ACTIVE

LPI DEVELOPMENT

Financial year 2024 · closed on 31/12/2024
Net result
-691,9 k €
-258.8% YoY
Gross margin
-626,6 k €
-525.4% YoY
Equity
-814,3 k €
-565.4% YoY
Workforce
0,3 ETP
-40.0% YoY

What does LPI DEVELOPMENT do?

LPI DEVELOPMENT is a Private limited company incorporated in 2021. Its main activity is: Development of building projects. Its registered office is in Ieper. It employs on average 0,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0771.507.514
Incorporation
16/07/2021
Legal form
Private limited company
Registered office
Zwaanhofweg 10
8900 Ieper · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2024
Average workforce
0,3 ETP
Signals
Good liquidity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2024202320222021
Income statement
Gross margin-626,6 k €-100,2 k €-134,3 k €-25,3 k €
EBITDA-639,3 k €-177,6 k €-134,8 k €-25,7 k €
Operating result-689,6 k €-191,9 k €-142,3 k €-25,7 k €
Net result-691,9 k €-192,8 k €-152,3 k €-27,3 k €
Balance sheet
Equity-814,3 k €-122,4 k €70,5 k €222,7 k €
Total assets8 M €8,3 M €7,2 M €3,4 M €
Cash7,3 k €13,5 k €3,4 k €2,1 k €
Debts8,8 M €8,5 M €6,9 M €3,2 M €
Other
Workforce0,3 ETP0,5 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 3 ended

Active mandates

Marie-Julie Gheysens

Director · since 16 juillet 2021

Active
Michael Gheysens

Director · since 16 juillet 2021

Active
Paul Gheysens

Director · since 16 juillet 2021

Active

Ended mandates

Marie-Julie Gheysens

Director

Ended
Michael Gheysens

Director

Ended
Paul Gheysens

Director

Ended
At this address

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0899.244.042
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0648.879.025
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0540.850.422
COLLARISActive
0761.438.419
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COPERNICUS SITEActive
0882.662.980
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D & QActive
0465.739.065
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Annual accounts

Full financial information

2024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202216/07/2021
Closing of the financial year31/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months6 months
Filing date08/07/202508/07/202410/07/202307/07/2022
General meeting30/06/202530/06/202430/06/202330/06/2022
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202508/07/2025DutchPDF
Abridged model31/12/202330/06/202408/07/2024DutchPDF
Abridged model31/12/202230/06/202310/07/2023DutchPDF
Abridged model31/12/202130/06/202207/07/2022DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 3 ended

Active mandates

Marie-Julie Gheysens

Director · since 16 juillet 2021

Active
Michael Gheysens

Director · since 16 juillet 2021

Active
Paul Gheysens

Director · since 16 juillet 2021

Active

Ended mandates

Marie-Julie Gheysens

Director

Ended
Michael Gheysens

Director

Ended
Paul Gheysens

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/07/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-691,9 k €
  2. 2023
    Annual accounts 2023-192,8 k €
  3. 2022
    Annual accounts 2022-152,3 k €
  4. 2021
    Annual accounts 2021-27,3 k €
  5. 16/07/2021
    IncorporationPrivate limited company