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 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PURE LM from Koekelare, company number BE0662910074, closed financial year 2025 with a result of € 74,461 after tax. For that financial year PURE LM recorded a gross margin of € 55,917 and equity of € 384,217. Compared with financial year 2024, the result moved from € 6,563 to € 74,461. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 26, 2025.
€ 384,217
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 74,461
▲ € 67,898 vs 2024
Profit after tax over the fiscal year.
€ 893
▲ € 705 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 € 383,217.
People and assets in 2025
€ 9,613
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 144,190
▼ 13% vs 2024
€ 21,959 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 7,771
▲ 113% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,285
▲ 181% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 98,946 | € 60,509 | € 27,354 | € 55,917 | ▲ 104% |
| Profit after taxes | € 108,932 | € 36,370 | € 6,563 | € 74,461 | ▲ € 67,898 |
| Equity | € 266,824 | € 303,193 | € 309,756 | € 384,217 | ▲ 24% |
| Total debts | € 398,757 | € 323,392 | € 302,219 | € 225,251 | ▼ 25% |
| Cash | € 7,294 | € 10,101 | € 188 | € 893 | ▲ € 705 |
| Retained profit | € 265,824 | € 302,193 | € 308,756 | € 383,217 | ▲ 24% |
| Bank debt | € 113,705 | € 142,611 | € 165,879 | € 144,190 | ▼ 13% |
| Balance sheet total | € 665,580 | € 626,585 | € 611,975 | € 609,468 |
Key figures of PURE LM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to PURE LM?
What happened at PURE LM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 74,461 (▲ € 67,898 vs 2024). Source: NBB ↗
- New establishment in Koekelare. KBO
- Start of the company according to the CBE. KBO
- Michele Lievens became a director. NBB
In short
From € 108,932 profit in 2022 to € 74,461 profit in 2025.
Paid € 79,126 in corporate taxes since 2022.
Best year ever: 2022, with € 108,932 profit.
Management
Behind PURE LM is Michele Lievens. It owns 100% of LF TRADING itself.
Directors
According to the 2025 annual accounts
since 2016
Establishments
Establishment units
Physical locations of this company
Zuidstraat 81
8680 Koekelare
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
- 0662.910.074
- VAT number
- BE 0662.910.074
- Registered office
- Zuidstraat 81, 8680 Koekelare
- Names & denominations
- PURE LM · Michele Lievens
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 2016
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Detailhandel in huishoudtextiel en beddengoed
Pensions voor huisdieren
Landschapsverzorging
Detailhandel in tapijten en andere vloerbedekking en wandbekleding
Africhten van huisdieren
Detailhandel in huismeubilair
Detailhandel in huismeubilair in gespecialiseerde winkels