ACTIVE

LP CONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

838,7 k €

+30.3% YoY

Gross margin

2,1 M €

+21.4% YoY

Equity

1,2 M €

+25.6% YoY

Workforce

14,6 ETP

+15.0% YoY

What does LP CONSTRUCT do?

LP CONSTRUCT is a Public limited company incorporated in 1991. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Zulte. It employs on average 14,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.241.876

Incorporation

25/09/1991

Legal form

Public limited company

Registered office

De Schachelaar 6
9870 Zulte · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

14,6 ETP

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

Joint committees (4)

111
11101
209
20900

Signals

ProfitableLow 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 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
Gross margin	2,1 M €	+21.4%	1,8 M €	+65.7%	1,1 M €	-20.8%	1,3 M €	+18.9%	1,1 M €	+0.5%	1,1 M €	+8.1%	1,0 M €	+18.0%	877,2 k €	+14.8%	763,8 k €	-0.5%	767,6 k €	+29.1%	594,6 k €	+10.2%	539,3 k €	+27.3%	423,7 k €	+40.7%	301,1 k €	+38.3%	217,7 k €	+34.0%	162,5 k €	+15.3%	140,9 k €	-17.2%	170,1 k €	-3.0%	175,3 k €	+138%	73,8 k €
EBITDA	1,3 M €	+24.0%	1,1 M €	+169%	391,8 k €	-43.8%	697,1 k €	+69.6%	411,1 k €	-22.1%	527,6 k €	+15.1%	458,3 k €	+58.3%	289,5 k €	+41.7%	204,2 k €	-10.1%	227,2 k €	+19.2%	190,6 k €	-8.7%	208,8 k €	+52.3%	137,1 k €	+16.4%	117,8 k €	+40.8%	83,6 k €	-17.3%	101,2 k €	+29.4%	78,2 k €	+2.0%	76,6 k €	-28.9%	107,8 k €	+75.8%	61,3 k €
Operating result	1,0 M €	+26.5%	808,0 k €	+288%	208,1 k €	-57.7%	492,4 k €	+103%	242,2 k €	-33.2%	362,7 k €	+12.3%	323,1 k €	+152%	128,4 k €	+188%	44,6 k €	-4.4%	46,6 k €	+10.1%	42,3 k €	-68.1%	132,8 k €	+92.2%	69,1 k €	+73.7%	39,8 k €	-2.3%	40,7 k €	-8.4%	44,4 k €	-6.1%	47,3 k €	+11.8%	42,3 k €	-20.2%	53,0 k €	+47.4%	36,0 k €
Net result	838,7 k €	+30.3%	643,7 k €	+264%	177,1 k €	-56.3%	404,8 k €	+94.3%	208,3 k €	-34.3%	317,0 k €	+17.4%	270,0 k €	+232%	81,3 k €	+1276%	5,9 k €	-44.7%	10,7 k €	-33.4%	16,0 k €	-80.1%	80,6 k €	+102%	39,8 k €	+77.1%	22,5 k €	-3.6%	23,3 k €	-16.5%	27,9 k €	-5.7%	29,6 k €	+13.7%	26,0 k €	-18.2%	31,8 k €	+48.3%	21,4 k €
Balance sheet
Equity	1,2 M €	+25.6%	934,2 k €	+15.9%	806,1 k €	+6.9%	754,0 k €	+34.7%	559,7 k €	+11.6%	501,4 k €	+15.4%	434,4 k €	+19.2%	364,4 k €	-21.3%	463,1 k €	+1.3%	457,2 k €	+2.4%	446,5 k €	+3.7%	430,5 k €	+23.0%	349,9 k €	+2.3%	342,1 k €	+7.0%	319,7 k €	+7.9%	296,4 k €	+10.4%	268,5 k €	+12.4%	238,9 k €	+12.2%	212,9 k €	+17.6%	181,1 k €
Total assets	4,6 M €	+64.6%	2,8 M €	+10.8%	2,5 M €	+6.5%	2,4 M €	-0.8%	2,4 M €	+6.9%	2,2 M €	+4.8%	2,1 M €	+10.7%	1,9 M €	+3.0%	1,9 M €	-9.5%	2,1 M €	+14.9%	1,8 M €	+131%	773,4 k €	+6.4%	727,2 k €	-2.6%	746,6 k €	+7.5%	694,8 k €	+13.3%	613,0 k €	+40.8%	435,4 k €	-0.9%	439,2 k €	-1.7%	447,0 k €	+34.8%	331,6 k €
Cash	697,3 k €	+25.8%	554,2 k €	+193%	189,1 k €	-10.5%	211,2 k €	+8.5%	194,7 k €	-46.0%	360,7 k €	+77.4%	203,4 k €	+418%	39,2 k €	-57.7%	92,8 k €	+2.7%	90,3 k €	+58.7%	56,9 k €	-0.7%	57,3 k €	+207%	18,7 k €	-55.7%	42,1 k €	-31.9%	61,9 k €	+574%	9,2 k €	-93.0%	131,2 k €	+33.1%	98,5 k €	+370%	21,0 k €	-61.2%	54,1 k €
Debts	3,4 M €	+84.4%	1,8 M €	+8.0%	1,7 M €	+6.5%	1,6 M €	-11.5%	1,8 M €	+5.2%	1,7 M €	+2.1%	1,7 M €	+8.4%	1,6 M €	+11.1%	1,4 M €	-12.6%	1,6 M €	+19.1%	1,3 M €	+293%	342,0 k €	-9.1%	376,4 k €	-6.6%	403,0 k €	+7.9%	373,4 k €	+18.1%	316,3 k €	+89.5%	166,9 k €	-16.5%	199,9 k €	-14.4%	233,6 k €	+55.4%	150,3 k €
Other
Workforce	14,6 ETP	+15.0%	12,7 ETP	+17.6%	10,8 ETP	-7.7%	11,7 ETP	-4.9%	12,3 ETP	+10.8%	11,1 ETP	+4.7%	10,6 ETP	-8.6%	11,6 ETP	-0.9%	11,7 ETP	-2.5%	12,0 ETP	+41.2%	8,5 ETP	+23.2%	6,9 ETP	+13.1%	6,1 ETP	+41.9%	4,3 ETP	+26.5%	3,4 ETP	+88.9%	1,8 ETP	0.0%	1,8 ETP	-30.8%	2,6 ETP	+23.8%	2,1 ETP	+320%	0,5 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 · 10 ended

Active mandates

Ellen Lefevre

Director · since 05 septembre 2023 · until 05 septembre 2029

Active

Juma Invest

Managing director · since 05 septembre 2023 · until 05 septembre 2029 · 0728.568.384

Represented by Jurgen Locquet

Active

Ended mandates

Juma Invest

Managing director · since 05 septembre 2023 · until 05 septembre 2029 · 0728.568.384

Represented by Jurgen Locquet

Ended

Juma Invest

Managing director · since 05 septembre 2023 · until 05 septembre 2029 · 0728.568.384

Represented by Jurgen Locquet

Ended

Ellen LEFEVRE

Director · since 28 juin 2019 · until 16 mai 2025

Ended

Juma Invest

Managing director · since 28 juin 2019 · until 16 mai 2025 · 0728.568.384

Represented by Jurgen Locquet

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	27/08/2026	08/07/2025	08/07/2024	30/06/2023	29/06/2022	11/06/2021
General meeting	26/08/2026	04/07/2025	03/07/2024	30/06/2023	28/06/2022	10/06/2021
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
Abridged model	31/12/2025	26/08/2026	27/08/2026	Dutch	PDF
Abridged model	31/12/2024	04/07/2025	08/07/2025	Dutch	PDF
Abridged model	31/12/2023	03/07/2024	08/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	28/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	10/06/2021	11/06/2021	Dutch	PDF
Abridged model	31/12/2019	03/09/2020	04/09/2020	Dutch	PDF
Abridged model	31/12/2018	17/05/2019	05/06/2019	Dutch	PDF
Abridged model	31/12/2017	18/05/2018	18/06/2018	Dutch	PDF
Abridged model	31/12/2016	19/05/2017	09/06/2017	Dutch	PDF
Abridged model	31/12/2015	20/05/2016	18/07/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	01/07/2015	Dutch	PDF
Abridged model	31/12/2013	16/05/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	17/05/2013	20/06/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	28/06/2012	Dutch	PDF
Abridged model	31/12/2010	20/05/2011	27/07/2011	Dutch	PDF
Abridged model	31/12/2009	21/05/2010	18/06/2010	Dutch	PDF
Abridged model	31/12/2008	15/05/2009	30/10/2009	Dutch	PDF
Abridged model	31/12/2007	16/05/2008	16/06/2008	Dutch	PDF
Abridged model	31/12/2006	18/05/2007	23/07/2007	Dutch	PDF

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 · 10 ended

Active mandates

Ellen Lefevre

Director · since 05 septembre 2023 · until 05 septembre 2029

Active

Juma Invest

Managing director · since 05 septembre 2023 · until 05 septembre 2029 · 0728.568.384

Represented by Jurgen Locquet

Active

Ended mandates

Juma Invest

Managing director · since 05 septembre 2023 · until 05 septembre 2029 · 0728.568.384

Represented by Jurgen Locquet

Ended

Juma Invest

Managing director · since 05 septembre 2023 · until 05 septembre 2029 · 0728.568.384

Represented by Jurgen Locquet

Ended

Ellen LEFEVRE

Director · since 28 juin 2019 · until 16 mai 2025

Ended

Juma Invest

Managing director · since 28 juin 2019 · until 16 mai 2025 · 0728.568.384

Represented by Jurgen Locquet

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/09/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates05/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/08/2018
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office20/04/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates07/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other17/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office20/09/2010
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN 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 2025838,7 k €↑
2024
Annual accounts 2024643,7 k €↑
2023
Annual accounts 2023177,1 k €↓
2022
Annual accounts 2022404,8 k €↑
2021
Annual accounts 2021208,3 k €↓
2020
Annual accounts 2020317,0 k €↑
2019
Annual accounts 2019270,0 k €↑
2018
Annual accounts 201881,3 k €↑
2017
Annual accounts 20175,9 k €↓
2016
Annual accounts 201610,7 k €↓
2015
Annual accounts 201516,0 k €↓
2014
Annual accounts 201480,6 k €↑
2013
Annual accounts 201339,8 k €↑
2012
Annual accounts 201222,5 k €↓
2011
Annual accounts 201123,3 k €↓
2010
Annual accounts 201027,9 k €↓
2009
Annual accounts 200929,6 k €↑
2008
Annual accounts 200826,0 k €↓
2007
Annual accounts 200731,8 k €↑
2006
Annual accounts 200621,4 k €
25/09/1991
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

LP CONSTRUCT

Overview

What does LP CONSTRUCT do?

Trend over 20 financial years

Indicative valuation

Board of directors

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