Debts
€1.4m 97% of the balance sheet
After one year 0%Within one year 100%
Of this, €1.4m falls due within a year.
LVMS
Lifetime
1 annual account with figurespeak -€5,529 (2024)
-€5,529
lowest -€52,704 (2024)
-€52,704
peak €47,296 (2024)
€47,296
€1.4m
Board2 names since 2023
2 directorsVAESEN Sophie Françoise Louise Ghislaine and 1 other
Owners
50%MAREC
Documentsfilings and deeds
04-12-2025126 days late
2024micro format
Loss of €52,704First year with figures
Key points
from the 2024 annual accountsStarting capital
€100,000 100 shares
Position in the sector
-€52,704
Lower net result than 91% of companies in real estate. Sector median €4,579 · 19,144 companies.
2024 accounts filed 126 days after the deadlineTurnover not published (micro format)
Checked score
35
Weak
Financially stronger than 15% of micro companies in real estate (NACE 68)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 1.4%● unchanged vs 12-2024
02-2025: 1.6%▲ +0.2 percentage points vs 01-2025
03-2025: 1.6%● unchanged vs 02-2025
04-2025: 1.6%● unchanged vs 03-2025
05-2025: 1.6%● unchanged vs 04-2025
06-2025: 1.7%▲ +0.1 percentage points vs 05-2025
07-2025: 1.8%▲ +0.1 percentage points vs 06-2025
08-2025: 1.8%● unchanged vs 07-2025
09-2025: 1.8%● unchanged vs 08-2025
10-2025: 1.8%● unchanged vs 09-2025
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.3%▼ -0.5 percentage points vs 12-2025lowest value
02-2026: 1.3%● unchanged vs 01-2026lowest value
03-2026: 1.4%▲ +0.1 percentage points vs 02-2026
04-2026: 1.4%● unchanged vs 03-2026
05-2026: 1.5%▲ +0.1 percentage points vs 04-2026
06-2026: 1.6%▲ +0.1 percentage points vs 05-2026
07-2026: 1.6%● unchanged vs 06-2026
08-2026: 2.4%▲ +0.8 percentage points vs 07-2026
09-2026: 3.0%▲ +0.6 percentage points vs 08-2026
10-2026: 4.8%▲ +1.8 percentage points vs 09-2026highest value
11-2026: 4.8%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Figures for financial year 2024 (filed on 05-12-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 126 days late; 1 of the last 3 accounts late
No registered site in the KBO
lowers risk
Size: total assets €1.5m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 24% of them on solvency, 4% on liquidity and 16% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 865 companies had the same profile as LVMS has now. Each dot stands for 3 companies, two years later.
96.6%
were still trading
1.7%
stopped another way
1.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LVMS itself is higher: 4.8% within 12 months. It rests on far more data about LVMS than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 865 companies, not a prediction for LVMS. 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 verdict
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.7, below 1. Short-term debt is 96.6% and cash 0.7% of total assets. 96.8% of the assets are financed with debt and provisions.
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
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 19156 sector peers (2024).
NBB · sector comparisonPosition among 19156 sector peers
Solvency
better than 24%
← weakest
strongest →
raises risk · 2024 accounts filed 126 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-12-2025, 126 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2024
126 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its 2024 accounts 126 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Recent changes
Incorporation
Founding capital of €100,000, 100 shares · Founders: MAREC and VAESEN Sophie Françoise Louise Ghislaine · Appointments: VAESEN Sophie Françoise Louise Ghislaine (director) and VAN LANGENACKER Olivier Pascal Christian (director) · published on 11-07-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LVMS Blegny | €1.5m | -€5,529 | 3.2% | - |
| THE WALDEN Leuven | €1.4m | -€34,338 | 56.3% | - |
| ETS Résidence Aubange | €1.6m | -€27,402 | -6.1% | - |
| BOUSHABA - OZGEN IMMO Liège | €0.9m | -€13,309 | -14.8% | - |
| Yucca Real Estate Zedelgem | €2.2m | -€6,227 | -7.4% | - |
| DUCHESS REAL ESTATE DEVELOPMENT Lasne | €1.0m | -€7,449 | -14.3% | - |
| ByLarCo Hasselt | €1.9m | -€4,418 | 46.1% | - |
These companies have the same main activity as LVMS: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €864,000 and €2.2m, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 07-07-2023Normal situation
- Activity
- Real estate agency activitiesNACE 68310and 3 others
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on LVMS
The computed 12-month bankruptcy probability of LVMS is 4.8% (elevated). The 2024 annual accounts show equity of €47,296 and a net result of -€52,704.
Its solvency ranks better than 24% of 19,156 sector peers (NACE 68, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LVMS
- What is the company number of LVMS?
- The company number of LVMS is 0803.744.671. The VAT number is the same number with BE in front: BE 0803.744.671.
- Where is LVMS based?
- The registered office is at Trou du Renard 3, 4671 Blegny.Company details
- What does LVMS do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of LVMS?
- LVMS is a private limited company (BV).
- When was LVMS founded?
- LVMS was founded on 07-07-2023.
- Is LVMS still active?
- Yes, LVMS is an active enterprise in the KBO register.
- What is the turnover of LVMS?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
- Is LVMS profitable?
- In financial year 2024, LVMS made a loss of €52,704.
- Where can I find the annual accounts of LVMS?
- LVMS filed 1 annual account with the National Bank of Belgium, for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark Estimate what this company is worth.Value indication
See how customers, suppliers and banks see your own company and what to improve first.