LECOT
0405.350.033 · rovalta.com · 21/09/2026
ACTIVE
LECOT
Financial year 2024 · closed on 31/12/2024
Net result
1,8 M €
-69.6% YoY
Revenue
256,6 M €
+0.1% YoY
Equity
50,6 M €
+2.7% YoY
Workforce
669,9 ETP
+6.7% YoY
Overview
What does LECOT do?
LECOT is a Public limited company incorporated in 1958. Its registered office is in Kortrijk. It employs on average 669,9 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0405.350.033
Incorporation
09/10/1958
Legal form
Public limited company
Registered office
Vier Linden(Heu) 9
8501 Kortrijk · FlandreSee on map
8501 Kortrijk · FlandreSee on map
Contributed capital
3 996 155,01 €
Latest accounts
31/12/2024
Average workforce
669,9 ETP
Joint committees (6)
- 111
- 149
- 14904
- 200
- 209
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 18 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Revenue | 256,6 M € | +0.1% | 256,4 M € | +4.8% | 244,7 M € | +8.8% | 224,9 M € | +11.9% | 200,9 M € | +7.4% | 187,1 M € | +8.0% | 173,3 M € | +6.3% | 163,1 M € | +0.8% | 161,8 M € | +32.1% | 122,5 M € | +8.8% | 112,6 M € | +4.2% | 108,1 M € | +3.7% | 104,3 M € | +21.9% | 85,6 M € | +9.0% | 78,5 M € | +4.4% | 75,2 M € | +6.4% | 70,7 M € | +8.9% | 64,9 M € |
| EBITDA | 5,8 M € | -36.3% | 9,1 M € | -24.4% | 12,1 M € | +10.0% | 11 M € | +9.6% | 10 M € | +32.8% | 7,5 M € | +12.8% | 6,7 M € | +19.5% | 5,6 M € | +2.3% | 5,5 M € | +53.4% | 3,6 M € | +21.4% | 2,9 M € | -15.2% | 3,5 M € | -15.8% | 4,1 M € | -13.3% | 4,7 M € | +16.3% | 4,1 M € | +9.2% | 3,7 M € | -12.0% | 4,2 M € | +43.6% | 3 M € |
| Operating result | 1,4 M € | -77.4% | 6,2 M € | -36.9% | 9,7 M € | +5.1% | 9,3 M € | +19.2% | 7,8 M € | +48.4% | 5,2 M € | +35.3% | 3,9 M € | +17.2% | 3,3 M € | +31.9% | 2,5 M € | +432% | 471,1 k € | +333% | 108,7 k € | -85.1% | 729,1 k € | -63.0% | 2 M € | -38.2% | 3,2 M € | +31.0% | 2,4 M € | +4.9% | 2,3 M € | -1.1% | 2,3 M € | +72.0% | 1,4 M € |
| Net result | 1,8 M € | -69.6% | 6 M € | -28.6% | 8,4 M € | -4.9% | 8,8 M € | +25.7% | 7 M € | +43.4% | 4,9 M € | +33.4% | 3,7 M € | +19.2% | 3,1 M € | +48.4% | 2,1 M € | +207% | 677,9 k € | +128% | 296,7 k € | -62.4% | 788,2 k € | -47.7% | 1,5 M € | -24.8% | 2 M € | +62.8% | 1,2 M € | +18.6% | 1 M € | +5.2% | 986,7 k € | +47.8% | 667,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 50,6 M € | +2.7% | 49,3 M € | +11.6% | 44,1 M € | +13.8% | 38,8 M € | +14.1% | 34 M € | +12.1% | 30,4 M € | +11.9% | 27,1 M € | +6.3% | 25,5 M € | +6.8% | 23,9 M € | +42.7% | 16,7 M € | -1.4% | 17 M € | +1.8% | 16,7 M € | +5.0% | 15,9 M € | +34.4% | 11,8 M € | +19.5% | 9,9 M € | +13.5% | 8,7 M € | +13.5% | 7,7 M € | +14.7% | 6,7 M € |
| Total assets | 116 M € | +9.9% | 105,5 M € | +9.1% | 96,7 M € | +12.8% | 85,8 M € | +9.9% | 78 M € | +14.6% | 68,1 M € | +9.3% | 62,3 M € | +7.8% | 57,8 M € | +0.1% | 57,8 M € | +23.0% | 47 M € | -1.7% | 47,8 M € | +3.1% | 46,3 M € | +2.6% | 45,2 M € | +7.1% | 42,2 M € | +7.9% | 39,1 M € | +1.0% | 38,7 M € | +1.6% | 38,1 M € | +1.9% | 37,3 M € |
| Cash | 619,7 k € | -46.4% | 1,2 M € | -53.2% | 2,5 M € | -8.1% | 2,7 M € | -15.8% | 3,2 M € | +15.9% | 2,8 M € | +60.0% | 1,7 M € | +62.3% | 1,1 M € | -49.2% | 2,1 M € | +150% | 835,7 k € | +28.6% | 649,9 k € | -11.1% | 730,8 k € | -71.5% | 2,6 M € | +83.9% | 1,4 M € | +309% | 340,4 k € | -46.4% | 635,6 k € | -26.0% | 858,6 k € | +0.3% | 855,8 k € |
| Debts | 64,5 M € | +16.4% | 55,4 M € | +7.1% | 51,7 M € | +11.7% | 46,3 M € | +6.9% | 43,3 M € | +16.9% | 37 M € | +6.8% | 34,7 M € | +9.2% | 31,7 M € | -2.4% | 32,5 M € | +12.7% | 28,8 M € | -1.6% | 29,3 M € | +3.9% | 28,2 M € | +2.6% | 27,5 M € | -5.7% | 29,1 M € | +1.2% | 28,8 M € | -2.3% | 29,5 M € | -1.3% | 29,8 M € | -1.4% | 30,3 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 669,9 ETP | +6.7% | 627,8 ETP | +8.1% | 580,5 ETP | +6.3% | 545,9 ETP | +3.8% | 525,8 ETP | +1.0% | 520,8 ETP | +3.0% | 505,7 ETP | +2.5% | 493,6 ETP | +3.4% | 477,5 ETP | +28.5% | 371,7 ETP | +3.2% | 360,3 ETP | +1.4% | 355,5 ETP | +2.4% | 347,2 ETP | +22.0% | 284,6 ETP | -0.3% | 285,5 ETP | +3.1% | 276,8 ETP | +2.7% | 269,5 ETP | +4.4% | 258,2 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 7 active · 59 ended
Active mandates
Active
Active
Active
Active
Active
Active
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
LECOT-NEDERLAND● Active | 0442.633.071 |
LISA GROUP● Active | 0628.609.290 |
Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 24/06/2025 | 24/06/2024 | 04/07/2023 | 21/06/2022 | 17/06/2021 | 19/06/2020 |
| General meeting | 19/06/2025 | 20/06/2024 | 22/06/2023 | 16/06/2022 | 17/06/2021 | 18/06/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
29 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2024 | 19/06/2025 | 24/06/2025 | Dutch | |
| m120-f-p | 31/12/2024 | 19/06/2025 | 24/06/2025 | Dutch | |
| Full model | 31/12/2023 | 20/06/2024 | 24/06/2024 | Dutch | |
| m120-f-p | 31/12/2023 | 20/06/2024 | 24/06/2024 | Dutch | |
| Full model | 31/12/2022 | 22/06/2023 | 04/07/2023 | Dutch | |
| m120-f-p | 31/12/2022 | 22/06/2023 | 04/07/2023 | Dutch | |
| Full model | 31/12/2021 | 16/06/2022 | 21/06/2022 | Dutch | |
| m120-f-p | 31/12/2021 | 16/06/2022 | 21/06/2022 | Dutch | |
| Full model | 31/12/2020 | 17/06/2021 | 17/06/2021 | Dutch | |
| m120-f-p | 31/12/2020 | 17/06/2021 | 17/06/2021 | Dutch | |
| Full model | 31/12/2019 | 18/06/2020 | 19/06/2020 | Dutch | |
| m120-f-p | 31/12/2019 | 18/06/2020 | 19/06/2020 | Dutch | |
| Full model | 31/12/2018 | 20/06/2019 | 24/06/2019 | Dutch | |
| m120-f-p | 31/12/2018 | 20/06/2019 | 01/07/2019 | Dutch | |
| Full model | 31/12/2017 | 21/06/2018 | 28/06/2018 | Dutch | |
| m120-f-p | 31/12/2017 | 21/06/2018 | 04/07/2018 | Dutch | |
| Full model | 31/12/2016 | 15/06/2017 | 16/06/2017 | Dutch | |
| m120-f-p | 31/12/2016 | 15/06/2017 | 30/06/2017 | Dutch | |
| Full model | 31/12/2015 | 08/07/2016 | 13/07/2016 | Dutch | |
| Full model | 31/12/2014 | 18/06/2015 | 08/07/2015 | Dutch | |
| Full model | 31/12/2013 | 19/06/2014 | 17/07/2014 | Dutch | |
| Full model | 31/12/2012 | 20/06/2013 | 19/07/2013 | Dutch | |
| Full modelCorrection | 31/12/2011 | 29/06/2012 | 08/10/2012 | Dutch | |
| Full model | 31/12/2011 | 29/06/2012 | 04/07/2012 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 25 M€ and 50 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
Governance
Board of directors
Seen on filing of 31/12/2024 · 7 active · 59 ended
Active mandates
Active
Active
Active
Active
Active
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates26/08/2026herbenoemingen en ontslag bestuurders
- Mandates06/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates07/05/2024ONTSLAGEN - BENOEMINGEN
- Restructuring22/01/2024RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring23/11/2023KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring08/11/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring21/09/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring24/07/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 19/06/2025reconductionBV BDO Bedrijfsrevisoren — commissaris
- 2024Annual accounts 20241,8 M €↓
- 26/02/2024nominationBV Verstraete Koen — bestuurder
- 26/02/2024nominationPhilippe De Veyt — Gedelegeerd bestuurder
- 2023Annual accounts 20236 M €↓
- 22/06/2023reconductionEddy Dumarey — vaste vertegenwoordiger (voor BV Jamar)
- 22/06/2023reconductionSteve Muyile — vaste vertegenwoordiger (voor BV Steve Muylle)
- 2022Annual accounts 20228,4 M €↓
- 16/06/2022nominationBDO Bedrijfsrevisoren — commissaris
- 2021Annual accounts 20218,8 M €↑
- 2020Annual accounts 20207 M €↑
- 2019Annual accounts 20194,9 M €↑
- 2018Annual accounts 20183,7 M €↑
- 2017Annual accounts 20173,1 M €↑
- 2016Annual accounts 20162,1 M €↑
- 2015Annual accounts 2015677,9 k €↑
- 2014Annual accounts 2014296,7 k €↓
- 2013Annual accounts 2013788,2 k €↓
- 2012Annual accounts 20121,5 M €↓
- 2010Annual accounts 20102 M €↑
- 2009Annual accounts 20091,2 M €↑
- 2008Annual accounts 20081 M €↑
- 2007Annual accounts 2007986,7 k €↑
- 2006Annual accounts 2006667,7 k €
- 09/10/1958IncorporationPublic limited company