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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
LIETEX from Erpe-Mere, company number BE0420538253, closed financial year 2024 with a result of € 21,748 after tax. For that financial year LIETEX recorded a gross margin of € 44,697 and equity of € -179,511. Compared with financial year 2023, the result moved from € 9,388 to € 21,748. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2025.
€ -179,511
▲ € 21,748 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,748
▲ 132% vs 2023
Profit after tax over the fiscal year.
€ 2,914
▲ 31% 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 € -555,162.
People and assets in 2024
€ 8,227
▼ 46% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 56,227
▼ 25% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,737
▼ 30% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 36,104 | € 22,631 | € 33,084 | € 44,697 | ▲ 35% |
| Profit after taxes | € 7,602 | € -2,713 | € 9,388 | € 21,748 | ▲ 132% |
| Equity | € -207,934 | € -210,647 | € -201,259 | € -179,511 | ▲ € 21,748 |
| Total debts | € 370,792 | € 375,807 | € 365,865 | € 329,425 | ▼ 10% |
| Cash | € 4,302 | € 1,899 | € 2,226 | € 2,914 | ▲ 31% |
| Retained profit | € -583,585 | € -586,298 | € -576,910 | € -555,162 | ▲ € 21,748 |
| Bank debt | € 31,491 | € 19,301 | € 7,111 | € 0 | ▼ 100% |
| Balance sheet total | € 162,858 | € 165,160 | € 164,606 | € 149,914 | ▼ 9% |
Key figures of LIETEX, 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 LIETEX?
What happened at LIETEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Peter LIEVENS stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 21,748 (▲ 132% vs 2023). filed late Source: NBB ↗
- Peter LIEVENS became a director. NBB
- New establishment in Erpe-Mere. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,602 profit in 2021 to € 21,748 profit in 2024.
Paid € 3,184 in corporate taxes since 2021.
Best year ever: 2024, with € 21,748 profit.
Management
Directors
According to the 2024 annual accounts
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Gentsesteenweg 362
9420 Erpe-Mere
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
- 0420.538.253
- VAT number
- BE 0420.538.253
- Registered office
- Gentsesteenweg 362, 9420 Erpe-Mere
- Names & denominations
- LIETEX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 1980
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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