Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 17.9 to 9.7.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Lamitrans from Wevelgem, company number BE0462129081, closed financial year 2025 with a result of € 137,310 after tax. For that financial year Lamitrans recorded a gross margin of € 852,299 and equity of € 785,811. Compared with financial year 2024, the result moved from € 43,226 to € 137,310. 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 June 26, 2026.
€ 785,811
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 137,310
▲ 218% vs 2024
Profit after tax over the fiscal year.
€ 359,076
▲ € 315,983 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 125,000 paid out
91 % of the profit went to the shareholders, mostly to INTERNATIONAL WOOD HOLDING (100 % of the shares). That is where the money ends up.
People and assets in 2025
9.7
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 462,362
▼ 16% vs 2024
€ 47,700 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.
€ 504,918
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 62,375
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,011
▼ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,031,826 | € 1,389,280 | € 869,358 | € 852,299 | ▼ 2% |
| Profit after taxes | € 79,960 | € 302,019 | € 43,226 | € 137,310 | ▲ 218% |
| Equity | € 448,257 | € 750,275 | € 773,501 | € 785,811 | ▲ 2% |
| Total debts | € 328,954 | € 510,184 | € 144,611 | € 224,386 | ▲ 55% |
| Cash | € 242,891 | € 62,435 | € 43,093 | € 359,076 | ▲ € 315,983 |
| Retained profit | € 348,257 | € 650,275 | € 673,501 | € 685,811 | ▲ 2% |
| Dividend | € 0 | € 0 | € 20,000 | € 125,000 | ▲ € 105,000 |
| Bank debt | € 154,139 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 777,210 | € 1,260,459 | € 918,112 | € 1,010,197 | ▲ 10% |
| Employees (FTE) | 16.9 | 17.9 | 11 | 9.7 | ▼ 1.3 |
Key figures of Lamitrans, 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 Lamitrans?
What happened at Lamitrans in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 137,310 (▲ 218% vs 2024). Source: NBB ↗
- Seastar Capital BV became a director. NBB
- Devax BV became a director. NBB
- Belinvest NV stepped down as director. NBB
- Michael Van Cauwenberge stepped down as director. NBB
- Michael Van Cauwenberge became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 79,960 profit in 2022 to € 137,310 profit in 2025.
Paid € 198,852 in corporate taxes since 2022.
Best year ever: 2023, with € 302,019 profit.
On average € 87,900 of value added per employee in 2025.
Management
The stake of INTERNATIONAL WOOD HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LamitransBehind Lamitrans are Seastar Capital BV, Devax BV and International Wood Holding NV. The shares are held by INTERNATIONAL WOOD HOLDING (100%).
Directors
According to the 2025 annual accounts
Director · represented by Michael Van Cauwenberge
Also active at: Placabois, LESAGE INDUSTRIES, Batal, FINIPAN, HEBIC, VANCA-BELGIUM, WITON, RNA Pioneering +17 more
since 2025
Director · represented by Axel Devos
Also active at: Placabois, FINIPAN, VANCA-BELGIUM, Forma Belgium, TRILAM, INTERNATIONAL WOOD HOLDING, INTERNATIONAL WOOD PRODUCTS
since 2025
Managing director · represented by Joost Van Cauwenberge
Also active at: Placabois, FINIPAN, HEBIC, VANCA-BELGIUM, WITON, Forma Belgium, TRILAM, INTERNATIONAL WOOD PRODUCTS +1 more
Director · represented by Bart Allossery
Also active at: Placabois, FINIPAN, HEBIC, VANCA-BELGIUM, PARTNERS@VENTURE, STRATINVEST, DESIGN VENTURES, Agri-LL-Invest +6 more
· until 2025
Michael Van Cauwenberge
Director
Also active at: FINIPAN, HEBIC, VANCA-BELGIUM, GHEKIERE INDUSTRIES, STRATINVEST, Ghekiere Immo, SEASTAR CAPITAL, DESIGN VENTURES +7 more
since 2024 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oostlaan 4
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →Placabois same network
€ 1.3 million gross margin · 2025
FINIPAN same network
€ 980,793 gross margin · 2025
HEBIC same network
€ 2.5 million gross margin · 2025
VANCA-BELGIUM same network
€ 17.5 million revenue · 2025
STRATINVEST same network
€ 1.4 million gross margin · 2025
+11 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.129.081
- VAT number
- BE 0462.129.081
- Registered office
- Oostlaan 4, 8560 Wevelgem
- Names & denominations
- Lamitrans
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1997
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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