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 41 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
LAPAZZ FASHION from Kalmthout, company number BE0675682204, closed financial year 2025 with a result of € 348,539 after tax. For that financial year LAPAZZ FASHION recorded a gross margin of € 690,576 and equity of € 934,759. Compared with financial year 2024, the result moved from € 311,204 to € 348,539. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 934,759
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 348,539
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 216,087
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0.8
Average over the fiscal year, from the social balance sheet.
€ 84,723
▲ 28% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 129,722
▲ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 522,511
▼ 12% vs 2024
€ 71,744 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 16,189
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 156,684
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 426,969 | € 518,303 | € 581,744 | € 690,576 | ▲ 19% |
| Profit after taxes | € 255,124 | € 309,188 | € 311,204 | € 348,539 | ▲ 12% |
| Equity | € 478,197 | € 781,201 | € 1,086,220 | € 934,759 | ▼ 14% |
| Total debts | € 524,880 | € 1,213,804 | € 862,908 | € 1,053,644 | ▲ 22% |
| Cash | € 220,260 | € 299,985 | € 254,201 | € 216,087 | ▼ 15% |
| Land & buildings | € 569,814 | € 1,262,218 | € 1,525,359 | € 1,567,582 | ▲ 3% |
| Retained profit | € 471,997 | € 775,001 | € 1,080,020 | € 928,559 | ▼ 14% |
| Dividend | € 0 | € 0 | € 0 | € 500,000 | |
| Bank debt | € 194,060 | € 659,406 | € 592,036 | € 522,511 | ▼ 12% |
| Balance sheet total | € 1,003,077 | € 1,995,004 | € 1,949,128 | € 1,988,403 | ▲ 2% |
| Employees (FTE) | - | 0 | 0.8 | 0.8 |
By gross margin, LAPAZZ FASHION ranks 1st of 4 companies with main activity “Groothandel in kleding, met uitzondering van werk- en onderkleding” in Kalmthout that publish figures (fiscal year 2025).
Key figures of LAPAZZ FASHION, 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.
Ask about LAPAZZ FASHION the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to LAPAZZ FASHION?
What happened at LAPAZZ FASHION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 348,539 (▲ 12% vs 2024). Source: NBB ↗
- New establishment in Kalmthout. KBO
- Leonardus Duynstee became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 255,124 profit in 2022 to € 348,539 profit in 2025.
Paid € 430,183 in corporate taxes since 2022.
Best year ever: 2025, with € 348,539 profit.
Paid out € 500,000 in dividends to the owners in total.
Management
Behind LAPAZZ FASHION is Leonardus Duynstee.
Directors
According to the 2025 annual accounts
Leonardus Duynstee
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Putsesteenweg (C) 12
2920 Kalmthout
Putsesteenweg (Dp) 12
2920 Kalmthout
Active since 12 May 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Kalmthout
Same main activity (Groothandel in kleding, met uitzondering van werk- en onderkleding), 3 active companies in Kalmthout, largest first.
€ 461,074 gross margin · 2024
€ 27,420 gross margin · 2025
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Details
- Company number
- 0675.682.204
- VAT number
- BE 0675.682.204
- Registered office
- Putsesteenweg (C) 12, 2920 Kalmthout
- Names & denominations
- LAPAZZ FASHION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 2017
- Peppol
- Active · Active since 27 Jan 2026
- Activities · NACE
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