Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
LECOT-NEDERLAND from Kortrijk, company number BE0442633071, closed financial year 2025 with a result of € 709,292 after tax. For that financial year LECOT-NEDERLAND recorded a gross margin of € 2.7 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 743,220 to € 709,292. 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 July 2, 2026.
€ 1.3 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 709,292
▼ 5% vs 2024
Profit after tax over the fiscal year.
€ 110,930
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 700,000 paid out
99 % of the profit went to the shareholders, mostly to NV Lecot (100 % of the shares). That is where the money ends up.
People and assets in 2025
19.2
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 8% vs 2024
€ 95,300 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.
€ 53,431
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 367,783
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 342,348
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 18,988,868 | - | - | - | |
| Gross margin | € 2,885,076 | € 2,754,103 | € 2,567,113 | € 2,673,276 | ▲ 4% |
| Profit after taxes | € 1,128,240 | € 888,565 | € 743,220 | € 709,292 | ▼ 5% |
| Equity | € 1,653,852 | € 1,242,417 | € 1,285,636 | € 1,294,929 | ▲ 1% |
| Total debts | € 1,846,641 | € 854,591 | € 909,417 | € 710,334 | ▼ 22% |
| Cash | € 1,707,033 | € 620,421 | € 408,669 | € 110,930 | ▼ 73% |
| Land & buildings | € 161,480 | € 140,999 | € 177,341 | € 155,222 | ▼ 12% |
| Retained profit | € 1,581,963 | € 1,170,528 | € 1,213,747 | € 1,223,039 | ▲ 1% |
| Dividend | € 1,699,921 | € 1,300,001 | € 700,000 | € 700,000 | |
| Balance sheet total | € 3,500,493 | € 2,097,008 | € 2,195,054 | € 2,005,262 | ▼ 9% |
| Employees (FTE) | 19.6 | 19.6 | 18.5 | 19.2 | ▲ 0.7 |
Key figures of LECOT-NEDERLAND, 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 LECOT-NEDERLAND?
What happened at LECOT-NEDERLAND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 709,292 (▼ 5% vs 2024). Source: NBB ↗
- Anne SANTENS stepped down as director. NBB
- Philippe DE VEYT stepped down as director. NBB
- Rik LECOT stepped down as director. NBB
- LISALIM stepped down as director. NBB
- Anne SANTENS became a director. NBB
- Philippe DE VEYT became a director. NBB
- Rik LECOT became a director. NBB
In short
From € 1.1 million profit in 2022 to € 709,292 profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.1 million profit.
On average € 139,200 of value added per employee in 2025.
Management
The shares are held by NV Lecot (100%).
Directors
According to the 2025 annual accounts
Anne SANTENS
Director
Also active at: LECOT, GOLF- EN COUNTRYCLUB N.V., LISALIM, Golf- en Countryclub Oudenaarde, IJZERWAREN OOMS, OPSINOX, PHANNE-INVEST, ROYAL GOLFCLUB OUDENAARDE
since 2020 · until 2026
Philippe DE VEYT
Managing director
Also active at: LECOT, Woonzorgcentrum H.Hart, Vlaams Netwerk van Ondernemingen, LISALIM, IJZERWAREN OOMS, SARLITH, OPSINOX, PHANNE-INVEST
since 2020 · until 2026
Rik LECOT
Director
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vier Linden(Heu) 9
8501 Kortrijk
Vier Linden(Heu) 7
8501 Kortrijk
Active since 12 August 1996
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
- 0442.633.071
- VAT number
- BE 0442.633.071
- Registered office
- Vier Linden(Heu) 9, 8501 Kortrijk
- Names & denominations
- LECOT-NEDERLAND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 January 1991
- Peppol
- Not registered