What does DEGROOTE LUC do?

DEGROOTE LUC is a wholesaler in Ledegem. Private Limited, started on 22 December 1992, 2 establishments.

What is the address of DEGROOTE LUC?

The registered office of DEGROOTE LUC is located at Moorseelsestraat 21, 8880 Ledegem.

Is DEGROOTE LUC still active?

Yes. According to the CBE (30 October 2026) DEGROOTE LUC is active, legal situation “Normale toestand”, started on 22 December 1992.

Is DEGROOTE LUC registered on Peppol?

Yes, DEGROOTE LUC is registered on the Peppol network with ID 0208:0448919859.

What is the enterprise number of DEGROOTE LUC?

The enterprise number of DEGROOTE LUC is BE0448919859.

When was DEGROOTE LUC founded?

DEGROOTE LUC was founded on 22 December 1992.

Who are the directors of DEGROOTE LUC?

According to the 2024 annual accounts, the directors of DEGROOTE LUC are: Luc DEGROOTE.

Is DEGROOTE LUC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 December 1992; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did DEGROOTE LUC make in 2024?

DEGROOTE LUC posted a profit after taxes of € 64,113 in financial year 2024.

What is the revenue of DEGROOTE LUC?

As a small company, DEGROOTE LUC is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 173,603.

How many employees does DEGROOTE LUC have?

According to the 2024 annual accounts, DEGROOTE LUC has 0.1 full-time equivalents (FTE).

DEGROOTE LUC (Private Limited) - Ledegem - BE0448919859

Dossier DEGROOTE LUC, printed on 30 October 2026 from databakkes.be/en/0448919859/degroote-luc. 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.

Figures corrected NBB

Corrected annual account filed for 2023.

Financials

Financial year 2024

DEGROOTE LUC from Ledegem, company number BE0448919859, closed financial year 2024 with a result of € 64,113 after tax. For that financial year DEGROOTE LUC recorded a gross margin of € 173,603 and equity of € 155,561. Compared with financial year 2023, the result moved from € 54,825 to € 64,113. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 6, 2025.

What it is worth Growing

€ 155,561

▲ 70% vs 2023

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

Profit Growing

€ 64,113

▲ 17% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 23,465

▲ 11% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 31,614.

People and assets in 2024

Full-time equivalents

0.1

▼ 0.1 vs 2023

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

Wage cost

€ 4,063

▼ 43% vs 2023

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

€ 115,953

▲ 114% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 792,861

▲ 64% vs 2023

€ 48,754 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 1.1 million

▲ 8% vs 2023

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

Taxes and wages

€ 40,080

▲ 10% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 134,734 Gross margin 2021: € 134,734 First fiscal year in the series	€ 173,980 Gross margin 2022: € 173,980 ▲ 29% vs 2021 (€ 134,734) Favourable step	€ 156,860 Gross margin 2023: € 156,860 ▼ 10% vs 2022 (€ 173,980) Unfavourable step	€ 173,603 Gross margin 2024: € 173,603 ▲ 11% vs 2023 (€ 156,860) Favourable step	▲ 11%
Profit after taxes	€ 81,221 Profit after taxes 2021: € 81,221 First fiscal year in the series	€ 101,698 Profit after taxes 2022: € 101,698 ▲ 25% vs 2021 (€ 81,221) Favourable step	€ 54,825 Profit after taxes 2023: € 54,825 ▼ 46% vs 2022 (€ 101,698) Unfavourable step	€ 64,113 Profit after taxes 2024: € 64,113 ▲ 17% vs 2023 (€ 54,825) Favourable step	▲ 17%
Equity	€ -65,075 Equity 2021: € -65,075 First fiscal year in the series	€ 36,624 Equity 2022: € 36,624 ▲ € 101,698 vs 2021 (€ -65,075) Favourable step	€ 91,449 Equity 2023: € 91,449 ▲ 150% vs 2022 (€ 36,624) Favourable step	€ 155,561 Equity 2024: € 155,561 ▲ 70% vs 2023 (€ 91,449) Favourable step	▲ 70%
Total debts	€ 2,001,327 Total debts 2021: € 2,001,327 First fiscal year in the series	€ 2,100,537 Total debts 2022: € 2,100,537 ▲ 5% vs 2021 (€ 2,001,327) Unfavourable step	€ 1,792,205 Total debts 2023: € 1,792,205 ▼ 15% vs 2022 (€ 2,100,537) Favourable step	€ 2,135,350 Total debts 2024: € 2,135,350 ▲ 19% vs 2023 (€ 1,792,205) Unfavourable step	▲ 19%
Cash	€ 24,773 Cash 2021: € 24,773 First fiscal year in the series	€ 35,767 Cash 2022: € 35,767 ▲ 44% vs 2021 (€ 24,773) Favourable step	€ 21,066 Cash 2023: € 21,066 ▼ 41% vs 2022 (€ 35,767) Unfavourable step	€ 23,465 Cash 2024: € 23,465 ▲ 11% vs 2023 (€ 21,066) Favourable step	▲ 11%
Land & buildings	€ 3,728 Land & buildings 2021: € 3,728 First fiscal year in the series	€ 1,864 Land & buildings 2022: € 1,864 ▼ 50% vs 2021 (€ 3,728) Unchanged	€ 0 Land & buildings 2023: € 0 ▼ € 1,864 vs 2022 (€ 1,864) Unchanged	-
Retained profit	€ -189,021 Retained profit 2021: € -189,021 First fiscal year in the series	€ -87,323 Retained profit 2022: € -87,323 ▲ € 101,698 vs 2021 (€ -189,021) Favourable step	€ -32,498 Retained profit 2023: € -32,498 ▲ € 54,825 vs 2022 (€ -87,323) Favourable step	€ 31,614 Retained profit 2024: € 31,614 ▲ € 64,113 vs 2023 (€ -32,498) Favourable step	▲ € 64,113
Bank debt	€ 649,319 Bank debt 2021: € 649,319 First fiscal year in the series	€ 696,841 Bank debt 2022: € 696,841 ▲ 7% vs 2021 (€ 649,319) Unfavourable step	€ 482,908 Bank debt 2023: € 482,908 ▼ 31% vs 2022 (€ 696,841) Favourable step	€ 792,861 Bank debt 2024: € 792,861 ▲ 64% vs 2023 (€ 482,908) Unfavourable step	▲ 64%
Balance sheet total	€ 1,936,253 Balance sheet total 2021: € 1,936,253 First fiscal year in the series	€ 2,137,161 Balance sheet total 2022: € 2,137,161 ▲ 10% vs 2021 (€ 1,936,253) Unchanged	€ 1,883,654 Balance sheet total 2023: € 1,883,654 ▼ 12% vs 2022 (€ 2,137,161) Unchanged	€ 2,290,911 Balance sheet total 2024: € 2,290,911 ▲ 22% vs 2023 (€ 1,883,654) Unchanged	▲ 22%
Employees (FTE)	0.2 Employees (FTE) 2021: 0.2 First fiscal year in the series	0.2 Employees (FTE) 2022: 0.2 Unchanged (0.2) Unchanged	0.2 Employees (FTE) 2023: 0.2 Unchanged (0.2) Unchanged	0.1 Employees (FTE) 2024: 0.1 ▼ 0.1 vs 2023 (0.2) Unchanged	▼ 0.1

Key figures of DEGROOTE LUC, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to DEGROOTE LUC?

What happened at DEGROOTE LUC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 6, 2025 New annual accounts for financial year 2024: profit of € 64,113 (▲ 17% vs 2023). filed late Source: NBB ↗
Apr 23, 2020 New establishment in Wevelgem. KBO
Jan 7, 1993 New establishment in Ledegem. KBO
Dec 22, 1992 Start of the company according to the CBE. KBO

In short

From € 81,221 profit in 2021 to € 64,113 profit in 2024.

Paid € 65,985 in corporate taxes since 2021.

Best year ever: 2022, with € 101,698 profit.

Original PDFs at the National Bank ↗

Management

Luc DEGROOTE

DEGROOTE LUC

Behind DEGROOTE LUC is Luc DEGROOTE.

Directors

According to the 2024 annual accounts

Luc DEGROOTE

Manager

Establishments

Establishment units

Physical locations of this company

Registered office

Moorseelsestraat 21

8880 Ledegem

2.301.351.229

Bergelen 118

8560 Wevelgem

Active since 23 April 2020

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Den Vetten Os

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0448.919.859

VAT number

BE 0448.919.859

Registered office

Moorseelsestraat 21, 8880 Ledegem

Names & denominations

DEGROOTE LUC

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 December 1992

Peppol

Active · Active since 30 Dec 2025

Activities · NACE

Groothandel in levend vee

Groothandel in levende dieren

Fokken en houden van paarden en andere paardachtigen

Fokken en houden van melkvee

View on CBE Public ↗ Annual accounts (NBB) ↗

DEGROOTE LUC

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Financials

What happened to DEGROOTE LUC?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions