ACTIVE

LOXAM

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Financial year 2025 · closed on 31/12/2025

Net result

-607,2 k €

+77.6% YoY

Revenue

29 M €

-13.4% YoY

Equity

-8,4 M €

-7.8% YoY

Workforce

128,2 ETP

-9.5% YoY

What does LOXAM do?

LOXAM is a Public limited company incorporated in 1990. Its main activity is: Architectural and engineering activities; technical testing and analysis. Its registered office is in Vilvoorde. It employs on average 128,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.386.424

Incorporation

08/08/1990

Legal form

Public limited company

Registered office

Medialaan 30
1800 Vilvoorde · FlandreSee on map

Contributed capital

1 542 846,24 €

Latest accounts

31/12/2025

Average workforce

128,2 ETP

Activities (NACE)

71408Architectural and engineering activities; technical testing and analysis· main 77229Rental of video tapes and disks 77299Rental and leasing of other personal and household goods 77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.

Joint committees (3)

Signals

Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	29 M €	-13.4%	33,5 M €	-4.7%	35,1 M €	+5.4%	33,3 M €	+8.5%	30,7 M €	+28.5%	23,9 M €	+10.2%	21,7 M €	-6.0%	23,1 M €	+0.6%	22,9 M €	+14.7%	20 M €	+9.9%	18,2 M €	+3.8%	17,5 M €	+0.6%	17,4 M €	-7.5%	18,8 M €	+19.9%	15,7 M €	+16.8%	13,4 M €	+1.3%	13,3 M €	+1.6%	13,1 M €	+22.8%	10,6 M €	+31.7%	8,1 M €
EBITDA	3 M €	-52.8%	6,3 M €	-18.2%	7,7 M €	+35.8%	5,7 M €	+16.3%	4,9 M €	-2.2%	5 M €	+15.2%	4,3 M €	-20.4%	5,4 M €	-0.3%	5,4 M €	+16.9%	4,7 M €	+86.1%	2,5 M €	+0.6%	2,5 M €	-21.8%	3,2 M €	-26.3%	4,3 M €	+3.1%	4,2 M €	+14.0%	3,7 M €	+8.2%	3,4 M €	-16.3%	4 M €	+29.7%	3,1 M €	+23.5%	2,5 M €
Operating result	-3,9 M €	-593%	-557,6 k €	-166%	842 k €	+247%	-571,6 k €	+29.8%	-814,7 k €	+55.4%	-1,8 M €	-264%	-501,8 k €	-152%	971,6 k €	-41.7%	1,7 M €	-22.5%	2,2 M €	+374%	-783,4 k €	-28.3%	-610,8 k €	-338%	257 k €	+90.8%	134,7 k €	-75.8%	556,5 k €	+230%	168,8 k €	+147%	-362,3 k €	-136%	1 M €	-5.2%	1,1 M €	+1.4%	1 M €
