Checked.be · Company dossierhttps://checked.be/en/c/l-m-associates-0478580974 · as of 09-10-2026
L M ASSOCIATES
Active
Private limited company (pre-2019) · founded 2002 · active for 23 yearsLouizalaan 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 about 5.1% per year across the filed financial years. Its solvency ranks better than 65% of 30,325 sector peers (NACE 70, financial year 2022). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises risk3 financial years not filed after the legal deadline; latest accounts 220 days late; 3 of the last 3 lateFigures for financial year 2022 (filed 06-12-2023)Size: total assets €208,206Liquidity: current ratio 4.41, cash €97, halvedTwo or more financial years not filedFiled more than 90 days lateShow the evidence
Bankruptcy probability
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% (48,298 companies, NACE 70, micro)
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.
30-09-2023 year end30-04-2024 deadline09-10-2026 today
+
raises risk · Filed more than 90 days late
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: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of 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 (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
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neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2022 · micro…
Annual accounts filedfinancial year 2021 · micro…
Annual accounts filedfinancial year 2020 · full…
Key points
Risk: Accounts not fileddeadline was 30-04-2024892 days lateView