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 2 of the last 4 fiscal years.
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Shrinking team NBB
FTE fell two years in a row, from 13.7 to 11.8.
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Figures corrected NBB
Corrected annual account filed for 2021.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
LME from Herentals, company number BE0695700826, closed financial year 2024 with a result of € 24,731 after tax. For that financial year LME recorded a gross margin of € 778,020 and equity of € -43,669. Compared with financial year 2023, the result moved from € -142,445 to € 24,731. Profitable, and profit is growing. 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 July 31, 2025.
€ -43,669
▲ € 24,731 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,731
▲ still € 142,445 loss in 2023
Profit after tax over the fiscal year.
€ 89,501
▼ 36% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -49,869.
People and assets in 2024
11.8
▼ 0.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 709,647
▼ 6% vs 2023
€ 60,100 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.
Debts at end 2024
€ 170,316
▲ 44% vs 2023
€ 120,316 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 93,194
▼ 52% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 57,536
▼ 29% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,006,681 | € 823,408 | € 649,581 | € 778,020 | ▲ 20% |
| Profit after taxes | € 6,110 | € 7,072 | € -142,445 | € 24,731 | ▲ € 167,175 |
| Equity | € 66,973 | € 74,045 | € -68,399 | € -43,669 | ▲ € 24,731 |
| Total debts | € 423,022 | € 450,504 | € 536,636 | € 442,074 | ▼ 18% |
| Cash | € 162,729 | € 101,156 | € 139,600 | € 89,501 | ▼ 36% |
| Retained profit | € 60,773 | € 67,845 | € -74,599 | € -49,869 | ▲ € 24,731 |
| Bank debt | € 46,500 | € 116,311 | € 118,609 | € 170,316 | ▲ 44% |
| Balance sheet total | € 489,995 | € 524,549 | € 468,236 | € 398,405 | ▼ 15% |
| Employees (FTE) | 17.6 | 13.7 | 12.4 | 11.8 | ▼ 0.6 |
Key figures of LME, 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 LME?
What happened at LME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
LME is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 24,731. Source: NBB ↗
- New establishment in Herentals. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,110 profit in 2021 to € 24,731 profit in 2024.
Paid € 23,196 in corporate taxes since 2021.
Best year ever: 2024, with € 24,731 profit.
On average € 65,900 of value added per employee in 2024.
Management
Behind LME are Ward De Craecker and Herman Van Leugenhaege. Ward De Craecker is also behind INTERIDEE. Herman Van Leugenhaege is also behind BIS.
Establishments
Establishment units
Physical locations of this company
Atealaan(HRT) 8
2200 Herentals
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0695.700.826
- VAT number
- BE 0695.700.826
- Registered office
- Atealaan(HRT) 8, 2200 Herentals
- Names & denominations
- LME
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 26 April 2018
- Peppol
- Active · Active since 7 Aug 2026
- Activities · NACE
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