LAGIF is a hospitality business in De Panne. Private Limited, started on 8 March 2019, 1 establishment.

What is the address of LAGIF?

The registered office of LAGIF is located at Leopold I Esplanade 9, 8660 De Panne.

Is LAGIF still active?

Yes. According to the CBE (30 October 2026) LAGIF is active, legal situation “Normale toestand”, started on 8 March 2019.

Is LAGIF registered on Peppol?

Yes, LAGIF is registered on the Peppol network with ID 0208:0722560027.

What is the enterprise number of LAGIF?

The enterprise number of LAGIF is BE0722560027.

When was LAGIF founded?

LAGIF was founded on 8 March 2019.

Who are the directors of LAGIF?

According to the 2025 annual accounts, the directors of LAGIF are: Sidney Voet, Els Holvoet.

Is LAGIF a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 March 2019; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did LAGIF make in 2025?

LAGIF posted a profit after taxes of € 9,484 in financial year 2025.

What is the revenue of LAGIF?

As a small company, LAGIF is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 348,457.

LAGIF (Private Limited) - De Panne - BE0722560027

Dossier LAGIF, printed on 30 October 2026 from databakkes.be/en/0722560027/lagif. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 3 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

LAGIF from De Panne, company number BE0722560027, closed financial year 2025 with a result of € 9,484 after tax. For that financial year LAGIF recorded a gross margin of € 348,457 and equity of € -22,352. Compared with financial year 2024, the result moved from € 16,925 to € 9,484. The company is profitable. 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 24, 2026.

What it is worth Caution

€ -22,352

▲ € 9,484 vs 2024

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

Profit Healthy

€ 9,484

▼ 44% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 13,355

▲ 25% 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 € -40,952.

People and assets in 2025

Wage cost

€ 296,772

▲ 4% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 13,602

▼ 18% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 1 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.

