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 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
L & M brokers from Beernem, company number BE0788760943, closed financial year 2025 with a result of € 79,357 after tax. For that financial year L & M brokers recorded a gross margin of € 350,723 and equity of € 145,744. Compared with financial year 2024, the result moved from € 41,097 to € 79,357. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 145,744
▲ 120% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 79,357
▲ 93% vs 2024
Profit after tax over the fiscal year.
€ 110,402
▲ € 84,163 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 € 115,744.
People and assets in 2025
€ 68,362
▲ 192% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,158
▲ 81% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 845,409
▼ 12% vs 2024
€ 122,842 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 15,218
▲ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 55,504 | € 219,109 | € 350,723 | ▲ 60% |
| Profit after taxes | € -4,710 | € 41,097 | € 79,357 | ▲ 93% |
| Equity | € 25,290 | € 66,387 | € 145,744 | ▲ 120% |
| Total debts | € 366,076 | € 1,085,989 | € 952,908 | ▼ 12% |
| Cash | € 11,798 | € 26,238 | € 110,402 | ▲ € 84,163 |
| Retained profit | € -4,710 | € 36,387 | € 115,744 | ▲ 218% |
| Bank debt | € 251,824 | € 962,411 | € 845,409 | ▼ 12% |
| Balance sheet total | € 391,366 | € 1,152,376 | € 1,098,652 | ▼ 5% |
Key figures of L & M brokers, fiscal years 2023 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 brokers?
What happened at L & M brokers in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 79,357 (▲ 93% vs 2024). Source: NBB ↗
- Burkel Finance CommV became a director. NBB
- New establishment in Beernem. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,710 loss in 2023 to € 79,357 profit in 2025.
Paid € 38,249 in corporate taxes since 2023.
Best year ever: 2025, with € 79,357 profit.
Management
Behind L & M brokers is Burkel Finance CommV.
Directors
According to the 2025 annual accounts
Director · represented by Jovi De Loof
since 2025
Establishments
Establishment units
Physical locations of this company
Tinhoutstraat 128
8730 Beernem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0788.760.943
- VAT number
- BE 0788.760.943
- Registered office
- Tinhoutstraat 128, 8730 Beernem
- Names & denominations
- L & M brokers
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2022
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars