ACTIVE

L & V

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

16 k €

+47.9% YoY

Gross margin

37 k €

+25.8% YoY

Equity

220,5 k €

-21.6% YoY

What does L & V do?

L & V is a Public limited company incorporated in 1992. Its main activity is: Manufacture of jewellery and related articles. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.928.965

Incorporation

14/12/1992

Legal form

Public limited company

Registered office

Rue Melsens 13 box 20
1000 Bruxelles · BruxellesSee on map

Contributed capital

123 946,76 €

Latest accounts

31/12/2025

Activities (NACE)

32123Manufacture of jewellery and related articles· main 32123Manufacture of jewellery and related articles 36223Water collection, treatment and supply

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	37 k €	+25.8%	29,4 k €	-44.5%	52,9 k €	+250%	15,1 k €	-56.2%	34,5 k €	+14.6%	30,1 k €	-50.6%	60,9 k €	+92.7%	31,6 k €	+455%	-8,9 k €	-195%	9,3 k €	-72.4%	33,8 k €	+190%	-37,4 k €	-64.9%	-22,7 k €	-118%	123,5 k €	+330%	28,7 k €	+204%	-27,6 k €	-243%	19,3 k €	-67.3%	59,1 k €	+11.0%	53,2 k €
EBITDA	35,1 k €	+28.9%	27,2 k €	-47.2%	51,6 k €	+281%	13,6 k €	-58.3%	32,5 k €	+38.3%	23,5 k €	-61.1%	60,5 k €	+95.4%	31 k €	+416%	-9,8 k €	-229%	7,6 k €	-76.6%	32,3 k €	+166%	-49 k €	-60.5%	-30,5 k €	-127%	114,2 k €	+457%	20,5 k €	+173%	-28 k €	-259%	17,6 k €	-56.9%	40,9 k €	+90.2%	21,5 k €
Operating result	24,4 k €	+47.4%	16,6 k €	-59.5%	41 k €	+1259%	3 k €	-86.7%	22,6 k €	+19.2%	19 k €	-68.2%	59,8 k €	+95.0%	30,6 k €	+408%	-10 k €	-599%	2 k €	-92.3%	26,1 k €	+147%	-55,8 k €	-49.4%	-37,3 k €	-133%	113,6 k €	+455%	20,4 k €	+173%	-28,1 k €	-261%	17,5 k €	-56.8%	40,4 k €	+96.1%	20,6 k €
Net result	16 k €	+47.9%	10,8 k €	-59.9%	27 k €	+1484%	1,7 k €	-88.4%	14,6 k €	+34.0%	10,9 k €	-78.3%	50,2 k €	+86.1%	27 k €	+347%	-10,9 k €	-868%	1,4 k €	-94.3%	24,9 k €	+138%	-66 k €	-87.9%	-35,1 k €	-142%	84 k €	+341%	19 k €	+166%	-28,7 k €	-273%	16,6 k €	-56.3%	37,9 k €	+151%	15,1 k €
Balance sheet
Equity	220,5 k €	-21.6%	281,4 k €	+4.0%	270,6 k €	+11.1%	243,6 k €	+0.7%	241,9 k €	+6.4%	227,3 k €	+5.0%	216,4 k €	+30.2%	166,2 k €	+19.4%	139,2 k €	-7.3%	150,1 k €	+1.0%	148,7 k €	+20.1%	123,8 k €	-34.8%	189,9 k €	-1.1%	191,9 k €	+77.8%	108 k €	+21.4%	88,9 k €	-24.4%	117,6 k €	+16.4%	101 k €	+60.1%	63,1 k €
Total assets	288,4 k €	-5.3%	304,6 k €	+2.9%	296,1 k €	+5.5%	280,5 k €	+0.9%	277,9 k €	+0.4%	276,8 k €	+20.2%	230,3 k €	+29.9%	177,3 k €	+18.7%	149,3 k €	-4.5%	156,2 k €	-15.7%	185,3 k €	+5.0%	176,4 k €	-17.8%	214,6 k €	-16.7%	257,5 k €	+60.9%	160,1 k €	-4.0%	166,7 k €	-1.0%	168,4 k €	+2.6%	164,2 k €	+12.5%	145,9 k €
Cash	73,2 k €	+5.7%	69,3 k €	+26.6%	54,7 k €	+65.1%	33,1 k €	+51.1%	21,9 k €	-43.5%	38,8 k €	-60.2%	97,7 k €	+20.5%	81,1 k €	+76.5%	46 k €	+38.4%	33,2 k €	-41.2%	56,4 k €	+506%	9,3 k €	-41.9%	16 k €	-87.5%	127,9 k €	+1813%	6,7 k €	-61.9%	17,6 k €	+228%	5,4 k €	-53.4%	11,5 k €	+7608%	149 €
Debts	67,9 k €	+193%	23,2 k €	-9.1%	25,5 k €	-30.9%	36,9 k €	+2.5%	36 k €	-27.3%	49,5 k €	+257%	13,9 k €	+25.7%	11 k €	+10.2%	10 k €	+64.5%	6,1 k €	-83.3%	36,6 k €	-30.4%	52,5 k €	+112%	24,7 k €	-62.3%	65,6 k €	+25.9%	52,1 k €	-33.0%	77,8 k €	+53.8%	50,6 k €	-19.6%	63 k €	-24.0%	82,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		0,4 ETP		–		0,4 ETP	-20.0%	0,5 ETP		–		–		1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Michel Vandervoorde

