ACTIVE

LPN

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Financial year 2025 · closed on 31/12/2025

Net result

866,9 k €

+355.7% YoY

Gross margin

1,6 M €

+26.2% YoY

Equity

22 k €

-0.1% YoY

Workforce

7,6 ETP

-35.6% YoY

What does LPN do?

LPN is a Private limited company incorporated in 2014. Its registered office is in Westerlo. It employs on average 7,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0552.944.639

Incorporation

22/05/2014

Legal form

Private limited company

Registered office

Heieinde 56
2260 Westerlo · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Average workforce

7,6 ETP

Joint committees (4)

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		2020		2019		2018		2017		2016		2015
Income statement
Gross margin	1,6 M €	+26.2%	1,2 M €	+23.6%	1 M €	-17.7%	1,2 M €	-29.2%	1,7 M €	+30.0%	1,3 M €	+40.4%	943,5 k €	+11.9%	843,4 k €	+73.8%	485,1 k €	+5.4%	460,5 k €	-12.8%	527,9 k €
EBITDA	1,2 M €	+309%	285,2 k €	+267%	77,7 k €	-80.5%	398 k €	-60.7%	1 M €	+41.6%	715,8 k €	+124%	319,8 k €	+34.4%	237,9 k €	+19.9%	198,4 k €	-7.7%	214,8 k €	+17.0%	183,6 k €
Operating result	1,2 M €	+316%	280,1 k €	+288%	72,1 k €	-81.7%	393,5 k €	-61.1%	1 M €	+42.8%	707,5 k €	+128%	310,4 k €	+36.5%	227,4 k €	+20.0%	189,5 k €	-8.8%	207,8 k €	+14.7%	181,2 k €
Net result	866,9 k €	+356%	190,2 k €	+451%	34,5 k €	-87.5%	275,4 k €	-63.0%	744,7 k €	+43.1%	520,4 k €	+149%	208,6 k €	+27.1%	164,1 k €	+34.8%	121,8 k €	-5.3%	128,6 k €	+211%	41,3 k €
Balance sheet
Equity	22 k €	-0.1%	22 k €	-2.6%	22,6 k €	-1.3%	22,9 k €	+4.0%	22 k €	-9.9%	24,4 k €	-39.7%	40,5 k €	+71.9%	23,6 k €	-92.4%	311,6 k €	+64.1%	189,8 k €	+210%	61,3 k €
Total assets	990,7 k €	+50.5%	658,4 k €	+15.1%	572,1 k €	-4.3%	597,6 k €	-47.3%	1,1 M €	+46.5%	774,4 k €	+31.7%	588 k €	+30.5%	450,7 k €	-7.2%	485,8 k €	+36.3%	356,5 k €	+52.2%	234,2 k €
Cash	892,8 k €	+176%	323,7 k €	+14.2%	283,3 k €	+5.7%	268,1 k €	-67.3%	819,8 k €	+67.9%	488,1 k €	+39.7%	349,3 k €	+36.6%	255,6 k €	-25.9%	344,9 k €	+32.0%	261,2 k €	+13.0%	231,1 k €
Debts	968,7 k €	+52.2%	636,4 k €	+15.9%	549 k €	-4.4%	574,4 k €	-48.3%	1,1 M €	+52.2%	730 k €	+38.4%	527,4 k €	+29.6%	407,1 k €	+164%	154,2 k €	-7.5%	166,7 k €	-3.6%	172,9 k €
Other
Workforce	7,6 ETP	-35.6%	11,8 ETP	+3.5%	11,4 ETP	+5.6%	10,8 ETP	+1.9%	10,6 ETP	+12.8%	9,4 ETP	+6.8%	8,8 ETP	-4.3%	9,2 ETP		–		–		3,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

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

Active mandates

Jonel

Director · since 06 décembre 2021 · 0775.399.687

Represented by Erik Geysen

Active

PAUWLUS

Director · since 22 mai 2014 · 0824.860.779

Represented by Nicolas Pauwels

Active

REEUWIJK

Director · since 22 mai 2014 · 0824.860.185

Represented by Pieter Lamote

Active

Ended mandates

Jonel

Director · since 06 décembre 2024 · 0775.399.687

Represented by Erik Geysen

Ended

Nicolas Pauwels

Mandate · since 13 janvier 2016

Ended

Nicolas Pauwels

Director · since 13 janvier 2016

Ended

Nicolas Pauwels

Manager · since 13 janvier 2016

Ended

At this address

Other companies at this address

Company	CBE no.
BATEAU LAMOTE● Active	1006.263.548
Groep ONE● Active	1027.188.329
ONE● Active	1019.844.439
REEUWIJK● Active	0824.860.185

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	09/06/2026	20/06/2025	28/06/2024	27/06/2023	17/06/2022	25/06/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	09/06/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	20/06/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	17/06/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	30/07/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	28/06/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	31/07/2018	Dutch	PDF
Micro model	31/12/2016	02/06/2017	23/08/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	01/07/2016	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 12 ended

Active mandates

Jonel

Director · since 06 décembre 2021 · 0775.399.687

Represented by Erik Geysen

Active

PAUWLUS

Director · since 22 mai 2014 · 0824.860.779

Represented by Nicolas Pauwels

Active

REEUWIJK

Director · since 22 mai 2014 · 0824.860.185

Represented by Pieter Lamote

Active

Ended mandates

Jonel

Director · since 06 décembre 2024 · 0775.399.687

Represented by Erik Geysen

Ended

Nicolas Pauwels

Mandate · since 13 janvier 2016

Ended

Nicolas Pauwels

Director · since 13 janvier 2016

Ended

Nicolas Pauwels

Manager · since 13 janvier 2016

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/12/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/06/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates27/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other24/05/2017
DIVERSEN
PDF
Mandates02/02/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other05/06/2014
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 2025866,9 k €↑
2024
Annual accounts 2024190,2 k €↑
2023
Annual accounts 202334,5 k €↓
2022
Annual accounts 2022275,4 k €↓
2021
Annual accounts 2021744,7 k €↑
2020
Annual accounts 2020520,4 k €↑
2019
Annual accounts 2019208,6 k €↑
2018
Annual accounts 2018164,1 k €↑
2017
Annual accounts 2017121,8 k €↓
2016
Annual accounts 2016128,6 k €↑
2015
Annual accounts 201541,3 k €
22/05/2014
IncorporationPrivate 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

LPN

Overview

What does LPN 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