Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LIERO from Gistel, company number BE0471951619, closed financial year 2025 with a result of € -40,992 after tax. For that financial year LIERO recorded a gross margin of € -10,078 and equity of € -136,149. Compared with financial year 2024, the result moved from € -27,882 to € -40,992. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ -136,149
▼ € 40,992 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,992
▼ 47 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,024
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -198,149.
People and assets in 2025
€ 26,859
▼ 27% 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.
€ 2,577
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 80,923 | € -12,750 | € 3,878 | € -10,078 | ▼ € 13,956 |
| Profit after taxes | € 37,875 | € -35,289 | € -27,882 | € -40,992 | ▼ € 13,110 |
| Equity | € -31,985 | € -67,274 | € -95,157 | € -136,149 | ▼ € 40,992 |
| Total debts | € 1,033,820 | € 816,232 | € 778,001 | € 783,634 | ▲ 1% |
| Cash | € 332,612 | € 46,731 | € 7,074 | € 2,024 | ▼ 71% |
| Land & buildings | € 707,582 | € 721,474 | € 700,473 | € 679,472 | ▼ 3% |
| Retained profit | € -93,985 | € -129,274 | € -157,157 | € -198,149 | ▼ € 40,992 |
| Balance sheet total | € 1,078,303 | € 822,479 | € 753,419 | € 715,114 | ▼ 5% |
Key figures of LIERO, 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 LIERO?
What happened at LIERO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,992. filed late Source: NBB ↗
- Martin De Herdt became a director. NBB
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,875 profit in 2022 to € 40,992 loss in 2025.
Paid € 684 in corporate taxes since 2022.
Best year ever: 2022, with € 37,875 profit.
Management
Behind LIERO is Martin De Herdt.
Directors
According to the 2025 annual accounts
Martin De Herdt
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Zomerloosstraat 31
8470 Gistel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.951.619
- VAT number
- BE 0471.951.619
- Registered office
- Zomerloosstraat 31, 8470 Gistel
- Names & denominations
- LIERO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2000
- Peppol
- Active · Active since 24 Sept 2025
- Activities · NACE
Schrijnwerk
Zelfstandig werkende kunstenaars en artiesten
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
Plaatsen van vloerbedekking en wandbekleding van hout