Financials
Financial year 2025
Bureau d'Etudes Lhoest et Mahiels from Seraing, company number BE0421425408, closed financial year 2025 with a result of € -12,783 after tax. For that financial year Bureau d'Etudes Lhoest et Mahiels recorded a gross margin of € 28,894 and equity of € 500,132. Compared with financial year 2024, the result moved from € 48,770 to € -12,783. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 500,132
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,783
▼ still € 48,770 profit in 2024
Profit after tax over the fiscal year.
€ 70,685
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 355,540.
People and assets in 2025
€ 24,650
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,256
Supplier invoices still open on the last day of the fiscal year.
€ 2,744
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 71,458 | € 48,175 | € 68,679 | € 28,894 | ▼ 58% |
| Profit after taxes | € 40,312 | € 31,579 | € 48,770 | € -12,783 | ▼ € 61,553 |
| Equity | € 432,567 | € 464,146 | € 512,915 | € 500,132 | ▼ 2% |
| Total debts | € 8,560 | € 14,111 | € 2,006 | € 4,000 | ▲ 99% |
| Cash | € 200,922 | € 376,806 | € 391,369 | € 70,685 | ▼ 82% |
| Retained profit | € 287,975 | € 319,554 | € 368,323 | € 355,540 | ▼ 3% |
| Balance sheet total | € 441,127 | € 478,257 | € 514,921 | € 504,132 | ▼ 2% |
Key figures of Bureau d'Etudes Lhoest et Mahiels, 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 Bureau d'Etudes Lhoest et Mahiels?
What happened at Bureau d'Etudes Lhoest et Mahiels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,783 (▼ € 61,553 vs 2024). Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,312 profit in 2022 to € 12,783 loss in 2025.
Paid € 54,287 in corporate taxes since 2022.
Best year ever: 2024, with € 48,770 profit.
Management
Behind Bureau d'Etudes Lhoest et Mahiels is Francis Lhoest.
Directors
According to the 2025 annual accounts
Francis Lhoest
Director
Establishments
Establishment units
Physical locations of this company
Rue des Nations 51
4102 Seraing
Rue Vaudrée 20
4031 Liège
Active since 1 January 1981
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.425.408
- VAT number
- BE 0421.425.408
- Registered office
- Rue des Nations 51, 4102 Seraing
- Names & denominations
- Bureau d'Etudes Lhoest et Mahiels
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1981
- Peppol
- Active · Active since 11 Jun 2026
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