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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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
L H B from Charleroi, company number BE0402488533, closed financial year 2025 with a result of € 20.3 million after tax. Compared with financial year 2024, the result moved from € 13.5 million to € 20.3 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 11.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20.3 million
▲ 51% vs 2024
Profit after tax over the fiscal year.
€ 21,460
▲ 201% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20.3 million paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 10,153,495 | € 12,609,955 | € 13,481,291 | € 20,329,321 | ▲ 51% |
| Equity | € 13,581,005 | € 11,790,960 | € 11,822,251 | € 11,851,572 | |
| Total debts | € 10,201,742 | € 14,400,000 | € 13,452,566 | € 20,300,000 | ▲ 51% |
| Cash | € 10,598 | € 3,732 | € 7,128 | € 21,460 | ▲ 201% |
| Retained profit | € 3,166,005 | € 1,375,960 | € 1,407,251 | € 1,436,572 | ▲ 2% |
| Dividend | € 10,200,000 | € 14,400,000 | € 13,450,000 | € 20,300,000 | ▲ 51% |
| Balance sheet total | € 23,782,747 | € 26,190,960 | € 25,274,817 | € 32,151,572 | ▲ 27% |
Key figures of L H B, 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 L H B?
What happened at L H B in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vincent SAINGIER stepped down as director. NBB
- Xavier ARTUS stepped down as director. NBB
- Jérôme RONZE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 20.3 million (▲ 51% vs 2024). Source: NBB ↗
- Xavier ARTUS became a director. NBB
- Vincent SAINGIER became a director. NBB
- Jérôme RONZE became a director. NBB
- New establishment in Charleroi. KBO
In short
From € 10.2 million profit in 2022 to € 20.3 million profit in 2025.
Best year ever: 2025, with € 20.3 million profit.
Paid out € 58.4 million in dividends to the owners in total.
Management
It owns 100% of Algist Bruggeman NV itself.
Directors
According to the 2025 annual accounts
Vincent SAINGIER
Director
since 2016 · until 2027
Xavier ARTUS
Director
since 2022 · until 2027
Jérôme RONZE
Director
since 2015 · until 2027
Establishments
Establishment units
Physical locations of this company
Rue Santos - Dumont 3 box 8
6041 Charleroi
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.488.533
- VAT number
- BE 0402.488.533
- Registered office
- Rue Santos - Dumont 3 bus 8, 6041 Charleroi
- Names & denominations
- L H B
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 1935
- Peppol
- Not registered