Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
LM ENGINEERING from Kortrijk, company number BE0543969466, closed financial year 2025 with a result of € 370,110 after tax. For that financial year LM ENGINEERING recorded a gross margin of € 2.8 million and equity of € 435,670. Compared with financial year 2024, the result moved from € 297,060 to € 370,110. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 435,670
▲ € 370,110 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 370,110
▲ 25% vs 2024
Profit after tax over the fiscal year.
€ 182,451
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 410,670.
People and assets in 2025
29.8
▼ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2 million
▼ 2% vs 2024
€ 67,300 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.
€ 39,081
▼ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▲ 41% vs 2024
€ 192,562 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 137,699
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 394,733
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,276,321 | € 2,464,896 | € 2,725,150 | € 2,782,106 | ▲ 2% |
| Profit after taxes | € 12,537 | € 211,238 | € 297,060 | € 370,110 | ▲ 25% |
| Equity | € 86,741 | € 58,500 | € 65,560 | € 435,670 | ▲ € 370,110 |
| Total debts | € 903,093 | € 1,473,185 | € 1,711,492 | € 1,905,556 | ▲ 11% |
| Cash | € 100,296 | € 173,496 | € 203,823 | € 182,451 | ▼ 10% |
| Land & buildings | € 120,969 | € 112,622 | € 104,274 | € 95,927 | ▼ 8% |
| Retained profit | € 61,741 | € 33,500 | € 40,560 | € 410,670 | ▲ € 370,110 |
| Dividend | € 24,000 | € 239,479 | € 290,000 | € 0 | ▼ 100% |
| Bank debt | € 451,766 | € 741,170 | € 903,418 | € 1,270,914 | ▲ 41% |
| Balance sheet total | € 989,834 | € 1,531,685 | € 1,777,052 | € 2,341,226 | ▲ 32% |
| Employees (FTE) | - | 30.4 | 32.3 | 29.8 | ▼ 2.5 |
Key figures of LM ENGINEERING, 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 ENGINEERING?
What happened at LM ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 370,110 (▲ 25% vs 2024). Source: NBB ↗
- WENTER BV became a director. NBB
- JULOMAR BV became a director. NBB
- Luigi Meersman stepped down as director. NBB
- New establishment in Kortrijk. KBO
- Luigi Meersman became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 12,537 profit in 2022 to € 370,110 profit in 2025.
Paid € 426,327 in corporate taxes since 2022.
Best year ever: 2025, with € 370,110 profit.
On average € 93,400 of value added per employee in 2025.
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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 LM ENGINEERING are WENTER BV and JULOMAR BV. WENTER BV is also behind VEOS, ZEBEMA, PROTRANS ZWEVEZELE, Natural Plant based Solutions and TRENOVO INTERNATIONAL.
Directors
According to the 2025 annual accounts
Director · represented by Wim Slee
Also active at: VEOS, ZEBEMA, PROTRANS ZWEVEZELE, Natural Plant based Solutions, TRENOVO INTERNATIONAL, TRENOVO BELGIE, FOODIP, Kanaal Noord Bree-Immo
since 2026
Director · represented by Luigi Meersman
since 2026
Establishments
Establishment units
Physical locations of this company
Evolis(Kor) 11
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0543.969.466
- VAT number
- BE 0543.969.466
- Registered office
- Evolis(Kor) 11, 8500 Kortrijk
- Names & denominations
- LM ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2014
- Peppol
- Active · Active since 31 Oct 2023
- Contact
- lmengineering.be
- Activities · NACE
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