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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
L ET S from Comines-Warneton, company number BE0461933004, closed financial year 2025 with a result of € -258,021 after tax. For that financial year L ET S recorded a gross margin of € -8,580 and equity of € 485,293. Compared with financial year 2024, the result moved from € -48,303 to € -258,021. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 19, 2026.
€ 485,293
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -258,021
▼ 434 % more loss than in 2024
Profit after tax over the fiscal year.
€ 93,967
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 423,293.
People and assets in 2025
4.1
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 217,610
▲ 10% vs 2024
€ 53,100 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.
€ 243
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14,453
▲ 107% vs 2024
€ 5,606 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 179,736
▲ 131% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,849
▲ 56% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 222,401 | € 241,607 | € 169,018 | € -8,580 | ▼ € 177,598 |
| Profit after taxes | € 22,669 | € 29,782 | € -48,303 | € -258,021 | ▼ € 209,718 |
| Equity | € 761,284 | € 791,618 | € 743,315 | € 485,293 | ▼ 35% |
| Total debts | € 60,208 | € 121,531 | € 106,622 | € 345,333 | ▲ 224% |
| Cash | € 268,339 | € 102,620 | € 103,403 | € 93,967 | ▼ 9% |
| Retained profit | € 699,284 | € 729,618 | € 681,315 | € 423,293 | ▼ 38% |
| Bank debt | € 0 | € 15,581 | € 6,994 | € 14,453 | ▲ 107% |
| Balance sheet total | € 821,493 | € 913,149 | € 849,936 | € 830,626 | ▼ 2% |
| Employees (FTE) | 3.9 | 3.9 | 3.9 | 4.1 | ▲ 0.2 |
Key figures of L ET S, 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 L ET S?
What happened at L ET S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 258,021. filed late Source: NBB ↗
- New establishment in Comines-Warneton. KBO
- Start of the company according to the CBE. KBO
- Sylvain Ente became a director. NBB
In short
From € 22,669 profit in 2022 to € 258,021 loss in 2025.
Paid € 16,057 in corporate taxes since 2022.
Best year ever: 2023, with € 29,782 profit.
On average € 43,300 of value added per employee in 2024.
Management
Behind L ET S is Sylvain Ente.
Directors
According to the 2025 annual accounts
Sylvain Ente
Director
since 1997
Establishments
Establishment units
Physical locations of this company
Romarijnstraat(PL) 79
7782 Comines-Warneton
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.933.004
- VAT number
- BE 0461.933.004
- Registered office
- Romarijnstraat(PL) 79, 7782 Comines-Warneton
- Names & denominations
- L ET S
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 1997
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
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