Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LBG ENGINEERING from Gent, company number BE0447711022, closed financial year 2025 with a result of € 7,070 after tax. For that financial year LBG ENGINEERING recorded a gross margin of € 135,859 and equity of € 378,547. Compared with financial year 2024, the result moved from € 8,547 to € 7,070. 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 13, 2026.
€ 378,547
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,070
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 33,653
▲ € 26,788 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 € 335,166.
People and assets in 2025
2.1
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 101,575
▼ 18% vs 2024
€ 48,400 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.
€ 2,216
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 194,900
▲ 30% vs 2024
Loans from banks and other lenders, long and short.
€ 243,906
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,455
▲ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 221,681 | € 99,337 | € 166,677 | € 135,859 | ▼ 18% |
| Profit after taxes | € 78,513 | € -46,466 | € 8,547 | € 7,070 | ▼ 17% |
| Equity | € 409,396 | € 362,930 | € 371,477 | € 378,547 | ▲ 2% |
| Total debts | € 713,166 | € 524,442 | € 534,845 | € 546,575 | ▲ 2% |
| Cash | € 55,322 | € 5,004 | € 6,864 | € 33,653 | ▲ € 26,788 |
| Land & buildings | € 181,728 | € 171,366 | € 157,372 | € 144,312 | ▼ 8% |
| Retained profit | € 366,015 | € 319,549 | € 328,095 | € 335,166 | ▲ 2% |
| Bank debt | € 103,739 | € 149,138 | € 149,900 | € 194,900 | ▲ 30% |
| Balance sheet total | € 1,122,562 | € 887,372 | € 906,322 | € 925,122 | ▲ 2% |
| Employees (FTE) | 2.3 | 2.4 | 2.4 | 2.1 | ▼ 0.3 |
Key figures of LBG ENGINEERING, 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 LBG ENGINEERING?
What happened at LBG ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,070 (▼ 17% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- CAROLINE NEIRYNCK became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 78,513 profit in 2022 to € 7,070 profit in 2025.
Paid € 33,475 in corporate taxes since 2022.
Best year ever: 2022, with € 78,513 profit.
On average € 64,700 of value added per employee in 2025.
Management
Behind LBG ENGINEERING are JAN LATTREZ and CAROLINE NEIRYNCK.
Directors
According to the 2025 annual accounts
JAN LATTREZ
Manager
CAROLINE NEIRYNCK
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Admiraaldreef 10
9040 Gent
Admiraaldreef 8
9040 Gent
Active since 1 June 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-AS, DE
Domain
Domain
lbge.be
Registered
2003-02-10
Website info
Features
Security
Details
- Company number
- 0447.711.022
- VAT number
- BE 0447.711.022
- Registered office
- Admiraaldreef 10, 9040 Gent
- Names & denominations
- LBG ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 1992
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- lbge.be
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