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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LMGD IMMO from Houyet, company number BE0787861417, closed financial year 2025 with a result of € -4,271 after tax. For that financial year LMGD IMMO recorded a gross margin of € 9,603 and equity of € -12,576. Compared with financial year 2024, the result moved from € -8,923 to € -4,271. 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 June 24, 2026.
€ -12,576
▼ € 4,271 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,271
▲ 52 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,403
▲ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14,576.
Debts at end 2025
€ 101,984
▼ 4% vs 2024
€ 31,444 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1,030
▲ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -805 | € 422 | € 9,005 | € 9,603 | ▲ 7% |
| Profit after taxes | € -992 | € -390 | € -8,923 | € -4,271 | ▲ € 4,652 |
| Equity | € 1,008 | € 618 | € -8,305 | € -12,576 | ▼ € 4,271 |
| Total debts | € 1,481 | € 3,779 | € 109,166 | € 104,392 | ▼ 4% |
| Cash | € 288 | € 619 | € 3,042 | € 5,403 | ▲ 78% |
| Land & buildings | - | - | € 81,886 | € 73,664 | ▼ 10% |
| Retained profit | € -992 | € -1,382 | € -10,305 | € -14,576 | ▼ € 4,271 |
| Bank debt | € 0 | € 0 | € 105,982 | € 101,984 | ▼ 4% |
| Balance sheet total | € 2,489 | € 4,397 | € 100,861 | € 91,816 | ▼ 9% |
Key figures of LMGD IMMO, 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 LMGD IMMO?
What happened at LMGD IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,271. Source: NBB ↗
- Lulzane Mulaj became a director. NBB
- New establishment in Houyet. KBO
- Guillaume Delisé became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 992 loss in 2022 to € 4,271 loss in 2025.
Management
Behind LMGD IMMO are Guillaume Delisé and Lulzane Mulaj.
Directors
According to the 2025 annual accounts
Guillaume Delisé
Director
since 2022
Lulzane Mulaj
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue Saint-Barthélemy, Huls. 8/B
5560 Houyet
Rue Saint-Barthélemy, Huls. 8 box B
5560 Houyet
Active since 30 June 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0787.861.417
- VAT number
- BE 0787.861.417
- Registered office
- Rue Saint-Barthélemy, Huls. 8/B, 5560 Houyet
- Names & denominations
- LMGD IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2022
- Peppol
- Active · Active since 7 Oct 2025
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