Financials
Financial year 2025
LIMBURGS GALVANO TECHNISCH BEDRIJF from Hasselt, company number BE0428346159, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year LIMBURGS GALVANO TECHNISCH BEDRIJF recorded a gross margin of € 3.8 million and equity of € 981,679. Compared with financial year 2024, the result moved from € 1.1 million to € 1.1 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 981,679
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 508,395
▲ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.3 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
31.1
▲ 4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 25% vs 2024
€ 57,600 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.
€ 150,919
▲ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▼ 7% vs 2024
€ 102,270 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 338,760
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 289,754
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,992,970 | € 3,309,361 | € 3,327,160 | € 3,796,269 | ▲ 14% |
| Profit after taxes | € 1,332,979 | € 1,286,904 | € 1,050,482 | € 1,122,039 | ▲ 7% |
| Equity | € 1,021,196 | € 1,288,222 | € 1,124,097 | € 981,679 | ▼ 13% |
| Total debts | € 2,278,674 | € 3,499,441 | € 3,496,275 | € 3,477,350 | ▼ 1% |
| Cash | € 796,447 | € 447,951 | € 311,550 | € 508,395 | ▲ 63% |
| Land & buildings | € 660,579 | € 658,820 | € 644,927 | € 654,469 | ▲ 1% |
| Retained profit | € 284,827 | € 566,434 | € 416,916 | € 288,955 | ▼ 31% |
| Dividend | € 1,785,757 | € 1,000,000 | € 1,200,000 | € 1,250,000 | ▲ 4% |
| Bank debt | € 0 | € 1,851,539 | € 1,723,851 | € 1,598,183 | ▼ 7% |
| Balance sheet total | € 3,555,272 | € 5,033,767 | € 4,828,929 | € 4,658,544 | ▼ 4% |
| Employees (FTE) | 22.3 | 22.4 | 27.1 | 31.1 | ▲ 4 |
Key figures of LIMBURGS GALVANO TECHNISCH BEDRIJF, 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 LIMBURGS GALVANO TECHNISCH BEDRIJF?
What happened at LIMBURGS GALVANO TECHNISCH BEDRIJF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Magni BV stepped down as director. NBB
- Towkay BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 7% vs 2024). Source: NBB ↗
- Magni BV became a director. NBB
- Towkay BV became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million profit in 2022 to € 1.1 million profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.3 million profit.
On average € 122,100 of value added per employee in 2025.
Management
The stake of COREOLIS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LIMBURGS GALVANO TECHNISCH BEDRIJFThe shares are held by COREOLIS (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
Albertkanaalstraat 139
3511 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0428.346.159
- VAT number
- BE 0428.346.159
- Registered office
- Albertkanaalstraat 139, 3511 Hasselt
- Names & denominations
- LIMBURGS GALVANO TECHNISCH BEDRIJF · L.G.T.B.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 January 1986
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Coating van metalen
Oppervlaktebehandeling en bekleding van metaal
Algemene metaalbewerking
Verspanend bewerken van metalen
Oppervlaktebehandeling van metalen
Vervaardiging van ijzer en staal en van ferrolegeringen
Groothandel in ijzerwaren
Vervaardiging van metalen ramen, deuren, wanden en dergelijke
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