ACTIVE

LESCO

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Financial year 2025 · closed on 31/12/2025

Net result

174,3 k €

+67.9% YoY

Gross margin

417,9 k €

+14.5% YoY

Equity

940,7 k €

-19.4% YoY

Workforce

0,0 ETP

What does LESCO do?

LESCO is a Public limited company incorporated in 1983. Its main activity is: Real estate agencies. Its registered office is in Merelbeke-Melle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0425.105.468

Incorporation

28/12/1983

Legal form

Public limited company

Registered office

Brusselsesteenweg 489
9090 Merelbeke-Melle · FlandreSee on map

Contributed capital

348 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

68310Real estate agencies· main 68311Real estate agencies 70311Activities of head offices; management consultancy activities 41001Construction of buildings 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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	417,9 k €	+14.5%	364,9 k €	-7.1%	392,9 k €	-8.2%	428,2 k €	-41.2%	728,2 k €	-79.1%	3,5 M €	+493%	586,6 k €	-6.3%	625,9 k €	+16.8%	536 k €	-33.4%	804,7 k €	+33.5%	603 k €	+0.9%	597,5 k €	-6.5%	638,8 k €	-0.9%	644,9 k €	+4.5%	617 k €	+9.3%	564,6 k €	-0.2%	565,8 k €	-3.2%	584,3 k €	-13.8%	677,8 k €	+0.8%	672,1 k €
EBITDA	375,7 k €	+18.9%	316,1 k €	-8.8%	346,6 k €	-11.0%	389,2 k €	-43.1%	684 k €	-79.8%	3,4 M €	+623%	467,1 k €	-6.4%	499 k €	+19.0%	419,3 k €	-27.7%	579,6 k €	+48.4%	390,7 k €	+2.1%	382,5 k €	-3.4%	395,8 k €	+22.1%	324,1 k €	-17.7%	393,7 k €	+39.7%	281,9 k €	-1.2%	285,4 k €	-12.5%	326,1 k €	-4.2%	340,3 k €	-8.1%	370,4 k €
Operating result	277 k €	+56.0%	177,5 k €	-9.8%	196,7 k €	-5.7%	208,6 k €	-58.6%	503,5 k €	-84.0%	3,1 M €	+1323%	221 k €	-13.9%	256,7 k €	+119%	117 k €	-63.9%	324,1 k €	+165%	122,3 k €	+1.5%	120,5 k €	-7.8%	130,8 k €	+52.0%	86 k €	-53.0%	182,9 k €	+113%	85,9 k €	-26.4%	116,7 k €	-38.2%	188,9 k €	-6.1%	201,1 k €	-13.7%	233,1 k €
Net result	174,3 k €	+67.9%	103,8 k €	-18.1%	126,7 k €	-19.0%	156,5 k €	-58.4%	376,1 k €	-83.8%	2,3 M €	+1442%	150,7 k €	-2.5%	154,6 k €	+436%	28,8 k €	-84.0%	180,4 k €	+123%	80,8 k €	+46.8%	55 k €	-83.3%	328,5 k €	+328%	76,8 k €	-42.9%	134,6 k €	+76.1%	76,4 k €	-77.6%	340,8 k €	-71.1%	1,2 M €	+565%	177,3 k €	-28.3%	247,1 k €
Balance sheet
Equity	940,7 k €	-19.4%	1,2 M €	+9.8%	1,1 M €	+13.5%	935,9 k €	+20.1%	779,4 k €	-81.0%	4,1 M €	+131%	1,8 M €	+11.1%	1,6 M €	+6.6%	1,5 M €	-25.4%	2 M €	+9.8%	1,8 M €	+1.9%	1,8 M €	+0.5%	1,8 M €	-35.7%	2,8 M €	+2.8%	2,7 M €	+3.3%	2,6 M €	+3.0%	2,5 M €	-0.2%	2,6 M €	+82.8%	1,4 M €	+12.5%	1,2 M €
Total assets	2,8 M €	+2.9%	2,7 M €	+10.6%	2,5 M €	+96.4%	1,3 M €	-73.7%	4,8 M €	-5.6%	5 M €	+105%	2,5 M €	-9.6%	2,7 M €	-20.5%	3,4 M €	-3.1%	3,5 M €	-10.2%	3,9 M €	-6.0%	4,2 M €	-1.6%	4,2 M €	-16.9%	5,1 M €	+4.7%	4,9 M €	+1.8%	4,8 M €	+8.7%	4,4 M €	+23.4%	3,6 M €	+32.4%	2,7 M €	+17.7%	2,3 M €
Cash	37,6 k €	-28.3%	52,4 k €	-61.2%	135 k €	+3.2%	130,8 k €	-52.2%	273,6 k €	-90.6%	2,9 M €	+15168%	19,1 k €	-89.6%	184,2 k €	-57.7%	435,2 k €	+50.1%	289,9 k €	+18364%	1,6 k €	-58.8%	3,8 k €	-74.5%	14,9 k €	-40.1%	24,9 k €	-32.9%	37,1 k €	+242%	10,8 k €	-82.3%	61,4 k €	+239%	18,1 k €	-7.9%	19,6 k €	-40.8%	33,2 k €
Debts	1,8 M €	+22.3%	1,5 M €	+11.2%	1,3 M €	+476%	227,3 k €	-94.1%	3,8 M €	+390%	785,7 k €	+61.9%	485,3 k €	-44.6%	875,9 k €	-47.7%	1,7 M €	+37.9%	1,2 M €	-30.9%	1,8 M €	-12.9%	2 M €	-2.8%	2,1 M €	+8.4%	1,9 M €	+10.2%	1,7 M €	+1.4%	1,7 M €	+25.0%	1,4 M €	+45.3%	945 k €	-22.7%	1,2 M €	+28.1%	954,7 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	-71.4%	2,8 ETP	0.0%	2,8 ETP	-6.7%	3,0 ETP	-21.1%	3,8 ETP	0.0%	3,8 ETP	+100%	1,9 ETP	-47.2%	3,6 ETP	0.0%	3,6 ETP	-10.0%	4,0 ETP	-13.0%	4,6 ETP	-8.0%	5,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 18 ended

