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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
L.T.S. CERAMIC PRODUCTS from Merelbeke-Melle, company number BE0429019419, closed financial year 2025 with a result of € -11,938 after tax. For that financial year L.T.S. CERAMIC PRODUCTS recorded a gross margin of € 38,122 and equity of € 197,733. Compared with financial year 2024, the result moved from € -9,206 to € -11,938. The company made a loss. 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 May 29, 2026.
€ 197,733
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,938
▼ 30 % more loss than in 2024
Profit after tax over the fiscal year.
€ 33,804
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 179,141.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 973
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,500
Loans from banks and other lenders, long and short.
€ 141
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,259
▼ 35% 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 | € 133,081 | € 46,147 | € 41,634 | € 38,122 | ▼ 8% |
| Profit after taxes | € 67,753 | € -1,324 | € -9,206 | € -11,938 | ▼ € 2,732 |
| Equity | € 220,201 | € 218,877 | € 209,671 | € 197,733 | ▼ 6% |
| Total debts | € 182,205 | € 161,141 | € 189,656 | € 140,243 | ▼ 26% |
| Cash | € 24,890 | € 28,730 | € 61,013 | € 33,804 | ▼ 45% |
| Land & buildings | € 379,524 | € 346,881 | € 334,024 | € 299,345 | ▼ 10% |
| Retained profit | € 201,609 | € 200,285 | € 191,079 | € 179,141 | ▼ 6% |
| Bank debt | € 1,500 | € 1,500 | € 1,500 | € 1,500 | |
| Balance sheet total | € 413,719 | € 388,776 | € 405,531 | € 341,625 | ▼ 16% |
Key figures of L.T.S. CERAMIC PRODUCTS, 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 L.T.S. CERAMIC PRODUCTS?
What happened at L.T.S. CERAMIC PRODUCTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,938. Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,753 profit in 2022 to € 11,938 loss in 2025.
Paid € 28,067 in corporate taxes since 2022.
Best year ever: 2022, with € 67,753 profit.
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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 L.T.S. CERAMIC PRODUCTS is Magali Cornelis. Magali Cornelis is also behind MANA POEA.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Ijsvogelstraat 5
9820 Merelbeke-Melle
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
- 0429.019.419
- VAT number
- BE 0429.019.419
- Registered office
- Ijsvogelstraat 5, 9820 Merelbeke-Melle
- Names & denominations
- L.T.S. CERAMIC PRODUCTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 1986
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
Vervaardiging van keramische tegels en plavuizen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Schoonheidsverzorging en andere schoonheidsbehandelingen
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Groothandel in bouwmaterialen, algemeen assortiment
Handel in eigen onroerend goed
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
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