ACTIVE

LetsBuild Belgium SA

Financial year 2025 · Closed on 31/12/2025

Net result
1,1 M €
+723,6 %over 1 year
Gross margin
3,5 M €
+4,0 %over 1 year
Equity
-4,2 M €
+14,7 %over 1 year
Workforce
15,6 ETP
-11,9 %over 1 year

Identity

Source · BCE/KBO

LetsBuild Belgium SA is a Public limited company incorporated in 2012. Its main activity is: Computer programming activities. Its registered office is in Braine-l'Alleud. It employs on average 15,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0842.720.855
Incorporation
13/01/2012
Legal form
Public limited company
Registered office
Place du Luxembourg 1 box 5
1420 Braine-l'Alleud · WallonieSee on map
Contributed capital
12 774 950,10 €
Latest accounts
31/12/2025
Average workforce
15,6 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 16 filings

Trend over 14 financial years

20252024202320222021
Income statement
Gross margin3,5 M €3,3 M €2,4 M €2,4 M €1,9 M €
EBITDA2 M €1,7 M €971,7 k €1,5 M €-757,1 k €
Operating result1,2 M €1,1 M €106,8 k €528,2 k €-2 M €
Net result1,1 M €133,4 k €-134,6 k €470 k €-2 M €
Balance sheet
Equity-4,2 M €-5 M €-5,1 M €-5 M €-5,4 M €
Total assets3,9 M €4,3 M €2,9 M €2,5 M €4,9 M €
Cash203,3 k €149 k €297,2 k €142,9 k €184,3 k €
Debts4,7 M €5,9 M €5,1 M €4,8 M €7,7 M €
Other
Workforce15,6 ETP17,7 ETP17,5 ETP12,5 ETP32,6 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

1 active · 51 ended

Active mandates

Causeway Technologies Limited

Director · since 02 décembre 2025 · until 02 mai 2031

Represented by Philip BROWN

Active

Ended mandates

LetsBuild Holding

Director · since 03 février 2021 · 0656.613.388

Represented by Klaus Nyengaard

Ended
Van Innis Filip

Director · since 18 juillet 2018 · until 03 février 2021

Ended
Van Innis Filip

Director · since 18 juillet 2018 · until 30 juin 2023

Ended
Alveria

Director · since 16 juin 2017 · until 30 juin 2023 · 0645.874.203

Represented by Matthias Vandepitte

Ended

Other companies at this address

Place du Luxembourg 1 1420 Braine-l'Alleud
CompanyCBE no.
ARAMARK● Active
0412.674.325
0423.125.480
0404.922.045
0751.620.138
KEY BUSINESS● Active
0432.758.570

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 date08/07/202630/06/202519/08/202430/08/202327/07/202228/09/2021
General meeting26/06/202626/06/202528/06/202430/06/202330/06/202224/09/2021
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 model31/12/202526/06/202608/07/2026FrenchPDF
Abridged model31/12/202426/06/202530/06/2025FrenchPDF
Abridged model31/12/202328/06/202419/08/2024FrenchPDF
Abridged modelCorrection31/12/202230/06/202330/08/2023FrenchPDF
Abridged model31/12/202230/06/202314/07/2023FrenchPDF
Abridged model31/12/202130/06/202227/07/2022FrenchPDF
Abridged model31/12/202024/09/202128/09/2021FrenchPDF
Abridged model31/12/201927/08/202010/09/2020FrenchPDF
Abridged model31/12/201822/08/201929/08/2019FrenchPDF
Abridged model31/12/201718/07/201823/08/2018FrenchPDF
Abridged model31/12/201622/09/201704/10/2017FrenchPDF
Abridged model31/12/201521/06/201630/06/2016FrenchPDF
Abridged model31/12/201405/06/201524/06/2015FrenchPDF
Abridged model31/12/201301/07/201419/08/2014FrenchPDF
Abridged modelCorrection31/12/201224/06/201326/06/2014FrenchPDF
Abridged model31/12/201224/06/201305/08/2013FrenchPDF

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

1 active · 51 ended

Active mandates

Causeway Technologies Limited

Director · since 02 décembre 2025 · until 02 mai 2031

Represented by Philip BROWN

Active

Ended mandates

LetsBuild Holding

Director · since 03 février 2021 · 0656.613.388

Represented by Klaus Nyengaard

Ended
Van Innis Filip

Director · since 18 juillet 2018 · until 03 février 2021

Ended
Van Innis Filip

Director · since 18 juillet 2018 · until 30 juin 2023

Ended
Alveria

Director · since 16 juin 2017 · until 30 juin 2023 · 0645.874.203

Represented by Matthias Vandepitte

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares20/07/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates19/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office25/09/2023
    SIEGE SOCIAL
    PDF
  • Other17/11/2022
    DIVERS
    PDF
  • Registered office05/09/2022
    SIEGE SOCIAL
    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 20251,1 M €↑
  2. 2024
    Annual accounts 2024133,4 k €↑
  3. 2023
    Annual accounts 2023-134,6 k €↓
  4. 2022
    Annual accounts 2022470 k €↑
  5. 2021
    Annual accounts 2021-2 M €↑
  6. 2020
    Annual accounts 2020-3,6 M €↑
  7. 2019
    Annual accounts 2019-3,8 M €↓
  8. 2018
    Annual accounts 2018-2,6 M €↑
  9. 2018
    Name changeLetsBuild Belgium
  10. 2017
    Annual accounts 2017-3,7 M €↓
  11. 2016
    Annual accounts 2016-1,5 M €↓
  12. 2015
    Annual accounts 2015-740 k €↓
  13. 2014
    Annual accounts 2014-47,8 k €↑
  14. 2013
    Annual accounts 2013-642,2 k €
  15. 2012
    Annual accounts 2012
  16. 13/01/2012
    IncorporationPublic limited company
  17. 2012
    Name changeAPROPLAN