Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LGTech from Liège, company number BE0680423623, closed financial year 2025 with a result of € -57,634 after tax. For that financial year LGTech recorded a gross margin of € 1.2 million and equity of € -523,215. Compared with financial year 2024, the result moved from € -1,242 to € -57,634. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ -523,215
▼ € 57,635 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -57,634
▼ 4540 % more loss than in 2024
Profit after tax over the fiscal year.
€ 10,868
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -723,215.
People and assets in 2025
17.6
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 16% vs 2024
€ 64,100 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.
€ 211,808
▲ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 369,711
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 235,882
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 875,914 | € 1,048,675 | € 1,099,696 | € 1,209,622 | ▲ 10% |
| Profit after taxes | € 28,820 | € 11,915 | € -1,242 | € -57,634 | ▼ € 56,392 |
| Equity | € -476,253 | € -464,338 | € -465,580 | € -523,215 | ▼ € 57,635 |
| Total debts | € 1,438,523 | € 1,481,427 | € 1,492,667 | € 1,408,354 | ▼ 6% |
| Cash | € 83,386 | € 141,642 | € 13,097 | € 10,868 | ▼ 17% |
| Retained profit | € -676,253 | € -664,338 | € -665,580 | € -723,215 | ▼ € 57,635 |
| Balance sheet total | € 962,270 | € 1,017,089 | € 1,027,087 | € 885,139 | ▼ 14% |
| Employees (FTE) | 12.8 | 14.9 | 16.4 | 17.6 | ▲ 1.2 |
Key figures of LGTech, 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 LGTech?
What happened at LGTech in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 57,634. Source: NBB ↗
- New establishment in Grâce-Hollogne. KBO
- Laurent Grutman became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 28,820 profit in 2022 to € 57,634 loss in 2025.
Paid € 31,144 in corporate taxes since 2022.
Best year ever: 2022, with € 28,820 profit.
On average € 68,700 of value added per employee in 2025.
A new publication or filing at LGTech? We notify you, reason included.
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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 Compagnie immobilière et financière comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LGTechBehind LGTech is Laurent Grutman. The shares are held by Compagnie immobilière et financière (100%).
Directors
According to the 2025 annual accounts
Laurent Grutman
Director
Also active at: LAURENTY, ASSURANCES MOSANES - ASSUREURS-CONSEILS, Compagnie immobilière et financière, LAURENTY BATIMENTS GEBOUWEN, LAURENTY ESPACES VERTS - GROENE ZONES, LGT Management
since 2017
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mont Saint-Martin 73
4000 Liège
Rue de l'Avenir 28
4460 Grâce-Hollogne
Active since 24 August 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →LAURENTY same network
€ 137.1 million revenue · 2025
Compagnie immobilière et financière same network
€ 907,864 revenue · 2025
LAURENTY BATIMENTS GEBOUWEN same network
€ 25.5 million revenue · 2025
LAURENTY ESPACES VERTS - GROENE ZONES same network
€ 6.2 million gross margin · 2025
LAURENTY BALAYAGE de voiries - WEGENNET
€ 2.5 million gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0680.423.623
- VAT number
- BE 0680.423.623
- Registered office
- Mont Saint-Martin 73, 4000 Liège
- Names & denominations
- LGTech
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 August 2017
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Ontwerpen van computerprogramma’s
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Ontwerpen en programmeren van computerprogramma's
Computerconsultancy-activiteiten
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en lease van kantoormachines, inclusief computers
Groothandel in consumptieaardappelen
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
+1