Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
58 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
LSF-KEB HOLDINGS from Brussel, company number BE0860227573, closed financial year 2025 with a result of € -4.3 million after tax. Compared with financial year 2024, the result moved from € -1.6 million to € -4.3 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 12, 2026.
€ 47.5 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4.3 million
▼ 170 % more loss than in 2024
Profit after tax over the fiscal year.
€ 142,799
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.3 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 196,889
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 11 days on average.
€ 62.6 million
▲ 4% 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 | |
|---|---|---|---|---|---|
| Profit after taxes | € -244,372 | € 969,999 | € -1,603,292 | € -4,334,006 | ▼ € 2.7 million |
| Equity | € 52,436,410 | € 53,406,410 | € 51,803,118 | € 47,469,112 | ▼ 8% |
| Total debts | € 59,308,015 | € 60,249,977 | € 61,459,540 | € 62,797,513 | ▲ 2% |
| Cash | € 435,834 | € 307,153 | € 696,001 | € 142,799 | ▼ 79% |
| Retained profit | € 5,354,817 | € 1,616,658 | € 13,366 | € -4,320,640 | ▼ € 4.3 million |
| Balance sheet total | € 111,744,425 | € 113,656,386 | € 113,262,659 | € 110,266,625 | ▼ 3% |
Key figures of LSF-KEB HOLDINGS, 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 LSF-KEB HOLDINGS?
What happened at LSF-KEB HOLDINGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4.3 million. Source: NBB ↗
- Zita Vance became a director. NBB
- Vincent Bonnewijn stepped down as director. NBB
- Faith McManus became a director. NBB
- Vincent Bonnewijn became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 244,372 loss in 2022 to € 4.3 million loss in 2025.
Best year ever: 2023, with € 969,999 profit.
Pays suppliers within 11 days on average.
A new publication or filing at LSF-KEB HOLDINGS? 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
The stake of LSF KEB MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LSF-KEB HOLDINGSBehind LSF-KEB HOLDINGS are Zita Vance and Faith McManus . The shares are held by LSF KEB MANAGEMENT (0%).
Directors
According to the 2025 annual accounts
Zita Vance
Director
Also active at: LONE STAR INVESTMENT MANAGEMENT, LSF SC MANAGEMENT, LSF KEB MANAGEMENT, LSF SC HOLDINGS
since 2025
Faith McManus
Director
Also active at: LSF8 Invoice Management, LSF8 Invoice Holdings, LSF SC HOLDINGS
since 2023
Vincent Bonnewijn
Director
Also active at: LSF8 Invoice Management, LSF8 Invoice Holdings, LSF SC MANAGEMENT, LSF SC HOLDINGS
since 2023 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Marnixlaan 23
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.
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€ 3.9 million revenue · 2025
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€ 14.4 million revenue · 2024
+53 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0860.227.573
- VAT number
- BE 0860.227.573
- Registered office
- Marnixlaan 23, 1000 Brussel
- Names & denominations
- LSF-KEB HOLDINGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 August 2003
- Peppol
- Not registered
- Contact
- [email protected]