ACTIVE

LCL

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Financial year 2025 · Closed on 31/12/2025

Net result2,4 M €+669,4 %over 1 year

Revenue35,4 M €+42,0 %over 1 year

Equity13,8 M €+25,1 %over 1 year

Workforce43,0 ETP+9,7 %over 1 year

Identity

Source · BCE/KBO

LCL is a Public limited company incorporated in 1996. Its main activity is: Wired telecommunications activities. Its registered office is in Machelen (Brab.). It employs on average 43,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0457.116.458
Incorporation: 26/01/1996
Legal form: Public limited company
Registered office: Kouterveldstraat 13
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital: 5 336 166,00 €
Latest accounts: 31/12/2025
Average workforce: 43,0 ETP

Activities (NACE)

61100Wired telecommunications activities· main 61100Wired telecommunications activities 61200Wireless telecommunications activities 64200Activities of holding companies

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	35,4 M €	+42.0%	24,9 M €	+0.8%	24,8 M €	+90.3%	13 M €		–
EBITDA	16,7 M €	+73.6%	9,6 M €	-7.6%	10,4 M €	+683%	1,3 M €	-60.0%	3,3 M €
Operating result	8,4 M €	+147%	3,4 M €	-29.5%	4,8 M €	+529%	-1,1 M €	-192%	1,2 M €
Net result	2,4 M €	+669%	-427,6 k €	-138%	1,1 M €	+225%	-901,5 k €	-150%	1,8 M €
Balance sheet
Equity	13,8 M €	+25.1%	11 M €	-3.7%	11,5 M €	+53.7%	7,5 M €	-22.9%	9,7 M €
Total assets	205,4 M €	+23.9%	165,8 M €	+34.5%	123,2 M €	+27.8%	96,4 M €	+30.5%	73,8 M €
Cash	6,1 M €	-15.0%	7,2 M €	-36.9%	11,4 M €	+132%	4,9 M €	+81.5%	2,7 M €
Debts	187,4 M €	+23.3%	152 M €	+39.1%	109,3 M €	+26.2%	86,6 M €	+39.5%	62,1 M €
Other
Workforce	43,0 ETP	+9.7%	39,2 ETP	+19.1%	32,9 ETP	+21.9%	27,0 ETP	+1.5%	26,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Béla Waldhauser	Director01/07/2025 → 30/06/2029
TRUE COLORS CONSULTING0847.695.569Represented by Gaëlle Helsmoortel	Director01/07/2025 → 30/06/2029
Danielle Devogelaer	Director01/04/2024 → 31/03/2028
CASSIOPEIA0463.457.882Represented by Els Demeester	Chairman of the board of directors01/11/2023 → 31/10/2027
Ingrid Daerden	Director07/09/2023 → 06/09/2027
DATACLOUD0749.764.963Represented by Laurens van Reijen	Director10/07/2023 → 09/07/2029
Infra4Be Management0697.646.368Represented by André Autrand	Director10/07/2023 → 09/07/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DATAMIX CV0435.067.170Represented by Laurens van Reijen	Managing director08/05/2019 → 2019 accounts
Laurens van Reijen	Director08/05/2019 → 2019 accounts
Floris Vansina	Directorlisted until the 2016 accounts

Other companies at this address

Kouterveldstraat 13 1831 Machelen (Brab.)

Company	CBE no.
LCL ENERGY● Active	0804.546.704
LCL Solar Energy● Active	1013.806.287

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full 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	11/06/2026	15/05/2025	08/05/2024	04/07/2023	15/07/2022	01/07/2021
General meeting	13/05/2026	14/05/2025	08/05/2024	30/06/2023	15/06/2022	02/06/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	13/05/2026	11/06/2026	Dutch	PDF
Consolidated accounts	31/12/2025	13/05/2026	11/06/2026	Dutch	PDF
Full model	31/12/2024	14/05/2025	15/05/2025	Dutch	PDF
Full model	31/12/2023	08/05/2024	08/05/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	04/07/2023	Dutch	PDF
Abridged model	31/12/2021	15/06/2022	15/07/2022	Dutch	PDF
Abridged model	31/12/2020	02/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	03/06/2020	02/07/2020	Dutch	PDF
Abridged model	31/12/2018	29/05/2019	25/06/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	15/05/2017	14/06/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	04/07/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	28/05/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	29/05/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	30/05/2012	12/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	01/07/2011	Dutch	PDF
Abridged model	31/12/2009	09/06/2010	06/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	27/07/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	08/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	31/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

7 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Béla Waldhauser	Director01/07/2025 → 30/06/2029
TRUE COLORS CONSULTING0847.695.569Represented by Gaëlle Helsmoortel	Director01/07/2025 → 30/06/2029
Danielle Devogelaer	Director01/04/2024 → 31/03/2028
CASSIOPEIA0463.457.882Represented by Els Demeester	Chairman of the board of directors01/11/2023 → 31/10/2027
Ingrid Daerden	Director07/09/2023 → 06/09/2027
DATACLOUD0749.764.963Represented by Laurens van Reijen	Director10/07/2023 → 09/07/2029
Infra4Be Management0697.646.368Represented by André Autrand	Director10/07/2023 → 09/07/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DATAMIX CV0435.067.170Represented by Laurens van Reijen	Managing director08/05/2019 → 2019 accounts
Laurens van Reijen	Director08/05/2019 → 2019 accounts
Floris Vansina	Directorlisted until the 2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates07/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other20/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other04/09/2023
DIVERSEN
PDF
Mandates28/08/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2022
ONTSLAGEN - BENOEMINGEN
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

TRUE COLORS CONSULTING

Béla Waldhauser

Danielle Devogelaer

CASSIOPEIA

Ingrid Daerden

Infra4Be Management

DATACLOUD

DATAMIX CV

Laurens van Reijen

Floris Vansina

Els De Cock

1996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

LCLLOW COST LINKING BELGIUM

Kouterveldstraat 13, 1831 Diegem

Director

Chairman of the board of directors

Director

Managing directorDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kouterveldstraat 13, 1831 DiegemCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00166729

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
LCLCurrent	accounts 2016 → 2025	Accounts 2025 · 2026-00166729
LOW COST LINKING BELGIUM	accounts 2007 → 2015	Accounts 2015 · 2016-27700103

Events

2025
Annual accounts 20252,4 M €↑
01/07/2025
nominationGaëlle Helsmoortel · niet-uitvoerend A-Bestuurder
01/07/2025
nominationBéla Waldhauser · niet-uitvoerend A-Bestuurder
14/05/2025
nominationNico Houthaeve · commissaris
2024
Annual accounts 2024-427,6 k €↓
01/04/2024
nominationDanielle Devogelaer · niet-uitvoerend A-Bestuurder
2023
Annual accounts 20231,1 M €↑
01/11/2023
nominationCassiopeia BV · niet-uitvoerend A-Bestuurder en voorzitter van de raad van bestuur
07/09/2023
nominationIngrid Daerden · niet-uitvoerend A-Bestuurder
2022
Annual accounts 2022-901,5 k €↓
15/06/2022
nominationDeloitte Bedrijfsrevisoren BV · commissaris
2021
Annual accounts 20211,8 M €↓
2020
Annual accounts 20202,1 M €↑
2019
Annual accounts 2019628,5 k €↓
2018
Annual accounts 20181,3 M €↑
2017
Annual accounts 20171,2 M €↑
2016
Annual accounts 2016-468,8 k €↓
2016
Name changeLCL
2015
Annual accounts 2015309,1 k €↓
2014
Annual accounts 2014367,8 k €↑
2013
Annual accounts 2013336,8 k €↑
2012
Annual accounts 2012200,8 k €↓
2011
Annual accounts 2011347,6 k €↑
2010
Annual accounts 201088,9 k €↑
2009
Annual accounts 2009-402,7 k €↓
2008
Annual accounts 2008-374,8 k €↓
2007
Annual accounts 2007-67,4 k €
26/01/1996
IncorporationPublic limited company

LCL

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