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LMIT

Active Public limited companyfounded 1971active for 54 yearsSteenweg op Leuven 1230, 1200 Woluwe-Saint-LambertKBO/BCE: BE 0411.599.110 subsidiary of #6 oldest company in Woluwe-Saint-Lambert, Real estate sector

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €1.6m (2011)
€776,678▲ 22.1%
lowest -€460,015 (2017)
€161,438▲ 629%
peak €2.6m (2020)
€2.5m▲ 6.4%
€4.3m▲ 9.2%
peak 25 FTE (2011)
4.4 FTE▲ 10.0%
Board8 names since 2015
2 directors and 1 other
Owners2 names in the annual accounts
100%
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Gross margin from €636,237 to €776,678Result from €22,152 to €161,438Staff from 4 FTE to 4.4 FTENew sole director 20-02Resignation: (director) 12-02

Key points

from the 2025 annual accounts

Result

€161,438 ▲ 629%
€22,2002024€161,0002025

The result rose in 2025: different schema filed.

Turnover

≈ €870,000 estimated

The accounts state no turnover.

Investments

€55,510 0.2 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

4.4 FTE from 25 in 2011

Between 2011 and 2025, 82% of the full-time equivalents disappeared.

Filings

49 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

Five of the last ten came late. The 2023 accounts came latest: 48 days after the end of the period.

Position in the sector

€2.5m

More equity than 82% of companies in real estate. Sector median €403,257 · 12,434 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as LMIT has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 17,044 companies, not a prediction for LMIT. 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

Managing director,
Director
  • 100%score equity €12.4m (2025) · annual accounts 2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0411599110
New sole director appointed, resigned · Permanent representative: · Director discharge: · General meeting of 31-01-2025 · Gazette deed
Resignation: (director) Permanent representative: · Director discharge: · General meeting of 27-12-2024 · Gazette deed
3 directors reappointed (managing director), and · Permanent representative: · General meeting of 22-07-2021 · Gazette deed
All 66 events

Comparable companies

same main activity, similar in size and age
Company
LMIT Woluwe-Saint-Lambert €7.4m €0.8m 34.2% 4.4
Mundo Matongé Ixelles €4.8m €0.8m 23.4% 3.5
GROUPE HENRY IMMOBILIER Visé €8.0m €1.4m 9.7% 3.6
PACO Boom €4.9m €1.0m 67.4% 5.3
TULDERHEYDE Ravels €6.8m €0.5m 22.2% 5.1
IMMONEX Chaumont-Gistoux €9.4m €0.7m 93.4% 2.8
CARES Jemeppe-sur-Sambre €4.8m €0.8m 53.5% 3.1

These companies have the same main activity as LMIT: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €4.8m and €9.4m, founded between 1960 and 1988.

Official details

Source: KBO
Status
Active since 29-11-1971Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 2 others
Joint committees
125.03Timber trade
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.006.498.8441200 Woluwe-Saint-Lambert, registered on 01-11-1971
Financial year end
31 December
Peppol
Reachable since 08-09-2025
Company details

Annual accounts 2025

€7.4m▲ 7.1%
Employeeson 31-12-2025
6▲ 50.0%
Filing
Filed on 06-07-2026, 25 days before the end of the filing period
Financials

Insights on LMIT

LMIT files the abbreviated format. That format states no turnover. The gross margin fell from €1.2m in 2006 to €776,678 in 2025.

holds all the shares.

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 LMIT

What is the company number of LMIT?
The company number of LMIT is 0411.599.110. The VAT number is the same number with BE in front: BE 0411.599.110.
Where is LMIT based?
The registered office is at Steenweg op Leuven 1230, 1200 Woluwe-Saint-Lambert.Company details
What does LMIT do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of LMIT?
LMIT is a public limited company (NV).
When was LMIT founded?
LMIT was founded on 29-11-1971.
Is LMIT still active?
Yes, LMIT is an active enterprise in the KBO register.
How many employees does LMIT have?
LMIT had an average of 4.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does LMIT fall under?
In its 2025 annual accounts, LMIT states joint committees 125.03 (Timber trade) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of LMIT?
The turnover in financial year 2025 is ≈ €870,000. This figure is estimated from the gross margin of €776,678 and 37 comparable companies (NACE 68203). It probably lies between €820,000 and €1.1m.
Is LMIT profitable?
In financial year 2025, LMIT made a profit of €161,438.
Where can I find the annual accounts of LMIT?
LMIT filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LMIT due?
LMIT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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