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LHOST

Active Private limited companyfounded 1997active for 28 yearsRue des Saules 77, 7080 FrameriesKBO/BCE: BE 0462.068.705 subsidiary of M&K Management

Overview

Lifetime

20 annual accounts with figures on one time axis, 28 filings since 1998
peak €162,118 (2023)
€130,381▼ 3.3%
lowest -€53,092 (2006)
€39,795▼ 30.3%
peak €132,682 (2020)
€103,470▼ 16.3%
€175,517▲ 2.8%
peak 0.3 FTE (2015)
-not published
Board3 names since 2019
1 directorM&K MANAGEMENT
Owners
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Result from €57,062 to €39,795Dividend €60,000Equity from €123,674 to €103,470Cash from €17,985 to €31,143

Key points

from the 2025 annual accounts

Equity

€103,470 ▼ 16.3%
123,6742024+39,795Profit-60,000Dividend103,4702025

LHOST paid out €60,000 in dividends. That is 151% of the 2025 profit.

Staff

2 employees on 31-12-2025
112024102025

In 2025, 1 person joined and nobody left.

Filings

28 annual accounts since 1998
AprilJune31 JulyOctober200020102020

Eight of the last ten came late. The 2020 accounts came latest: 90 days after the end of the period.

Checked score

83
Excellent
Financially stronger than 46% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025 09-2025: 1.2%▲ +0.2 percentage points vs 08-2025 10-2025: 1.7%▲ +0.5 percentage points vs 09-2025highest value 11-2025: 0.7%▼ -1.0 percentage point vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.6%▼ -0.1 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.5 percentage points vs 07-2026 09-2026: 0.4%▼ -0.8 percentage points vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value

Financial strength
Strong

62-5equity 36.9% of total assets
31-1short-term debt 62.7% · cash 11.1%
87-6return on assets 14.2%

Score breakdown

raises risk
Last filed accounts filed 28 days late; 1 of the last 3 accounts late
Sector: Retail trade (NACE 47)
lowers risk
Founded in 1997
Liquidity: current ratio 1.19, cash €31,143
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 47, micro). It does better than 52% of them on solvency, 28% on liquidity, 81% on profitability and 22% on growth.

The bankruptcy probability was computed on 09-11-2026 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, 31,368 companies had the same profile as LHOST has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of LHOST itself: 0.4% 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 31,368 companies, not a prediction for LHOST. 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 €8,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.19 (1.43 in 2024), below the usual 1.5. Short-term debt is 62.7% and cash 11.1% of total assets. 63.1% 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

Five signals.
lowers riskraises risk
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 28 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Liquidity: current ratio 1.19, cash €31,143
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
60 days late
2023
29 days late
2022
31 days late
2021
22 days late
2020
90 days late
2019
69 days late
← 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 47 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 30 August (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
10-11-2026 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

MM
Director, Metin BASLARLI
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0462068705
Company renamed to LHOST New name: LHOST · Change of role: M&K MANAGEMENT, from manager to director · Permanent representative: Metin BASLARLI · Gazette deed
New manager SPRLM&KManagement appointed, PrestaJohane resigned · Permanent representative: BASLARLI Metin · General meeting of 01-03-2019 · Gazette deed
First establishment Rue des Saules 77, Frameries
All 38 events

Comparable companies

same main activity, similar in size and age
Company
LHOST Frameries €280,069 €130,381 36.9% -
S.M.T.B. Hensies €307,859 €153,415 53.4% -
Ets PIERRE SMULDERS Sint-Pieters-Leeuw €253,997 €140,375 0.4% -
VAN CLAPDORP VERWARMING Sint-Niklaas €302,131 €142,152 42.8% -
CHARDON AND CO Aiseau-Presles €419,163 €138,503 71.5% -
CORPUS HEALTH & BEAUTY Kaprijke €275,426 €126,845 -105.7% -
INFORGIX SPRL Limbourg €386,010 €103,325 12.6% -

These companies have the same main activity as LHOST: retail sale of solid, liquid and gaseous fuels, excluding motor fuels (NACE 47781). They are comparable in size and age: total assets between €254,000 and €419,000, founded between 1994 and 2003.

Official details

Source: KBO
Status
Active since 09-12-1997Normal situation
Activity
Retail sale of solid, liquid and gaseous fuels, excluding motor fuelsNACE 47781and 2 others
Establishment unit
2.084.775.1717080 Frameries, since 02-01-1998
Financial year end
31 December
Peppol
Reachable since 08-01-2026
Company details

Annual accounts 2025

€130,381▼ 3.3%
≈ €390,000estimated
€39,795▼ 30.3%
€103,470▼ 16.3%
€280,069▼ 5.3%
Employeeson 31-12-2025
2▲ 100%
Filing
Filed on 28-08-2026
Financials

Insights on LHOST

LHOST files the micro format. That format states no turnover. The gross margin rose from €8,341 in 2006 to €130,381 in 2025.

M&K Management holds all the shares.

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

Financials

Annual accounts 2025

micro format, filed on 28-08-2026, 28 days late
€130,381
▼ 3.3%
€61,368
▼ 22.1%
€39,795
▼ 30.3%
€33,420
▼ 48.4%
36.9%
▼ 4.9 percentage points
1.19
▼ 0.24

The turnover shown is an estimate from the gross margin.

Turnover ≈ €390,000. Estimated: probably between €280,000 and €740,000.

Amounts without an identifiable currency are taken as euros.

Balance sheet

balance sheet total €280,069 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

36.9%

Higher than 53% of 22,924 companies in 2025.

1.19

Higher than 40% of 22,052 companies in 2025.

14.2%

Higher than 77% of 22,202 companies in 2025.

LHOST Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

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

Staff

€34,505

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2025, 1 person joined and nobody left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 280,069295,873334,559259,354355,772280,186299,462230,833239,856153,530124,100105,37783,60099,497105,315109,535119,034130,051145,517156,299
21/28 71,13281,14692,199100,747105,69394,92991,60868,66872,30276,08485,63374,59382,38590,29798,240106,184114,487122,997132,244145,074
22/27 71,13281,14692,199100,747105,69394,92991,60868,66872,30276,08485,63374,59382,38590,29798,240106,184114,487122,997132,244145,015
22 32,58834,97337,35839,74342,12844,51346,89849,28251,66754,05256,43758,82261,20763,59265,97768,36270,74773,13275,51777,903
23 37,99445,22754,84161,00563,56549,96443,68917,55320,15121,40628,27415,77121,17826,70532,26337,82243,68049,74556,51166,783
24 550946---4521,0211,832484625923-----60120216329
28 -------------------59
29/58 208,937214,727242,360158,607250,079185,257207,854162,165167,55477,44638,46630,7841,2159,2007,0753,3514,5477,05413,27311,225
3 118,282136,325142,350147,27683,43179,30294,61759,60247,92539,06221,97816,835-265462462796796796850
30/36 118,282136,325142,350147,27683,43179,30294,61759,60247,92539,06221,97816,835-265462462796796796850
40/41 59,19860,26987,7169,339155,13062,91057,28915,46459,6196,0025,6885,4248151,7141,7711,8201,9191,7101,3503,715
40 17053735998720410014,7231,2036,611245,0241,9564834575155576634479030
41 59,02859,73287,3578,351154,92662,81042,56614,26253,0085,9776643,4693321,2571,2561,2631,2561,2631,2603,685
54/58 31,14317,98512,2941,99211,26042,82154,76786,41259,49431,70410,1788,1943997,2204,7061,0641,8244,54010,7006,356
490/1 314148--2582251,18268751667962233111136588427304
Balance sheet: equity and liabilities
10/49 280,069295,873334,559259,354355,772280,186299,462230,833239,856153,530124,100105,37783,60099,497105,315109,535119,034130,051145,517156,299
10/15 103,470123,67490,61295,75535,776132,68281,16461,25121,18821,265-40,471-42,821-35,217-42,232-65,739-87,157-104,564-119,426-128,491-131,311
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
13 4,2595,0765,8936,7107,528108,34549,2151,8861,8861,886----------
130/1 1,8601,8601,8601,8601,8601,860--------------
130 ------1,8601,8601,8601,860----------
1311 1,8601,8601,8601,8601,8601,860--------------
132 2,3993,2164,0334,8505,6686,4857,355262626----------
133 -----100,00040,000-------------
14 80,61199,99966,11970,4449,6485,73813,34940,764702779-59,071-61,421-53,817-60,832-84,339-105,757-123,164-138,026-147,091-149,911
16 1,0831,4261,7702,1132,4562,7993,090-------------
168 1,0831,4261,7702,1132,4562,7993,090-------------
17/49 175,517170,772242,177161,486317,539144,704215,208169,582218,668132,265164,570148,197118,817141,729171,054196,692223,598249,477274,008287,610
17 --99812,63623,68034,16044,10653,54462,50070,99979,06571,14289,424101,220123,903145,429165,856185,241203,636221,528
170/4 --99812,63623,68034,16044,10653,54462,50070,99979,06571,14289,424101,220123,903145,429165,856185,241203,636221,528
42/48 175,517149,924241,120148,851293,859110,544171,102116,038156,16761,26685,50674,65428,90739,93846,48450,49456,88963,30769,07563,071
42 -10,47721,40520,71820,10116,77510,2438,9558,4988,0657,65424,21817,57824,52123,26922,08120,95519,88519,30618,561
43 8,811----------2,9431,437-------
430/8 8,811----------2,9431,437-------
44 44,46949,81270,28580,76183,56536,72658,96533,58053,80828,94244,98410,694691865747649897,1408,25524,316
440/4 44,46949,81270,28580,76183,56536,72658,96533,58053,80828,94244,98410,694691865747649897,1408,25524,316
45 15,8598,22225,6369,7902,61125,31543,59841,44851,44420,2945,67735265325335283684551483501
450/3 5,8415,16816,7661,8232,61125,31542,85236,84846,84417,0943,677352653253352836845514831
454/9 10,0183,0548,8707,967--7464,6004,6003,2002,000--------500
47/48 106,37881,412123,79437,582187,58231,72858,29532,05642,4173,96527,19236,7638,93615,00622,30627,36634,26135,73141,03119,693
492/3 -20,84959--------2,4014865716677698539291,2973,011
Income statement
76A -3037,9292--11,826-------------
9900 130,381134,898162,118128,55195,05792,076114,059120,900104,875100,78628,37214,19138,51545,59744,37343,94540,55339,46039,0388,341
62 44,85734,72830,76128,400306977887186163711,870--------1,258
630 11,21413,43513,93313,53012,76310,85810,0806,17810,62210,21210,0797,7927,9127,9437,9448,3038,5109,24712,77113,227
631/4 ------------10,432-950-----1,147
640/8 12,9437,98316,5678,1248,3528,22813,0557,6907,5297,6148,8546,7546,8947,8076,5378,7516,0755,7496,0818,224
66A --01,722--3,015------------18,043
9901 61,36878,752100,85776,77473,63672,01487,022106,84686,56282,8887,569-35513,27730,79729,89226,89125,96824,46420,186-15,515
75/76B 2232--11741,6601,899401375569193146
75 2232--11741,6601,899401375569193146
65/66B 2,5582,0492,9593,1443,4383,7235,3814,4354,6095,5705,2207,2616,2697,2958,4799,49011,11515,41817,39719,580
65 2,5582,0492,9593,1443,4383,7235,3814,4354,6095,5705,2207,2616,2697,2958,4799,49011,11515,41817,39719,580
9903 58,83176,70697,90073,63070,19868,40881,645104,07183,85277,3222,350-7,6047,01523,50721,41817,40714,8629,0652,820-53,092
780 3433433431,1611,161---------------
67/77 19,37919,98730,16113,99517,44817,18019,74723,07228,92915,586----------
9904 39,79557,06268,08260,79653,91152,38958,80981,00054,92361,7362,350-7,6047,01523,50721,41817,40714,8629,0652,820-53,092
789 817817817---844-------------
689 ------8,172--26----------
9905 40,61257,88068,89960,79653,91152,38951,48081,00054,92361,7092,350-7,6047,01523,50721,41817,40714,8629,0652,820-53,092
Appropriation of the result
9906 140,611123,999139,34470,44459,64865,73892,24481,70155,7022,639-59,071-61,421-53,817-60,832-84,339-105,757-123,164-138,026-147,091-149,911
14P 99,99966,11970,4449,6485,738---------------
791/2 ----100,000---------------
691/2 -----60,00040,000--1,860----------
6920 ---------1,860----------
6921 -----60,00040,000-------------
694/7 60,00024,00073,225-150,000-38,89540,93755,000-----------
694 60,00024,00073,225-150,000-31,64540,93755,000-----------
695 ------7,250-------------
Social balance sheet
9087 1.31.111--0.1---0.3--------0.1
Hours worked1013 2,3411,9821,7681,718--64---206---------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 8 older financial years (1998-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 5 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 28-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00480423.

Financial year Type Filed Reference Document
31-12-2025 micro format 28-08-2026 2026-00480423 PDF
31-12-2024 micro format 29-09-2025 2025-00526872 PDF
31-12-2023 full format 29-08-2024 2024-00413749 PDF
31-12-2022 micro format 31-08-2023 2023-00396385 PDF
31-12-2021 full format 22-08-2022 2022-20307652 PDF
31-12-2020 micro format 29-10-2021 2021-74800077 PDF
31-12-2019 micro format 08-10-2020 2020-59900567 PDF
31-12-2018 micro format 18-07-2019 2019-34600276 PDF
31-12-2017 micro format 31-07-2018 2018-43200363 PDF
31-12-2016 micro format 29-08-2017 2017-58800482 PDF
31-12-2015 full format 31-08-2016 2016-58700148 PDF
31-12-2014 full format 31-08-2015 2015-57900071 PDF
31-12-2013 full format 31-12-2014 2014-71100549 PDF
31-12-2012 full format 30-07-2013 2013-38000147 PDF
31-12-2011 full format 18-07-2012 2012-31900469 PDF
31-12-2010 full format 29-07-2011 2011-36200318 PDF
31-12-2009 full format 19-07-2010 2010-32300044 PDF
31-12-2008 full format 26-06-2009 2009-30600369 PDF
31-12-2007 full format 04-07-2008 2008-35500228 PDF
31-12-2006 full format 31-08-2007 2007-70400148 PDF
31-12-2005 full format 28-07-2006 2006-56602106 PDF
31-12-2004 full format 14-07-2005 2005-48602733 PDF
31-12-2003 full format 09-07-2004 2004-43401178 PDF
31-12-2002 full format 25-07-2003 2003-50400331 PDF
31-12-2001 full format 11-07-2002 2002-36801860 PDF
31-12-2000 full format 19-07-2001 2001-40302561 PDF
31-12-1999 full format 14-07-2000 2000-42003619 PDF
31-12-1998 full format 15-07-1999 1999-34003261 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
72,58192,187114,79090,30486,39982,87297,102113,02497,18493,10017,6487,43721,18938,74037,83635,19434,47833,71132,957-2,288
51,00970,49782,01574,32666,67463,24668,88987,17865,54571,94812,42918814,92731,45029,36225,71023,37218,31215,591-39,865
1,2002,38218,5908,58523,52714,17933,0202,5456,84066221,120-0000000-59299
13,1585,69110,302-9,268-31,560-11,946-31,64526,91727,79021,5261,9847,795-6,8212,5143,642-760-2,716-6,1604,344-
33,42064,8041,2409,756-43,78174,71336,75246,12711,38716,181-47,040-43,869-27,692-30,738-39,409-47,143-52,342-56,253-55,802-51,846
36.9%41.8%27.1%36.9%10.1%47.4%27.1%26.5%8.8%13.9%-32.6%-40.6%-42.1%-42.4%-62.4%-79.6%-87.8%-91.8%-88.3%-84.0%
1.191.431.011.070.851.681.211.401.071.260.450.410.040.230.150.070.080.110.190.18
0.520.520.410.080.570.960.660.880.770.630.190.190.040.220.140.060.070.100.180.16
1.701.382.671.698.881.092.652.7710.326.22----------
38.5%46.1%75.1%63.5%150.7%39.5%72.5%132.2%259.2%290.3%----------
14.2%19.3%20.3%23.4%15.2%18.7%19.6%35.1%22.9%40.2%1.9%-7.2%8.4%23.6%20.3%15.9%12.5%7.0%1.9%-34.0%
28.3744.9938.8028.7225.13---------------

EBIT margin: not included in this filing.

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

Item31-12-202531-12-202431-12-202331-12-2022
Employees at the balance-sheet date2111
full-time1111
part-time1---
in full-time equivalents1.3111
1.31.111
On a permanent contract1-11
Joined11--
Left01--

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€1,200€2,382€18,590€8,585€23,527
€11,214€13,435€13,933€13,530€12,763

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on LHOST

The operating result for 2025 is 22% lower than in 2024 and the lowest since 2015. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 57.7% to 62.7%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, last change in 2024
Director (not named in the articles), permanent representative Metin BASLARLI
appointed by deed of 24-01-2024 term without a fixed end
earlier manager, until 24-01-2024
listed in the 2025 annual accounts, filed on 28-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 14. Pouvoir de représentation Chaque administrateur représente la société à l'égard des tiers et en justice, soit en demandant, soit…”
deed of 24-01-2024
Permanent representatives 1
Metin BASLARLI
Permanent representative, for M&K MANAGEMENT
appointed by deed of 24-01-2024

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
M&K MANAGEMENT
Director (not named in the articles)
SPRLM&KManagement
Manager
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • M&K MANAGEMENT
    • Director (not named in the articles), from 13-03-2019 to date
    • Manager, until 24-01-2024
  • PrestaJohane
    • Manager, until 25-03-2019
  • SPRLM&KManagement
    • Manager, appointed by deed of 25-03-2019, no longer listed in the 2025 annual accounts

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

Control

Parent
Equity €315,494
Profit €27,637 in 2025 (profit €89,832 in 2024)
Checked score 90
100%
This company
LHOST
Equity €103,470
Profit €39,795 in 2025

Capital

Contribution
€18,600
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 24-01-2024 (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 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of June at 18:00

Network & group

Group

M&K Management has 1 direct subsidiary (2025 accounts), the bar shows equity in euros
ParentM&K Management1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

  • BE LHOST €103,470 result €39,795

Source: list of holdings in the 2025 accounts of M&K Management. Every holding stands with its own latest accounts.

At the same address

Rue des Saules 77, 7080 Frameries · 1 other company
Baiardo, Giovanni (sole trader)
establishment since 01-01-2006
founded in 2006
0878.862.758

Connections & network

1 current director
Depth

The network starts from the directors of LHOST. 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

38 events since 1997

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 28 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0462068705
2025
Annual accounts 2024 filed PDFmicro format · 60 days late
2024
Annual accounts 2023 filed PDFfull format · 29 days late
Company renamed to LHOSTNew name: LHOST · Change of role: M&K MANAGEMENT, from manager to director · Permanent representative: Metin BASLARLI7 points ▸
  • Director resignation, M&K MANAGEMENT (manager)
  • Director appointment, M&K MANAGEMENT (director (not named in the articles))
  • Permanent representative, Metin BASLARLI
  • Registered office clause, Rue des Saules 77, 7080 Frameries
  • Name change, LHOST
  • Purpose change, “L'exploitation d'une station services et donc,le commerce en gros et en détail de produits pétroliers;tenue de station « d'essence »;exploitation d'un magasin…” (deed in French)
  • 750 shares
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFmicro format · 31 days late
2022
Annual accounts 2021 filed PDFfull format · 22 days late
2021
Annual accounts 2020 filed PDFmicro format · 90 days late
2020
Equity above €100,000 equity €132,682 ▲63.5% After 6 profitable years in a row, equity reaches €132,682.
Annual accounts 2019 filed PDFmicro format · 69 days late
2019
Annual accounts 2018 filed PDFmicro format · 13 days before the deadline
New managerSPRLM&KManagement appointed, PrestaJohane resigned · Permanent representative: BASLARLI Metin · General meeting of 01-03-20194 points ▸
  • Director resignation, PrestaJohane (manager)
  • Director appointment, SPRLM&KManagement (manager)
  • Permanent representative, BASLARLI Metin
  • General meeting, 01-03-2019

Open the deed in the Belgian Official Gazette

2018
Highest result from 2006 to 2025 net €81,000 ▲47.5% The operating result of €106,846 and the net result of €81,000 are both a record.
Annual accounts 2017 filed PDFmicro format · on the deadline day
2017
Annual accounts 2016 filed PDFmicro format · 29 days late
2016
Liquidity more than doubled current ratio 1.26 The current ratio rises from 0.45 to 1.26. Short-term debt falls from €85,506 to €61,266.
Annual accounts 2015 filed PDFfull format · 31 days late
2015
Back to profit net €2,350 The net result is €2,350, after one loss-making year.
Annual accounts 2014 filed PDFfull format · 31 days late
2014
Annual accounts 2013 filed PDFfull format · 153 days late
2013
Annual accounts 2012 filed PDFfull format · 1 day before the deadline
2012
Annual accounts 2011 filed PDFfull format · 13 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 2 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 12 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 35 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 27 days before the deadline
2007
Back to profit net €2,820 The net result is €2,820, after one loss-making year.
Annual accounts 2006 filed PDFfull format · 31 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
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
First establishment Rue des Saules 77, Frameries
1997
Incorporation published on 18-12-1997

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

On 9 December 1997, LHOST was incorporated.1 The name was changed to LHOST in 2024.2 Total assets went from €230,833 in 2018 to €280,069 in 2025 and headcount from 0.1 full-time equivalents in 2019 to 1.3 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-01-2024
  3. 3National Bank, annual accounts 2018, 2019 and 2025

Company details

Identity

Enterprise number
0462.068.705
VAT number
BE 0462.068.705
Peppol ID
0208:0462068705
Other Peppol ID
9925:BE0462068705
Legal form
Private limited company
Status
Active, normal situation
Founded
09-12-1997
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of June at 18:00
deed of 24-01-2024 (in French)
Peppol
Reachable since 08-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
LHOST in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 24-01-2024 (in French)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
47300 Retail sale of automotive fuel main activity
Codes under NACEBEL 2008
VAT activities
47781 Retail trade main activity
46190 Wholesale trade
Social security (RSZ) activities
47300 Retail trade main activity
Codes under NACEBEL 2003
51190 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“L'exploitation d'une station services et donc,le commerce en gros et en détail de produits pétroliers;tenue de station « d'essence…”
8 activities
  1. L'exploitation d'une station services et donc,le commerce en gros et en détail de produits pétroliers;tenue de station « d'essence »;exploitation d'un magasin de denrées alimentaires,drink,d'accessoires pour véhicules automobiles,d'un débit de tabac;exploitation d'un garage,atelier mécanique,vente et montage de pneus.Vente de produits combustibles comme Pellets et charbon,charbon de bois,bois de chauffage.Vente de voitures d’occasion et/ou de voitures neuves.
  2. Boulangerie,pâtisserie,petit snack.
  3. Papeterie,presse,paris sportif,vente de billets de Loto,jeux à gratter et autres.
  4. Vente de fleurs,fruits et légumes.
  5. L'exploitation d'un car Wash.
  6. La gestion des entreprises.
  7. La gestion d'un patrimoine immobilier,principalement par la vente,l'achat,la transformation,la cession,l'échange,la location,l'entretien,la réparation,ou d'autres conventions ayant trait à la jouissance,l'usage et le rapport d'immeubles,la valorisation et l'extension de ce patrimoine immobilier.
  8. La promotion immobilière.
deed of 24-01-2024 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
Rue des Saules 77 registered office 7080 Frameries 46810 Wholesale of solid, liquid and gaseous fuels and related products 02-01-1998 2.084.775.171 Retail outlet

Buildings and parcels at the address

Ground area
514 m²
Buildings
818 m²
Volume, LiDAR
4,597 m³
Tallest building
8.4 m
Buildings to scale, each on its own parcel
818 m², 8.4 m 818 m², 8.4 m

Location

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

Parcels

Cadastral parcelArea Buildings Height / floors
53045A0249/00G008514 m² 1 · 818 m² 8.4 m · 2

Recognitions

Food safety, FASFC

1 site
Frameriesunit number 2.084.775.171
1 permission
Authorisation · Retail outlet · since 18-04-2016

Source: FAVV-AFSCA, open data, updated on 02-11-2026