Financials
Financial year 2025
LMAR from Gent, company number BE0886965426, closed financial year 2025 with a result of € 23,021 after tax. For that financial year LMAR recorded a gross margin of € 196,364 and equity of € 529,381. Compared with financial year 2024, the result moved from € 92,190 to € 23,021. 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 October 16, 2026.
€ 529,381
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,021
▼ 75% vs 2024
Profit after tax over the fiscal year.
€ 267,932
▲ 14% 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 € 510,781.
People and assets in 2025
€ 87,244
▲ 7% 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.
€ 112,105
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 118,779
▼ 6% vs 2024
€ 6,436 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 5,800
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,290
▼ 37% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 230,585 | € 280,143 | € 309,907 | € 196,364 | ▼ 37% |
| Profit after taxes | € 29,556 | € 86,864 | € 92,190 | € 23,021 | ▼ 75% |
| Equity | € 374,305 | € 449,169 | € 506,359 | € 529,381 | ▲ 5% |
| Total debts | € 311,642 | € 332,692 | € 465,842 | € 366,227 | ▼ 21% |
| Cash | € 118,315 | € 222,116 | € 235,706 | € 267,932 | ▲ 14% |
| Land & buildings | € 174,792 | € 172,032 | € 167,745 | € 163,457 | ▼ 3% |
| Retained profit | € 355,705 | € 430,569 | € 487,759 | € 510,781 | ▲ 5% |
| Dividend | € 0 | € 12,000 | € 35,000 | € 0 | ▼ 100% |
| Bank debt | € 173,781 | € 146,539 | € 126,286 | € 118,779 | ▼ 6% |
| Balance sheet total | € 685,947 | € 781,862 | € 972,202 | € 895,607 | ▼ 8% |
Key figures of LMAR, 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 LMAR?
What happened at LMAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,021 (▼ 75% vs 2024). filed late Source: NBB ↗
- New establishment in Oostende. KBO
- New establishment in Berlare. KBO
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
In short
From € 29,556 profit in 2022 to € 23,021 profit in 2025.
Paid € 136,536 in corporate taxes since 2022.
Best year ever: 2024, with € 92,190 profit.
Paid out € 47,000 in dividends to the owners in total.
Management
Behind LMAR are Zabihullah Shariff, Wijdan Muyeebullah and Ashukollah Aminollah.
Directors
According to the 2025 annual accounts
Zabihullah Shariff
Director
Wijdan Muyeebullah
Director
Ashukollah Aminollah
Director
Establishments
Establishment units
Physical locations of this company
Poperingestraat 109
9000 Gent
Bevrijdingslaan 290
9000 Gent
Active since 30 January 2007
Donklaan 108 box 2
9290 Berlare
Active since 8 October 2009
Albert I-Promenade 48
8400 Oostende
Active since 15 May 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0886.965.426
- VAT number
- BE 0886.965.426
- Registered office
- Poperingestraat 109, 9000 Gent
- Names & denominations
- LMAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 2007
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
Activiteiten van vertalers
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Vertalers en tolken
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