ACTIVE

L2 IMMO

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Financial year 2025 · closed on 31/12/2025

Net result

-253,5 k €

-429.3% YoY

Gross margin

492,4 k €

+42.4% YoY

Equity

3,6 M €

-6.6% YoY

Workforce

0,3 ETP

0.0% YoY

What does L2 IMMO do?

L2 IMMO is a Public limited company incorporated in 1991. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Sint-Martens-Latem. It employs on average 0,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.296.010

Incorporation

31/12/1991

Legal form

Public limited company

Registered office

Broekstraat 42
9831 Sint-Martens-Latem · FlandreSee on map

Contributed capital

3 463 866,64 €

Latest accounts

31/12/2025

Average workforce

0,3 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate

Joint committees (2)

Signals

Solid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	492,4 k €	+42.4%	345,8 k €	+11.0%	311,5 k €	+8.3%	287,8 k €	-5.7%	305,2 k €	+3.0%	296,3 k €	+74.1%	170,1 k €	-4.9%	178,9 k €	-67.4%	549 k €	+87.8%	292,4 k €	-27.8%	404,8 k €	+41.9%	285,2 k €	+29.7%	219,9 k €	+29.0%	170,4 k €	-24.6%	226 k €	+5.6%	214 k €	+11.5%	191,9 k €	-40.1%	320,2 k €	+21.1%	264,4 k €
EBITDA	403,8 k €	+56.8%	257,6 k €	+10.6%	232,9 k €	+6.0%	219,8 k €	-8.5%	240,3 k €	+4.0%	231,1 k €	+76.9%	130,7 k €	-6.2%	139,3 k €	-72.6%	508,1 k €	+163%	193 k €	-35.3%	298,4 k €	+61.4%	184,9 k €	+38.2%	133,8 k €	-2.1%	136,7 k €	-16.3%	163,4 k €	-12.7%	187,1 k €	+23.2%	151,9 k €	-49.8%	302,7 k €	+17.6%	257,5 k €
Operating result	-239,7 k €	-267%	143,9 k €	+15.6%	124,5 k €	+8.2%	115,1 k €	-14.3%	134,4 k €	+8.9%	123,4 k €	+3.3%	119,5 k €	-5.9%	127 k €	-74.4%	496,8 k €	+1712%	27,4 k €	-74.6%	107,9 k €	+371%	-39,9 k €	+68.6%	-127,1 k €	+43.3%	-224 k €	-8.1%	-207,3 k €	-14.4%	-181,2 k €	+1.7%	-184,3 k €	-1225%	-13,9 k €	+77.2%	-61 k €
Net result	-253,5 k €	-429%	77 k €	+1.7%	75,7 k €	+18.0%	64,1 k €	-9.7%	71 k €	-25.5%	95,2 k €	-87.2%	745,9 k €	+492%	125,9 k €	-74.6%	495,2 k €	+978%	45,9 k €	-51.0%	93,7 k €	+244%	-65,3 k €	+58.1%	-155,8 k €	-265%	-42,7 k €	+82.5%	-244,7 k €	-14.8%	-213,2 k €	+2.9%	-219,6 k €	-342%	-49,6 k €	+51.4%	-102 k €
Balance sheet
Equity	3,6 M €	-6.6%	3,8 M €	+2.1%	3,7 M €	+2.1%	3,7 M €	+1.8%	3,6 M €	-13.1%	4,1 M €	+2.4%	4 M €	+22.6%	3,3 M €	+4.0%	3,2 M €	-11.3%	3,6 M €	+344%	806 k €	+13.2%	712,3 k €	-8.4%	777,5 k €	-34.3%	1,2 M €	-3.5%	1,2 M €	-16.6%	1,5 M €	-12.7%	1,7 M €	-11.5%	1,9 M €	-2.5%	2 M €
Total assets	6,4 M €	+55.3%	4,1 M €	+8.9%	3,8 M €	+0.8%	3,7 M €	-13.1%	4,3 M €	+0.7%	4,3 M €	+2.1%	4,2 M €	+21.2%	3,4 M €	+2.4%	3,4 M €	-15.8%	4 M €	+194%	1,4 M €	-5.1%	1,4 M €	-10.7%	1,6 M €	-10.0%	1,8 M €	-13.1%	2,1 M €	-13.7%	2,4 M €	+0.4%	2,4 M €	-8.7%	2,6 M €	-5.2%	2,7 M €
Cash	104,4 k €	+11.8%	93,4 k €	-21.7%	119,2 k €	+72.5%	69,1 k €	+157%	26,9 k €	-93.2%	396,2 k €	-1.6%	402,7 k €	-4.8%	423,1 k €	-11.6%	478,6 k €	+263%	131,7 k €	+29.0%	102,1 k €	+416%	19,8 k €	+211%	6,4 k €	-83.3%	38,1 k €	+2701%	1,4 k €	-94.8%	26,1 k €	+969%	2,4 k €	-98.9%	227,8 k €	+1131%	18,5 k €
Debts	2,8 M €	+905%	278,3 k €	+1093%	23,3 k €	-66.1%	68,9 k €	-90.1%	698,5 k €	+470%	122,5 k €	-6.3%	130,6 k €	-8.5%	142,9 k €	-10.9%	160,3 k €	-62.0%	421,8 k €	-23.8%	553,5 k €	-23.1%	719,9 k €	-12.9%	827 k €	+38.2%	598,5 k €	-27.5%	825,5 k €	-9.0%	907,4 k €	+32.6%	684,4 k €	-0.8%	690,1 k €	-12.0%	784,1 k €
Other
Workforce	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP		–		–		–		–		–		0,9 ETP	0.0%	0,9 ETP	+12.5%	0,8 ETP	+14.3%	0,7 ETP	0.0%	0,7 ETP	+40.0%	0,5 ETP	-28.6%	0,7 ETP	+16.7%	0,6 ETP	0.0%	0,6 ETP	+500%	0,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

