ACTIVE

L.C.M-A

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Financial year 2025 · Closed on 31/12/2025

Net result2,8 M €+4 545,7 %over 1 year

Gross margin511,7 k €+51,6 %over 1 year

Equity8,1 M €+54,6 %over 1 year

Workforce1,9 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

L.C.M-A is a Private limited company incorporated in 2006. Its main activity is: Retail sale of other household equipment in specialised stores. Its registered office is in Dour. It employs on average 1,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0884.615.353
Incorporation: 27/10/2006
Legal form: Private limited company
Registered office: Rue de la Corderie 29
7370 Dour · WallonieSee on map
Contributed capital: 2 222 000,00 €
Latest accounts: 31/12/2025
Average workforce: 1,9 ETP

Activities (NACE)

47551Retail sale of other household equipment in specialised stores· main 47591Retail sale of furniture, lighting equipment and other household articles in specialised stores 72400Scientific research and development 82920Packaging activities 82920Packaging activities 47551Retail sale of other household equipment in specialised stores+3

Joint committees (2)

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	511,7 k €	+51.6%	337,4 k €	-51.9%	700,8 k €	+71.9%	407,6 k €	+141%	169,4 k €
EBITDA	461,3 k €	+54.6%	298,4 k €	-52.9%	633,5 k €	+97.1%	321,4 k €	+211%	103,5 k €
Operating result	323,3 k €	+94.1%	166,5 k €	-67.2%	507 k €	+149%	203,9 k €	+13957%	-1,5 k €
Net result	2,8 M €	+4546%	61,2 k €	-77.8%	276,2 k €	+2.7%	268,9 k €	+196%	91 k €
Balance sheet
Equity	8,1 M €	+54.6%	5,2 M €	+1.2%	5,1 M €	-4.2%	5,4 M €	+5.3%	5,1 M €
Total assets	11,5 M €	+5.7%	10,9 M €	-28.3%	15,2 M €	+10.5%	13,8 M €	+27.5%	10,8 M €
Cash	649,1 k €	-37.9%	1 M €	+84.4%	566,5 k €	-81.8%	3,1 M €	+3053%	98,6 k €
Debts	3,5 M €	-38.9%	5,7 M €	-43.3%	10 M €	+19.7%	8,4 M €	+47.3%	5,7 M €
Other
Workforce	1,9 ETP	0.0%	1,9 ETP	-5.0%	2,0 ETP	+5.3%	1,9 ETP	0.0%	1,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Solutions Engineering Management SARL S. Etr.	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Solutions Engineering Management SARLRepresented by César Hulin	Director01/04/2019 → 2020 accounts
César Hulin	Directoruntil 01/04/2019Manager2018 accounts
Solutions Engineering Management SARL0738.734.380Represented by Laura Hulin	Director2023 accounts

Other companies at this address

Rue de la Corderie 29 7370 Dour

Company	CBE no.
NORD PRINT● Active	0674.412.096

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	30/09/2026	22/07/2025	02/07/2024	31/08/2023	20/05/2022	11/06/2021
General meeting	28/09/2026	18/07/2025	21/06/2024	31/07/2023	03/05/2022	03/05/2021
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/09/2026	30/09/2026	French	PDF
Abridged model	31/12/2024	18/07/2025	22/07/2025	French	PDF
Abridged model	31/12/2023	21/06/2024	02/07/2024	French	PDF
Abridged model	31/12/2022	31/07/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	03/05/2022	20/05/2022	French	PDF
Abridged model	31/12/2020	03/05/2021	11/06/2021	French	PDF
Abridged model	31/12/2019	04/05/2020	12/06/2020	French	PDF
Abridged model	31/12/2018	19/03/2019	22/03/2019	French	PDF
Abridged model	31/12/2017	04/06/2018	04/06/2018	French	PDF
Abridged model	31/12/2016	03/05/2017	29/05/2017	French	PDF
Abridged model	31/12/2015	03/05/2016	23/08/2016	French	PDF
Abridged model	31/12/2014	05/10/2015	23/12/2015	French	PDF
Abridged model	31/12/2013	06/05/2014	03/06/2015	French	PDF
Abridged model	31/12/2012	03/05/2013	24/09/2013	French	PDF
Abridged model	31/12/2011	18/12/2012	06/02/2013	French	PDF
Abridged model	31/12/2010	03/05/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	03/05/2010	20/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	22/01/2010	French	PDF
Abridged model	31/12/2007	03/05/2008	31/01/2009	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Solutions Engineering Management SARL S. Etr.	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Solutions Engineering Management SARLRepresented by César Hulin	Director01/04/2019 → 2020 accounts
César Hulin	Directoruntil 01/04/2019Manager2018 accounts
Solutions Engineering Management SARL0738.734.380Represented by Laura Hulin	Director2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office29/06/2023
SIEGE SOCIAL
PDF
Restructuring18/01/2023
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring27/10/2022
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates12/04/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates28/05/2020
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates13/12/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office23/02/2017
SIEGE SOCIAL
PDF
Capital / shares09/11/2010
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Solutions Engineering Management SARL S. Etr.

Solutions Engineering Management SARL

César Hulin

200620072008200920102011201220132014201520162017201820192020202120222023202420252026

L.C.M-A

Rue de la Corderie 29, 7370 DourAvenue Louise 541 bte 1, 1000 Brussels

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de la Corderie 29, 7370 DourCurrent	accounts 2025	Accounts 2025 · 2026-00533021
Avenue Louise 541 bte 1, 1000 Brussels	accounts 2023 → 2024	Accounts 2024 · 2025-00292802
Rue de la Corderie 29, 7370 Dour	accounts 2022	Accounts 2022 · 2023-00442104
Avenue Louise 541 bte 1, 1000 Brussels	accounts 2021	Accounts 2021 · 2022-20033589

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
L.C.M-ACurrent	accounts 2007 → 2025	Accounts 2025 · 2026-00533021

Events

2025
Annual accounts 20252,8 M €↑
2024
Annual accounts 202461,2 k €↓
2023
Annual accounts 2023276,2 k €↑
2022
Annual accounts 2022268,9 k €↑
2021
Annual accounts 202191 k €↑
2020
Annual accounts 2020-75,6 k €↓
2019
Annual accounts 2019-28,9 k €↓
2018
Annual accounts 2018157,6 k €↓
2017
Annual accounts 2017245,4 k €↑
2016
Annual accounts 2016-33,1 k €↓
2015
Annual accounts 20158 k €↑
2014
Annual accounts 2014-35,1 k €↑
2013
Annual accounts 2013-88,6 k €↓
2012
Annual accounts 2012730,3 k €↑
2011
Annual accounts 2011374,4 k €↓
2010
Annual accounts 2010667 k €↑
2009
Annual accounts 2009469,3 k €↑
2008
Annual accounts 2008464,6 k €↑
2007
Annual accounts 2007336,5 k €
27/10/2006
IncorporationPrivate limited company

L.C.M-A

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events