LNMK
ActiveSummary
The computed 12-month bankruptcy probability of LNMK is 2.5% (moderate). The 2025 annual accounts show equity of €31k and a net result of €14k. Equity is growing by ~76.2% per year across the filed fiscal years. Its solvency ranks better than 40% of 27965 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability90▼-10
Solvency63▼-18
Growth78=
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.5 against 2.67 in 2024; short-term debt: 24.5% and cash: 18.6% of total assets), but 61.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.4%
Return on assets
17.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
13 d late
2024
30 d late
2023
208 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▲ 80.9%
2024 · €17k
Total assets
€80k▲ 164%
2024 · €30k
Net result
€14k▲ 13.0%
2024 · €12k
Working capital
€10k▼ 41.8%
2024 · €17k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€4k-€17k▲ 385%€21k▲ 21.0%
Net result€2k-€12k▲ 418%€14k▲ 13.0%
Equity€5k-€17k▲ 252%€31k▲ 80.9%
Total assets€22k-€30k▲ 39.8%€80k▲ 164%
Debt€17k-€13k▼ 21.0%€50k▲ 270%
Working capital€2k-€17k▲ 606%€10k▼ 41.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 21% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80k
Fixed assets
€51k ▲ 1,393%
Current assets
€30k ▲ 9.3%
Equity and liabilities €80k
Equity
€31k ▲ 80.9%
Debt
€50k ▲ 270%
Debt's share of the balance-sheet total rises from 43.9% to 61.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31k▲
2024 · €23k
Cash flow
€24k▲
2024 · €18k
Current ratio
1.50▼
2024 · 2.67
Debt to equity
1.60▲
2024 · 0.78
ROE
44.7%▼
2024 · 71.6%
ROA
17.2%▼
2024 · 40.1%
Interest coverage
27.14▲
2024 · 23.86
Debt ≤ 1 year
€20k▲
2024 · €10k
Debt > 1 year
€30k▲
2024 · €3k
Income taxes
€6k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €6k | €10k | ▲ 82.0% |
| Other operating charges640/8 | €158 | €972 | €947 | ▼ 2.6% |
| Gross operating margin9900 | €11k | €24k | €32k | ▲ 34.3% |
| Operating profit (loss)9901 | €4k | €17k | €21k | ▲ 21.0% |
| Financial income75/76B | €5 | €2 | - | - |
| Recurring financial income75 | €5 | €2 | - | - |
| Financial charges65/66B | €96 | €948 | €1k | ▲ 19.4% |
| Recurring financial charges65 | €96 | €948 | €1k | ▲ 19.4% |
| Profit (loss) for the period before taxes9903 | €3k | €16k | €20k | ▲ 21.1% |
| Income taxes67/77 | €1k | €4k | €6k | ▲ 46.4% |
| Profit (loss) for the period9904 | €2k | €12k | €14k | ▲ 13.0% |
| Profit (loss) for the period to be appropriated9905 | €2k | €12k | €14k | ▲ 13.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €22k | €30k | €80k | ▲ 164% |
| Fixed assets21/28 | €9k | €3k | €51k | ▲ 1,393% |
| Tangible fixed assets22/27 | €9k | €3k | €51k | ▲ 1,429% |
| Furniture and vehicles24 | €9k | €3k | €51k | ▲ 1,429% |
| Financial fixed assets28 | €86 | €86 | €86 | = |
| Current assets29/58 | €13k | €27k | €30k | ▲ 9.3% |
| Amounts receivable within one year40/41 | €4k | €12k | €14k | ▲ 16.5% |
| Trade receivables40 | €4k | €10k | €10k | ▲ 1.1% |
| Other amounts receivable41 | €15 | €2k | €4k | ▲ 85.9% |
| Cash at bank and in hand54/58 | €8k | €15k | €15k | ▼ 1.3% |
| Deferred charges and accrued income490/1 | €905 | - | €757 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €22k | €30k | €80k | ▲ 164% |
| Equity10/15 | €5k | €17k | €31k | ▲ 80.9% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Reserves13 | - | - | €14k | - |
| Distributable reserves133 | - | - | €14k | - |
| Profit (loss) carried forward14 | €2k | €15k | €15k | ▲ 0.5% |
| Amounts payable17/49 | €17k | €13k | €50k | ▲ 270% |
| Amounts payable after more than one year17 | €6k | €3k | €30k | ▲ 816% |
| Financial debts170/4 | €6k | €3k | €30k | ▲ 816% |
| Amounts payable within one year42/48 | €10k | €10k | €20k | ▲ 94.7% |
| Current portion of amounts payable after more than one year42 | €5k | €4k | €11k | ▲ 169% |
| Trade debts44 | €506 | €357 | €347 | ▼ 2.7% |
| Suppliers440/4 | €506 | €357 | €347 | ▼ 2.7% |
| Taxes, remuneration and social security45 | €5k | €5k | €8k | ▲ 48.3% |
| Taxes450/3 | €5k | €5k | €6k | ▲ 16.2% |
| Remuneration and social security454/9 | - | - | €2k | - |
| Other amounts payable47/48 | €141 | €141 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €12k | €14k | ▲ 13.0% |
| + Depreciation and write-downs630 | €8k | €6k | €10k | ▲ 82.0% |
| Operating cash flow (approximation) | €10k | €18k | €24k | ▲ 34.5% |
| Investment in fixed assets (approximation) | - | €0 | €-57k | - |
| Change in cash | - | €8k | €-204 | ▼ 103% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial
Highest result since 2023net €14k ▲13%
Operating result €21k, net result €14k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
24-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 208 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 2.67
Current ratio from 1.23 to 2.67; short-term debt falls from €10k to €10k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Walhain · 1 establishment unit since 2022
Ground area
1,367 m²
Building footprint
146 m²
Volume, LiDAR
648 m³
Parcel 25104D0186/00P000, Wallonia · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LNMK
since 20222.336.619.637
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25104D0186/00P000 | Wallonia | 1,366 m² | 1 · 146 m² | 6.2 m · 1 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.
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 8,006 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.