Equity
-€47,562
Debts exceed assets in financial year 2025.
LMG
Lifetime
8 annual accounts with figures on one time axispeak €202,443 (2018)
€103,707▲ 13.5%
lowest -€71,106 (2021)
€43,831▲ 9.3%
peak -€4,334 (2019)
-€47,562▲ €43,831
€333,599▼ 11.4%
Board2 names since 2017
2 directors and 1 other
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from €91,375 to €103,707Equity from -€91,393 to -€47,562Cash from €17,333 to €36,614
Key points
from the 2025 annual accountsTurnover
≈ €390,000 estimated
The micro format states no turnover.
Debts
€333,599 117% of the balance sheet
Financial debts 3%Suppliers 3%Taxes and wages 0%Other 94%
Of this, €329,437 falls due within a year.
Filings
8 annual accounts 6 late
The 2020 accounts came latest: 31 days after the end of the period.
At the same address
8 companies
Position in the sector
-€47,562
Less equity than 90% of companies in wholesale trade. Sector median €58,050 · 15,480 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,182 companies had the same profile as LMG has now. Each dot stands for 6 companies, two years later.
88.8%
were still trading
5.9%
stopped another way
4.8%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,182 companies, not a prediction for LMG. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
- 50 sharesdeed of 23-05-2017
- 50 sharesdeed of 23-05-2017
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0675848587
Reappointments: (director) and (director)
Gazette deed
Appointments: (manager) and (manager)
Gazette deed
Incorporation
Founding capital of €18,600, 100 shares, €6,200 paid up · Founders: and · Founder: · published on 23-05-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LMG Antwerp | €286,038 | €103,707 | -16.6% | - |
| Déjà-Vu Turnhout | €298,993 | €88,787 | 44.6% | - |
| KATHMANDU Leuven | €300,313 | €76,482 | 61.8% | - |
| DEMIC Rijkevorsel | €372,273 | €103,694 | 26.6% | - |
| AU PAYS DES REVES Hannut | €226,171 | €105,090 | 68.9% | - |
| SWEET DREAMS DURBUY Koekelberg | €268,231 | €98,944 | 74.1% | - |
| ARC Ronse | €250,490 | €82,723 | 43.0% | - |
These companies have the same main activity as LMG: agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160). They are comparable in size and age: total assets between €226,000 and €372,000, founded between 2014 and 2017.
Official details
Source: KBO- Status
- Active since 19-05-2017Normal situation
- Activity
- Agents in the wholesale of textiles, clothing, fur, footwear and leather goodsNACE 46160
- Establishment unit
- 2.264.459.2582000 Antwerp, since 19-05-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Annual accounts 2025
- €286,038▲ 0.4%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on LMG
LMG files the micro format. That format states no turnover. The gross margin fell from €202,443 in 2018 to €103,707 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LMG
- What is the company number of LMG?
- The company number of LMG is 0675.848.587. The VAT number is the same number with BE in front: BE 0675.848.587.
- Where is LMG based?
- The registered office is at IJzerenwaag 12, 2000 Antwerp.Company details
- What does LMG do?
- According to the KBO register, the main activity is agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160).
- What is the legal form of LMG?
- LMG is a private limited company (BV).
- When was LMG founded?
- LMG was founded on 19-05-2017.
- Is LMG still active?
- Yes, LMG is an active enterprise in the KBO register.
- What is the turnover of LMG?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €103,707 and 32 comparable companies (NACE 461). It probably lies between €180,000 and €940,000.Financials
- Is LMG profitable?
- In financial year 2025, LMG made a profit of €43,831.
- Where can I find the annual accounts of LMG?
- LMG filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LMG due?
- LMG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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