Result
€103,723 ▲ 36×
The result rose in 2025 from €2,903 to €103,723.
LMG Veegwerken
Lifetime
5 annual accounts with figures on one time axispeak €478,201 (2025)
€478,201▲ 15.4%
lowest -€112,483 (2023)
€103,723▲ 36×
peak €8,736 (2022)
€2,879▲ €103,723
€412,292▼ 17.5%
peak 8.6 FTE (2023)
6.2 FTE▼ 11.4%
Board3 names since 2021
2 directorsWendy Luyckx and 1 other
Documentsfilings and deeds
18-06-202643 days before the deadline
2025abbreviated format
Gross margin from €414,277 to €478,201Result from €2,903 to €103,723Staff from 7 FTE to 6.2 FTEEquity from -€100,844 to €2,879Debts from €500,047 to €412,292Cash from €6,266 to €32,616
Key points
from the 2025 annual accountsTurnover
≈ €940,000 estimated
The abbreviated format states no turnover.
Debts
€412,292 99% of the balance sheet
Financial debts 78%Suppliers 10%Taxes and wages 7%Other 4%
Of this, €89,443 falls due within a year.
Investments
€127,480 6.1 × depreciation
Green is investment, beige is depreciation.
Staff
6.2 FTE from 8.6 in 2023
Between 2023 and 2025, 28% of the full-time equivalents disappeared.
Position in the sector
0.7%
Lower solvency than 90% of companies in building services and landscaping. Sector median 42.2% · 1,569 companies.
Checked score
52
Fair
Financially stronger than 59% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 7,712 companies (NACE 81, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.9%
01-2025: 5.9%● unchanged vs 12-2024
02-2025: 5.8%▼ -0.1 percentage points vs 01-2025
03-2025: 5.8%● unchanged vs 02-2025
04-2025: 6.8%▲ +1.0 percentage point vs 03-2025
05-2025: 7.3%▲ +0.5 percentage points vs 04-2025
06-2025: 7.7%▲ +0.4 percentage points vs 05-2025
07-2025: 5.2%▼ -2.5 percentage points vs 06-2025
08-2025: 5.2%● unchanged vs 07-2025
09-2025: 5.2%● unchanged vs 08-2025
10-2025: 5.2%● unchanged vs 09-2025
11-2025: 5.2%● unchanged vs 10-2025
12-2025: 5.2%● unchanged vs 11-2025
01-2026: 5.0%▼ -0.2 percentage points vs 12-2025
02-2026: 9.6%▲ +4.6 percentage points vs 01-2026
03-2026: 9.4%▼ -0.2 percentage points vs 02-2026
04-2026: 9.5%▲ +0.1 percentage points vs 03-2026
05-2026: 9.8%▲ +0.3 percentage points vs 04-2026
06-2026: 10.0%▲ +0.2 percentage points vs 05-2026
07-2026: 10.3%▲ +0.3 percentage points vs 06-2026
08-2026: 9.7%▼ -0.6 percentage points vs 07-2026
09-2026: 10.7%▲ +1.0 percentage point vs 08-2026highest value
10-2026: 6.7%▼ -4.0 percentage points vs 09-2026
11-2026: 3.1%▼ -3.6 percentage points vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2021
1 change of registered office in 24 months
Equity €2,879 (0.7% of total assets)
lowers risk
Figures for financial year 2025 (filed on 18-06-2026)
Calculation
The band follows from the bankruptcy probability. 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 81, micro). It does better than 11% of them on solvency, 53% on liquidity, 84% on profitability and 90% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as LMG Veegwerken has now. Each dot stands for 6 companies, two years later.
96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
The bankruptcy probability of LMG Veegwerken itself is higher: 3.1% within 12 months. It rests on far more data about LMG Veegwerken than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,153 companies, not a prediction for LMG Veegwerken. 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.
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 1569 sector peers (2025).
NBB · sector comparisonPosition among 1569 sector peers
Solvency
better than 9%
← weakest
strongest →
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 18-06-2026, 43 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
43 days early
2024
36 days early
2023
36 days early
2022
34 days early
2021
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 37 days before the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% 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 26 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
JI
JVD-Investment BV
Daily manager, Jelle Vandonink
- VANDONINK Gerry Jean 150 sharesdeed of 05-02-2021
- LUYCKX Wendy Catharina Frans 150 sharesdeed of 05-02-2021
Recent changes
Registered office moved from Pelt to Lommel
New registered office: Binnensingel 30 B, 3920 Lommel · Previous registered office: Over 't Waterstraat 94, 3900 Pelt · Board meeting of 31-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0762849174
Registered office moved to Pelt
New registered office: Over't waterstraat 94, 3900 Pelt · Appointments: JVD-Investment BV (director) and Wendy Luyckx (director) · Permanent representatives: Jelle Vandonink and Gerry Vandonink · General meeting of 15-10-2024 · Gazette deed
Incorporation
Founding capital of €6,000, 300 shares · Founders: VANDONINK Gerry Jean and LUYCKX Wendy Catharina Frans · Appointment: GWinvest (director) · published on 05-02-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LMG Veegwerken Lommel | €415,171 | €478,201 | 0.7% | 6.2 |
| PRO.NET.CLEAN & CO Saint-Josse-ten-Noode | €389,174 | €354,690 | 19.7% | 4.5 |
| Prevebo Veurne | €617,876 | €561,832 | 43.3% | 6 |
| Premium Surface Solutions Heusden-Zolder | €444,661 | €241,862 | 70.2% | 3 |
| A+ CLEANING Beringen | €302,472 | €256,074 | 9.7% | 5.8 |
| CREA FACADE Grâce-Hollogne | €241,612 | €254,104 | 45.8% | 5.9 |
| BLOMO Special Technics Nazareth-De Pinte | €406,628 | €237,795 | 21.9% | 2.6 |
These companies have the same main activity as LMG Veegwerken: other building cleaning and industrial cleaning (NACE 81220). They are comparable in size and age: total assets between €242,000 and €618,000, founded between 2017 and 2021.
Official details
Source: KBO- Status
- Active since 03-02-2021Normal situation
- Activity
- Other building cleaning and industrial cleaningNACE 81220and 4 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 114Brickworks
- 121Cleaning · annual accounts 2022
- Establishment unit
- 2.312.909.6693920 Lommel, since 03-02-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 03-04-2025
Annual accounts 2025
- €415,171▲ 4.0%
- Employeeson 31-12-2025
- 6▼ 14.3%
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Insights on LMG Veegwerken
LMG Veegwerken files the abbreviated format. That format states no turnover. The gross margin rose from €148,973 in 2021 to €478,201 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 Veegwerken
- What is the company number of LMG Veegwerken?
- The company number of LMG Veegwerken is 0762.849.174. The VAT number is the same number with BE in front: BE 0762.849.174.
- Where is LMG Veegwerken based?
- The registered office is at Binnensingel 30B, 3920 Lommel.Company details
- What does LMG Veegwerken do?
- According to the KBO register, the main activity is other building cleaning and industrial cleaning (NACE 81220).
- What is the legal form of LMG Veegwerken?
- LMG Veegwerken is a private limited company (BV).
- When was LMG Veegwerken founded?
- LMG Veegwerken was founded on 03-02-2021.
- Is LMG Veegwerken still active?
- Yes, LMG Veegwerken is an active enterprise in the KBO register.
- How many employees does LMG Veegwerken have?
- LMG Veegwerken had an average of 6.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LMG Veegwerken fall under?
- In its 2022 annual accounts, LMG Veegwerken states joint committees 200 (Auxiliary committee for white-collar workers), 114 (Brickworks) and 121 (Cleaning).
- What is the turnover of LMG Veegwerken?
- The turnover in financial year 2025 is ≈ €940,000. This figure is estimated from the gross margin of €478,201 and 51 comparable companies (NACE 81). It probably lies between €650,000 and €1.4m.
- Is LMG Veegwerken profitable?
- In financial year 2025, LMG Veegwerken made a profit of €103,723.
- Where can I find the annual accounts of LMG Veegwerken?
- LMG Veegwerken filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LMG Veegwerken due?
- LMG Veegwerken must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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