ACTIVE

LuWa

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Financial year 2025 · closed on 31/12/2025

Net result

498,7 k €

+160.7% YoY

Revenue

8,7 M €

-38.7% YoY

Equity

2,1 M €

+31.1% YoY

What does LuWa do?

LuWa is a Public limited company incorporated in 2018. Its main activity is: Manufacture of electric lighting equipment. Its registered office is in Namur.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0715.758.248

Incorporation

12/12/2018

Legal form

Public limited company

Registered office

Chaussée de Marche(WD) 935
5100 Namur · WallonieSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

27402Manufacture of electric lighting equipment· main 27402Manufacture of electric lighting equipment 43212Electrical installation 43212Electrical installation 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2025		2024		2023		2022		2021		2020		2019
Income statement
Revenue	8,7 M €	-38.7%	14,2 M €	-82.1%	79,4 M €	-0.3%	79,7 M €	+21.1%	65,8 M €	+16.7%	56,4 M €	+261%	15,6 M €
EBITDA	144,7 k €	+119%	-761,7 k €	-178%	982,8 k €	+39.4%	704,9 k €	+211%	226,4 k €	-89.4%	2,1 M €	-38.5%	3,5 M €
Operating result	144,7 k €	+119%	-761,7 k €	-178%	982,8 k €	+39.4%	704,9 k €	+211%	226,4 k €	-89.4%	2,1 M €	-38.5%	3,5 M €
Net result	498,7 k €	+161%	-821,7 k €	-171%	1,2 M €	+551%	178,2 k €	-80.8%	927,7 k €	+822%	100,7 k €		–
Balance sheet
Equity	2,1 M €	+31.1%	1,6 M €	-33.8%	2,4 M €	+91.5%	1,3 M €	+16.4%	1,1 M €	+572%	162,2 k €	+164%	61,5 k €
Total assets	224,5 M €	-4.4%	234,8 M €	-6.7%	251,8 M €	+11.1%	226,6 M €	+37.1%	165,3 M €	+96.2%	84,2 M €	+196%	28,5 M €
Cash	1,7 M €	-49.0%	3,4 M €	-82.4%	19,2 M €	+201%	6,4 M €	-37.3%	10,1 M €	+64.1%	6,2 M €	+1267%	452,4 k €
Debts	199,3 M €	-6.5%	213,2 M €	-8.3%	232,5 M €	+8.8%	213,7 M €	+33.8%	159,7 M €	+94.6%	82,1 M €	+189%	28,4 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 31/12/2025 · 7 active · 18 ended

Active mandates

AYMERIC PIQUET-GAUTHIER

Director · since 15 avril 2024 · until 15 avril 2030

Active

BASTIEN ZEHNTNER

Director · since 15 avril 2024 · until 15 avril 2030

Active

Bernard VANDEN ABEELE

Director · since 15 avril 2024 · until 15 avril 2030

Active

Fabien De Jonge

Director · since 15 avril 2024 · until 15 avril 2030

Active

Julien DOYARD

Director · since 15 avril 2024 · until 15 avril 2030

Active

Julien MILLET

Director · since 15 avril 2024 · until 15 avril 2030

Active

Pierre BOSCHIN

Director · since 15 mai 2004 · until 15 avril 2030

Active

Ended mandates

BERTRAND VANDEN ABEELE

Director · since 15 avril 2024 · until 15 avril 2030

Ended

Pierre BOSCHIN

Director · since 15 avril 2024 · until 15 avril 2030

Ended

Julien MILLET

Director · since 17 novembre 2023 · until 15 avril 2024

Ended

Fabien De Jonge

Director · since 10 juin 2022 · until 15 avril 2024

Ended

At this address

Other companies at this address

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GENETEC NEGOCE ET MANAGEMENT● Active	0439.873.422
HALLOX● Active	0534.784.457
LuWa Maintenance● Active	0717.571.950
SM CITELUM Belgique - ENGETEC● Active	0720.812.245
Tennis Padel Pickelball Wallonie-Bruxelles● Active	0419.663.570
Tennis Padel Pickelball Wallonie-Bruxelles région Namur-Luxembourg● Active	0445.174.273

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/05/2026	11/06/2025	21/05/2024	21/05/2024	24/06/2022	20/07/2021
General meeting	08/05/2026	09/05/2025	17/04/2024	14/04/2023	10/06/2022	14/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/05/2026	26/05/2026	French	PDF
Full model	31/12/2024	09/05/2025	11/06/2025	French	PDF
Full model	31/12/2023	17/04/2024	21/05/2024	French	PDF
Full modelCorrection	31/12/2022	14/04/2023	21/05/2024	French	PDF
Full model	31/12/2022	14/04/2023	18/04/2023	French	PDF
Full model	31/12/2021	10/06/2022	24/06/2022	French	PDF
Full model	31/12/2020	14/06/2021	20/07/2021	French	PDF
Full model	31/12/2019	10/06/2020	30/06/2020	French	PDF

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 · 7 active · 18 ended

Active mandates

AYMERIC PIQUET-GAUTHIER

Director · since 15 avril 2024 · until 15 avril 2030

Active

BASTIEN ZEHNTNER

Director · since 15 avril 2024 · until 15 avril 2030

Active

Bernard VANDEN ABEELE

Director · since 15 avril 2024 · until 15 avril 2030

Active

Fabien De Jonge

Director · since 15 avril 2024 · until 15 avril 2030

Active

Julien DOYARD

Director · since 15 avril 2024 · until 15 avril 2030

Active

Julien MILLET

Director · since 15 avril 2024 · until 15 avril 2030

Active

Pierre BOSCHIN

Director · since 15 mai 2004 · until 15 avril 2030

Active

Ended mandates

BERTRAND VANDEN ABEELE

Director · since 15 avril 2024 · until 15 avril 2030

Ended

Pierre BOSCHIN

Director · since 15 avril 2024 · until 15 avril 2030

Ended

Julien MILLET

Director · since 17 novembre 2023 · until 15 avril 2024

Ended

Fabien De Jonge

Director · since 10 juin 2022 · until 15 avril 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates11/02/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates13/05/2024
DEMISSIONS, NOMINATIONS
PDF
Other05/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates01/07/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates27/01/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates04/08/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates30/03/2021
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 2025498,7 k €↑
06/05/2025
reconductionKPMG Réviseurs d'Entreprises SRL — commissaire
06/05/2025
nominationVanessa Cordonnier — représentant permanent
2024
Annual accounts 2024-821,7 k €↓
15/04/2024
reconductionAymeric Piquet-Gauthier — administrateur
15/04/2024
reconductionPierre Boschin — administrateur
15/04/2024
reconductionBertrand Vanden Abeele — administrateur
15/04/2024
reconductionFabien De Jonge — administrateur
15/04/2024
reconductionJulien Doyard — administrateur
15/04/2024
reconductionBastien Zehntner — administrateur
2023
Annual accounts 20231,2 M €↑
21/11/2023
nominationJulien Millet — administrateur
2022
Annual accounts 2022178,2 k €↓
10/06/2022
nominationFabien De Jonge — administrateur de catégorie B
10/06/2022
nominationVanessa Cordonnier — représentant permanent (commissaire)
2021
Annual accounts 2021927,7 k €↑
2020
Annual accounts 2020100,7 k €
2019
Annual accounts 2019
12/12/2018
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

LuWa

Overview

What does LuWa do?

Trend over 7 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline