LMIT is a wholesaler in Sint-Lambrechts-Woluwe. Public Limited, started on 29 November 1971, 1 establishment.

What is the address of LMIT?

The registered office of LMIT is located at Steenweg op Leuven 1230, 1200 Sint-Lambrechts-Woluwe.

Is LMIT still active?

Yes. According to the CBE (31 October 2026) LMIT is active, legal situation “Normale toestand”, started on 29 November 1971.

Is LMIT registered on Peppol?

Yes, LMIT is registered on the Peppol network with ID 0208:0411599110.

What is the enterprise number of LMIT?

The enterprise number of LMIT is BE0411599110.

When was LMIT founded?

LMIT was founded on 29 November 1971.

Who are the directors of LMIT?

According to the 2025 annual accounts, the directors of LMIT are: GUNES, Ilyas MUTLU.

Is LMIT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 November 1971; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did LMIT make in 2025?

LMIT posted a profit after taxes of € 161,438 in financial year 2025.

What is the revenue of LMIT?

As a small company, LMIT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 776,678.

How much does an employee at LMIT earn?

The average wage cost per full-time employee at LMIT was € 54,400 in 2025: staff costs of € 239,561 for 4.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does LMIT have?

According to the 2025 annual accounts, LMIT has 4.4 full-time equivalents (FTE).

LMIT (Public Limited) - Sint-Lambrechts-Woluwe

Dossier LMIT, printed on 31 October 2026 from databakkes.be/en/0411599110/lmit. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

LMIT from Sint-Lambrechts-Woluwe, company number BE0411599110, closed financial year 2025 with a result of € 161,438 after tax. For that financial year LMIT recorded a gross margin of € 776,678 and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 22,152 to € 161,438. 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 6, 2026.

What it is worth Growing

€ 2.5 million

▲ 6% vs 2024

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

Profit Growing

€ 161,438

▲ € 139,286 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 55,586

▼ 8% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.3 million.

People and assets in 2025

Full-time equivalents

4.4

▲ 0.4 vs 2024

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

Wage cost

€ 239,561

▲ 7% vs 2024

€ 54,400 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

€ 79,440

▼ 30% vs 2024

Of which on lease € 73,685.

Debts at end 2025

Bank debt ≈ 9 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.

€ 2.8 million

▼ 9% vs 2024

€ 276,152 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 1.4 million

▲ 80% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 22,100

▲ 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
Gross margin	€ 148,283 Gross margin 2022: € 148,283 First fiscal year in the series	€ 173,910 Gross margin 2023: € 173,910 ▲ 17% vs 2022 (€ 148,283) Favourable step	€ 636,237 Gross margin 2024: € 636,237 ▲ 266% vs 2023 (€ 173,910) Favourable step	€ 776,678 Gross margin 2025: € 776,678 ▲ 22% vs 2024 (€ 636,237) Favourable step	▲ 22%
Profit after taxes	€ -38,096 Profit after taxes 2022: € -38,096 First fiscal year in the series	€ -182,423 Profit after taxes 2023: € -182,423 ▼ € 144,327 vs 2022 (€ -38,096) Unfavourable step	€ 22,152 Profit after taxes 2024: € 22,152 ▲ € 204,575 vs 2023 (€ -182,423) Favourable step	€ 161,438 Profit after taxes 2025: € 161,438 ▲ € 139,286 vs 2024 (€ 22,152) Favourable step	▲ € 139,286
Equity	€ 2,563,355 Equity 2022: € 2,563,355 First fiscal year in the series	€ 2,376,769 Equity 2023: € 2,376,769 ▼ 7% vs 2022 (€ 2,563,355) Unfavourable step	€ 2,390,829 Equity 2024: € 2,390,829 ▲ 1% vs 2023 (€ 2,376,769) Favourable step	€ 2,544,175 Equity 2025: € 2,544,175 ▲ 6% vs 2024 (€ 2,390,829) Favourable step	▲ 6%
Total debts	€ 2,799,968 Total debts 2022: € 2,799,968 First fiscal year in the series	€ 3,528,675 Total debts 2023: € 3,528,675 ▲ 26% vs 2022 (€ 2,799,968) Unfavourable step	€ 3,961,540 Total debts 2024: € 3,961,540 ▲ 12% vs 2023 (€ 3,528,675) Unfavourable step	€ 4,327,419 Total debts 2025: € 4,327,419 ▲ 9% vs 2024 (€ 3,961,540) Unfavourable step	▲ 9%
Cash	€ 13,127 Cash 2022: € 13,127 First fiscal year in the series	€ 19,399 Cash 2023: € 19,399 ▲ 48% vs 2022 (€ 13,127) Favourable step	€ 60,216 Cash 2024: € 60,216 ▲ 210% vs 2023 (€ 19,399) Favourable step	€ 55,586 Cash 2025: € 55,586 ▼ 8% vs 2024 (€ 60,216) Unfavourable step	▼ 8%
Land & buildings	€ 3,933,780 Land & buildings 2022: € 3,933,780 First fiscal year in the series	€ 3,889,982 Land & buildings 2023: € 3,889,982 ▼ 1% vs 2022 (€ 3,933,780) Unchanged	€ 3,678,008 Land & buildings 2024: € 3,678,008 ▼ 5% vs 2023 (€ 3,889,982) Unchanged	€ 3,462,398 Land & buildings 2025: € 3,462,398 ▼ 6% vs 2024 (€ 3,678,008) Unchanged	▼ 6%
Retained profit	€ 2,258,934 Retained profit 2022: € 2,258,934 First fiscal year in the series	€ 2,076,511 Retained profit 2023: € 2,076,511 ▼ 8% vs 2022 (€ 2,258,934) Unfavourable step	€ 2,098,663 Retained profit 2024: € 2,098,663 ▲ 1% vs 2023 (€ 2,076,511) Favourable step	€ 2,260,102 Retained profit 2025: € 2,260,102 ▲ 8% vs 2024 (€ 2,098,663) Favourable step	▲ 8%
Bank debt	€ 2,599,087 Bank debt 2022: € 2,599,087 First fiscal year in the series	€ 2,535,317 Bank debt 2023: € 2,535,317 ▼ 2% vs 2022 (€ 2,599,087) Favourable step	€ 3,079,731 Bank debt 2024: € 3,079,731 ▲ 21% vs 2023 (€ 2,535,317) Unfavourable step	€ 2,810,640 Bank debt 2025: € 2,810,640 ▼ 9% vs 2024 (€ 3,079,731) Favourable step	▼ 9%
Balance sheet total	€ 6,015,849 Balance sheet total 2022: € 6,015,849 First fiscal year in the series	€ 6,530,842 Balance sheet total 2023: € 6,530,842 ▲ 9% vs 2022 (€ 6,015,849) Unchanged	€ 6,949,331 Balance sheet total 2024: € 6,949,331 ▲ 6% vs 2023 (€ 6,530,842) Unchanged	€ 7,440,118 Balance sheet total 2025: € 7,440,118 ▲ 7% vs 2024 (€ 6,949,331) Unchanged	▲ 7%
Employees (FTE)	-	0.8 Employees (FTE) 2023: 0.8 First fiscal year in the series	4 Employees (FTE) 2024: 4 ▲ 3.2 vs 2023 (0.8) Unchanged	4.4 Employees (FTE) 2025: 4.4 ▲ 0.4 vs 2024 (4) Unchanged	▲ 0.4

Key figures of LMIT, 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 LMIT?

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

2027 GUNES stepped down as director. NBB
2027 Ilyas MUTLU stepped down as director. NBB
Jul 6, 2026 New annual accounts for financial year 2025: profit of € 161,438 (▲ € 139,286 vs 2024). Source: NBB ↗
2021 GUNES became a director. NBB
2021 Ilyas MUTLU became a director. NBB
Nov 29, 1971 Start of the company according to the CBE. KBO
Nov 1, 1971 New establishment in Sint-Lambrechts-Woluwe. KBO

In short

From € 38,096 loss in 2022 to € 161,438 profit in 2025.

Paid € 18,077 in corporate taxes since 2022.

Best year ever: 2025, with € 161,438 profit.

On average € 176,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

GUNES SRL 100%

LMIT

The shares are held by GUNES SRL (100%).

Directors

According to the 2025 annual accounts

GUNES

Director, Managing director · represented by Ilyas MUTLU

Also active at: CRACO

since 2021 · until 2027

Ilyas MUTLU

Director

Owns 99.9% via GUNES SRL

Also active at: Exobois, SERVITECH OUTILLAGES, CRACO, ANCIENS ETABLISSEMENTS RENE WATTEAU, TIGRIS BUILDING SOLUTIONS

since 2021 · until 2027

Shareholders

GUNES SRL · holding of Ilyas MUTLU

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Steenweg op Leuven 1230

1200 Sint-Lambrechts-Woluwe

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

Details

Company number

0411.599.110

VAT number

BE 0411.599.110

Registered office

Steenweg op Leuven 1230, 1200 Sint-Lambrechts-Woluwe

Names & denominations

LMIT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

29 November 1971

Peppol

Active · Active since 8 Sept 2025

Activities · NACE

Groothandel in hout

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Groothandel in bouwmaterialen, algemeen assortiment

View on CBE Public ↗ Annual accounts (NBB) ↗

LMIT

Financials

What happened to LMIT?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions