LNM
ActiveSummary
LNM has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,044 and a net result of €44,979. Its solvency ranks better than 77% of 5,648 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
- Equity
- €116,044
- Profit
- €44,979
- NEYENS Erik JohanDirector
- NEYENS Louis Erik Jan JefManaging director
Why 87raises riskFounded in 2023Sector: Services to buildings and landscape activities (NACE 81)lowers riskLiquidity: current ratio 1.78, cash €82,701Equity €116,044 (65.9% of total assets)Show the evidence
Checked score
About 5 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 81, micro): better than 76% on solvency, 86% on liquidity, 92% on profitability and 84% on growth.
The bankruptcy probability was computed on 29-10-2026 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 3 days before the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Equity above €100,000equity €116,044 ▲63.3%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 31% below 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 81, Services to buildings and landscape activities: 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 bankruptcy probability of 0.5% 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 497,445 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 | €441 | €6,787 | ▲ 15× |
| Other operating charges640/8 | €848 | €5,898 | ▲ 596% |
| Gross operating margin9900 | €83,978 | €69,587 | ▼ 17.1% |
| Operating profit (loss)9901 | €82,690 | €56,901 | ▼ 31.2% |
| Financial income75/76B | €17 | €0 | ▼ 100% |
| Recurring financial income75 | €17 | €0 | ▼ 100% |
| Financial charges65/66B | €110 | €203 | ▲ 84.1% |
| Recurring financial charges65 | €110 | €203 | ▲ 84.1% |
| Profit (loss) for the period before taxes9903 | €82,596 | €56,698 | ▼ 31.4% |
| Income taxes67/77 | €16,532 | €11,718 | ▼ 29.1% |
| Profit (loss) for the period9904 | €66,064 | €44,979 | ▼ 31.9% |
| Profit (loss) for the period to be appropriated9905 | €66,064 | €44,979 | ▼ 31.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €111,602 | €175,963 | ▲ 57.7% |
| Fixed assets21/28 | €3,559 | €69,272 | ▲ 19× |
| Tangible fixed assets22/27 | €3,559 | €69,272 | ▲ 19× |
| Land and buildings22 | - | €28,000 | - |
| Plant, machinery and equipment23 | - | €23,279 | - |
| Furniture and vehicles24 | €3,559 | €17,993 | ▲ 406% |
| Current assets29/58 | €108,043 | €106,691 | ▼ 1.3% |
| Amounts receivable within one year40/41 | €32,433 | €23,535 | ▼ 27.4% |
| Trade receivables40 | €32,433 | €20,582 | ▼ 36.5% |
| Other amounts receivable41 | - | €2,953 | - |
| Cash at bank and in hand54/58 | €75,152 | €82,701 | ▲ 10.0% |
| Deferred charges and accrued income490/1 | €458 | €455 | ▼ 0.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €111,602 | €175,963 | ▲ 57.7% |
| Equity10/15 | €71,064 | €116,044 | ▲ 63.3% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €66,064 | €111,044 | ▲ 68.1% |
| Amounts payable17/49 | €40,538 | €59,920 | ▲ 47.8% |
| Amounts payable within one year42/48 | €40,538 | €59,920 | ▲ 47.8% |
| Trade debts44 | €16,693 | €18,218 | ▲ 9.1% |
| Suppliers440/4 | €16,693 | €18,218 | ▲ 9.1% |
| Taxes, remuneration and social security45 | €20,423 | €12,262 | ▼ 40.0% |
| Taxes450/3 | €20,423 | €12,262 | ▼ 40.0% |
| Other amounts payable47/48 | €3,421 | €29,440 | ▲ 760% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €66,064 | €44,979 | ▼ 31.9% |
| + Depreciation and write-downs630 | €441 | €6,787 | ▲ 15× |
| Operating cash flow (approximation) | €66,505 | €51,767 | ▼ 22.2% |
| Investment in fixed assets (approximation) | - | -€72,500 | - |
| Change in cash | - | €7,549 | - |
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 |
|---|---|---|---|
| 30-06-2025 | micro format | 30-01-2026 | 2026-00035318 |
| 30-06-2024 | micro format | 27-01-2025 | 2025-00010530 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2025 · 1 entry · €991 awarded · €862 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Day-to-day management 1
Other functions 1
Mandate history
- Board
- Day-to-day management
- Other function
| Name | Functions and periods |
|---|---|
| NEYENS Erik Johan |
|
| NEYENS Louis Erik Jan Jef |
|
Owners and capital
Capital and shareholders
- NEYENS Louis Erik Jan Jef 100 shares (100%) · €5,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 21-06-2023 Incorporation · €5,000
- 21-06-2023 Incorporation · €5,000 · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-06
Gazette deed
IncorporationAppointments: NEYENS Louis Erik Jan Jef (director) and NEYENS Erik Johan (director) · Founder · Founding capital9 facts ▸
- Incorporation, “LNM” (deed in Dutch)
- Founder, NEYENS Louis Erik Jan Jef (oprichter – aandeelhouder)
- Founding capital, €5,000 (2 times)
- Bank account, 5000, “vennootschap in oprichting” (deed in Dutch)
- Director appointment, NEYENS Louis Erik Jan Jef (director (not named in the articles))
- Director appointment, NEYENS Erik Johan (director (not named in the articles))
- Director appointment, NEYENS Louis Erik Jan Jef (dagelijks/gedelegeerd bestuurder)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten vanaf 2023-06-01 door comparant in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Pre-incorporation commitments, ratification, “bekrachtiging na verkrijging rechtspersoonlijkheid nogmaals door bestuursorgaan laten bevestigen en handelingen tussen heden en verkrijging op zel…” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0802.843.363
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 |
|---|---|---|---|---|
| 72028B0701/00G000 | Flanders | 6,165 m² | 1 · 378 m² | 7.0 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Landschapsverzorging; Snoeien van bomen en heggen; Aanleggen en onderhouden van tuinen, parken en het groene gedeelte van sportvelden…” (deed in Dutch)
17 activities (deed in Dutch)
- Landschapsverzorging
- Snoeien van bomen en heggen
- Aanleggen en onderhouden van tuinen, parken en het groene gedeelte van sportvelden
- Detailhandel in bloemen, planten, zaden en kunstmeststoffen in gespecialiseerde winkels
- Stedenbouwkundige en tuin- en landschapsarchitecten
- Uitvoeren van studies en verlenen van advies in verband met stedenbouwkundige planning en landschapsarchitectuur
- Ontwerpen van tuinen en parken, enzovoort
- Voorbereiden van landbouwvelden
- Snoeien van fruitbomen en wijnstokken
- Exploitatie van irrigatiesystemen voor de landbouw
- Bosbouw
- Houtteelt
- Bouw van speel- en sportterreinen, zwembaden enzovoort
- Kleinhandel in een uitgebreid gamma van tuinbouwproducten en tuinbouwbenodigdheden voor particulier gebruik, in gespecialiseerde tuincentra
- Plaatsen van hekwerken en poorten
- Aanneming graafwerken en funderingen
- Projectontwikkeling van onroerende goederen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LNM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren vestigen in België of buitenland bij enkel…” (deed in Dutch)“3680 Maaseik, Meurenstraat 1, overbrenging naar om het even welke plaats in tweetalig gebied Brussel Hoofdstad of Nederlands taalgebied door…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbepaalde duur bij gebrek aan bepaling” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Thursday of December at 20:00
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
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien geen andere vereffenaar benoemd, bestuurder(s) in functie als vereffenaar(s) krachtens statuten” (deed in Dutch)