GROUP LM
ActiveGROUP LM has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €960k and a net result of €-47k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 70% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▲+2
Solvency82▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.05 in 2024; short-term debt: 42.8% and cash: 0.4% of total assets), and 42.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.1%
Return on assets
-2.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year €-47k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
27 d late
2023
2 d early
2022
3 d early
2021
61 d late
2020
31 d late
2017
50 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€960k▼ 4.6%
2024 · €1.01M
2020: €-29k
2021: €-9k
2022: €-17k
2023: €-30k
2024: €1.01M
2020 → 2025
Total assets
€1.68M▼ 2.2%
2024 · €1.72M
2020: €521k
2021: €680k
2022: €512k
2023: €475k
2024: €1.72M
2020 → 2025
Net result
€-47k▲ 57.8%
2024 · €-110k
2020: €-16k
2021: €11k
2022: €-8k
2023: €-14k
2024: €-110k
2020 → 2025
Working capital
€-688k▼ 6.0%
2024 · €-649k
2020: €-404k
2021: €-392k
2022: €-396k
2023: €-406k
2024: €-649k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-9k-€-17k▼ 90.3%€-30k▼ 81.7%€1.01M€960k▼ 4.6%
Operating result€20k-€-5k€-11k▼ 132%€-16k▼ 43.9%€-38k▼ 136%
Net result€11k-€-8k€-14k▼ 72.1%€-110k▼ 706%€-47k▲ 57.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €38k in 2025 against €16k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.68M
Fixed assets
€1.65M▼ 2.0%
Current assets
€33k▼ 11.0%
Equity and liabilities €1.68M
Equity
€960k▼ 4.6%
Debt
€723k▲ 1.1%
The debt ratio rises from 41.5% to 42.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-658▼
2024 · €21k
Cash flow
€-10k▲
2024 · €-74k
Solvency
57.1%▼
2024 · 58.5%
Current ratio
0.05▼
2024 · 0.05
Quick ratio
0.05▼
2024 · 0.05
Debt / equity
0.75▲
2024 · 0.71
ROE
-4.9%▲
2024 · -11.0%
ROA
-2.8%▲
2024 · -6.4%
Interest coverage
-0.07▼
2024 · 0.22
Debt
€723k▲
2024 · €715k
Debt ≤ 1 year
€720k▲
2024 · €686k
Debt > 1 year
€2k▼
2024 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.72M€1.68M▼
Fixed assets21/28€1.68M€1.65M▼
Tangible fixed assets22/27€1.68M€1.65M▼
Land and buildings22€1.68M€1.65M▼
Plant, machinery and equipment23€1k€0▼
Current assets29/58€37k€33k▼
Amounts receivable within one year40/41€36k€26k▼
Trade receivables40€36k€26k▼
Cash at bank and in hand54/58€1k€7k▲
Equity and liabilities
Total equity and liabilities10/49€1.72M€1.68M▼
Equity10/15€1.01M€960k▼
Contributions10/11€25k€25k=
Revaluation surpluses12€1.15M€1.15M=
Reserves13€118k€118k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€116k€116k=
Profit (loss) carried forward14€-284k€-331k▼
Amounts payable17/49€715k€723k▲
Amounts payable after more than one year17€29k€2k▼
Financial debts170/4€29k€2k▼
Amounts payable within one year42/48€686k€720k▲
Current portion of amounts payable after more than one year42€26k€27k▲
Trade debts44€14k€6k▼
Suppliers440/4€14k€6k▼
Taxes, remuneration and social security45€215k€3k▼
Taxes450/3€215k€3k▼
Other amounts payable47/48€429k€685k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€37k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€23k
Other operating charges640/8€9k€9k▲
Gross operating margin9900€30k€32k▲
Operating profit (loss)9901€-16k€-38k▼
Financial charges65/66B€94k€9k▼
Recurring financial charges65€94k€9k▼
Profit (loss) for the period before taxes9903€-110k€-47k▲
Profit (loss) for the period9904€-110k€-47k▲
Profit (loss) for the period to be appropriated9905€-110k€-47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-284k€-331k▼
Profit (loss) brought forward from the previous period14P€-174k€-284k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €-110k
Net result drops to €-110k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €1MEq €1.01M
Equity rises from €-30k to €1.01M.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 50 days late
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 183 days late
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
12-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 286 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 1993
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bosdel 783600 GenkGround area
3,844 m²
Building footprint
1,502 m²
Volume, LiDAR
6,018 m³
2 parcels, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GROUP LM
since 19932.062.974.521
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71305F0954/00D027 | Flanders | 2,484 m² | 1 · 1,059 m² | 9.5 m · 1 fl. |
| 71305F1152/00N000 | Flanders | 1,360 m² | 1 · 443 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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PATRIZIA ERP BRUSSELS BAMBOU
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YOBES
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 4,157 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-07-1993
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.