LIWECO is a property company in Izegem. Private Limited, started on 25 September 1990, 1 establishment.

What is the address of LIWECO?

The registered office of LIWECO is located at Ambachtenstraat 33, 8870 Izegem.

Is LIWECO still active?

Yes. According to the CBE (29 October 2026) LIWECO is active, legal situation “Normale toestand”, started on 25 September 1990.

Is LIWECO registered on Peppol?

Yes, LIWECO is registered on the Peppol network with ID 0208:0442113528.

What is the enterprise number of LIWECO?

The enterprise number of LIWECO is BE0442113528.

When was LIWECO founded?

LIWECO was founded on 25 September 1990.

Who are the directors of LIWECO?

According to the 2025 annual accounts, the directors of LIWECO are: Frederik Vandenberghe.

Is LIWECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 September 1990; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did LIWECO make in 2025?

LIWECO posted a profit after taxes of € 226,855 in financial year 2025.

What is the revenue of LIWECO?

As a small company, LIWECO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 374,186.

LIWECO (Private Limited) - Izegem - BE0442113528

Dossier LIWECO, printed on 29 October 2026 from databakkes.be/en/0442113528/liweco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

25 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

LIWECO from Izegem, company number BE0442113528, closed financial year 2025 with a result of € 226,855 after tax. For that financial year LIWECO recorded a gross margin of € 374,186 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 272,635 to € 226,855. The company is profitable. 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 December 31, 2025.

What it is worth Growing

€ 1.5 million

▲ 18% vs 2024

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

Profit Healthy

€ 226,855

▼ 17% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 139,194

▼ 74% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.5 million.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 182,930

