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LECOT

Active
Public limited companyfounded 1958active for 68 yearsVier Linden(Heu) 9, 8501 Kortrijk, BelgiumKBO/BCE: BE 0405.350.033
Summary

LECOT has been active since 1958 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52.0m and a net result of €2.1m. Equity is growing by about 9.4% per year across the filed financial years. Its solvency ranks better than 45% of 6,116 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, full format, standalone accounts

Turnover
€259.2m▲ 1.0%
2024 · €256.6m
EBIT margin
0.6%=
2024 · 0.5%
Net result
€2.1m▲ 17.0%
2024 · €1.8m
Working capital
€29.1m▼ 5.6%
2024 · €30.8m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 9% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€259.2m 2025 Operating result€1.5m 2025 Net result€2.1m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€173.3m-€187.1m▲ 8.0%€200.9m▲ 7.4%€224.9m▲ 11.9%€244.7m▲ 8.8%€256.4m▲ 4.8%€256.6m▲ 0.1%€259.2m▲ 1.0%
Operating result€3.9m-€5.2m▲ 35.3%€7.8m▲ 48.4%€9.3m▲ 19.2%€9.7m▲ 5.1%€6.2m▼ 36.9%€1.4m▼ 77.4%€1.5m▲ 9.4%
Net result€3.7m-€4.9m▲ 33.4%€7.0mabove the sector's middle half▲ 43.4%€8.8mabove the sector's middle half▲ 25.7%€8.4mabove the sector's middle half▼ 4.9%€6.0mabove the sector's middle half▼ 28.6%€1.8mabove the sector's middle half▼ 69.6%€2.1mabove the sector's middle half▲ 17.0%
EBIT margin2.2%-2.8%▲ 0.6pp3.9%▲ 1.1pp4.1%▲ 0.3pp4.0%▼ 0.1pp2.4%▼ 1.6pp0.5%▼ 1.9pp0.6%=
Equity€27.1m-€30.4m▲ 11.9%€34.0mabove the sector's middle half▲ 12.1%€38.8mabove the sector's middle half▲ 14.1%€44.1mabove the sector's middle half▲ 13.8%€49.3mabove the sector's middle half▲ 11.6%€50.6mabove the sector's middle half▲ 2.7%€52.0mabove the sector's middle half▲ 2.9%
Total assets€62.3m-€68.1m▲ 9.3%€78.0mabove the sector's middle half▲ 14.6%€85.8mabove the sector's middle half▲ 9.9%€96.7mabove the sector's middle half▲ 12.8%€105.5mabove the sector's middle half▲ 9.1%€116.0mabove the sector's middle half▲ 9.9%€128.0mabove the sector's middle half▲ 10.3%
Debt€34.8m-€37.3m▲ 7.3%€43.6m▲ 16.7%€46.6m▲ 6.9%€52.0m▲ 11.7%€55.7m▲ 7.0%€64.8m▲ 16.5%€75.4m▲ 16.3%
Working capital€20.2m-€23.5m▲ 16.4%€21.6mabove the sector's middle half▼ 7.9%€24.0mabove the sector's middle half▲ 10.8%€27.8mabove the sector's middle half▲ 16.1%€31.9mabove the sector's middle half▲ 14.6%€30.8mabove the sector's middle half▼ 3.6%€29.1mabove the sector's middle half▼ 5.6%
Solvency43.5%-44.6%▲ 1.1pp43.6%within the sector's middle half▼ 1.0pp45.3%within the sector's middle half▲ 1.7pp45.6%within the sector's middle half▲ 0.4pp46.7%within the sector's middle half▲ 1.0pp43.6%within the sector's middle half▼ 3.1pp40.6%within the sector's middle half▼ 3.0pp
Current ratio1.62-1.66▲ 0.041.56within the sector's middle half▼ 0.111.56within the sector's middle half=1.61within the sector's middle half▲ 0.051.80within the sector's middle half▲ 0.191.66within the sector's middle half▼ 0.131.51within the sector's middle half▼ 0.15
Return on assets (ROA)5.9%-7.2%▲ 1.3pp9.0%within the sector's middle half▲ 1.8pp10.3%within the sector's middle half▲ 1.3pp8.7%within the sector's middle half▼ 1.6pp5.7%within the sector's middle half▼ 3.0pp1.6%within the sector's middle half▼ 4.1pp1.7%within the sector's middle half▲ 0.1pp
Staff (FTE)505.7-520.8▲ 3.0%525.8above the sector's middle half▲ 1.0%545.9above the sector's middle half▲ 3.8%580.5above the sector's middle half▲ 6.3%627.8above the sector's middle half▲ 8.1%669.9above the sector's middle half▲ 6.7%657.2above the sector's middle half▼ 1.9%
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Why a figure moved sharply
  • 2024 Net result -70% on 2023. Merger absorbing DESAIR, Official Gazette 22-01-2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €128.0m
Fixed assets €41.9m ▲ 8.0%
Current assets €86.2m ▲ 11.5%
Equity and liabilities €128.0m
Equity €52.0m ▲ 2.9%
Provisions €586,058 ▼ 4.6%
Debt €75.4m ▲ 16.3%
Debt's share of the balance-sheet total rises from 55.9% to 58.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6.9m▲
2024 · €5.8m
Cash flow
€7.5m▲
2024 · €6.2m
Quick ratio
0.51▲
2024 · 0.50
Debt to equity
1.45▲
2024 · 1.28
ROE
4.1%▲
2024 · 3.6%
Interest coverage
2.98▲
2024 · 2.50
Debt ≤ 1 year
€57.1m▲
2024 · €46.5m
Debt > 1 year
€18.0m▲
2024 · €18.0m
Income taxes
€264,181▼
2024 · €288,751
Staff costs
€44.3m▲
2024 · €43.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 513 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96.1% are still going.

  • Large
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.8% went bankrupt
3.1% stopped otherwise
96.1% still going

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 513 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 96 lines
Balance sheet Code20242025
Assets
Total assets20/58€116.0m€128.0m▲
Fixed assets21/28€38.8m€41.9m▲
Intangible fixed assets21€1.3m€1.9m▲
Tangible fixed assets22/27€24.3m€26.8m▲
Land and buildings22€13.8m€13.3m▼
Plant, machinery and equipment23€6.0m€9.1m▲
Furniture and vehicles24€1.2m€0.7m▼
Leasing and similar rights25€0.006m€0▼
Other tangible fixed assets26€3.4m€3.6m▲
Financial fixed assets28€13.2m€13.2m▼
Affiliated companies280/1€13.0m€13.0m=
Participating interests280€13.0m€13.0m=
Other financial fixed assets284/8€0.2m€0.1m▼
Shares284€0.1m€0.1m=
Amounts receivable and cash guarantees285/8€0.03m€0.01m▼
Current assets29/58€77.3m€86.2m▲
Stocks and contracts in progress3€53.8m€57.2m▲
Stocks30/36€53.8m€57.2m▲
Goods purchased for resale34€53.8m€57.2m▲
Amounts receivable within one year40/41€22.0m€26.3m▲
Trade receivables40€14.1m€16.1m▲
Other amounts receivable41€8.0m€10.2m▲
Cash at bank and in hand54/58€0.6m€1.9m▲
Deferred charges and accrued income490/1€0.8m€0.7m▼
Equity and liabilities
Total equity and liabilities10/49€116.0m€128.0m▲
Equity10/15€50.6m€52.0m▲
Contributions10/11€4.0m€4.0m=
Capital10€4.0m€4.0m=
Issued capital100€4.0m€4.0m=
Contributions outside capital11€169€169=
Share premium1100/10€169€169=
Revaluation surpluses12€0.07m€0.07m=
Reserves13€46.5m€48.0m▲
Non-distributable reserves130/1€0.4m€0.4m=
Legal reserve130€0.4m€0.4m=
Tax-exempt reserves132€0.9m€0.9m▼
Distributable reserves133€45.2m€46.7m▲
Provisions and deferred taxes16€0.6m€0.6m▼
Provisions for liabilities and charges160/5€0.4m€0.4m▼
Other liabilities and charges164/5€0.4m€0.4m▼
Deferred taxes168€0.2m€0.2m▼
Amounts payable17/49€64.8m€75.4m▲
Amounts payable after more than one year17€18.0m€18.0m▲
Financial debts170/4€18.0m€18.0m▲
Credit institutions173€17.0m€17.1m▲
Other loans174€1.0m€1.0m=
Amounts payable within one year42/48€46.5m€57.1m▲
Current portion of amounts payable after more than one year42€3.3m€3.8m▲
Financial debts43€19.9m€28.8m▲
Credit institutions430/8€19.9m€28.8m▲
Trade debts44€13.1m€14.2m▲
Suppliers440/4€13.1m€14.2m▲
Advances received on contracts in progress46€0.7m€0.7m▼
Taxes, remuneration and social security45€8.7m€8.8m▲
Taxes450/3€2.5m€2.9m▲
Remuneration and social security454/9€6.2m€5.9m▼
Other amounts payable47/48€0.8m€0.8m▲
Accrued charges and deferred income492/3€0.3m€0.3m▼
Income statement Code20242025
Operating income70/76A€258.5m€261.5m▲
Turnover70€256.6m€259.2m▲
Other operating income74€1.9m€2.3m▲
Operating charges60/66A€257.1m€260.0m▲
Goods for resale, raw materials and consumables60€175.2m€176.0m▲
Purchases600/8€177.4m€179.3m▲
Change in stocks: decrease (increase)609-€2.1m-€3.3m▼
Services and other goods61€33.0m€33.2m▲
Remuneration, social security and pensions62€43.6m€44.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4.4m€5.4m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.02m€0.2m▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€0.03m-€0.01m▼
Other operating charges640/8€0.8m€1.0m▲
Operating profit (loss)9901€1.4m€1.5m▲
Financial income75/76B€4.1m€4.2m▲
Recurring financial income75€4.1m€4.2m▲
Income from financial fixed assets750€0.7m€0.7m▲
Income from current assets751€0.1m€0.1m▲
Other financial income752/9€3.3m€3.4m▲
Financial charges65/66B€3.4m€3.4m▼
Recurring financial charges65€3.4m€3.4m▼
Debt charges650€2.3m€2.3m=
Other financial charges652/9€1.1m€1.0m▼
Profit (loss) for the period before taxes9903€2.1m€2.4m▲
Transfer from deferred taxes780€0.01m€0.01m▼
Income taxes67/77€0.3m€0.3m▼
Taxes670/3€0.3m€0.3m▼
Tax adjustments and reversals of tax provisions77€0.003m-
Profit (loss) for the period9904€1.8m€2.1m▲
Transfer from tax-exempt reserves789€0.3m€0.04m▼
Profit (loss) for the period to be appropriated9905€2.1m€2.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.1m€2.2m▲
Transfer to equity691/2€1.6m€1.5m▼
To other reserves6921€1.6m€1.5m▼
Profit to be distributed694/7€0.5m€0.7m▲
Return on contributions (dividend)694€0.5m€0.5m=
Directors or managers695€0.008m€0.2m▲
Social balance sheet
Average headcount (FTE)9087669.9657.2▼

The notes to these accounts (89 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€226.6m€247.1m€258.6m€258.5m€261.5m▲ 1.2%
Turnover70€173.3m€187.1m€200.9m€224.9m€244.7m€256.4m€256.6m€259.2m▲ 1.0%
Other operating income74---€1.7m€1.7m€2.2m€1.9m€2.3m▲ 24.9%
Non-recurring operating income76A----€0.7m€0.008m---
Operating charges60/66A---€217.4m€237.3m€252.5m€257.1m€260.0m▲ 1.1%
Goods for resale, raw materials and consumables60---€156.3m€166.9m€174.6m€175.2m€176.0m▲ 0.4%
Purchases600/8---€163.6m€172.1m€172.7m€177.4m€179.3m▲ 1.1%
Change in stocks: decrease (increase)609----€7.3m-€5.2m€1.8m-€2.1m-€3.3m▼ 55.2%
Services and other goods61---€28.1m€32.6m€33.0m€33.0m€33.2m▲ 0.7%
Remuneration, social security and pensions62---€30.2m€34.3m€40.5m€43.6m€44.3m▲ 1.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.4m€2.6m€2.3m€2.1m€2.2m€2.9m€4.4m€5.4m▲ 22.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.3m€0.09m-€0.03m-€0.02m€0.2m-
Provisions for liabilities and charges: additions (uses and reversals)635/8----€0.09m€0.03m€0.06m€0.03m-€0.01m-
Other operating charges640/8---€1.0m€1.2m€1.4m€0.8m€1.0m▲ 20.2%
Non-recurring operating charges66A-----€0.009m---
Operating profit (loss)9901€3.9m€5.2m€7.8m€9.3m€9.7m€6.2m€1.4m€1.5m▲ 9.4%
Financial income75/76B---€3.6m€4.0m€5.5m€4.1m€4.2m▲ 2.7%
Recurring financial income75€2.4m€2.8m€2.6m€3.6m€4.0m€5.5m€4.1m€4.2m▲ 2.7%
Income from financial fixed assets750---€0.7m€0.9m€2.3m€0.7m€0.7m▲ 0.2%
Income from current assets751---€0.04m€0.04m€0.03m€0.1m€0.1m▲ 0.5%
Other financial income752/9---€2.9m€3.0m€3.1m€3.3m€3.4m▲ 3.3%
Financial charges65/66B---€1.5m€2.6m€4.1m€3.4m€3.4m▼ 1.2%
Recurring financial charges65€1.4m€1.4m€1.3m€1.5m€1.7m€2.9m€3.4m€3.4m▼ 1.2%
Debt charges650€0.5m€0.5m€0.4m€0.5m€0.6m€1.8m€2.3m€2.3m=
Other financial charges652/9---€1.0m€1.1m€1.1m€1.1m€1.0m▼ 3.9%
Non-recurring financial charges66B----€0.8m€1.2m---
Profit (loss) for the period before taxes9903€4.9m€6.6m€9.1m€11.4m€11.2m€7.6m€2.1m€2.4m▲ 13.6%
Transfer from deferred taxes780---€0.008m€0.01m€0.02m€0.01m€0.01m▼ 0.2%
Transfer to deferred taxes680----€0.2m----
Income taxes67/77€1.2m€1.7m€2.1m€2.6m€2.6m€1.6m€0.3m€0.3m▼ 8.5%
Taxes670/3---€2.6m€2.6m€1.6m€0.3m€0.3m▼ 9.5%
Tax adjustments and reversals of tax provisions77---€0.02m€458-€0.003m--
Profit (loss) for the period9904€3.7m€4.9m€7.0m€8.8m€8.4m€6.0m€1.8m€2.1m▲ 17.0%
Transfer from tax-exempt reserves789---€0.02m€0.03m€0.05m€0.3m€0.04m▼ 82.5%
Transfer to tax-exempt reserves689----€0.7m€0.02m---
Profit (loss) for the period to be appropriated9905€2.8m€5.8m€7.1m€8.9m€7.7m€6.0m€2.1m€2.2m▲ 4.8%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€62.3m€68.1m€78.0m€85.8m€96.7m€105.5m€116.0m€128.0m▲ 10.3%
Fixed assets21/28€9.6m€9.3m€17.6m€19.2m€23.2m€33.5m€38.8m€41.9m▲ 8.0%
Intangible fixed assets21€0.5m€0.4m€0.3m€0.1m€0.04m€0.01m€1.3m€1.9m▲ 53.8%
Tangible fixed assets22/27€8.0m€7.8m€7.6m€7.0m€8.3m€20.3m€24.3m€26.8m▲ 10.1%
Land and buildings22---€4.2m€4.9m€12.7m€13.8m€13.3m▼ 3.4%
Plant, machinery and equipment23---€0.9m€1.1m€3.5m€6.0m€9.1m▲ 53.2%
Furniture and vehicles24---€0.4m€0.4m€1.6m€1.2m€0.7m▼ 42.6%
Leasing and similar rights25---€0.08m€0.06m€0.03m€0.006m€0▼ 100.0%
Other tangible fixed assets26---€1.4m€1.9m€2.5m€3.4m€3.6m▲ 7.3%
Financial fixed assets28€1.1m€1.1m€9.8m€12.1m€14.8m€13.2m€13.2m€13.2m▼ 0.1%
Affiliated companies280/1---€11.9m€14.6m€13.0m€13.0m€13.0m=
Participating interests280---€11.9m€14.6m€13.0m€13.0m€13.0m=
Other financial fixed assets284/8---€0.2m€0.2m€0.2m€0.2m€0.1m▼ 11.1%
Shares284---€0.1m€0.1m€0.1m€0.1m€0.1m=
Amounts receivable and cash guarantees285/8---€0.04m€0.04m€0.04m€0.03m€0.01m▼ 65.9%
Current assets29/58€52.8m€58.9m€60.4m€66.6m€73.5m€72.0m€77.3m€86.2m▲ 11.5%
Stocks and contracts in progress3€34.7m€37.2m€39.4m€46.7m€52.1m€51.4m€53.8m€57.2m▲ 6.3%
Stocks30/36---€46.7m€52.1m€51.4m€53.8m€57.2m▲ 6.3%
Goods purchased for resale34---€46.7m€52.1m€51.4m€53.8m€57.2m▲ 6.3%
Amounts receivable within one year40/41€15.5m€18.4m€17.6m€16.8m€18.4m€18.8m€22.0m€26.3m▲ 19.4%
Trade receivables40---€9.8m€12.8m€13.3m€14.1m€16.1m▲ 14.3%
Other amounts receivable41---€7.0m€5.6m€5.5m€8.0m€10.2m▲ 28.6%
Cash at bank and in hand54/58€1.7m€2.8m€3.2m€2.7m€2.5m€1.2m€0.6m€1.9m▲ 206%
Deferred charges and accrued income490/1---€0.4m€0.6m€0.6m€0.8m€0.7m▼ 7.1%
Equity and liabilities
Total equity and liabilities10/49€62.3m€68.1m€78.0m€85.8m€96.7m€105.5m€116.0m€128.0m▲ 10.3%
Equity10/15€27.1m€30.4m€34.0m€38.8m€44.1m€49.3m€50.6m€52.0m▲ 2.9%
Contributions10/11€3.7m€3.7m€3.7m€3.7m€3.7m€4.0m€4.0m€4.0m=
Capital10---€3.7m€3.7m€4.0m€4.0m€4.0m=
Issued capital100---€3.7m€3.7m€4.0m€4.0m€4.0m=
Contributions outside capital11-----€169€169€169=
Share premium1100/10-----€169€169€169=
Revaluation surpluses12---€0.07m€0.07m€0.07m€0.07m€0.07m=
Reserves13€23.3m€26.5m€30.2m€35.0m€40.3m€45.2m€46.5m€48.0m▲ 3.1%
Non-distributable reserves130/1---€0.4m€0.4m€0.4m€0.4m€0.4m=
Legal reserve130---€0.4m€0.4m€0.4m€0.4m€0.4m=
Tax-exempt reserves132---€0.5m€1.2m€1.2m€0.9m€0.9m▼ 4.8%
Distributable reserves133---€34.1m€38.8m€43.6m€45.2m€46.7m▲ 3.3%
Provisions and deferred taxes16€0.4m€0.4m€0.5m€0.4m€0.6m€0.6m€0.6m€0.6m▼ 4.6%
Provisions for liabilities and charges160/5---€0.2m€0.3m€0.3m€0.4m€0.4m▼ 3.7%
Pensions and similar obligations160---€0.01m€0.004m----
Major repairs and maintenance162---€0.02m€0.02m€0.02m---
Other liabilities and charges164/5---€0.2m€0.2m€0.3m€0.4m€0.4m▼ 3.7%
Deferred taxes168---€0.1m€0.3m€0.3m€0.2m€0.2m▼ 6.0%
Amounts payable17/49€34.8m€37.3m€43.6m€46.6m€52.0m€55.7m€64.8m€75.4m▲ 16.3%
Amounts payable after more than one year17€2.1m€1.7m€4.5m€3.7m€6.0m€15.3m€18.0m€18.0m▲ 0.3%
Financial debts170/4---€3.7m€6.0m€15.3m€18.0m€18.0m▲ 0.3%
Leasing and similar obligations172---€0.08m€0.05m€0.01m---
Credit institutions173---€2.7m€5.0m€14.3m€17.0m€17.1m▲ 0.3%
Other loans174---€1.0m€1.0m€1.0m€1.0m€1.0m=
Amounts payable within one year42/48€32.6m€35.4m€38.8m€42.6m€45.7m€40.1m€46.5m€57.1m▲ 22.8%
Current portion of amounts payable after more than one year42---€0.9m€1.3m€2.4m€3.3m€3.8m▲ 14.3%
Financial debts43---€26.0m€22.7m€12.1m€19.9m€28.8m▲ 44.9%
Credit institutions430/8---€26.0m€22.7m€12.1m€19.9m€28.8m▲ 44.9%
Trade debts44€6.0m€8.6m€6.8m€5.4m€11.3m€15.1m€13.1m€14.2m▲ 8.2%
Suppliers440/4---€5.4m€11.3m€15.1m€13.1m€14.2m▲ 8.2%
Advances received on contracts in progress46---€0.3m€0.3m€0.8m€0.7m€0.7m▼ 3.4%
Taxes, remuneration and social security45---€6.8m€7.6m€8.6m€8.7m€8.8m▲ 1.5%
Taxes450/3---€2.5m€2.5m€2.6m€2.5m€2.9m▲ 17.3%
Remuneration and social security454/9---€4.3m€5.2m€6.1m€6.2m€5.9m▼ 4.8%
Other amounts payable47/48---€3.2m€2.5m€1.1m€0.8m€0.8m▲ 3.1%
Accrued charges and deferred income492/3---€0.3m€0.3m€0.3m€0.3m€0.3m▼ 22.3%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€3.7m€4.9m€7.0m€8.8m€8.4m€6.0m€1.8m€2.1m▲ 17.0%
