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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
LYGO from Knokke-Heist, company number BE0434613250, closed financial year 2025 with a result of € 896,112 after tax. For that financial year LYGO recorded a gross margin of € 1.5 million and equity of € 9.7 million. Compared with financial year 2024, the result moved from € 379,231 to € 896,112. 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 July 29, 2026.
€ 9.7 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 896,112
▲ 136% vs 2024
Profit after tax over the fiscal year.
€ 493,072
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5.5 million.
Debts at end 2025
€ 2.7 million
Loans from banks and other lenders, long and short.
€ 74,550
▲ € 74,165 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 93,037
▲ 107% 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 | € 1,500,906 | € 1,208,326 | € 1,289,363 | € 1,452,646 | ▲ 13% |
| Profit after taxes | € 343,938 | € 427,801 | € 379,231 | € 896,112 | ▲ 136% |
| Equity | € 8,046,119 | € 8,473,920 | € 8,853,151 | € 9,749,263 | ▲ 10% |
| Total debts | € 2,862,535 | € 2,847,137 | € 2,876,808 | € 3,026,452 | ▲ 5% |
| Cash | € 218,290 | € 362,845 | € 452,869 | € 493,072 | ▲ 9% |
| Land & buildings | € 8,448,980 | € 7,990,037 | € 8,940,876 | € 8,586,889 | ▼ 4% |
| Retained profit | € 3,820,479 | € 4,248,280 | € 4,627,511 | € 5,523,623 | ▲ 19% |
| Bank debt | € 2,764,648 | € 2,733,148 | € 2,733,148 | € 2,733,148 | |
| Balance sheet total | € 10,908,653 | € 11,321,056 | € 11,729,959 | € 12,775,715 | ▲ 9% |
Key figures of LYGO, 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 LYGO?
What happened at LYGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 896,112 (▲ 136% vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 343,938 profit in 2022 to € 896,112 profit in 2025.
Paid € 596,140 in corporate taxes since 2022.
Best year ever: 2025, with € 896,112 profit.
Management
Behind LYGO are Bernard Verheecke, Olivier Van Borm and August Verheecke. Bernard Verheecke is also behind Kathy. Olivier Van Borm is also behind IMMO 76, RE-THINK and PIOJEF. August Verheecke is also behind CONFIVER and COPAVER.
Establishments
Establishment units
Physical locations of this company
Meerminlaan 28
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.613.250
- VAT number
- BE 0434.613.250
- Registered office
- Meerminlaan 28, 8300 Knokke-Heist
- Names & denominations
- LYGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 June 1988
- Peppol
- Not registered