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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
LPCHI from Gent, company number BE0738937783, closed financial year 2025 with a result of € -6,382 after tax. For that financial year LPCHI recorded a gross margin of € -2,837 and equity of € -234,860. Compared with financial year 2024, the result moved from € 169,328 to € -6,382. The company made a loss. 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 January 23, 2026.
€ -234,860
▼ € 6,382 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,382
▼ still € 169,328 profit in 2024
Profit after tax over the fiscal year.
€ 674
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -564,860.
Debts at end 2025
€ 234,330
▲ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 205
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,036 | € -2,217 | € 289,046 | € -2,837 | ▼ € 291,883 |
| Profit after taxes | € -14,734 | € -696,909 | € 169,328 | € -6,382 | ▼ € 175,710 |
| Equity | € 299,103 | € -397,806 | € -228,478 | € -234,860 | ▼ € 6,382 |
| Total debts | € 507,973 | € 515,637 | € 230,676 | € 235,534 | ▲ 2% |
| Cash | € 3,383 | € 1,000 | € 1,539 | € 674 | ▼ 56% |
| Retained profit | € -30,897 | € -727,806 | € -558,478 | € -564,860 | ▼ € 6,382 |
| Bank debt | € 507,937 | € 515,062 | € 230,113 | € 234,330 | ▲ 2% |
| Balance sheet total | € 807,076 | € 117,831 | € 2,198 | € 674 | ▼ 69% |
Key figures of LPCHI, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to LPCHI?
What happened at LPCHI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,382 (▼ € 175,710 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Moroxco BV became a director. NBB
- Aj 2 BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 14,734 loss in 2022 to € 6,382 loss in 2025.
Best year ever: 2024, with € 169,328 profit.
Management
The stake of V4 INVESTMENTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LPCHIBehind LPCHI are Moroxco BV and Aj 2 BV. The shares are held by V4 INVESTMENTS (66.7%). It owns 10.7% of Hairco itself.
Directors
According to the 2025 annual accounts
Director · represented by Van QUICKENBORNE CÉDRIC
Also active at: ATENOR, RECTICEL, Hairco, The House of Beauty, V4 INVESTMENTS, COSY
since 2019
Director · represented by Bauwens LIEVEN
Also active at: Building Partners, The House of Beauty, LTHI, CASSANDRA, Drednot
since 2019
Shareholders
66.7%
Participations
10.7%
Establishments
Establishment units
Physical locations of this company
Bernard Spaelaan 20
9000 Gent
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.
Details
- Company number
- 0738.937.783
- VAT number
- BE 0738.937.783
- Registered office
- Bernard Spaelaan 20, 9000 Gent
- Names & denominations
- LPCHI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2019
- Peppol
- Not registered