Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 17.2 to 12.7.
Financials
Financial year 2025
LCNP from Leuven, company number BE0670440046, closed financial year 2025 with a result of € 41,980 after tax. For that financial year LCNP recorded a gross margin of € 809,450 and equity of € -3,897. Compared with financial year 2024, the result moved from € 72,558 to € 41,980. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2025.
€ -3,897
▲ € 41,980 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,980
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 112,226
▲ 3% 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 € -153,897.
People and assets in 2025
12.7
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 503,864
▲ 1% vs 2024
€ 39,700 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.
€ 6,759
▲ 136% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▼ 6% vs 2024
€ 235,427 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 41,923
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,449
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 882,839 | € 897,714 | € 841,094 | € 809,450 | ▼ 4% |
| Profit after taxes | € 74,492 | € 18,276 | € 72,558 | € 41,980 | ▼ 42% |
| Equity | € -130,503 | € -118,434 | € -45,877 | € -3,897 | ▲ € 41,980 |
| Total debts | € 3,209,771 | € 3,054,391 | € 2,779,413 | € 2,466,258 | ▼ 11% |
| Cash | € 126,307 | € 188,710 | € 108,883 | € 112,226 | ▲ 3% |
| Land & buildings | € 2,199,891 | € 2,104,257 | € 2,014,362 | € 1,929,860 | ▼ 4% |
| Retained profit | € -286,710 | € -268,434 | € -195,877 | € -153,897 | ▲ € 41,980 |
| Bank debt | € 2,758,781 | € 2,607,058 | € 2,392,838 | € 2,247,495 | ▼ 6% |
| Balance sheet total | € 3,079,268 | € 2,935,956 | € 2,733,536 | € 2,462,361 | ▼ 10% |
| Employees (FTE) | 17.9 | 17.2 | 13.2 | 12.7 | ▼ 0.5 |
Key figures of LCNP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 August 2026.
What happened to LCNP?
What happened at LCNP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 41,980 (▼ 42% vs 2024). Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 74,492 profit in 2022 to € 41,980 profit in 2025.
Paid € 2,701 in corporate taxes since 2022.
Best year ever: 2022, with € 74,492 profit.
On average € 63,700 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind LCNP are Nina Vanzegbroeck and Pieter Creuwels.
Directors
According to the 2025 annual accounts
Nina Vanzegbroeck
Director
Pieter Creuwels
Director
Establishments
Establishment units
Physical locations of this company
Tiensestraat 166
3000 Leuven
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0670.440.046
- VAT number
- BE 0670.440.046
- Registered office
- Tiensestraat 166, 3000 Leuven
- Names & denominations
- LCNP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 2017
- Peppol
- Active · Active since 13 Jan 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)