Managing director

Active

Ended mandates

Jacques Vandevoorde

Director · until 21 janvier 2020

Ended

JACQUES VANDEVOORDE

Director

Ended

Joelle Stroo

Director · until 21 janvier 2020

Ended

JOELLE STROO

Director

Ended

At this address

Other companies at this address

Company	CBE no.
associazione sarda "martino mastinu"el tano"● Active	0889.435.164
Contracks Global● Active	0749.926.202
ENSEMBLE POUR UN MEILLEUR AVENIR● Active	0802.691.430
Fondation Edgar P. JACOBS● Active	0425.751.113
INITIATIVE HUMANITAIRE INTERNATIONALE● Active	0478.527.625
KenIntEnt● Active	1017.673.916
Solidarités et développement● Active	0460.542.241
TOGETHER FOR DIGNITY● Active	0833.197.633
YRL Strategies● Active	1019.858.889

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro 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	24/08/2026	30/09/2025	06/12/2024	03/11/2023	13/10/2022	30/09/2021
General meeting	30/06/2026	29/09/2025	05/12/2024	01/06/2023	02/06/2022	03/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	24/08/2026	Dutch	PDF
Micro model	31/12/2024	29/09/2025	30/09/2025	Dutch	PDF
Micro model	31/12/2023	05/12/2024	06/12/2024	Dutch	PDF
Micro model	31/12/2022	01/06/2023	03/11/2023	Dutch	PDF
Micro model	31/12/2021	02/06/2022	13/10/2022	Dutch	PDF
Micro model	31/12/2020	03/06/2021	30/09/2021	Dutch	PDF
Micro model	31/12/2019	04/06/2020	27/10/2020	Dutch	PDF
Abridged model	31/12/2018	05/06/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	07/06/2018	27/09/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	27/10/2017	Dutch	PDF
Abridged model	31/12/2015	02/06/2016	06/01/2017	Dutch	PDF
Abridged model	31/12/2014	04/06/2015	27/11/2015	Dutch	PDF
Abridged model	31/12/2013	05/06/2014	23/03/2015	Dutch	PDF
Abridged model	31/12/2012	06/06/2013	26/09/2013	Dutch	PDF
Abridged model	31/12/2011	07/06/2012	18/12/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	28/10/2011	Dutch	PDF
Abridged model	31/12/2009	03/06/2010	28/10/2010	Dutch	PDF
Abridged model	31/12/2008	04/06/2009	06/10/2009	Dutch	PDF
Abridged model	31/12/2007	05/06/2008	19/12/2008	Dutch	PDF
Abridged model	31/12/2006	07/06/2007	20/09/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025 · 1 active · 5 ended

Active mandates

Michel Vandervoorde

Managing director

Active

Ended mandates

Jacques Vandevoorde

Director · until 21 janvier 2020

Ended

JACQUES VANDEVOORDE

Director

Ended

Joelle Stroo

Director · until 21 janvier 2020

Ended

JOELLE STROO

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office13/12/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates07/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office24/10/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates11/03/2020
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates27/02/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/01/2005
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 202516 k €↑
2024
Annual accounts 202410,8 k €↓
2023
Annual accounts 202327 k €↑
2022
Annual accounts 20221,7 k €↓
2021
Annual accounts 202114,6 k €↑
2020
Annual accounts 202010,9 k €↓
2019
Annual accounts 201950,2 k €↑
2018
Annual accounts 201827 k €↑
2017
Annual accounts 2017-10,9 k €↓
2016
Annual accounts 20161,4 k €↓
2015
Annual accounts 201524,9 k €↑
2014
Annual accounts 2014-66 k €↓
2013
Annual accounts 2013-35,1 k €↓
2011
Annual accounts 201184 k €↑
2010
Annual accounts 201019 k €↑
2009
Annual accounts 2009-28,7 k €↓
2008
Annual accounts 200816,6 k €↓
2007
Annual accounts 200737,9 k €↑
2006
Annual accounts 200615,1 k €
14/12/1992
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

L & V

Overview

What does L & V 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