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LMC Lab

Active
Private limited companyfounded 2025active for 1 yearRue du Tultay 8, 4140 Sprimont, BelgiumKBO/BCE: BE 1020.005.478

Financials · financial year 2025, micro format

2025 annual accounts filed 17 days after the deadline Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00403306.

Annual accounts 2025 filed on 17-08-2026 at the NBB

Equity
-€30,168
Total assets
€292,397
Net result
-€80,168
Working capital
-€11,012

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
Assets €292,397
Fixed assets €206,749
Current assets €85,648
Equity and liabilities
Equity-€30,168
Debt€322,564
Equity is negative. Debt (€322,564) exceeds the balance-sheet total (€292,397).
Key figures and ratios
2025 value
EBITDA
-€51,854
Cash flow
-€58,506
Solvency
-10.3%
Current ratio
0.89
ROA
-27.4%
Interest coverage
-7.77
Debt
€322,564
Debt ≤ 1 year
€96,660
Debt > 1 year
€225,432
Staff costs
€33,049
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

Staff

social balance sheet
Item31-12-2025
Employees at the balance-sheet date1
full-time1
in full-time equivalents1
Average over the year, in full-time equivalents1
On a permanent contract1
Joined1
Left0

Source: social balance sheet in the 2025 annual accounts

Investments

fixed assets acquired
Item2025
Tangible fixed assets€228,410
Depreciation and write-downs of the year€21,662

Source: notes to the 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as LMC Lab: other technical testing and analysis (NACE 71209). They are comparable in size and age: total assets between €101,000 and €631,000, founded between 2024 and 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
LMC Lab Sprimont2025€292,397-€30,168-€18,517-€80,168-2025
BPV Cosmetics Gent2024€222,194-€97,708-€5,070-€16,756-2025
DLSGProjects Waimes2025€164,037€21,029-€903€11,029-2025
RegistrHy Sint-Joost-ten-Node2024€543,658€474,951-€57,675-€153,968-2025
DroneDivision Deerlijk2025€630,890-€242,675-€57,055-€244,6751.32025
Explus Survey Stekene2024€154,085€6,239€2,600€1,239-2025
SoNi Consult Saint-Georges-sur-Meuse2024€100,802-€2,797-€4,532-€15,469-2025

They were chosen from the 1,116 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 1,322 companies had the same profile as LMC Lab has now. Two years later, 4.2% had gone bankrupt and 90.2% were still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90.2% was still going

The bankruptcy probability of LMC Lab itself is lower: 0.5% within 12 months. It rests on far more data about LMC Lab than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,322 companies, not a prediction for LMC Lab. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines

Source: Annual accounts 2025 at the NBB, filed on 17-08-2026.

Balance sheet Code2025
Assets
Total assets20/58€292,397
Fixed assets21/28€206,749
Tangible fixed assets22/27€206,749
Plant, machinery and equipment23€151,551
Furniture and vehicles24€25,639
Other tangible fixed assets26€29,559
Current assets29/58€85,648
Amounts receivable within one year40/41€66,648
Trade receivables40€66,514
Other amounts receivable41€134
Cash at bank and in hand54/58€18,763
Deferred charges and accrued income490/1€237
Equity and liabilities
Total equity and liabilities10/49€292,397
Equity10/15-€30,168
Contributions10/11€50,000
Profit (loss) carried forward14-€80,168
Amounts payable17/49€322,564
Amounts payable after more than one year17€225,432
Financial debts170/4€225,432
Amounts payable within one year42/48€96,660
Current portion of amounts payable after more than one year42€40,474
Trade debts44€9,344
Suppliers440/4€9,344
Taxes, remuneration and social security45€13,252
Taxes450/3€6,683
Remuneration and social security454/9€6,569
Other amounts payable47/48€33,589
Accrued charges and deferred income492/3€473
Income statement Code2025
Remuneration, social security and pensions62€33,049
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,662
Other operating charges640/8€289
Gross operating margin9900-€18,517
Operating profit (loss)9901-€73,516
Financial income75/76B€21
Recurring financial income75€21
Financial charges65/66B€6,673
Recurring financial charges65€6,673
Profit (loss) for the period before taxes9903-€80,168
Profit (loss) for the period9904-€80,168
Profit (loss) for the period to be appropriated9905-€80,168
Appropriation of the result
Profit (loss) to be appropriated9906-€80,168

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Remuneration, social security and pensions62€33,049
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,662
Other operating charges640/8€289
Gross operating margin9900-€18,517
Operating profit (loss)9901-€73,516
Financial income75/76B€21
Recurring financial income75€21
Financial charges65/66B€6,673
Recurring financial charges65€6,673
Profit (loss) for the period before taxes9903-€80,168
Profit (loss) for the period9904-€80,168
Profit (loss) for the period to be appropriated9905-€80,168
Line2025
Assets
Total assets20/58€292,397
Fixed assets21/28€206,749
Tangible fixed assets22/27€206,749
Plant, machinery and equipment23€151,551
Furniture and vehicles24€25,639
Other tangible fixed assets26€29,559
Current assets29/58€85,648
Amounts receivable within one year40/41€66,648
Trade receivables40€66,514
Other amounts receivable41€134
Cash at bank and in hand54/58€18,763
Deferred charges and accrued income490/1€237
Equity and liabilities
Total equity and liabilities10/49€292,397
Equity10/15-€30,168
Contributions10/11€50,000
Profit (loss) carried forward14-€80,168
Amounts payable17/49€322,564
Amounts payable after more than one year17€225,432
Financial debts170/4€225,432
Amounts payable within one year42/48€96,660
Current portion of amounts payable after more than one year42€40,474
Trade debts44€9,344
Suppliers440/4€9,344
Taxes, remuneration and social security45€13,252
Taxes450/3€6,683
Remuneration and social security454/9€6,569
Other amounts payable47/48€33,589
Accrued charges and deferred income492/3€473
Line2025
Profit (loss) for the period9904-€80,168
+ Depreciation and write-downs630€21,662
Operating cash flow (approximation)-€58,506

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 17-08-2026 2026-00403306 NBB

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