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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
35 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LIMBURGSE RECONVERSIE MAATSCHAPPIJ from Hasselt, company number BE0452138972, closed financial year 2025 with a result of € 17.8 million after tax. For that financial year LIMBURGSE RECONVERSIE MAATSCHAPPIJ recorded revenue of € 2.2 million and equity of € 521.2 million. Compared with financial year 2024, the result moved from € 84,944 to € 17.8 million. Profitable, and profit is growing. 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 June 8, 2026.
€ 521.2 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17.8 million
▲ € 17.7 million vs 2024
Profit after tax over the fiscal year.
€ 10.4 million
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6 million paid out
34 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
46.7
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7 million
▲ 8% vs 2024
€ 149,400 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.
€ 542,799
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 954,893
▲ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 92 days on average.
€ 902,802
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,704,389 | € 1,564,358 | € 1,907,250 | € 2,189,489 | ▲ 15% |
| Profit after taxes | € 9,927,221 | € 932,521 | € 84,944 | € 17,828,616 | ▲ € 17.7 million |
| Equity | € 482,802,927 | € 509,793,741 | € 509,686,304 | € 521,191,568 | ▲ 2% |
| Total debts | € 13,311,881 | € 7,917,587 | € 3,422,067 | € 21,745,135 | ▲ € 18.3 million |
| Cash | € 45,305,852 | € 48,071,497 | € 15,483,210 | € 10,400,354 | ▼ 33% |
| Land & buildings | - | - | € 1,111,077 | € 1,057,084 | ▼ 5% |
| Retained profit | € 169,548,392 | € 165,480,913 | € 165,565,857 | € 177,394,473 | ▲ 7% |
| Dividend | € 10,000,000 | € 5,000,000 | € 0 | € 6,000,000 | |
| Balance sheet total | € 496,380,980 | € 517,977,498 | € 513,374,541 | € 543,202,873 | ▲ 6% |
| Employees (FTE) | 48.2 | 46.7 | 45.6 | 46.7 | ▲ 1.1 |
Key figures of LIMBURGSE RECONVERSIE MAATSCHAPPIJ, 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 LIMBURGSE RECONVERSIE MAATSCHAPPIJ?
What happened at LIMBURGSE RECONVERSIE MAATSCHAPPIJ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HANS WILMOTS stepped down as director. NBB
- KARLIEN DE TURCK stepped down as director. NBB
- KRISTOF SCHIEPERS stepped down as director. NBB
- FREDERICK VANDEPUT stepped down as director. NBB
- PIETER PAUWELS stepped down as director. NBB
- HILDE ESSERS stepped down as director. NBB
- PETER VAVEDIN stepped down as director. NBB
- MARK MAESEN stepped down as director. NBB
In short
From € 9.9 million profit in 2022 to € 17.8 million profit in 2025.
Paid € 39,284 in corporate taxes since 2022.
Best year ever: 2025, with € 17.8 million profit.
Paid out € 21 million in dividends to the owners in total.
Management
Behind LIMBURGSE RECONVERSIE MAATSCHAPPIJ is BERT LAMBRECHTS. It owns 100% of LRM Climate, 100% of GREENVILLE, 100% of MIJNEN, 100% of CAMPUS NOORD, 100% of IMMO SCHURHOVEN and 100% of LRM-BEHEER itself.
Directors
According to the 2025 annual accounts
BERT LAMBRECHTS
Government commissioner
Also active at: REGIONAAL LANDSCHAP KEMPEN EN MAASLAND, Vereniging van de Vlaamse Provincies, Kind en Taal, LIMBURG STERK MERK, Steunpunt Duurzaam Bouwen Limburg
since 2025
HANS WILMOTS
Director
Also active at: MIJNEN, Arte, AFFIX ADVISORY, NOSTER, ROODE VETER, ClarityAdvisory, DEMOCO GROUP, MBB7 Capital Invest +8 more
since 2021 · until 2027
KARLIEN DE TURCK
Director
Also active at: MIJNEN, VOKA - Kamer van Koophandel Limburg, Corda Campus, CAMILEON, CORDA CAMPUS 2.0, TLG Innovations, Royal Doctors
since 2021 · until 2027
since 2023 · until 2027
since 2021 · until 2027
since 2024 · until 2027
HILDE ESSERS
Director
Also active at: HENRI ESSERS EN ZONEN INTERNATIONAAL TRANSPORT, H.Essers Infra Moorslede, MIJNEN, H. Essers Systems Company, H.Essers Liquid Bulk, H.Essers Infra, H. Essers Express, Douaneagentschap Essers +32 more
since 2021 · until 2027
PETER VAVEDIN
Director
Also active at: Vermeiren Princeps, BELGIAN QUALITY SHOES AND LEATHERWARE GROUP, MIJNEN, VOKA - Kamer van Koophandel Limburg, AMBIORIX, SOBRAJA
since 2021 · until 2027
MARK MAESEN
Chairman of the board
Also active at: MIJNEN, Actief Interim, LRM Beheer, ACTIEF, H.W.P., M2M, MIJNSCHADE EN BEMALING LIMBURGS MIJNGEBIED, ACTIEF CONSTRUCT +4 more
since 2021 · until 2027
FRIEDA BREPOELS
Vice-chairman of the board
Also active at: De Vlaamse Radio- en Televisieomroeporganisatie, MIJNEN, H.W.P., Corda Campus, Terhills
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Kempische steenweg 311 box 4.01
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 35 companies are registered at this address.
All companies at this address →MIJNEN same network
€ 1 revenue · 2025
PENSIOENFONDS VAN HET KEMPENS STEENKOLENBEKKEN
LRM Beheer same network
€ 146,800 revenue · 2025
SCIA
€ 8.9 million revenue · 2025
H.W.P. same network
€ 83,121 revenue · 2025
+30 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
- 0452.138.972
- VAT number
- BE 0452.138.972
- Registered office
- Kempische steenweg 311 bus 4.01, 3500 Hasselt
- Names & denominations
- LIMBURGSE RECONVERSIE MAATSCHAPPIJ · L R M
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 1994
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
Activiteiten van holdings
Financiële holdings
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Overige kredietverstrekking n.e.g.