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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
87 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Local Energy Saving Solutions 5 from Gent, company number BE0786309219, closed financial year 2025 with a result of € -15,748 after tax. For that financial year Local Energy Saving Solutions 5 recorded a gross margin of € 358,608 and equity of € 150,642. Compared with financial year 2024, the result moved from € -102,086 to € -15,748. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 13, 2026.
€ 150,642
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,748
▲ 85 % less loss than in 2024
Profit after tax over the fiscal year.
€ 150,090
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -208,693.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 2.1 million
▼ 12% vs 2024
Loans from banks and other lenders, long and short.
€ 75,900
▲ 131% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -10,540 | € 248,458 | € 358,608 | ▲ 44% |
| Profit after taxes | € -90,859 | € -102,086 | € -15,748 | ▲ € 86,338 |
| Equity | € 289,180 | € 174,919 | € 150,642 | ▼ 14% |
| Total debts | € 2,259,964 | € 6,270,914 | € 5,852,530 | ▼ 7% |
| Cash | € 252,596 | € 487,087 | € 150,090 | ▼ 69% |
| Retained profit | € -90,859 | € -192,945 | € -208,693 | ▼ € 15,748 |
| Bank debt | € 2,100,000 | € 2,400,000 | € 2,100,000 | ▼ 12% |
| Balance sheet total | € 2,575,823 | € 6,468,455 | € 6,022,951 | ▼ 7% |
Key figures of Local Energy Saving Solutions 5, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Local Energy Saving Solutions 5?
What happened at Local Energy Saving Solutions 5 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Piet Colruyt stepped down as director. NBB
- Tom De Bosschere stepped down as director. NBB
- Wattson NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 15,748. Source: NBB ↗
- New establishment in Gent. KBO
- Piet Colruyt became a director. NBB
- Tom De Bosschere became a director. NBB
- Wattson NV became a director. NBB
In short
From € 90,859 loss in 2023 to € 15,748 loss in 2025.
Management
The stake of SUSTAINABLE ENERGY VENTURES, IMPACT CAPITAL, WATTSON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Local Energy Saving Solutions 5The shares are held by SUSTAINABLE ENERGY VENTURES (45%), IMPACT CAPITAL (45%) and WATTSON (10%).
Directors
According to the 2025 annual accounts
Piet Colruyt
Director
Also active at: KORYS BUSINESS SERVICES I NV, Korys Business Services III NV, Korys Business Services II NV, VAST & GOED, OYA SEED, Local Energy Saving Solutions 1, Shaping Impact Group, Eoly Coöperatie +25 more
since 2022 · until 2027
Tom De Bosschere
Director
Also active at: STORM HOLDING IERLAND, Storm PELT, LOCAL ENERGY SAVING SOLUTIONS 4, STORM HOLDING 5, Storm Holding
since 2022 · until 2027
Director · represented by Stijn DE ROO
Also active at: Local Energy Saving Solutions 1, LOCAL ENERGY SAVING SOLUTIONS 2, LOCAL ENERGY SAVING SOLUTIONS 3, LOCAL ENERGY SAVING SOLUTIONS 4, Make Oil Fields Redundant 1
since 2022 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nieuwewandeling 62 box 18
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 87 companies are registered at this address.
All companies at this address →Good Life Canal
€ 647,891 gross margin · 2025
SPORTTRADE INTERNATIONAL
ROEMMO INVEST
€ 522,908 gross margin · 2025
Revive World
€ 2.9 million revenue · 2025
MOOVLY
€ 334,363 gross margin · 2023
+82 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
- 0786.309.219
- VAT number
- BE 0786.309.219
- Registered office
- Nieuwewandeling 62 bus 18, 9000 Gent
- Names & denominations
- Local Energy Saving Solutions 5 · LESS5
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 2022
- Peppol
- Active · Active since 31 Oct 2023
- Contact
- [email protected]
- Activities · NACE
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Productie van elektriciteit uit niet-hernieuwbare bronnen
Installatie van isolatie
Algemene elektrotechnische installatiewerken
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Isolatiewerkzaamheden