ACTIVE

LISAM SYSTEMS

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Financial year 2025 · closed on 31/12/2025

Net result

2,8 M €

+53.9% YoY

Revenue

21,2 M €

+13.1% YoY

Equity

146,5 M €

+0.4% YoY

Workforce

85,3 ETP

+7.4% YoY

What does LISAM SYSTEMS do?

LISAM SYSTEMS is a Public limited company incorporated in 1999. Its registered office is in Ecaussinnes. It employs on average 85,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.618.795

Incorporation

02/08/1999

Legal form

Public limited company

Registered office

Boulevard de la Sennette 42 box A
7190 Ecaussinnes · WallonieSee on map

Contributed capital

3 074 999,99 €

Latest accounts

31/12/2025

Average workforce

85,3 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	21,2 M €	+13.1%	18,7 M €	+24.2%	15,1 M €	+14.8%	13,1 M €	+22.1%	10,7 M €	+11.2%	9,7 M €	+10.2%	8,8 M €		–		6,5 M €	+16.2%	5,6 M €	-2.7%	5,8 M €	+24.8%	4,6 M €	+14.8%	4 M €	+9.4%	3,7 M €	+4.3%	3,5 M €	+6.6%	3,3 M €	+43.6%	2,3 M €	+7.1%	2,2 M €	+36.2%	1,6 M €	+35.2%	1,2 M €
EBITDA	6,1 M €	+42.3%	4,3 M €	+10.3%	3,9 M €	+2.7%	3,8 M €	+21.1%	3,1 M €	-8.4%	3,4 M €	+35.1%	2,5 M €	+85.5%	1,4 M €	+146%	551,2 k €	+138%	231,9 k €	-36.0%	362,4 k €	-10.5%	405 k €	-27.1%	555,4 k €	-23.0%	721,3 k €	+4.6%	689,9 k €	-6.1%	735,1 k €	+753%	86,2 k €	-73.4%	323,7 k €	+283%	84,5 k €	-48.7%	164,6 k €
Operating result	2,3 M €	+118%	1,1 M €	-38.4%	1,7 M €	-18.3%	2,1 M €	+13.8%	1,9 M €	-26.6%	2,5 M €	+18.9%	2,1 M €	+86.5%	1,1 M €	+240%	338,2 k €	+2202%	14,7 k €	-91.7%	177,9 k €	+159%	68,7 k €	-28.8%	96,6 k €	+56.9%	61,6 k €	-61.6%	160,2 k €	-49.3%	316 k €	+1754%	17 k €	-87.2%	133,6 k €	+433%	-40,2 k €	-297%	20,3 k €
Net result	2,8 M €	+53.9%	1,8 M €	-36.1%	2,8 M €	+11.5%	2,5 M €	-1.9%	2,6 M €	+10.4%	2,3 M €	+10.5%	2,1 M €	+102%	1 M €	+292%	268 k €	+1688%	15 k €	-65.8%	43,9 k €	+362%	9,5 k €	+309%	2,3 k €	-74.3%	9 k €	-91.8%	109,7 k €	-50.8%	223 k €	+803%	24,7 k €	-81.3%	132 k €	+835%	-18 k €	-196%	18,7 k €
Balance sheet
Equity	146,5 M €	+0.4%	146 M €	+5.3%	138,7 M €	+262%	38,3 M €	+45.3%	26,4 M €	+31.1%	20,1 M €	+68.4%	12 M €	+98.9%	6 M €	+14.7%	5,2 M €	+5.4%	5 M €	+86.9%	2,7 M €	+193%	907 k €	+0.4%	903,6 k €	-0.4%	907,3 k €	+1.7%	891,8 k €	+53.2%	582,1 k €	+62.1%	359,1 k €	+5.7%	339,7 k €	+218%	-286,9 k €	-2.6%	-279,6 k €
Total assets	170 M €	+0.5%	169,1 M €	+7.7%	157,1 M €	+196%	53,1 M €	+31.8%	40,3 M €	+40.7%	28,6 M €	+38.2%	20,7 M €	+52.2%	13,6 M €	+13.4%	12 M €	+12.9%	10,6 M €	+51.6%	7 M €	+65.8%	4,2 M €	+1.3%	4,2 M €	+13.2%	3,7 M €	+1.8%	3,6 M €	+13.5%	3,2 M €	+30.3%	2,4 M €	+58.1%	1,5 M €	+45.8%	1,1 M €	+43.7%	738,9 k €
Cash	339,8 k €	-38.4%	551,4 k €	+2.6%	537,6 k €	+110%	256,1 k €	-54.3%	560,9 k €	-22.8%	726,6 k €	+839%	77,3 k €	-38.3%	125,3 k €	-91.6%	1,5 M €	+271%	401,8 k €	+17.5%	341,8 k €	+307%	84,1 k €	-27.4%	115,8 k €	-11.3%	130,5 k €	+1.2%	129,1 k €	+558%	19,6 k €	-26.2%	26,6 k €	-90.4%	275,7 k €	+305%	68 k €	+2083%	3,1 k €
Debts	23,3 M €	+0.6%	23,1 M €	+25.8%	18,4 M €	+24.7%	14,7 M €	+6.7%	13,8 M €	+63.6%	8,4 M €	-2.5%	8,7 M €	+16.5%	7,4 M €	+12.9%	6,6 M €	+29.8%	5,1 M €	+36.4%	3,7 M €	+19.5%	3,1 M €	+0.1%	3,1 M €	+13.5%	2,7 M €	+5.2%	2,6 M €	+2.1%	2,5 M €	+25.5%	2 M €	+70.9%	1,2 M €	-10.0%	1,3 M €	+29.9%	1 M €
Other
Workforce	85,3 ETP	+7.4%	79,4 ETP	+7.4%	73,9 ETP	+22.6%	60,3 ETP	+6.9%	56,4 ETP	+12.8%	50,0 ETP	+16.6%	42,9 ETP	+19.5%	35,9 ETP	+22.5%	29,3 ETP	+3.2%	28,4 ETP	+2.5%	27,7 ETP	+26.5%	21,9 ETP	+2.8%	21,3 ETP	+3.4%	20,6 ETP	+19.8%	17,2 ETP	+28.4%	13,4 ETP	+67.5%	8,0 ETP	+9.6%	7,3 ETP	+4.3%	7,0 ETP	+12.9%	6,2 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 · 17 ended

