LM Works
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
LM Works has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46,706 and a net result of €44,470. Its solvency ranks better than 65% of 9,380 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Official details
KBO- Status
- Active since 15-10-2024 Normal situation
- Legal form
- Private limited company
- Registered office
- Zandstraat 139, 8200 Brugge
- Activity
- General construction of residential buildings NACE 41001
- Establishment unit
- 2.365.407.950 8200 Brugge, since 15-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 15-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €49,326
- ▲ 33×
- Turnover
- ≈ €340,000
- estimated
- Profit
- €44,470
- ▲ 188×
- Equity
- €46,706
- ▲ 21×
- Total assets
- €81,285
- ▲ 222%
Score breakdownraises riskFounded in 2024Sector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €81,285lowers riskLiquidity: current ratio 3.75, cash €64,372Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 66% of them on solvency, 92% on liquidity, 91% on profitability and 99% on growth.
The bankruptcy probability was computed on 31-10-2026 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. 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
The company filed its last 2 accounts on average 18 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher net result than 85% of companies in construction of buildingssector median €8,543 · 9,370 companies €44,470 View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 12-06-2026
- Annual accounts 2024filed on 14-08-2025
Acts in the Belgian Official Gazette
- Incorporationact of 17-10-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 1015.139.543
Key facts about LM Works
- What is the company number of LM Works?
- The company number of LM Works is 1015.139.543. The VAT number is the same number with BE in front: BE 1015.139.543.
- Where is LM Works based?
- The registered office is at Zandstraat 139, 8200 Brugge.Company details
- What does LM Works do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of LM Works?
- The legal form of LM Works is Private limited company (BV).
- When was LM Works founded?
- LM Works was founded on 15-10-2024.
- Is LM Works still active?
- Yes, LM Works is an active enterprise in the KBO register.
- What is the turnover of LM Works?
- The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €49,326 and 163 comparable companies (NACE 41001). It probably lies between €190,000 and €620,000.Financials
- Is LM Works profitable?
- In financial year 2025, LM Works made a profit of €44,470.
- Where can I find the annual accounts of LM Works?
- LM Works filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of LM Works due?
- LM Works must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Comparable companies
These companies have the same main activity as LM Works: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €70,300 and €94,500, founded in 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| LM Works Brugge | €81,285 | €49,326 |
| DB PROJECT SOLUTIONS Anzegem | €74,106 | €55,692 |
| Totale Renovatie M.P. Diksmuide | €70,326 | €50,897 |
| Calcolo Ardooie | €94,477 | €50,438 |
| ARDOBUILD Ardooie | €70,367 | €44,479 |
| AST TEAM Oostende | €85,779 | €60,989 |
| LDM CON Kortrijk | €86,288 | €45,561 |
Next steps
See how customers, suppliers and banks see your own company and what to improve first.