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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LASTEK BELGIUM from Herentals, company number BE0453518847, closed financial year 2025 with a result of € -1.2 million after tax. For that financial year LASTEK BELGIUM recorded a gross margin of € 1.5 million and equity of € -1 million. Compared with financial year 2024, the result moved from € -717,622 to € -1.2 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -1 million
▼ € 1.2 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.2 million
▼ 68 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,827
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2025
28.1
▼ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▼ 1% vs 2024
€ 83,200 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.
€ 172,108
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10.3 million
▲ 31% vs 2024
Loans from banks and other lenders, long and short.
€ 94,305
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 287,481
▲ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,210,298 | € 2,254,263 | € 1,919,400 | € 1,470,942 | ▼ 23% |
| Profit after taxes | € 71,892 | € -232,493 | € -717,622 | € -1,204,612 | ▼ € 486,989 |
| Equity | € 1,140,367 | € 907,875 | € 190,253 | € -1,014,359 | ▼ € 1.2 million |
| Total debts | € 6,706,783 | € 7,419,739 | € 8,528,473 | € 10,905,585 | ▲ 28% |
| Cash | € 349,933 | € 197,147 | € 83,534 | € 5,827 | ▼ 93% |
| Retained profit | € 1,078,867 | € 846,375 | € 128,753 | € -1,075,859 | ▼ € 1.2 million |
| Bank debt | € 5,885,442 | € 6,536,654 | € 7,882,615 | € 10,309,774 | ▲ 31% |
| Balance sheet total | € 7,847,150 | € 8,327,614 | € 8,718,725 | € 9,891,226 | ▲ 13% |
| Employees (FTE) | 31.3 | 30 | 31.2 | 28.1 | ▼ 3.1 |
Key figures of LASTEK BELGIUM, 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 LASTEK BELGIUM?
What happened at LASTEK BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.2 million. filed late Source: NBB ↗
- WOLFSTEE INVESTMENT I BV became a director. NBB
- BRABELI BV became a director. NBB
- New establishment in Herentals. KBO
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 71,892 profit in 2022 to € 1.2 million loss in 2025.
Paid € 22,553 in corporate taxes since 2022.
Best year ever: 2022, with € 71,892 profit.
On average € 52,300 of value added per employee in 2025.
Management
The stake of WOLFSTEE INVESTMENT II comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LASTEK BELGIUMBehind LASTEK BELGIUM are WOLFSTEE INVESTMENT I BV and BRABELI BV. The shares are held by WOLFSTEE INVESTMENT II (99.9%).
Directors
According to the 2025 annual accounts
Managing director · represented by Gustaaf WILS
Also active at: Welding Company, ANTWERP INDUSTRIAL PRODUCTS, Metalpart
since 2018
Director · represented by Timothy WILS
Also active at: Welding Company, ANTWERP INDUSTRIAL PRODUCTS, Metalpart, WOLFSTEE INVESTMENT II
since 2018
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Toekomstlaan(HRT) 50
2200 Herentals
Hoogleedsesteenweg 346
8800 Roeselare
Active since 21 October 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0453.518.847
- VAT number
- BE 0453.518.847
- Registered office
- Toekomstlaan(HRT) 50, 2200 Herentals
- Names & denominations
- LASTEK BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 1994
- Peppol
- Active · Active since 11 Dec 2025
- Contact
- lastek.be
- Activities · NACE
Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv
Groothandel in andere machines en werktuigen, neg
Vervaardiging van gereedschap, muv vormkasten en gietvormen
Vervaardiging van gereedschap
Groothandel in andere machines en werktuigen, n.e.g.
Vervaardiging van gereedschap, m.u.v. vormkasten en gietvormen
Groothandel in gereedschapswerktuigen
Vervaardiging van radiatoren, stoomketels en ketels voor centrale verwarming
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