NORMAL SITUATION

LASH TECH

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Financial year 2025 · closed on 31/12/2025

Net result

47,6 k €

-43.2% YoY

Gross margin

333,9 k €

-34.8% YoY

Equity

1,0 M €

+5.0% YoY

Workforce

2,4 ETP

-22.6% YoY

Company — Normal situation.

Strike-off: 24 juin 2026

What does LASH TECH do?

LASH TECH is a Public limited company incorporated in 1968. It employs on average 2,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0406.497.702

Incorporation

29/03/1968

Legal form

Public limited company

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

2,4 ETP

Joint committees (4)

100
1000
226
2260

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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
Gross margin	333,9 k €	-34.8%	512,3 k €	+33.0%	385,1 k €	-32.6%	571,6 k €	+58.7%	360,3 k €	-27.6%	497,5 k €	+24.5%	399,8 k €	-18.2%	488,9 k €	+18.0%	414,4 k €	+7.5%	385,3 k €	+23.9%	311,0 k €	-23.9%	408,4 k €	+41.7%	288,3 k €	-20.0%	360,2 k €	+19.2%	302,2 k €	-0.9%	305,0 k €	+11.8%	272,7 k €	+7.3%	254,3 k €
EBITDA	91,5 k €	-30.1%	131,0 k €	+964%	12,3 k €	-79.8%	60,9 k €	-18.2%	74,4 k €	-62.5%	198,7 k €	+124%	88,7 k €	-58.9%	215,5 k €	+69.6%	127,1 k €	+25.4%	101,3 k €	+192%	34,7 k €	-73.5%	131,2 k €	+653%	17,4 k €	-83.8%	107,5 k €	+125%	47,7 k €	-5.8%	50,6 k €	+149%	20,3 k €	-36.2%	31,8 k €
Operating result	90,8 k €	-29.8%	129,3 k €	+325%	30,4 k €	-65.6%	88,4 k €	+22.4%	72,2 k €	-36.5%	113,7 k €	-0.2%	114,0 k €	-37.1%	181,1 k €	+33.1%	136,1 k €	+40.6%	96,8 k €	+143%	39,9 k €	-52.9%	84,6 k €	+392%	17,2 k €	-83.3%	102,8 k €	+415%	19,9 k €	-55.8%	45,1 k €	+286%	11,7 k €	-8.0%	12,7 k €
Net result	47,6 k €	-43.2%	83,8 k €	+398%	16,8 k €	-79.3%	81,3 k €	+74.0%	46,8 k €	-31.8%	68,6 k €	+0.2%	68,5 k €	-37.8%	110,1 k €	+382%	22,8 k €	-37.9%	36,8 k €	-34.2%	55,9 k €	-53.8%	121,0 k €	+300%	30,2 k €	-47.9%	58,0 k €	+71.4%	33,8 k €	+4.0%	32,5 k €	+115%	15,1 k €	+20.6%	12,5 k €
Balance sheet
Equity	1,0 M €	+5.0%	960,4 k €	+9.6%	876,5 k €	+2.0%	859,7 k €	+10.5%	778,3 k €	+9.0%	714,0 k €	+10.6%	645,4 k €	+11.9%	576,9 k €	-13.5%	666,8 k €	+3.5%	644,0 k €	+6.1%	607,2 k €	+10.1%	551,3 k €	+28.1%	430,3 k €	+7.6%	400,1 k €	+16.9%	342,1 k €	+11.0%	308,3 k €	+11.8%	275,8 k €	+5.8%	260,7 k €
Total assets	1,2 M €	-6.8%	1,3 M €	-5.6%	1,4 M €	+18.3%	1,2 M €	-10.1%	1,3 M €	-13.3%	1,5 M €	+1.1%	1,5 M €	+12.4%	1,3 M €	-4.1%	1,4 M €	-1.2%	1,4 M €	+3.6%	1,3 M €	-0.9%	1,3 M €	-0.1%	1,3 M €	+31.6%	1,0 M €	-16.2%	1,2 M €	-9.4%	1,3 M €	+43.0%	938,3 k €	-16.6%	1,1 M €
Cash	37,4 k €	-85.8%	263,7 k €	-54.6%	580,4 k €	+51.0%	384,5 k €	-26.1%	520,0 k €	+64.8%	315,6 k €	-29.2%	445,5 k €	-10.7%	499,0 k €	-17.0%	601,5 k €	-0.4%	603,9 k €	+22.1%	494,7 k €	-10.7%	553,8 k €	-12.1%	629,8 k €	+33.6%	471,4 k €	-3.4%	488,0 k €	+13.1%	431,6 k €	+183%	152,4 k €	-59.4%	375,4 k €
Debts	191,2 k €	-41.5%	326,7 k €	-32.8%	486,3 k €	+66.3%	292,4 k €	-41.4%	499,3 k €	-34.2%	758,4 k €	-6.5%	810,9 k €	+12.6%	720,5 k €	+4.8%	687,4 k €	-5.4%	726,6 k €	+1.6%	715,4 k €	-8.3%	780,5 k €	-13.8%	905,8 k €	+46.9%	616,6 k €	-28.6%	864,2 k €	-15.8%	1,0 M €	+55.8%	658,8 k €	-23.2%	857,7 k €
Other
Workforce	2,4 ETP	-22.6%	3,1 ETP	-11.4%	3,5 ETP	-2.8%	3,6 ETP	+28.6%	2,8 ETP	0.0%	2,8 ETP	0.0%	2,8 ETP	0.0%	2,8 ETP	0.0%	2,8 ETP	-6.7%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	-3.2%	3,1 ETP	-3.1%	3,2 ETP	-3.0%	3,3 ETP	+10.0%	3,0 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 22 ended

