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LFB

Active Public limited companyfounded 2001active for 25 yearsKarel Rogierplein 11, 1210 Saint-Josse-ten-NoodeKBO/BCE: BE 0475.017.809 subsidiary of BELFIUS VERZEKERINGEN
LFB
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Overview

Lifetime

20 annual accounts with figures on one time axis, 25 filings since 2001
peak €1.3m (2025)
€1.3m 
lowest -€258,141 (2007)
€507,560▼ 7.0%
peak €7.0m (2025)
€7.0m▲ 7.9%
€8.2m▼ 0.6%
Board9 names since 2018
2 directorsAnne-Marie Baecke and 1 other
Owners11 names in the annual accountsall names
100%BELFIUS VERZEKERINGEN and 1 other
Documentsfilings and deeds
08-04-2026114 days before the deadline
2025financial year
Reappointment: Dirk Meyen (director) 30-06

Key points

from the 2025 annual accounts

Equity

€7.0m ▲ 7.9%

LFB has made a profit without a break since 2013.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

The last five annual accounts were filed 101 to 121 days before the end of the period.

Checked score

97
Excellent
Financially stronger than 77% of medium-sized companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 1,720 companies (NACE 68, medium-sized).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025highest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

71+2equity 45.8% of total assets
100=short-term debt 0.1% · cash 49.6%
64+18return on assets 3.3%

Score breakdown

lowers risk
Size: turnover €1.3m, total assets €15.2m
Liquidity: current ratio 431.23, cash €7.5m
Equity €7.0m (45.8% of total assets)
Figures for financial year 2025 (filed on 08-04-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized). It does better than 67% of them on solvency, 99% on liquidity, 72% on profitability and 69% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,887 companies had the same profile as LFB has now. Each dot stands for 5 companies, two years later.

97.9%
were still trading
2.0%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of LFB itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,887 companies, not a prediction for LFB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €120,000 on 30-day terms is acceptable

Short-term debt is 0.1% and cash 49.6% of total assets. 54.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: turnover €1.3m, total assets €15.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 431.23, cash €7.5m
NBB · annual accounts
lowers risk · Equity €7.0m (45.8% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 08-04-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-04-2026, 114 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
114 days early
2024
121 days early
2023
120 days early
2022
118 days early
2021
101 days early
2020
100 days early
2019
99 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 110 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AM
Anne-Marie Baecke
Director, since 19-02-2024
DM
Dirk Meyen
Director
SD
SRL DELOITTE Réviseurs d'Entreprises
Auditor, Vlaminckx Dirk
Board & ownership

Recent changes

New statutory auditor Deloitte Réviseurs d'Entreprises SRL appointed, KPMG Réviseurs d'Entreprises SRL resigned · General meeting of 07-04-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0475017809
Reappointment: Dirk Meyen (director) General meeting of 01-04-2025 · Gazette deed
Resignation: Philippe Van Den Bossche (director) Appointment: Anne-Marie Baecke (director) · General meeting of 19-02-2024 · Gazette deed
All 48 events

Comparable companies

same main activity, similar in size and age
Company
LFB Saint-Josse-ten-Noode €1.3m 80.4% 45.8% -
WOMBAT Brussels - - 12.9% -
SANOMIX Woluwe-Saint-Pierre - - 60.5% 0
NICOLAS ORTS Uccle - - 24.3% 1.7
AUSTRIAN HOUSE Brussels - - 87.7% 0
MRS BIOUL Ixelles €1.3m 57.1% 98.9% -
DRECOT Watermael-Boitsfort - - 50.4% -
-10%0%10%20%€2m€20m€200m€2bnLFBEBIT margin

Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as LFB: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €12m and €18m, founded between 1993 and 2003.

Official details

Source: KBO
Status
Active since 18-06-2001Normal situation
Registered office
63 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 8 November 2026.
Activity
Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
Establishment unit
2.094.511.6941210 Saint-Josse-ten-Noode, since 23-10-2001
Financial year end
31 December
Peppol
Reachable since 27-03-2026
Company details

Annual accounts 2025

€1.3m
€507,560▼ 7.0%
€7.0m▲ 7.9%
€15.2m▲ 3.1%
Filing
Filed on 08-04-2026, 114 days before the end of the filing period
Financials

Companies linked to LFB

Insights on LFB

LFB has existed since 2001. The present size dates from 2013. Turnover rose that year from €459,000 to €929,475.

BELFIUS VERZEKERINGEN holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 08-04-2026, 114 days before the deadline
€1.3m
€1.0m
▲ 3.2%
€1.2m
▲ 4.1%
€741,787
▼ 2.8%
45.8%
▲ 2.0 percentage points
-

Money flows

of every €100 of turnover, €40.60 remains as profit in 2025

Balance sheet

balance sheet total €15.2m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

Compare with sector

45.8%

Higher than 56% of 5,810 companies in 2025.

-

Higher than 95% of 4,187 companies in 2021.

3.3%

Higher than 70% of 5,784 companies in 2025.

LFB Middle half of the sector 80% of the sector Full accounts in real estate (NACE 68)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 15.2m14.7m14.2m13.7m13.3m13.1m12.8m12.4m12.2m12.0m11.7m11.5m11.3m11.2m6.9m2.3m1.4m1.4m1.3m338
21/28 7.6m7.9m8.1m8.3m8.6m8.8m9.0m9.3m9.5m9.7m10.0m10.2m10.4m10.9m6.9m2.3m1.4m1.4m1.3m-
22/27 7.6m7.9m8.1m8.3m8.6m8.8m9.0m9.3m9.5m9.7m10.0m10.2m10.4m10.9m6.9m2.3m1.4m1.4m1.3m-
22 -------------01.4m1.4m1.4m1.4m1.3m-
23 -------------0------
26 7.6m7.9m8.1m8.3m8.6m8.8m9.0m9.3m9.5m9.7m10.0m10.2m10.4m10.9m------
27 --------------5.4m854,1408,388---
29/58 7.6m6.9m6.1m5.3m4.8m4.3m3.8m3.2m2.7m2.2m1.7m1.3m844,228266,9799,42712,48271666716,782338
40/41 -----66,51865,576--7247241,12559,8523,98588-4224
40 -----66,51865,576-----58,7823,982------
41 ---------7247241,1251,070388-4224
50/53 -------------------314
54/58 7.5m6.8m6.0m5.3m4.8m4.2m3.7m3.2m2.7m2.2m1.7m1.3m784,334262,0973,236950375-16,320-
490/1 26,83643,90951,160--------64428976,18311,52434166344020
Balance sheet: equity and liabilities
10/49 15.2m14.7m14.2m13.7m13.3m13.1m12.8m12.4m12.2m12.0m11.7m11.5m11.3m11.2m6.9m2.3m1.4m1.4m1.3m338
10/15 7.0m6.5m5.9m5.4m5.1m4.8m4.5m4.2m4.0m3.8m3.5m3.2m3.0m2.8m-622,008-603,594-556,137-474,859-298,402-40,261
10/11 2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m224,160224,160224,160224,160224,160224,160
10 2.9m2.9m2.9m2.9m2.9m---------------
100 2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m224,160224,160224,160224,160224,160224,160
13 204,529179,151151,853127,254110,22394,49979,82366,05754,00344,04530,81418,3027,040-------
130/1 204,529179,151151,853127,254110,22394,499--------------
130 204,529179,151151,853127,254110,22394,49979,82366,05754,00344,04530,81418,3027,040-------
14 3.9m3.4m2.9m2.4m2.1m1.8m1.5m1.3m1.0m836,840585,461347,746133,762-29,339-846,168-827,754-780,297-699,019-522,562-264,421
17/49 8.2m8.3m8.3m8.3m8.3m8.3m8.3m8.2m8.2m8.2m8.2m8.2m8.3m8.3m7.5m2.9m2.0m1.9m1.6m40,599
17 8.0m8.0m8.0m8.0m8.0m8.0m8.0m8.0m8.0m8.0m8.0m8.0m8.0m8.0m5.6m2.0m----
170/4 8.0m8.0m8.0m8.0m8.0m8.0m8.0m8.0m8.0m8.0m8.0m8.0m8.0m8.0m5.6m2.0m----
173 --------------5.6m2.0m----
174 --------8.0m8.0m8.0m8.0m8.0m8.0m------
42/48 17,54264,23050,89848,45247,777114,297114,02037,66729,39113,5388,96419,91867,790138,9211.8m898,3252.0m1.9m1.6m40,430
43 ----------------1.8m1.9m1.5m-
430/8 ----------------1.8m1.8m1.5m-
439 -----------------47,82017,305-
44 4,011883,115853,10969,53068,51517,0896,4236,4238,96419,91867,790138,9211.2m382,8011,74322--
440/4 4,011883,115853,10969,53068,51517,0896,4236,4238,96419,91867,790138,9211.2m382,8011,74322--
45 13,53164,14247,78348,36744,66844,76745,50520,57822,9687,115----------
450/3 13,53164,14247,78348,36744,66844,76745,50520,57822,9687,115----------
47/48 --------------673,369515,524182,71741,44343,43140,430
492/3 213,384218,506220,681205,333210,734210,028205,333205,405208,165205,676205,752205,763205,344205,33791,5898,0781,810-935169
Income statement
70/76A --------1.1m1.1m1.0m1.0m988,274466,96598,32524,896----
70 1.3m-1.2m-1.1m1.1m1.1m1.1m1.0m1.0m976,530952,712929,475459,000------
72 --------------98,32524,896----
76A ----------127-10,371-----169-
9900 1.3m1.3m1.3m1.2m1.2m1.2m1.1m1.1m----------1,409-4,462-495
60/66A --------349,838347,878339,518340,968383,570192,12718,05315,78516,699---
60/61 11,348-11,745-11,98613,9297,25229,783---------1,4094,462495
61 --------46,22345,65844,73046,22283,60066,7178,7947,3128,687---
630 234,227217,037234,227234,227234,227234,227234,227233,231234,159234,800234,179234,237239,208116,488---71,704201,580-
631/4 -17,190------------------
640/8 80,74278,28475,23439,56967,01561,46765,57669,30769,45667,42060,60960,50960,7628,9229,2598,4748,0127,5713,258767
9901 1.0m973,435943,834915,958886,262856,697836,427788,602743,992719,617696,664671,196604,704274,83880,2729,110-16,699-80,684-209,300-1,262
75/76B 118,852202,098160,888--------2321,60614129678811730
75 118,852202,098160,888--------2321,60614129678811730
750 --------------0-----
751 -----------2321,60614129358---
752/9 -------------0-33----
65/66B 446,571447,578446,710461,795466,954465,336446,184446,927446,858447,893446,565446,182446,540304,19198,69657,53564,58695,78049,12787
65 446,571447,578446,710461,795466,954465,336446,184446,927446,858447,893446,565446,182446,540304,19198,69657,53564,58695,78049,12787
650 --------446,111447,334446,111446,111446,379303,31698,45650,37763,860---
652/9 --------747559454711618752417,158726---
9903 676,746727,955658,012454,163419,308391,361390,243341,675297,134271,724250,226225,246170,141-29,339-18,413-47,457-81,277-176,456-258,141-1,319
67/77 169,187181,989166,049113,541104,82797,840114,927100,57897,9687,114----1-11--
670/3 --------97,9687,114----1-1---
9904 507,560545,966491,963340,622314,481293,521275,316241,097199,166264,610250,226225,246170,141-29,339-18,413-47,457-81,278-176,457-258,141-1,319
9905 507,560545,966491,963340,622314,481293,521275,316241,097199,166264,610250,226225,246170,141-29,339-18,413-47,457-81,278-176,457-258,141-1,319
Appropriation of the result
9906 3.9m3.4m2.9m2.4m2.1m1.8m1.5m1.3m1.0m850,071597,972359,008140,802-875,507-846,168-827,754-780,297-699,019-522,562-264,421
14P 3.4m2.9m2.4m2.1m1.8m---------------
791/2 -------------846,168------
791 -------------846,168------
691/2 25,37827,29824,59817,03115,72414,67613,76612,0559,95813,23112,51111,2627,040-------
6920 25,37827,29824,59817,03115,72414,67613,76612,0559,95813,23112,51111,2627,040-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 08-04-2026.

Download as CSV

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 full format 08-04-2026 2026-00073805 PDF
31-12-2024 full format 01-04-2025 2025-00059799 PDF
31-12-2023 full format 02-04-2024 2024-00053926 PDF
31-12-2022 full format 04-04-2023 2023-00052843 PDF
31-12-2021 full format 21-04-2022 2022-20005288 PDF
31-12-2020 full format 22-04-2021 2021-11000093 PDF
31-12-2019 full format 23-04-2020 2020-09700469 PDF
31-12-2018 full format 11-04-2019 2019-10000219 PDF
31-12-2017 full format 23-04-2018 2018-10500154 PDF
31-12-2016 full format 24-04-2017 2017-10300476 PDF
31-12-2015 full format 25-04-2016 2016-10700435 PDF
31-12-2014 full format 20-04-2015 2015-10000458 PDF
31-12-2013 full format 29-04-2014 2014-11100326 PDF
31-12-2012 full format 27-06-2013 2013-23000454 PDF
31-12-2011 full format 07-06-2012 2012-15500541 PDF
31-12-2010 full format 20-06-2011 2011-18700430 PDF
31-12-2009 full format 07-07-2010 2010-28800407 PDF
31-12-2008 full format 16-07-2009 2009-43400400 PDF
31-12-2007 full format 30-07-2008 2008-52400149 PDF
31-12-2006 full format 07-11-2007 2007-79700383 PDF
31-12-2005 full format 24-08-2006 2006-66403849 PDF
31-12-2004 full format 22-11-2005 2005-86700829 PDF
31-12-2003 full format 04-08-2004 2004-58202368 PDF
31-12-2002 full format 24-07-2003 2003-50104383 PDF
31-12-2001 full format 26-07-2002 2002-42304693 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
1.2m1.2m1.2m1.2m1.1m1.1m1.1m1.0m978,151954,417930,843905,433843,912391,326----8,980-7,720-
741,787763,004726,190574,849548,708527,748509,543474,328433,325499,410484,405459,483409,34987,149----104,753-56,561-
0-17,190-00000100-2,7850104,5344.2m4.6m845,7528,388239,2461.5m-
707,050798,601692,824570,123549,412531,777520,248479,844452,391503,908476,691470,735522,237258,8612,286575----
7.5m6.8m6.0m5.3m4.7m4.2m3.6m3.1m2.7m2.2m1.7m1.2m776,438128,058-1.8m-885,843-2.0m-1.9m-1.6m-40,092
80.4%-79.3%-78.3%77.5%77.6%75.0%72.5%71.9%71.3%70.5%65.1%59.9%------
45.8%43.8%41.7%39.7%38.1%36.4%35.0%33.7%32.5%31.4%29.8%28.3%26.7%25.5%-9.1%-26.4%-38.9%-33.4%-23.5%-
----99.8337.5032.9284.1091.46--63.0712.451.920.010.010.000.000.01-
1.181.281.401.521.621.751.861.962.082.192.352.542.742.93------
7.3%8.5%8.3%6.3%6.2%6.2%6.2%5.7%5.0%7.0%7.2%6.9%5.6%-1.0%------
3.3%3.7%3.5%2.5%2.4%2.2%2.2%1.9%1.6%2.2%2.1%2.0%1.5%-0.3%-0.3%-2.1%-5.7%-12.4%-20.3%-
2.772.662.642.492.40---2.192.132.092.031.891.29------
-----22 days22 days--0 days0 days0 days23 days3 days------
129 days-97 days-95 days1822 days3448 days209 days51 days51 days73 days157 days296 days760 days48261 days19109 days73 days6 days--

A ratio outside any meaningful range has been withheld (balance sheet total €15.2m, equity €7.0m).

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.

Revenue breakdown

as filed

By activity 2017

  • Loyer €1,025,966100.0%

Source: 2017 accounts, page 11, filing 2018-10500154

All years (2012 to 2017)
By activity201220132014201520162017
Loyer€459,000€929,475€952,712€976,530€1,000,943€1,025,966

Insights on LFB

The operating result for 2025 is 3% higher than in 2024 and the highest since 2006. It is the 18th rise in a row, after the fall in 2007.

Debt's share of the balance-sheet total falls from 56.2% to 54.2%. Equity is higher and debt is lower.

Board & ownership

Board

2 directors, 1 auditor, last change in May 2026

Deed of 07-05-2026New statutory auditorDeloitte Réviseurs d'Entreprises SRL appointed, KPMG Réviseurs d'Entreprises SRL resigned · General meeting of 07-04-2026

Anne-Marie Baecke
Director
since 19-02-2024 4-year term from 2024
listed in the 2025 annual accounts, filed on 08-04-2026
Dirk Meyen
Director
current term since 01-04-2025 4-year term from 2025
listed in the 2025 annual accounts, filed on 08-04-2026
SRL DELOITTE Réviseurs d'Entreprises
Statutory auditor, permanent representative Vlaminckx Dirk
appointed by deed of 07-05-2026 3-year term from 2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Two directors jointly
deed of 05-08-2021

Office holders in the KBO →

Mandates through the years

9 names, the dashed line is today
Anne-Marie Baecke
Director
Dirk Meyen
Director
SRL DELOITTE Réviseurs d'Entreprises
Statutory auditor
KPMG Réviseurs d'Entreprises SRL
Statutory auditor
Philippe Van Den Bossche
Director
Christophe DEMAIN
Board
Scalais Cécile
Board
Timmermans Quentin
Director
Gunther Gielen
Director
BoardEarlierRest of the termmandate already running before its first mention
Mandates as a list
  • Anne-Marie Baecke
    • Board, from 03-04-2018 to 06-04-2021
    • Director, appointed by deed of 19-03-2024, still in office
  • Dirk Meyen
    • Director, appointed by deed of 30-06-2021, still in office
  • SRL DELOITTE Réviseurs d'Entreprises
    • Statutory auditor, appointed by deed of 07-05-2026, still in office
  • KPMG Réviseurs d'Entreprises SRL
    • Statutory auditor, from 07-04-2020 to 07-05-2026
  • Philippe Van Den Bossche
    • Director, appointed by deed of 30-06-2021, until 15-02-2024
  • Christophe DEMAIN
    • Board, from 03-04-2018 to 06-04-2021
  • Scalais Cécile
    • Board, from 03-04-2018 to 06-04-2021
  • Timmermans Quentin
    • Director, appointed by deed of 11-05-2020, until 06-04-2021
  • Gunther Gielen
    • Director, until 16-03-2020

See the board, name and registered office on a given date →

Control

Parent
BELFIUS VERZEKERINGEN
Source: own accounts 2025
100%
This company
LFB
Equity €7.0m
Profit €507,560 in 2025

Further up the chainBELFIUS BANK consolidatedFEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ 100%Belgische Staat 100%

Capital

Capital
€2,877,992.42
Shares
124,138
Contribution per share
€23.18
Equity per share
€56.14 in 2025
Source
deed of 05-08-2021

Owners through the years

as the annual accounts name them
BELFIUS VERZEKERINGEN
consolidates100%
100%
BELFIUS BANK
consolidates
consolidates
BELFIUS INSURANCE INVEST
0.01% until 2018
emeis Belgium
99%
99% until 2011
DOMAINE CHURCHILL
1%
1% until 2011
ORPEA SA FR
consolidates until 2011
COMPAGNIE BELGE D'INVESTISSEMENT COMMERCIAL
37.5%
37.5% until 2008
IMMOBILIERE DE WATERLOO BOULEVARD
25%
25% until 2008
GROUPE GH
12.5%
12.5% until 2008
IMMOBILIERE LES SORBIERS
12.5%
12.5% until 2008
SOCIETE DE DEVELOPPEMENT RESIDENTIEL ET COMMERCIAL
12.5%
12.5% until 2008
Owners as a list

Source: shareholder structure in its own accounts, parent in its own accounts, lists of holdings in the owners' accounts

Articles of association

deed of 05-08-2021 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
“6 ans”
“Lieu indiqué dans les convocations, chaque fois que l'intérêt l'exige ou à la demande de deux administrateurs,sur convocation et sous la…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of April at 11:30

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 05-08-2021 ↗
Capital over time
  1. 05-08-2021 Capital stated in the deed · €2,877,992.42 · 124,138 shares

Network & group

Part of the group BELFIUS BANK Group, risk and exposure

Parent

BELFIUS VERZEKERINGEN
0405.764.064 · 100% of the shares

At the same address

Karel Rogierplein 11, 1210 Saint-Josse-ten-Noode · 62 other companies
MERCURIUS FUNDING
registered office since 23-12-2011 · founded in 2011 · group BELFIUS BANK
 total assets €8.18bn (2025)
0842.094.414
BELFIUS LEASE SERVICES
registered office since 08-02-1990 · founded in 1985 · group BELFIUS BANK
 turnover €353.9m (2025)
0427.903.127
BELFIUS COMMERCIAL FINANCE
registered office since 02-07-1992 · founded in 1990 · group BELFIUS BANK
 turnover €57.9m (2025)
0440.627.349
BELFIUS LEASE
registered office since 02-10-2002 · founded in 1987 · group BELFIUS BANK
 turnover €106.3m (2025)
0431.916.551
Belfius Asset Management
registered office since 20-05-2016 · founded in 2016
 total assets €201.1m (2025)
0654.876.296
BELFIUS IMMO
registered office since 06-01-1989 · founded in 1988 · group BELFIUS BANK
 total assets €147.2m (2025)
0436.006.090
CAPLINE
registered office since 01-04-1974 · founded in 1974 · group BELFIUS BANK
 total assets €118.4m (2025)
0414.259.878
BELFIUS ASSET FINANCE HOLDING
registered office since 30-11-2007 · founded in 2007 · group BELFIUS BANK
 total assets €112.1m (2026)
0893.860.839
Chancelier RE Invest
registered office since 17-12-2020 · founded in 2020 · group BELFIUS BANK
 total assets €98.9m (2025)
0759.929.870
CREFIUS
registered office since 14-09-1973 · founded in 1911 · group BELFIUS BANK
 197 FTE (2025)
0405.549.377
and 52 more

Connections & network

2 current directors
Depth

The network starts from the directors of LFB. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

48 events since 2001

Deadline for the 2026 accounts: 31-07-2027

2026
New statutory auditorDeloitte Réviseurs d'Entreprises SRL appointed, KPMG Réviseurs d'Entreprises SRL resigned · General meeting of 07-04-20263 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed PDFfull format · 114 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0475017809
2025
Liquidity quadruples current ratio 431.23 The current ratio rises from 107.03 to 431.23. Short-term debt falls from €64,230 to €17,542.
Reappointment: Dirk Meyen (director)General meeting of 01-04-20252 points ▸
  • General meeting, 01-04-2025
  • Director reappointment, Dirk Meyen

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFfull format · 121 days before the deadline
2024
Highest result from 2006 to 2025 net €545,966 ▲11% The net result of €545,966 is the highest of those years.
Annual accounts 2023 filed PDFfull format · 120 days before the deadline
Resignation: Philippe Van Den Bossche (director)Appointment: Anne-Marie Baecke (director) · General meeting of 19-02-20243 points ▸

Open the deed in the Belgian Official Gazette

2023
Reappointment: KPMG Réviseurs d'Entreprises SRL (statutory auditor)General meeting of 04-04-20232 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFfull format · 118 days before the deadline
2022
Annual accounts 2021 filed PDFfull format · 101 days before the deadline
2021
Liquidity more than doubled current ratio 99.83 The current ratio rises from 37.50 to 99.83. Short-term debt falls from €114,297 to €47,777.
Equity above €5m equity €5.1m ▲6.6% After 9 profitable years in a row, equity reaches €5.1m.
Resignations & appointmentsDirector in office: Van Den Bossche Philippe · Director in office: Meyen Dirk · The company holds all the shares of LFB1 point ▸
  • The company holds all the shares of LFB

Open the deed in the Belgian Official Gazette

Amendment of the articlesBELFIUS INSURANCE is a shareholder · General meeting of 27-07-20214 points ▸
  • General meeting, 27-07-2021
  • BELFIUS INSURANCE is a shareholder
  • Capital, €2,877,992.42, 124,138 shares
  • Registered office clause, Place Charles Rogier 11, 1210 Bruxelles (Saint-Josse-ten-Noode)
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2 directors appointed, 4 resignationsResignations: Baecke Anne-Marie, Scalais Cécile, Demain Christophe and Timmermans Quentin · Appointments: Meyen Dirk and Van Den Bossche Philippe · General meeting of 06-04-20217 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFfull format · 100 days before the deadline
2020
1 director appointed, 1 statutory auditor appointed, 1 resignation, 1 resignationAppointments: Timmermans Quentin and KPMG Réviseurs d'entreprise SCRL (statutory auditor) · Resignations: Gielen Gunther and Deloitte Réviseurs d'entreprise SCRL (statutory auditor) · General meeting of 07-04-20206 points ▸
  • Board meeting, 16-03-2020
  • Director appointment, Timmermans Quentin, mentioned 3 times in the deed
  • General meeting, 07-04-2020
  • Director resignation, Gielen Gunther
  • Auditor resignation, Deloitte Réviseurs d'entreprise SCRL (statutory auditor)
  • Auditor appointment, KPMG Réviseurs d'entreprise SCRL (statutory auditor)

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFfull format · 99 days before the deadline
2019
Permanent representative: Franky Wevers1 point ▸
  • Permanent representative, Franky Wevers

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFfull format · 111 days before the deadline
2018
Annual accounts 2017 filed PDFfull format · 99 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · 98 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 97 days before the deadline
2015
Liquidity more than triples current ratio 193.27 The current ratio rises from 63.07 to 193.27. Short-term debt falls from €19,918 to €8,964.
Annual accounts 2014 filed PDFfull format · 102 days before the deadline
2014
Liquidity more than 5 times current ratio 63.07 The current ratio rises from 12.45 to 63.07. Short-term debt falls from €67,790 to €19,918.
Annual accounts 2013 filed PDFfull format · 93 days before the deadline
2013
Back to profit net €170,141 The net result is €170,141, after 7 loss-making years.
Liquidity more than 6 times current ratio 12.45 The current ratio rises from 1.92 to 12.45. Short-term debt falls from €138,921 to €67,790.
Annual accounts 2012 filed PDFfull format · 34 days before the deadline
2012
Liquidity more than 374 times current ratio 1.92 The current ratio rises from 0.01 to 1.92. Short-term debt falls from €1.8m to €138,921.
Equity above €2m equity €2.8m Equity rises from -€622,008 to €2.8m.
Annual accounts 2011 filed PDFfull format · 54 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 41 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 24 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 15 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 1 day before the deadline
2007
Weakest financial year net -€258,141 The net result drops to -€258,141, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2006 filed PDFfull format · 99 days late
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
First establishment Karel Rogierplein 11, Saint-Josse-ten-Noode
Incorporation published on 28-06-2001

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

LFB was incorporated on 18 June 2001.1 Turnover grew from €1.1m in 2018 to €1.3m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0475.017.809
VAT number
BE 0475.017.809
Peppol ID
0208:0475017809
Legal form
Public limited company
Status
Active, normal situation
Founded
18-06-2001
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of April at 11:30
deed of 05-08-2021 (in French)
Peppol
Reachable since 27-03-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
LFB in French
Name in the Peppol Directory
IMMO LFB
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 05-08-2021 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale”
deed of 05-08-2021 (in French)

Activities

NACEBEL 2025
68201 Renting and operating of own or leased residential real estate, excluding social housing main activity
Codes under NACEBEL 2008
68201 Real estate activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“1.La gestion des investissements et des participations dans des sociétés-filles,l'exercice de fonctions d'administration,la fourniture de…”
5 activities
  1. 1.La gestion des investissements et des participations dans des sociétés-filles,l'exercice de fonctions d'administration,la fourniture de conseils,management et autres services,de même nature que les activités de la société.Ces services peuvent être fournis sur une base contractuelle ou statutaire et en la qualité de conseiller externe ou d'organe.
  2. 2.Accorder des prêts et avances sous quelque forme ou quelle durée que ce soit,à toutes les entreprises liées ou entreprises dans lesquelles elle possède une participation,ainsi que garantir tous les engagements des mêmes entreprises.
  3. 3.La prise de participations dans des investissements immeubles,toute activité relative à des biens immeubles bâtis ou non bâtis,ainsi que toutes opérations quelconques en matière de droit immobiliers et plus particulièrement:l'acquisition par l'achat ou autrement,la vente,l'échange,l'amélioration,l'équipement,l'aménagement,la location-financement de biens immeubles.
  4. 4.La prise de participations dans toutes sociétés,entreprises et opérations mobilières ou immobilières,commerciales,civiles ou financières,gérer ces participations et les financer.
  5. 5.La gestion pour son compte propre d'un portefeuille d'actions.
deed of 05-08-2021 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Karel Rogierplein 11 registered office 1210 Saint-Josse-ten-Noode 64210 Activities of holding companies 23-10-2001 2.094.511.694

Buildings and parcels at the address

Ground area
3,343 m²
Buildings
3,343 m²
Volume, LiDAR
268,011 m³
Tallest building
144.7 m
Buildings to scale, each on its own parcel
3,343 m², 144.7 m 3,343 m², 144.7 m

Location

registered office establishment The establishment unit on the map
63 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21014A0014/02L0023,343 m² 1 · 3,343 m² 144.7 m · 28

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