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 30 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
L.G.C.E. from Bever, company number BE0866442602, closed financial year 2026 with a result of € -368 after tax. For that financial year L.G.C.E. recorded a gross margin of € 261,759 and equity of € 210,520. Compared with financial year 2025, the result moved from € 41,925 to € -368. 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 October 23, 2026.
€ 210,520
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -368
▼ still € 41,925 profit in 2025
Profit after tax over the fiscal year.
€ 24,599
▼ 80% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 175,520.
People and assets in 2026
1
Average over the fiscal year, from the social balance sheet.
€ 39,785
▲ 5% vs 2025
€ 39,800 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.
€ 63,800
▼ 33% vs 2025
Of which on lease € 63,800.
Debts at end 2026
€ 477,317
▼ 20% vs 2025
€ 119,423 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 114,402
▼ 46% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 9,966
▼ 50% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 235,337 | € 264,500 | € 266,857 | € 261,759 | ▼ 2% |
| Profit after taxes | € 2,123 | € 19,256 | € 41,925 | € -368 | ▼ € 42,294 |
| Equity | € 149,708 | € 168,963 | € 210,889 | € 210,520 | |
| Total debts | € 586,112 | € 590,753 | € 843,498 | € 610,512 | ▼ 28% |
| Cash | € 38,039 | € 51,985 | € 124,325 | € 24,599 | ▼ 80% |
| Land & buildings | € 137,191 | € 139,403 | € 128,333 | € 117,542 | ▼ 8% |
| Retained profit | € 114,708 | € 133,963 | € 175,889 | € 175,520 | |
| Bank debt | € 450,656 | € 406,538 | € 598,365 | € 477,317 | ▼ 20% |
| Balance sheet total | € 735,820 | € 759,716 | € 1,054,387 | € 821,032 | ▼ 22% |
| Employees (FTE) | 1 | 1 | 0 | 1 |
Key figures of L.G.C.E., fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to L.G.C.E.?
What happened at L.G.C.E. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 368 (▼ € 42,294 vs 2025). Source: NBB ↗
- New establishment in Bever. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,123 profit in 2023 to € 368 loss in 2026.
Paid € 15,073 in corporate taxes since 2023.
Best year ever: 2025, with € 41,925 profit.
On average € 261,800 of value added per employee in 2026.
Management
Behind L.G.C.E. is Christophe Godaert.
Directors
According to the 2026 annual accounts
Christophe Godaert
Managing director
Establishments
Establishment units
Physical locations of this company
Akrenbos 11
1547 Bever
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
- 0866.442.602
- VAT number
- BE 0866.442.602
- Registered office
- Akrenbos 11, 1547 Bever
- Names & denominations
- L.G.C.E.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2004
- Peppol
- Active · Active since 30 Mar 2026
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Landschapsverzorging
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Bouwrijp maken van terreinen
Grondverzet