ACTIVE

LARSBY

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Financial year 2025 · closed on 31/12/2025

Net result

435,3 €

-99.9% YoY

Gross margin

-128,5 k €

-152.0% YoY

Equity

9,4 M €

-5.1% YoY

Workforce

0,0 ETP

-100.0% YoY

What does LARSBY do?

LARSBY is a Public limited company incorporated in 1999. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.502.593

Incorporation

09/07/1999

Legal form

Public limited company

Registered office

Rijkelstraat 16
3511 Hasselt · FlandreSee on map

Contributed capital

828 371,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (3)

200
20000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-128,5 k €	-152%	-51 k €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	-132 k €	-104%	-64,6 k €	-174%	-23,5 k €	-129%	81 k €	+126%	35,8 k €	-87.7%	292,1 k €	+50.8%	193,7 k €	-38.6%	315,4 k €	+172%	116 k €	-89.3%	1,1 M €	+288%	278,9 k €	-34.6%	426,7 k €	-19.8%	531,9 k €	-23.7%	697,2 k €	+32.3%	527,1 k €	-14.4%	615,6 k €	-50.3%	1,2 M €	+174%	451,4 k €
Operating result	-137,3 k €	-113%	-64,6 k €	-174%	-23,5 k €	-129%	81 k €	+126%	35,8 k €	-87.7%	290,3 k €	+51.3%	191,8 k €	-38.8%	313,5 k €	+175%	114,1 k €	-89.4%	1,1 M €	+288%	278,7 k €	-34.6%	425,8 k €	-19.8%	531 k €	-23.7%	696,2 k €	+32.3%	526 k €	-14.4%	614,6 k €	-50.3%	1,2 M €	+174%	451,1 k €
Net result	435,3 €	-99.9%	458,7 k €	-89.2%	4,2 M €	+6152%	67,9 k €	+14.4%	59,3 k €	-84.1%	373,5 k €	+53.7%	243 k €	-16.0%	289,2 k €	-29.6%	410,8 k €	-74.0%	1,6 M €	+93.2%	819,2 k €	-46.2%	1,5 M €	+7.2%	1,4 M €	-17.8%	1,7 M €	-26.1%	2,3 M €	+51.5%	1,5 M €	+0.1%	1,5 M €	+94.2%	794 k €
Balance sheet
Equity	9,4 M €	-5.1%	9,9 M €	-0.4%	9,9 M €	-54.3%	21,7 M €	+0.3%	21,6 M €	+11.1%	19,4 M €	+2.0%	19,1 M €	+0.1%	19 M €	+1.5%	18,8 M €	+2.2%	18,3 M €	+9.4%	16,8 M €	-2.2%	17,1 M €	+9.7%	15,6 M €	+10.0%	14,2 M €	+13.8%	12,5 M €	+23.1%	10,1 M €	+18.0%	8,6 M €	+21.9%	7,1 M €
Total assets	9,7 M €	-6.6%	10,4 M €	-0.5%	10,4 M €	-52.2%	21,8 M €	-0.7%	21,9 M €	-8.6%	24 M €	+0.9%	23,8 M €	-1.6%	24,2 M €	+1.6%	23,8 M €	+0.8%	23,6 M €	+6.7%	22,1 M €	-1.4%	22,4 M €	+8.8%	20,6 M €	+7.2%	19,2 M €	+10.1%	17,5 M €	+16.5%	15 M €	+12.9%	13,3 M €	+10.5%	12 M €
Cash	34,4 k €	-81.2%	182,8 k €	-85.1%	1,2 M €	-69.8%	4,1 M €	+108%	2 M €	-68.2%	6,1 M €	+95.9%	3,1 M €	-9.5%	3,5 M €	+45.4%	2,4 M €	-22.2%	3,1 M €	-36.0%	4,8 M €	-12.8%	5,5 M €	+40.3%	3,9 M €	-29.6%	5,6 M €	+157%	2,2 M €	+23109%	9,3 k €	-82.5%	53,2 k €	-97.8%	2,4 M €
Debts	333,1 k €	-35.1%	513,4 k €	-2.0%	524 k €	+260%	145,6 k €	-59.9%	363,4 k €	-92.0%	4,6 M €	-3.2%	4,7 M €	-8.3%	5,1 M €	+1.9%	5 M €	-4.1%	5,3 M €	-1.6%	5,3 M €	+1.1%	5,3 M €	+5.8%	5 M €	-0.6%	5 M €	+0.7%	5 M €	+2.8%	4,9 M €	+3.7%	4,7 M €	-5.6%	5 M €
Other
Workforce	0,0 ETP	-100%	1,5 ETP	-55.9%	3,4 ETP	-15.0%	4,0 ETP	-7.0%	4,3 ETP	-38.6%	7,0 ETP	0.0%	7,0 ETP	0.0%	7,0 ETP	+1.4%	6,9 ETP	-1.4%	7,0 ETP	0.0%	7,0 ETP	+16.7%	6,0 ETP	0.0%	6,0 ETP	0.0%	6,0 ETP	-9.1%	6,6 ETP	-1.5%	6,7 ETP	+26.4%	5,3 ETP	+6.0%	5,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 37 ended

Active mandates

Ann Roosen

Director · since 27 novembre 2023 · until 16 juin 2029

Active

BRISS

Director · since 27 novembre 2023 · until 16 juin 2029 · 0645.758.001

Represented by Max Bijnens

Active

Ended mandates

Ann Roosen

Director · since 27 novembre 2023

Ended

BRISS

Managing director · since 27 novembre 2023 · until 16 juin 2029 · 0645.758.001

Represented by Max BIJNENS

Ended

BRISS

Managing director · since 27 novembre 2023 · 0645.758.001

Represented by Max BIJNENS

Ended

Guy Colson

Director · since 20 avril 2019 · until 20 avril 2023

Ended

At this address

Other companies at this address

Company	CBE no.
BRISS● Active	0645.758.001
BRISSK● Active	0737.890.678

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged 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	28/07/2026	03/07/2025	05/07/2024	15/06/2023	20/10/2022	30/07/2021
General meeting	30/06/2026	14/06/2025	08/06/2024	09/06/2023	17/10/2022	18/06/2021
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	30/06/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	14/06/2025	03/07/2025	Dutch	PDF
Full model	31/12/2023	08/06/2024	05/07/2024	Dutch	PDF
Full model	31/12/2022	09/06/2023	15/06/2023	Dutch	PDF
Full model	31/12/2021	17/10/2022	20/10/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	30/07/2021	Dutch	PDF
Full model	31/12/2019	24/08/2020	26/08/2020	Dutch	PDF
Full model	31/12/2018	02/07/2019	04/07/2019	Dutch	PDF
Full model	31/12/2017	30/06/2018	04/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	18/07/2017	Dutch	PDF
Full model	31/12/2015	18/08/2016	22/08/2016	Dutch	PDF
Full model	31/12/2014	08/07/2015	10/07/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	10/07/2014	Dutch	PDF
Full model	31/12/2012	11/06/2013	27/06/2013	Dutch	PDF
Full model	31/12/2011	28/06/2012	16/07/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	14/07/2011	Dutch	PDF
Full model	31/12/2009	16/06/2010	08/07/2010	Dutch	PDF
Full model	31/12/2008	15/06/2009	17/06/2009	Dutch	PDF
Full model	31/12/2007	28/05/2008	10/06/2008	Dutch	PDF
Full model	31/12/2006	25/06/2007	03/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 active · 37 ended

Active mandates

Ann Roosen

Director · since 27 novembre 2023 · until 16 juin 2029

Active

BRISS

Director · since 27 novembre 2023 · until 16 juin 2029 · 0645.758.001

Represented by Max Bijnens

Active

Ended mandates

Ann Roosen

Director · since 27 novembre 2023

Ended

BRISS

Managing director · since 27 novembre 2023 · until 16 juin 2029 · 0645.758.001

Represented by Max BIJNENS

Ended

BRISS

Managing director · since 27 novembre 2023 · 0645.758.001

Represented by Max BIJNENS

Ended

Guy Colson

Director · since 20 avril 2019 · until 20 avril 2023

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/11/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/08/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates10/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/03/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/11/2013
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

2025
Annual accounts 2025435,3 €↓
2024
Annual accounts 2024458,7 k €↓
2023
Annual accounts 20234,2 M €↑
2022
Annual accounts 202267,9 k €↑
2021
Annual accounts 202159,3 k €↓
2018
Annual accounts 2018373,5 k €↑
2017
Annual accounts 2017243 k €↓
2016
Annual accounts 2016289,2 k €↓
2015
Annual accounts 2015410,8 k €↓
2014
Annual accounts 20141,6 M €↑
2013
Annual accounts 2013819,2 k €↓
2012
Annual accounts 20121,5 M €↑
2011
Annual accounts 20111,4 M €↓
2010
Annual accounts 20101,7 M €↓
2009
Annual accounts 20092,3 M €↑
2008
Annual accounts 20081,5 M €↑
2007
Annual accounts 20071,5 M €↑
2006
Annual accounts 2006794 k €
09/07/1999
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

LARSBY

Overview

What does LARSBY 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