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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
L.M.S. & PARTNERS from Kortenberg, company number BE0568677742, closed financial year 2025 with a result of € -612,020 after tax. For that financial year L.M.S. & PARTNERS recorded a gross margin of € -50,348 and equity of € -185,152. Compared with financial year 2024, the result moved from € -517,392 to € -612,020. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ -185,152
▼ € 303,057 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -612,020
▼ 18 % more loss than in 2024
Profit after tax over the fiscal year.
€ 41,130
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -512,715.
People and assets in 2025
€ 47,822
▲ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10.8 million
▲ 7% vs 2024
€ 147,277 is repaid this year. At this pace the long-term loan is gone in ≈ 73 years.
€ 95,476
▲ 299% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,012
▼ 89% vs 2024
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 | € -214,236 | € -146,741 | € -100,826 | € -50,348 | ▲ € 50,478 |
| Profit after taxes | € 1,185,783 | € -343,651 | € -517,392 | € -612,020 | ▼ € 94,629 |
| Equity | € 978,948 | € 635,297 | € 117,905 | € -185,152 | ▼ € 303,057 |
| Total debts | € 7,852,733 | € 9,007,144 | € 10,171,235 | € 10,919,748 | ▲ 7% |
| Cash | € 2,097,016 | € 17,497 | € 95,791 | € 41,130 | ▼ 57% |
| Land & buildings | € 1,935,907 | € 1,999,653 | € 1,915,034 | € 2,659,364 | ▲ 39% |
| Retained profit | € 960,348 | € 616,697 | € 99,305 | € -512,715 | ▼ € 612,020 |
| Bank debt | € 7,639,166 | € 8,878,588 | € 10,133,124 | € 10,823,260 | ▲ 7% |
| Balance sheet total | € 8,831,681 | € 9,642,440 | € 10,289,140 | € 10,734,596 | ▲ 4% |
Key figures of L.M.S. & PARTNERS, 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 L.M.S. & PARTNERS?
What happened at L.M.S. & PARTNERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 612,020. filed late Source: NBB ↗
- New establishment in Kortenberg. KBO
- Claire DE RYCKEL became a director. NBB
- Geert GROOSMAN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1.2 million profit in 2022 to € 612,020 loss in 2025.
Paid € 653 in corporate taxes since 2022.
Best year ever: 2022, with € 1.2 million profit.
Management
Behind L.M.S. & PARTNERS are Claire DE RYCKEL and Geert GROOSMAN. It owns 50% of Arqan, 25% of PILAR, 20% of DG Parts and 20% of Frubero itself.
Directors
According to the 2025 annual accounts
Claire DE RYCKEL
Bestuurder
since 2015
Geert GROOSMAN
Bestuurder
since 2015
Establishments
Establishment units
Physical locations of this company
Wolvestraat 15
3078 Kortenberg
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.
Details
- Company number
- 0568.677.742
- VAT number
- BE 0568.677.742
- Registered office
- Wolvestraat 15, 3078 Kortenberg
- Names & denominations
- L.M.S. & PARTNERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 2015
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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