ACTIVE

L.T.I.

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Financial year 2025 · Closed on 31/12/2025

Net result56,3 k €+12,0 %over 1 year

Gross margin1,3 M €-2,4 %over 1 year

Equity1,9 M €+26,1 %over 1 year

Workforce17,3 ETP-9,4 %over 1 year

Identity

Source · BCE/KBO

L.T.I. is a Private limited company incorporated in 1998. Its main activity is: Electrical installation. Its registered office is in Ninove. It employs on average 17,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0462.495.802
Incorporation: 22/01/1998
Legal form: Private limited company
Registered office: Leopoldstraat(Oke) 112
9400 Ninove · FlandreSee on map
Contributed capital: 6 197,33 €
Latest accounts: 31/12/2025
Average workforce: 17,3 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories 46742Wholesale of hardware, plumbing and heating equipment and supplies 46842Wholesale trade, except of motor vehicles and motorcycles 51542Air transport

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,3 M €	-2.4%	1,3 M €	-3.9%	1,4 M €	+1.6%	1,3 M €	+17.7%	1,1 M €
EBITDA	441,2 k €	+37.4%	321,2 k €	+89.2%	169,8 k €	-4.1%	177,1 k €	-7.9%	192,3 k €
Operating result	184,4 k €	+32.2%	139,5 k €	+591%	20,2 k €	-26.6%	27,5 k €	-41.0%	46,6 k €
Net result	56,3 k €	+12.0%	50,3 k €	+289%	-26,6 k €	-644%	-3,6 k €	+40.5%	-6 k €
Balance sheet
Equity	1,9 M €	+26.1%	1,5 M €	+3.5%	1,4 M €	-1.9%	1,5 M €	-18.7%	1,8 M €
Total assets	4,6 M €	+5.4%	4,4 M €	-8.6%	4,8 M €	+10.8%	4,3 M €	-7.9%	4,7 M €
Cash	144,6 k €	+3416%	4,1 k €	-96.1%	105,6 k €	+256%	29,7 k €	-68.3%	93,8 k €
Debts	2,6 M €	-5.2%	2,8 M €	-14.0%	3,2 M €	+18.4%	2,7 M €	-1.0%	2,8 M €
Other
Workforce	17,3 ETP	-9.4%	19,1 ETP	-12.4%	21,8 ETP	-5.6%	23,1 ETP	+9.0%	21,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Matilde Van der Maelen

Director · since 01 mai 2024

Active

Viktor Van der Maelen

Director · since 01 mai 2024

Active

MATVIK

Director · since 21 décembre 2023 · 0877.202.672

Represented by Christoph Van Der Maelen

Active

Ended mandates

Wilfried Van Isterdael

Director · since 12 juin 2021

Ended

Lutgart Belsack

Director · since 20 novembre 2019

Ended

Lutgart Belsack

Manager

Ended

Wilfried Van Isterdael

Manager

Ended

Full financial information

Source · NBB

	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	11/06/2026	11/07/2025	09/07/2024	30/06/2023	28/06/2022	25/06/2021
General meeting	06/06/2026	20/06/2025	05/06/2024	28/06/2023	11/06/2022	12/06/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/06/2026	11/06/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	11/07/2025	Dutch	PDF
Abridged model	31/12/2023	05/06/2024	09/07/2024	Dutch	PDF
Abridged model	31/12/2022	28/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	11/06/2022	28/06/2022	Dutch	PDF
Abridged model	31/12/2020	12/06/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	07/06/2020	03/07/2020	Dutch	PDF
Abridged model	31/12/2018	08/06/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	09/06/2018	27/09/2018	Dutch	PDF
Abridged model	31/12/2016	10/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	13/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	30/08/2014	Dutch	PDF
Abridged model	31/12/2012	29/03/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	09/06/2012	31/12/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	30/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	13/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	25/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	30/09/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	25/07/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Matilde Van der Maelen

Director · since 01 mai 2024

Active

Viktor Van der Maelen

Director · since 01 mai 2024

Active

MATVIK

Director · since 21 décembre 2023 · 0877.202.672

Represented by Christoph Van Der Maelen

Active

Ended mandates

Wilfried Van Isterdael

Director · since 12 juin 2021

Ended

Lutgart Belsack

Director · since 20 novembre 2019

Ended

Lutgart Belsack

Manager

Ended

Wilfried Van Isterdael

Manager

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates23/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other15/03/2024
WIJZIGING RECHTSVORM
PDF
Mandates18/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Registered office22/10/2018
MAATSCHAPPELIJKE ZETEL
PDF
Other21/04/2015
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 202556,3 k €↑
2024
Annual accounts 202450,3 k €↑
2023
Annual accounts 2023-26,6 k €↓
2022
Annual accounts 2022-3,6 k €↑
2021
Annual accounts 2021-6 k €↓
2020
Annual accounts 2020119,7 k €↑
2019
Annual accounts 2019113,1 k €↓
2018
Annual accounts 2018702,8 k €↑
2017
Annual accounts 201734,6 k €↓
2016
Annual accounts 2016109,2 k €↓
2015
Annual accounts 2015137,4 k €↓
2014
Annual accounts 2014183,2 k €↑
2013
Annual accounts 201332,6 k €↓
2012
Annual accounts 201258,2 k €↓
2011
Annual accounts 2011127,5 k €↑
2010
Annual accounts 201042,3 k €↑
2009
Annual accounts 200941,6 k €↑
2008
Annual accounts 200823,8 k €↑
2007
Annual accounts 20072,4 k €↓
2006
Annual accounts 200659,1 k €
22/01/1998
IncorporationPrivate limited company

L.T.I.

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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