Laboratorium voor Electronische Toepassingen L.E.T.
0401.029.672 · rovalta.com · 27/09/2026
ACTIVE
Laboratorium voor Electronische Toepassingen L.E.T.
Financial year 2025 · Closed on 31/12/2025
Net result51,8 k €-43,4 %over 1 year
Gross margin1,1 M €-8,0 %over 1 year
Equity789 k €+7,0 %over 1 year
Workforce10,6 ETP-5,4 %over 1 year
Overview
Identity
Source · BCE/KBOLaboratorium voor Electronische Toepassingen L.E.T. is a Public limited company incorporated in 1967. Its main activity is: Manufacture of electronic components. Its registered office is in Deinze. It employs on average 10,6 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0401.029.672
- Incorporation
- 01/05/1967
- Legal form
- Public limited company
- Registered office
- Vaartlaan 20
9800 Deinze · FlandreSee on map - Contributed capital
- 85 182,88 €
- Latest accounts
- 31/12/2025
- Average workforce
- 10,6 ETP
Activities (NACE)
26110Manufacture of electronic components· main26110Manufacture of electronic components26700Manufacture of optical instruments and photographic equipment26700Manufacture of optical instruments and photographic equipment32100Manufacture of jewellery, bijouterie and related articles33402Repair and installation of machinery and equipment
Joint committees (2)
- 111
- 209
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 20 filingsTrend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 1,1 M € | -8.0% | 1,2 M € | -23.8% | 1,5 M € | +16.2% | 1,3 M € | +12.2% | 1,2 M € |
| EBITDA | 187,9 k € | -20.1% | 235,1 k € | -55.7% | 531 k € | +56.6% | 339,1 k € | +18.6% | 286 k € |
| Operating result | 90,1 k € | -33.8% | 136,1 k € | -67.5% | 418,5 k € | +84.2% | 227,2 k € | +23.9% | 183,3 k € |
| Net result | 51,8 k € | -43.4% | 91,5 k € | -69.0% | 295,5 k € | +87.7% | 157,4 k € | +23.6% | 127,3 k € |
| Balance sheet | |||||||||
| Equity | 789 k € | +7.0% | 737,2 k € | +14.2% | 645,6 k € | -24.1% | 850,2 k € | +22.7% | 692,8 k € |
| Total assets | 2,6 M € | -0.6% | 2,6 M € | +17.2% | 2,2 M € | -8.8% | 2,4 M € | +16.8% | 2,1 M € |
| Cash | 502,6 k € | -19.2% | 621,9 k € | -20.9% | 785,8 k € | -22.1% | 1 M € | +16.6% | 864,5 k € |
| Debts | 1,4 M € | -0.4% | 1,4 M € | -9.5% | 1,6 M € | -0.7% | 1,6 M € | +13.9% | 1,4 M € |
| Other | |||||||||
| Workforce | 10,6 ETP | -5.4% | 11,2 ETP | -15.2% | 13,2 ETP | -2.2% | 13,5 ETP | +3.8% | 13,0 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/2025Other companies at this address
Vaartlaan 20 9800 Deinze| Company | CBE no. |
|---|---|
DELTRO SYSTEEMTECHNIEK● Active | 0878.249.579 |
LET AUTOMOTIVE● Active | 0878.248.787 |
LET ENGINEERING● Active | 0699.759.681 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 25/06/2026 | 26/06/2025 | 04/07/2024 | 23/06/2023 | 21/06/2022 | 24/06/2021 |
| General meeting | 27/05/2026 | 29/05/2025 | 05/06/2024 | 31/05/2023 | 25/05/2022 | 02/06/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 27/05/2026 | 25/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 29/05/2025 | 26/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 05/06/2024 | 04/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 31/05/2023 | 23/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 25/05/2022 | 21/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 02/06/2021 | 24/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 03/06/2020 | 01/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 29/05/2019 | 26/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 30/05/2018 | 29/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 31/05/2017 | 30/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 25/05/2016 | 24/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 27/05/2015 | 28/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 28/05/2014 | 10/10/2014 | Dutch | |
| Abridged model | 31/12/2012 | 29/05/2013 | 30/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 30/05/2012 | 31/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 25/05/2011 | 27/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 26/05/2010 | 23/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 27/05/2009 | 26/06/2009 | Dutch | |
| Abridged model | 30/09/2007 | 27/02/2008 | 30/04/2008 | Dutch | |
| Abridged model | 30/09/2006 | 28/02/2007 | 30/03/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/2025Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates06/07/2026ONTSLAGEN - BENOEMINGEN
- Mandates27/07/2023ONTSLAGEN - BENOEMINGEN
- Mandates04/02/2021ONTSLAGEN - BENOEMINGEN
- Mandates27/07/2017ONTSLAGEN - BENOEMINGEN
- Mandates03/02/2015ONTSLAGEN - BENOEMINGEN
- Mandates21/11/2014ONTSLAGEN - BENOEMINGEN
- Mandates30/10/2013ONTSLAGEN - BENOEMINGEN
- Mandates26/09/2012ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202551,8 k €↓
- 2024Annual accounts 202491,5 k €↓
- 2023Annual accounts 2023295,5 k €↑
- 2022Annual accounts 2022157,4 k €↑
- 2021Annual accounts 2021127,3 k €↓
- 2021Name changeL.E.T.
- 2020Annual accounts 2020172,1 k €↑
- 2019Annual accounts 201992,9 k €↓
- 2018Annual accounts 2018131,9 k €↑
- 2017Annual accounts 201731,3 k €↑
- 2016Annual accounts 201619,5 k €↑
- 2015Annual accounts 2015422,5 €↓
- 2014Annual accounts 20146,3 k €↑
- 2013Annual accounts 2013552,9 €↓
- 2012Annual accounts 2012893,7 €↓
- 2011Annual accounts 20115,9 k €↑
- 2010Annual accounts 2010308,6 €↓
- 2009Annual accounts 20092,4 k €↑
- 2008Annual accounts 20082,4 k €↓
- 2007Annual accounts 20072,9 k €
- 2007Name changeLaboratorium voor Electronische Toepassingen L.E.T.
- 01/05/1967IncorporationPublic limited company