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 36 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Landcruiser Restoration Company from Bree, company number BE0744678403, closed financial year 2024 with a result of € 16,539 after tax. For that financial year Landcruiser Restoration Company recorded a gross margin of € 42,186 and equity of € 91,317. Compared with financial year 2023, the result moved from € 20,085 to € 16,539. 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 September 30, 2025.
€ 91,317
▲ 22% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,539
▼ 18% vs 2023
Profit after tax over the fiscal year.
€ 47,469
▲ 8% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 81,317.
People and assets in 2024
€ 2,359
▲ 275% 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.
€ 1,074
▼ 29% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 56,145
▲ 89% vs 2023
€ 10,111 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 89,760
▼ 37% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 15,609
▲ 99% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 56,689 | € 31,258 | € 45,052 | € 42,186 | ▼ 6% |
| Profit after taxes | € 34,757 | € 9,936 | € 20,085 | € 16,539 | ▼ 18% |
| Equity | € 44,757 | € 54,693 | € 74,778 | € 91,317 | ▲ 22% |
| Total debts | € 162,172 | € 320,856 | € 346,631 | € 310,266 | ▼ 10% |
| Cash | € 22,400 | € 27,996 | € 43,787 | € 47,469 | ▲ 8% |
| Land & buildings | € 31,072 | € 29,431 | € 27,790 | € 26,149 | ▼ 6% |
| Retained profit | € 34,757 | € 44,693 | € 64,778 | € 81,317 | ▲ 26% |
| Bank debt | € 46,657 | € 61,592 | € 29,742 | € 56,145 | ▲ 89% |
| Balance sheet total | € 206,928 | € 375,549 | € 421,408 | € 401,582 | ▼ 5% |
Key figures of Landcruiser Restoration Company, 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 Landcruiser Restoration Company?
What happened at Landcruiser Restoration Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 16,539 (▼ 18% vs 2023). filed late Source: NBB ↗
- New establishment in Bree. KBO
- Robert Buwalda became a director. NBB
- Bart Steensels became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 34,757 profit in 2021 to € 16,539 profit in 2024.
Paid € 16,026 in corporate taxes since 2021.
Best year ever: 2021, with € 34,757 profit.
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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
Behind Landcruiser Restoration Company are Robert Buwalda and Bart Steensels. The same people are also behind G-VEX.
Establishments
Establishment units
Physical locations of this company
Kipdorpstraat 17
3960 Bree
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0744.678.403
- VAT number
- BE 0744.678.403
- Registered office
- Kipdorpstraat 17, 3960 Bree
- Names & denominations
- Landcruiser Restoration Company · L.R.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 2020
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
Reparatie en montage van specifieke auto-onderdelen
Carrosserieherstelling (inclusief spuiten en verven)
Onderhoud en reparatie van motorvoertuigen, neg
Overige zakelijke dienstverlening, neg
Carrosserieherstelling
Onderhoud en reparatie van motorvoertuigen, n.e.g.