ACTIVE

LIEVAIR

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Financial year 2025 · Closed on 31/12/2025

Net result992,1 k €-32,3 %over 1 year

Revenue1,6 M €-29,4 %over 1 year

Equity16,4 M €+3,2 %over 1 year

Workforce2,5 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

LIEVAIR is a Public limited company incorporated in 2009. Its main activity is: Manufacture of other fabricated metal products n.e.c.. Its registered office is in Kruisem. It employs on average 2,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0811.629.781
Incorporation: 08/05/2009
Legal form: Public limited company
Registered office: Breeakkerstraat 1
9771 Kruisem · FlandreSee on map
Contributed capital: 368 270,07 €
Latest accounts: 31/12/2025
Average workforce: 2,5 ETP

Activities (NACE)

25999Manufacture of other fabricated metal products n.e.c.· main 25999Manufacture of other fabricated metal products n.e.c.66199Other activities auxiliary to financial services, except insurance and pension funding 66199Other activities auxiliary to financial services, except insurance and pension funding 64200Activities of holding companies 64210Activities of holding companies+8

Joint committees (4)

111
11101
209
20900

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 27 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	1,6 M €	-29.4%	2,2 M €	+30.1%	1,7 M €	+18.8%	1,4 M €	+29.7%	1,1 M €
EBITDA	1,3 M €	-31.6%	2 M €	+28.8%	1,5 M €	+19.5%	1,3 M €	+35.0%	947,2 k €
Operating result	1,3 M €	-32.2%	1,9 M €	+29.2%	1,5 M €	+20.1%	1,2 M €	+35.9%	913,4 k €
Net result	992,1 k €	-32.3%	1,5 M €	+26.1%	1,2 M €	+29.2%	899,8 k €	+37.7%	653,2 k €
Balance sheet
Equity	16,4 M €	+3.2%	15,9 M €	+6.6%	14,9 M €	+2.9%	14,5 M €	-27.6%	20 M €
Total assets	20 M €	+4.1%	19,3 M €	+1.3%	19 M €	+2.1%	18,6 M €	-22.5%	24 M €
Cash	270,5 k €	+343%	61,1 k €	-87.4%	486,7 k €	+197%	164,1 k €	+48.8%	110,3 k €
Debts	3,6 M €	+8.7%	3,3 M €	-16.5%	4 M €	-3.0%	4,1 M €	+3.7%	3,9 M €
Other
Workforce	2,5 ETP	0.0%	2,5 ETP	0.0%	2,5 ETP	-16.7%	3,0 ETP	0.0%	3,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
AVW Consult0741.873.915Represented by Angélique Van Welden	Director22/01/2020 → 27/06/2031
Lieven Tsjoen	Managing director30/04/2009 → 25/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Angelique VAN WELDEN	Director26/06/2015 → 30/06/2021
Luc Tsjoen	Chairman of the board of directors26/06/2015 → 15/05/2020Director26/06/2015 → 30/06/2021

Other companies at this address

Breeakkerstraat 1 9771 Kruisem

Company	CBE no.
AVW Consult● Active	0741.873.915
DECOMO HOLDING● Active	0793.711.210
Descamps Immo● Active	0845.534.944
Immoferm● Active	0720.491.056
IMMOFERM● Active	0457.609.673
Lievair● Active	0720.491.452
Sanlievair eenheid● Active	1010.555.007
WELDA INVEST● Active	0647.827.960

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	17/07/2026	14/08/2025	10/07/2024	24/08/2023	10/08/2022	18/08/2021
General meeting	26/06/2026	26/06/2025	28/06/2024	30/06/2023	08/07/2022	09/07/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 27 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	17/07/2026	Dutch	PDF
Full model	31/12/2024	26/06/2025	14/08/2025	Dutch	PDF
Consolidated accounts	31/12/2024	26/06/2025	14/08/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	10/07/2024	Dutch	PDF
Consolidated accounts	31/12/2023	28/06/2024	10/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	24/08/2023	Dutch	PDF
Consolidated accounts	31/12/2022	30/06/2023	24/08/2023	Dutch	PDF
Full model	31/12/2021	08/07/2022	10/08/2022	Dutch	PDF
Consolidated accounts	31/12/2021	—	10/08/2022	Dutch	PDF
Full model	31/12/2020	09/07/2021	18/08/2021	Dutch	PDF
Consolidated accounts	31/12/2020	09/07/2021	18/08/2021	Dutch	PDF
Full model	31/12/2019	26/06/2020	17/08/2020	Dutch	PDF
Consolidated accounts	31/12/2019	26/06/2020	17/08/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	20/08/2019	Dutch	PDF
Consolidated accounts	31/12/2018	28/06/2019	29/08/2019	Dutch	PDF
Full model	31/12/2017	31/07/2018	30/08/2018	Dutch	PDF
Consolidated accounts	31/12/2017	31/07/2018	29/08/2019	Dutch	PDF
Full model	31/12/2016	30/06/2017	12/07/2017	Dutch	PDF
Consolidated accounts	31/12/2016	30/06/2017	30/08/2017	Dutch	PDF
Full model	31/12/2015	24/06/2016	22/07/2016	Dutch	PDF
Consolidated accounts	31/12/2015	24/06/2016	26/07/2016	Dutch	PDF
Full model	31/12/2014	26/06/2015	24/07/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	22/07/2014	Dutch	PDF
Full model	31/12/2012	29/07/2013	01/08/2013	Dutch	PDF
Full model	31/12/2011	24/08/2012	30/08/2012	Dutch	PDF
Full model	31/12/2010	23/08/2011	25/08/2011	Dutch	PDF
Full model	31/12/2009	27/07/2010	30/08/2010	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

2 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
AVW Consult0741.873.915Represented by Angélique Van Welden	Director22/01/2020 → 27/06/2031
Lieven Tsjoen	Managing director30/04/2009 → 25/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Angelique VAN WELDEN	Director26/06/2015 → 30/06/2021
Luc Tsjoen	Chairman of the board of directors26/06/2015 → 15/05/2020Director26/06/2015 → 30/06/2021

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares09/11/2022
KAPITAAL - AANDELEN
PDF
Restructuring27/09/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates14/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2019
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings14 filings

Mandates

AVW Consult

Lieven Tsjoen

Luc Tsjoen

Angélique Van Welden

Moore Audit

Dorothée VERGALLE

20092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

LIEVAIR

Breeakkerstraat 1, 9771 NokereBreeakkerstraat 1, 9770 Kruisem

Director

Managing director

Chairman of the board of directorsDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Breeakkerstraat 1, 9771 NokereCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00312325
Breeakkerstraat 1, 9770 Kruisem	accounts 2021 → 2023	Accounts 2023 · 2024-00246680

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
LIEVAIRCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00312325

Events

2025
Annual accounts 2025992,1 k €↓
2024
Annual accounts 20241,5 M €↑
2023
Annual accounts 20231,2 M €↑
2022
Annual accounts 2022899,8 k €↑
2021
Annual accounts 2021653,2 k €↑
2018
Annual accounts 2018113 k €↓
2017
Annual accounts 2017901,6 k €↑
2016
Annual accounts 2016143,2 k €↑
2015
Annual accounts 2015106,5 k €↓
2014
Annual accounts 2014540,7 k €↓
2013
Annual accounts 20133,9 M €↑
2012
Annual accounts 2012833,2 k €↓
2011
Annual accounts 20112,1 M €↑
2010
Annual accounts 2010-392,9 k €
08/05/2009
IncorporationPublic limited company

LIEVAIR

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events