ACTIVE

LUGUS STUDIOS

Financial year 2025 · Closed on 30/06/2025

Net result
838,7 k €
+87,8 %over 1 year
Gross margin
1,4 M €
+46,6 %over 1 year
Equity
1,1 M €
+10,6 %over 1 year
Workforce
6,8 ETP
0,0 %over 1 year

Identity

Source · BCE/KBO

LUGUS STUDIOS is a Private limited company incorporated in 2011. Its main activity is: Publishing of computer games. Its registered office is in Hasselt. It employs on average 6,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0839.288.243
Incorporation
12/09/2011
Legal form
Private limited company
Registered office
Aldestraat 48
3500 Hasselt · FlandreSee on map
Contributed capital
10 400,00 €
Latest accounts
30/06/2025
Average workforce
6,8 ETP
Joint committees (2)
  • 227
  • 22700
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 10 financial years

20252024202320222018
Income statement
Gross margin1,4 M €982,5 k €757,8 k €594,9 k €271 k €
EBITDA1,1 M €629,5 k €445,3 k €274,6 k €97,7 k €
Operating result1 M €620,2 k €433,8 k €257,2 k €82,9 k €
Net result838,7 k €446,6 k €311,5 k €180,9 k €57,9 k €
Balance sheet
Equity1,1 M €1 M €677,7 k €569,6 k €111,3 k €
Total assets2,2 M €1,4 M €1,1 M €862 k €243,5 k €
Cash1,4 M €863,4 k €939,2 k €628,1 k €199,7 k €
Debts1 M €334,9 k €396,1 k €194,7 k €131,2 k €
Other
Workforce6,8 ETP6,8 ETP6,3 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 30/06/2025

2 active · 15 ended

Active mandates

Alvergreen

Director · since 01 janvier 2024 · 1003.566.156

Represented by Tom LISSENS

Active
Kevin Haelterman

Director · since 15 décembre 2023

Active

Ended mandates

Kevin Haelterman

Director · since 12 novembre 2011

Ended
Kevin Haelterman

Manager · since 12 novembre 2011

Ended
Tom Lissens

Director · since 12 novembre 2011

Ended
Tom Lissens

Manager · since 12 novembre 2011

Ended

Other companies at this address

Aldestraat 48 3500 Hasselt
CompanyCBE no.
Alvergreen● Active
1003.566.156
Or & Sable● Active
1003.566.255
Ottotre● Active
1005.708.668

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/01/202617/12/202419/12/202322/12/202226/01/202230/12/2020
General meeting31/12/202506/12/202401/12/202302/12/202203/12/202104/12/2020
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, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202531/12/202528/01/2026DutchPDF
Abridged model30/06/202406/12/202417/12/2024DutchPDF
Abridged model30/06/202301/12/202319/12/2023DutchPDF
Micro model30/06/202202/12/202222/12/2022DutchPDF
Micro model30/06/202103/12/202126/01/2022DutchPDF
Micro model30/06/202004/12/202030/12/2020DutchPDF
Micro model30/06/201906/12/201906/12/2019DutchPDF
Micro model30/06/201807/12/201819/12/2018DutchPDF
Micro model30/06/201701/12/201726/01/2018DutchPDF
Abridged model30/06/201602/12/201631/01/2017DutchPDF
Abridged model30/06/201504/12/201521/12/2015DutchPDF
Abridged model30/06/201405/12/201419/02/2015DutchPDF
Abridged model30/06/201320/12/201316/01/2014DutchPDF

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 30/06/2025

2 active · 15 ended

Active mandates

Alvergreen

Director · since 01 janvier 2024 · 1003.566.156

Represented by Tom LISSENS

Active
Kevin Haelterman

Director · since 15 décembre 2023

Active

Ended mandates

Kevin Haelterman

Director · since 12 novembre 2011

Ended
Kevin Haelterman

Manager · since 12 novembre 2011

Ended
Tom Lissens

Director · since 12 novembre 2011

Ended
Tom Lissens

Manager · since 12 novembre 2011

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office27/05/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/03/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/10/2014
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/09/2011
    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 2025838,7 k €↑
  2. 2024
    Annual accounts 2024446,6 k €↑
  3. 2023
    Annual accounts 2023311,5 k €↑
  4. 2022
    Annual accounts 2022180,9 k €↑
  5. 2018
    Annual accounts 201857,9 k €↑
  6. 2017
    Annual accounts 201745,4 k €↑
  7. 2016
    Annual accounts 201642,2 k €↑
  8. 2015
    Annual accounts 20151,8 k €↓
  9. 2014
    Annual accounts 201415 k €↑
  10. 2013
    Annual accounts 2013-377,9 €
  11. 12/09/2011
    IncorporationPrivate limited company