ACTIVE

LUTEC Europe

Financial year 2025 · Closed on 31/12/2025

Net result-504,2 k €-414,2 %over 1 year
Revenue8,6 M €-16,2 %over 1 year
Equity2,9 M €-14,6 %over 1 year
Workforce4,9 ETP-3,9 %over 1 year

Identity

Source · BCE/KBO

LUTEC Europe is a Public limited company incorporated in 2017. Its main activity is: Wholesale of furniture, carpets and lighting equipment. Its registered office is in Wommelgem. It employs on average 4,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0685.754.069
Incorporation
08/12/2017
Legal form
Public limited company
Registered office
Herentalsebaan 425
2160 Wommelgem · FlandreSee on map
Contributed capital
4 978 000,00 €
Latest accounts
31/12/2025
Average workforce
4,9 ETP
Joint committees (1)
  • 200
Signals
Solid equityLow riskGood liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20252024202320222021
Income statement
Revenue8,6 M €10,2 M €13 M €13,4 M €15,4 M €
EBITDA-353,6 k €253,9 k €178,8 k €-588,6 k €77,2 k €
Operating result-453,3 k €179,4 k €197,3 k €-643,9 k €-8,3 k €
Net result-504,2 k €160,5 k €233,5 k €-478,6 k €-591,5 k €
Balance sheet
Equity2,9 M €3,4 M €3,3 M €3 M €3,5 M €
Total assets5,4 M €6,2 M €7,6 M €8,2 M €13 M €
Cash257,7 k €397,2 k €207,9 k €126,4 k €71,7 k €
Debts2,5 M €2,7 M €4,2 M €5,1 M €9,5 M €
Other
Workforce4,9 ETP5,1 ETP6,1 ETP5,1 ETP5,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 8 ended

Active mandates

BLUE OCEAN CONSULTING

Managing director · since 31 mars 2025 · until 05 juin 2026 · 0454.211.210

Represented by Stephane De Weerdt

Active
Chen Tiaofeng

Director · since 25 juin 2020 · until 05 juin 2026

Active
Yi Fang

Director · since 25 juin 2020 · until 05 juin 2026

Active

Ended mandates

Serendipia

Managing director · since 25 juin 2020 · until 31 mars 2025 · 0561.881.507

Represented by Willem Govaerts

Ended
Serendipia

Managing director · since 25 juin 2020 · until 05 juin 2026 · 0561.881.507

Represented by Willem Govaerts

Ended
Yi Fang

bestuurder · since 25 juin 2020 · until 05 juin 2026

Ended
FRAMAN

Managing director · until 25 juin 2020 · 0472.059.606

Represented by Dirk Franck

Ended

Other companies at this address

Herentalsebaan 425 2160 Wommelgem
CompanyCBE no.
Omid Home● Active
1029.960.252

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 date22/06/202618/06/202510/06/202404/07/202315/07/202215/07/2021
General meeting05/06/202606/06/202507/06/202409/06/202324/06/202228/06/2021
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202622/06/2026DutchPDF
Full model31/12/202406/06/202518/06/2025DutchPDF
Full model31/12/202307/06/202410/06/2024DutchPDF
Full model31/12/202209/06/202304/07/2023DutchPDF
Full model31/12/202124/06/202215/07/2022DutchPDF
Full model31/12/202028/06/202115/07/2021DutchPDF
Full model31/12/201925/06/202009/07/2020DutchPDF
Abridged model31/12/201807/06/201911/06/2019DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2025

3 active · 8 ended

Active mandates

BLUE OCEAN CONSULTING

Managing director · since 31 mars 2025 · until 05 juin 2026 · 0454.211.210

Represented by Stephane De Weerdt

Active
Chen Tiaofeng

Director · since 25 juin 2020 · until 05 juin 2026

Active
Yi Fang

Director · since 25 juin 2020 · until 05 juin 2026

Active

Ended mandates

Serendipia

Managing director · since 25 juin 2020 · until 31 mars 2025 · 0561.881.507

Represented by Willem Govaerts

Ended
Serendipia

Managing director · since 25 juin 2020 · until 05 juin 2026 · 0561.881.507

Represented by Willem Govaerts

Ended
Yi Fang

bestuurder · since 25 juin 2020 · until 05 juin 2026

Ended
FRAMAN

Managing director · until 25 juin 2020 · 0472.059.606

Represented by Dirk Franck

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares01/04/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares30/10/2018
    KAPITAAL - AANDELEN
    PDF
  • Registered office30/08/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares08/05/2018
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025-504,2 k €↓
  2. 2024
    Annual accounts 2024160,5 k €↓
  3. 2023
    Annual accounts 2023233,5 k €↑
  4. 2022
    Annual accounts 2022-478,6 k €↑
  5. 2021
    Annual accounts 2021-591,5 k €↓
  6. 2020
    Annual accounts 2020-16,8 k €↑
  7. 2019
    Annual accounts 2019-465,2 k €↓
  8. 2018
    Annual accounts 2018-377,1 k €
  9. 08/12/2017
    IncorporationPublic limited company