ACTIVE

LEVECO

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Financial year 2025 · closed on 31/12/2025

Net result

6,6 M €

-29.2% YoY

Gross margin

1,7 M €

-3.1% YoY

Equity

55,2 M €

+10.1% YoY

Workforce

7,6 ETP

-5.0% YoY

What does LEVECO do?

LEVECO is a Public limited company incorporated in 1996. Its main activity is: Management consultancy activities. Its registered office is in Kuurne. It employs on average 7,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0457.391.721

Incorporation

29/02/1996

Legal form

Public limited company

Registered office

Noordlaan 4
8520 Kuurne · FlandreSee on map

Contributed capital

6 742 071,55 €

Latest accounts

31/12/2025

Average workforce

7,6 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.64200Activities of holding companies 64210Activities of holding companies+4

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,7 M €	-3.1%	1,7 M €	-3.4%	1,8 M €	+6.7%	1,7 M €	+6.7%	1,6 M €	+13.6%	1,4 M €	+7.9%	1,3 M €	-14.7%	1,5 M €	+162%	577,6 k €	+45.8%	396 k €	+13.1%	350 k €	-0.2%	350,8 k €	+9538%	-3,7 k €	-166%	5,6 k €	-13.0%	6,4 k €	+25.4%	5,1 k €	+60.5%	3,2 k €	-39.9%	5,3 k €
EBITDA	968,8 k €	+1.1%	958 k €	-5.3%	1 M €	+2.2%	989,6 k €	+5.8%	935,5 k €	+15.3%	811,4 k €	+4.1%	779,2 k €	-22.5%	1 M €	+101%	501,1 k €	+28.1%	391,3 k €	+13.8%	343,9 k €	-0.5%	345,6 k €	+4105%	-8,6 k €	-373%	3,2 k €	-18.9%	3,9 k €	+29.6%	3 k €	+167%	1,1 k €	-66.5%	3,4 k €
Operating result	917,9 k €	+0.6%	912,6 k €	-5.9%	969,9 k €	+0.2%	967,9 k €	+4.8%	924 k €	+14.1%	809,7 k €	+4.1%	777,5 k €	-22.5%	1 M €	+111%	475,7 k €	+30.2%	365,3 k €	+14.9%	317,9 k €	-3.5%	329,4 k €	+3917%	-8,6 k €	-373%	3,2 k €	-18.9%	3,9 k €	+29.6%	3 k €	+167%	1,1 k €	-66.5%	3,4 k €
Net result	6,6 M €	-29.2%	9,3 M €	-15.6%	11 M €	+91.9%	5,7 M €	+36.8%	4,2 M €	+15.9%	3,6 M €	-20.5%	4,5 M €	+23.2%	3,7 M €	+123%	1,7 M €	-50.6%	3,3 M €	+142%	1,4 M €	-52.6%	2,9 M €	+93.6%	1,5 M €	+71192%	2,1 k €	+8.7%	1,9 k €	+2241%	82,9 €	+106%	-1,4 k €	-356%	-315 €
Balance sheet
Equity	55,2 M €	+10.1%	50,1 M €	+18.3%	42,4 M €	+28.8%	32,9 M €	+14.7%	28,7 M €	+10.3%	26 M €	+8.8%	23,9 M €	+19.7%	19,9 M €	-13.9%	23,2 M €	+22.3%	18,9 M €	+28.5%	14,7 M €	+13.5%	13 M €	+732%	1,6 M €	+2685%	56 k €	+3.9%	53,9 k €	+3.7%	52 k €	+0.2%	51,9 k €	-2.7%	53,3 k €
Total assets	57,8 M €	+7.5%	53,8 M €	+21.9%	44,1 M €	+27.6%	34,5 M €	+13.6%	30,4 M €	-16.0%	36,2 M €	+24.5%	29,1 M €	+26.0%	23,1 M €	-20.5%	29 M €	+11.2%	26,1 M €	+23.2%	21,2 M €	+9.8%	19,3 M €	+118%	8,9 M €	+3650%	236,2 k €	-0.6%	237,7 k €	+13.8%	208,9 k €	-0.6%	210,1 k €	+12.5%	186,8 k €
Cash	222,8 k €	-93.1%	3,2 M €	-39.9%	5,4 M €	-53.8%	11,6 M €	+18.8%	9,8 M €	-42.0%	16,9 M €	+214%	5,4 M €	+37.9%	3,9 M €	-55.4%	8,8 M €	+78.0%	4,9 M €	+77.4%	2,8 M €	+8742%	31,4 k €	+563%	4,7 k €	+391%	963 €	-61.1%	2,5 k €	+15.8%	2,1 k €	-35.9%	3,3 k €	+92.2%	1,7 k €
Debts	2,6 M €	-28.5%	3,6 M €	+111%	1,7 M €	+3.8%	1,7 M €	-4.8%	1,7 M €	-82.9%	10,2 M €	+96.5%	5,2 M €	+65.9%	3,1 M €	-46.7%	5,9 M €	-17.3%	7,1 M €	+11.4%	6,4 M €	+2.0%	6,3 M €	-13.3%	7,2 M €	+3902%	180,1 k €	-1.9%	183,7 k €	+17.5%	156,3 k €	-1.2%	158,2 k €	+18.8%	133,3 k €
Other
Workforce	7,6 ETP	-5.0%	8,0 ETP	0.0%	8,0 ETP	0.0%	8,0 ETP	0.0%	8,0 ETP	-1.2%	8,1 ETP	+1.2%	8,0 ETP	0.0%	8,0 ETP	+60.0%	5,0 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 · 4 active · 3 ended

Active mandates

Annique Levecque

Managing director

Active

Dominique Levecque

Director

Active

Luc Levecque

Voorzitter raad van bestuur, gedelegeerd bestuurder

Active

Veronique Levecque

Director

Active

Ended mandates

Luc Levecque

Manager

Ended

LUC LEVECQUE

Chairman of the board of directors

Ended

Martine Vereecke

Director

Ended

At this address

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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	22/06/2026	27/06/2025	24/06/2024	27/06/2023	05/10/2022	23/06/2021
General meeting	18/06/2026	19/06/2025	20/06/2024	15/06/2023	16/06/2022	17/06/2021
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

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	18/06/2026	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	19/06/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	24/06/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	27/06/2023	Dutch	PDF
Abridged modelCorrection	31/12/2021	16/06/2022	05/10/2022	Dutch	PDF
Abridged model	31/12/2021	16/06/2022	22/06/2022	Dutch	PDF
Abridged model	31/12/2020	17/06/2021	23/06/2021	Dutch	PDF
Abridged model	31/12/2019	18/06/2020	01/07/2020	Dutch	PDF
Abridged model	31/12/2018	18/02/2019	28/02/2019	Dutch	PDF
Abridged model	31/12/2017	21/06/2018	06/07/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	03/08/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	26/06/2013	Dutch	PDF
Abridged model	31/03/2011	26/08/2011	12/09/2011	Dutch	PDF
Abridged model	31/03/2010	27/08/2010	30/09/2010	Dutch	PDF
Abridged model	31/03/2009	28/08/2009	25/09/2009	Dutch	PDF
Abridged model	31/03/2008	29/08/2008	01/10/2008	Dutch	PDF
Abridged model	31/03/2007	31/08/2007	26/09/2007	Dutch	PDF

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 · 4 active · 3 ended

Active mandates

Annique Levecque

Managing director

Active

Dominique Levecque

Director

Active

Luc Levecque

Voorzitter raad van bestuur, gedelegeerd bestuurder

Active

Veronique Levecque

Director

Active

Ended mandates

Luc Levecque

Manager

Ended

LUC LEVECQUE

Chairman of the board of directors

Ended

Martine Vereecke

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/02/2021
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Capital / shares12/07/2018
DIVERSEN - KAPITAAL - AANDELEN
PDF
Capital / shares04/01/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring24/10/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring12/01/2017
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring09/11/2016
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares17/04/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/01/2013
MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
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 20256,6 M €↓
2024
Annual accounts 20249,3 M €↓
2023
Annual accounts 202311 M €↑
2022
Annual accounts 20225,7 M €↑
2021
Annual accounts 20214,2 M €↑
2020
Annual accounts 20203,6 M €↓
2019
Annual accounts 20194,5 M €↑
2018
Annual accounts 20183,7 M €↑
2016
Annual accounts 20161,7 M €↓
2015
Annual accounts 20153,3 M €↑
2014
Annual accounts 20141,4 M €↓
2013
Annual accounts 20132,9 M €↑
2012
Annual accounts 20121,5 M €↑
2011
Annual accounts 20112,1 k €↑
2010
Annual accounts 20101,9 k €↑
2009
Annual accounts 200982,9 €↑
2008
Annual accounts 2008-1,4 k €↓
2007
Annual accounts 2007-315 €
29/02/1996
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

LEVECO

Overview

What does LEVECO 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