ACTIVE

LYGO

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Financial year 2025 · Closed on 31/12/2025

Net result896,1 k €+136,3 %over 1 year
Gross margin1,5 M €+12,7 %over 1 year
Equity9,7 M €+10,1 %over 1 year

Identity

Source · BCE/KBO

LYGO is a Private limited company incorporated in 1988. Its registered office is in Knokke-Heist.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0434.613.250
Incorporation
15/06/1988
Legal form
Private limited company
Registered office
Meerminlaan 28
8300 Knokke-Heist · FlandreSee on map
Contributed capital
4 225 640,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 16 financial years

20252024202320222018
Income statement
Gross margin1,5 M €1,3 M €1,2 M €1,5 M €1,4 M €
EBITDA1,4 M €1,2 M €1,1 M €1,4 M €1,3 M €
Operating result896,8 k €631,2 k €634,4 k €661,5 k €748,7 k €
Net result896,1 k €379,2 k €427,8 k €343,9 k €395,4 k €
Balance sheet
Equity9,7 M €8,9 M €8,5 M €8 M €7 M €
Total assets12,8 M €11,7 M €11,3 M €10,9 M €12,1 M €
Cash493,1 k €452,9 k €362,8 k €218,3 k €363,7 k €
Debts2,9 M €2,8 M €2,8 M €2,8 M €5,1 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Olivier Van Borm
Directorsince 20/06/2024
August Verheecke
DirectorManagersince 10/10/2013ended
Bernard Verheecke
DirectorManagersince 10/10/2013ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Katrien Verheecke
Managersince 10/10/2013
Georges Verheecke
Managersince 30/03/2007Managing directoruntil 30/03/2007
Lydie Himpe
Managersince 30/03/2007

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months18 months12 months12 months
Filing date29/07/202608/07/202521/06/202426/06/202316/11/202126/01/2021
General meeting15/07/202620/06/202520/06/202431/05/202310/11/202125/01/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/07/202629/07/2026DutchPDF
Abridged model31/12/202420/06/202508/07/2025DutchPDF
Abridged model31/12/202320/06/202421/06/2024DutchPDF
Abridged model31/12/202231/05/202326/06/2023DutchPDF
Abridged model30/06/202110/11/202116/11/2021DutchPDF
Abridged model30/06/202025/01/202126/01/2021DutchPDF
Abridged model30/06/201929/11/201916/12/2019DutchPDF
Abridged model30/06/201830/11/201806/12/2018DutchPDF
Abridged model30/06/201724/11/201721/12/2017DutchPDF
Abridged model30/06/201625/11/201616/12/2016DutchPDF
Abridged model30/06/201527/11/201510/12/2015DutchPDF
Abridged model30/06/201428/11/201419/12/2014DutchPDF
Abridged model30/06/201329/11/201324/12/2013DutchPDF
Abridged model30/06/201230/11/201228/12/2012DutchPDF
Abridged model30/06/201130/12/201127/01/2012DutchPDF
Abridged model30/06/201030/12/201025/01/2011DutchPDF
Abridged model30/06/200930/12/200926/01/2010DutchPDF
Abridged model30/06/200830/12/200829/01/2009DutchPDF
Abridged model30/06/200728/12/200725/01/2008DutchPDF
Abridged model30/06/200627/12/200619/01/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Olivier Van Borm
Directorsince 20/06/2024
August Verheecke
DirectorManagersince 10/10/2013ended
Bernard Verheecke
DirectorManagersince 10/10/2013ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Katrien Verheecke
Managersince 10/10/2013
Georges Verheecke
Managersince 30/03/2007Managing directoruntil 30/03/2007
Lydie Himpe
Managersince 30/03/2007

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/01/2022
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other07/07/2015
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares25/06/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates31/10/2013
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/09/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/07/2009
    WIJZIGING VOORWAARDEN OBLIGATIELENING DD. 1/7/1999
    PDF
  • Mandates19/04/2007
    WIJZIGING RECHTSVORM - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings16 filings
Mandates
Olivier Van Borm
Bernard Verheecke
Katrien Verheecke
August Verheecke
Georges Verheecke
Lydie Himpe
198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
LYGO
Meerminlaan 28, 8300 Knokke-Heist
Director
Director
ManagerManaging director
ManagerDirector
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Meerminlaan 28, 8300 Knokke-HeistCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00359731

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
LYGOCurrent
accounts 2007 → 2025
Accounts 2025 · 2026-00359731

Events

  1. 2025
    Annual accounts 2025896,1 k €↑
  2. 2024
    Annual accounts 2024379,2 k €↓
  3. 2023
    Annual accounts 2023427,8 k €↑
  4. 2022
    Annual accounts 2022343,9 k €↓
  5. 2018
    Annual accounts 2018395,4 k €↓
  6. 2017
    Annual accounts 2017449,3 k €↑
  7. 2016
    Annual accounts 2016351,2 k €↓
  8. 2015
    Annual accounts 2015471,9 k €↑
  9. 2014
    Annual accounts 2014196,2 k €↓
  10. 2013
    Annual accounts 2013468,2 k €↑
  11. 2012
    Annual accounts 2012-918 k €↓
  12. 2011
    Annual accounts 2011251,4 k €↓
  13. 2010
    Annual accounts 2010338,5 k €↓
  14. 2009
    Annual accounts 2009395,8 k €↑
  15. 2008
    Annual accounts 2008245 k €↑
  16. 2007
    Annual accounts 2007187,4 k €
  17. 15/06/1988
    IncorporationPrivate limited company