Financials
Financial year 2025
LOBO from Pajottegem, company number BE0440225491, closed financial year 2025 with a result of € 2.9 million after tax. For that financial year LOBO recorded a gross margin of € -22,124 and equity of € 3.6 million. Compared with financial year 2024, the result moved from € -1.1 million to € 2.9 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 3.6 million
▲ € 2.9 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.9 million
▲ still € 1.1 million loss in 2024
Profit after tax over the fiscal year.
€ 923,408
▲ € 770,437 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 € 3.1 million.
People and assets in 2025
€ 21,428
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14 million
▲ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 26,782
▲ € 24,291 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 194,653
▲ € 183,716 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,517 | € 14,733 | € -438 | € -22,124 | ▼ € 21,687 |
| Profit after taxes | € -69,143 | € -349,536 | € -1,082,548 | € 2,946,172 | ▲ € 4 million |
| Equity | € 2,106,855 | € 1,757,318 | € 674,770 | € 3,620,942 | ▲ € 2.9 million |
| Total debts | € 21,543,318 | € 26,949,782 | € 35,340,097 | € 34,972,160 | ▼ 1% |
| Cash | € 1,905,033 | € 155,901 | € 152,971 | € 923,408 | ▲ € 770,437 |
| Land & buildings | € 1,262,578 | € 1,221,764 | € 1,194,958 | € 1,172,769 | ▼ 2% |
| Retained profit | € 1,606,855 | € 1,257,318 | € 174,770 | € 3,120,942 | ▲ € 2.9 million |
| Bank debt | € 11,826,625 | € 12,487,034 | € 13,320,377 | € 13,978,321 | ▲ 5% |
| Balance sheet total | € 30,412,356 | € 35,290,774 | € 42,413,270 | € 44,799,960 | ▲ 6% |
Key figures of LOBO, 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 LOBO?
What happened at LOBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Luc Vereycken stepped down as director. NBB
- Monique Marmillion stepped down as director. NBB
- Lode Beckers stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.9 million. Source: NBB ↗
- Luc Vereycken became a director. NBB
- Monique Marmillion became a director. NBB
- Lode Beckers became a director. NBB
- New establishment in Pajottegem. KBO
In short
From € 69,143 loss in 2022 to € 2.9 million profit in 2025.
Paid € 199,557 in corporate taxes since 2022.
Best year ever: 2025, with € 2.9 million profit.
Management
Directors
According to the 2025 annual accounts
Luc Vereycken
Director
Also active at: VEREYCKEN & VEREYCKEN, StoneTech, UL3, ARTWARE, TravelStreet, VEREYCKEN & VEREYCKEN LEGAL, InSolutions
since 2023 · until 2029
Monique Marmillion
Director
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Heidestraat 38
1755 Pajottegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.225.491
- VAT number
- BE 0440.225.491
- Registered office
- Heidestraat 38, 1755 Pajottegem
- Names & denominations
- LOBO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 1990
- Peppol
- Active · Active since 14 Sept 2026
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