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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Figures corrected NBB
Corrected annual account filed for 2023.
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Late annual account NBB
Fiscal year 2024 was filed 300 days after the legal deadline.
Financials
Financial year 2024
LVT from Willebroek, company number BE0404782186, closed financial year 2024 with a result of € 921,460 after tax. For that financial year LVT recorded revenue of € 12 million and equity of € 2.8 million. Compared with financial year 2023, the result moved from € 901,173 to € 921,460. 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 May 27, 2026.
€ 2.8 million
▲ 49% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 921,460
▲ 2% vs 2023
Profit after tax over the fiscal year.
€ 5,234
▼ 24% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.5 million.
People and assets in 2024
60.2
▼ 4.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3.8 million
▲ 9% vs 2023
€ 62,800 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.
€ 1.1 million
▲ 25% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.5 million
▲ 11% vs 2023
€ 575,525 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.5 million
▲ 20% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 76 days on average.
€ 931,826
▼ 3% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 10,457,768 | € 12,151,264 | € 11,968,077 | ▼ 2% |
| Profit after taxes | € 782,730 | € 901,173 | € 921,460 | ▲ 2% |
| Equity | € 546,589 | € 1,889,858 | € 2,811,318 | ▲ 49% |
| Total debts | € 4,383,980 | € 4,202,886 | € 4,566,615 | ▲ 9% |
| Cash | € 628,891 | € 6,897 | € 5,234 | ▼ 24% |
| Land & buildings | € 732,524 | € 676,422 | € 647,431 | ▼ 4% |
| Retained profit | € -759,830 | € 598,634 | € 1,520,094 | ▲ 154% |
| Dividend | € 0 | € 684,740 | € 0 | ▼ 100% |
| Bank debt | € 682,625 | € 1,336,076 | € 1,485,825 | ▲ 11% |
| Balance sheet total | € 4,933,569 | € 6,162,744 | € 7,587,933 | ▲ 23% |
| Employees (FTE) | 59.5 | 64.9 | 60.2 | ▼ 4.7 |
Key figures of LVT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LVT?
What happened at LVT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Arthur Pic stepped down as director. NBB
- Charles Pic stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 921,460 (▲ 2% vs 2023). filed late Source: NBB ↗
- Antoine Colomb stepped down as director. NBB
- Delphine André stepped down as director. NBB
- Arthur Pic became a director. NBB
- Charles Pic became a director. NBB
- Antoine Colomb became a director. NBB
In short
From € 782,730 profit in 2021 to € 921,460 profit in 2024.
Paid € 623,775 in corporate taxes since 2021.
Best year ever: 2024, with € 921,460 profit.
Paid out € 684,740 in dividends to the owners in total.
Management
The shares are held by CGA Europe (100%) and Delphine André (0%).
Directors
According to the 2024 annual accounts
Arthur Pic
Bestuurder
since 2022 · until 2028
since 2019 · until 2028
Antoine Colomb
Voorzitter van de Raad van Bestuur
since 2019 · until 2025
since 2019 · until 2025
Shareholders
100%
Delphine André
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hoeikensstraat 31A
2830 Willebroek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0404.782.186
- VAT number
- BE 0404.782.186
- Registered office
- Hoeikensstraat 31A, 2830 Willebroek
- Names & denominations
- LVT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1946
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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