BG LS IMMO
Annual accounts 2025
micro format, filed on 03-07-2026, 28 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €330,000. Estimated: probably between €250,000 and €430,000.
Balance sheet
balance sheet total €194,002 on 31-12-2025in euro
in euro
Position in the sector
68.9%
Higher than 66% of 11,794 companies in 2025.
3.62
Higher than 71% of 11,521 companies in 2025.
53.1%
Higher than 93% of 11,605 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
194,002 | 141,278 | 3,769 | 16,538 | 4,844 | 16,425 | 21,432 | 141,051 | 568,696 | 573,954 | 249,876 | 188,628 | |
21/28 |
88,508 | 29,352 | - | 32 | 300 | 567 | - | 554 | 4,409 | 8,263 | 12,118 | 13,200 | |
22/27 |
88,508 | 29,352 | - | 32 | 300 | 567 | - | 554 | 4,409 | 8,263 | 12,118 | 13,200 | |
23 |
5,232 | 3,309 | - | - | - | - | - | 554 | 4,409 | 8,263 | 12,118 | 13,200 | |
24 |
83,276 | 26,043 | - | 32 | 300 | 567 | - | - | - | - | - | - | |
29/58 |
105,494 | 111,926 | 3,769 | 16,506 | 4,544 | 15,858 | 21,432 | 140,497 | 564,287 | 565,691 | 237,758 | 175,428 | |
3 |
- | 3,413 | - | - | - | - | - | 125,500 | 550,000 | 525,000 | 204,710 | 164,739 | |
30/36 |
- | 3,413 | - | - | - | - | - | 125,500 | 550,000 | 525,000 | 204,710 | 164,739 | |
40/41 |
18,553 | 29,793 | 500 | 13,910 | 500 | 12,090 | 19,076 | 10,910 | 388 | 7,459 | 8,554 | 2,503 | |
40 |
12,238 | 23,275 | - | 5,445 | - | 11,590 | 19,000 | - | - | - | - | - | |
41 |
6,315 | 6,518 | 500 | 8,465 | 500 | 500 | 76 | 10,910 | 388 | 7,459 | 8,554 | 2,503 | |
54/58 |
80,803 | 78,248 | 3,269 | 2,596 | 4,044 | 3,768 | 2,356 | 4,087 | 13,899 | 33,231 | 24,494 | 8,187 | |
490/1 |
6,138 | 472 | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
194,002 | 141,278 | 3,769 | 16,538 | 4,844 | 16,425 | 21,432 | 141,051 | 568,696 | 573,954 | 249,876 | 188,628 | |
10/15 |
133,665 | 30,738 | -62,797 | -71,625 | -135,199 | -165,583 | -172,127 | -162,466 | -27,151 | 13,980 | 18,352 | 10,564 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
12,000 | 12,000 | - | - | - | - | - | - | - | - | - | - | |
130/1 |
12,000 | 12,000 | - | - | - | - | - | - | - | - | - | - | |
1319 |
12,000 | 12,000 | - | - | - | - | - | - | - | - | - | - | |
14 |
103,065 | 138 | -81,397 | -90,225 | -153,799 | -184,183 | -190,727 | -181,066 | -45,751 | -4,620 | -248 | -8,036 | |
17/49 |
60,337 | 110,540 | 66,566 | 88,163 | 140,043 | 182,008 | 193,559 | 303,517 | 595,846 | 559,974 | 231,524 | 178,064 | |
17 |
31,168 | 69,019 | - | - | - | - | - | 121,000 | 255,000 | 213,924 | - | - | |
170/4 |
31,168 | 69,019 | - | - | - | - | - | 121,000 | 255,000 | 213,924 | - | - | |
42/48 |
29,169 | 41,521 | 66,566 | 88,163 | 140,043 | 182,008 | 193,559 | 182,517 | 340,846 | 346,050 | 231,524 | 178,064 | |
42 |
7,856 | 5,981 | - | - | - | - | - | - | - | - | - | - | |
44 |
13,120 | 2,204 | 1,607 | 50 | 1,216 | 14,404 | 9,225 | 2,788 | 7,681 | 67,381 | - | - | |
440/4 |
13,120 | 2,204 | 1,607 | 50 | 1,216 | 14,404 | 9,225 | 2,788 | 7,681 | 67,381 | - | - | |
46 |
- | 10,230 | - | - | - | - | - | - | - | - | - | - | |
45 |
5,605 | 14,128 | 1,446 | 148 | 16,054 | 11,909 | - | - | 46,656 | 456 | 461 | - | |
450/3 |
5,605 | 14,128 | 1,446 | 148 | 5,145 | 4,689 | - | - | 46,656 | 456 | 461 | - | |
454/9 |
- | - | - | - | 10,909 | 7,220 | - | - | - | - | - | - | |
47/48 |
2,588 | 8,978 | 63,513 | 87,965 | 122,773 | 155,695 | 184,334 | 179,730 | 286,510 | 278,214 | 231,064 | 178,064 | |
| Income statement | |||||||||||||
9900 |
164,822 | 123,693 | 9,554 | 80,769 | 94,825 | 69,997 | 3,843 | -118,526 | -27,827 | 630 | 11,682 | -3,734 | |
62 |
- | - | - | 16,168 | 63,651 | 52,510 | - | - | - | - | - | - | |
630 |
15,645 | 3,286 | 32 | 268 | 267 | 243 | 554 | 3,854 | 3,854 | 3,854 | 3,854 | 3,300 | |
640/8 |
5,311 | 861 | 384 | 498 | 398 | 10,590 | 8,664 | - | - | - | - | - | |
9901 |
143,866 | 119,546 | 9,138 | 63,835 | 30,509 | 6,654 | -5,375 | -122,381 | -31,682 | -3,224 | 7,828 | -7,034 | |
75/76B |
93 | - | - | 24 | - | - | - | - | 37 | - | 1 | - | |
75 |
93 | - | - | 24 | - | - | - | - | 37 | - | 1 | - | |
65/66B |
5,427 | 2,382 | 138 | 185 | 125 | 110 | 4,286 | 6,545 | 9,486 | 1,147 | 41 | 1,002 | |
65 |
5,427 | 2,382 | 138 | 185 | 125 | 110 | 4,286 | 6,545 | 9,486 | 1,147 | 41 | 1,002 | |
9903 |
138,532 | 117,164 | 9,000 | 63,674 | 30,384 | 6,544 | -9,661 | -128,926 | -41,131 | -4,372 | 7,788 | -8,036 | |
67/77 |
35,605 | 13,629 | 172 | 100 | - | - | - | 6,389 | - | - | - | - | |
9904 |
102,927 | 103,535 | 8,828 | 63,574 | 30,384 | 6,544 | -9,661 | -135,315 | -41,131 | -4,372 | 7,788 | -8,036 | |
9905 |
102,927 | 103,535 | 8,828 | 63,574 | 30,384 | 6,544 | -9,661 | -135,315 | -41,131 | -4,372 | 7,788 | -8,036 | |
| Appropriation of the result | |||||||||||||
9906 |
103,065 | 22,138 | -81,397 | -90,225 | -153,799 | -184,183 | -190,727 | -181,066 | -45,751 | -4,620 | -248 | -8,036 | |
14P |
138 | -81,397 | -90,225 | -153,799 | -184,183 | - | - | - | - | - | - | - | |
691/2 |
- | 12,000 | - | - | - | - | - | - | - | - | - | - | |
6921 |
- | 12,000 | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | 10,000 | - | - | - | - | - | - | - | - | - | - | |
694 |
- | 10,000 | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||
9087 |
- | - | - | 0.3 | 1 | 1 | - | - | - | - | - | - | |
Hours worked1013 |
- | - | - | 440 | 1,755 | 1,445 | - | - | - | - | - | - | |
| Document | |||||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 03-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-07-2026 | 2026-00245140 | |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00162195 | |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00176661 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00177488 | |
| 31-12-2021 | micro format | 22-06-2022 | 2022-20091837 | |
| 31-12-2020 | micro format | 25-06-2021 | 2021-25200391 | |
| 31-12-2019 | micro format | 19-06-2020 | 2020-18700396 | |
| 31-12-2018 | micro format | 25-11-2019 | 2019-74400244 | |
| 31-12-2017 | micro format | 29-09-2018 | 2018-67600376 | |
| 31-12-2016 | full format | 18-07-2017 | 2017-33500005 | |
| 31-12-2015 | full format | 29-08-2016 | 2016-50700028 | |
| 31-12-2014 | full format | 28-01-2016 | 2016-03200248 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 159,511 | 122,832 | 9,170 | 64,103 | 30,776 | 6,897 | -4,821 | -118,526 | -27,827 | 630 | 11,682 | -3,734 | ||
| 118,572 | 106,821 | 8,860 | 63,842 | 30,651 | 6,787 | -9,107 | -131,460 | -37,276 | -517 | 11,642 | -4,736 | ||
| 88,415 | 32,638 | 0 | 0 | 0 | 810 | -0 | 0 | 0 | 0 | 2,772 | 16,500 | ||
| 2,555 | 74,979 | 673 | -1,448 | 276 | 1,412 | -1,731 | -9,812 | -19,333 | 8,738 | 16,307 | - | ||
| 76,325 | 70,405 | -62,797 | -71,657 | -135,499 | -166,150 | -172,127 | -42,020 | 223,440 | 219,641 | 6,234 | -2,636 | ||
| 68.9% | 21.8% | - | -433.1% | - | - | -803.1% | -115.2% | -4.8% | 2.4% | 7.3% | 5.6% | ||
| 3.62 | 2.70 | - | 0.19 | - | 0.09 | 0.11 | 0.77 | 1.66 | 1.63 | 1.03 | 0.99 | ||
| 3.62 | 2.61 | - | 0.19 | - | 0.09 | 0.11 | 0.08 | 0.04 | 0.12 | 0.14 | 0.06 | ||
| 0.45 | 3.60 | - | - | - | - | - | - | - | 40.05 | 12.62 | 16.86 | ||
| 77.0% | 336.8% | - | - | - | - | - | - | - | -31.3% | 42.4% | -76.1% | ||
| 53.1% | 73.3% | - | 384.4% | - | 39.8% | -45.1% | -95.9% | -7.2% | -0.8% | 3.1% | -4.3% | ||
| 29.39 | 51.57 | 66.45 | over 100 | over 100 | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2022 | 31-12-2021 |
|---|---|---|
| Employees at the balance-sheet date | - | 1 |
| full-time | - | 1 |
| in full-time equivalents | - | 1 |
| 0.3 | 1 | |
| On a permanent contract | - | 1 |
| Joined | 0 | - |
| Left | 1 | - |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €88,415 | €32,638 | - | - | - |
| €15,645 | €3,286 | €32 | €268 | €267 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on BG LS IMMO
The operating result for 2025 is 20% higher than in 2024 and the highest since 2014. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 78.2% to 31.1%. Equity is higher and debt is lower.