Financials
Financial year 2025
LGA HR from Gent, company number BE0599940248, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year LGA HR recorded a gross margin of € 5.4 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 605,307 to € 1.4 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 1.1 million
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ 139% vs 2024
Profit after tax over the fiscal year.
€ 726,445
▲ € 576,528 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
42.7
▲ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▲ 4% vs 2024
€ 79,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,816
▼ 81% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2,547
▼ 98% vs 2024
Loans from banks and other lenders, long and short.
€ 275,344
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 642,587
▲ 91% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,746,065 | € 4,598,730 | € 4,148,005 | € 5,443,303 | ▲ 31% |
| Profit after taxes | € 580,178 | € 1,160,547 | € 605,307 | € 1,446,232 | ▲ 139% |
| Equity | € 1,013,738 | € 1,674,286 | € 1,679,593 | € 1,075,824 | ▼ 36% |
| Total debts | € 794,075 | € 947,454 | € 1,678,177 | € 3,154,751 | ▲ 88% |
| Cash | € 307,791 | € 990,194 | € 149,917 | € 726,445 | ▲ € 576,528 |
| Land & buildings | - | - | € 26,840 | € 0 | ▼ 100% |
| Retained profit | € 952,238 | € 1,612,786 | € 1,618,093 | € 1,014,324 | ▼ 37% |
| Dividend | € 0 | € 500,000 | € 600,000 | € 2,050,000 | ▲ 242% |
| Bank debt | € 17,099 | € 0 | € 150,060 | € 2,547 | ▼ 98% |
| Balance sheet total | € 1,807,813 | € 2,621,740 | € 3,357,769 | € 4,230,576 | ▲ 26% |
| Employees (FTE) | 30.1 | 38 | 40.1 | 42.7 | ▲ 2.6 |
Key figures of LGA HR, 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 LGA HR?
What happened at LGA HR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Machelen (Brab.). KBO
- New annual accounts for financial year 2025: profit of € 1.4 million (▲ 139% vs 2024). Source: NBB ↗
- Michaël Bouas became a director. NBB
- BM HR BV became a director. NBB
- B3 Partners BV became a director. NBB
- New establishment in Antwerpen. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 580,178 profit in 2022 to € 1.4 million profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.4 million profit.
On average € 127,500 of value added per employee in 2025.
Management
The stake of LGA HR GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LGA HRBehind LGA HR are Michaël Bouas, BM HR BV and B3 Partners BV. The shares are held by LGA HR GROUP (100%).
Directors
According to the 2025 annual accounts
since 2026
since 2026
Director · represented by Nicholas Boehme
Also active at: LGA HR GROUP, LGA HR Invest
since 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 1146
9051 Gent
Uitbreidingstraat 2-8
2600 Antwerpen
Active since 5 December 2018
Culliganlaan 5 box 30
1831 Machelen (Brab.)
Active since 1 October 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0599.940.248
- VAT number
- BE 0599.940.248
- Registered office
- Kortrijksesteenweg 1146, 9051 Gent
- Names & denominations
- LGA HR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 March 2015
- Peppol
- Active · Active since 14 Jul 2025
- Contact
- +32 (476) 372553
- Activities · NACE
Arbeidsbemiddeling
Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening