L.M.I.
ActiveSummary
L.M.I. has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €-20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-48
Solvency31▼-4
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 2.34 in 2024; short-term debt: 36.7% and cash: 67.1% of total assets), but 94.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.6%
Return on assets
-5.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9194 sector peers (2025).
NBB · sector comparisonPosition among 9194 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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 filingsDeviation from the deadline
2025
12 d late
2024
27 d late
2023
28 d late
2022
28 d early
2021
17 d late
2020
18 d late
2019
49 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€22k▼ 48.1%
2024 · €42k
2018: €22k
2019: €15k
2020: €62k
2021: €49k
2022: €39k
2023: €25k
2024: €42k
2018 → 2025
Total assets
€384k▼ 7.9%
2024 · €417k
2018: €181k
2019: €168k
2020: €201k
2021: €254k
2022: €320k
2023: €378k
2024: €417k
2018 → 2025
Net result
€-20k
2024 · €17k
2018: €-8k
2019: €-7k
2020: €46k
2021: €-13k
2022: €-9k
2023: €-14k
2024: €17k
2018 → 2025
Working capital
€173k▼ 11.5%
2024 · €196k
2018: €72k
2019: €53k
2020: €89k
2021: €145k
2022: €202k
2023: €211k
2024: €196k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€49k-€39k▼ 19.3%€25k▼ 36.7%€42k▲ 67.6%€22k▼ 48.1%
Operating result€-12k-€-8k▲ 29.4%€-10k▼ 21.3%€24k€-15k
Net result€-13k-€-9k▲ 27.5%€-14k▼ 53.9%€17k€-20k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €24k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €384k
Fixed assets
€70k ▼ 7.1%
Current assets
€314k ▼ 8.1%
Equity and liabilities €384k
Equity
€22k ▼ 48.1%
Debt
€362k ▼ 3.4%
Debt's share of the balance-sheet total rises from 90.0% to 94.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-13k▼
2024 · €27k
Cash flow
€-18k▼
2024 · €19k
Current ratio
2.23▼
2024 · 2.34
Debt to equity
16.77▲
2024 · 9.00
ROE
-92.8%▼
2024 · 40.3%
ROA
-5.2%▼
2024 · 4.0%
Interest coverage
-2.30▼
2024 · 4.36
Debt ≤ 1 year
€141k▼
2024 · €146k
Debt > 1 year
€218k▼
2024 · €224k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€417k€384k▼
Fixed assets21/28€75k€70k▼
Tangible fixed assets22/27€75k€70k▼
Land and buildings22€75k€70k▼
Current assets29/58€342k€314k▼
Stocks and contracts in progress3€137k-
Stocks30/36€137k-
Amounts receivable within one year40/41€5k€34k▲
Trade receivables40€5k€22k▲
Other amounts receivable41€91€12k▲
Cash at bank and in hand54/58€180k€258k▲
Deferred charges and accrued income490/1€19k€23k▲
Equity and liabilities
Total equity and liabilities10/49€417k€384k▼
Equity10/15€42k€22k▼
Contributions10/11€200k€200k=
Capital10€200k€200k=
Issued capital100€200k€200k=
Profit (loss) carried forward14€-158k€-178k▼
Amounts payable17/49€375k€362k▼
Amounts payable after more than one year17€224k€218k▼
Financial debts170/4€71k€60k▼
Other amounts payable178/9€153k€158k▲
Amounts payable within one year42/48€146k€141k▼
Current portion of amounts payable after more than one year42€10k€9k▼
Trade debts44€73k€84k▲
Suppliers440/4€73k€84k▲
Taxes, remuneration and social security45€33k€47k▲
Taxes450/3€33k€47k▲
Other amounts payable47/48€29k€134▼
Accrued charges and deferred income492/3€5k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€33k€8k▼
Gross operating margin9900€60k€-5k▼
Operating profit (loss)9901€24k€-15k▼
Financial income75/76B€1€1k▲
Recurring financial income75€1€1k▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€18k€-20k▼
Income taxes67/77€1k-
Profit (loss) for the period9904€17k€-20k▼
Profit (loss) for the period to be appropriated9905€17k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-158k€-178k▼
Profit (loss) brought forward from the previous period14P€-175k€-158k▲
The notes to these accounts (6 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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 12 days late
2025
31-12
Financial
Weakest financial yearnet €-20k ▼219%
Net result drops to €-20k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after 3 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Back to profitnet €46k
Net result €46k after 2 loss-making years.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Similar companies · same sector, comparable size
RUVADOR
BE 0870.125.038
Kapellen · Eq €21,602
GNW IMMO
BE 0672.454.577
Oostende · Eq €21,565
ECO-CASA
BE 0734.624.253
Gent · Eq €21,635
Beekcant
BE 0770.302.239
Boortmeerbeek · Eq €21,652
L. Sphere Privest 1
BE 0533.789.911
Etterbeek · Eq €21,516
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 4,124 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-07-2002
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filings
Scores and ratios are computed by Checked and are not a credit decision.