Financials
Financial year 2025
LVSM from Harelbeke, company number BE0761501567, closed financial year 2025 with a result of € 32,812 after tax. For that financial year LVSM recorded revenue of € 136,313 and equity of € 5,000. Compared with financial year 2024, the result moved from € 29,598 to € 32,812. Profitable, and profit is growing. The buffer shrank hard: equity is 94 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 4, 2026.
€ 5,000
▼ 94% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,812
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 24,154
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 109,955 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 17,880
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,370
▼ 60% vs 2024
€ 3,837 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 6,789
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,118
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 136,313 | |
| Gross margin | € 47,724 | € 32,788 | € 46,835 | € 54,608 | ▲ 17% |
| Profit after taxes | € 32,014 | € 20,014 | € 29,598 | € 32,812 | ▲ 11% |
| Equity | € 33,364 | € 52,545 | € 82,143 | € 5,000 | ▼ 94% |
| Total debts | € 26,934 | € 42,282 | € 37,793 | € 94,378 | ▲ 150% |
| Cash | € 15,731 | € 24,991 | € 34,510 | € 24,154 | ▼ 30% |
| Retained profit | € 28,364 | € 47,545 | € 77,143 | € 0 | ▼ 100% |
| Dividend | € 3,650 | € 833 | € 0 | € 109,955 | |
| Bank debt | € 15,396 | € 10,994 | € 16,116 | € 6,370 | ▼ 60% |
| Balance sheet total | € 60,297 | € 94,827 | € 119,936 | € 99,378 | ▼ 17% |
Key figures of LVSM, 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 LVSM?
What happened at LVSM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,812 (▲ 11% vs 2024). Source: NBB ↗
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,014 profit in 2022 to € 32,812 profit in 2025.
Paid € 31,465 in corporate taxes since 2022.
Best year ever: 2025, with € 32,812 profit.
Paid out € 114,438 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 2025 annual accounts
LOWIE VERSTRAETE
Director
Establishments
Establishment units
Physical locations of this company
Overleiestraat 130
8530 Harelbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0761.501.567
- VAT number
- BE 0761.501.567
- Registered office
- Overleiestraat 130, 8530 Harelbeke
- Names & denominations
- LVSM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2021
- Peppol
- Active · Active since 10 Dec 2024
- Contact
- renderij.be [email protected]
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