Financials
Financial year 2025
LUC STEELS from Sint-Niklaas, company number BE0439150870, closed financial year 2025 with a result of € 19,330 after tax. For that financial year LUC STEELS recorded a gross margin of € 1 million and equity of € 213,678. Compared with financial year 2024, the result moved from € -5,282 to € 19,330. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 213,678
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,330
▲ still € 5,282 loss in 2024
Profit after tax over the fiscal year.
€ 248,370
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10,000 paid out
52 % of the profit went to the shareholders, mostly to LANCKRIET MANAGEMENT (98 % of the shares). That is where the money ends up.
People and assets in 2025
10
Average over the fiscal year, from the social balance sheet.
€ 775,003
▲ 19% vs 2024
€ 77,500 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.
€ 67,681
▼ 32% vs 2024
Of which on lease € 57,600.
Debts at end 2025
€ 567,305
▼ 4% vs 2024
€ 60,188 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 207,065
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,021
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 669,578 | € 690,916 | € 839,549 | € 1,020,449 | ▲ 22% |
| Profit after taxes | € 172 | € -70,397 | € -5,282 | € 19,330 | ▲ € 24,612 |
| Equity | € 280,028 | € 209,630 | € 204,348 | € 213,678 | ▲ 5% |
| Total debts | € 853,450 | € 942,518 | € 824,762 | € 852,313 | ▲ 3% |
| Cash | € 284,639 | € 218,231 | € 267,389 | € 248,370 | ▼ 7% |
| Land & buildings | € 147,437 | € 137,372 | € 135,115 | € 127,050 | ▼ 6% |
| Retained profit | € 140,028 | € 69,630 | € 64,348 | € 73,678 | ▲ 14% |
| Dividend | € 0 | € 0 | € 0 | € 10,000 | |
| Bank debt | € 698,548 | € 663,137 | € 592,851 | € 567,305 | ▼ 4% |
| Balance sheet total | € 1,133,478 | € 1,152,148 | € 1,029,111 | € 1,065,991 | ▲ 4% |
| Employees (FTE) | 9.1 | 9.2 | 10 | 10 |
Key figures of LUC STEELS, 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 LUC STEELS?
What happened at LUC STEELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,330. Source: NBB ↗
- Lanckriet Management BV became a director. NBB
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 172 profit in 2022 to € 19,330 profit in 2025.
Paid € 106,789 in corporate taxes since 2022.
Best year ever: 2025, with € 19,330 profit.
On average € 102,000 of value added per employee in 2025.
Management
The stake of LANCKRIET MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LUC STEELSBehind LUC STEELS is Lanckriet Management BV. The shares are held by LANCKRIET MANAGEMENT (98.2%).
Directors
According to the 2025 annual accounts
since 2023
Shareholders
98.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Europark-Oost 11
9100 Sint-Niklaas
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.150.870
- VAT number
- BE 0439.150.870
- Registered office
- Europark-Oost 11, 9100 Sint-Niklaas
- Names & denominations
- LUC STEELS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 1989
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof