Learning Management Resources
ActiveLearning Management Resources has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €316k and a net result of €58k. Equity is growing by ~28.4% per year across the filed fiscal years. Its solvency ranks better than 85% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 7.7 against 9.63 in 2024; short-term debt: 12.7% and cash: 65.5% of total assets), and 12.7% 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
87.3%
Return on assets
16%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
30 d early
2024
28 d late
2023
21 d late
2022
58 d late
2021
30 d late
2020
73 d late
2019
53 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€316k▲ 15.8%
2024 · €273k
2018: €52k
2019: €83k
2020: €102k
2021: €136k
2022: €181k
2023: €228k
2024: €273k
2018 → 2025
Total assets
€363k▲ 19.6%
2024 · €303k
2018: €95k
2019: €117k
2020: €136k
2021: €167k
2022: €224k
2023: €265k
2024: €303k
2018 → 2025
Net result
€58k▲ 29.3%
2024 · €45k
2018: €75k
2019: €31k
2020: €19k
2021: €34k
2022: €45k
2023: €47k
2024: €45k
2018 → 2025
Working capital
€310k▲ 19.9%
2024 · €258k
2018: €50k
2019: €76k
2020: €96k
2021: €96k
2022: €150k
2023: €205k
2024: €258k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€136k-€181k▲ 33.2%€228k▲ 26.2%€273k▲ 19.7%€316k▲ 15.8%
Operating result€47k-€63k▲ 34.5%€66k▲ 5.5%€61k▼ 6.9%€75k▲ 22.8%
Net result€34k-€45k▲ 34.1%€47k▲ 5.1%€45k▼ 5.2%€58k▲ 29.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 23% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €363k
Fixed assets
€7k▼ 56.2%
Current assets
€356k▲ 23.5%
Equity and liabilities €363k
Equity
€316k▲ 15.8%
Debt
€46k▲ 54.5%
The debt ratio rises from 9.9% to 12.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€84k▲
2024 · €70k
Cash flow
€66k▲
2024 · €53k
Solvency
87.3%▼
2024 · 90.1%
Current ratio
7.70▼
2024 · 9.63
Quick ratio
7.70▼
2024 · 9.63
Debt / equity
0.15▲
2024 · 0.11
ROE
18.4%▲
2024 · 16.4%
ROA
16.0%▲
2024 · 14.8%
Interest coverage
262.96▼
2024 · 412.86
Debt
€46k▲
2024 · €30k
Debt ≤ 1 year
€46k▲
2024 · €30k
Income taxes
€21k▲
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€303k€363k▲
Fixed assets21/28€15k€7k▼
Tangible fixed assets22/27€15k€7k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€12k€5k▼
Current assets29/58€288k€356k▲
Amounts receivable within one year40/41€33k€18k▼
Trade receivables40€31k€18k▼
Other amounts receivable41€2k€304▼
Current investments50/53€100k€100k=
Cash at bank and in hand54/58€154k€237k▲
Deferred charges and accrued income490/1€2k€709▼
Equity and liabilities
Total equity and liabilities10/49€303k€363k▲
Equity10/15€273k€316k▲
Contributions10/11€6k€6k=
Reserves13€224k€259k▲
Distributable reserves133€224k€259k▲
Profit (loss) carried forward14€43k€51k▲
Amounts payable17/49€30k€46k▲
Amounts payable within one year42/48€30k€46k▲
Trade debts44€3k€927▼
Suppliers440/4€3k€927▼
Taxes, remuneration and social security45€27k€28k▲
Taxes450/3€27k€28k▲
Other amounts payable47/48-€17k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€682€701▲
Gross operating margin9900€70k€84k▲
Operating profit (loss)9901€61k€75k▲
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€169€319▲
Recurring financial charges65€169€319▲
Profit (loss) for the period before taxes9903€65k€79k▲
Income taxes67/77€20k€21k▲
Profit (loss) for the period9904€45k€58k▲
Profit (loss) for the period to be appropriated9905€45k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€87k€101k▲
Profit (loss) brought forward from the previous period14P€42k€43k▲
Transfer from equity791/2-€15k
Transfer to equity691/2€44k€50k▲
To other reserves6921€44k€50k▲
Profit to be distributed694/7-€15k
Directors or managers695-€15k
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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Equity above €200kEq €228k ▲26.2%
6 profitable years in a row build equity to €228k.
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
31-12
Financial
Equity above €150kEq €181k ▲33.2%
5 profitable years in a row build equity to €181k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 73 days late
2020
31-12
Financial
Weakest financial yearnet €19k ▼38.1%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €102k ▲23.3%
3 profitable years in a row build equity to €102k.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ath · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chemin du Quesnoy(Bou) 297803 AthGround area
678 m²
Building footprint
182 m²
Parcel 51011A0304/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Learning Management Resources
since 20172.266.790.030
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51011A0304/00F000 | Wallonia | 678 m² | 1 · 182 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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ARTICO SOLUTIONS
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MOSA INVEST
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 37,813 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-07-2017
Fiscal year end31-12
Abbreviation FR
L.M.R.
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.