ACTIVE

LM ENGINEERING

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Financial year 2025 · closed on 31/12/2025

Net result

370,1 k €

+24.6% YoY

Gross margin

2,8 M €

+2.1% YoY

Equity

435,7 k €

+564.5% YoY

Workforce

29,8 ETP

-7.7% YoY

What does LM ENGINEERING do?

LM ENGINEERING is a Private limited company incorporated in 2014. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Kortrijk. It employs on average 29,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0543.969.466

Incorporation

09/01/2014

Legal form

Private limited company

Registered office

Evolis(Kor) 11
8500 Kortrijk · FlandreSee on map

Contributed capital

25 000,00 €

Latest accounts

31/12/2025

Average workforce

29,8 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 25510Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25610Treatment and coating of metals 25620Machining+6

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014
Income statement
Gross margin	2,8 M €	+2.1%	2,7 M €	+10.6%	2,5 M €	+93.1%	1,3 M €	+121%	576,9 k €	+573%	85,7 k €	-6.4%	91,6 k €	+20.7%	75,9 k €	+336%	17,4 k €	-57.3%	40,8 k €	+678%	5,2 k €
EBITDA	725,5 k €	+15.4%	628,9 k €	+35.2%	465,1 k €	+324%	109,7 k €	+6.9%	102,6 k €	+23.9%	82,8 k €	-6.8%	88,9 k €	+25.1%	71 k €	+376%	14,9 k €	-62.4%	39,7 k €	+1128%	-3,9 k €
Operating result	639,2 k €	+22.0%	523,9 k €	+42.6%	367,5 k €	+692%	46,4 k €	+63.8%	28,3 k €	-30.2%	40,6 k €	+8.6%	37,4 k €	+203%	12,4 k €	+674%	1,6 k €	-94.1%	27,2 k €	+265%	-16,5 k €
Net result	370,1 k €	+24.6%	297,1 k €	+40.6%	211,2 k €	+1585%	12,5 k €	+203%	4,1 k €	-83.5%	25,1 k €	+2.6%	24,4 k €	+319%	5,8 k €	+1680%	327 €	-98.6%	23,1 k €	+236%	-17 k €
Balance sheet
Equity	435,7 k €	+565%	65,6 k €	+12.1%	58,5 k €	-32.6%	86,7 k €	-11.7%	98,2 k €	+32.3%	74,2 k €	+48.5%	50 k €	+33.9%	37,3 k €	+18.5%	31,5 k €	+1.0%	31,2 k €	+289%	8 k €
Total assets	2,3 M €	+31.7%	1,8 M €	+16.0%	1,5 M €	+54.7%	989,8 k €	+34.9%	733,5 k €	+133%	315,3 k €	-4.5%	330 k €	+5.0%	314,2 k €	+226%	96,3 k €	+7.8%	89,3 k €	+59.9%	55,8 k €
Cash	182,5 k €	-10.5%	203,8 k €	+17.5%	173,5 k €	+73.0%	100,3 k €	-24.9%	133,5 k €	+349%	29,7 k €	+14.8%	25,9 k €	+59.2%	16,3 k €	-11.9%	18,5 k €	+15.0%	16,1 k €	+824%	1,7 k €
Debts	1,9 M €	+11.3%	1,7 M €	+16.2%	1,5 M €	+63.1%	903,1 k €	+42.6%	633,5 k €	+165%	239,4 k €	-14.0%	278,4 k €	+1.1%	275,3 k €	+335%	63,3 k €	+12.0%	56,5 k €	+22.2%	46,2 k €
Other
Workforce	29,8 ETP	-7.7%	32,3 ETP	+6.2%	30,4 ETP		–		–		–		–		–		–		–		0,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 5 ended

Active mandates

JULOMAR

Director · since 24 février 2026 · 1025.705.318

Represented by Luigi Meersman

Active

WENTER

Director · since 24 février 2026 · 0822.761.126

Represented by Wim Slee

Active

Luigi Meersman

Director · since 09 janvier 2014 · until 24 février 2026

Active

Ended mandates

Luigi Meersman

Director · since 09 janvier 2014

Ended

Luigi Meersman

Director · since 08 janvier 2014

Ended

Luïgi Meersman

Manager · since 08 janvier 2014

Ended

Luïgi Meersman

Director

Ended

At this address

Other companies at this address

Company	CBE no.
EMICAP● Active	0805.135.038

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro 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	30/06/2026	23/06/2025	10/06/2024	23/06/2023	08/06/2022	30/06/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
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

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	23/06/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	10/06/2024	Dutch	PDF
Micro model	31/12/2022	05/06/2023	23/06/2023	Dutch	PDF
Micro model	31/12/2021	07/06/2022	08/06/2022	Dutch	PDF
Micro model	31/12/2020	07/06/2021	30/06/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	23/07/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	04/07/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	11/06/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	08/06/2015	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 3 active · 5 ended

Active mandates

JULOMAR

Director · since 24 février 2026 · 1025.705.318

Represented by Luigi Meersman

Active

WENTER

Director · since 24 février 2026 · 0822.761.126

Represented by Wim Slee

Active

Luigi Meersman

Director · since 09 janvier 2014 · until 24 février 2026

Active

Ended mandates

Luigi Meersman

Director · since 09 janvier 2014

Ended

Luigi Meersman

Director · since 08 janvier 2014

Ended

Luïgi Meersman

Manager · since 08 janvier 2014

Ended

Luïgi Meersman

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/12/2022
BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Registered office05/04/2017
MAATSCHAPPELIJKE ZETEL
PDF
Other13/01/2014
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025370,1 k €↑
2024
Annual accounts 2024297,1 k €↑
2023
Annual accounts 2023211,2 k €↑
2022
Annual accounts 202212,5 k €↑
2022
Name changeLM ENGINEERING
2021
Annual accounts 20214,1 k €↓
2019
Annual accounts 201925,1 k €↑
2018
Annual accounts 201824,4 k €↑
2017
Annual accounts 20175,8 k €↑
2016
Annual accounts 2016327 €↓
2015
Annual accounts 201523,1 k €↑
2014
Annual accounts 2014-17 k €
09/01/2014
IncorporationPrivate limited company
2014
Name changeLuigi Meersman

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

LM ENGINEERING

Overview

What does LM ENGINEERING do?

Trend over 11 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