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 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.
€ 2.5 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 398,604
▲ € 352,521 vs 2024
Profit after tax over the fiscal year.
€ 81,799
▼ 63% 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 € 2.3 million.
People and assets in 2025
0.6
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 80,581
▲ € 68,494 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 775,000
▼ 28% vs 2024
Loans from banks and other lenders, long and short.
€ 224,233
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 55,611
▼ 67% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 267,348 | € 155,920 | € 217,540 | € 710,814 | ▲ 227% |
| Profit after taxes | € 97,178 | € 32,280 | € 46,082 | € 398,604 | ▲ € 352,521 |
| Equity | € 2,368,054 | € 2,073,941 | € 2,120,023 | € 2,518,626 | ▲ 19% |
| Total debts | € 861,464 | € 1,113,756 | € 2,132,891 | € 1,082,844 | ▼ 49% |
| Cash | € 93,852 | € 34,742 | € 218,587 | € 81,799 | ▼ 63% |
| Land & buildings | € 311,202 | € 270,377 | € 229,723 | € 570,603 | ▲ 148% |
| Retained profit | € 2,118,054 | € 1,823,941 | € 1,870,023 | € 2,268,626 | ▲ 21% |
| Dividend | € 503,141 | € 326,394 | € 0 | € 0 | |
| Bank debt | € 475,000 | € 894,634 | € 1,075,000 | € 775,000 | ▼ 28% |
| Balance sheet total | € 3,285,020 | € 3,235,268 | € 4,292,557 | € 3,633,185 | ▼ 15% |
| Employees (FTE) | 0.6 | 0.6 | 0.6 | 0.6 |
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:
- New annual accounts for financial year 2025: profit of € 398,604 (▲ € 352,521 vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- 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.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Luc Saelens
Director
Establishments
Establishment units
Physical locations of this company
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