ACTIVE

Lummerzheim & Co

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Financial year 2025 · closed on 31/12/2025

Net result

4 M €

+612.8% YoY

Gross margin

4,5 M €

+1293.6% YoY

Equity

10,2 M €

+60.2% YoY

What does Lummerzheim & Co do?

Lummerzheim & Co is a Public limited company incorporated in 1968. Its main activity is: Development of building projects. Its registered office is in Aalst.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0401.077.083

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Tragel 60
9308 Aalst · FlandreSee on map

Contributed capital

6 569 422,24 €

Latest accounts

31/12/2025

Activities (NACE)

41102Development of building projects· main 68122Buying and selling of own real estate 28250Manufacture of non-domestic cooling and ventilation equipment 28250Manufacture of non-domestic cooling and ventilation equipment 29230Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers 43230Electrical, plumbing and other construction installation activities+2

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	4,5 M €	+1294%	319,6 k €	+4.3%	306,4 k €	-15.1%	360,8 k €	-83.3%	2,2 M €	+1045%	189 k €	-39.8%	314,1 k €	-20.8%	396,6 k €	+19.9%	330,7 k €	-57.2%	773,4 k €		–		–		–		–		–		–		–		1,3 M €
EBITDA	4,4 M €	+1407%	293,8 k €	+4.3%	281,6 k €	-17.2%	340,2 k €	-84.1%	2,1 M €	+301%	534,9 k €	+91.0%	280,1 k €	-26.1%	378,9 k €	+22.2%	310,1 k €	-67.3%	949,5 k €	+272%	-551,3 k €	-152%	1,1 M €	+179%	-1,3 M €	-799%	191,8 k €	-5.1%	202 k €	+2.1%	197,9 k €	-72.1%	709,3 k €	+156%	277,4 k €
Operating result	4,4 M €	+1409%	294,9 k €	+54.0%	191,5 k €	-10.2%	213,2 k €	-89.4%	2 M €	+393%	407,9 k €	+166%	153,1 k €	-39.2%	251,9 k €	+37.5%	183,1 k €	-77.7%	822,5 k €	+221%	-678,3 k €	-172%	937,1 k €	+164%	-1,5 M €	-7895%	18,8 k €	+124%	-78 k €	-265%	47,2 k €	-93.1%	689,6 k €	+207%	225 k €
Net result	4 M €	+613%	567,3 k €	+35.4%	419 k €	+53.8%	272,4 k €	-86.1%	2 M €	+379%	409,1 k €	+168%	152,7 k €	-38.9%	249,7 k €	+41.9%	176,1 k €	-78.1%	804,2 k €	+215%	-698,1 k €	-181%	860,7 k €	+156%	-1,5 M €	-196%	-516,2 k €	-634%	-70,3 k €	+2.0%	-71,7 k €	-124%	293,8 k €	+168%	-429,6 k €
Balance sheet
Equity	10,2 M €	+60.2%	6,4 M €	+9.7%	5,8 M €	+7.7%	5,4 M €	+5.3%	5,1 M €	+61.7%	3,2 M €	+14.8%	2,8 M €	+5.8%	2,6 M €	+10.6%	2,4 M €	+8.0%	2,2 M €	+58.1%	1,4 M €	-33.5%	2,1 M €	+164%	-3,2 M €	-89.4%	-1,7 M €	-43.2%	-1,2 M €	-6.2%	-1,1 M €	-6.8%	-1,1 M €	-1133%	101,9 k €
Total assets	11,5 M €	+50.6%	7,6 M €	+6.2%	7,2 M €	+5.5%	6,8 M €	-6.3%	7,3 M €	+31.9%	5,5 M €	+16.0%	4,7 M €	+6.5%	4,5 M €	+2.2%	4,4 M €	-23.3%	5,7 M €	+12.7%	5 M €	-21.8%	6,4 M €	+24.5%	5,2 M €	-20.1%	6,5 M €	-8.9%	7,1 M €	-2.1%	7,3 M €	+7.2%	6,8 M €	-20.9%	8,6 M €
Cash	–		72,5 k €	+76.1%	41,2 k €	-76.5%	175,3 k €	-72.9%	647,5 k €	+620%	89,9 k €	-75.6%	368,4 k €	+5.1%	350,6 k €	+102%	173,6 k €	-16.6%	208 k €	+93.0%	107,8 k €	-46.8%	202,4 k €	+188%	70,3 k €	-94.7%	1,3 M €	+398%	266,2 k €	-28.6%	372,6 k €	+21.1%	307,6 k €	-55.1%	685 k €
Debts	40 k €	+192%	13,7 k €	+59.4%	8,6 k €	-41.1%	14,6 k €	-98.0%	744,6 k €	-15.4%	880,6 k €	+274%	235,5 k €	+190%	81,3 k €	-50.6%	164,6 k €	-90.5%	1,7 M €	+6.5%	1,6 M €	-47.8%	3,1 M €	-54.2%	6,8 M €	-16.7%	8,2 M €	-1.4%	8,3 M €	-1.1%	8,4 M €	+7.3%	7,8 M €	-5.6%	8,3 M €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		20,9 ETP	-4.1%	21,8 ETP	+6.9%	20,4 ETP	-3.3%	21,1 ETP	-9.1%	23,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 41 ended

Active mandates

JDN

Managing director · since 04 mars 2026 · until 26 juin 2031 · 1033.865.689

Represented by Julie De Nul

Active

Jan De Nul

Managing director · since 26 juin 2025 · until 26 juin 2031 · 0406.041.406

Represented by Jan Pieter Jozef De Nul

Active

Julie De Nul

Managing director · since 26 juin 2025 · until 04 mars 2026

Active

PSR

Director · since 26 juin 2025 · until 26 juin 2031 · 0476.155.776

Represented by Paul Lievens

Active

Ended mandates

Jan De Nul

Director · since 27 juin 2019 · until 12 mai 2025 · 0406.041.406

Represented by Jan Pieter Jozef De Nul

Ended

Jan De Nul

Director · since 27 juin 2019 · until 26 juin 2025 · 0406.041.406

Represented by Jan Pieter Jozef De Nul

Ended

Jan De Nul

Managing director · since 27 juin 2019 · until 17 juin 2025 · 0406.041.406

Represented by Jan Pieter Jozef De Nul

Ended

Jan De Nul

Managing director · since 27 juin 2019 · until 26 juin 2025 · 0406.041.406

Represented by Jan Pieter Jozef De Nul

Ended

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Annual accounts

Full financial information

	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	08/07/2026	10/07/2025	02/07/2024	30/06/2023	01/07/2022	12/07/2021
General meeting	26/06/2026	26/06/2025	25/06/2024	08/05/2023	28/06/2022	22/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	08/07/2026	Dutch	PDF
Abridged model	31/12/2024	26/06/2025	10/07/2025	Dutch	PDF
Abridged model	31/12/2023	25/06/2024	02/07/2024	Dutch	PDF
Abridged model	31/12/2022	08/05/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	28/06/2022	01/07/2022	Dutch	PDF
Abridged model	31/12/2020	22/06/2021	12/07/2021	Dutch	PDF
Abridged model	31/12/2019	24/06/2020	10/07/2020	Dutch	PDF
Abridged model	31/12/2018	26/06/2019	05/07/2019	Dutch	PDF
Abridged model	31/12/2017	07/06/2018	06/07/2018	Dutch	PDF
Abridged model	31/12/2016	23/05/2017	22/06/2017	Dutch	PDF
Full model	31/12/2015	23/05/2016	22/06/2016	Dutch	PDF
Full model	31/12/2014	11/05/2015	11/06/2015	Dutch	PDF
Full model	31/12/2013	12/05/2014	11/06/2014	Dutch	PDF
Full model	31/12/2012	13/05/2013	26/06/2013	Dutch	PDF
Full model	31/12/2011	13/06/2012	11/07/2012	Dutch	PDF
Full model	31/12/2010	29/08/2011	19/09/2011	Dutch	PDF
Full model	31/12/2009	10/05/2010	08/06/2010	Dutch	PDF
Full model	31/12/2008	11/05/2009	10/07/2009	Dutch	PDF
Abridged model	31/12/2007	03/06/2008	29/09/2008	Dutch	PDF
Abridged model	31/12/2006	18/04/2007	18/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 41 ended

Active mandates

JDN

Managing director · since 04 mars 2026 · until 26 juin 2031 · 1033.865.689

Represented by Julie De Nul

Active

Jan De Nul

Managing director · since 26 juin 2025 · until 26 juin 2031 · 0406.041.406

Represented by Jan Pieter Jozef De Nul

Active

Julie De Nul

Managing director · since 26 juin 2025 · until 04 mars 2026

Active

PSR

Director · since 26 juin 2025 · until 26 juin 2031 · 0476.155.776

Represented by Paul Lievens

Active

Ended mandates

Jan De Nul

Director · since 27 juin 2019 · until 12 mai 2025 · 0406.041.406

Represented by Jan Pieter Jozef De Nul

Ended

Jan De Nul

Director · since 27 juin 2019 · until 26 juin 2025 · 0406.041.406

Represented by Jan Pieter Jozef De Nul

Ended

Jan De Nul

Managing director · since 27 juin 2019 · until 17 juin 2025 · 0406.041.406

Represented by Jan Pieter Jozef De Nul

Ended

Jan De Nul

Managing director · since 27 juin 2019 · until 26 juin 2025 · 0406.041.406

Represented by Jan Pieter Jozef De Nul

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other26/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING
PDF
Mandates28/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2019
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20254 M €↑
2024
Annual accounts 2024567,3 k €↑
2023
Annual accounts 2023419 k €↑
2022
Annual accounts 2022272,4 k €↓
2021
Annual accounts 20212 M €↑
2020
Annual accounts 2020409,1 k €↑
2019
Annual accounts 2019152,7 k €↓
2018
Annual accounts 2018249,7 k €↑
2017
Annual accounts 2017176,1 k €↓
2016
Annual accounts 2016804,2 k €↑
2015
Annual accounts 2015-698,1 k €↓
2014
Annual accounts 2014860,7 k €↑
2012
Annual accounts 2012-1,5 M €↓
2011
Annual accounts 2011-516,2 k €↓
2010
Annual accounts 2010-70,3 k €↑
2009
Annual accounts 2009-71,7 k €↓
2008
Annual accounts 2008293,8 k €↑
2007
Annual accounts 2007-429,6 k €
01/01/1968
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Lummerzheim & Co

Overview

What does Lummerzheim & Co do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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