What does LS BEDDING do?

LS BEDDING is a furniture maker in Maldegem. Public Limited, started on 2 June 1965, 2 establishments.

What is the address of LS BEDDING?

The registered office of LS BEDDING is located at Bogaardestraat 228 box B, 9990 Maldegem.

Is LS BEDDING still active?

Yes. According to the CBE (29 October 2026) LS BEDDING is active, legal situation “Normale toestand”, started on 2 June 1965.

Is LS BEDDING registered on Peppol?

Yes, LS BEDDING is registered on the Peppol network with ID 0208:0405105355.

What is the enterprise number of LS BEDDING?

The enterprise number of LS BEDDING is BE0405105355.

When was LS BEDDING founded?

LS BEDDING was founded on 2 June 1965.

Who are the directors of LS BEDDING?

According to the 2025 annual accounts, the directors of LS BEDDING are: Strateqo BV, Frank Verschuere, LSB Group NV, Peter De Meyer, Just Grow CommV.

Is LS BEDDING a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 June 1965; 4 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account; 2 establishments in the CBE.

How much profit did LS BEDDING make in 2025?

LS BEDDING posted a profit after taxes of € 1,779,397 in financial year 2025.

What is the revenue of LS BEDDING?

In its most recent annual accounts (2025), LS BEDDING reported revenue of € 29,347,365.

How much does an employee at LS BEDDING earn?

The average wage cost per full-time employee at LS BEDDING was € 60,400 in 2025: staff costs of € 6.4 million for 106.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does LS BEDDING have?

According to the 2025 annual accounts, LS BEDDING has 106.7 full-time equivalents (FTE).

LS BEDDING (Public Limited) - Maldegem - BE0405105355

Dossier LS BEDDING, printed on 29 October 2026 from databakkes.be/en/0405105355/ls-bedding. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

LS BEDDING from Maldegem, company number BE0405105355, closed financial year 2025 with a result of € 1.8 million after tax. For that financial year LS BEDDING recorded revenue of € 29.3 million and equity of € 4.8 million. Compared with financial year 2024, the result moved from € 1.6 million to € 1.8 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 June 29, 2026.

What it is worth Growing

€ 4.8 million

▲ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1.8 million

▲ 12% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 355,450

▲ 6% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1.7 million paid out

94 % of the profit went to the shareholders, mostly to LSB GROUP (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

106.7

▼ 2.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 6.4 million

▲ 1% vs 2024

€ 60,400 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.

Vehicles and equipment

€ 451,716

▼ 16% vs 2024

Of which on lease € 259,036.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 179,620

▼ 19% vs 2024

€ 43,531 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 3.2 million

▲ 56% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 58 days on average.

Taxes and wages

€ 1 million

▲ 8% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 25,699,503 Revenue 2022: € 25,699,503 First fiscal year in the series	€ 24,701,066 Revenue 2023: € 24,701,066 ▼ 4% vs 2022 (€ 25,699,503) Unfavourable step	€ 27,029,946 Revenue 2024: € 27,029,946 ▲ 9% vs 2023 (€ 24,701,066) Favourable step	€ 29,347,365 Revenue 2025: € 29,347,365 ▲ 9% vs 2024 (€ 27,029,946) Favourable step	▲ 9%
Profit after taxes	€ 1,648,001 Profit after taxes 2022: € 1,648,001 First fiscal year in the series	€ 1,087,265 Profit after taxes 2023: € 1,087,265 ▼ 34% vs 2022 (€ 1,648,001) Unfavourable step	€ 1,593,813 Profit after taxes 2024: € 1,593,813 ▲ 47% vs 2023 (€ 1,087,265) Favourable step	€ 1,779,397 Profit after taxes 2025: € 1,779,397 ▲ 12% vs 2024 (€ 1,593,813) Favourable step	▲ 12%
Equity	€ 4,514,459 Equity 2022: € 4,514,459 First fiscal year in the series	€ 4,616,724 Equity 2023: € 4,616,724 ▲ 2% vs 2022 (€ 4,514,459) Favourable step	€ 4,750,536 Equity 2024: € 4,750,536 ▲ 3% vs 2023 (€ 4,616,724) Favourable step	€ 4,849,934 Equity 2025: € 4,849,934 ▲ 2% vs 2024 (€ 4,750,536) Favourable step	▲ 2%
Total debts	€ 4,346,437 Total debts 2022: € 4,346,437 First fiscal year in the series	€ 4,943,552 Total debts 2023: € 4,943,552 ▲ 14% vs 2022 (€ 4,346,437) Unfavourable step	€ 5,368,681 Total debts 2024: € 5,368,681 ▲ 9% vs 2023 (€ 4,943,552) Unfavourable step	€ 6,451,331 Total debts 2025: € 6,451,331 ▲ 20% vs 2024 (€ 5,368,681) Unfavourable step	▲ 20%
Cash	€ 455,426 Cash 2022: € 455,426 First fiscal year in the series	€ 1,150,010 Cash 2023: € 1,150,010 ▲ 153% vs 2022 (€ 455,426) Favourable step	€ 336,151 Cash 2024: € 336,151 ▼ 71% vs 2023 (€ 1,150,010) Unfavourable step	€ 355,450 Cash 2025: € 355,450 ▲ 6% vs 2024 (€ 336,151) Favourable step	▲ 6%
Retained profit	€ 4,425,412 Retained profit 2022: € 4,425,412 First fiscal year in the series	€ 4,527,677 Retained profit 2023: € 4,527,677 ▲ 2% vs 2022 (€ 4,425,412) Favourable step	€ 4,661,489 Retained profit 2024: € 4,661,489 ▲ 3% vs 2023 (€ 4,527,677) Favourable step	€ 4,760,886 Retained profit 2025: € 4,760,886 ▲ 2% vs 2024 (€ 4,661,489) Favourable step	▲ 2%
Dividend	€ 1,590,000 Dividend 2022: € 1,590,000 First fiscal year in the series	€ 985,000 Dividend 2023: € 985,000 ▼ 38% vs 2022 (€ 1,590,000) Unchanged	€ 1,460,000 Dividend 2024: € 1,460,000 ▲ 48% vs 2023 (€ 985,000) Unchanged	€ 1,680,000 Dividend 2025: € 1,680,000 ▲ 15% vs 2024 (€ 1,460,000) Unchanged	▲ 15%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 221,269 Bank debt 2024: € 221,269 Unchanged (€ 0) Unfavourable step	€ 179,620 Bank debt 2025: € 179,620 ▼ 19% vs 2024 (€ 221,269) Favourable step	▼ 19%
Balance sheet total	€ 8,863,290 Balance sheet total 2022: € 8,863,290 First fiscal year in the series	€ 9,560,276 Balance sheet total 2023: € 9,560,276 ▲ 8% vs 2022 (€ 8,863,290) Unchanged	€ 10,119,217 Balance sheet total 2024: € 10,119,217 ▲ 6% vs 2023 (€ 9,560,276) Unchanged	€ 11,301,265 Balance sheet total 2025: € 11,301,265 ▲ 12% vs 2024 (€ 10,119,217) Unchanged	▲ 12%
Employees (FTE)	117.4 Employees (FTE) 2022: 117.4 First fiscal year in the series	114.8 Employees (FTE) 2023: 114.8 ▼ 2.6 vs 2022 (117.4) Unchanged	109.6 Employees (FTE) 2024: 109.6 ▼ 5.2 vs 2023 (114.8) Unchanged	106.7 Employees (FTE) 2025: 106.7 ▼ 2.9 vs 2024 (109.6) Unchanged	▼ 2.9

