. NBB
- Finhold BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 153,091 (▲ 175% vs 2024). filed late Source: NBB ↗
- David Lippens became a director. NBB
- Finhold BV became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,471 profit in 2022 to € 153,091 profit in 2025.
Paid € 7,276 in corporate taxes since 2022.
Best year ever: 2025, with € 153,091 profit.
On average € 108,800 of value added per employee in 2025.
Management
The stake of FINHOLD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LIPPENS FOOD EXPRESSThe shares are held by FINHOLD (99.9%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Reperstraat 193
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.615.091
- VAT number
- BE 0449.615.091
- Registered office
- Reperstraat 193, 8870 Izegem
- Names & denominations
- LIPPENS FOOD EXPRESS · L.F.E.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 1993
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Goederenvervoer over de weg
Opslag
Overige opslag