ACTIVE

LVC SOLUTIONS

Financial year 2025 · closed on 31/12/2025
Net result
601,5 k €
-6.2% YoY
Gross margin
2 M €
-1.6% YoY
Equity
513,6 k €
-50.0% YoY
Workforce
13,1 ETP
-1.5% YoY

What does LVC SOLUTIONS do?

LVC SOLUTIONS is a Public limited company incorporated in 1989. Its main activity is: Architectural and engineering activities; technical testing and analysis. Its registered office is in Genk. It employs on average 13,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0439.714.955
Incorporation
28/12/1989
Legal form
Public limited company
Registered office
Horizonlaan 18
3600 Genk · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
13,1 ETP
Joint committees (4)
  • 100
  • 14904
  • 200
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212015201420132012201120102009200820072006
Income statement
Gross margin2 M €2 M €1,7 M €1,6 M €1,1 M €224,3 k €215,9 k €141,9 k €190,6 k €200,7 k €207,1 k €242 k €310,9 k €405,6 k €329,3 k €
EBITDA1 M €1 M €923 k €1 M €524 k €97,7 k €87,5 k €9,6 k €79,1 k €103,8 k €140,4 k €140,3 k €213,1 k €235,5 k €205,3 k €
Operating result829,4 k €877,4 k €784,5 k €913,5 k €275,5 k €36,9 k €10 k €-68,5 k €218,4 €5,5 k €32,5 k €8,1 k €28,6 k €60,4 k €31,8 k €
Net result601,5 k €641,3 k €559,8 k €680,4 k €197,4 k €30,5 k €6,7 k €-74,2 k €-5 k €1 k €28,9 k €325,9 €17,4 k €43,7 k €24,7 k €
Balance sheet
Equity513,6 k €1 M €935,8 k €776 k €445,7 k €396,5 k €366,1 k €359,4 k €433,6 k €438,7 k €437,6 k €408,7 k €408,4 k €391 k €347,3 k €
Total assets3,7 M €3,2 M €2,9 M €2,5 M €1,9 M €616,5 k €550,7 k €572,5 k €604,6 k €662,5 k €738 k €637,7 k €701,3 k €706,4 k €700,7 k €
Cash56 k €145,8 k €290,9 k €415,8 k €420 k €241,5 k €231,3 k €205,6 k €293,5 k €312,6 k €361,1 k €220,3 k €173,9 k €119,2 k €85,2 k €
Debts3,2 M €2,1 M €1,9 M €1,7 M €1,4 M €210,8 k €174,1 k €205,1 k €163,6 k €217 k €294 k €223,2 k €284,6 k €310,2 k €347,2 k €
Other
Workforce13,1 ETP13,3 ETP11,6 ETP9,2 ETP9,2 ETP2,6 ETP3,1 ETP2,9 ETP2,1 ETP2,5 ETP2,6 ETP3,0 ETP3,3 ETP4,9 ETP3,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 23 ended

Active mandates

Ine Vanbuel

Director · since 11 mai 2022 · until 11 mai 2028

Active
INITIUM

Director · since 11 mai 2022 · until 11 mai 2028 · 0817.078.510

Represented by Maarten Bynens

Active

Ended mandates

Ine Vanbuel

Director · since 25 septembre 2023 · until 25 septembre 2029

Ended
INITIUM

Director · since 25 septembre 2023 · until 25 septembre 2029 · 0817.078.510

Represented by Bynens MAARTEN

Ended
INITIUM

Director · since 25 septembre 2023 · until 25 septembre 2029 · 0817.078.510

Represented by Maarten BYNENS

Ended
INITIUM

Director · since 11 mai 2022 · until 11 mai 2028 · 0817.078.510

Represented by Bynens MAARTEN

Ended
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 date25/03/202619/05/202504/04/202416/06/202301/07/202227/07/2021
General meeting23/03/202625/04/202512/03/202401/06/202311/05/202206/07/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/03/202625/03/2026DutchPDF
Abridged model31/12/202425/04/202519/05/2025DutchPDF
Abridged model31/12/202312/03/202404/04/2024DutchPDF
Abridged model31/12/202201/06/202316/06/2023DutchPDF
Abridged model31/12/202111/05/202201/07/2022DutchPDF
Abridged model31/12/202006/07/202127/07/2021DutchPDF
Abridged model31/12/201924/04/202007/07/2020DutchPDF
Abridged model31/12/201821/06/201923/07/2019DutchPDF
Abridged model31/12/201720/07/201823/08/2018DutchPDF
Micro model31/12/201628/04/201703/07/2017DutchPDF
Abridged model31/12/201529/04/201630/06/2016DutchPDF
Abridged model31/12/201424/04/201531/07/2015DutchPDF
Abridged model31/12/201325/04/201431/07/2014DutchPDF
Abridged model31/12/201226/04/201331/07/2013DutchPDF
Abridged model31/12/201118/05/201204/06/2012DutchPDF
Abridged model31/12/201020/05/201107/07/2011DutchPDF
Abridged model31/12/200921/05/201029/06/2010DutchPDF
Abridged model31/12/200815/05/200926/06/2009DutchPDF
Abridged model31/12/200716/05/200801/07/2008DutchPDF
Abridged model31/12/200627/04/200725/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 active · 23 ended

Active mandates

Ine Vanbuel

Director · since 11 mai 2022 · until 11 mai 2028

Active
INITIUM

Director · since 11 mai 2022 · until 11 mai 2028 · 0817.078.510

Represented by Maarten Bynens

Active

Ended mandates

Ine Vanbuel

Director · since 25 septembre 2023 · until 25 septembre 2029

Ended
INITIUM

Director · since 25 septembre 2023 · until 25 septembre 2029 · 0817.078.510

Represented by Bynens MAARTEN

Ended
INITIUM

Director · since 25 septembre 2023 · until 25 septembre 2029 · 0817.078.510

Represented by Maarten BYNENS

Ended
INITIUM

Director · since 11 mai 2022 · until 11 mai 2028 · 0817.078.510

Represented by Bynens MAARTEN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/09/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Mandates17/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/09/2025
    DIVERSEN
    PDF
  • Mandates27/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/05/2017
    BENAMING - MAATSCHAPPELIJKE ZETEL
    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 2025601,5 k €
  2. 2024
    Annual accounts 2024641,3 k €
  3. 2023
    Annual accounts 2023559,8 k €
  4. 2022
    Annual accounts 2022680,4 k €
  5. 2021
    Annual accounts 2021197,4 k €
  6. 2015
    Annual accounts 201530,5 k €
  7. 2014
    Annual accounts 20146,7 k €
  8. 2013
    Annual accounts 2013-74,2 k €
  9. 2012
    Annual accounts 2012-5 k €
  10. 2011
    Annual accounts 20111 k €
  11. 2010
    Annual accounts 201028,9 k €
  12. 2009
    Annual accounts 2009325,9 €
  13. 2008
    Annual accounts 200817,4 k €
  14. 2007
    Annual accounts 200743,7 k €
  15. 2006
    Annual accounts 200624,7 k €
  16. 28/12/1989
    IncorporationPublic limited company