Net result	-607,2 k €	+77.6%	-2,7 M €	-161%	-1 M €	+41.5%	-1,8 M €	+1.3%	-1,8 M €	+26.2%	-2,4 M €	-113%	-1,1 M €	-846%	153,9 k €	-78.7%	723,4 k €	-45.2%	1,3 M €	+600%	-264,1 k €	+53.1%	-562,7 k €	-622%	107,8 k €	-67.3%	329,1 k €	-13.9%	382,3 k €	+444%	70,3 k €	+112%	-594 k €	-245%	410,5 k €	-30.4%	589,6 k €	+13.5%	519,3 k €
Balance sheet
Equity	-8,4 M €	-7.8%	-7,8 M €	-53.7%	-5,1 M €	-26.0%	-4 M €	-80.3%	-2,2 M €	-428%	-421,5 k €	-121%	2 M €	-36.2%	3,2 M €	+5.1%	3 M €	+8.0%	2,8 M €	+41.5%	2 M €	-11.8%	2,2 M €	-20.1%	2,8 M €	+4.0%	2,7 M €	+54.5%	1,7 M €	+5.0%	1,7 M €	+4.4%	1,6 M €	-27.2%	2,2 M €	+0.5%	2,2 M €	+9.6%	2 M €
Total assets	38,1 M €	-7.5%	41,1 M €	-12.0%	46,8 M €	+2.3%	45,7 M €	+14.0%	40,1 M €	-1.2%	40,5 M €	+48.5%	27,3 M €	-5.3%	28,8 M €	+5.3%	27,4 M €	+27.6%	21,5 M €	+39.8%	15,4 M €	-4.0%	16 M €	+8.0%	14,8 M €	+4.9%	14,1 M €	+3.0%	13,7 M €	-1.1%	13,8 M €	-11.3%	15,6 M €	-4.9%	16,4 M €	+39.7%	11,7 M €	+50.2%	7,8 M €
Cash	280,4 k €	+18.9%	235,7 k €	-56.4%	540,8 k €	+11.2%	486,3 k €	+44.3%	337 k €	-82.6%	1,9 M €	+771%	222,4 k €	-49.2%	438,2 k €	-19.8%	546,2 k €	-9.3%	602,4 k €	+151%	240,2 k €	+17.7%	204,1 k €	-15.0%	240,1 k €	-26.2%	325,4 k €	-30.2%	466,4 k €	+132%	201,1 k €	+26.0%	159,6 k €	+51.7%	105,2 k €	-60.0%	262,7 k €	-13.8%	305 k €
Debts	46,3 M €	-5.3%	48,9 M €	-5.6%	51,8 M €	+4.2%	49,7 M €	+17.8%	42,2 M €	+4.1%	40,5 M €	+61.2%	25,1 M €	-1.7%	25,6 M €	+5.2%	24,3 M €	+30.6%	18,6 M €	+40.5%	13,2 M €	-2.9%	13,6 M €	+17.5%	11,6 M €	+5.3%	11 M €	-6.3%	11,8 M €	-2.4%	12 M €	-12.8%	13,8 M €	-2.3%	14,1 M €	+48.6%	9,5 M €	+64.9%	5,8 M €
Other
Workforce	128,2 ETP	-9.5%	141,6 ETP	-4.6%	148,5 ETP	+7.1%	138,7 ETP	+9.6%	126,6 ETP	-10.3%	141,1 ETP	+42.2%	99,2 ETP	-3.0%	102,3 ETP	+4.4%	98,0 ETP	+3.4%	94,8 ETP	+0.6%	94,2 ETP	-5.9%	100,1 ETP	+6.8%	93,7 ETP	+20.0%	78,1 ETP	+21.8%	64,1 ETP	+2.9%	62,3 ETP	-8.7%	68,2 ETP	+3.8%	65,7 ETP	+9.3%	60,1 ETP	+22.4%	49,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 16 ended

