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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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
LM2 from Nandrin, company number BE0664676266, closed financial year 2024 with a result of € -7,885 after tax. For that financial year LM2 recorded a gross margin of € 91,674 and equity of € 10,245. Compared with financial year 2023, the result moved from € 2,136 to € -7,885. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2025.
€ 10,245
▼ 43% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,885
▼ still € 2,136 profit in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4,045.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 82,244
▲ 18% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,666
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 7,229
▲ € 5,439 vs 2023
Loans from banks and other lenders, long and short.
€ 28,769
▼ 23% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 18,035
▲ € 14,299 vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 173,286 | - | - | |
| Gross margin | € 124,111 | € 76,055 | € 77,772 | € 91,674 | ▲ 18% |
| Profit after taxes | € 2,945 | € 4,073 | € 2,136 | € -7,885 | ▼ € 10,021 |
| Equity | € 11,920 | € 15,993 | € 18,129 | € 10,245 | ▼ 43% |
| Total debts | € 80,365 | € 61,269 | € 182,616 | € 240,480 | ▲ 32% |
| Cash | € 8,190 | € 0 | - | - | |
| Retained profit | € 5,720 | € 9,793 | € 11,929 | € 4,045 | ▼ 66% |
| Bank debt | € 528 | € 4,753 | € 1,789 | € 7,229 | ▲ € 5,439 |
| Balance sheet total | € 92,285 | € 77,263 | € 200,745 | € 250,724 | ▲ 25% |
Key figures of LM2, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LM2?
What happened at LM2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 7,885 (▼ € 10,021 vs 2023). Source: NBB ↗
- Michaël LECRY became a director. NBB
- New establishment in Seraing. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,945 profit in 2021 to € 7,885 loss in 2024.
Paid € 7,069 in corporate taxes since 2021.
Best year ever: 2022, with € 4,073 profit.
Management
Behind LM2 is Michaël LECRY. Michaël LECRY is also behind LECRY MICHAEL.
Directors
According to the 2024 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Rue d'Oxhon 1
4550 Nandrin
Rue du Têris 58
4100 Seraing
Active since 2 November 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0664.676.266
- VAT number
- BE 0664.676.266
- Registered office
- Rue d'Oxhon 1, 4550 Nandrin
- Names & denominations
- LM2
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 2016
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
Metselwerk
Bouwrijp maken van terreinen
Uitvoeren van metsel- en voegwerken
Overige werkzaamheden in verband met de afwerking van gebouwen
Installatie van isolatie
Algemene bouw van residentiële gebouwen
Overige reiniging van gebouwen; industriële reiniging
Overige gespecialiseerde bouwactiviteiten, neg
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