ACTIVE

Local Energy Saving Solutions 1

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Financial year 2025 · Closed on 30/06/2025

Net result151 k €+203,5 %over 1 year
Gross margin397,6 k €+25,4 %over 1 year
Equity312 k €-16,4 %over 1 year

Identity

Source · BCE/KBO

Local Energy Saving Solutions 1 is a Public limited company incorporated in 2014. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0560.884.781
Incorporation
02/09/2014
Legal form
Public limited company
Registered office
Nieuwewandeling 62 box 18
9000 Gent · FlandreSee on map
Contributed capital
300 000,00 €
Latest accounts
30/06/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 10 filings

Trend over 8 financial years

20252024202320222019
Income statement
Gross margin397,6 k €317 k €314,1 k €316,7 k €345,3 k €
EBITDA396,4 k €315,8 k €313,1 k €315,7 k €344,3 k €
Operating result161,4 k €56 k €53,2 k €55,8 k €84 k €
Net result151 k €49,7 k €41 k €37,7 k €44,8 k €
Balance sheet
Equity312 k €373,4 k €328 k €291,5 k €209,1 k €
Total assets586 k €745,9 k €881,4 k €1,1 M €1,9 M €
Cash301,6 k €211 k €142,3 k €168,3 k €160 k €
Debts273,7 k €370 k €549,4 k €834,2 k €1,7 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 7 ended

Active mandates

Participatiemaatschappij Vlaanderen

Director · since 09 novembre 2021 · until 08 novembre 2027 · 0455.777.660

Represented by Tom MORTIER

Active
Piet Colruyt

Director · since 09 novembre 2020 · until 09 novembre 2026

Active
WATTSON

Director · since 09 novembre 2020 · until 09 novembre 2026 · 0647.839.145

Represented by Stijn DE ROO

Active

Ended mandates

Participatiemaatschappij Vlaanderen

Director · since 08 novembre 2021 · until 08 novembre 2027 · 0455.777.660

Represented by Tom Mortier

Ended
WATTSON

Managing director · since 09 novembre 2020 · until 09 novembre 2026 · 0647.839.145

Represented by Stijn De Roo

Ended
Participatiemaatschappij Vlaanderen

Director · since 24 août 2017 · until 08 novembre 2021 · 0455.777.660

Represented by Tom Mortier

Ended
WATTSON

Managing director · since 02 décembre 2016 · until 09 novembre 2020 · 0647.839.145

Represented by Stijn De Roo

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/01/202608/01/202517/01/202427/01/202331/01/202226/02/2021
General meeting18/12/202518/12/202405/01/202425/01/202321/12/202113/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202518/12/202513/01/2026DutchPDF
Abridged model30/06/202418/12/202408/01/2025DutchPDF
Abridged model30/06/202305/01/202417/01/2024DutchPDF
Abridged model30/06/202225/01/202327/01/2023DutchPDF
Abridged model30/06/202121/12/202131/01/2022DutchPDF
Abridged model30/06/202013/01/202126/02/2021DutchPDF
Abridged model30/06/201920/12/201903/01/2020DutchPDF
Abridged model30/06/201818/12/201814/01/2019DutchPDF
Abridged model30/06/201729/11/201705/12/2017DutchPDF
Abridged model30/06/201602/12/201621/12/2016DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 7 ended

Active mandates

Participatiemaatschappij Vlaanderen

Director · since 09 novembre 2021 · until 08 novembre 2027 · 0455.777.660

Represented by Tom MORTIER

Active
Piet Colruyt

Director · since 09 novembre 2020 · until 09 novembre 2026

Active
WATTSON

Director · since 09 novembre 2020 · until 09 novembre 2026 · 0647.839.145

Represented by Stijn DE ROO

Active

Ended mandates

Participatiemaatschappij Vlaanderen

Director · since 08 novembre 2021 · until 08 novembre 2027 · 0455.777.660

Represented by Tom Mortier

Ended
WATTSON

Managing director · since 09 novembre 2020 · until 09 novembre 2026 · 0647.839.145

Represented by Stijn De Roo

Ended
Participatiemaatschappij Vlaanderen

Director · since 24 août 2017 · until 08 novembre 2021 · 0455.777.660

Represented by Tom Mortier

Ended
WATTSON

Managing director · since 02 décembre 2016 · until 09 novembre 2020 · 0647.839.145

Represented by Stijn De Roo

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other27/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates10/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/02/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates16/11/2017
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/07/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/12/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/01/2016
    BENAMING - ALGEMENE VERGADERING - BOEKJAAR
    PDF

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025151 k €↑
  2. 2024
    Annual accounts 202449,7 k €↑
  3. 2023
    Annual accounts 202341 k €↑
  4. 2022
    Annual accounts 202237,7 k €↓
  5. 2019
    Annual accounts 201944,8 k €↑
  6. 2018
    Annual accounts 2018-21,6 k €↑
  7. 2017
    Annual accounts 2017-22,5 k €↑
  8. 2016
    Annual accounts 2016-115,2 k €
  9. 02/09/2014
    IncorporationPublic limited company