ACTIVE

LUCHTHAVENONTWIKKELINGSMAATSCHAPPIJ VLAANDEREN

Financial year 2024 · Closed on 31/12/2024

Net result1,1 k €+100,5 %over 1 year

Revenue2 M €+66,6 %over 1 year

Equity43,4 M €+7,3 %over 1 year

Identity

Source · BCE/KBO

LUCHTHAVENONTWIKKELINGSMAATSCHAPPIJ VLAANDEREN is a Public limited company incorporated in 2014. Its main activity is: Management of real estate on a fee or contract basis. Its registered office is in Bruxelles.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0553.678.968
Incorporation: 06/06/2014
Legal form: Public limited company
Registered office: Boulevard Simon Bolivar 17
1000 Bruxelles · BruxellesSee on map
Contributed capital: 11 999 340,00 €
Latest accounts: 31/12/2024

Activities (NACE)

68321Management of real estate on a fee or contract basis· main 68322Management of real estate on a fee or contract basis

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 15 filings

Trend over 10 financial years

	2024		2023		2022		2021		2020
Income statement
Revenue	2 M €	+66.6%	1,2 M €	+1.6%	1,2 M €	+30.2%	914 k €	+205%	300,1 k €
EBITDA	1,6 M €	+92.2%	815,5 k €	+6.8%	763,6 k €	+6.9%	714,4 k €	+198%	239,6 k €
Operating result	-1,4 M €	-23.8%	-1,2 M €	-42.3%	-817,9 k €	+45.6%	-1,5 M €	-5284%	-27,9 k €
Net result	1,1 k €	+100%	-230 k €	-32.8%	-173,2 k €	+84.2%	-1,1 M €	-848%	146,5 k €
Balance sheet
Equity	43,4 M €	+7.3%	40,4 M €	+8.5%	37,3 M €	+33.0%	28 M €	+284%	7,3 M €
Total assets	77,4 M €	+59.6%	48,5 M €	+4.3%	46,5 M €	+12.7%	41,3 M €	+151%	16,5 M €
Cash	1,8 M €	+199%	605,7 k €	+34153%	1,8 k €		–		–
Debts	32,3 M €	+412%	6,3 M €	-14.8%	7,4 M €	+95.9%	3,8 M €	+2876%	126,8 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

16 active · 45 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Filip Boelaert	Managing director	04/04/2025 → 04/04/2030	00
Karel Labens	Director	04/04/2025 → 04/04/2030	00
Minou Esquenet	Vice-chairman of the board of directors	04/04/2025 → 04/04/2030	00
Pim Verbunt	Government commissioner	04/04/2025 → 04/04/2030
Shirley Pauwels	Director	04/04/2025 → 04/04/2030	000
Sven Vlietinck	Chairman of the board of directors	04/04/2025 → 04/04/2030	00
Thomas Van Herbruggen	Government commissioner	04/04/2025 → 04/04/2030	000
Didier De Blauwe	Government commissioner	07/09/2023 → 04/04/2025
Cyriac Borloo	Director	25/03/2022 → 25/03/2027	000
Emmanuel Van Damme	Director	25/03/2022 → 25/03/2027	00
Maarten Van Onckelen	Government commissioner	25/03/2022 → 04/04/2025	00
Veroniek De Mulder	Director	25/03/2022 → 25/03/2027	0
Bruno De Saegher	Chairman of the board of directors	24/09/2021 → 17/09/2024	00
Lieven Cobbaert	Director	24/09/2021 → 04/04/2025	000
Nathalie Heremans	Director	24/09/2021 → 04/04/2025	0
Trees Vuylsteke	Director	24/09/2021 → 04/04/2025	000

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Cyriac Borloo	Director	25/03/2022 → 23/09/2026	000
Emmanuel Van Damme	Director	25/03/2022 → 23/09/2026	00
Veroniek De Mulder	Director	25/03/2022 → 23/09/2026	0
Alexandra D'Archambeau	Government commissioner	24/09/2021 → 23/09/2026	000

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Boulevard Simon Bolivar 17 1000 Bruxelles

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Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2025	11/10/2024	10/07/2023	30/03/2023	17/06/2021	03/07/2020
General meeting	18/06/2025	19/06/2024	21/06/2023	15/06/2022	19/05/2021	17/06/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	18/06/2025	30/06/2025	Dutch	PDF
Full modelCorrection	31/12/2023	19/06/2024	11/10/2024	Dutch	PDF
Full model	31/12/2023	19/06/2024	06/08/2024	Dutch	PDF
Full model	31/12/2022	21/06/2023	10/07/2023	Dutch	PDF
Full modelCorrection	31/12/2021	15/06/2022	30/05/2023	Dutch	PDF
Full modelCorrection	31/12/2021	15/06/2022	30/03/2023	Dutch	PDF
Full model	31/12/2021	15/06/2022	15/07/2022	Dutch	PDF
Full model	31/12/2020	19/05/2021	17/06/2021	Dutch	PDF
Full model	31/12/2019	17/06/2020	03/07/2020	Dutch	PDF
Full model	31/12/2018	19/06/2019	24/07/2019	Dutch	PDF
Full model	31/12/2017	11/06/2018	22/06/2018	Dutch	PDF
Full model	31/12/2016	07/06/2017	29/06/2017	Dutch	PDF
Full model	31/12/2015	22/06/2016	23/08/2016	Dutch	PDF
Full modelCorrection	31/12/2014	29/06/2015	10/12/2015	Dutch	PDF
Full model	31/12/2014	29/06/2015	26/08/2015	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

16 active · 45 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Filip Boelaert	Managing director	04/04/2025 → 04/04/2030	00
Karel Labens	Director	04/04/2025 → 04/04/2030	00
Minou Esquenet	Vice-chairman of the board of directors	04/04/2025 → 04/04/2030	00
Pim Verbunt	Government commissioner	04/04/2025 → 04/04/2030
Shirley Pauwels	Director	04/04/2025 → 04/04/2030	000
Sven Vlietinck	Chairman of the board of directors	04/04/2025 → 04/04/2030	00
Thomas Van Herbruggen	Government commissioner	04/04/2025 → 04/04/2030	000
Didier De Blauwe	Government commissioner	07/09/2023 → 04/04/2025
Cyriac Borloo	Director	25/03/2022 → 25/03/2027	000
Emmanuel Van Damme	Director	25/03/2022 → 25/03/2027	00
Maarten Van Onckelen	Government commissioner	25/03/2022 → 04/04/2025	00
Veroniek De Mulder	Director	25/03/2022 → 25/03/2027	0
Bruno De Saegher	Chairman of the board of directors	24/09/2021 → 17/09/2024	00
Lieven Cobbaert	Director	24/09/2021 → 04/04/2025	000
Nathalie Heremans	Director	24/09/2021 → 04/04/2025	0
Trees Vuylsteke	Director	24/09/2021 → 04/04/2025	000

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Cyriac Borloo	Director	25/03/2022 → 23/09/2026	000
Emmanuel Van Damme	Director	25/03/2022 → 23/09/2026	00
Veroniek De Mulder	Director	25/03/2022 → 23/09/2026	0
Alexandra D'Archambeau	Government commissioner	24/09/2021 → 23/09/2026	000

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/02/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring29/10/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN - BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

04/04/2025
nominationSven Vlietinck · Voorzitter van de Raad van bestuur
04/04/2025
nominationShirley Pauwels · Bestuurder
04/04/2025
nominationKarel Labens · Bestuurder
04/04/2025
nominationMinou Esquenet · Ondervoorzitter van de Raad van bestuur
04/04/2025
nominationFilip Boelaert · Gedelegeerd bestuurder
04/04/2025
nominationThomas Van Herbrugghen · regeringscommissaris
04/04/2025
nominationPim Berbunt · regeringscommissaris
2024
Annual accounts 20241,1 k €↑
2023
Annual accounts 2023-230 k €↓
2022
Annual accounts 2022-173,2 k €↑
30/11/2022
nominationBart Roose · commissaris
25/03/2022
nominationVeroniek De Mulder · onafhankelijke bestuurders
25/03/2022
nominationEmmanuel Van Damme · onafhankelijke bestuurders
25/03/2022
nominationCyriac Borloo · onafhankelijke bestuurders
2021
Annual accounts 2021-1,1 M €↓
2021
Name changeLuchthaven ontwikkelingsmaatschappij Vlaanderen
2020
Annual accounts 2020146,5 k €↑
2019
Annual accounts 201964,3 k €↓
2018
Annual accounts 2018257 k €↑
2017
Annual accounts 201723,9 k €↑
2016
Annual accounts 2016-34,2 k €↑
2015
Annual accounts 2015-47,9 k €
06/06/2014
IncorporationPublic limited company

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boulevard Simon Bolivar 17, 1000 BrusselsCurrent	accounts 2024 · CBE, tracked since 27/09/2026	Accounts 2024 · 2025-00207594
Koning Albert II- Laan 20 bte 2, 1000 Brussels	accounts 2021 → 2023	Accounts 2023 · 2024-00505550

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
LUCHTHAVENONTWIKKELINGSMAATSCHAPPIJ VLAANDERENCurrent	CBE, tracked since 27/09/2026	CBE
Luchthaven ontwikkelingsmaatschappij Vlaanderen	accounts 2021 → 2024	Accounts 2024 · 2025-00207594
LUCHTHAVENONTWIKKELINGSMAATSCHAPPIJ ANTWERPEN	accounts 2015 → 2020	Accounts 2020 · 2021-21600422

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.

LUCHTHAVENONTWIKKELINGSMAATSCHAPPIJ VLAANDEREN

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names