ACTIVE

LE COUTER

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Financial year 2025 · closed on 30/09/2025

Net result

1,0 M €

-32.9% YoY

Revenue

44,0 M €

+4.8% YoY

Equity

16,7 M €

+3.7% YoY

Workforce

26,2 ETP

+4.4% YoY

What does LE COUTER do?

LE COUTER is a Public limited company incorporated in 1988. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Tielt. It employs on average 26,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.641.162

Incorporation

28/06/1988

Legal form

Public limited company

Registered office

Deinsesteenweg 16
8700 Tielt · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

30/09/2025

Average workforce

26,2 ETP

Activities (NACE)

45113Sale of cars and light motor vehicles· main 45201Maintenance and repair of motor vehicles 47811Retail sale via stalls and markets of food, beverages and tobacco products 50200Sea and coastal freight water transport 95311Repair of computers and personal and household goods 45113Sale of cars and light motor vehicles+2

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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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
Revenue	44,0 M €	+4.8%	42,0 M €	-15.2%	49,5 M €	+44.1%	34,3 M €	-2.5%	35,2 M €	+8.2%	32,6 M €	+31.7%	24,7 M €	-9.0%	27,2 M €	+17.0%	23,2 M €	-23.7%	30,4 M €	-15.3%	35,9 M €	+22.0%	29,5 M €	-3.3%	30,5 M €	+3.8%	29,3 M €	-3.1%	30,3 M €	+7.4%	28,2 M €	+8.0%	26,1 M €	-14.1%	30,4 M €	+12.6%	27,0 M €		–
EBITDA	1,5 M €	-33.4%	2,3 M €	-32.8%	3,4 M €	+85.8%	1,8 M €	-25.9%	2,5 M €	-4.2%	2,6 M €	+33.6%	1,9 M €	-3.4%	2,0 M €	-0.1%	2,0 M €	-16.7%	2,4 M €	-4.3%	2,5 M €	+23.9%	2,0 M €	+2.9%	2,0 M €	+15.5%	1,7 M €	+40.0%	1,2 M €	-13.5%	1,4 M €	-8.7%	1,5 M €	+17.5%	1,3 M €	-4.9%	1,4 M €	+41.7%	973,8 k €
Operating result	1,3 M €	-37.1%	2,0 M €	-36.3%	3,1 M €	+100%	1,6 M €	-28.8%	2,2 M €	-4.4%	2,3 M €	+40.1%	1,6 M €	-3.5%	1,7 M €	+0.3%	1,7 M €	-17.6%	2,1 M €	-4.2%	2,2 M €	+23.1%	1,7 M €	+4.0%	1,7 M €	+19.0%	1,4 M €	+60.5%	879,7 k €	-13.1%	1,0 M €	-8.2%	1,1 M €	+40.8%	783,4 k €	-18.1%	956,6 k €	+37.5%	695,7 k €
Net result	1,0 M €	-32.9%	1,5 M €	-37.3%	2,5 M €	+94.4%	1,3 M €	-27.8%	1,8 M €	-0.4%	1,8 M €	+40.5%	1,3 M €	-4.1%	1,3 M €	+5.0%	1,2 M €	-16.1%	1,5 M €	-7.0%	1,6 M €	+75.0%	908,1 k €	-27.1%	1,2 M €	+9.4%	1,1 M €	+61.7%	703,4 k €	-10.9%	789,4 k €	-3.6%	818,5 k €	+29.6%	631,7 k €	-14.2%	735,9 k €	+13.5%	648,6 k €
Balance sheet
Equity	16,7 M €	+3.7%	16,1 M €	+10.6%	14,6 M €	+16.6%	12,5 M €	+7.6%	11,6 M €	+13.4%	10,3 M €	+13.9%	9,0 M €	+9.0%	8,3 M €	+12.0%	7,4 M €	+14.6%	6,4 M €	+22.4%	5,3 M €	+31.8%	4,0 M €	-49.5%	7,9 M €	+13.3%	7,0 M €	+13.6%	6,1 M €	+8.9%	5,6 M €	+11.7%	5,0 M €	+15.3%	4,4 M €	+12.4%	3,9 M €	+17.7%	3,3 M €
Total assets	24,0 M €	+9.5%	21,9 M €	+9.5%	20,0 M €	+0.1%	20,0 M €	+43.5%	13,9 M €	-16.7%	16,7 M €	-5.1%	17,6 M €	+18.2%	14,9 M €	+12.3%	13,3 M €	+17.0%	11,4 M €	-12.1%	12,9 M €	-3.1%	13,3 M €	-6.4%	14,2 M €	+4.3%	13,7 M €	+9.8%	12,4 M €	+7.0%	11,6 M €	+8.5%	10,7 M €	+3.0%	10,4 M €	+14.5%	9,1 M €	+30.3%	7,0 M €
Cash	1,8 M €	-30.3%	2,6 M €	+34.1%	2,0 M €	-67.5%	6,1 M €	+103%	3,0 M €	-47.5%	5,7 M €	+47.7%	3,8 M €	+27.1%	3,0 M €	+12.3%	2,7 M €	+47.6%	1,8 M €	-42.7%	3,2 M €	-33.6%	4,8 M €	-13.2%	5,5 M €	+44.4%	3,8 M €	+34.4%	2,8 M €	-33.6%	4,3 M €	+1.2%	4,2 M €	+53.5%	2,8 M €	+195%	935,5 k €	-59.0%	2,3 M €
Debts	7,2 M €	+25.6%	5,8 M €	+6.5%	5,4 M €	-27.5%	7,5 M €	+232%	2,2 M €	-65.0%	6,4 M €	-25.2%	8,6 M €	+29.2%	6,6 M €	+14.2%	5,8 M €	+20.7%	4,8 M €	-36.3%	7,6 M €	-18.3%	9,3 M €	+47.5%	6,3 M €	-5.0%	6,6 M €	+6.0%	6,2 M €	+4.8%	6,0 M €	+6.9%	5,6 M €	-6.1%	5,9 M €	+16.1%	5,1 M €	+42.5%	3,6 M €
Other
Workforce	26,2 ETP	+4.4%	25,1 ETP	+4.1%	24,1 ETP	-0.4%	24,2 ETP	+6.6%	22,7 ETP	-0.9%	22,9 ETP	+2.2%	22,4 ETP	+1.4%	22,1 ETP	+4.7%	21,1 ETP	-1.4%	21,4 ETP	+4.9%	20,4 ETP	+1.5%	20,1 ETP	0.0%	20,1 ETP	+5.2%	19,1 ETP	+8.5%	17,6 ETP	+2.9%	17,1 ETP	-5.0%	18,0 ETP	0.0%	18,0 ETP	+5.9%	17,0 ETP	+6.9%	15,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 4 active · 12 ended

Active mandates

Jacques Le Couter

Mandate

Active

LECOVA

Managing director · 0435.062.816

Represented by Lutgardis Van Daele

Active

RENASCI

Mandate · 0447.950.453

Active

Scottie

Mandate · 1019.826.524

Represented by Stijn Le Couter

Active

Ended mandates

Tiejalu

Managing director · since 31 décembre 2015 · 0563.621.765

Represented by Jacques Le Couter

Ended

RENASCI

Managing director · since 15 juin 2006 · 0447.950.453

Represented by stijn le couter

Ended

jacques le couter

Managing director · since 03 mars 2006

Ended

LECOVA

Managing director · since 03 mars 2006 · 0435.062.816

Represented by lutgardis van daele

Ended

At this address

Other companies at this address

Company	CBE no.
LECOVA● Active	0435.062.816
RENASCI● Active	0447.950.453
Scottie● Active	1019.826.524

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	29/05/2026	30/04/2025	30/05/2024	29/04/2023	10/05/2022	27/05/2021
General meeting	06/03/2026	07/03/2025	01/03/2024	31/03/2023	04/03/2022	05/03/2021
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

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/09/2025	06/03/2026	29/05/2026	Dutch	PDF
Full model	30/09/2024	07/03/2025	30/04/2025	Dutch	PDF
Full model	30/09/2023	01/03/2024	30/05/2024	Dutch	PDF
Full model	30/09/2022	31/03/2023	29/04/2023	Dutch	PDF
Full model	30/09/2021	04/03/2022	10/05/2022	Dutch	PDF
Full model	30/09/2020	05/03/2021	27/05/2021	Dutch	PDF
Full model	30/09/2019	06/03/2020	29/05/2020	Dutch	PDF
Full model	30/09/2018	12/04/2019	14/05/2019	Dutch	PDF
Full model	30/09/2017	02/03/2018	07/05/2018	Dutch	PDF
Full model	30/09/2016	03/03/2017	20/05/2017	Dutch	PDF
Full model	30/09/2015	04/03/2016	31/05/2016	Dutch	PDF
Full model	30/09/2014	06/03/2015	20/05/2015	Dutch	PDF
Full model	30/09/2013	07/03/2014	28/05/2014	Dutch	PDF
Full model	30/09/2012	01/03/2013	08/05/2013	Dutch	PDF
Full model	30/09/2011	02/03/2012	19/06/2012	Dutch	PDF
Full modelCorrection	30/09/2010	04/03/2011	21/06/2011	Dutch	PDF
Full model	30/09/2010	04/03/2011	31/05/2011	Dutch	PDF
Full modelCorrection	30/09/2009	05/03/2010	25/10/2010	Dutch	PDF
Full model	30/09/2009	05/03/2010	31/05/2010	Dutch	PDF
Full model	30/09/2008	06/03/2009	25/05/2009	Dutch	PDF
Full model	30/09/2007	07/03/2008	13/05/2008	Dutch	PDF
Abridged model	30/09/2006	02/03/2007	28/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 4 active · 12 ended

Active mandates

Jacques Le Couter

Mandate

Active

LECOVA

Managing director · 0435.062.816

Represented by Lutgardis Van Daele

Active

RENASCI

Mandate · 0447.950.453

Active

Scottie

Mandate · 1019.826.524

Represented by Stijn Le Couter

Active

Ended mandates

Tiejalu

Managing director · since 31 décembre 2015 · 0563.621.765

Represented by Jacques Le Couter

Ended

RENASCI

Managing director · since 15 juin 2006 · 0447.950.453

Represented by stijn le couter

Ended

jacques le couter

Managing director · since 03 mars 2006

Ended

LECOVA

Managing director · since 03 mars 2006 · 0435.062.816

Represented by lutgardis van daele

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/05/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring21/10/2014
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring01/09/2014
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates29/04/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/07/2006
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

2025
Annual accounts 20251,0 M €↓
2024
Annual accounts 20241,5 M €↓
2023
Annual accounts 20232,5 M €↑
2022
Annual accounts 20221,3 M €↓
2021
Annual accounts 20211,8 M €↓
2020
Annual accounts 20201,8 M €↑
2019
Annual accounts 20191,3 M €↓
2018
Annual accounts 20181,3 M €↑
2017
Annual accounts 20171,2 M €↓
2016
Annual accounts 20161,5 M €↓
2015
Annual accounts 20151,6 M €↑
2014
Annual accounts 2014908,1 k €↓
2013
Annual accounts 20131,2 M €↑
2012
Annual accounts 20121,1 M €↑
2011
Annual accounts 2011703,4 k €↓
2010
Annual accounts 2010789,4 k €↓
2009
Annual accounts 2009818,5 k €↑
2008
Annual accounts 2008631,7 k €↓
2007
Annual accounts 2007735,9 k €↑
2006
Annual accounts 2006648,6 k €
28/06/1988
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

LE COUTER

Overview

What does LE COUTER 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