Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LINDAB, LINDAB BELGIUM, LINDAB BELGIE, LINDAB BELGIQUE EN LUCHTBEHANDELINGSMATERIALEN from Gent, company number BE0464910211, closed financial year 2025 with a result of € -144,599 after tax. For that financial year LINDAB, LINDAB BELGIUM, LINDAB BELGIE, LINDAB BELGIQUE EN LUCHTBEHANDELINGSMATERIALEN recorded revenue of € 5.9 million and equity of € 645,340. Compared with financial year 2024, the result moved from € -357,740 to € -144,599. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 645,340
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -144,599
▲ 60 % less loss than in 2024
Profit after tax over the fiscal year.
€ 405,122
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
People and assets in 2025
23.7
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▼ 1% vs 2024
€ 70,700 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.
€ 12,161
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▲ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 529,765
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 391,479
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,038,961 | € 6,298,939 | € 5,825,489 | € 5,912,623 | ▲ 1% |
| Gross margin | € 2,011,772 | € 2,164,588 | € 1,724,575 | € 1,885,005 | ▲ 9% |
| Profit after taxes | € 127,920 | € 139,816 | € -357,740 | € -144,599 | ▲ € 213,142 |
| Equity | € 1,007,863 | € 1,147,679 | € 789,938 | € 645,340 | ▼ 18% |
| Total debts | € 3,497,528 | € 3,033,965 | € 2,820,195 | € 2,481,249 | ▼ 12% |
| Cash | € 460,188 | € 832,382 | € 484,999 | € 405,122 | ▼ 16% |
| Retained profit | € -2,042,137 | € -1,902,321 | € -2,260,062 | € -2,404,660 | ▼ € 144,599 |
| Bank debt | € 2,037,467 | € 1,521,269 | € 1,547,637 | € 1,560,000 | ▲ 1% |
| Balance sheet total | € 4,505,391 | € 4,181,643 | € 3,610,134 | € 3,126,589 | ▼ 13% |
| Employees (FTE) | 27.2 | 25.7 | 24.4 | 23.7 | ▼ 0.7 |
Key figures of LINDAB, LINDAB BELGIUM, LINDAB BELGIE, LINDAB BELGIQUE EN LUCHTBEHANDELINGSMATERIALEN, 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 LINDAB, LINDAB BELGIUM, LINDAB BELGIE, LINDAB BELGIQUE EN LUCHTBEHANDELINGSMATERIALEN?
What happened at LINDAB, LINDAB BELGIUM, LINDAB BELGIE, LINDAB BELGIQUE EN LUCHTBEHANDELINGSMATERIALEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 144,599. Source: NBB ↗
- Klaus-Philipp Felderer stepped down as director. NBB
- Sven Johan Lars Ynner stepped down as director. NBB
- Ola Ranstam stepped down as director. NBB
- Stefaan De Baets stepped down as director. NBB
- Stefaan De Baets became a director. NBB
- Klaus-Philipp Felderer became a director. NBB
- Ola Ranstam became a director. NBB
In short
From € 127,920 profit in 2022 to € 144,599 loss in 2025.
Paid € 9,806 in corporate taxes since 2022.
Best year ever: 2023, with € 139,816 profit.
On average € 79,500 of value added per employee in 2025.
Management
The shares are held by Lindab AB (100%) and Lindab GMBH (0%).
Directors
According to the 2025 annual accounts
Klaus-Philipp Felderer
Director
since 2025 · until 2026
Sven Johan Lars Ynner
Director
since 2023 · until 2026
Ola Ranstam
Director
since 2023 · until 2026
Stefaan De Baets
Managing director
since 2025 · until 2026
Shareholders
Lindab AB
100%
Lindab GMBH
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zeeschipstraat 149
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.910.211
- VAT number
- BE 0464.910.211
- Registered office
- Zeeschipstraat 149, 9000 Gent
- Names & denominations
- LINDAB, LINDAB BELGIUM, LINDAB BELGIE, LINDAB BELGIQUE EN LUCHTBEHANDELINGSMATERIALEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 1998
- Peppol
- Active · Active since 21 Oct 2026
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