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.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
A.R.L. from Lasne, company number BE0464357509, closed financial year 2025 with a result of € -63,571 after tax. For that financial year A.R.L. recorded a gross margin of € 126,514 and equity of € 244,799. Compared with financial year 2024, the result moved from € -67,522 to € -63,571. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.
€ 244,799
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,571
▲ 6 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,986
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 195,220.
People and assets in 2025
€ 7,249
▼ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 580,295
▼ 14% vs 2024
€ 49,843 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 45,982
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,104
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 51,140 | € 79,598 | € 99,829 | € 126,514 | ▲ 27% |
| Profit after taxes | € -96,440 | € -66,119 | € -67,522 | € -63,571 | ▲ € 3,951 |
| Equity | € 443,797 | € 377,678 | € 308,370 | € 244,799 | ▼ 21% |
| Total debts | € 1,085,194 | € 1,023,237 | € 961,439 | € 917,403 | ▼ 5% |
| Cash | € 9,352 | € 4,483 | € 4,219 | € 5,986 | ▲ 42% |
| Land & buildings | € 1,749,863 | € 1,642,462 | € 1,492,513 | € 1,340,665 | ▼ 10% |
| Retained profit | € 394,218 | € 328,099 | € 258,791 | € 195,220 | ▼ 25% |
| Bank debt | € 841,350 | € 762,752 | € 676,229 | € 580,295 | ▼ 14% |
| Balance sheet total | € 1,809,639 | € 1,660,479 | € 1,508,288 | € 1,379,597 | ▼ 9% |
Key figures of A.R.L., 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 A.R.L.?
What happened at A.R.L. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 63,571. filed late Source: NBB ↗
- DAVID VLADIMIR LUSTMAN became a director. NBB
- New establishment in Lasne. KBO
- Start of the company according to the CBE. KBO
In short
From € 96,440 loss in 2022 to € 63,571 loss in 2025.
Paid € 15,502 in corporate taxes since 2022.
Management
Behind A.R.L. is DAVID VLADIMIR LUSTMAN.
Directors
According to the 2025 annual accounts
DAVID VLADIMIR LUSTMAN
Director
since 2004
Establishments
Establishment units
Physical locations of this company
Chemin de la Ramée 2
1380 Lasne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →AUX QUATRE SAISONS
HENDBOEG et Co
€ -2,911 gross margin · 2025
TERRA INCOGNITA
TRADE AND COACHING
€ 38,697 gross margin · 2025
CHAMPAGNE DUVAL-LEROY INTERNATIONAL (BELGIUM)
+2 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
- 0464.357.509
- VAT number
- BE 0464.357.509
- Registered office
- Chemin de la Ramée 2, 1380 Lasne
- Names & denominations
- A.R.L.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1998
- Peppol
- Not registered
- Activities · NACE
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