Financials
Financial year 2025
LTEC from Kortrijk, company number BE0795523229, closed financial year 2025 with a result of € 23,342 after tax. For that financial year LTEC recorded a gross margin of € 59,537 and equity of € 60,039. Compared with financial year 2024, the result moved from € 13,596 to € 23,342. 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 1, 2026.
€ 60,039
▲ 64% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,342
▲ 72% vs 2024
Profit after tax over the fiscal year.
€ 72,317
▲ 126% 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 € 57,539.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 23,348
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,555
▼ 27% vs 2024
€ 4,082 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 370
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,644
▲ 54% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 52,579 | € 46,808 | € 59,537 | ▲ 27% |
| Profit after taxes | € 20,600 | € 13,596 | € 23,342 | ▲ 72% |
| Equity | € 23,100 | € 36,696 | € 60,039 | ▲ 64% |
| Total debts | € 116,519 | € 103,741 | € 78,988 | ▼ 24% |
| Cash | € 11,365 | € 31,999 | € 72,317 | ▲ 126% |
| Land & buildings | € 5,198 | € 4,620 | € 4,042 | ▼ 13% |
| Retained profit | € 20,600 | € 34,196 | € 57,539 | ▲ 68% |
| Bank debt | € 18,194 | € 14,459 | € 10,555 | ▼ 27% |
| Balance sheet total | € 139,619 | € 140,438 | € 139,026 | ▼ 1% |
Key figures of LTEC, 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.
What happened to LTEC?
What happened at LTEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,342 (▲ 72% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,600 profit in 2023 to € 23,342 profit in 2025.
Paid € 15,520 in corporate taxes since 2023.
Best year ever: 2025, with € 23,342 profit.
A new publication or filing at LTEC? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Gerd LECLUYSE
Director
Establishments
Establishment units
Physical locations of this company
Waterhoennest(Bis) 38
8501 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0795.523.229
- VAT number
- BE 0795.523.229
- Registered office
- Waterhoennest(Bis) 38, 8501 Kortrijk
- Names & denominations
- LTEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2022
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
Reparatie en onderhoud van machines