Summary
LGMS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €51,572 and a net result of €18,401. Equity is growing by ~71.1% per year across the filed fiscal years. Its solvency ranks better than 44% of 9871 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
13 d early
2022
31 d late
2021
47 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€51,572▲ 55.5%
2023 · €33,171
Net result
€18,401▲ 15.4%
2023 · €15,947
Total assets
€106,424▲ 10.7%
2023 · €96,130
Solvency
48.5%▲ 14.0pp
2023 · 34.5%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line2021202220232024
Operating result€8,772-€9,177▲ 4.6%€22,982▲ 150%€27,462▲ 19.5%
Net result€6,451within the sector's middle half-€6,573within the sector's middle half▲ 1.9%€15,947within the sector's middle half▲ 143%€18,401within the sector's middle half▲ 15.4%
Equity€10,651below the sector's middle half-€17,224below the sector's middle half▲ 61.7%€33,171below the sector's middle half▲ 92.6%€51,572within the sector's middle half▲ 55.5%
Total assets€19,024below the sector's middle half-€24,542below the sector's middle half▲ 29.0%€96,130below the sector's middle half▲ 292%€106,424below the sector's middle half▲ 10.7%
Debt€8,373-€7,318▼ 12.6%€62,958▲ 760%€54,851▼ 12.9%
Working capital€10,043within the sector's middle half-€16,918within the sector's middle half▲ 68.5%€22,397within the sector's middle half▲ 32.4%€41,009within the sector's middle half▲ 83.1%
Solvency56.0%within the sector's middle half-70.2%within the sector's middle half▲ 14.2pp34.5%within the sector's middle half▼ 35.7pp48.5%within the sector's middle half▲ 14.0pp
Current ratio2.20within the sector's middle half-3.31within the sector's middle half▲ 1.112.04within the sector's middle half▼ 1.272.63within the sector's middle half▲ 0.59
Return on assets (ROA)33.9%above the sector's middle half-26.8%above the sector's middle half▼ 7.1pp16.6%within the sector's middle half▼ 10.2pp17.3%within the sector's middle half▲ 0.7pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 19% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €106,424
Fixed assets
€40,274 ▼ 23.0%
Current assets
€66,150 ▲ 50.8%
Equity and liabilities €106,424
Equity
€51,572 ▲ 55.5%
Debt
€54,851 ▼ 12.9%
Debt's share of the balance-sheet total falls from 65.5% to 51.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
35.7%▼
2023 · 48.1%
Debt ≤ 1 year
€25,141▲
2023 · €21,454
Debt > 1 year
€29,711▼
2023 · €41,504
Income taxes
€6,948▲
2023 · €4,802
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 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €298 | €302 | €8,028 | €12,004 | ▲ 49.5% |
| Other operating charges640/8 | - | - | €492 | €578 | ▲ 17.6% |
| Gross operating margin9900 | €9,070 | €9,479 | €31,502 | €40,043 | ▲ 27.1% |
| Operating profit (loss)9901 | €8,772 | €9,177 | €22,982 | €27,462 | ▲ 19.5% |
| Financial charges65/66B | €59 | €95 | €2,234 | €2,112 | ▼ 5.5% |
| Recurring financial charges65 | €59 | €95 | €2,234 | €2,112 | ▼ 5.5% |
| Profit (loss) for the period before taxes9903 | €8,713 | €9,081 | €20,749 | €25,350 | ▲ 22.2% |
| Income taxes67/77 | €2,262 | €2,508 | €4,802 | €6,948 | ▲ 44.7% |
| Profit (loss) for the period9904 | €6,451 | €6,573 | €15,947 | €18,401 | ▲ 15.4% |
| Profit (loss) for the period to be appropriated9905 | €6,451 | €6,573 | €15,947 | €18,401 | ▲ 15.4% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €19,024 | €24,542 | €96,130 | €106,424 | ▲ 10.7% |
| Fixed assets21/28 | €608 | €306 | €52,278 | €40,274 | ▼ 23.0% |
| Tangible fixed assets22/27 | €608 | €306 | €52,278 | €40,274 | ▼ 23.0% |
| Furniture and vehicles24 | €608 | €306 | €4 | €0 | ▼ 100% |
| Leasing and similar rights25 | - | - | €52,274 | €40,274 | ▼ 23.0% |
| Current assets29/58 | €18,416 | €24,236 | €43,852 | €66,150 | ▲ 50.8% |
| Amounts receivable within one year40/41 | - | €2,735 | €3,358 | €7,855 | ▲ 134% |
| Trade receivables40 | - | €2,735 | €3,358 | €7,855 | ▲ 134% |
| Cash at bank and in hand54/58 | €17,493 | €20,579 | €38,004 | €55,104 | ▲ 45.0% |
| Deferred charges and accrued income490/1 | €923 | €923 | €2,490 | €3,191 | ▲ 28.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €19,024 | €24,542 | €96,130 | €106,424 | ▲ 10.7% |
| Equity10/15 | €10,651 | €17,224 | €33,171 | €51,572 | ▲ 55.5% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €5,651 | €12,224 | €28,171 | €46,572 | ▲ 65.3% |
| Distributable reserves133 | €5,651 | €12,224 | €28,171 | €46,572 | ▲ 65.3% |
| Amounts payable17/49 | €8,373 | €7,318 | €62,958 | €54,851 | ▼ 12.9% |
| Amounts payable after more than one year17 | - | - | €41,504 | €29,711 | ▼ 28.4% |
| Financial debts170/4 | - | - | €41,504 | €29,711 | ▼ 28.4% |
| Amounts payable within one year42/48 | €8,373 | €7,318 | €21,454 | €25,141 | ▲ 17.2% |
| Current portion of amounts payable after more than one year42 | - | - | €11,266 | €11,794 | ▲ 4.7% |
| Trade debts44 | €846 | €824 | €1,363 | €1,363 | = |
| Suppliers440/4 | €846 | €824 | €1,363 | €1,363 | = |
| Taxes, remuneration and social security45 | €6,727 | €5,934 | €8,679 | €11,798 | ▲ 35.9% |
| Taxes450/3 | €3,277 | €4,784 | €7,529 | €4,898 | ▼ 35.0% |
| Remuneration and social security454/9 | €3,450 | €1,150 | €1,150 | €6,900 | ▲ 500% |
| Other amounts payable47/48 | €800 | €560 | €146 | €187 | ▲ 27.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,451 | €6,573 | €15,947 | €18,401 | ▲ 15.4% |
| + Depreciation and write-downs630 | €298 | €302 | €8,028 | €12,004 | ▲ 49.5% |
| Operating cash flow (approximation) | €6,749 | €6,875 | €23,975 | €30,405 | ▲ 26.8% |
| Investment in fixed assets (approximation) | - | €0 | -€60,000 | €0 | ▲ 100% |
| Change in cash | - | €3,086 | €17,425 | €17,100 | ▼ 1.9% |
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
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €18,401 ▲15.4%
Operating result €27,462, net result €18,401, both a record.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
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, Verviers · 1 establishment unit since 2021
Ground area
759 m²
Building footprint
108 m²
Parcel 63043B0352/00Y000, Wallonia. Linked by address, not a title deed.
1 establishment unit
LGMS
since 20212.312.435.953
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63043B0352/00Y000 | Wallonia | 759 m² | 1 · 108 m² | - |
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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 10,514 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761814046
Also
9925:BE0761814046
Registered
23-07-2025
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.