LBM GROUP
ActiveSummary
LBM GROUP has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €294,504 and a net result of €71,134. Equity is growing by ~30% per year across the filed fiscal years. Its solvency ranks better than 18% of 220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▲+1
Solvency30▲+1
Growth78=
Track record82
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.66 against 0.93 in 2024; short-term debt: 22.3% and cash: 0.9% of total assets), and 94.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
5.4%
Return on assets
1.3%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Employment activities (NACE 78)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 220 sector peers (2025).
NBB · sector comparisonPosition among 220 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
9 d early
2024
29 d late
2023
57 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 26 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed late.
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. Usually files around 29 August (3 of the last 3 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€71,134▲ 13.4%
2024 · €62,702
Working capital
-€407,331▼ 759%
2024 · -€47,405
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result-€2,589-€276,868€279,147▲ 0.8%
Net result-€19,332below the sector's middle half-€62,702within the sector's middle half€71,134within the sector's middle half▲ 13.4%
Equity€160,668within the sector's middle half-€223,369within the sector's middle half▲ 39.0%€294,504within the sector's middle half▲ 31.8%
Total assets€4.9mabove the sector's middle half-€5.3mabove the sector's middle half▲ 8.6%€5.4mwithin the sector's middle half▲ 2.6%
Debt€4.7m-€5.1m▲ 7.6%€5.1m▲ 1.3%
Working capital-€498,346below the sector's middle half--€47,405below the sector's middle half▲ 90.5%-€407,331below the sector's middle half▼ 759%
Solvency3.3%below the sector's middle half-4.2%below the sector's middle half▲ 0.9pp5.4%below the sector's middle half▲ 1.2pp
Current ratio0.33below the sector's middle half-0.93below the sector's middle half▲ 0.600.66below the sector's middle half▼ 0.27
Return on assets (ROA)-0.4%within the sector's middle half-1.2%within the sector's middle half▲ 1.6pp1.3%within the sector's middle half▲ 0.1pp
Staff (FTE)0below the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.4m
Fixed assets
€4.6m =
Current assets
€803,730 ▲ 20.5%
Equity and liabilities €5.4m
Equity
€294,504 ▲ 31.8%
Debt
€5.1m ▲ 1.3%
Debt's share of the balance-sheet total falls from 95.8% to 94.6%. Equity and debt are higher.
Key figures and ratios
Debt to equity
17.43▼
2024 · 22.69
ROE
24.2%▼
2024 · 28.1%
Debt ≤ 1 year
€1.2m▲
2024 · €714,240
Debt > 1 year
€3.9m▼
2024 · €4.3m
Income taxes
€24,498▲
2024 · €16,245
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €384 | €513 | €219 | ▼ 57.3% |
| Gross operating margin9900 | -€2,205 | €277,382 | €279,366 | ▲ 0.7% |
| Operating profit (loss)9901 | -€2,589 | €276,868 | €279,147 | ▲ 0.8% |
| Financial charges65/66B | €16,743 | €197,922 | €183,515 | ▼ 7.3% |
| Recurring financial charges65 | €16,743 | €197,922 | €183,515 | ▼ 7.3% |
| Profit (loss) for the period before taxes9903 | -€19,332 | €78,947 | €95,632 | ▲ 21.1% |
| Income taxes67/77 | - | €16,245 | €24,498 | ▲ 50.8% |
| Profit (loss) for the period9904 | -€19,332 | €62,702 | €71,134 | ▲ 13.4% |
| Profit (loss) for the period to be appropriated9905 | -€19,332 | €62,702 | €71,134 | ▲ 13.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €4.9m | €5.3m | €5.4m | ▲ 2.6% |
| Fixed assets21/28 | €4.6m | €4.6m | €4.6m | = |
| Financial fixed assets28 | €4.6m | €4.6m | €4.6m | = |
| Current assets29/58 | €246,550 | €666,835 | €803,730 | ▲ 20.5% |
| Amounts receivable within one year40/41 | €26,504 | €380,000 | €753,616 | ▲ 98.3% |
| Trade receivables40 | €1,504 | €0 | - | - |
| Other amounts receivable41 | €25,000 | €380,000 | €753,616 | ▲ 98.3% |
| Cash at bank and in hand54/58 | €220,046 | €286,835 | €50,114 | ▼ 82.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €4.9m | €5.3m | €5.4m | ▲ 2.6% |
| Equity10/15 | €160,668 | €223,369 | €294,504 | ▲ 31.8% |
| Contributions10/11 | €180,000 | €180,000 | €180,000 | = |
| Capital10 | €180,000 | €180,000 | €180,000 | = |
| Issued capital100 | €180,000 | €180,000 | €180,000 | = |
| Reserves13 | - | €43,369 | €114,504 | ▲ 164% |
| Non-distributable reserves130/1 | - | €18,000 | €18,000 | = |
| Legal reserve130 | - | €18,000 | €18,000 | = |
| Distributable reserves133 | - | €25,369 | €96,504 | ▲ 280% |
| Profit (loss) carried forward14 | -€19,332 | €0 | - | - |
| Amounts payable17/49 | €4.7m | €5.1m | €5.1m | ▲ 1.3% |
| Amounts payable after more than one year17 | €4.0m | €4.3m | €3.9m | ▼ 9.9% |
| Financial debts170/4 | €4.0m | €4.3m | €3.9m | ▼ 9.9% |
| Amounts payable within one year42/48 | €744,896 | €714,240 | €1.2m | ▲ 69.6% |
| Current portion of amounts payable after more than one year42 | €391,412 | €410,196 | €429,455 | ▲ 4.7% |
| Financial debts43 | €350,000 | €0 | - | - |
| Credit institutions430/8 | €350,000 | €0 | - | - |
| Trade debts44 | - | €3,198 | €2,249 | ▼ 29.7% |
| Suppliers440/4 | - | €3,198 | €2,249 | ▼ 29.7% |
| Taxes, remuneration and social security45 | - | €16,245 | €20,743 | ▲ 27.7% |
| Taxes450/3 | - | €16,245 | €20,743 | ▲ 27.7% |
| Other amounts payable47/48 | €3,484 | €284,601 | €758,614 | ▲ 167% |
| Accrued charges and deferred income492/3 | €12,398 | €10,832 | €9,228 | ▼ 14.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,332 | €62,702 | €71,134 | ▲ 13.4% |
| Operating cash flow (approximation) | -€19,332 | €62,702 | €71,134 | ▲ 13.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €66,789 | -€236,721 | ▼ 454% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2023net €71,134 ▲13.4%
Operating result €279,147, net result €71,134, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Back to profitnet €62,702
Net result €62,702 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €223,369 ▲39%
Equity rises from €160,668 to €223,369.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2023
Ground area
1.2 ha
Building footprint
2,377 m²
Volume, LiDAR
14,638 m³
Parcel 31434C0521/00A000, Flanders · tallest building 20.5 m, ±2 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
LBM GROUP
since 20232.352.610.680
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31434C0521/00A000 | Flanders | 1.2 ha | 1 · 2,377 m² | 20.5 m · 2 fl. |
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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
99.82%
According to the 2025 annual accounts of LBM GROUP and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 2,360 companies in sector 78100 we hold annual accounts for 1,364. 988 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
78100Employment placement agencies
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:1002013067
Also
9925:BE1002013067
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.