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 18 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 6.7 to 4.7.
Financials
Financial year 2024
Meubelen Loncin from Zoutleeuw, company number BE0413043024, closed financial year 2024 with a result of € 21,061 after tax. For that financial year Meubelen Loncin recorded a gross margin of € 322,158 and equity of € 559,827. Compared with financial year 2023, the result moved from € -57,386 to € 21,061. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2025.
€ 559,827
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,061
▲ still € 57,386 loss in 2023
Profit after tax over the fiscal year.
€ 111,549
▲ 152% 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 € 69,761.
People and assets in 2024
4.7
▼ 1.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 191,236
▼ 6% vs 2023
€ 40,700 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.
€ 3,787
▼ 54% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.1 million
▼ 6% vs 2023
€ 83,027 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 434,194
▼ 13% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 91,158
▼ 8% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 2,901,810 | - | |
| Gross margin | € 267,549 | € 296,219 | € 241,263 | € 322,158 | ▲ 34% |
| Profit after taxes | € 14,467 | € 18,642 | € -57,386 | € 21,061 | ▲ € 78,447 |
| Equity | € 582,510 | € 596,152 | € 538,766 | € 559,827 | ▲ 4% |
| Total debts | € 1,825,868 | € 1,623,363 | € 1,821,723 | € 1,725,440 | ▼ 5% |
| Cash | € 63,205 | € 74,163 | € 44,295 | € 111,549 | ▲ 152% |
| Retained profit | € 92,444 | € 106,086 | € 48,701 | € 69,761 | ▲ 43% |
| Dividend | € 0 | € 5,000 | € 0 | € 0 | |
| Bank debt | € 1,111,067 | € 995,576 | € 1,177,631 | € 1,105,725 | ▼ 6% |
| Balance sheet total | € 2,408,378 | € 2,219,514 | € 2,360,489 | € 2,285,267 | ▼ 3% |
| Employees (FTE) | 5.2 | 6.7 | 6.1 | 4.7 | ▼ 1.4 |
Key figures of Meubelen Loncin, 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 Meubelen Loncin?
What happened at Meubelen Loncin in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 21,061. filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- New establishment in Leuven. KBO
- New establishment in Zoutleeuw. KBO
- Start of the company according to the CBE. KBO
- New establishment in Zoutleeuw. KBO
In short
From € 14,467 profit in 2021 to € 21,061 profit in 2024.
Paid € 18,166 in corporate taxes since 2021.
Best year ever: 2024, with € 21,061 profit.
On average € 68,500 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Meubelen Loncin are Glenn LONCIN, Ditri LONCIN and Arly LONCIN.
Directors
According to the 2024 annual accounts
Glenn LONCIN
Director
Ditri LONCIN
Director
Arly LONCIN
Director
Establishments
Establishment units
Physical locations of this company
Grote Steenweg 85
3440 Zoutleeuw
Diestsestraat 242
3000 Leuven
Active since 26 June 2000
Grote Steenweg 116A
3440 Zoutleeuw
Active since 2 March 1973
Genkersteenweg 195
3500 Hasselt
Active since 1 June 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.043.024
- VAT number
- BE 0413.043.024
- Registered office
- Grote Steenweg 85, 3440 Zoutleeuw
- Names & denominations
- Meubelen Loncin
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 1973
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Groothandel in niet-elektrische huishoudelijke artikelen
Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten
Detailhandel in huismeubilair
Detailhandel in meubels
Detailhandel in huismeubilair in gespecialiseerde winkels