ACTIVE

LNH

Financial year 2025 · closed on 30/09/2025
Net result
52,2 k €
+2498.7% YoY
Gross margin
1 M €
+19.4% YoY
Equity
1,3 M €
+4.2% YoY
Workforce
9,5 ETP
+11.8% YoY

What does LNH do?

LNH is a Private limited company incorporated in 2007. Its main activity is: Retail sale of music and video recordings in specialised stores. Its registered office is in Dendermonde. It employs on average 9,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0893.612.302
Incorporation
13/11/2007
Legal form
Private limited company
Registered office
Scheldedijk 52
9200 Dendermonde · FlandreSee on map
Contributed capital
83 600,00 €
Latest accounts
30/09/2025
Average workforce
9,5 ETP
Joint committees (2)
  • 14904
  • 201
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120192018201720162015201420132012201120102009
Income statement
Gross margin1 M €869,5 k €733,5 k €1,3 M €1,9 M €692,6 k €265,6 k €175 k €74,4 k €55,4 k €32,6 k €64,7 k €48 k €47,9 k €29,8 k €42,6 k €
EBITDA391,4 k €344,9 k €176,1 k €643,6 k €1,2 M €525,6 k €122,7 k €115,8 k €52,9 k €41 k €20,2 k €23,1 k €40 k €41,3 k €23,6 k €38,3 k €
Operating result186,4 k €134,8 k €-24,5 k €359,3 k €973,1 k €229,4 k €87,7 k €35,1 k €45,1 k €22,6 k €17,3 k €18,4 k €13,5 k €13,2 k €7 k €9,1 k €
Net result52,2 k €2 k €-104,3 k €154,3 k €881,5 k €107,5 k €68,9 k €8,9 k €18,9 k €3,8 k €526 €8,6 k €2,4 k €3,3 k €390,9 €3,2 k €
Balance sheet
Equity1,3 M €1,2 M €1,2 M €1,3 M €1,2 M €313,4 k €205,9 k €125,6 k €51,7 k €32,1 k €27,7 k €26,5 k €17,2 k €14,1 k €10,8 k €10,4 k €
Total assets4,5 M €4,6 M €5 M €4,4 M €4,4 M €3,2 M €1,5 M €1,2 M €589,8 k €303,4 k €257,2 k €377,7 k €254 k €198,8 k €215,8 k €187,3 k €
Cash781,6 k €791 k €711,6 k €339,9 k €384,3 k €122,3 k €119,6 k €52,7 k €90,7 k €59 k €33,6 k €53,6 k €56,2 k €8,5 k €6,4 k €4,2 k €
Debts3,2 M €3,4 M €3,7 M €3 M €3,2 M €2,9 M €1,3 M €1 M €536,4 k €269,1 k €227,7 k €349,4 k €235 k €182,6 k €205 k €176,8 k €
Other
Workforce9,5 ETP8,5 ETP8,3 ETP11,3 ETP7,1 ETP3,1 ETP2,8 ETP1,0 ETP0,5 ETP0,5 ETP
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 30/09/2025 · 1 active · 10 ended

Active mandates

SPANADRA

Director · since 23 décembre 2020 · 0879.598.176

Represented by Nikolas Van der Veken

Active

Ended mandates

Debrimo

Manager · since 19 novembre 2012 · 0824.299.268

Represented by Dries Seynaeve

Ended
SPANADRA

Manager · since 19 novembre 2012 · 0879.598.176

Represented by Nikolas Van der Veken

Ended
SPANADRA

Manager · since 19 novembre 2012 · 0879.598.176

Represented by Nikolas Van der Veken

Ended
Dries Seynaeve

Manager · since 13 novembre 2007 · until 19 novembre 2012

Ended
At this address

Other companies at this address

CompanyCBE no.
ANDActive
0775.772.148
ATXActive
0789.461.719
MSKTNActive
0798.224.777
SPANADRAActive
0879.598.176
Annual accounts

Full financial information

202520242023202220212019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/01/202001/01/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202131/12/2019
Length of the financial year12 months12 months12 months12 months21 months12 months
Filing date28/04/202630/04/202519/04/202429/04/202328/04/202205/10/2020
General meeting11/02/202612/02/202514/02/202408/02/202309/02/202213/05/2020
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202511/02/202628/04/2026DutchPDF
Abridged model30/09/202412/02/202530/04/2025DutchPDF
Abridged model30/09/202314/02/202419/04/2024DutchPDF
Abridged model30/09/202208/02/202329/04/2023DutchPDF
Abridged model30/09/202109/02/202228/04/2022DutchPDF
Abridged model31/12/201913/05/202005/10/2020DutchPDF
Abridged model31/12/201808/05/201916/07/2019DutchPDF
Abridged model31/12/201709/05/201804/06/2018DutchPDF
Abridged model31/12/201610/05/201707/06/2017DutchPDF
Abridged model31/12/201511/05/201607/06/2016DutchPDF
Abridged model31/12/201413/05/201505/06/2015DutchPDF
Abridged model31/12/201304/06/201415/07/2014DutchPDF
Abridged model31/12/201229/05/201320/08/2013DutchPDF
Abridged model20/11/201130/05/201217/07/2012DutchPDF
Abridged model20/11/201011/05/201126/08/2011DutchPDF
Abridged model20/11/200912/05/201013/09/2010DutchPDF
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 30/09/2025 · 1 active · 10 ended

Active mandates

SPANADRA

Director · since 23 décembre 2020 · 0879.598.176

Represented by Nikolas Van der Veken

Active

Ended mandates

Debrimo

Manager · since 19 novembre 2012 · 0824.299.268

Represented by Dries Seynaeve

Ended
SPANADRA

Manager · since 19 novembre 2012 · 0879.598.176

Represented by Nikolas Van der Veken

Ended
SPANADRA

Manager · since 19 novembre 2012 · 0879.598.176

Represented by Nikolas Van der Veken

Ended
Dries Seynaeve

Manager · since 13 novembre 2007 · until 19 novembre 2012

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office09/11/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office18/06/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/01/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Capital / shares12/09/2017
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring30/10/2013
    BENAMING - MAATSCHAPPELIJKE ZETEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates15/10/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/12/2012
    ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates23/01/2009
    ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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. 2025
    Annual accounts 202552,2 k €
  2. 2024
    Annual accounts 20242 k €
  3. 2023
    Annual accounts 2023-104,3 k €
  4. 2022
    Annual accounts 2022154,3 k €
  5. 2021
    Annual accounts 2021881,5 k €
  6. 2019
    Annual accounts 2019107,5 k €
  7. 2018
    Annual accounts 201868,9 k €
  8. 2017
    Annual accounts 20178,9 k €
  9. 2016
    Annual accounts 201618,9 k €
  10. 2015
    Annual accounts 20153,8 k €
  11. 2014
    Annual accounts 2014526 €
  12. 2013
    Annual accounts 20138,6 k €
  13. 2012
    Annual accounts 20122,4 k €
  14. 2011
    Annual accounts 20113,3 k €
  15. 2010
    Annual accounts 2010390,9 €
  16. 2009
    Annual accounts 20093,2 k €
  17. 13/11/2007
    IncorporationPrivate limited company