ACTIVE

NLMK LA LOUVIERE

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Financial year 2025 · Closed on 31/12/2025

Net result-106,8 M €-0,8 %over 1 year
Revenue238,3 M €-1,7 %over 1 year
Equity51 M €-44,8 %over 1 year
Workforce601,7 ETP+3,4 %over 1 year

Identity

Source · BCE/KBO

NLMK LA LOUVIERE is a Public limited company incorporated in 1976. Its main activity is: Manufacture of basic iron and steel and of ferro-alloys. Its registered office is in La Louvière. It employs on average 601,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0417.374.172
Incorporation
01/07/1976
Legal form
Public limited company
Registered office
Rue des Rivaux(L.L) 2
7100 La Louvière · WallonieSee on map
Contributed capital
63 000 000,00 €
Latest accounts
31/12/2025
Average workforce
601,7 ETP
Joint committees (4)
  • 104
  • 111
  • 209
  • 210
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 26 filings

Trend over 9 financial years

20252024202320222021
Income statement
Revenue238,3 M €242,3 M €217,5 M €283,4 M €201,6 M €
EBITDA-66,6 M €-68,1 M €-128,9 M €-103,4 M €18,1 M €
Operating result-96,7 M €-91,5 M €-146,5 M €-116,3 M €294,1 k €
Net result-106,8 M €-105,9 M €-156,7 M €-119,2 M €-2 M €
Balance sheet
Equity51 M €92,5 M €78,5 M €24,7 M €40,9 M €
Total assets451,6 M €388,8 M €339,1 M €410,9 M €329 M €
Cash2,3 M €1,2 M €1,6 M €9,2 M €90,9 k €
Debts389,9 M €284,9 M €244,1 M €367,8 M €261,3 M €
Other
Workforce601,7 ETP582,0 ETP577,6 ETP591,5 ETP580,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 21 ended

Active mandates

GIOVANNI BORINELLI

Chairman of the board of directors · since 01 juin 2026 · until 02 juin 2032

Active
Wallonie Entreprendre

Director · since 10 septembre 2023 · until 06 juin 2029 · 0793.630.244

Represented by SARAH KRINS

Active
MARIA STAROSTINA

Director · since 29 juin 2023 · until 06 juin 2029

Active
SEBASTIEN DURIEUX

Director · since 19 décembre 2022 · until 07 juin 2028

Active
HORACIO MALFATTO

Director · since 02 mai 2022 · until 07 juin 2028

Active
CORNELIUS LOUWRENS

Chairman of the board of directors · since 03 août 2020 · until 31 mai 2026

Active

Ended mandates

Wallonie Entreprendre

Director · since 10 septembre 2023 · until 02 mai 2029 · 0793.630.244

Represented by SARAH KRINS

Ended
Wallonie Entreprendre

Director · since 10 septembre 2023 · until 06 juin 2029 · 0793.630.244

Represented by SARAH KRINS

Ended
MARIA STAROSTINA

Director · since 29 juin 2023 · until 02 mai 2029

Ended
SEBASTIEN DURIEUX

Director · since 19 décembre 2022 · until 03 mai 2028

Ended

Other companies at this address

Rue des Rivaux(L.L) 2 7100 La Louvière
CompanyCBE no.
NLMK BELGIUM HOLDINGS● Active
0473.110.669
NLMK Belgium Holdings Group● Active
1013.844.097
TUBES DE HAREN ET NIMY● Active
0405.746.149

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date04/09/202608/07/202501/08/202417/07/202303/06/202208/07/2021
General meeting31/08/202630/06/202527/06/202429/06/202325/05/202205/05/2021
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, 26 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202531/08/202604/09/2026FrenchPDF
Full model31/12/202430/06/202508/07/2025FrenchPDF
Full model31/12/202327/06/202401/08/2024FrenchPDF
Full model31/12/202229/06/202317/07/2023FrenchPDF
Full model31/12/202125/05/202203/06/2022FrenchPDF
Full model31/12/202005/05/202108/07/2021FrenchPDF
Full model31/12/201903/06/202022/06/2020FrenchPDF
Full model31/12/201805/06/201917/06/2019FrenchPDF
Full model31/12/201706/06/201821/06/2018FrenchPDF
Full model31/12/201607/06/201721/06/2017FrenchPDF
Full model31/12/201501/06/201608/06/2016FrenchPDF
Full model31/12/201403/06/201516/06/2015FrenchPDF
Full model31/12/201304/06/201408/09/2014FrenchPDF
Full model31/12/201205/06/201319/06/2013FrenchPDF
Full model31/12/201106/06/201220/06/2012DutchPDF
Full model31/12/201106/06/201220/06/2012FrenchPDF
Full model31/12/201001/06/201120/06/2011DutchPDF
Full model31/12/201001/06/201120/06/2011FrenchPDF
Full model31/12/200902/06/201007/07/2010DutchPDF
Full model31/12/200902/06/201007/07/2010FrenchPDF
Full model31/12/200803/06/200925/06/2009DutchPDF
Full model31/12/200803/06/200925/06/2009FrenchPDF
Full model30/09/200721/02/200820/03/2008DutchPDF
Full model30/09/200721/02/200820/03/2008FrenchPDF

View all 26 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

6 active · 21 ended

Active mandates

GIOVANNI BORINELLI

Chairman of the board of directors · since 01 juin 2026 · until 02 juin 2032

Active
Wallonie Entreprendre

Director · since 10 septembre 2023 · until 06 juin 2029 · 0793.630.244

Represented by SARAH KRINS

Active
MARIA STAROSTINA

Director · since 29 juin 2023 · until 06 juin 2029

Active
SEBASTIEN DURIEUX

Director · since 19 décembre 2022 · until 07 juin 2028

Active
HORACIO MALFATTO

Director · since 02 mai 2022 · until 07 juin 2028

Active
CORNELIUS LOUWRENS

Chairman of the board of directors · since 03 août 2020 · until 31 mai 2026

Active

Ended mandates

Wallonie Entreprendre

Director · since 10 septembre 2023 · until 02 mai 2029 · 0793.630.244

Represented by SARAH KRINS

Ended
Wallonie Entreprendre

Director · since 10 septembre 2023 · until 06 juin 2029 · 0793.630.244

Represented by SARAH KRINS

Ended
MARIA STAROSTINA

Director · since 29 juin 2023 · until 02 mai 2029

Ended
SEBASTIEN DURIEUX

Director · since 19 décembre 2022 · until 03 mai 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/08/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares14/10/2025
    CAPITAL, ACTIONS
    PDF
  • Mandates27/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other23/12/2024
    ASSEMBLEE GENERALE
    PDF
  • Other11/10/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates22/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other07/03/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 2025-106,8 M €↓
  2. 16/09/2025
    augmentation_capital
  3. 16/09/2025
    reduction_capital
  4. 30/06/2025
    reconductionCatherine Saey — commissaire
  5. 2024
    Annual accounts 2024-105,9 M €↑
  6. 01/11/2024
    nominationGiovanni Borinelli — délégué à la gestion journalière
  7. 2023
    Annual accounts 2023-156,7 M €↓
  8. 28/11/2023
    nominationFabien WALCH — délégué à la gestion journalière
  9. 10/09/2023
    nominationWALLONIE ENTREPRENDRE SA — administrateur
  10. 29/06/2023
    reconductionMaria Starostina — administrateur
  11. 21/04/2023
    nominationCornelius Louwrens — Président du Conseil d'Administration
  12. 01/01/2023
    nominationGuillaume Laisne — délégué à la gestion journalière
  13. 2022
    Annual accounts 2022-119,2 M €↓
  14. 19/12/2022
    nominationSébastien Durieux — administrateur
  15. 01/09/2022
    nominationCatherine Saey — commissaire
  16. 02/05/2022
    nominationHoracio Malfatto — administrateur
  17. 2021
    Annual accounts 2021-2 M €↑
  18. 2020
    Annual accounts 2020-76,7 M €↑
  19. 2019
    Annual accounts 2019-96,1 M €↓
  20. 2018
    Annual accounts 2018-64,4 M €↓
  21. 2017
    Annual accounts 2017-9,5 M €
  22. 01/07/1976
    IncorporationPublic limited company