Active · per the CBE, 29 October 2026
LENARTZ logo

LENARTZ

BE0437455944

Rechtspersoon Public limited company 1 establishment

LENARTZ is a heating and ventilation installer in Aubel. Public Limited, started on 8 May 1989, 1 establishment.

Rue de Merckhof 117, 4880 Aubel lenartz.be

Behind the company: LENXARD, Xavier Grignard.

Active for

37 year, 5 months

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 6.3 to 5.

Financials

Financial year 2025

LENARTZ from Aubel, company number BE0437455944, closed financial year 2025 with a result of € 59,373 after tax. For that financial year LENARTZ recorded a gross margin of € 441,872 and equity of € 267,023. Compared with financial year 2024, the result moved from € 57,083 to € 59,373. 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 August 31, 2026.

What it is worth Growing

€ 267,023

▲ 17% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 59,373

▲ 4% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 34,518

▲ 54% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 20,000 paid out

34 % of the profit went to the shareholders, mostly to LENXARD (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

5

▼ 0.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 303,918

▼ 6% vs 2024

€ 60,800 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.

Vehicles and equipment

€ 41,876

▼ 40% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 160,276

▼ 4% vs 2024

€ 25,712 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 53,827

▲ € 45,265 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 12,848

▲ 123% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 405,064 € 469,692 € 474,177 € 441,872 ▼ 7%
Profit after taxes € 57,869 € 32,941 € 57,083 € 59,373 ▲ 4%
Equity € 215,419 € 217,429 € 228,581 € 267,023 ▲ 17%
Total debts € 305,951 € 380,482 € 227,516 € 246,951 ▲ 9%
Cash € 64,063 € 30,440 € 22,468 € 34,518 ▲ 54%
Land & buildings € 201,377 € 192,208 € 175,796 € 159,384 ▼ 9%
Retained profit € 138,441 € 141,382 € 153,465 € 192,838 ▲ 26%
Dividend € 70,500 € 30,000 € 45,000 € 20,000 ▼ 56%
Bank debt € 147,669 € 199,386 € 166,695 € 160,276 ▼ 4%
Balance sheet total € 556,403 € 625,634 € 481,143 € 537,019 ▲ 12%
Employees (FTE) 5.9 6.3 5.8 5 ▼ 0.8

Key figures of LENARTZ, 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 LENARTZ?

What happened at LENARTZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 59,373 (▲ 4% vs 2024). filed late Source: NBB ↗
  • New establishment in Aubel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 57,869 profit in 2022 to € 59,373 profit in 2025.

Paid € 80,289 in corporate taxes since 2022.

Best year ever: 2025, with € 59,373 profit.

On average € 88,400 of value added per employee in 2025.

Management

LENXARD 99.6%

The stake of LENXARD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

LENARTZ

Behind LENARTZ are LENXARD and Xavier Grignard. The shares are held by LENXARD (99.6%).

Directors

According to the 2025 annual accounts

LENXARD

Director · represented by Grignard Xavier

Also active at: PAPETERIE.be

Xavier Grignard

Director

Also active at: LENXARD, PAPETERIE.be

Shareholders

LENXARD

99.6%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de Merckhof 117

4880 Aubel

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

ApacheChart.jsContact Form 7DiviFont AwesomeGoogle FontsPHPWooCommerceWordPressYoast SEOjQueryreCAPTCHA

Hosting & Email

Email provider

Microsoft 365

Hosting

INFOMANIAK-AS, CH

Website info

HTTPS Ja
Languages FR

Features

Webshop Blog Contact page

Security

✓ HTTPS
✓ SPF
✓ DMARC

Details

Company number
0437.455.944
VAT number
BE 0437.455.944
Registered office
Rue de Merckhof 117, 4880 Aubel
Names & denominations
LENARTZ
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
8 May 1989
Peppol
Active · Active since 19 Nov 2025
Contact
lenartz.be
Activities · NACE

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Installatie van verwarming, klimaatregeling en ventilatie

Sanitaire werkzaamheden

Overig loodgieterswerk

Frequently asked questions

What does LENARTZ do?
LENARTZ is a heating and ventilation installer in Aubel. Public Limited, started on 8 May 1989, 1 establishment.
What is the address of LENARTZ?
The registered office of LENARTZ is located at Rue de Merckhof 117, 4880 Aubel.
Is LENARTZ still active?
Yes. According to the CBE (29 October 2026) LENARTZ is active, legal situation “Normale toestand”, started on 8 May 1989.
Is LENARTZ registered on Peppol?
Yes, LENARTZ is registered on the Peppol network with ID 0208:0437455944.
What is the enterprise number of LENARTZ?
The enterprise number of LENARTZ is BE0437455944.
When was LENARTZ founded?
LENARTZ was founded on 8 May 1989.