Active · per the CBE, 30 September 2026
LEMI logo

LEMI

BE0445336896

Rechtspersoon Private limited company 2 establishments

LEMI is a painting contractor in Hasselt. Private Limited, started on 30 September 1991, 2 establishments.

Nieuwe-Winningstraat 5 box 3, 3500 Hasselt lemi.be 0472 70 86 19

Behind the company: HERWIG TITS, MICHAEL TITS.

Active for

35 year

Financials

Financial year 2025

LEMI from Hasselt, company number BE0445336896, closed financial year 2025 with a result of € 33,678 after tax. For that financial year LEMI recorded a gross margin of € 106,898 and equity of € 536,514. Compared with financial year 2024, the result moved from € 101,050 to € 33,678. 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 August 31, 2026.

What it is worth Growing

€ 536,514

▲ 7% vs 2024

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

Profit Healthy

€ 33,678

▼ 67% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 67,270

▲ 137% 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 € 456,514.

People and assets in 2025

Wage cost

€ 234

▼ 99% vs 2024

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

€ 134,714

▲ 76% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 31,580

▼ 11% vs 2024

€ 19,403 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 1,159

▼ 85% vs 2024

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

Taxes

€ 2,939

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 183,137 € 215,715 € 215,193 € 106,898 ▼ 50%
Profit after taxes € 33,056 € 87,685 € 101,050 € 33,678 ▼ 67%
Equity € 381,601 € 429,286 € 502,836 € 536,514 ▲ 7%
Total debts € 98,988 € 86,749 € 44,453 € 37,165 ▼ 16%
Cash € 130,354 € 56,615 € 28,392 € 67,270 ▲ 137%
Land & buildings € 195,837 € 182,594 € 169,487 € 162,975 ▼ 4%
Retained profit € 301,601 € 349,286 € 422,836 € 456,514 ▲ 8%
Dividend € 45,000 € 40,000 € 27,500 € 0 ▼ 100%
Bank debt € 76,866 € 56,323 € 35,468 € 31,580 ▼ 11%
Balance sheet total € 480,589 € 518,158 € 548,887 € 574,752 ▲ 5%

Key figures of LEMI, 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 LEMI?

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

  • New annual accounts for financial year 2025: profit of € 33,678 (▼ 67% vs 2024). filed late Source: NBB ↗
  • MICHAEL TITS became a director. NBB
  • HERWIG TITS became a director. NBB
  • New establishment in Diepenbeek. KBO
  • New establishment in Hasselt. KBO
  • Start of the company according to the CBE. KBO

In short

From € 33,056 profit in 2022 to € 33,678 profit in 2025.

Paid € 128,356 in corporate taxes since 2022.

Best year ever: 2024, with € 101,050 profit.

Paid out € 112,500 in dividends to the owners in total.

Management

HERWIG TITS MICHAEL TITS
LEMI

Behind LEMI are HERWIG TITS and MICHAEL TITS.

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Directors

According to the 2025 annual accounts

HERWIG TITS

Director

since 2023

MICHAEL TITS

Director

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwe-Winningstraat 5 box 3

3500 Hasselt

2.054.678.942

Nieuwe-Winningstraat 5 box 2

3500 Hasselt

Active since 21 October 1991

2.283.605.672

Groeningenweg 2 box 2

3590 Diepenbeek

Active since 2 January 2017

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

Website

Technologies

AOSApacheBootstrapCookie ConsentFont AwesomeLightboxPHPjQueryjQuery UIlazysizes

Hosting & Email

Email provider

Self-hosted

Hosting

OVH, FR

Website info

HTTPS Ja

Features

Contact page

Security

✓ HTTPS
✓ SPF
✓ DMARC

Details

Company number
0445.336.896
VAT number
BE 0445.336.896
Registered office
Nieuwe-Winningstraat 5 bus 3, 3500 Hasselt
Names & denominations
LEMI
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
30 September 1991
Peppol
Active · Active since 29 Aug 2023
Activities · NACE

Schilderen van gebouwen

Schilderen

Frequently asked questions

What does LEMI do?
LEMI is a painting contractor in Hasselt. Private Limited, started on 30 September 1991, 2 establishments.
What is the address of LEMI?
The registered office of LEMI is located at Nieuwe-Winningstraat 5 box 3, 3500 Hasselt.
Is LEMI still active?
Yes. According to the CBE (30 September 2026) LEMI is active, legal situation “Normale toestand”, started on 30 September 1991.
Is LEMI registered on Peppol?
Yes, LEMI is registered on the Peppol network with ID 0208:0445336896.
What is the enterprise number of LEMI?
The enterprise number of LEMI is BE0445336896.
When was LEMI founded?
LEMI was founded on 30 September 1991.