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 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LIETAER-VANHEEDE from Kortrijk, company number BE0426927187, closed financial year 2025 with a result of € -959 after tax. For that financial year LIETAER-VANHEEDE recorded a gross margin of € 127,581 and equity of € 753,742. Compared with financial year 2024, the result moved from € 118,527 to € -959. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 753,742
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -959
▼ still € 118,527 profit in 2024
Profit after tax over the fiscal year.
€ 23,464
▲ 138% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 692,242.
People and assets in 2025
€ 7,101
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 9% vs 2024
€ 139,537 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 13,858
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,829
▼ 61% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 211,348 | € 399,544 | € 292,318 | € 127,581 | ▼ 56% |
| Profit after taxes | € 80,282 | € 211,989 | € 118,527 | € -959 | ▼ € 119,486 |
| Equity | € 424,185 | € 636,173 | € 754,700 | € 753,742 | |
| Total debts | € 2,023,911 | € 2,075,893 | € 2,002,723 | € 1,756,611 | ▼ 12% |
| Cash | € 13,161 | € 15,846 | € 9,846 | € 23,464 | ▲ 138% |
| Land & buildings | € 2,005,476 | € 1,983,923 | € 1,988,334 | € 1,966,781 | ▼ 1% |
| Retained profit | € 362,685 | € 574,673 | € 693,200 | € 692,242 | |
| Bank debt | € 1,613,217 | € 1,652,325 | € 1,515,363 | € 1,377,124 | ▼ 9% |
| Balance sheet total | € 2,471,948 | € 2,733,685 | € 2,774,272 | € 2,522,431 | ▼ 9% |
Key figures of LIETAER-VANHEEDE, 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 LIETAER-VANHEEDE?
What happened at LIETAER-VANHEEDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 959 (▼ € 119,486 vs 2024). filed late Source: NBB ↗
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 80,282 profit in 2022 to € 959 loss in 2025.
Paid € 124,437 in corporate taxes since 2022.
Best year ever: 2023, with € 211,989 profit.
A new publication or filing at LIETAER-VANHEEDE? We notify you, reason included.
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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
The stake of Miedevia comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LIETAER-VANHEEDEBehind LIETAER-VANHEEDE are Edward Vercruysse and Michiel Vercruysse. The shares are held by Miedevia (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Morinnestraat(Kor) 90
8500 Kortrijk
Bedevaartweg 55
8930 Menen
Active since 30 January 1985
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
- 0426.927.187
- VAT number
- BE 0426.927.187
- Registered office
- Morinnestraat(Kor) 90, 8500 Kortrijk
- Names & denominations
- LIETAER-VANHEEDE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 1985
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden
Landschapsverzorging
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken