ACTIVE

LENAERTS

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Financial year 2025 · Closed on 31/12/2025

Net result1,6 M €-47,9 %over 1 year

Revenue20,7 M €-9,5 %over 1 year

Equity10,1 M €+18,9 %over 1 year

Workforce47,7 ETP+9,4 %over 1 year

Identity

Source · BCE/KBO

LENAERTS is a Public limited company incorporated in 1993. Its main activity is: Electrical installation. Its registered office is in Houthalen-Helchteren. It employs on average 47,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0450.996.946
Incorporation: 30/09/1993
Legal form: Public limited company
Registered office: Europark 1086
3530 Houthalen-Helchteren · FlandreSee on map
Contributed capital: 608 300,00 €
Latest accounts: 31/12/2025
Average workforce: 47,7 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 43222Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 45310Wholesale trade of motor vehicle parts and accessories 43222Plumbing, heat and air-conditioning installation+8

Joint committees (4)

124
14901
200
218

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	20,7 M €	-9.5%	22,9 M €	+16.6%	19,6 M €	-15.1%	23,1 M €	+48.3%	15,6 M €
EBITDA	2,3 M €	-42.9%	4 M €	+38.0%	2,9 M €	-9.0%	3,2 M €	+27.2%	2,5 M €
Operating result	2 M €	-48.8%	3,9 M €	+38.8%	2,8 M €	-7.3%	3 M €	+28.9%	2,4 M €
Net result	1,6 M €	-47.9%	3,1 M €	+42.0%	2,2 M €	-6.2%	2,3 M €	+33.9%	1,7 M €
Balance sheet
Equity	10,1 M €	+18.9%	8,5 M €	+57.1%	5,4 M €	+67.2%	3,2 M €	-11.5%	3,6 M €
Total assets	12,7 M €	-0.3%	12,7 M €	+29.8%	9,8 M €	+13.0%	8,7 M €	+3.6%	8,4 M €
Cash	231,3 k €	-21.8%	295,9 k €	+23.4%	239,8 k €	-92.0%	3 M €	-29.8%	4,2 M €
Debts	2,6 M €	-39.3%	4,2 M €	+1.7%	4,2 M €	-23.6%	5,4 M €	+15.2%	4,7 M €
Other
Workforce	47,7 ETP	+9.4%	43,6 ETP	+6.1%	41,1 ETP	+1.2%	40,6 ETP	-2.4%	41,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
WILLCO0783.441.482Represented by Wim GEENS	Director02/06/2025 → 02/06/2031
Cristallo TopCo0787.628.419Represented by Monballieu Ruben	Director01/07/2022 → 31/05/2028
ILENCO0568.502.350Represented by Ilse Lenaerts	Managing director01/07/2022 → 31/05/2028Director01/07/2022 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MAHLER CONSULTING0770.540.185Represented by Geert FOSTIER	Director01/07/2022 → 2023 accounts
LUC BECKERS BEDRIJFSREVISOR0430.898.843Represented by Luc Beckers	Auditor16/07/2021 → 2022 accounts
Jean Vandijck	Director01/06/2010 → 2019 accounts

Other companies at this address

Europark 1086 3530 Houthalen-Helchteren

Company	CBE no.
Cristallo TopCo● Active	0787.628.419
L.V.R. ELECTRONICS● Active	0429.382.079

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	09/07/2026	28/07/2025	29/08/2024	31/07/2023	31/08/2022	08/08/2021
General meeting	08/07/2026	02/07/2025	28/06/2024	30/06/2023	26/05/2022	31/05/2021
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	08/07/2026	09/07/2026	Dutch	PDF
Full model	31/12/2024	02/07/2025	28/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	29/08/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Full model	31/12/2021	26/05/2022	31/08/2022	Dutch	PDF
Full model	31/12/2020	31/05/2021	08/08/2021	Dutch	PDF
Full model	31/12/2019	31/05/2020	19/08/2020	Dutch	PDF
Full model	31/12/2018	31/05/2019	28/08/2019	Dutch	PDF
Full model	31/12/2017	31/05/2018	10/08/2018	Dutch	PDF
Full model	31/12/2016	31/05/2017	29/08/2017	Dutch	PDF
Full model	31/12/2015	31/05/2016	27/08/2016	Dutch	PDF
Full model	31/12/2014	31/05/2015	22/08/2015	Dutch	PDF
Full model	31/12/2013	31/05/2014	27/08/2014	Dutch	PDF
Full model	31/12/2012	31/05/2013	29/08/2013	Dutch	PDF
Full model	31/12/2011	31/05/2012	29/08/2012	Dutch	PDF
Full model	31/12/2010	31/05/2011	26/08/2011	Dutch	PDF
Full model	31/12/2009	31/05/2010	30/08/2010	Dutch	PDF
Full model	31/12/2008	31/05/2009	28/08/2009	Dutch	PDF
Full model	31/12/2007	31/05/2008	27/08/2008	Dutch	PDF
Full model	31/12/2006	31/05/2007	30/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
WILLCO0783.441.482Represented by Wim GEENS	Director02/06/2025 → 02/06/2031
Cristallo TopCo0787.628.419Represented by Monballieu Ruben	Director01/07/2022 → 31/05/2028
ILENCO0568.502.350Represented by Ilse Lenaerts	Managing director01/07/2022 → 31/05/2028Director01/07/2022 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MAHLER CONSULTING0770.540.185Represented by Geert FOSTIER	Director01/07/2022 → 2023 accounts
LUC BECKERS BEDRIJFSREVISOR0430.898.843Represented by Luc Beckers	Auditor16/07/2021 → 2022 accounts
Jean Vandijck	Director01/06/2010 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2011
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares01/02/2010
KAPITAAL - AANDELEN - 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

WILLCO

Cristallo TopCo

ILENCO

MAHLER CONSULTING

LUC BECKERS BEDRIJFSREVISOR

PELIDER INVESTMENTS

Paul LENAERTS

Jean Vandijck

Willy Roox

Johannes VANDIJCK

Ilse Lenaerts

Kim Lenaerts

199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

LENAERTS

Europark 1086, 3530 Houthalen-Helchteren

Director

Managing director

Director

Auditor

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Europark 1086, 3530 Houthalen-HelchterenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00272816

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
LENAERTSCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00272816

Events

2025
Annual accounts 20251,6 M €↓
2024
Annual accounts 20243,1 M €↑
2023
Annual accounts 20232,2 M €↓
2022
Annual accounts 20222,3 M €↑
2021
Annual accounts 20211,7 M €↑
2020
Annual accounts 20201,1 M €↑
2019
Annual accounts 2019847,1 k €↑
2018
Annual accounts 2018339 k €↑
2017
Annual accounts 2017155,5 k €↓
2016
Annual accounts 2016354,4 k €↑
2015
Annual accounts 2015153,5 k €↑
2014
Annual accounts 2014128,3 k €↑
2013
Annual accounts 201398,3 k €↑
2012
Annual accounts 201281,1 k €↑
2011
Annual accounts 201154,3 k €↓
2010
Annual accounts 201077,8 k €↑
2009
Annual accounts 200946,1 k €↑
2008
Annual accounts 200843,7 k €↓
2007
Annual accounts 2007136,3 k €
30/09/1993
IncorporationPublic limited company

LENAERTS

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