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.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LH Underwear from Tournai, company number BE0662906215, closed financial year 2025 with a result of € 25,970 after tax. For that financial year LH Underwear recorded a gross margin of € 90,659 and equity of € -22,813. Compared with financial year 2024, the result moved from € -28,257 to € 25,970. Profitable, and profit is growing. 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 31, 2026.
€ -22,813
▲ € 25,970 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,970
▲ still € 28,257 loss in 2024
Profit after tax over the fiscal year.
€ 69,222
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -42,813.
People and assets in 2025
€ 48,299
▲ 15% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 15,646
▼ 30% 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.
€ 620,863
▲ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,674
▲ 73% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,014 | € 61,746 | € 35,164 | € 90,659 | ▲ 158% |
| Profit after taxes | € -24,112 | € 10,045 | € -28,257 | € 25,970 | ▲ € 54,227 |
| Equity | € -30,570 | € -20,525 | € -48,782 | € -22,813 | ▲ € 25,970 |
| Total debts | € 325,052 | € 368,681 | € 429,928 | € 630,536 | ▲ 47% |
| Cash | € 38,885 | € 38,197 | € 78,860 | € 69,222 | ▼ 12% |
| Retained profit | € -50,570 | € -40,525 | € -68,782 | € -42,813 | ▲ € 25,970 |
| Balance sheet total | € 294,481 | € 348,156 | € 381,146 | € 607,724 | ▲ 59% |
Key figures of LH Underwear, 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 LH Underwear?
What happened at LH Underwear in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,970. filed late Source: NBB ↗
- Jacques CRUCKE became a director. NBB
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,113 loss in 2022 to € 25,970 profit in 2025.
Paid € 1,157 in corporate taxes since 2022.
Best year ever: 2025, with € 25,970 profit.
A new publication or filing at LH Underwear? 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 LH Underwear is Jacques CRUCKE. Jacques CRUCKE is also behind Midlands, CRUTEX, J.P. CRUCKE, N.J.C. and SOCIETE LOGISTIQUE CRUCKE.
Directors
According to the 2025 annual accounts
Jacques CRUCKE
Administrator-manager
Also active at: Midlands, CRUTEX, J.P. CRUCKE, N.J.C., SOCIETE LOGISTIQUE CRUCKE, FENICE, DTS & CO
since 2024
Establishments
Establishment units
Physical locations of this company
Rue des Sablières(BL) 8
7522 Tournai
Rue de la Forêt(BL) 8
7522 Tournai
Active since 23 September 2016
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
- 0662.906.215
- VAT number
- BE 0662.906.215
- Registered office
- Rue des Sablières(BL) 8, 7522 Tournai
- Names & denominations
- LH Underwear
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 September 2016
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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