LETI is a property company in Oostende. Private Limited, started on 18 April 2018, 3 establishments.

What is the address of LETI?

The registered office of LETI is located at Godtschalckstraat 2 box 101, 8400 Oostende.

Is LETI still active?

Yes. According to the CBE (1 October 2026) LETI is active, legal situation “Normale toestand”, started on 18 April 2018.

Is LETI registered on Peppol?

Yes, LETI is registered on the Peppol network with ID 0208:0694860389.

What is the enterprise number of LETI?

The enterprise number of LETI is BE0694860389.

When was LETI founded?

LETI was founded on 18 April 2018.

Who are the directors of LETI?

According to the 2025 annual accounts, the directors of LETI are: Tim Philippé.

Is LETI a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 April 2018; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 3 establishments in the CBE.

How much profit did LETI make in 2025?

LETI posted a profit after taxes of € 22,516 in financial year 2025.

What is the revenue of LETI?

As a small company, LETI is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 86,806.

LETI (Private Limited) - Oostende - BE0694860389

Dossier LETI, printed on 1 October 2026 from databakkes.be/en/0694860389/leti. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

LETI from Oostende, company number BE0694860389, closed financial year 2025 with a result of € 22,516 after tax. For that financial year LETI recorded a gross margin of € 86,806 and equity of € 166,249. Compared with financial year 2024, the result moved from € 35,262 to € 22,516. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 24, 2026.

What it is worth Growing

€ 166,249

▲ 16% vs 2024

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

Profit Healthy

€ 22,516

▼ 36% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 68,122

▼ 55% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 141,249.

People and assets in 2025

Vehicles and equipment

€ 6,924

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 15 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.

€ 489,524

▲ 157% vs 2024

€ 33,389 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.

