ACTIVE

LEMAHIEU GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

-486,5 k €

+73.7% YoY

Revenue

101,6 M €

+12.9% YoY

Equity

20,6 M €

-2.3% YoY

Workforce

69,9 ETP

+8.4% YoY

What does LEMAHIEU GROUP do?

LEMAHIEU GROUP is a Public limited company incorporated in 1941. Its registered office is in Gent. It employs on average 69,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.350.825

Incorporation

01/05/1941

Legal form

Public limited company

Registered office

Zuiddokweg 44
9000 Gent · FlandreSee on map

Contributed capital

2 775 000,00 €

Latest accounts

31/12/2025

Average workforce

69,9 ETP

Joint committees (4)

12503
200
2000
218

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	101,6 M €	+12.9%	90 M €	-2.2%	92,1 M €	-18.8%	113,4 M €	-10.2%	126,2 M €	+79.0%	70,5 M €	+140%	29,4 M €	+3.3%	28,5 M €	-11.7%	32,3 M €	+0.9%	32 M €	+12.3%	28,5 M €	+0.7%	28,3 M €	+2.8%	27,5 M €	+10.2%	24,9 M €	+19.4%	20,9 M €	-9.9%	23,2 M €	-20.2%	29,1 M €	-8.0%	31,6 M €
EBITDA	2,9 M €	+265%	781,3 k €	+142%	-1,9 M €	-167%	2,8 M €	-83.6%	16,9 M €	+678%	2,2 M €	+46.4%	1,5 M €	+18.0%	1,3 M €	-29.7%	1,8 M €	-2.3%	1,8 M €	+21.8%	1,5 M €	+62.9%	919 k €	-30.4%	1,3 M €	-30.7%	1,9 M €	+102%	943,5 k €	-14.0%	1,1 M €	-56.5%	2,5 M €	-22.8%	3,3 M €
Operating result	936,3 k €	+212%	-836,1 k €	+81.2%	-4,5 M €	-385%	1,6 M €	-89.8%	15,3 M €	+1567%	918,5 k €	+23.9%	741,5 k €	+54.6%	479,5 k €	-47.1%	907,2 k €	-16.6%	1,1 M €	+87.7%	579,6 k €	-1.6%	589,2 k €	+387%	120,9 k €	-86.0%	861,6 k €	+16945%	5,1 k €	-97.5%	204,8 k €	-84.9%	1,4 M €	-51.6%	2,8 M €
Net result	-486,5 k €	+73.7%	-1,9 M €	+61.9%	-4,9 M €	-592%	987,2 k €	-91.7%	11,9 M €	+357%	2,6 M €	+666%	340,5 k €	+192%	116,6 k €	-83.3%	696,5 k €	-4.4%	728,4 k €	+75.4%	415,2 k €	+46.1%	284,3 k €	+232%	-215,7 k €	-130%	720,1 k €	+479%	-189,8 k €	+45.5%	-348,2 k €	-178%	449,1 k €	-79.0%	2,1 M €
Balance sheet
Equity	20,6 M €	-2.3%	21,1 M €	-8.1%	22,9 M €	-17.5%	27,8 M €	+2.6%	27,1 M €	+57.0%	17,3 M €	+29.2%	13,4 M €	+2.4%	13,1 M €	+0.7%	13 M €	+5.6%	12,3 M €	+6.3%	11,5 M €	+3.7%	11,1 M €	+2.6%	10,8 M €	-1.9%	11,1 M €	+7.0%	10,3 M €	-1.8%	10,5 M €	-3.2%	10,9 M €	+4.3%	10,4 M €
Total assets	64,7 M €	-4.6%	67,8 M €	+11.4%	60,9 M €	-5.9%	64,7 M €	-8.3%	70,6 M €	+54.9%	45,6 M €	+52.4%	29,9 M €	+8.6%	27,5 M €	+3.9%	26,5 M €	-6.0%	28,2 M €	+7.0%	26,4 M €	+6.6%	24,7 M €	+8.5%	22,8 M €	+15.5%	19,7 M €	+11.0%	17,8 M €	-14.7%	20,9 M €	-11.9%	23,7 M €	+11.2%	21,3 M €
Cash	250,5 k €	-77.0%	1,1 M €	+21.2%	900,4 k €	+122%	406,1 k €	-63.9%	1,1 M €	+124%	501,7 k €	+239%	147,9 k €	-78.7%	695 k €	+93.9%	358,4 k €	+60.3%	223,6 k €	-5.9%	237,7 k €	-16.3%	284 k €	+7.1%	265 k €	-29.7%	377,1 k €	+123%	169,3 k €	-15.8%	201 k €	-49.8%	400,2 k €	+26.7%	316 k €
Debts	42,7 M €	-6.5%	45,7 M €	+23.4%	37 M €	+5.0%	35,2 M €	-15.3%	41,6 M €	+49.3%	27,9 M €	+71.7%	16,2 M €	+14.3%	14,2 M €	+6.9%	13,3 M €	-15.1%	15,6 M €	+7.2%	14,6 M €	+10.1%	13,2 M €	+14.1%	11,6 M €	+36.9%	8,5 M €	+16.9%	7,3 M €	-28.0%	10,1 M €	-19.4%	12,5 M €	+18.5%	10,5 M €
Other
Workforce	69,9 ETP	+8.4%	64,5 ETP	-9.0%	70,9 ETP	-3.4%	73,4 ETP	+6.1%	69,2 ETP	+6.8%	64,8 ETP	+40.0%	46,3 ETP	+5.2%	44,0 ETP	+3.3%	42,6 ETP	-0.7%	42,9 ETP	+1.4%	42,3 ETP	+1.2%	41,8 ETP	-3.0%	43,1 ETP	+12.8%	38,2 ETP	+0.8%	37,9 ETP	-4.1%	39,5 ETP	-2.5%	40,5 ETP	+1.3%	40,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 38 ended

Active mandates

CADUS

Director · since 04 juin 2025 · until 29 mai 2029 · 0874.968.902

Represented by Johan Castelein

Active

Strike Management Company

Director · since 21 août 2024 · until 28 mai 2030 · 0433.329.484

Represented by Bertrand Donck

Active

PH-PROMOTION

Director · since 13 décembre 2023 · until 29 mai 2029 · 0873.851.323

Represented by Philippe HANET

Active

TPJE

Managing director · since 13 décembre 2023 · until 29 mai 2029 · 0634.909.441

Represented by Michel LEMAHIEU

Active

Ended mandates

ALBATROS MANAGEMENT COMPANY

Director · since 13 décembre 2023 · until 29 mai 2029 · 0866.543.560

Represented by Bertrand DONCK

Ended

FINSPIRATION

Managing director · since 13 décembre 2023 · until 29 mai 2029 · 0688.840.154

Represented by Tom DEKEYSER

Ended

ALBATROS MANAGEMENT COMPANY

Director · since 25 mai 2021 · until 25 mai 2027 · 0866.543.560

Represented by Bertrand DONCK

Ended

FINSPIRATION

Managing director · since 25 mai 2021 · until 25 mai 2027 · 0688.840.154

Represented by Tom DEKEYSER

Ended

Annual accounts

Full financial information

	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	30/06/2026	03/07/2025	11/07/2024	28/06/2023	14/06/2022	04/06/2021
General meeting	28/05/2026	04/06/2025	06/06/2024	30/05/2023	31/05/2022	25/05/2021
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

39 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	28/05/2026	30/06/2026	Dutch	PDF
Full model	31/12/2024	04/06/2025	03/07/2025	Dutch	PDF
Consolidated accounts	31/12/2024	04/06/2025	03/07/2025	Dutch	PDF
Full model	31/12/2023	06/06/2024	11/07/2024	Dutch	PDF
Consolidated accounts	31/12/2023	06/06/2024	11/07/2024	Dutch	PDF
Full model	31/12/2022	30/05/2023	28/06/2023	Dutch	PDF
Consolidated accounts	31/12/2022	30/05/2023	28/06/2023	Dutch	PDF
Full model	31/12/2021	31/05/2022	14/06/2022	Dutch	PDF
Consolidated accounts	31/12/2021	31/05/2022	15/06/2022	Dutch	PDF
Full model	31/12/2020	25/05/2021	04/06/2021	Dutch	PDF
Consolidated accounts	31/12/2020	25/05/2021	04/06/2021	Dutch	PDF
Full model	31/12/2019	11/06/2020	30/06/2020	Dutch	PDF
Consolidated accounts	31/12/2019	11/06/2020	30/06/2020	Dutch	PDF
Full model	31/12/2018	28/05/2019	03/06/2019	Dutch	PDF
Consolidated accounts	31/12/2018	01/01/9999	03/06/2019	Dutch	PDF
Full model	31/12/2017	29/05/2018	15/06/2018	Dutch	PDF
Consolidated accounts	31/12/2017	29/05/2018	15/06/2018	Dutch	PDF
Full model	31/12/2016	30/05/2017	26/06/2017	Dutch	PDF
Consolidated accounts	31/12/2016	30/05/2017	26/06/2017	Dutch	PDF
Full model	31/12/2015	31/05/2016	02/06/2016	Dutch	PDF
Consolidated accounts	31/12/2015	31/05/2016	02/06/2016	Dutch	PDF
Full model	31/12/2014	26/05/2015	01/07/2015	Dutch	PDF
Consolidated accounts	31/12/2014	26/05/2015	07/07/2015	Dutch	PDF
Full model	31/12/2013	27/05/2014	04/08/2014	Dutch	PDF

View all 39 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 38 ended

Active mandates

CADUS

Director · since 04 juin 2025 · until 29 mai 2029 · 0874.968.902

Represented by Johan Castelein

Active

Strike Management Company

Director · since 21 août 2024 · until 28 mai 2030 · 0433.329.484

Represented by Bertrand Donck

Active

PH-PROMOTION

Director · since 13 décembre 2023 · until 29 mai 2029 · 0873.851.323

Represented by Philippe HANET

Active

TPJE

Managing director · since 13 décembre 2023 · until 29 mai 2029 · 0634.909.441

Represented by Michel LEMAHIEU

Active

Ended mandates

ALBATROS MANAGEMENT COMPANY

Director · since 13 décembre 2023 · until 29 mai 2029 · 0866.543.560

Represented by Bertrand DONCK

Ended

FINSPIRATION

Managing director · since 13 décembre 2023 · until 29 mai 2029 · 0688.840.154

Represented by Tom DEKEYSER

Ended

ALBATROS MANAGEMENT COMPANY

Director · since 25 mai 2021 · until 25 mai 2027 · 0866.543.560

Represented by Bertrand DONCK

Ended

FINSPIRATION

Managing director · since 25 mai 2021 · until 25 mai 2027 · 0688.840.154

Represented by Tom DEKEYSER

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring19/07/2018
BENAMING - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 2025-486,5 k €↑
04/06/2025
nominationNV CADUS — bestuurder
2024
Annual accounts 2024-1,9 M €↑
21/08/2024
nominationStrike Management Company — bestuurder
2023
Annual accounts 2023-4,9 M €↓
30/05/2023
reconductionMoore Audit BV — commissaris
30/05/2023
nominationWendy Van der Biest — vaste vertegenwoordiger
2022
Annual accounts 2022987,2 k €↓
2021
Annual accounts 202111,9 M €↑
2018
Annual accounts 20182,6 M €↑
2018
Name changeLemahieu Group
2017
Annual accounts 2017340,5 k €↑
2016
Annual accounts 2016116,6 k €↓
2015
Annual accounts 2015696,5 k €↓
2014
Annual accounts 2014728,4 k €↑
2013
Annual accounts 2013415,2 k €↑
2012
Annual accounts 2012284,3 k €↑
2011
Annual accounts 2011-215,7 k €↓
2010
Annual accounts 2010720,1 k €↑
2009
Annual accounts 2009-189,8 k €↑
2008
Annual accounts 2008-348,2 k €↓
2007
Annual accounts 2007449,1 k €↓
2006
Annual accounts 20062,1 M €
2006
Name changeHoutimport Lemahieu Importation Bois Lemahieu
01/05/1941
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

LEMAHIEU GROUP

Overview

What does LEMAHIEU GROUP do?

Trend over 18 financial years

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