Active · per the CBE, 18 September 2026
LVT Painting logo

LVT Painting

BE0756641768

Rechtspersoon Private limited company 1 establishment

LVT Painting is a painting contractor in Lievegem. Private Limited, started on 15 October 2020, 1 establishment.

Wielmakersveld 23, 9920 Lievegem lvtpainting.be

Behind the company: Levi Van Theemsche, Ellen De Grave.

Active for

5 year, 11 months

Financials

Financial year 2025

LVT Painting from Lievegem, company number BE0756641768, closed financial year 2025 with a result of € 12,170 after tax. For that financial year LVT Painting recorded a gross margin of € 96,876 and equity of € 62,136. Compared with financial year 2024, the result moved from € 20,974 to € 12,170. 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 March 9, 2026.

What it is worth Growing

€ 62,136

▲ 24% vs 2024

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

Profit Healthy

€ 12,170

▼ 42% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 33,679

▼ 34% 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 € 32,136.

People and assets in 2025

Wage cost

€ 62,673

▲ 21% 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

€ 2,535

▼ 44% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 13 years to go

€ 105,568

▼ 8% vs 2024

€ 8,296 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.

Owed to suppliers

€ 16,431

▲ 45% vs 2024

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

Taxes and wages

€ 5,763

▼ 45% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 142,321 € 150,333 € 104,959 € 96,876 ▼ 8%
Profit after taxes € -8,461 € 1,731 € 20,974 € 12,170 ▼ 42%
Equity € 27,260 € 28,992 € 49,966 € 62,136 ▲ 24%
Total debts € 166,701 € 158,100 € 162,246 € 134,165 ▼ 17%
Cash € 13,341 € 14,536 € 51,071 € 33,679 ▼ 34%
Land & buildings € 156,570 € 148,999 € 141,429 € 133,858 ▼ 5%
Retained profit € -2,740 € -1,008 € 19,966 € 32,136 ▲ 61%
Bank debt € 129,955 € 122,239 € 114,338 € 105,568 ▼ 8%
Balance sheet total € 193,961 € 187,091 € 212,212 € 196,301 ▼ 7%
Employees (FTE) - - 1.1 -

Key figures of LVT Painting, 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 April 2027.

What happened to LVT Painting?

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

  • New annual accounts for financial year 2025: profit of € 12,170 (▼ 42% vs 2024). Source: NBB ↗
  • New establishment in Lievegem. KBO
  • Levi Van Theemsche became a director. NBB
  • Ellen De Grave became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 8,461 loss in 2022 to € 12,170 profit in 2025.

Paid € 16,216 in corporate taxes since 2022.

Best year ever: 2024, with € 20,974 profit.

On average € 95,400 of value added per employee in 2024.

Management

Levi Van Theemsche Ellen De Grave
LVT Painting

Behind LVT Painting are Levi Van Theemsche and Ellen De Grave.

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Directors

According to the 2025 annual accounts

Levi Van Theemsche

Director

since 2020

Ellen De Grave

Director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Wielmakersveld 23

9920 Lievegem

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

Website

Technologies

AOSASP.NETCloudflare CDNJSCookie ConsentGoogle FontsIISIsotopeOwl CarouselTeamleaderreCAPTCHA

Hosting & Email

Email provider

Self-hosted

Hosting

COMBELL-AS, BE

Domain

Domain

lvtpainting.be

Registered

2015-10-15

Website info

HTTPS Ja

Features

Contact page

Security

HTTPS
SPF
DMARC

Details

Company number
0756.641.768
VAT number
BE 0756.641.768
Registered office
Wielmakersveld 23, 9920 Lievegem
Names & denominations
LVT Painting
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
15 October 2020
Peppol
Active · Active since 21 Nov 2025
Activities · NACE

Schilderen van gebouwen

Interieurontwerp

Activiteiten van interieurdecorateurs

Frequently asked questions

What does LVT Painting do?
LVT Painting is a painting contractor in Lievegem. Private Limited, started on 15 October 2020, 1 establishment.
What is the address of LVT Painting?
The registered office of LVT Painting is located at Wielmakersveld 23, 9920 Lievegem.
Is LVT Painting still active?
Yes. According to the CBE (18 September 2026) LVT Painting is active, legal situation “Normale toestand”, started on 15 October 2020.
Is LVT Painting registered on Peppol?
Yes, LVT Painting is registered on the Peppol network with ID 0208:0756641768.
What is the enterprise number of LVT Painting?
The enterprise number of LVT Painting is BE0756641768.
When was LVT Painting founded?
LVT Painting was founded on 15 October 2020.