Financials
Financial year 2025
LOUWAGIE SPORT MANAGEMENT from Kruisem, company number BE0872147190, closed financial year 2025 with a result of € 630,655 after tax. For that financial year LOUWAGIE SPORT MANAGEMENT recorded a gross margin of € 1 million and equity of € 6.4 million. Compared with financial year 2024, the result moved from € 1.5 million to € 630,655. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 26, 2025.
€ 6.4 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 630,655
▼ 58% vs 2024
Profit after tax over the fiscal year.
€ 25,239
▼ 99% 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 € 6.4 million.
People and assets in 2025
0.8
Average over the fiscal year, from the social balance sheet.
€ 46,612
▲ 4% 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.
€ 8,681
▲ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 130,113
▼ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 15,426
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 72,268
▼ 75% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,058,129 | € 805,373 | € 1,638,304 | € 1,013,132 | ▼ 38% |
| Profit after taxes | € 613,147 | € 411,229 | € 1,518,568 | € 630,655 | ▼ 58% |
| Equity | € 3,843,857 | € 4,255,086 | € 5,773,655 | € 6,404,309 | ▲ 11% |
| Total debts | € 360,737 | € 240,769 | € 1,048,497 | € 222,497 | ▼ 79% |
| Cash | € 68,257 | € 466,627 | € 1,908,748 | € 25,239 | ▼ 99% |
| Land & buildings | € 2,368,161 | € 2,312,456 | € 2,255,383 | € 2,214,072 | ▼ 2% |
| Retained profit | € 3,825,257 | € 4,236,486 | € 5,755,055 | € 6,385,709 | ▲ 11% |
| Dividend | € 214,521 | € 0 | € 0 | € 0 | |
| Bank debt | € 306,037 | € 131,933 | € 132,178 | € 130,113 | ▼ 2% |
| Balance sheet total | € 4,215,539 | € 4,506,413 | € 6,832,322 | € 6,636,589 | ▼ 3% |
| Employees (FTE) | 0.8 | 0.8 | 0.8 | 0.8 |
Key figures of LOUWAGIE SPORT MANAGEMENT, 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 October 2026.
What happened to LOUWAGIE SPORT MANAGEMENT?
What happened at LOUWAGIE SPORT MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 630,655 (▼ 58% vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
In short
From € 613,147 profit in 2022 to € 630,655 profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.5 million profit.
Paid out € 214,521 in dividends to the owners in total.
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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 LOUWAGIE SPORT MANAGEMENT is Michel LOUWAGIE. It owns 100% of Secri Invest and 75% of Loma Casa Construct SL itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Ledekerkweg (WAN) 2
9772 Kruisem
Zoutelaan 69
8300 Knokke-Heist
Active since 1 October 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0872.147.190
- VAT number
- BE 0872.147.190
- Registered office
- Ledekerkweg (WAN) 2, 9772 Kruisem
- Names & denominations
- LOUWAGIE SPORT MANAGEMENT · LMSM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 2005
- Peppol
- Active · Active since 24 May 2026
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings