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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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
LIEDAVID from Kortrijk, company number BE0438001025, closed financial year 2025 with a result of € 148,582 after tax. For that financial year LIEDAVID recorded a gross margin of € 173,055 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 2,162 to € 148,582. 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 February 9, 2026.
€ 1.2 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 148,582
▲ € 146,421 vs 2024
Profit after tax over the fiscal year.
€ 25,816
▲ € 25,740 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 € 74,513.
People and assets in 2025
€ 131,814
▼ 11% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 36
▼ 98% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 581,506
▼ 13% vs 2024
€ 80,092 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 198,794
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,888
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 140,776 | € 300,714 | € 193,304 | € 173,055 | ▼ 10% |
| Profit after taxes | € -392,687 | € 96,018 | € 2,162 | € 148,582 | ▲ € 146,421 |
| Equity | € 922,005 | € 1,018,023 | € 1,020,185 | € 1,168,767 | ▲ 15% |
| Total debts | € 884,353 | € 1,056,757 | € 951,877 | € 854,186 | ▼ 10% |
| Cash | € 10,492 | € 5,978 | € 76 | € 25,816 | ▲ € 25,740 |
| Land & buildings | € 1,154,325 | € 1,135,017 | € 1,130,924 | € 1,352,160 | ▲ 20% |
| Retained profit | € -172,249 | € -76,231 | € -74,069 | € 74,513 | ▲ € 148,582 |
| Bank debt | € 386,294 | € 475,471 | € 671,635 | € 581,506 | ▼ 13% |
| Balance sheet total | € 1,806,358 | € 2,074,780 | € 1,972,062 | € 2,022,953 | ▲ 3% |
Key figures of LIEDAVID, 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 January 2027.
What happened to LIEDAVID?
What happened at LIEDAVID in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 148,582 (▲ € 146,421 vs 2024). filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 392,687 loss in 2022 to € 148,582 profit in 2025.
Paid € 14,501 in corporate taxes since 2022.
Best year ever: 2025, with € 148,582 profit.
Management
Behind LIEDAVID are Lieven David, Léonie Buset, Dave David and Olivier Buset. Lieven David is also behind A. & G. HOUSING CORPORATION, DABOMA, L&O Marketing & Management and L & D MANAGEMENT. Léonie Buset is also behind DABOMA. Dave David is also behind DAMACON. Olivier Buset is also behind BAHIA, DABOMA and L&O Marketing & Management.
Directors
According to the 2025 annual accounts
Lieven David
Managing director
Also active at: A. & G. HOUSING CORPORATION, DABOMA, L&O Marketing & Management, L & D MANAGEMENT
Establishments
Establishment units
Physical locations of this company
Preshoekstraat(Mar) 130
8510 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0438.001.025
- VAT number
- BE 0438.001.025
- Registered office
- Preshoekstraat(Mar) 130, 8510 Kortrijk
- Names & denominations
- LIEDAVID
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 1989
- Peppol
- Active · Active since 28 Aug 2023
- Activities · NACE
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