ACTIVE

LEMAN

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Financial year 2025 · closed on 31/12/2025

Net result

73,2 k €

+100.2% YoY

Gross margin

396,3 k €

+20.3% YoY

Equity

681,3 k €

+12.0% YoY

Workforce

3,0 ETP

+11.1% YoY

What does LEMAN do?

LEMAN is a Public limited company incorporated in 1981. Its main activity is: Wholesale of machine tools. Its registered office is in Wemmel. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0421.633.066

Incorporation

12/06/1981

Legal form

Public limited company

Registered office

Rue de l'Ecole 4
1780 Wemmel · FlandreSee on map

Contributed capital

75 000,00 €

Latest accounts

31/12/2025

Average workforce

3,0 ETP

Activities (NACE)

46620Wholesale of machine tools· main 46620Wholesale of machine tools 51810Air transport

Joint committees (4)

100
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	396,3 k €	+20.3%	329,5 k €	-22.2%	423,7 k €	+22.8%	345 k €	+5.6%	326,8 k €	-25.0%	435,6 k €	-12.3%	496,6 k €	+0.6%	493,6 k €	+12.5%	438,7 k €	+22.3%	358,6 k €	+20.5%	297,6 k €	+4.5%	284,7 k €	+111%	135,3 k €	+27.4%	106,2 k €	-19.5%	131,8 k €	-38.8%	215,4 k €	+7.7%	200 k €	-14.1%	232,7 k €	-16.4%	278,4 k €	-2.4%	285,2 k €
EBITDA	119,8 k €	+47.2%	81,4 k €	-55.0%	180,8 k €	+43.0%	126,5 k €	+74.7%	72,4 k €	-64.9%	206,5 k €	-10.7%	231,3 k €	+33.9%	172,8 k €	+28.1%	134,9 k €	+214%	42,9 k €	+22.4%	35 k €	-29.4%	49,6 k €	-16.8%	59,7 k €	+1041%	5,2 k €	-69.5%	17,1 k €	-73.0%	63,5 k €	+1322%	4,5 k €	+108%	-53,4 k €	-171%	74,9 k €	+115%	34,8 k €
Operating result	112 k €	+70.3%	65,7 k €	-60.0%	164,5 k €	+89.8%	86,7 k €	+78.4%	48,6 k €	-72.9%	179,4 k €	-5.7%	190,3 k €	+46.8%	129,6 k €	+27.2%	101,9 k €	+857%	10,6 k €	+1819%	554,9 €	+110%	-5,7 k €	-120%	28 k €	+190%	-31,1 k €	+5.5%	-32,9 k €	-277%	18,6 k €	+143%	-43,8 k €	+55.7%	-99 k €	-325%	44 k €	+182%	15,6 k €
Net result	73,2 k €	+100%	36,6 k €	-66.8%	110,2 k €	+96.7%	56 k €	+127%	24,7 k €	-80.9%	129,8 k €	+19.6%	108,6 k €	+429%	20,5 k €	+584%	3 k €	-72.3%	10,8 k €	+99.2%	5,4 k €	+252%	1,5 k €	-95.0%	30,9 k €	+199%	-31,2 k €	-12.9%	-27,7 k €	-257%	17,6 k €	+137%	-47,4 k €	-109%	-22,7 k €	-175%	30,3 k €	+32639%	92,6 €
Balance sheet
Equity	681,3 k €	+12.0%	608,1 k €	+6.4%	571,5 k €	+23.9%	461,3 k €	+13.8%	405,2 k €	-37.7%	650,5 k €	+59.8%	407 k €	-1.2%	412,1 k €	+5.2%	391,6 k €	+0.8%	388,6 k €	+2.9%	377,8 k €	+1.5%	372,4 k €	+0.4%	370,8 k €	+9.1%	339,9 k €	-8.4%	371,2 k €	-6.9%	398,8 k €	+4.6%	381,2 k €	-11.1%	428,7 k €	-5.0%	451,4 k €	+7.2%	421,1 k €
Total assets	1,1 M €	+16.0%	965 k €	-1.8%	982,6 k €	+11.7%	879,5 k €	-10.9%	987,5 k €	-8.7%	1,1 M €	+71.0%	632,5 k €	-24.4%	837 k €	+8.0%	775 k €	+26.3%	613,4 k €	+6.8%	574,5 k €	-7.5%	621,1 k €	+3.3%	601,4 k €	+29.5%	464,3 k €	-21.4%	591 k €	+16.7%	506,7 k €	+1.7%	498,3 k €	-15.8%	592 k €	-14.2%	689,7 k €	+2.2%	674,9 k €
Cash	285,8 k €	+27.6%	224 k €	-21.3%	284,4 k €	+46.1%	194,6 k €	-22.9%	252,5 k €	-31.3%	367,6 k €	+33.0%	276,4 k €	+16.5%	237,2 k €	+99.0%	119,2 k €	-40.3%	199,7 k €	+42.9%	139,8 k €	-27.5%	192,9 k €	-43.8%	343,5 k €	+43.3%	239,7 k €	-4.9%	252,1 k €	+27.5%	197,8 k €	+44.4%	137 k €	-2.5%	140,5 k €	-16.4%	168 k €	-0.3%	168,5 k €
Debts	410,6 k €	+24.7%	329,2 k €	-14.0%	383 k €	-1.8%	390,1 k €	-29.6%	554,2 k €	+37.5%	403,1 k €	+78.8%	225,5 k €	-10.0%	250,6 k €	-14.6%	293,3 k €	+30.5%	224,8 k €	+14.2%	196,7 k €	-20.9%	248,7 k €	+7.9%	230,6 k €	+85.4%	124,4 k €	-40.4%	208,8 k €	+117%	96,2 k €	-6.6%	103,1 k €	-31.6%	150,7 k €	-32.7%	224 k €	-10.1%	249,1 k €
Other
Workforce	3,0 ETP	+11.1%	2,7 ETP	-10.0%	3,0 ETP	+3.4%	2,9 ETP	-3.3%	3,0 ETP		–		–		3,0 ETP	-25.0%	4,0 ETP	0.0%	4,0 ETP	+11.1%	3,6 ETP	+5.9%	3,4 ETP	+240%	1,0 ETP	0.0%	1,0 ETP	-28.6%	1,4 ETP	-61.1%	3,6 ETP	0.0%	3,6 ETP	-30.8%	5,2 ETP	0.0%	5,2 ETP	-10.3%	5,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 18 ended

Active mandates

Catherine TROPEL

Director · since 18 mai 2021 · until 12 mai 2031

Active

Ingrid SALAT CERDAN

Director · since 18 mai 2021 · until 12 mai 2031

Active

LACS

Director · since 18 mai 2021 · until 12 mai 2031

Represented by DUNAND OLIVIER

Active

Ended mandates

Catherine TROPEL

Director · since 18 mai 2021 · until 17 mai 2027

Ended

Catherine TROPEL

Director · since 18 mai 2021

Ended

Ingrid SALAT CERDAN

Director · since 18 mai 2021 · until 17 mai 2027

Ended

Ingrid SALAT CERDAN

Director · since 18 mai 2021

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	Micro 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	26/06/2026	28/08/2025	28/08/2024	30/08/2023	25/07/2022	31/05/2022
General meeting	30/05/2026	30/06/2025	24/06/2024	30/05/2023	30/06/2022	10/04/2022
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/05/2026	26/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	28/08/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/05/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	25/07/2022	Dutch	PDF
Micro modelCorrection	31/12/2020	10/04/2022	31/05/2022	Dutch	PDF
Micro model	31/12/2020	10/06/2021	31/08/2021	French	PDF
Micro model	31/12/2019	31/07/2020	09/10/2020	Dutch	PDF
Abridged model	31/12/2018	02/01/2019	12/08/2019	Dutch	PDF
Abridged model	31/12/2017	14/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	08/06/2017	09/08/2017	Dutch	PDF
Abridged model	31/12/2015	09/06/2016	09/08/2016	Dutch	PDF
Abridged model	31/12/2014	11/06/2015	10/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/01/2014	04/08/2014	Dutch	PDF
Abridged model	31/12/2012	13/06/2013	23/08/2013	Dutch	PDF
Abridged model	31/12/2011	14/06/2012	24/07/2012	Dutch	PDF
Abridged model	31/12/2010	09/06/2011	06/08/2011	Dutch	PDF
Abridged model	31/12/2009	02/01/2010	28/06/2010	Dutch	PDF
Abridged model	31/12/2008	11/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	12/06/2008	18/06/2008	Dutch	PDF
Abridged model	31/12/2006	14/06/2007	18/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 active · 18 ended

Active mandates

Catherine TROPEL

Director · since 18 mai 2021 · until 12 mai 2031

Active

Ingrid SALAT CERDAN

Director · since 18 mai 2021 · until 12 mai 2031

Active

LACS

Director · since 18 mai 2021 · until 12 mai 2031

Represented by DUNAND OLIVIER

Active

Ended mandates

Catherine TROPEL

Director · since 18 mai 2021 · until 17 mai 2027

Ended

Catherine TROPEL

Director · since 18 mai 2021

Ended

Ingrid SALAT CERDAN

Director · since 18 mai 2021 · until 17 mai 2027

Ended

Ingrid SALAT CERDAN

Director · since 18 mai 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other27/05/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/05/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office24/12/2013
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/12/2012
DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 202573,2 k €↑
2024
Annual accounts 202436,6 k €↓
2023
Annual accounts 2023110,2 k €↑
2022
Annual accounts 202256 k €↑
2021
Annual accounts 202124,7 k €↓
2020
Annual accounts 2020129,8 k €↑
2019
Annual accounts 2019108,6 k €↑
2018
Annual accounts 201820,5 k €↑
2017
Annual accounts 20173 k €↓
2016
Annual accounts 201610,8 k €↑
2015
Annual accounts 20155,4 k €↑
2014
Annual accounts 20141,5 k €↓
2013
Annual accounts 201330,9 k €↑
2012
Annual accounts 2012-31,2 k €↓
2011
Annual accounts 2011-27,7 k €↓
2010
Annual accounts 201017,6 k €↑
2009
Annual accounts 2009-47,4 k €↓
2008
Annual accounts 2008-22,7 k €↓
2007
Annual accounts 200730,3 k €↑
2006
Annual accounts 200692,6 €
12/06/1981
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

LEMAN

Overview

What does LEMAN do?

Trend over 20 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