LGM
ActiveLGM has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21k and a net result of €19k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 15% of 37980 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency19▼-77
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.98 against 2.0 in 2023), and 88.1% 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
11.9%
Return on assets
11%
Age of the figures
20 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 37980 sector peers (2024).
NBB · sector comparisonPosition among 37980 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
33 d early
2022
31 d early
2021
2 d early
2020
27 d late
2019
69 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€21k▼ 75.9%
2023 · €85k
2018: €29k
2019: €70k
2020: €86k
2021: €78k
2022: €42k
2023: €85k
2018 → 2024
Total assets
€173k▲ 5.1%
2023 · €165k
2018: €51k
2019: €97k
2020: €126k
2021: €108k
2022: €93k
2023: €165k
2018 → 2024
Net result
€19k▼ 56.2%
2023 · €44k
2018: €23k
2019: €41k
2020: €16k
2021: €-8k
2022: €-13k
2023: €44k
2018 → 2024
Working capital
€-3k
2023 · €59k
2018: €29k
2019: €70k
2020: €86k
2021: €77k
2022: €40k
2023: €59k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€86k-€78k▼ 9.3%€42k▼ 46.4%€85k▲ 105%€21k▼ 75.9%
Operating result€21k-€-8k€-13k▼ 69.4%€53k€26k▼ 51.3%
Net result€16k-€-8k€-13k▼ 68.7%€44k€19k▼ 56.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 51% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €173k
Fixed assets
€36k▼ 22.6%
Current assets
€137k▲ 16.1%
Equity and liabilities €173k
Equity
€21k▼ 75.9%
Debt
€153k▲ 91.6%
The debt ratio rises from 48.3% to 88.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€37k▼
2023 · €58k
Cash flow
€30k▼
2023 · €48k
Solvency
11.9%▼
2023 · 51.7%
Current ratio
0.98▼
2023 · 2.00
Quick ratio
0.98▼
2023 · 2.00
Debt / equity
7.43▲
2023 · 0.94
ROE
93.0%▲
2023 · 51.2%
ROA
11.0%▼
2023 · 26.4%
Interest coverage
22.13▼
2023 · 74.64
Debt
€153k▲
2023 · €80k
Debt ≤ 1 year
€139k▲
2023 · €59k
Debt > 1 year
€13k▼
2023 · €21k
Income taxes
€5k▼
2023 · €9k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€165k€173k▲
Fixed assets21/28€47k€36k▼
Tangible fixed assets22/27€47k€36k▼
Plant, machinery and equipment23€593€0▼
Furniture and vehicles24€46k€36k▼
Current assets29/58€118k€137k▲
Amounts receivable within one year40/41€52k€62k▲
Trade receivables40€44k€54k▲
Other amounts receivable41€7k€8k▲
Cash at bank and in hand54/58€59k€55k▼
Deferred charges and accrued income490/1€7k€20k▲
Equity and liabilities
Total equity and liabilities10/49€165k€173k▲
Equity10/15€85k€21k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€65k€76▼
Amounts payable17/49€80k€153k▲
Amounts payable after more than one year17€21k€13k▼
Financial debts170/4€21k€13k▼
Amounts payable within one year42/48€59k€139k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Financial debts43€781€1k▲
Credit institutions430/8€781€1k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€9k€5k▼
Taxes450/3€9k€5k▼
Other amounts payable47/48€41k€124k▲
Income statement
Code20232024
Non-recurring operating income76A€2k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€11k▲
Other operating charges640/8€532€327▼
Gross operating margin9900€59k€37k▼
Operating profit (loss)9901€53k€26k▼
Financial income75/76B€0€4▲
Recurring financial income75€0€4▲
Financial charges65/66B€777€2k▲
Recurring financial charges65€777€2k▲
Profit (loss) for the period before taxes9903€53k€24k▼
Income taxes67/77€9k€5k▼
Profit (loss) for the period9904€44k€19k▼
Profit (loss) for the period to be appropriated9905€44k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€84k▲
Profit (loss) brought forward from the previous period14P€21k€65k▲
Profit to be distributed694/7€0€84k▲
Return on contributions (dividend)694€0€84k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €44k
Net result €44k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Pelt · 1 establishment unit since 2018
Ground area
1,439 m²
Building footprint
239 m²
Volume, LiDAR
1,213 m³
Parcel 72029B0601/00H000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LGM
since 20182.274.483.318
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72029B0601/00H000 | Flanders | 1,439 m² | 1 · 239 m² | 7.9 m · 2 fl. |
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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Of 82,127 companies in sector 70200 we hold annual accounts for 52,092. 30,474 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.