Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LGS CARS from Zedelgem, company number BE0809860522, closed financial year 2025 with a result of € 25,279 after tax. For that financial year LGS CARS recorded a gross margin of € 142,118 and equity of € 139,918. Compared with financial year 2024, the result moved from € 42,801 to € 25,279. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2025.
€ 139,918
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,279
▼ 41% vs 2024
Profit after tax over the fiscal year.
€ 6,756
▼ 84% 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 € 121,318.
Debts at end 2025
€ 870,170
▼ 12% vs 2024
€ 125,031 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 5,973
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,768
▼ 89% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 138,054 | € 154,258 | € 173,821 | € 142,118 | ▼ 18% |
| Profit after taxes | € 33,893 | € 33,404 | € 42,801 | € 25,279 | ▼ 41% |
| Equity | € 62,434 | € 71,838 | € 114,639 | € 139,918 | ▲ 22% |
| Total debts | € 1,454,225 | € 1,383,737 | € 1,273,317 | € 1,196,118 | ▼ 6% |
| Cash | € 28,824 | € 41,526 | € 43,001 | € 6,756 | ▼ 84% |
| Land & buildings | € 1,473,652 | € 1,393,575 | € 1,313,498 | € 1,234,029 | ▼ 6% |
| Retained profit | € 43,834 | € 53,238 | € 96,039 | € 121,318 | ▲ 26% |
| Dividend | € 19,000 | € 24,000 | € 0 | € 0 | |
| Bank debt | € 1,033,224 | € 1,096,562 | € 984,079 | € 870,170 | ▼ 12% |
| Balance sheet total | € 1,516,659 | € 1,455,575 | € 1,387,956 | € 1,336,036 | ▼ 4% |
Key figures of LGS CARS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 28 September 2026.
What happened to LGS CARS?
What happened at LGS CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,279 (▼ 41% vs 2024). Source: NBB ↗
- Christa Deceuninck became a director. NBB
- Lorenz Schoutteet became a director. NBB
- Geert Schoutteet became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 33,893 profit in 2022 to € 25,279 profit in 2025.
Paid € 40,042 in corporate taxes since 2022.
Best year ever: 2024, with € 42,801 profit.
Paid out € 43,000 in dividends to the owners in total.
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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
Behind LGS CARS are Christa Deceuninck, Lorenz Schoutteet and Geert Schoutteet. The same people are also behind Auto Viger.
Directors
According to the 2025 annual accounts
since 2019
since 2019
since 2019
Establishments
Establishment units
Physical locations of this company
Zabekestraat 14
8211 Zedelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0809.860.522
- VAT number
- BE 0809.860.522
- Registered office
- Zabekestraat 14, 8211 Zedelgem
- Names & denominations
- LGS CARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 2009
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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