ACTIVE

LBV PARTNERS (SA)

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Financial year 2025 · closed on 31/12/2025
Net result
-112,2 k €
+85.2% YoY
Gross margin
-11,6 k €
+92.8% YoY
Equity
-307,5 k €
-57.4% YoY

What does LBV PARTNERS do?

LBV PARTNERS is a Public limited company incorporated in 1988. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Tournai.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0436.219.391
Incorporation
16/12/1988
Legal form
Public limited company
Registered office
Chaussée de Lille(TOU) 327 box 0.4
7500 Tournai · WallonieSee on map
Contributed capital
149 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
Signals
Good liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020082007
Income statement
Gross margin-11,6 k €-161,7 k €752,6 k €705,1 k €738,9 k €716,7 k €1,1 M €817,1 k €816,4 k €924,2 k €918,4 k €731 k €1,1 M €1,1 M €1 M €2,2 M €734,5 k €582,4 k €
EBITDA-57,9 k €-694,2 k €89 k €114,4 k €84,4 k €95,1 k €161 k €95,8 k €100,3 k €93,4 k €142,1 k €-173,7 k €181,9 k €343,3 k €250 k €760,5 k €119 k €124,1 k €
Operating result-107,4 k €-744,8 k €28,1 k €52,2 k €17,7 k €23,2 k €26,4 k €10 k €4,5 k €1,9 k €25,2 k €44,6 k €10,2 k €141,9 k €59 k €154,5 k €20,6 k €16,9 k €
Net result-112,2 k €-759,4 k €-3 k €24,6 k €-4,4 k €-1,7 k €-4,7 k €-2,8 k €-3,8 k €-3 k €17,1 k €53,1 k €4,3 k €205,6 k €42,5 k €126,2 k €11,5 k €633,2 €
Balance sheet
Equity-307,5 k €-195,3 k €564,1 k €567,1 k €542,5 k €546,9 k €548,6 k €553,3 k €556,1 k €559,9 k €562,9 k €545,8 k €492,7 k €488,4 k €281,1 k €238,6 k €112,4 k €101 k €
Total assets283,8 k €595,9 k €1,4 M €1,5 M €1,8 M €2 M €2,2 M €2 M €2,1 M €2,1 M €2,4 M €2,7 M €2,6 M €3,6 M €3 M €1,2 M €1,1 M €1,1 M €
Cash9,5 k €125 k €35,7 k €129,6 k €64,8 k €19,9 k €97,8 k €192,6 k €148 k €234 k €96,1 k €26 k €34,7 k €221 k €8,7 k €57,5 k €3,8 k €113,5 k €
Debts587,9 k €786 k €874,1 k €946,1 k €1,3 M €1,4 M €1,6 M €1,5 M €1,6 M €1,5 M €1,8 M €2,1 M €2 M €3,1 M €2,5 M €789,4 k €971,2 k €995,4 k €
Other
Workforce––13,1 ETP13,3 ETP16,7 ETP17,3 ETP14,3 ETP17,3 ETP19,3 ETP20,8 ETP20,8 ETP19,9 ETP21,6 ETP22,8 ETP18,4 ETP18,8 ETP17,5 ETP13,7 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 11 ended

Active mandates

Bernadette Jonckheere

Director · since 25 juin 2021 · until 30 juin 2027

Active
Luc Verschuere

Managing director · since 25 juin 2021 · until 30 juin 2027

Active

Ended mandates

Bernadette Jonckheere

Director · since 01 juin 2017 · until 23 juin 2021

Ended
Luc Verschuere

Managing director · since 23 juin 2015 · until 23 juin 2021

Ended
Quentin Walcarius

Director · since 23 juin 2015 · until 23 juin 2021

Ended
B & L

Director · since 23 juin 2009 · until 01 avril 2014 · 0455.597.518

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/08/202628/08/202501/07/202431/08/202305/08/202213/08/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202625/08/2026FrenchPDF
Abridged model31/12/202427/06/202528/08/2025FrenchPDF
Abridged model31/12/202328/06/202401/07/2024FrenchPDF
Abridged model31/12/202230/06/202331/08/2023FrenchPDF
Abridged model31/12/202124/06/202205/08/2022FrenchPDF
Abridged model31/12/202025/06/202113/08/2021FrenchPDF
Abridged model31/12/201926/06/202007/07/2020FrenchPDF
Abridged model31/03/201815/09/201831/10/2018FrenchPDF
Abridged model31/03/201716/09/201731/10/2017FrenchPDF
Abridged model31/03/201617/09/201630/09/2016FrenchPDF
Abridged model31/03/201519/09/201529/09/2015FrenchPDF
Abridged model31/03/201420/09/201426/11/2014FrenchPDF
Abridged model31/03/201321/09/201305/11/2013FrenchPDF
Abridged model31/03/201215/09/201230/11/2012FrenchPDF
Abridged model31/03/201117/09/201130/11/2011FrenchPDF
Abridged model31/03/201018/09/201015/11/2010FrenchPDF
Abridged model30/06/200830/06/200820/02/2009FrenchPDF
Abridged model30/06/200724/11/200707/12/2007FrenchPDF
Estimate

Indicative valuation

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 · 2 active · 11 ended

Active mandates

Bernadette Jonckheere

Director · since 25 juin 2021 · until 30 juin 2027

Active
Luc Verschuere

Managing director · since 25 juin 2021 · until 30 juin 2027

Active

Ended mandates

Bernadette Jonckheere

Director · since 01 juin 2017 · until 23 juin 2021

Ended
Luc Verschuere

Managing director · since 23 juin 2015 · until 23 juin 2021

Ended
Quentin Walcarius

Director · since 23 juin 2015 · until 23 juin 2021

Ended
B & L

Director · since 23 juin 2009 · until 01 avril 2014 · 0455.597.518

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office11/09/2026
    SIEGE
    PDF
  • Mandates24/01/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/10/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other05/04/2019
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates27/06/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/01/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/10/2014
    DEMISSIONS, NOMINATIONS
    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 2025-112,2 k €↑
  2. 2024
    Annual accounts 2024-759,4 k €↓
  3. 2024
    Name changeLBV PARTNERS
  4. 2023
    Annual accounts 2023-3 k €↓
  5. 2022
    Annual accounts 202224,6 k €↑
  6. 2021
    Annual accounts 2021-4,4 k €↓
  7. 2021
    Name changeVERSCHUERE TECHNOLOGY
  8. 2020
    Annual accounts 2020-1,7 k €↑
  9. 2019
    Annual accounts 2019-4,7 k €↓
  10. 2018
    Annual accounts 2018-2,8 k €↑
  11. 2017
    Annual accounts 2017-3,8 k €↓
  12. 2016
    Annual accounts 2016-3 k €↓
  13. 2015
    Annual accounts 201517,1 k €↓
  14. 2014
    Annual accounts 201453,1 k €↑
  15. 2013
    Annual accounts 20134,3 k €↓
  16. 2012
    Annual accounts 2012205,6 k €↑
  17. 2011
    Annual accounts 201142,5 k €↓
  18. 2010
    Annual accounts 2010126,2 k €↑
  19. 2008
    Annual accounts 200811,5 k €↑
  20. 2007
    Annual accounts 2007633,2 €
  21. 16/12/1988
    IncorporationPublic limited company