ACTIVE

LIBERSART

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Financial year 2025 · closed on 31/12/2025

Net result

171,6 k €

-37.5% YoY

Gross margin

920,9 k €

-12.2% YoY

Equity

1,4 M €

+13.9% YoY

Workforce

3,2 ETP

+23.1% YoY

What does LIBERSART do?

LIBERSART is a Public limited company incorporated in 1991. Its main activity is: Plant propagation. Its registered office is in Walhain. It employs on average 3,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.672.339

Incorporation

13/11/1991

Legal form

Public limited company

Registered office

Rue du Préa(TSL) 13
1457 Walhain · WallonieSee on map

Contributed capital

97 670,07 €

Latest accounts

31/12/2025

Average workforce

3,2 ETP

Activities (NACE)

01300Plant propagation· main 01410Raising of dairy cattle 01500Mixed farming 01500Mixed farming 81300Landscape service activities 81300Landscape service activities+3

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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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	920,9 k €	-12.2%	1 M €	+12.2%	934,6 k €	+51.8%	615,8 k €	-1.8%	627 k €	-22.1%	804,9 k €	+25.3%	642,2 k €	+6.3%	604,4 k €	-7.3%	651,8 k €	+32.4%	492,3 k €	-23.1%	640,4 k €	+39.0%	460,8 k €	+14.3%	403,1 k €	-11.9%	457,3 k €	+5.1%	435,2 k €	+107%	210,2 k €	-24.4%	278,1 k €	+28.5%	216,4 k €	-52.4%	455,1 k €	+392%	92,5 k €
EBITDA	785,6 k €	-13.7%	910 k €	+14.0%	798,2 k €	+61.8%	493,5 k €	-1.7%	501,9 k €	-21.4%	638,8 k €	+28.6%	496,6 k €	-1.8%	505,6 k €	-10.4%	564 k €	+28.6%	438,6 k €	-20.7%	552,9 k €	+41.2%	391,7 k €	+16.6%	335,8 k €	-7.9%	364,4 k €	-0.3%	365,7 k €	+107%	176,8 k €	-29.3%	250,1 k €	+26.2%	198,1 k €	-56.1%	450,8 k €	+394%	91,3 k €
Operating result	301,4 k €	-33.1%	450,6 k €	-7.1%	485,1 k €	+169%	180,1 k €	+293%	45,8 k €	-6.2%	48,9 k €	-54.2%	106,7 k €	+10.4%	96,6 k €	+5495%	-1,8 k €	-105%	34,8 k €	-70.3%	117,2 k €	+40.5%	83,4 k €	+34.4%	62,1 k €	-35.9%	96,8 k €	+8.3%	89,4 k €	+594%	12,9 k €	-86.6%	96,1 k €	+115%	44,8 k €	-67.2%	136,7 k €	+460%	24,4 k €
Net result	171,6 k €	-37.5%	274,7 k €	-9.4%	303,1 k €	+98.4%	152,8 k €	+431%	28,8 k €	-9.7%	31,8 k €	-61.6%	82,9 k €	+12.0%	74,1 k €	+780%	-10,9 k €	-163%	17,4 k €	-77.4%	77 k €	+37.8%	55,9 k €	+52.3%	36,7 k €	+18.3%	31 k €	-59.5%	76,5 k €	+853%	8 k €	-91.0%	88,8 k €	+209%	-81,3 k €	-165%	125,8 k €	+809%	13,8 k €
Balance sheet
Equity	1,4 M €	+13.9%	1,2 M €	+1.2%	1,2 M €	+33.0%	917,5 k €	+20.0%	764,7 k €	+3.9%	736 k €	+4.5%	704,1 k €	+13.3%	621,2 k €	+13.5%	547,1 k €	-2.0%	558 k €	+3.2%	540,6 k €	+16.6%	463,6 k €	+13.7%	407,8 k €	+9.9%	371,1 k €	+9.1%	340,1 k €	+29.4%	262,8 k €	-6.2%	280,1 k €	+46.4%	191,3 k €	-29.8%	272,7 k €	+53.8%	177,3 k €
Total assets	3,1 M €	-13.2%	3,6 M €	+3.1%	3,5 M €	+7.4%	3,2 M €	+18.8%	2,7 M €	-13.4%	3,2 M €	+7.6%	2,9 M €	+5.0%	2,8 M €	-10.2%	3,1 M €	+81.4%	1,7 M €	+43.3%	1,2 M €	+3.9%	1,2 M €	-2.1%	1,2 M €	+34.1%	877,8 k €	-5.5%	929 k €	+48.4%	625,8 k €	+27.2%	491,9 k €	-28.5%	687,5 k €	+27.7%	538,2 k €	-12.5%	615,4 k €
Cash	41,4 k €	+2.2%	40,5 k €	-48.4%	78,5 k €	-45.9%	145,2 k €	+346%	32,6 k €	-31.4%	47,5 k €	-11.6%	53,7 k €	+46.3%	36,7 k €	+47.4%	24,9 k €	+73.5%	14,4 k €	-68.3%	45,3 k €	+44.9%	31,3 k €	+32.9%	23,6 k €		–		32,5 k €	-27.1%	44,7 k €	+150%	17,9 k €	-28.0%	24,8 k €	+12.7%	22 k €	-65.8%	64,3 k €
Debts	1,7 M €	-27.3%	2,4 M €	+17.7%	2 M €	-13.6%	2,3 M €	+17.6%	2 M €	-18.5%	2,4 M €	+8.9%	2,2 M €	+2.1%	2,2 M €	-15.4%	2,6 M €	+122%	1,2 M €	+76.9%	654,1 k €	-4.9%	688,1 k €	-10.5%	768,9 k €	+51.8%	506,7 k €	-14.0%	588,9 k €	+62.2%	363 k €	+71.4%	211,8 k €	-57.3%	496,2 k €	+86.9%	265,6 k €	-39.4%	438,1 k €
Other
Workforce	3,2 ETP	+23.1%	2,6 ETP	-29.7%	3,7 ETP	+2.8%	3,6 ETP		–		–		3,1 ETP	+34.8%	2,3 ETP	+15.0%	2,0 ETP	+100%	1,0 ETP	-50.0%	2,0 ETP	+33.3%	1,5 ETP	0.0%	1,5 ETP	-25.0%	2,0 ETP	0.0%	2,0 ETP	+100%	1,0 ETP	0.0%	1,0 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

JEAN-CHARLES BRION

Director

Active

PHILIPPE BRION

Managing director

Active

Ended mandates

Jean Charles Brion

Director

Ended

Jean Charles Brion

Managing director

Ended

JEAN-CHARLES BRION

Managing director

Ended

Philippe Bion

Director

Ended

At this address

Other companies at this address

Company	CBE no.
FARMIBEL● Active	0480.239.575
HABRILAND● Active	1008.150.197
SOTRAGEX● Active	0781.877.705

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro 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	24/04/2026	24/04/2025	06/07/2024	26/07/2023	05/08/2022	30/08/2021
General meeting	27/03/2026	27/03/2025	27/03/2024	27/03/2023	27/03/2022	27/03/2021
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
Abridged model	31/12/2025	27/03/2026	24/04/2026	French	PDF
Abridged model	31/12/2024	27/03/2025	24/04/2025	French	PDF
Abridged model	31/12/2023	27/03/2024	06/07/2024	French	PDF
Abridged model	31/12/2022	27/03/2023	26/07/2023	French	PDF
Micro model	31/12/2021	27/03/2022	05/08/2022	French	PDF
Micro model	31/12/2020	27/03/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	27/03/2020	27/08/2020	French	PDF
Abridged model	31/12/2018	21/06/2019	29/08/2019	French	PDF
Abridged model	31/12/2017	21/06/2018	24/08/2018	French	PDF
Abridged model	31/12/2016	21/06/2017	21/08/2017	French	PDF
Abridged model	31/12/2015	21/06/2016	16/08/2016	French	PDF
Abridged model	31/12/2014	22/06/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	21/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	21/06/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	16/07/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	24/08/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	30/08/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	30/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2025 · 2 active · 5 ended

Active mandates

JEAN-CHARLES BRION

Director

Active

PHILIPPE BRION

Managing director

Active

Ended mandates

Jean Charles Brion

Director

Ended

Jean Charles Brion

Managing director

Ended

JEAN-CHARLES BRION

Managing director

Ended

Philippe Bion

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring26/04/2024
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Restructuring17/10/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Mandates25/10/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Registered office27/06/2016
SIEGE SOCIAL
PDF
Mandates26/02/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates13/04/2004
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - 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 2025171,6 k €↓
2024
Annual accounts 2024274,7 k €↓
2023
Annual accounts 2023303,1 k €↑
2022
Annual accounts 2022152,8 k €↑
2021
Annual accounts 202128,8 k €↓
2020
Annual accounts 202031,8 k €↓
2019
Annual accounts 201982,9 k €↑
2018
Annual accounts 201874,1 k €↑
2017
Annual accounts 2017-10,9 k €↓
2016
Annual accounts 201617,4 k €↓
2015
Annual accounts 201577 k €↑
2014
Annual accounts 201455,9 k €↑
2013
Annual accounts 201336,7 k €↑
2012
Annual accounts 201231 k €↓
2011
Annual accounts 201176,5 k €↑
2010
Annual accounts 20108 k €↓
2009
Annual accounts 200988,8 k €↑
2008
Annual accounts 2008-81,3 k €↓
2007
Annual accounts 2007125,8 k €↑
2006
Annual accounts 200613,8 k €
13/11/1991
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

LIBERSART

Overview

What does LIBERSART 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