LGMS CONSULT
ActiveSummary
For LGMS CONSULT, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €560k and a net result of €250k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 84% of 4188 sector peers (fiscal year 2022). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability100=
Solvency100=
Growth76▲+3
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2022Solvency, return and age of the figures
Solvency
85.5%
Return on assets
38.2%
Age of the figures
45 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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 13-09-2026, 1140 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
1140 d late
2021
203 d late
2020
340 d late
2019
367 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, full schema
Turnover
€528k▲ 21.2%
2021 · €436k
2018: €337k
2019: €369k
2020: €405k
2021: €436k
2018 → 2022
EBIT margin
60.4%▲ 6.5pp
2021 · 53.9%
2018: 57.8%
2019: 48.5%
2020: 57.0%
2021: 53.9%
2018 → 2022
Net result
€250k▲ 36.6%
2021 · €183k
2018: €154k
2019: €144k
2020: €182k
2021: €183k
2018 → 2022
Working capital
€551k▲ 13.4%
2021 · €486k
2018: €289k
2019: €368k
2020: €482k
2021: €486k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€337k-€369k▲ 9.6%€405k▲ 9.7%€436k▲ 7.6%€528k▲ 21.2%
Equity€251k-€355k▲ 41.2%€447k▲ 25.9%€510k▲ 14.1%€560k▲ 9.8%
Operating result€195k-€179k▼ 8.0%€231k▲ 28.7%€235k▲ 1.8%€319k▲ 35.8%
Net result€154k-€144k▼ 6.6%€182k▲ 26.7%€183k▲ 0.7%€250k▲ 36.6%
Result per fiscal year
Operating resultNet result
After the dip in 2019 the operating result has climbed three years in a row; 2022 is 36% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €656k
Fixed assets
€39k ▼ 45.9%
Current assets
€617k ▲ 4.6%
Equity and liabilities €656k
Equity
€560k ▲ 9.8%
Debt
€95k ▼ 37.0%
Debt's share of the balance-sheet total falls from 22.8% to 14.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€352k▲
2021 · €259k
Cash flow
€283k▲
2021 · €207k
Current ratio
9.38▲
2021 · 5.70
Debt to equity
0.17▼
2021 · 0.30
ROE
44.7%▲
2021 · 35.9%
ROA
38.2%▲
2021 · 27.7%
Interest coverage
63.58▲
2021 · 51.43
Debt ≤ 1 year
€66k▼
2021 · €103k
Debt > 1 year
€24k▼
2021 · €43k
Income taxes
€63k▲
2021 · €47k
Staff costs
€33k▲
2021 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 50 lines
Balance sheet
Code20212022
Assets
Total assets20/58€661k€656k▼
Fixed assets21/28€72k€39k▼
Tangible fixed assets22/27€72k€39k▼
Furniture and vehicles24€66k€36k▼
Other tangible fixed assets26€5k€3k▼
Current assets29/58€589k€617k▲
Amounts receivable within one year40/41€370k€446k▲
Trade receivables40€45k€70k▲
Other amounts receivable41€325k€376k▲
Cash at bank and in hand54/58€24k€3k▼
Deferred charges and accrued income490/1€196k€168k▼
Equity and liabilities
Total equity and liabilities10/49€661k€656k▼
Equity10/15€510k€560k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€491k€542k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€490k€540k▲
Amounts payable17/49€151k€95k▼
Amounts payable after more than one year17€43k€24k▼
Financial debts170/4€43k€24k▼
Amounts payable within one year42/48€103k€66k▼
Current portion of amounts payable after more than one year42€22k€20k▼
Trade debts44€18k€494▼
Suppliers440/4€18k€494▼
Taxes, remuneration and social security45€63k€45k▼
Taxes450/3€58k€40k▼
Remuneration and social security454/9€5k€5k▼
Accrued charges and deferred income492/3€4k€6k▲
Income statement
Code20212022
Turnover70€436k€528k▲
Goods, raw materials, services and sundry goods60/61€147k€139k▼
Remuneration, social security and pensions62€22k€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€33k▲
Other operating charges640/8€8k€4k▼
Gross operating margin9900€289k€389k▲
Operating profit (loss)9901€235k€319k▲
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€230k€313k▲
Income taxes67/77€47k€63k▲
Profit (loss) for the period9904€183k€250k▲
Profit (loss) for the period to be appropriated9905€183k€250k▲
Appropriation of the result
Profit (loss) to be appropriated9906€183k€250k▲
Transfer to equity691/2€63k€50k▼
To other reserves6921€63k€50k▼
Profit to be distributed694/7€120k€200k▲
Directors or managers695€120k€200k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 1140 days late
2023
19-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 203 days late
2022
31-12
Financial
Highest result since 2018net €250k ▲36.6%
Operating result €319k, net result €250k, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 340 days late
2021
31-12
Financial
Equity above €500kEq €510k ▲14.1%
4 profitable years in a row build equity to €510k.
02-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 367 days late
2020
13-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 166 days late
2019
31-12
Financial
Weakest financial yearnet €144k ▼6.6%
Net result drops to €144k, the lowest in the series; recovery starts the following year.
18-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 230 days late
2018
21-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 294 days late
2017
06-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 249 days late
2016
18-01
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 171 days late
2015
13-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 256 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wavre · 1 establishment unit since 2007
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.
Clos du Haras 161301 WavreGround area
2,148 m²
Building footprint
217 m²
Volume, LiDAR
1,220 m³
Parcel 25006E0065/00M005, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LGMS CONSULT
since 20072.163.016.064
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25006E0065/00M005 | Wallonia | 2,148 m² | 1 · 217 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.
Similar companies · same sector, comparable size
GABALEX
BE 0845.251.070
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Winters Industrial Technology
BE 0447.598.481
Maaseik · Eq €560,242
CRE8-IT
BE 0884.978.510
Koksijde · Eq €560,424
Point-Guard
BE 0671.447.361
Watermaal-Bosvoorde · Eq €560,439
JEDAFRA
BE 0821.258.022
Namur · Eq €560,175
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 33,698 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0475/25.19.35