ACTIVE

L Estate

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Financial year 2025 · closed on 31/12/2025

Net result

62,7 k €

-92.8% YoY

Gross margin

361,8 k €

-74.3% YoY

Equity

2,8 M €

+0.3% YoY

What does L Estate do?

L Estate is a Private limited company incorporated in 2008. Its main activity is: Manufacture of other builders' carpentry and joinery. Its registered office is in Beveren-Kruibeke-Zwijndrecht.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.301.790

Incorporation

10/12/2008

Legal form

Private limited company

Registered office

Moerstraat(BEV) 14
9120 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

16230Manufacture of other builders' carpentry and joinery· main 16230Manufacture of other builders' carpentry and joinery

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	361,8 k €	-74.3%	1,4 M €	+224%	433,1 k €	+79.7%	241 k €	-22.9%	312,5 k €	+130%	136 k €	+81.4%	75 k €	+34.4%	55,8 k €	-2.9%	57,5 k €	-40.7%	96,8 k €	-35.7%	150,7 k €	-37.6%	241,4 k €	+117%	111,3 k €	-9.2%	122,6 k €
EBITDA	290 k €	-78.5%	1,4 M €	+234%	404,5 k €	+96.0%	206,4 k €	-21.1%	261,6 k €	+177%	94,5 k €	+118%	43,4 k €	-16.5%	51,9 k €	-5.2%	54,8 k €	-4.0%	57,1 k €	+4.3%	54,8 k €	-34.8%	84 k €	+200%	27,9 k €	-46.9%	52,6 k €
Operating result	155,5 k €	-87.5%	1,2 M €	+295%	313,9 k €	+145%	128,3 k €	-2.5%	131,6 k €	+120%	59,8 k €	+163%	-95,1 k €	-592%	19,3 k €	-38.8%	31,6 k €	+47.8%	21,4 k €	+11.2%	19,2 k €	-34.7%	29,4 k €	+500%	4,9 k €	-77.3%	21,6 k €
Net result	62,7 k €	-92.8%	871,9 k €	+452%	157,9 k €	+318%	37,8 k €	-19.0%	46,7 k €	-77.3%	205,9 k €	+2621%	-8,2 k €	-402%	2,7 k €	-75.0%	10,8 k €	+104%	5,3 k €	+259%	1,5 k €	-81.4%	8 k €	+553%	-1,8 k €	-115%	11,5 k €
Balance sheet
Equity	2,8 M €	+0.3%	2,8 M €	+60.8%	1,7 M €	+7.2%	1,6 M €	+1.7%	1,6 M €	+532%	251,9 k €	+447%	46,1 k €	-15.1%	54,2 k €	+5.3%	51,5 k €	+26.6%	40,7 k €	+15.0%	35,4 k €	+4.4%	33,9 k €	+19.6%	28,3 k €	-5.8%	30,1 k €
Total assets	6,4 M €	+2.1%	6,3 M €	+21.0%	5,2 M €	+9.3%	4,8 M €	+0.6%	4,7 M €	+274%	1,3 M €	+0.4%	1,3 M €	+87.6%	671,9 k €	+65.4%	406,2 k €	-8.0%	441,7 k €	+29.8%	340,3 k €	-21.2%	432,1 k €	+136%	183 k €	+73.5%	105,5 k €
Cash	2,4 k €	-93.7%	38,1 k €	+44.4%	26,4 k €	+285%	6,9 k €	-65.3%	19,7 k €	+2.5%	19,3 k €	-79.3%	93 k €	+979%	8,6 k €	-1.2%	8,7 k €	+820%	947,7 €	-71.5%	3,3 k €	-89.8%	32,5 k €	+85.6%	17,5 k €	+262%	4,8 k €
Debts	3,2 M €	+4.6%	3 M €	-6.1%	3,2 M €	+5.3%	3,1 M €	-0.0%	3,1 M €	+216%	971,4 k €	-20.0%	1,2 M €	+99.8%	607,6 k €	+73.5%	350,2 k €	-11.7%	396,5 k €	+32.1%	300,3 k €	-23.7%	393,7 k €	+155%	154,2 k €	+105%	75,3 k €
Other
Workforce	–		–		–		–		0,0 ETP		–		–		–		–		1,0 ETP	-54.5%	2,2 ETP	-18.5%	2,7 ETP	+28.6%	2,1 ETP	+90.9%	1,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Frederik Smet

Director

Active

Kelly Van Landeghem

Director

Active

Ended mandates

Frederik Smet

Director · since 20 juin 2017

Ended

Frederik Smet

Manager · since 20 juin 2017

Ended

Kelly Van Landeghem

Director · since 04 décembre 2008

Ended

Kelly Van Landeghem

Manager · since 04 décembre 2008

Ended

At this address

Other companies at this address

Company	CBE no.
Renovice● Active	0803.357.364

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	30/09/2025	01/07/2024	30/06/2023	20/04/2022	15/06/2021
General meeting	22/06/2026	29/09/2025	15/06/2024	17/06/2023	16/03/2022	08/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	22/06/2026	31/08/2026	Dutch	PDF
Micro modelCorrection	31/12/2024	29/09/2025	30/09/2025	Dutch	PDF
Micro model	31/12/2024	21/06/2025	29/08/2025	Dutch	PDF
Micro model	31/12/2023	15/06/2024	01/07/2024	Dutch	PDF
Abridged model	31/12/2022	17/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	16/03/2022	20/04/2022	Dutch	PDF
Abridged model	31/12/2020	08/06/2021	15/06/2021	Dutch	PDF
Micro model	31/12/2019	08/05/2020	26/05/2020	Dutch	PDF
Micro model	31/12/2018	15/06/2019	18/06/2019	Dutch	PDF
Micro model	31/12/2017	16/06/2018	19/06/2018	Dutch	PDF
Abridged model	31/12/2016	17/06/2017	05/07/2017	Dutch	PDF
Abridged model	31/12/2015	27/08/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	17/08/2015	24/08/2015	Dutch	PDF
Abridged model	31/12/2013	16/08/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	24/08/2013	29/08/2013	Dutch	PDF
Abridged model	30/06/2011	08/02/2012	28/02/2012	Dutch	PDF
Abridged model	30/06/2010	09/02/2011	15/02/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 2 active · 6 ended

Active mandates

Frederik Smet

Director

Active

Kelly Van Landeghem

Director

Active

Ended mandates

Frederik Smet

Director · since 20 juin 2017

Ended

Frederik Smet

Manager · since 20 juin 2017

Ended

Kelly Van Landeghem

Director · since 04 décembre 2008

Ended

Kelly Van Landeghem

Manager · since 04 décembre 2008

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/04/2022
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/04/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other07/05/2012
BENAMING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/02/2009
ONTSLAGEN - BENOEMINGEN
PDF
Other18/12/2008
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 202562,7 k €↓
2024
Annual accounts 2024871,9 k €↑
2023
Annual accounts 2023157,9 k €↑
2022
Annual accounts 202237,8 k €↓
2022
Name changeL Estate
2021
Annual accounts 202146,7 k €↓
2021
Name changeBouw- en Timmerwerken PBC
2018
Annual accounts 2018205,9 k €↑
2017
Annual accounts 2017-8,2 k €↓
2016
Annual accounts 20162,7 k €↓
2015
Annual accounts 201510,8 k €↑
2014
Annual accounts 20145,3 k €↑
2013
Annual accounts 20131,5 k €↓
2012
Annual accounts 20128 k €↑
2011
Annual accounts 2011-1,8 k €↓
2010
Annual accounts 201011,5 k €
10/12/2008
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

L Estate

Overview

What does L Estate do?

Trend over 14 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline