Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 14.8 to 13.
Financials
Financial year 2025
L & S CONSTRUCT from Zottegem, company number BE0862250222, closed financial year 2025 with a result of € -224,559 after tax. For that financial year L & S CONSTRUCT recorded a gross margin of € 475,465 and equity of € 291,076. Compared with financial year 2024, the result moved from € -39,182 to € -224,559. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 6, 2026.
€ 291,076
▼ 44% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -224,559
▼ 473 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7,694
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 278,676.
People and assets in 2025
13
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 561,766
▼ 4% vs 2024
€ 43,200 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.
€ 103,489
▼ 28% vs 2024
Of which on lease € 90,559.
Debts at end 2025
€ 451,458
▼ 15% vs 2024
€ 47,263 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 670,682
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 165,983
▲ 70% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 775,857 | € 797,934 | € 646,904 | € 475,465 | ▼ 27% |
| Profit after taxes | € 55,732 | € 33,554 | € -39,182 | € -224,559 | ▼ € 185,377 |
| Equity | € 631,872 | € 554,817 | € 515,635 | € 291,076 | ▼ 44% |
| Total debts | € 1,801,261 | € 2,026,205 | € 1,545,168 | € 1,383,501 | ▼ 10% |
| Cash | € 139,350 | € 165,644 | € 52,838 | € 7,694 | ▼ 85% |
| Land & buildings | € 145,613 | € 132,224 | € 118,835 | € 105,357 | ▼ 11% |
| Retained profit | € 619,472 | € 542,417 | € 503,235 | € 278,676 | ▼ 45% |
| Dividend | € 183,641 | € 110,609 | € 0 | € 0 | |
| Bank debt | € 575,252 | € 551,616 | € 530,433 | € 451,458 | ▼ 15% |
| Balance sheet total | € 2,433,133 | € 2,581,022 | € 2,060,803 | € 1,674,577 | ▼ 19% |
| Employees (FTE) | 14.8 | 14.8 | 13.7 | 13 | ▼ 0.7 |
Key figures of L & S 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 January 2027.
What happened to L & S CONSTRUCT?
What happened at L & S CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 224,559. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Zottegem. KBO
In short
From € 55,732 profit in 2022 to € 224,559 loss in 2025.
Paid € 50,418 in corporate taxes since 2022.
Best year ever: 2022, with € 55,732 profit.
On average € 36,600 of value added per employee in 2025.
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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 L & S CONSTRUCT is Ludwig Haverbeke. Ludwig Haverbeke is also behind JEHALO.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Gentse Steenweg 67
9620 Zottegem
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
- 0862.250.222
- VAT number
- BE 0862.250.222
- Registered office
- Gentse Steenweg 67, 9620 Zottegem
- Names & denominations
- L & S CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 2003
- Peppol
- Active · Active since 23 Jan 2026
- Activities · NACE
Bouwen van individuele huizen
Algemene bouw van residentiële gebouwen
Installatie van isolatie
Dakwerkzaamheden
Schrijnwerk
Algemene elektrotechnische installatiewerken
Elektrische installatie
Schrijnwerk van hout of van kunststof
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