ACTIVE

LED ETUDE

Financial year 2025 · Closed on 31/12/2025

Net result356,8 k €+39,2 %over 1 year
Gross margin481 k €+39,6 %over 1 year
Equity54,7 k €-78,8 %over 1 year

Identity

Source · BCE/KBO

LED ETUDE is a Private limited company incorporated in 2019. Its main activity is: Legal activities. Its registered office is in Mons.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0723.475.092
Incorporation
22/03/2019
Legal form
Private limited company
Registered office
Boulevard Président Kennedy 127
7000 Mons · WallonieSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 8 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin481 k €344,5 k €393,8 k €455,1 k €425,1 k €
EBITDA479,7 k €343,4 k €392,6 k €451 k €423,4 k €
Operating result478,8 k €342,9 k €392,6 k €449,7 k €405,8 k €
Net result356,8 k €256,3 k €294,7 k €342,1 k €308,9 k €
Balance sheet
Equity54,7 k €257,9 k €671,6 k €724,9 k €831 k €
Total assets373,2 k €459,9 k €1 M €725,8 k €832,8 k €
Cash84,4 k €41,9 k €302,8 k €352,3 k €299,7 k €
Debts318,5 k €202 k €349,9 k €888 €1,8 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Bruno BOREAN

Director

Active

Ended mandates

Bruno BOREAN

Mandate · since 21 mars 2020

Ended
Bruno BOREAN

Director · since 21 mars 2020

Ended

Other companies at this address

Boulevard Président Kennedy 127 7000 Mons
CompanyCBE no.
<<100 AS>>● Active
0676.494.628
0862.399.383
FEROX● Liquidation
0846.328.859
WEB COLLECTION● Active
0820.631.381
ZENROC ETUDE● Active
0723.489.544

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date21/04/202625/04/202514/05/202424/05/202321/06/202215/07/2021
General meeting27/03/202628/03/202529/03/202431/03/202325/03/202226/03/2021
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 model31/12/202527/03/202621/04/2026FrenchPDF
Abridged model31/12/202428/03/202525/04/2025FrenchPDF
Abridged model31/12/202329/03/202414/05/2024FrenchPDF
Abridged model31/12/202231/03/202324/05/2023FrenchPDF
Abridged modelCorrection31/12/202125/03/202221/06/2022FrenchPDF
Abridged model31/12/202125/03/202209/06/2022FrenchPDF
Abridged model31/12/202026/03/202115/07/2021FrenchPDF
Abridged model31/12/201927/03/202010/08/2020FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

1 active · 2 ended

Active mandates

Bruno BOREAN

Director

Active

Ended mandates

Bruno BOREAN

Mandate · since 21 mars 2020

Ended
Bruno BOREAN

Director · since 21 mars 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/06/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/06/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Other26/03/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025356,8 k €↑
  2. 2024
    Annual accounts 2024256,3 k €↓
  3. 2023
    Annual accounts 2023294,7 k €↓
  4. 2022
    Annual accounts 2022342,1 k €↑
  5. 2021
    Annual accounts 2021308,9 k €↓
  6. 2020
    Annual accounts 2020451 k €↑
  7. 2019
    Annual accounts 201966,1 k €
  8. 22/03/2019
    IncorporationPrivate limited company