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

Active mandates

CALA INVEST

Director · since 28 juin 2024 · until 20 juin 2030 · 0655.755.632

Represented by Laurens Luyens

Active

Caroline Rollé

Director · since 28 juin 2024 · until 20 juin 2030

Active

Ended mandates

CALA INVEST

Director · since 01 juillet 2019 · 0655.755.632

Represented by Laurens Luyens

Ended

CALA INVEST

Managing director · since 01 juillet 2019 · until 01 juin 2022 · 0655.755.632

Represented by Laurens Luyens

Ended

CALA INVEST

Managing director · since 01 juillet 2019 · until 01 juin 2022 · 0655.755.632

Represented by Laurens Luyens

Ended

Caroline Rolle

Director · since 15 avril 2017 · until 01 mai 2022

Ended

At this address

Other companies at this address

Company	CBE no.
CALA INVEST● Active	0655.755.632
CRConsulting● Active	1032.470.473
L2● Active	0537.466.211
L2 UNIT● Active	0737.553.257
LUDEL● Active	0440.858.664

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	01/07/2026	25/07/2025	12/07/2024	18/07/2023	30/08/2022	31/08/2021
General meeting	20/06/2026	30/06/2025	15/06/2024	19/06/2023	18/06/2022	19/06/2021
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	20/06/2026	01/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	25/07/2025	Dutch	PDF
Abridged model	31/12/2023	15/06/2024	12/07/2024	Dutch	PDF
Abridged model	31/12/2022	19/06/2023	18/07/2023	Dutch	PDF
Micro model	31/12/2021	18/06/2022	30/08/2022	Dutch	PDF
Micro model	31/12/2020	19/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	20/06/2020	18/09/2020	Dutch	PDF
Micro model	31/12/2018	15/06/2019	08/08/2019	Dutch	PDF
Micro model	31/12/2017	16/06/2018	07/08/2018	Dutch	PDF
Micro model	31/12/2016	17/06/2017	12/07/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	18/08/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	29/07/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	03/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	21/08/2012	Dutch	PDF
Abridged model	31/12/2010	25/06/2011	18/08/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	03/08/2010	Dutch	PDF
Abridged model	31/12/2008	27/06/2009	06/08/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	26/06/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	04/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 19 ended

Active mandates

CALA INVEST

Director · since 28 juin 2024 · until 20 juin 2030 · 0655.755.632

Represented by Laurens Luyens

Active

Caroline Rollé

Director · since 28 juin 2024 · until 20 juin 2030

Active

Ended mandates

CALA INVEST

Director · since 01 juillet 2019 · 0655.755.632

Represented by Laurens Luyens

Ended

CALA INVEST

Managing director · since 01 juillet 2019 · until 01 juin 2022 · 0655.755.632

Represented by Laurens Luyens

Ended

CALA INVEST

Managing director · since 01 juillet 2019 · until 01 juin 2022 · 0655.755.632

Represented by Laurens Luyens

Ended

Caroline Rolle

Director · since 15 avril 2017 · until 01 mai 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office18/02/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates22/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring28/10/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring08/09/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring03/09/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring16/07/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates25/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/08/2017
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

2025
Annual accounts 2025-253,5 k €↓
2024
Annual accounts 202477 k €↑
2023
Annual accounts 202375,7 k €↑
2022
Annual accounts 202264,1 k €↓
2021
Annual accounts 202171 k €↓
2020
Annual accounts 202095,2 k €↓
2019
Annual accounts 2019745,9 k €↑
2018
Annual accounts 2018125,9 k €↓
2017
Annual accounts 2017495,2 k €↑
2015
Annual accounts 201545,9 k €↓
2014
Annual accounts 201493,7 k €↑
2013
Annual accounts 2013-65,3 k €↑
2012
Annual accounts 2012-155,8 k €↓
2011
Annual accounts 2011-42,7 k €↑
2010
Annual accounts 2010-244,7 k €↓
2009
Annual accounts 2009-213,2 k €↑
2008
Annual accounts 2008-219,6 k €↓
2007
Annual accounts 2007-49,6 k €↑
2006
Annual accounts 2006-102 k €
31/12/1991
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

L2 IMMO

Overview

What does L2 IMMO 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