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 52 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 24 to 17.6.
Financials
Financial year 2025
LYBOTECH from Waregem, company number BE0677478187, closed financial year 2025 with a result of € 44,745 after tax. For that financial year LYBOTECH recorded a gross margin of € 1.9 million and equity of € 74,437. Compared with financial year 2024, the result moved from € 2,456 to € 44,745. 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 19, 2025.
€ 74,437
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,745
▲ € 42,290 vs 2024
Profit after tax over the fiscal year.
€ 115,689
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 25,000 paid out
56 % of the profit went to the shareholders, mostly to BC OUDE KASSEI (100 % of the shares). That is where the money ends up.
People and assets in 2025
17.6
▼ 5.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▼ 19% vs 2024
€ 95,000 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.
€ 258,451
▲ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 304,748
▲ 16% vs 2024
€ 63,902 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 731,247
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 129,426
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,898,868 | € 6,097,737 | € 5,080,383 | - | |
| Gross margin | - | - | - | € 1,871,207 | |
| Profit after taxes | € 6,980 | € 20,405 | € 2,456 | € 44,745 | ▲ € 42,290 |
| Equity | € 55,798 | € 76,203 | € 54,692 | € 74,437 | ▲ 36% |
| Total debts | € 1,172,386 | € 1,540,484 | € 1,335,067 | € 1,215,522 | ▼ 9% |
| Cash | € 110,124 | € 102,398 | € 104,838 | € 115,689 | ▲ 10% |
| Retained profit | € 43,198 | € 63,603 | € 46,055 | € 65,800 | ▲ 43% |
| Dividend | € 0 | € 0 | € 0 | € 25,000 | |
| Bank debt | € 451,401 | € 440,369 | € 261,820 | € 304,748 | ▲ 16% |
| Balance sheet total | € 1,228,184 | € 1,616,687 | € 1,389,759 | € 1,289,959 | ▼ 7% |
| Employees (FTE) | 23.1 | 24 | 23.5 | 17.6 | ▼ 5.9 |
Key figures of LYBOTECH, 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 LYBOTECH?
What happened at LYBOTECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,745 (▲ € 42,290 vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,980 profit in 2022 to € 44,745 profit in 2025.
Paid € 53,381 in corporate taxes since 2022.
Best year ever: 2025, with € 44,745 profit.
On average € 106,300 of value added per employee in 2025.
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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
The stake of BC OUDE KASSEI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LYBOTECHBehind LYBOTECH are HABOMAN BV, F.M.T. BV and BC OUDE KASSEI BV. The shares are held by BC OUDE KASSEI (100%).
Directors
According to the 2025 annual accounts
Director · represented by Boels HANS
Also active at: Motogroup, TOP MOTORS WAREGEM, TOP MOTORS ROESELARE, TOP MOTORS OUDENAARDE, KELLER LUFTTECHNIK BENELUX, TOP MOTORS INVEST, TOP MOTORS KORTRIJK, BC OUDE KASSEI +6 more
Managing director · represented by Boels FILIP
Also active at: Motogroup, KELLER LUFTTECHNIK BENELUX, BC OUDE KASSEI, HAFIBO, BULK.ID
Director · represented by Maddens MAARTEN
Also active at: Motogroup, KELLER LUFTTECHNIK BENELUX, HAFIBO, BULK.ID
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oude Kassei 16
8791 Waregem
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
- 0677.478.187
- VAT number
- BE 0677.478.187
- Registered office
- Oude Kassei 16, 8791 Waregem
- Names & denominations
- LYBOTECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2017
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- lybover.be [email protected] 056650807
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Vervaardiging van metalen constructiewerken en delen daarvan
Overige gespecialiseerde bouwwerkzaamheden
Reparatie en onderhoud van machines
Algemene elektrotechnische installatiewerken
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Overige zakelijke dienstverlening, neg
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit