ACTIVE

LUTEX

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Financial year 2025 · closed on 31/12/2025

Net result

-21,5 k €

-181.5% YoY

Gross margin

564,4 k €

-0.5% YoY

Equity

899,9 k €

-2.3% YoY

Workforce

10,1 ETP

-1.9% YoY

What does LUTEX do?

LUTEX is a Public limited company incorporated in 1983. Its registered office is in Hasselt. It employs on average 10,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.398.070

Incorporation

04/01/1983

Legal form

Public limited company

Registered office

Demerstraat 7
3500 Hasselt · FlandreSee on map

Contributed capital

500 000,00 €

Latest accounts

31/12/2025

Average workforce

10,1 ETP

Joint committees (3)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	564,4 k €	-0.5%	567,1 k €	-6.1%	604,1 k €	-4.6%	633,3 k €	+5.0%	603,4 k €	+32.3%	455,9 k €	-50.6%	922,8 k €	-2.8%	949,6 k €	-9.6%	1,1 M €	+3.1%	1 M €	-1.2%	1 M €	-0.6%	1 M €	+1.9%	1 M €	+10.9%	917,9 k €	+0.8%	910,8 k €	-1.1%	920,6 k €	+5.1%	875,5 k €	+17.2%	746,7 k €	-1.5%	758,1 k €	+32.2%	573,4 k €
EBITDA	37,5 k €	-23.3%	48,9 k €	-55.6%	110 k €	-41.4%	187,8 k €	+64.6%	114,1 k €	+67.3%	68,2 k €	-53.3%	146 k €	+7.1%	136,3 k €	-28.8%	191,3 k €	+16.8%	163,8 k €	-20.2%	205,4 k €	-17.0%	247,4 k €	+6.8%	231,6 k €	+35.7%	170,7 k €	-22.2%	219,5 k €	-22.0%	281,3 k €	+1.0%	278,6 k €	+57.5%	176,9 k €	-20.7%	223 k €	+60.3%	139,1 k €
Operating result	-2,8 k €	-114%	20 k €	-75.5%	81,8 k €	-49.2%	161 k €	+99.4%	80,7 k €	+278%	21,3 k €	-76.5%	90,6 k €	-2.1%	92,6 k €	-36.6%	146 k €	+24.8%	116,9 k €	-10.3%	130,4 k €	-20.5%	163,9 k €	+49.4%	109,7 k €	+115%	51 k €	-20.9%	64,5 k €	-49.9%	128,7 k €	+2.2%	125,9 k €	+396%	25,4 k €	-71.1%	87,8 k €	+206%	28,7 k €
Net result	-21,5 k €	-182%	26,4 k €	-60.0%	65,9 k €	-41.5%	112,7 k €	+69.9%	66,3 k €	+1636%	-4,3 k €	-110%	44,2 k €	+370%	9,4 k €	-91.1%	105,3 k €	+34.3%	78,4 k €	-23.1%	102 k €	-27.4%	140,4 k €	+74.6%	80,4 k €	+117%	37 k €	-3.4%	38,3 k €	-64.6%	108,2 k €	+8.0%	100,2 k €	+404%	-32,9 k €	-167%	49,3 k €	-34.5%	75,3 k €
Balance sheet
Equity	899,9 k €	-2.3%	921,4 k €	+2.9%	895 k €	+1.8%	879,1 k €	-1.9%	896,3 k €	+8.0%	830 k €	-0.5%	834,3 k €	+5.6%	790,1 k €	+1.2%	780,7 k €	+5.6%	739,3 k €	+1.8%	725,9 k €	+5.4%	688,9 k €	+12.3%	613,5 k €	+2.6%	598,1 k €	-3.9%	622 k €	-4.1%	648,7 k €	+7.1%	605,5 k €	+6.2%	570,3 k €	-5.5%	603,2 k €	+20.6%	500,2 k €
Total assets	1,6 M €	-3.7%	1,6 M €	+2.0%	1,6 M €	-6.6%	1,7 M €	+8.0%	1,6 M €	+5.4%	1,5 M €	-5.0%	1,6 M €	+10.8%	1,4 M €	+0.2%	1,4 M €	+7.8%	1,3 M €	-2.3%	1,3 M €	+6.7%	1,3 M €	+14.7%	1,1 M €	-3.2%	1,1 M €	-1.8%	1,2 M €	-8.4%	1,3 M €	-0.0%	1,3 M €	-2.8%	1,3 M €	-4.9%	1,4 M €	+15.4%	1,2 M €
Cash	738,9 k €	-5.1%	778,9 k €	-28.8%	1,1 M €	-11.5%	1,2 M €	+9.9%	1,1 M €	+38.5%	813,2 k €	-5.9%	864,3 k €	+17.2%	737,4 k €	+4.6%	705,3 k €	-9.1%	776 k €	+11.8%	693,8 k €	+24.2%	558,5 k €	+22.2%	457 k €	+22.9%	372 k €	+41.7%	262,4 k €	-11.9%	297,8 k €	+24.2%	239,7 k €	-11.4%	270,6 k €	+142%	111,7 k €	+423%	21,3 k €
Debts	657,8 k €	-5.6%	696,8 k €	+0.7%	692,1 k €	-15.7%	820,8 k €	+21.2%	677,3 k €	+5.4%	642,7 k €	-12.7%	736,4 k €	+17.5%	626,9 k €	-1.1%	634,1 k €	+10.6%	573,2 k €	-7.3%	618,1 k €	+8.3%	570,5 k €	+20.8%	472,1 k €	-11.9%	535,9 k €	+0.6%	532,8 k €	-12.9%	612 k €	-6.7%	655,6 k €	-9.8%	727 k €	-4.4%	760,7 k €	+11.7%	681,3 k €
Other
Workforce	10,1 ETP	-1.9%	10,3 ETP	+4.0%	9,9 ETP	-1.0%	10,0 ETP	-16.7%	12,0 ETP	-15.5%	14,2 ETP	-11.8%	16,1 ETP	-6.4%	17,2 ETP	0.0%	17,2 ETP	-5.0%	18,1 ETP	+5.2%	17,2 ETP	0.0%	17,2 ETP	-1.1%	17,4 ETP	0.0%	17,4 ETP	+1.8%	17,1 ETP	0.0%	17,1 ETP	-2.3%	17,5 ETP	+47.1%	11,9 ETP	0.0%	11,9 ETP	0.0%	11,9 ETP

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 · 2 active · 13 ended

Active mandates

Pascale LUYX

Director

Active

PHILIP LANEN

Managing director

Active

Ended mandates

Philip Lanen

Managing director · since 01 janvier 2009

Ended

Pascale Luyx

Director · since 28 mars 2008

Ended

Philip Lanen

Director · since 01 mars 2007

Ended

Philip Lanen

Administrator - manager · since 01 mars 2007

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	Abridged 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	08/06/2026	02/06/2025	18/06/2024	16/06/2023	16/06/2022	06/07/2021
General meeting	26/05/2026	26/05/2025	30/05/2024	30/05/2023	30/05/2022	31/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/05/2026	08/06/2026	Dutch	PDF
Abridged model	31/12/2024	26/05/2025	02/06/2025	Dutch	PDF
Abridged model	31/12/2023	30/05/2024	18/06/2024	Dutch	PDF
Abridged model	31/12/2022	30/05/2023	16/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/05/2022	16/06/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	06/07/2021	Dutch	PDF
Abridged model	31/12/2019	25/05/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	27/05/2019	14/06/2019	Dutch	PDF
Abridged model	31/12/2017	28/05/2018	04/06/2018	Dutch	PDF
Abridged model	31/12/2016	29/05/2017	12/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	07/06/2016	Dutch	PDF
Abridged model	31/12/2014	25/05/2015	08/06/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	02/06/2014	Dutch	PDF
Abridged model	31/12/2012	27/05/2013	29/05/2013	Dutch	PDF
Abridged model	31/12/2011	28/05/2012	05/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	08/06/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	02/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	08/06/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	05/06/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	07/06/2007	Dutch	PDF

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 · 2 active · 13 ended

Active mandates

Pascale LUYX

Director

Active

PHILIP LANEN

Managing director

Active

Ended mandates

Philip Lanen

Managing director · since 01 janvier 2009

Ended

Pascale Luyx

Director · since 28 mars 2008

Ended

Philip Lanen

Director · since 01 mars 2007

Ended

Philip Lanen

Administrator - manager · since 01 mars 2007

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring18/06/2025
MAATSCHAPPELIJKE ZETEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other04/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/06/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares29/02/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates29/01/2009
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/04/2008
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025-21,5 k €↓
2024
Annual accounts 202426,4 k €↓
2023
Annual accounts 202365,9 k €↓
2022
Annual accounts 2022112,7 k €↑
2021
Annual accounts 202166,3 k €↑
2020
Annual accounts 2020-4,3 k €↓
2019
Annual accounts 201944,2 k €↑
2018
Annual accounts 20189,4 k €↓
2017
Annual accounts 2017105,3 k €↑
2016
Annual accounts 201678,4 k €↓
2015
Annual accounts 2015102 k €↓
2014
Annual accounts 2014140,4 k €↑
2013
Annual accounts 201380,4 k €↑
2012
Annual accounts 201237 k €↓
2011
Annual accounts 201138,3 k €↓
2010
Annual accounts 2010108,2 k €↑
2009
Annual accounts 2009100,2 k €↑
2008
Annual accounts 2008-32,9 k €↓
2007
Annual accounts 200749,3 k €↓
2006
Annual accounts 200675,3 k €
04/01/1983
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

LUTEX

Overview

What does LUTEX 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