Financials
Financial year 2025
LMF from Herk-de-Stad, company number BE0427674681, closed financial year 2025 with a result of € 8,695 after tax. For that financial year LMF recorded a gross margin of € 603,476 and equity of € 726,314. Compared with financial year 2024, the result moved from € 57,505 to € 8,695. The company is profitable. 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 June 26, 2026.
€ 726,314
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,695
▼ 85% vs 2024
Profit after tax over the fiscal year.
€ 79,540
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
7.4
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 544,969
€ 73,600 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.
€ 20,066
▼ 50% vs 2024
Of which on lease € 3,587.
Debts at end 2025
€ 14,599
▼ 91% vs 2024
€ 12,283 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 246,011
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 128,732
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 742,784 | € 655,227 | € 723,617 | € 603,476 | ▼ 17% |
| Profit after taxes | € 126,385 | € 23,018 | € 57,505 | € 8,695 | ▼ 85% |
| Equity | € 987,440 | € 978,458 | € 975,962 | € 726,314 | ▼ 26% |
| Total debts | € 591,033 | € 485,308 | € 527,333 | € 521,006 | ▼ 1% |
| Cash | € 116,105 | € 71,764 | € 116,698 | € 79,540 | ▼ 32% |
| Land & buildings | € 312,328 | € 302,328 | € 292,943 | - | |
| Retained profit | € 511,046 | € 502,064 | € 684,462 | € 503,015 | ▼ 27% |
| Dividend | € 0 | € 32,000 | € 60,000 | € 30,000 | ▼ 50% |
| Bank debt | € 239,998 | € 210,618 | € 166,793 | € 14,599 | ▼ 91% |
| Balance sheet total | € 1,578,472 | € 1,498,766 | € 1,503,295 | € 1,247,320 | ▼ 17% |
| Employees (FTE) | 7.4 | 7.3 | 7.8 | 7.4 | ▼ 0.4 |
Key figures of LMF, 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 LMF?
What happened at LMF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,695 (▼ 85% vs 2024). Source: NBB ↗
- Sven Michiels became a director. NBB
- Ludo Michiels became a director. NBB
- Marc Forier became a director. NBB
- New establishment in Herk-de-Stad. KBO
- Start of the company according to the CBE. KBO
In short
From € 126,385 profit in 2022 to € 8,695 profit in 2025.
Paid € 104,043 in corporate taxes since 2022.
Best year ever: 2022, with € 126,385 profit.
On average € 81,600 of value added per employee in 2025.
A new publication or filing at LMF? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind LMF are Sven Michiels, Ludo Michiels and Marc Forier. Sven Michiels is also behind LMF IMMO. Marc Forier is also behind LMF IMMO.
Establishments
Establishment units
Physical locations of this company
Industrieweg 1132
3540 Herk-de-Stad
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
PREVIDER-AS, NL
Website info
Features
Security
Network
Details
- Company number
- 0427.674.681
- VAT number
- BE 0427.674.681
- Registered office
- Industrieweg 1132, 3540 Herk-de-Stad
- Names & denominations
- LMF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 August 1985
- Peppol
- Active · Active since 16 Jul 2024
- Contact
- lmf.be
- Activities · NACE
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