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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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LBS from Gent, company number BE0561780151, closed financial year 2025 with a result of € 42,051 after tax. For that financial year LBS recorded a gross margin of € 99,629 and equity of € 60,651. Compared with financial year 2024, the result moved from € 48,331 to € 42,051. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 60,651
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,051
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 39,017
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 78,225 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.
€ 38,695
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 135,607
▼ 14% vs 2024
€ 22,014 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1,416
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,110
▼ 10% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 73,804 | € 107,475 | € 102,733 | € 99,629 | ▼ 3% |
| Profit after taxes | € 44,056 | € 50,475 | € 48,331 | € 42,051 | ▼ 13% |
| Equity | € 48,019 | € 73,494 | € 96,825 | € 60,651 | ▼ 37% |
| Total debts | € 319,636 | € 297,022 | € 221,851 | € 231,149 | ▲ 4% |
| Cash | € 27,149 | € 63,892 | € 30,963 | € 39,017 | ▲ 26% |
| Land & buildings | € 211,256 | € 210,107 | € 207,734 | € 202,900 | ▼ 2% |
| Retained profit | € 29,419 | € 54,894 | € 78,225 | € 42,051 | ▼ 46% |
| Dividend | € 44,000 | € 25,000 | € 25,000 | € 78,225 | ▲ 213% |
| Bank debt | € 198,052 | € 177,814 | € 157,009 | € 135,607 | ▼ 14% |
| Balance sheet total | € 367,655 | € 370,516 | € 318,676 | € 291,800 | ▼ 8% |
Key figures of LBS, 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 LBS?
What happened at LBS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 42,051 (▼ 13% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,056 profit in 2022 to € 42,051 profit in 2025.
Paid € 79,536 in corporate taxes since 2022.
Best year ever: 2023, with € 50,475 profit.
Paid out € 172,225 in dividends to the owners in total.
A new publication or filing at LBS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind LBS is LODE ASSELMAN. LODE ASSELMAN is also behind L4P Invest and WOLFMAN.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Kortrijksepoortstraat 186 box 1
9000 Gent
Kortrijksepoortstraat 186 box bus 001
9000 Gent
Active since 4 September 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0561.780.151
- VAT number
- BE 0561.780.151
- Registered office
- Kortrijksepoortstraat 186 bus 1, 9000 Gent
- Names & denominations
- LBS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 2014
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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