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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
L & G from Knokke-Heist, company number BE0899387265, closed financial year 2024 with a result of € -335,933 after tax. For that financial year L & G recorded a gross margin of € -4,540 and equity of € -1.3 million. Compared with financial year 2023, the result moved from € -76,729 to € -335,933. 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 June 19, 2025.
€ -1.3 million
▼ € 335,933 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -335,933
▼ 338 % more loss than in 2023
Profit after tax over the fiscal year.
€ 22,582
▲ € 17,140 vs 2023
Cash and bank balances on the last day of the fiscal year.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -3,406 | € -4,654 | € -5,507 | € -4,540 | ▲ € 967 |
| Profit after taxes | € -30,592 | € -77,700 | € -76,729 | € -335,933 | ▼ € 259,204 |
| Equity | € -825,686 | € -903,386 | € -980,115 | € -1,316,047 | ▼ € 335,933 |
| Total debts | € 3,466,681 | € 3,466,856 | € 3,466,856 | € 3,752,117 | ▲ 8% |
| Cash | € 24,058 | € 14,352 | € 5,442 | € 22,582 | ▲ € 17,140 |
| Land & buildings | € 2,565,577 | € 2,497,758 | € 2,429,939 | € 2,362,127 | ▼ 3% |
| Retained profit | € -835,686 | € -913,386 | € -990,115 | € -1,326,047 | ▼ € 335,933 |
| Balance sheet total | € 2,640,995 | € 2,563,470 | € 2,486,741 | € 2,436,070 | ▼ 2% |
Key figures of L & G, 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 L & G?
What happened at L & G in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 335,933. Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
- Maria Ruelens became a director. NBB
- Lieve Van Gorp became a director. NBB
In short
From € 30,592 loss in 2021 to € 335,933 loss in 2024.
Management
Behind L & G are Maria Ruelens and Lieve Van Gorp. The same people are also behind LIEVE VAN GORP FOUNDATION FOR WOMEN ARTISTS and RUELENS - VAN GORP FOUNDATION FOR DYSTONIA RESEARCH.
Directors
According to the 2024 annual accounts
Maria Ruelens
Managing director
Also active at: LIEVE VAN GORP FOUNDATION FOR WOMEN ARTISTS, RUELENS - VAN GORP FOUNDATION FOR DYSTONIA RESEARCH
since 2008
Lieve Van Gorp
Managing director
Also active at: LIEVE VAN GORP FOUNDATION FOR WOMEN ARTISTS, RUELENS - VAN GORP FOUNDATION FOR DYSTONIA RESEARCH
since 2008
Establishments
Establishment units
Physical locations of this company
Prins Filiplaan 38
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0899.387.265
- VAT number
- BE 0899.387.265
- Registered office
- Prins Filiplaan 38, 8300 Knokke-Heist
- Names & denominations
- L & G
- Enterprise type
- Rechtspersoon
- Legal form
- Private foundation
- Legal situation
- Normale toestand
- Start date
- 18 July 2008
- Peppol
- Not registered