Financials
Financial year 2025
LUBOR from Ternat, company number BE0465048583, closed financial year 2025 with a result of € 57,787 after tax. For that financial year LUBOR recorded a gross margin of € 119,810 and equity of € 230,439. Compared with financial year 2024, the result moved from € 55,975 to € 57,787. Profitable, and profit is growing. 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 July 29, 2026.
€ 230,439
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57,787
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 150,563
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 86,012 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 46,247
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 18,579
▼ 38% vs 2024
€ 11,612 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 997
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,058
▲ 68% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 65,844 | € 81,029 | € 115,873 | € 119,810 | ▲ 3% |
| Profit after taxes | € 35,556 | € 41,355 | € 55,975 | € 57,787 | ▲ 3% |
| Equity | € 209,125 | € 231,621 | € 258,665 | € 230,439 | ▼ 11% |
| Total debts | € 49,068 | € 78,412 | € 51,558 | € 63,813 | ▲ 24% |
| Cash | € 135,573 | € 115,163 | € 123,826 | € 150,563 | ▲ 22% |
| Land & buildings | € 45,571 | € 39,872 | € 34,173 | € 29,474 | ▼ 14% |
| Retained profit | € 202,917 | € 225,413 | € 252,457 | € 224,231 | ▼ 11% |
| Dividend | € 22,744 | € 18,859 | € 28,932 | € 86,012 | ▲ 197% |
| Bank debt | € 7,598 | € 46,856 | € 29,787 | € 18,579 | ▼ 38% |
| Balance sheet total | € 258,194 | € 310,033 | € 310,223 | € 294,252 | ▼ 5% |
Key figures of LUBOR, 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 LUBOR?
What happened at LUBOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 57,787 (▲ 3% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Ternat. KBO
In short
From € 35,556 profit in 2022 to € 57,787 profit in 2025.
Paid € 94,182 in corporate taxes since 2022.
Best year ever: 2025, with € 57,787 profit.
Paid out € 156,546 in dividends to the owners in total.
Management
Behind LUBOR is Ludo Borremans.
Directors
According to the 2025 annual accounts
Ludo Borremans
Director
Establishments
Establishment units
Physical locations of this company
Ternatstraat 37
1742 Ternat
Brusselstraat 28 box 1
1740 Ternat
Active since 29 December 1998
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.048.583
- VAT number
- BE 0465.048.583
- Registered office
- Ternatstraat 37, 1742 Ternat
- Names & denominations
- LUBOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 1999
- Peppol
- Active · Active since 21 Dec 2024
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Boekhouders
Boekhouders en boekhouders-fiscalisten