Active mandates

Elodie HEMBERG

Director · since 03 novembre 2021 · until 02 novembre 2027

Active

IT - SPIN OFF

Managing director · since 03 novembre 2021 · until 02 novembre 2027 · 0466.573.562

Represented by Michel HEMBERG

Active

Pol-Henry BONTE

Director · since 03 novembre 2021 · until 02 novembre 2027

Active

Thierry LEVINTOFF

Director · since 03 novembre 2021 · until 02 novembre 2027

Active

Ended mandates

Elodie HEMBERG

Director · since 25 janvier 2019 · until 25 janvier 2025

Ended

Michel HEMBERG

Director · since 25 janvier 2019 · until 25 janvier 2025

Ended

Pol-Henry BONTE

Director · since 25 janvier 2019 · until 25 janvier 2025

Ended

Thierry LEVINTOFF

Director · since 25 janvier 2019 · until 25 janvier 2025

Ended

At this address

Other companies at this address

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WalWeb Home & Garden● Active	0453.507.464

Annual accounts

Full financial information

	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	01/07/2026	30/06/2025	28/10/2024	28/08/2023	27/09/2022	01/07/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	23/08/2023	23/09/2022	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

Ratios

Financial ratios

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Filings

Annual accounts filings

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	01/07/2026	French	PDF
Full model	31/12/2024	27/06/2025	30/06/2025	French	PDF
Full modelCorrection	31/12/2023	28/06/2024	28/10/2024	French	PDF
Full model	31/12/2023	28/06/2024	12/07/2024	French	PDF
Full model	31/12/2022	23/08/2023	28/08/2023	French	PDF
Full modelCorrection	31/12/2021	23/09/2022	27/09/2022	French	PDF
Full model	31/12/2021	15/06/2022	30/08/2022	French	PDF
Full model	31/12/2020	30/06/2021	01/07/2021	French	PDF
Full model	31/12/2019	24/07/2020	28/07/2020	French	PDF
Abridged model	31/12/2018	07/06/2019	19/06/2019	French	PDF
Abridged model	31/12/2017	09/05/2018	07/06/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	07/06/2017	French	PDF
Abridged model	31/12/2015	13/05/2016	26/05/2016	French	PDF
Abridged model	31/12/2014	13/05/2015	28/07/2015	French	PDF
Abridged model	31/12/2013	14/05/2014	26/06/2014	French	PDF
Abridged model	31/12/2012	08/05/2013	21/06/2013	French	PDF
Abridged model	31/12/2011	21/06/2012	03/07/2012	French	PDF
Abridged model	31/12/2010	11/05/2011	08/07/2011	French	PDF
Abridged model	31/12/2009	25/06/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	13/05/2009	09/07/2009	French	PDF
Abridged model	31/12/2007	14/05/2008	10/09/2008	French	PDF
Abridged modelCorrection	31/12/2006	09/05/2007	19/11/2007	French	PDF
Abridged model	31/12/2006	09/05/2007	28/08/2007	French	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 · 17 ended

Active mandates

Elodie HEMBERG

Director · since 03 novembre 2021 · until 02 novembre 2027

Active

IT - SPIN OFF

Managing director · since 03 novembre 2021 · until 02 novembre 2027 · 0466.573.562

Represented by Michel HEMBERG

Active

Pol-Henry BONTE

Director · since 03 novembre 2021 · until 02 novembre 2027

Active

Thierry LEVINTOFF

Director · since 03 novembre 2021 · until 02 novembre 2027

Active

Ended mandates

Elodie HEMBERG

Director · since 25 janvier 2019 · until 25 janvier 2025

Ended

Michel HEMBERG

Director · since 25 janvier 2019 · until 25 janvier 2025

Ended

Pol-Henry BONTE

Director · since 25 janvier 2019 · until 25 janvier 2025

Ended

Thierry LEVINTOFF

Director · since 25 janvier 2019 · until 25 janvier 2025

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/10/2024
DEMISSIONS, NOMINATIONS
PDF
Restructuring06/02/2024
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Other16/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Restructuring03/11/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates03/06/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates03/12/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates21/05/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates31/01/2019
DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
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 20252,8 M €↑
2024
Annual accounts 20241,8 M €↓
06/09/2024
nominationEY Réviseurs d'Entreprises SRL — commissaire
2023
Annual accounts 20232,8 M €↑
2022
Annual accounts 20222,5 M €↓
2021
Annual accounts 20212,6 M €↑
2020
Annual accounts 20202,3 M €↑
2019
Annual accounts 20192,1 M €↑
2018
Annual accounts 20181 M €↑
2017
Annual accounts 2017268 k €↑
2016
Annual accounts 201615 k €↓
2015
Annual accounts 201543,9 k €↑
2014
Annual accounts 20149,5 k €↑
2013
Annual accounts 20132,3 k €↓
2012
Annual accounts 20129 k €↓
2011
Annual accounts 2011109,7 k €↓
2010
Annual accounts 2010223 k €↑
2009
Annual accounts 200924,7 k €↓
2008
Annual accounts 2008132 k €↑
2007
Annual accounts 2007-18 k €↓
2006
Annual accounts 200618,7 k €
02/08/1999
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

LISAM SYSTEMS

Overview

What does LISAM SYSTEMS do?

Trend over 20 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