LM3
ActiveSummary
The computed 12-month bankruptcy probability of LM3 is 1.9% (moderate). The 2024 annual accounts show negative equity (-€10,511) and a net result of -€8,129. Equity is growing by ~11.9% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 20 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
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Peer companies
Historical observationOf the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,338 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,861 | €28,861 | €28,919 | €28,919 | €28,972 | ▲ 0.2% |
| Other operating charges640/8 | - | €4,249 | €4,344 | €4,763 | €4,945 | ▲ 3.8% |
| Gross operating margin9900 | €35,879 | €34,146 | €32,407 | €38,145 | €26,470 | ▼ 30.6% |
| Operating profit (loss)9901 | €2,797 | €1,036 | -€856 | €4,463 | -€7,448 | ▼ 267% |
| Financial income75/76B | - | €2,982 | €626 | €2,373 | €413 | ▼ 82.6% |
| Recurring financial income75 | - | €2,982 | €626 | €2,373 | €413 | ▼ 82.6% |
| Financial charges65/66B | - | €1,765 | €1,321 | €1,096 | €1,095 | = |
| Recurring financial charges65 | €2,069 | €1,765 | €1,321 | €1,096 | €1,095 | = |
| Profit (loss) for the period before taxes9903 | €729 | €2,252 | -€1,551 | €5,740 | -€8,129 | ▼ 242% |
| Profit (loss) for the period9904 | €729 | €2,252 | -€1,551 | €5,740 | -€8,129 | ▼ 242% |
| Profit (loss) for the period to be appropriated9905 | €729 | €2,252 | -€1,551 | €5,740 | -€8,129 | ▼ 242% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €538,288 | €519,642 | €497,733 | €460,043 | €410,694 | ▼ 10.7% |
| Fixed assets21/28 | €514,230 | €485,369 | €456,450 | €427,530 | €401,611 | ▼ 6.1% |
| Tangible fixed assets22/27 | €514,230 | €485,369 | €456,450 | €427,530 | €401,611 | ▼ 6.1% |
| Land and buildings22 | - | €485,369 | €456,450 | €427,530 | €401,611 | ▼ 6.1% |
| Current assets29/58 | €24,058 | €34,273 | €41,284 | €32,513 | €9,083 | ▼ 72.1% |
| Cash at bank and in hand54/58 | €23,994 | €34,208 | €41,214 | €32,435 | €9,001 | ▼ 72.2% |
| Deferred charges and accrued income490/1 | - | €65 | €70 | €77 | €82 | ▲ 6.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €538,288 | €519,642 | €497,733 | €460,043 | €410,694 | ▼ 10.7% |
| Equity10/15 | -€8,823 | -€6,570 | -€8,121 | -€2,381 | -€10,511 | ▼ 341% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€28,823 | -€26,570 | -€28,121 | -€22,381 | -€30,511 | ▼ 36.3% |
| Amounts payable17/49 | €547,111 | €526,213 | €505,855 | €462,424 | €421,205 | ▼ 8.9% |
| Amounts payable after more than one year17 | €487,405 | €467,317 | €446,041 | €425,287 | €384,194 | ▼ 9.7% |
| Financial debts170/4 | - | €467,317 | €446,041 | €425,287 | €384,194 | ▼ 9.7% |
| Amounts payable within one year42/48 | €59,707 | €58,896 | €59,814 | €37,137 | €37,011 | ▼ 0.3% |
| Current portion of amounts payable after more than one year42 | - | €20,000 | €20,750 | €20,750 | €20,750 | = |
| Trade debts44 | €826 | - | €168 | - | - | - |
| Suppliers440/4 | - | - | €168 | - | - | - |
| Taxes, remuneration and social security45 | - | €412 | €412 | €412 | €286 | ▼ 30.6% |
| Taxes450/3 | - | €412 | €412 | €412 | €286 | ▼ 30.6% |
| Other amounts payable47/48 | - | €38,483 | €38,483 | €15,975 | €15,975 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €729 | €2,252 | -€1,551 | €5,740 | -€8,129 | ▼ 242% |
| + Depreciation and write-downs630 | €28,861 | €28,861 | €28,919 | €28,919 | €28,972 | ▲ 0.2% |
| Operating cash flow (approximation) | €29,590 | €31,114 | €27,368 | €34,659 | €20,843 | ▼ 39.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€3,053 | - |
| Change in cash | - | €10,214 | €7,006 | -€8,778 | -€23,434 | ▼ 167% |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13342B0571/00C000 | Flanders | 2,178 m² | 1 · 206 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.