ACTIVE

LEMAN TWO

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Financial year 2025 · closed on 31/12/2025

Net result

7,7 k €

+136.5% YoY

Gross margin

57 k €

+6.2% YoY

Equity

31,9 k €

+31.9% YoY

What does LEMAN TWO do?

LEMAN TWO is a Public limited company incorporated in 2006. Its registered office is in Sint-Katelijne-Waver.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0880.681.014

Incorporation

31/03/2006

Legal form

Public limited company

Registered office

Mechelsesteenweg(CEN) 2A
2860 Sint-Katelijne-Waver · FlandreSee on map

Contributed capital

110 000,00 €

Latest accounts

31/12/2025

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	57 k €	+6.2%	53,6 k €	-0.2%	53,7 k €	-1.5%	54,6 k €	-7.9%	59,3 k €	+8.7%	54,6 k €	-3.6%	56,6 k €	+2.7%	55,1 k €	-5.8%	58,5 k €	+7.4%	54,5 k €	-3.6%	56,5 k €	-3.6%	58,7 k €	-1.0%	59,3 k €	-5.4%	62,7 k €	+5.9%	59,2 k €	-2.4%	60,6 k €	+5.6%	57,4 k €	+1.9%	56,4 k €	+304%	-27,6 k €
EBITDA	49,9 k €	+6.6%	46,8 k €	-0.4%	47 k €	-3.4%	48,7 k €	-8.8%	53,4 k €	+9.6%	48,7 k €	-4.8%	51,2 k €	+2.9%	49,7 k €	-6.6%	53,2 k €	+10.1%	48,3 k €	-5.7%	51,3 k €	-3.6%	53,2 k €	-1.5%	54 k €	-5.0%	56,8 k €	+6.2%	53,5 k €	-2.8%	55 k €	+6.1%	51,9 k €	+0.6%	51,6 k €	+254%	-33,6 k €
Operating result	13,6 k €	+25.7%	10,8 k €	-3.7%	11,3 k €	-20.7%	14,2 k €	-24.9%	18,9 k €	+31.9%	14,3 k €	-15.2%	16,9 k €	+6.3%	15,9 k €	-21.1%	20,1 k €	+32.2%	15,2 k €	-17.8%	18,5 k €	-9.4%	20,4 k €	-3.9%	21,3 k €	-12.1%	24,2 k €	+15.7%	20,9 k €	-6.9%	22,4 k €	+15.9%	19,4 k €	-62.4%	51,4 k €	+243%	-35,9 k €
Net result	7,7 k €	+137%	3,3 k €	+23734%	13,7 €	-99.8%	5,7 k €	-42.5%	9,9 k €	+104%	4,9 k €	-29.5%	6,9 k €	+25.4%	5,5 k €	-40.1%	9,2 k €	+373%	-3,4 k €	+56.3%	-7,7 k €	-5.7%	-7,3 k €	-0.8%	-7,2 k €	-41.2%	-5,1 k €	+52.9%	-10,9 k €	+10.2%	-12,1 k €	+25.6%	-16,3 k €	-212%	14,5 k €	+119%	-75,9 k €
Balance sheet
Equity	31,9 k €	+31.9%	24,2 k €	+15.6%	20,9 k €	+0.1%	20,9 k €	+37.5%	15,2 k €	+188%	5,3 k €	+1214%	401,5 €	+106%	-6,5 k €	+45.8%	-12 k €	+43.4%	-21,2 k €	-18.9%	-17,9 k €	-75.7%	-10,2 k €	-253%	-2,9 k €	-166%	4,3 k €	-54.1%	9,5 k €	-53.4%	20,3 k €	-37.3%	32,4 k €	-33.4%	48,7 k €	+42.6%	34,1 k €
Total assets	727 k €	-2.9%	748,5 k €	-3.3%	773,9 k €	-3.5%	801,9 k €	-2.6%	823,6 k €	-2.0%	840,8 k €	-2.5%	862,4 k €	-2.2%	881,5 k €	-2.3%	901,9 k €	-3.6%	935,4 k €	-2.4%	958,2 k €	-4.1%	998,7 k €	-2.3%	1 M €	-3.2%	1,1 M €	-1.9%	1,1 M €	-2.2%	1,1 M €	-3.2%	1,1 M €	-2.5%	1,2 M €	+1.2%	1,2 M €
Cash	25,5 k €	+50.7%	16,9 k €	+103%	8,3 k €	-88.0%	69,5 k €	+24.4%	55,8 k €	+43.2%	39 k €	+13.0%	34,5 k €	+37.0%	25,2 k €	+39.9%	18 k €	-2.2%	18,4 k €	-6.7%	19,7 k €	-28.2%	27,5 k €	+60.5%	17,1 k €	-19.1%	21,2 k €	+107%	10,2 k €	+352%	2,3 k €	-75.3%	9,1 k €	+53.9%	5,9 k €	-40.4%	10 k €
Debts	692,2 k €	-4.1%	721,4 k €	-3.8%	750,1 k €	-3.6%	778,1 k €	-3.4%	805,7 k €	-3.2%	832,7 k €	-3.1%	859,2 k €	-2.9%	885,2 k €	-2.8%	911,1 k €	-4.5%	953,9 k €	-2.0%	973,3 k €	-3.3%	1 M €	-1.7%	1 M €	-2.5%	1 M €	-1.5%	1,1 M €	-1.3%	1,1 M €	-1.9%	1,1 M €	-1.2%	1,1 M €	+0.0%	1,1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 16 ended

Active mandates

Anna Maria Van den Eynde

Director

Active

Lucas Paul Naegels

Director

Active

Stijn Reyntiens

Director

Active

Ended mandates

Anna-Maria Van Den Eynde

Director · since 14 mars 2013 · until 14 juin 2018

Ended

Anna-Maria Van Den Eynde

Director · since 14 mars 2013 · until 13 juin 2024

Ended

Kim Naegels

Director · since 14 mars 2013 · until 14 juin 2018

Ended

Kim Naegels

Director · since 14 mars 2013 · until 13 juin 2024

Ended

At this address

Other companies at this address

Company	CBE no.
Naegels● Active	0445.132.109
Vereniging van Mede-eigenaars Residentie De Smissen te Sint-Katelijne-Waver, hoek Lemanstraat - Mechelsesteenweg● Active	0884.600.606

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro 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	08/07/2026	24/07/2025	23/07/2024	31/07/2023	27/07/2022	30/07/2021
General meeting	11/06/2026	30/06/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/06/2026	08/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	24/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	23/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	27/07/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Micro model	31/12/2019	08/09/2020	08/10/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	13/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	27/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	11/06/2015	06/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	13/06/2013	01/07/2013	Dutch	PDF
Abridged model	31/12/2011	14/06/2012	11/07/2012	Dutch	PDF
Abridged model	31/12/2010	09/06/2011	29/06/2011	Dutch	PDF
Abridged model	31/12/2009	10/06/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	11/06/2009	29/07/2009	Dutch	PDF
Abridged model	31/12/2007	12/06/2008	18/07/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 3 active · 16 ended

Active mandates

Anna Maria Van den Eynde

Director

Active

Lucas Paul Naegels

Director

Active

Stijn Reyntiens

Director

Active

Ended mandates

Anna-Maria Van Den Eynde

Director · since 14 mars 2013 · until 14 juin 2018

Ended

Anna-Maria Van Den Eynde

Director · since 14 mars 2013 · until 13 juin 2024

Ended

Kim Naegels

Director · since 14 mars 2013 · until 14 juin 2018

Ended

Kim Naegels

Director · since 14 mars 2013 · until 13 juin 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/03/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/02/2015
KAPITAAL - AANDELEN
PDF
Mandates02/09/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/03/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other24/04/2006
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

2025
Annual accounts 20257,7 k €↑
2024
Annual accounts 20243,3 k €↑
2023
Annual accounts 202313,7 €↓
2022
Annual accounts 20225,7 k €↓
2021
Annual accounts 20219,9 k €↑
2020
Annual accounts 20204,9 k €↓
2019
Annual accounts 20196,9 k €↑
2018
Annual accounts 20185,5 k €↓
2017
Annual accounts 20179,2 k €↑
2016
Annual accounts 2016-3,4 k €↑
2015
Annual accounts 2015-7,7 k €↓
2014
Annual accounts 2014-7,3 k €↓
2013
Annual accounts 2013-7,2 k €↓
2012
Annual accounts 2012-5,1 k €↑
2011
Annual accounts 2011-10,9 k €↑
2010
Annual accounts 2010-12,1 k €↑
2009
Annual accounts 2009-16,3 k €↓
2008
Annual accounts 200814,5 k €↑
2007
Annual accounts 2007-75,9 k €
31/03/2006
IncorporationPublic 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

LEMAN TWO

Overview

What does LEMAN TWO do?

Trend over 19 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