Financials
Financial year 2024
LS EUROPE from Sint-Niklaas, company number BE0654929845, closed financial year 2024 with a result of € 25,803 after tax. For that financial year LS EUROPE recorded a gross margin of € 59,312 and equity of € 64,902. Compared with financial year 2023, the result moved from € 7,578 to € 25,803. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 29, 2025.
€ 64,902
▲ 66% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,803
▲ 240% vs 2023
Profit after tax over the fiscal year.
€ 27,357
▲ 8% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 46,302.
Debts at end 2024
€ 492,506
▼ 8% vs 2023
Loans from banks and other lenders, long and short.
€ 424,772
▼ 38% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 21,072
▼ 90% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 10,764 | € 4,225 | € 28,104 | € 59,312 | ▲ 111% |
| Profit after taxes | € 1,827 | € 2,158 | € 7,578 | € 25,803 | ▲ 240% |
| Equity | € 29,363 | € 31,521 | € 39,099 | € 64,902 | ▲ 66% |
| Total debts | € 592,126 | € 692,976 | € 1,514,798 | € 1,032,635 | ▼ 32% |
| Cash | € 3,937 | € 5,469 | € 25,251 | € 27,357 | ▲ 8% |
| Retained profit | € 10,763 | € 12,921 | € 20,499 | € 46,302 | ▲ 126% |
| Bank debt | € 365,710 | € 0 | € 532,506 | € 492,506 | ▼ 8% |
| Balance sheet total | € 621,489 | € 724,497 | € 1,553,897 | € 1,097,537 | ▼ 29% |
Key figures of LS EUROPE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LS EUROPE?
What happened at LS EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 25,803 (▲ 240% vs 2023). filed late Source: NBB ↗
- Amy Ip Chung Sze became a director. NBB
- New establishment in Aartselaar. KBO
- Pang Wai Yin became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,827 profit in 2021 to € 25,803 profit in 2024.
Paid € 22,637 in corporate taxes since 2021.
Best year ever: 2024, with € 25,803 profit.
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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 LS EUROPE are Pang Wai Yin and Amy Ip Chung Sze. Amy Ip Chung Sze is also behind VIA MOSAE.
Directors
According to the 2024 annual accounts
Pang Wai Yin
Director
since 2016
since 2020
Establishments
Establishment units
Physical locations of this company
Europark-Noord 43d
9100 Sint-Niklaas
Jan Blockxlaan 31
2630 Aartselaar
Active since 24 May 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0654.929.845
- VAT number
- BE 0654.929.845
- Registered office
- Europark-Noord 43d, 9100 Sint-Niklaas
- Names & denominations
- LS EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2016
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Groothandel in huismeubilair
Detailhandel in huismeubilair
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