LJM
ActiveSummary
LJM has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €262,903 and a net result of €57,944. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 91% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability92▲+11
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 6.55 against 5.33 in 2023; short-term debt: 12.7% and cash: 6% of total assets), and 14.8% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
119 d late
2022
156 d late
2021
89 d late
2020
25 d late
2019
97 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 90 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€262,903▲ 28.3%
2023 · €204,960
Total assets
€308,544▲ 19.2%
2023 · €258,825
Net result
€57,944▲ 128%
2023 · €25,466
Working capital
€217,382▲ 44.8%
2023 · €150,146
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€53,329▼ 9.1%€61,434▲ 15.2%€27,589▼ 55.1%€37,318▲ 35.3%€76,745▲ 106%
Net result€37,817above the sector's middle half▼ 7.0%€42,388above the sector's middle half▲ 12.1%€16,131within the sector's middle half▼ 61.9%€25,466above the sector's middle half▲ 57.9%€57,944above the sector's middle half▲ 128%
Equity€139,344above the sector's middle half▲ 37.2%€163,363above the sector's middle half▲ 17.2%€179,494above the sector's middle half▲ 9.9%€204,960above the sector's middle half▲ 14.2%€262,903above the sector's middle half▲ 28.3%
Total assets€148,709within the sector's middle half▲ 4.5%€180,475within the sector's middle half▲ 21.4%€234,475within the sector's middle half▲ 29.9%€258,825within the sector's middle half▲ 10.4%€308,544within the sector's middle half▲ 19.2%
Debt€9,365▼ 77.0%€17,113▲ 82.7%€54,981▲ 221%€53,866▼ 2.0%€45,640▼ 15.3%
Working capital€133,086above the sector's middle half▲ 59.6%€151,783above the sector's middle half▲ 14.0%€121,121above the sector's middle half▼ 20.2%€150,146above the sector's middle half▲ 24.0%€217,382above the sector's middle half▲ 44.8%
Solvency93.7%above the sector's middle half▲ 22.4pp90.5%above the sector's middle half▼ 3.2pp76.6%above the sector's middle half▼ 14.0pp79.2%above the sector's middle half▲ 2.6pp85.2%above the sector's middle half▲ 6.0pp
Current ratio15.21above the sector's middle half▲ 12.179.87above the sector's middle half▼ 5.346.21above the sector's middle half▼ 3.665.33above the sector's middle half▼ 0.876.55above the sector's middle half▲ 1.22
Return on assets (ROA)25.4%above the sector's middle half▼ 3.2pp23.5%above the sector's middle half▼ 1.9pp6.9%within the sector's middle half▼ 16.6pp9.8%within the sector's middle half▲ 3.0pp18.8%above the sector's middle half▲ 8.9pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, 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
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 106% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €308,544
Fixed assets
€51,992 ▼ 29.8%
Current assets
€256,551 ▲ 38.8%
Equity and liabilities €308,544
Equity
€262,903 ▲ 28.3%
Debt
€45,640 ▼ 15.3%
Debt's share of the balance-sheet total falls from 20.8% to 14.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€98,786▲
2023 · €59,077
Cash flow
€79,984▲
2023 · €47,224
Debt to equity
0.17▼
2023 · 0.26
ROE
22.0%▲
2023 · 12.4%
Interest coverage
32.08▲
2023 · 29.02
Debt ≤ 1 year
€39,170▲
2023 · €34,646
Debt > 1 year
€6,471▼
2023 · €19,219
Income taxes
€24,451▲
2023 · €13,568
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €8,145 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,960 | €2,585 | €12,756 | €21,759 | €22,041 | ▲ 1.3% |
| Other operating charges640/8 | - | €869 | €1,860 | €1,095 | €1,463 | ▲ 33.7% |
| Gross operating margin9900 | €71,301 | €64,887 | €42,205 | €60,171 | €100,249 | ▲ 66.6% |
| Operating profit (loss)9901 | €53,329 | €61,434 | €27,589 | €37,318 | €76,745 | ▲ 106% |
| Financial income75/76B | - | €272 | - | €3,751 | €8,730 | ▲ 133% |
| Recurring financial income75 | €0 | €272 | - | €3,751 | €8,730 | ▲ 133% |
| Financial charges65/66B | - | €651 | €1,361 | €2,035 | €3,080 | ▲ 51.3% |
| Recurring financial charges65 | €313 | €651 | €1,361 | €2,035 | €3,080 | ▲ 51.3% |
| Profit (loss) for the period before taxes9903 | €53,016 | €61,055 | €26,228 | €39,034 | €82,395 | ▲ 111% |
| Income taxes67/77 | €15,199 | €18,667 | €10,096 | €13,568 | €24,451 | ▲ 80.2% |
| Profit (loss) for the period9904 | €37,817 | €42,388 | €16,131 | €25,466 | €57,944 | ▲ 128% |
| Profit (loss) for the period to be appropriated9905 | €37,817 | €42,388 | €16,131 | €25,466 | €57,944 | ▲ 128% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €148,709 | €180,475 | €234,475 | €258,825 | €308,544 | ▲ 19.2% |
| Fixed assets21/28 | €6,259 | €11,579 | €90,089 | €74,033 | €51,992 | ▼ 29.8% |
| Tangible fixed assets22/27 | €6,259 | €11,579 | €90,089 | €74,033 | €51,992 | ▼ 29.8% |
| Land and buildings22 | - | €161 | €108 | €54 | - | - |
| Plant, machinery and equipment23 | - | €2,167 | €1,172 | €5,554 | €3,952 | ▼ 28.8% |
| Furniture and vehicles24 | - | €9,251 | €88,809 | €68,425 | €48,040 | ▼ 29.8% |
| Current assets29/58 | €142,450 | €168,896 | €144,386 | €184,793 | €256,551 | ▲ 38.8% |
| Amounts receivable after more than one year29 | - | - | €61,000 | €61,000 | €61,000 | = |
| Other amounts receivable291 | - | - | €61,000 | €61,000 | €61,000 | = |
| Amounts receivable within one year40/41 | €20,658 | €24,812 | €24,034 | €106,764 | €177,142 | ▲ 65.9% |
| Trade receivables40 | - | €14,299 | €16,201 | €17,878 | €17,666 | ▼ 1.2% |
| Other amounts receivable41 | - | €10,513 | €7,834 | €88,886 | €159,476 | ▲ 79.4% |
| Cash at bank and in hand54/58 | €121,792 | €144,084 | €59,352 | €17,029 | €18,409 | ▲ 8.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €148,709 | €180,475 | €234,475 | €258,825 | €308,544 | ▲ 19.2% |
| Equity10/15 | €139,344 | €163,363 | €179,494 | €204,960 | €262,903 | ▲ 28.3% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €133,144 | €157,163 | €173,294 | €198,760 | €256,703 | ▲ 29.2% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €155,303 | €173,294 | €198,760 | €256,703 | ▲ 29.2% |
| Amounts payable17/49 | €9,365 | €17,113 | €54,981 | €53,866 | €45,640 | ▼ 15.3% |
| Amounts payable after more than one year17 | - | - | €31,716 | €19,219 | €6,471 | ▼ 66.3% |
| Financial debts170/4 | - | - | €31,716 | €19,219 | €6,471 | ▼ 66.3% |
| Amounts payable within one year42/48 | €9,365 | €17,113 | €23,265 | €34,646 | €39,170 | ▲ 13.1% |
| Current portion of amounts payable after more than one year42 | - | - | €12,250 | €12,497 | €12,749 | ▲ 2.0% |
| Trade debts44 | €5,089 | €4,472 | €7,141 | €13,456 | €7,926 | ▼ 41.1% |
| Suppliers440/4 | - | €4,472 | €7,141 | €13,456 | €7,926 | ▼ 41.1% |
| Taxes, remuneration and social security45 | - | €12,641 | €3,163 | €8,693 | €18,495 | ▲ 113% |
| Taxes450/3 | - | €10,309 | €3,163 | €8,693 | €18,495 | ▲ 113% |
| Remuneration and social security454/9 | - | €2,332 | - | - | - | - |
| Other amounts payable47/48 | - | - | €710 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,817 | €42,388 | €16,131 | €25,466 | €57,944 | ▲ 128% |
| + Depreciation and write-downs630 | €16,960 | €2,585 | €12,756 | €21,759 | €22,041 | ▲ 1.3% |
| Operating cash flow (approximation) | €54,778 | €44,973 | €28,888 | €47,224 | €79,984 | ▲ 69.4% |
| Investment in fixed assets (approximation) | - | -€7,906 | -€91,266 | -€5,702 | €0 | ▲ 100% |
| Change in cash | - | €22,292 | -€84,733 | -€42,323 | €1,380 | ▲ 103% |
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
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial
Highest result since 2018net €57,944 ▲128%
Operating result €76,745, net result €57,944, both a record.
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 156 days late
2023
31-12
Financial
Equity above €200,000Eq €204,960 ▲14.2%
6 profitable years in a row build equity to €204,960.
2022
31-12
Financial
Weakest financial yearnet €16,131 ▼61.9%
Net result drops to €16,131, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
31-12
Financial
Equity above €150,000Eq €163,363 ▲17.2%
4 profitable years in a row build equity to €163,363.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Liquidity times 5current ratio 15.21
Current ratio from 3.05 to 15.21; short-term debt falls from €40,763 to €9,365.
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
31-12
Financial
Equity above €100,000Eq €101,527 ▲38.2%
2 profitable years in a row build equity to €101,527.
Show earlier events
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 120 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 121 days late
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Kuurne · 1 establishment unit since 2010
Ground area
1,981 m²
Building footprint
213 m²
Volume, LiDAR
1,400 m³
Parcel 34023B0812/00L002, Flanders · tallest building 12.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LJM
since 20102.186.122.256
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023B0812/00L002 | Flanders | 1,981 m² | 1 · 213 m² | 12.8 m · 2 fl. |
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 1,071 companies in sector 47741 we hold annual accounts for 645. 484 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
Founded25-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
32500Manufacture of medical and dental instruments and supplies
46150Agents in the wholesale of furniture, household goods and hardware
46460Wholesale of pharmaceutical and medical goods
77225Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0824298872
Also
9925:BE0824298872
Registered
24-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.