€ 162,894

▼ 18% vs 2024

€ 122,236 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 142,549

▼ 16% vs 2024

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

Taxes and wages

€ 121,354

▲ 85% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 312,741 Gross margin 2022: € 312,741 First fiscal year in the series	€ 300,723 Gross margin 2023: € 300,723 ▼ 4% vs 2022 (€ 312,741) Unfavourable step	€ 337,258 Gross margin 2024: € 337,258 ▲ 12% vs 2023 (€ 300,723) Favourable step	€ 348,457 Gross margin 2025: € 348,457 ▲ 3% vs 2024 (€ 337,258) Favourable step	▲ 3%
Profit after taxes	€ 23,466 Profit after taxes 2022: € 23,466 First fiscal year in the series	€ -80,076 Profit after taxes 2023: € -80,076 ▼ € 103,542 vs 2022 (€ 23,466) Unfavourable step	€ 16,925 Profit after taxes 2024: € 16,925 ▲ € 97,001 vs 2023 (€ -80,076) Favourable step	€ 9,484 Profit after taxes 2025: € 9,484 ▼ 44% vs 2024 (€ 16,925) Unfavourable step	▼ 44%
Equity	€ 31,316 Equity 2022: € 31,316 First fiscal year in the series	€ -48,760 Equity 2023: € -48,760 ▼ € 80,076 vs 2022 (€ 31,316) Unfavourable step	€ -31,835 Equity 2024: € -31,835 ▲ € 16,925 vs 2023 (€ -48,760) Favourable step	€ -22,352 Equity 2025: € -22,352 ▲ € 9,484 vs 2024 (€ -31,835) Favourable step	▲ € 9,484
Total debts	€ 565,404 Total debts 2022: € 565,404 First fiscal year in the series	€ 627,785 Total debts 2023: € 627,785 ▲ 11% vs 2022 (€ 565,404) Unfavourable step	€ 432,794 Total debts 2024: € 432,794 ▼ 31% vs 2023 (€ 627,785) Favourable step	€ 426,798 Total debts 2025: € 426,798 ▼ 1% vs 2024 (€ 432,794) Favourable step	▼ 1%
Cash	€ 23,104 Cash 2022: € 23,104 First fiscal year in the series	€ 5,634 Cash 2023: € 5,634 ▼ 76% vs 2022 (€ 23,104) Unfavourable step	€ 10,726 Cash 2024: € 10,726 ▲ 90% vs 2023 (€ 5,634) Favourable step	€ 13,355 Cash 2025: € 13,355 ▲ 25% vs 2024 (€ 10,726) Favourable step	▲ 25%
Land & buildings	€ 79,744 Land & buildings 2022: € 79,744 First fiscal year in the series	€ 68,631 Land & buildings 2023: € 68,631 ▼ 14% vs 2022 (€ 79,744) Unchanged	€ 57,517 Land & buildings 2024: € 57,517 ▼ 16% vs 2023 (€ 68,631) Unchanged	€ 46,404 Land & buildings 2025: € 46,404 ▼ 19% vs 2024 (€ 57,517) Unchanged	▼ 19%
Retained profit	€ 12,716 Retained profit 2022: € 12,716 First fiscal year in the series	€ -67,360 Retained profit 2023: € -67,360 ▼ € 80,076 vs 2022 (€ 12,716) Unfavourable step	€ -50,435 Retained profit 2024: € -50,435 ▲ € 16,925 vs 2023 (€ -67,360) Favourable step	€ -40,952 Retained profit 2025: € -40,952 ▲ € 9,484 vs 2024 (€ -50,435) Favourable step	▲ € 9,484
Bank debt	€ 286,431 Bank debt 2022: € 286,431 First fiscal year in the series	€ 241,176 Bank debt 2023: € 241,176 ▼ 16% vs 2022 (€ 286,431) Favourable step	€ 197,898 Bank debt 2024: € 197,898 ▼ 18% vs 2023 (€ 241,176) Favourable step	€ 162,894 Bank debt 2025: € 162,894 ▼ 18% vs 2024 (€ 197,898) Favourable step	▼ 18%
Balance sheet total	€ 596,720 Balance sheet total 2022: € 596,720 First fiscal year in the series	€ 579,025 Balance sheet total 2023: € 579,025 ▼ 3% vs 2022 (€ 596,720) Unchanged	€ 400,959 Balance sheet total 2024: € 400,959 ▼ 31% vs 2023 (€ 579,025) Unchanged	€ 404,446 Balance sheet total 2025: € 404,446 ▲ 1% vs 2024 (€ 400,959) Unchanged	▲ 1%

Key figures of LAGIF, 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 LAGIF?

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

Jul 24, 2026 New annual accounts for financial year 2025: profit of € 9,484 (▼ 44% vs 2024). Source: NBB ↗
Mar 8, 2019 New establishment in De Panne. KBO
2019 Sidney Voet became a director. NBB
2019 Els Holvoet became a director. NBB
Mar 8, 2019 Start of the company according to the CBE. KBO

In short

From € 23,466 profit in 2022 to € 9,484 profit in 2025.

Paid € 783 in corporate taxes since 2022.

Best year ever: 2022, with € 23,466 profit.

Original PDFs at the National Bank ↗

Management

Sidney Voet Els Holvoet

LAGIF

Behind LAGIF are Sidney Voet and Els Holvoet.

Directors

According to the 2025 annual accounts

Sidney Voet

Director

since 2019

Els Holvoet

Director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Leopold I Esplanade 9

8660 De Panne

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 →

ZAKENKANTOOR LIBERTY

DR. VEERLE MERTENS

€ 156,266 gross margin · 2025

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

Details

Company number

0722.560.027

VAT number

BE 0722.560.027

Registered office

Leopold I Esplanade 9, 8660 De Panne

Names & denominations

LAGIF

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

8 March 2019

Peppol

Active · Active since 31 Oct 2023

Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Catering van evenementen

Eetgelegenheden met volledige bediening

Overige gespecialiseerde ontwerpactiviteiten

Overige sportactiviteiten, neg

Algemene elektrotechnische installatiewerken

Activiteiten van decorateur-etalagisten

View on CBE Public ↗ Annual accounts (NBB) ↗

LAGIF

Warning lights

Financials

What happened to LAGIF?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions