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LG MOTOR

Active
Private limited companyfounded 2019active for 6 yearsChaussée de Ciney 105, 5300 Andenne, BelgiumKBO/BCE: BE 0738.517.220
Summary

LG MOTOR has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €549,164 and a net result of €266,018. Equity has been growing by about 31% per year since 2020. Its solvency ranks better than 53% of 3,306 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-11-2019 Normal situation
Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311and 4 others
Establishment unit
2.296.278.822 5300 Andenne, since 28-11-2019
Financial year end
31 December
Peppol
Reachable since 30-12-2025

Board and ownership

Board
  • LECOMTE GAETANDirector

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€396,779
▲ 19.7%
Turnover
≈ €1.5m
estimated
Profit
€266,018
▲ 23.0%
Equity
€549,164
▼ 29.9%
Total assets
€1.4m
▲ 33.3%
Employees on 31-12-2025
1
=
  • 2025 accounts filed 6 days after the deadline
Score breakdownraises riskSector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)lowers riskSize: total assets €1.4mLiquidity: current ratio 1.78, cash €622,630Figures for financial year 2025 (filed on 06-08-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength · tick: 2024
Strong
Solvency 65-35
equity 40.4% of total assets
Liquidity 75-25
short-term debt 50.0% · cash 45.8%
Profitability 93-2
return on assets 19.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,129 companies, NACE 95, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.2 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.78 (8.16 in 2024), above the usual 1.5. Short-term debt is 50% and cash 45.8% of total assets. However, 59.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro). It does better than 51% of them on solvency, 76% on liquidity, 83% on profitability and 13% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €1.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.78, cash €622,630
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 06-08-2026)
NBB · annual accounts
raises risk · Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
KBO
raises risk · 2025 accounts filed 6 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
6 days late
2024
15 days late
2023
5 days early
2022
30 days late
2021
6 days late
2020
16 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 11 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest company by equity in Andenne, Other services sectorin the Checked rankings No. 1 View
  • Positive: 6 profitable years in a rowprofit 2025: €266,018 6 years View
  • Caution: Equity fell in 2025from €783,146 to €549,164 ▼ 29.9% View

Recent changes

  1. · Gazette deed Incorporation
All 11 events

Comparable companies

These companies have the same main activity as LG MOTOR: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €1.1m and €1.8m, founded between 2018 and 2021.

CompanyTotal assetsGross margin
LG MOTOR Andenne€1.4m€0.4m
GARAGE ROELS Lebbeke€1.3m€0.4m
Jeepservice Wetteren€1.7m€0.3m
Icarus Motors Tessenderlo-Ham€1.1m€0.4m
GROUP JOLIFE Asse€1.8m€0.4m
Trommelen Beerse€1.3m€0.4m
ACG1 Geel€1.4m€0.4m
Full comparison

Key facts about LG MOTOR

What is the company number of LG MOTOR?
The company number of LG MOTOR is 0738.517.220. The VAT number is the same number with BE in front: BE 0738.517.220.
Where is LG MOTOR based?
The registered office is at Chaussée de Ciney 105, 5300 Andenne.Company details
What does LG MOTOR do?
According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
What is the legal form of LG MOTOR?
The legal form of LG MOTOR is Private limited company (BV).
When was LG MOTOR founded?
LG MOTOR was founded on 28-11-2019.
Is LG MOTOR still active?
Yes, LG MOTOR is an active enterprise in the KBO register.
How many employees does LG MOTOR have?
LG MOTOR had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LG MOTOR?
The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €396,779 and 35 comparable companies (NACE 953). It probably lies between €1.1m and €2.0m.
Is LG MOTOR profitable?
In financial year 2025, LG MOTOR made a profit of €266,018.
Where can I find the annual accounts of LG MOTOR?
LG MOTOR filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LG MOTOR due?
LG MOTOR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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