+ Depreciation and write-downs630€2.4m€2.6m€2.3m€2.1m€2.2m€2.9m€4.4m€5.4m▲ 22.2%
Operating cash flow (approximation)€6.1m€7.5m€9.4m€10.9m€10.6m€8.9m€6.2m€7.5m▲ 20.6%
Investment in fixed assets (approximation)--€2.3m-€10.7m-€3.6m-€6.2m-€13.3m-€9.7m-€8.5m▲ 12.1%
Change in cash-€1.0m€0.4m-€0.5m-€0.2m-€1.3m-€0.5m€1.3m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 64 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 02-07-2026 2026-00258373
31-12-2025 consolidated 02-07-2026 2026-00275491
31-12-2024 full format 24-06-2025 2025-00178289
31-12-2024 consolidated 24-06-2025 2025-00189064
31-12-2023 full format 24-06-2024 2024-00166919
31-12-2023 consolidated 24-06-2024 2024-00179967
31-12-2022 full format 04-07-2023 2023-00199274
31-12-2022 consolidated 04-07-2023 2023-00214589
31-12-2021 full format 21-06-2022 2022-20081984
31-12-2021 consolidated 21-06-2022 2022-20082469

Show all 64 filings

Similar companies · same sector, comparable size

Of the 497 active companies whose main activity is wholesale trade (NACE 46841), figures are known for 363. 42 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 8 entries · €78,403 awarded · €78,403 paid
Year Entries AwardedPaid
2025 3 €51,775€51,775
2024 3 €19,301€19,301
2023 1 €1,427€1,427
2022 1 €5,900€5,900
Schemes
2 entries · €32,814 · €32,814 paid · Departement Werk en Sociale Economie
2 entries · €23,160 · €23,160 paid · Departement Werk en Sociale Economie
4 entries · €22,429 · €22,429 paid · Departement Werk en Sociale Economie

Public contracts

20 awards · 2021 to 2026
Aankoopcentrale stad Hasselt - Raamovereenkomst voor het aankopen van diverse gereedschappen: Ijzerwaren, gereedschap en hun technische verbruiksartikelen
buyer: Stad HasseltConstruction structures and materialsawarded 11-06-2026€2,2631 tenderTED 407535-2026
Aankoopcentrale stad Hasselt - Raamovereenkomst voor het aankopen van diverse gereedschappen: Diverse tuingereedschappen en -materialen
buyer: Stad HasseltConstruction structures and materialsawarded 11-06-2026€3,5451 tenderTED 407535-2026
Raamovereenkomst - klein materiaal noodzakelijk bij interventies door diverse diensten en scholen van Stad en OCMW: Gebruiksmaterialen
buyer: Stad Dilsen-StokkemConstruction structures and materialsawarded 02-04-2026€03 tendersTED 233919-2026
Raamovereenkomst - klein materiaal noodzakelijk bij interventies door diverse diensten en scholen van Stad en OCMW: Hang -en sluitwerk
buyer: Stad Dilsen-StokkemConstruction structures and materialsawarded 02-04-2026€02 tendersTED 233919-2026
Dynamisch aankoopsysteem gericht op raamovereenkomst metaalwaren, bouwbeslag, bevestigingsmiddelen en bijhorende gereedschappen: 2025-390-BOW - 1
buyer: Koopkoepel vzwConstruction structures and materialsawarded 02-03-2026€1.9m1 tenderTED 258402-2026
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Raamovereenkomst voor klein technisch gereedschap, bouwbeslag en bevestigingsmateriaal: Klein technisch gereedschap en toebehoren
buyer: Stad GentConstruction structures and materialsawarded 25-02-2026€3,0714 tendersTED 141150-2026
Raamovereenkomst voor klein technisch gereedschap, bouwbeslag en bevestigingsmateriaal: Bouwbeslag
buyer: Stad GentConstruction structures and materialsawarded 25-02-2026€3061 tenderTED 141150-2026
Raamovereenkomst voor klein technisch gereedschap, bouwbeslag en bevestigingsmateriaal: Bevestigingsmateriaal
buyer: Stad GentConstruction structures and materialsawarded 25-02-2026€3112 tendersTED 141150-2026
Achat d'outillage à usage classique: 2025_EXTRA_59_CMP - 2 - Outillage à usage classique - Quincaillerie pour garage
buyer: Sint-GillisConstruction structures and materialspublished 16-02-2026€3,3501 tenderTED 108474-2026
raamovereenkomst ijzerwaren / deurbeslag: DWG Noord-West Limburg
buyer: Wonen in Limburg - Kantoor HasseltConstruction structures and materialsawarded 19-01-2026€177,0351 tenderTED 148654-2026
raamovereenkomst ijzerwaren / deurbeslag: DWG Oost Limburg
buyer: Wonen in Limburg - Kantoor HasseltConstruction structures and materialsawarded 19-01-2026€177,0351 tenderTED 148654-2026
raamovereenkomst ijzerwaren / deurbeslag: DWG Zuid Limburg
buyer: Wonen in Limburg - Kantoor HasseltConstruction structures and materialsawarded 19-01-2026€177,0351 tenderTED 148654-2026
raamovereenkomst ijzerwaren / deurbeslag: DWG Noord-West Limburg
buyer: Wonen in Limburg - Kantoor HasseltConstruction structures and materialsawarded 19-01-2026€177,0351 tenderTED 45937-2026
raamovereenkomst ijzerwaren / deurbeslag: DWG Oost Limburg
buyer: Wonen in Limburg - Kantoor HasseltConstruction structures and materialsawarded 19-01-2026€177,0351 tenderTED 45937-2026
raamovereenkomst ijzerwaren / deurbeslag: DWG Zuid Limburg
buyer: Wonen in Limburg - Kantoor HasseltConstruction structures and materialsawarded 19-01-2026€177,0351 tenderTED 45937-2026
Meerjarige open overeenkomst (2025 - 2028) voor de aankoop en de levering van ijzerwaren in het kader van het onderhoud van de militaire gebouwen voor Defensie-eenheden en RHDD.: 25IA462 - 1
buyer: Ministère de la DéfenseConstruction structures and materialsawarded 10-02-20251 tenderTED 526947-2025
Raamovereenkomst voor het leveren van sluitplannen, sloten, sleutels, cilinders en kluizen, inclusief projectondersteuning en interventies: Sluitplannen
buyer: Stad GentConstruction structures and materialsawarded 04-06-2024€129,1073 tendersTED 354455-2024
Marchandises pour les travaux d'aménagement d'un internat au bâtiment sis rue de la Rouge Croix 92 (3): Quincaillerie
buyer: Ville de MouscronConstruction structures and materialsawarded 24-05-2024€2512 tendersTED 342686-2024
Raamovereenkomst voor het leveren van elektrisch en perslucht aangedreven handgereedschap en toebehoren
buyer: Stad GentElectrical machinery and apparatusawarded 08-04-2024€03 tendersTED 291135-2024
Contrat ouvert pluriannuel (2021-2024) pour l'achat et la fourniture de quincaillerie dans le cadre de l'entretien des bâtiments militaires
buyer: MRMP-I/A Direction générale Material Resources — division «Marchés publics» — section «Infrastructure» — sous-section «Acquisition»Construction structures and materialsawarded 20-01-20211 tenderTED 41316-2021

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.