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 4 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 1 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
LYO from Gent, company number BE0454275051, closed financial year 2025 with a result of € -1,513 after tax. For that financial year LYO recorded a gross margin of € -1,129 and equity of € -16,244. Compared with financial year 2024, the result moved from € -743 to € -1,513. 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 April 7, 2026.
€ -16,244
▼ € 1,513 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,513
▼ 104 % more loss than in 2024
Profit after tax over the fiscal year.
€ 234
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -34,836.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,743 | € -1,437 | € -361 | € -1,129 | ▼ € 768 |
| Profit after taxes | € -2,105 | € -1,809 | € -743 | € -1,513 | ▼ € 770 |
| Equity | € -12,179 | € -13,987 | € -14,731 | € -16,244 | ▼ € 1,513 |
| Total debts | € 12,978 | € 13,987 | € 15,978 | € 16,478 | ▲ 3% |
| Cash | € 799 | - | € 1,247 | € 234 | ▼ 81% |
| Retained profit | € -30,771 | € -32,579 | € -33,323 | € -34,836 | ▼ € 1,513 |
| Bank debt | € 0 | € 10 | € 0 | € 0 | |
| Balance sheet total | € 799 | € 0 | € 1,247 | € 234 | ▼ 81% |
Key figures of LYO, 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 LYO?
What happened at LYO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,513. Source: NBB ↗
- Flamingo Star BVBA became a director. NBB
- 2Parfin BVBA became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,105 loss in 2022 to € 1,513 loss in 2025.
Management
Behind LYO are 2Parfin BVBA and Flamingo Star BVBA. 2Parfin BVBA is also behind JADE, Dancal Elektro, LDL IMMO, LDL GROUP HOLDING and Immo4Ruien.
Directors
According to the 2025 annual accounts
Director · represented by Frank Lampole
Also active at: JADE, Dancal Elektro, LDL IMMO, LDL GROUP HOLDING, Immo4Ruien, Jade Holding, Ciro-Home, HOLDING VANDENBOSSCHE +1 more
since 2008
Director · represented by Philippe De Wulf
since 2010
Establishments
Establishment units
Physical locations of this company
Nederkouter 118 box 301
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0454.275.051
- VAT number
- BE 0454.275.051
- Registered office
- Nederkouter 118 bus 301, 9000 Gent
- Names & denominations
- LYO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1994
- Peppol
- Not registered