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 35 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
L R E from Sint-Martens-Latem, company number BE0679962179, closed financial year 2025 with a result of € 223,884 after tax. For that financial year L R E recorded a gross margin of € 100,428 and equity of € 5.8 million. Compared with financial year 2024, the result moved from € -278,281 to € 223,884. 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.
€ 5.8 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 223,884
▲ still € 278,281 loss in 2024
Profit after tax over the fiscal year.
€ 45,473
▼ 90% 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 € 4.8 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,039
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,533
▼ 2% 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 | € 298,781 | € 65,083 | € 56,594 | € 100,428 | ▲ 77% |
| Profit after taxes | € 5,045,804 | € -228,147 | € -278,281 | € 223,884 | ▲ € 502,165 |
| Equity | € 6,123,639 | € 5,895,491 | € 5,617,211 | € 5,841,095 | ▲ 4% |
| Total debts | € 12,296,528 | € 14,000,322 | € 17,567,369 | € 18,017,180 | ▲ 3% |
| Cash | € 515,101 | € 9,568 | € 466,001 | € 45,473 | ▼ 90% |
| Retained profit | € 5,123,639 | € 4,895,491 | € 4,617,211 | € 4,841,095 | ▲ 5% |
| Bank debt | € 7,646,672 | € 6,862,396 | € 0 | € 0 | |
| Balance sheet total | € 18,420,167 | € 19,895,813 | € 23,184,580 | € 23,858,275 | ▲ 3% |
Key figures of L R E, 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 L R E?
What happened at L R E in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 223,884. Source: NBB ↗
- LEXXUS BV became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 5 million profit in 2022 to € 223,884 profit in 2025.
Paid € 16,674 in corporate taxes since 2022.
Best year ever: 2022, with € 5 million profit.
Management
Behind L R E is LEXXUS BV. It owns 100% of LIBERTY INVEST, 50% of THE GATES, 45% of OUVERTURE INVEST, 45% of LOVA and 40% of CRESCO itself.
Directors
According to the 2025 annual accounts
Director · represented by Louis Lannoo
Also active at: Ouverture Invest, Industry Project and Engineering Systems, LOVA, Cresco, BIO-INCUBATOR ZWIJNAARDE, The Gates
since 2022
Establishments
Establishment units
Physical locations of this company
Vennelaan 7 box C
9830 Sint-Martens-Latem
Vennelaan 7C
9830 Sint-Martens-Latem
Active since 22 August 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
LEVEL27-AS * Please direct all complaints to [email protected] *, BE
Website info
Features
Security
Network
Details
- Company number
- 0679.962.179
- VAT number
- BE 0679.962.179
- Registered office
- Vennelaan 7 bus C, 9830 Sint-Martens-Latem
- Names & denominations
- L R E
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 August 2017
- Peppol
- Not registered
- Contact
- sint-martens-latem.be