▼ 20% vs 2024

€ 48,780 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 6,199

▲ 74% vs 2024

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

Taxes

€ 17,494

▼ 27% 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)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 320,730 Gross margin 2022: € 320,730 First fiscal year in the series	€ 594,624 Gross margin 2023: € 594,624 ▲ 85% vs 2022 (€ 320,730) Favourable step	€ 431,643 Gross margin 2024: € 431,643 ▼ 27% vs 2023 (€ 594,624) Unfavourable step	€ 374,186 Gross margin 2025: € 374,186 ▼ 13% vs 2024 (€ 431,643) Unfavourable step	▼ 13%
Profit after taxes	€ 161,776 Profit after taxes 2022: € 161,776 First fiscal year in the series	€ 291,527 Profit after taxes 2023: € 291,527 ▲ 80% vs 2022 (€ 161,776) Favourable step	€ 272,635 Profit after taxes 2024: € 272,635 ▼ 6% vs 2023 (€ 291,527) Unfavourable step	€ 226,855 Profit after taxes 2025: € 226,855 ▼ 17% vs 2024 (€ 272,635) Unfavourable step	▼ 17%
Equity	€ 1,181,032 Equity 2022: € 1,181,032 First fiscal year in the series	€ 972,560 Equity 2023: € 972,560 ▼ 18% vs 2022 (€ 1,181,032) Unfavourable step	€ 1,245,194 Equity 2024: € 1,245,194 ▲ 28% vs 2023 (€ 972,560) Favourable step	€ 1,472,049 Equity 2025: € 1,472,049 ▲ 18% vs 2024 (€ 1,245,194) Favourable step	▲ 18%
Total debts	€ 355,885 Total debts 2022: € 355,885 First fiscal year in the series	€ 802,716 Total debts 2023: € 802,716 ▲ 126% vs 2022 (€ 355,885) Unfavourable step	€ 255,032 Total debts 2024: € 255,032 ▼ 68% vs 2023 (€ 802,716) Favourable step	€ 212,094 Total debts 2025: € 212,094 ▼ 17% vs 2024 (€ 255,032) Favourable step	▼ 17%
Cash	€ 398,323 Cash 2022: € 398,323 First fiscal year in the series	€ 743,294 Cash 2023: € 743,294 ▲ 87% vs 2022 (€ 398,323) Favourable step	€ 545,735 Cash 2024: € 545,735 ▼ 27% vs 2023 (€ 743,294) Unfavourable step	€ 139,194 Cash 2025: € 139,194 ▼ 74% vs 2024 (€ 545,735) Unfavourable step	▼ 74%
Land & buildings	€ 1,111,695 Land & buildings 2022: € 1,111,695 First fiscal year in the series	€ 1,000,168 Land & buildings 2023: € 1,000,168 ▼ 10% vs 2022 (€ 1,111,695) Unchanged	€ 920,389 Land & buildings 2024: € 920,389 ▼ 8% vs 2023 (€ 1,000,168) Unchanged	€ 857,812 Land & buildings 2025: € 857,812 ▼ 7% vs 2024 (€ 920,389) Unchanged	▼ 7%
Retained profit	€ 1,162,432 Retained profit 2022: € 1,162,432 First fiscal year in the series	€ 953,960 Retained profit 2023: € 953,960 ▼ 18% vs 2022 (€ 1,162,432) Unfavourable step	€ 1,226,594 Retained profit 2024: € 1,226,594 ▲ 29% vs 2023 (€ 953,960) Favourable step	€ 1,453,449 Retained profit 2025: € 1,453,449 ▲ 18% vs 2024 (€ 1,226,594) Favourable step	▲ 18%
Dividend	€ 119,111 Dividend 2022: € 119,111 First fiscal year in the series	€ 500,000 Dividend 2023: € 500,000 ▲ € 380,889 vs 2022 (€ 119,111) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 500,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 329,270 Bank debt 2022: € 329,270 First fiscal year in the series	€ 280,490 Bank debt 2023: € 280,490 ▼ 15% vs 2022 (€ 329,270) Favourable step	€ 227,645 Bank debt 2024: € 227,645 ▼ 19% vs 2023 (€ 280,490) Favourable step	€ 182,930 Bank debt 2025: € 182,930 ▼ 20% vs 2024 (€ 227,645) Favourable step	▼ 20%
Balance sheet total	€ 1,536,917 Balance sheet total 2022: € 1,536,917 First fiscal year in the series	€ 1,775,276 Balance sheet total 2023: € 1,775,276 ▲ 16% vs 2022 (€ 1,536,917) Unchanged	€ 1,500,227 Balance sheet total 2024: € 1,500,227 ▼ 15% vs 2023 (€ 1,775,276) Unchanged	€ 1,684,143 Balance sheet total 2025: € 1,684,143 ▲ 12% vs 2024 (€ 1,500,227) Unchanged	▲ 12%

Key figures of LIWECO, 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 LIWECO?

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

Dec 31, 2025 New annual accounts for financial year 2025: profit of € 226,855 (▼ 17% vs 2024). Source: NBB ↗
Nov 29, 1990 New establishment in Izegem. KBO
Sep 25, 1990 Start of the company according to the CBE. KBO

In short

From € 161,776 profit in 2022 to € 226,855 profit in 2025.

Paid € 324,238 in corporate taxes since 2022.

Best year ever: 2023, with € 291,527 profit.

Paid out € 619,111 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

LVDB INVEST 100%

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

LIWECO

Behind LIWECO is Frederik Vandenberghe. The shares are held by LVDB INVEST (100%).

Directors

According to the 2025 annual accounts

Frederik Vandenberghe

Administrator-manager

Shareholders

LVDB INVEST

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Ambachtenstraat 33

8870 Izegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.

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+20 more

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

Details

Company number

0442.113.528

VAT number

BE 0442.113.528

Registered office

Ambachtenstraat 33, 8870 Izegem

Names & denominations

LIWECO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 September 1990

Peppol

Active · Active since 2 Dec 2025

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Beheer van residentiële gebouwen

Diverse ondersteunende activiteiten ten behoeve van voorzieningen

Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen

View on CBE Public ↗ Annual accounts (NBB) ↗

LIWECO

Warning lights

Financials

What happened to LIWECO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions