What does Lips do?
Lips specializes in the design and manufacturing of high-quality locks and security solutions. The company offers a wide range of products, including electronic locks, access control systems, and traditional locking mechanisms. With a focus on innovation and reliability, Lips serves various sectors, including residential, commercial, and institutional markets.
- Activities
- Signals
-
ProfitableProfitable € 3.63M
The company reported a positive net result in the latest financial year.
Strong equityStrong equity € 4.80MStrong equity provides a buffer against setbacks.
Low riskLow risk 41.3%Good solvency (> 30%) points to long-term financial stability.
Positive cashflowPositive cashflow € 4.45MPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 5.73MPositive EBITDA: operating activities are profitable.
High turnoverHigh turnover € 39.54MSubstantial turnover in the latest financial year.
Healthy social debtHealthy social debt 18.3%Social debts stay manageable relative to personnel costs.
- Shareholders
- Belisy 50%, Symax 50%
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
39.54M
|
€
36.86M
|
€
34.45M
|
€
30.29M
|
|
|
€
5.73M
|
€
3.29M
|
€
3.28M
|
€
1.67M
|
|
|
€
3.63M
|
€
1.81M
|
€
1.66M
|
€
674K
|
|
|
€
4.80M
|
€
3.16M
|
€
3.61M
|
€
3.37M
|
|
|
41.27%
|
32.17%
|
34.84%
|
34.12%
|
|
|
€
6.82M
|
€
6.66M
|
€
6.75M
|
€
6.50M
|
|
|
€
4.56M
|
€
2.63M
|
€
2.52M
|
€
1.56M
|
|
|
48
|
41.80
|
42.20
|
32.90
|
Publications 48
All publications- Ontslagen - Benoemingen 09/06/2026
- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Ontslagen - Benoemingen 12/12/2023
- Ontslagen - Benoemingen 02/09/2020
- Ontslagen - Benoemingen 08/06/2020
- Ontslagen - Benoemingen 28/08/2017
Frequently asked questions
Answers to the most common questions about Lips, based on official government data and the filed annual accounts.
What is the VAT number of Lips?
The VAT number of Lips is BE0406.904.508.
How many employees work at Lips?
In 2025, Lips employed 48.00 full-time equivalents (FTE).
When was Lips established?
Lips was founded in 26-11-1969.
What is the official address of Lips?
The official address of Lips is Heistlaan 27 Knokke-Heist 8301.
What is the legal form of Lips?
The juridical form of Lips is Public limited company (NV/SA).
What is the annual revenue of Lips?
The revenue of Lips for the 2025 financial year was €39,535,039.
What does Lips do?
Lips specializes in the design and manufacturing of high-quality locks and security solutions. The company offers a wide range of products, including electronic locks, access control systems, and traditional locking mechanisms. With a focus on innovation and reliability, Lips serves various sectors, including residential, commercial, and institutional markets.
Is Lips a reliable company?
Lips is a registered Rechtspersoon with company number 0406.904.508 and can be verified through the official CBE database.
What is the credit limit of Lips?
The estimated credit limit of Lips is €9,011,393.
Is Lips still active?
Lips currently has the status "Normal situation" and is active.