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 49 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
LGI Group from Brasschaat, company number BE0718837997, closed financial year 2024 with a result of € 37,265 after tax. For that financial year LGI Group recorded a gross margin of € 273,387 and equity of € 54,831. Compared with financial year 2023, the result moved from € 38,723 to € 37,265. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2025.
€ 54,831
▲ 17% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,265
▼ 4% vs 2023
Profit after tax over the fiscal year.
€ 22,802
▼ 34% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 29,412 paid out
79 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
€ 70,619
▲ 60% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 21,219
▼ 33% vs 2023
Of which on lease € 20,628.
Debts at end 2024
€ 352,300
▲ 123% vs 2023
€ 74,718 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 21,979
▼ 43% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 12,817
▲ 26% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 28,280 | € 99,883 | € 149,822 | € 273,387 | ▲ 82% |
| Profit after taxes | € 5,291 | € 19,632 | € 38,723 | € 37,265 | ▼ 4% |
| Equity | € 38,400 | € 58,031 | € 46,978 | € 54,831 | ▲ 17% |
| Total debts | € 58,619 | € 169,489 | € 208,287 | € 391,245 | ▲ 88% |
| Cash | € 33,063 | € 13,943 | € 34,771 | € 22,802 | ▼ 34% |
| Land & buildings | - | - | - | € 237,531 | |
| Retained profit | € 19,800 | € 39,431 | € 36,978 | € 44,831 | ▲ 21% |
| Dividend | € 0 | € 0 | € 41,176 | € 29,412 | ▼ 29% |
| Bank debt | € 47,323 | € 147,079 | € 157,935 | € 352,300 | ▲ 123% |
| Balance sheet total | € 97,019 | € 227,521 | € 255,265 | € 446,076 | ▲ 75% |
Key figures of LGI Group, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LGI Group?
What happened at LGI Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 37,265 (▼ 4% vs 2023). Source: NBB ↗
- New establishment in Brasschaat. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,291 profit in 2021 to € 37,265 profit in 2024.
Paid € 20,658 in corporate taxes since 2021.
Best year ever: 2023, with € 38,723 profit.
Paid out € 70,588 in dividends to the owners in total.
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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
Directors
According to the 2024 annual accounts
Lennert Gielen
Director
Establishments
Establishment units
Physical locations of this company
De Romboutweg 42
2930 Brasschaat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0718.837.997
- VAT number
- BE 0718.837.997
- Registered office
- De Romboutweg 42, 2930 Brasschaat
- Names & denominations
- LGI Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 2019
- Peppol
- Active · Active since 30 Jun 2026
- Activities · NACE
Activiteiten van fitnesscentra
Activiteiten op het gebied van voeding
Sport- en recreatieonderwijs
Overige menselijke gezondheidszorg, n.e.g.