ACTIVE

Luminus Solutions

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Financial year 2025 · closed on 31/12/2025

Net result

3,4 M €

+430.5% YoY

Revenue

73,1 M €

+1208.3% YoY

Equity

9,4 M €

+34.5% YoY

Workforce

33,6 ETP

+25.4% YoY

What does Luminus Solutions do?

Luminus Solutions is a Public limited company incorporated in 1994. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Saint-Josse-ten-Noode. It employs on average 33,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.145.981

Incorporation

21/10/1994

Legal form

Public limited company

Registered office

Boulevard du Roi Albert II 7
1210 Saint-Josse-ten-Noode · BruxellesSee on map

Contributed capital

4 826 308,00 €

Latest accounts

31/12/2025

Average workforce

33,6 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities 33200Installation of industrial machinery and equipment 41003Construction of buildings 43211Electrical installation+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2012		2011		2009		2008		2007		2006
Income statement
Revenue	73,1 M €	+1208%	5,6 M €	-5.2%	5,9 M €	+2.9%	5,7 M €	+6.7%	5,4 M €	-22.1%	6,9 M €	-15.8%	8,2 M €	-1.8%	8,3 M €	+375%	1,8 M €	+104%	862,7 k €	-6.5%	922,7 k €	-27.4%	1,3 M €	+44.8%	877,4 k €	-5.6%	929,9 k €	+18.0%	788,3 k €		–		–		–
EBITDA	5,6 M €	+234%	1,7 M €	+22.4%	1,4 M €	+28.9%	1,1 M €	+137%	450,6 k €	-44.2%	807,8 k €	-36.0%	1,3 M €	-1.5%	1,3 M €	+684%	163,7 k €	+19.2%	137,3 k €	-43.0%	241 k €	-32.6%	357,6 k €	+27.4%	280,8 k €	-24.1%	370 k €	-16.5%	443,3 k €	+13.3%	391,4 k €	-2.2%	400,3 k €	+301%	99,9 k €
Operating result	4,3 M €	+341%	969,9 k €	+116%	448,1 k €	+98.2%	226,1 k €	+155%	-408,3 k €	-308%	196,2 k €	-72.5%	714,4 k €	-18.0%	871,7 k €	+13961%	6,2 k €	-82.3%	35,1 k €	-64.0%	97,6 k €	-25.9%	131,8 k €	+150%	52,7 k €	-62.1%	139,1 k €	-30.3%	199,5 k €	+47.3%	135,4 k €	-39.0%	222 k €	+445%	-64,3 k €
Net result	3,4 M €	+430%	646,2 k €	-33.5%	971,8 k €	+92.1%	506 k €	+424%	-156 k €	-254%	101,2 k €	-89.7%	979,7 k €	+71.8%	570,4 k €	+1123%	-55,8 k €	+63.3%	-151,9 k €	-4745%	3,3 k €	+159%	-5,5 k €	+60.6%	-14,1 k €	-184%	16,8 k €	+178%	-21,5 k €	-134%	64 k €	-52.1%	133,4 k €	+169%	-193,3 k €
Balance sheet
Equity	9,4 M €	+34.5%	7 M €	-1.0%	7,1 M €	+8.6%	6,5 M €	+8.2%	6 M €	-7.2%	6,5 M €	-1.7%	6,6 M €	+18.4%	5,6 M €	+12.2%	5 M €	+107%	2,4 M €	+270%	646,7 k €	+0.5%	643,4 k €	-0.9%	649 k €	-2.1%	663 k €	+64.2%	403,9 k €	-5.0%	425,4 k €	+17.7%	361,4 k €	+58.5%	228 k €
Total assets	28,3 M €	+41.0%	20,1 M €	+40.5%	14,3 M €	-6.6%	15,3 M €	+24.1%	12,3 M €	-7.0%	13,2 M €	-12.0%	15,1 M €	+11.4%	13,5 M €	+42.9%	9,5 M €	+90.1%	5 M €	+48.0%	3,4 M €	+0.6%	3,3 M €	+86.9%	1,8 M €	-15.1%	2,1 M €	+0.7%	2,1 M €	+2.2%	2 M €	-4.5%	2,1 M €	+15.5%	1,9 M €
Cash	4,6 k €	-41.6%	7,9 k €	-86.6%	58,8 k €	-60.3%	148,2 k €	-84.2%	940,1 k €	-16.4%	1,1 M €	-63.7%	3,1 M €	+60.2%	1,9 M €	+15.9%	1,7 M €	+52544%	3,2 k €	-20.4%	4 k €	+5194%	75,3 €	-39.7%	124,9 €	-91.3%	1,4 k €	-96.5%	40,6 k €	+271%	11 k €	+646%	1,5 k €		–
Debts	17,7 M €	+48.6%	11,9 M €	+95.4%	6,1 M €	-21.2%	7,7 M €	+43.7%	5,4 M €	-9.9%	6 M €	-23.2%	7,8 M €	+2.6%	7,6 M €	+71.2%	4,4 M €	+72.1%	2,6 M €	-4.9%	2,7 M €	+0.6%	2,7 M €	+139%	1,1 M €	-21.6%	1,4 M €	-14.6%	1,7 M €	+18.7%	1,4 M €	-10.6%	1,6 M €	+10.3%	1,4 M €
Other
Workforce	33,6 ETP	+25.4%	26,8 ETP	+24.7%	21,5 ETP	+10.8%	19,4 ETP	+7.8%	18,0 ETP	+4.0%	17,3 ETP	+13.1%	15,3 ETP	+56.1%	9,8 ETP	+277%	2,6 ETP		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 45 ended

Active mandates

EMMANUEL BOONNE

Director · since 25 mai 2022 · until 31 mai 2028

Active

FABIEN BREMONT

Director · since 25 mai 2022 · until 31 mai 2028

Active

FRANK SCHOONACKER

Director · since 25 mai 2022 · until 31 mai 2028

Active

GEERT MAES

Director · since 25 mai 2022 · until 31 mai 2028

Active

HENRICUS BUENEN

Director · since 25 mai 2022 · until 31 mai 2028

Active

Emmanuel BOONNE

Director · since 25 février 2022 · until 31 mai 2028

Active

Fabien BREMONT

Director · since 25 février 2022 · until 31 mai 2028

Active

Frank SCHOONACKER

Director · since 25 février 2022 · until 31 mai 2028

Active

Geert MAES

Director · since 25 février 2022 · until 31 mai 2028

Active

Henricus BUENEN

Director · since 25 février 2022 · until 31 mai 2028

Active

Ended mandates

FRANK SCHOONACKER

Director · since 11 décembre 2020 · until 25 mai 2022

Ended

HENRICUS BUENEN

Director · since 27 mai 2020 · until 25 mai 2022

Ended

EMMANUEL BOONNE

Director · since 25 septembre 2019 · until 25 mai 2022

Ended

FABRICE TENNESON

Director · since 13 novembre 2018 · until 25 septembre 2019

Ended

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Annual accounts

Full financial information

	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	04/06/2025	17/06/2024	14/06/2023	23/06/2022	17/06/2021
General meeting	27/05/2026	28/05/2025	29/05/2024	31/05/2023	25/05/2022	26/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

28 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/05/2026	09/07/2026	Dutch	PDF
Full model	31/12/2025	27/05/2026	27/06/2026	French	PDF
Full model	31/12/2024	28/05/2025	04/06/2025	French	PDF
Full model	31/12/2024	28/05/2025	04/06/2025	Dutch	PDF
Full model	31/12/2023	29/05/2024	17/06/2024	Dutch	PDF
Full model	31/12/2023	29/05/2024	17/06/2024	French	PDF
Full model	31/12/2022	31/05/2023	14/06/2023	French	PDF
Full model	31/12/2022	31/05/2023	14/06/2023	Dutch	PDF
Full model	31/12/2021	25/05/2022	23/06/2022	French	PDF
Full model	31/12/2021	25/05/2022	23/06/2022	Dutch	PDF
Full model	31/12/2020	26/05/2021	17/06/2021	French	PDF
Full model	31/12/2020	26/05/2021	17/06/2021	Dutch	PDF
Full model	31/12/2019	27/05/2020	23/06/2020	French	PDF
Full model	31/12/2019	27/05/2020	23/06/2020	Dutch	PDF
Full model	31/12/2018	29/05/2019	02/08/2019	French	PDF
Full model	31/12/2018	29/05/2019	02/08/2019	Dutch	PDF
Full model	31/12/2017	30/05/2018	13/06/2018	French	PDF
Full model	31/12/2017	30/05/2018	13/06/2018	Dutch	PDF
Full model	30/06/2016	25/11/2016	13/12/2016	Dutch	PDF
Full model	30/06/2015	14/12/2015	30/12/2015	Dutch	PDF
Full model	30/06/2014	30/01/2015	16/02/2015	Dutch	PDF
Full model	31/12/2012	07/06/2013	04/07/2013	Dutch	PDF
Full model	31/12/2011	03/08/2012	30/08/2012	Dutch	PDF
Full model	31/12/2010	30/05/2011	08/06/2011	Dutch	PDF

View all 28 filings

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 45 ended

Active mandates

EMMANUEL BOONNE

Director · since 25 mai 2022 · until 31 mai 2028

Active

FABIEN BREMONT

Director · since 25 mai 2022 · until 31 mai 2028

Active

FRANK SCHOONACKER

Director · since 25 mai 2022 · until 31 mai 2028

Active

GEERT MAES

Director · since 25 mai 2022 · until 31 mai 2028

Active

HENRICUS BUENEN

Director · since 25 mai 2022 · until 31 mai 2028

Active

Emmanuel BOONNE

Director · since 25 février 2022 · until 31 mai 2028

Active

Fabien BREMONT

Director · since 25 février 2022 · until 31 mai 2028

Active

Frank SCHOONACKER

Director · since 25 février 2022 · until 31 mai 2028

Active

Geert MAES

Director · since 25 février 2022 · until 31 mai 2028

Active

Henricus BUENEN

Director · since 25 février 2022 · until 31 mai 2028

Active

Ended mandates

FRANK SCHOONACKER

Director · since 11 décembre 2020 · until 25 mai 2022

Ended

HENRICUS BUENEN

Director · since 27 mai 2020 · until 25 mai 2022

Ended

EMMANUEL BOONNE

Director · since 25 septembre 2019 · until 25 mai 2022

Ended

FABRICE TENNESON

Director · since 13 novembre 2018 · until 25 septembre 2019

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/12/2025
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Other03/12/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates25/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2025
DEMISSIONS, NOMINATIONS
PDF
Other07/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other07/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates21/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2022
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 20253,4 M €↑
2024
Annual accounts 2024646,2 k €↓
2023
Annual accounts 2023971,8 k €↑
2022
Annual accounts 2022506 k €↑
2021
Annual accounts 2021-156 k €↓
2020
Annual accounts 2020101,2 k €↓
2019
Annual accounts 2019979,7 k €↑
2018
Annual accounts 2018570,4 k €↑
2018
Name changeLuminus Solutions
2017
Annual accounts 2017-55,8 k €↑
2016
Annual accounts 2016-151,9 k €↓
2016
Name changeEDF Luminus Solutions
2015
Annual accounts 20153,3 k €↑
2014
Annual accounts 2014-5,5 k €↑
2012
Annual accounts 2012-14,1 k €↓
2011
Annual accounts 201116,8 k €↑
2011
Name changeBleyveld Co
2009
Annual accounts 2009-21,5 k €↓
2008
Annual accounts 200864 k €↓
2007
Annual accounts 2007133,4 k €↑
2006
Annual accounts 2006-193,3 k €
2006
Name changeVANPARIJS - MAES
21/10/1994
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

Luminus Solutions

Overview

What does Luminus Solutions do?

Trend over 18 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