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LN MORE

Active
Public limited companyfounded 20251 yr activeSint-Annastraat 55, 9250 Waasmunster, BelgiumKBO/BCE: BE 1018.491.189
Summary

LN MORE has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.7m and a net result of €25,340. Its solvency ranks better than 71% of 2300 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes
Profitability27
Solvency91
Growth-
Track record67
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €310,000 at 30 days only on tighter terms
short-term debt: 0.3% and cash: 4.1% of total assets, and 33.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
66.1%
Return on assets
0.4%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 22-07-2026, 9 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
9 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 9 January 2025, LN MORE was incorporated as a Public limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€4.7m
Total assets
€7.1m
Net result
€25,340
Working capital
€7.1m

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €7.1m
Fixed assets €131
Current assets €7.1m
Equity and liabilities €7.1m
Equity €4.7m
Provisions €392,877
Debt €2.0m
Debt finances 28.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€55,747
Cash flow
€31,306
Debt to equity
0.43
ROE
0.5%
ROA
0.4%
Interest coverage
0.92
Debt ≤ 1 year
€21,072
Debt > 1 year
€2.0m
Income taxes
€14,489
A ratio outside any meaningful range has been withheld (balance sheet total €7.1m, equity €4.7m).

Peer companies

Historical observation

Of the 2,626 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • solvency 30% or more
  • a profit under 5% of the balance sheet
  • without age
0.1% went bankrupt
3.0% stopped otherwise
97% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 2,626 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 49 lines
Balance sheet Code2025
Assets
Total assets20/58€7.1m
Fixed assets21/28€131
Tangible fixed assets22/27€131
Furniture and vehicles24€131
Current assets29/58€7.1m
Amounts receivable within one year40/41€2.1m
Trade receivables40€71,226
Other amounts receivable41€2.0m
Current investments50/53€4.6m
Cash at bank and in hand54/58€291,248
Deferred charges and accrued income490/1€43,355
Equity and liabilities
Total equity and liabilities10/49€7.1m
Equity10/15€4.7m
Contributions10/11€466,505
Outside capital11€466,505
Other1109/19€466,505
Reserves13€4.2m
Distributable reserves133€4.2m
Profit (loss) carried forward14€0
Provisions and deferred taxes16€392,877
Provisions for liabilities and charges160/5€392,877
Other liabilities and charges164/5€392,877
Amounts payable17/49€2.0m
Amounts payable after more than one year17€2.0m
Financial debts170/4€2.0m
Amounts payable within one year42/48€21,072
Trade debts44€7,149
Suppliers440/4€7,149
Taxes, remuneration and social security45€13,090
Taxes450/3€13,090
Other amounts payable47/48€833
Accrued charges and deferred income492/3€1,039
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,966
Other operating charges640/8€3,327
Gross operating margin9900€59,073
Operating profit (loss)9901€49,780
Financial income75/76B€50,607
Recurring financial income75€50,607
Financial charges65/66B€60,558
Recurring financial charges65€60,558
Profit (loss) for the period before taxes9903€39,829
Income taxes67/77€14,489
Profit (loss) for the period9904€25,340
Profit (loss) for the period to be appropriated9905€25,340
Appropriation of the result
Profit (loss) to be appropriated9906€25,340
Transfer to equity691/2€24,507
To other reserves6921€24,507
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,966
Other operating charges640/8€3,327
Gross operating margin9900€59,073
Operating profit (loss)9901€49,780
Financial income75/76B€50,607
Recurring financial income75€50,607
Financial charges65/66B€60,558
Recurring financial charges65€60,558
Profit (loss) for the period before taxes9903€39,829
Income taxes67/77€14,489
Profit (loss) for the period9904€25,340
Profit (loss) for the period to be appropriated9905€25,340
Line2025
Assets
Total assets20/58€7.1m
Fixed assets21/28€131
Tangible fixed assets22/27€131
Furniture and vehicles24€131
Current assets29/58€7.1m
Amounts receivable within one year40/41€2.1m
Trade receivables40€71,226
Other amounts receivable41€2.0m
Current investments50/53€4.6m
Cash at bank and in hand54/58€291,248
Deferred charges and accrued income490/1€43,355
Equity and liabilities
Total equity and liabilities10/49€7.1m
Equity10/15€4.7m
Contributions10/11€466,505
Outside capital11€466,505
Other1109/19€466,505
Reserves13€4.2m
Distributable reserves133€4.2m
Profit (loss) carried forward14€0
Provisions and deferred taxes16€392,877
Provisions for liabilities and charges160/5€392,877
Other liabilities and charges164/5€392,877
Amounts payable17/49€2.0m
Amounts payable after more than one year17€2.0m
Financial debts170/4€2.0m
Amounts payable within one year42/48€21,072
Trade debts44€7,149
Suppliers440/4€7,149
Taxes, remuneration and social security45€13,090
Taxes450/3€13,090
Other amounts payable47/48€833
Accrued charges and deferred income492/3€1,039
Line2025
Profit (loss) for the period9904€25,340
+ Depreciation and write-downs630€5,966
Operating cash flow (approximation)€31,306

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
22-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
14-01
State Gazette act Capital & shares · Resignations & appointments · Restructuring · Miscellaneous
Net-asset statement · Share transfer · Capital23 facts ▸
  • General meeting, 24-12-2025
  • General meeting, 24-12-2025
  • General meeting, 24-12-2025
  • General meeting, 24-12-2025
  • General meeting, 24-12-2025
  • Net-asset statement, 31-12-2024
  • Net-asset statement, 31-12-2024
  • Net-asset statement, 31-12-2024
  • Net-asset statement, 31-12-2024
  • Share transfer, DE BONTE NEW GENERATION → AES INVEST
  • Share transfer, DE BONTE NEW GENERATION → PB ENGINEERING
  • Capital, €466.813,8
  • +11 further facts in this act
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waasmunster · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
4,092 m²
Volume, LiDAR
31,147 m³
Parcel 42342C2122/00K003, Flanders · tallest building 41.7 m, ±3 floors. Linked by address, not a title deed.
14 companies at this address See who is registered here
1 establishment unit
LN MORE
Sint-Annastraat 55, 9250 WaasmunsterActivities of holding companies
since 20252.369.826.497
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42342C2122/00K003 Flanders 1.1 ha 1 · 4,092 m² 41.7 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
Received in a demerger part of:DE BONTE NEW GENERATION
BE 0543.336.788partial demerger · State Gazette act of 14-01-2026 (2 acts)

Capital and shareholders

Capital over the years
  1. 14-01-2026 Capital stated in the act · 466,813.80 EUR · 1,000 shares

Recognitions · licences · registrations

Legal Entity Identifier

8945004I4LO7CHDQX692
live in the LEI register

Similar companies · same sector, comparable size

Of 24,517 companies in sector 82990 we hold annual accounts for 9,415. 1,938 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded09-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
64999Other financial services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018491189
Registered 26-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.