ACTIVE

LSB GROUP

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Financial year 2025 · Closed on 31/12/2025

Net result518,6 k €+8,0 %over 1 year
Revenue1,7 M €+41,3 %over 1 year
Equity8,4 M €+6,5 %over 1 year

Identity

Source · BCE/KBO

LSB GROUP is a Public limited company incorporated in 2016. Its main activity is: Activities of holding companies. Its registered office is in Maldegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0657.759.572
Incorporation
28/06/2016
Legal form
Public limited company
Registered office
Bogaardestraat 228 box B
9990 Maldegem · FlandreSee on map
Contributed capital
5 500 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 10 filings

Trend over 10 financial years

20252024202320222021
Income statement
Revenue1,7 M €1,2 M €1,2 M €1,2 M €1,1 M €
EBITDA948,2 k €939,2 k €1,1 M €254,9 k €775,2 k €
Operating result355 k €345,9 k €520,1 k €-338,4 k €181,9 k €
Net result518,6 k €480,2 k €799,6 k €207,2 k €200 k €
Balance sheet
Equity8,4 M €7,9 M €7,4 M €6,6 M €6,4 M €
Total assets18,6 M €18 M €19,1 M €18 M €16,8 M €
Cash350,2 k €696 k €163,5 k €255,8 k €254,8 k €
Debts10,1 M €9,8 M €11 M €10,8 M €10,1 M €

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 31/12/2025

5 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Just Grow1024.548.147Represented by Dominik De Vreese
Directorsince 23/12/2025
STRATEQO0892.600.730Represented by Michiel Lannoye
Chairman of the board of directorssince 23/12/2025
DE LECTO ET SEDE0798.537.850Represented by Frank Verschuere
Director01/07/2025 → 29/06/2029
Peter De Meyer
Director31/12/2022 → 29/06/2028
MAENHOUT KOEN0862.377.807Represented by Koen Maenhout
Managing director02/06/2022 → 25/06/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Tim Steffens
Managing director03/06/2024 → 2024 accounts
Frank VERSCHUERE
Director31/12/2022 → 2024 accounts
Daniel Barth
Managing director01/10/2022 → 2022 accounts
Ipsum mane0766.732.837Represented by Tom DE BAENST
Managing director02/06/2022 → 2024 accounts

Other companies at this address

Bogaardestraat 228 9990 Maldegem
CompanyCBE no.
LS BEDDING● Active
0405.105.355
LS Bedding Groep● Active
0778.293.851
LS REAL ESTATE● Active
0775.792.439

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date29/06/202630/06/202527/06/202430/06/202304/07/202201/07/2021
General meeting25/06/202626/06/202527/06/202429/06/202325/06/202224/06/2021
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
Full model31/12/202525/06/202629/06/2026DutchPDF
Full model31/12/202426/06/202530/06/2025DutchPDF
Full model31/12/202327/06/202427/06/2024DutchPDF
Full model31/12/202229/06/202330/06/2023DutchPDF
Full model31/12/202125/06/202204/07/2022DutchPDF
Full model31/12/202024/06/202101/07/2021DutchPDF
Full model31/12/201925/06/202002/07/2020DutchPDF
Full model31/12/201827/06/201929/07/2019DutchPDF
Full model31/12/201728/06/201830/07/2018DutchPDF
Full model31/12/201629/06/201706/07/2017DutchPDF

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 31/12/2025

5 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Just Grow1024.548.147Represented by Dominik De Vreese
Directorsince 23/12/2025
STRATEQO0892.600.730Represented by Michiel Lannoye
Chairman of the board of directorssince 23/12/2025
DE LECTO ET SEDE0798.537.850Represented by Frank Verschuere
Director01/07/2025 → 29/06/2029
Peter De Meyer
Director31/12/2022 → 29/06/2028
MAENHOUT KOEN0862.377.807Represented by Koen Maenhout
Managing director02/06/2022 → 25/06/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Tim Steffens
Managing director03/06/2024 → 2024 accounts
Frank VERSCHUERE
Director31/12/2022 → 2024 accounts
Daniel Barth
Managing director01/10/2022 → 2022 accounts
Ipsum mane0766.732.837Represented by Tom DE BAENST
Managing director02/06/2022 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings10 filings
Mandates
STRATEQO
Just Grow
DE LECTO ET SEDE
Peter De Meyer
MAENHOUT KOEN
Tim Steffens
Frank VERSCHUERE
Daniel Barth
Ipsum mane
Vicuna
AMBROOS M&C
GAYANA
20162017201820192020202120222023202420252026202720282029
LSB GROUP
Bogaardestraat 228 bte B, 9990 MaldegemBogaardestraat B 228, 9990 Maldegem
Director
Director
Managing director
Director
Managing director
Managing director
Managing director
Chairman of the board of directors
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Bogaardestraat 228 bte B, 9990 MaldegemCurrent
accounts 2025
Accounts 2025 · 2026-00210946
Bogaardestraat 228/B, 9990 Maldegem
accounts 2024
Accounts 2024 · 2025-00205811
Bogaardestraat B 228, 9990 Maldegem
accounts 2021 → 2023
Accounts 2023 · 2024-00185760

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
LSB GROUPCurrent
accounts 2016 → 2025
Accounts 2025 · 2026-00210946

Events

  1. 2025
    Annual accounts 2025518,6 k €↑
  2. 2024
    Annual accounts 2024480,2 k €↓
  3. 2023
    Annual accounts 2023799,6 k €↑
  4. 2022
    Annual accounts 2022207,2 k €↑
  5. 2021
    Annual accounts 2021200 k €↓
  6. 2020
    Annual accounts 2020403,5 k €↓
  7. 2019
    Annual accounts 2019457,3 k €↑
  8. 2018
    Annual accounts 2018-64,9 k €↓
  9. 2017
    Annual accounts 2017-6,3 k €↑
  10. 2016
    Annual accounts 2016-54,6 k €
  11. 28/06/2016
    IncorporationPublic limited company