ACTIVE

LB CONSULT

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Financial year 2025 · closed on 31/12/2025

Net result

65,7 k €

-28.8% YoY

Gross margin

111,9 k €

-19.1% YoY

Equity

229,6 k €

+40.1% YoY

What does LB CONSULT do?

LB CONSULT is a Private limited company incorporated in 2003. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Bastogne.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0859.936.177

Incorporation

30/06/2003

Legal form

Private limited company

Registered office

Rue Haute(Gives) 9
6687 Bastogne · WallonieSee on map

Contributed capital

48 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	111,9 k €	-19.1%	138,2 k €	+59.5%	86,6 k €	+28.2%	67,6 k €	-20.7%	85,3 k €	+349%	19 k €	-66.8%	57,2 k €	+20.3%	47,5 k €	+2.3%	46,5 k €	-42.5%	80,8 k €	-11.5%	91,3 k €	+87.8%	48,6 k €	-67.4%	149,2 k €	+737%	17,8 k €	-73.9%	68,3 k €	-23.4%	89,1 k €	+18.3%	75,3 k €	+4.9%	71,8 k €	+70.6%	42,1 k €	+341%	-17,5 k €
EBITDA	111,6 k €	-19.2%	138 k €	+59.5%	86,5 k €	+28.6%	67,3 k €	-13.6%	77,9 k €	+316%	18,7 k €	-4.8%	19,7 k €	+893%	2 k €	+174%	-2,7 k €	-151%	5,2 k €	-61.3%	13,4 k €	+167%	-20 k €	-139%	50,6 k €	+195%	-53,1 k €	-308%	25,5 k €	+14125%	179,2 €	-98.6%	13,2 k €	-39.0%	21,7 k €	+10.2%	19,7 k €	+196%	-20,4 k €
Operating result	101,9 k €	-20.7%	128,5 k €	+65.0%	77,9 k €	+26.9%	61,4 k €	-20.5%	77,2 k €	+315%	18,6 k €	-4.9%	19,6 k €	+942%	1,9 k €	+168%	-2,8 k €	-155%	5 k €	-62.3%	13,4 k €	+167%	-20 k €	-146%	43,7 k €	+173%	-60 k €	-425%	18,5 k €	+336%	-7,8 k €	-284%	4,3 k €	-66.4%	12,7 k €	+26.4%	10 k €	+144%	-22,9 k €
Net result	65,7 k €	-28.8%	92,4 k €	+63.8%	56,4 k €	+25.1%	45,1 k €	-30.6%	65 k €	+211%	20,9 k €	+32.8%	15,7 k €	+1018%	-1,7 k €	+79.2%	-8,3 k €	-624%	1,6 k €	-54.4%	3,5 k €	+109%	1,7 k €	-95.5%	36,7 k €	+154%	-68 k €	-770%	10,1 k €	+161%	-16,6 k €	-10037%	-163,3 €	-108%	2 k €	-48.6%	3,9 k €	+117%	-22,9 k €
Balance sheet
Equity	229,6 k €	+40.1%	163,8 k €	+24.8%	131,3 k €	+25.2%	104,9 k €	+31.4%	79,8 k €	+78.1%	44,8 k €	+87.4%	23,9 k €	+192%	8,2 k €	-17.3%	9,9 k €	-45.5%	18,1 k €	+9.5%	16,6 k €	+198%	-16,9 k €	+8.9%	-18,5 k €	+66.5%	-55,3 k €	-534%	12,7 k €	+392%	2,6 k €	-86.5%	19,1 k €	-0.8%	19,3 k €	+11.6%	17,3 k €	+29.1%	13,4 k €
Total assets	323,9 k €	-2.9%	333,6 k €	+16.4%	286,6 k €	+50.8%	190,1 k €	+5.3%	180,5 k €	+6.9%	168,8 k €	+6.5%	158,5 k €	-14.3%	185 k €	-17.3%	223,7 k €	-15.7%	265,3 k €	+56.5%	169,5 k €	-57.3%	397 k €	-0.7%	399,8 k €	+31.0%	305,2 k €	-3.4%	316,1 k €	-2.1%	323 k €	-7.9%	350,8 k €	+8.8%	322,3 k €	+10.2%	292,4 k €	+349%	65,1 k €
Cash	108,4 k €	-46.4%	202 k €	+892%	20,4 k €	+8.9%	18,7 k €	-83.4%	112,8 k €	+350%	25,1 k €	+243%	7,3 k €	+73.6%	4,2 k €	+386%	865,7 €		–		26,6 k €	-0.9%	26,8 k €	+83.3%	14,6 k €	+5.3%	13,9 k €	-22.2%	17,8 k €	+127%	7,8 k €	+7.7%	7,3 k €	-26.3%	9,9 k €	+172%	3,6 k €	-65.9%	10,7 k €
Debts	94,3 k €	-44.4%	169,7 k €	+9.3%	155,3 k €	+82.3%	85,2 k €	-15.4%	100,7 k €	-18.8%	124 k €	-7.9%	134,6 k €	-23.9%	176,8 k €	-17.0%	213 k €	-13.5%	246,2 k €	+68.1%	146,4 k €	-64.2%	409,1 k €	-1.1%	413,7 k €	+16.1%	356,3 k €	+17.5%	303,2 k €	-5.3%	320,3 k €	-2.1%	327,2 k €	+8.0%	303 k €	+10.2%	275 k €	+432%	51,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 18 ended

Active mandates

ALAIN COLARD

Mandate

Active

LAURENT BANDIN

Mandate

Active

Ended mandates

A Colard

Director · since 19 décembre 2019

Ended

BUREAU INGENIEUR MAHY

Manager · since 21 décembre 2017 · 0683.611.161

Represented by Xavier Mahy

Ended

Franck Martin

Director · since 30 juin 2017 · until 19 décembre 2019

Ended

Franck Martin

Manager · since 30 juin 2017

Ended

At this address

Other companies at this address

Company	CBE no.
SSM LB PINON● Active	0800.654.133

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged 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	10/06/2026	20/05/2025	01/07/2024	28/06/2023	25/08/2022	20/08/2021
General meeting	11/05/2026	15/05/2025	21/06/2024	08/06/2023	20/06/2022	17/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	11/05/2026	10/06/2026	French	PDF
Micro model	31/12/2024	15/05/2025	20/05/2025	French	PDF
Micro model	31/12/2023	21/06/2024	01/07/2024	French	PDF
Micro model	31/12/2022	08/06/2023	28/06/2023	French	PDF
Micro model	31/12/2021	20/06/2022	25/08/2022	French	PDF
Abridged model	31/12/2020	17/06/2021	20/08/2021	French	PDF
Abridged model	31/12/2019	22/06/2020	17/08/2020	French	PDF
Abridged model	31/12/2018	24/06/2019	06/08/2019	French	PDF
Abridged model	31/12/2017	29/06/2018	22/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	24/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	20/08/2016	French	PDF
Abridged model	31/12/2014	25/06/2015	20/07/2015	French	PDF
Abridged model	31/12/2013	13/06/2014	12/07/2014	French	PDF
Abridged model	31/12/2012	24/06/2013	29/07/2013	French	PDF
Abridged model	31/12/2011	20/06/2012	25/07/2012	French	PDF
Abridged model	31/12/2010	24/06/2011	25/07/2011	French	PDF
Abridged model	31/12/2009	25/06/2010	16/08/2010	French	PDF
Abridged model	31/12/2008	11/05/2009	16/06/2009	French	PDF
Abridged model	31/12/2007	13/05/2008	28/05/2008	French	PDF
Abridged model	31/12/2006	14/05/2007	10/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 18 ended

Active mandates

ALAIN COLARD

Mandate

Active

LAURENT BANDIN

Mandate

Active

Ended mandates

A Colard

Director · since 19 décembre 2019

Ended

BUREAU INGENIEUR MAHY

Manager · since 21 décembre 2017 · 0683.611.161

Represented by Xavier Mahy

Ended

Franck Martin

Director · since 30 juin 2017 · until 19 décembre 2019

Ended

Franck Martin

Manager · since 30 juin 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates20/01/2021
DENOMINATION - CAPITAL, ACTIONS - MODIFICATION FORME JURIDIQUE
PDF
Mandates04/02/2020
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates04/01/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates14/12/2017
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Capital / shares03/11/2015
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates30/10/2009
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates13/03/2006
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 202565,7 k €↓
2024
Annual accounts 202492,4 k €↑
2023
Annual accounts 202356,4 k €↑
2022
Annual accounts 202245,1 k €↓
2021
Annual accounts 202165 k €↑
2020
Annual accounts 202020,9 k €↑
2019
Annual accounts 201915,7 k €↑
2018
Annual accounts 2018-1,7 k €↑
2017
Annual accounts 2017-8,3 k €↓
2016
Annual accounts 20161,6 k €↓
2015
Annual accounts 20153,5 k €↑
2014
Annual accounts 20141,7 k €↓
2013
Annual accounts 201336,7 k €↑
2012
Annual accounts 2012-68 k €↓
2011
Annual accounts 201110,1 k €↑
2010
Annual accounts 2010-16,6 k €↓
2009
Annual accounts 2009-163,3 €↓
2008
Annual accounts 20082 k €↓
2007
Annual accounts 20073,9 k €↑
2006
Annual accounts 2006-22,9 k €
30/06/2003
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

LB CONSULT

Overview

What does LB CONSULT do?

Trend over 20 financial years

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