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.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
35 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LVO Holding from Elsene, company number BE0791175550, closed financial year 2025 with a result of € -890,912 after tax. For that financial year LVO Holding recorded a gross margin of € -10,437 and equity of € -2.4 million. Compared with financial year 2024, the result moved from € -832,500 to € -890,912. 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 July 22, 2026.
€ -2.4 million
▼ € 890,912 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -890,912
▼ 7 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,592
▲ 155% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.2 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 10.6 million
▲ 14% vs 2024
Loans from banks and other lenders, long and short.
€ 212
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -9,561 | € -11,178 | € -20,409 | € -10,437 | ▲ € 9,972 |
| Profit after taxes | € -638,188 | € -813,349 | € -832,500 | € -890,912 | ▼ € 58,413 |
| Equity | € 111,812 | € -701,537 | € -1,534,037 | € -2,424,949 | ▼ € 890,912 |
| Total debts | € 11,665,285 | € 12,126,089 | € 12,957,619 | € 15,521,039 | ▲ 20% |
| Cash | - | € 2,768 | € 1,799 | € 4,592 | ▲ 155% |
| Retained profit | € -638,188 | € -1,451,537 | € -2,284,037 | € -3,174,949 | ▼ € 890,912 |
| Bank debt | € 9,229,749 | € 8,676,370 | € 9,341,639 | € 10,622,039 | ▲ 14% |
| Balance sheet total | € 11,777,097 | € 11,424,552 | € 11,423,583 | € 13,096,090 | ▲ 15% |
Key figures of LVO Holding, 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 LVO Holding?
What happened at LVO Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 890,912. Source: NBB ↗
- New establishment in Lummen. KBO
- New establishment in Elsene. KBO
- Xavier François Azan became a director. NBB
- François-Pierre HELLMANN became a director. NBB
- Alexis François-Poncet became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 638,188 loss in 2022 to € 890,912 loss in 2025.
A new publication or filing at LVO Holding? We notify you, reason included.
Follow LVO HoldingDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind LVO Holding are Xavier François Azan, François-Pierre HELLMANN and Alexis François-Poncet. The shares are held by TOPCO Belgique S.A (100%). It owns 100% of Limburgse Vastgoed Ontwikkelingen SA (LVO) itself.
Directors
According to the 2025 annual accounts
since 2022
François-Pierre HELLMANN
Managing director
Also active at: LIMBURGSE VASTGOED ONTWIKKELINGEN, IMMOBILIERE ET ASSURANCES NIVELLOISES, AARSCHOT LOGISTICS, REDIVEST, WATERLUM, Top Log, IRR Multi Poly, IMMO AC
since 2022
Alexis François-Poncet
Director
Also active at: LIMBURGSE VASTGOED ONTWIKKELINGEN, EUROPEAN TRANSPORTS LOGISTICS, IMMOBILIERE ET ASSURANCES NIVELLOISES, GOLDIE, PHILEOG Benelux, WATERLUM, Top Log, IRR Multi Poly +1 more
since 2022
Shareholders
TOPCO Belgique S.A
100%
Participations
Establishments
Establishment units
Physical locations of this company
Louizalaan 380
1050 Elsene
Klaverbladstraat 11
3560 Lummen
Active since 20 September 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 35 companies are registered at this address.
All companies at this address →LIMBURGSE VASTGOED ONTWIKKELINGEN same network
€ 617,154 gross margin · 2025
Raoul Renaux et Compagnie
EUROPEAN TRANSPORTS LOGISTICS same network
€ 239,105 gross margin · 2025
Grosvenor Belgium
IMMOBILIERE ET ASSURANCES NIVELLOISES same network
€ 1,855 revenue · 2025
+30 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
- 0791.175.550
- VAT number
- BE 0791.175.550
- Registered office
- Louizalaan 380, 1050 Elsene
- Names & denominations
- LVO Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2022
- Peppol
- Active · Active since 5 Jan 2026