ACTIVE

LSF XI Magpie Finco

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Financial year 2025 · Closed on 31/12/2025

Net result8,9 k €+831,8 %over 1 year
Gross margin9,9 k €+532,4 %over 1 year
Equity35,8 k €+33,0 %over 1 year

Identity

Source · BCE/KBO

LSF XI Magpie Finco is a Private limited company incorporated in 2022. Its main activity is: Activities of holding companies. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0785.953.881
Incorporation
12/05/2022
Legal form
Private limited company
Registered office
Rietschoorvelden 20
2170 Antwerpen · FlandreSee on map
Contributed capital
40 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2025202420232022
Income statement
Gross margin9,9 k €1,6 k €-4,7 k €-7,9 k €
EBITDA9,4 k €1,1 k €-5,2 k €-8,4 k €
Operating result9,4 k €1,1 k €-5,2 k €-8,4 k €
Net result8,9 k €953,1 €-5,5 k €-8,5 k €
Balance sheet
Equity35,8 k €26,9 k €25,9 k €31,5 k €
Total assets91,7 k €151,8 k €29,3 k €36,7 k €
Cash16,4 k €247,7 €325,2 €–
Debts850,5 €124,9 k €–270 €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Advinho1013.631.687Represented by Pieter Lammertyn
Directorsince 11/02/2026
Barry Collard
Directorsince 24/11/2022
Matthias De Raeymaeker
Directorsince 24/11/2022

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Matthias DE RAEMAEKER
Director24/11/2022 → 2023 accounts

Other companies at this address

Rietschoorvelden 20 2170 Antwerpen
CompanyCBE no.
Chemical Distribution BE Pillar 2 Group● Active
1014.116.489
Corvida investments● Active
0787.276.150
Dragonfly Invest● Active
0787.276.348
Flamengo investments● Active
0787.267.638
International Trade Services Group● Active
1019.628.663
LDI INTERNATIONAL● Active
0472.156.309
Manuchar● Active
0407.045.751
Manuchar Europe● Active
0793.709.923
MANUCHAR GROUP● Active
0777.879.622
Manuchar International Trade Services● Active
0799.443.514
Manuchar Pulp & Paper● Active
0799.443.316
MANUCHAR STEEL● Active
0865.797.353
PPLS Invest● Active
0787.267.737
UNIT ONE● Active
0449.634.887

Full financial information

Source · NBB
2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months12 months
Filing date05/06/202631/07/202517/06/202408/06/2023
General meeting04/06/202629/07/202506/06/202401/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/06/202605/06/2026DutchPDF
Abridged model31/12/202429/07/202531/07/2025DutchPDF
Abridged model31/12/202306/06/202417/06/2024DutchPDF
Micro model31/12/202201/06/202308/06/2023DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Advinho1013.631.687Represented by Pieter Lammertyn
Directorsince 11/02/2026
Barry Collard
Directorsince 24/11/2022
Matthias De Raeymaeker
Directorsince 24/11/2022

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Matthias DE RAEMAEKER
Director24/11/2022 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/12/2022
    SIEGE SOCIAL
    PDF
  • Other16/05/2022
    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

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings4 filings
Mandates
Advinho
Matthias De Raeymaeker
Barry Collard
Matthias DE RAEMAEKER
20222023202420252026
LSF XI Magpie Finco
Rietschoorvelden 20, 2170 Merksem (Antwerp)
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rietschoorvelden 20, 2170 Merksem (Antwerp)Current
accounts 2022 → 2025
Accounts 2025 · 2026-00144591

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
LSF XI Magpie FincoCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00144591

Events

  1. 2025
    Annual accounts 20258,9 k €↑
  2. 2024
    Annual accounts 2024953,1 €↑
  3. 2023
    Annual accounts 2023-5,5 k €↑
  4. 2022
    Annual accounts 2022-8,5 k €
  5. 12/05/2022
    IncorporationPrivate limited company