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LM POLAND

Active
Private limited companyfounded 2022active for 4 yearsNijverheidsstraat 70, 2160 Wommelgem, Belgium278 active companies are registered at this addressKBO/BCE: BE 0783.535.118
Summary

The computed 12-month bankruptcy probability of LM POLAND is 11.0% (high). The annual accounts of LM POLAND for financial year 2024 show a net loss of 87% of the equity at the start of that year. The 2024 annual accounts show equity of €21,644 and a net result of -€146,572. Equity is shrinking by about 26% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 11% of 1,614 sector peers (NACE 33, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Repair and maintenance of fabricated metal products
NACE 33110
1 site
Size
€678,547total assets 2024
Equity
€21,644
Loss
-€146,572
Turnover not published (micro format)
Financial health
28 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
11.0%
Structure
Accounts 74 days overdue0 of 2 deeds read
Why 28raises risk1 change of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 68 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 07-10-2025)Loss of €146,572 (financial year 2024)Show the evidence

Checked score

Score 2024
28 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 5% of its sector peers (NACE 33, micro)
Financial strength · tick = 2023
Weak
Solvency 28-17
equity 3.2% of total assets
Liquidity 1-7
short-term debt 96.8% · cash 1.1%
Profitability 0-87
return on assets -21.6%
Bankruptcy probability, 12 months
11.0% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,378 companies, NACE 33, micro)
Last 24 months 11-2024: 6.0% 12-2024: 7.0%▲ +1.0 percentage point vs 11-2024 01-2025: 10.1%▲ +3.1 percentage points vs 12-2024 02-2025: 2.1%▼ -8.0 percentage points vs 01-2025lowest value 03-2025: 2.2%▲ +0.1 percentage points vs 02-2025 04-2025: 2.2%● unchanged vs 03-2025 05-2025: 2.3%▲ +0.1 percentage points vs 04-2025 06-2025: 2.6%▲ +0.3 percentage points vs 05-2025 07-2025: 5.9%▲ +3.3 percentage points vs 06-2025 08-2025: 6.4%▲ +0.5 percentage points vs 07-2025 09-2025: 6.5%▲ +0.1 percentage points vs 08-2025 10-2025: 8.9%▲ +2.4 percentage points vs 09-2025 11-2025: 5.8%▼ -3.1 percentage points vs 10-2025 12-2025: 5.8%● unchanged vs 11-2025 01-2026: 5.7%▼ -0.1 percentage points vs 12-2025 02-2026: 5.7%● unchanged vs 01-2026 03-2026: 5.8%▲ +0.1 percentage points vs 02-2026 04-2026: 6.8%▲ +1.0 percentage point vs 03-2026 05-2026: 6.9%▲ +0.1 percentage points vs 04-2026 06-2026: 7.5%▲ +0.6 percentage points vs 05-2026 07-2026: 7.6%▲ +0.1 percentage points vs 06-2026 08-2026: 7.9%▲ +0.3 percentage points vs 07-2026 09-2026: 8.2%▲ +0.3 percentage points vs 08-2026 10-2026: 11.0%▲ +2.8 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.01, compared with 1.22 in 2023, below the usual 1.5; short-term debt: 96.8% and cash: 1.1% of total assets), and 96.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 33, micro): better than 11% on solvency, 2% on liquidity, 4% on profitability and 4% on growth.

The bankruptcy probability was computed on 13-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Eight signals.
raises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 68 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 07-10-2025)
NBB · annual accounts
raises risk · Loss of €146,572 (financial year 2024)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 1614 sector peers (2024).
NBB · sector comparison
Position among 1614 sector peers
Solvency
better than 11%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 74 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline13-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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 · 3 filings
Deviation from the deadline
2025
not filed
2024
68 days late
2023
148 days late
2022
151 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 122 days after the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address strikeout annulled
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Address strikeout annulledKBO administration
  3. Weakest financial yearnet -€146,572

Key points

  • Caution: From profit to loss in 2024after €122,472 in 2023 -€146,572 View
  • Caution: Among the weakest 5% on net resultsector median €13,242 · 1,616 companies -€146,572 View
  • Caution: Accounts not fileddeadline was 31-07-2026 74 days late View

By topic

Financials

Financial year
2024
Total assets
€678,547
Loss
-€146,572
Solvency
3.2%
Total assets▼ 18.6%
Net result
20222024
Go to Financials

Timeline

Events
7
Since
2023
  1. 26-12-2024Annual accounts filed
  2. 31-12-2023Highest result from 2022 to 2024
  3. 31-12-2023Equity above €150,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Repair and maintenance of fabricated metal productsNACE 33110
Founded
17-03-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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