ACTIVE

LUDWIG MOTORS

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Financial year 2025 · Closed on 31/12/2025

Net result314,7 k €+27,2 %over 1 year
Gross margin1,1 M €+32,8 %over 1 year
Equity2,7 M €+13,2 %over 1 year
Workforce6,5 ETP+38,3 %over 1 year

Identity

Source · BCE/KBO

LUDWIG MOTORS is a Private limited company incorporated in 2009. Its registered office is in Geraardsbergen. It employs on average 6,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0818.861.726
Incorporation
24/09/2009
Legal form
Private limited company
Registered office
Heuvelstraat(Moe) 111
9500 Geraardsbergen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
6,5 ETP
Joint committees (3)
  • 112
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 16 filings

Trend over 16 financial years

20252024202320222021
Income statement
Gross margin1,1 M €797,3 k €1 M €909,3 k €794,7 k €
EBITDA533,4 k €430,9 k €632 k €550 k €458,5 k €
Operating result491,5 k €404,7 k €624,6 k €535,2 k €431,2 k €
Net result314,7 k €247,4 k €416,9 k €360,6 k €290,4 k €
Balance sheet
Equity2,7 M €2,4 M €2,1 M €1,7 M €1,4 M €
Total assets4,1 M €4 M €3,2 M €2,5 M €2,1 M €
Cash470,5 k €451,6 k €220,8 k €732,9 k €715 k €
Debts1,4 M €1,6 M €1,1 M €784,3 k €727,6 k €
Other
Workforce6,5 ETP4,7 ETP5,1 ETP5,8 ETP5,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Erika Pletinckx

Director

Active
Ludwig Dauwers

Director

Active

Ended mandates

LUDWIG DAUWERS

Manager · since 15 septembre 2009 · until 31 décembre 2010

Ended
ERIKA PLETINCKX

Manager

Ended
Ludwig Dauwers

Administrator - manager

Ended
LUDWIG DAUWERS

Manager

Ended

Other companies at this address

Heuvelstraat(Moe) 111 9500 Geraardsbergen
CompanyCBE no.
LUDERIKA● Active
0828.557.865

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/08/202614/07/202530/08/202430/08/202331/08/202230/06/2021
General meeting11/06/202612/06/202513/06/202408/06/202309/06/202210/06/2021
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, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/06/202630/08/2026DutchPDF
Abridged model31/12/202412/06/202514/07/2025DutchPDF
Abridged model31/12/202313/06/202430/08/2024DutchPDF
Abridged model31/12/202208/06/202330/08/2023DutchPDF
Abridged model31/12/202109/06/202231/08/2022DutchPDF
Abridged model31/12/202010/06/202130/06/2021DutchPDF
Abridged model31/12/201911/06/202031/10/2020DutchPDF
Abridged model31/12/201813/06/201930/08/2019DutchPDF
Abridged model31/12/201714/06/201808/08/2018DutchPDF
Abridged model31/12/201608/06/201702/08/2017DutchPDF
Abridged model31/12/201509/06/201628/06/2016DutchPDF
Abridged model31/12/201411/06/201529/09/2015DutchPDF
Abridged model31/12/201312/06/201430/06/2014DutchPDF
Abridged model31/12/201213/06/201301/07/2013DutchPDF
Abridged model31/12/201126/11/201206/12/2012DutchPDF
Abridged model31/12/201026/09/201130/09/2011DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

Erika Pletinckx

Director

Active
Ludwig Dauwers

Director

Active

Ended mandates

LUDWIG DAUWERS

Manager · since 15 septembre 2009 · until 31 décembre 2010

Ended
ERIKA PLETINCKX

Manager

Ended
Ludwig Dauwers

Administrator - manager

Ended
LUDWIG DAUWERS

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/05/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/10/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/10/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025314,7 k €↑
  2. 2024
    Annual accounts 2024247,4 k €↓
  3. 2023
    Annual accounts 2023416,9 k €↑
  4. 2022
    Annual accounts 2022360,6 k €↑
  5. 2021
    Annual accounts 2021290,4 k €↓
  6. 2020
    Annual accounts 2020318 k €↑
  7. 2019
    Annual accounts 2019234,6 k €↑
  8. 2018
    Annual accounts 2018177,1 k €↑
  9. 2017
    Annual accounts 2017132 k €↑
  10. 2016
    Annual accounts 201698,2 k €↑
  11. 2015
    Annual accounts 201586,2 k €↑
  12. 2014
    Annual accounts 201461,7 k €↑
  13. 2013
    Annual accounts 201322,9 k €↑
  14. 2012
    Annual accounts 2012314,6 €↓
  15. 2011
    Annual accounts 2011739,8 €↑
  16. 2010
    Annual accounts 2010271,8 €
  17. 24/09/2009
    IncorporationPrivate limited company