Checked.be · Company dossierhttps://checked.be/en/c/l-m-associates-0478580974 · as of 07-10-2026
L M ASSOCIATES
Active
Private limited company (pre-2019) · founded 2002 · 23 years activeLouizalaan 486, 1050 Brussel, BelgiumKBO/BCE: BE 0478.580.974
Summary
The computed 12-month bankruptcy probability of L M ASSOCIATES is 8.5% (elevated). For L M ASSOCIATES, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €144,450 and a net result of €7,191. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 65% of 30,345 sector peers (NACE 70, fiscal year 2022). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Signals- 3 financial years not filed after the legal deadline; latest accounts 220 days late; 3 of the last 3 late- Figures for FY 2022 (filed 06-12-2023)- Size: total assets €208,206- Liquidity: current ratio 4.41, cash €97, halved- Two or more financial years not filed- Filed more than 90 days lateShow the evidence
Checked score
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency94+8
equity 69.4% of total assets
Liquidity42-4
short-term debt 22.7% · cash 0.0%
Profitability46-3
return on assets 3.5%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
8.5%Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (48,264 companies)
Last 24 months11-2024: 6.7%12-2024: 7.0%▲ +0.3 percentage points vs 11-202401-2025: 6.4%▼ -0.6 percentage points vs 12-2024lowest value02-2025: 6.4%● unchanged vs 01-2025lowest value03-2025: 6.4%● unchanged vs 02-2025lowest value04-2025: 6.4%● unchanged vs 03-2025lowest value05-2025: 8.4%▲ +2.0 percentage points vs 04-202506-2025: 8.4%● unchanged vs 05-202507-2025: 8.4%● unchanged vs 06-202508-2025: 8.4%● unchanged vs 07-202509-2025: 8.4%● unchanged vs 08-202510-2025: 8.4%● unchanged vs 09-202511-2025: 8.4%● unchanged vs 10-202512-2025: 8.4%● unchanged vs 11-202501-2026: 9.1%▲ +0.7 percentage points vs 12-2025highest value02-2026: 9.1%● unchanged vs 01-2026highest value03-2026: 9.1%● unchanged vs 02-2026highest value04-2026: 9.1%● unchanged vs 03-2026highest value05-2026: 8.5%▼ -0.6 percentage points vs 04-202606-2026: 8.5%● unchanged vs 05-202607-2026: 8.5%● unchanged vs 06-202608-2026: 8.5%● unchanged vs 07-202609-2026: 8.5%● unchanged vs 08-202610-2026: 8.5%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 06-12-2023, 220 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 440 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
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neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
Annual accounts filedfiscal year 2022 · micro…
Annual accounts filedfiscal year 2021 · micro…
Annual accounts filedfiscal year 2020 · full…
Key points
Risk: Accounts not fileddeadline was 30-04-2024890 days lateView