Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
LSMCO from Waimes, company number BE0418898557, closed financial year 2025 with a result of € -37,754 after tax. For that financial year LSMCO recorded a gross margin of € 349 and equity of € 406,786. Compared with financial year 2024, the result moved from € -44,503 to € -37,754. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 406,786
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,754
▲ 15 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,014
▲ 128% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 306,786.
People and assets in 2025
€ 23,551
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,833
▼ 58% vs 2024
€ 10,000 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 9,847
▲ € 9,335 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,876
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 67,196 | € 35,203 | € -24,570 | € 349 | ▲ € 24,919 |
| Profit after taxes | € 50,236 | € 23,637 | € -44,503 | € -37,754 | ▲ € 6,750 |
| Equity | € 465,407 | € 489,043 | € 444,540 | € 406,786 | ▼ 8% |
| Total debts | € 73,722 | € 209,598 | € 91,949 | € 59,938 | ▼ 35% |
| Cash | € 13,440 | € 2,588 | € 445 | € 1,014 | ▲ 128% |
| Retained profit | € 365,407 | € 389,043 | € 344,540 | € 306,786 | ▼ 11% |
| Bank debt | € 45,833 | € 35,833 | € 25,833 | € 10,833 | ▼ 58% |
| Balance sheet total | € 539,129 | € 698,641 | € 536,489 | € 466,724 | ▼ 13% |
Key figures of LSMCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to LSMCO?
What happened at LSMCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gilbert HERMANN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 37,754. Source: NBB ↗
- Stéphanie HERMANN stepped down as director. NBB
- Gilbert HERMANN became a director. NBB
- Stéphanie HERMANN became a director. NBB
- New establishment in Waimes. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,236 profit in 2022 to € 37,754 loss in 2025.
Paid € 7,798 in corporate taxes since 2022.
Best year ever: 2022, with € 50,236 profit.
Management
The stake of ELESCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LSMCOThe shares are held by ELESCO (89.6%).
Directors
According to the 2025 annual accounts
Stéphanie HERMANN
Director
since 2020 · until 2025
Gilbert HERMANN
Director
since 2025 · until 2031
Shareholders
89.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hasse,Faymonville 3 box 2
4950 Waimes
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0418.898.557
- VAT number
- BE 0418.898.557
- Registered office
- Hasse,Faymonville 3 bus 2, 4950 Waimes
- Names & denominations
- LSMCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1978
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen