Financials
Financial year 2025
LOF from Lokeren, company number BE0831993249, closed financial year 2025 with a result of € 92,116 after tax. For that financial year LOF recorded a gross margin of € 165,272 and equity of € 463,746. Compared with financial year 2024, the result moved from € 144,010 to € 92,116. The company is profitable. 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 18, 2026.
€ 463,746
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 92,116
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 9,180
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 18,333 paid out
20 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 12,438
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 118,078
▲ 180% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 68,335
▲ € 56,950 vs 2024
€ 17,421 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5,034
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,382
▼ 69% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 89,373 | € 200,206 | € 219,844 | € 165,272 | ▼ 25% |
| Profit after taxes | € 56,797 | € 134,356 | € 144,010 | € 92,116 | ▼ 36% |
| Equity | € 174,050 | € 252,761 | € 389,963 | € 463,746 | ▲ 19% |
| Total debts | € 61,384 | € 111,540 | € 81,337 | € 92,751 | ▲ 14% |
| Cash | € 11,369 | € 12,026 | € 38,123 | € 9,180 | ▼ 76% |
| Retained profit | € 167,850 | € 246,561 | € 383,763 | € 457,546 | ▲ 19% |
| Dividend | € 7,608 | € 55,644 | € 6,808 | € 18,333 | ▲ 169% |
| Bank debt | € 23,974 | € 16,895 | € 11,385 | € 68,335 | ▲ € 56,950 |
| Balance sheet total | € 235,434 | € 364,302 | € 471,300 | € 556,497 | ▲ 18% |
Key figures of LOF, 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 LOF?
What happened at LOF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 92,116 (▼ 36% vs 2024). Source: NBB ↗
- FREDERIK BAERT became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Lokeren. KBO
In short
From € 56,797 profit in 2022 to € 92,116 profit in 2025.
Paid € 174,323 in corporate taxes since 2022.
Best year ever: 2024, with € 144,010 profit.
Paid out € 88,393 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 LOF is FREDERIK BAERT. FREDERIK BAERT is also behind INDUSTRY AND PORT SERVICES.
Directors
According to the 2025 annual accounts
since 2010
Establishments
Establishment units
Physical locations of this company
Karrestraat 99
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0831.993.249
- VAT number
- BE 0831.993.249
- Registered office
- Karrestraat 99, 9160 Lokeren
- Names & denominations
- LOF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 2010
- Peppol
- Active · Active since 30 Jan 2025
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