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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Two loss years in a row NBB
Negative result in 2025 and 2026.
Financials
Financial year 2026
Studiebureel Lesaffre from Sint-Martens-Latem, company number BE0400156969, closed financial year 2026 with a result of € -36,082 after tax. For that financial year Studiebureel Lesaffre recorded a gross margin of € 20,260 and equity of € 94,706. Compared with financial year 2025, the result moved from € -37,844 to € -36,082. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 12, 2026.
€ 94,706
▼ 28% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,082
▲ 5 % less loss than in 2025
Profit after tax over the fiscal year.
€ 19,205
▼ 35% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -322,745.
Debts at end 2026
€ 239,262
▼ 7% vs 2025
€ 18,846 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 7,532
▲ 236% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 3,831
▲ 65% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 49,700 | € 73,772 | € 20,096 | € 20,260 | ▲ 1% |
| Profit after taxes | € -51,184 | € -5,578 | € -37,844 | € -36,082 | ▲ € 1,762 |
| Equity | € 174,211 | € 168,633 | € 130,789 | € 94,706 | ▼ 28% |
| Total debts | € 918,074 | € 833,820 | € 777,608 | € 765,362 | ▼ 2% |
| Cash | € 13,488 | € 66,938 | € 29,708 | € 19,205 | ▼ 35% |
| Land & buildings | € 1,000,071 | € 911,970 | € 866,656 | € 825,804 | ▼ 5% |
| Retained profit | € -243,239 | € -248,818 | € -286,662 | € -322,745 | ▼ € 36,083 |
| Bank debt | € 296,142 | € 276,083 | € 257,816 | € 239,262 | ▼ 7% |
| Balance sheet total | € 1,092,285 | € 1,005,349 | € 911,202 | € 862,785 | ▼ 5% |
Key figures of Studiebureel Lesaffre, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to Studiebureel Lesaffre?
What happened at Studiebureel Lesaffre in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Henri Lesaffre stepped down as director. NBB
- Valérie Cornelis stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 36,083. Source: NBB ↗
- Henri Lesaffre became a director. NBB
- Valérie Cornelis became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
In short
From € 51,185 loss in 2023 to € 36,083 loss in 2026.
Paid € 2,267 in corporate taxes since 2023.
Management
Directors
According to the 2026 annual accounts
Henri Lesaffre
Managing director
since 2024 · until 2030
Valérie Cornelis
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Papenaard 15
9830 Sint-Martens-Latem
Martelaarslaan 204 box A
9000 Gent
Active since 1 May 1965
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.156.969
- VAT number
- BE 0400.156.969
- Registered office
- Papenaard 15, 9830 Sint-Martens-Latem
- Names & denominations
- Studiebureel Lesaffre
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 8 Aug 2025
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