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LSMCO

Active
Public limited companyfounded 197847 yrs activeHasse,Faymonville 3, 4950 Waimes, BelgiumKBO/BCE: BE 0418.898.557
Summary

LSMCO has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €406,786 and a net result of -€37,754. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 85% of 5338 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
#1 oldest company in Waimes, Real estate sector1 site
Size
€466,724total assets 2025
Equity
€406,786
Loss
-€37,754
Financial health
82 Excellent Checked score 2025
Bankruptcy chance 12 m
0.5%
Structure
Parent
ELESCO · 89.58%
Accounts on time0 of 8 deeds read
Why 82- Liquidity: current ratio 6.91, cash €1,014- 1 of the last 3 late- Loss of €37,754, the second in a row (FY 2025)+ Size: total assets €466,724Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Better than 49% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 100=
equity 87.2% of total assets
Liquidity 49+2
short-term debt 12.7% · cash 0.2%
Profitability 9+1
return on assets -8.1%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,417 companies)
Last 24 months 11-2024: 1.2% 12-2024: 1.2%● 0.0% vs 11-2024 01-2025: 1.2%● 0.0% vs 12-2024 02-2025: 1.2%● 0.0% vs 01-2025 03-2025: 1.2%● 0.0% vs 02-2025 04-2025: 1.2%● 0.0% vs 03-2025 05-2025: 1.2%● 0.0% vs 04-2025 06-2025: 1.2%● 0.0% vs 05-2025 07-2025: 1.2%▼ -2.2% vs 06-2025 08-2025: 1.2%▼ -5.2% vs 07-2025 09-2025: 1.2%● 0.0% vs 08-2025 10-2025: 1.3%▲ +10.7% vs 09-2025 11-2025: 1.5%▲ +19.0% vs 10-2025 12-2025: 1.6%▲ +3.7% vs 11-2025 01-2026: 2.0%▲ +28.7% vs 12-2025 02-2026: 2.1%▲ +2.9% vs 01-2026 03-2026: 2.5%▲ +22.0% vs 02-2026 04-2026: 4.0%▲ +55.7% vs 03-2026highest value 05-2026: 4.0%● 0.0% vs 04-2026highest value 06-2026: 0.5%▼ -87.1% vs 05-2026lowest value 07-2026: 0.5%● 0.0% vs 06-2026lowest value 08-2026: 0.5%● 0.0% vs 07-2026lowest value 09-2026: 0.5%● 0.0% vs 08-2026lowest value 10-2026: 0.5%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 6.91, cash €1,014 raises the probability
  • 1 of the last 3 late raises the probability
  • Loss of €37,754, the second in a row (FY 2025) raises the probability
  • Size: total assets €466,724 lowers the probability for this profile
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 6.91 against 5.97 in 2024; short-term debt: 12.7% and cash: 0.2% of total assets), and 12.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 91%, liquidity 45%, profitability 12%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 6.91, cash €1,014
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Loss of €37,754, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €466,724
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
192022232425
2019 to 2025 · latest year -€37,754
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
61 d late
2022
120 d late
2020
28 d late
2019
on the day
2018
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Weakest financial yearnet -€44,503

Key points

  • Positive: Oldest company in Waimes, Real estate sectorin the Checked rankings #1 View
  • Controlled by ELESCO 89.58% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€37,754 View
  • Active since 1978founded 01-12-1978 47 years View

By topic

Financials

Fiscal year
2025
Total assets
€466,724
Loss
-€37,754
Solvency
87.2%
Total assets▼ 13.0%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2015
  1. 30-04-2026Annual accounts filed
  2. 31-10-2024Annual accounts filed
  3. 31-03-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
01-12-1978
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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