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Generated 19-07-2026
Active BE 0799.686.806Private limited company

LS & MK

Korenstraat 8 ·2170 Antwerpen, Belgium· 3 yrs active
Sector: Wholesale trade (46180)
Conclusion Checked

The computed 12-month bankruptcy probability of LS & MK is 2.0% (moderate). The 2024 annual accounts show equity of €7k and a net result of €8k. Its solvency ranks better than 49% of 3315 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €7k
Net result €8k
Better than sector 49%
Active 3 yrs
Snowflake analysis 5 axes · computed by Checked
Health64Profitability100Solvency33Growth78Stability94
74 / 100

Strong profile, led by profitability.

Health 64
Profitability 100
Solvency 33
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
2.0% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
64 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 28-08-2025 with the NBB · fiscal year 2024 · micro
€-20k€0€20k€40kOperating result 2023: €-2k€-2kNet result 2023: €-2k€-2kRevenue 2024: €39k€39kOperating result 2024: €10k€10kNet result 2024: €8k€8k20232024
RevenueOperating resultNet result
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 24.2% 25.2%
better than 49% of 3315 sector peers
Net result €8k €4k
better than 58% of 3303 sector peers
Equity €7k €22k
better than 35% of 3322 sector peers
Gross operating margin €20k €19k
better than 51% of 3289 sector peers
Staff costs €9k €27k
higher than 32% of 923 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€39k
- 23-24
EBITDA
€10k
- far above sector median
Net profit
€8k
- far above sector median
Cash flow
€9k
- far above sector median
Total assets
€27k
+1250.3% -72% vs sector
Equity
€7k
- -89% vs sector
Working capital
€-2k
-48.4% far below sector median
Staff costs
€9k
- -85% vs sector
Income taxes
€1k
- far above sector median
Debt
€21k
+502.8% -21% vs sector
Debt ≤ 1y
€21k
+502.8% +45% vs sector
Current ratio
0.90
+52.7% -76% vs sector
Quick ratio
0.90
+52.7% -68% vs sector
Solvency
24.2%
- -68% vs sector
Debt / equity
3.14
- far above sector median
ROE
121.4%
-28.9% far above sector median
ROA
29.3%
- far above sector median
Net margin
20.6%
- 23-24
EBITDA margin
26.6%
- 23-24
Interest coverage
97.26
- far above sector median
Figures by fiscal year
Fiscal year2024
Revenue€39k
EBITDA€10k
Net profit€8k
Cash flow€9k
Staff costs€9k
Income taxes€1k
Dividends-
Total assets€27k
Equity€7k
Debt€21k
of which ≤ 1y€21k
of which > 1y-
Working capital€-2k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.90
Quick ratio0.90
Working capital ratio-7.7%
Solvency24.2%
Debt / equity3.14
Long-term debt ratio-
Interest coverage97.26
Gross margin50.8%
Net margin20.6%
ROA29.3%
ROE121.4%
EBITDA margin26.6%
Days sales outstanding172d
Days payable outstanding131d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€27k
Fixed assets 21/28€9k
Formation expenses 20€0
Tangible fixed assets 22/27€9k
Current assets 29/58€19k
Amounts receivable within one year 40/41€18k
Cash & bank 54/58€271
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€27k
Equity 10/15€7k
Contributions / capital 10/11€1k
Accumulated profits (losses) 14€6k
Amounts payable 17/49€21k
Amounts payable within one year 42/48€21k
Trade debts payable within one year 44€7k
Income statement
Turnover 70€39k
Gross operating margin 9900€20k
Operating result 9901€10k
Financial income 75€1
Financial charges 65€107
Result before taxes 9903€9k
Income taxes 67/77€1k
Net result for the period 9904€8k
Result to be appropriated 9905€8k
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Ratios computed by Checked.
Legal Structure
NACE primary Wholesale trade(46180)
Legal form Private limited company(610)
Incorporation20-03-2023
StatusActive
Postal code2170
Establishment units 1 location
LS & MK
Kruisbekstraat 9, 2170 AntwerpenGroothandel in auto's en lichte bestelwagens (= 3,5 ton)
since 20232.343.160.902
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11028A0147/00D006 Flanders 698 m² 1 · 405 m² 20.4 m · 6 fl.
11028A0232/00T005 Flanders 501 m² 1 · 254 m² 20.6 m · 6 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
28-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
24-02-2025
State Gazette act Capital & shares
2024
31-10-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
08-03-2024
State Gazette act Capital & shares
Belgisch Staatsblad, acts 2 acts
Capital history · 2
24-02-2025
Capital change
08-03-2024
Capital change
All acts · 2 updated 1 year ago
2025
24-02-2025 All shares are now held by a single shareholder Capital & shares
Technical details 
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  "notary": {
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  "act_meta": {
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    "pub_date": "2025-02-24",
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    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
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    "act_date": "2025-02-10",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2025-02-10"
  },
  "bedrijfsrevisor": null,
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    "kbo": "0799.686.806",
    "name_full": "LS \u0026 M\u041A",
    "legal_form": "Besloten Vennootschap",
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  "publication_proxy": {
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    "person_name": null,
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  "co_filed_documents": [],
  "shareholders_after": [
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      "name": "Razmik Manukyan",
      "role": "aandeelhouder",
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    },
    {
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      "name": "Ashot Margaryan",
      "role": "Uittredende bestuurder LS \u0026 MK BV",
      "n_shares": null,
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    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Razmik Manukyan",
      "role": "Bestuurder LS \u0026 MK BV",
      "n_shares": null,
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  ],
  "share_classes_after": []
}
2024
08-03-2024 Transaction in capital or shares Capital & shares
Technical details 
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          "n_shares_subscribed": 1000,
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  "notary": {
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    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2024-03-08",
    "filing_date": "2024-02-28",
    "act_kind_objet": "Onderwerp akte: AANDELEN - ONTSLAG - BENOEMING - ZETEL - VOLMACHT"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "act_date": "2023-12-14",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-12-14"
  },
  "bedrijfsrevisor": null,
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    "kbo": "0799.686.806",
    "name_full": "LS\u0026MK",
    "legal_form": "BV",
    "is_foreign_registered": false
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  "publication_proxy": {
    "kind": "org",
    "org_kbo": "0640.758.640",
    "org_name": "CCA BOEKHOUDING BV",
    "person_name": null,
    "org_rep_person_name": "VYACHESLAV VAN LAER",
    "person_role_at_subject": null
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  "co_filed_documents": [],
  "shareholders_after": [
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    },
    {
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      "pct": 0.0,
      "kind": "person",
      "name": "STEPANYAN Lusine",
      "role": "aandeelhouder",
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      "role": "aandeelhouder",
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}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)45111Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)45112Handelsbemiddeling in de groothandel in andere specifieke goederen46180Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)46711Groothandel in auto's en lichte bestelwagens (= 3,5 ton)45111Detailhandel in onderdelen en accessoires van motorvoertuigen45320Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)46711Detailhandel in onderdelen en accessoires van motorvoertuigen47820
Primary activity highlighted.
Names & trade names
Legal nameNL LS & MK
Registered office
Korenstraat 8 bus 301
2170 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative