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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LGR INTERNATIONAL from Brussel, company number BE0889888985, closed financial year 2025 with a result of € -209,032 after tax. For that financial year LGR INTERNATIONAL recorded revenue of € 24,000 and equity of € -6.3 million. Compared with financial year 2024, the result moved from € -323,530 to € -209,032. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -6.3 million
▼ € 209,032 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -209,032
▲ 35 % less loss than in 2024
Profit after tax over the fiscal year.
€ 232,191
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12.9 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,432
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,800
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,000 | € 26,000 | € 0 | € 24,000 | |
| Profit after taxes | € 27,795 | € -7,699,293 | € -323,530 | € -209,032 | ▲ € 114,499 |
| Equity | € 1,952,600 | € -5,746,693 | € -6,070,224 | € -6,279,255 | ▼ € 209,032 |
| Total debts | € 29,595,873 | € 32,377,647 | € 28,324,532 | € 27,454,071 | ▼ 3% |
| Cash | € 85,310 | € 801,190 | € 319,061 | € 232,191 | ▼ 27% |
| Retained profit | € -4,717,900 | € -12,417,193 | € -12,740,724 | € -12,949,755 | ▼ € 209,032 |
| Balance sheet total | € 31,548,473 | € 34,034,148 | € 30,632,277 | € 30,283,979 | ▼ 1% |
Key figures of LGR INTERNATIONAL, 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 LGR INTERNATIONAL?
What happened at LGR INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Torben Reine stepped down as director. NBB
- Michel Dubois stepped down as director. NBB
- Philippe Ratte stepped down as director. NBB
- Gilles Quaglia stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 209,032. Source: NBB ↗
- Michel Dubois became a director. NBB
- Torben Reine became a director. NBB
- Philippe Ratte became a director. NBB
In short
From € 27,795 profit in 2022 to € 209,032 loss in 2025.
Paid € 27,800 in corporate taxes since 2022.
Best year ever: 2022, with € 27,795 profit.
Pays suppliers within 101 days on average.
Management
It owns 100% of LGR PACKAGING SUISS, 100% of POLICOLOR OFFSET SA, 100% of LGR PACKAGING POLAND, 100% of DC IMMOBILIARE, 100% of GOLDPRINT SA and 30% of DURAN DOGAN itself.
Directors
According to the 2025 annual accounts
Torben Reine
Director
since 2018 · until 2030
Michel Dubois
Director
since 2024 · until 2030
since 2018 · until 2030
since 2018 · until 2030
Establishments
Establishment units
Physical locations of this company
Louizalaan 287 box 16
1050 Brussel
Louizalaan 500 box 6
1050 Brussel
Active since 3 July 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →Schiedel Metaloterm
€ 334,379 gross margin · 2025
International Investment Associates
GOLDPRINT same network
€ 6.9 million revenue · 2025
G.L. - METAL
LYONNAISE BELGIQUE - BELGIE
+44 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0889.888.985
- VAT number
- BE 0889.888.985
- Registered office
- Louizalaan 287 bus 16, 1050 Brussel
- Names & denominations
- LGR INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 2007
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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