ACTIVE

LOCHTEN & GERMEAU

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Financial year 2025 · Closed on 31/12/2025

Net result66,8 k €+84,8 %over 1 year

Gross margin1,3 M €+7,5 %over 1 year

Equity1,9 M €+2,4 %over 1 year

Workforce15,1 ETP-3,2 %over 1 year

Identity

Source · BCE/KBO

LOCHTEN & GERMEAU is a Public limited company incorporated in 2005. Its main activity is: Manufacture of other builders' carpentry and joinery. Its registered office is in Forest. It employs on average 15,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0877.425.376
Incorporation: 22/11/2005
Legal form: Public limited company
Registered office: Boulevard de l'Humanité 51
1190 Forest · BruxellesSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 15,1 ETP

Activities (NACE)

16230Manufacture of other builders' carpentry and joinery· main 16230Manufacture of other builders' carpentry and joinery 46732Wholesale of wood, construction materials and sanitary equipment 46832Wholesale trade, except of motor vehicles and motorcycles 51531Air transport 16100Sawmilling and planing of wood+7

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,3 M €	+7.5%	1,2 M €	-11.6%	1,4 M €	-17.4%	1,6 M €	-8.3%	1,8 M €
EBITDA	216,1 k €	+15.1%	187,7 k €	-33.2%	281,2 k €	-54.1%	613,2 k €	-31.9%	900,1 k €
Operating result	18,9 k €	+197%	-19,5 k €	-126%	75,5 k €	-79.1%	361,5 k €	-43.4%	638,6 k €
Net result	66,8 k €	+84.8%	36,2 k €	-64.2%	101 k €	-70.5%	342,5 k €	-40.9%	580 k €
Balance sheet
Equity	1,9 M €	+2.4%	1,9 M €	+0.7%	1,9 M €	+5.4%	1,8 M €	+14.2%	1,6 M €
Total assets	2,9 M €	+9.4%	2,7 M €	-4.4%	2,8 M €	-8.9%	3,1 M €	-1.4%	3,1 M €
Cash	177,6 k €	+108%	85,2 k €	+4.9%	81,2 k €	+14.6%	70,8 k €	-74.7%	280,5 k €
Debts	973,8 k €	+26.8%	768 k €	-14.9%	902,1 k €	-28.8%	1,3 M €	-17.6%	1,5 M €
Other
Workforce	15,1 ETP	-3.2%	15,6 ETP	-7.1%	16,8 ETP	-0.6%	16,9 ETP	+1.8%	16,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 19 ended

Active mandates

Christian De Doncker

Managing director · since 02 juin 2025 · until 02 juin 2031

Active

Loic De Doncker

Managing director · since 02 juin 2025 · until 02 juin 2031

Active

Nicolas De Doncker

Director · since 02 juin 2025 · until 02 juin 2031

Active

Thomas Simon

Director · since 02 juin 2025 · until 02 juin 2031

Active

Ended mandates

Christian De Doncker

Managing director · since 21 novembre 2019 · until 02 juin 2025

Ended

Loïc DE DONCKER

Director · since 21 novembre 2019 · until 02 juin 2025

Ended

Loïc DE DONCKER

Managing director · since 21 novembre 2019 · until 02 juin 2025

Ended

Nicolas DE DONCKER

Director · since 24 juin 2019 · until 02 juin 2025

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	19/06/2026	02/07/2025	23/05/2024	03/05/2023	18/05/2022	25/05/2021
General meeting	01/06/2026	02/06/2025	26/04/2024	20/04/2023	12/05/2022	21/05/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	19/06/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	02/07/2025	French	PDF
Abridged model	31/12/2023	26/04/2024	23/05/2024	French	PDF
Abridged model	31/12/2022	20/04/2023	03/05/2023	French	PDF
Abridged model	31/12/2021	12/05/2022	18/05/2022	French	PDF
Abridged model	31/12/2020	21/05/2021	25/05/2021	French	PDF
Abridged model	31/12/2019	02/06/2020	09/06/2020	French	PDF
Abridged model	31/12/2018	24/06/2019	26/06/2019	French	PDF
Abridged model	31/12/2017	15/05/2018	18/05/2018	French	PDF
Abridged model	31/12/2016	06/06/2017	19/06/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	09/06/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	12/06/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	25/08/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	07/06/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	20/08/2012	French	PDF
Abridged modelCorrection	31/12/2010	06/06/2011	15/09/2011	French	PDF
Abridged model	31/12/2010	06/06/2011	22/06/2011	French	PDF
Abridged model	31/12/2009	07/06/2010	10/06/2010	French	PDF
Abridged model	31/12/2008	01/06/2009	09/06/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	02/06/2008	French	PDF
Abridged model	31/12/2006	04/06/2007	25/06/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 19 ended

Active mandates

Christian De Doncker

Managing director · since 02 juin 2025 · until 02 juin 2031

Active

Loic De Doncker

Managing director · since 02 juin 2025 · until 02 juin 2031

Active

Nicolas De Doncker

Director · since 02 juin 2025 · until 02 juin 2031

Active

Thomas Simon

Director · since 02 juin 2025 · until 02 juin 2031

Active

Ended mandates

Christian De Doncker

Managing director · since 21 novembre 2019 · until 02 juin 2025

Ended

Loïc DE DONCKER

Director · since 21 novembre 2019 · until 02 juin 2025

Ended

Loïc DE DONCKER

Managing director · since 21 novembre 2019 · until 02 juin 2025

Ended

Nicolas DE DONCKER

Director · since 24 juin 2019 · until 02 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates13/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates08/09/2022
DEMISSIONS, NOMINATIONS
PDF
Other22/03/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET
PDF
Mandates09/12/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates10/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates29/06/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates26/09/2014
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates17/04/2014
DEMISSIONS, NOMINATIONS
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 202566,8 k €↑
2024
Annual accounts 202436,2 k €↓
2023
Annual accounts 2023101 k €↓
2022
Annual accounts 2022342,5 k €↓
2021
Annual accounts 2021580 k €↑
2020
Annual accounts 202092,3 k €↓
2019
Annual accounts 2019210,4 k €↓
2018
Annual accounts 2018224,2 k €↓
2017
Annual accounts 2017286,6 k €↑
2016
Annual accounts 2016268,7 k €↑
2015
Annual accounts 2015140,1 k €↑
2014
Annual accounts 201493,8 k €↑
2013
Annual accounts 201320,1 k €↓
2012
Annual accounts 201231,9 k €↓
2011
Annual accounts 201198,3 k €↑
2010
Annual accounts 2010-44,9 k €↓
2009
Annual accounts 20097 k €↓
2008
Annual accounts 200821,2 k €↓
2007
Annual accounts 200745,1 k €↓
2006
Annual accounts 200659,4 k €
22/11/2005
IncorporationPublic limited company

LOCHTEN & GERMEAU

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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