ACTIVE

LEBELCO

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

236,7 k €

+191.2% YoY

Gross margin

2,6 M €

+91.5% YoY

Equity

6,8 M €

+3.6% YoY

Workforce

1,0 ETP

-23.1% YoY

What does LEBELCO do?

LEBELCO is a Public limited company incorporated in 1992. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Antwerpen. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.762.589

Incorporation

06/07/1992

Legal form

Public limited company

Registered office

Tavernierkaai 2
2000 Antwerpen · FlandreSee on map

Contributed capital

154 539,11 €

Latest accounts

30/06/2025

Average workforce

1,0 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 70201Management consultancy activities

Joint committees (3)

124
218
32300

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2009		2008		2007		2006
Income statement
Gross margin	2,6 M €	+91.5%	1,4 M €	-3.1%	1,4 M €	+32.7%	1,1 M €	+123%	480,5 k €	-89.4%	4,5 M €	+488%	769,9 k €	+10.2%	698,6 k €	+8.0%	646,8 k €	+36.6%	473,5 k €	-37.7%	759,7 k €	-40.8%	1,3 M €	+14.7%	1,1 M €	+3.1%	1,1 M €	-15.3%	1,3 M €	-4.1%	1,3 M €
EBITDA	2,3 M €	+117%	1,1 M €	-6.7%	1,1 M €	+71.6%	663,8 k €	+191%	228,3 k €	-94.7%	4,3 M €	+671%	562,4 k €	+34.4%	418,6 k €	+22.8%	340,7 k €	-3.9%	354,5 k €	-28.6%	496,7 k €	-50.2%	996,5 k €	+14.5%	870 k €	+7.0%	812,7 k €	-21.2%	1 M €	+8.5%	951 k €
Operating result	1 M €	+372%	212 k €	-31.0%	307,4 k €	+316%	-142 k €	+65.3%	-409,6 k €	-111%	3,7 M €	+6063%	-62,2 k €	+72.0%	-221,9 k €	-23.6%	-179,5 k €	-6.0%	-169,4 k €	-1073%	-14,4 k €	-103%	419,4 k €	+343%	-172,9 k €	-122%	792,2 k €	-3.9%	824,7 k €	-12.6%	944 k €
Net result	236,7 k €	+191%	-259,6 k €	-601%	51,8 k €	+117%	-311,4 k €	+45.6%	-572,7 k €	-121%	2,7 M €	+1007%	-300 k €	-250%	200 k €	+182%	-243,2 k €	-899%	30,4 k €	-98.3%	1,8 M €	+4197%	40,8 k €	+107%	-565,7 k €	-526%	-90,4 k €	-190%	100,5 k €	-57.6%	237,2 k €
Balance sheet
Equity	6,8 M €	+3.6%	6,5 M €	-3.8%	6,8 M €	+0.8%	6,7 M €	-14.8%	7,9 M €	-6.7%	8,5 M €	+47.1%	5,8 M €	-4.9%	6,1 M €	+3.4%	5,9 M €	-4.0%	6,1 M €	+0.5%	6,1 M €	+40.5%	4,3 M €	-30.4%	6,2 M €	+1316%	439,4 k €	-17.1%	529,8 k €	+23.4%	429,3 k €
Total assets	28,6 M €	-2.7%	29,4 M €	-1.8%	30 M €	+2.1%	29,4 M €	+12.0%	26,2 M €	+3.1%	25,4 M €	+16.5%	21,8 M €	-2.0%	22,2 M €	+0.9%	22 M €	+2.3%	21,6 M €	-2.7%	22,2 M €	-2.4%	22,7 M €	-17.3%	27,4 M €	+35.9%	20,2 M €	+1.5%	19,9 M €	+3.4%	19,2 M €
Cash	11,8 k €	-77.8%	53,2 k €	-81.2%	282,4 k €	+361%	61,2 k €	+36.0%	45 k €	-93.6%	704,2 k €	+2025%	33,1 k €	-74.8%	131,7 k €	+233%	39,5 k €	-71.1%	136,6 k €	-92.3%	1,8 M €	+1906100%	92,8 €	-98.1%	4,8 k €	-26.1%	6,5 k €	-80.0%	32,4 k €	-60.0%	81,1 k €
Debts	20,3 M €	-5.1%	21,4 M €	-0.4%	21,5 M €	+2.6%	20,9 M €	+29.0%	16,2 M €	+10.4%	14,7 M €	+0.8%	14,6 M €	-0.3%	14,6 M €	-2.4%	15 M €	+5.3%	14,2 M €	-2.2%	14,5 M €	-19.2%	18 M €	-12.7%	20,6 M €	+6.9%	19,3 M €	+2.0%	18,9 M €	+4.5%	18,1 M €
Other
Workforce	1,0 ETP	-23.1%	1,3 ETP	-35.0%	2,0 ETP	0.0%	2,0 ETP	+100%	1,0 ETP	-9.1%	1,1 ETP	-26.7%	1,5 ETP	-25.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-4.8%	2,1 ETP	-16.0%	2,5 ETP	+8.7%	2,3 ETP	+27.8%	1,8 ETP	+80.0%	1,0 ETP	+66.7%	0,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 17 ended

Active mandates

LARES

Director · since 23 décembre 2021 · 0478.059.055

Represented by Crols Christina

Active

Ended mandates

LARES

Director · since 23 décembre 2021 · 0478.059.055

Represented by Christina CROLS

Ended

Christina Crols

Director · since 22 novembre 2011

Ended

LARES

Managing director · since 18 octobre 2011 · 0478.059.055

Represented by Christina Crols

Ended

Eddy (tot 29/06/2012) Leemans

Director · since 25 juin 2010 · until 29 juin 2012

Ended

At this address

Other companies at this address

Company	CBE no.
ANTWERP TOWAGE● Active	0899.353.019
Arts Gebroeders● Active	0406.397.237
Arts Gebroeders immobilière● Active	0414.363.016
AW REAL ESTATE● Active	0863.353.052
BUBO IT PARTNERS● Active	0756.632.365
COCKERILL INVEST● Active	0465.342.949
ECHNATON● Active	0445.657.392
Gemeenschappelijke kas voor de koopvaardij● Active	0206.735.110
GROEP L.● Active	0471.649.137
HS Development● Active	1041.602.232
IPLodge● Active	0849.429.493
KOMOREBI PROPERTIES● Active	1009.021.813
Laon● Active	0680.783.216
LARES● Active	0478.059.055
LEDEUX● Active	0810.693.732
LEEMCO● Active	0422.043.634
LEMAN INVEST● Active	0404.961.142
LENNO● Active	0477.848.229
LEXIS● Active	0472.960.221
LINC LEXINGTON● Active	0468.230.678

Annual accounts

Full financial information

	2025	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	30/06/2025	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	18 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/03/2026	31/08/2024	19/06/2024	30/08/2022	30/07/2021	10/11/2020
General meeting	26/12/2025	30/06/2024	15/09/2023	30/06/2022	30/06/2021	15/10/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	26/12/2025	13/03/2026	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	31/08/2024	Dutch	PDF
Abridged model	31/12/2022	15/09/2023	19/06/2024	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	15/10/2020	10/11/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	31/08/2018	25/09/2018	Dutch	PDF
Abridged model	31/12/2016	31/07/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	27/09/2016	Dutch	PDF
Abridged modelCorrection	31/12/2014	26/06/2015	29/09/2015	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	30/09/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	18/10/2011	25/10/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	19/08/2010	Dutch	PDF
Abridged model	31/12/2008	07/10/2009	22/10/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	27/11/2008	Dutch	PDF
Abridged modelCorrection	31/12/2006	29/06/2007	26/10/2007	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 17 ended

Active mandates

LARES

Director · since 23 décembre 2021 · 0478.059.055

Represented by Crols Christina

Active

Ended mandates

LARES

Director · since 23 décembre 2021 · 0478.059.055

Represented by Christina CROLS

Ended

Christina Crols

Director · since 22 novembre 2011

Ended

LARES

Managing director · since 18 octobre 2011 · 0478.059.055

Represented by Christina Crols

Ended

Eddy (tot 29/06/2012) Leemans

Director · since 25 juin 2010 · until 29 juin 2012

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other17/01/2025
ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates10/01/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/04/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/02/2012
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates14/09/2010
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring19/07/2010
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring04/06/2010
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/02/2010
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
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 2025236,7 k €↑
2023
Annual accounts 2023-259,6 k €↓
2022
Annual accounts 202251,8 k €↑
2021
Annual accounts 2021-311,4 k €↑
2018
Annual accounts 2018-572,7 k €↓
2017
Annual accounts 20172,7 M €↑
2016
Annual accounts 2016-300 k €↓
2015
Annual accounts 2015200 k €↑
2014
Annual accounts 2014-243,2 k €↓
2013
Annual accounts 201330,4 k €↓
2012
Annual accounts 20121,8 M €↑
2011
Annual accounts 201140,8 k €↑
2009
Annual accounts 2009-565,7 k €↓
2008
Annual accounts 2008-90,4 k €↓
2007
Annual accounts 2007100,5 k €↓
2006
Annual accounts 2006237,2 k €
06/07/1992
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

LEBELCO

Overview

What does LEBELCO do?

Trend over 16 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