Active mandates

Adrien De Witte

Director · since 21 juin 2024 · until 21 juin 2030

Active

Valentine De Witte

Director · since 21 juin 2024 · until 21 juin 2030

Active

DWCO

Managing director · since 09 mai 2023 · until 19 mai 2028 · 0781.395.772

Represented by Christophe DE WITTE

Active

Katrien Van Lancker

Director · since 09 mai 2023 · until 09 mai 2029

Active

Ended mandates

Catherine Van Lancker

Director · since 09 mai 2023 · until 09 mai 2029

Ended

DWCO

Managing director · since 09 mai 2023 · until 19 mai 2028 · 0781.395.772

Represented by De WITTE CHRISTOPHE

Ended

DWCO

Director · since 19 mai 2022 · until 19 mai 2028 · 0781.395.772

Represented by Christophe De Witte

Ended

Catherine Saverys

Director · since 27 novembre 2020 · until 11 mai 2026

Ended

At this address

Other companies at this address

Company	CBE no.
CERAGRES● Active	0454.198.243
De Witte Consulting● Active	0728.505.632
IMMO - BAUDOUR● Liquidation	0444.133.009

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro 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	24/07/2026	18/07/2025	29/07/2024	22/06/2023	08/06/2022	08/06/2021
General meeting	26/06/2026	25/06/2025	13/05/2024	08/05/2023	09/05/2022	10/05/2021
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	26/06/2026	24/07/2026	Dutch	PDF
Abridged model	31/12/2024	25/06/2025	18/07/2025	Dutch	PDF
Micro model	31/12/2023	13/05/2024	29/07/2024	Dutch	PDF
Micro model	31/12/2022	08/05/2023	22/06/2023	Dutch	PDF
Abridged model	31/12/2021	09/05/2022	08/06/2022	Dutch	PDF
Abridged model	31/12/2020	10/05/2021	08/06/2021	Dutch	PDF
Abridged model	31/12/2019	11/05/2020	10/06/2020	Dutch	PDF
Abridged model	31/12/2018	13/05/2019	11/06/2019	Dutch	PDF
Abridged model	31/12/2017	18/06/2018	13/07/2018	Dutch	PDF
Abridged model	31/12/2016	08/05/2017	08/06/2017	Dutch	PDF
Abridged model	31/12/2015	09/05/2016	08/06/2016	Dutch	PDF
Abridged model	31/12/2014	11/05/2015	11/06/2015	Dutch	PDF
Abridged model	31/12/2013	12/05/2014	12/06/2014	Dutch	PDF
Abridged model	31/12/2012	13/05/2013	13/06/2013	Dutch	PDF
Abridged model	31/12/2011	14/05/2012	13/06/2012	Dutch	PDF
Abridged model	31/12/2010	09/05/2011	31/05/2011	Dutch	PDF
Abridged model	31/12/2009	10/05/2010	28/06/2010	Dutch	PDF
Abridged model	31/12/2008	11/05/2009	15/06/2009	Dutch	PDF
Abridged model	31/12/2007	13/05/2008	04/06/2008	Dutch	PDF
Abridged model	31/12/2006	14/05/2007	11/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 4 active · 18 ended

Active mandates

Adrien De Witte

Director · since 21 juin 2024 · until 21 juin 2030

Active

Valentine De Witte

Director · since 21 juin 2024 · until 21 juin 2030

Active

DWCO

Managing director · since 09 mai 2023 · until 19 mai 2028 · 0781.395.772

Represented by Christophe DE WITTE

Active

Katrien Van Lancker

Director · since 09 mai 2023 · until 09 mai 2029

Active

Ended mandates

Catherine Van Lancker

Director · since 09 mai 2023 · until 09 mai 2029

Ended

DWCO

Managing director · since 09 mai 2023 · until 19 mai 2028 · 0781.395.772

Represented by De WITTE CHRISTOPHE

Ended

DWCO

Director · since 19 mai 2022 · until 19 mai 2028 · 0781.395.772

Represented by Christophe De Witte

Ended

Catherine Saverys

Director · since 27 novembre 2020 · until 11 mai 2026

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other07/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/01/2018
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 2025174,3 k €↑
2024
Annual accounts 2024103,8 k €↓
2023
Annual accounts 2023126,7 k €↓
2022
Annual accounts 2022156,5 k €↓
2021
Annual accounts 2021376,1 k €↓
2020
Annual accounts 20202,3 M €↑
2019
Annual accounts 2019150,7 k €↓
2018
Annual accounts 2018154,6 k €↑
2017
Annual accounts 201728,8 k €↓
2016
Annual accounts 2016180,4 k €↑
2015
Annual accounts 201580,8 k €↑
2014
Annual accounts 201455 k €↓
2013
Annual accounts 2013328,5 k €↑
2012
Annual accounts 201276,8 k €↓
2011
Annual accounts 2011134,6 k €↑
2010
Annual accounts 201076,4 k €↓
2009
Annual accounts 2009340,8 k €↓
2008
Annual accounts 20081,2 M €↑
2007
Annual accounts 2007177,3 k €↓
2006
Annual accounts 2006247,1 k €
28/12/1983
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

LESCO

Overview

What does LESCO do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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