Active mandates

Jérôme Broilliard

Persoon belast met dagelijks bestuur · since 11 juillet 2025

Active

Olivier Brunet

Persoon belast met dagelijks bestuur · since 28 octobre 2024 · until 11 juillet 2025

Active

Stephane HENON

Managing director · since 29 mars 2024 · until 29 mars 2030

Active

Gerard DEPREZ

Chairman of the board of directors · since 31 mars 2023 · until 30 mars 2029

Active

LOXAM SAS

Director · since 31 mars 2023 · until 30 mars 2029

Represented by Patrick Bourmaud

Active

Ended mandates

Loxam SAS

Director · since 31 mars 2023 · until 30 mars 2029 · 0450.776.968

Represented by Patrick Bourmaud

Ended

Stephane Henon

Managing director · since 30 mars 2018 · until 29 mars 2024

Ended

Gérard Deprez

Chairman of the board of directors · since 31 mars 2017 · until 31 mars 2023

Ended

Loxam sas

Director · since 31 mars 2017 · until 31 mars 2023

Represented by Patrick Bourmaud

Ended

At this address

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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	27/04/2026	28/04/2025	26/06/2024	18/04/2023	22/04/2022	16/07/2021
General meeting	31/03/2026	28/03/2025	29/03/2024	31/03/2023	31/03/2022	31/03/2021
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	31/03/2026	27/04/2026	Dutch	PDF
Full model	31/12/2024	28/03/2025	28/04/2025	Dutch	PDF
Full model	31/12/2023	29/03/2024	26/06/2024	Dutch	PDF
Full model	31/12/2022	31/03/2023	18/04/2023	French	PDF
Full model	31/12/2021	31/03/2022	22/04/2022	French	PDF
Full model	31/12/2020	31/03/2021	16/07/2021	French	PDF
Full model	31/12/2019	27/03/2020	30/06/2020	French	PDF
Full model	31/12/2018	29/03/2019	30/04/2019	French	PDF
Full model	31/12/2017	30/03/2018	03/05/2018	French	PDF
Full model	31/12/2016	31/03/2017	27/04/2017	French	PDF
Full model	31/12/2015	25/03/2016	31/05/2016	French	PDF
Full model	31/12/2014	27/03/2015	28/04/2015	French	PDF
Full model	31/12/2013	31/03/2014	06/05/2014	French	PDF
Full model	31/12/2012	29/03/2013	08/05/2013	French	PDF
Full model	31/12/2011	31/03/2012	20/06/2012	French	PDF
Full model	31/12/2010	31/03/2011	09/06/2011	French	PDF
Full model	31/12/2009	29/06/2010	03/08/2010	French	PDF
Full model	31/12/2008	30/06/2009	28/07/2009	French	PDF
Full model	31/12/2007	24/06/2008	29/07/2008	French	PDF
Full model	31/12/2006	26/06/2007	25/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 16 ended

Active mandates

Jérôme Broilliard

Persoon belast met dagelijks bestuur · since 11 juillet 2025

Active

Olivier Brunet

Persoon belast met dagelijks bestuur · since 28 octobre 2024 · until 11 juillet 2025

Active

Stephane HENON

Managing director · since 29 mars 2024 · until 29 mars 2030

Active

Gerard DEPREZ

Chairman of the board of directors · since 31 mars 2023 · until 30 mars 2029

Active

LOXAM SAS

Director · since 31 mars 2023 · until 30 mars 2029

Represented by Patrick Bourmaud

Active

Ended mandates

Loxam SAS

Director · since 31 mars 2023 · until 30 mars 2029 · 0450.776.968

Represented by Patrick Bourmaud

Ended

Stephane Henon

Managing director · since 30 mars 2018 · until 29 mars 2024

Ended

Gérard Deprez

Chairman of the board of directors · since 31 mars 2017 · until 31 mars 2023

Ended

Loxam sas

Director · since 31 mars 2017 · until 31 mars 2023

Represented by Patrick Bourmaud

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/08/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates27/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates27/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/12/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates14/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates31/03/2022
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

2025
Annual accounts 2025-607,2 k €↑
2024
Annual accounts 2024-2,7 M €↓
2023
Annual accounts 2023-1 M €↑
2022
Annual accounts 2022-1,8 M €↑
2021
Annual accounts 2021-1,8 M €↑
2020
Annual accounts 2020-2,4 M €↓
2019
Annual accounts 2019-1,1 M €↓
2018
Annual accounts 2018153,9 k €↓
2017
Annual accounts 2017723,4 k €↓
2016
Annual accounts 20161,3 M €↑
2015
Annual accounts 2015-264,1 k €↑
2014
Annual accounts 2014-562,7 k €↓
2013
Annual accounts 2013107,8 k €↓
2012
Annual accounts 2012329,1 k €↓
2011
Annual accounts 2011382,3 k €↑
2010
Annual accounts 201070,3 k €↑
2009
Annual accounts 2009-594 k €↓
2008
Annual accounts 2008410,5 k €↓
2007
Annual accounts 2007589,6 k €↑
2006
Annual accounts 2006519,3 k €
08/08/1990
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

LOXAM

Overview

What does LOXAM do?

Trend over 20 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