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LMIT

Active
Public limited companyfounded 1971active for 54 yearsSteenweg op Leuven 1230, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0411.599.110
Summary

LMIT has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €161,438. Equity has been stable since 2018 (±0.4% per year). Its solvency ranks better than 46% of 5,796 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-11-1971 Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 2 others
Joint committees
125.03 Paritair Subcomité voor de houthandel
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.006.498.844 1200 Sint-Lambrechts-Woluwe, since 01-11-1971
Financial year end
31 December
Peppol
Reachable since 08-09-2025

Board and ownership

Board
  • GUNESDirector · since 23-07-2021 · permanent representative Ilyas MUTLU
Shareholders
  • GUNES· score 66annual accounts 2025

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€776,678
▲ 22.1%
Turnover
≈ €860,000
estimated
Profit
€161,438
▲ 629%
Equity
€2.5m
▲ 6.4%
Total assets
€7.4m
▲ 7.1%
Employees on 31-12-2025
6
▲ 50.0%
Score breakdownraises riskLiquidity: current ratio 1.76, cash €55,5861 of the last 3 accounts latelowers riskSize: 4.4 FTE, total assets €7.4mFounded in 1971Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 59=
equity 34.2% of total assets
Liquidity 40-4
short-term debt 28.1% · cash 0.7%
Profitability 65+13
return on assets 2.2%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.2 percentage points vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.76 (2.05 in 2024), above the usual 1.5. Short-term debt is 28.1% and cash 0.7% of total assets. However, 65.8% of the assets are financed with debt and provisions.
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 68, micro). It does better than 52% of them on solvency, 32% on liquidity, 51% on profitability and 61% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.76, cash €55,586
NBB · annual accounts
lowers risk · Size: 4.4 FTE, total assets €7.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1971
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
29 days early
2023
48 days late
2022
3 days early
2021
27 days early
2020
9 days late
2019
52 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 6 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €22,152 to €161,438 ▲ 629% View
  • Positive: 6th oldest company in Sint-Lambrechts-Woluwe, Real estate sectorin the Checked rankings No. 6 View

Recent changes

  1. · Gazette deed Resignation: Ilyas MUTLU (director)Appointment: GUNES SRL (sole director) · Permanent representative: Ilyas MUTLU
  2. · Gazette deed Resignation: Sümuni KUCUKKAPLAN (director)Permanent representative: Ilyas MUTLU
All 14 events

Comparable companies

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.

CompanyTotal assetsGross margin
LMIT Sint-Lambrechts-Woluwe€7.4m€0.8m
Mundo Matongé Elsene€4.8m€0.8m
GROUPE HENRY IMMOBILIER Visé€8.0m€1.4m
PACO Boom€4.9m€1.0m
TULDERHEYDE Ravels€6.8m€0.5m
IMMONEX Chaumont-Gistoux€9.4m€0.7m
CARES Jemeppe-sur-Sambre€4.8m€0.8m
Full comparison

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 Sint-Lambrechts-Woluwe.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?
The legal form of LMIT is 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 (Paritair Subcomité voor de houthandel) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of LMIT?
The turnover in financial year 2025 is ≈ €860,000. This figure is estimated from the gross margin of €776,678 and 39 comparable companies (NACE 68203). It probably lies between €810,000 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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