ACTIVE

L.S.C.

Financial year 2025 · closed on 31/12/2025
Net result
-319,5 k €
-36.1% YoY
Gross margin
-313,9 k €
-52.5% YoY
Equity
-632,9 k €
-101.9% YoY

What does L.S.C. do?

L.S.C. is a Public limited company incorporated in 1991. Its main activity is: Development of building projects. Its registered office is in Bilzen-Hoeselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0444.325.524
Incorporation
29/05/1991
Legal form
Public limited company
Registered office
Kloosterstraat 16
3740 Bilzen-Hoeselt · FlandreSee on map
Contributed capital
130 145,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 124
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212018201720162015201420132012201120102009
Income statement
Gross margin-313,9 k €-205,8 k €-9,3 k €44,7 k €21,3 k €373,3 k €337,1 k €-381,4 k €713,4 k €503,4 k €661,1 k €82,2 k €50,7 k €119,8 k €62,4 k €
EBITDA-316,3 k €-206,1 k €-32 k €38,6 k €7,7 k €225,4 k €211,2 k €20,9 k €211,4 k €401,3 k €588,2 k €79 k €19,7 k €47,8 k €53,8 k €
Operating result-317,2 k €-207,9 k €-33,7 k €32 k €-10,2 k €98,7 k €202,5 k €19,5 k €150,2 k €418,9 k €566,4 k €63,4 k €-5,8 k €20,7 k €7,1 k €
Net result-319,5 k €-234,7 k €-139,9 k €60,7 k €-139 k €-3,4 k €135,4 k €-143,3 k €10,8 k €2,5 k €3,3 k €3,4 k €-109,9 k €174,4 k €467 €
Balance sheet
Equity-632,9 k €-313,4 k €-78,7 k €61,2 k €492,4 €265,4 k €268,8 k €133,4 k €276,7 k €265,9 k €263,4 k €260,1 k €110,9 k €209 k €34,6 k €
Total assets1,1 M €1,6 M €2,3 M €2,6 M €3,4 M €4 M €4,5 M €4,8 M €8 M €8,5 M €6,1 M €4,1 M €2,1 M €1,4 M €272,3 k €
Cash19,9 k €8,5 k €2,4 k €10,1 k €799,2 €9,5 k €5,4 k €18,2 k €4,9 k €9,9 k €51,8 k €73,6 k €9,3 k €24,9 k €17,6 k €
Debts1,8 M €1,9 M €2,4 M €2,6 M €3,4 M €3,7 M €4,2 M €4,7 M €7,2 M €8 M €5,6 M €3,6 M €2 M €1,2 M €237,7 k €
Other
Workforce2,0 ETP2,4 ETP3,0 ETP3,3 ETP2,0 ETP2,6 ETP1,0 ETP
Governance

Board of directors

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

Active mandates

Lore Sauwens

Managing director · since 03 novembre 2024 · until 30 avril 2031

Active
Antoinette Lenaerts

Director · since 30 avril 2023 · until 30 avril 2029

Active

Ended mandates

Lore Sauwens

Gedelegeerd bestuurder · since 03 novembre 2024 · until 03 novembre 2030

Ended
Antoinette Lenaerts

Bestuurder · since 30 avril 2023 · until 30 avril 2029

Ended
Herman Sauwens

Gedelegeerd bestuurder · since 30 avril 2023 · until 03 novembre 2024

Ended
Herman Sauwens

Gedelegeerd bestuurder · since 30 avril 2023 · until 30 avril 2029

Ended
At this address

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0873.199.146
Johan SauwensActive
0562.881.397
J.T. CONCEPTActive
0676.479.978
KOGWETHOActive
0721.918.045
0832.675.318
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro 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 date30/06/202601/07/202526/08/202428/08/202310/06/202228/09/2021
General meeting26/06/202630/04/202528/06/202430/06/202330/04/202222/09/2021
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
Micro model31/12/202526/06/202630/06/2026DutchPDF
Abridged model31/12/202430/04/202501/07/2025DutchPDF
Abridged model31/12/202328/06/202426/08/2024DutchPDF
Abridged model31/12/202230/06/202328/08/2023DutchPDF
Abridged model31/12/202130/04/202210/06/2022DutchPDF
Abridged model31/12/202022/09/202128/09/2021DutchPDF
Abridged model31/12/201931/08/202006/10/2020DutchPDF
Abridged model31/12/201828/06/201930/08/2019DutchPDF
Abridged model31/12/201726/11/201827/11/2018DutchPDF
Abridged model31/12/201630/04/201728/08/2017DutchPDF
Abridged model31/12/201503/12/201627/12/2016DutchPDF
Abridged model31/12/201430/04/201531/12/2015DutchPDF
Abridged model31/12/201330/04/201416/12/2014DutchPDF
Abridged model31/12/201230/04/201320/12/2013DutchPDF
Abridged model31/12/201130/04/201228/09/2012DutchPDF
Abridged model31/12/201030/04/201130/08/2011DutchPDF
Abridged model31/12/200923/04/201018/06/2010DutchPDF
Abridged model31/12/200824/04/200912/08/2009DutchPDF
Abridged model31/12/200725/04/200801/07/2008DutchPDF
Abridged model31/12/200627/04/200722/08/2007DutchPDF
Estimate

Indicative valuation

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

Lore Sauwens

Managing director · since 03 novembre 2024 · until 30 avril 2031

Active
Antoinette Lenaerts

Director · since 30 avril 2023 · until 30 avril 2029

Active

Ended mandates

Lore Sauwens

Gedelegeerd bestuurder · since 03 novembre 2024 · until 03 novembre 2030

Ended
Antoinette Lenaerts

Bestuurder · since 30 avril 2023 · until 30 avril 2029

Ended
Herman Sauwens

Gedelegeerd bestuurder · since 30 avril 2023 · until 03 novembre 2024

Ended
Herman Sauwens

Gedelegeerd bestuurder · since 30 avril 2023 · until 30 avril 2029

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/12/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/09/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates08/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/01/2012
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates06/12/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring11/01/2006
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates02/08/2004
    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 2025-319,5 k €
  2. 2024
    Annual accounts 2024-234,7 k €
  3. 2023
    Annual accounts 2023-139,9 k €
  4. 2022
    Annual accounts 202260,7 k €
  5. 2021
    Annual accounts 2021-139 k €
  6. 2021
    Name changeLSC
  7. 2018
    Annual accounts 2018-3,4 k €
  8. 2017
    Annual accounts 2017135,4 k €
  9. 2016
    Annual accounts 2016-143,3 k €
  10. 2015
    Annual accounts 201510,8 k €
  11. 2014
    Annual accounts 20142,5 k €
  12. 2013
    Annual accounts 20133,3 k €
  13. 2012
    Annual accounts 20123,4 k €
  14. 2011
    Annual accounts 2011-109,9 k €
  15. 2010
    Annual accounts 2010174,4 k €
  16. 2009
    Annual accounts 2009467 €
  17. 2009
    Name changeL.S.C.
  18. 29/05/1991
    IncorporationPublic limited company