ACTIVE

LIWECO

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Financial year 2025 · closed on 30/06/2025

Net result

226,9 k €

-16.8% YoY

Gross margin

374,2 k €

-13.3% YoY

Equity

1,5 M €

+18.2% YoY

What does LIWECO do?

LIWECO is a Private limited company incorporated in 1990. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Izegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0442.113.528

Incorporation

25/09/1990

Legal form

Private limited company

Registered office

Ambachtenstraat 33
8870 Izegem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/06/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 70321Activities of head offices; management consultancy activities 66199Other activities auxiliary to financial services, except insurance and pension funding 66199Other activities auxiliary to financial services, except insurance and pension funding 81100Combined facilities support activities+1

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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
Gross margin	374,2 k €	-13.3%	431,6 k €	-27.4%	594,6 k €	+85.4%	320,7 k €	-2.1%	327,6 k €	+4.5%	313,6 k €	+42.5%	220,1 k €	+25.2%	175,7 k €	-9.0%	193,1 k €	-1.5%	195,9 k €	-9.6%	216,7 k €	+11.6%	194,2 k €	+11.4%	174,3 k €	+0.5%	173,5 k €	+12.0%	154,8 k €	-16.7%	185,9 k €	+12.8%	164,9 k €	+0.1%	164,7 k €	-21.6%	210,2 k €
EBITDA	356,4 k €	-17.0%	429,5 k €	-26.1%	581 k €	+90.0%	305,8 k €	-3.7%	317,5 k €	+7.3%	296,1 k €	+46.4%	202,2 k €	+27.0%	159,2 k €	-9.8%	176,6 k €	-1.6%	179,5 k €	-10.3%	200 k €	+12.5%	177,7 k €	+8.2%	164,3 k €	+4.8%	156,8 k €	+12.8%	139 k €	-17.9%	169,4 k €	+14.6%	147,8 k €	-1.1%	149,4 k €	-23.4%	195,1 k €
Operating result	284,5 k €	-18.6%	349,7 k €	-16.2%	417,4 k €	+88.5%	221,4 k €	-2.0%	225,9 k €	+12.1%	201,6 k €	+211%	64,8 k €	-32.7%	96,3 k €	-10.5%	107,7 k €	+1.8%	105,7 k €	-25.0%	140,9 k €	+22.0%	115,6 k €	+4.7%	110,3 k €	+4.9%	105,2 k €	+12.6%	93,4 k €	-10.7%	104,6 k €	+22.3%	85,6 k €	-10.0%	95,1 k €	-32.5%	140,8 k €
Net result	226,9 k €	-16.8%	272,6 k €	-6.5%	291,5 k €	+80.2%	161,8 k €	-1.5%	164,3 k €	+48.5%	110,6 k €	+407%	21,8 k €	-60.3%	54,9 k €	+25.7%	43,7 k €	-5.1%	46 k €	-41.2%	78,3 k €	+1.8%	76,9 k €	+4.5%	73,6 k €	-23.0%	95,6 k €	+48.0%	64,6 k €	+17.7%	54,9 k €	+14.4%	48 k €	-17.1%	57,8 k €	-30.2%	82,9 k €
Balance sheet
Equity	1,5 M €	+18.2%	1,2 M €	+28.0%	972,6 k €	-17.7%	1,2 M €	+3.7%	1,1 M €	+8.5%	1 M €	-4.0%	1,1 M €	+2.0%	1,1 M €	+5.4%	1 M €	+4.5%	972,9 k €	+5.0%	926,9 k €	+9.2%	848,6 k €	-20.8%	1,1 M €	+7.4%	998,1 k €	+10.6%	902,5 k €	+7.7%	837,9 k €	+7.0%	783 k €	+6.5%	735 k €	+8.5%	677,2 k €
Total assets	1,7 M €	+12.3%	1,5 M €	-15.5%	1,8 M €	+15.5%	1,5 M €	-0.8%	1,5 M €	-29.2%	2,2 M €	+2.7%	2,1 M €	+26.7%	1,7 M €	+7.3%	1,6 M €	+0.4%	1,6 M €	+2.6%	1,5 M €	+4.2%	1,5 M €	+0.1%	1,5 M €	+1.9%	1,4 M €	+5.4%	1,4 M €	+4.8%	1,3 M €	+2.5%	1,3 M €	+5.5%	1,2 M €	+4.8%	1,1 M €
Cash	139,2 k €	-74.5%	545,7 k €	-26.6%	743,3 k €	+86.6%	398,3 k €	+238%	117,8 k €	-78.2%	539,9 k €	+19.2%	453,1 k €	-28.3%	631,6 k €	+21.6%	519,3 k €	+45.7%	356,4 k €	-31.0%	516,6 k €	+16.5%	443,3 k €	-3.2%	458,2 k €	+14.2%	401 k €	+204%	131,9 k €	-67.7%	408,6 k €	+22.6%	333,3 k €	+596%	47,9 k €	-89.5%	456,3 k €
Debts	206,6 k €	-19.0%	255 k €	-68.2%	802,7 k €	+127%	354,3 k €	-13.7%	410,5 k €	-64.0%	1,1 M €	+9.8%	1 M €	+70.0%	610,6 k €	+10.9%	550,7 k €	-6.3%	587,6 k €	-1.3%	595,1 k €	-2.7%	611,8 k €	+57.9%	387,6 k €	-9.4%	427,7 k €	-4.7%	448,8 k €	+9.0%	411,6 k €	-5.3%	434,6 k €	+3.3%	420,6 k €	-1.7%	427,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 25 ended

Active mandates

Frederik Vandenberghe

Administrator - manager

Active

Ended mandates

BRIGITTE LIENARD-WEYDTS

Administrator - manager · since 12 janvier 2018

Ended

BRIGITTE LIENARD-WEYDTS

Manager · since 12 janvier 2018

Ended

MARYSE LIENARD-WEYDTS

Administrator - manager · since 12 janvier 2018

Ended

MARYSE LIENARD-WEYDTS

Manager · since 12 janvier 2018

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/12/2025	09/01/2025	29/01/2024	26/01/2023	31/08/2021	05/01/2021
General meeting	06/12/2025	07/12/2024	02/12/2023	05/12/2022	30/08/2021	05/12/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	06/12/2025	31/12/2025	Dutch	PDF
Abridged model	30/06/2024	07/12/2024	09/01/2025	Dutch	PDF
Abridged model	30/06/2023	02/12/2023	29/01/2024	Dutch	PDF
Micro model	30/06/2022	05/12/2022	26/01/2023	Dutch	PDF
Micro model	30/06/2021	30/08/2021	31/08/2021	Dutch	PDF
Micro model	30/06/2020	05/12/2020	05/01/2021	Dutch	PDF
Micro model	30/06/2019	07/12/2019	06/01/2020	Dutch	PDF
Micro model	30/06/2018	01/12/2018	31/01/2019	Dutch	PDF
Micro model	30/06/2017	14/12/2017	15/12/2017	Dutch	PDF
Abridged model	30/06/2016	03/12/2016	02/02/2017	Dutch	PDF
Abridged model	30/06/2015	05/12/2015	16/12/2015	Dutch	PDF
Abridged model	30/06/2014	06/12/2014	19/12/2014	Dutch	PDF
Abridged model	30/06/2013	07/12/2013	11/02/2014	Dutch	PDF
Abridged model	30/06/2012	01/12/2012	09/01/2013	Dutch	PDF
Abridged model	30/06/2011	03/12/2011	14/02/2012	Dutch	PDF
Abridged model	30/06/2010	04/12/2010	29/12/2010	Dutch	PDF
Abridged model	30/06/2009	05/12/2009	14/12/2009	Dutch	PDF
Abridged model	30/06/2008	06/12/2008	09/12/2008	Dutch	PDF
Abridged model	30/06/2007	01/12/2007	06/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/06/2025 · 1 active · 25 ended

Active mandates

Frederik Vandenberghe

Administrator - manager

Active

Ended mandates

BRIGITTE LIENARD-WEYDTS

Administrator - manager · since 12 janvier 2018

Ended

BRIGITTE LIENARD-WEYDTS

Manager · since 12 janvier 2018

Ended

MARYSE LIENARD-WEYDTS

Administrator - manager · since 12 janvier 2018

Ended

MARYSE LIENARD-WEYDTS

Manager · since 12 janvier 2018

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other27/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates16/02/2022
ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
PDF
Mandates27/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/04/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/01/2018
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Capital / shares23/12/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates31/01/2012
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office09/06/2011
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

2025
Annual accounts 2025226,9 k €↓
2024
Annual accounts 2024272,6 k €↓
2023
Annual accounts 2023291,5 k €↑
2022
Annual accounts 2022161,8 k €↓
2021
Annual accounts 2021164,3 k €↑
2020
Annual accounts 2020110,6 k €↑
2019
Annual accounts 201921,8 k €↓
2018
Annual accounts 201854,9 k €↑
2017
Annual accounts 201743,7 k €↓
2016
Annual accounts 201646 k €↓
2015
Annual accounts 201578,3 k €↑
2014
Annual accounts 201476,9 k €↑
2013
Annual accounts 201373,6 k €↓
2012
Annual accounts 201295,6 k €↑
2011
Annual accounts 201164,6 k €↑
2010
Annual accounts 201054,9 k €↑
2009
Annual accounts 200948 k €↓
2008
Annual accounts 200857,8 k €↓
2007
Annual accounts 200782,9 k €
25/09/1990
IncorporationPrivate 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

LIWECO

Overview

What does LIWECO 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