ACTIVE

LSP2

Financial year 2025 · closed on 31/12/2025
Net result
149,5 k €
+14.3% YoY
Gross margin
115,1 k €
+241.2% YoY
Equity
6,6 M €
+2.3% YoY

What does LSP2 do?

LSP2 is a Public limited company incorporated in 2020. Its main activity is: Buying and selling of own real estate. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0751.498.986
Incorporation
27/07/2020
Legal form
Public limited company
Registered office
Rue Lambert-Lombard 3
4000 Liège · WallonieSee on map
Contributed capital
6 795 000,00 €
Latest accounts
31/12/2025
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin115,1 k €33,7 k €376,9 k €-31,9 k €-99,3 k €
EBITDA-46,8 k €-42,1 k €375,7 k €-32,3 k €-185,3 k €
Operating result-46,8 k €-42,1 k €375,7 k €-32,3 k €-185,3 k €
Net result149,5 k €130,7 k €42,7 k €-267,5 k €-297,5 k €
Balance sheet
Equity6,6 M €6,4 M €6,3 M €6,2 M €4,5 M €
Total assets17,7 M €19 M €19,6 M €22,1 M €13,4 M €
Cash200,3 k €141,9 k €279 k €879,7 k €316,8 k €
Debts11,1 M €12,6 M €13,3 M €15,8 M €8,9 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 · 3 active · 3 ended

Active mandates

Mélanie Mestdagt

Director · since 27 juillet 2020 · until 26 juillet 2026

Active
NOSHAQ

Director · since 27 juillet 2020 · until 26 juillet 2026 · 0426.624.509

Represented by Marie BRAUN

Active
NOSHAQ PARTNERS

Director · since 27 juillet 2020 · until 26 juillet 2026 · 0808.219.836

Represented by Brandt ERIC

Active

Ended mandates

Mélanie Mestadgt

Director · since 27 juillet 2020 · until 26 juillet 2026

Ended
NOSHAQ

Director · since 27 juillet 2020 · until 26 juillet 2026 · 0426.624.509

Represented by Frédéric DRIESSENS

Ended
NOSHAQ PARTNERS

Director · since 27 juillet 2020 · until 26 juillet 2026 · 0808.219.836

Represented by Eric Brandt

Ended
At this address

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EKLOActive
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EPIMEDEActive
0634.750.380
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GRAND - POSTEActive
0884.938.621
GROOVEActive
1006.189.908
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H² ESTATEActive
0777.414.616
HI-TECH INVESTActive
0683.636.105
IMMOWOODActive
0776.521.424
LEANSQUAREActive
0541.651.760
LE FIACREActive
0550.911.597
LEGIAPARKBISActive
0750.649.643
LSP1Active
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MARTIN FRERESActive
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NOSHAQActive
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Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202227/07/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months18 months
Filing date07/07/202610/07/202522/07/202405/07/202323/08/2022
General meeting25/06/202626/06/202501/07/202429/06/202323/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202607/07/2026FrenchPDF
Abridged model31/12/202426/06/202510/07/2025FrenchPDF
Abridged model31/12/202301/07/202422/07/2024FrenchPDF
Abridged model31/12/202229/06/202305/07/2023FrenchPDF
Abridged model31/12/202123/06/202223/08/2022FrenchPDF
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 · 3 active · 3 ended

Active mandates

Mélanie Mestdagt

Director · since 27 juillet 2020 · until 26 juillet 2026

Active
NOSHAQ

Director · since 27 juillet 2020 · until 26 juillet 2026 · 0426.624.509

Represented by Marie BRAUN

Active
NOSHAQ PARTNERS

Director · since 27 juillet 2020 · until 26 juillet 2026 · 0808.219.836

Represented by Brandt ERIC

Active

Ended mandates

Mélanie Mestadgt

Director · since 27 juillet 2020 · until 26 juillet 2026

Ended
NOSHAQ

Director · since 27 juillet 2020 · until 26 juillet 2026 · 0426.624.509

Represented by Frédéric DRIESSENS

Ended
NOSHAQ PARTNERS

Director · since 27 juillet 2020 · until 26 juillet 2026 · 0808.219.836

Represented by Eric Brandt

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/11/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares16/06/2022
    CAPITAL, ACTIONS
    PDF
  • Other29/07/2020
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025149,5 k €
  2. 2024
    Annual accounts 2024130,7 k €
  3. 2023
    Annual accounts 202342,7 k €
  4. 2022
    Annual accounts 2022-267,5 k €
  5. 2021
    Annual accounts 2021-297,5 k €
  6. 27/07/2020
    IncorporationPublic limited company