What does LVD COMPANY do?

LVD COMPANY is a machinery manufacturer in Wevelgem. Public Limited, started on 25 January 1952, 1 establishment.

What is the address of LVD COMPANY?

The registered office of LVD COMPANY is located at Nijverheidslaan 2, 8560 Wevelgem.

Is LVD COMPANY still active?

Yes. According to the CBE (29 October 2026) LVD COMPANY is active, legal situation “Normale toestand”, started on 25 January 1952.

Is LVD COMPANY registered on Peppol?

Yes, LVD COMPANY is registered on the Peppol network with ID 0208:0405350231.

What is the enterprise number of LVD COMPANY?

The enterprise number of LVD COMPANY is BE0405350231.

When was LVD COMPANY founded?

LVD COMPANY was founded on 25 January 1952.

Is LVD COMPANY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 January 1952; 5 annual accounts filed, latest fiscal year 2025; 7 directors known from the annual account.

How much profit did LVD COMPANY make in 2025?

LVD COMPANY posted a profit after taxes of € 281,495 in financial year 2025.

What is the revenue of LVD COMPANY?

In its most recent annual accounts (2025), LVD COMPANY reported revenue of € 164,511,874.

How much does an employee at LVD COMPANY earn?

The average wage cost per full-time employee at LVD COMPANY was € 87,400 in 2025: staff costs of € 33.1 million for 378.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does LVD COMPANY have?

According to the 2025 annual accounts, LVD COMPANY has 378.5 full-time equivalents (FTE).

LVD COMPANY (Public Limited) - Wevelgem - BE0405350231

Q: Who are the directors of LVD COMPANY?

According to the 2025 annual accounts, the directors of LVD COMPANY are: Jean-Pierre Lefebvre, CD-X BV, LD Advies BV, Midelco NV, Admodum BV, Francis Van Neste, Gehrels Consulting Gmbh BO.

Dossier LVD COMPANY, printed on 29 October 2026 from databakkes.be/en/0405350231/lvd-company. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

LVD COMPANY from Wevelgem, company number BE0405350231, closed financial year 2025 with a result of € 281,495 after tax. For that financial year LVD COMPANY recorded revenue of € 164.5 million and equity of € 55.1 million. Compared with financial year 2024, the result moved from € 3.2 million to € 281,495. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.

What it is worth Growing

€ 55.1 million

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 281,495

▼ 91% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.6 million

▼ 32% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 39.3 million.

People and assets in 2025

Full-time equivalents

378.5

▼ 1.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 25.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 33.1 million

▲ 3% vs 2024

€ 87,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 532,097

▼ 62% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 26.6 million

▼ 7% vs 2024

€ 3.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 49.6 million

▲ 19% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 142 days on average.

Taxes and wages

€ 4.3 million

▼ 6% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 173,371,118 Revenue 2022: € 173,371,118 First fiscal year in the series	€ 193,069,771 Revenue 2023: € 193,069,771 ▲ 11% vs 2022 (€ 173,371,118) Favourable step	€ 153,798,833 Revenue 2024: € 153,798,833 ▼ 20% vs 2023 (€ 193,069,771) Unfavourable step	€ 164,511,874 Revenue 2025: € 164,511,874 ▲ 7% vs 2024 (€ 153,798,833) Favourable step	▲ 7%
Profit after taxes	€ 4,847,679 Profit after taxes 2022: € 4,847,679 First fiscal year in the series	€ 6,364,597 Profit after taxes 2023: € 6,364,597 ▲ 31% vs 2022 (€ 4,847,679) Favourable step	€ 3,207,858 Profit after taxes 2024: € 3,207,858 ▼ 50% vs 2023 (€ 6,364,597) Unfavourable step	€ 281,495 Profit after taxes 2025: € 281,495 ▼ 91% vs 2024 (€ 3,207,858) Unfavourable step	▼ 91%
Equity	€ 48,074,313 Equity 2022: € 48,074,313 First fiscal year in the series	€ 52,148,478 Equity 2023: € 52,148,478 ▲ 8% vs 2022 (€ 48,074,313) Favourable step	€ 54,797,755 Equity 2024: € 54,797,755 ▲ 5% vs 2023 (€ 52,148,478) Favourable step	€ 55,079,250 Equity 2025: € 55,079,250 ▲ 1% vs 2024 (€ 54,797,755) Favourable step	▲ 1%
Total debts	€ 85,710,573 Total debts 2022: € 85,710,573 First fiscal year in the series	€ 92,438,180 Total debts 2023: € 92,438,180 ▲ 8% vs 2022 (€ 85,710,573) Unfavourable step	€ 92,314,819 Total debts 2024: € 92,314,819 Unchanged (€ 92,438,180) Favourable step	€ 92,885,087 Total debts 2025: € 92,885,087 ▲ 1% vs 2024 (€ 92,314,819) Unfavourable step	▲ 1%
Cash	€ 3,064,966 Cash 2022: € 3,064,966 First fiscal year in the series	€ 4,736,064 Cash 2023: € 4,736,064 ▲ 55% vs 2022 (€ 3,064,966) Favourable step	€ 3,797,709 Cash 2024: € 3,797,709 ▼ 20% vs 2023 (€ 4,736,064) Unfavourable step	€ 2,574,656 Cash 2025: € 2,574,656 ▼ 32% vs 2024 (€ 3,797,709) Unfavourable step	▼ 32%
Land & buildings	€ 9,968,637 Land & buildings 2022: € 9,968,637 First fiscal year in the series	€ 11,604,289 Land & buildings 2023: € 11,604,289 ▲ 16% vs 2022 (€ 9,968,637) Unchanged	€ 11,817,149 Land & buildings 2024: € 11,817,149 ▲ 2% vs 2023 (€ 11,604,289) Unchanged	€ 11,705,472 Land & buildings 2025: € 11,705,472 ▼ 1% vs 2024 (€ 11,817,149) Unchanged	▼ 1%
Retained profit	€ 32,313,945 Retained profit 2022: € 32,313,945 First fiscal year in the series	€ 36,388,110 Retained profit 2023: € 36,388,110 ▲ 13% vs 2022 (€ 32,313,945) Favourable step	€ 39,037,387 Retained profit 2024: € 39,037,387 ▲ 7% vs 2023 (€ 36,388,110) Favourable step	€ 39,318,882 Retained profit 2025: € 39,318,882 ▲ 1% vs 2024 (€ 39,037,387) Favourable step	▲ 1%
Dividend	€ 1,905,109 Dividend 2022: € 1,905,109 First fiscal year in the series	€ 2,290,432 Dividend 2023: € 2,290,432 ▲ 20% vs 2022 (€ 1,905,109) Unchanged	€ 558,581 Dividend 2024: € 558,581 ▼ 76% vs 2023 (€ 2,290,432) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 558,581) Unchanged	▼ 100%
Bank debt	€ 17,981,444 Bank debt 2022: € 17,981,444 First fiscal year in the series	€ 29,665,360 Bank debt 2023: € 29,665,360 ▲ 65% vs 2022 (€ 17,981,444) Unfavourable step	€ 28,670,218 Bank debt 2024: € 28,670,218 ▼ 3% vs 2023 (€ 29,665,360) Favourable step	€ 26,617,127 Bank debt 2025: € 26,617,127 ▼ 7% vs 2024 (€ 28,670,218) Favourable step	▼ 7%
Balance sheet total	€ 135,507,103 Balance sheet total 2022: € 135,507,103 First fiscal year in the series	€ 146,366,701 Balance sheet total 2023: € 146,366,701 ▲ 8% vs 2022 (€ 135,507,103) Unchanged	€ 148,355,737 Balance sheet total 2024: € 148,355,737 ▲ 1% vs 2023 (€ 146,366,701) Unchanged	€ 149,390,955 Balance sheet total 2025: € 149,390,955 ▲ 1% vs 2024 (€ 148,355,737) Unchanged	▲ 1%
Employees (FTE)	382.6 Employees (FTE) 2022: 382.6 First fiscal year in the series	381.2 Employees (FTE) 2023: 381.2 ▼ 1.4 vs 2022 (382.6) Unchanged	380 Employees (FTE) 2024: 380 ▼ 1.2 vs 2023 (381.2) Unchanged	378.5 Employees (FTE) 2025: 378.5 ▼ 1.5 vs 2024 (380) Unchanged	▼ 1.5

Key figures of LVD COMPANY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to LVD COMPANY?

