Financials
Financial year 2025
LVCMD from Gent, company number BE1000232623, closed financial year 2025 with a result of € 80,199 after tax. For that financial year LVCMD recorded a gross margin of € 104,206 and equity of € 202,858. Compared with financial year 2024, the result moved from € 81,692 to € 80,199. 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 June 25, 2026.
€ 202,858
▲ 65% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 80,199
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 207,258
▲ 45% 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 € 197,858.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 599
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,332
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,103
▼ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 52,517 | € 104,506 | € 104,206 | |
| Profit after taxes | € 37,658 | € 81,692 | € 80,199 | ▼ 2% |
| Equity | € 41,825 | € 122,659 | € 202,858 | ▲ 65% |
| Total debts | € 31,555 | € 25,504 | € 19,300 | ▼ 24% |
| Cash | € 62,546 | € 142,731 | € 207,258 | ▲ 45% |
| Retained profit | € 36,825 | € 117,659 | € 197,858 | ▲ 68% |
| Dividend | € 833 | € 859 | € 0 | ▼ 100% |
| Balance sheet total | € 73,380 | € 148,163 | € 222,158 | ▲ 50% |
Key figures of LVCMD, fiscal years 2023 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 LVCMD?
What happened at LVCMD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 80,199 (▼ 2% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 37,658 profit in 2023 to € 80,199 profit in 2025.
Paid € 61,122 in corporate taxes since 2023.
Best year ever: 2024, with € 81,692 profit.
Paid out € 1,692 in dividends to the owners in total.
Management
Behind LVCMD is Michiel Dobbelaere.
Directors
According to the 2025 annual accounts
Michiel Dobbelaere
Director
Establishments
Establishment units
Physical locations of this company
Kareelstraat 14
9051 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DOBBELAERE Michiel August Raphaël Anita(oprichter) 100%
Details
- Company number
- 1000.232.623
- VAT number
- BE 1000.232.623
- Registered office
- Kareelstraat 14, 9051 Gent
- Names & denominations
- LVCMD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 2023
- Peppol
- Active · Active since 8 Nov 2025
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