LM & C°
Open bankruptcyA bankruptcy procedure is open for LM & C° according to publications in the Belgian State Gazette; curator: HANS UBBEN.
Summary
The 2021 annual accounts show negative equity (-€136,613) and a net result of -€556,385.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 17 November 2022
- Supervising judge
- Hilde Van de Wal
- Official Gazette
- 24-11-2022 (pdf) ↗search the document for 2022/143169
Curator
- Hans UbbenPlantinkaai 24, 2000 Antwerpen 1hu@confidenz.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Freight transport by road sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, abbreviated schema
Equity
-€136,613
2020 · €419,772
Total assets
€2.7m▼ 17.8%
2020 · €3.2m
Net result
-€556,385▲ 8.0%
2020 · -€604,821
Working capital
€80,461▼ 86.6%
2020 · €599,782
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€148,554-€183,416▲ 23.5%-€545,455-€501,415▲ 8.1%
Net result€95,095-€99,170▲ 4.3%-€604,821-€556,385▲ 8.0%
Equity€925,424-€1.0m▲ 10.7%€419,772▼ 59.0%-€136,613
Total assets€3.0m-€3.6m▲ 20.0%€3.2m▼ 11.3%€2.7m▼ 17.8%
Debt€2.1m-€2.6m▲ 24.0%€2.8m▲ 7.4%€2.8m▼ 0.6%
Working capital€913,162-€1.1m▲ 22.9%€599,782▼ 46.5%€80,461▼ 86.6%
Staff (FTE)0.2-6.3▲ 3,050%17.7▲ 181%20.6▲ 16.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €501,415 in 2021 against €545,455 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €2.7m
Fixed assets
€794,298 ▼ 31.0%
Current assets
€1.9m ▼ 10.4%
Key figures and ratios
EBITDA
-€157,547▲
2020 · -€186,931
Cash flow
-€212,518▲
2020 · -€246,297
Solvency
-5.1%▼
2020 · 13.0%
Current ratio
1.05▼
2020 · 1.41
Debt to equity
-20.43▼
2020 · 3.17
ROA
-21.0%▼
2020 · -18.7%
Interest coverage
-1.81
Debt ≤ 1 year
€1.8m▲
2020 · €1.5m
Debt > 1 year
€1.0m▼
2020 · €1.3m
Income taxes
€809▼
2020 · €10,997
Staff costs
€926,126
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €926,126 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €239,286 | €330,493 | €358,524 | €343,867 | ▼ 4.1% |
| Other operating charges640/8 | - | - | - | €37,822 | - |
| Gross operating margin9900 | €445,082 | €817,079 | €652,370 | €806,401 | ▲ 23.6% |
| Operating profit (loss)9901 | €148,554 | €183,416 | -€545,455 | -€501,415 | ▲ 8.1% |
| Financial income75/76B | - | - | - | €32,770 | - |
| Recurring financial income75 | €64,125 | €43,626 | €42,734 | €32,770 | ▼ 23.3% |
| Financial charges65/66B | - | - | - | €86,931 | - |
| Recurring financial charges65 | €69,032 | €103,534 | €91,103 | €86,931 | ▼ 4.6% |
| Profit (loss) for the period before taxes9903 | €143,647 | €123,508 | -€593,824 | -€555,577 | ▲ 6.4% |
| Income taxes67/77 | €48,552 | €24,339 | €10,997 | €809 | ▼ 92.6% |
| Profit (loss) for the period9904 | €95,095 | €99,170 | -€604,821 | -€556,385 | ▲ 8.0% |
| Profit (loss) for the period to be appropriated9905 | €95,095 | €99,170 | -€604,821 | -€556,385 | ▲ 8.0% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €3.0m | €3.6m | €3.2m | €2.7m | ▼ 17.8% |
| Fixed assets21/28 | €1.1m | €1.4m | €1.2m | €794,298 | ▼ 31.0% |
| Tangible fixed assets22/27 | €1.1m | €1.4m | €1.1m | €772,379 | ▼ 31.6% |
| Furniture and vehicles24 | - | - | - | €2,072 | - |
| Other tangible fixed assets26 | - | - | - | €770,307 | - |
| Financial fixed assets28 | €18,610 | €19,238 | €21,919 | €21,919 | = |
| Current assets29/58 | €1.9m | €2.2m | €2.1m | €1.9m | ▼ 10.4% |
| Amounts receivable within one year40/41 | €1.8m | €2.0m | €2.0m | €1.8m | ▼ 10.6% |
| Trade receivables40 | - | - | - | €428,316 | - |
| Other amounts receivable41 | - | - | - | €1.4m | - |
| Cash at bank and in hand54/58 | €40,280 | €67,080 | €42,362 | €41,041 | ▼ 3.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €3.0m | €3.6m | €3.2m | €2.7m | ▼ 17.8% |
| Equity10/15 | €925,424 | €1.0m | €419,772 | -€136,613 | ▼ 133% |
| Contributions10/11 | €6,250 | €6,250 | - | €6,250 | - |
| Reserves13 | €52,264 | €52,264 | €52,264 | €52,264 | = |
| Non-distributable reserves130/1 | - | - | - | €1,875 | - |
| Reserves not available under the articles1311 | - | - | - | €1,875 | - |
| Distributable reserves133 | - | - | - | €50,389 | - |
| Profit (loss) carried forward14 | €866,910 | €966,080 | €361,259 | -€195,127 | ▼ 154% |
| Amounts payable17/49 | €2.1m | €2.6m | €2.8m | €2.8m | ▼ 0.6% |
| Amounts payable after more than one year17 | €1.1m | €1.5m | €1.3m | €1.0m | ▼ 24.1% |
| Financial debts170/4 | - | - | - | €1.0m | - |
| Amounts payable within one year42/48 | €988,414 | €1.1m | €1.5m | €1.8m | ▲ 20.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €749,776 | - |
| Trade debts44 | €185,371 | €291,956 | €486,327 | €729,810 | ▲ 50.1% |
| Suppliers440/4 | - | - | - | €729,810 | - |
| Taxes, remuneration and social security45 | - | - | - | €243,471 | - |
| Taxes450/3 | - | - | - | €139,511 | - |
| Remuneration and social security454/9 | - | - | - | €103,960 | - |
| Other amounts payable47/48 | - | - | - | €55,907 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €95,095 | €99,170 | -€604,821 | -€556,385 | ▲ 8.0% |
| + Depreciation and write-downs630 | €239,286 | €330,493 | €358,524 | €343,867 | ▼ 4.1% |
| Operating cash flow (approximation) | €334,381 | €429,663 | -€246,297 | -€212,518 | ▲ 13.7% |
| Investment in fixed assets (approximation) | - | -€645,809 | -€61,744 | €13,500 | ▲ 122% |
| Change in cash | - | €26,801 | -€24,718 | -€1,321 | ▲ 94.7% |
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
2022
24-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 17-11-2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 92 days late
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 118 days late
23-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 207 days late
2020
31-12
Financial
Weakest financial yearnet -€604,821
Net result drops to -€604,821, the lowest in the series.
2019
31-12
Financial
Highest result since 2018net €99,170 ▲4.3%
Operating result €183,416, net result €99,170, both a record.
31-12
Financial
Equity above €1mEq €1.0m ▲10.7%
2 profitable years in a row build equity to €1.0m.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 14 days late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 91 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
01-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 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
15 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, Antwerpen · 1 establishment unit since 2006
Ground area
1,491 m²
Building footprint
984 m²
Volume, LiDAR
7,216 m³
Parcel 11463D0325/00K002, Flanders · tallest building 8.2 m, ±3 floors. Linked by address, not a title deed.
314
companies at this address
See who is registered here
1 establishment unit
LM & C°
since 20062.156.144.011
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0325/00K002 | Flanders | 1,491 m² | 1 · 984 m² | 8.2 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | HANS UBBEN PLANTINKAAI 24, 2000 ANTWERPEN 1- |
17-11-2022 → present |
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 5,450 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 (pre-2019)
Founded31-08-2006
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
47300Retail sale of automotive fuel
95314Bodywork repair (including spraying and painting)
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.