Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 18 to 16.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Le Travailleur chez Lui from Liège, company number BE0402439340, closed financial year 2025 with a result of € 1.8 million after tax. For that financial year Le Travailleur chez Lui recorded revenue of € 12.4 million and equity of € 39.5 million. Compared with financial year 2024, the result moved from € 1.8 million to € 1.8 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 39.5 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.8 million
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 22 million
▲ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 740,000 paid out
40 % of the profit went to the shareholders, mostly to NETHYS (92 % of the shares). That is where the money ends up.
People and assets in 2025
16
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
€ 97,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 32,609
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 520.9 million
▲ 3% vs 2024
€ 21.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 24 years.
€ 39,087
▲ 207% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1 days on average.
€ 168,919
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,170,783 | € 11,412,211 | € 12,030,115 | € 12,419,170 | ▲ 3% |
| Profit after taxes | € 1,613,503 | € 1,588,542 | € 1,799,924 | € 1,841,972 | ▲ 2% |
| Equity | € 36,392,912 | € 37,356,454 | € 38,416,378 | € 39,518,349 | ▲ 3% |
| Total debts | € 469,764,425 | € 499,584,077 | € 511,110,509 | € 524,937,292 | ▲ 3% |
| Cash | € 15,640,337 | € 18,550,196 | € 13,329,254 | € 21,951,715 | ▲ 65% |
| Retained profit | € 21,315,154 | € 22,278,696 | € 23,338,620 | € 24,440,591 | ▲ 5% |
| Dividend | € 700,000 | € 625,000 | € 740,000 | € 740,000 | |
| Bank debt | € 464,114,468 | € 495,907,424 | € 506,933,019 | € 520,919,737 | ▲ 3% |
| Balance sheet total | € 506,357,337 | € 537,140,531 | € 549,776,887 | € 564,455,641 | ▲ 3% |
| Employees (FTE) | 18 | 18 | 17 | 16 | ▼ 1 |
Key figures of Le Travailleur chez Lui, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Le Travailleur chez Lui?
What happened at Le Travailleur chez Lui in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.8 million (▲ 2% vs 2024). Source: NBB ↗
- GREGORY BENVEGNA became a director. NBB
- WALTHER HERBEN stepped down as director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.6 million profit in 2022 to € 1.8 million profit in 2025.
Paid € 337,261 in corporate taxes since 2022.
Best year ever: 2025, with € 1.8 million profit.
Paid out € 2.8 million in dividends to the owners in total.
Management
The stake of NETHYS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Le Travailleur chez LuiBehind Le Travailleur chez Lui is GREGORY BENVEGNA. The shares are held by NETHYS (92.3%).
Directors
According to the 2025 annual accounts
GREGORY BENVEGNA
Chairman of the board
Also active at: NEOMANSIO, INTERCOMMUNALE DE SOINS SPECIALISES DE LIEGE, Le Logis Social de Liège
since 2025
WALTHER HERBEN
Chairman of the board
Also active at: Agence locale pour l'Emploi d'Ans (Alpe), Régie Foncière Ansoise
· until 2025
Shareholders
92.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Sainte-Marie 5
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →OGEO FUND
Service Social des Sociétés de Crédit
BAVIERE DEVELOPPEMENT
€ 10.2 million revenue · 2025
ASSM ARCHI BAVIERE
Foncière Bonne Fortune
€ 2,177 revenue · 2025
+12 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
- 0402.439.340
- VAT number
- BE 0402.439.340
- Registered office
- Rue Sainte-Marie 5, 4000 Liège
- Names & denominations
- Le Travailleur chez Lui · TCL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1929
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
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