ACTIVE

THE LIVING FORMULA

Financial year 2025 · closed on 31/12/2025
Net result
188,1 k €
-5.4% YoY
Gross margin
321,1 k €
-2.5% YoY
Equity
750,9 k €
+33.4% YoY
Workforce
0,0 ETP

What does THE LIVING FORMULA do?

THE LIVING FORMULA is a Private limited company incorporated in 2012. Its main activity is: Activities of holding companies. Its registered office is in Leuven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0843.183.584
Incorporation
30/01/2012
Legal form
Private limited company
Registered office
Tiensesteenweg 296
3000 Leuven · FlandreSee on map
Contributed capital
43 600,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin321,1 k €329,3 k €126 k €50,6 k €153,3 k €89,8 k €59,3 k €-741,3 €-8,1 k €-3,5 k €4,6 k €1,5 k €
EBITDA320 k €328,3 k €124,5 k €48,7 k €150,6 k €87,9 k €18,7 k €-1,1 k €-8,5 k €-3,5 k €4,6 k €1,4 k €
Operating result285,2 k €301,3 k €107,4 k €44,3 k €147,2 k €87,4 k €18,7 k €-1,1 k €-8,8 k €-4,4 k €3,7 k €819,7 €
Net result188,1 k €198,9 k €69,3 k €24,4 k €94,7 k €149,3 k €16,7 k €-1,3 k €-9,1 k €-4,5 k €3,5 k €-16,9 €
Balance sheet
Equity750,9 k €562,7 k €363,9 k €294,5 k €270,1 k €175,4 k €26,1 k €9,4 k €10,7 k €19,8 k €24,3 k €20,8 k €
Total assets1,1 M €880,2 k €822,1 k €719,7 k €698,8 k €645,8 k €483,7 k €122,2 k €130,5 k €158,6 k €162,9 k €91 k €
Cash64,9 k €146,1 k €52,5 k €19,9 k €8,7 k €93,1 k €30,5 k €6 k €17,1 k €25 k €34,5 k €35,2 k €
Debts370,3 k €317,4 k €458,2 k €425,2 k €428,6 k €470,4 k €457,6 k €112,8 k €119,8 k €138,8 k €138,6 k €70,2 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Pieter Bollaerts

Director · since 07 juin 2023

Active

Ended mandates

Pieter Bollaerts

Director · since 31 mars 2014

Ended
Pieter Bollaerts

Manager · since 31 mars 2014

Ended
Pieter Bollaerts

Mandate

Ended
Pieter Bollaerts

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
0675.579.066
Annual accounts

Full financial information

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 date06/05/202603/07/202530/05/202408/06/202315/06/202216/07/2021
General meeting04/05/202605/05/202506/05/202402/05/202302/05/202203/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/05/202606/05/2026DutchPDF
Abridged model31/12/202405/05/202503/07/2025DutchPDF
Abridged model31/12/202306/05/202430/05/2024DutchPDF
Abridged model31/12/202202/05/202308/06/2023DutchPDF
Abridged model31/12/202102/05/202215/06/2022DutchPDF
Abridged model31/12/202003/05/202116/07/2021DutchPDF
Abridged model31/12/201904/05/202006/07/2020DutchPDF
Micro model31/12/201806/05/201904/06/2019DutchPDF
Micro model31/12/201707/05/201818/07/2018DutchPDF
Abridged model31/12/201602/05/201731/08/2017DutchPDF
Abridged model31/12/201502/05/201630/08/2016DutchPDF
Abridged modelCorrection31/12/201404/05/201529/10/2015DutchPDF
Abridged model31/12/201404/05/201531/08/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Pieter Bollaerts

Director · since 07 juin 2023

Active

Ended mandates

Pieter Bollaerts

Director · since 31 mars 2014

Ended
Pieter Bollaerts

Manager · since 31 mars 2014

Ended
Pieter Bollaerts

Mandate

Ended
Pieter Bollaerts

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/04/2014
    MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates10/06/2013
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/02/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

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 2025188,1 k €
  2. 2024
    Annual accounts 2024198,9 k €
  3. 2023
    Annual accounts 202369,3 k €
  4. 2022
    Annual accounts 202224,4 k €
  5. 2021
    Annual accounts 202194,7 k €
  6. 2020
    Annual accounts 2020149,3 k €
  7. 2019
    Annual accounts 201916,7 k €
  8. 2018
    Annual accounts 2018-1,3 k €
  9. 2017
    Annual accounts 2017-9,1 k €
  10. 2016
    Annual accounts 2016-4,5 k €
  11. 2015
    Annual accounts 20153,5 k €
  12. 2014
    Annual accounts 2014-16,9 €
  13. 30/01/2012
    IncorporationPrivate limited company