ACTIVE

LS BEDDING

Financial year 2025 · closed on 31/12/2025
Net result
1,8 M €
+11.6% YoY
Revenue
29,3 M €
+8.6% YoY
Equity
4,8 M €
+2.1% YoY
Workforce
106,7 ETP
-2.6% YoY

What does LS BEDDING do?

LS BEDDING is a Public limited company incorporated in 1965. Its main activity is: Manufacture of furniture. Its registered office is in Maldegem. It employs on average 106,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.105.355
Incorporation
02/06/1965
Legal form
Public limited company
Registered office
Bogaardestraat 228 box B
9990 Maldegem · FlandreSee on map
Contributed capital
89 047,28 €
Latest accounts
31/12/2025
Average workforce
106,7 ETP
Joint committees (4)
  • 120
  • 126
  • 214
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220202019201820172016201520142013201220112009200820072006
Income statement
Revenue29,3 M €27 M €24,7 M €25,7 M €22,9 M €21,2 M €19,9 M €20,1 M €19,5 M €20,2 M €19,2 M €17,5 M €17,2 M €16,5 M €12,2 M €11,8 M €11,2 M €10,4 M €
EBITDA3,5 M €3,2 M €2,5 M €2,9 M €3,6 M €2,8 M €3 M €3 M €3,8 M €3,3 M €3,1 M €2,6 M €2,5 M €2,6 M €1,9 M €1,8 M €1,7 M €1,6 M €
Operating result2,6 M €2,5 M €1,9 M €2,4 M €3 M €2 M €2,2 M €2,2 M €2,9 M €2,7 M €2,5 M €1,9 M €1,8 M €1,8 M €1,4 M €1,5 M €1,3 M €1,3 M €
Net result1,8 M €1,6 M €1,1 M €1,6 M €2,1 M €1,4 M €1,5 M €1,4 M €1,7 M €1,7 M €1,6 M €1,1 M €970,5 k €981,2 k €896 k €1,4 M €797,2 k €1,9 M €
Balance sheet
Equity4,8 M €4,8 M €4,6 M €4,5 M €5 M €4 M €3,8 M €3,6 M €3 M €2 M €1,4 M €1,1 M €1,1 M €981,5 k €4,1 M €3,8 M €3 M €3,8 M €
Total assets11,3 M €10,1 M €9,6 M €8,9 M €11,2 M €8,5 M €8,3 M €8,4 M €8 M €8,2 M €7,5 M €7,4 M €7,5 M €7,3 M €5,8 M €5,5 M €6 M €5,8 M €
Cash355,5 k €336,2 k €1,2 M €455,4 k €3,5 M €731,6 k €1,3 M €2,1 M €1,8 M €1,7 M €1,2 M €1 M €800,5 k €144,6 k €70,9 k €64,8 k €58,3 k €149,9 k €
Debts6,3 M €5,3 M €4,7 M €4,3 M €6,1 M €4,4 M €4,4 M €4,7 M €4,8 M €5,9 M €5,9 M €5,9 M €6,2 M €6,2 M €1,6 M €1,7 M €3 M €2 M €
Other
Workforce106,7 ETP109,6 ETP114,8 ETP117,4 ETP113,5 ETP113,0 ETP108,5 ETP109,6 ETP110,1 ETP113,2 ETP110,2 ETP105,7 ETP97,8 ETP96,2 ETP51,6 ETP51,6 ETP52,9 ETP47,0 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 · 5 active · 31 ended

Active mandates

Just Grow

Director · since 23 décembre 2025 · until 28 juin 2031 · 1024.548.147

Represented by De Vreese Dominik

Active
STRATEQO

Director · since 23 décembre 2025 · until 28 juin 2031 · 0892.600.730

Represented by Lannoye Michiel

Active
Frank VERSCHUERE

Director · since 31 décembre 2022 · until 24 juin 2028

Active
Peter De Meyer

Director · since 31 décembre 2022 · until 24 juin 2028

Active
LSB GROUP

Managing director · since 02 juin 2022 · until 02 juin 2028 · 0657.759.572

Represented by Koen Maenhout

Active

Ended mandates

Tim STEFFENS

Director · since 17 janvier 2025 · until 17 janvier 2031

Ended
Ipsum mane

Director · since 02 juin 2022 · until 24 juin 2028 · 0766.732.837

Represented by De BAENST TOM

Ended
Ipsum mane

Managing director · since 02 juin 2022 · until 17 janvier 2025 · 0766.732.837

Represented by De BAENST TOM

Ended
Ipsum mane

Managing director · since 02 juin 2022 · until 24 juin 2028 · 0766.732.837

Represented by Tom De Baenst

Ended
At this address

Other companies at this address

CompanyCBE no.
0778.293.851
LSB GROUPActive
0657.759.572
LS REAL ESTATEActive
0775.792.439
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202630/06/202504/07/202426/06/202307/07/202201/07/2021
General meeting27/06/202628/06/202529/06/202424/06/202325/06/202226/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/06/202629/06/2026DutchPDF
Full model31/12/202428/06/202530/06/2025DutchPDF
Full model31/12/202329/06/202404/07/2024DutchPDF
Full model31/12/202224/06/202326/06/2023DutchPDF
Full model31/12/202125/06/202207/07/2022DutchPDF
Full model31/12/202026/06/202101/07/2021DutchPDF
Full model31/12/201927/06/202002/07/2020DutchPDF
Full model31/12/201829/06/201929/07/2019DutchPDF
Full model31/12/201730/06/201830/07/2018DutchPDF
Full model31/12/201629/06/201704/07/2017DutchPDF
Full model31/12/201520/05/201630/06/2016DutchPDF
Full model31/12/201422/05/201527/07/2015DutchPDF
Full model31/12/201328/06/201428/08/2014DutchPDF
Full model31/12/201229/06/201310/07/2013DutchPDF
Full model31/12/201130/06/201227/07/2012DutchPDF
Full model31/12/201025/06/201125/07/2011DutchPDF
Full model31/12/200930/06/201005/07/2010DutchPDF
Full model31/12/200827/06/200929/06/2009DutchPDF
Full model31/12/200728/06/200824/07/2008DutchPDF
Full model31/12/200630/06/200709/07/2007DutchPDF
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 · 5 active · 31 ended

Active mandates

Just Grow

Director · since 23 décembre 2025 · until 28 juin 2031 · 1024.548.147

Represented by De Vreese Dominik

Active
STRATEQO

Director · since 23 décembre 2025 · until 28 juin 2031 · 0892.600.730

Represented by Lannoye Michiel

Active
Frank VERSCHUERE

Director · since 31 décembre 2022 · until 24 juin 2028

Active
Peter De Meyer

Director · since 31 décembre 2022 · until 24 juin 2028

Active
LSB GROUP

Managing director · since 02 juin 2022 · until 02 juin 2028 · 0657.759.572

Represented by Koen Maenhout

Active

Ended mandates

Tim STEFFENS

Director · since 17 janvier 2025 · until 17 janvier 2031

Ended
Ipsum mane

Director · since 02 juin 2022 · until 24 juin 2028 · 0766.732.837

Represented by De BAENST TOM

Ended
Ipsum mane

Managing director · since 02 juin 2022 · until 17 janvier 2025 · 0766.732.837

Represented by De BAENST TOM

Ended
Ipsum mane

Managing director · since 02 juin 2022 · until 24 juin 2028 · 0766.732.837

Represented by Tom De Baenst

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring25/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares03/09/2021
    KAPITAAL - AANDELEN
    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

Timeline

  1. 2025
    Annual accounts 20251,8 M €
  2. 2024
    Annual accounts 20241,6 M €
  3. 2023
    Annual accounts 20231,1 M €
  4. 2022
    Annual accounts 20221,6 M €
  5. 2020
    Annual accounts 20202,1 M €
  6. 2019
    Annual accounts 20191,4 M €
  7. 2018
    Annual accounts 20181,5 M €
  8. 2017
    Annual accounts 20171,4 M €
  9. 2016
    Annual accounts 20161,7 M €
  10. 2015
    Annual accounts 20151,7 M €
  11. 2014
    Annual accounts 20141,6 M €
  12. 2013
    Annual accounts 20131,1 M €
  13. 2012
    Annual accounts 2012970,5 k €
  14. 2011
    Annual accounts 2011981,2 k €
  15. 2009
    Annual accounts 2009896 k €
  16. 2008
    Annual accounts 20081,4 M €
  17. 2007
    Annual accounts 2007797,2 k €
  18. 2006
    Annual accounts 20061,9 M €
  19. 02/06/1965
    IncorporationPublic limited company