What does L S - CONSTRUCT do?

L S - CONSTRUCT is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 27 November 1992, 1 establishment.

What is the address of L S - CONSTRUCT?

The registered office of L S - CONSTRUCT is located at Zoutelaan 11 box 11, 8300 Knokke-Heist.

Is L S - CONSTRUCT still active?

Yes. According to the CBE (31 October 2026) L S - CONSTRUCT is active, legal situation “Normale toestand”, started on 27 November 1992.

Is L S - CONSTRUCT registered on Peppol?

Yes, L S - CONSTRUCT is registered on the Peppol network with ID 0208:0448771785.

What is the enterprise number of L S - CONSTRUCT?

The enterprise number of L S - CONSTRUCT is BE0448771785.

When was L S - CONSTRUCT founded?

L S - CONSTRUCT was founded on 27 November 1992.

Who are the directors of L S - CONSTRUCT?

According to the 2025 annual accounts, the directors of L S - CONSTRUCT are: Luc Saelens.

Is L S - CONSTRUCT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 November 1992; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did L S - CONSTRUCT make in 2025?

L S - CONSTRUCT posted a profit after taxes of € 398,604 in financial year 2025.

What is the revenue of L S - CONSTRUCT?

As a small company, L S - CONSTRUCT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 710,814.

How many employees does L S - CONSTRUCT have?

According to the 2025 annual accounts, L S - CONSTRUCT has 0.6 full-time equivalents (FTE).

L S - CONSTRUCT (Private Limited) - Knokke-Heist

Dossier L S - CONSTRUCT, printed on 1 November 2026 from databakkes.be/en/0448771785/l-s-construct. 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 34 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

L S - CONSTRUCT from Knokke-Heist, company number BE0448771785, closed financial year 2025 with a result of € 398,604 after tax. For that financial year L S - CONSTRUCT recorded a gross margin of € 710,814 and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 46,082 to € 398,604. 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 January 12, 2026.

What it is worth Growing

€ 2.5 million

▲ 19% vs 2024

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

Profit Growing

€ 398,604

▲ € 352,521 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 81,799

▼ 63% 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 € 2.3 million.

