What does LG Participation do?

LG Participation is a wholesaler in Antwerpen. Private Limited, started on 26 May 1982, 1 establishment.

What is the address of LG Participation?

The registered office of LG Participation is located at Gorterstraat 12, 2000 Antwerpen.

Is LG Participation still active?

Yes. According to the CBE (1 October 2026) LG Participation is active, legal situation “Normale toestand”, started on 26 May 1982.

Is LG Participation registered on Peppol?

No, LG Participation is currently not registered on the Peppol network.

What is the enterprise number of LG Participation?

The enterprise number of LG Participation is BE0422772025.

When was LG Participation founded?

LG Participation was founded on 26 May 1982.

Who are the directors of LG Participation?

According to the 2023 annual accounts, the directors of LG Participation are: Gérard Fayolle.

Is LG Participation a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 May 1982; 3 annual accounts filed, latest fiscal year 2023; 1 directors known from the annual account.

How much profit did LG Participation make in 2023?

LG Participation recorded a loss after taxes of € 5,718 in financial year 2023.

What is the revenue of LG Participation?

As a small company, LG Participation is not required to publish revenue in its annual accounts. In financial year 2023, its added value was € -4,489.

LG Participation (Private Limited) - Antwerpen

Dossier LG Participation, printed on 1 October 2026 from databakkes.be/en/0422772025/lg-participation. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2022 and 2023.
Annual account missing NBB

Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2023

LG Participation from Antwerpen, company number BE0422772025, closed financial year 2023 with a result of € -5,718 after tax. For that financial year LG Participation recorded a gross margin of € -4,489 and equity of € 1.8 million. Compared with financial year 2022, the result moved from € -5,408 to € -5,718. 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 August 30, 2024.

What it is worth Healthy

€ 1.8 million

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

Loss Caution

€ -5,718

▼ 6 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 881

▲ 81% vs 2022

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.7 million.

Debts at end 2023

Bank debt

€ 39,043

Loans from banks and other lenders, long and short.

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	Change 2022 → 2023
Gross margin	€ -4,068 Gross margin 2021: € -4,068 First fiscal year in the series	€ -4,393 Gross margin 2022: € -4,393 ▼ € 325 vs 2021 (€ -4,068) Unfavourable step	€ -4,489 Gross margin 2023: € -4,489 ▼ € 96 vs 2022 (€ -4,393) Unfavourable step	▼ € 96
Profit after taxes	€ -5,082 Profit after taxes 2021: € -5,082 First fiscal year in the series	€ -5,408 Profit after taxes 2022: € -5,408 ▼ € 326 vs 2021 (€ -5,082) Unfavourable step	€ -5,718 Profit after taxes 2023: € -5,718 ▼ € 310 vs 2022 (€ -5,408) Unfavourable step	▼ € 310
Equity	€ 1,766,815 Equity 2021: € 1,766,815 First fiscal year in the series	€ 1,761,407 Equity 2022: € 1,761,407 Unchanged (€ 1,766,815) Unfavourable step	€ 1,755,689 Equity 2023: € 1,755,689 Unchanged (€ 1,761,407) Unfavourable step
Total debts	€ 44,855 Total debts 2021: € 44,855 First fiscal year in the series	€ 45,991 Total debts 2022: € 45,991 ▲ 3% vs 2021 (€ 44,855) Unfavourable step	€ 42,602 Total debts 2023: € 42,602 ▼ 7% vs 2022 (€ 45,991) Favourable step	▼ 7%
Cash	€ 760 Cash 2021: € 760 First fiscal year in the series	€ 488 Cash 2022: € 488 ▼ 36% vs 2021 (€ 760) Unfavourable step	€ 881 Cash 2023: € 881 ▲ 81% vs 2022 (€ 488) Favourable step	▲ 81%
Retained profit	€ 1,717,237 Retained profit 2021: € 1,717,237 First fiscal year in the series	€ 1,711,829 Retained profit 2022: € 1,711,829 Unchanged (€ 1,717,237) Unfavourable step	€ 1,706,111 Retained profit 2023: € 1,706,111 Unchanged (€ 1,711,829) Unfavourable step
Bank debt	€ 39,043 Bank debt 2021: € 39,043 First fiscal year in the series	€ 39,043 Bank debt 2022: € 39,043 Unchanged (€ 39,043) Unchanged	€ 39,043 Bank debt 2023: € 39,043 Unchanged (€ 39,043) Unchanged
Balance sheet total	€ 1,811,671 Balance sheet total 2021: € 1,811,671 First fiscal year in the series	€ 1,807,398 Balance sheet total 2022: € 1,807,398 Unchanged (€ 1,811,671) Unchanged	€ 1,798,291 Balance sheet total 2023: € 1,798,291 ▼ 1% vs 2022 (€ 1,807,398) Unchanged	▼ 1%

Key figures of LG Participation, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to LG Participation?

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

Aug 30, 2024 New annual accounts for financial year 2023: loss of € 5,718. filed late Source: NBB ↗
Jun 1, 1982 New establishment in Antwerpen. KBO
May 26, 1982 Start of the company according to the CBE. KBO

In short

From € 5,082 loss in 2021 to € 5,718 loss in 2023.

Original PDFs at the National Bank ↗

A new publication or filing at LG Participation? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Gérard Fayolle

LG Participation

Behind LG Participation is Gérard Fayolle.

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Directors

According to the 2023 annual accounts

Gérard Fayolle

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Gorterstraat 12

2000 Antwerpen

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

Details

Company number: 0422.772.025
VAT number: BE 0422.772.025
Registered office: Gorterstraat 12, 2000 Antwerpen
Names & denominations: LG Participation
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 26 May 1982
Peppol: Not registered
Activities · NACE: Groothandel in ijzerwaren

View on CBE Public ↗ Annual accounts (NBB) ↗