ACTIVE

Luminus Cities

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Financial year 2025 · closed on 31/12/2025
Net result
-2,7 M €
+80.7% YoY
Revenue
6,6 M €
-20.6% YoY
Equity
-22,7 M €
-13.4% YoY
Workforce
38,8 ETP
-7.0% YoY

What does Luminus Cities do?

Luminus Cities is a Public limited company incorporated in 2018. Its registered office is in Fleurus. It employs on average 38,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0715.825.752
Incorporation
14/12/2018
Legal form
Public limited company
Registered office
Avenue du Marquis(FL) 34
6220 Fleurus · WallonieSee on map
Contributed capital
11 061 500,00 €
Latest accounts
31/12/2025
Average workforce
38,8 ETP
Joint committees (2)
  • 14901
  • 200
Contacts
2 public details availableLog in to view
Signals
Good liquidityHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Revenue6,6 M €8,3 M €8,9 M €35,9 M €36,1 M €32,2 M €2,5 M €
EBITDA-3,2 M €985,6 k €-8,6 M €-2,9 M €-65,9 k €1,2 M €590,4 k €
Operating result-2,4 M €-14 M €-10,5 M €-7,4 M €149,4 k €1,1 M €582 k €
Net result-2,7 M €-13,9 M €-10,6 M €-7,7 M €34,6 k €694,7 k €359 k €
Balance sheet
Equity-22,7 M €-20,1 M €-6,1 M €-6,6 M €1,1 M €1,1 M €420,5 k €
Total assets15,1 M €27,9 M €26,3 M €19,4 M €20,4 M €15,7 M €15,3 M €
Cash602 k €715,5 k €2,2 M €5,9 M €6,8 M €1,5 M €2,3 M €
Debts11,3 M €19,4 M €16,3 M €13,1 M €13 M €11,8 M €14,2 M €
Other
Workforce38,8 ETP41,7 ETP39,1 ETP40,1 ETP39,2 ETP31,0 ETP9,1 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Bertrand Vanden Abeele

Mandate

Active
Olivier Fortin

Mandate

Active

Ended mandates

Olivier FORTIN

Director · since 23 décembre 2021

Ended
Marie-Hélène BERNABE

Director · since 01 mars 2020 · until 29 décembre 2021

Ended
Marie-Hélène BERNABE

Director · since 01 mars 2020

Ended
BERTRAND VANDEN ABEELE

Managing director · since 13 décembre 2018

Ended
Annual accounts

Full financial information

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 date01/07/202620/08/202523/10/202431/07/202324/06/202208/07/2021
General meeting30/06/202620/08/202521/10/202406/07/202309/06/202222/06/2021
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
Full model31/12/202530/06/202601/07/2026FrenchPDF
Full model31/12/202420/08/202520/08/2025FrenchPDF
Full model31/12/202321/10/202423/10/2024FrenchPDF
Full model31/12/202206/07/202331/07/2023FrenchPDF
Full model31/12/202109/06/202224/06/2022FrenchPDF
Full model31/12/202022/06/202108/07/2021FrenchPDF
Full model31/12/201925/06/202003/07/2020FrenchPDF
Estimate

Indicative valuation

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 · 2 active · 7 ended

Active mandates

Bertrand Vanden Abeele

Mandate

Active
Olivier Fortin

Mandate

Active

Ended mandates

Olivier FORTIN

Director · since 23 décembre 2021

Ended
Marie-Hélène BERNABE

Director · since 01 mars 2020 · until 29 décembre 2021

Ended
Marie-Hélène BERNABE

Director · since 01 mars 2020

Ended
BERTRAND VANDEN ABEELE

Managing director · since 13 décembre 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares09/07/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates24/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office02/02/2024
    SIEGE SOCIAL - CAPITAL, ACTIONS
    PDF
  • Mandates27/04/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/08/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/03/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION
    PDF
  • Mandates18/02/2022
    CAPITAL, ACTIONS - 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

Timeline

  1. 2025
    Annual accounts 2025-2,7 M €↑
  2. 2024
    Annual accounts 2024-13,9 M €↓
  3. 2023
    Annual accounts 2023-10,6 M €↓
  4. 2022
    Annual accounts 2022-7,7 M €↓
  5. 2021
    Annual accounts 202134,6 k €↓
  6. 2020
    Annual accounts 2020694,7 k €↑
  7. 2019
    Annual accounts 2019359 k €
  8. 14/12/2018
    IncorporationPublic limited company