ACTIVE

LVD COMPANY

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Financial year 2025 · Closed on 31/12/2025

Net result281,5 k €-91,2 %over 1 year

Revenue164,5 M €+7,0 %over 1 year

Equity55,1 M €+0,5 %over 1 year

Workforce378,5 ETP-0,4 %over 1 year

Identity

Source · BCE/KBO

LVD COMPANY is a Public limited company incorporated in 1952. Its registered office is in Wevelgem. It employs on average 378,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0405.350.231
Incorporation: 25/01/1952
Legal form: Public limited company
Registered office: Nijverheidslaan 2
8560 Wevelgem · FlandreSee on map
Contributed capital: 13 361 519,00 €
Latest accounts: 31/12/2025
Average workforce: 378,5 ETP

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	164,5 M €	+7.0%	153,8 M €	-20.3%	193,1 M €	+11.4%	173,4 M €	+17.4%	147,6 M €
EBITDA	6,9 M €	+154%	2,7 M €	-76.9%	11,8 M €	+58.2%	7,5 M €	+59.2%	4,7 M €
Operating result	3,1 M €	+679%	394,5 k €	-95.7%	9,2 M €	+80.6%	5,1 M €	+121%	2,3 M €
Net result	281,5 k €	-91.2%	3,2 M €	-49.6%	6,4 M €	+31.3%	4,8 M €	+51.9%	3,2 M €
Balance sheet
Equity	55,1 M €	+0.5%	54,8 M €	+5.1%	52,1 M €	+8.5%	48,1 M €	+6.5%	45,1 M €
Total assets	149,4 M €	+0.7%	148,4 M €	+1.4%	146,4 M €	+8.0%	135,5 M €	+7.3%	126,2 M €
Cash	2,6 M €	-32.2%	3,8 M €	-19.8%	4,7 M €	+54.5%	3,1 M €	-71.1%	10,6 M €
Debts	92,2 M €	+0.4%	91,8 M €	-0.3%	92 M €	+8.2%	85,1 M €	+8.8%	78,2 M €
Other
Workforce	378,5 ETP	-0.4%	380,0 ETP	-0.3%	381,2 ETP	-0.4%	382,6 ETP	-0.1%	383,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 43 ended

Active mandates

ADMODUM

Director · 0674.369.734

Represented by Paul Matthijs

Active

CD - X

Managing director · 0479.834.749

Represented by Carl Dewulf

Active

Francis Van Neste

Director

Active

Gehrels Consulting Gmbh BO

Director · until 01 mars 2026

Represented by Olaf Gehrels

Active

Jean-Pierre Lefebvre

Managing director

Active

LD ADVIES

Director · 0436.555.032

Represented by Henk Lemahieu

Active

MIDELCO

Director · 0430.555.581

Represented by Philippe Vlerick

Active

Ended mandates

LD ADVIES

Director · since 30 juin 2022 · 0436.555.032

Represented by Henk Lemahieu

Ended

Paul Matthijs

Director · since 05 janvier 2021 · until 19 mai 2022

Ended

Paul Matthijs

Director · since 05 janvier 2021 · until 03 juin 2022

Ended

Gehrels Consulting Gmbh BO

Director · since 30 juin 2020 · until 19 mai 2022

Represented by Olaf Gehrels

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
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	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	22/07/2026	24/07/2025	29/07/2024	20/07/2023	27/07/2022	27/07/2021
General meeting	30/06/2026	25/06/2025	26/06/2024	30/06/2023	30/06/2022	30/06/2021
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 · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	22/07/2026	Dutch	PDF
Full model	31/12/2024	25/06/2025	24/07/2025	Dutch	PDF
Full model	31/12/2023	26/06/2024	29/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	20/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	27/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	27/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	24/07/2020	Dutch	PDF
Full model	31/12/2018	07/06/2019	05/07/2019	Dutch	PDF
Full model	31/12/2017	06/06/2018	27/07/2018	Dutch	PDF
Full model	31/12/2016	07/06/2017	26/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	27/07/2016	Dutch	PDF
Full model	31/12/2014	05/06/2015	31/07/2015	Dutch	PDF
Full model	31/12/2013	06/06/2014	30/07/2014	Dutch	PDF
Full model	31/12/2012	07/06/2013	31/07/2013	Dutch	PDF
Full model	31/12/2011	06/06/2012	26/07/2012	Dutch	PDF
Full model	31/12/2010	19/05/2011	29/07/2011	Dutch	PDF
Full model	31/12/2009	20/05/2010	30/07/2010	Dutch	PDF
Full model	31/12/2008	22/05/2009	28/08/2009	Dutch	PDF
Full model	31/12/2007	15/05/2008	31/07/2008	Dutch	PDF
Full model	31/12/2006	18/05/2007	30/08/2007	Dutch	PDF

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.

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.

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 43 ended

Active mandates

ADMODUM

Director · 0674.369.734

Represented by Paul Matthijs

Active

CD - X

Managing director · 0479.834.749

Represented by Carl Dewulf

Active

Francis Van Neste

Director

Active

Gehrels Consulting Gmbh BO

Director · until 01 mars 2026

Represented by Olaf Gehrels

Active

Jean-Pierre Lefebvre

Managing director

Active

LD ADVIES

Director · 0436.555.032

Represented by Henk Lemahieu

Active

MIDELCO

Director · 0430.555.581

Represented by Philippe Vlerick

Active

Ended mandates

LD ADVIES

Director · since 30 juin 2022 · 0436.555.032

Represented by Henk Lemahieu

Ended

Paul Matthijs

Director · since 05 janvier 2021 · until 19 mai 2022

Ended

Paul Matthijs

Director · since 05 janvier 2021 · until 03 juin 2022

Ended

Gehrels Consulting Gmbh BO

Director · since 30 juin 2020 · until 19 mai 2022

Represented by Olaf Gehrels

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates02/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates21/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2019
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025281,5 k €↓
2024
Annual accounts 20243,2 M €↓
26/06/2024
reconductionBV Callens, Vandelanotte & Theunissen — commissaris
26/06/2024
reconductionBoudewijn Callens — vaste vertegenwoordiger van de rechtspersoon Callens, Vandelanotte & Theunissen BV
26/06/2024
reconductionPhilip Callens — vaste vertegenwoordiger van de rechtspersoon Callens, Vandelanotte & Theunissen BV
2023
Annual accounts 20236,4 M €↑
2023
Name changeLVD Company
2022
Annual accounts 20224,8 M €↑
30/06/2022
reconductionJean-Pierre Lefebvre — bestuurder
30/06/2022
reconductionFrancis Van Neste — bestuurder
30/06/2022
reconductionPaul Matthijs — bestuurder
2021
Annual accounts 20213,2 M €↑
2020
Annual accounts 2020118,9 k €↓
2019
Annual accounts 20195,4 M €↑
2018
Annual accounts 20185,3 M €↑
2017
Annual accounts 20173,4 M €↑
2016
Annual accounts 20162,3 M €↓
2015
Annual accounts 20152,4 M €↓
2014
Annual accounts 20142,5 M €↑
2013
Annual accounts 20131,5 M €↑
2012
Annual accounts 20121 M €↓
2011
Annual accounts 20111,6 M €↑
2010
Annual accounts 2010-1 M €↓
2009
Annual accounts 2009-878,4 k €↓
2008
Annual accounts 20082,2 M €↓
2007
Annual accounts 20072,7 M €↑
2006
Annual accounts 20062,5 M €
2006
Name changeL.V.D. Company
25/01/1952
IncorporationPublic limited company

LVD COMPANY

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline