Active · per the CBE, 30 October 2026

LAVA GROUP

BE0424957493

Rechtspersoon Private limited company 1 establishment

LAVA GROUP is a machinery manufacturer in Wevelgem. Private Limited, started on 27 December 1983, 1 establishment.

Nijverheidslaan 25, 8560 Wevelgem

Behind the company: Kitec, Oppidum Invest.

Active for

42 year, 10 months

Warning lights

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

  • Negative equity NBB

    More debt than assets in 1 of the last 4 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

LAVA GROUP from Wevelgem, company number BE0424957493, closed financial year 2025 with a result of € -727,628 after tax. For that financial year LAVA GROUP recorded a gross margin of € 2.8 million and equity of € -268,522. Compared with financial year 2023, the result moved from € 53,640 to € -727,628. The company made a loss. 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 January 14, 2026.

What it is worth Caution

€ -268,522

▼ € 727,628 vs 2023

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

Loss Caution

€ -727,628

▼ still € 53,640 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 33,850

▼ 9% vs 2023

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 € -780,642.

People and assets in 2025

Full-time equivalents

24.5

▼ 2 vs 2023

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

Wage cost

€ 2.6 million

▲ 50% vs 2023

€ 106,500 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

€ 494,004

▼ 6% vs 2023

Of which on lease € 314,343.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 1.7 million

▼ 17% vs 2023

€ 439,708 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 947,560

▼ 26% vs 2023

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

Taxes and wages

€ 815,279

▲ 171% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2021202220232025Change 2023 → 2025
Gross margin € 1,985,347 € 2,017,663 € 2,227,104 € 2,802,016 ▲ 26%
Profit after taxes € 4,420 € 13,386 € 53,640 € -727,628 ▼ € 781,267
Equity € 141,961 € 155,347 € 459,106 € -268,522 ▼ € 727,628
Total debts € 3,805,594 € 3,685,578 € 3,896,451 € 3,549,094 ▼ 9%
Cash € 103,810 € 80,153 € 37,161 € 33,850 ▼ 9%
Land & buildings € 232,077 € 201,765 € 190,893 € 0 ▼ 100%
Retained profit € -134,629 € -116,372 € -57,866 € -780,642 ▼ € 722,775
Bank debt € 2,847,962 € 2,398,670 € 2,084,490 € 1,730,932 ▼ 17%
Balance sheet total € 3,947,555 € 3,840,925 € 4,355,557 € 3,280,573 ▼ 25%
Employees (FTE) 27.3 27 26.5 24.5 ▼ 2

Key figures of LAVA GROUP, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to LAVA GROUP?

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

  • New annual accounts for financial year 2025: loss of € 727,628 (▼ € 781,267 vs 2023). Source: NBB ↗
  • New establishment in Wevelgem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 4,420 profit in 2021 to € 727,628 loss in 2025.

Paid € 22,046 in corporate taxes since 2021.

Best year ever: 2023, with € 53,640 profit.

On average € 114,400 of value added per employee in 2025.

Management

The stake of OPPIDUM INVEST, KITEC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

LAVA GROUP

Behind LAVA GROUP are Kitec and Oppidum Invest. The shares are held by OPPIDUM INVEST (45%) and KITEC (45%). It owns 10% of C@PLAN (ex-Vermandere) itself.

Directors

According to the 2025 annual accounts

Kitec

Director · represented by Karel LAFOSSE

Oppidum Invest

Director · represented by Benjamin VANDORPE

Shareholders

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Nijverheidslaan 25

8560 Wevelgem

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

Details

Company number
0424.957.493
VAT number
BE 0424.957.493
Registered office
Nijverheidslaan 25, 8560 Wevelgem
Names & denominations
LAVA GROUP
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
27 December 1983
Peppol
Active · Active since 20 Nov 2020
Activities · NACE

Vervaardiging van machines voor de productie van voedings- en genotmiddelen

Groothandel in andere machines en werktuigen, neg

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Groothandel in diverse machines en uitrusting voor handel en dienstverlening, n.e.g.

Groothandel in andere machines en werktuigen, n.e.g.

Frequently asked questions

What does LAVA GROUP do?
LAVA GROUP is a machinery manufacturer in Wevelgem. Private Limited, started on 27 December 1983, 1 establishment.
What is the address of LAVA GROUP?
The registered office of LAVA GROUP is located at Nijverheidslaan 25, 8560 Wevelgem.
Is LAVA GROUP still active?
Yes. According to the CBE (30 October 2026) LAVA GROUP is active, legal situation “Normale toestand”, started on 27 December 1983.
Is LAVA GROUP registered on Peppol?
Yes, LAVA GROUP is registered on the Peppol network with ID 0208:0424957493.
What is the enterprise number of LAVA GROUP?
The enterprise number of LAVA GROUP is BE0424957493.
When was LAVA GROUP founded?
LAVA GROUP was founded on 27 December 1983.