ACTIVE

LYGO

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Financial year 2025 · closed on 31/12/2025
Net result
896,1 k €
+136.3% YoY
Gross margin
1,5 M €
+12.7% YoY
Equity
9,7 M €
+10.1% YoY

What does LYGO do?

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
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022201820172016201520142013201220112010200920082007
Income statement
Gross margin1,5 M €1,3 M €1,2 M €1,5 M €1,4 M €1,6 M €1,6 M €1,6 M €1,4 M €1,1 M €871,9 k €810,6 k €850,4 k €756,9 k €777,7 k €723,7 k €
EBITDA1,4 M €1,2 M €1,1 M €1,4 M €1,3 M €1,5 M €1,5 M €1,5 M €1,4 M €1 M €823,5 k €761,4 k €783,8 k €714,6 k €738,6 k €687,9 k €
Operating result896,8 k €631,2 k €634,4 k €661,5 k €748,7 k €817,7 k €700,8 k €728 k €407,9 k €596,9 k €286,1 k €362,6 k €471,9 k €375,8 k €415,8 k €346,2 k €
Net result896,1 k €379,2 k €427,8 k €343,9 k €395,4 k €449,3 k €351,2 k €471,9 k €196,2 k €468,2 k €-918 k €251,4 k €338,5 k €395,8 k €245 k €187,4 k €
Balance sheet
Equity9,7 M €8,9 M €8,5 M €8 M €7 M €6,6 M €6,1 M €5,8 M €5,3 M €5,2 M €4,7 M €5,6 M €5,4 M €5 M €4,7 M €4,4 M €
Total assets12,8 M €11,7 M €11,3 M €10,9 M €12,1 M €12,3 M €12,7 M €13,3 M €13,8 M €9,4 M €8,9 M €7,8 M €7,5 M €7,3 M €6,9 M €6,7 M €
Cash493,1 k €452,9 k €362,8 k €218,3 k €363,7 k €346 k €493,6 k €258,8 k €126,2 k €425 k €157,4 k €174 k €583,7 k €647,7 k €445,1 k €777,7 k €
Debts2,9 M €2,8 M €2,8 M €2,8 M €5,1 M €5,6 M €6,5 M €7,4 M €8,4 M €4,1 M €4 M €2,1 M €2 M €2,1 M €2,2 M €2,2 M €
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 31/12/2025 · 3 active · 18 ended

Active mandates

August Verheecke

Director

Active
Bernard Verheecke

Director

Active
Olivier Van Borm

Director

Active

Ended mandates

Olivier Van Borm

Director · since 20 juin 2024

Ended
August Verheecke

Manager · since 10 octobre 2013

Ended
Bernard Verheecke

Manager · since 10 octobre 2013

Ended
Katrien Verheecke

Manager · since 10 octobre 2013

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/07/202101/07/202001/07/2019
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
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

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
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 31/12/2025 · 3 active · 18 ended

Active mandates

August Verheecke

Director

Active
Bernard Verheecke

Director

Active
Olivier Van Borm

Director

Active

Ended mandates

Olivier Van Borm

Director · since 20 juin 2024

Ended
August Verheecke

Manager · since 10 octobre 2013

Ended
Bernard Verheecke

Manager · since 10 octobre 2013

Ended
Katrien Verheecke

Manager · since 10 octobre 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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

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 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