People and assets in 2025

Full-time equivalents

0.6

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 5,419

▼ 2% 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

€ 80,581

▲ € 68,494 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 775,000

▼ 28% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 224,233

▼ 51% vs 2024

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

Taxes

€ 55,611

▼ 67% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 267,348 Gross margin 2022: € 267,348 First fiscal year in the series	€ 155,920 Gross margin 2023: € 155,920 ▼ 42% vs 2022 (€ 267,348) Unfavourable step	€ 217,540 Gross margin 2024: € 217,540 ▲ 40% vs 2023 (€ 155,920) Favourable step	€ 710,814 Gross margin 2025: € 710,814 ▲ 227% vs 2024 (€ 217,540) Favourable step	▲ 227%
Profit after taxes	€ 97,178 Profit after taxes 2022: € 97,178 First fiscal year in the series	€ 32,280 Profit after taxes 2023: € 32,280 ▼ 67% vs 2022 (€ 97,178) Unfavourable step	€ 46,082 Profit after taxes 2024: € 46,082 ▲ 43% vs 2023 (€ 32,280) Favourable step	€ 398,604 Profit after taxes 2025: € 398,604 ▲ € 352,521 vs 2024 (€ 46,082) Favourable step	▲ € 352,521
Equity	€ 2,368,054 Equity 2022: € 2,368,054 First fiscal year in the series	€ 2,073,941 Equity 2023: € 2,073,941 ▼ 12% vs 2022 (€ 2,368,054) Unfavourable step	€ 2,120,023 Equity 2024: € 2,120,023 ▲ 2% vs 2023 (€ 2,073,941) Favourable step	€ 2,518,626 Equity 2025: € 2,518,626 ▲ 19% vs 2024 (€ 2,120,023) Favourable step	▲ 19%
Total debts	€ 861,464 Total debts 2022: € 861,464 First fiscal year in the series	€ 1,113,756 Total debts 2023: € 1,113,756 ▲ 29% vs 2022 (€ 861,464) Unfavourable step	€ 2,132,891 Total debts 2024: € 2,132,891 ▲ 92% vs 2023 (€ 1,113,756) Unfavourable step	€ 1,082,844 Total debts 2025: € 1,082,844 ▼ 49% vs 2024 (€ 2,132,891) Favourable step	▼ 49%
Cash	€ 93,852 Cash 2022: € 93,852 First fiscal year in the series	€ 34,742 Cash 2023: € 34,742 ▼ 63% vs 2022 (€ 93,852) Unfavourable step	€ 218,587 Cash 2024: € 218,587 ▲ € 183,845 vs 2023 (€ 34,742) Favourable step	€ 81,799 Cash 2025: € 81,799 ▼ 63% vs 2024 (€ 218,587) Unfavourable step	▼ 63%
Land & buildings	€ 311,202 Land & buildings 2022: € 311,202 First fiscal year in the series	€ 270,377 Land & buildings 2023: € 270,377 ▼ 13% vs 2022 (€ 311,202) Unchanged	€ 229,723 Land & buildings 2024: € 229,723 ▼ 15% vs 2023 (€ 270,377) Unchanged	€ 570,603 Land & buildings 2025: € 570,603 ▲ 148% vs 2024 (€ 229,723) Unchanged	▲ 148%
Retained profit	€ 2,118,054 Retained profit 2022: € 2,118,054 First fiscal year in the series	€ 1,823,941 Retained profit 2023: € 1,823,941 ▼ 14% vs 2022 (€ 2,118,054) Unfavourable step	€ 1,870,023 Retained profit 2024: € 1,870,023 ▲ 3% vs 2023 (€ 1,823,941) Favourable step	€ 2,268,626 Retained profit 2025: € 2,268,626 ▲ 21% vs 2024 (€ 1,870,023) Favourable step	▲ 21%
Dividend	€ 503,141 Dividend 2022: € 503,141 First fiscal year in the series	€ 326,394 Dividend 2023: € 326,394 ▼ 35% vs 2022 (€ 503,141) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 326,394) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 475,000 Bank debt 2022: € 475,000 First fiscal year in the series	€ 894,634 Bank debt 2023: € 894,634 ▲ 88% vs 2022 (€ 475,000) Unfavourable step	€ 1,075,000 Bank debt 2024: € 1,075,000 ▲ 20% vs 2023 (€ 894,634) Unfavourable step	€ 775,000 Bank debt 2025: € 775,000 ▼ 28% vs 2024 (€ 1,075,000) Favourable step	▼ 28%
Balance sheet total	€ 3,285,020 Balance sheet total 2022: € 3,285,020 First fiscal year in the series	€ 3,235,268 Balance sheet total 2023: € 3,235,268 ▼ 2% vs 2022 (€ 3,285,020) Unchanged	€ 4,292,557 Balance sheet total 2024: € 4,292,557 ▲ 33% vs 2023 (€ 3,235,268) Unchanged	€ 3,633,185 Balance sheet total 2025: € 3,633,185 ▼ 15% vs 2024 (€ 4,292,557) Unchanged	▼ 15%
Employees (FTE)	0.6 Employees (FTE) 2022: 0.6 First fiscal year in the series	0.6 Employees (FTE) 2023: 0.6 Unchanged (0.6) Unchanged	0.6 Employees (FTE) 2024: 0.6 Unchanged (0.6) Unchanged	0.6 Employees (FTE) 2025: 0.6 Unchanged (0.6) Unchanged

Key figures of L S - CONSTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to L S - CONSTRUCT?

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

Jan 12, 2026 New annual accounts for financial year 2025: profit of € 398,604 (▲ € 352,521 vs 2024). Source: NBB ↗
Dec 30, 1992 New establishment in Knokke-Heist. KBO
Nov 27, 1992 Start of the company according to the CBE. KBO

In short

From € 97,178 profit in 2022 to € 398,604 profit in 2025.

Paid € 302,812 in corporate taxes since 2022.

Best year ever: 2025, with € 398,604 profit.

Paid out € 829,535 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Luc Saelens

L S - CONSTRUCT

Behind L S - CONSTRUCT is Luc Saelens.

Directors

According to the 2025 annual accounts

Luc Saelens

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Zoutelaan 11 box 11

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

0448.771.785

VAT number

BE 0448.771.785

Registered office

Zoutelaan 11 bus 11, 8300 Knokke-Heist

Names & denominations

L S - CONSTRUCT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 November 1992

Peppol

Active · Active since 12 Nov 2025

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Handel in eigen onroerend goed

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Algemene bouw van residentiële gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗

L S - CONSTRUCT

Warning lights

Financials

What happened to L S - CONSTRUCT?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions