ACTIVE

LOCAL ENERGY SAVING SOLUTIONS 3

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Financial year 2025 · closed on 30/06/2025
Net result
7,5 k €
+108.8% YoY
Gross margin
536,6 k €
+6.6% YoY
Equity
4,7 k €
-18.8% YoY

What does LOCAL ENERGY SAVING SOLUTIONS 3 do?

LOCAL ENERGY SAVING SOLUTIONS 3 is a Public limited company incorporated in 2018. Its main activity is: Building completion and finishing. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0695.750.415
Incorporation
07/05/2018
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
Activities (NACE)
43350Building completion and finishing· main43390Other building completion and finishing68100Buying and selling of own real estate68110Buying and selling of own real estate71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222019
Income statement
Gross margin536,6 k €503,4 k €481,7 k €544,1 k €54,9 k €
EBITDA535,4 k €483,2 k €479,8 k €542,6 k €54,2 k €
Operating result162,5 k €80,6 k €72,3 k €132,8 k €-8,3 k €
Net result7,5 k €-85,1 k €-101,7 k €-50,0 k €-26,4 k €
Balance sheet
Equity4,7 k €5,8 k €99,4 k €209,6 k €345,5 k €
Total assets4,7 M €5,2 M €5,5 M €5,9 M €7,0 M €
Cash221,3 k €347,1 k €230,9 k €246,2 k €319,2 k €
Debts4,5 M €5,0 M €5,3 M €5,5 M €6,7 M €
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 30/06/2025 · 3 active · 4 ended

Active mandates

Participatiemaatschappij Vlaanderen

Director · since 13 novembre 2023 · until 12 novembre 2029 · 0455.777.660

Represented by Tom MORTIER

Active
Piet Colruyt

Director · since 13 novembre 2023 · until 12 novembre 2029

Active
WATTSON

Director · since 13 novembre 2023 · until 12 novembre 2029 · 0647.839.145

Represented by Stijn DE ROO

Active

Ended mandates

Participatiemaatschappij Vlaanderen

Director · since 07 mai 2018 · until 13 novembre 2023 · 0455.777.660

Represented by Tom MORTIER

Ended
Piet Colruyt

Director · since 07 mai 2018 · until 13 novembre 2023

Ended
WATTSON

Managing director · since 07 mai 2018 · until 13 novembre 2023 · 0647.839.145

Represented by Stijn De Roo

Ended
WATTSON

Director · since 07 mai 2018 · until 13 novembre 2023 · 0647.839.145

Represented by Stijn DE ROO

Ended
At this address

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Annual accounts

Full financial information

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 date15/01/202608/01/202517/01/202430/01/202331/01/202226/02/2021
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
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202518/12/202515/01/2026DutchPDF
Abridged model30/06/202418/12/202408/01/2025DutchPDF
Abridged model30/06/202305/01/202417/01/2024DutchPDF
Abridged model30/06/202225/01/202330/01/2023DutchPDF
Abridged model30/06/202121/12/202131/01/2022DutchPDF
Abridged model30/06/202013/01/202126/02/2021DutchPDF
Abridged model30/06/201920/12/201906/01/2020DutchPDF
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 30/06/2025 · 3 active · 4 ended

Active mandates

Participatiemaatschappij Vlaanderen

Director · since 13 novembre 2023 · until 12 novembre 2029 · 0455.777.660

Represented by Tom MORTIER

Active
Piet Colruyt

Director · since 13 novembre 2023 · until 12 novembre 2029

Active
WATTSON

Director · since 13 novembre 2023 · until 12 novembre 2029 · 0647.839.145

Represented by Stijn DE ROO

Active

Ended mandates

Participatiemaatschappij Vlaanderen

Director · since 07 mai 2018 · until 13 novembre 2023 · 0455.777.660

Represented by Tom MORTIER

Ended
Piet Colruyt

Director · since 07 mai 2018 · until 13 novembre 2023

Ended
WATTSON

Managing director · since 07 mai 2018 · until 13 novembre 2023 · 0647.839.145

Represented by Stijn De Roo

Ended
WATTSON

Director · since 07 mai 2018 · until 13 novembre 2023 · 0647.839.145

Represented by Stijn DE ROO

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Registered office03/02/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other09/05/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20257,5 k €↑
  2. 2024
    Annual accounts 2024-85,1 k €↑
  3. 2023
    Annual accounts 2023-101,7 k €↓
  4. 2022
    Annual accounts 2022-50,0 k €↓
  5. 2019
    Annual accounts 2019-26,4 k €
  6. 07/05/2018
    IncorporationPublic limited company