Financials
Financial year 2025
LG Precision from Dison, company number BE0446977384, closed financial year 2025 with a result of € 167,521 after tax. For that financial year LG Precision recorded a gross margin of € 1.2 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 540,145 to € 167,521. 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 June 10, 2026.
€ 2.5 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 167,521
▼ 69% vs 2024
Profit after tax over the fiscal year.
€ 683,038
▲ 95% 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 € 1.7 million.
People and assets in 2025
8.8
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 551,501
▲ 1% vs 2024
€ 62,700 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.
€ 437,872
▼ 38% vs 2024
Of which on lease € 366,440.
Debts at end 2025
€ 505,448
▼ 33% vs 2024
€ 209,221 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 419,167
▲ 146% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,416
▼ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,155,571 | € 1,439,843 | € 1,610,949 | € 1,164,308 | ▼ 28% |
| Profit after taxes | € 381,473 | € 333,859 | € 540,145 | € 167,521 | ▼ 69% |
| Equity | € 1,587,641 | € 1,898,568 | € 2,347,937 | € 2,491,125 | ▲ 6% |
| Total debts | € 1,735,215 | € 1,358,578 | € 1,067,026 | € 1,026,119 | ▼ 4% |
| Cash | € 593,713 | € 1,020,865 | € 349,474 | € 683,038 | ▲ 95% |
| Land & buildings | € 515,115 | € 509,703 | € 504,291 | € 526,126 | ▲ 4% |
| Retained profit | € 672,492 | € 1,006,351 | € 1,546,496 | € 1,714,017 | ▲ 11% |
| Bank debt | € 1,365,389 | € 1,048,142 | € 758,163 | € 505,448 | ▼ 33% |
| Balance sheet total | € 3,327,805 | € 3,261,852 | € 3,419,425 | € 3,571,232 | ▲ 4% |
| Employees (FTE) | 6.7 | 8.7 | 8 | 8.8 | ▲ 0.8 |
Key figures of LG Precision, 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 LG Precision?
What happened at LG Precision in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 167,521 (▼ 69% vs 2024). Source: NBB ↗
- New establishment in Thimister-Clermont. KBO
- PASCAL BARTETTE became a director. NBB
- PHILIPPE CRAVATTE became a director. NBB
- MARC LAGAMME became a director. NBB
- New establishment in Dison. KBO
- Start of the company according to the CBE. KBO
In short
From € 381,473 profit in 2022 to € 167,521 profit in 2025.
Paid € 462,389 in corporate taxes since 2022.
Best year ever: 2024, with € 540,145 profit.
On average € 132,300 of value added per employee in 2025.
Management
Behind LG Precision are MARC LAGAMME, PASCAL BARTETTE and PHILIPPE CRAVATTE.
Directors
According to the 2025 annual accounts
MARC LAGAMME
Managing director, Director
since 2003
PASCAL BARTETTE
Director
since 2016
PHILIPPE CRAVATTE
Chairman of the board
since 2016
Establishments
Establishment units
Physical locations of this company
Rue du Progrès 6
4821 Dison
Chemin de Xhénorie 1 box a
4890 Thimister-Clermont
Active since 20 February 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0446.977.384
- VAT number
- BE 0446.977.384
- Registered office
- Rue du Progrès 6, 4821 Dison
- Names & denominations
- LG Precision
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 1992
- Peppol
- Active · Active since 5 Feb 2026
- Contact
- lg-precision.be
- Activities · NACE
Verspanend bewerken van metalen
Algemene metaalbewerking
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Overig loodgieterswerk
Sanitaire werkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit