What does LV METAL do?

LV METAL is a metalworking company in Lo-Reninge. Private Limited, started on 29 May 2017, 1 establishment.

What is the address of LV METAL?

The registered office of LV METAL is located at Weststraat 27, 8647 Lo-Reninge.

Is LV METAL still active?

Yes. According to the CBE (29 October 2026) LV METAL is active, legal situation “Normale toestand”, started on 29 May 2017.

Is LV METAL registered on Peppol?

Yes, LV METAL is registered on the Peppol network with ID 0208:0676381196.

What is the enterprise number of LV METAL?

The enterprise number of LV METAL is BE0676381196.

When was LV METAL founded?

LV METAL was founded on 29 May 2017.

Who are the directors of LV METAL?

According to the 2026 annual accounts, the directors of LV METAL are: Calvime BV, Wim Vermeersch, Aurélie Zutterman.

Is LV METAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 May 2017; 5 annual accounts filed, latest fiscal year 2026; 3 directors known from the annual account.

How much profit did LV METAL make in 2026?

LV METAL posted a profit after taxes of € 146,628 in financial year 2026.

What is the revenue of LV METAL?

As a small company, LV METAL is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 699,003.

How much does an employee at LV METAL earn?

The average wage cost per full-time employee at LV METAL was € 64,700 in 2026: staff costs of € 446,137 for 6.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does LV METAL have?

According to the 2026 annual accounts, LV METAL has 6.9 full-time equivalents (FTE).

LV METAL (Private Limited) - Lo-Reninge - BE0676381196

Dossier LV METAL, printed on 29 October 2026 from databakkes.be/en/0676381196/lv-metal. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2026

LV METAL from Lo-Reninge, company number BE0676381196, closed financial year 2026 with a result of € 146,628 after tax. For that financial year LV METAL recorded a gross margin of € 699,003 and equity of € 198,301. Compared with financial year 2025, the result moved from € 116,566 to € 146,628. 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 October 27, 2026.

What it is worth Growing

€ 198,301

▲ 23% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 146,628

▲ 26% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 122,132

▲ 17% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 100,000 paid out

68 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2026

Full-time equivalents

6.9

▼ 1.2 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 446,137

▼ 4% vs 2025

€ 64,700 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.

Vehicles and equipment

€ 66,111

▼ 25% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 160,531

▼ 16% vs 2025

€ 99,780 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 61,729

▲ 4% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 102,465

▲ 20% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 390,330 Gross margin 2023: € 390,330 First fiscal year in the series	€ 550,051 Gross margin 2024: € 550,051 ▲ 41% vs 2023 (€ 390,330) Favourable step	€ 712,617 Gross margin 2025: € 712,617 ▲ 30% vs 2024 (€ 550,051) Favourable step	€ 699,003 Gross margin 2026: € 699,003 ▼ 2% vs 2025 (€ 712,617) Unfavourable step	▼ 2%
Profit after taxes	€ 12,325 Profit after taxes 2023: € 12,325 First fiscal year in the series	€ 29,175 Profit after taxes 2024: € 29,175 ▲ 137% vs 2023 (€ 12,325) Favourable step	€ 116,566 Profit after taxes 2025: € 116,566 ▲ 300% vs 2024 (€ 29,175) Favourable step	€ 146,628 Profit after taxes 2026: € 146,628 ▲ 26% vs 2025 (€ 116,566) Favourable step	▲ 26%
Equity	€ 216,875 Equity 2023: € 216,875 First fiscal year in the series	€ 146,050 Equity 2024: € 146,050 ▼ 33% vs 2023 (€ 216,875) Unfavourable step	€ 160,950 Equity 2025: € 160,950 ▲ 10% vs 2024 (€ 146,050) Favourable step	€ 198,301 Equity 2026: € 198,301 ▲ 23% vs 2025 (€ 160,950) Favourable step	▲ 23%
Total debts	€ 363,945 Total debts 2023: € 363,945 First fiscal year in the series	€ 466,102 Total debts 2024: € 466,102 ▲ 28% vs 2023 (€ 363,945) Unfavourable step	€ 573,505 Total debts 2025: € 573,505 ▲ 23% vs 2024 (€ 466,102) Unfavourable step	€ 591,915 Total debts 2026: € 591,915 ▲ 3% vs 2025 (€ 573,505) Unfavourable step	▲ 3%
Cash	€ 139,623 Cash 2023: € 139,623 First fiscal year in the series	€ 90,968 Cash 2024: € 90,968 ▼ 35% vs 2023 (€ 139,623) Unfavourable step	€ 104,031 Cash 2025: € 104,031 ▲ 14% vs 2024 (€ 90,968) Favourable step	€ 122,132 Cash 2026: € 122,132 ▲ 17% vs 2025 (€ 104,031) Favourable step	▲ 17%
Land & buildings	-	-	€ 17,496 Land & buildings 2025: € 17,496 First fiscal year in the series	€ 18,962 Land & buildings 2026: € 18,962 ▲ 8% vs 2025 (€ 17,496) Unchanged	▲ 8%
Retained profit	€ 198,275 Retained profit 2023: € 198,275 First fiscal year in the series	€ 127,450 Retained profit 2024: € 127,450 ▼ 36% vs 2023 (€ 198,275) Unfavourable step	€ 142,350 Retained profit 2025: € 142,350 ▲ 12% vs 2024 (€ 127,450) Favourable step	€ 179,701 Retained profit 2026: € 179,701 ▲ 26% vs 2025 (€ 142,350) Favourable step	▲ 26%
Dividend	€ 0 Dividend 2023: € 0 First fiscal year in the series	€ 100,000 Dividend 2024: € 100,000 Unchanged (€ 0) Unchanged	€ 101,666 Dividend 2025: € 101,666 ▲ 2% vs 2024 (€ 100,000) Unchanged	€ 100,000 Dividend 2026: € 100,000 ▼ 2% vs 2025 (€ 101,666) Unchanged	▼ 2%
Bank debt	€ 218,017 Bank debt 2023: € 218,017 First fiscal year in the series	€ 156,624 Bank debt 2024: € 156,624 ▼ 28% vs 2023 (€ 218,017) Favourable step	€ 191,569 Bank debt 2025: € 191,569 ▲ 22% vs 2024 (€ 156,624) Unfavourable step	€ 160,531 Bank debt 2026: € 160,531 ▼ 16% vs 2025 (€ 191,569) Favourable step	▼ 16%
Balance sheet total	€ 580,820 Balance sheet total 2023: € 580,820 First fiscal year in the series	€ 612,152 Balance sheet total 2024: € 612,152 ▲ 5% vs 2023 (€ 580,820) Unchanged	€ 734,455 Balance sheet total 2025: € 734,455 ▲ 20% vs 2024 (€ 612,152) Unchanged	€ 790,216 Balance sheet total 2026: € 790,216 ▲ 8% vs 2025 (€ 734,455) Unchanged	▲ 8%
Employees (FTE)	-	6.6 Employees (FTE) 2024: 6.6 First fiscal year in the series	8.1 Employees (FTE) 2025: 8.1 ▲ 1.5 vs 2024 (6.6) Unchanged	6.9 Employees (FTE) 2026: 6.9 ▼ 1.2 vs 2025 (8.1) Unchanged	▼ 1.2

Key figures of LV METAL, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to LV METAL?

What happened at LV METAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 27, 2026 New annual accounts for financial year 2026: profit of € 146,628 (▲ 26% vs 2025). Source: NBB ↗
2026 Calvime BV became a director. NBB
2026 Aurélie Zutterman stepped down as director. NBB
Jun 1, 2017 New establishment in Ieper. KBO
May 29, 2017 Start of the company according to the CBE. KBO

In short

From € 12,325 profit in 2023 to € 146,628 profit in 2026.

Paid € 70,019 in corporate taxes since 2023.

Best year ever: 2026, with € 146,628 profit.

On average € 101,300 of value added per employee in 2026.

Original PDFs at the National Bank ↗

Management

Calvime BV Wim Vermeersch

CAD CONCEPT

LV METAL

Behind LV METAL are Calvime BV and Wim Vermeersch. Calvime BV is also behind CAD CONCEPT.

Directors

According to the 2026 annual accounts

Calvime BV

Director · represented by Aurélie Zutterman

Also active at: CAD CONCEPT

since 2026

Wim Vermeersch

Director

Aurélie Zutterman

Director

· until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Weststraat 27

8647 Lo-Reninge

2.268.630.951

Paddevijverstraat 54 box E

8900 Ieper

Active since 1 June 2017

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

CALVIME same network

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0676.381.196

VAT number

BE 0676.381.196

Registered office

Weststraat 27, 8647 Lo-Reninge

Names & denominations

LV METAL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

29 May 2017

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

Vervaardiging van overige producten van metaal, neg

Vervaardiging van metalen deuren en vensters

Verspanend bewerken van metalen

Vervaardiging van metalen constructiewerken en delen daarvan

Coating van metalen

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

Oppervlaktebehandeling van metalen

View on CBE Public ↗ Annual accounts (NBB) ↗

LV METAL

Financials

What happened to LV METAL?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions