ACTIVE

Limburgse Vleugels

Financial year 2025 · closed on 31/12/2025
Net result
154,8 k €
-30.2% YoY
Gross margin
376 k €
+8.8% YoY
Equity
1,1 M €
+17.0% YoY

What does Limburgse Vleugels do?

Limburgse Vleugels is a Non-profit organization incorporated in 1957. Its registered office is in Genk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0407.038.328
Incorporation
05/07/1957
Legal form
Non-profit organization
Registered office
Vliegplein 1
3600 Genk · FlandreSee on map
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin376 k €345,7 k €186,1 k €
EBITDA271,8 k €307,6 k €164,4 k €
Operating result164,2 k €230,2 k €152,8 k €
Net result154,8 k €221,7 k €149,1 k €
Balance sheet
Equity1,1 M €912,9 k €691,3 k €
Total assets1,2 M €1,1 M €730,9 k €
Cash225,1 k €222,9 k €257,7 k €
Debts117,6 k €197,4 k €39,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 9 active · 7 ended

Active mandates

Koen Coenjaerts

Director · since 26 janvier 2024

Active
Bjorn Di-Paolo

secretaris van de raad van bestuur · since 28 janvier 2022

Active
Joeri Gerrits

Director · since 28 janvier 2022

Active
Luc Hellings

Director · since 25 janvier 2019

Active
Henri Dreesen

Director · since 27 janvier 2017

Active
Frank De Paepe

Voorzitter · since 25 janvier 2008

Active
Michel Notelaers

Director · since 11 juin 2004

Active
Paul Spaepen

Director · since 11 juin 2004

Active
Robert Pollaris

Andere functie · since 25 janvier 2002

Active

Ended mandates

Bjorn Di-Paolo

Director · since 28 janvier 2022

Ended
Benno Beenders

Director · since 25 janvier 2008 · until 26 janvier 2024

Ended
Frank De Paepe

Chairman of the board of directors · since 25 janvier 2008

Ended
Frank De Paepe

Director · since 25 janvier 2008

Ended
At this address

Other companies at this address

CompanyCBE no.
E.V. GENKActive
0885.244.566
FLIGHT ADVISEActive
0878.675.092
Annual accounts

Full financial information

202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months12 months
Filing date13/08/202630/07/202527/11/2024
General meeting30/01/202631/01/202527/01/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/01/202613/08/2026DutchPDF
Micro model31/12/202431/01/202530/07/2025DutchPDF
Micro model31/12/202327/01/202427/11/2024DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 9 active · 7 ended

Active mandates

Koen Coenjaerts

Director · since 26 janvier 2024

Active
Bjorn Di-Paolo

secretaris van de raad van bestuur · since 28 janvier 2022

Active
Joeri Gerrits

Director · since 28 janvier 2022

Active
Luc Hellings

Director · since 25 janvier 2019

Active
Henri Dreesen

Director · since 27 janvier 2017

Active
Frank De Paepe

Voorzitter · since 25 janvier 2008

Active
Michel Notelaers

Director · since 11 juin 2004

Active
Paul Spaepen

Director · since 11 juin 2004

Active
Robert Pollaris

Andere functie · since 25 janvier 2002

Active

Ended mandates

Bjorn Di-Paolo

Director · since 28 janvier 2022

Ended
Benno Beenders

Director · since 25 janvier 2008 · until 26 janvier 2024

Ended
Frank De Paepe

Chairman of the board of directors · since 25 janvier 2008

Ended
Frank De Paepe

Director · since 25 janvier 2008

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates09/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/01/2015
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025154,8 k €
  2. 2024
    Annual accounts 2024221,7 k €
  3. 2023
    Annual accounts 2023149,1 k €
  4. 05/07/1957
    IncorporationNon-profit organization