LMG Veegwerken
The computed 12-month bankruptcy probability of LMG Veegwerken is 3.0% (moderate). The 2024 annual accounts show negative equity (€-101k) and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 140 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-101k |
| Net result | €3k |
| Staff (FTE) | 7 |
| Better than sector | 8% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -25.3% | 34.4% | |
| Net result | €3k | €26k | |
| Equity | €-101k | €116k | |
| Gross operating margin | €414k | €208k | |
| Staff costs | €339k | €187k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €60k |
| Net profit | €3k |
| Cash flow | €46k |
| Staff costs | €339k |
| Income taxes | €392 |
| Dividends | - |
| Total assets | €399k |
| Equity | €-101k |
| Debt | €500k |
| of which ≤ 1y | €109k |
| of which > 1y | €391k |
| Working capital | €100k |
| Employees (FTE) | 7.0 |
| 2024 | |
|---|---|
| Current ratio | 1.92 |
| Quick ratio | 1.89 |
| Working capital ratio | 25.1% |
| Solvency | -25.3% |
| Debt / equity | -4.96 |
| Long-term debt ratio | -3.88 |
| Interest coverage | 3.40 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.7% |
| ROE | -2.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (26 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €399k |
| Fixed assets | 21/28 | €190k |
| Intangible fixed assets | 21 | €32k |
| Tangible fixed assets | 22/27 | €157k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €209k |
| Stocks & contracts in progress | 3 | €3k |
| Amounts receivable within one year | 40/41 | €195k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €399k |
| Equity | 10/15 | €-101k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €3k |
| Accumulated profits (losses) | 14 | €-110k |
| Amounts payable | 17/49 | €500k |
| Amounts payable after one year | 17 | €391k |
| Amounts payable within one year | 42/48 | €109k |
| Trade debts payable within one year | 44 | €52k |
| Income statement | ||
| Gross operating margin | 9900 | €414k |
| Operating result | 9901 | €16k |
| Financial income | 75 | €4k |
| Financial charges | 65 | €18k |
| Result before taxes | 9903 | €3k |
| Income taxes | 67/77 | €392 |
| Net result for the period | 9904 | €3k |
| Result to be appropriated | 9905 | €3k |
-
JVD-Investment BVLegal entityDirector· perm. rep.: Jelle VandoninkState Gazette act 24158744 (06-11-2024)Current15-10-2024 → present
-
Current15-10-2024 → present
Former directors (1)
-
GW Invest BVLegal entityDirector· perm. rep.: Gerry VandoninkState Gazette act 24158744 (06-11-2024)Former- → 15-10-2024
| NACE primary | Overige reiniging van gebouwen; industriële reiniging(81220) |
| Legal form | Private limited company(610) |
| Incorporation | 03-02-2021 |
| Status | Active |
| Postal code | 3920 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C0703/00E002 | Flanders | 5,688 m² | 1 · 2,627 m² | 12.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
30-01-2026 Registered office moved from Pelt to Lommel
- Over 't Waterstraat 94, 3900 Pelt → Binnensingel 30, 3920 Lommel
Technical details
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"events": [
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"new_address": {
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"street": "Binnensingel",
"country": "BE",
"postcode": "3920",
"box_number": "B",
"street_number": "30"
},
"old_address": {
"city": "Pelt",
"region": null,
"street": "Over \u0027t Waterstraat",
"country": "BE",
"postcode": "3900",
"box_number": null,
"street_number": "94"
},
"effective_date": "2026-01-01",
"evidence_quote": "Het bestuur beslist dat de zetel van de vennootschap zal worden verplaatst van Over \u0027t Waterstraat 94, 3900 Pelt naar Binnensingel 30 B, 3920 Lommel, en dit vanaf 01/01/2026."
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0762.849.174",
"name_full": "LMG VEEGWERKEN",
"legal_form": "BV"
}
}06-11-2024 2 directors appointed, 1 resigning
- Jelle Vandonink, Bestuurder
- Wendy Luyckx, Bestuurder
- Gerry Vandonink, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
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"name": "Jelle Vandonink",
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"name": "JVD-Investment BV",
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"country": null,
"legal_form": null
},
"effective_date": "2024-10-15",
"evidence_quote": "De algemene vergadering beslist tot de benoeming van JVD-Investment BV met als vaste vertegenwoordiger Jelle Vandonink, met zetel te 3920 Lommel, Binnensingel 30 bus B, als niet-statutaire bestuurder, en dit met ingang op 15/10/2024."
},
{
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"name": "Wendy Luyckx",
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},
"effective_date": "2024-10-15",
"evidence_quote": "De algemene vergadering beslist tot de benoeming van Wendy Luyckx, met woonplaats te 3920 Lommel, Albert Servaesdreef 6, als niet-statutaire bestuurder, en dit met ingang op 15/10/2024."
},
{
"kind": "director_out",
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"kbo": null,
"name": "GW Invest BV",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2024-10-15",
"evidence_quote": "De algemene vergadering beslist tot het ontslag van GW Invest BV met als vaste vertegenwoordiger Gerry Vandonink, met zetel te 3920 Lommel, John Cockerillstraat 70, als niet-statutaire bestuurder, en dit met ingang op 15/10/2024. De algemene vergadering verleent deze persoon kwijting voor de uitoefe",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0762.849.174",
"name_full": "LMG VEEGWERKEN",
"legal_form": "BV"
}
}05-02-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "3920 Lommel, John Cockerillstraat 70",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
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},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1978-01-25",
"name": "VANDONINK Gerry Jean",
"niss": null,
"address": "3920 Lommel, John Cockerillstraat 70"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3000,
"holder_person_name": "VANDONINK Gerry Jean",
"is_subscriber_only": true,
"n_shares_subscribed": 150,
"amount_subscribed_eur": 3000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1980-07-30",
"name": "LUYCKX Wendy Catharina Frans",
"niss": null,
"address": "3920 Lommel, John Cockerillstraat 70"
},
"share_class": "Aandelen",
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"contribution_type": "cash",
"amount_paid_in_eur": 3000,
"holder_person_name": "LUYCKX Wendy Catharina Frans",
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"n_shares_subscribed": 150,
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"is_anonymous_silent_partner": false
}
],
"capital_eur": 6000,
"subject_company": {
"kbo": "0762.849.174",
"name_full": "LMG Veegwerken",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-01-28",
"post_incorporation_mandates": []
}| Legal nameNL | LMG Veegwerken |