Financials
Financial year 2025
LEM Services from Ternat, company number BE0786196777, closed financial year 2025 with a result of € 28,370 after tax. For that financial year LEM Services recorded a gross margin of € 42,502 and equity of € 32,365. Compared with financial year 2024, the result moved from € 12,417 to € 28,370. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 20, 2026.
€ 32,365
▲ € 28,370 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,370
▲ 128% vs 2024
Profit after tax over the fiscal year.
€ 40,895
▲ 149% 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 € 30,365.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 17,455
€ 3,347 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4,604
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,066
▲ € 10,986 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -9,740 | € 15,082 | € 42,502 | ▲ 182% |
| Profit after taxes | € -10,422 | € 12,417 | € 28,370 | ▲ 128% |
| Equity | € -8,422 | € 3,995 | € 32,365 | ▲ € 28,370 |
| Total debts | € 8,965 | € 16,952 | € 45,511 | ▲ 168% |
| Cash | € 92 | € 16,395 | € 40,895 | ▲ 149% |
| Retained profit | € -10,422 | € 1,995 | € 30,365 | ▲ € 28,370 |
| Bank debt | € 0 | € 0 | € 17,455 | |
| Balance sheet total | € 543 | € 20,947 | € 77,876 | ▲ 272% |
By gross margin, LEM Services ranks 6th of 11 companies with main activity “Algemene elektrotechnische installatiewerken” in Ternat that publish figures (fiscal year 2025).
Key figures of LEM Services, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about LEM Services the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to LEM Services?
What happened at LEM Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,370 (▲ 128% vs 2024). Source: NBB ↗
- Michael Geers became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Ternat. KBO
In short
From € 10,422 loss in 2023 to € 28,370 profit in 2025.
Paid € 12,066 in corporate taxes since 2023.
Best year ever: 2025, with € 28,370 profit.
Management
Behind LEM Services is Michael Geers.
Directors
According to the 2025 annual accounts
Michael Geers
Administrator-manager
since 2024
Establishments
Establishment units
Physical locations of this company
Vitseroelstraat 46
1740 Ternat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Ternat
Same main activity (Algemene elektrotechnische installatiewerken), 14 active companies in Ternat, largest first.
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€ 41,455 gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- ROUSSEAUX Jenny(oprichter) 100%
Details
- Company number
- 0786.196.777
- VAT number
- BE 0786.196.777
- Registered office
- Vitseroelstraat 46, 1740 Ternat
- Names & denominations
- LEM Services
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 2022
- Peppol
- Active · Active since 14 Jul 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Overige bouwinstallatie
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Dakwerkzaamheden
Overige zakelijke dienstverlening, neg
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Sanitaire werkzaamheden
Overige bouwinstallatie, n.e.g.