Financials
Financial year 2025
LST Logistics from Gent, company number BE0665611723, closed financial year 2025 with a result of € 76,832 after tax. For that financial year LST Logistics recorded a gross margin of € 1.4 million and equity of € 156,009. Compared with financial year 2024, the result moved from € 72,032 to € 76,832. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 156,009
▲ 97% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 76,832
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 5,686
▼ 29% 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 € 136,009.
People and assets in 2025
15.4
Average over the fiscal year, from the social balance sheet.
€ 842,238
▲ 4% vs 2024
€ 54,700 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.
€ 128,362
▼ 23% vs 2024
Of which on lease € 74,125.
Debts at end 2025
€ 82,270
▼ 41% vs 2024
€ 26,440 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 92,986
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 218,238
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 122,604 | - | - | - | |
| Gross margin | € 23,419 | € 1,072,281 | € 1,349,004 | € 1,379,286 | ▲ 2% |
| Profit after taxes | € 10,626 | € 15,015 | € 72,032 | € 76,832 | ▲ 7% |
| Equity | € -7,870 | € 7,145 | € 79,177 | € 156,009 | ▲ 97% |
| Total debts | € 116,370 | € 678,872 | € 604,036 | € 404,685 | ▼ 33% |
| Cash | € 1,096 | € 6,848 | € 7,980 | € 5,686 | ▼ 29% |
| Land & buildings | - | - | € 4,282 | € 4,964 | ▲ 16% |
| Retained profit | € -27,870 | € -12,855 | € 59,177 | € 136,009 | ▲ 130% |
| Bank debt | € 35,690 | € 71,202 | € 138,662 | € 82,270 | ▼ 41% |
| Balance sheet total | € 108,500 | € 686,017 | € 683,213 | € 560,694 | ▼ 18% |
| Employees (FTE) | - | - | - | 15.4 |
Key figures of LST Logistics, 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 LST Logistics?
What happened at LST Logistics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 76,832 (▲ 7% vs 2024). Source: NBB ↗
- Burak Isiklar became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,626 profit in 2022 to € 76,832 profit in 2025.
Paid € 125,391 in corporate taxes since 2022.
Best year ever: 2025, with € 76,832 profit.
On average € 89,600 of value added per employee in 2025.
Management
Behind LST Logistics is Burak Isiklar. The shares are held by Burak Isiklar (100%).
Directors
According to the 2025 annual accounts
Burak Isiklar
Director
Owns 100% directly
since 2022
Shareholders
Burak Isiklar · director
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gentstraat 179 box A
9041 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0665.611.723
- VAT number
- BE 0665.611.723
- Registered office
- Gentstraat 179 bus A, 9041 Gent
- Names & denominations
- LST Logistics
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 2016
- Peppol
- Active · Active since 8 Jan 2026
- Contact
- [email protected] +32489851984
- Activities · NACE
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