Financials
Financial year 2025
Lic from Oostende, company number BE0408161647, closed financial year 2025 with a result of € 30,651 after tax. For that financial year Lic recorded a gross margin of € 58,075 and equity of € 22,169. Compared with financial year 2024, the result moved from € 27,246 to € 30,651. 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 13, 2026.
€ 22,169
▲ € 30,651 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,651
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 13,336
▲ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -69,845.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 18,784
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5,331
▼ 83% vs 2024
Loans from banks and other lenders, long and short.
€ 1,597
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,306
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 271,559 | € 67,871 | € 58,000 | € 58,075 | |
| Profit after taxes | € 202,403 | € 1,268 | € 27,246 | € 30,651 | ▲ 12% |
| Equity | € -36,997 | € -35,729 | € -8,483 | € 22,169 | ▲ € 30,651 |
| Total debts | € 448,208 | € 401,107 | € 356,743 | € 317,959 | ▼ 11% |
| Cash | € 5,724 | € 10,777 | € 8,134 | € 13,336 | ▲ 64% |
| Land & buildings | € 95,988 | € 56,494 | € 53,105 | € 51,151 | ▼ 4% |
| Retained profit | € -129,010 | € -127,742 | € -100,496 | € -69,845 | ▲ € 30,651 |
| Bank debt | € 89,387 | € 60,553 | € 30,967 | € 5,331 | ▼ 83% |
| Balance sheet total | € 411,211 | € 365,378 | € 348,261 | € 340,128 | ▼ 2% |
Key figures of Lic, 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 Lic?
What happened at Lic in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Xavier Thomas stepped down as director. NBB
- Willianne Genillier stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 30,651 (▲ 12% vs 2024). Source: NBB ↗
- Xavier Thomas became a director. NBB
- Willianne Genillier became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 202,403 profit in 2022 to € 30,651 profit in 2025.
Paid € 2,267 in corporate taxes since 2022.
Best year ever: 2022, with € 202,403 profit.
Management
It owns 50% of ILC NV itself.
Directors
According to the 2025 annual accounts
Xavier Thomas
Director
since 2023 · until 2029
Willianne Genillier
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Leegaardsdijk 8
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0408.161.647
- VAT number
- BE 0408.161.647
- Registered office
- Leegaardsdijk 8, 8400 Oostende
- Names & denominations
- Lic
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 1971
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Vervaardiging van koffers, tassen, zadel- en tuigmakerswerk van ongeacht welk materiaal
Vervaardiging van koffers, tassen en dergelijke, zadel- en tuigmakerswerk
Groothandel in lederwaren en reisartikelen
Detailhandel in lederwaren en reisartikelen