ACTIVE

LIMBURGSE RECONVERSIE MAATSCHAPPIJ

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Financial year 2025 · Closed on 31/12/2025

Net result17,8 M €+20 888,6 %over 1 year
Revenue2,2 M €+14,8 %over 1 year
Equity521,2 M €+2,3 %over 1 year
Workforce46,7 ETP+2,4 %over 1 year

Identity

Source · BCE/KBO

LIMBURGSE RECONVERSIE MAATSCHAPPIJ is a Public limited company incorporated in 1994. Its main activity is: Activities of holding companies. Its registered office is in Hasselt. It employs on average 46,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.138.972
Incorporation
01/02/1994
Legal form
Public limited company
Registered office
Kempische steenweg 311 box 4.01
3500 Hasselt · FlandreSee on map
Contributed capital
343 047 367,49 €
Latest accounts
31/12/2025
Average workforce
46,7 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 40 filings

Trend over 13 financial years

20252024202320222016
Income statement
Revenue2,2 M €1,9 M €1,6 M €1,7 M €2 M €
EBITDA-8,1 M €-7,9 M €-8,7 M €-8,2 M €-7,5 M €
Operating result-9 M €-8,6 M €-8,8 M €-8,4 M €-7,7 M €
Net result17,8 M €84,9 k €932,5 k €9,9 M €190,1 M €
Balance sheet
Equity521,2 M €509,7 M €509,8 M €482,8 M €403,6 M €
Total assets543,2 M €513,4 M €518 M €496,4 M €472,8 M €
Cash10,4 M €15,5 M €48,1 M €45,3 M €37,5 M €
Debts21,7 M €3,4 M €7,9 M €13 M €68,7 M €
Other
Workforce46,7 ETP45,6 ETP46,7 ETP48,2 ETP51,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 73 ended

Active mandates

BERT LAMBRECHTS

Government commissioner · since 17 octobre 2025

Active
PIETER PAUWELS

Director · since 21 mai 2024 · until 17 mai 2027

Active
KRISTOF SCHIEPERS

Vice-chairman of the board of directors · since 24 août 2023 · until 17 mai 2027

Active
HANS WILMOTS

Director · since 09 juin 2021 · until 17 mai 2027

Active
KARLIEN DE TURCK

Director · since 09 juin 2021 · until 17 mai 2027

Active
FREDERICK VANDEPUT

Director · since 17 mai 2021 · until 17 mai 2027

Active
FRIEDA BREPOELS

Vice-chairman of the board of directors · since 17 mai 2021 · until 17 mai 2027

Active
HILDE ESSERS

Director · since 17 mai 2021 · until 17 mai 2027

Active
MARK MAESEN

Chairman of the board of directors · since 17 mai 2021 · until 17 mai 2027

Active
PETER VAVEDIN

Director · since 17 mai 2021 · until 17 mai 2027

Active

Ended mandates

JULES NOTEN

Director · since 09 juin 2021 · until 21 mai 2024

Ended
JULES NOTEN

Director · since 09 juin 2021 · until 17 mai 2027

Ended
GEORGES LENSSEN

Vice-chairman of the board of directors · since 17 mai 2021 · until 30 juin 2023

Ended
GEORGES LENSSEN GEORGES

Vice-chairman of the board of directors · since 17 mai 2021 · until 17 mai 2027

Ended

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Kempische steenweg 311 3500 Hasselt
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be-MINE Mijnbelevingscentrum● Active
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BLUECIE● Active
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CAMPUS NOORD● Active
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C. Corda● Active
0559.919.236
CORDA CAMPUS 2.0● Active
0547.573.611
Elision● Active
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Fenego● Active
0809.511.718
FLOATING PV● Active
0715.622.349
FORWARD Services● Active
0673.543.848
HOUTPARK● Active
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H.W.P.● Active
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IMMO SCHURHOVEN● Active
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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelConsolidated accountsFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/06/202603/06/202505/06/202430/05/202314/06/202223/06/2021
General meeting18/05/202619/05/202521/05/202415/05/202316/05/202217/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 40 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/05/202608/06/2026DutchPDF
Consolidated accounts31/12/202518/05/202609/06/2026DutchPDF
Full model31/12/202419/05/202503/06/2025DutchPDF
Consolidated accounts31/12/202419/05/202511/06/2025DutchPDF
Full model31/12/202321/05/202405/06/2024DutchPDF
Consolidated accounts31/12/202321/05/202405/06/2024DutchPDF
Full model31/12/202215/05/202330/05/2023DutchPDF
Consolidated accounts31/12/202215/05/202331/05/2023DutchPDF
Full model31/12/202116/05/202209/06/2022DutchPDF
Consolidated accounts31/12/202116/05/202214/06/2022DutchPDF
Full model31/12/202017/05/202123/06/2021DutchPDF
Consolidated accounts31/12/202017/05/202123/06/2021DutchPDF
Full model31/12/201918/05/202025/06/2020DutchPDF
Consolidated accounts31/12/201918/05/202025/06/2020DutchPDF
Full model31/12/201820/05/201913/06/2019DutchPDF
Consolidated accounts31/12/201820/05/201913/06/2019DutchPDF
Full model31/12/201722/05/201808/06/2018DutchPDF
Consolidated accounts31/12/201722/05/201808/06/2018DutchPDF
Full model31/12/201615/05/201707/06/2017DutchPDF
Consolidated accounts31/12/201615/05/201709/06/2017DutchPDF
Full model31/12/201517/05/201603/06/2016DutchPDF
Consolidated accounts31/12/201517/05/201603/06/2016DutchPDF
Full model31/12/201418/05/201508/06/2015DutchPDF
Consolidated accounts31/12/201418/05/201508/06/2015DutchPDF

View all 40 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 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

10 active · 73 ended

Active mandates

BERT LAMBRECHTS

Government commissioner · since 17 octobre 2025

Active
PIETER PAUWELS

Director · since 21 mai 2024 · until 17 mai 2027

Active
KRISTOF SCHIEPERS

Vice-chairman of the board of directors · since 24 août 2023 · until 17 mai 2027

Active
HANS WILMOTS

Director · since 09 juin 2021 · until 17 mai 2027

Active
KARLIEN DE TURCK

Director · since 09 juin 2021 · until 17 mai 2027

Active
FREDERICK VANDEPUT

Director · since 17 mai 2021 · until 17 mai 2027

Active
FRIEDA BREPOELS

Vice-chairman of the board of directors · since 17 mai 2021 · until 17 mai 2027

Active
HILDE ESSERS

Director · since 17 mai 2021 · until 17 mai 2027

Active
MARK MAESEN

Chairman of the board of directors · since 17 mai 2021 · until 17 mai 2027

Active
PETER VAVEDIN

Director · since 17 mai 2021 · until 17 mai 2027

Active

Ended mandates

JULES NOTEN

Director · since 09 juin 2021 · until 21 mai 2024

Ended
JULES NOTEN

Director · since 09 juin 2021 · until 17 mai 2027

Ended
GEORGES LENSSEN

Vice-chairman of the board of directors · since 17 mai 2021 · until 30 juin 2023

Ended
GEORGES LENSSEN GEORGES

Vice-chairman of the board of directors · since 17 mai 2021 · until 17 mai 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/05/2024
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates24/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2023
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Capital / shares11/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates05/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202517,8 M €↑
  2. 12/11/2025
    nominationSarina Wolfs — Head of Corporate Real Estate
  3. 2024
    Annual accounts 202484,9 k €↓
  4. 19/09/2024
    nominationKris Snijkers — Head of Corporate Affairs
  5. 27/06/2024
    nominationPieter Pauwels — bestuurder
  6. 21/05/2024
    reconductionEY Bedriffsrevisoren — commissaris
  7. 2023
    Annual accounts 2023932,5 k €↓
  8. 24/08/2023
    nominationKristof Schiepers — bestuurder
  9. 2022
    Annual accounts 20229,9 M €↓
  10. 2016
    Annual accounts 2016190,1 M €↑
  11. 2014
    Annual accounts 2014-5,7 M €↓
  12. 2012
    Annual accounts 20121,5 M €↓
  13. 2011
    Annual accounts 201116,6 M €↑
  14. 2010
    Annual accounts 201013 M €↑
  15. 2009
    Annual accounts 2009-1,7 M €↓
  16. 2008
    Annual accounts 200843,9 M €↑
  17. 2007
    Annual accounts 200716,8 M €↓
  18. 2006
    Annual accounts 200624,1 M €
  19. 01/02/1994
    IncorporationPublic limited company