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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Shrinking team NBB
FTE fell two years in a row, from 8.6 to 6.2.
Financials
Financial year 2025
LMG Veegwerken from Lommel, company number BE0762849174, closed financial year 2025 with a result of € 103,723 after tax. For that financial year LMG Veegwerken recorded a gross margin of € 478,201 and equity of € 2,879. Compared with financial year 2024, the result moved from € 2,903 to € 103,723. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 2,879
▲ € 103,723 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 103,723
▲ € 100,821 vs 2024
Profit after tax over the fiscal year.
€ 32,616
▲ € 26,349 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 € -3,121.
People and assets in 2025
6.2
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 338,413
€ 54,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 123,989
▲ 7% vs 2024
Of which on lease € 121,250.
Debts at end 2025
€ 338,490
▼ 18% vs 2024
€ 15,641 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 42,933
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,341
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 299,014 | € 364,861 | € 414,277 | € 478,201 | ▲ 15% |
| Profit after taxes | € 820 | € -112,483 | € 2,903 | € 103,723 | ▲ € 100,821 |
| Equity | € 8,736 | € -103,747 | € -100,844 | € 2,879 | ▲ € 103,723 |
| Total debts | € 665,379 | € 684,468 | € 500,047 | € 412,292 | ▼ 18% |
| Cash | € 91,938 | € 3,682 | € 6,266 | € 32,616 | ▲ € 26,349 |
| Retained profit | € 2,736 | € -109,747 | € -106,844 | € -3,121 | ▲ € 103,723 |
| Bank debt | € 416,567 | € 498,628 | € 411,560 | € 338,490 | ▼ 18% |
| Balance sheet total | € 674,115 | € 580,721 | € 399,203 | € 415,171 | ▲ 4% |
| Employees (FTE) | 5.3 | 8.6 | 7 | 6.2 | ▼ 0.8 |
Key figures of LMG Veegwerken, 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 LMG Veegwerken?
What happened at LMG Veegwerken in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 103,723 (▲ € 100,821 vs 2024). Source: NBB ↗
- New establishment in Lommel. KBO
- Start of the company according to the CBE. KBO
In short
From € 820 profit in 2022 to € 103,723 profit in 2025.
Paid € 702 in corporate taxes since 2022.
Best year ever: 2025, with € 103,723 profit.
On average € 77,100 of value added per employee in 2025.
Management
Behind LMG Veegwerken is Wendy Luyckx. Wendy Luyckx is also behind Vandonink Machines.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Binnensingel 30B
3920 Lommel
Binnensingel 30 box B
3920 Lommel
Active since 3 February 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0762.849.174
- VAT number
- BE 0762.849.174
- Registered office
- Binnensingel 30B, 3920 Lommel
- Names & denominations
- LMG Veegwerken
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 2021
- Peppol
- Active · Active since 3 Apr 2025
- Activities · NACE
Andere reinigingsactiviteiten
Overige reiniging van gebouwen; industriële reiniging
Gevelreiniging
Bouwrijp maken van terreinen
Sanering en ander afvalbeheer
Algemene reiniging van gebouwen