What happened at LVD COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 22, 2026 New annual accounts for financial year 2025: profit of € 281,495 (▼ 91% vs 2024). Source: NBB ↗
2026 Gehrels Consulting Gmbh BO stepped down as director. NBB
Jan 25, 1952 Start of the company according to the CBE. KBO
Jan 1, 1952 New establishment in Wevelgem. KBO

In short

From € 4.8 million profit in 2022 to € 281,495 profit in 2025.

Paid € 2.4 million in corporate taxes since 2022.

Best year ever: 2023, with € 6.4 million profit.

Paid out € 4.8 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

LVD - INVEST 83.6%

The stake of LVD - INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

LVD COMPANY

LVD Gmbh 100%

LVD Malaysia SDN.BHD 100%

LVD Strippit India 100%

LVD Nederland 100%

+19

Behind LVD COMPANY are Jean-Pierre Lefebvre, CD-X BV, LD Advies BV, Midelco NV, Admodum BV and Francis Van Neste. The shares are held by LVD - INVEST (83.6%). It owns 100% of LVD Gmbh, 100% of LVD Malaysia SDN.BHD, 100% of LVD Strippit India, 100% of LVD Nederland, 100% of LVD UK Limited and 100% of LVD Company Ltd itself.

Directors

According to the 2025 annual accounts

Jean-Pierre Lefebvre

Managing director

Also active at: LVD BeNeLux, LVD - INVEST

CD-X BV

Managing director · represented by Carl Dewulf

Also active at: CROP'S, HESBAYEFROST, SAEY, SIHOLD, LVD ROBOTIC SOLUTIONS, HESBAYE IMMO

LD Advies BV

Director · represented by Henk Lemahieu

Midelco NV

Director · represented by Philippe Vlerick

Also active at: B.M.H., DE ROBAERTBEEK, CONCORDIA TEXTILES, BMT INTERNATIONAL

Admodum BV

Director · represented by Paul Matthijs

Also active at: CRESCENT, IRISTICK, LIFEPOWR, ACADEMICLABS, MAZARO

Francis Van Neste

Director

Gehrels Consulting Gmbh BO

Director · represented by Olaf Gehrels

· until 2026

Shareholders

LVD - INVEST

83.6%

Participations

LVD Gmbh

100%

LVD Malaysia SDN.BHD

100%

LVD Strippit India

100%

LVD Nederland

100%

LVD UK Limited

100%

LVD Company Ltd

100%

LVD BeNeLux

100%

LVD Sa

100%

LVD USA Inc.

100%

Compac Srl

100%

LVD Scandinavia AS

100%

LVD Vietnam

100%

P.T. LVD Center

100%

LVD Polska SP. ZO.O

100%

LVD Strippit Mexico S. de R.L. de C.V.

100%

LVD Robotic Solutions

100%

LVD S3

100%

LVD-Multifold Private Ltd

99.9%

LVD Italia

99%

LVD DO Brazil

99%

LVD Korea

87.8%

LVD CNC Technology (Huangshi) C° Ltd

50%

Hubei Tri-Ring Metalforming Equipment C° Ltd

49%

Establishments

Establishment units

Physical locations of this company

Registered office

Nijverheidslaan 2

8560 Wevelgem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0405.350.231

VAT number

BE 0405.350.231

Registered office

Nijverheidslaan 2, 8560 Wevelgem

Names & denominations

LVD COMPANY

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

25 January 1952

Peppol

Active · Active since 15 Dec 2025

Activities · NACE

Vervaardiging van niet-verspanende machines voor de metaalbewerking en van gereedschapswerktuigen voor metaalbewerking

Vervaardiging van overige gereedschapswerktuigen voor de metaalbewerking

View on CBE Public ↗ Annual accounts (NBB) ↗

LVD COMPANY

Financials

What happened to LVD COMPANY?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions