Financials
Financial year 2024
LANCER EUROPE from Zaventem, company number BE0460063179, closed financial year 2024 with a result of € 2.8 million after tax. For that financial year LANCER EUROPE recorded revenue of € 27.3 million and equity of € 13.3 million. Compared with financial year 2023, the result moved from € 1.8 million to € 2.8 million. 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 July 9, 2025.
€ 13.3 million
▲ 11% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.8 million
▲ 59% vs 2023
Profit after tax over the fiscal year.
€ 6.5 million
▲ 57% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
54 % of the profit went to the shareholders, mostly to Lancer Corporation (100 % of the shares). That is where the money ends up.
People and assets in 2024
7
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 9% vs 2023
€ 184,900 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.
€ 65,222
▼ 22% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 4.3 million
▲ 18% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.
€ 765,883
▲ 111% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 22,249,581 | € 22,590,855 | € 24,623,196 | € 27,349,144 | ▲ 11% |
| Profit after taxes | € 1,472,225 | € 1,054,820 | € 1,758,814 | € 2,796,049 | ▲ 59% |
| Equity | € 10,226,088 | € 10,280,907 | € 12,039,722 | € 13,335,771 | ▲ 11% |
| Total debts | € 3,864,300 | € 4,820,249 | € 4,175,804 | € 7,393,300 | ▲ 77% |
| Cash | € 4,667,990 | € 3,221,728 | € 4,135,906 | € 6,492,031 | ▲ 57% |
| Land & buildings | - | - | - | € 1,163,778 | |
| Retained profit | € 10,164,114 | € 10,218,934 | € 11,977,748 | € 13,273,797 | ▲ 11% |
| Dividend | € 1,500,000 | € 1,000,000 | € 0 | € 1,500,000 | |
| Balance sheet total | € 14,090,388 | € 15,101,156 | € 16,215,526 | € 20,729,071 | ▲ 28% |
| Employees (FTE) | 6 | 6.8 | 7 | 7 |
By revenue, LANCER EUROPE ranks 2nd of 8 companies with main activity “Groothandel in andere machines en werktuigen, neg” in Zaventem that publish figures (fiscal year 2024).
Key figures of LANCER EUROPE, 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.
Ask about LANCER EUROPE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to LANCER EUROPE?
What happened at LANCER EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 2.8 million (▲ 59% vs 2023). Source: NBB ↗
- Steven De Meijer stepped down as director. NBB
- Matthew Whitener stepped down as director. NBB
- Wbaldo Perez stepped down as director. NBB
- Marc Phillis stepped down as director. NBB
- Scott Adams stepped down as director. NBB
- Steven De Meijer became a director. NBB
- Matthew Whitener became a director. NBB
In short
From € 1.5 million profit in 2021 to € 2.8 million profit in 2024.
Paid € 2.6 million in corporate taxes since 2021.
Best year ever: 2024, with € 2.8 million profit.
Paid out € 4 million in dividends to the owners in total.
Management
The shares are held by Lancer Corporation (100%).
Directors
According to the 2024 annual accounts
Steven De Meijer
Director
since 2023 · until 2025
Matthew Whitener
Director
since 2023 · until 2025
Wbaldo Perez
Director
since 2023 · until 2025
Marc Phillis
Director
since 2023 · until 2025
Scott Adams
Director
since 2023 · until 2025
Shareholders
Lancer Corporation
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 592
1930 Zaventem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Zaventem
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€ 107.2 million revenue · 2025
€ 13.5 million revenue · 2024
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€ 4.9 million gross margin · 2023
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Domain
Domain
lancerworldwide.com
Registered
2019-09-23
Registrar
GoDaddy.com, LLC
Expires
2026-09-23
Website info
Features
Security
Details
- Company number
- 0460.063.179
- VAT number
- BE 0460.063.179
- Registered office
- Mechelsesteenweg 592, 1930 Zaventem
- Names & denominations
- LANCER EUROPE · LANCER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 1997
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- lancerworldwide.com
- Activities · NACE
Groothandel in andere machines en werktuigen, neg
Groothandel in diverse machines en uitrusting voor handel en dienstverlening, n.e.g.
Vervaardiging van verkoopautomaten
Groothandel in andere machines en werktuigen, n.e.g.