Financials
Financial year 2025
L & K from Houthulst, company number BE0460482952, closed financial year 2025 with a result of € 491,126 after tax. For that financial year L & K recorded a gross margin of € 2 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 227,173 to € 491,126. 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 October 2, 2025.
€ 1.4 million
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 491,126
▲ 116% vs 2024
Profit after tax over the fiscal year.
€ 623,575
▲ 141% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 190,000 paid out
39 % of the profit went to the shareholders, mostly to Trypack Agro (75 % of the shares). That is where the money ends up.
People and assets in 2025
27.9
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 804,285
▲ 25% vs 2024
€ 28,800 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.
€ 108,504
▲ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.9 million
▲ 20% vs 2024
€ 358,214 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 193,021
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 145,954
▲ € 136,062 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,209,656 | € 854,369 | € 1,352,457 | € 2,023,461 | ▲ 50% |
| Profit after taxes | € 77,926 | € -64,322 | € 227,173 | € 491,126 | ▲ 116% |
| Equity | € 1,068,748 | € 1,004,427 | € 1,106,600 | € 1,407,726 | ▲ 27% |
| Total debts | € 1,747,002 | € 2,160,751 | € 2,197,335 | € 2,575,422 | ▲ 17% |
| Cash | € 468,049 | € 47,556 | € 259,140 | € 623,575 | ▲ 141% |
| Land & buildings | € 1,283,229 | € 1,639,712 | € 1,679,366 | € 1,832,659 | ▲ 9% |
| Retained profit | € 1,007,248 | € 942,927 | € 1,045,100 | € 1,346,226 | ▲ 29% |
| Dividend | € 60,000 | € 0 | € 125,000 | € 190,000 | ▲ 52% |
| Bank debt | € 1,314,584 | € 1,656,428 | € 1,559,341 | € 1,873,418 | ▲ 20% |
| Balance sheet total | € 2,823,275 | € 3,166,777 | € 3,304,735 | € 3,983,148 | ▲ 21% |
| Employees (FTE) | 27.5 | 29.2 | 26.3 | 27.9 | ▲ 1.6 |
Key figures of L & K, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to L & K?
What happened at L & K in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sam Trybou stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 491,126 (▲ 116% vs 2024). Source: NBB ↗
- Sam Trybou became a director. NBB
- New establishment in Houthulst. KBO
- Start of the company according to the CBE. KBO
In short
From € 77,926 profit in 2022 to € 491,126 profit in 2025.
Paid € 182,736 in corporate taxes since 2022.
Best year ever: 2025, with € 491,126 profit.
On average € 72,500 of value added per employee in 2025.
Management
The stake of Trypack Agro comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
L & KThe shares are held by Trypack Agro (74.7%).
Directors
According to the 2025 annual accounts
since 2013 · until 2026
Shareholders
74.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
7e-Geniestraat 32
8650 Houthulst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.482.952
- VAT number
- BE 0460.482.952
- Registered office
- 7e-Geniestraat 32, 8650 Houthulst
- Names & denominations
- L & K
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 April 1997
- Peppol
- Active · Active since 14 Oct 2025
- Activities · NACE
Teelt van groenten, meloenen en wortel- en knolgewassen
Groenteteelt
Landschapsverzorging
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken