Financials
Financial year 2025
LUBACO from Ranst, company number BE0426985189, closed financial year 2025 with a result of € 54,646 after tax. For that financial year LUBACO recorded revenue of € 1.2 million and equity of € 563,258. Compared with financial year 2024, the result moved from € 73,665 to € 54,646. The company is profitable. 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 July 1, 2026.
€ 563,258
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,646
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 153,228
▲ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 54,396 paid out
100 % of the profit went to the shareholders, mostly to VAB WEGENWACHT NV (100 % of the shares). That is where the money ends up.
People and assets in 2025
1.4
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 79,259
▼ 51% vs 2024
€ 56,600 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.
€ 16,800
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 92,309
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.
€ 31,688
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 776,848 | € 1,009,168 | € 1,062,607 | € 1,206,162 | ▲ 14% |
| Profit after taxes | € -60,114 | € 71,424 | € 73,665 | € 54,646 | ▼ 26% |
| Equity | € 418,169 | € 489,592 | € 563,258 | € 563,258 | |
| Total debts | € 290,223 | € 230,614 | € 146,038 | € 183,622 | ▲ 26% |
| Cash | € 125,207 | € 176,005 | € 116,074 | € 153,228 | ▲ 32% |
| Land & buildings | € 293,650 | € 276,519 | € 260,485 | € 261,220 | |
| Retained profit | € 48,630 | € 120,053 | € 193,719 | € 193,719 | |
| Dividend | € 0 | € 0 | € 0 | € 54,396 | |
| Balance sheet total | € 708,391 | € 720,206 | € 709,295 | € 746,880 | ▲ 5% |
| Employees (FTE) | 1.8 | 2.3 | 2.8 | 1.4 | ▼ 1.4 |
Key figures of LUBACO, 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 LUBACO?
What happened at LUBACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 54,646 (▼ 26% vs 2024). Source: NBB ↗
- Michael Gabriëls stepped down as director. NBB
- Nele Vandaele stepped down as director. NBB
- Michael Gabriëls became a director. NBB
- Nele Vandaele became a director. NBB
- Geert Markey became a director. NBB
- New establishment in Ranst. KBO
- Start of the company according to the CBE. KBO
In short
From € 60,114 loss in 2022 to € 54,646 profit in 2025.
Paid € 15,597 in corporate taxes since 2022.
Best year ever: 2024, with € 73,665 profit.
Paid out € 54,396 in dividends to the owners in total.
Management
Behind LUBACO is Geert Markey. The shares are held by VAB WEGENWACHT NV (100%).
Directors
According to the 2025 annual accounts
Geert Markey
Director
Also active at: DEPANNAGE 2000, VAB Training & Consult, VAB, VAB Rijschool, TRAJECT, Groep VAB, VAB Banden, OPTIMOBIL BELGIUM +3 more
since 2018
Michael Gabriëls
Director
Also active at: DEPANNAGE 2000, VAB Training & Consult, VAB, VAB Rijschool, Groep VAB, VAB, VAB Automotive Solutions
since 2025 · until 2026
Nele Vandaele
Chairman of the board
Also active at: Agentuur voor Brandherverzekering, DEPANNAGE 2000, VAB Training & Consult, VAB, VAB Rijschool, Groep VAB, VAB Banden, VAB +1 more
since 2025 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Liersesteenweg 174
2520 Ranst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
TELENET-AS, BE
Website info
Features
Security
Details
- Company number
- 0426.985.189
- VAT number
- BE 0426.985.189
- Registered office
- Liersesteenweg 174, 2520 Ranst
- Names & denominations
- LUBACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 March 1985
- Peppol
- Active · Active since 24 Nov 2025
- Contact
- vabbanden.be
- Activities · NACE
Detailhandel in onderdelen en accessoires van motorvoertuigen
Kleinhandel in onderdelen en accessoires van auto's