ACTIVE

Limburgs Secretariaat van de Christene Middenstand

Financial year 2025 · Closed on 31/12/2025

Net result-71,3 k €+36,6 %over 1 year
Gross margin-57,9 k €-10,3 %over 1 year
Equity3,4 M €-2,0 %over 1 year

Identity

Source · BCE/KBO

Limburgs Secretariaat van de Christene Middenstand is a Non-profit organization incorporated in 1934. Its main activity is: Activities of professional membership organisations. Its registered office is in Hasselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0406.558.969
Incorporation
01/10/1934
Legal form
Non-profit organization
Registered office
Herkenrodesingel 12 box 201
3500 Hasselt · FlandreSee on map
Latest accounts
31/12/2025
Joint committees (2)
  • 200
  • 218
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 16 filings

Trend over 16 financial years

20252024202320222021
Income statement
Gross margin-57,9 k €-52,5 k €56,5 k €-45,5 k €-42,3 k €
EBITDA-68,2 k €-109,7 k €55,4 k €-45,6 k €-42,8 k €
Operating result-71,2 k €-112,3 k €55,4 k €-45,6 k €-42,8 k €
Net result-71,3 k €-112,5 k €273,5 k €-52,5 k €-51,5 k €
Balance sheet
Equity3,4 M €3,5 M €3,6 M €3,3 M €3,4 M €
Total assets3,6 M €3,9 M €3,9 M €4,6 M €3,4 M €
Cash213,8 k €432,6 k €613,6 k €228,3 k €134,1 k €
Debts179,5 k €356,4 k €297,3 k €1,3 M €6,9 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 30 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
ARTIFIN0472.282.211Represented by Juri DE GROOTE
Director
000
FABER0657.894.976Represented by Bart Lodewyckx
Director
00
Geert Lambrechts
Vice-chairman of the board of directors
0
HPE Management0812.344.316Represented by Hilde PEERLINGS
Director
0
Mathcha0717.939.857Represented by Wels CHIRSTOPHE
Chairman of the board of directors
00

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Christophe Wels
Director27/05/2015 → 18/05/2016
00
Bertrand Janssen
Director21/05/2014 → 18/05/2016
000
Jean-Pierre Clerinx
Director19/02/2014 → 18/05/2016
000
CINTEC0414.966.196Represented by Rik Jaeken
Director23/05/2012 → 18/05/2016
00

Other companies at this address

Herkenrodesingel 12 3500 Hasselt

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged 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 date30/06/202628/07/202528/06/202431/08/202315/07/202231/08/2021
General meeting22/06/202616/06/202524/06/202415/06/202327/06/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202522/06/202630/06/2026DutchPDF
Micro model31/12/202416/06/202528/07/2025DutchPDF
Micro model31/12/202324/06/202428/06/2024DutchPDF
Micro model31/12/202215/06/202331/08/2023DutchPDF
Abridged model31/12/202127/06/202215/07/2022DutchPDF
Abridged model31/12/202014/06/202131/08/2021DutchPDF
Abridged model31/12/201915/06/202018/08/2020DutchPDF
Abridged model31/12/201824/06/201929/07/2019DutchPDF
Abridged model31/12/201725/06/201831/07/2018DutchPDF
Abridged model31/12/201603/07/201720/07/2017DutchPDF
Abridged model31/12/201519/09/201630/09/2016DutchPDF
Abridged model31/12/201427/05/201509/06/2015DutchPDF
Abridged model31/12/201321/05/201419/06/2014DutchPDF
Abridged model31/12/201215/05/201318/06/2013DutchPDF
Abridged model31/12/201123/05/201204/06/2012DutchPDF
Abridged model31/12/201018/06/201118/07/2011DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

5 active · 30 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
ARTIFIN0472.282.211Represented by Juri DE GROOTE
Director
000
FABER0657.894.976Represented by Bart Lodewyckx
Director
00
Geert Lambrechts
Vice-chairman of the board of directors
0
HPE Management0812.344.316Represented by Hilde PEERLINGS
Director
0
Mathcha0717.939.857Represented by Wels CHIRSTOPHE
Chairman of the board of directors
00

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Christophe Wels
Director27/05/2015 → 18/05/2016
00
Bertrand Janssen
Director21/05/2014 → 18/05/2016
000
Jean-Pierre Clerinx
Director19/02/2014 → 18/05/2016
000
CINTEC0414.966.196Represented by Rik Jaeken
Director23/05/2012 → 18/05/2016
00

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/09/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/02/2021
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates28/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/07/2015
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025-71,3 k €↑
  2. 2024
    Annual accounts 2024-112,5 k €↓
  3. 2024
    Name changeLSCM
  4. 2023
    Annual accounts 2023273,5 k €↑
  5. 2022
    Annual accounts 2022-52,5 k €↓
  6. 2022
    Name changeLimburgs Secretariaat Christene Middenstand, afgekort LSCM
  7. 2021
    Annual accounts 2021-51,5 k €↓
  8. 2020
    Annual accounts 2020-29,8 k €↓
  9. 2019
    Annual accounts 2019-16,7 k €↑
  10. 2018
    Annual accounts 2018-144,7 k €↓
  11. 2017
    Annual accounts 2017-53,6 k €↓
  12. 2016
    Annual accounts 201639,6 k €↓
  13. 2015
    Annual accounts 2015215,9 k €↑
  14. 2014
    Annual accounts 2014-1,7 k €↓
  15. 2013
    Annual accounts 2013227,7 k €↑
  16. 2012
    Annual accounts 2012
  17. 2011
    Annual accounts 2011-228,6 k €↓
  18. 2010
    Annual accounts 20102,4 M €
  19. 01/10/1934
    IncorporationNon-profit organization

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Herkenrodesingel 12 bte 201, 3500 HasseltCurrent
accounts 2023 → 2025 · CBE, tracked since 27/09/2026
Accounts 2025 · 2026-00223252
Maastrichtersteenweg 254, 3500 Hasselt
accounts 2021 → 2022
Accounts 2022 · 2023-00398295

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Limburgs Secretariaat van de Christene MiddenstandCurrent
CBE, tracked since 27/09/2026
CBE
LSCM
accounts 2024 → 2025
Accounts 2025 · 2026-00223252
Limburgs Secretariaat Christene Middenstand, afgekort LSCM
accounts 2022 → 2023
Accounts 2023 · 2024-00179126
LSCM
accounts 2021
Accounts 2021 · 2022-20190352

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.