LBM
ActiveSummary
LBM has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.97M and a net result of €793k. Equity is growing by ~29.4% per year across the filed fiscal years. Its solvency ranks better than 71% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency98▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 1.86 against 2.22 in 2024; short-term debt: 10.2% and cash: 7.8% of total assets), and 26.9% of the assets are financed with debt.
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Signals
Five 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 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.1%
Return on assets
29.4%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
18 d late
2023
12 d late
2022
28 d late
2021
39 d late
2020
39 d late
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
History
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€793k▲ 47.4%
2024 · €538k
Working capital
€238k▼ 40.7%
2024 · €402k
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
Line20212022202320242025
Operating result€280k▲ 31.4%€620k▲ 122%€707k▲ 14.0%€728k▲ 3.0%€1.10M▲ 50.9%
Net result€196k▲ 38.8%€445k▲ 128%€519k▲ 16.6%€538k▲ 3.6%€793k▲ 47.4%
Equity€555k▲ 57.1%€1,000k▲ 80.3%€1.52M▲ 51.9%€1.18M▼ 22.2%€1.97M▲ 67.1%
Total assets€1.32M▲ 15.0%€1.58M▲ 19.7%€2.09M▲ 32.1%€1.68M▼ 19.5%€2.70M▲ 60.3%
Debt€768k▼ 3.6%€583k▼ 24.0%€572k▼ 1.9%€503k▼ 12.2%€726k▲ 44.5%
Working capital€-156k▲ 44.5%€210k€724k▲ 245%€402k▼ 44.5%€238k▼ 40.7%
Staff (FTE)0.6▼ 25.0%0.5▼ 16.7%1.1▲ 120%1.5▲ 36.4%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 51% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.70M
Fixed assets
€2.18M ▲ 129%
Current assets
€515k ▼ 29.6%
Equity and liabilities €2.70M
Equity
€1.97M ▲ 67.1%
Debt
€726k ▲ 44.5%
Debt's share of the balance-sheet total falls from 29.8% to 26.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.22M▲
2024 · €785k
Cash flow
€914k▲
2024 · €594k
Current ratio
1.86▼
2024 · 2.22
Debt to equity
0.37▼
2024 · 0.43
ROE
40.1%▼
2024 · 45.5%
ROA
29.4%▼
2024 · 31.9%
Interest coverage
130.49▲
2024 · 58.81
Debt ≤ 1 year
€277k▼
2024 · €330k
Debt > 1 year
€449k▲
2024 · €161k
Income taxes
€301k▲
2024 · €183k
Staff costs
€63k▲
2024 · €61k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €21k | €41k | €61k | €63k | ▲ 4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55k | €48k | €57k | €56k | €121k | ▲ 115% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €-5k | €0 | ▲ 100% |
| Other operating charges640/8 | - | €15k | €16k | €22k | €41k | ▲ 91.3% |
| Gross operating margin9900 | €373k | €704k | €821k | €862k | €1.33M | ▲ 53.7% |
| Operating profit (loss)9901 | €280k | €620k | €707k | €728k | €1.10M | ▲ 50.9% |
| Financial income75/76B | - | €6 | €55 | €5k | €4k | ▼ 18.9% |
| Recurring financial income75 | €9 | €6 | €55 | €5k | €4k | ▼ 18.9% |
| Financial charges65/66B | - | €18k | €15k | €13k | €9k | ▼ 29.9% |
| Recurring financial charges65 | €17k | €18k | €15k | €13k | €9k | ▼ 29.9% |
| Profit (loss) for the period before taxes9903 | €263k | €603k | €693k | €720k | €1.09M | ▲ 51.9% |
| Income taxes67/77 | €67k | €158k | €174k | €183k | €301k | ▲ 65.0% |
| Profit (loss) for the period9904 | €196k | €445k | €519k | €538k | €793k | ▲ 47.4% |
| Transfer from tax-exempt reserves789 | - | €19k | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €196k | €464k | €519k | €538k | €793k | ▲ 47.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.32M | €1.58M | €2.09M | €1.68M | €2.70M | ▲ 60.3% |
| Fixed assets21/28 | €977k | €1.02M | €991k | €952k | €2.18M | ▲ 129% |
| Tangible fixed assets22/27 | €977k | €1.02M | €991k | €952k | €2.18M | ▲ 130% |
| Land and buildings22 | - | €681k | €670k | €644k | €1.90M | ▲ 195% |
| Plant, machinery and equipment23 | - | €327k | €310k | €301k | €279k | ▼ 7.2% |
| Furniture and vehicles24 | - | €14k | €12k | €7k | €5k | ▼ 35.5% |
| Financial fixed assets28 | €157 | €157 | €157 | €157 | €157 | = |
| Current assets29/58 | €346k | €562k | €1.10M | €732k | €515k | ▼ 29.6% |
| Amounts receivable within one year40/41 | €27k | €3k | €664k | €68k | €104k | ▲ 52.0% |
| Trade receivables40 | - | €3k | €615k | €49k | €104k | ▲ 110% |
| Other amounts receivable41 | - | €3 | €49k | €19k | €13 | ▼ 99.9% |
| Current investments50/53 | - | - | - | - | €200k | - |
| Cash at bank and in hand54/58 | €308k | €547k | €420k | €659k | €211k | ▼ 67.9% |
| Deferred charges and accrued income490/1 | - | €11k | €16k | €5k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.32M | €1.58M | €2.09M | €1.68M | €2.70M | ▲ 60.3% |
| Equity10/15 | €555k | €1,000k | €1.52M | €1.18M | €1.97M | ▲ 67.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €39k | €981k | €1.50M | €1.16M | €1.96M | ▲ 68.1% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | - | €19k | €19k | €19k | €19k | = |
| Distributable reserves133 | - | €961k | €1.48M | €1.14M | €1.94M | ▲ 69.3% |
| Profit (loss) carried forward14 | €497k | €0 | - | €0 | €0 | - |
| Amounts payable17/49 | €768k | €583k | €572k | €503k | €726k | ▲ 44.5% |
| Amounts payable after more than one year17 | €266k | €231k | €197k | €161k | €449k | ▲ 178% |
| Financial debts170/4 | - | €231k | €197k | €161k | €449k | ▲ 178% |
| Amounts payable within one year42/48 | €502k | €352k | €376k | €330k | €277k | ▼ 16.1% |
| Current portion of amounts payable after more than one year42 | - | €37k | €38k | €38k | €35k | ▼ 6.8% |
| Financial debts43 | - | €14 | €24 | €0 | - | - |
| Credit institutions430/8 | - | €14 | €24 | €0 | - | - |
| Trade debts44 | €24k | €8k | €16k | €7k | €71k | ▲ 925% |
| Suppliers440/4 | - | €8k | €16k | €7k | €71k | ▲ 925% |
| Taxes, remuneration and social security45 | - | €13k | €16k | €149k | €25k | ▼ 83.5% |
| Taxes450/3 | - | €8k | €9k | €135k | €6k | ▼ 95.5% |
| Remuneration and social security454/9 | - | €4k | €8k | €14k | €18k | ▲ 36.1% |
| Other amounts payable47/48 | - | €294k | €306k | €136k | €145k | ▲ 6.8% |
| Accrued charges and deferred income492/3 | - | €225 | €196 | €11k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €196k | €445k | €519k | €538k | €793k | ▲ 47.4% |
| + Depreciation and write-downs630 | €55k | €48k | €57k | €56k | €121k | ▲ 115% |
| Operating cash flow (approximation) | €251k | €494k | €576k | €594k | €914k | ▲ 53.8% |
| Investment in fixed assets (approximation) | - | €-93k | €-27k | €-17k | €-1.35M | ▼ 7,786% |
| Change in cash | - | €239k | €-127k | €239k | €-448k | ▼ 287% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €793k ▲47.4%
Operating result €1.10M, net result €793k, both a record.
18-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 18 days late
2024
12-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
30-06
Financial
Equity above €1MEq €1.52M ▲51.9%
5 profitable years in a row build equity to €1.52M.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
30-06
Financial
Liquidity doublescurrent ratio 1.60
Current ratio from 0.69 to 1.60; short-term debt falls from €502k to €352k.
11-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 39 days late
2021
30-06
Financial
Equity above €500kEq €555k ▲57.1%
3 profitable years in a row build equity to €555k.
11-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 39 days late
2020
25-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 25 days late
2019
07-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 7 days late
2018
19-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 19 days late
2017
13-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 286 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Tournai · 1 establishment unit since 2013
Ground area
871 m²
Building footprint
88 m²
Parcel 57463L0014/00V000, Wallonia. Linked by address, not a title deed.
1 establishment unit
LBM
since 20132.221.735.906
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57463L0014/00V000 | Wallonia | 870 m² | 1 · 88 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,515 companies in sector 82990 we hold annual accounts for 9,408. 3,254 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-09-2013
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
70200Business and other management consultancy
73200Market research and public opinion polling
73300Public relations and communication consultancy
78100Employment placement agencies
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.