NORMAL SITUATION

Lumen Technologies Belgium

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Company — Normal situation.

Strike-off: 04 août 2026

Financial year 2025 · Closed on 31/12/2025

Net result428,1 k €-21,3 %over 1 year

Revenue8,2 M €-34,0 %over 1 year

Equity15,1 M €+2,9 %over 1 year

Workforce6,0 ETP-14,3 %over 1 year

Identity

Source · BCE/KBO

Lumen Technologies Belgium is a Public limited company incorporated in 1998. It employs on average 6,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0462.823.523
Incorporation: 05/03/1998
Legal form: Public limited company
Contributed capital: 9 932 041,00 €
Latest accounts: 31/12/2025
Average workforce: 6,0 ETP

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 11 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	8,2 M €	-34.0%	12,5 M €	+12.3%	11,1 M €	+3.3%	10,7 M €	-4.2%	11,2 M €
EBITDA	2,4 M €	-32.3%	3,6 M €	+21.0%	3 M €	-14.9%	3,5 M €	+18.5%	2,9 M €
Operating result	398,7 k €	-18.6%	489,6 k €	-9.9%	543,5 k €	+19.9%	453,4 k €	+95.2%	232,3 k €
Net result	428,1 k €	-21.3%	543,9 k €	-18.6%	668,2 k €	+38.1%	483,7 k €	-34.0%	733,2 k €
Balance sheet
Equity	15,1 M €	+2.9%	14,7 M €	+3.9%	14,1 M €	+5.0%	13,4 M €	+3.7%	13 M €
Total assets	26,5 M €	-7.0%	28,4 M €	+5.6%	26,9 M €	-4.6%	28,2 M €	+28.4%	22 M €
Cash	441,6 k €	-85.7%	3,1 M €		–		–		–
Debts	3,3 M €	-31.1%	4,8 M €	+28.0%	3,7 M €	-48.2%	7,2 M €	+6.7%	6,8 M €
Other
Workforce	6,0 ETP	-14.3%	7,0 ETP	0.0%	7,0 ETP	0.0%	7,0 ETP	+2.9%	6,8 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 21 ended

Active mandates

Arthur Eshuis

Director · since 18 décembre 2023 · until 29 juin 2029

Active

Dirk Slooten

Director · since 31 octobre 2023 · until 29 juin 2029

Active

Floris Veulemans

Director · since 31 octobre 2023 · until 29 juin 2029

Active

Ended mandates

Dirk Slooten

Director · since 01 novembre 2023 · until 30 juin 2029

Ended

Floris Veulemans

Director · since 01 novembre 2023 · until 30 juin 2029

Ended

Salman Agha

Director · since 04 février 2019 · until 31 janvier 2024

Ended

Salman Agha

Director · since 04 février 2019 · until 30 juin 2024

Ended

Full financial information

Source · NBB

	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	23/07/2026	21/01/2026	10/06/2025	19/12/2023	30/09/2022	08/07/2021
General meeting	15/07/2026	20/01/2026	28/05/2025	18/12/2023	30/09/2022	30/06/2021
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
Full model	31/12/2025	15/07/2026	23/07/2026	Dutch	PDF
Full model	31/12/2024	20/01/2026	21/01/2026	Dutch	PDF
Full model	31/12/2023	28/05/2025	10/06/2025	Dutch	PDF
Full model	31/12/2022	18/12/2023	19/12/2023	Dutch	PDF
Full model	31/12/2021	30/09/2022	30/09/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	08/07/2021	French	PDF
Full model	31/12/2019	30/06/2020	06/07/2020	French	PDF
Full model	31/12/2018	28/06/2019	05/07/2019	French	PDF
Full model	31/12/2017	28/06/2018	02/07/2018	French	PDF
Full model	31/12/2016	30/06/2017	30/06/2017	French	PDF
Full model	31/12/2015	30/06/2016	30/06/2016	French	PDF
Full model	31/12/2014	25/08/2015	26/08/2015	French	PDF
Full model	31/12/2013	28/07/2014	29/07/2014	French	PDF
Full model	31/12/2012	28/06/2013	10/07/2013	French	PDF
Full model	31/12/2011	30/07/2012	30/07/2012	French	PDF
Full model	31/12/2010	10/10/2011	24/10/2011	French	PDF
Full model	31/12/2009	29/09/2010	06/10/2010	French	PDF
Full model	31/12/2008	29/09/2009	11/11/2009	French	PDF
Full model	31/12/2007	23/10/2008	30/10/2008	French	PDF
Full model	31/12/2006	30/06/2007	12/07/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 21 ended

Active mandates

Arthur Eshuis

Director · since 18 décembre 2023 · until 29 juin 2029

Active

Dirk Slooten

Director · since 31 octobre 2023 · until 29 juin 2029

Active

Floris Veulemans

Director · since 31 octobre 2023 · until 29 juin 2029

Active

Ended mandates

Dirk Slooten

Director · since 01 novembre 2023 · until 30 juin 2029

Ended

Floris Veulemans

Director · since 01 novembre 2023 · until 30 juin 2029

Ended

Salman Agha

Director · since 04 février 2019 · until 31 janvier 2024

Ended

Salman Agha

Director · since 04 février 2019 · until 30 juin 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Dissolution10/08/2026
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares05/06/2026
KAPITAAL - AANDELEN
PDF
Mandates18/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring19/05/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates13/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/12/2023
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring13/09/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

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

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Timeline

2025
Annual accounts 2025428,1 k €↓
2024
Annual accounts 2024543,9 k €↓
2023
Annual accounts 2023668,2 k €↑
18/12/2023
reconductionArthur Eshuis — bestuurder
18/12/2023
reconductionKPMG Bedrijfsrevisoren BV — commissaris
31/10/2023
nominationFloris Veulemans — bestuurders
31/10/2023
nominationDirk Slooten — bestuurders
2022
Annual accounts 2022483,7 k €↓
2021
Annual accounts 2021733,2 k €↓
2012
Annual accounts 2012791,5 k €↑
2011
Annual accounts 2011633,3 k €↓
2010
Annual accounts 2010971,3 k €↓
2009
Annual accounts 20091,2 M €↓
2008
Annual accounts 20081,5 M €↑
2007
Annual accounts 2007-82,5 k €
05/03/1998
IncorporationPublic limited company

Lumen Technologies Belgium

Overview

Identity

Financials

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