ACTIVE

LRB

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

602,3 k €

-37.5% YoY

Gross margin

1,2 M €

-25.8% YoY

Equity

2,4 M €

+4.4% YoY

Workforce

4,7 ETP

+9.3% YoY

What does LRB do?

LRB is a Private limited company incorporated in 1988. Its main activity is: Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers. Its registered office is in Westerlo. It employs on average 4,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.475.479

Incorporation

22/02/1988

Legal form

Private limited company

Registered office

Zone Reme 8
2260 Westerlo · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2025

Average workforce

4,7 ETP

Activities (NACE)

29201Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers· main 29201Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers 45201Maintenance and repair of motor vehicles 50200Sea and coastal freight water transport 95311Repair of computers and personal and household goods 45113Sale of cars and light motor vehicles+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2007		2006
Income statement
Gross margin	1,2 M €	-25.8%	1,6 M €	+25.2%	1,3 M €	+8.7%	1,2 M €	+0.7%	1,1 M €	+7.4%	1,1 M €	-18.2%	1,3 M €	+50.1%	869,4 k €	-9.2%	957,8 k €	+62.6%	589 k €	+24.2%	474,3 k €	-9.8%	525,8 k €	+19.6%	439,8 k €	+5.7%	416,2 k €	+7.2%	388,2 k €	+27.9%	303,4 k €	-49.6%	602,6 k €	+81.1%	332,6 k €	+25.5%	265 k €
EBITDA	876,8 k €	-35.7%	1,4 M €	+27.3%	1,1 M €	+15.9%	924,1 k €	+5.2%	878,8 k €	+20.1%	731,9 k €	-27.2%	1 M €	+87.6%	535,7 k €	-15.9%	637 k €	+96.0%	324,9 k €	+15.1%	282,3 k €	-5.8%	299,6 k €	+32.4%	226,3 k €	+19.6%	189,2 k €	+4.6%	181 k €	+16.0%	155,9 k €	-51.1%	319 k €	+88.7%	169,1 k €	+28.1%	132 k €
Operating result	801,3 k €	-37.8%	1,3 M €	+29.0%	999 k €	+22.4%	816 k €	+6.5%	766,2 k €	+22.8%	624,1 k €	-29.5%	885,3 k €	+114%	414,2 k €	-15.8%	492 k €	+181%	175 k €	+29.7%	134,9 k €	-36.8%	213,5 k €	+31.8%	162,1 k €	+48.0%	109,5 k €	+0.2%	109,3 k €	+55.8%	70,1 k €	-54.2%	153,1 k €	+92.8%	79,4 k €	+37.7%	57,7 k €
Net result	602,3 k €	-37.5%	963,6 k €	+30.0%	741,5 k €	+22.4%	606 k €	+7.9%	561,9 k €	+26.0%	445,8 k €	-28.9%	626,8 k €	+130%	272,1 k €	-12.5%	311 k €	+221%	96,8 k €	+0.8%	96,1 k €	-34.5%	146,6 k €	+11.1%	132 k €	+79.8%	73,4 k €	-14.9%	86,3 k €	+56.1%	55,3 k €	-42.1%	95,4 k €	+76.0%	54,2 k €	+22.5%	44,2 k €
Balance sheet
Equity	2,4 M €	+4.4%	2,3 M €	+7.5%	2,2 M €	+1.9%	2,1 M €	+0.3%	2,1 M €	-1.8%	2,2 M €	+25.8%	1,7 M €	+7.2%	1,6 M €	+20.3%	1,3 M €	+30.3%	1 M €	+10.4%	930,5 k €	+11.5%	834,4 k €	+12.1%	744,6 k €	+21.5%	612,6 k €	+13.6%	539,2 k €	+14.0%	472,9 k €	+13.2%	417,6 k €	+29.6%	322,2 k €	+20.2%	268 k €
Total assets	4,2 M €	+4.9%	4 M €	+5.5%	3,8 M €	+24.1%	3 M €	+0.5%	3 M €	+15.7%	2,6 M €	-1.3%	2,7 M €	+27.7%	2,1 M €	+10.3%	1,9 M €	+23.4%	1,5 M €	+14.5%	1,3 M €	+11.9%	1,2 M €	+17.2%	1 M €	+17.4%	865,7 k €	-8.7%	948,4 k €	+7.8%	880,1 k €	-7.2%	947,8 k €	+21.9%	777,6 k €	+2.2%	760,7 k €
Cash	754,6 k €	-38.2%	1,2 M €	-1.4%	1,2 M €	-17.9%	1,5 M €	+60.2%	942,2 k €	-17.6%	1,1 M €	-7.1%	1,2 M €	+14.6%	1,1 M €	+24.6%	862,9 k €	+96.0%	440,2 k €	-5.5%	465,8 k €	-18.0%	568,4 k €	+23.8%	459 k €	+297%	115,6 k €	-50.8%	235,1 k €	+14.1%	206,1 k €	+6.9%	192,8 k €	+104%	94,5 k €	-27.4%	130,1 k €
Debts	1,7 M €	+5.6%	1,6 M €	+2.8%	1,6 M €	+76.6%	902,8 k €	+1.0%	894,1 k €	+101%	445,2 k €	-51.9%	924,9 k €	+98.2%	466,6 k €	-14.2%	544,2 k €	+9.3%	498 k €	+23.9%	401,8 k €	+12.7%	356,5 k €	+31.1%	271,9 k €	+7.4%	253,1 k €	-38.1%	409,2 k €	+0.5%	407,1 k €	-23.2%	530,2 k €	+16.4%	455,3 k €	-7.6%	492,7 k €
Other
Workforce	4,7 ETP	+9.3%	4,3 ETP	+53.6%	2,8 ETP	-31.7%	4,1 ETP	-31.7%	6,0 ETP	-15.5%	7,1 ETP	+20.3%	5,9 ETP	0.0%	5,9 ETP	-14.5%	6,9 ETP	+23.2%	5,6 ETP	+30.2%	4,3 ETP	-2.3%	4,4 ETP	-6.4%	4,7 ETP	-6.0%	5,0 ETP	-16.7%	6,0 ETP	+50.0%	4,0 ETP	0.0%	4,0 ETP	-4.8%	4,2 ETP	+20.0%	3,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 2 ended

