What does LM Belgium do?

LM Belgium is a logistics company in Steenokkerzeel. Private Limited, started on 12 November 1974, 1 establishment.

What is the address of LM Belgium?

The registered office of LM Belgium is located at Vliegveld 63, 1820 Steenokkerzeel.

Is LM Belgium still active?

Yes. According to the CBE (31 October 2026) LM Belgium is active, legal situation “Normale toestand”, started on 12 November 1974.

Is LM Belgium registered on Peppol?

Yes, LM Belgium is registered on the Peppol network with ID 0208:0414699051.

What is the enterprise number of LM Belgium?

The enterprise number of LM Belgium is BE0414699051.

When was LM Belgium founded?

LM Belgium was founded on 12 November 1974.

Who are the directors of LM Belgium?

According to the 2025 annual accounts, the directors of LM Belgium are: Massimo Dispensa, Alberto Remondini, Vincenzo Conca, Ales Tiamsa.

Is LM Belgium a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 November 1974; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did LM Belgium make in 2025?

LM Belgium recorded a loss after taxes of € 663,056 in financial year 2025.

What is the revenue of LM Belgium?

As a small company, LM Belgium is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,608,729.

How much does an employee at LM Belgium earn?

The average wage cost per full-time employee at LM Belgium was € 96,600 in 2025: staff costs of € 2.9 million for 30.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does LM Belgium have?

According to the 2025 annual accounts, LM Belgium has 30.4 full-time equivalents (FTE).

LM Belgium (Private Limited) - Steenokkerzeel

Dossier LM Belgium, printed on 1 November 2026 from databakkes.be/en/0414699051/lm-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

LM Belgium from Steenokkerzeel, company number BE0414699051, closed financial year 2025 with a result of € -663,056 after tax. For that financial year LM Belgium recorded a gross margin of € 2.6 million and equity of € 424,900. Compared with financial year 2024, the result moved from € -432,529 to € -663,056. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2026.

What it is worth Growing

€ 424,900

▲ 26% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -663,056

▼ 53 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 722,316

▲ 12% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -5.4 million.

People and assets in 2025

Full-time equivalents

30.4

▲ 3.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.9 million

▲ 7% vs 2024

€ 96,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 3.4 million

▲ 21% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 75

▼ 77% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 4.3 million

▲ 21% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 289,373

▼ 26% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,294,179 Gross margin 2022: € 1,294,179 First fiscal year in the series	€ 1,907,862 Gross margin 2023: € 1,907,862 ▲ 47% vs 2022 (€ 1,294,179) Favourable step	€ 2,722,983 Gross margin 2024: € 2,722,983 ▲ 43% vs 2023 (€ 1,907,862) Favourable step	€ 2,608,729 Gross margin 2025: € 2,608,729 ▼ 4% vs 2024 (€ 2,722,983) Unfavourable step	▼ 4%
Profit after taxes	€ -1,045,036 Profit after taxes 2022: € -1,045,036 First fiscal year in the series	€ -953,031 Profit after taxes 2023: € -953,031 ▲ € 92,005 vs 2022 (€ -1,045,036) Favourable step	€ -432,529 Profit after taxes 2024: € -432,529 ▲ € 520,502 vs 2023 (€ -953,031) Favourable step	€ -663,056 Profit after taxes 2025: € -663,056 ▼ € 230,526 vs 2024 (€ -432,529) Unfavourable step	▼ € 230,526
Equity	€ 73,517 Equity 2022: € 73,517 First fiscal year in the series	€ 20,486 Equity 2023: € 20,486 ▼ 72% vs 2022 (€ 73,517) Unfavourable step	€ 337,956 Equity 2024: € 337,956 ▲ € 317,471 vs 2023 (€ 20,486) Favourable step	€ 424,900 Equity 2025: € 424,900 ▲ 26% vs 2024 (€ 337,956) Favourable step	▲ 26%
Total debts	€ 2,442,708 Total debts 2022: € 2,442,708 First fiscal year in the series	€ 1,859,132 Total debts 2023: € 1,859,132 ▼ 24% vs 2022 (€ 2,442,708) Favourable step	€ 4,085,582 Total debts 2024: € 4,085,582 ▲ 120% vs 2023 (€ 1,859,132) Unfavourable step	€ 4,600,556 Total debts 2025: € 4,600,556 ▲ 13% vs 2024 (€ 4,085,582) Unfavourable step	▲ 13%
Cash	€ 632,983 Cash 2022: € 632,983 First fiscal year in the series	€ 459,781 Cash 2023: € 459,781 ▼ 27% vs 2022 (€ 632,983) Unfavourable step	€ 644,898 Cash 2024: € 644,898 ▲ 40% vs 2023 (€ 459,781) Favourable step	€ 722,316 Cash 2025: € 722,316 ▲ 12% vs 2024 (€ 644,898) Favourable step	▲ 12%
Retained profit	€ -3,400,075 Retained profit 2022: € -3,400,075 First fiscal year in the series	€ -4,353,106 Retained profit 2023: € -4,353,106 ▼ € 953,031 vs 2022 (€ -3,400,075) Unfavourable step	€ -4,785,636 Retained profit 2024: € -4,785,636 ▼ € 432,529 vs 2023 (€ -4,353,106) Unfavourable step	€ -5,448,692 Retained profit 2025: € -5,448,692 ▼ € 663,056 vs 2024 (€ -4,785,636) Unfavourable step	▼ € 663,056
Bank debt	€ 228,562 Bank debt 2022: € 228,562 First fiscal year in the series	€ 52,014 Bank debt 2023: € 52,014 ▼ 77% vs 2022 (€ 228,562) Favourable step	€ 328 Bank debt 2024: € 328 ▼ 99% vs 2023 (€ 52,014) Favourable step	€ 75 Bank debt 2025: € 75 ▼ 77% vs 2024 (€ 328) Favourable step	▼ 77%
Balance sheet total	€ 2,516,225 Balance sheet total 2022: € 2,516,225 First fiscal year in the series	€ 1,879,618 Balance sheet total 2023: € 1,879,618 ▼ 25% vs 2022 (€ 2,516,225) Unchanged	€ 4,423,539 Balance sheet total 2024: € 4,423,539 ▲ 135% vs 2023 (€ 1,879,618) Unchanged	€ 5,025,457 Balance sheet total 2025: € 5,025,457 ▲ 14% vs 2024 (€ 4,423,539) Unchanged	▲ 14%
Employees (FTE)	19.5 Employees (FTE) 2022: 19.5 First fiscal year in the series	22.8 Employees (FTE) 2023: 22.8 ▲ 3.3 vs 2022 (19.5) Unchanged	27.1 Employees (FTE) 2024: 27.1 ▲ 4.3 vs 2023 (22.8) Unchanged	30.4 Employees (FTE) 2025: 30.4 ▲ 3.3 vs 2024 (27.1) Unchanged	▲ 3.3

Key figures of LM Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to LM Belgium?

What happened at LM Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 9, 2026 New annual accounts for financial year 2025: loss of € 663,056. filed late Source: NBB ↗
2024 Vincenzo Conca became a director. NBB
2023 Ales Tiamsa became a director. NBB
2020 Massimo Dispensa became a director. NBB
2020 Alberto Remondini became a director. NBB
Nov 12, 1974 Start of the company according to the CBE. KBO
Nov 1, 1974 New establishment in Zaventem. KBO

In short

From € 1 million loss in 2022 to € 663,056 loss in 2025.

Paid € 1,022 in corporate taxes since 2022.

On average € 85,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Massimo Dispensa Alberto Remondini Vincenzo Conca Ales Tiamsa

LM Belgium

Behind LM Belgium are Massimo Dispensa, Alberto Remondini, Vincenzo Conca and Ales Tiamsa.

Directors

According to the 2025 annual accounts

Massimo Dispensa

Director

since 2020

Alberto Remondini

Director

since 2020

Vincenzo Conca

Director

since 2024

Ales Tiamsa

Director

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Vliegveld 63

1820 Steenokkerzeel

2.010.686.175

Luchthaven Brussel Nationaal ZN

1930 Zaventem

Active since 1 November 1974

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0414.699.051

VAT number

BE 0414.699.051

Registered office

Vliegveld 63, 1820 Steenokkerzeel

Names & denominations

LM Belgium

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

12 November 1974

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Diensten in verband met de luchtvaart

Overige ondersteunende activiteiten i.v.m. de luchtvaart

View on CBE Public ↗ Annual accounts (NBB) ↗

LM Belgium

Warning lights

Financials

What happened to LM Belgium?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions