Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 25.2 to 20.
Financials
Financial year 2025
LIPPENS INFRA from Zulte, company number BE0650595430, closed financial year 2025 with a result of € 492,363 after tax. For that financial year LIPPENS INFRA recorded a gross margin of € 3 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 562,151 to € 492,363. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 2.3 million
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 492,363
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 931,702
▲ 13% 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 € 2.2 million.
People and assets in 2025
20
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▼ 1% vs 2024
€ 77,100 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.
€ 634,799
▲ 33% vs 2024
Of which on lease € 466,015.
Debts at end 2025
€ 1.5 million
▼ 15% vs 2024
€ 585,299 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2.3 million
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 132,282
▲ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,483,643 | € 2,501,969 | € 2,921,396 | € 3,011,494 | ▲ 3% |
| Profit after taxes | € 48,773 | € 153,189 | € 562,151 | € 492,363 | ▼ 12% |
| Equity | € 1,046,511 | € 1,199,700 | € 1,761,851 | € 2,254,214 | ▲ 28% |
| Total debts | € 4,083,935 | € 3,467,764 | € 4,428,892 | € 4,231,958 | ▼ 4% |
| Cash | € 818,012 | € 549,893 | € 824,769 | € 931,702 | ▲ 13% |
| Land & buildings | € 36,768 | € 40,394 | € 34,260 | € 28,127 | ▼ 18% |
| Retained profit | € 1,026,511 | € 1,179,700 | € 1,741,851 | € 2,234,214 | ▲ 28% |
| Bank debt | € 1,871,269 | € 1,608,355 | € 1,759,068 | € 1,502,992 | ▼ 15% |
| Balance sheet total | € 5,130,446 | € 4,667,465 | € 6,190,743 | € 6,486,172 | ▲ 5% |
| Employees (FTE) | 26.5 | 25.2 | 22 | 20 | ▼ 2 |
Key figures of LIPPENS INFRA, 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 INFRA?
What happened at LIPPENS INFRA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 492,363 (▼ 12% vs 2024). filed late Source: NBB ↗
- New establishment in Zulte. KBO
- New establishment in Zulte. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,773 profit in 2022 to € 492,363 profit in 2025.
Paid € 282,113 in corporate taxes since 2022.
Best year ever: 2024, with € 562,151 profit.
On average € 150,600 of value added per employee in 2025.
Management
Behind LIPPENS INFRA are Lieven Lippens, FAVEERE BV and MARLEEN LIPPENS. Lieven Lippens is also behind LIHOTRANS, LIPPENS LOGISTICS, AREUM and QUADRATA. MARLEEN LIPPENS is also behind LIHOTRANS, AREUM and YES!.
Directors
According to the 2025 annual accounts
Director · represented by Yves Faveere
Establishments
Establishment units
Physical locations of this company
Waalstraat 170
9870 Zulte
Karreweg 28
9870 Zulte
Active since 2 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0650.595.430
- VAT number
- BE 0650.595.430
- Registered office
- Waalstraat 170, 9870 Zulte
- Names & denominations
- LIPPENS INFRA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 March 2016
- Peppol
- Active · Active since 13 Jun 2025
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