LM2
ActiveSummary
The computed 12-month bankruptcy probability of LM2 is 5.1% (elevated). The 2024 annual accounts show equity of €10,245 and a net result of -€7,885. Equity has been growing by about 26% per year since 2018. Its solvency ranks better than 11% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 17-10-2016 Normal situation
- Activity
- Site preparation NACE 43120and 6 others
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2022
- Establishment unit
- 2.258.079.034 4100 Seraing, since 02-11-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.1%
- Gross margin
- €91,674
- ▲ 17.9%
- Turnover
- ≈ €360,000
- estimated
- Loss
- €7,885
- Equity
- €10,245
- ▼ 43.5%
- Total assets
- €250,724
- ▲ 24.9%
- Employees on 31-12-2024
- 3
- =
- 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 14-07-2025)Liquidity: current ratio 1.021 financial year not filed after the legal deadline; 1 of the last 3 accounts latelowers riskSize: total assets €250,724Show the evidence
Checked score
About 5 in 100 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 43, micro). It does better than 10% of them on solvency, 1% on liquidity, 14% on profitability and 10% 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
The company filed its last 6 accounts on average 31 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Key points
- Caution: Lower solvency than 89% of companies in specialised constructionsector median 46.6% · 35,969 companies 4.1% View
Recent changes
- · Gazette deed 1 director resigning, 1 reappointedResignation: LECRY Michaël Pierre Christian (manager) · Reappointment: LECRY Michaël Pierre Christian (director) · Permanent representative: LECRY Michaël Pierre Christian
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as LM2: site preparation (NACE 43120). They are comparable in size and age: total assets between €201,000 and €270,000, founded between 2016 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| LM2 Nandrin | €250,724 | €91,674 |
| KEVIN LEPAILY ENTREPRISES Esneux | €200,579 | €90,680 |
| SEBASTIEN DELMARCELLE Eghezée | €245,522 | €80,391 |
| VEHACO Lille | €264,274 | €81,126 |
| INTER ROSS Sint-Pieters-Woluwe | €232,858 | €81,536 |
| GROWEBA Kortemark | €269,742 | €87,429 |
| AxSy Invest Sint-Truiden | €241,778 | €93,706 |
Key facts about LM2
- What is the company number of LM2?
- The company number of LM2 is 0664.676.266. The VAT number is the same number with BE in front: BE 0664.676.266.
- Where is LM2 based?
- The registered office is at Rue d'Oxhon 1, 4550 Nandrin.Company details
- What does LM2 do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of LM2?
- The legal form of LM2 is Private limited company (BV).
- When was LM2 founded?
- LM2 was founded on 17-10-2016.
- Is LM2 still active?
- Yes, LM2 is an active enterprise in the KBO register.
- How many employees does LM2 have?
- LM2 had an average of 3.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does LM2 fall under?
- In its 2022 annual accounts, LM2 states joint committee 124 (Paritair Comité voor het bouwbedrijf).
- What is the turnover of LM2?
- The turnover in financial year 2024 is ≈ €360,000. This figure is estimated from the gross margin of €91,674 and 33 comparable companies (NACE 431). It probably lies between €270,000 and €610,000. In financial year 2022 turnover was €173,286.
- Is LM2 profitable?
- In financial year 2024, LM2 made a loss of €7,885.
- Where can I find the annual accounts of LM2?
- LM2 filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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