Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
LessIsMore from Destelbergen, company number BE0882212723, closed financial year 2024 with a result of € 64,727 after tax. For that financial year LessIsMore recorded a gross margin of € 87,594 and equity of € 102,849. Compared with financial year 2023, the result moved from € 67,618 to € 64,727. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 102,849
▲ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,727
▼ 4% vs 2023
Profit after tax over the fiscal year.
€ 73,134
▲ 6% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 60,000 paid out
93 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
€ 23,846
▲ € 22,017 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 61,204
▼ 31% vs 2023
€ 28,779 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,235
▼ 42% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 16,584
▲ 33% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 96,784 | € 70,614 | € 87,299 | € 87,594 | |
| Profit after taxes | € 75,504 | € 43,644 | € 67,618 | € 64,727 | ▼ 4% |
| Equity | € 131,860 | € 150,504 | € 98,122 | € 102,849 | ▲ 5% |
| Total debts | € 300,662 | € 302,487 | € 387,909 | € 423,453 | ▲ 9% |
| Cash | € 52,255 | € 47,360 | € 69,006 | € 73,134 | ▲ 6% |
| Land & buildings | € 87,180 | € 111,901 | € 101,714 | € 89,394 | ▼ 12% |
| Retained profit | € 113,260 | € 131,904 | € 79,522 | € 84,249 | ▲ 6% |
| Dividend | € 75,000 | € 25,000 | € 120,000 | € 60,000 | ▼ 50% |
| Bank debt | € 141,308 | € 115,603 | € 88,911 | € 61,204 | ▼ 31% |
| Balance sheet total | € 478,398 | € 498,867 | € 486,031 | € 526,302 | ▲ 8% |
Key figures of LessIsMore, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LessIsMore?
What happened at LessIsMore in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 64,727 (▼ 4% vs 2023). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,504 profit in 2021 to € 64,727 profit in 2024.
Paid € 69,240 in corporate taxes since 2021.
Best year ever: 2021, with € 75,504 profit.
Paid out € 280,000 in dividends to the owners in total.
A new publication or filing at LessIsMore? 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
Behind LessIsMore are Carl Rochlitz and Ilse Michielsen.
Directors
According to the 2024 annual accounts
Carl Rochlitz
Manager
Ilse Michielsen
Manager
Establishments
Establishment units
Physical locations of this company
Haenhoutstraat 179
9070 Destelbergen
Louizalaan 54
1050 Brussel
Active since 3 July 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0882.212.723
- VAT number
- BE 0882.212.723
- Registered office
- Haenhoutstraat 179, 9070 Destelbergen
- Names & denominations
- LessIsMore
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2006
- Peppol
- Active · Active since 14 Mar 2025
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