Financials
Financial year 2025
LS CONSTRUCTION from Baelen, company number BE0448272236, closed financial year 2025 with a result of € 11,839 after tax. For that financial year LS CONSTRUCTION recorded a gross margin of € 39,731 and equity of € 52,002. Compared with financial year 2024, the result moved from € 30 to € 11,839. Profitable, and profit is growing. 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 16, 2026.
€ 52,002
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,839
▲ € 11,809 vs 2024
Profit after tax over the fiscal year.
€ 10,152
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 31,551.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 10,507
▲ 147% 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.
€ 56,763
▲ € 50,990 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 46,690
▲ € 46,272 vs 2024
€ 9,767 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 24,423
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,188
▲ 48% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,814 | € 66,520 | € 18,388 | € 39,731 | ▲ 116% |
| Profit after taxes | € 24,549 | € 31,841 | € 30 | € 11,839 | ▲ € 11,809 |
| Equity | € 8,291 | € 40,132 | € 40,162 | € 52,002 | ▲ 29% |
| Total debts | € 48,799 | € 46,694 | € 29,042 | € 74,303 | ▲ 156% |
| Cash | € 3,844 | € 9,006 | € 10,127 | € 10,152 | |
| Retained profit | € -10,301 | € 21,540 | € 21,570 | € 31,551 | ▲ 46% |
| Bank debt | € 12,907 | € 5,398 | € 418 | € 46,690 | ▲ € 46,272 |
| Balance sheet total | € 57,091 | € 86,826 | € 69,204 | € 126,305 | ▲ 83% |
Key figures of LS CONSTRUCTION, 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 LS CONSTRUCTION?
What happened at LS CONSTRUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,839 (▲ € 11,809 vs 2024). Source: NBB ↗
- Steve LESPIRE became a director. NBB
- New establishment in Baelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,549 profit in 2022 to € 11,839 profit in 2025.
Paid € 30,099 in corporate taxes since 2022.
Best year ever: 2023, with € 31,841 profit.
Management
Behind LS CONSTRUCTION is Steve LESPIRE.
Directors
According to the 2025 annual accounts
Steve LESPIRE
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Au Congo 1
4837 Baelen
Rue Boveroth(MCH) 27
4837 Baelen
Active since 10 November 1992
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.272.236
- VAT number
- BE 0448.272.236
- Registered office
- Au Congo 1, 4837 Baelen
- Names & denominations
- LS CONSTRUCTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 1992
- Peppol
- Active · Active since 10 Nov 2025
- Activities · NACE
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