Owed to suppliers

€ 958

▲ 54% vs 2024

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

Taxes

€ 3,678

▼ 40% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 70,644 Gross margin 2022: € 70,644 First fiscal year in the series	€ 75,304 Gross margin 2023: € 75,304 ▲ 7% vs 2022 (€ 70,644) Favourable step	€ 81,029 Gross margin 2024: € 81,029 ▲ 8% vs 2023 (€ 75,304) Favourable step	€ 86,806 Gross margin 2025: € 86,806 ▲ 7% vs 2024 (€ 81,029) Favourable step	▲ 7%
Profit after taxes	€ 32,773 Profit after taxes 2022: € 32,773 First fiscal year in the series	€ 36,562 Profit after taxes 2023: € 36,562 ▲ 12% vs 2022 (€ 32,773) Favourable step	€ 35,262 Profit after taxes 2024: € 35,262 ▼ 4% vs 2023 (€ 36,562) Unfavourable step	€ 22,516 Profit after taxes 2025: € 22,516 ▼ 36% vs 2024 (€ 35,262) Unfavourable step	▼ 36%
Equity	€ 71,909 Equity 2022: € 71,909 First fiscal year in the series	€ 108,470 Equity 2023: € 108,470 ▲ 51% vs 2022 (€ 71,909) Favourable step	€ 143,733 Equity 2024: € 143,733 ▲ 33% vs 2023 (€ 108,470) Favourable step	€ 166,249 Equity 2025: € 166,249 ▲ 16% vs 2024 (€ 143,733) Favourable step	▲ 16%
Total debts	€ 339,129 Total debts 2022: € 339,129 First fiscal year in the series	€ 324,439 Total debts 2023: € 324,439 ▼ 4% vs 2022 (€ 339,129) Favourable step	€ 315,736 Total debts 2024: € 315,736 ▼ 3% vs 2023 (€ 324,439) Favourable step	€ 509,191 Total debts 2025: € 509,191 ▲ 61% vs 2024 (€ 315,736) Unfavourable step	▲ 61%
Cash	€ 97,443 Cash 2022: € 97,443 First fiscal year in the series	€ 130,730 Cash 2023: € 130,730 ▲ 34% vs 2022 (€ 97,443) Favourable step	€ 151,504 Cash 2024: € 151,504 ▲ 16% vs 2023 (€ 130,730) Favourable step	€ 68,122 Cash 2025: € 68,122 ▼ 55% vs 2024 (€ 151,504) Unfavourable step	▼ 55%
Land & buildings	€ 303,883 Land & buildings 2022: € 303,883 First fiscal year in the series	€ 296,673 Land & buildings 2023: € 296,673 ▼ 2% vs 2022 (€ 303,883) Unchanged	€ 289,432 Land & buildings 2024: € 289,432 ▼ 2% vs 2023 (€ 296,673) Unchanged	€ 574,432 Land & buildings 2025: € 574,432 ▲ 98% vs 2024 (€ 289,432) Unchanged	▲ 98%
Retained profit	€ 46,909 Retained profit 2022: € 46,909 First fiscal year in the series	€ 83,470 Retained profit 2023: € 83,470 ▲ 78% vs 2022 (€ 46,909) Favourable step	€ 118,733 Retained profit 2024: € 118,733 ▲ 42% vs 2023 (€ 83,470) Favourable step	€ 141,249 Retained profit 2025: € 141,249 ▲ 19% vs 2024 (€ 118,733) Favourable step	▲ 19%
Bank debt	€ 218,517 Bank debt 2022: € 218,517 First fiscal year in the series	€ 201,855 Bank debt 2023: € 201,855 ▼ 8% vs 2022 (€ 218,517) Favourable step	€ 190,244 Bank debt 2024: € 190,244 ▼ 6% vs 2023 (€ 201,855) Favourable step	€ 489,524 Bank debt 2025: € 489,524 ▲ 157% vs 2024 (€ 190,244) Unfavourable step	▲ 157%
Balance sheet total	€ 411,038 Balance sheet total 2022: € 411,038 First fiscal year in the series	€ 432,910 Balance sheet total 2023: € 432,910 ▲ 5% vs 2022 (€ 411,038) Unchanged	€ 459,469 Balance sheet total 2024: € 459,469 ▲ 6% vs 2023 (€ 432,910) Unchanged	€ 675,441 Balance sheet total 2025: € 675,441 ▲ 47% vs 2024 (€ 459,469) Unchanged	▲ 47%

Key figures of LETI, 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 April 2027.

What happened to LETI?

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

Apr 24, 2026 New annual accounts for financial year 2025: profit of € 22,516 (▼ 36% vs 2024). Source: NBB ↗
Feb 21, 2025 New establishment in De Haan. KBO
May 6, 2021 New establishment in Oostende. KBO
Apr 18, 2018 New establishment in Oostende. KBO
Apr 18, 2018 Start of the company according to the CBE. KBO

In short

From € 32,773 profit in 2022 to € 22,516 profit in 2025.

Paid € 55,745 in corporate taxes since 2022.

Best year ever: 2023, with € 36,562 profit.

Original PDFs at the National Bank ↗

A new publication or filing at LETI? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Tim Philippé

LETI

Behind LETI is Tim Philippé.

See the full network in the app

Directors

According to the 2025 annual accounts

Tim Philippé

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Godtschalckstraat 2 box 101

8400 Oostende

2.317.892.796

Oudenburgsesteenweg 31 box E13

8400 Oostende

Active since 6 May 2021

2.373.177.254

Marktstraat 1

8420 De Haan

Active since 21 February 2025

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

PAZ

€ 16,676 gross margin · 2026

Gunst

€ 117,187 gross margin · 2025

OSTEOPATEN MILHO

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

Details

Company number: 0694.860.389
VAT number: BE 0694.860.389
Registered office: Godtschalckstraat 2 bus 101, 8400 Oostende
Names & denominations: LETI
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 18 April 2018
Peppol: Active · Active since 4 Nov 2025
Activities · NACE: Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