ACTIVE

LEDCOM

Financial year 2025 · closed on 31/12/2025
Net result
10,5 k €
-31.3% YoY
Gross margin
508,8 k €
+2.7% YoY
Equity
-50,8 k €
+17.2% YoY
Workforce
7,0 ETP
+2.9% YoY

What does LEDCOM do?

LEDCOM is a Public limited company incorporated in 2002. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Liège. It employs on average 7,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0477.570.293
Incorporation
24/05/2002
Legal form
Public limited company
Registered office
Rue des Guillemins 139/9
4000 Liège · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
7,0 ETP
Joint committees (4)
  • 14901
  • 200
  • 2000
  • 218
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin508,8 k €495,6 k €326 k €431 k €349 k €256,1 k €561,4 k €757 k €624,7 k €481,5 k €556,5 k €223 k €137,8 k €36,1 k €28,3 k €-1,2 k €-713 €-322 €-759 €-1,1 k €
EBITDA54,9 k €75,1 k €-90,7 k €-28,7 k €69,5 k €-120,8 k €91,8 k €278 k €261,9 k €155,6 k €353,2 k €139,8 k €96,7 k €33,9 k €24,5 k €-1,2 k €-713 €-748 €-1,3 k €-1,6 k €
Operating result24,9 k €41,3 k €-108,1 k €-65,4 k €22,8 k €-192,4 k €51,3 k €220 k €217,9 k €108,9 k €299,5 k €87,3 k €74,3 k €22,3 k €15,4 k €-1,2 k €-713 €-748 €-4,7 k €-2,7 k €
Net result10,5 k €15,3 k €-113,6 k €-193 k €13 k €-191,8 k €22,6 k €143,4 k €130,8 k €92,4 k €196,9 k €69 k €51,3 k €16,6 k €16 k €-707 €-102 €2,2 k €-4,3 k €-2,4 k €
Balance sheet
Equity-50,8 k €-61,3 k €-76,7 k €36,9 k €229,9 k €216,8 k €408,6 k €386,1 k €282,7 k €251,9 k €259,5 k €162,6 k €143,5 k €102,3 k €85,7 k €69,7 k €70,4 k €70,5 k €68,3 k €16,9 k €
Total assets705,3 k €755,9 k €792,5 k €1,2 M €1,4 M €1,4 M €1,8 M €1,5 M €1,5 M €1,6 M €1,1 M €782,1 k €286,9 k €188,3 k €137,4 k €70,1 k €71 k €71 k €73,6 k €21,1 k €
Cash58,7 k €126,5 k €81,1 k €156,2 k €123,7 k €133,1 k €25,8 k €175,6 k €175 k €236,4 k €145,1 k €226,6 k €60,4 k €36,1 k €6,8 k €69 k €70 k €2,4 k €3,8 k €18,8 k €
Debts756,1 k €809,6 k €865,3 k €1,2 M €1,2 M €1,2 M €1,4 M €1,1 M €1,2 M €1,3 M €870,4 k €619,5 k €143,3 k €86 k €48,7 k €325 €545 €497 €5,3 k €4,2 k €
Other
Workforce7,0 ETP6,8 ETP6,3 ETP7,4 ETP5,5 ETP6,9 ETP7,4 ETP7,1 ETP7,3 ETP6,3 ETP5,6 ETP2,3 ETP1,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 41 ended

Active mandates

Gaëtan THILMANT

Director

Active
GESTBEL

Chairman of the board of directors · 0875.277.223

Represented by Jean-Marie LÉONARD

Active
GESTION LOISIRS

Managing director · 0430.309.618

Represented by Emmanuel MEWISSEN

Active
LE MILLENIUM

Managing director · 0466.121.622

Represented by Yvan LANOTTE

Active
Nicolas LÉONARD

Managing director

Active

Ended mandates

Gaëtan THILMANT

Director · since 16 juin 2025 · until 16 juin 2031

Ended
GESTBEL

Chairman of the board of directors · since 16 juin 2025 · until 16 juin 2031 · 0875.277.223

Represented by Jean-Marie LÉONARD

Ended
GESTION LOISIRS

Managing director · since 16 juin 2025 · until 16 juin 2031 · 0430.309.618

Represented by Emmanuel MEWISSEN

Ended
LE MILLENIUM

Managing director · since 16 juin 2025 · until 16 juin 2031 · 0466.121.622

Represented by Yvan LANOTTE

Ended
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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 date23/07/202615/07/202530/07/202428/07/202330/09/202224/12/2021
General meeting24/06/202616/06/202517/06/202430/06/202330/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/06/202623/07/2026FrenchPDF
Abridged model31/12/202416/06/202515/07/2025FrenchPDF
Abridged model31/12/202317/06/202430/07/2024FrenchPDF
Abridged model31/12/202230/06/202328/07/2023FrenchPDF
Abridged model31/12/202130/06/202230/09/2022FrenchPDF
Abridged model31/12/202011/06/202124/12/2021FrenchPDF
Abridged model31/12/201907/09/202030/12/2020FrenchPDF
Abridged model31/12/201814/06/201930/09/2019FrenchPDF
Abridged model31/12/201708/06/201829/09/2018FrenchPDF
Abridged model31/12/201609/06/201731/08/2017FrenchPDF
Abridged model31/12/201510/06/201630/08/2016FrenchPDF
Abridged model31/12/201412/06/201526/10/2015FrenchPDF
Abridged model31/12/201313/06/201405/08/2014FrenchPDF
Abridged model31/12/201214/06/201327/08/2013FrenchPDF
Abridged model31/12/201108/06/201208/08/2012FrenchPDF
Abridged model31/12/201010/06/201129/08/2011FrenchPDF
Abridged model31/12/200911/06/201005/08/2010FrenchPDF
Abridged model31/12/200812/06/200907/08/2009FrenchPDF
Abridged model31/12/200713/06/200831/07/2008FrenchPDF
Abridged model31/12/200608/06/200718/07/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 5 active · 41 ended

Active mandates

Gaëtan THILMANT

Director

Active
GESTBEL

Chairman of the board of directors · 0875.277.223

Represented by Jean-Marie LÉONARD

Active
GESTION LOISIRS

Managing director · 0430.309.618

Represented by Emmanuel MEWISSEN

Active
LE MILLENIUM

Managing director · 0466.121.622

Represented by Yvan LANOTTE

Active
Nicolas LÉONARD

Managing director

Active

Ended mandates

Gaëtan THILMANT

Director · since 16 juin 2025 · until 16 juin 2031

Ended
GESTBEL

Chairman of the board of directors · since 16 juin 2025 · until 16 juin 2031 · 0875.277.223

Represented by Jean-Marie LÉONARD

Ended
GESTION LOISIRS

Managing director · since 16 juin 2025 · until 16 juin 2031 · 0430.309.618

Represented by Emmanuel MEWISSEN

Ended
LE MILLENIUM

Managing director · since 16 juin 2025 · until 16 juin 2031 · 0466.121.622

Represented by Yvan LANOTTE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/11/2024
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other13/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates20/06/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office16/04/2021
    SIEGE SOCIAL
    PDF
  • Mandates11/12/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office03/05/2019
    SIEGE SOCIAL
    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 202510,5 k €
  2. 2024
    Annual accounts 202415,3 k €
  3. 2023
    Annual accounts 2023-113,6 k €
  4. 2022
    Annual accounts 2022-193 k €
  5. 2021
    Annual accounts 202113 k €
  6. 2020
    Annual accounts 2020-191,8 k €
  7. 2019
    Annual accounts 201922,6 k €
  8. 2018
    Annual accounts 2018143,4 k €
  9. 2017
    Annual accounts 2017130,8 k €
  10. 2016
    Annual accounts 201692,4 k €
  11. 2015
    Annual accounts 2015196,9 k €
  12. 2014
    Annual accounts 201469 k €
  13. 2013
    Annual accounts 201351,3 k €
  14. 2012
    Annual accounts 201216,6 k €
  15. 2011
    Annual accounts 201116 k €
  16. 2010
    Annual accounts 2010-707 €
  17. 2010
    Name changeLedcom
  18. 2009
    Annual accounts 2009-102 €
  19. 2008
    Annual accounts 20082,2 k €
  20. 2007
    Annual accounts 2007-4,3 k €
  21. 2006
    Annual accounts 2006-2,4 k €
  22. 2006
    Name changeETTS
  23. 24/05/2002
    IncorporationPublic limited company