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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Tight liquidity NBB
Cash and receivables cover 65 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LE COUTER from Tielt, company number BE0434641162, closed financial year 2025 with a result of € 1 million after tax. For that financial year LE COUTER recorded revenue of € 44 million and equity of € 16.7 million. Compared with financial year 2024, the result moved from € 1.5 million to € 1 million. The company is profitable. 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 May 29, 2026.
€ 16.7 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▼ 33% vs 2024
Profit after tax over the fiscal year.
€ 1.8 million
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 430,000 paid out
42 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
26.2
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 6% vs 2024
€ 82,400 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.
€ 607,746
▲ 3% 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.
€ 6.5 million
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 53 days on average.
€ 338,989
▲ 4% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 34,345,944 | € 49,505,637 | € 41,983,936 | € 44,002,820 | ▲ 5% |
| Profit after taxes | € 1,264,006 | € 2,457,466 | € 1,540,753 | € 1,034,338 | ▼ 33% |
| Equity | € 12,511,208 | € 14,588,674 | € 16,129,426 | € 16,733,764 | ▲ 4% |
| Total debts | € 7,454,979 | € 5,404,406 | € 5,754,330 | € 7,229,029 | ▲ 26% |
| Cash | € 6,062,090 | € 1,971,751 | € 2,643,299 | € 1,841,268 | ▼ 30% |
| Land & buildings | € 506,684 | € 420,957 | € 360,917 | € 309,447 | ▼ 14% |
| Retained profit | € 12,441,250 | € 14,518,716 | € 16,059,468 | € 16,663,806 | ▲ 4% |
| Dividend | € 380,000 | € 380,000 | € 0 | € 430,000 | |
| Balance sheet total | € 19,970,542 | € 19,997,434 | € 21,888,111 | € 23,967,148 | ▲ 9% |
| Employees (FTE) | 24.2 | 24.1 | 25.1 | 26.2 | ▲ 1.1 |
Key figures of LE COUTER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to LE COUTER?
What happened at LE COUTER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1 million (▼ 33% vs 2024). filed late Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million profit in 2022 to € 1 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2023, with € 2.5 million profit.
Paid out € 1.2 million in dividends to the owners in total.
Management
The stake of Scottie comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LE COUTERBehind LE COUTER is Lecova. The shares are held by Scottie.
Establishments
Establishment units
Physical locations of this company
Deinsesteenweg 16
8700 Tielt
Deinsesteenweg 12
8700 Tielt
Active since 12 August 1988
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0434.641.162
- VAT number
- BE 0434.641.162
- Registered office
- Deinsesteenweg 16, 8700 Tielt
- Names & denominations
- LE COUTER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 1988
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in motorvoertuigen