ACTIVE

LGR INTERNATIONAL

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Financial year 2025 · closed on 31/12/2025

Net result

-209 k €

+35.4% YoY

Revenue

24 k €

Equity

-6,3 M €

-3.4% YoY

What does LGR INTERNATIONAL do?

LGR INTERNATIONAL is a Public limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0889.888.985

Incorporation

06/06/2007

Legal form

Public limited company

Registered office

Avenue Louise 287 box 16
1050 Bruxelles · BruxellesSee on map

Contributed capital

6 670 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

Positive cashflow

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Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	24 k €		0 €	-100%	26 k €	+100%	13 k €	+13.0%	11,5 k €	-57.4%	27 k €	-73.0%	100 k €	-96.7%	3 M €		–		–		–		–		–		–		–		–
EBITDA	-716,4 k €	+27.6%	-989,6 k €	+86.6%	-7,4 M €	-247440%	3 k €	+57.9%	1,9 k €	-50.4%	3,8 k €	-2.4%	3,9 k €	-89.9%	38,7 k €	-97.6%	1,6 M €	-6.9%	1,7 M €	+23.8%	1,4 M €	-14.7%	1,6 M €	+141%	675,2 k €	+75.6%	384,6 k €	-24.8%	511,3 k €	-27.7%	707,7 k €
Operating result	-970,5 k €	+27.1%	-1,3 M €	+83.0%	-7,8 M €	-262196%	3 k €	+57.9%	1,9 k €	-50.4%	3,8 k €	+16.5%	3,3 k €	-91.4%	38 k €	-97.6%	1,6 M €	-6.9%	1,7 M €	+23.8%	1,4 M €	-14.7%	1,6 M €	+141%	675,2 k €	+75.6%	384,6 k €	-24.8%	511,3 k €	-27.7%	707,7 k €
Net result	-209 k €	+35.4%	-323,5 k €	+95.8%	-7,7 M €	-27800%	27,8 k €	+100%	-7,1 M €	-5012%	-138,9 k €	-213%	123,4 k €	-22.4%	158,9 k €	-88.0%	1,3 M €	-20.6%	1,7 M €	+43.2%	1,2 M €	+14.0%	1 M €	+226%	312 k €	+44.5%	216 k €	-19.4%	267,8 k €	-35.8%	417,2 k €
Balance sheet
Equity	-6,3 M €	-3.4%	-6,1 M €	-5.6%	-5,7 M €	-394%	2 M €	+1.4%	1,9 M €	-80.4%	9,8 M €	-3.1%	10,1 M €	+1.2%	10 M €	+1.6%	9,8 M €	+15.5%	8,5 M €	+24.2%	6,9 M €	-22.9%	8,9 M €	+12.9%	7,9 M €	+578%	1,2 M €	+22.8%	946,5 k €	+39.5%	678,7 k €
Total assets	30,3 M €	-1.1%	30,6 M €	-10.0%	34 M €	+7.9%	31,5 M €	+7.9%	29,2 M €	-17.9%	35,6 M €	+13.4%	31,4 M €	+2.2%	30,7 M €	-1.3%	31,1 M €	-5.9%	33,1 M €	+5.0%	31,5 M €	+34.2%	23,5 M €	+0.3%	23,4 M €	+29.6%	18,1 M €	+184%	6,4 M €	-8.1%	6,9 M €
Cash	232,2 k €	-27.2%	319,1 k €	-60.2%	801,2 k €	+839%	85,3 k €	-1.6%	86,7 k €	+573%	12,9 k €	-39.5%	21,3 k €	-75.2%	85,9 k €	-34.5%	131 k €	-80.0%	655,5 k €	-6.4%	700,3 k €	+21.6%	575,8 k €	+115%	267,7 k €	-87.1%	2,1 M €	+10132%	20,3 k €	-86.9%	155,6 k €
Debts	27,4 M €	-3.2%	28,3 M €	-12.7%	32,4 M €	+9.4%	29,6 M €	+8.3%	27,3 M €	+5.9%	25,8 M €	+21.2%	21,3 M €	+2.7%	20,7 M €	-2.6%	21,3 M €	-13.3%	24,5 M €	+0.1%	24,5 M €	+70.1%	14,4 M €	-6.3%	15,4 M €	-8.2%	16,8 M €	+218%	5,3 M €	-13.4%	6,1 M €

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 31 ended

Active mandates

Michel Dubois

Director · since 01 janvier 2024 · until 20 juin 2030

Active

Gilles Quaglia

Director · since 26 juin 2018 · until 20 juin 2030

Active

Philippe Ratte

Director · since 26 juin 2018 · until 20 juin 2030

Active

Torben Reine

Director · since 26 juin 2018 · until 20 juin 2030

Active

Ended mandates

Gilles QUAGLIA

Director · since 01 janvier 2024 · until 31 décembre 2029

Ended

Michel DUBOIS

Director · since 01 janvier 2024 · until 31 décembre 2029

Ended

Philippe RATTE

Director · since 01 janvier 2024 · until 31 décembre 2029

Ended

Torben REINE

Director · since 01 janvier 2024 · until 31 décembre 2029

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	30/07/2026	17/07/2025	23/07/2024	31/08/2023	30/09/2022	31/08/2021
General meeting	18/06/2026	16/06/2025	20/06/2024	15/06/2023	16/06/2022	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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	18/06/2026	30/07/2026	French	PDF
Full model	31/12/2024	16/06/2025	17/07/2025	French	PDF
Full model	31/12/2023	20/06/2024	23/07/2024	French	PDF
Full model	31/12/2022	15/06/2023	31/08/2023	French	PDF
Full model	31/12/2021	16/06/2022	30/09/2022	French	PDF
Full model	31/12/2020	17/06/2021	31/08/2021	French	PDF
Full model	31/12/2019	18/06/2020	24/08/2020	French	PDF
Full model	31/12/2018	20/06/2019	22/07/2019	French	PDF
Full model	31/12/2017	21/06/2018	29/06/2018	French	PDF
Full model	31/12/2016	22/06/2017	30/06/2017	French	PDF
Abridged model	31/12/2015	10/06/2016	27/07/2016	French	PDF
Abridged model	31/12/2014	12/06/2015	30/07/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	23/07/2014	French	PDF
Abridged model	31/12/2012	14/06/2013	15/07/2013	French	PDF
Abridged model	31/12/2011	08/06/2012	31/07/2012	French	PDF
Abridged model	31/12/2010	10/06/2011	26/08/2011	French	PDF
Abridged model	31/12/2009	11/06/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	12/06/2009	27/07/2009	French	PDF

Estimate

Indicative valuation

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 · 4 active · 31 ended

Active mandates

Michel Dubois

Director · since 01 janvier 2024 · until 20 juin 2030

Active

Gilles Quaglia

Director · since 26 juin 2018 · until 20 juin 2030

Active

Philippe Ratte

Director · since 26 juin 2018 · until 20 juin 2030

Active

Torben Reine

Director · since 26 juin 2018 · until 20 juin 2030

Active

Ended mandates

Gilles QUAGLIA

Director · since 01 janvier 2024 · until 31 décembre 2029

Ended

Michel DUBOIS

Director · since 01 janvier 2024 · until 31 décembre 2029

Ended

Philippe RATTE

Director · since 01 janvier 2024 · until 31 décembre 2029

Ended

Torben REINE

Director · since 01 janvier 2024 · until 31 décembre 2029

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office10/07/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - SIEGE SOCIAL
PDF
Mandates26/02/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates22/05/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office08/05/2018
SIEGE SOCIAL
PDF
Other29/08/2017
ASSEMBLEE GENERALE
PDF
Mandates13/04/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates26/01/2017
DEMISSIONS, NOMINATIONS
PDF
Registered office26/01/2017
SIEGE SOCIAL
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 2025-209 k €↑
2024
Annual accounts 2024-323,5 k €↑
2023
Annual accounts 2023-7,7 M €↓
2022
Annual accounts 202227,8 k €↑
2021
Annual accounts 2021-7,1 M €↓
2018
Annual accounts 2018-138,9 k €↓
2017
Annual accounts 2017123,4 k €↓
2016
Annual accounts 2016158,9 k €↓
2015
Annual accounts 20151,3 M €↓
2014
Annual accounts 20141,7 M €↑
2013
Annual accounts 20131,2 M €↑
2012
Annual accounts 20121 M €↑
2011
Annual accounts 2011312 k €↑
2010
Annual accounts 2010216 k €↓
2009
Annual accounts 2009267,8 k €↓
2008
Annual accounts 2008417,2 k €
06/06/2007
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

LGR INTERNATIONAL

Overview

What does LGR INTERNATIONAL do?

Trend over 16 financial years

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