ACTIVE

LEVIAT

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Financial year 2025 · closed on 31/12/2025

Net result

9,6 M €

+132.9% YoY

Revenue

32,8 M €

-9.0% YoY

Equity

54,2 M €

-0.8% YoY

Workforce

150,0 ETP

-5.2% YoY

What does LEVIAT do?

LEVIAT is a Public limited company incorporated in 1961. Its main activity is: Cold forming or folding. Its registered office is in Ternat. It employs on average 150,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0402.642.545

Incorporation

01/07/1961

Legal form

Public limited company

Registered office

Industrielaan 2
1740 Ternat · FlandreSee on map

Contributed capital

49 000 000,00 €

Latest accounts

31/12/2025

Average workforce

150,0 ETP

Activities (NACE)

24330Cold forming or folding· main 24330Cold forming or folding 25402Manufacture of weapons and ammunition 25502Forging, pressing, stamping and roll-forming of metal; powder metallurgy 27330Manufacture of wiring devices 25110Manufacture of metal structures and parts of structures+1

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2014		2013		2009		2007
Income statement
Revenue	32,8 M €	-9.0%	36 M €	-13.5%	41,6 M €	-10.9%	46,7 M €	+1.0%	46,2 M €	-1.1%	46,8 M €	+9.2%	42,8 M €	+1.2%	42,3 M €	+2.9%	41,2 M €	+3.2%	39,9 M €	-7.2%	43 M €	-18.5%	52,8 M €	+7.3%	49,2 M €
EBITDA	16,2 M €	+1323%	-1,3 M €	-106%	23,9 M €	+558%	3,6 M €	-27.7%	5 M €	-17.2%	6,1 M €	-5.4%	6,4 M €	-20.9%	8,1 M €	+21.4%	6,7 M €	+9.9%	6,1 M €	-2.0%	6,2 M €	-22.4%	8 M €	+15.8%	6,9 M €
Operating result	15,9 M €	+1606%	-1,1 M €	-105%	23,5 M €	+620%	3,3 M €	-29.5%	4,6 M €	-19.8%	5,8 M €	-4.4%	6 M €	-21.2%	7,6 M €	+27.0%	6 M €	+18.9%	5,1 M €	-6.7%	5,4 M €	-22.1%	7 M €	+24.7%	5,6 M €
Net result	9,6 M €	+133%	-29,1 M €	-153%	54,6 M €	+3658%	1,5 M €	-82.0%	8,1 M €	-85.4%	55,3 M €	+1004%	5 M €	+65.1%	3 M €	+61.7%	1,9 M €	-57.0%	4,4 M €	+857%	-576,8 k €	-103%	17,1 M €	+480%	3 M €
Balance sheet
Equity	54,2 M €	-0.8%	54,6 M €	-34.7%	83,7 M €	+54.8%	54,1 M €	-15.4%	63,9 M €	+14.5%	55,8 M €	+10.5%	50,5 M €	+11.0%	45,5 M €	+7.1%	42,5 M €	-0.0%	42,5 M €	-68.1%	133,1 M €	+166%	50,1 M €	+86.8%	26,8 M €
Total assets	69,7 M €	+10.2%	63,2 M €	-45.5%	116,1 M €	-41.5%	198,4 M €	-18.1%	242,3 M €	-11.6%	274,1 M €	+25.1%	219 M €	+2.6%	213,5 M €	+2.6%	208 M €	+1.1%	205,7 M €	-30.4%	295,3 M €	+150%	117,9 M €	+0.4%	117,4 M €
Cash	35 k €		–		–		–		516 €	-77.1%	2,3 k €	+110%	1,1 k €	-9.1%	1,2 k €	+86.1%	634,2 €	-75.1%	2,5 k €	+71.1%	1,5 k €	-90.1%	15 k €	-99.5%	3,3 M €
Debts	15,5 M €	+88.6%	8,2 M €	-73.6%	31,1 M €	-78.2%	142,7 M €	-19.9%	178,2 M €	-18.1%	217,6 M €	+29.5%	168,1 M €	+0.6%	167 M €	+1.5%	164,5 M €	+1.5%	162,2 M €	+0.7%	161,1 M €	+139%	67,3 M €	-24.6%	89,3 M €
Other
Workforce	150,0 ETP	-5.2%	158,2 ETP	-2.3%	162,0 ETP	+1.1%	160,3 ETP	+12.6%	142,4 ETP	+10.0%	129,5 ETP	-0.2%	129,7 ETP	+3.6%	125,2 ETP	+2.6%	122,0 ETP	-2.9%	125,7 ETP	-0.8%	126,7 ETP	-17.9%	154,3 ETP	+15.9%	133,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 31 ended

Active mandates

Jeremy James Hallett

Director · since 12 novembre 2025 · until 31 mai 2031

Active

Nico Ramstetter

Director · since 30 avril 2025 · until 30 avril 2031

Active

Stefanie Hespeel

Director · since 26 novembre 2024 · until 31 mai 2030

Active

Ended mandates

Sven Snauwaert

Director · since 26 janvier 2024 · until 31 mai 2030

Ended

Angeline Chaigneau

Director · since 17 septembre 2020 · until 31 mai 2027

Ended

Angeline Chaigneau

Director · since 17 septembre 2020 · until 30 juin 2027

Ended

Daisy KORTHOUT

Director · since 17 septembre 2020 · until 30 juin 2027

Ended

At this address

Other companies at this address

Company	CBE no.
Anvil BE Holdco● Active	1037.233.272

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2021
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	02/01/2021	02/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	01/01/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	13 months
Filing date	16/04/2026	31/07/2025	11/07/2024	27/07/2023	30/11/2022	25/06/2021
General meeting	08/04/2026	16/07/2025	28/06/2024	30/06/2023	31/05/2022	31/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/04/2026	16/04/2026	Dutch	PDF
Full model	31/12/2024	16/07/2025	31/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	11/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Full model	31/12/2021	31/05/2022	30/11/2022	Dutch	PDF
Full model	01/01/2021	31/05/2021	25/06/2021	Dutch	PDF
Full model	01/01/2020	27/10/2020	30/10/2020	Dutch	PDF
Full model	01/01/2019	31/05/2019	17/06/2019	Dutch	PDF
Full model	01/01/2018	31/05/2018	15/06/2018	Dutch	PDF
Full modelCorrection	01/01/2017	31/05/2017	15/06/2018	Dutch	PDF
Full model	01/01/2017	31/05/2017	12/06/2017	Dutch	PDF
Full model	01/01/2016	31/05/2016	31/05/2016	Dutch	PDF
Full model	01/01/2015	10/07/2015	19/08/2015	Dutch	PDF
Full model	01/01/2014	02/06/2014	16/06/2014	Dutch	PDF
Full model	01/01/2013	18/10/2013	25/10/2013	Dutch	PDF
Full model	01/01/2012	29/06/2012	09/08/2012	Dutch	PDF
Full model	01/01/2011	24/06/2011	29/06/2011	Dutch	PDF
Full model	01/01/2010	25/06/2010	29/06/2010	Dutch	PDF
Full model	01/01/2009	30/06/2009	08/10/2009	Dutch	PDF
Full model	01/01/2008	02/06/2008	26/06/2008	Dutch	PDF
Full model	01/01/2007	31/05/2007	21/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 3 active · 31 ended

Active mandates

Jeremy James Hallett

Director · since 12 novembre 2025 · until 31 mai 2031

Active

Nico Ramstetter

Director · since 30 avril 2025 · until 30 avril 2031

Active

Stefanie Hespeel

Director · since 26 novembre 2024 · until 31 mai 2030

Active

Ended mandates

Sven Snauwaert

Director · since 26 janvier 2024 · until 31 mai 2030

Ended

Angeline Chaigneau

Director · since 17 septembre 2020 · until 31 mai 2027

Ended

Angeline Chaigneau

Director · since 17 septembre 2020 · until 30 juin 2027

Ended

Daisy KORTHOUT

Director · since 17 septembre 2020 · until 30 juin 2027

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring17/08/2026
NEERLEGGING FUSIEVOORSTEL
PDF
Mandates05/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares02/02/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates04/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other03/04/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF
Mandates02/01/2025
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 20259,6 M €↑
30/04/2025
nominationRamstetter Nico — bestuurder
2024
Annual accounts 2024-29,1 M €↓
26/11/2024
nominationHespeel Stefanie — bestuurder
01/06/2024
reconductionDeloitte Bedrijfsrevisoren BV — commissaris
26/01/2024
nominationSven Kurth Snauwaert — bestuurder
2024
Name changeLEVIAT
2023
Annual accounts 202354,6 M €↑
01/04/2023
reconductionInconel BV — gedelegeerde tot het dagelijks bestuur
2022
Annual accounts 20221,5 M €↓
2022
Name changePLAKABETON
2020
Annual accounts 20208,1 M €↓
2019
Annual accounts 201955,3 M €↑
2018
Annual accounts 20185 M €↑
2017
Annual accounts 20173 M €↑
2016
Annual accounts 20161,9 M €↓
2014
Annual accounts 20144,4 M €↑
2013
Annual accounts 2013-576,8 k €↓
2009
Annual accounts 200917,1 M €↑
2007
Annual accounts 20073 M €
01/07/1961
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

LEVIAT

Overview

What does LEVIAT do?

Trend over 13 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