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 4 of the last 4 fiscal years.
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Busy address KBO
86 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LOCAL ENERGY SAVING SOLUTIONS 4 from Gent, company number BE0730684667, closed financial year 2025 with a result of € 10,164 after tax. For that financial year LOCAL ENERGY SAVING SOLUTIONS 4 recorded a gross margin of € 1.1 million and equity of € -32,710. Compared with financial year 2024, the result moved from € -37,583 to € 10,164. Profitable, and profit is growing. 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 January 13, 2026.
€ -32,710
▲ € 10,164 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,164
▲ still € 37,583 loss in 2024
Profit after tax over the fiscal year.
€ 602,532
▲ 45% 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 € -332,710.
Debts at end 2025
€ 6.5 million
▼ 4% vs 2024
€ 681,169 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 311,285
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 727,514 | € 961,788 | € 999,421 | € 1,146,856 | ▲ 15% |
| Profit after taxes | € -9,354 | € -886 | € -37,583 | € 10,164 | ▲ € 47,747 |
| Equity | € -4,404 | € -5,290 | € -42,873 | € -32,710 | ▲ € 10,164 |
| Total debts | € 18,821,393 | € 16,946,961 | € 15,876,928 | € 15,671,180 | ▼ 1% |
| Cash | € 960,863 | € 535,022 | € 415,899 | € 602,532 | ▲ 45% |
| Retained profit | € -304,404 | € -305,290 | € -342,873 | € -332,710 | ▲ € 10,164 |
| Bank debt | € 7,504,230 | € 6,852,827 | € 6,791,862 | € 6,520,783 | ▼ 4% |
| Balance sheet total | € 18,816,989 | € 16,941,671 | € 15,834,055 | € 15,638,471 | ▼ 1% |
Key figures of LOCAL ENERGY SAVING SOLUTIONS 4, 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 January 2027.
What happened to LOCAL ENERGY SAVING SOLUTIONS 4?
What happened at LOCAL ENERGY SAVING SOLUTIONS 4 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Piet Colruyt stepped down as director. NBB
- Tom De Bosschere stepped down as director. NBB
- Wattson NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 10,164. Source: NBB ↗
- Piet Colruyt became a director. NBB
- Tom De Bosschere became a director. NBB
- Wattson NV became a director. NBB
- New establishment in Gent. KBO
In short
From € 9,354 loss in 2022 to € 10,164 profit in 2025.
Best year ever: 2025, with € 10,164 profit.
A new publication or filing at LOCAL ENERGY SAVING SOLUTIONS 4? 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 SUSTAINABLE ENERGY VENTURES, IMPACT CAPITAL, WATTSON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LOCAL ENERGY SAVING SOLUTIONS 4The shares are held by SUSTAINABLE ENERGY VENTURES (45%), IMPACT CAPITAL (45%) and WATTSON (10%).
Directors
According to the 2025 annual accounts
Piet Colruyt
Director
Also active at: KORYS BUSINESS SERVICES I NV, Korys Business Services III NV, Korys Business Services II NV, VAST & GOED, OYA SEED, Local Energy Saving Solutions 1, Shaping Impact Group, Eoly Coöperatie +25 more
since 2024 · until 2030
Tom De Bosschere
Director
Also active at: STORM HOLDING IERLAND, Storm PELT, Local Energy Saving Solutions 5, STORM HOLDING 5, Storm Holding
since 2024 · until 2030
Director · represented by Stijn DE ROO
Also active at: Local Energy Saving Solutions 1, LOCAL ENERGY SAVING SOLUTIONS 2, LOCAL ENERGY SAVING SOLUTIONS 3, Local Energy Saving Solutions 5, Make Oil Fields Redundant 1
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nieuwewandeling 62 box 18
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 86 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0730.684.667
- VAT number
- BE 0730.684.667
- Registered office
- Nieuwewandeling 62 bus 18, 9000 Gent
- Names & denominations
- LOCAL ENERGY SAVING SOLUTIONS 4 · LESS4
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 2019
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
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