Active mandates

Kirsten Ryvers

Director

Active

Luc Ryvers

Director

Active

Steffen Ryvers

Director

Active

Ended mandates

Luc Ryvers

Administrator - manager

Ended

Luc Ryvers

Manager

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/04/2026	22/05/2025	09/05/2024	05/05/2023	29/05/2022	28/05/2021
General meeting	13/03/2026	07/03/2025	08/03/2024	14/03/2023	11/03/2022	12/03/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	13/03/2026	29/04/2026	Dutch	PDF
Abridged model	30/09/2024	07/03/2025	22/05/2025	Dutch	PDF
Abridged model	30/09/2023	08/03/2024	09/05/2024	Dutch	PDF
Abridged model	30/09/2022	14/03/2023	05/05/2023	Dutch	PDF
Abridged model	30/09/2021	11/03/2022	29/05/2022	Dutch	PDF
Abridged model	30/09/2020	12/03/2021	28/05/2021	Dutch	PDF
Abridged model	30/09/2019	13/03/2020	29/05/2020	Dutch	PDF
Abridged model	30/09/2018	08/03/2019	21/05/2019	Dutch	PDF
Abridged model	30/09/2017	09/03/2018	30/04/2018	Dutch	PDF
Abridged model	30/09/2016	10/03/2017	29/05/2017	Dutch	PDF
Abridged model	30/09/2015	11/03/2016	23/05/2016	Dutch	PDF
Abridged model	30/09/2014	13/03/2015	28/05/2015	Dutch	PDF
Abridged model	30/09/2013	14/03/2014	26/05/2014	Dutch	PDF
Abridged model	30/09/2012	08/03/2013	27/05/2013	Dutch	PDF
Abridged model	30/09/2011	09/03/2012	25/05/2012	Dutch	PDF
Abridged model	30/09/2010	11/03/2011	23/05/2011	Dutch	PDF
Abridged model	30/09/2009	12/03/2010	19/05/2010	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	22/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/09/2025 · 3 active · 2 ended

Active mandates

Kirsten Ryvers

Director

Active

Luc Ryvers

Director

Active

Steffen Ryvers

Director

Active

Ended mandates

Luc Ryvers

Administrator - manager

Ended

Luc Ryvers

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other26/09/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL
PDF
Registered office17/02/2016
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares14/10/2014
KAPITAAL - AANDELEN
PDF
Other19/08/2014
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other24/12/2008
BENAMING - BOEKJAAR
PDF
Capital / shares13/10/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - 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 2025602,3 k €↓
2024
Annual accounts 2024963,6 k €↑
2023
Annual accounts 2023741,5 k €↑
2022
Annual accounts 2022606 k €↑
2021
Annual accounts 2021561,9 k €↑
2020
Annual accounts 2020445,8 k €↓
2019
Annual accounts 2019626,8 k €↑
2018
Annual accounts 2018272,1 k €↓
2017
Annual accounts 2017311 k €↑
2016
Annual accounts 201696,8 k €↑
2015
Annual accounts 201596,1 k €↓
2014
Annual accounts 2014146,6 k €↑
2013
Annual accounts 2013132 k €↑
2012
Annual accounts 201273,4 k €↓
2011
Annual accounts 201186,3 k €↑
2010
Annual accounts 201055,3 k €↓
2009
Annual accounts 200995,4 k €↑
2007
Annual accounts 200754,2 k €↑
2006
Annual accounts 200644,2 k €
22/02/1988
IncorporationPrivate 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

LRB

Overview

What does LRB do?

Trend over 19 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