Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 7 to 4.5.
Financials
Financial year 2024
LAGAET ALBERT EN ZOON from Lochristi, company number BE0428731387, closed financial year 2024 with a result of € 107,771 after tax. For that financial year LAGAET ALBERT EN ZOON recorded a gross margin of € 469,133 and equity of € 1.6 million. Compared with financial year 2023, the result moved from € 70,584 to € 107,771. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 1.6 million
▲ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 107,771
▲ 53% vs 2023
Profit after tax over the fiscal year.
€ 596,590
▲ 35% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 76,000 paid out
71 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
4.5
▼ 1.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 278,035
▼ 11% vs 2023
€ 61,800 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.
€ 32,063
▼ 29% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 51,703
▼ 8% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 60,472
▲ 32% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 525,627 | € 581,968 | € 474,873 | € 469,133 | ▼ 1% |
| Profit after taxes | € 77,043 | € 117,893 | € 70,584 | € 107,771 | ▲ 53% |
| Equity | € 1,416,235 | € 1,477,627 | € 1,548,212 | € 1,579,983 | ▲ 2% |
| Total debts | € 155,667 | € 307,014 | € 137,579 | € 191,869 | ▲ 39% |
| Cash | € 348,777 | € 255,667 | € 442,332 | € 596,590 | ▲ 35% |
| Land & buildings | € 118,580 | € 152,697 | € 140,676 | € 137,343 | ▼ 2% |
| Retained profit | € 1,397,643 | € 1,459,035 | € 1,529,620 | € 1,561,391 | ▲ 2% |
| Dividend | € 0 | € 56,500 | € 0 | € 76,000 | |
| Balance sheet total | € 1,571,902 | € 1,784,641 | € 1,685,790 | € 1,771,853 | ▲ 5% |
| Employees (FTE) | 7 | 7 | 6 | 4.5 | ▼ 1.5 |
Key figures of LAGAET ALBERT EN ZOON, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LAGAET ALBERT EN ZOON?
What happened at LAGAET ALBERT EN ZOON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 107,771 (▲ 53% vs 2023). filed late Source: NBB ↗
- Tim Lagaet became a director. NBB
- New establishment in Lochristi. KBO
- Start of the company according to the CBE. KBO
In short
From € 77,043 profit in 2021 to € 107,771 profit in 2024.
Paid € 149,025 in corporate taxes since 2021.
Best year ever: 2022, with € 117,893 profit.
On average € 104,300 of value added per employee in 2024.
A new publication or filing at LAGAET ALBERT EN ZOON? 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
Behind LAGAET ALBERT EN ZOON are Patrick Lagaet and Tim Lagaet.
Directors
According to the 2024 annual accounts
Patrick Lagaet
Director
Tim Lagaet
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Smalle Heerweg 14
9080 Lochristi
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.731.387
- VAT number
- BE 0428.731.387
- Registered office
- Smalle Heerweg 14, 9080 Lochristi
- Names & denominations
- LAGAET ALBERT EN ZOON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 1986
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van machines voor de landbouw en de bosbouw
Vervaardiging van overige machines voor de landbouw en de bosbouw
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Vervaardiging van metalen constructiewerken en delen daarvan