Financials
Financial year 2025
LSVR from Menen, company number BE0461017937, closed financial year 2025 with a result of € 316,533 after tax. For that financial year LSVR recorded a gross margin of € 939,040 and equity of € 940,225. Compared with financial year 2024, the result moved from € 41,004 to € 316,533. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 940,225
▲ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 316,533
▲ € 275,529 vs 2024
Profit after tax over the fiscal year.
€ 382,218
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 915,525.
People and assets in 2025
2.4
▼ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 239,151
▲ 5% vs 2024
€ 99,600 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.
€ 22,806
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▼ 17% vs 2024
€ 110,727 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 1 million
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,485
▲ 85% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 695,906 | € 664,778 | € 526,994 | € 939,040 | ▲ 78% |
| Profit after taxes | € 155,819 | € 60,561 | € 41,004 | € 316,533 | ▲ € 275,529 |
| Equity | € 522,126 | € 582,687 | € 623,691 | € 940,225 | ▲ 51% |
| Total debts | € 3,022,718 | € 4,654,940 | € 3,475,442 | € 2,520,378 | ▼ 27% |
| Cash | € 57,622 | € 116,138 | € 512,328 | € 382,218 | ▼ 25% |
| Land & buildings | € 735,310 | € 718,411 | € 666,144 | € 617,583 | ▼ 7% |
| Retained profit | € 497,426 | € 557,987 | € 598,991 | € 915,525 | ▲ 53% |
| Bank debt | € 1,486,287 | € 1,578,202 | € 1,484,960 | € 1,230,032 | ▼ 17% |
| Balance sheet total | € 3,544,844 | € 5,237,627 | € 4,099,133 | € 3,460,603 | ▼ 16% |
| Employees (FTE) | 5.3 | 5 | 6 | 2.4 | ▼ 3.6 |
Key figures of LSVR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to LSVR?
What happened at LSVR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 316,533 (▲ € 275,529 vs 2024). Source: NBB ↗
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 155,819 profit in 2022 to € 316,533 profit in 2025.
Paid € 218,343 in corporate taxes since 2022.
Best year ever: 2025, with € 316,533 profit.
On average € 391,300 of value added per employee in 2025.
Management
Behind LSVR are Stefaan VANSTEENKISTE and Sam VANSTEENKISTE.
Directors
According to the 2025 annual accounts
Stefaan VANSTEENKISTE
Director
Sam VANSTEENKISTE
Director
Establishments
Establishment units
Physical locations of this company
Paradijsstraat 79
8930 Menen
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.017.937
- VAT number
- BE 0461.017.937
- Registered office
- Paradijsstraat 79, 8930 Menen
- Names & denominations
- LSVR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 1997
- Peppol
- Active · Active since 17 Jun 2025
- Activities · NACE
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