Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LETOILE from Maasmechelen, company number BE0427909065, closed financial year 2025 with a result of € -679,181 after tax. For that financial year LETOILE recorded a gross margin of € -487,040 and equity of € -1.5 million. Compared with financial year 2024, the result moved from € -191,911 to € -679,181. 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 August 26, 2026.
€ -1.5 million
▼ € 679,182 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -679,181
▼ 254 % more loss than in 2024
Profit after tax over the fiscal year.
€ 14,806
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.3 million.
People and assets in 2025
€ 92,342
▲ 60% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 149,126
▼ 8% 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.
€ 163
▲ 3% vs 2024
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 | € -23,309 | € -343,360 | € -24,657 | € -487,040 | ▼ € 462,383 |
| Profit after taxes | € -243,033 | € -494,887 | € -191,911 | € -679,181 | ▼ € 487,270 |
| Equity | € -88,059 | € -582,946 | € -774,858 | € -1,454,039 | ▼ € 679,182 |
| Total debts | € 1,736,077 | € 1,735,584 | € 1,817,623 | € 2,194,268 | ▲ 21% |
| Cash | € 482,791 | € 46,113 | € 78,572 | € 14,806 | ▼ 81% |
| Land & buildings | € 301,945 | € 258,707 | € 219,639 | € 180,572 | ▼ 18% |
| Retained profit | € -886,059 | € -1,380,946 | € -1,572,858 | € -2,252,039 | ▼ € 679,182 |
| Balance sheet total | € 1,648,018 | € 1,152,638 | € 1,042,766 | € 740,229 | ▼ 29% |
Key figures of LETOILE, 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 LETOILE?
What happened at LETOILE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 679,182. filed late Source: NBB ↗
- New establishment in Zutendaal. KBO
- Start of the company according to the CBE. KBO
In short
From € 243,033 loss in 2022 to € 679,182 loss in 2025.
Paid € 4,224 in corporate taxes since 2022.
Management
Behind LETOILE is ERIK BOYEN .
Directors
According to the 2025 annual accounts
ERIK BOYEN
Director
Establishments
Establishment units
Physical locations of this company
St-Pietersstraat(L) 114
3630 Maasmechelen
Jagersstraat 3
3690 Zutendaal
Active since 18 January 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.909.065
- VAT number
- BE 0427.909.065
- Registered office
- St-Pietersstraat(L) 114, 3630 Maasmechelen
- Names & denominations
- LETOILE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 1985
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
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