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L.M.

Active Risk: low
Private limited company (pre-2019)founded 199134 yrs activeSteenweg(H.) 153, 3870 Heers, BelgiumKBO/BCE: BE 0445.812.592
Summary

L.M. has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,702. Equity is shrinking by ~8.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2023
Profitability-
Solvency49=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
24.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
42 d late
2023
9 d late
2022
114 d late
2021
13 d late
2020
23 d late
2019
53 d late
2018
22 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 39 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.

Checked, nothing found (2)
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. Usually files around 23 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 November 1991, L.M. was incorporated.1 Total assets went from EUR 163,857 in 2018 to EUR 156,490 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€37,702=
2023 · €37,702
Total assets
€156,490=
2023 · €156,490
Net result
-€20,063▼ 145%
2019 · -€8,180
Working capital
-€31,541
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232025
Operating result-€1,139
Net result-€20,063
Equity€57,765=€37,702▼ 34.7%€37,702=€37,702=€37,702-
Total assets€156,490=€156,490=€156,490=€156,490=€156,490-
Debt€98,725=€118,788▲ 20.3%€118,788=€118,788=€118,788-
Working capital
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2021: -€1,139-€1,139Net result 2021: -€20,063-€20,06320202021202220232025
2021 is the only fiscal year with figures: the operating result is a loss of €1,139.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Equity and liabilities €156,490
Equity €37,702 =
Debt €118,788 =
Debt's share of the balance-sheet total stays at 75.9%.
Key figures and ratios
2025 value · change against 2023
Debt to equity
3.15=
2023 · 3.15
Debt ≤ 1 year
€118,788=
2023 · €118,788
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2023 · 20 lines
Balance sheet Code20232025
Assets
Total assets20/58€156,490€156,490=
Fixed assets21/28€156,490€156,490=
Tangible fixed assets22/27€156,490€156,490=
Land and buildings22€156,490€156,490=
Equity and liabilities
Total equity and liabilities10/49€156,490€156,490=
Equity10/15€37,702€37,702=
Contributions10/11€18,592€18,592=
Capital10€18,592€18,592=
Issued capital100€18,592€18,592=
Revaluation surpluses12€53,822€53,822=
Reserves13€26,141€26,141=
Non-distributable reserves130/1€23,066€23,066=
Other1319€23,066€23,066=
Distributable reserves133€3,075€3,075=
Profit (loss) carried forward14-€60,853-€60,853=
Amounts payable17/49€118,788€118,788=
Amounts payable within one year42/48€118,788€118,788=
Other amounts payable47/48€118,788€118,788=
Income statement Code20232025
Appropriation of the result
Profit (loss) to be appropriated9906-€60,853-€60,853=
Profit (loss) brought forward from the previous period14P-€60,853-€60,853=

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232025Change
Other operating charges640/8-€110----
Gross operating margin9900--€1,029----
Operating profit (loss)9901--€1,139----
Financial charges65/66B-€16,723----
Recurring financial charges65-€16,723----
Profit (loss) for the period before taxes9903--€17,862----
Income taxes67/77-€2,201----
Profit (loss) for the period9904--€20,063----
Profit (loss) for the period to be appropriated9905--€20,063----
Line20202021202220232025Change
Assets
Total assets20/58€156,490€156,490€156,490€156,490€156,490-
Fixed assets21/28€156,490€156,490€156,490€156,490€156,490-
Tangible fixed assets22/27€156,490€156,490€156,490€156,490€156,490-
Land and buildings22-€156,490€156,490€156,490€156,490-
Equity and liabilities
Total equity and liabilities10/49€156,490€156,490€156,490€156,490€156,490-
Equity10/15€57,765€37,702€37,702€37,702€37,702-
Contributions10/11€18,592€18,592€18,592€18,592€18,592-
Capital10-€18,592€18,592€18,592€18,592-
Issued capital100-€18,592€18,592€18,592€18,592-
Revaluation surpluses12-€53,822€53,822€53,822€53,822-
Reserves13€26,141€26,141€26,141€26,141€26,141-
Non-distributable reserves130/1-€23,066€23,066€23,066€23,066-
Other1319-€23,066€23,066€23,066€23,066-
Distributable reserves133-€3,075€3,075€3,075€3,075-
Profit (loss) carried forward14-€40,790-€60,853-€60,853-€60,853-€60,853-
Amounts payable17/49€98,725€118,788€118,788€118,788€118,788-
Amounts payable within one year42/48€98,725€118,788€118,788€118,788€118,788-
Other amounts payable47/48-€118,788€118,788€118,788€118,788-
Line20202021202220232025Change
Profit (loss) for the period9904--€20,063----
Operating cash flow (approximation)--€20,063----
Investment in fixed assets (approximation)-€0€0€0--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 42 days late
2024
09-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
22-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 114 days late
2022
13-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 13 days late
2021
31-12
Financial Weakest financial yearnet -€20,063
Net result drops to -€20,063, the lowest in the series.
23-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
22-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
22-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
13-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
18-03
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Heers · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
683 m²
Building footprint
233 m²
Volume, LiDAR
1,129 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Simula manon
Luikersteenweg 329, 3800 Sint-TruidenNACE 9302201
since 19922.057.393.457
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73022A0432/00H000 Flanders 385 m² 1 · 121 m² 8.2 m · 2 fl.
71009D0481/00P003 Flanders 298 m² 1 · 112 m² 5.8 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded01-11-1991
Fiscal year end31-12
Contact
E-mail manonsimula2a@live.fr
Phone +33664489598
Phone 0472852044Sint-Truiden
E-invoicing
Reachable via Peppol
Peppol ID 0208:0445812592
Also 9925:BE0445812592
Registered 24-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.