ACTIVE

LVS

Financial year 2025 · closed on 31/12/2025
Net result
-140,3 k €
-50.6% YoY
Gross margin
-60 k €
-179.9% YoY
Equity
-291 k €
-93.1% YoY

What does LVS do?

LVS is a Public limited company incorporated in 2000. Its main activity is: Plant propagation. Its registered office is in Poperinge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0473.180.846
Incorporation
02/11/2000
Legal form
Public limited company
Registered office
Lokerseweg 43
8970 Poperinge · FlandreSee on map
Contributed capital
4 824 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 144
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-60 k €-21,4 k €-118,1 k €2 M €272,5 k €1,3 M €-126,7 k €-218 k €-299,9 k €-301,2 k €-269,1 k €-308 k €154,3 k €-158,2 k €-110,8 k €-130,6 k €113,2 k €201 k €97,6 k €25,3 k €
EBITDA-67,8 k €-27,5 k €-132,6 k €1,7 M €192,3 k €1,2 M €-314,9 k €-378,5 k €-471,1 k €-459 k €-364,9 k €-455,6 k €-64,5 k €-378,8 k €-289,4 k €-292,9 k €17,6 k €143,2 k €71,8 k €13,3 k €
Operating result-122,1 k €-78 k €-181,9 k €1,7 M €-76 k €944,3 k €-595,7 k €-676,5 k €-786,4 k €-783,9 k €-706,7 k €-814,1 k €-401,3 k €-741 k €-662,9 k €-643,5 k €-146,7 k €20,8 k €15,5 k €-32,9 k €
Net result-140,3 k €-93,2 k €-198,9 k €1,7 M €-92,6 k €924,3 k €-619,3 k €-700,7 k €-827,1 k €-818,8 k €-747,1 k €-858,3 k €-382,6 k €-733,9 k €-705,9 k €-655,3 k €-155,1 k €12 k €567,8 €-51,7 k €
Balance sheet
Equity-291 k €-150,7 k €-57,5 k €-4,6 M €-6,2 M €-6,1 M €-7,1 M €-6,4 M €-5,7 M €-4,9 M €-4,1 M €-3,3 M €-2,5 M €-2,1 M €-1,4 M €-720,1 k €-161,5 k €-6,4 k €-18,4 k €-68,9 k €
Total assets1 M €829,3 k €876,5 k €889,1 k €5,3 M €5,4 M €4,4 M €4,8 M €4,9 M €5,1 M €5,6 M €5,8 M €5,5 M €5,2 M €5,4 M €5,2 M €4,1 M €3,4 M €1 M €746,3 k €
Cash89,3 k €2,8 k €19,1 k €13,4 k €7,7 k €18 k €25,9 k €43,3 k €26,1 k €20,6 k €22,3 k €67,5 k €149,2 k €79,8 k €57,9 k €28,2 k €83,7 k €275,1 k €48,9 k €36,1 k €
Debts1,3 M €980 k €931 k €5,4 M €11,5 M €11,5 M €11,5 M €11,3 M €10,6 M €10 M €9,7 M €9,2 M €8 M €7,3 M €6,8 M €5,7 M €4,1 M €3,4 M €1 M €815,3 k €
Other
Workforce1,2 ETP2,1 ETP2,9 ETP4,9 ETP4,1 ETP5,0 ETP4,9 ETP3,1 ETP4,2 ETP5,5 ETP6,9 ETP5,6 ETP5,3 ETP2,5 ETP1,7 ETP0,9 ETP0,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

Joke Lemenu

Director · since 15 octobre 2024 · until 14 octobre 2030

Active
Ludwig Lemenu

Managing director · since 24 juillet 2023

Active

Ended mandates

Annemie Deconinck

Director · since 24 juillet 2023 · until 15 octobre 2024

Ended
Annemie Deconinck

Director · since 24 juillet 2023

Ended
Ludwig Lemenu

Managing director · since 10 juin 2006 · until 10 juin 2011

Ended
Annemie Deconinck

Director · since 19 janvier 2005 · until 20 juin 2011

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202629/08/202530/08/202431/08/202330/08/202230/08/2021
General meeting24/08/202628/07/202529/07/202424/07/202329/07/202230/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/08/202631/08/2026DutchPDF
Abridged model31/12/202428/07/202529/08/2025DutchPDF
Abridged model31/12/202329/07/202430/08/2024DutchPDF
Abridged model31/12/202224/07/202331/08/2023DutchPDF
Abridged model31/12/202129/07/202230/08/2022DutchPDF
Abridged model31/12/202030/07/202130/08/2021DutchPDF
Abridged model31/12/201931/07/202029/10/2020DutchPDF
Abridged model31/12/201811/06/201926/07/2019DutchPDF
Abridged model31/12/201731/07/201827/08/2018DutchPDF
Abridged model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201526/07/201628/07/2016DutchPDF
Abridged model31/12/201406/07/201529/07/2015DutchPDF
Abridged model31/12/201329/07/201427/08/2014DutchPDF
Abridged model31/12/201201/08/201329/08/2013DutchPDF
Abridged model31/12/201111/06/201224/08/2012DutchPDF
Abridged model31/12/201008/11/201130/11/2011DutchPDF
Abridged model31/12/200927/07/201027/08/2010DutchPDF
Abridged model31/12/200808/06/200909/07/2009DutchPDF
Abridged model31/12/200730/06/200801/07/2008DutchPDF
Abridged model31/12/200623/07/200731/07/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

Joke Lemenu

Director · since 15 octobre 2024 · until 14 octobre 2030

Active
Ludwig Lemenu

Managing director · since 24 juillet 2023

Active

Ended mandates

Annemie Deconinck

Director · since 24 juillet 2023 · until 15 octobre 2024

Ended
Annemie Deconinck

Director · since 24 juillet 2023

Ended
Ludwig Lemenu

Managing director · since 10 juin 2006 · until 10 juin 2011

Ended
Annemie Deconinck

Director · since 19 janvier 2005 · until 20 juin 2011

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2024
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/12/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates15/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/10/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/04/2006
    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

Timeline

  1. 2025
    Annual accounts 2025-140,3 k €
  2. 2024
    Annual accounts 2024-93,2 k €
  3. 2023
    Annual accounts 2023-198,9 k €
  4. 2022
    Annual accounts 20221,7 M €
  5. 2021
    Annual accounts 2021-92,6 k €
  6. 2020
    Annual accounts 2020924,3 k €
  7. 2019
    Annual accounts 2019-619,3 k €
  8. 2018
    Annual accounts 2018-700,7 k €
  9. 2017
    Annual accounts 2017-827,1 k €
  10. 2016
    Annual accounts 2016-818,8 k €
  11. 2015
    Annual accounts 2015-747,1 k €
  12. 2014
    Annual accounts 2014-858,3 k €
  13. 2013
    Annual accounts 2013-382,6 k €
  14. 2012
    Annual accounts 2012-733,9 k €
  15. 2011
    Annual accounts 2011-705,9 k €
  16. 2010
    Annual accounts 2010-655,3 k €
  17. 2009
    Annual accounts 2009-155,1 k €
  18. 2008
    Annual accounts 200812 k €
  19. 2007
    Annual accounts 2007567,8 €
  20. 2006
    Annual accounts 2006-51,7 k €
  21. 02/11/2000
    IncorporationPublic limited company