ACTIVE

LISAM CONNECT

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Financial year 2025 · closed on 31/12/2025

Net result

1,7 M €

+42107.8% YoY

Revenue

1,9 M €

+7.1% YoY

Equity

14,9 M €

+6.0% YoY

Workforce

1,0 ETP

0.0% YoY

What does LISAM CONNECT do?

LISAM CONNECT is a Public limited company incorporated in 1988. Its registered office is in Ecaussinnes. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.691.930

Incorporation

30/09/1988

Legal form

Public limited company

Registered office

Rue Jean Jaurès 5
7190 Ecaussinnes · WallonieSee on map

Contributed capital

5 014 082,71 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ 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		2008		2007
Income statement
Revenue	1,9 M €	+7.1%	1,8 M €	+4.1%	1,7 M €	+29.0%	1,4 M €	+30.9%	1 M €	-4.3%	1,1 M €	-25.8%	1,5 M €		–		355,7 k €	+56.9%	226,6 k €	+41.1%	160,6 k €	+8.7%	147,6 k €	+188%	51,2 k €	+3.2%	49,6 k €	-13.2%	57,2 k €	+116598%	49 €	-99.9%	66,7 k €	-82.0%	371,2 k €	-21.1%	470,6 k €
EBITDA	2,2 M €	+167%	834,9 k €	+12.1%	744,5 k €	+59.2%	467,7 k €	+34.8%	347 k €	-43.8%	617,5 k €	+78.0%	346,9 k €	+450%	63 k €	-51.3%	129,4 k €	+145%	52,8 k €	+1.4%	52,1 k €	+25.8%	41,4 k €	-16.0%	49,3 k €	+1.9%	48,4 k €	-5.6%	51,2 k €	+9822%	-527 €	+99.2%	-69,4 k €	-398%	23,3 k €	-64.0%	64,8 k €
Operating result	1,9 M €	+699%	238,4 k €	+10.5%	215,7 k €	+110%	102,6 k €	+2154%	-5 k €	-128%	18,1 k €	-90.5%	191,2 k €	+233%	57,5 k €	-55.6%	129,4 k €	+145%	52,8 k €	+1.4%	52,1 k €	+25.8%	41,4 k €	-16.0%	49,3 k €	+1.9%	48,4 k €	-5.6%	51,2 k €	+9822%	-527 €	+99.2%	-69,4 k €	-559%	15,1 k €	-73.1%	56,2 k €
Net result	1,7 M €	+42108%	4,1 k €	-97.5%	163,2 k €	+573%	24,2 k €	+7.8%	22,5 k €	-59.2%	55,1 k €	-75.3%	223,5 k €	-27.6%	308,8 k €	+315%	74,5 k €	+125%	33,1 k €	+7.6%	30,7 k €	+74.8%	17,6 k €	-2.0%	17,9 k €	+2.3%	17,5 k €	-39.9%	29,2 k €	+4666%	-639 €	-106%	10,1 k €	-0.7%	10,2 k €	-66.3%	30,3 k €
Balance sheet
Equity	14,9 M €	+6.0%	14,1 M €	+0.0%	14,1 M €	+4.1%	13,5 M €	-91.3%	155,6 M €	+107%	75,3 M €	+42.2%	53 M €	+60.0%	33,1 M €	+0.9%	32,8 M €	+0.2%	32,7 M €	+10533%	307,7 k €	+11.1%	276,9 k €	+6.8%	259,3 k €	+7.4%	241,4 k €	+7.8%	223,9 k €	+69.4%	132,2 k €	-0.5%	132,8 k €	+8.3%	122,7 k €	+9.1%	112,5 k €
Total assets	24,3 M €	-0.5%	24,4 M €	+1.9%	24 M €	+20.7%	19,8 M €	-88.1%	166,3 M €	+95.0%	85,2 M €	+33.8%	63,7 M €	+74.7%	36,5 M €	+1.2%	36 M €	+6.0%	34 M €	+4757%	700 k €	+1.6%	689 k €	+8.2%	636,6 k €	-8.2%	693,7 k €	-4.6%	727,1 k €	+450%	132,2 k €	-49.7%	263,1 k €	-26.2%	356,2 k €	+27.7%	278,9 k €
Cash	57,7 k €	-17.3%	69,8 k €	+11.9%	62,4 k €	+26.4%	49,4 k €	-53.2%	105,5 k €	-19.3%	130,7 k €	-35.9%	204,1 k €	+723%	24,8 k €	-77.0%	108 k €	+57.1%	68,7 k €	+355%	15,1 k €	-20.3%	19 k €	+68.4%	11,3 k €	-28.2%	15,7 k €	+17.4%	13,4 k €	+1321%	941 €	-93.2%	13,9 k €	-21.0%	17,5 k €	-37.1%	27,9 k €
Debts	9,3 M €	-9.4%	10,3 M €	+4.7%	9,9 M €	+56.0%	6,3 M €	-40.4%	10,6 M €	+7.0%	9,9 M €	-7.3%	10,7 M €	+222%	3,3 M €	+6.7%	3,1 M €	+165%	1,2 M €	+276%	312,2 k €	-9.6%	345,4 k €	-4.9%	363,2 k €	-17.1%	438 k €	-12.5%	500,5 k €		–		130,2 k €	-44.2%	233,5 k €	+46.9%	159 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-76.2%	4,2 ETP	-46.8%	7,9 ETP	+14.5%	6,9 ETP	+23.2%	5,6 ETP	+24.4%	4,5 ETP	+18.4%	3,8 ETP	+111%	1,8 ETP	+80.0%	1,0 ETP	+25.0%	0,8 ETP		–		–		–		–		0,0 ETP	-100%	0,9 ETP	-10.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

Elodie HEMBERG

Director · since 18 février 2020 · until 30 juin 2026

Active

Michel HEMBERG

Managing director · since 18 février 2020 · until 30 juin 2026

Active

Thierry LEVINTOFF

Director · since 18 février 2020 · until 30 juin 2026

Active

Ended mandates

Elodie HEMBERG

Director · since 18 février 2020 · until 17 février 2026

Ended

Michel HEMBERG

Managing director · since 18 février 2020 · until 17 février 2026

Ended

Thierry LEVINTOFF

Director · since 18 février 2020 · until 17 février 2026

Ended

Elodie HEMBERG

Director · since 22 décembre 2016

Ended

At this address

Other companies at this address

Company	CBE no.
BUREAU FINANCIER ECAUSSINNOIS● Active	0445.993.231
COGEN REAL ESTATE & BUSINESS SERVICES● Active	0536.852.339
HI● Active	0899.241.072
IT - SPIN OFF● Active	0466.573.562
Lisam.Cloud● Active	0539.942.085
LISAM E-CLUB● Active	0798.397.793
LISAM EHS SOFTWARE● Active	0785.569.247
MEGABYTE CONSULTING● Active	0428.827.201
METHODS AND SERVICES GROUP● Active	0429.541.536
MITH● Active	0756.981.565
MSG - International Europe● Active	0423.000.172
ROYAL PALETTE VERTE ECAUSSINNES● Active	0443.782.324
TM DIFFUSION● Active	0434.098.952
V-SERVICES● Active	0889.047.164

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/07/2026	30/06/2025	02/08/2024	28/08/2023	28/09/2022	28/06/2021
General meeting	30/06/2026	24/06/2025	01/08/2024	23/08/2023	12/09/2022	11/05/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	01/07/2026	French	PDF
Abridged model	31/12/2024	24/06/2025	30/06/2025	French	PDF
Full model	31/12/2023	01/08/2024	02/08/2024	French	PDF
Full model	31/12/2022	23/08/2023	28/08/2023	French	PDF
Full model	31/12/2021	12/09/2022	28/09/2022	French	PDF
Consolidated accounts	31/12/2021	14/02/2023	02/03/2023	French	PDF
Full model	31/12/2020	11/05/2021	28/06/2021	French	PDF
Abridged model	31/12/2019	12/05/2020	16/07/2020	French	PDF
Abridged model	31/12/2018	14/05/2019	25/06/2019	French	PDF
Abridged model	31/12/2017	08/05/2018	18/06/2018	French	PDF
Abridged model	31/12/2016	09/05/2017	28/06/2017	French	PDF
Abridged model	31/12/2015	10/05/2016	31/05/2016	French	PDF
Abridged model	31/12/2014	12/05/2015	08/07/2015	French	PDF
Abridged model	31/12/2013	13/05/2014	26/06/2014	French	PDF
Abridged model	31/12/2012	14/05/2013	20/06/2013	French	PDF
Abridged model	31/12/2011	08/05/2012	02/07/2012	French	PDF
Abridged model	30/09/2010	13/12/2010	14/12/2010	French	PDF
Abridged model	30/09/2009	14/12/2009	17/03/2010	French	PDF
Abridged model	30/09/2008	08/12/2008	20/05/2009	French	PDF
Abridged model	30/09/2007	11/12/2007	23/05/2008	French	PDF
Abridged model	30/09/2006	11/12/2006	26/04/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

Elodie HEMBERG

Director · since 18 février 2020 · until 30 juin 2026

Active

Michel HEMBERG

Managing director · since 18 février 2020 · until 30 juin 2026

Active

Thierry LEVINTOFF

Director · since 18 février 2020 · until 30 juin 2026

Active

Ended mandates

Elodie HEMBERG

Director · since 18 février 2020 · until 17 février 2026

Ended

Michel HEMBERG

Managing director · since 18 février 2020 · until 17 février 2026

Ended

Thierry LEVINTOFF

Director · since 18 février 2020 · until 17 février 2026

Ended

Elodie HEMBERG

Director · since 22 décembre 2016

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring08/05/2026
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates18/11/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates17/10/2024
DEMISSIONS, NOMINATIONS
PDF
Restructuring16/09/2024
OBJET - CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring23/02/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring23/08/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - OBJET - CAPITAL, ACTIONS
PDF
Restructuring16/06/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring13/06/2022
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - CAPITAL, ACTIONS
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

01/01/2026
autre
2025
Annual accounts 20251,7 M €↑
2024
Annual accounts 20244,1 k €↓
06/09/2024
nominationEY Réviseurs d'Entreprises SRL — commissaire
2023
Annual accounts 2023163,2 k €↑
2022
Annual accounts 202224,2 k €↑
2021
Annual accounts 202122,5 k €↓
2020
Annual accounts 202055,1 k €↓
2019
Annual accounts 2019223,5 k €↓
2019
Name changeLISAM CONNECT
2018
Annual accounts 2018308,8 k €↑
2017
Annual accounts 201774,5 k €↑
2016
Annual accounts 201633,1 k €↑
2016
Name changeLISAM HEADQUARTERS
2015
Annual accounts 201530,7 k €↑
2014
Annual accounts 201417,6 k €↓
2013
Annual accounts 201317,9 k €↑
2012
Annual accounts 201217,5 k €↓
2011
Annual accounts 201129,2 k €↑
2011
Name changeMITH
2010
Annual accounts 2010-639 €↓
2009
Annual accounts 200910,1 k €↓
2008
Annual accounts 200810,2 k €↓
2007
Annual accounts 200730,3 k €
2007
Name changePUBLICHEM
30/09/1988
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

LISAM CONNECT

Overview

What does LISAM CONNECT do?

Trend over 19 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