ACTIVE

LUCIDE

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Financial year 2025 · Closed on 31/12/2025

Net result2 M €-4,3 %over 1 year

Revenue32,5 M €+6,4 %over 1 year

Equity26,5 M €+8,2 %over 1 year

Workforce44,0 ETP-3,7 %over 1 year

Identity

Source · BCE/KBO

LUCIDE is a Public limited company incorporated in 1992. Its main activity is: Wholesale of furniture, carpets and lighting equipment. Its registered office is in Antwerpen. It employs on average 44,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0448.040.327
Incorporation: 21/08/1992
Legal form: Public limited company
Registered office: Bisschoppenhoflaan 145
2100 Antwerpen · FlandreSee on map
Contributed capital: 300 000,00 €
Latest accounts: 31/12/2025
Average workforce: 44,0 ETP

Activities (NACE)

46473Wholesale of furniture, carpets and lighting equipment· main 46474Wholesale of furniture, carpets and lighting equipment 51430Air transport

Joint committees (3)

14901
2000
20000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	32,5 M €	+6.4%	30,5 M €	-10.8%	34,2 M €	-2.0%	34,9 M €	-12.7%	40 M €
EBITDA	2,5 M €	+1.8%	2,5 M €	-43.7%	4,4 M €	-5.9%	4,7 M €	-41.1%	8 M €
Operating result	2,6 M €	-4.1%	2,7 M €	-37.5%	4,3 M €	-10.0%	4,8 M €	-37.8%	7,7 M €
Net result	2 M €	-4.3%	2,1 M €	-31.7%	3,1 M €	-5.0%	3,2 M €	-44.0%	5,8 M €
Balance sheet
Equity	26,5 M €	+8.2%	24,5 M €	+9.4%	22,4 M €	+16.0%	19,3 M €	+20.3%	16 M €
Total assets	29,8 M €	+3.8%	28,7 M €	+2.8%	27,9 M €	+6.0%	26,3 M €	+8.9%	24,2 M €
Cash	4,9 M €	-13.4%	5,6 M €	+12.8%	5 M €	-45.8%	9,2 M €	+48.2%	6,2 M €
Debts	3,3 M €	-16.9%	4 M €	-22.2%	5,1 M €	-22.7%	6,6 M €	-8.2%	7,2 M €
Other
Workforce	44,0 ETP	-3.7%	45,7 ETP	+8.3%	42,2 ETP	-1.2%	42,7 ETP	-0.7%	43,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eduardus Mertens	MandateDirector21/12/2011 → 20/12/2023ended
M-Consulting0740.430.296Represented by Lutgardis Verbruggen	MandateDirectorlisted until the 2019 accountsended
LUCIDE INTERNATIONAL HOLDING0535.828.196Represented by Ward Mertens	Mandatesince 18/06/2013Managing director28/05/2019 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Lutgardis Verbruggen	Mandate21/12/2017 → 2018 accountsDirector21/12/2017 → 2017 accounts
Ward Mertens	Director21/12/2017 → 2021 accounts

Other companies at this address

Bisschoppenhoflaan 145 2100 Antwerpen

Company	CBE no.
LIGHTBYLUCIDE● Active	0774.924.783
LUCIDE INTERNATIONAL HOLDING● Active	0535.828.196
M-Consulting● Active	0740.430.296

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	31/07/2026	10/09/2025	30/08/2024	28/07/2023	29/07/2022	31/08/2021
General meeting	03/07/2026	29/08/2025	30/08/2024	28/07/2023	28/07/2022	30/07/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	03/07/2026	31/07/2026	Dutch	PDF
Full model	31/12/2024	29/08/2025	10/09/2025	Dutch	PDF
Full model	31/12/2023	30/08/2024	30/08/2024	Dutch	PDF
Full model	31/12/2022	28/07/2023	28/07/2023	Dutch	PDF
Full model	31/12/2021	28/07/2022	29/07/2022	Dutch	PDF
Full model	31/12/2020	30/07/2021	31/08/2021	Dutch	PDF
Full model	31/12/2019	26/05/2020	03/08/2020	Dutch	PDF
Full model	31/12/2018	30/06/2019	26/09/2019	Dutch	PDF
Full model	31/12/2017	31/05/2018	13/06/2018	Dutch	PDF
Full model	31/12/2016	30/05/2017	04/09/2017	Dutch	PDF
Full model	31/12/2015	31/05/2016	25/08/2016	Dutch	PDF
Full model	31/12/2014	26/05/2015	07/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/05/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/05/2013	30/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	04/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	10/06/2010	Dutch	PDF
Abridged model	31/12/2008	26/05/2009	27/05/2009	Dutch	PDF
Abridged model	31/12/2007	27/05/2008	06/06/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	01/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eduardus Mertens	MandateDirector21/12/2011 → 20/12/2023ended
M-Consulting0740.430.296Represented by Lutgardis Verbruggen	MandateDirectorlisted until the 2019 accountsended
LUCIDE INTERNATIONAL HOLDING0535.828.196Represented by Ward Mertens	Mandatesince 18/06/2013Managing director28/05/2019 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Lutgardis Verbruggen	Mandate21/12/2017 → 2018 accountsDirector21/12/2017 → 2017 accounts
Ward Mertens	Director21/12/2017 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/01/2012
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

LUCIDE INTERNATIONAL HOLDING

M-Consulting

Eduardus Mertens

Lutgardis Verbruggen

Ward Mertens

Lutgardis Christina Juli Verbruggen

Lutgart Verbruggen

19921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

LUCIDE

Bisschoppenhoflaan 145, 2100 Deurne (Antwerp)

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Bisschoppenhoflaan 145, 2100 Deurne (Antwerp)Current	accounts 2021 → 2025	Accounts 2025 · 2026-00363912

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
LUCIDECurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00363912

Events

2025
Annual accounts 20252 M €↓
2024
Annual accounts 20242,1 M €↓
2023
Annual accounts 20233,1 M €↓
2022
Annual accounts 20223,2 M €↓
2021
Annual accounts 20215,8 M €↑
2019
Annual accounts 20192,4 M €↑
2018
Annual accounts 2018718,9 k €↑
2017
Annual accounts 2017414,7 k €↑
2016
Annual accounts 2016367 k €↓
2015
Annual accounts 2015450 k €↓
2014
Annual accounts 2014467,9 k €↓
2013
Annual accounts 2013693,4 k €↓
2012
Annual accounts 2012988,3 k €↑
2011
Annual accounts 2011803 k €↑
2010
Annual accounts 2010143,5 k €↓
2009
Annual accounts 2009247,8 k €↑
2008
Annual accounts 2008136,3 k €↑
2007
Annual accounts 200746,3 k €↑
2006
Annual accounts 20069,3 k €
21/08/1992
IncorporationPublic limited company

LUCIDE

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events