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 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LGA HR GROUP from Gent, company number BE0711888542, closed financial year 2025 with a result of € 380,986 after tax. For that financial year LGA HR GROUP recorded a gross margin of € 619,781 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 385,326 to € 380,986. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 1.9 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 380,986
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 34,294
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 700,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 1.1 million
Loans from banks and other lenders, long and short.
€ 85,982
▲ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 215,642 | € 216,218 | € -113,023 | € 619,781 | ▲ € 732,804 |
| Profit after taxes | € 58,196 | € 546,981 | € 385,326 | € 380,986 | ▼ 1% |
| Equity | € 1,730,703 | € 2,277,684 | € 2,263,010 | € 1,943,995 | ▼ 14% |
| Total debts | € 2,573,209 | € 1,994,276 | € 2,459,906 | € 3,082,936 | ▲ 25% |
| Cash | € 3,789 | € 8,278 | € 170,428 | € 34,294 | ▼ 80% |
| Retained profit | € 230,703 | € 777,684 | € 763,010 | € 443,995 | ▼ 42% |
| Dividend | € 0 | € 0 | € 400,000 | € 700,000 | ▲ 75% |
| Bank debt | € 1,985,000 | € 1,685,000 | € 1,105,000 | € 1,105,000 | |
| Balance sheet total | € 4,303,911 | € 4,271,960 | € 4,722,916 | € 5,026,932 | ▲ 6% |
Key figures of LGA HR GROUP, 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 LGA HR GROUP?
What happened at LGA HR GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 380,986 (▼ 1% vs 2024). Source: NBB ↗
- Michaël Bouas became a director. NBB
- B3 Partners BV became a director. NBB
- BM HR BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,196 profit in 2022 to € 380,986 profit in 2025.
Paid € 100,437 in corporate taxes since 2022.
Best year ever: 2023, with € 546,981 profit.
Paid out € 1.1 million in dividends to the owners in total.
Management
The stake of LGA HR Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LGA HR GROUPBehind LGA HR GROUP are Michaël Bouas, BM HR BV and B3 Partners BV. The shares are held by LGA HR Invest (100%). It owns 100% of Le Grand & Associates SARL and 100% of LGA HR itself.
Directors
According to the 2025 annual accounts
since 2026
since 2024
since 2026
Shareholders
100%
Participations
Le Grand & Associates SARL
100%
100%
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 1146
9051 Gent
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
- 0711.888.542
- VAT number
- BE 0711.888.542
- Registered office
- Kortrijksesteenweg 1146, 9051 Gent
- Names & denominations
- LGA HR GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 2018
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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