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 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2024; threshold 65 %.
-
Busy address KBO
79 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
LPI DEVELOPMENT from Ieper, company number BE0771507514, closed financial year 2024 with a result of € -691,890 after tax. For that financial year LPI DEVELOPMENT recorded a gross margin of € -626,618 and equity of € -814,262. Compared with financial year 2023, the result moved from € -192,839 to € -691,890. 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 July 8, 2025.
€ -814,262
▼ € 691,890 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -691,890
▼ 259 % more loss than in 2023
Profit after tax over the fiscal year.
€ 7,312
▼ 46% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2024
0.3
▼ 0.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 11,580
▼ 85% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
€ 151,784
▼ 98% vs 2023
Loans from banks and other lenders, long and short.
€ 1.6 million
▲ 21% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 8,296
▼ 75% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -25,340 | € -134,341 | € -100,199 | € -626,618 | ▼ € 526,419 |
| Profit after taxes | € -27,280 | € -152,253 | € -192,839 | € -691,890 | ▼ € 499,051 |
| Equity | € 222,720 | € 70,467 | € -122,372 | € -814,262 | ▼ € 691,890 |
| Total debts | € 3,153,182 | € 7,133,067 | € 8,466,502 | € 8,810,576 | ▲ 4% |
| Cash | € 2,131 | € 3,384 | € 13,475 | € 7,312 | ▼ 46% |
| Retained profit | € -27,280 | € -179,533 | € -372,372 | € -1,064,262 | ▼ € 691,890 |
| Bank debt | € 0 | € 0 | € 6,371,351 | € 151,784 | ▼ 98% |
| Balance sheet total | € 3,375,902 | € 7,203,534 | € 8,344,130 | € 7,996,314 | ▼ 4% |
| Employees (FTE) | - | - | 0.5 | 0.3 | ▼ 0.2 |
Key figures of LPI DEVELOPMENT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LPI DEVELOPMENT?
What happened at LPI DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 691,890. Source: NBB ↗
- New establishment in Ieper. KBO
- Marie-Julie Gheysens became a director. NBB
- Michael Gheysens became a director. NBB
- Paul Gheysens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 27,280 loss in 2021 to € 691,890 loss in 2024.
A new publication or filing at LPI DEVELOPMENT? We notify you, reason included.
Follow LPI DEVELOPMENTDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The stake of GHELAMCO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LPI DEVELOPMENTBehind LPI DEVELOPMENT are Marie-Julie Gheysens, Michael Gheysens and Paul Gheysens. The shares are held by GHELAMCO INVEST (100%).
Directors
According to the 2024 annual accounts
Marie-Julie Gheysens
Director
Also active at: GHELAMCO INVEST, GOLF MICE RE, GOLF HOTEL MANAGEMENT, GOLF HOTEL RE, GOLF CO RE, GOLF HOTEL UNITS RE, GOLF TERRAIN OPERATIONS MANAGEMENT, GOLF AMENITIES RE +3 more
since 2021
Michael Gheysens
Director
Also active at: DOCK-SITE, Royal Antwerp Football club, R.H.R. - INDUSTRIES, GARAGE S.O.S., CARLTON RETAIL, GHELAMCO, GHELAMCO INVEST, SOGIMES +71 more
since 2021
Paul Gheysens
Director
Also active at: DOCK-SITE, R.H.R. - INDUSTRIES, GHELAMCO, GHELAMCO INVEST, SOGIMES, IMMOBILIERE NORTH SEA PROPERTIES, YPFINANCE, THE WHITE HOUSE ZOUTE +73 more
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zwaanhofweg 10
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.
All companies at this address →R.H.R. - INDUSTRIES same network
€ 272,092 gross margin · 2024
GARAGE S.O.S. same network
€ -10,621 gross margin · 2024
GHELAMCO same network
€ 549,961 revenue · 2024
GHELAMCO INVEST same network
€ 38.6 million revenue · 2025
SOGIMES same network
€ 4.7 million gross margin · 2025
+74 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
- 0771.507.514
- VAT number
- BE 0771.507.514
- Registered office
- Zwaanhofweg 10, 8900 Ieper
- Names & denominations
- LPI DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 2021
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten