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LM Horizon

Active
Private limited companyfounded 2017active for 9 yearsHamoirlaan 25W, 1180 Ukkel, BelgiumKBO/BCE: BE 0673.481.094
Summary

The computed 12-month bankruptcy probability of LM Horizon is 2.6% (moderate). The 2025 annual accounts show negative equity (-€171,555) and a net result of -€3,088. Equity has been shrinking by about 24% per year since 2018. Its solvency ranks better than 13% of 5,718 sector peers (NACE 96, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 24-03-2017 Normal situation
Activity
Hairdressing and barber services NACE 96210and 7 others
Joint committee
330.04 Paritair Comité voor de gezondheidsinrichtingen en -diensten · annual accounts 2025
Establishment unit
2.263.357.517 1180 Ukkel, since 03-04-2017
Financial year end
31 December
Peppol
Reachable since 19-11-2025

Board and ownership

Board
  • SCHACHNE Mikaël DavidDirector · since 24-03-2017
  • RIVET Laurence Hélène Monique YvetteDirector · since 01-06-2017

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.6%
Annual accounts 2025
Gross margin
€160,798
▲ 2.3%
Turnover
≈ €290,000
estimated
Loss
€3,088
▼ 88.5%
Equity
-€171,555
▼ 2.4%
Total assets
€164,434
▼ 17.1%
Employees on 31-12-2025
6
▲ 20.0%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsNegative equity -€171,555Last filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskSize: total assets €164,434Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 24% of micro companies in personal services (NACE 96)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -104.3% of total assets
Liquidity 3=
short-term debt 202.3% · cash 2.8%
Profitability 66+35
return on assets -1.9%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,625 companies, NACE 96, micro)
Last 24 months 12-2024: 1.7% 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.5%▼ -0.2 percentage points vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025lowest value 07-2025: 3.5%▲ +2.0 percentage points vs 06-2025 08-2025: 4.5%▲ +1.0 percentage point vs 07-2025highest value 09-2025: 3.2%▼ -1.3 percentage points vs 08-2025 10-2025: 3.2%● unchanged vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 3.2%● unchanged vs 12-2025 02-2026: 3.2%● unchanged vs 01-2026 03-2026: 3.1%▼ -0.1 percentage points vs 02-2026 04-2026: 3.3%▲ +0.2 percentage points vs 03-2026 05-2026: 3.4%▲ +0.1 percentage points vs 04-2026 06-2026: 3.3%▼ -0.1 percentage points vs 05-2026 07-2026: 3.5%▲ +0.2 percentage points vs 06-2026 08-2026: 4.3%▲ +0.8 percentage points vs 07-2026 09-2026: 2.6%▼ -1.7 percentage points vs 08-2026 10-2026: 2.6%● unchanged vs 09-2026 11-2026: 2.6%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.04 (0.02 in 2024), below 1. Short-term debt is 202.3% and cash 2.8% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 11% of them on solvency, 6% on liquidity, 45% on profitability and 36% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€171,555
NBB · annual accounts
lowers risk · Size: total assets €164,434
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€171,555
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
26 days late
2022
28 days late
2021
24 days early
2020
31 days late
2019
55 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€171,555 View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€3,088 View
  • Caution: Less equity than 95% of companies in personal servicessector median €15,349 · 5,731 companies -€171,555 View

Recent changes

  1. · Gazette deed Changes of role: SCHACHNE Mikaël David (director) and RIVET Laurence Hélène Monique Yvette (director)
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as LM Horizon: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €154,000 and €184,000, founded between 2015 and 2018.

CompanyTotal assetsGross margin
LM Horizon Ukkel€164,434€160,798
HAIRLP Brussel€183,964€132,392
FOBX Elsene€169,593€206,909
Hair Pelu Lummen€154,467€136,579
LUC CLERX KAPPERS Sint-Truiden€174,712€198,293
HAIR LUVER Lummen€158,176€184,319
Enjoy Hair Oostende€153,665€167,061
Full comparison

Key facts about LM Horizon

What is the company number of LM Horizon?
The company number of LM Horizon is 0673.481.094. The VAT number is the same number with BE in front: BE 0673.481.094.
Where is LM Horizon based?
The registered office is at Hamoirlaan 25W, 1180 Ukkel.Company details
What does LM Horizon do?
According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
What is the legal form of LM Horizon?
The legal form of LM Horizon is Private limited company (BV).
When was LM Horizon founded?
LM Horizon was founded on 24-03-2017.
Is LM Horizon still active?
Yes, LM Horizon is an active enterprise in the KBO register.
How many employees does LM Horizon have?
LM Horizon had an average of 4.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does LM Horizon fall under?
In its 2025 annual accounts, LM Horizon states joint committee 330.04 (Paritair Comité voor de gezondheidsinrichtingen en -diensten).
What is the turnover of LM Horizon?
The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €160,798 and 38 comparable companies (NACE 96). It probably lies between €210,000 and €330,000.
Is LM Horizon profitable?
In financial year 2025, LM Horizon made a loss of €3,088.
Where can I find the annual accounts of LM Horizon?
LM Horizon filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LM Horizon due?
LM Horizon must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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