ACTIVE

Laboratoire belge de l'Industrie Electrique

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Financial year 2025 · Closed on 31/12/2025

Net result1,2 M €-60,3 %over 1 year

Revenue106,1 M €+2,1 %over 1 year

Equity21,8 M €+6,0 %over 1 year

Workforce393,5 ETP+2,3 %over 1 year

Identity

Source · BCE/KBO

Laboratoire belge de l'Industrie Electrique is a Public limited company incorporated in 1962. Its main activity is: Technical testing and analysis. Its registered office is in Linkebeek. It employs on average 393,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0400.902.582
Incorporation: 02/04/1962
Legal form: Public limited company
Registered office: Rue de Rhode 125
1630 Linkebeek · FlandreSee on map
Contributed capital: 1 875 465,90 €
Latest accounts: 31/12/2025
Average workforce: 393,5 ETP

Activities (NACE)

71209Technical testing and analysis· main 71209Technical testing and analysis 72109Research and experimental development on natural sciences and engineering 72190Other research and experimental development on natural sciences and engineering 73100Advertising 74302Translation and interpretation activities+2

Joint committees (1)

Contacts

1 public detail availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 16 financial years

	2025		2024		2023		2021		2020
Income statement
Revenue	106,1 M €	+2.1%	103,9 M €	+16.7%	89 M €	+27.7%	69,7 M €	+10.7%	63 M €
EBITDA	10,6 M €	+50.2%	7 M €	+4.6%	6,7 M €	-26.7%	9,2 M €	+22.4%	7,5 M €
Operating result	7,1 M €	+50.7%	4,7 M €	+11.3%	4,2 M €	-42.2%	7,3 M €	+42.9%	5,1 M €
Net result	1,2 M €	-60.3%	3,1 M €	-17.3%	3,8 M €	-31.7%	5,5 M €	+72.1%	3,2 M €
Balance sheet
Equity	21,8 M €	+6.0%	20,6 M €	+17.9%	17,5 M €	+19.4%	14,6 M €	+15.3%	12,7 M €
Total assets	80,2 M €	+8.3%	74 M €	+2.9%	72 M €	+16.7%	61,7 M €	+42.8%	43,2 M €
Cash	16,1 M €	+7.1%	15,1 M €	+96.6%	7,7 M €	+136%	3,2 M €	-5.2%	3,4 M €
Debts	35,1 M €	+19.9%	29,3 M €	-5.5%	31 M €	+12.1%	27,7 M €	+52.7%	18,1 M €
Other
Workforce	393,5 ETP	+2.3%	384,6 ETP	+4.5%	368,0 ETP	+20.5%	305,5 ETP	+2.1%	299,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 102 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Nick LEMMENS	Director	03/12/2025 → 27/05/2027
Stéphane JORIS	Director	15/11/2024 → 27/05/2027
Anne HARVENGT	Director	01/06/2024 → 27/05/2027
Bart VOLBRECHT	Director	28/03/2024 → 27/05/2027
Vincent VERBEKE	Director	06/12/2023 → 25/05/2028	000
Olivier SALA	Chairman of the board of directors	01/01/2022 → 28/05/2026
François CHEVALIER	Director	17/12/2021 → 27/05/2027

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Philippe ARMAND	Director	28/03/2024 → 27/05/2027
Vincent VERBEKE	Director	06/12/2023 → 31/12/2027	000
Bernard HAINE	Director	31/03/2022 → 14/11/2024
Bernard HAINE	Director	31/03/2022 → 28/05/2026

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/06/2026	14/07/2025	21/06/2024	01/06/2023	28/06/2022	08/06/2021
General meeting	28/05/2026	22/05/2025	23/05/2024	11/05/2023	09/06/2022	20/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	28/05/2026	10/06/2026	Dutch	PDF
Full model	31/12/2024	22/05/2025	14/07/2025	Dutch	PDF
Full model	31/12/2023	23/05/2024	21/06/2024	Dutch	PDF
Full model	31/12/2022	11/05/2023	01/06/2023	Dutch	PDF
Full model	31/12/2021	09/06/2022	28/06/2022	Dutch	PDF
Full model	31/12/2020	20/05/2021	08/06/2021	Dutch	PDF
Full model	31/12/2019	28/05/2020	23/06/2020	Dutch	PDF
Full model	31/12/2018	18/06/2019	16/07/2019	Dutch	PDF
Full model	31/12/2017	24/05/2018	07/06/2018	Dutch	PDF
Full model	31/12/2016	18/05/2017	08/06/2017	Dutch	PDF
Full model	31/12/2015	26/05/2016	06/06/2016	Dutch	PDF
Full model	31/12/2014	21/05/2015	04/06/2015	Dutch	PDF
Full model	31/12/2013	21/05/2014	26/05/2014	Dutch	PDF
Full model	31/12/2012	15/05/2013	23/05/2013	Dutch	PDF
Full model	31/12/2011	24/05/2012	05/06/2012	Dutch	PDF
Full model	31/12/2010	19/05/2011	25/05/2011	Dutch	PDF
Full model	31/12/2009	20/05/2010	02/06/2010	Dutch	PDF
Full model	31/12/2008	28/05/2009	05/06/2009	Dutch	PDF
Full model	31/12/2007	22/05/2008	04/06/2008	Dutch	PDF
Full model	31/12/2006	24/05/2007	04/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 102 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Nick LEMMENS	Director	03/12/2025 → 27/05/2027
Stéphane JORIS	Director	15/11/2024 → 27/05/2027
Anne HARVENGT	Director	01/06/2024 → 27/05/2027
Bart VOLBRECHT	Director	28/03/2024 → 27/05/2027
Vincent VERBEKE	Director	06/12/2023 → 25/05/2028	000
Olivier SALA	Chairman of the board of directors	01/01/2022 → 28/05/2026
François CHEVALIER	Director	17/12/2021 → 27/05/2027

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Philippe ARMAND	Director	28/03/2024 → 27/05/2027
Vincent VERBEKE	Director	06/12/2023 → 31/12/2027	000
Bernard HAINE	Director	31/03/2022 → 14/11/2024
Bernard HAINE	Director	31/03/2022 → 28/05/2026

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates17/08/2026
ONTSLAGEN, BENOEMINGEN
PDF
Mandates17/08/2026
ONTSLAGEN, BENOEMINGEN
PDF
Mandates10/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates10/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates14/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates17/01/2025
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 20251,2 M €↓
03/12/2025
nominationNick Lemmens · administrateur
03/12/2025
nominationNick Lemmens · bestuurder
01/07/2025
nominationRandy Stiens · gedelegeerde voor het dagelijks bestuur
01/07/2025
nominationNathalie Carmeliet · gedelegeerde voor het dagelijks bestuur
01/07/2025
nominationOussama Bidara · gedelegeerde voor het dagelijks bestuur
22/05/2025
nominationLuc Goossens · gedelegeerde voor het dagelijks bestuur
22/05/2025
nominationFemke Flachet · gedelegeerde voor het dagelijks bestuur
22/05/2025
nominationXavier Henry · gedelegeerde voor het dagelijks bestuur
22/05/2025
nominationFrançoise Sotiau · gedelegeerde voor het dagelijks bestuur
22/05/2025
nominationOlivier Vandelaer · gedelegeerde voor het dagelijks bestuur
2024
Annual accounts 20243,1 M €↓
15/11/2024
nominationStéphane Joris · administrateur
15/11/2024
nominationStéphane Joris · bestuurder
01/06/2024
nominationAnne Harvengt · administrateur
01/06/2024
nominationAnne Harvengt · bestuurder
28/03/2024
nominationPhilippe Armand · administrateur
28/03/2024
nominationBart Volbrecht · administrateur
28/03/2024
nominationPhilippe Armand · bestuurder
28/03/2024
nominationBart Volbrecht · bestuurder
27/03/2024
demissionCedric Osterrieth
27/03/2024
demissionJan Sterck
26/03/2024
nominationFrançois Thoumsin · gestion journalière
26/03/2024
nominationCoralie Goffin · gestion journalière
26/03/2024
nominationXavier Henry · gestion journalière
26/03/2024
nominationFrançoise Sotiau · gestion journalière
26/03/2024
nominationOlivier Vandelaer · gestion journalière
26/03/2024
nominationFrançois Thoumsin · dagelijks bestuur
26/03/2024
nominationFemke Flachet · dagelijks bestuur
26/03/2024
nominationCoralie Goffin · dagelijks bestuur
26/03/2024
nominationXavier Henry · dagelijks bestuur
26/03/2024
nominationFrançoise Sotiau · dagelijks bestuur
26/03/2024
nominationOlivier Vandelaer · dagelijks bestuur
01/03/2024
demissionLuc Goossens
01/03/2024
nominationLuc Goossens · gestion journalière
01/03/2024
nominationLuc Goossens · dagelijks bestuur
2023
Annual accounts 20233,8 M €↓
06/12/2023
nominationVincent Verbeke · administrateur
06/12/2023
nominationVincent Verbeke · bestuurder
11/05/2023
nominationMichaël Marique · gestion journalière
11/05/2023
nominationFrançois Thoumsin · gestion journalière
11/05/2023
nominationFemke Flachet · gestion journalière
11/05/2023
nominationCoralie Goffin · gestion journalière
11/05/2023
nominationXavier Henry · gestion journalière
11/05/2023
nominationFrançoise Sotiau · gestion journalière
11/05/2023
nominationOlivier Vandelaer · gestion journalière
02/12/2022
nominationMichaël Marique · gestion journalière
02/12/2022
nominationFrançois Thoumsin · gestion journalière
02/12/2022
nominationHans De Rouck · gestion journalière
02/12/2022
nominationFemke Flachet · gestion journalière
02/12/2022
nominationCoralie Goffin · gestion journalière
02/12/2022
nominationXavier Henry · gestion journalière
02/12/2022
nominationFrançoise Sotiau · gestion journalière
02/12/2022
nominationOlivier Vandelaer · gestion journalière
23/06/2022
reconductionDeloitte Bedrijfsrevisoren BV · commissaris
23/06/2022
reconductionDeloitte Bedrijfsrevisoren SRL · commissaire
31/03/2022
nominationBernard Haine · bestuurder
31/03/2022
nominationBernard Haine · administrateur
01/01/2022
nominationOlivier SALA · administrateur
01/01/2022
nominationOlivier SALA · bestuurder
2021
Annual accounts 20215,5 M €↑
2021
Name changeLaborelec
2020
Annual accounts 20203,2 M €↑
2019
Annual accounts 2019895,9 k €↓
2018
Annual accounts 20182,7 M €↑
2017
Annual accounts 20171,8 M €↑
2016
Annual accounts 20161,4 M €↑
2015
Annual accounts 2015223,9 k €↑
2014
Annual accounts 201458,4 k €↓
2013
Annual accounts 2013128,3 k €↑
2012
Annual accounts 2012-228,1 k €↓
2011
Annual accounts 2011
2010
Annual accounts 2010
2009
Annual accounts 20091 M €
02/04/1962
IncorporationPublic limited company

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Laboratoire belge de l'Industrie ElectriqueCurrent	CBE, tracked since 27/09/2026	CBE
Laborelec	accounts 2021 → 2025	Accounts 2025 · 2026-00167442
Belgisch Laboratorium van Elektriciteitsindustrie	accounts 2009 → 2020	Accounts 2020 · 2021-18600094

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.

Laboratoire belge de l'Industrie Electrique

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Company names