ACTIVE

LCV Development

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Financial year 2025 · Closed on 31/12/2025

Net result1,9 M €+513,8 %over 1 year
Revenue4,7 M €
Equity1,6 M €+701,0 %over 1 year
Workforce0,3 ETP

Identity

Source · BCE/KBO

LCV Development is a Public limited company incorporated in 1988. Its main activity is: Buying and selling of own real estate. Its registered office is in Wortegem-Petegem. It employs on average 0,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0435.582.062
Incorporation
19/10/1988
Legal form
Public limited company
Registered office
Kouter (E.) 3
9790 Wortegem-Petegem · FlandreSee on map
Contributed capital
363 334,62 €
Latest accounts
31/12/2025
Average workforce
0,3 ETP
Joint committees (1)
  • 200
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 15 financial years

20252024202320222017
Income statement
Revenue4,7 M €0 €–––
EBITDA2,4 M €-459,4 k €-6,4 k €-29,2 k €-12,4 k €
Operating result2,3 M €-459,4 k €-53,5 k €-76,9 k €-58,3 k €
Net result1,9 M €-463,2 k €-99 k €-92,1 k €-81,6 k €
Balance sheet
Equity1,6 M €-273,5 k €189,8 k €288,8 k €501,5 k €
Total assets8,8 M €4,2 M €1,3 M €1,3 M €1,2 M €
Cash72,1 k €49,9 k €0 €1,4 k €13,7 k €
Debts7,1 M €4,5 M €1,1 M €975,2 k €729,5 k €
Other
Workforce0,3 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
IMMO WINA0428.338.934Represented by Veerle NAESSENS
Director16/05/2025 → 18/05/2029
DEROOSE PROJECTS0880.450.291Represented by DIRK DEROOSE
Managing director18/06/2024 → 18/05/2029
ISABELLE VAN CAUWENBERGHE
Director18/06/2024 → 18/05/2029
SEM NAESSENS
Director18/06/2024 → 18/05/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
BENCOS Invest0842.737.879Represented by Cosaert Benedict
Director29/03/2018 → 2020 accountsManaging director03/03/2012 → 2012 accounts

Other companies at this address

Kouter (E.) 3 9790 Wortegem-Petegem
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GOSSEYE● Active
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HORENA● Active
0845.732.706
ISOPUR● Active
0461.488.584
Koutermolen● Active
0738.456.347
LCV INVEST● Active
0430.969.416
Lokeren E17● Active
0777.484.989
MAFAWINA● Active
1033.334.268
Meat Atelier● Active
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MIK● Active
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NSB● Active
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ODIWINA● Active
1033.334.466

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months15 months12 months12 months12 months12 months
Filing date14/06/202629/06/202518/10/202303/04/202328/03/202225/03/2021
General meeting15/05/202616/05/202516/10/202304/03/202305/03/202206/03/2021
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
Full model31/12/202515/05/202614/06/2026DutchPDF
Full model31/12/202416/05/202529/06/2025DutchPDF
Abridged model30/09/202316/10/202318/10/2023DutchPDF
Abridged model30/09/202204/03/202303/04/2023DutchPDF
Abridged model30/09/202105/03/202228/03/2022DutchPDF
Abridged model30/09/202006/03/202125/03/2021DutchPDF
Abridged model30/09/201907/03/202017/03/2020DutchPDF
Abridged model30/09/201802/03/201911/03/2019DutchPDF
Abridged model30/09/201730/11/201721/12/2017DutchPDF
Abridged model30/09/201604/03/201729/03/2017DutchPDF
Abridged model30/09/201505/03/201607/03/2016DutchPDF
Abridged model30/09/201407/03/201509/03/2015DutchPDF
Abridged model30/09/201301/03/201421/03/2014DutchPDF
Abridged model30/09/201202/03/201314/03/2013DutchPDF
Abridged model30/09/201103/03/201227/03/2012DutchPDF
Abridged model30/09/201005/03/201106/04/2011DutchPDF
Abridged model30/09/200906/03/201030/03/2010DutchPDF
Abridged model30/09/200807/03/200924/03/2009DutchPDF
Abridged model30/09/200701/03/200811/04/2008DutchPDF
Abridged model30/09/200603/03/200729/03/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
IMMO WINA0428.338.934Represented by Veerle NAESSENS
Director16/05/2025 → 18/05/2029
DEROOSE PROJECTS0880.450.291Represented by DIRK DEROOSE
Managing director18/06/2024 → 18/05/2029
ISABELLE VAN CAUWENBERGHE
Director18/06/2024 → 18/05/2029
SEM NAESSENS
Director18/06/2024 → 18/05/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
BENCOS Invest0842.737.879Represented by Cosaert Benedict
Director29/03/2018 → 2020 accountsManaging director03/03/2012 → 2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates01/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/03/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/12/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Capital / shares04/05/2018
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Restructuring08/03/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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
Filings15 filings
Mandates
IMMO WINA
DEROOSE PROJECTS
ISABELLE VAN CAUWENBERGHE
SEM NAESSENS
BENCOS Invest
Benedict COSAERT
Ignace Cosaert
Solange TRAISNEL
Geert Cosaert
198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
LCV DevelopmentBECO Retail InvestIGNACO
Kouter (E.) 3, 9790 Wortegem-PetegemGrijspeerdstraat 71, 8830 Hooglede
Director
Managing director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Kouter (E.) 3, 9790 Wortegem-PetegemCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00173860
Grijspeerdstraat 71, 8830 Hooglede
accounts 2022 → 2023
Accounts 2023 · 2023-00488913

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
LCV DevelopmentCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00173860
BECO Retail Invest
accounts 2017 → 2023
Accounts 2023 · 2023-00488913
IGNACO
accounts 2007 → 2016
Accounts 2016 · 2017-08000296

Events

  1. 2025
    Annual accounts 20251,9 M €↑
  2. 2024
    Annual accounts 2024-463,2 k €↓
  3. 2024
    Name changeLCV Development
  4. 2023
    Annual accounts 2023-99 k €↓
  5. 2022
    Annual accounts 2022-92,1 k €↓
  6. 2017
    Annual accounts 2017-81,6 k €↓
  7. 2017
    Name changeBECO Retail Invest
  8. 2016
    Annual accounts 201651,1 k €↑
  9. 2015
    Annual accounts 201547,2 k €↑
  10. 2014
    Annual accounts 201446,2 k €↓
  11. 2013
    Annual accounts 201346,3 k €↑
  12. 2012
    Annual accounts 2012-9 k €↓
  13. 2011
    Annual accounts 201172,9 k €↑
  14. 2010
    Annual accounts 201067,2 k €↑
  15. 2009
    Annual accounts 200946,9 k €↑
  16. 2008
    Annual accounts 200844,7 k €↓
  17. 2007
    Annual accounts 200754,4 k €
  18. 19/10/1988
    IncorporationPublic limited company