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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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LET'S SPORT 2020 from Héron, company number BE0861264384, closed financial year 2025 with a result of € 1,536 after tax. For that financial year LET'S SPORT 2020 recorded revenue of € 0 and equity of € 94,991. Compared with financial year 2024, the result moved from € 31,136 to € 1,536. 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 August 10, 2026.
€ 94,991
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,536
▼ 95% vs 2024
Profit after tax over the fiscal year.
€ 5,771
▼ 91% 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 € 76,391.
People and assets in 2025
€ 173,282
▼ 5% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 15,684
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▲ € 1.6 million vs 2024
€ 26,812 is repaid this year. At this pace the long-term loan is gone in ≈ 61 years.
€ 23,811
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,733
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 128,178 | € 178,505 | € 277,021 | € 244,605 | ▼ 12% |
| Profit after taxes | € 46,235 | € 25,310 | € 31,136 | € 1,536 | ▼ 95% |
| Equity | € 37,008 | € 62,318 | € 93,454 | € 94,991 | ▲ 2% |
| Total debts | € 59,526 | € 88,367 | € 260,126 | € 1,940,791 | ▲ € 1.7 million |
| Cash | € 55,165 | € 77,490 | € 64,475 | € 5,771 | ▼ 91% |
| Land & buildings | € 0 | € 2,264 | € 0 | € 1,874,106 | |
| Retained profit | € 18,408 | € 43,718 | € 74,854 | € 76,391 | ▲ 2% |
| Bank debt | € 31,498 | € 22,337 | € 15,372 | € 1,643,574 | ▲ € 1.6 million |
| Balance sheet total | € 96,534 | € 150,685 | € 353,581 | € 2,035,782 | ▲ € 1.7 million |
Key figures of LET'S SPORT 2020, 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 LET'S SPORT 2020?
What happened at LET'S SPORT 2020 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,536 (▼ 95% vs 2024). filed late Source: NBB ↗
- New establishment in Héron. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,235 profit in 2022 to € 1,536 profit in 2025.
Paid € 26,621 in corporate taxes since 2022.
Best year ever: 2022, with € 46,235 profit.
Management
Behind LET'S SPORT 2020 are Simon Dortu and Jean-François Maréchal.
Directors
According to the 2025 annual accounts
Simon Dortu
Director
Jean-François Maréchal
Director
Establishments
Establishment units
Physical locations of this company
Rue de Montigny 5c
4217 Héron
Rue de Montigny 5 box C
4217 Héron
Active since 23 October 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0861.264.384
- VAT number
- BE 0861.264.384
- Registered office
- Rue de Montigny 5c, 4217 Héron
- Names & denominations
- LET'S SPORT 2020
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 2003
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