Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
LS Modelling from Oudenaarde, company number BE0792900863, closed financial year 2024 with a result of € -25,503 after tax. For that financial year LS Modelling recorded revenue of € 73,611 and equity of € -8,616. Compared with financial year 2023, the result moved from € 13,887 to € -25,503. 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 December 31, 2025.
€ -8,616
▼ € 25,503 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,503
▼ still € 13,887 profit in 2023
Profit after tax over the fiscal year.
€ 5,697
▼ 37% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11,616.
People and assets in 2024
€ 19,640
▲ € 17,695 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2,304
▼ 74% vs 2023
Loans from banks and other lenders, long and short.
€ 4,205
▼ 80% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,542
▲ 4% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Revenue | - | € 73,611 | |
| Gross margin | € 25,741 | € -17,618 | ▼ € 43,359 |
| Profit after taxes | € 13,887 | € -25,503 | ▼ € 39,390 |
| Equity | € 16,887 | € -8,616 | ▼ € 25,503 |
| Total debts | € 43,568 | € 34,128 | ▼ 22% |
| Cash | € 9,024 | € 5,697 | ▼ 37% |
| Retained profit | € 13,887 | € -11,616 | ▼ € 25,503 |
| Bank debt | € 8,935 | € 2,304 | ▼ 74% |
| Balance sheet total | € 60,455 | € 25,512 | ▼ 58% |
Key figures of LS Modelling, fiscal years 2023 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 LS Modelling?
What happened at LS Modelling in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 25,503 (▼ € 39,390 vs 2023). filed late Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,887 profit in 2023 to € 25,503 loss in 2024.
Paid € 9,215 in corporate taxes since 2023.
Best year ever: 2023, with € 13,887 profit.
Establishments
Establishment units
Physical locations of this company
Esstraat 4
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0792.900.863
- VAT number
- BE 0792.900.863
- Registered office
- Esstraat 4, 9700 Oudenaarde
- Names & denominations
- LS Modelling · LSM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 October 2022
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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