Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LISAM CONNECT from Ecaussinnes, company number BE0435691930, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year LISAM CONNECT recorded revenue of € 1.9 million and equity of € 14.9 million. Compared with financial year 2024, the result moved from € 4,087 to € 1.7 million. 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 1, 2026.
€ 14.9 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▲ € 1.7 million vs 2024
Profit after tax over the fiscal year.
€ 57,731
▼ 17% 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 € 3 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 67,607
▲ 42% vs 2024
€ 67,600 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.
Debts at end 2025
€ 8.7 million
▼ 13% vs 2024
€ 589,514 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 643,733
▲ 129% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,649
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,354,699 | € 1,747,069 | € 1,819,095 | € 1,947,369 | ▲ 7% |
| Gross margin | - | - | € 957,411 | € 2,357,801 | ▲ 146% |
| Profit after taxes | € 24,232 | € 163,190 | € 4,087 | € 1,724,875 | ▲ € 1.7 million |
| Equity | € 13,509,610 | € 14,068,824 | € 14,072,911 | € 14,916,202 | ▲ 6% |
| Total debts | € 6,338,949 | € 9,885,455 | € 10,324,975 | € 9,351,751 | ▼ 9% |
| Cash | € 49,365 | € 62,411 | € 69,831 | € 57,731 | ▼ 17% |
| Land & buildings | € 4,674,445 | € 4,758,922 | € 5,428,236 | € 4,070,486 | ▼ 25% |
| Retained profit | € 416,215 | € 579,405 | € 583,492 | € 2,973,876 | ▲ € 2.4 million |
| Bank debt | € 6,085,925 | € 9,610,619 | € 9,996,307 | € 8,667,041 | ▼ 13% |
| Balance sheet total | € 19,848,559 | € 23,954,279 | € 24,397,885 | € 24,267,954 | ▼ 1% |
| Employees (FTE) | 4.2 | 1 | 1 | 1 |
Key figures of LISAM CONNECT, 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 LISAM CONNECT?
What happened at LISAM CONNECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.7 million (▲ € 1.7 million vs 2024). Source: NBB ↗
- Elodie HEMBERG stepped down as director. NBB
- Michel HEMBERG stepped down as director. NBB
- Thierry LEVINTOFF stepped down as director. NBB
- Elodie HEMBERG became a director. NBB
- Michel HEMBERG became a director. NBB
- Thierry LEVINTOFF became a director. NBB
- New establishment in Ecaussinnes. KBO
In short
From € 24,232 profit in 2022 to € 1.7 million profit in 2025.
Paid € 53,320 in corporate taxes since 2022.
Best year ever: 2025, with € 1.7 million profit.
On average € 2.4 million of value added per employee in 2025.
Management
The shares are held by Michel HEMBERG (67%) and Thierry LEVINTOFF (33%). It owns 100% of COGEN REAL ESTATE, 100% of MEGABYTE APPLICATIONS, 99.9% of MEGABYTE CONSULTING and 99.9% of HEMMIS itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2026
since 2020 · until 2026
since 2020 · until 2026
Shareholders
Michel HEMBERG
67%
Thierry LEVINTOFF
33%
Participations
Establishments
Establishment units
Physical locations of this company
Rue Jean Jaurès 5
7190 Ecaussinnes
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →MSG - International Europe
€ -88 gross margin · 2025
MEGABYTE CONSULTING same network
€ 2.1 million revenue · 2025
METHODS AND SERVICES GROUP same network
€ 79,181 revenue · 2025
TM DIFFUSION
ROYAL PALETTE VERTE ECAUSSINNES
+11 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DSTNY-BACKBONE International Backbone, BE
Domain
Domain
lisam.com
Registered
1999-03-11
Registrar
OVH, SAS
Expires
2029-03-11
Website info
Features
Security
Details
- Company number
- 0435.691.930
- VAT number
- BE 0435.691.930
- Registered office
- Rue Jean Jaurès 5, 7190 Ecaussinnes
- Names & denominations
- LISAM CONNECT · LISAM H.Q.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 1988
- Peppol
- Active · Active since 6 Oct 2025
- Contact
- lisam.com
- Activities · NACE
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