LSM Consulting
ActiveLSM Consulting has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €213k and a net result of €-6k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 90% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▼-19
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 10.48 against 31.4 in 2024; short-term debt: 8.5% and cash: 75.8% of total assets), and 8.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · 10 filingsDeviation from the deadline
2025
9 d early
2024
3 d early
2023
36 d late
2022
11 d late
2021
20 d early
2020
10 d late
2019
38 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€213k▼ 2.8%
2024 · €219k
2018: €135k
2019: €142k
2020: €132k
2021: €159k
2022: €199k
2023: €191k
2024: €219k
2018 → 2025
Total assets
€233k▲ 3.4%
2024 · €225k
2018: €147k
2019: €157k
2020: €140k
2021: €168k
2022: €245k
2023: €237k
2024: €225k
2018 → 2025
Net result
€-6k
2024 · €28k
2018: €27k
2019: €7k
2020: €-10k
2021: €27k
2022: €82k
2023: €56k
2024: €28k
2018 → 2025
Working capital
€188k▲ 1.9%
2024 · €184k
2018: €125k
2019: €138k
2020: €124k
2021: €153k
2022: €195k
2023: €147k
2024: €184k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€159k-€199k▲ 24.9%€191k▼ 4.0%€219k▲ 14.8%€213k▼ 2.8%
Operating result€35k-€118k▲ 235%€79k▼ 33.1%€40k▼ 49.4%€-5k
Net result€27k-€82k▲ 200%€56k▼ 31.6%€28k▼ 49.8%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €40k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €233k
Fixed assets
€25k▼ 27.5%
Current assets
€208k▲ 9.1%
Equity and liabilities €233k
Equity
€213k▼ 2.8%
Debt
€20k▲ 227%
The debt ratio rises from 2.7% to 8.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €50k
Cash flow
€4k▼
2024 · €38k
Solvency
91.5%▼
2024 · 97.3%
Current ratio
10.48▼
2024 · 31.40
Quick ratio
10.48▼
2024 · 31.40
Debt / equity
0.09▲
2024 · 0.03
ROE
-2.9%▼
2024 · 12.9%
ROA
-2.6%▼
2024 · 12.5%
Interest coverage
17.51▼
2024 · 170.30
Debt
€20k▲
2024 · €6k
Debt ≤ 1 year
€20k▲
2024 · €6k
Income taxes
€457▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€225k€233k▲
Fixed assets21/28€35k€25k▼
Tangible fixed assets22/27€35k€25k▼
Furniture and vehicles24€33k€24k▼
Other tangible fixed assets26€2k€1k▼
Current assets29/58€190k€208k▲
Amounts receivable within one year40/41€30k€28k▼
Trade receivables40€7k€21k▲
Other amounts receivable41€23k€7k▼
Cash at bank and in hand54/58€158k€177k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€225k€233k▲
Equity10/15€219k€213k▼
Contributions10/11€1k€1k=
Reserves13€218k€218k=
Distributable reserves133€218k€218k=
Profit (loss) carried forward14-€-6k
Amounts payable17/49€6k€20k▲
Amounts payable within one year42/48€6k€20k▲
Trade debts44€478€524▲
Suppliers440/4€478€524▲
Taxes, remuneration and social security45€4k€16k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9-€12k
Other amounts payable47/48€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€51k€6k▼
Operating profit (loss)9901€40k€-5k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€291€244▼
Recurring financial charges65€291€244▼
Profit (loss) for the period before taxes9903€39k€-6k▼
Income taxes67/77€11k€457▼
Profit (loss) for the period9904€28k€-6k▼
Profit (loss) for the period to be appropriated9905€28k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€-6k▼
Transfer to equity691/2€28k-
To other reserves6921€28k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 7current ratio 31.40
Current ratio from 4.20 to 31.40; short-term debt falls from €46k to €6k.
31-12
Financial
Equity above €200kEq €219k ▲14.8%
4 profitable years in a row build equity to €219k.
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Highest result since 2018net €82k ▲200%
Operating result €118k, net result €82k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
31-12
Financial
Equity above €150kEq €159k ▲20.8%
Equity rises from €132k to €159k.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Weakest financial yearnet €-10k ▼240%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Leuven · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Holsbeeksesteenweg 2233010 LeuvenGround area
886 m²
Building footprint
126 m²
Volume, LiDAR
954 m³
Parcel 24051A0358/00L004, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LSM Consulting
since 20152.243.365.718
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24051A0358/00L004 | Flanders | 886 m² | 1 · 126 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 82,570 companies in sector 70200 we hold annual accounts for 52,574. 39,573 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-2015
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.