ACTIVE

LUMIPAPER

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Financial year 2025 · closed on 31/12/2025

Net result

309,5 k €

-65.0% YoY

Revenue

17,4 M €

+5.4% YoY

Equity

9,2 M €

-7.0% YoY

Workforce

96,5 ETP

-10.3% YoY

What does LUMIPAPER do?

LUMIPAPER is a Public limited company incorporated in 1989. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 96,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.452.092

Incorporation

13/01/1989

Legal form

Public limited company

Registered office

Land van Waaslaan(KAL) 3
9130 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map

Contributed capital

8 700 000,00 €

Latest accounts

31/12/2025

Average workforce

96,5 ETP

Joint committees (2)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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	17,4 M €	+5.4%	16,5 M €	-2.6%	17 M €	+2.3%	16,6 M €	+15.7%	14,3 M €	+33.7%	10,7 M €	-6.7%	11,5 M €	-4.4%	12 M €	-3.6%	12,5 M €	+0.3%	12,4 M €	+3.6%	12 M €	+12.7%	10,7 M €	+8.0%	9,9 M €	-6.6%	10,6 M €	-16.5%	12,7 M €	-5.9%	13,4 M €	-6.4%	14,4 M €	-3.4%	14,9 M €	+3.5%	14,4 M €
EBITDA	1,4 M €	-74.1%	5,4 M €	+2.9%	5,3 M €	+6.3%	5 M €	+101%	2,5 M €	+189%	858,4 k €	-2.0%	875,9 k €	+16.9%	749,2 k €	+3.1%	726,9 k €	+5.1%	691,7 k €	-9.3%	762,2 k €	-4.9%	801,3 k €	+0.9%	793,8 k €	-11.5%	897,2 k €	-52.6%	1,9 M €	-19.4%	2,4 M €	-3.1%	2,4 M €	+2.6%	2,4 M €	+6.7%	2,2 M €
Operating result	387,4 k €	-58.1%	923,7 k €	+0.5%	919,4 k €	-13.1%	1,1 M €	+1.7%	1 M €	+166%	391,2 k €	-5.3%	413,2 k €	+18.0%	350,2 k €	-5.5%	370,5 k €	+1.6%	364,7 k €	+2.6%	355,3 k €	+16.6%	304,8 k €	+3.4%	294,9 k €	+6.9%	275,9 k €	-11.0%	309,9 k €	-24.6%	411,3 k €	-13.7%	476,8 k €	-2.6%	489,3 k €	-5.3%	516,5 k €
Net result	309,5 k €	-65.0%	884,2 k €	+19.3%	740,9 k €	-19.5%	919,9 k €	-3.5%	953,8 k €	+132%	410,6 k €	-1.1%	415,2 k €	+19.5%	347,6 k €	-5.6%	368,4 k €	+1.8%	361,7 k €	+2.6%	352,5 k €	+12.8%	312,5 k €	+4.3%	299,6 k €	-10.8%	336 k €	-7.0%	361,4 k €	-12.8%	414,6 k €	-2.3%	424,5 k €	-4.4%	443,9 k €	+4.2%	426,1 k €
Balance sheet
Equity	9,2 M €	-7.0%	9,8 M €	-20.4%	12,4 M €	+6.4%	11,6 M €	+8.6%	10,7 M €	+290%	2,7 M €	+17.6%	2,3 M €	-36.2%	3,7 M €	+10.5%	3,3 M €	+12.5%	2,9 M €	+14.0%	2,6 M €	-68.7%	8,3 M €	-29.1%	11,7 M €	+2.6%	11,4 M €	+3.0%	11 M €	+3.4%	10,7 M €	+4.0%	10,2 M €	+4.3%	9,8 M €	+4.7%	9,4 M €
Total assets	13 M €	-26.0%	17,5 M €	-13.8%	20,3 M €	-18.7%	25 M €	-13.9%	29 M €	+103%	14,3 M €	+68.2%	8,5 M €	+37.9%	6,2 M €	+2.6%	6 M €	+14.8%	5,3 M €	+8.0%	4,9 M €	-53.6%	10,5 M €	-20.4%	13,2 M €	+3.3%	12,7 M €	+0.5%	12,7 M €	+2.2%	12,4 M €	-7.4%	13,4 M €	-5.0%	14,1 M €	-8.1%	15,3 M €
Cash	2 M €	-41.2%	3,4 M €	-1.6%	3,5 M €	-27.6%	4,8 M €	-17.3%	5,8 M €	+1118%	473,3 k €	-63.7%	1,3 M €	-31.6%	1,9 M €	-6.6%	2 M €	+1.6%	2 M €	+59.9%	1,3 M €	-79.4%	6,1 M €	-33.8%	9,2 M €	+14.8%	8 M €	+8.3%	7,4 M €	+39.6%	5,3 M €	+22.1%	4,3 M €	+42.2%	3,1 M €	-15.7%	3,6 M €
Debts	3,8 M €	-47.2%	7,2 M €	-9.1%	8 M €	-40.5%	13,4 M €	-26.7%	18,2 M €	+60.1%	11,4 M €	+84.3%	6,2 M €	+151%	2,5 M €	-6.3%	2,6 M €	+19.9%	2,2 M €	+2.8%	2,1 M €	-3.9%	2,2 M €	+46.7%	1,5 M €	+9.1%	1,4 M €	-16.5%	1,7 M €	-5.1%	1,8 M €	-44.0%	3,1 M €	-24.8%	4,2 M €	-27.7%	5,8 M €
Other
Workforce	96,5 ETP	-10.3%	107,6 ETP	+0.2%	107,4 ETP	+7.5%	99,9 ETP	+14.8%	87,0 ETP	+4.7%	83,1 ETP	-5.9%	88,3 ETP	-1.8%	89,9 ETP	+2.6%	87,6 ETP	+0.7%	87,0 ETP	0.0%	87,0 ETP	+5.7%	82,3 ETP	-9.2%	90,6 ETP	-4.7%	95,1 ETP	-10.3%	106,0 ETP	+2.4%	103,5 ETP	-4.5%	108,4 ETP	-6.2%	115,6 ETP	-0.9%	116,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 54 ended

Active mandates

ANDREAS BIRMOSER

Director · since 04 juin 2025 · until 07 juin 2028

Active

JESPER SÄTTERSTRÖM

Director · since 04 juin 2025 · until 07 juin 2028

Active

TUOMAS MUSTONEN

Director · since 18 juin 2024 · until 04 juin 2025

Active

JOHANNA VENNSTROM

Director · since 26 août 2022 · until 31 mars 2026

Active

MINNA KURKI

Director · since 01 janvier 2021 · until 04 juin 2025

Active

Ended mandates

TUOMAS MUSTONEN

Director · since 18 juin 2024 · until 03 juin 2026

Ended

JOHANNA VENNSTROM

Director · since 26 août 2022 · until 04 juin 2025

Ended

MICAELA THORSTROM

Director · since 18 novembre 2021 · until 26 août 2022

Ended

MICAELA THORSTROM

Director · since 18 novembre 2021 · until 04 juin 2025

Ended

At this address

Other companies at this address

Company	CBE no.
ADVARIO GAS TERMINAL● Active	0659.763.316

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	01/01/2025	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	30/06/2026	27/06/2025	21/06/2024	13/06/2023	13/06/2022	23/06/2021
General meeting	03/06/2026	04/06/2025	05/06/2024	07/06/2023	01/06/2022	02/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	03/06/2026	30/06/2026	Dutch	PDF
Full model	31/12/2024	04/06/2025	27/06/2025	Dutch	PDF
Full model	31/12/2023	05/06/2024	21/06/2024	Dutch	PDF
Full model	31/12/2022	07/06/2023	13/06/2023	Dutch	PDF
Full model	31/12/2021	01/06/2022	13/06/2022	Dutch	PDF
Full model	31/12/2020	02/06/2021	23/06/2021	Dutch	PDF
Full model	31/12/2019	03/06/2020	12/06/2020	Dutch	PDF
Full model	31/12/2018	05/06/2019	24/06/2019	Dutch	PDF
Full model	31/12/2017	06/06/2018	14/06/2018	Dutch	PDF
Full model	31/12/2016	07/06/2017	08/06/2017	Dutch	PDF
Full model	31/12/2015	01/06/2016	09/06/2016	Dutch	PDF
Full model	31/12/2014	26/05/2015	11/06/2015	Dutch	PDF
Full model	31/12/2013	26/05/2014	11/06/2014	Dutch	PDF
Full model	31/12/2012	27/05/2013	18/06/2013	Dutch	PDF
Full model	31/12/2011	29/05/2012	21/06/2012	Dutch	PDF
Full model	31/12/2010	23/05/2011	23/06/2011	Dutch	PDF
Full model	31/12/2009	24/05/2010	27/07/2010	Dutch	PDF
Full model	31/12/2008	25/05/2009	27/07/2009	Dutch	PDF
Full model	31/12/2007	28/05/2008	27/06/2008	Dutch	PDF
Full model	31/12/2006	29/05/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 5 active · 54 ended

Active mandates

ANDREAS BIRMOSER

Director · since 04 juin 2025 · until 07 juin 2028

Active

JESPER SÄTTERSTRÖM

Director · since 04 juin 2025 · until 07 juin 2028

Active

TUOMAS MUSTONEN

Director · since 18 juin 2024 · until 04 juin 2025

Active

JOHANNA VENNSTROM

Director · since 26 août 2022 · until 31 mars 2026

Active

MINNA KURKI

Director · since 01 janvier 2021 · until 04 juin 2025

Active

Ended mandates

TUOMAS MUSTONEN

Director · since 18 juin 2024 · until 03 juin 2026

Ended

JOHANNA VENNSTROM

Director · since 26 août 2022 · until 04 juin 2025

Ended

MICAELA THORSTROM

Director · since 18 novembre 2021 · until 26 août 2022

Ended

MICAELA THORSTROM

Director · since 18 novembre 2021 · until 04 juin 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2024
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 2025309,5 k €↓
2024
Annual accounts 2024884,2 k €↑
2023
Annual accounts 2023740,9 k €↓
2022
Annual accounts 2022919,9 k €↓
2021
Annual accounts 2021953,8 k €↑
2020
Annual accounts 2020410,6 k €↓
2019
Annual accounts 2019415,2 k €↑
2018
Annual accounts 2018347,6 k €↓
2017
Annual accounts 2017368,4 k €↑
2016
Annual accounts 2016361,7 k €↑
2015
Annual accounts 2015352,5 k €↑
2014
Annual accounts 2014312,5 k €↑
2013
Annual accounts 2013299,6 k €↓
2012
Annual accounts 2012336 k €↓
2011
Annual accounts 2011361,4 k €↓
2010
Annual accounts 2010414,6 k €↓
2009
Annual accounts 2009424,5 k €↓
2008
Annual accounts 2008443,9 k €↑
2007
Annual accounts 2007426,1 k €
13/01/1989
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

LUMIPAPER

Overview

What does LUMIPAPER 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