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LME

Active
Private limited company (pre-2019)founded 201412 yrs activeRasbeekstraat(SPK) 5, 1541 Pajottegem, BelgiumKBO/BCE: BE 0555.983.808
Summary

LME has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€19,732) and a net result of -€15,793. Equity is shrinking by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 6% of 15312 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Development of residential building projects
NACE 68121Real estate development NACE 41101
1 site
Size
€28,241total assets 2025
Equity
-€19,732
Loss
-€15,793
Turnover not published (abridged schema)
Financial health
52 Fair Checked score 2025
Bankruptcy chance 12 m
1.3%
Structure
Accounts on time0 of 2 deeds read
Why 52Capped at 59: negative equity- Loss of €15,793 (FY 2025)- Negative equity -€19,732- Liquidity: current ratio 0.59+ Size: total assets €28,241Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 3% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0-22
equity -69.9% of total assets
Liquidity 0=
short-term debt 169.9%
Profitability 0-64
return on assets -55.9%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (26,360 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%▲ +1.8% vs 11-2024 01-2025: 0.8%▼ -1.5% vs 12-2024 02-2025: 0.8%▼ -4.5% vs 01-2025 03-2025: 0.7%▼ -4.0% vs 02-2025lowest value 04-2025: 0.8%▲ +14.4% vs 03-2025 05-2025: 0.9%▲ +4.3% vs 04-2025 06-2025: 0.9%● 0.0% vs 05-2025 07-2025: 0.9%▲ +0.6% vs 06-2025 08-2025: 0.9%▲ +5.0% vs 07-2025 09-2025: 0.9%● 0.0% vs 08-2025 10-2025: 0.9%● 0.0% vs 09-2025 11-2025: 0.9%▲ +3.1% vs 10-2025 12-2025: 0.9%● 0.0% vs 11-2025 01-2026: 1.0%▲ +3.3% vs 12-2025 02-2026: 0.9%▼ -4.4% vs 01-2026 03-2026: 0.9%▼ -3.9% vs 02-2026 04-2026: 1.0%▲ +12.5% vs 03-2026 05-2026: 1.4%▲ +40.4% vs 04-2026highest value 06-2026: 1.3%▼ -5.6% vs 05-2026 07-2026: 1.3%● 0.0% vs 06-2026 08-2026: 1.3%● 0.0% vs 07-2026 09-2026: 1.3%● 0.0% vs 08-2026 10-2026: 1.3%● 0.0% vs 09-2026
  • Size: total assets €28,241 lowers the probability for this profile
  • Loss of €15,793 (FY 2025) raises the probability
  • Negative equity -€19,732 raises the probability
  • Liquidity: current ratio 0.59 raises the probability
No credit on open account
Liquidity short (current ratio 0.59 against 0.97 in 2024; short-term debt: 169.9% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 5%, liquidity 0%, profitability 4%, growth against the median 2%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €28,241
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Loss of €15,793 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity -€19,732
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.59
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€19,732
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
2 d early
2023
on the day
2022
24 d early
2021
30 d early
2020
on the day
2019
56 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 28 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close03-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€15,793
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€19,732 View
  • Caution: Among the weakest 6% on solvencysector median 29.5% · 15,312 companies -69.9% View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Fiscal year
2025
Total assets
€28,241
Loss
-€15,793
Solvency
-69.9%
Total assets▼ 77.7%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 30-04-2027
  1. 30-04-2026Annual accounts filed
  2. 30-09-2025Weakest financial year
  3. 28-04-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Development of residential building projectsNACE 68121
Founded
15-07-2014
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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