ACTIVE

LOCAL ENERGY SAVING SOLUTIONS 2

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Financial year 2025 · Closed on 30/06/2025

Net result-11,6 k €+77,7 %over 1 year
Gross margin400,2 k €+1,3 %over 1 year
Equity-166,3 k €-12,3 %over 1 year

Identity

Source · BCE/KBO

LOCAL ENERGY SAVING SOLUTIONS 2 is a Public limited company incorporated in 2017. 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 0668.714.634
Incorporation
04/01/2017
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
Positive cashflowPositive EBITDA

Financials

Source · NBB, 8 filings

Trend over 6 financial years

20252024202320222019
Income statement
Gross margin400,2 k €395 k €367,4 k €379,4 k €248,9 k €
EBITDA399,1 k €366,6 k €366,4 k €378,4 k €248,4 k €
Operating result40,3 k €7,8 k €1,7 k €12,5 k €-34,2 k €
Net result-11,6 k €-52 k €-64,6 k €-59,8 k €-110,6 k €
Balance sheet
Equity-166,3 k €-148 k €-89,4 k €-18,1 k €175,9 k €
Total assets1,4 M €1,9 M €2,2 M €2,5 M €3,6 M €
Cash157,3 k €185,1 k €180,5 k €180,7 k €206,6 k €
Debts1,6 M €2 M €2,3 M €2,5 M €3,4 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 6 ended

Active mandates

Participatiemaatschappij Vlaanderen

Director · since 14 décembre 2021 · until 09 novembre 2026 · 0455.777.660

Represented by Tom Mortier

Active
Piet Colruyt

Director · since 14 décembre 2021 · until 09 novembre 2026

Active
WATTSON

Director · since 14 décembre 2021 · until 09 novembre 2026 · 0647.839.145

Represented by Stijn DE ROO

Active

Ended mandates

WATTSON

Managing director · since 14 décembre 2021 · until 09 novembre 2026 · 0647.839.145

Represented by Stijn De Roo

Ended
Piet Colruyt

Director · since 12 décembre 2021 · until 09 novembre 2026

Ended
Participatiemaatschappij Vlaanderen

Director · since 24 août 2017 · until 13 décembre 2021 · 0455.777.660

Represented by Tom Mortier

Ended
Piet Colruyt

Director · since 04 janvier 2017 · until 13 décembre 2021

Ended

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Nieuwewandeling 62 9000 Gent
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EDEGEM DEVELOPMENT● Active
1010.925.585
EDEGEM LAND● Active
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ELEKTRION DEVELOPMENT● Active
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ELEKTRION LAND● Active
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ENCHANTÉ● Active
0686.620.537
Equitym● Active
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GEGROND● Active
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GENTBRUGGE KERKSTRAAT DEVELOPMENT● Active
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GENTBRUGGE KERKSTRAAT LAND II● Active
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GLDF II Invest● Active
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Good Life Brasserie● Active
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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, 8 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

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/06/2025

3 active · 6 ended

Active mandates

Participatiemaatschappij Vlaanderen

Director · since 14 décembre 2021 · until 09 novembre 2026 · 0455.777.660

Represented by Tom Mortier

Active
Piet Colruyt

Director · since 14 décembre 2021 · until 09 novembre 2026

Active
WATTSON

Director · since 14 décembre 2021 · until 09 novembre 2026 · 0647.839.145

Represented by Stijn DE ROO

Active

Ended mandates

WATTSON

Managing director · since 14 décembre 2021 · until 09 novembre 2026 · 0647.839.145

Represented by Stijn De Roo

Ended
Piet Colruyt

Director · since 12 décembre 2021 · until 09 novembre 2026

Ended
Participatiemaatschappij Vlaanderen

Director · since 24 août 2017 · until 13 décembre 2021 · 0455.777.660

Represented by Tom Mortier

Ended
Piet Colruyt

Director · since 04 janvier 2017 · until 13 décembre 2021

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other27/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates10/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/02/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/10/2017
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/07/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other06/01/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025-11,6 k €↑
  2. 2024
    Annual accounts 2024-52 k €↑
  3. 2023
    Annual accounts 2023-64,6 k €↓
  4. 2022
    Annual accounts 2022-59,8 k €↑
  5. 2019
    Annual accounts 2019-110,6 k €↓
  6. 2018
    Annual accounts 2018-48,6 k €
  7. 04/01/2017
    IncorporationPublic limited company