ACTIVE

LessIsMore

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Financial year 2024 · closed on 31/12/2024
Net result
64,7 k €
-4.3% YoY
Gross margin
87,6 k €
+0.3% YoY
Equity
102,8 k €
+4.8% YoY

What does LessIsMore do?

LessIsMore is a Private company with limited liability incorporated in 2006. Its main activity is: Computer consultancy activities. Its registered office is in Destelbergen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0882.212.723
Incorporation
20/06/2006
Legal form
Private company with limited liability
Registered office
Haenhoutstraat 179
9070 Destelbergen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities74142Specialised design activities47252Retail sale of beverages in specialised stores47252Retail sale of beverages in specialised stores52250Support activities for transportation+5
Signals
ProfitableLow riskPositive cashflowPositive EBITDA
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2024202320222021202020192018201420132012201120102009200820072006
Income statement
Gross margin87,6 k €87,3 k €70,6 k €96,8 k €64,2 k €79,1 k €11,7 k €80,7 k €89,3 k €15,8 k €47,7 k €21,6 k €62,5 k €81,6 k €68,1 k €41,5 k €
EBITDA85 k €84,8 k €68,6 k €92,8 k €59,5 k €72,5 k €5,7 k €71,9 k €86,7 k €13,8 k €44,9 k €19,5 k €24,8 k €21,8 k €67,3 k €41 k €
Operating result69,1 k €72,2 k €61,4 k €86,9 k €40,7 k €53,1 k €-10,9 k €-1,7 k €15 k €-56,7 k €27,1 k €1,9 k €7,6 k €5,4 k €53,7 k €36,8 k €
Net result64,7 k €67,6 k €43,6 k €75,5 k €32,9 k €42,6 k €251 k €-16,6 k €6,1 k €-67,7 k €8,4 k €-3,5 k €351,9 €-8 k €42,9 k €25,1 k €
Balance sheet
Equity102,8 k €98,1 k €150,5 k €131,9 k €131,4 k €130,5 k €129,9 k €-24,3 k €-7,7 k €-13,8 k €53,9 k €45,5 k €49 k €48,7 k €56,6 k €43,7 k €
Total assets526,3 k €486 k €498,9 k €478,4 k €426,8 k €411,6 k €439,2 k €581,4 k €627,2 k €658,1 k €239,7 k €240,7 k €312,2 k €263,2 k €240,2 k €208,2 k €
Cash73,1 k €69 k €47,4 k €52,3 k €81,5 k €32,4 k €12,5 k €42,2 k €15,3 k €12,3 k €12,4 k €12,9 k €66,3 k €10,4 k €12,9 k €19,1 k €
Debts423,5 k €387,9 k €302,5 k €300,7 k €249,6 k €234,2 k €262,4 k €605,7 k €634,9 k €671,9 k €185,8 k €195,2 k €171,7 k €157,8 k €183,6 k €163,9 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 31/12/2024 · 2 active · 2 ended

Active mandates

Carl Rochlitz

Manager

Active
Ilse Michielsen

Manager

Active

Ended mandates

Ilse Michielsen

Manager · since 01 juin 2012

Ended
Carl Rochlitz

Manager · since 20 juin 2006

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202530/09/202431/10/202331/08/202231/10/202128/11/2020
General meeting30/06/202530/06/202430/06/202330/06/202230/06/202108/09/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/06/202530/09/2025DutchPDF
Micro model31/12/202330/06/202430/09/2024DutchPDF
Micro model31/12/202230/06/202331/10/2023DutchPDF
Micro model31/12/202130/06/202231/08/2022DutchPDF
Micro model31/12/202030/06/202131/10/2021DutchPDF
Micro model31/12/201908/09/202028/11/2020DutchPDF
Micro model31/12/201830/06/201930/07/2019DutchPDF
Micro model31/12/201725/06/201826/07/2018DutchPDF
Micro model31/12/201626/06/201713/07/2017DutchPDF
Abridged model31/12/201521/09/201603/10/2016DutchPDF
Abridged model31/12/201429/06/201522/09/2015DutchPDF
Abridged model31/12/201330/06/201416/07/2014DutchPDF
Abridged model31/12/201224/06/201316/09/2013DutchPDF
Abridged model31/12/201125/06/201224/08/2012DutchPDF
Abridged model31/12/201027/06/201102/07/2011DutchPDF
Abridged model31/12/200928/06/201009/07/2010DutchPDF
Abridged model31/12/200829/06/200910/08/2009DutchPDF
Abridged model31/12/200730/06/200807/08/2008DutchPDF
Abridged model31/12/200625/06/200730/07/2007DutchPDF
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 31/12/2024 · 2 active · 2 ended

Active mandates

Carl Rochlitz

Manager

Active
Ilse Michielsen

Manager

Active

Ended mandates

Ilse Michielsen

Manager · since 01 juin 2012

Ended
Carl Rochlitz

Manager · since 20 juin 2006

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office02/06/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office03/10/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office15/06/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/07/2006
    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

Timeline

  1. 2024
    Annual accounts 202464,7 k €↓
  2. 2023
    Annual accounts 202367,6 k €↑
  3. 2022
    Annual accounts 202243,6 k €↓
  4. 2021
    Annual accounts 202175,5 k €↑
  5. 2020
    Annual accounts 202032,9 k €↓
  6. 2019
    Annual accounts 201942,6 k €↓
  7. 2018
    Annual accounts 2018251 k €↑
  8. 2014
    Annual accounts 2014-16,6 k €↓
  9. 2013
    Annual accounts 20136,1 k €↑
  10. 2012
    Annual accounts 2012-67,7 k €↓
  11. 2011
    Annual accounts 20118,4 k €↑
  12. 2010
    Annual accounts 2010-3,5 k €↓
  13. 2009
    Annual accounts 2009351,9 €↑
  14. 2008
    Annual accounts 2008-8 k €↓
  15. 2007
    Annual accounts 200742,9 k €↑
  16. 2006
    Annual accounts 200625,1 k €
  17. 20/06/2006
    IncorporationPrivate company with limited liability