Active mandates

SALENCO

Director · since 28 novembre 2024 · 0439.746.530

Represented by Saelens LAURA

Active

Ended mandates

Ruth Vermeir

Director · since 03 avril 2018 · until 01 avril 2020

Ended

Ruth Vermeir

Director · since 03 avril 2018 · until 01 avril 2024

Ended

Jan Smits

Director · since 01 avril 2014

Ended

Jan Smits

Managing director · since 01 avril 2014 · until 01 avril 2020

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	10/07/2026	04/07/2025	18/11/2024	26/01/2024	30/09/2022	20/10/2021
General meeting	21/05/2026	12/06/2025	30/07/2024	29/11/2023	30/06/2022	25/09/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	21/05/2026	10/07/2026	Dutch	PDF
Abridged model	31/12/2024	12/06/2025	04/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/07/2024	18/11/2024	Dutch	PDF
Abridged model	31/12/2022	29/11/2023	26/01/2024	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	30/09/2022	Dutch	PDF
Abridged model	31/12/2020	25/09/2021	20/10/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	13/11/2020	Dutch	PDF
Abridged model	31/12/2018	28/09/2019	30/09/2019	Dutch	PDF
Abridged model	31/12/2017	03/04/2018	27/08/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	28/09/2016	Dutch	PDF
Abridged model	31/12/2014	22/04/2015	21/05/2015	Dutch	PDF
Abridged model	31/12/2013	27/05/2014	25/06/2014	Dutch	PDF
Abridged model	31/12/2012	02/04/2013	24/04/2013	Dutch	PDF
Abridged model	31/12/2011	01/04/2012	19/06/2012	Dutch	PDF
Abridged model	31/12/2010	22/04/2011	09/06/2011	Dutch	PDF
Abridged model	31/12/2009	22/04/2010	18/06/2010	Dutch	PDF
Abridged model	31/12/2008	22/04/2009	20/05/2009	Dutch	PDF
Abridged model	31/12/2007	01/04/2008	30/04/2008	Dutch	PDF
Abridged model	31/12/2006	02/04/2007	27/04/2007	Dutch	PDF

Estimate

Indicative valuation

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 · 1 active · 22 ended

Active mandates

SALENCO

Director · since 28 novembre 2024 · 0439.746.530

Represented by Saelens LAURA

Active

Ended mandates

Ruth Vermeir

Director · since 03 avril 2018 · until 01 avril 2020

Ended

Ruth Vermeir

Director · since 03 avril 2018 · until 01 avril 2024

Ended

Jan Smits

Director · since 01 avril 2014

Ended

Jan Smits

Managing director · since 01 avril 2014 · until 01 avril 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring01/07/2026
FUSIE DOOR OVERNEMING GELIJKGESTELDE VERRICHTINGEN
PDF
Restructuring06/05/2026
Fusievoorstel inzake fusie door overneming gelijkgestelde verrichtingen
PDF
Other21/02/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ALGEMENE VERGADERING
PDF
Mandates23/01/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/10/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2008
ONTSLAGEN - BENOEMINGEN
PDF
Other29/11/2002
DIVERSEN
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 202547,6 k €↓
2024
Annual accounts 202483,8 k €↑
2023
Annual accounts 202316,8 k €↓
2022
Annual accounts 202281,3 k €↑
2021
Annual accounts 202146,8 k €↓
2018
Annual accounts 201868,6 k €↑
2017
Annual accounts 201768,5 k €↓
2016
Annual accounts 2016110,1 k €↑
2015
Annual accounts 201522,8 k €↓
2014
Annual accounts 201436,8 k €↓
2013
Annual accounts 201355,9 k €↓
2012
Annual accounts 2012121,0 k €↑
2011
Annual accounts 201130,2 k €↓
2010
Annual accounts 201058,0 k €↑
2009
Annual accounts 200933,8 k €↑
2008
Annual accounts 200832,5 k €↑
2007
Annual accounts 200715,1 k €↑
2006
Annual accounts 200612,5 k €
29/03/1968
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

LASH TECH

Overview

What does LASH TECH do?

Trend over 18 financial years

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