Financials
Financial year 2025
LETHAN from Torhout, company number BE0694929972, closed financial year 2025 with a result of € 33,523 after tax. For that financial year LETHAN recorded a gross margin of € 54,540 and equity of € 777,694. Compared with financial year 2024, the result moved from € 100,966 to € 33,523. 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 July 24, 2026.
€ 777,694
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,523
▼ 67% vs 2024
Profit after tax over the fiscal year.
€ 136,781
▲ 14% 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 € 627,694.
Debts at end 2025
€ 875,000
Loans from banks and other lenders, long and short.
€ 320
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 582,851 | € 196,488 | € 306,906 | € 54,540 | ▼ 82% |
| Profit after taxes | € 369,172 | € 67,593 | € 100,966 | € 33,523 | ▼ 67% |
| Equity | € 575,612 | € 643,206 | € 744,171 | € 777,694 | ▲ 5% |
| Total debts | € 3,966,427 | € 1,653,315 | € 1,700,569 | € 1,739,923 | ▲ 2% |
| Cash | € 714,017 | € 2,445 | € 119,840 | € 136,781 | ▲ 14% |
| Land & buildings | - | € 344,663 | € 337,700 | € 330,737 | ▼ 2% |
| Retained profit | € 425,612 | € 493,206 | € 594,171 | € 627,694 | ▲ 6% |
| Bank debt | € 3,818,188 | € 891,160 | € 875,000 | € 875,000 | |
| Balance sheet total | € 4,542,040 | € 2,296,521 | € 2,444,740 | € 2,517,617 | ▲ 3% |
Key figures of LETHAN, 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 LETHAN?
What happened at LETHAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,523 (▼ 67% vs 2024). Source: NBB ↗
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 369,172 profit in 2022 to € 33,523 profit in 2025.
Paid € 194,907 in corporate taxes since 2022.
Best year ever: 2022, with € 369,172 profit.
A new publication or filing at LETHAN? 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 GEERTRUI, BLAUWHUIS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LETHANBehind LETHAN are Blauwhuis BV and Geertrui NV. The shares are held by GEERTRUI (50%) and BLAUWHUIS (50%).
Directors
According to the 2025 annual accounts
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ruddervoordestraat 170
8820 Torhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0694.929.972
- VAT number
- BE 0694.929.972
- Registered office
- Ruddervoordestraat 170, 8820 Torhout
- Names & denominations
- LETHAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 2018
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen