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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
69 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LSEAT Engineering from Watermaal-Bosvoorde, company number BE0763553217, closed financial year 2025 with a result of € -137,000 after tax. For that financial year LSEAT Engineering recorded a gross margin of € -5,691 and equity of € -135,914. Compared with financial year 2024, the result moved from € 19,357 to € -137,000. The company made a loss. 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 March 10, 2026.
€ -135,914
▼ € 137,000 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -137,000
▼ still € 19,357 profit in 2024
Profit after tax over the fiscal year.
€ 142
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -145,914.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 822
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 154,115
▲ 8% vs 2024
Loans from banks and other lenders, long and short.
€ 40,599
▲ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -29,379 | € 7,644 | € 89,884 | € -5,691 | ▼ € 95,575 |
| Profit after taxes | € -30,350 | € 2,080 | € 19,357 | € -137,000 | ▼ € 156,357 |
| Equity | € -20,350 | € -18,270 | € 1,086 | € -135,914 | ▼ € 137,000 |
| Total debts | € 110,656 | € 124,734 | € 164,187 | € 220,737 | ▲ 34% |
| Cash | € 25,243 | € 0 | - | € 142 | |
| Retained profit | € -30,350 | € -28,270 | € -8,914 | € -145,914 | ▼ € 137,000 |
| Bank debt | € 100,000 | € 121,227 | € 143,019 | € 154,115 | ▲ 8% |
| Balance sheet total | € 90,306 | € 106,463 | € 165,273 | € 84,823 | ▼ 49% |
Key figures of LSEAT Engineering, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to LSEAT Engineering?
What happened at LSEAT Engineering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 137,000 (▼ € 156,357 vs 2024). filed late Source: NBB ↗
- New establishment in Watermaal-Bosvoorde. KBO
- Yves HENDRICKX became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 30,350 loss in 2022 to € 137,000 loss in 2025.
Best year ever: 2024, with € 19,357 profit.
Management
Behind LSEAT Engineering is Yves HENDRICKX.
Directors
According to the 2025 annual accounts
Yves HENDRICKX
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Vorstlaan 24
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 69 companies are registered at this address.
All companies at this address →TAG BELGIUM
€ 981,306 gross margin · 2024
ASSOCIATION DU BRABANT DES ENTREPRENEURS GENERAUX - BRABANTS VERBOND DER ALGEMENEAANNEMERS
MASTER SWITCH
€ 6,690 gross margin · 2025
Maison Des Entrepreneurs - Aannemershuis
€ 3.8 million gross margin · 2025
IMMO M.C.H.
€ 227,731 gross margin · 2025
+64 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0763.553.217
- VAT number
- BE 0763.553.217
- Registered office
- Vorstlaan 24, 1170 Watermaal-Bosvoorde
- Names & denominations
- LSEAT Engineering · LSE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 2021
- Peppol
- Active · Active since 6 Mar 2026
- Contact
- [email protected]
- Activities · NACE
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