Key figures of LS BEDDING, 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 LS BEDDING?

What happened at LS BEDDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Strateqo BV stepped down as director. NBB
2031 Just Grow CommV stepped down as director. NBB
2028 Frank Verschuere stepped down as director. NBB
2028 Peter De Meyer stepped down as director. NBB
2028 LSB Group NV stepped down as director. NBB
Jun 29, 2026 New annual accounts for financial year 2025: profit of € 1.8 million (▲ 12% vs 2024). Source: NBB ↗
2025 Strateqo BV became a director. NBB
2025 Just Grow CommV became a director. NBB

In short

From € 1.6 million profit in 2022 to € 1.8 million profit in 2025.

Paid € 646,919 in corporate taxes since 2022.

Best year ever: 2025, with € 1.8 million profit.

Paid out € 5.7 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

LSB GROUP 100%

The stake of LSB GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

LS BEDDING

LS Bedding Polska SP ZOO 100%

The shares are held by LSB GROUP (100%). It owns 100% of LS Bedding Polska SP ZOO itself.

Directors

According to the 2025 annual accounts

Strateqo BV

Director · represented by Lannoye Michiel

Also active at: HELIOS TRADING, UMBROSA, LSB GROUP, LS REAL ESTATE, VFMS

since 2025 · until 2031

Frank Verschuere

Director

Also active at: Brands On, LSB GROUP, LS REAL ESTATE, DE LECTO ET SEDE, JORI

since 2022 · until 2028

LSB Group NV

Managing director · represented by Koen Maenhout

Also active at: LS REAL ESTATE

since 2022 · until 2028

Peter De Meyer

Director

Also active at: LSB GROUP, LS REAL ESTATE

since 2022 · until 2028

Just Grow CommV

Director · represented by De Vreese Dominik

Also active at: LSB GROUP, LS REAL ESTATE

since 2025 · until 2031

Shareholders

LSB GROUP

100%

Participations

LS Bedding Polska SP ZOO

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Bogaardestraat 228 box B

9990 Maldegem

2.192.696.381

Bavikhoofsestraat 78

8530 Harelbeke

Active since 30 June 2010

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

LSB GROUP same network

€ 1.7 million revenue · 2025

LS REAL ESTATE same network

€ 299,159 gross margin · 2025

LS Bedding Groep

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0405.105.355

VAT number

BE 0405.105.355

Registered office

Bogaardestraat 228 bus B, 9990 Maldegem

Names & denominations

LS BEDDING

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

2 June 1965

Peppol

Active · Active since 9 Dec 2025

Activities · NACE

Vervaardiging van matrassen

Groothandel in textiel

Groothandel in huishoudtextiel en beddengoed

View on CBE Public ↗ Annual accounts (NBB) ↗

LS BEDDING

Warning lights

Financials

What happened to LS BEDDING?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions