ACTIVE

LLN SERVICES

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Financial year 2025 · closed on 31/12/2025
Net result
164,2 k €
+68.0% YoY
Gross margin
651,3 k €
+13.5% YoY
Equity
1,5 M €
+11.7% YoY

What does LLN SERVICES do?

LLN SERVICES is a Public limited company incorporated in 2016. Its main activity is: Manufacture of electric motors, generators and transformers. Its registered office is in Ottignies-Louvain-la-Neuve.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0647.607.929
Incorporation
28/01/2016
Legal form
Public limited company
Registered office
Rue de Rodeuhaie 8
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
27110Manufacture of electric motors, generators and transformers· main27110Manufacture of electric motors, generators and transformers82100Office administrative and support activities82110Combined office administrative service activities72109Research and experimental development on natural sciences and engineering72190Other research and experimental development on natural sciences and engineering
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin651,3 k €573,7 k €427 k €493,6 k €479,9 k €481,8 k €615,9 k €550,2 k €420,9 k €98,3 k €
EBITDA633,1 k €471,8 k €334,7 k €331,2 k €348,3 k €354,9 k €497,6 k €463,2 k €420,9 k €73,3 k €
Operating result325,2 k €229,4 k €204,9 k €207,3 k €220,6 k €230,1 k €374,4 k €340,4 k €334,7 k €66,9 k €
Net result164,2 k €97,7 k €144,2 k €149,9 k €158,3 k €164,1 k €251 k €242,9 k €205,2 k €43,3 k €
Balance sheet
Equity1,5 M €1,3 M €1,3 M €1,1 M €984,7 k €841,1 k €791,6 k €555,2 k €348,5 k €143,3 k €
Total assets4,8 M €5,3 M €4,6 M €2,2 M €2,2 M €2,3 M €2,4 M €2,6 M €2,5 M €530 k €
Cash–201,8 k €1,3 M €624,6 k €508,7 k €548,5 k €537,4 k €601,3 k €319,6 k €330,7 k €
Debts3,3 M €4 M €3,3 M €1,1 M €1,2 M €1,5 M €1,6 M €2,1 M €2,1 M €386,7 k €
Other
Workforce–1,0 ETP1,0 ETP1,8 ETP2,0 ETP2,0 ETP2,0 ETP1,3 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 · 6 active · 18 ended

Active mandates

Rudy KERSTEN

Director · since 15 juin 2023 · until 16 mai 2028

Active
Claude GREGOIRE

Director · since 17 mai 2022 · until 16 mai 2028

Active
JC Développement

Director · since 17 mai 2022 · until 16 mai 2028 · 0896.065.214

Represented by Jean CRAHAY

Active
Robert EYBEN

Director · since 17 mai 2022 · until 16 mai 2028

Active
Benjamin HAYEN

Director · since 08 janvier 2020 · until 16 mai 2028

Active
MEAG Leadershîp

Managing director · since 01 janvier 2020 · until 16 mai 2028 · 0726.635.809

Represented by Nicolas BRONCHART

Active

Ended mandates

Rudy KERSTEN

Director · since 15 juin 2023

Ended
C.P.D.H.

Director · since 17 mai 2022 · until 23 mai 2023 · 0468.710.235

Represented by Olivier BOMBOIR

Ended
Claude GREGOIRE

Director · since 17 mai 2022

Ended
Didier DEJACE

Director · since 17 mai 2022 · until 23 mai 2023

Ended
At this address

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0652.782.977
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 date17/06/202626/06/202514/06/202401/06/202322/06/202209/06/2021
General meeting19/05/202620/05/202521/05/202423/05/202317/05/202218/05/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/05/202617/06/2026FrenchPDF
Abridged model31/12/202420/05/202526/06/2025FrenchPDF
Abridged model31/12/202321/05/202414/06/2024FrenchPDF
Abridged model31/12/202223/05/202301/06/2023FrenchPDF
Abridged model31/12/202117/05/202222/06/2022FrenchPDF
Abridged model31/12/202018/05/202109/06/2021FrenchPDF
Abridged model31/12/201922/05/202017/07/2020FrenchPDF
Abridged model31/12/201816/05/201930/07/2019FrenchPDF
Abridged model31/12/201717/05/201813/06/2018FrenchPDF
Abridged model31/12/201618/05/201730/06/2017FrenchPDF
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 · 6 active · 18 ended

Active mandates

Rudy KERSTEN

Director · since 15 juin 2023 · until 16 mai 2028

Active
Claude GREGOIRE

Director · since 17 mai 2022 · until 16 mai 2028

Active
JC Développement

Director · since 17 mai 2022 · until 16 mai 2028 · 0896.065.214

Represented by Jean CRAHAY

Active
Robert EYBEN

Director · since 17 mai 2022 · until 16 mai 2028

Active
Benjamin HAYEN

Director · since 08 janvier 2020 · until 16 mai 2028

Active
MEAG Leadershîp

Managing director · since 01 janvier 2020 · until 16 mai 2028 · 0726.635.809

Represented by Nicolas BRONCHART

Active

Ended mandates

Rudy KERSTEN

Director · since 15 juin 2023

Ended
C.P.D.H.

Director · since 17 mai 2022 · until 23 mai 2023 · 0468.710.235

Represented by Olivier BOMBOIR

Ended
Claude GREGOIRE

Director · since 17 mai 2022

Ended
Didier DEJACE

Director · since 17 mai 2022 · until 23 mai 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/06/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/04/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/05/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/06/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office11/08/2017
    SIEGE SOCIAL
    PDF
  • Other01/02/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025164,2 k €↑
  2. 2024
    Annual accounts 202497,7 k €↓
  3. 2023
    Annual accounts 2023144,2 k €↓
  4. 2022
    Annual accounts 2022149,9 k €↓
  5. 2021
    Annual accounts 2021158,3 k €↓
  6. 2020
    Annual accounts 2020164,1 k €↓
  7. 2019
    Annual accounts 2019251 k €↑
  8. 2018
    Annual accounts 2018242,9 k €↑
  9. 2017
    Annual accounts 2017205,2 k €↑
  10. 2016
    Annual accounts 201643,3 k €
  11. 28/01/2016
    IncorporationPublic limited company