What is the address of L.G.S.?

The registered office of L.G.S. is located at Haagwinde 21, 8300 Knokke-Heist.

Is L.G.S. still active?

Yes. According to the CBE (31 October 2026) L.G.S. is active, legal situation “Normale toestand”, started on 10 June 1991.

Is L.G.S. registered on Peppol?

Yes, L.G.S. is registered on the Peppol network with ID 0208:0444705903.

What is the enterprise number of L.G.S.?

The enterprise number of L.G.S. is BE0444705903.

When was L.G.S. founded?

L.G.S. was founded on 10 June 1991.

Who are the directors of L.G.S.?

According to the 2025 annual accounts, the directors of L.G.S. are: Sofia GEERINCK, Lieven GRUWEZ.

Is L.G.S. a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 June 1991; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did L.G.S. make in 2025?

L.G.S. posted a profit after taxes of € 1,935 in financial year 2025.

What is the revenue of L.G.S.?

As a small company, L.G.S. is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 88,849.

L.G.S. (Public Limited) - Knokke-Heist - BE0444705903

Q: What does L.G.S. do?

L.G.S. is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 10 June 1991, 1 establishment.

Dossier L.G.S., printed on 1 November 2026 from databakkes.be/en/0444705903/l-g-s. 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.

Tight liquidity NBB

Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

L.G.S. from Knokke-Heist, company number BE0444705903, closed financial year 2025 with a result of € 1,935 after tax. For that financial year L.G.S. recorded a gross margin of € 88,849 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 24,111 to € 1,935. 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 September 30, 2026.

What it is worth Growing

€ 1.2 million

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

Profit Healthy

€ 1,935

▼ 92% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 7,879

▼ 89% 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 € 586,552.

People and assets in 2025

Wage cost

€ 21,510

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 15,556

▼ 25% vs 2024

Book value of vehicles, furniture and equipment.

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.

€ 118,725

▲ € 99,617 vs 2024

€ 32,372 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 7,026

▼ 55% vs 2024

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

Taxes and wages

€ 32,811

▼ 25% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 80,264 Gross margin 2022: € 80,264 First fiscal year in the series	€ 61,184 Gross margin 2023: € 61,184 ▼ 24% vs 2022 (€ 80,264) Unfavourable step	€ 72,095 Gross margin 2024: € 72,095 ▲ 18% vs 2023 (€ 61,184) Favourable step	€ 88,849 Gross margin 2025: € 88,849 ▲ 23% vs 2024 (€ 72,095) Favourable step	▲ 23%
Profit after taxes	€ 18,760 Profit after taxes 2022: € 18,760 First fiscal year in the series	€ 26,960 Profit after taxes 2023: € 26,960 ▲ 44% vs 2022 (€ 18,760) Favourable step	€ 24,111 Profit after taxes 2024: € 24,111 ▼ 11% vs 2023 (€ 26,960) Unfavourable step	€ 1,935 Profit after taxes 2025: € 1,935 ▼ 92% vs 2024 (€ 24,111) Unfavourable step	▼ 92%
Equity	€ 1,098,546 Equity 2022: € 1,098,546 First fiscal year in the series	€ 1,125,506 Equity 2023: € 1,125,506 ▲ 2% vs 2022 (€ 1,098,546) Favourable step	€ 1,149,617 Equity 2024: € 1,149,617 ▲ 2% vs 2023 (€ 1,125,506) Favourable step	€ 1,151,552 Equity 2025: € 1,151,552 Unchanged (€ 1,149,617) Favourable step
Total debts	€ 47,007 Total debts 2022: € 47,007 First fiscal year in the series	€ 45,817 Total debts 2023: € 45,817 ▼ 3% vs 2022 (€ 47,007) Favourable step	€ 563,654 Total debts 2024: € 563,654 ▲ € 517,837 vs 2023 (€ 45,817) Unfavourable step	€ 672,059 Total debts 2025: € 672,059 ▲ 19% vs 2024 (€ 563,654) Unfavourable step	▲ 19%
Cash	€ 106,925 Cash 2022: € 106,925 First fiscal year in the series	€ 70,248 Cash 2023: € 70,248 ▼ 34% vs 2022 (€ 106,925) Unfavourable step	€ 74,786 Cash 2024: € 74,786 ▲ 6% vs 2023 (€ 70,248) Favourable step	€ 7,879 Cash 2025: € 7,879 ▼ 89% vs 2024 (€ 74,786) Unfavourable step	▼ 89%
Land & buildings	€ 401,038 Land & buildings 2022: € 401,038 First fiscal year in the series	€ 406,749 Land & buildings 2023: € 406,749 ▲ 1% vs 2022 (€ 401,038) Unchanged	€ 946,452 Land & buildings 2024: € 946,452 ▲ 133% vs 2023 (€ 406,749) Unchanged	€ 1,145,651 Land & buildings 2025: € 1,145,651 ▲ 21% vs 2024 (€ 946,452) Unchanged	▲ 21%
Retained profit	€ 533,546 Retained profit 2022: € 533,546 First fiscal year in the series	€ 560,506 Retained profit 2023: € 560,506 ▲ 5% vs 2022 (€ 533,546) Favourable step	€ 584,617 Retained profit 2024: € 584,617 ▲ 4% vs 2023 (€ 560,506) Favourable step	€ 586,552 Retained profit 2025: € 586,552 Unchanged (€ 584,617) Favourable step
Dividend	€ 18,000 Dividend 2022: € 18,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 18,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 19,108 Bank debt 2024: € 19,108 Unchanged (€ 0) Unfavourable step	€ 118,725 Bank debt 2025: € 118,725 ▲ € 99,617 vs 2024 (€ 19,108) Unfavourable step	▲ € 99,617
Balance sheet total	€ 1,145,554 Balance sheet total 2022: € 1,145,554 First fiscal year in the series	€ 1,171,323 Balance sheet total 2023: € 1,171,323 ▲ 2% vs 2022 (€ 1,145,554) Unchanged	€ 1,713,271 Balance sheet total 2024: € 1,713,271 ▲ 46% vs 2023 (€ 1,171,323) Unchanged	€ 1,823,611 Balance sheet total 2025: € 1,823,611 ▲ 6% vs 2024 (€ 1,713,271) Unchanged	▲ 6%

Key figures of L.G.S., 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 L.G.S.?

What happened at L.G.S. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2026 New annual accounts for financial year 2025: profit of € 1,935 (▼ 92% vs 2024). filed late Source: NBB ↗
2026 Sofia GEERINCK stepped down as director. NBB
2026 Lieven GRUWEZ stepped down as director. NBB
2020 Sofia GEERINCK became a director. NBB
2020 Lieven GRUWEZ became a director. NBB
Sep 27, 1995 New establishment in Knokke-Heist. KBO
Jun 10, 1991 Start of the company according to the CBE. KBO

In short

From € 18,760 profit in 2022 to € 1,935 profit in 2025.

Paid € 64,226 in corporate taxes since 2022.

Best year ever: 2023, with € 26,960 profit.

Paid out € 18,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Sofia GEERINCK

Managing director

since 2020 · until 2026

Lieven GRUWEZ

Managing director

since 2020 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Haagwinde 21

8300 Knokke-Heist

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

Details

Company number

0444.705.903

VAT number

BE 0444.705.903

Registered office

Haagwinde 21, 8300 Knokke-Heist

Names & denominations

L.G.S.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 June 1991

Peppol

Active · Active since 23 Nov 2025

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige dienstverlenende activiteiten op het gebied van informatie

Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.

Administratieve en ondersteunende activiteiten ten behoeve van kantoren

Activiteiten van holdings

Overige zakelijke dienstverlening, neg

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Diverse administratieve activiteiten ten behoeve van kantoren

View on CBE Public ↗ Annual accounts (NBB) ↗