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LHM ELEKTRONICS

Active
Private limited company (pre-2019)founded 199135 yrs activeWinkelomseheide 215, 2440 Geel, BelgiumKBO/BCE: BE 0445.004.821

LHM ELEKTRONICS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69k and a net result of €-28k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 62% of 190 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
69 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-51
Solvency85▲+2
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 2.37 in 2024; short-term debt: 40.5% and cash: 73.8% of total assets), and 40.5% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Sector 26
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 35 years 0 40 y
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 2025
Solvency, return and age of the figures
Solvency
59.5%
Return on assets
-23.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
4 d early
2023
on the day
2022
42 d late
2021
34 d early
2020
27 d early
2019
41 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€69k▼ 28.6%
2024 · €96k
2019: €76k 2020: €74k 2021: €86k 2022: €89k 2023: €88k 2024: €96k
2019 → 2025
Total assets
€115k▼ 30.8%
2024 · €167k
2019: €112k 2020: €142k 2021: €179k 2022: €165k 2023: €161k 2024: €167k
2019 → 2025
Net result
€-28k
2024 · €9k
2019: €-5k 2020: €-2k 2021: €62k 2022: €33k 2023: €16k 2024: €9k
2019 → 2025
Working capital
€69k▼ 28.6%
2024 · €96k
2019: €76k 2020: €72k 2021: €85k 2022: €88k 2023: €88k 2024: €96k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€86k-€89k▲ 3.1%€88k▼ 1.2%€96k▲ 10.0%€69k▼ 28.6%
Operating result€65k-€34k▼ 46.7%€23k▼ 34.3%€14k▼ 39.5%€-27k
Net result€62k-€33k▼ 47.3%€16k▼ 49.7%€9k▼ 46.9%€-28k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€-25k€0€25k€50k€75kOperating result 2021: €65k€65kNet result 2021: €62k€62kOperating result 2022: €34k€34kNet result 2022: €33k€33kOperating result 2023: €23k€23kNet result 2023: €16k€16kOperating result 2024: €14k€14kNet result 2024: €9k€9kOperating result 2025: €-27k€-27kNet result 2025: €-28k€-28k20212022202320242025
The operating result turns negative in 2025: a loss of €27k after €14k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €115k
Equity €69k▼ 28.6%
Debt €47k▼ 33.7%
The debt ratio falls from 42.3% to 40.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Solvency
59.5%
2024 · 57.7%
Current ratio
2.47
2024 · 2.37
Quick ratio
2.28
2024 · 2.24
Debt / equity
0.68
2024 · 0.73
ROE
-40.0%
2024 · 9.1%
ROA
-23.8%
2024 · 5.2%
Debt
€47k
2024 · €71k
Debt ≤ 1 year
€47k
2024 · €71k
Staff costs
€81k
2024 · €79k
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€167k€115k
Current assets29/58€167k€115k
Stocks and contracts in progress3€9k€9k=
Stocks30/36€9k€9k=
Amounts receivable within one year40/41€35k€21k
Trade receivables40€35k€21k
Cash at bank and in hand54/58€123k€85k
Equity and liabilities
Total equity and liabilities10/49€167k€115k
Equity10/15€96k€69k
Contributions10/11€46k€46k=
Reserves13€24k€24k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€26k€-2k
Amounts payable17/49€71k€47k
Amounts payable within one year42/48€71k€47k
Trade debts44€9k€18k
Suppliers440/4€9k€18k
Taxes, remuneration and social security45€31k€23k
Taxes450/3€6k€4k
Remuneration and social security454/9€24k€19k
Other amounts payable47/48€31k€6k
Income statement Code20242025
Remuneration, social security and pensions62€79k€81k
Other operating charges640/8€502€627
Gross operating margin9900€93k€54k
Operating profit (loss)9901€14k€-27k
Financial income75/76B€34-
Recurring financial income75€34-
Financial charges65/66B€1k€254
Recurring financial charges65€1k€254
Profit (loss) for the period before taxes9903€12k€-28k
Income taxes67/77€4k-
Profit (loss) for the period9904€9k€-28k
Profit (loss) for the period to be appropriated9905€9k€-28k
Appropriation of the result
Profit (loss) to be appropriated9906€26k€-2k
Profit (loss) brought forward from the previous period14P€17k€26k

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Weakest financial yearnet €-28k ▼415%
Net result drops to €-28k, the lowest in the series.
27-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
14-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 42 days late
2021
28-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial Back to profitnet €62k
Net result €62k after 2 loss-making years.
04-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
21-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
04-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
29-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
10-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Geel · 1 establishment unit since 1991
establishment The establishment unit on the map
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.

Winkelomseheide 2152440 Geel
Ground area
2,392 m²
Building footprint
785 m²
Volume, LiDAR
5,709 m³
Parcel 13373K0760/00F005, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LHM-ELECTRONICS
Winkelomseheide 215, 2440 GeelNACE 2971001
since 19912.054.144.947
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13373K0760/00F005 Flanders 2,392 m² 1 · 785 m² 9.8 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

Of 213 companies in sector 26510 we hold annual accounts for 166. 66 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded05-09-1991
Fiscal year end30-06
Activities, NACEBEL
26510Manufacture of computer, electronic and optical products
27510Manufacture of electrical equipment
33201
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.