LCDM Management
ActiveSummary
LCDM Management has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €313,356 and a net result of €31,298. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 4801 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability30▼-24
Solvency100▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.06 in 2024; short-term debt: 18.1% of total assets), and 18.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
81.9%
Return on assets
8.2%
Age of the figures
9 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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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
17 d late
2024
6 d early
2023
28 d late
2022
21 d late
2021
23 d late
2020
16 d early
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 27 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% 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 21 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#9 company by total assets in Ciney, Other services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€31,298▼ 42.9%
2024 · €54,824
Working capital
€4,349▼ 40.2%
2024 · €7,275
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€21,473▼ 23.0%€28,575▲ 33.1%€9,090▼ 68.2%€10,218▲ 12.4%-€2,848
Net result€167,371above the sector's middle half▲ 767%€20,932within the sector's middle half▼ 87.5%€69,199above the sector's middle half▲ 231%€54,824within the sector's middle half▼ 20.8%€31,298above the sector's middle half▼ 42.9%
Equity€257,103within the sector's middle half▲ 106%€265,535within the sector's middle half▲ 3.3%€302,234within the sector's middle half▲ 13.8%€282,058within the sector's middle half▼ 6.7%€313,356above the sector's middle half▲ 11.1%
Total assets€358,294within the sector's middle half▲ 10.6%€393,687within the sector's middle half▲ 9.9%€435,484within the sector's middle half▲ 10.6%€450,194within the sector's middle half▲ 3.4%€382,765above the sector's middle half▼ 15.0%
Debt€101,191▼ 49.2%€128,153▲ 26.6%€133,250▲ 4.0%€168,136▲ 26.2%€69,409▼ 58.7%
Working capital-€38,391below the sector's middle half▲ 74.5%€1,275within the sector's middle half€6,343within the sector's middle half▲ 398%€7,275within the sector's middle half▲ 14.7%€4,349within the sector's middle half▼ 40.2%
Solvency71.8%above the sector's middle half▲ 33.2pp67.4%above the sector's middle half▼ 4.3pp69.4%above the sector's middle half▲ 2.0pp62.7%above the sector's middle half▼ 6.7pp81.9%above the sector's middle half▲ 19.2pp
Current ratio0.60below the sector's middle half▲ 0.471.01within the sector's middle half▲ 0.411.06within the sector's middle half▲ 0.041.06within the sector's middle half=1.06within the sector's middle half=
Return on assets (ROA)46.7%above the sector's middle half▲ 40.8pp5.3%within the sector's middle half▼ 41.4pp15.9%above the sector's middle half▲ 10.6pp12.2%above the sector's middle half▼ 3.7pp8.2%within the sector's middle half▼ 4.0pp
Staff (FTE)1below the sector's middle half▲ 25.0%1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=1=
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2,848 after €10,218 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €382,765
Fixed assets
€309,007 ▼ 2.7%
Current assets
€73,758 ▼ 44.4%
Equity and liabilities €382,765
Equity
€313,356 ▲ 11.1%
Debt
€69,409 ▼ 58.7%
Debt's share of the balance-sheet total falls from 37.3% to 18.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€577▼
2024 · €13,461
Cash flow
€34,724▼
2024 · €58,067
Debt to equity
0.22▼
2024 · 0.60
ROE
10.0%▼
2024 · 19.4%
Interest coverage
0.14▼
2024 · 2.45
Debt ≤ 1 year
€69,409▼
2024 · €125,486
Income taxes
€1,598▼
2024 · €5,691
Staff costs
€59,876▲
2024 · €43,674
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 | €36,998 | €39,165 | €43,751 | €43,674 | €59,876 | ▲ 37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,649 | €3,243 | €3,425 | ▲ 5.6% |
| Other operating charges640/8 | €918 | €2,298 | €2,508 | €2,250 | €741 | ▼ 67.0% |
| Gross operating margin9900 | €59,390 | €70,038 | €56,998 | €59,385 | €61,194 | ▲ 3.0% |
| Operating profit (loss)9901 | €21,473 | €28,575 | €9,090 | €10,218 | -€2,848 | ▼ 128% |
| Financial income75/76B | €155,617 | €4,136 | €71,203 | €55,783 | €39,837 | ▼ 28.6% |
| Recurring financial income75 | €155,617 | €4,136 | €71,203 | €55,783 | €39,837 | ▼ 28.6% |
| Financial charges65/66B | €1,694 | €2,151 | €5,699 | €5,487 | €4,092 | ▼ 25.4% |
| Recurring financial charges65 | €1,694 | €2,151 | €5,699 | €5,487 | €4,092 | ▼ 25.4% |
| Profit (loss) for the period before taxes9903 | €175,396 | €30,560 | €74,594 | €60,514 | €32,897 | ▼ 45.6% |
| Income taxes67/77 | €8,024 | €9,628 | €5,395 | €5,691 | €1,598 | ▼ 71.9% |
| Profit (loss) for the period9904 | €167,371 | €20,932 | €69,199 | €54,824 | €31,298 | ▼ 42.9% |
| Profit (loss) for the period to be appropriated9905 | €167,371 | €20,932 | €69,199 | €54,824 | €31,298 | ▼ 42.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €358,294 | €393,687 | €435,484 | €450,194 | €382,765 | ▼ 15.0% |
| Fixed assets21/28 | €300,563 | €300,563 | €320,654 | €317,433 | €309,007 | ▼ 2.7% |
| Tangible fixed assets22/27 | - | - | €15,091 | €11,870 | €8,445 | ▼ 28.9% |
| Furniture and vehicles24 | - | - | €15,091 | €11,870 | €8,445 | ▼ 28.9% |
| Financial fixed assets28 | €300,563 | €300,563 | €305,563 | €305,563 | €300,563 | ▼ 1.6% |
| Current assets29/58 | €57,732 | €93,125 | €114,830 | €132,761 | €73,758 | ▼ 44.4% |
| Amounts receivable within one year40/41 | €50,529 | €82,206 | €108,064 | €126,248 | €73,758 | ▼ 41.6% |
| Trade receivables40 | €18,000 | €2,446 | €6,390 | €32,670 | €7,500 | ▼ 77.0% |
| Other amounts receivable41 | €32,529 | €79,760 | €101,674 | €93,578 | €66,258 | ▼ 29.2% |
| Cash at bank and in hand54/58 | €5,223 | €4,291 | - | - | - | - |
| Deferred charges and accrued income490/1 | €1,980 | €6,628 | €6,767 | €6,513 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €358,294 | €393,687 | €435,484 | €450,194 | €382,765 | ▼ 15.0% |
| Equity10/15 | €257,103 | €265,535 | €302,234 | €282,058 | €313,356 | ▲ 11.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €236,643 | €245,075 | €281,774 | €261,598 | €292,896 | ▲ 12.0% |
| Amounts payable17/49 | €101,191 | €128,153 | €133,250 | €168,136 | €69,409 | ▼ 58.7% |
| Amounts payable after more than one year17 | €5,068 | €36,302 | €24,763 | €42,650 | - | - |
| Financial debts170/4 | €5,068 | €36,302 | €24,763 | €12,669 | - | - |
| Other amounts payable178/9 | - | - | - | €29,981 | - | - |
| Amounts payable within one year42/48 | €96,123 | €91,850 | €108,487 | €125,486 | €69,409 | ▼ 44.7% |
| Current portion of amounts payable after more than one year42 | €19,927 | €16,699 | €13,589 | €12,947 | €20,667 | ▲ 59.6% |
| Financial debts43 | - | - | €28,063 | €10,591 | €23,870 | ▲ 125% |
| Credit institutions430/8 | - | - | €28,063 | €10,591 | €23,870 | ▲ 125% |
| Trade debts44 | €11,444 | €14,066 | €4,414 | €8,099 | €4,610 | ▼ 43.1% |
| Suppliers440/4 | €11,444 | €14,066 | €4,414 | €8,099 | €4,610 | ▼ 43.1% |
| Taxes, remuneration and social security45 | €18,488 | €23,870 | €15,841 | €18,849 | €20,262 | ▲ 7.5% |
| Taxes450/3 | €12,237 | €18,324 | €9,679 | €10,452 | €11,481 | ▲ 9.8% |
| Remuneration and social security454/9 | €6,251 | €5,547 | €6,161 | €8,397 | €8,781 | ▲ 4.6% |
| Other amounts payable47/48 | €46,263 | €37,215 | €46,580 | €75,000 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €167,371 | €20,932 | €69,199 | €54,824 | €31,298 | ▼ 42.9% |
| + Depreciation and write-downs630 | - | - | €1,649 | €3,243 | €3,425 | ▲ 5.6% |
| Operating cash flow (approximation) | €167,371 | €20,932 | €70,848 | €58,067 | €34,724 | ▼ 40.2% |
| Investment in fixed assets (approximation) | - | €0 | -€21,740 | -€22 | €5,000 | ▲ 23,025% |
| Change in cash | - | -€932 | - | - | - | - |
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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
30-06
State Gazette act
Board meeting · Merger
Shareholding · Other statement
26-06
State Gazette act
Board meeting · Director in office
Permanent representative · Corporate purpose
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 21 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
31-12
Financial
Highest result since 2018net €167,371 ▲767%
Net result €167,371, the highest in the series.
31-12
Financial
Equity above €200,000Eq €257,103 ▲106%
2 profitable years in a row build equity to €257,103.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €19,298
Net result €19,298 after 2 loss-making years.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
Show earlier events
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ciney · 1 establishment unit since 2014
Ground area
14.0 ha
Building footprint
2.1 ha
Parcel 91030B0213/00V002, Wallonia. Linked by address, not a title deed.
1 establishment unit
LCDM MANAGEMENT
since 20142.237.070.517
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91030B0213/00V002indicative | Wallonia | 14.0 ha | 1 · 2.1 ha | - |
Linked by address, not proof of ownership
Good to know
0 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 holding · 3 subsidiaries in the treeOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
99.6%
All subsidiaries, including indirect ones 3
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
RENO PAINTS 99.6%2 subsidiaries
According to the 2024 annual accounts of LCDM Management 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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Company details
Identification
Legal formPrivate limited company
Founded02-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
96992Tattoo and piercing services
Contact
E-mail
lorenz@reno-paints.beCiney
Phone
083/230.870Ciney
E-invoicing
Reachable via Peppol
Peppol ID
0208:0505870638
Registered
06-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.