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LMFV

Active
Private limited companyfounded 20197 yrs activeAntoine Nysstraat 38, 1070 Anderlecht, BelgiumKBO/BCE: BE 0728.962.126
Summary

The computed 12-month bankruptcy probability of LMFV is 5.5% (elevated). The 2025 annual accounts show equity of €1,453 and a net result of -€917. Equity is shrinking by ~29.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2023
Profitability20▲+7
Solvency36▼-21
Growth32=
Track record100
Bankruptcy probability, 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.21 against 0.55 in 2023; short-term debt: 88.9% and cash: 0.3% of total assets), and 88.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
11.1%
Return on assets
-7%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
8 d early
2023
12 d early
2022
13 d early
2021
13 d early
2020
12 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 12 days before the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 July (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 today31-12-2026 close31-07-2027 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

History

LMFV was incorporated on 27 June 2019 as a Private limited company.1 Total assets fell from EUR 20,081 in 2020 to EUR 13,094 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€1,453▼ 73.0%
2023 · €5,388
Total assets
€13,094▼ 22.4%
2023 · €16,874
Net result
-€917▲ 45.1%
2023 · -€1,672
Working capital
-€9,147▼ 75.5%
2023 · -€5,212
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232025
Operating result-€143--€1,768▼ 1,133%-€2,774▼ 56.9%-€1,533▲ 44.7%-€778-
Net result-€181--€1,849▼ 922%-€2,910▼ 57.4%-€1,672▲ 42.5%-€917-
Equity€11,819-€9,970▼ 15.6%€7,060▼ 29.2%€5,388▼ 23.7%€1,453-
Total assets€20,081-€18,190▼ 9.4%€16,967▼ 6.7%€16,874▼ 0.5%€13,094-
Debt€8,262-€8,220▼ 0.5%€9,907▲ 20.5%€11,486▲ 15.9%€11,642-
Working capital€1,219--€630-€3,540▼ 462%-€5,212▼ 47.2%-€9,147-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0Operating result 2020: -€143-€143Net result 2020: -€181-€181Operating result 2021: -€1,768-€1,768Net result 2021: -€1,849-€1,849Operating result 2022: -€2,774-€2,774Net result 2022: -€2,910-€2,910Operating result 2023: -€1,533-€1,533Net result 2023: -€1,672-€1,672Operating result 2025: -€778-€778Net result 2025: -€917-€91720202021202220232025-€3,000-€2,000-€1,000€0Operating result 2022: -€2,774-€2,770Net result 2022: -€2,910-€2,910Operating result 2023: -€1,533-€1,530Net result 2023: -€1,672-€1,670Operating result 2025: -€778-€778Net result 2025: -€917-€917202220232025
The operating result is -€778 in 2025, compared with -€1,533 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €13,094
Fixed assets €10,600 =
Current assets €2,494 ▼ 60.2%
Equity and liabilities €13,094
Equity €1,453 ▼ 73.0%
Debt €11,642 ▲ 1.4%
Debt's share of the balance-sheet total rises from 68.1% to 88.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2023
Current ratio
0.21▼
2023 · 0.55
Quick ratio
0.00▼
2023 · 0.33
Debt to equity
8.01▲
2023 · 2.13
ROE
-63.2%▼
2023 · -31.0%
ROA
-7.0%▲
2023 · -9.9%
Debt ≤ 1 year
€11,642▲
2023 · €11,486
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2023 · 27 lines
Balance sheet Code20232025
Assets
Total assets20/58€16,874€13,094▼
Fixed assets21/28€10,600€10,600=
Financial fixed assets28€10,600€10,600=
Current assets29/58€6,274€2,494▼
Stocks and contracts in progress3€2,455€2,455=
Stocks30/36€2,455€2,455=
Amounts receivable within one year40/41€3,774-
Trade receivables40€3,154-
Other amounts receivable41€621-
Cash at bank and in hand54/58€44€39▼
Equity and liabilities
Total equity and liabilities10/49€16,874€13,094▼
Equity10/15€5,388€1,453▼
Contributions10/11€12,000€12,000=
Profit (loss) carried forward14-€6,612-€10,547▼
Amounts payable17/49€11,486€11,642▲
Amounts payable within one year42/48€11,486€11,642▲
Other amounts payable47/48€11,486€11,642▲
Income statement Code20232025
Other operating charges640/8-€265
Gross operating margin9900-€1,533-€513▲
Operating profit (loss)9901-€1,533-€778▲
Financial charges65/66B€139€139=
Recurring financial charges65€139€139=
Profit (loss) for the period before taxes9903-€1,672-€917▲
Profit (loss) for the period9904-€1,672-€917▲
Profit (loss) for the period to be appropriated9905-€1,672-€917▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6,612-€10,547▼
Profit (loss) brought forward from the previous period14P-€4,940-€9,630▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232025Change
Other operating charges640/8--€1,587-€265-
Gross operating margin9900-€143-€1,768-€1,187-€1,533-€513-
Operating profit (loss)9901-€143-€1,768-€2,774-€1,533-€778-
Recurring financial income75€4-----
Financial charges65/66B-€81€136€139€139-
Recurring financial charges65€42€81€136€139€139-
Profit (loss) for the period before taxes9903-€181-€1,849-€2,910-€1,672-€917-
Profit (loss) for the period9904-€181-€1,849-€2,910-€1,672-€917-
Profit (loss) for the period to be appropriated9905-€181-€1,849-€2,910-€1,672-€917-
Line20202021202220232025Change
Assets
Total assets20/58€20,081€18,190€16,967€16,874€13,094-
Fixed assets21/28€10,600€10,600€10,600€10,600€10,600-
Financial fixed assets28€10,600€10,600€10,600€10,600€10,600-
Current assets29/58€9,481€7,590€6,367€6,274€2,494-
Stocks and contracts in progress3€2,395€2,458€2,455€2,455€2,455-
Stocks30/36-€2,458€2,455€2,455€2,455-
Amounts receivable within one year40/41€2,318€3,563€3,774€3,774--
Trade receivables40-€3,129€3,154€3,154--
Other amounts receivable41-€435€621€621--
Cash at bank and in hand54/58€4,767€1,569€137€44€39-
Equity and liabilities
Total equity and liabilities10/49€20,081€18,190€16,967€16,874€13,094-
Equity10/15€11,819€9,970€7,060€5,388€1,453-
Contributions10/11-€12,000€12,000€12,000€12,000-
Profit (loss) carried forward14-€181-€2,030-€4,940-€6,612-€10,547-
Amounts payable17/49€8,262€8,220€9,907€11,486€11,642-
Amounts payable within one year42/48€8,262€8,220€9,907€11,486€11,642-
Trade debts44€42-----
Other amounts payable47/48-€8,220€9,907€11,486€11,642-
Line20202021202220232025Change
Profit (loss) for the period9904-€181-€1,849-€2,910-€1,672-€917-
Operating cash flow (approximation)-€181-€1,849-€2,910-€1,672-€917-
Investment in fixed assets (approximation)-€0€0€0--
Change in cash--€3,198-€1,432-€93--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
19-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
18-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€2,910
Net result drops to -€2,910, the lowest in the series; recovery starts the following year.
18-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anderlecht
exact location from the address register On OpenStreetMap
Ground area
118 m²
Building footprint
48 m²
Volume, LiDAR
422 m³
Parcel 21308H0348/00N002, Brussels · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21308H0348/00N002 Brussels 118 m² 1 · 48 m² 9.7 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded27-06-2019
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.