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LMF

Active
Public limited companyfounded 1985active for 41 yearsIndustrieweg 1132, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0427.674.681
Summary

LMF has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €726,314 and a net result of €8,695. Equity is growing by about 3.7% per year across the filed financial years. Its solvency ranks better than 64% of 190 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
LMFActiveChecked score 84/100
Risk analysis ReportCompare

Overview

Activity
Repair and maintenance of electrical equipment
NACE 33140
4th oldest company in Herk-de-Stad, Manufacturing sector1 site
Size
€1.2mtotal assets 2025
Staff
7.4 FTE
Equity
€726,314
Profit
€8,695
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 35 days early3 of 8 deeds summarised
Why 84raises riskSector: Repair, maintenance and installation of machinery and equipment (NACE 33)Size: 7.4 FTE, total assets €1.2mlowers riskFounded in 1985Equity €726,314 (58.2% of total assets)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 37% of its sector peers (NACE 33, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 83-7
equity 58.2% of total assets
Liquidity 43-6
short-term debt 33.4% · cash 6.4%
Profitability 70-4
return on assets 0.7%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,388 companies, NACE 33, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.2%▼ -0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -0.2 percentage points vs 09-2026
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.92, compared with 2.7 in 2024, above the usual 1.5; short-term debt: 33.4% and cash: 6.4% of total assets), and 41.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 33, micro): better than 66% on solvency, 34% on liquidity, 32% on profitability and 16% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1985
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
lowers risk · Equity €726,314 (58.2% of total assets)
NBB · annual accounts
raises risk · Size: 7.4 FTE, total assets €1.2m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
121 days early
2023
30 days early
2022
21 days early
2021
11 days early
2020
20 days late
2019
28 days early
← 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 32 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignations & appointmentsAppointments: FORIER Marc Maria Leon…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: 4th oldest company in Herk-de-Stad, Manufacturing sectorin the Checked rankings No. 4 View
  • Branch transferred to LMF IMMOcontribution on 12-12-2025 2025 View
  • Caution: Equity fell in 2025from €975,962 to €726,314 ▼ 25.6% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €8,695 5 years View

By topic

Financials

Financial year
2025
Total assets
€1.2m
Profit
€8,695
Solvency
58.2%
Total assets▼ 17.0%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
  • FORIER Marc Maria LeonManaging director
  • MICHIELS SvenManaging director
  • MICHIELS Ludovicus Frans MariaDirector
Go to Board & ownership

Timeline

Events
46
Since
1987
Next accounts
by 31-07-2027
  1. 27-08-2024Capital & shares · Restructuring
  2. 01-07-2024Annual accounts filed
  3. 14-02-2024Reappointments: FORIER Marc Maria Leon, MICHIELS Sven…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Repair and maintenance of electrical equipmentNACE 33140
Founded
22-08-1985
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
13
Who signs
Each director alone
Purpose
“De aan-en verkoop, de in-en uitvoer en het herstellen van alternatoren, starters, dynamo's…” (deed in Dutch)
Go to Articles of association

Key facts about LMF

What is the company number of LMF?
0427.674.681. In Belgium the VAT number is the company number with BE in front: BE 0427.674.681.
Where is LMF based?
The registered office is at Industrieweg 1132, 3540 Herk-de-Stad.Company details
What does LMF do?
According to the KBO register, the main activity is repair and maintenance of electrical equipment (NACE 33140).
What is the legal form of LMF?
Public limited company (NV).
When was LMF founded?
On 22-08-1985.
Is LMF still active?
Yes, LMF is an active enterprise in the KBO register.
How many employees does LMF have?
On average 7.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LMF?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is LMF profitable?
In financial year 2025, LMF made a profit of €8,695.
Where can I find the annual accounts of LMF?
LMF filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LMF due?
By 31-07-2027, for financial year 2026.Timeline

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