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L M ASSOCIATES

Active
Private limited company (pre-2019)founded 2002active 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.

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€208,206total assets 2022
Equity
€144,450
Profit
€7,191
Financial health
Bankruptcy probabilitywithin 12 months
8.5%
2022 figures too old to score
Structure
Accounts 892 days overdue0 of 4 deeds read
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
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
Strong
Solvency 94+8
equity 69.4% of total assets
Liquidity 42-4
short-term debt 22.7% · cash 0.0%
Profitability 46-3
return on assets 3.5%
Bankruptcy probability, 12 months
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 months 11-2024: 6.7% 12-2024: 7.0%▲ +0.3 percentage points vs 11-2024 01-2025: 6.4%▼ -0.6 percentage points vs 12-2024lowest value 02-2025: 6.4%● unchanged vs 01-2025lowest value 03-2025: 6.4%● unchanged vs 02-2025lowest value 04-2025: 6.4%● unchanged vs 03-2025lowest value 05-2025: 8.4%▲ +2.0 percentage points vs 04-2025 06-2025: 8.4%● unchanged vs 05-2025 07-2025: 8.4%● unchanged vs 06-2025 08-2025: 8.4%● unchanged vs 07-2025 09-2025: 8.4%● unchanged vs 08-2025 10-2025: 8.4%● unchanged vs 09-2025 11-2025: 8.4%● unchanged vs 10-2025 12-2025: 8.4%● unchanged vs 11-2025 01-2026: 9.1%▲ +0.7 percentage points vs 12-2025highest value 02-2026: 9.1%● unchanged vs 01-2026highest value 03-2026: 9.1%● unchanged vs 02-2026highest value 04-2026: 9.1%● unchanged vs 03-2026highest value 05-2026: 8.5%▼ -0.6 percentage points vs 04-2026 06-2026: 8.5%● unchanged vs 05-2026 07-2026: 8.5%● unchanged vs 06-2026 08-2026: 8.5%● unchanged vs 07-2026 09-2026: 8.5%● unchanged vs 08-2026 10-2026: 8.5%● unchanged vs 09-2026
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Signals

Six signals.
+raises risk
raises risk · 3 financial years not filed after the legal deadline; latest accounts 220 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2022 (filed 06-12-2023)
NBB · annual accounts
raises risk · Size: total assets €208,206
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 4.41, cash €97, halved
NBB · annual accounts
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.
NBB · 10 filings
Position against the passed deadline
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.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
220 days late
2021
585 days late
2020
294 days late
2019
659 days late
← before the deadline after the deadline →
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)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2022 · micro…
  2. Annual accounts filedfinancial year 2021 · micro…
  3. Annual accounts filedfinancial year 2020 · full…

Key points

  • Risk: Accounts not fileddeadline was 30-04-2024 892 days late View
  • Active since 2002founded 16-10-2002 23 years View
  • Total assets 20224 financial years filed €208,206 View

By topic

Financials

Financial year
2022
Total assets
€208,206
Profit
€7,191
Solvency
69.4%
Total assets▼ 7.7%
Net result
20192022
Go to Financials

Timeline

Events
20
Since
2004
  1. 18-02-2022Annual accounts filed
  2. 30-09-2021Highest result from 2019 to 2022
  3. 30-09-2020Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Business and other management consultancyNACE 70200
Founded
16-10-2002
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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