ACTIVE

L.V.R. ELECTRONICS

Financial year 2025 · closed on 31/12/2025
Net result
155,3 k €
+2.8% YoY
Gross margin
534,3 k €
+21.7% YoY
Equity
1,6 M €
+11.1% YoY
Workforce
4,7 ETP
+23.7% YoY

What does L.V.R. ELECTRONICS do?

L.V.R. ELECTRONICS is a Public limited company incorporated in 1986. Its registered office is in Houthalen-Helchteren. It employs on average 4,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0429.382.079
Incorporation
22/08/1986
Legal form
Public limited company
Registered office
Europark 1086
3530 Houthalen-Helchteren · FlandreSee on map
Contributed capital
63 000,00 €
Latest accounts
31/12/2025
Average workforce
4,7 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin534,3 k €438,9 k €355,7 k €541,5 k €514,8 k €384,6 k €347 k €392,1 k €537,1 k €436,8 k €300,9 k €319,5 k €329,2 k €321,5 k €345,4 k €334,5 k €305,9 k €351,3 k €335 k €
EBITDA207,5 k €194,3 k €205,6 k €380,5 k €373,1 k €262,4 k €155,5 k €117,9 k €275 k €237 k €176,5 k €164,1 k €189,4 k €155,1 k €171,7 k €132,4 k €130,3 k €142,6 k €116,3 k €
Operating result197,3 k €184 k €195,1 k €370,6 k €362,1 k €248,1 k €139,7 k €99,8 k €247,6 k €208,6 k €153,9 k €143,3 k €148,8 k €144,2 k €158,7 k €119,8 k €114,9 k €126,1 k €95,3 k €
Net result155,3 k €151,1 k €150,3 k €277,5 k €267 k €183,8 k €97,7 k €69 k €155,5 k €135,4 k €99,4 k €93,7 k €98,1 k €97,5 k €97,1 k €73,9 k €74,8 k €80,7 k €58,3 k €
Balance sheet
Equity1,6 M €1,4 M €1,3 M €1,1 M €839,9 k €633 k €601,7 k €564,2 k €564,2 k €558,6 k €523,3 k €513,8 k €500,2 k €452,1 k €394,6 k €337,5 k €303,6 k €266,3 k €230,6 k €
Total assets1,7 M €1,7 M €1,5 M €1,3 M €1,3 M €998,5 k €946,8 k €913,6 k €1,3 M €1,2 M €1,1 M €1,2 M €1,2 M €1,2 M €1,1 M €1,2 M €863,7 k €806,6 k €705,9 k €
Cash137,8 k €54,7 k €52,1 k €95,9 k €332,3 k €367,1 k €102,1 k €132,2 k €64,3 k €99,3 k €26,4 k €17 k €4 k €7 k €20,9 k €17,8 k €
Debts167,3 k €279,6 k €211,6 k €217,8 k €422 k €365,5 k €345,1 k €349,3 k €746 k €685,7 k €605,2 k €671,5 k €713,1 k €758,2 k €743,1 k €812 k €560,1 k €540,3 k €475,4 k €
Other
Workforce4,7 ETP3,8 ETP2,8 ETP3,0 ETP2,8 ETP2,8 ETP3,6 ETP4,9 ETP5,3 ETP4,2 ETP2,4 ETP3,0 ETP3,5 ETP3,1 ETP3,9 ETP5,0 ETP5,0 ETP5,0 ETP5,1 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 · 3 active · 10 ended

Active mandates

WILLCO

Director · since 02 juin 2025 · until 02 juin 2031 · 0783.441.482

Represented by Wim Geens

Active
Cristallo TopCo

Director · since 31 juillet 2022 · until 31 mai 2028 · 0787.628.419

Represented by Ruben Monballieu

Active
ILENCO

Managing director · since 01 juillet 2022 · until 31 mai 2028 · 0568.502.350

Represented by Johan Geraerts

Active

Ended mandates

WILLCO

Director · since 02 juillet 2025 · 0783.441.482

Represented by Wim GEENS

Ended
Cristallo TopCo

Director · since 31 juillet 2022 · until 31 mai 2028 · 0787.628.419

Represented by Ruben MONBALLIEU

Ended
Cristallo TopCo

Director · since 31 juillet 2022 · until 31 mai 2028 · 0787.628.419

Represented by Ruben MONBALLIEU

Ended
ILENCO

Director · since 31 juillet 2022 · until 31 mai 2028 · 0568.502.350

Represented by Johan GERAERTS

Ended
At this address

Other companies at this address

CompanyCBE no.
Cristallo TopCoActive
0787.628.419
LENAERTSActive
0450.996.946
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date09/07/202622/09/202529/08/202410/07/202317/08/202225/08/2021
General meeting08/07/202602/07/202528/06/202431/05/202331/05/202231/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/07/202609/07/2026DutchPDF
Abridged modelCorrection31/12/202402/07/202522/09/2025DutchPDF
Abridged model31/12/202402/07/202531/07/2025DutchPDF
Abridged model31/12/202328/06/202429/08/2024DutchPDF
Abridged model31/12/202231/05/202310/07/2023DutchPDF
Abridged model31/12/202131/05/202217/08/2022DutchPDF
Abridged model31/12/202031/05/202125/08/2021DutchPDF
Abridged model31/12/201902/06/202026/08/2020DutchPDF
Abridged model31/12/201831/05/201928/08/2019DutchPDF
Abridged model31/12/201731/05/201810/08/2018DutchPDF
Abridged model31/12/201631/05/201729/08/2017DutchPDF
Abridged model31/12/201531/05/201626/08/2016DutchPDF
Abridged model31/12/201431/05/201524/08/2015DutchPDF
Abridged model31/12/201331/05/201425/08/2014DutchPDF
Abridged model31/12/201231/05/201322/07/2013DutchPDF
Abridged model31/12/201131/05/201212/07/2012DutchPDF
Abridged model31/12/201031/05/201104/07/2011DutchPDF
Abridged model31/12/200931/05/201028/07/2010DutchPDF
Abridged model31/12/200831/05/200914/08/2009DutchPDF
Abridged model31/12/200731/05/200801/07/2008DutchPDF
Abridged model31/12/200631/05/200730/08/2007DutchPDF
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 · 3 active · 10 ended

Active mandates

WILLCO

Director · since 02 juin 2025 · until 02 juin 2031 · 0783.441.482

Represented by Wim Geens

Active
Cristallo TopCo

Director · since 31 juillet 2022 · until 31 mai 2028 · 0787.628.419

Represented by Ruben Monballieu

Active
ILENCO

Managing director · since 01 juillet 2022 · until 31 mai 2028 · 0568.502.350

Represented by Johan Geraerts

Active

Ended mandates

WILLCO

Director · since 02 juillet 2025 · 0783.441.482

Represented by Wim GEENS

Ended
Cristallo TopCo

Director · since 31 juillet 2022 · until 31 mai 2028 · 0787.628.419

Represented by Ruben MONBALLIEU

Ended
Cristallo TopCo

Director · since 31 juillet 2022 · until 31 mai 2028 · 0787.628.419

Represented by Ruben MONBALLIEU

Ended
ILENCO

Director · since 31 juillet 2022 · until 31 mai 2028 · 0568.502.350

Represented by Johan GERAERTS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares05/11/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - KAPITAAL - AANDELEN
    PDF
  • Mandates29/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2011
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025155,3 k €
  2. 2025
    Name changeL.V.R. Electronics
  3. 2024
    Annual accounts 2024151,1 k €
  4. 2023
    Annual accounts 2023150,3 k €
  5. 2022
    Annual accounts 2022277,5 k €
  6. 2021
    Annual accounts 2021267 k €
  7. 2021
    Name changeLVR
  8. 2020
    Annual accounts 2020183,8 k €
  9. 2019
    Annual accounts 201997,7 k €
  10. 2018
    Annual accounts 201869 k €
  11. 2017
    Annual accounts 2017155,5 k €
  12. 2016
    Annual accounts 2016135,4 k €
  13. 2015
    Annual accounts 201599,4 k €
  14. 2014
    Annual accounts 201493,7 k €
  15. 2013
    Annual accounts 201398,1 k €
  16. 2012
    Annual accounts 201297,5 k €
  17. 2011
    Annual accounts 201197,1 k €
  18. 2010
    Annual accounts 201073,9 k €
  19. 2009
    Annual accounts 200974,8 k €
  20. 2008
    Annual accounts 200880,7 k €
  21. 2007
    Annual accounts 200758,3 k €
  22. 22/08/1986
    IncorporationPublic limited company