Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LHOIST RECHERCHE ET DEVELOPPEMENT from Ottignies-Louvain-la-Neuve, company number BE0434971655, closed financial year 2025 with a result of € -339,413 after tax. For that financial year LHOIST RECHERCHE ET DEVELOPPEMENT recorded revenue of € 50.1 million and equity of € 23.6 million. Compared with financial year 2024, the result moved from € 6.6 million to € -339,413. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 23.6 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -339,413
▼ still € 6.6 million profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 16.6 million.
People and assets in 2025
94.8
▲ 3.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 16.3 million
€ 171,900 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.
€ 115,391
▼ 24% vs 2024
Of which on lease € 2,081.
Debts at end 2025
€ 2,426
▼ 35% vs 2024
€ 1,451 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 6.7 million
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 64 days on average.
€ 5.5 million
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 33,578,377 | € 42,446,659 | € 48,703,645 | € 50,103,121 | ▲ 3% |
| Profit after taxes | € 2,134,228 | € 1,190,915 | € 6,621,870 | € -339,413 | ▼ € 7 million |
| Equity | € 16,081,919 | € 17,272,835 | € 23,894,704 | € 23,555,292 | ▼ 1% |
| Total debts | € 51,485,792 | € 15,230,534 | € 13,871,172 | € 12,460,095 | ▼ 10% |
| Land & buildings | € 1,356,638 | € 1,374,303 | € 1,340,500 | € 1,299,122 | ▼ 3% |
| Retained profit | € 9,132,653 | € 10,323,568 | € 16,945,438 | € 16,606,025 | ▼ 2% |
| Dividend | € 517,256,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 5,809 | € 4,798 | € 3,708 | € 2,426 | ▼ 35% |
| Balance sheet total | € 69,768,662 | € 36,166,915 | € 41,244,971 | € 40,377,229 | ▼ 2% |
| Employees (FTE) | 75.7 | 82.2 | 91.1 | 94.8 | ▲ 3.7 |
Key figures of LHOIST RECHERCHE ET DEVELOPPEMENT, 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 LHOIST RECHERCHE ET DEVELOPPEMENT?
What happened at LHOIST RECHERCHE ET DEVELOPPEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 339,413 (▼ € 7 million vs 2024). Source: NBB ↗
- Philipp NIEMANN stepped down as director. NBB
- Benjamin HENRY stepped down as director. NBB
- Frédéric MEESSEN stepped down as director. NBB
- Laurent YVON stepped down as director. NBB
- Philipp NIEMANN became a director. NBB
- Marcos DE AZEVEDO FERREIRA FRANCA stepped down as director. NBB
- AJN Consulting SRL stepped down as director. NBB
In short
From € 2.1 million profit in 2022 to € 339,413 loss in 2025.
Paid € 855,011 in corporate taxes since 2022.
Best year ever: 2024, with € 6.6 million profit.
Paid out € 517.3 million in dividends to the owners in total.
A new publication or filing at LHOIST RECHERCHE ET DEVELOPPEMENT? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of LHOIST, CARRIERES ET FOURS A CHAUX DUMONT-WAUTIER, DOLOMIES DE MARCHE-LES-DAMES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LHOIST RECHERCHE ET DEVELOPPEMENTThe shares are held by LHOIST (100%), CARRIERES ET FOURS A CHAUX DUMONT-WAUTIER (98%) and DOLOMIES DE MARCHE-LES-DAMES (2%). It owns 50% of Immo Sclermont itself.
Directors
According to the 2025 annual accounts
Philipp NIEMANN
Chairman of the board
since 2025 · until 2026
Managing director · represented by Vincent Dujardin
since 2024 · until 2025
Benjamin HENRY
Managing director
since 2022 · until 2026
Frédéric MEESSEN
Managing director
Also active at: CARRIERES ET FOURS A CHAUX DUMONT-WAUTIER, IMMO SCLERMONT, LNA Holding
since 2010 · until 2026
since 2017 · until 2025
Laurent YVON
Managing director
since 2015 · until 2026
Shareholders
Participations
50%
Establishments
Establishment units
Physical locations of this company
Rue Charles Dubois 28
1342 Ottignies-Louvain-la-Neuve
Rue de l'Industrie 31
1400 Nivelles
Active since 8 August 1990
Rue Granbonpré 11
1435 Mont-Saint-Guibert
Active since 21 December 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →DOLOMIE DE VILLERS-LE-GAMBON
€ 5.2 million revenue · 2025
CARRIERES ET FOURS A CHAUX DUMONT-WAUTIER same network
€ 152 million revenue · 2025
IMMO SCLERMONT same network
€ 15,154 revenue · 2025
DOMAINE DE HOYOUX S.A.
€ -19,508 gross margin · 2025
Immobilière Saint-Michel
€ 94,520 gross margin · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.971.655
- VAT number
- BE 0434.971.655
- Registered office
- Rue Charles Dubois 28, 1342 Ottignies-Louvain-la-Neuve
- Names & denominations
- LHOIST RECHERCHE ET DEVELOPPEMENT · L.R.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 August 1988
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
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