LMC TEX
InactiveInactive; last annual accounts for fiscal year 2020.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 06-08-2021, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
6 d late
2019
12 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 9 days after 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)
Financials · fiscal year 2020, micro schema
Equity
€2,735▼ 90.8%
2019 · €29,570
Total assets
€84,374▲ 1.2%
2019 · €83,373
Net result
-€26,835
2019 · €9,312
Working capital
-€7,421
2019 · €16,498
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€2,788-€13,924▲ 399%-€26,393
Net result€2,725-€9,312▲ 242%-€26,835
Equity€21,070-€29,570▲ 40.3%€2,735▼ 90.8%
Total assets€42,077-€83,373▲ 98.1%€84,374▲ 1.2%
Debt€21,007-€53,803▲ 156%€81,639▲ 51.7%
Working capital€10,969-€16,498▲ 50.4%-€7,421
Staff (FTE)1.1-1▼ 9.1%5▲ 400%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €26,393 after €13,924 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €84,374
Fixed assets
€16,565 ▲ 26.7%
Current assets
€67,809 ▼ 3.5%
Equity and liabilities €84,374
Equity
€2,735 ▼ 90.8%
Debt
€81,639 ▲ 51.7%
Debt's share of the balance-sheet total rises from 64.5% to 96.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€19,844▼
2019 · €21,379
Cash flow
-€20,286▼
2019 · €16,767
Current ratio
0.90▼
2019 · 1.31
Quick ratio
0.89▼
2019 · 1.30
Debt to equity
2.34
ROE
-981.2%▼
2019 · 31.5%
ROA
-31.8%▼
2019 · 11.2%
Debt ≤ 1 year
€75,230▲
2019 · €53,803
Debt > 1 year
€6,409
Income taxes
€365▼
2019 · €3,661
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,212 | €7,455 | €6,549 | ▼ 12.2% |
| Gross operating margin9900 | €52,474 | €58,412 | €163,601 | ▲ 180% |
| Operating profit (loss)9901 | €2,788 | €13,924 | -€26,393 | ▼ 290% |
| Recurring financial income75 | €869 | €123 | €1,426 | ▲ 1,059% |
| Recurring financial charges65 | €318 | €1,074 | €1,503 | ▲ 39.9% |
| Profit (loss) for the period before taxes9903 | €3,339 | €12,973 | -€26,470 | ▼ 304% |
| Income taxes67/77 | €614 | €3,661 | €365 | ▼ 90.0% |
| Profit (loss) for the period9904 | €2,725 | €9,312 | -€26,835 | ▼ 388% |
| Profit (loss) for the period to be appropriated9905 | €2,725 | €9,312 | -€26,835 | ▼ 388% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €42,077 | €83,373 | €84,374 | ▲ 1.2% |
| Fixed assets21/28 | €10,101 | €13,072 | €16,565 | ▲ 26.7% |
| Tangible fixed assets22/27 | €10,076 | €13,047 | €16,565 | ▲ 27.0% |
| Financial fixed assets28 | €25 | €25 | - | - |
| Current assets29/58 | €31,976 | €70,301 | €67,809 | ▼ 3.5% |
| Stocks and contracts in progress3 | €650 | €537 | €769 | ▲ 43.2% |
| Amounts receivable within one year40/41 | €4,746 | €41,515 | €39,931 | ▼ 3.8% |
| Current investments50/53 | €15,966 | €15,066 | €31 | ▼ 99.8% |
| Cash at bank and in hand54/58 | €8,915 | €10,740 | €24,359 | ▲ 127% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €42,077 | €83,373 | €84,374 | ▲ 1.2% |
| Equity10/15 | €21,070 | €29,570 | €2,735 | ▼ 90.8% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Reserves13 | €2,470 | €10,970 | €10,970 | = |
| Profit (loss) carried forward14 | -€30,470 | -€255 | -€26,835 | ▼ 10,424% |
| Amounts payable17/49 | €21,007 | €53,803 | €81,639 | ▲ 51.7% |
| Amounts payable after more than one year17 | - | - | €6,409 | - |
| Amounts payable within one year42/48 | €21,007 | €53,803 | €75,230 | ▲ 39.8% |
| Trade debts44 | €5,812 | €33,169 | €33,033 | ▼ 0.4% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,725 | €9,312 | -€26,835 | ▼ 388% |
| + Depreciation and write-downs630 | €5,212 | €7,455 | €6,549 | ▼ 12.2% |
| Operating cash flow (approximation) | €7,937 | €16,767 | -€20,286 | ▼ 221% |
| Investment in fixed assets (approximation) | - | -€10,426 | -€10,042 | ▲ 3.7% |
| Change in cash | - | €1,825 | €13,619 | ▲ 646% |
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
2022
21-09
Bankruptcy
Judicial dissolution and immediate closure
Tribunal de l’entreprise du Hainaut, division Mons · event 12-09-2022
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
31-12
Financial
Weakest financial yearnet -€26,835
Net result drops to -€26,835, the lowest in the series.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
31-12
Financial
Highest result since 2018net €9,312 ▲242%
Operating result €13,924, net result €9,312, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
21-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 233 days late
2015
07-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 129 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerOwners 1
-
10%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.