Financials
Financial year 2025
LUTINO from Veurne, company number BE0833596026, closed financial year 2025 with a result of € 71,588 after tax. For that financial year LUTINO recorded a gross margin of € 142,739 and equity of € 321,057. Compared with financial year 2024, the result moved from € 54,967 to € 71,588. 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 June 12, 2026.
€ 321,057
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 71,588
▲ 30% vs 2024
Profit after tax over the fiscal year.
€ 38,544
▲ 82% 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 € 308,657.
People and assets in 2025
€ 59,271
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 343,844
▼ 11% vs 2024
€ 41,376 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 333
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,528
▲ 104% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 88,108 | € 120,692 | € 123,657 | € 142,739 | ▲ 15% |
| Profit after taxes | € 34,344 | € 65,089 | € 54,967 | € 71,588 | ▲ 30% |
| Equity | € 205,100 | € 270,189 | € 249,470 | € 321,057 | ▲ 29% |
| Total debts | € 520,043 | € 509,587 | € 514,058 | € 612,557 | ▲ 19% |
| Cash | € 49,661 | € 72,004 | € 21,124 | € 38,544 | ▲ 82% |
| Land & buildings | € 552,974 | € 541,432 | € 529,972 | € 319,010 | ▼ 40% |
| Retained profit | € 192,700 | € 257,789 | € 237,070 | € 308,657 | ▲ 30% |
| Dividend | € 0 | € 0 | € 75,687 | € 0 | ▼ 100% |
| Bank debt | € 409,934 | € 426,597 | € 385,220 | € 343,844 | ▼ 11% |
| Balance sheet total | € 764,694 | € 819,327 | € 803,078 | € 973,165 | ▲ 21% |
Key figures of LUTINO, 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 LUTINO?
What happened at LUTINO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 71,588 (▲ 30% vs 2024). Source: NBB ↗
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,344 profit in 2022 to € 71,588 profit in 2025.
Paid € 92,123 in corporate taxes since 2022.
Best year ever: 2025, with € 71,588 profit.
Paid out € 75,687 in dividends to the owners in total.
Management
Behind LUTINO is Frederic Florizoone.
Directors
According to the 2025 annual accounts
Frederic Florizoone
Director
Establishments
Establishment units
Physical locations of this company
Calonnegracht 23 box A
8630 Veurne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DSTNY-BACKBONE International Backbone, BE
Website info
Features
Security
Details
- Company number
- 0833.596.026
- VAT number
- BE 0833.596.026
- Registered office
- Calonnegracht 23 bus A, 8630 Veurne
- Names & denominations
- LUTINO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 February 2011
- Peppol
- Active · Active since 10 Mar 2026
- Contact
- decalonne.be
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants