LIGNATIO (0473.387.714): financials and annual accounts

LIGNATIO

Schaerbeek ·KBO/BCE: BE 0473.387.714

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	778,785	659,948	650,710	614,693	579,219	497,155	399,543	741,854	611,245	568,313	532,909	517,679	554,505	472,317	432,795	337,962	295,742	312,519	265,873
Fixed assets`21/28`	94,616	105,148	122,192	142,245	152,382	177,042	170,375	195,377	180,997	197,135	189,530	210,309	221,782	160,540	169,976	48,189	56,438	64,990	72,099
Tangible fixed assets`22/27`	58,116	68,648	85,692	105,745	115,882	140,542	133,875	160,377	145,997	162,135	154,530	175,309	186,782	125,540	134,976	13,189	21,438	29,990	37,099
Land and buildings`22`	43,684	51,678	59,672	67,667	75,661	83,655	91,649	99,644	107,638	115,632	123,626	131,621	139,615	110,484	120,556	-	-	-	-
Plant, machinery and equipment`23`	-	-	-	-	-	383	1,150	-	-	-	-	-	146	292	437	583	72	144	416
Furniture and vehicles`24`	10,974	13,082	21,704	33,333	34,701	52,365	34,687	52,094	28,126	36,298	18,954	29,839	31,273	4,867	1,716	9,048	16,623	24,396	30,143
Other tangible fixed assets`26`	3,458	3,887	4,316	4,746	5,520	4,139	6,389	8,640	10,233	10,204	11,950	13,850	15,749	9,897	12,267	3,557	4,743	5,450	6,540
Financial fixed assets`28`	36,500	36,500	36,500	36,500	36,500	36,500	36,500	35,000	35,000	35,000	35,000	35,000	35,000	35,000	35,000	35,000	35,000	35,000	35,000
Current assets`29/58`	684,169	554,801	528,517	472,448	426,837	320,113	229,167	546,477	430,248	371,178	343,379	307,370	332,724	311,777	262,818	289,774	239,305	247,529	193,774
Amounts receivable within one year`40/41`	194,767	178,006	51,441	43,380	66,940	41,728	42,856	36,658	13,564	26,754	17,355	31,362	14,174	17,408	38,721	9,623	16,339	17,158	20,514
Trade receivables`40`	68,498	51,738	45,558	31,219	60,823	33,371	33,419	36,424	13,331	26,521	15,521	23,628	13,941	17,174	38,492	9,594	16,339	17,158	18,627
Other amounts receivable`41`	126,268	126,268	5,883	12,161	6,116	8,357	9,438	233	233	233	1,834	7,733	233	233	229	29	-	-	1,888
Current investments`50/53`	259,235	278,222	194,539	146,539	98,540	79,494	57,460	123,902	112,749	105,178	95,902	50,000	50,000	51,851	51,785	51,270	50,723	191,107	142,657
Cash at bank and in hand`54/58`	223,535	92,336	280,344	281,571	258,948	196,923	126,968	383,985	303,675	239,163	229,882	225,730	268,406	242,517	170,506	227,220	171,053	38,073	27,091
Deferred charges and accrued income`490/1`	6,632	6,236	2,193	958	2,409	1,967	1,882	1,931	260	83	240	278	144	-	1,807	1,661	1,189	1,190	3,512
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	778,785	659,948	650,710	614,693	579,219	497,155	399,543	741,854	611,245	568,313	532,909	517,679	554,505	472,317	432,795	337,962	295,742	312,519	265,873
Equity`10/15`	659,885	639,740	558,965	516,368	476,905	394,075	344,584	270,116	566,907	518,677	478,441	438,886	454,219	398,224	353,380	316,419	272,453	223,420	166,891
Contributions`10/11`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	358,460	358,460	358,460	358,460	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Issued capital`100`	-	-	-	-	-	18,600	18,600	18,600	370,860	370,860	370,860	370,860	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
Reserves`13`	653,685	633,540	552,765	510,168	470,705	387,875	338,384	263,916	208,447	160,217	119,981	80,426	448,019	392,024	347,180	310,219	266,253	217,220	160,691
Non-distributable reserves`130/1`	620	620	620	620	620	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	620	620	620	620	620	620	620	620	620	620	620	620	620	620
Reserves not available under the articles`1311`	620	620	620	620	620	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	653,065	632,920	552,145	509,548	470,085	387,255	337,764	263,296	207,827	159,597	119,361	79,806	447,399	391,404	346,560	309,599	265,633	216,600	160,071
Amounts payable`17/49`	118,900	20,208	91,745	98,325	102,313	103,080	54,959	471,738	44,338	49,636	54,468	78,793	100,286	74,093	79,415	21,543	23,289	89,099	98,982
Amounts payable after more than one year`17`	-	-	-	-	3,690	14,062	21,309	28,494	2,926	11,278	28,378	45,027	61,240	35,204	46,759	-	-	-	-
Financial debts`170/4`	-	-	-	-	3,690	14,062	21,309	28,494	2,926	11,278	28,378	45,027	61,240	35,204	46,759	-	-	-	-
Amounts payable within one year`42/48`	118,900	20,208	91,745	95,325	87,066	82,048	27,651	416,403	37,442	37,388	25,605	30,766	38,096	37,939	31,706	21,043	22,789	88,599	98,482
Current portion of amounts payable after more than one year`42`	-	-	-	3,690	7,334	7,247	7,185	10,051	8,352	17,100	16,649	16,214	15,789	5,870	-	-	-	-	-
Financial debts`43`	-	-	-	1,690	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit institutions`430/8`	-	-	-	1,690	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trade debts`44`	20,901	10,108	1,799	10,010	2,934	7,683	3,879	9,095	2,355	4,599	4,242	3,580	3,462	6,055	3,166	2,191	300	9,462	5,051
Suppliers`440/4`	20,901	10,108	1,799	10,010	2,934	7,683	3,879	9,095	2,355	4,599	4,242	3,580	3,462	6,055	3,166	2,191	300	9,462	5,051
Advances received on contracts in progress`46`	1,755	-	-	-	-	-	428	428	920	920	920	920	-	1,014	-	-	-	-	-
Taxes, remuneration and social security`45`	16,970	9,280	35,897	33,296	25,569	26,743	15,338	18,761	17,989	11,168	3,794	4,502	10,870	8,822	5,572	2,828	5,538	3,976	16,294
Taxes`450/3`	16,970	9,280	35,897	33,296	25,569	26,743	13,882	18,761	17,989	11,168	3,794	4,502	10,870	8,822	5,572	2,828	5,538	3,976	16,294
Remuneration and social security`454/9`	-	-	-	-	-	-	1,455	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	79,274	820	54,049	46,638	51,228	40,375	820	378,069	7,826	3,600	-	5,550	7,975	16,178	22,968	16,024	16,951	75,161	77,137
Accrued charges and deferred income`492/3`	-	-	-	3,000	11,557	6,970	6,000	26,841	3,970	970	485	3,000	950	950	950	500	500	500	500
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	2,074	-	-	-	214	-	-	-	3,141	-	-	-	-	-
Gross operating margin`9900`	146,622	140,241	166,568	159,124	204,794	157,522	133,369	132,019	94,468	84,672	82,604	65,232	94,943	73,636	75,097	68,010	74,044	84,509	72,121
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	13,615	21,381	21,126	27,631	27,260	28,830	28,948	28,516	19,991	23,188	21,427	21,598	24,050	10,020	9,287	9,277	9,032	9,670	9,516
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	-	-	-4,950	4,950	-	-	-	-	-	-	-	-
Other operating charges`640/8`	1,023	3,117	2,840	2,302	1,281	139	507	401	2,257	7,022	526	348	640	437	18,285	473	437	437	437
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	-	-	3,591	1,288	-	-	-	5,664
Operating profit (loss)`9901`	131,984	115,742	142,602	129,192	176,253	128,553	103,914	103,102	72,220	59,412	55,701	43,286	70,253	63,179	47,525	58,259	64,576	74,403	62,169
Financial income`75/76B`	3,186	865	552	295	247	1,057	1,115	3,044	1,358	2,480	4,095	2,507	2,409	2,722	2,903	2,287	3,931	7,181	4,400
Recurring financial income`75`	3,186	865	552	295	247	1,057	1,115	3,044	1,358	2,480	4,095	2,507	2,409	2,722	2,903	2,287	3,931	7,181	4,400
Financial charges`65/66B`	798	998	356	313	592	474	487	17,411	1,365	1,705	3,614	2,904	3,097	2,587	2,289	1,348	1,137	1,258	190
Recurring financial charges`65`	798	998	356	313	592	474	487	17,411	1,365	1,705	3,614	2,904	3,097	2,587	2,289	1,348	1,137	1,258	190
Profit (loss) for the period before taxes`9903`	134,371	115,610	142,798	129,173	175,907	129,136	104,542	88,736	72,212	60,401	56,182	42,888	69,566	62,863	46,852	59,198	67,370	80,326	60,715
Income taxes`67/77`	39,758	34,835	44,732	41,480	52,841	40,089	30,074	33,267	23,982	20,165	16,627	19,082	13,570	18,019	9,891	15,232	18,338	23,797	20,201
Profit (loss) for the period`9904`	94,613	80,775	98,065	87,693	123,066	89,047	74,468	55,469	48,230	40,236	39,555	23,807	55,996	44,844	36,961	43,966	49,033	56,529	40,513
Profit (loss) for the period to be appropriated`9905`	94,613	80,775	98,065	87,693	123,066	89,047	74,468	55,469	48,230	40,236	39,555	23,807	55,996	44,844	36,961	43,966	49,033	56,529	40,513
Appropriation of the result
Profit (loss) to be appropriated`9906`	94,613	80,775	98,065	87,693	123,066	89,047	74,468	55,469	48,230	40,236	39,555	23,807	55,996	44,844	36,961	43,966	49,033	56,529	40,513
Transfer from equity`791/2`	74,468	-	55,469	48,230	40,236	39,555	-	-	-	-	-	391,400	-	-	-	-	-	-	34,487
Transfer to equity`691/2`	94,613	80,775	98,065	87,693	123,066	89,047	74,468	55,469	48,230	40,236	39,555	23,807	55,996	44,844	36,961	43,966	49,033	56,529	-
To other reserves`6921`	94,613	80,775	98,065	87,693	123,066	89,047	74,468	55,469	48,230	40,236	39,555	23,807	55,996	44,844	36,961	43,966	49,033	56,529	-
Profit to be distributed`694/7`	74,468	-	55,469	48,230	40,236	39,555	-	-	-	-	-	391,400	-	-	-	-	-	-	75,000
Return on contributions (dividend)`694`	74,468	-	55,469	48,230	40,236	39,555	-	-	-	-	-	391,400	-	-	-	-	-	-	75,000
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	31-08-2026	2026-00493419	PDF
31-12-2024	micro format	29-08-2025	2025-00463999	PDF
31-12-2023	micro format	30-09-2024	2024-00489746	PDF
31-12-2022	micro format	31-08-2023	2023-00427070	PDF
31-12-2021	micro format	01-07-2022	2022-20137752	PDF
31-07-2020	micro format	17-12-2020	2020-76000567	PDF
31-07-2019	micro format	29-01-2020	2020-02800553	PDF
31-07-2018	micro format	06-02-2019	2019-04600512	PDF
31-07-2017	micro format	15-12-2017	2017-72000574	PDF
31-07-2016	full format	12-12-2016	2016-69800174	PDF
31-07-2015	full format	09-12-2015	2015-68500184	PDF
31-07-2014	full format	05-12-2014	2014-68500227	PDF
31-07-2013	full format	29-01-2014	2014-01800321	PDF
31-07-2012	full format	30-01-2013	2013-02200520	PDF
31-07-2011	full format	21-02-2012	2012-04200555	PDF
31-07-2010	full format	26-01-2011	2011-01700281	PDF
31-07-2009	full format	05-02-2010	2010-03800170	PDF
31-07-2008	full format	16-12-2008	2008-85500126	PDF
31-07-2007	full format	02-01-2008	2008-00100296	PDF
31-07-2006	full format	02-01-2007	2007-00300035	PDF
31-07-2005	full format	05-01-2006	2006-00303201	PDF
31-07-2004	full format	06-01-2005	2005-00401184	PDF
31-07-2003	full format	15-01-2004	2004-01401875	PDF
31-07-2002	full format	05-03-2003	2003-06201470	PDF
31-07-2001	full format	15-10-2002	2002-66002146	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	145,599	137,124	163,728	156,822	203,513	157,383	132,862	131,619	92,211	82,601	77,129	64,884	94,303	73,199	56,812	67,536	73,608	84,073	71,684
Cash flow	108,228	102,156	119,192	115,323	150,327	117,877	103,416	83,985	68,221	63,424	60,982	45,405	80,046	54,864	46,248	53,244	58,064	66,199	50,029
Investment in fixed assets	3,083	4,337	1,074	17,493	2,600	44,423	3,946	42,896	3,854	44,628	649	10,126	85,292	465	138,363	1,028	479	2,561	44,641
Change in cash	131,200	-188,008	-1,226	22,622	62,025	69,954	-257,017	80,310	64,512	9,281	4,152	-42,676	25,888	72,012	-56,714	56,167	132,980	10,983	-
Working capital	565,269	534,593	436,773	377,124	339,771	238,065	201,517	130,074	392,805	333,791	317,774	276,604	294,628	273,838	231,112	268,731	216,515	158,930	95,292
Solvency	84.7%	96.9%	85.9%	84.0%	82.3%	79.3%	86.2%	36.4%	92.7%	91.3%	89.8%	84.8%	81.9%	84.3%	81.7%	93.6%	92.1%	71.5%	62.8%
Current ratio	5.75	27.45	5.76	4.96	4.90	3.90	8.29	1.31	11.49	9.93	13.41	9.99	8.73	8.22	8.29	13.77	10.50	2.79	1.97
Debt to equity	0.18	0.03	0.16	0.19	0.21	0.26	0.16	1.75	0.08	0.10	0.11	0.18	0.22	0.19	0.22	0.07	0.09	0.40	0.59
ROE	14.3%	12.6%	17.5%	17.0%	25.8%	22.6%	21.6%	20.5%	8.5%	7.8%	8.3%	5.4%	12.3%	11.3%	10.5%	13.9%	18.0%	25.3%	24.3%
ROA	12.1%	12.2%	15.1%	14.3%	21.2%	17.9%	18.6%	7.5%	7.9%	7.1%	7.4%	4.6%	10.1%	9.5%	8.5%	13.0%	16.6%	18.1%	15.2%
Interest coverage	over 100	over 100	over 100	over 100	over 100	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€3,083	€4,337	€1,074	€17,493	€2,600
Depreciation and write-downs of the year	€13,615	€21,381	€21,126	€27,631	€27,260

LIGNATIO

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency84.7%

Current ratio5.75

Return on assets12.1%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on LIGNATIO

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