LVMB
ActiveSummary
LVMB has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €171k and a net result of €169k. Equity is growing by ~48.1% per year across the filed fiscal years. Its solvency ranks better than 87% of 19913 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 64.85 against 18.04 in 2023; short-term debt: 1.4% and cash: 72.6% of total assets), and 7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
93%
Return on assets
91.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
20 d early
2022
3 d early
2021
19 d late
2020
11 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2024, micro schema
Equity
€171k▲ 55.4%
2023 · €110k
Total assets
€184k▲ 44.2%
2023 · €128k
Net result
€169k▲ 56.7%
2023 · €108k
Working capital
€165k▲ 85.7%
2023 · €89k
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
Line20202021202220232024
Operating result€42k-€26k▼ 38.5%€59k▲ 128%€137k▲ 133%€220k▲ 59.9%
Net result€33k-€19k▼ 41.5%€46k▲ 139%€108k▲ 134%€169k▲ 56.7%
Equity€35k-€53k▲ 49.8%€99k▲ 86.7%€110k▲ 11.4%€171k▲ 55.4%
Total assets€41k-€75k▲ 84.0%€118k▲ 56.9%€128k▲ 7.9%€184k▲ 44.2%
Debt€6k-€22k▲ 300%€19k▼ 13.5%€17k▼ 10.2%€13k▼ 26.5%
Working capital€33k-€40k▲ 20.8%€60k▲ 52.6%€89k▲ 46.6%€165k▲ 85.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 60% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €184k
Fixed assets
€17k ▼ 50.2%
Current assets
€167k ▲ 78.1%
Equity and liabilities €184k
Equity
€171k ▲ 55.4%
Debt
€13k ▼ 26.5%
Debt's share of the balance-sheet total falls from 13.7% to 7.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€237k▲
2023 · €156k
Cash flow
€186k▲
2023 · €126k
Current ratio
64.85▲
2023 · 18.04
Debt to equity
0.07▼
2023 · 0.16
ROE
98.5%▲
2023 · 97.7%
ROA
91.7%▲
2023 · 84.4%
Interest coverage
546.17▲
2023 · 544.09
Debt ≤ 1 year
€3k▼
2023 · €5k
Debt > 1 year
€10k▼
2023 · €12k
Income taxes
€52k▲
2023 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €563 | €7k | €9k | €19k | €17k | ▼ 10.3% |
| Other operating charges640/8 | - | €5k | €691 | €2k | €898 | ▼ 49.7% |
| Gross operating margin9900 | €43k | €38k | €69k | €158k | €238k | ▲ 50.3% |
| Operating profit (loss)9901 | €42k | €26k | €59k | €137k | €220k | ▲ 59.9% |
| Financial income75/76B | - | €320 | €740 | €2k | €1k | ▼ 43.0% |
| Recurring financial income75 | - | €320 | €740 | €2k | €1k | ▼ 43.0% |
| Financial charges65/66B | - | €304 | €328 | €287 | €433 | ▲ 50.9% |
| Recurring financial charges65 | €500 | €304 | €328 | €287 | €433 | ▲ 50.9% |
| Profit (loss) for the period before taxes9903 | €42k | €26k | €60k | €139k | €221k | ▲ 58.2% |
| Income taxes67/77 | €9k | €7k | €14k | €32k | €52k | ▲ 63.5% |
| Profit (loss) for the period9904 | €33k | €19k | €46k | €108k | €169k | ▲ 56.7% |
| Profit (loss) for the period to be appropriated9905 | €33k | €19k | €46k | €108k | €169k | ▲ 56.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €41k | €75k | €118k | €128k | €184k | ▲ 44.2% |
| Fixed assets21/28 | €3k | €29k | €53k | €34k | €17k | ▼ 50.2% |
| Tangible fixed assets22/27 | €3k | €29k | €53k | €34k | €17k | ▼ 50.2% |
| Furniture and vehicles24 | - | €9k | €37k | €23k | €11k | ▼ 53.5% |
| Other tangible fixed assets26 | - | €21k | €16k | €11k | €6k | ▼ 43.3% |
| Current assets29/58 | €38k | €46k | €66k | €94k | €167k | ▲ 78.1% |
| Amounts receivable within one year40/41 | €503 | €13k | €29k | €32k | €34k | ▲ 3.3% |
| Trade receivables40 | - | €853 | €6k | €5k | €2k | ▼ 52.9% |
| Other amounts receivable41 | - | €12k | €22k | €28k | €31k | ▲ 12.7% |
| Cash at bank and in hand54/58 | €38k | €33k | €37k | €61k | €134k | ▲ 118% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €41k | €75k | €118k | €128k | €184k | ▲ 44.2% |
| Equity10/15 | €35k | €53k | €99k | €110k | €171k | ▲ 55.4% |
| Contributions10/11 | - | €3k | €3k | €3k | €3k | = |
| Reserves13 | €33k | €50k | €96k | €108k | €169k | ▲ 56.7% |
| Distributable reserves133 | - | €50k | €96k | €108k | €169k | ▲ 56.7% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €6k | €22k | €19k | €17k | €13k | ▼ 26.5% |
| Amounts payable after more than one year17 | - | €16k | €14k | €12k | €10k | ▼ 16.3% |
| Financial debts170/4 | - | €16k | €14k | €12k | €10k | ▼ 16.3% |
| Amounts payable within one year42/48 | €6k | €6k | €5k | €5k | €3k | ▼ 50.5% |
| Current portion of amounts payable after more than one year42 | - | €2k | €2k | €2k | €2k | ▲ 0.9% |
| Trade debts44 | €34 | - | €3k | €1k | €444 | ▼ 68.8% |
| Suppliers440/4 | - | - | €3k | €1k | €444 | ▼ 68.8% |
| Taxes, remuneration and social security45 | - | €4k | - | €2k | €43 | ▼ 97.6% |
| Taxes450/3 | - | €4k | - | €2k | €43 | ▼ 97.6% |
| Other amounts payable47/48 | - | - | - | - | €101 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €19k | €46k | €108k | €169k | ▲ 56.7% |
| + Depreciation and write-downs630 | €563 | €7k | €9k | €19k | €17k | ▼ 10.3% |
| Operating cash flow (approximation) | €33k | €26k | €55k | €126k | €186k | ▲ 46.7% |
| Investment in fixed assets (approximation) | - | €-34k | €-32k | €0 | €0 | - |
| Change in cash | - | €-5k | €4k | €25k | €72k | ▲ 194% |
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
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €169k ▲56.7%
Operating result €220k, net result €169k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 64.85
Current ratio from 18.04 to 64.85; short-term debt falls from €5k to €3k.
31-12
Financial
Equity above €150kEq €171k ▲55.4%
5 profitable years in a row build equity to €171k.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €110k ▲11.4%
4 profitable years in a row build equity to €110k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Weakest financial yearnet €19k ▼41.5%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
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, Edegem · 1 establishment unit since 2020
Ground area
670 m²
Building footprint
156 m²
Volume, LiDAR
995 m³
Parcel 11013A0252/00H016, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LVMB
since 20202.304.118.697
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0252/00H016 | Flanders | 670 m² | 1 · 156 m² | 9.4 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 3,587 EUR awarded · 3,587 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 828 EUR | 828 EUR |
| 2022 | 1 | 2,759 EUR | 2,759 EUR |
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DR. H. VANDEN NEST, DERMATOLOOG
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Of 16,630 companies in sector 86220 we hold annual accounts for 7,981. 6,817 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
Founded16-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
74999Other professional, scientific and technical activities
85599Other education
85699Other educational support services
Scores and ratios are computed by Checked and are not a credit decision.