ACTIVE

LPP

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Financial year 2025 · closed on 31/12/2025
Net result
21,1 k €
+140.6% YoY
Gross margin
153,7 k €
+15.8% YoY
Equity
190,9 k €
+12.5% YoY
Workforce
1,0 ETP
-50.0% YoY

What does LPP do?

LPP is a Private limited company incorporated in 1989. Its registered office is in Oostende. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0437.478.908
Incorporation
24/05/1989
Legal form
Private limited company
Registered office
John Cordierlaan 21
8400 Oostende · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (1)
  • 118
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 6 financial years

202520242023202220212006
Income statement
Gross margin153,7 k €132,8 k €83,1 k €468,2 k €573 k €-5 k €
EBITDA92,3 k €24,3 k €-27,3 k €372,2 k €501,3 k €-5,5 k €
Operating result22,7 k €-50 k €-138,8 k €292,8 k €296,7 k €-5,8 k €
Net result21,1 k €-52,1 k €-147 k €187,3 k €230,9 k €-6,5 k €
Balance sheet
Equity190,9 k €169,7 k €221,8 k €368,8 k €181,5 k €387,4 k €
Total assets292,4 k €296,3 k €560,4 k €831,8 k €437,7 k €1,6 M €
Cash157,5 k €56,8 k €102,4 k €239,7 k €110,5 k €110,4 k €
Debts101,5 k €126,6 k €338,6 k €462,9 k €256,2 k €1,2 M €
Other
Workforce1,0 ETP2,0 ETP2,0 ETP2,0 ETP1,0 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

Luc Sanders

Bestuurder · since 14 avril 2025

Active
Gisèle Balloey

Bestuurder · since 15 avril 2021

Active

Ended mandates

Gisèle Balloey

Bestuurder · since 15 avril 2021 · until 15 avril 2027

Ended
LUGI

Bestuurder · since 15 avril 2021 · until 28 mars 2025 · 0461.433.453

Represented by Luc Sanders

Ended
LUGI

Bestuurder · since 15 avril 2021 · until 15 avril 2027 · 0461.433.453

Represented by Luc Sanders

Ended
LUGI BV

Bestuurder · since 15 avril 2021 · until 15 avril 2027

Represented by Luc Sanders

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/07/202001/10/2018
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202130/06/2020
Length of the financial year12 months12 months12 months12 months18 months21 months
Filing date19/06/202616/05/202501/07/202403/07/202325/07/202222/12/2020
General meeting15/06/202614/04/202517/06/202419/06/202320/06/202207/12/2020
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 model31/12/202515/06/202619/06/2026DutchPDF
Abridged model31/12/202414/04/202516/05/2025DutchPDF
Abridged model31/12/202317/06/202401/07/2024DutchPDF
Abridged model31/12/202219/06/202303/07/2023DutchPDF
Abridged model31/12/202120/06/202225/07/2022DutchPDF
Abridged model30/06/202007/12/202022/12/2020DutchPDF
Abridged model30/09/201804/03/201908/03/2019DutchPDF
Abridged model30/09/201705/03/201805/04/2018DutchPDF
Abridged model30/09/201606/03/201729/03/2017DutchPDF
Abridged model30/09/201507/03/201616/03/2016DutchPDF
Abridged model30/09/201402/03/201509/03/2015DutchPDF
Abridged model30/09/201303/03/201418/03/2014DutchPDF
Abridged model30/09/201204/03/201319/03/2013DutchPDF
Abridged model30/09/201105/03/201213/03/2012DutchPDF
Abridged model30/09/201007/03/201131/03/2011DutchPDF
Abridged model30/09/200901/03/201004/03/2010DutchPDF
Abridged model30/09/200802/03/200910/03/2009DutchPDF
Abridged model31/12/200611/06/200726/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 19 ended

Active mandates

Luc Sanders

Bestuurder · since 14 avril 2025

Active
Gisèle Balloey

Bestuurder · since 15 avril 2021

Active

Ended mandates

Gisèle Balloey

Bestuurder · since 15 avril 2021 · until 15 avril 2027

Ended
LUGI

Bestuurder · since 15 avril 2021 · until 28 mars 2025 · 0461.433.453

Represented by Luc Sanders

Ended
LUGI

Bestuurder · since 15 avril 2021 · until 15 avril 2027 · 0461.433.453

Represented by Luc Sanders

Ended
LUGI BV

Bestuurder · since 15 avril 2021 · until 15 avril 2027

Represented by Luc Sanders

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/05/2023
    DIVERSEN
    PDF
  • Registered office26/04/2023
    DIVERSEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/04/2021
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates04/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/10/2019
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates16/04/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/03/2009
    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

Timeline

  1. 2025
    Annual accounts 202521,1 k €↑
  2. 2024
    Annual accounts 2024-52,1 k €↑
  3. 2023
    Annual accounts 2023-147 k €↓
  4. 2022
    Annual accounts 2022187,3 k €↓
  5. 2021
    Annual accounts 2021230,9 k €↑
  6. 2021
    Name changeLPP
  7. 2006
    Annual accounts 2006-6,5 k €
  8. 2006
    Name changeLugi Petfood Production
  9. 24/05/1989
    IncorporationPrivate limited company