ACTIVE

Cartonnage Lammerant

Financial year 2024 · Closed on 31/12/2024

Net result1,1 M €-50,9 %over 1 year
Revenue64,9 M €-10,0 %over 1 year
Equity23,5 M €+3,0 %over 1 year
Workforce105,2 ETP+1,2 %over 1 year

Identity

Source · BCE/KBO

Cartonnage Lammerant is a Public limited company incorporated in 1981. Its main activity is: Manufacture of paper and paperboard. Its registered office is in Leuze-en-Hainaut. It employs on average 105,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0422.290.686
Incorporation
30/12/1981
Legal form
Public limited company
Registered office
Zone industrielle de l'Europe(L) 3
7900 Leuze-en-Hainaut · WallonieSee on map
Contributed capital
330 000,00 €
Latest accounts
31/12/2024
Average workforce
105,2 ETP
Joint committees (2)
  • 136
  • 222
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Revenue64,9 M €72,1 M €79,4 M €56,1 M €48,3 M €
EBITDA8,3 M €7,9 M €5,4 M €4,7 M €5,3 M €
Operating result2,6 M €3,9 M €1,9 M €1,7 M €3 M €
Net result1,1 M €2,1 M €1,5 M €1,2 M €2,2 M €
Balance sheet
Equity23,5 M €22,8 M €19,8 M €17,4 M €16 M €
Total assets72,8 M €74,3 M €52,8 M €49 M €40,7 M €
Cash1,6 M €1,7 M €1,3 M €992,7 k €3,6 M €
Debts48,9 M €51,1 M €32,5 M €31,1 M €24,6 M €
Other
Workforce105,2 ETP104,0 ETP104,1 ETP103,4 ETP99,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 23 ended

Active mandates

Chantal Maenhout

Director · since 10 octobre 2023 · until 16 juin 2029

Active
SOMATHLAM

Managing director · since 10 octobre 2023 · until 16 juin 2029 · 0849.291.022

Represented by Etienne Lammerant

Active

Ended mandates

Chantal Maenhout

Director · since 27 juillet 2019 · until 25 mai 2024

Ended
SOMATHLAM

Managing director · since 27 juillet 2019 · until 25 mai 2024 · 0849.291.022

Represented by Etienne Lammerant

Ended
Chantal Maenhout

Director · since 27 juillet 2018 · until 18 mai 2024

Ended
Chantal Maenhout

Director · since 27 juillet 2018 · until 25 mai 2024

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202527/09/202429/09/202311/10/202225/08/202125/08/2020
General meeting30/09/202527/09/202429/09/202307/10/202220/08/202121/08/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/09/202530/09/2025FrenchPDF
Full model31/12/202327/09/202427/09/2024FrenchPDF
Full model31/12/202229/09/202329/09/2023FrenchPDF
Full model31/12/202107/10/202211/10/2022FrenchPDF
Full model31/12/202020/08/202125/08/2021FrenchPDF
Full model31/12/201921/08/202025/08/2020FrenchPDF
Full model31/12/201820/09/201930/09/2019FrenchPDF
Full model31/12/201727/07/201827/07/2018FrenchPDF
Full model31/12/201631/07/201731/07/2017FrenchPDF
Full model31/12/201526/09/201629/09/2016FrenchPDF
Full model31/12/201417/07/201531/07/2015FrenchPDF
Full model31/12/201327/08/201429/08/2014FrenchPDF
Full model31/12/201226/08/201329/08/2013FrenchPDF
Full model31/12/201120/08/201230/08/2012FrenchPDF
Full model31/12/201028/06/201131/08/2011FrenchPDF
Full model31/12/200926/06/201016/07/2010FrenchPDF
Full model31/12/200816/05/200911/06/2009FrenchPDF
Full model31/12/200717/05/200831/07/2008FrenchPDF
Full model31/12/200630/05/200728/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2024

2 active · 23 ended

Active mandates

Chantal Maenhout

Director · since 10 octobre 2023 · until 16 juin 2029

Active
SOMATHLAM

Managing director · since 10 octobre 2023 · until 16 juin 2029 · 0849.291.022

Represented by Etienne Lammerant

Active

Ended mandates

Chantal Maenhout

Director · since 27 juillet 2019 · until 25 mai 2024

Ended
SOMATHLAM

Managing director · since 27 juillet 2019 · until 25 mai 2024 · 0849.291.022

Represented by Etienne Lammerant

Ended
Chantal Maenhout

Director · since 27 juillet 2018 · until 18 mai 2024

Ended
Chantal Maenhout

Director · since 27 juillet 2018 · until 25 mai 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates07/12/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/01/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/08/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/03/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office19/02/2013
    SIEGE SOCIAL
    PDF
  • Mandates05/11/2012
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - 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. 2024
    Annual accounts 20241,1 M €↓
  2. 27/09/2024
    reconductionSRL Avisor — commissaire
  3. 2023
    Annual accounts 20232,1 M €↑
  4. 2022
    Annual accounts 20221,5 M €↑
  5. 2021
    Annual accounts 20211,2 M €↓
  6. 2020
    Annual accounts 20202,2 M €↓
  7. 2019
    Annual accounts 20193,8 M €↑
  8. 2018
    Annual accounts 2018667,4 k €↑
  9. 2017
    Annual accounts 2017139,1 k €↓
  10. 2016
    Annual accounts 2016781,3 k €↓
  11. 2015
    Annual accounts 20151,1 M €↓
  12. 2014
    Annual accounts 20141,6 M €↑
  13. 2013
    Annual accounts 20131,2 M €↑
  14. 2012
    Annual accounts 2012488 k €↓
  15. 2011
    Annual accounts 2011493,6 k €↑
  16. 2010
    Annual accounts 2010-350 k €↓
  17. 2009
    Annual accounts 2009548,3 k €↓
  18. 2008
    Annual accounts 20081,8 M €↑
  19. 2007
    Annual accounts 20071,2 M €↑
  20. 2006
    Annual accounts 2006213,4 k €
  21. 30/12/1981
    IncorporationPublic limited company