ACTIVE

LIMBURG STERK MERK

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Financial year 2025 · Closed on 31/12/2025

Net result1,5 k €-99,8 %over 1 year
Equity55,3 M €+0,0 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

LIMBURG STERK MERK is a Public utility foundation incorporated in 2008. Its registered office is in Hasselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0806.608.349
Incorporation
25/09/2008
Legal form
Public utility foundation
Registered office
Universiteitslaan 1
3500 Hasselt · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320222021
Income statement
EBITDA-3,5 M €-306,2 k €-189,8 k €2,1 M €-4,9 M €
Operating result-3,5 M €-306,2 k €-189,8 k €2,1 M €-4,9 M €
Net result1,5 k €618,5 k €2,4 M €-2,1 M €-3,3 M €
Balance sheet
Equity55,3 M €55,3 M €54,6 M €52,3 M €54,4 M €
Total assets85,8 M €90,4 M €89,3 M €92,4 M €101,3 M €
Cash3,4 M €14,1 M €703,7 k €606 k €11,6 M €
Debts30,5 M €35,1 M €34,6 M €40,1 M €46,8 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,0 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 70 ended

Active mandates

Habib El Ouakili

Director · since 22 janvier 2025 · until 31 janvier 2031

Active
Igor Philtjens

Director · since 22 janvier 2025 · until 31 janvier 2031

Active
Inge Moors

Director · since 22 janvier 2025 · until 31 janvier 2031

Active
Joost Venken

Director · since 22 janvier 2025 · until 31 janvier 2031

Active
Laura Olaerts

Director · since 22 janvier 2025 · until 31 janvier 2031

Active
Oriana Saeren

Director · since 22 janvier 2025 · until 31 janvier 2031

Active
Tom Vandeput

Chairman of the board of directors · since 22 janvier 2025 · until 31 janvier 2031

Active

Ended mandates

Katrien Lambrechts

Director · since 19 mai 2021 · until 21 janvier 2025

Ended
Katrien Lambrechts

Director · since 19 mai 2021 · until 31 janvier 2025

Ended
Kilic Yasin

Director · since 16 septembre 2020 · until 03 décembre 2024

Ended
Kilic Yasin

Director · since 16 septembre 2020 · until 21 janvier 2025

Ended

Other companies at this address

Universiteitslaan 1 3500 Hasselt
CompanyCBE no.
Bosgroep Hoge Kempen● Active
0874.667.014
Bosgroep Limburg● Active
0668.619.317
BOSGROEP LIMBURGSE DUINEN● Active
0882.247.464
Bosgroep Noordoost-Limburg● Active
0469.481.087
BOSGROEP WEST - LIMBURG● Active
0479.742.895
Bosgroep Zuid-Limburg● Active
0874.670.378
Coöperatieve van de Limburgse Bosgroepen● Active
0890.220.171
LIMBURGSE KANKERSAMENWERKING● Liquidation
0430.179.756
LIMBURGS OVERLEG ONDERWIJS-ARBEID● Active
0438.334.981
LIMGROND.BE● Liquidation
0849.650.219
Projectgrindwinningscomité● Active
0849.778.693
Provinciale commissie studiebeurzenstichting van Limburg● Active
0862.947.038
Provincie Limburg● Active
0207.725.203

Full financial information

Source · NBB
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 date27/05/202627/06/202528/05/202413/06/202323/03/202329/06/2021
General meeting07/05/202615/05/202522/05/202401/06/202325/05/202214/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202507/05/202627/05/2026DutchPDF
Full model31/12/202415/05/202527/06/2025DutchPDF
Full model31/12/202322/05/202428/05/2024DutchPDF
Full model31/12/202201/06/202313/06/2023DutchPDF
Full modelCorrection31/12/202125/05/202223/03/2023DutchPDF
Full model31/12/202125/05/202209/06/2022DutchPDF
Full model31/12/202014/06/202129/06/2021DutchPDF
Full model31/12/201915/06/202013/07/2020DutchPDF
Full model31/12/201827/06/201908/07/2019DutchPDF
Full model31/12/201719/06/201810/07/2018DutchPDF
Full model31/12/201621/06/201710/07/2017DutchPDF
Full model31/12/201520/06/201612/07/2016DutchPDF
Full model31/12/201416/06/201517/07/2015DutchPDF
Full modelCorrection31/12/201317/06/201429/08/2014DutchPDF
Full modelCorrection31/12/201317/06/201412/08/2014DutchPDF
Full model31/12/201317/06/201416/07/2014DutchPDF
Full model31/12/201217/06/201319/07/2013DutchPDF
Full model31/12/201119/06/201229/05/2013DutchPDF
Full model31/12/201021/06/201106/12/2011DutchPDF
Full model31/12/200925/05/201017/06/2010DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

7 active · 70 ended

Active mandates

Habib El Ouakili

Director · since 22 janvier 2025 · until 31 janvier 2031

Active
Igor Philtjens

Director · since 22 janvier 2025 · until 31 janvier 2031

Active
Inge Moors

Director · since 22 janvier 2025 · until 31 janvier 2031

Active
Joost Venken

Director · since 22 janvier 2025 · until 31 janvier 2031

Active
Laura Olaerts

Director · since 22 janvier 2025 · until 31 janvier 2031

Active
Oriana Saeren

Director · since 22 janvier 2025 · until 31 janvier 2031

Active
Tom Vandeput

Chairman of the board of directors · since 22 janvier 2025 · until 31 janvier 2031

Active

Ended mandates

Katrien Lambrechts

Director · since 19 mai 2021 · until 21 janvier 2025

Ended
Katrien Lambrechts

Director · since 19 mai 2021 · until 31 janvier 2025

Ended
Kilic Yasin

Director · since 16 septembre 2020 · until 03 décembre 2024

Ended
Kilic Yasin

Director · since 16 septembre 2020 · until 21 janvier 2025

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates17/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/11/2019
    ONTSLAGEN - BENOEMINGEN
    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 20251,5 k €↓
  2. 27/02/2025
    nominationTom Vandeput — voorzitter van het bestuursorgaan
  3. 27/02/2025
    nominationJos Lantmeeters — voorzitter Directiecomité
  4. 27/02/2025
    nominationIgor Philtjens — lid Directiecomité
  5. 27/02/2025
    nominationLaura Olaerts — lid Directiecomité
  6. 27/02/2025
    nominationAlain Yzermans — lid Directiecomité
  7. 22/01/2025
    nominationInge Moors — bestuurder
  8. 22/01/2025
    nominationLaura Olaerts — bestuurder
  9. 22/01/2025
    nominationIgor Philtjens — bestuurder
  10. 22/01/2025
    nominationTom Vandeput — bestuurder
  11. 22/01/2025
    nominationHabib El Ouakili — bestuurder
  12. 22/01/2025
    nominationOriana Saeren — bestuurder
  13. 22/01/2025
    nominationJoost Venken — bestuurder
  14. 2024
    Annual accounts 2024618,5 k €↓
  15. 22/05/2024
    nominationFOEDERER DFK BEDRIJFSREVISOREN BV — commissaris
  16. 22/05/2024
    nominationTom Quittelier — vaste vertegenwoordiger
  17. 2023
    Annual accounts 20232,4 M €↑
  18. 2022
    Annual accounts 2022-2,1 M €↑
  19. 2021
    Annual accounts 2021-3,3 M €↓
  20. 2020
    Annual accounts 20205,9 M €↓
  21. 2019
    Annual accounts 20196 M €↑
  22. 2018
    Annual accounts 2018-1,4 M €↓
  23. 2017
    Annual accounts 20173,4 M €↓
  24. 2016
    Annual accounts 201618 M €↑
  25. 2015
    Annual accounts 2015-6 M €↓
  26. 2014
    Annual accounts 20149,3 M €↑
  27. 2013
    Annual accounts 2013-1 M €↓
  28. 2012
    Annual accounts 20121,8 M €↓
  29. 2011
    Annual accounts 201111,8 M €↑
  30. 2010
    Annual accounts 20106,3 M €↑
  31. 2009
    Annual accounts 20093,6 M €
  32. 25/09/2008
    IncorporationPublic utility foundation