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 1.3 to 0.4.
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Busy address KBO
82 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
LOGISTICS TECHNOLOGY MANUFACTURING SERVICE GROUP from Sint-Agatha-Berchem, company number BE0465927622, closed financial year 2026 with a result of € 26,102 after tax. For that financial year LOGISTICS TECHNOLOGY MANUFACTURING SERVICE GROUP recorded a gross margin of € 79,681 and equity of € 57,727. Compared with financial year 2025, the result moved from € 1,430 to € 26,102. 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 October 14, 2026.
€ 57,727
▲ 2% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,102
▲ € 24,672 vs 2025
Profit after tax over the fiscal year.
€ 17,033
▼ 35% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 25,000 paid out
96 % of the profit went to the shareholders, mostly to CONDUCT (100 % of the shares). That is where the money ends up.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 49,999
▼ 41% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 456
▼ 92% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 10,171
▼ 5% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 138,738 | € 109,742 | € 91,019 | € 79,681 | ▼ 12% |
| Profit after taxes | € 25,988 | € 8,251 | € 1,430 | € 26,102 | ▲ € 24,672 |
| Equity | € 49,144 | € 55,195 | € 56,625 | € 57,727 | ▲ 2% |
| Total debts | € 113,372 | € 70,759 | € 16,757 | € 35,772 | ▲ 113% |
| Cash | € 69,393 | € 32,976 | € 26,115 | € 17,033 | ▼ 35% |
| Retained profit | € 49,143 | € 55,194 | € 56,624 | € 57,726 | ▲ 2% |
| Dividend | € 5,000 | € 0 | € 0 | € 25,000 | |
| Balance sheet total | € 162,516 | € 125,954 | € 73,383 | € 93,499 | ▲ 27% |
| Employees (FTE) | 1.5 | 1.3 | 1 | 0.4 | ▼ 0.6 |
Key figures of LOGISTICS TECHNOLOGY MANUFACTURING SERVICE GROUP, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to LOGISTICS TECHNOLOGY MANUFACTURING SERVICE GROUP?
What happened at LOGISTICS TECHNOLOGY MANUFACTURING SERVICE GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 26,102 (▲ € 24,672 vs 2025). Source: NBB ↗
- Conduct bv became a director. NBB
- New establishment in Oosterzele. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,988 profit in 2023 to € 26,102 profit in 2026.
Paid € 20,643 in corporate taxes since 2023.
Best year ever: 2026, with € 26,102 profit.
On average € 91,000 of value added per employee in 2025.
Management
The stake of CONDUCT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LOGISTICS TECHNOLOGY MANUFACTURING SERVICE GROUPBehind LOGISTICS TECHNOLOGY MANUFACTURING SERVICE GROUP are Conduct bv and Michèle Moerman. The shares are held by CONDUCT (100%).
Directors
According to the 2026 annual accounts
Director · represented by Filip Demyttenaere
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Keizer Karellaan 584
1082 Sint-Agatha-Berchem
Windekekouter 68
9860 Oosterzele
Active since 9 June 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 82 companies are registered at this address.
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€ 492,460 gross margin · 2025
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€ 20.7 million revenue · 2025
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€ 63.4 million revenue · 2025
+77 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
- 0465.927.622
- VAT number
- BE 0465.927.622
- Registered office
- Keizer Karellaan 584, 1082 Sint-Agatha-Berchem
- Names & denominations
- LOGISTICS TECHNOLOGY MANUFACTURING SERVICE GROUP · L T M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 1999
- Peppol
- Active · Active since 23 Sept 2025
- Activities · NACE
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