ACTIVE

LICREA

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Financial year 2025 · closed on 31/12/2025

Net result

31,6 k €

-56.2% YoY

Gross margin

84,4 k €

-9.5% YoY

Equity

2 M €

+24.6% YoY

What does LICREA do?

LICREA is a Public limited company incorporated in 1994. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Waregem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.365.132

Incorporation

09/09/1994

Legal form

Public limited company

Registered office

Mannebeekstraat 31
8790 Waregem · FlandreSee on map

Contributed capital

80 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

46431Wholesale of electrical household appliances· main 46431Wholesale of electrical household appliances 51430Air transport

Joint committees (2)

14901
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	84,4 k €	-9.5%	93,3 k €	+6.1%	88 k €	+20.1%	73,2 k €	-9.6%	81 k €	-42.8%	141,7 k €	+55.3%	91,2 k €	+39.2%	65,5 k €	+129%	28,6 k €	+86.3%	15,4 k €	-99.1%	1,6 M €	+11.0%	1,5 M €	+3.3%	1,4 M €	-2.0%	1,5 M €	+5.5%	1,4 M €	-2.5%	1,4 M €	+8.8%	1,3 M €
EBITDA	73,6 k €	-11.1%	82,8 k €	+6.3%	77,9 k €	+21.6%	64 k €	-11.1%	72 k €	-46.0%	133,4 k €	+60.5%	83,1 k €	+44.4%	57,5 k €	+179%	20,7 k €	+1460%	1,3 k €	-99.5%	253,1 k €	+460%	45,2 k €	-84.5%	292,4 k €	+46.7%	199,4 k €	+72.6%	115,5 k €	-62.0%	304,1 k €	+42.4%	213,5 k €
Operating result	40,3 k €	-46.4%	75,3 k €	+5.4%	71,4 k €	+15.4%	61,9 k €	-12.0%	70,3 k €	-23.4%	91,8 k €	+129%	40,1 k €	+140%	16,7 k €	+183%	-20,1 k €	+60.9%	-51,5 k €	-134%	150,5 k €	+376%	-54,5 k €	-131%	177,5 k €	+96.2%	90,5 k €	+383%	18,7 k €	-90.0%	188 k €	+48.1%	127 k €
Net result	31,6 k €	-56.2%	72,3 k €	+13.8%	63,5 k €	+10.9%	57,3 k €	-9.0%	62,9 k €	-22.9%	81,6 k €	+90.1%	42,9 k €	+45.1%	29,6 k €	+27.2%	23,2 k €	-88.5%	202 k €	+96.6%	102,7 k €	+323%	-46 k €	-152%	89,2 k €	+507%	14,7 k €	+296%	-7,5 k €	-107%	103,4 k €	+56.1%	66,3 k €
Balance sheet
Equity	2 M €	+24.6%	1,6 M €	+4.8%	1,5 M €	+4.4%	1,4 M €	+4.1%	1,4 M €	+23.6%	1,1 M €	+7.8%	1 M €	+4.3%	998 k €	+3.0%	969 k €	+2.4%	946,2 k €	+5.8%	894,7 k €	+0.0%	894,5 k €	+60.5%	557,4 k €	+18.9%	468,8 k €	+3.1%	454,6 k €	-52.3%	952 k €	+4.0%	915,3 k €
Total assets	2 M €	+25.7%	1,6 M €	+5.4%	1,5 M €	+5.0%	1,5 M €	+4.9%	1,4 M €	+20.2%	1,2 M €	+8.4%	1,1 M €	+4.2%	1 M €	+2.5%	1 M €	-15.0%	1,2 M €	-65.0%	3,4 M €	+27.6%	2,6 M €	+12.2%	2,4 M €	+0.7%	2,3 M €	+8.3%	2,2 M €	-16.5%	2,6 M €	+8.9%	2,4 M €
Cash	617,3 k €	+14.2%	540,7 k €	+15.1%	469,6 k €	+3.0%	456,1 k €	+7.4%	424,5 k €	+75.4%	242 k €	+69.0%	143,2 k €	+173%	52,5 k €	+38.2%	38 k €	+51.1%	25,1 k €	-90.2%	257,6 k €	+60.2%	160,7 k €	+68.8%	95,2 k €	-31.5%	139 k €	+108%	66,7 k €	-84.3%	423,6 k €	+92.9%	219,6 k €
Debts	66 k €	+71.2%	38,5 k €	+39.5%	27,6 k €	+52.1%	18,2 k €	+137%	7,7 k €	-79.5%	37,3 k €	+29.9%	28,7 k €	+58.4%	18,1 k €	-16.5%	21,7 k €	-90.2%	221,4 k €	-91.0%	2,5 M €	+41.8%	1,7 M €	-2.7%	1,8 M €	-4.0%	1,9 M €	+9.7%	1,7 M €	+4.3%	1,6 M €	+12.0%	1,5 M €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		18,4 ETP	-5.6%	19,5 ETP	+14.7%	17,0 ETP	-11.9%	19,3 ETP	-7.2%	20,8 ETP	+8.3%	19,2 ETP	+4.3%	18,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 22 ended

Active mandates

HABO MANAGEMENT

Managing director · 0825.429.319

Represented by Patrix Vanheirreweghe

Active

Manfred Diez

Director

Active

Ended mandates

HABO MANAGEMENT

Managing director · since 02 novembre 2017 · until 12 mars 2022 · 0825.429.319

Represented by Patrix Vanheirreweghe

Ended

HABO MANAGEMENT

Managing director · since 02 novembre 2017 · until 02 novembre 2023 · 0825.429.319

Represented by Patrix Vanheirreweghe

Ended

HABO MANAGEMENT

Managing director · since 02 novembre 2017 · 0825.429.319

Represented by Patrix Vanheirreweghe

Ended

Manfred Diez

Director · since 02 novembre 2017 · until 12 mars 2022

Ended

At this address

Other companies at this address

Company	CBE no.
AXI● Active	0543.488.723
AXIOMA● Active	0542.532.480

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	22/04/2026	09/05/2025	30/04/2024	03/05/2023	24/05/2022	19/05/2021
General meeting	15/04/2026	26/04/2025	27/04/2024	29/04/2023	29/04/2022	24/04/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/04/2026	22/04/2026	Dutch	PDF
Abridged model	31/12/2024	26/04/2025	09/05/2025	Dutch	PDF
Abridged model	31/12/2023	27/04/2024	30/04/2024	Dutch	PDF
Abridged model	31/12/2022	29/04/2023	03/05/2023	Dutch	PDF
Abridged model	31/12/2021	29/04/2022	24/05/2022	Dutch	PDF
Abridged model	31/12/2020	24/04/2021	19/05/2021	Dutch	PDF
Abridged model	31/12/2019	25/04/2020	28/05/2020	Dutch	PDF
Abridged model	31/12/2018	27/05/2019	05/06/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	19/06/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	12/03/2016	12/04/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	22/04/2014	13/05/2014	Dutch	PDF
Abridged model	31/12/2012	30/04/2013	03/05/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	12/03/2011	11/04/2011	Dutch	PDF
Abridged model	31/12/2009	05/04/2010	28/04/2010	Dutch	PDF
Abridged model	31/12/2008	14/03/2009	16/03/2009	Dutch	PDF
Abridged model	31/12/2007	12/04/2008	08/05/2008	Dutch	PDF
Abridged model	31/12/2006	10/03/2007	29/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 22 ended

Active mandates

HABO MANAGEMENT

Managing director · 0825.429.319

Represented by Patrix Vanheirreweghe

Active

Manfred Diez

Director

Active

Ended mandates

HABO MANAGEMENT

Managing director · since 02 novembre 2017 · until 12 mars 2022 · 0825.429.319

Represented by Patrix Vanheirreweghe

Ended

HABO MANAGEMENT

Managing director · since 02 novembre 2017 · until 02 novembre 2023 · 0825.429.319

Represented by Patrix Vanheirreweghe

Ended

HABO MANAGEMENT

Managing director · since 02 novembre 2017 · 0825.429.319

Represented by Patrix Vanheirreweghe

Ended

Manfred Diez

Director · since 02 novembre 2017 · until 12 mars 2022

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates03/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/02/2014
BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/10/2013
ONTSLAGEN - BENOEMINGEN
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 202531,6 k €↓
2024
Annual accounts 202472,3 k €↑
2023
Annual accounts 202363,5 k €↑
2022
Annual accounts 202257,3 k €↓
2021
Annual accounts 202162,9 k €↓
2018
Annual accounts 201881,6 k €↑
2017
Annual accounts 201742,9 k €↑
2016
Annual accounts 201629,6 k €↑
2015
Annual accounts 201523,2 k €↓
2014
Annual accounts 2014202 k €↑
2013
Annual accounts 2013102,7 k €↑
2012
Annual accounts 2012-46 k €↓
2011
Annual accounts 201189,2 k €↑
2010
Annual accounts 201014,7 k €↑
2009
Annual accounts 2009-7,5 k €↓
2008
Annual accounts 2008103,4 k €↑
2007
Annual accounts 200766,3 k €
09/09/1994
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

LICREA

Overview

What does LICREA do?

Trend over 17 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