ACTIVE

LIMBURG WIN(D)T

Financial year 2025 · Closed on 31/12/2025

Net result3,3 M €-70,9 %over 1 year

Revenue23 M €-23,9 %over 1 year

Equity6 M €+0,0 %over 1 year

Identity

Source · BCE/KBO

LIMBURG WIN(D)T is a Public limited company incorporated in 2009. Its main activity is: Production of electricity. Its registered office is in Hasselt.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0820.832.113
Incorporation: 24/11/2009
Legal form: Public limited company
Registered office: Herkenrodesingel 14
3500 Hasselt · FlandreSee on map
Contributed capital: 5 450 225,25 €
Latest accounts: 31/12/2025

Activities (NACE)

35110Production of electricity· main 35110Production of electricity

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 17 filings

Trend over 15 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	23 M €	-23.9%	30,2 M €	-31.3%	44 M €	+76.5%	24,9 M €	+15.3%	21,6 M €
EBITDA	14,1 M €	-41.0%	23,8 M €	-31.9%	35 M €	+87.0%	18,7 M €	+22.7%	15,3 M €
Operating result	5,7 M €	-63.4%	15,6 M €	-38.1%	25,1 M €	+204%	8,3 M €	+123%	3,7 M €
Net result	3,3 M €	-70.9%	11,2 M €	-38.2%	18,1 M €	+200%	6 M €	+115%	2,8 M €
Balance sheet
Equity	6 M €	+0.0%	6 M €	-0.0%	6 M €	+0.0%	6 M €	+0.0%	6 M €
Total assets	56,3 M €	-18.9%	69,4 M €	-7.9%	75,4 M €	+19.4%	63,1 M €	-2.7%	64,9 M €
Cash	1,9 M €	-47.1%	3,5 M €	-26.8%	4,8 M €	+42.1%	3,4 M €	+42.0%	2,4 M €
Debts	47,9 M €	-21.8%	61,2 M €	-8.3%	66,7 M €	+21.1%	55,1 M €	-2.7%	56,6 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bernard Steverlynck	Managing director17/06/2025 → 08/04/2026
LIMBURGSE RECONVERSIE MAATSCHAPPIJ0452.138.972	Director19/11/2009 → 12/04/2028
LRM Beheer0440.550.442Represented by Roeland Engelen	Director19/11/2009 → 12/04/2028
Ludo Kelchtermans	Director19/07/2013 → 12/04/2028
Mark Vanleeuw	Chairman of the board of directors08/10/2019 → 12/04/2028
Peter Jans	Director19/11/2009 → 12/04/2028
Rik Van de Walle	Managing director19/11/2009 → 12/04/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Panta Rhei0640.934.230Represented by Tony Coonen	Chairman of the board of directors24/11/2015 → 2015 accounts
ASPIRAVI0477.518.825Represented by Tony Coonen	Chairman of the board of directors19/07/2013 → 24/11/2015

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Herkenrodesingel 14 3500 Hasselt

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BIONERGA LOGISTICS● Active	0553.855.647
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ECO HOLDING● Active	0656.820.850
FROMTO Beringen● Judicial reorganisation	0764.409.686
FROMTO Group● Active	0830.979.402
FROMTO Houthalen● Bankrupt	0439.289.343
HERKENRODE REAL ESTATE● Active	0724.557.633
HyoffGreen● Active	1010.583.315
Immo Soltech● Active	0790.936.317
LIMBURG.NET● Active	0214.533.712
LIMBURG WIND● Active	0825.735.660
LOMMEL WIN(D)T● Active	0559.893.403
MyCSN● Active	0724.946.623
NUBEMA● Active	0834.086.964

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	08/05/2026	10/06/2025	17/06/2024	04/05/2023	05/05/2022	20/04/2021
General meeting	08/04/2026	09/04/2025	10/04/2024	12/04/2023	13/04/2022	14/04/2021
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, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/04/2026	08/05/2026	Dutch	PDF
Full modelCorrection	31/12/2024	09/04/2025	10/06/2025	Dutch	PDF
Full model	31/12/2024	09/04/2025	28/05/2025	Dutch	PDF
Full model	31/12/2023	10/04/2024	17/06/2024	Dutch	PDF
Full model	31/12/2022	12/04/2023	04/05/2023	Dutch	PDF
Full model	31/12/2021	13/04/2022	05/05/2022	Dutch	PDF
Full model	31/12/2020	14/04/2021	20/04/2021	Dutch	PDF
Full model	31/12/2019	08/04/2020	17/04/2020	Dutch	PDF
Full model	31/12/2018	10/04/2019	29/04/2019	Dutch	PDF
Full model	31/12/2017	11/04/2018	02/05/2018	Dutch	PDF
Full model	31/12/2016	12/04/2017	02/05/2017	Dutch	PDF
Full model	31/12/2015	13/04/2016	28/04/2016	Dutch	PDF
Full model	31/12/2014	08/04/2015	29/04/2015	Dutch	PDF
Full model	31/12/2013	09/04/2014	02/05/2014	Dutch	PDF
Full model	31/12/2012	10/04/2013	25/04/2013	Dutch	PDF
Full model	31/12/2011	11/04/2012	11/05/2012	Dutch	PDF
Full model	31/12/2010	13/04/2011	11/05/2011	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bernard Steverlynck	Managing director17/06/2025 → 08/04/2026
LIMBURGSE RECONVERSIE MAATSCHAPPIJ0452.138.972	Director19/11/2009 → 12/04/2028
LRM Beheer0440.550.442Represented by Roeland Engelen	Director19/11/2009 → 12/04/2028
Ludo Kelchtermans	Director19/07/2013 → 12/04/2028
Mark Vanleeuw	Chairman of the board of directors08/10/2019 → 12/04/2028
Peter Jans	Director19/11/2009 → 12/04/2028
Rik Van de Walle	Managing director19/11/2009 → 12/04/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Panta Rhei0640.934.230Represented by Tony Coonen	Chairman of the board of directors24/11/2015 → 2015 accounts
ASPIRAVI0477.518.825Represented by Tony Coonen	Chairman of the board of directors19/07/2013 → 24/11/2015

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/07/2026
Ontslagen / benoemingen
PDF
Mandates25/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/02/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other06/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/06/2023
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2022
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

Filings15 filings

Mandates

Bernard Steverlynck

LRM Beheer

LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Mark Vanleeuw

Peter Jans

Ludo Kelchtermans

Rik Van de Walle

Panta Rhei

ASPIRAVI

VOF Geebelen

20092010201120122013201420152016201720182019202020212022202320242025202620272028

LIMBURG WIN(D)T

Herkenrodesingel 14, 3500 HasseltTrichterheideweg 8, 3500 Hasselt

Managing director

Director

Chairman of the board of directors

Director

Managing director

Chairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Herkenrodesingel 14, 3500 HasseltCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00108187
Trichterheideweg 8, 3500 Hasselt	accounts 2021 → 2022	Accounts 2022 · 2023-00084533

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
LIMBURG WIN(D)TCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00108187

Events

16/02/2026
nominationLuc Driesen · vaste vertegenwoordiger van bestuurder LRM Beheer nv
2025
Annual accounts 20253,3 M €↓
17/06/2025
nominationBernard Steverlynck · bestuurder
2024
Annual accounts 202411,2 M €↓
2023
Annual accounts 202318,1 M €↑
12/04/2023
nominationFrancis Boelens · vaste vertegenwoordiger (commissaris)
01/01/2023
nominationRoeland Engelen · vaste vertegenwoordiger ter uitvoering van het bestuursmandaat van LRM Beheer nv
01/01/2023
nominationTom Vanham · vaste vertegenwoordiger ter uitvoering van het bestuursmandaat van LRM nv
2022
Annual accounts 20226 M €↑
13/04/2022
reconductionVanleeuw Mark · bestuurder
13/04/2022
reconductionJans Peter · bestuurder
13/04/2022
reconductionKelchtermans Ludo · bestuurder
13/04/2022
reconductionVan de Walle Rik · bestuurder
2021
Annual accounts 20212,8 M €↓
2020
Annual accounts 20206,7 M €↓
2019
Annual accounts 20197,2 M €↑
2018
Annual accounts 20185,5 M €↑
2017
Annual accounts 20173,5 M €↑
2016
Annual accounts 2016-481,8 k €↓
2015
Annual accounts 20152,4 M €↑
2013
Annual accounts 2013-185,1 k €↓
2012
Annual accounts 2012778,9 k €↑
2011
Annual accounts 2011409,1 k €↑
2010
Annual accounts 2010-226,3 k €
24/11/2009
IncorporationPublic limited company

LIMBURG WIN(D)T

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