Debts
€496,296 99% of the balance sheet
Suppliers 2%Taxes and wages 0%Other 98%
LSMD
Overview
Lifetime
3 annual accounts with figures on one time axispeak €28,778 (2025)
€28,778▲ 94.8%
lowest -€5,457 (2024)
€6,206▲ €11,663
peak €2,985 (2025)
€2,985▲ €6,206
€496,296▲ 9.8%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Gross margin from €14,776 to €28,778Back to profit: €6,206Appointment: (director) 30-07Equity from -€3,221 to €2,985Investments €46,611Cash from €4,206 to €14,442
Key points
from the 2025 annual accountsInvestments
€46,111 3.2 × depreciation
Green is investment, beige is depreciation.
Position in the sector
0.6%
Lower solvency than 90% of companies in specialised construction. Sector median 46.8% · 37,211 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,514 companies had the same profile as LSMD has now. Each dot stands for 4 companies, two years later.
95.7%
were still trading
1.6%
stopped another way
2.4%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,514 companies, not a prediction for LSMD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
- 15 sharesdeed of 27-07-2023
- 150 sharesdeed of 27-07-2023
- 150 sharesdeed of 27-07-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0804270847
Appointment: (director)
“Verhuur van onroerende goederen; Algemene elektrotechnische installatiewerken; Groothandel in sanitair: baden…” (deed in Dutch) · General meeting of 16-07-2025 · Gazette deed
Incorporation
Founding capital of €4,500, 315 shares · Founders: , and · Appointment: (director) · published on 27-07-2023 · Gazette deed
First establishment
Viskensdelle 22, Overijse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LSMD Overijse | €499,281 | €28,778 | 0.6% | - |
| RV Solutions Gavere | €486,252 | €26,950 | -3.4% | - |
| KEVIN KOCH SANITAIR & CV Ostend | €470,790 | €27,309 | 12.9% | - |
| TD Heating Antwerp | €440,979 | €26,684 | 16.2% | 1.6 |
| Plumbro Antwerp | €416,286 | €23,683 | 30.2% | - |
| SANI COMPLETE-Bis Beerse | €427,482 | €17,488 | 6.5% | - |
| BOUWWERKEN ADRI Rijkevorsel | €409,015 | €29,440 | 6.8% | - |
These companies have the same main activity as LSMD: plumbing work (NACE 43221). They are comparable in size and age: total assets between €409,000 and €486,000, founded between 2021 and 2024.
Official details
Source: KBO- Status
- Active since 25-07-2023Normal situation
- Activity
- Plumbing workNACE 43221and 1 other
- Establishment unit
- 2.347.694.3643090 Overijse, since 25-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 27-08-2025
Annual accounts 2025
- €28,778▲ 94.8%
- ≈ €150,000estimated
- €6,206
- €2,985
- €499,281▲ 11.2%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on LSMD
LSMD files the micro format. That format states no turnover. The gross margin rose from -€517 in 2023 to €28,778 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 17-07-2026, 14 days before the deadline€28,778
▲ 94.8%
€12,718
▲ 244%
€6,206
▲ €11,663
-€473,928
▼ €26,007
0.6%
▲ 1.3 percentage points
0.05
▲ 0.04
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €100,000 and €210,000.
Balance sheet
balance sheet total €499,281 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
0.6%
Higher than 10% of 37,211 companies in 2025.
0.05
Lower than 95% of 36,505 companies in 2025.
1.2%
Higher than 30% of 36,740 companies in 2025.
LSMD
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
499,281 | 448,906 | 2,301 | |
20 |
- | - | 1,344 | |
21/28 |
476,913 | 444,700 | - | |
22/27 |
476,413 | 444,700 | - | |
22 |
434,761 | 444,700 | - | |
23 |
589 | - | - | |
24 |
41,062 | - | - | |
28 |
500 | - | - | |
29/58 |
22,369 | 4,206 | 957 | |
40/41 |
6,350 | - | - | |
40 |
5,464 | - | - | |
41 |
886 | - | - | |
54/58 |
14,442 | 4,206 | 957 | |
490/1 |
1,576 | - | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
499,281 | 448,906 | 2,301 | |
10/15 |
2,985 | -3,221 | 2,237 | |
10/11 |
4,500 | 4,500 | 4,500 | |
14 |
-1,515 | -7,721 | -2,263 | |
17/49 |
496,296 | 452,127 | 64 | |
42/48 |
496,296 | 452,127 | 64 | |
43 |
- | 150,000 | - | |
430/8 |
- | 150,000 | - | |
44 |
10,814 | 130 | 64 | |
440/4 |
10,814 | 130 | 64 | |
45 |
327 | - | - | |
450/3 |
327 | - | - | |
47/48 |
485,155 | 301,997 | - | |
| Income statement | ||||
9900 |
28,778 | 14,776 | -517 | |
630 |
14,399 | 9,626 | 1,344 | |
640/8 |
1,662 | 1,449 | 384 | |
9901 |
12,718 | 3,701 | -2,245 | |
75/76B |
0 | - | - | |
75 |
0 | - | - | |
65/66B |
6,185 | 9,158 | 18 | |
65 |
6,185 | 9,158 | 18 | |
9903 |
6,533 | -5,457 | -2,263 | |
67/77 |
327 | - | - | |
9904 |
6,206 | -5,457 | -2,263 | |
9905 |
6,206 | -5,457 | -2,263 | |
| Appropriation of the result | ||||
9906 |
-1,515 | -7,721 | -2,263 | |
14P |
-7,721 | -2,263 | - | |
| Document | ||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 27,116 | 13,327 | -901 | ||
| 20,604 | 4,169 | -919 | ||
| 46,611 | 452,983 | - | ||
| 10,236 | 3,250 | - | ||
| -473,928 | -447,921 | 893 | ||
| 0.6% | -0.7% | - | ||
| 0.05 | 0.01 | - | ||
| 207.9% | - | - | ||
| 1.2% | -1.2% | - | ||
| 4.38 | 1.46 | -50.08 |
A ratio outside any meaningful range has been withheld (balance sheet total €499,281, equity €2,985).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €46,111 | €452,983 | - |
| Financial fixed assets | €500 | - | - |
| €14,399 | €9,626 | €1,344 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on LSMD
The operating result for 2025 is over 3.4 times that of 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total is 99.4%.
Board & ownership
Board
2 directors, no change since 2025Director (not named in the articles)
appointed by deed of 27-07-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 17-07-2026
Director
appointed by deed of 30-07-2025
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 17-07-2026
Mandates through the years
2 names, the dashed line is todayDirector (not named in the articles)
Director
Board
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 27-07-2023, still in office
-
- Director, appointed by deed of 30-07-2025, still in office
Control
Founders
, ,
and 1 other
This company
LSMD
Equity €2,985
Profit €6,206 in 2025
Capital
- Contribution
- €4,500
- Shares
- 315
- Contribution per share
- €14.29
- Equity per share
- €9.48 in 2025
- Source
- deed of 27-07-2023
Articles of association
deed of 27-07-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Thursday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 27-07-2023 ↗
- 15 shares (4.8%) · €214.35
- 150 shares (47.6%) · €2,143.50
- 150 shares (47.6%) · €2,143.50
- founder
Network & group
No group
LSMD has no parent and no holdings in its annual accounts.
At the same address
Viskensdelle 22, 3090 Overijse · 1 other company| Yes2day
registered office since 23-05-2013 |
founded in 2013 0534.671.027 |
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via · Director (not named in the articles) · deed of 19-08-2022
No longer active · total assets €67,214 (2025)
Timeline
Timeline
9 events since 2023Board
Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 14 days before the deadline
2025
Back to profit net €6,206 The net result is €6,206, after 2 loss-making years.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0804270847
Appointment: (director)“Verhuur van onroerende goederen; Algemene elektrotechnische installatiewerken; Groothandel in sanitair: baden…” (deed in Dutch) · General meeting of 16-07-20253 points ▸
- General meeting, 16-07-2025
- Director appointment,
- Power of attorney,
- The deed holds 3 more points.
Annual accounts 2024 filed PDFmicro format · 58 days before the deadline
2024
Weakest financial year net -€5,457 The net result drops to -€5,457, the lowest from 2023 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 40 days before the deadline
2023
IncorporationFounding capital of €4,500, 315 shares · Founders: , and · Appointment: (director) · published on 27-07-20237 points ▸
- Founding capital, €4,500, 315 shares
- Founder,
- Founder,
- Founder,
- Registered office clause, Viskensdelle 22, 3090 Overijse
- Board rule, 1
- Director appointment, (director (not named in the articles))
- The deed holds 5 more points.
First establishment Viskensdelle 22, Overijse
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0804.270.847
- VAT number
- BE 0804.270.847
- Peppol ID
- 0208:0804270847
- Other Peppol ID
- 9925:BE0804270847
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 25-07-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Thursday of June at 18:00deed of 27-07-2023 (in Dutch)
- Peppol
- Reachable since 27-08-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- LSMD in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-07-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 27-07-2023 (in Dutch)
Activities
NACEBEL 202543221
Plumbing work main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Verhuur van onroerende goederen; Algemene elektrotechnische installatiewerken; Groothandel in sanitair: baden, wasbakken, toiletten, enz…”deed of 30-07-2025 (in Dutch)
37 activities
- Verhuur van onroerende goederen;
- Algemene elektrotechnische installatiewerken;
- Groothandel in sanitair: baden, wasbakken, toiletten, enz;
- Schoorsteenvegen en het schoonmaken van vuurplaatsen, kachels, ovens, ketels van centrale verwarming, ventilatiekanalen en uitlaatsystemen;
- Groothandel in materiaal voor de installatie van sanitair en centrale verwarming: buizen, pijpen, fittings, kranen, verbindingsstukken, rubberslagen, enz;
- Aanbrengen in gebouwen en andere bouwwerken van: • Thermische isolatiemateriaal • Isolatiemateriaal tegen geluid en trillingen;
- Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren;
- Groothandel in apparaten voor centrale verwarming;
- Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit;
- Uitwerken van projecten op het gebied van klimaatbeheersing, koeltechniek, zuivering en voorkomen van pollutie, akoestiek, enz;
- Installatie van elektrische verwarmingsinstallaties;
- Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door andere energiebronnen dan elektriciteit;
- Isolatie van koelkamers en -pakhuizen;
- Aanleg van pijpleidingen voor het vervoer van gas, petroleumproducten, enz;
- Karweidiensten en herstellingswerken in de meest ruime zin;
- Handelsbemiddeling in sanitaire artikelen;
- Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen;
- Handel in eigen onroerend goed: flatgebouwen en woningen al dan niet voor bewoning bestemde gebouwen, grond;
- Verkoop van eigen handelszaken en van zelf verworven sleutelgeld (overname);
- Verhuur van al dan niet gemeubelde appartementen en huizen;
- Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen;
- Het optreden als beroepsoprichter van onroerend goed, bouwpromotor en het realiseren van bouwprojecten in de meest ruime zin;
- De promotie, de ontwikkeling, de organisatie , de commercialisering van en de begeleiding bij bouwprojecten;
- Het oprichten van onroerende goederen zowel in eigen beheer als voor verkoop;
- Het aan en verkoper, huren en verhuren, leasen van onroerende en roerende goederen voor eigen rekening als voor rekening van derden;
- Het verleden van erfpachten en recht van opstal.
- Het waarnemen van alle bestuursopdrachten, het uitoefenen van mandaten en functies in andere vennootschappen evenals optreden als vereffenaar van vennootschappen.
- Het uitvoeren van algemene managementopdrachten in de ruimste zin.
- Het leveren van consultancy, dienstverlening in het kader van management, marketing, bedrijfsorganisatie, human resources.
- De verwerving voor eigen rekening en het actief beheer van participaties, onder welke vorm het ook zij, in de oprichting, ontwikkeling, omvorming en controle van om het even welke ondernemingen, Belgische of buitenlandse, commerciële, industriële of andere vennootschappen;
- De verwerving voor eigen rekening van eender welke titels, rechten of roerende waarden door middel van participatie, inbreng, onderschrijving, intekening, plaatsing, waarborg, koop, aankoopoptie, verhandeling, of op iedere andere wijze;
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren.
- De vennootschap mag zich borgstellen en onroerende goederen in pand geven of hypothekeren voor verbintenissen door derde personen en ondernemingen aangegaan. Zij mag eveneens al haar goederen, met inbegrip van het handelsfonds, in pand geven en aval verlenen in het voordeel van derden; alsmede mag zij alle financiële operaties verrichten, behalve die wettelijke voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen;
- In de meest ruimte betekenis het voor eigen rekening deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening, waarborgplaatsing, verhandeling, of anderszins, alsmede het verwezenlijken voor eigen rekening van om het even welke verrichting inzake portefeuille-, kapitaal- of vermogensbeheer;
- Het financieren van aan- en verkooptransacties al dan niet op termijn, van alle roerende en onroerende goederen, het verstrekken van leningen en kredieten, alsmede alle commerciële en financiële verhandeling die rechtstreeks of onrechtstreeks bij dit voorwerp aansluiten.
- De vennootschap mag daarenboven borg, aval, voorschotten en kredieten, hypothecaire & andere waarborgen verleden.
- Alle verrichtingen van commerciële, industriële, onroerende, roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant zijn of de verwezenlijking ervan kunnen bevorderen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Viskensdelle 22 registered office 3090 Overijse | 25-07-2023 | 2.347.694.364 |
Buildings and parcels at the address
- Ground area
- 742 m²
- Buildings
- 139 m²
- Volume, LiDAR
- 875 m³
- Tallest building
- 9.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23546L0353/00G000 | 742 m² | 1 · 139 m² | 9.9 m · 2 |
Invoicing and payment
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. Use the enterprise number 0804.270.847