ACTIVE

LCM-PROJECTS

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Financial year 2025 · Closed on 31/12/2025

Net result1,4 M €+445,3 %over 1 year

Revenue490,6 k €-20,3 %over 1 year

Equity21,9 M €+7,0 %over 1 year

Workforce1,8 ETP-37,9 %over 1 year

Identity

Source · BCE/KBO

LCM-PROJECTS is a Private limited company incorporated in 2009. Its main activity is: Activities of holding companies. Its registered office is in Aalter. It employs on average 1,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0812.167.736
Incorporation: 08/06/2009
Legal form: Private limited company
Registered office: Durmelaan 24
9880 Aalter · FlandreSee on map
Contributed capital: 3 587 754,84 €
Latest accounts: 31/12/2025
Average workforce: 1,8 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Joint committees (2)

200
2000

Signals

ProfitableSolid equityLow riskPositive cashflowHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 11 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	490,6 k €	-20.3%	615,4 k €	-24.3%	813,3 k €	-10.4%	908,1 k €	-10.8%	1 M €
EBITDA	-146,5 k €	-833%	20 k €	-87.6%	160,9 k €	-61.8%	421,5 k €	+1.6%	414,7 k €
Operating result	-164 k €	-6520%	2,6 k €	-98.2%	140,5 k €	-65.6%	408,5 k €	+0.5%	406,6 k €
Net result	1,4 M €	+445%	-412,7 k €	-103%	15,6 M €	+45906%	34 k €	+68.3%	20,2 k €
Balance sheet
Equity	21,9 M €	+7.0%	20,5 M €	-2.0%	20,9 M €	+297%	5,3 M €	-67.6%	16,2 M €
Total assets	31 M €	+1.6%	30,5 M €	+1.9%	29,9 M €	+15.3%	25,9 M €	+2.7%	25,3 M €
Cash	17,3 k €	-43.6%	30,6 k €	+610%	4,3 k €	-89.1%	39,5 k €	+92.1%	20,6 k €
Debts	8,5 M €	-9.4%	9,4 M €	+11.9%	8,4 M €	-58.9%	20,5 M €	+130%	8,9 M €
Other
Workforce	1,8 ETP	-37.9%	2,9 ETP	-25.6%	3,9 ETP	+34.5%	2,9 ETP	0.0%	2,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alvento0767.890.996Represented by DUBAERE MATTHIAS	Managing directorsince 29/04/2021Director29/04/2021 → 2021 accountsended
Duvest0767.892.877Represented by DUBAERE CHARLOTTE	Managing directorsince 29/04/2021Director29/04/2021 → 2021 accountsended
Dubaere Marc	Managing directorsince 13/03/2013Manager13/03/2013 → 2015 accountsendedDirector13/03/2013 → 2021 accountsended

Other companies at this address

Durmelaan 24 9880 Aalter

Company	CBE no.
CHAMA● Active	0436.262.547
DUBAERE● Active	0426.608.473
DUBATEX● Active	0426.229.579
LCM GROUP● Active	0655.944.088
Steel XS● Active	0769.862.571

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	20/07/2026	11/07/2025	08/07/2024	10/07/2023	20/06/2022	22/06/2021
General meeting	20/06/2026	21/06/2025	15/06/2024	17/06/2023	18/06/2022	19/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 13 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/06/2026	20/07/2026	Dutch	PDF
Full model	31/12/2024	21/06/2025	11/07/2025	Dutch	PDF
Full model	31/12/2023	15/06/2024	08/07/2024	Dutch	PDF
Full model	31/12/2022	17/06/2023	10/07/2023	Dutch	PDF
Full model	31/12/2021	18/06/2022	20/06/2022	Dutch	PDF
Full model	31/12/2020	19/06/2021	22/06/2021	Dutch	PDF
Full model	31/12/2019	20/06/2020	01/07/2020	Dutch	PDF
Full model	31/12/2018	15/06/2019	17/06/2019	Dutch	PDF
Full model	31/12/2017	16/06/2018	29/06/2018	Dutch	PDF
Full model	31/12/2016	17/06/2017	19/06/2017	Dutch	PDF
Full model	31/12/2015	18/06/2016	20/06/2016	Dutch	PDF
Full model	31/12/2014	20/06/2015	13/07/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	03/07/2014	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

3 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alvento0767.890.996Represented by DUBAERE MATTHIAS	Managing directorsince 29/04/2021Director29/04/2021 → 2021 accountsended
Duvest0767.892.877Represented by DUBAERE CHARLOTTE	Managing directorsince 29/04/2021Director29/04/2021 → 2021 accountsended
Dubaere Marc	Managing directorsince 13/03/2013Manager13/03/2013 → 2015 accountsendedDirector13/03/2013 → 2021 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates08/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/03/2021
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares16/11/2017
KAPITAAL - AANDELEN
PDF
Capital / shares03/10/2014
KAPITAAL - AANDELEN
PDF
Mandates09/04/2013
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Other10/02/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares28/12/2011
KAPITAAL - AANDELEN
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

Filings11 filings

Mandates

Alvento

Duvest

MARC DUBAERE

200920102011201220132014201520162017201820192020202120222023202420252026

LCM-PROJECTS

Durmelaan 24, 9880 Aalter

Managing director

Managing directorManagerDirector

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Durmelaan 24, 9880 AalterCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00311299

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
LCM-PROJECTSCurrent	accounts 2013 → 2025	Accounts 2025 · 2026-00311299

Events

2025
Annual accounts 20251,4 M €↑
2024
Annual accounts 2024-412,7 k €↓
2023
Annual accounts 202315,6 M €↑
2022
Annual accounts 202234 k €↑
2021
Annual accounts 202120,2 k €↓
2018
Annual accounts 2018480 k €↑
2017
Annual accounts 2017238,7 k €↓
2016
Annual accounts 2016262 k €↑
2015
Annual accounts 20157,2 k €↓
2014
Annual accounts 2014213,4 k €↓
2013
Annual accounts 20131 M €
08/06/2009
IncorporationPrivate limited company

LCM-PROJECTS

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