Financials
Financial year 2025
LMV CONSTRUCT from Zonnebeke, company number BE0821918612, closed financial year 2025 with a result of € 251,415 after tax. For that financial year LMV CONSTRUCT recorded a gross margin of € 1.2 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 45,410 to € 251,415. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 13, 2026.
€ 1.3 million
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 251,415
▲ € 206,005 vs 2024
Profit after tax over the fiscal year.
€ 131,027
▲ 127% 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 € 1.1 million.
People and assets in 2025
6.3
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 576,903
▲ 20% vs 2024
€ 91,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 139,659
▲ € 114,772 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 902,962
▲ 7% vs 2024
€ 73,887 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 1.9 million
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 126,054
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 459,550 | € 557,004 | € 668,244 | € 1,243,446 | ▲ 86% |
| Profit after taxes | € 9,898 | € 45,663 | € 45,410 | € 251,415 | ▲ € 206,005 |
| Equity | € 925,450 | € 971,113 | € 1,016,522 | € 1,267,937 | ▲ 25% |
| Total debts | € 3,604,829 | € 2,815,990 | € 2,700,383 | € 3,198,366 | ▲ 18% |
| Cash | € 225,934 | € 121,927 | € 57,734 | € 131,027 | ▲ 127% |
| Land & buildings | € 844,662 | € 862,511 | € 819,297 | € 776,083 | ▼ 5% |
| Retained profit | € 796,850 | € 842,513 | € 887,922 | € 1,139,337 | ▲ 28% |
| Bank debt | € 951,660 | € 896,988 | € 842,316 | € 902,962 | ▲ 7% |
| Balance sheet total | € 4,530,279 | € 3,787,102 | € 3,716,905 | € 4,466,303 | ▲ 20% |
| Employees (FTE) | 6.2 | 7.6 | 7.6 | 6.3 | ▼ 1.3 |
By gross margin, LMV CONSTRUCT ranks 10th of 131 companies with main activity “Algemene bouw van andere niet-residentiële gebouwen” in West Flanders that publish figures (fiscal year 2025).
Key figures of LMV CONSTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
Ask about LMV CONSTRUCT 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 LMV CONSTRUCT?
What happened at LMV CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 251,415 (▲ € 206,005 vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Zonnebeke. KBO
In short
From € 9,898 profit in 2022 to € 251,415 profit in 2025.
Paid € 140,147 in corporate taxes since 2022.
Best year ever: 2025, with € 251,415 profit.
On average € 197,400 of value added per employee in 2025.
Management
Behind LMV CONSTRUCT are Lode Vandenbulcke and Michiel Vandenbulcke. The same people are also behind LMV INVEST. Lode Vandenbulcke is also behind 2CV Drive.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Grote Molenstraat 77
8980 Zonnebeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in West Flanders
Same main activity (Algemene bouw van andere niet-residentiële gebouwen), 228 active companies in West Flanders, largest first.
€ 112 million revenue · 2025 · Ledegem
€ 106.8 million revenue · 2025 · Tielt
€ 94.1 million revenue · 2025 · Kortemark
€ 76.1 million revenue · 2025 · Waregem
€ 70.1 million revenue · 2025 · Veurne
€ 59.2 million revenue · 2025 · Pittem
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 ↗- VANDENBULCKE Lode Edward Cyriel(oprichter) 50%
- VANDENBULCKE Michiel Filiep(oprichter) 50%
Details
- Company number
- 0821.918.612
- VAT number
- BE 0821.918.612
- Registered office
- Grote Molenstraat 77, 8980 Zonnebeke
- Names & denominations
- LMV CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2010
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Algemene bouw van andere niet-residentiële gebouwen
Vervaardiging van metalen constructiewerken en delen daarvan
Metselwerk
Dakwerkzaamheden
Ontwikkeling van residentiële bouwprojecten
Overige gespecialiseerde bouwactiviteiten, neg
Uitvoeren van metsel- en voegwerken
Overige gespecialiseerde bouwwerkzaamheden