LMS PROJECTS
ActiveSummary
LMS PROJECTS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,186 and a net result of €26,468. Its solvency ranks better than 55% of 426 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €29,186
- Profit
- €26,468
Why 98raises riskFounded in 2024lowers riskLiquidity: current ratio 2.23, cash €33,159Sector: Manufacture of other non-metallic mineral products (NACE 23)Equity €29,186 (54.7% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 23, micro): better than 57% on solvency, 81% on liquidity, 96% on profitability and 99% on growth.
The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 22 days before the deadline; the sector median (NACE 23) for financial year 2024 is 9 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: SCHODTS Lisa-Marie (director) ·…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 8.1 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 23, Manufacture of other non-metallic mineral products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,011 | €3,831 | ▲ 279% |
| Other operating charges640/8 | €1,713 | €1,529 | ▼ 10.8% |
| Gross operating margin9900 | €7,151 | €41,264 | ▲ 477% |
| Operating profit (loss)9901 | €4,426 | €35,905 | ▲ 711% |
| Financial income75/76B | €9 | €164 | ▲ 19× |
| Recurring financial income75 | €9 | €164 | ▲ 19× |
| Financial charges65/66B | €1,622 | €1,923 | ▲ 18.6% |
| Recurring financial charges65 | €1,622 | €1,923 | ▲ 18.6% |
| Profit (loss) for the period before taxes9903 | €2,813 | €34,146 | ▲ 12× |
| Income taxes67/77 | €1,094 | €7,678 | ▲ 602% |
| Profit (loss) for the period9904 | €1,718 | €26,468 | ▲ 15× |
| Profit (loss) for the period to be appropriated9905 | €1,718 | €26,468 | ▲ 15× |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €16,014 | €53,394 | ▲ 233% |
| Fixed assets21/28 | €6,506 | €4,136 | ▼ 36.4% |
| Tangible fixed assets22/27 | €6,506 | €4,136 | ▼ 36.4% |
| Plant, machinery and equipment23 | €6,506 | €4,136 | ▼ 36.4% |
| Current assets29/58 | €9,508 | €49,259 | ▲ 418% |
| Amounts receivable within one year40/41 | €3,512 | €14,311 | ▲ 308% |
| Trade receivables40 | €569 | €4,631 | ▲ 713% |
| Other amounts receivable41 | €2,942 | €9,680 | ▲ 229% |
| Cash at bank and in hand54/58 | €4,191 | €33,159 | ▲ 691% |
| Deferred charges and accrued income490/1 | €1,805 | €1,788 | ▼ 0.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €16,014 | €53,394 | ▲ 233% |
| Equity10/15 | €2,718 | €29,186 | ▲ 974% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €1,718 | €28,186 | ▲ 16× |
| Amounts payable17/49 | €13,296 | €24,208 | ▲ 82.1% |
| Amounts payable after more than one year17 | €5,195 | €2,102 | ▼ 59.5% |
| Financial debts170/4 | €5,195 | €2,102 | ▼ 59.5% |
| Amounts payable within one year42/48 | €8,101 | €22,106 | ▲ 173% |
| Current portion of amounts payable after more than one year42 | €3,022 | €3,093 | ▲ 2.3% |
| Trade debts44 | €424 | €1,730 | ▲ 308% |
| Suppliers440/4 | €424 | €1,730 | ▲ 308% |
| Advances received on contracts in progress46 | - | €1,960 | - |
| Taxes, remuneration and social security45 | €4,655 | €15,324 | ▲ 229% |
| Taxes450/3 | €4,655 | €15,324 | ▲ 229% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €1,718 | €26,468 | ▲ 15× |
| + Depreciation and write-downs630 | €1,011 | €3,831 | ▲ 279% |
| Operating cash flow (approximation) | €2,730 | €30,299 | ▲ 11× |
| Investment in fixed assets (approximation) | - | -€1,460 | - |
| Change in cash | - | €28,968 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 02-07-2026 | 2026-00240673 |
| 31-12-2024 | micro format | 16-07-2025 | 2025-00274345 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| SCHODTS Lisa-Marie |
|
Owners and capital
Capital and shareholders
- SCHODTS Lisa-Marie sole founder · 100% at incorporation
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 21-03-2024 Incorporation · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-03
Gazette deed
IncorporationAppointment: SCHODTS Lisa-Marie (director) · Founder · Founding capital8 facts ▸
- Incorporation, 18-03-2024
- Founder, SCHODTS Lisa-Marie
- Founding capital
- Bank account, “KBC bank, vennootschap in oprichting” (deed in Dutch)
- Registered office clause, “Rectorijstraat 6A”, 3470 (deed in Dutch)
- Board rule, 1
- Director appointment, SCHODTS Lisa-Marie (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24091A0420/00X000 | Flanders | 709 m² | 1 · 255 m² | 8.9 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het organiseren en geven van lessen; Het organiseren en geven van workshops en teambuildings; Het ter beschikking stellen van ruimte aan…” (deed in Dutch)
24 activities (deed in Dutch)
- Het organiseren en geven van lessen;
- Het organiseren en geven van workshops en teambuildings;
- Het ter beschikking stellen van ruimte aan lesgevers;
- Het leveren van diensten inzake keramiek (bakken,glazuren,…);
- Het aankopen en verkopen van goederen;
- Activiteiten in het gebied van de keramiek;
- Pianolessen;
- De handel in het herstellen,bewerken en realiseren van volgende artikelen:hout,goud-en zilverwerk,juwelen,meubels,lederwaren zoals handtassen/zetels,sieraden,…. ;
- De handel in planten en bloemen,het uitbaten van een bloemisterij;
- Het maken en in de handel brengen van fotoreportages en andere beeldopnames (film,video…) voor allerlei doeleinden zoals onder meer modefotografie,reclame en portretfotografie,…;
- Het oprichten,overnemen en uitbaten van apotheken,aankoop en verkoop,in-en uitvoer,fabricatie in het groot en in het klein van scheikundige,farmaceutische en para-farmaceutische artikelen;
- De handel in kruiden,drogisterij-,parfumerie-,schoonheids-,toilet-,verband-,dieet-,laboratorium-,optische en onderhoudsartikelen en aanverwante producten of diensten;
- Iedere handelsbedrijvigheid welke met de gezondheidszorg verband houdt,in de ruimste zin;
- Het geven van opleidingen,trainingen en workshops;
- Overige vormen van onderwijs;
- Het aanbieden van advies i.v.m.gedragsproblemen met dieren,opleidingen en trainingen geven omtrent omgaan en opvoeden van dieren;
- Organisatie van evenementen,congressen en beurzen;
- Management activiteiten:het tussenkomen in het dagelijks bestuur,het vertegenwoordigen van de bedrijven alsook het waarnemen van de functie van bestuurder,manager,vervangende ondernemer,commercieel tussenpersoon,operationeel manager of gemandateerde in ondernemingen en vennootschappen;
- Het verrichten,in het algemeen,van alle roerende,onroerende,commerciële,industriële,financiële,handelingen die in rechtstreeks of onrechtstreeks verband staan met de rest van het voorwerp,of die van aard zijn,zouden zijn of zouden kunnen zijn om de verwezenlijking van het voorwerp geheel of gedeeltelijk te vergemakkelijken en bevorderen;
- Het waarnemen van opdrachten als bestuurder of vereffenaar in andere vennootschappen.Het optreden als managementvennootschap,het beheren van vennootschappen,het optreden als holding,het verrichten van alle managementactiviteiten van holdings:het deelnemen,onder gelijk welke vorm,aan de oprichting,uitbreiding,omzetting,fusie,opslorping,het bestuur en controle van ondernemingen.Het nemen van belangen,hetzij door deelneming,inbreng of elke andere wijze in alle vennootschappen,ondernemingen of groeperingen,bestaande of op te richten,zowel in België als in het buitenland,die een aanvullend of soortgelijk voorwerp nastreven,of van die aard zijn de ontwikkeling van haar onderneming te bevorderen of de afzet van haar producten of diensten kunnen vergemakkelijken;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten (vruchtgebruik,recht van opstal,erfpacht,…),zoals de huurfinanciering van onroerend goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,het ontwerpen en opvolgen van projecten,en het maken van studies met betrekking tot immobiliën;de aan-en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen;alsmede zich borg stellen voor het goede verloop van verbintenissen,door derde personen aangegaan,die het genot zouden hebben van voormelde roerende en onroerende goederen;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop,het beheren van aandelen,aandelenopties,obligaties,kasbons,afgeleide producten of andere roerende waarden,van welke vorm ook,uitgegeven door Belgische of buitenlandse emittenten;
- De uitbating van een vakantiewoning in de meest ruime zin en de exploitatie en organisatie van alle mogelijke bijhorende activiteiten,arrangementen en evenementen,de aan-en verkoop van voedingswaren,(alcoholische) dranken en aanverwante benodigdheden en materialen in dat verband;
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,in eender welke vorm;het zich borg stellen of aval verlenen,in de meest ruime zin;alle handelsoperaties en financiële operaties verrichten,behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen.Het aangaan van leningen of schulden bij derden (met inbegrip van haar vennoten en haar zaakvoerders) en het maken van alle kosten en doen van alle investeringen die zij nodig of wenselijk acht.Het zich borg stellen en/of het verlenen van zakelijke en/of persoonlijke zekerheden tot waarborg van eigen verbintenissen of tot waarborg van verbintenissen van derden,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LMS PROJECTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Behalve handelingen die wet of statuten aan algemene vergadering voorbehouden, onbepaalde duur” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen” (deed in Dutch)