OPENING OF BANKRUPTCY

LV TECHNICS

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Financial year 2024 · closed on 30/09/2024

Net result

-457,8 k €

-102.7% YoY

Gross margin

367,8 k €

-48.8% YoY

Equity

-549,5 k €

-499.2% YoY

Workforce

15,8 ETP

-3.1% YoY

Company — Opening of bankruptcy.

What does LV TECHNICS do?

LV TECHNICS is a Public limited company incorporated in 1995. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Leuven. It employs on average 15,8 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0454.867.642

Incorporation

29/03/1995

Legal form

Public limited company

Registered office

Sint-Hadrianusstraat 25
3018 Leuven · FlandreSee on map

Contributed capital

123 946,77 €

Latest accounts

30/09/2024

Average workforce

15,8 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities 24100Manufacture of basic iron and steel and of ferro-alloys 24100Manufacture of basic iron and steel and of ferro-alloys 27100Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus+3

Joint committees (1)

14901

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	367,8 k €	-48.8%	717,6 k €	+0.4%	714,7 k €	-15.4%	845,1 k €	+7.5%	786,3 k €	-9.4%	867,4 k €	+0.1%	866,7 k €	+9.5%	791,7 k €	-15.6%	938,6 k €	+10.8%	847,3 k €	-3.7%	879,4 k €	-13.2%	1 M €	+16.9%	867,1 k €	-25.4%	1,2 M €	-0.2%	1,2 M €	+25.8%	925,3 k €	-25.6%	1,2 M €	-1.6%	1,3 M €	-1.1%	1,3 M €
EBITDA	-398 k €	-109%	-190,6 k €	-87.0%	-101,9 k €	-428%	31,1 k €	+446%	-9 k €	-118%	49,4 k €	+16.9%	42,3 k €	-18.1%	51,6 k €	-48.0%	99,3 k €	+1824%	5,2 k €	-39.2%	8,5 k €	-85.7%	59,4 k €	+420%	-18,6 k €	-111%	164,8 k €	+90.4%	86,6 k €	+143%	-202,1 k €	-468%	55 k €	+14.0%	48,3 k €	+120%	21,9 k €
Operating result	-447,4 k €	-103%	-220,5 k €	-82.0%	-121,2 k €	-2729%	4,6 k €	+115%	-30 k €	-275%	17,1 k €	+44.8%	11,8 k €	-6.6%	12,7 k €	-77.2%	55,4 k €	+284%	-30,2 k €	-43.1%	-21,1 k €	-171%	29,9 k €	+177%	-38,9 k €	-135%	110,7 k €	+60.0%	69,2 k €	+134%	-202,1 k €	-1328%	16,5 k €	-54.7%	36,3 k €	+391%	7,4 k €
Net result	-457,8 k €	-103%	-225,9 k €	-78.6%	-126,5 k €	-6024%	-2,1 k €	+94.0%	-34,4 k €	-442%	10,1 k €	+119%	4,6 k €	-43.3%	8,1 k €	-82.9%	47,5 k €	+242%	-33,5 k €	-157%	-13 k €	-161%	21,5 k €	+356%	-8,4 k €	-108%	106,5 k €	+83.5%	58 k €	+140%	-144,4 k €	-1071%	14,9 k €	-52.7%	31,4 k €	+29.6%	24,3 k €
Balance sheet
Equity	-549,5 k €	-499%	-91,7 k €	-168%	134,2 k €	-48.5%	260,7 k €	-0.8%	262,7 k €	-11.6%	297,1 k €	+0.7%	294,9 k €	-1.1%	298,1 k €	+2.8%	290 k €	+19.6%	242,6 k €	-12.1%	276 k €	-4.5%	289,1 k €	+8.0%	267,6 k €	-3.0%	276 k €	+62.8%	169,5 k €	+52.0%	111,5 k €	-56.4%	255,9 k €	+35.4%	189 k €	+20.0%	157,5 k €
Total assets	746,9 k €	-41.1%	1,3 M €	+2.2%	1,2 M €	+3.1%	1,2 M €	-1.4%	1,2 M €	+27.2%	959,4 k €	-15.6%	1,1 M €	+3.2%	1,1 M €	+4.1%	1,1 M €	+19.1%	888 k €	-5.7%	942 k €	-9.4%	1 M €	+18.5%	877,6 k €	-8.8%	962,7 k €	+19.8%	803,4 k €	-5.7%	851,9 k €	+1.6%	838,4 k €	+11.0%	755 k €	+0.2%	753,5 k €
Cash	–		–		41,7 k €	-62.8%	112,1 k €	+530%	17,8 k €	-58.2%	42,5 k €	-64.9%	121 k €	+162%	46,2 k €	-40.7%	78 k €	+106%	37,9 k €	+54.2%	24,6 k €	-68.1%	77,1 k €	+135%	32,8 k €	-11.4%	37 k €	-8.6%	40,5 k €	+64.6%	24,6 k €	-52.2%	51,5 k €	+540%	8 k €	-45.9%	14,9 k €
Debts	1,3 M €	-4.7%	1,4 M €	+22.9%	1,1 M €	+17.4%	943 k €	-1.5%	957,4 k €	+44.5%	662,3 k €	-21.3%	841,7 k €	+4.8%	802,8 k €	+4.6%	767,7 k €	+18.9%	645,5 k €	-3.1%	665,9 k €	-11.3%	750,6 k €	+23.0%	610 k €	-11.2%	686,7 k €	+8.3%	633,9 k €	-14.4%	740,3 k €	+27.1%	582,5 k €	+2.9%	566 k €	-5.0%	596 k €
Other
Workforce	15,8 ETP	-3.1%	16,3 ETP	-13.3%	18,8 ETP	+5.6%	17,8 ETP	-5.8%	18,9 ETP	-3.6%	19,6 ETP	+2.1%	19,2 ETP	+6.1%	18,1 ETP	-10.0%	20,1 ETP	0.0%	20,1 ETP	-6.5%	21,5 ETP	-5.7%	22,8 ETP	+15.2%	19,8 ETP	-19.5%	24,6 ETP	-15.2%	29,0 ETP	+2.5%	28,3 ETP	-2.4%	29,0 ETP	-12.1%	33,0 ETP	-1.5%	33,5 ETP

Governance

Board of directors

Seen on filing of 30/09/2024 · 3 active · 13 ended

Active mandates

Leon René Van Eylen

Chairman of the board of directors · since 29 mars 1995

Active

Maria Amelia Robberechts

Director · since 29 mars 1995

Active

Raphaël Julien De Neef

Director

Active

Ended mandates

Guido VAN EYLEN

Director · since 16 mars 2013 · until 15 mars 2019

Ended

Guido VAN EYLEN

Director · since 01 janvier 2007

Ended

Marie-Josée THEYS

Director · since 01 janvier 2007

Ended

Guido VAN EYLEN

Director · since 26 février 2004

Ended

At this address

Other companies at this address

Company	CBE no.
LIGHT MODELS AERO CLUB● Active	0463.758.780

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019	01/10/2018
Closing of the financial year	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020	30/09/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/05/2025	03/04/2025	19/02/2024	31/03/2022	31/05/2021	31/05/2020
General meeting	31/03/2025	08/03/2024	24/02/2023	25/02/2022	26/02/2021	28/02/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2024	31/03/2025	09/05/2025	Dutch	PDF
Abridged model	30/09/2023	08/03/2024	03/04/2025	Dutch	PDF
Abridged model	30/09/2022	24/02/2023	19/02/2024	Dutch	PDF
Abridged model	30/09/2021	25/02/2022	31/03/2022	Dutch	PDF
Abridged model	30/09/2020	26/02/2021	31/05/2021	Dutch	PDF
Abridged model	30/09/2019	28/02/2020	31/05/2020	Dutch	PDF
Abridged model	30/09/2018	22/02/2019	27/03/2019	Dutch	PDF
Abridged model	30/09/2017	16/03/2018	19/04/2018	Dutch	PDF
Abridged model	30/09/2016	24/02/2017	21/08/2017	Dutch	PDF
Abridged model	30/09/2015	26/02/2016	29/04/2016	Dutch	PDF
Abridged model	30/09/2014	27/02/2015	30/04/2015	Dutch	PDF
Abridged model	30/09/2013	28/02/2014	14/04/2014	Dutch	PDF
Abridged model	30/09/2012	22/02/2013	26/07/2013	Dutch	PDF
Abridged model	30/09/2011	24/02/2012	30/04/2012	Dutch	PDF
Abridged model	30/09/2010	25/02/2011	14/10/2011	Dutch	PDF
Abridged model	30/09/2009	26/02/2010	21/06/2010	Dutch	PDF
Abridged model	30/09/2008	20/03/2009	30/04/2009	Dutch	PDF
Abridged model	30/09/2007	29/02/2008	30/09/2008	Dutch	PDF
Abridged model	30/09/2006	18/03/2007	08/11/2007	Dutch	PDF

Estimate

Indicative valuation

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 30/09/2024 · 3 active · 13 ended

Active mandates

Leon René Van Eylen

Chairman of the board of directors · since 29 mars 1995

Active

Maria Amelia Robberechts

Director · since 29 mars 1995

Active

Raphaël Julien De Neef

Director

Active

Ended mandates

Guido VAN EYLEN

Director · since 16 mars 2013 · until 15 mars 2019

Ended

Guido VAN EYLEN

Director · since 01 janvier 2007

Ended

Marie-Josée THEYS

Director · since 01 janvier 2007

Ended

Guido VAN EYLEN

Director · since 26 février 2004

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/09/2007
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

2024
Annual accounts 2024-457,8 k €↓
2023
Annual accounts 2023-225,9 k €↓
2022
Annual accounts 2022-126,5 k €↓
2021
Annual accounts 2021-2,1 k €↑
2020
Annual accounts 2020-34,4 k €↓
2019
Annual accounts 201910,1 k €↑
2018
Annual accounts 20184,6 k €↓
2017
Annual accounts 20178,1 k €↓
2016
Annual accounts 201647,5 k €↑
2015
Annual accounts 2015-33,5 k €↓
2014
Annual accounts 2014-13 k €↓
2013
Annual accounts 201321,5 k €↑
2012
Annual accounts 2012-8,4 k €↓
2011
Annual accounts 2011106,5 k €↑
2010
Annual accounts 201058 k €↑
2009
Annual accounts 2009-144,4 k €↓
2008
Annual accounts 200814,9 k €↓
2007
Annual accounts 200731,4 k €↑
2006
Annual accounts 200624,3 k €
29/03/1995
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

LV TECHNICS

Overview

What does LV TECHNICS do?

Trend over 19 financial years

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