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.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Lippens Projects from Assenede, company number BE0659683241, closed financial year 2025 with a result of € -687 after tax. For that financial year Lippens Projects recorded a gross margin of € 2,743 and equity of € 383. Compared with financial year 2024, the result moved from € -1,024 to € -687. The company made a loss. The buffer shrank hard: equity is 64 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 383
▼ 64% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -687
▲ 33 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,017.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,279
▲ € 2,160 vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,476
▲ € 3,059 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,662
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 | € 698 | € 209 | € -241 | € 2,743 | ▲ € 2,985 |
| Profit after taxes | € 63 | € -368 | € -1,024 | € -687 | ▲ € 338 |
| Equity | € 2,462 | € 2,094 | € 1,070 | € 383 | ▼ 64% |
| Total debts | € 914 | € 575 | € 417 | € 9,138 | ▲ € 8,721 |
| Cash | € 1,738 | € 474 | € 734 | - | |
| Retained profit | € -9,938 | € -10,306 | € -11,330 | € -12,017 | ▼ € 687 |
| Balance sheet total | € 3,377 | € 2,669 | € 1,487 | € 9,522 | ▲ € 8,035 |
Key figures of Lippens Projects, 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 Projects?
What happened at Lippens Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 687. filed late Source: NBB ↗
- Frederick Lippens became a director. NBB
- New establishment in Assenede. KBO
- Start of the company according to the CBE. KBO
In short
From € 63 profit in 2022 to € 687 loss in 2025.
Best year ever: 2022, with € 63 profit.
Management
Behind Lippens Projects is Frederick Lippens.
Directors
According to the 2025 annual accounts
Frederick Lippens
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Trieststraat 38 box A
9960 Assenede
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →ECA
€ 14.4 million revenue · 2025
VZW RESTO MEETJESLAND
€ 43,945 gross margin · 2025
HASIMMO
QBC
€ 232,229 gross margin · 2024
Buro Benton
€ 33,701 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0659.683.241
- VAT number
- BE 0659.683.241
- Registered office
- Trieststraat 38 bus A, 9960 Assenede
- Names & denominations
- Lippens Projects · BDDC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2016
- Peppol
- Active · Active since 9 Jul 2026
- Activities · NACE
Goederenvervoer over de weg
Overige werkzaamheden in verband met de afwerking van gebouwen
Diverse administratieve activiteiten ten behoeve van kantoren
Activiteiten van holdings
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Algemene elektrotechnische installatiewerken
Holdings