Bankrupt · Opening faillissement (CBE)

LMG TITRES SERVICES

BE0825901946

Rechtspersoon Private limited company

Zoning de Jumet,4ème rue 33, 6040 Charleroi

Behind the company: Michaël La Placa.

Start date

17 May 2010

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 3 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 49 % of short-term debt in 2023; threshold 65 %.

  • Busy address KBO

    108 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

LMG TITRES SERVICES from Charleroi, company number BE0825901946, closed financial year 2023 with a result of € -45,002 after tax. For that financial year LMG TITRES SERVICES recorded a gross margin of € 1.6 million and equity of € -157,277. Compared with financial year 2022, the result moved from € -98,207 to € -45,002. 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 August 30, 2024.

What it is worth Caution

€ -157,277

▼ € 45,002 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -45,002

▲ 54 % less loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 64,265

▼ 43% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -163,846.

People and assets in 2023

Wage cost

€ 1.6 million

▲ 36% vs 2022

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 2023

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 6,671

▼ 83% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 303,016

▲ 56% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 964,937 € 1,074,719 € 1,568,149 ▲ 46%
Profit after taxes € -1,519 € -98,207 € -45,002 ▲ € 53,205
Equity € -14,068 € -112,275 € -157,277 ▼ € 45,002
Total debts € 219,172 € 277,323 € 312,508 ▲ 13%
Cash € 61,650 € 113,580 € 64,265 ▼ 43%
Retained profit € -20,637 € -118,844 € -163,846 ▼ € 45,002
Bank debt € 0 € 32,439 € 0 ▼ 100%
Balance sheet total € 205,104 € 165,048 € 155,232 ▼ 6%

Key figures of LMG TITRES SERVICES, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to LMG TITRES SERVICES?

What happened at LMG TITRES SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

LMG TITRES SERVICES is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 45,002. filed late Source: NBB ↗
  • Michaël La Placa became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 1,519 loss in 2021 to € 45,002 loss in 2023.

Management

Michaël La Placa
LMG TITRES SERVICES

Behind LMG TITRES SERVICES is Michaël La Placa.

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Directors

According to the 2023 annual accounts

Michaël La Placa

Administrateur

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Zoning de Jumet,4ème rue 33

6040 Charleroi

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 108 companies are registered at this address.

All companies at this address →

+103 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0825.901.946
VAT number
BE 0825.901.946
Registered office
Zoning de Jumet,4ème rue 33, 6040 Charleroi
Names & denominations
LMG TITRES SERVICES
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
17 May 2010
Peppol
Not registered

Frequently asked questions

What is the address of LMG TITRES SERVICES?
The registered office of LMG TITRES SERVICES is located at Zoning de Jumet,4ème rue 33, 6040 Charleroi.
Is LMG TITRES SERVICES still active?
No. The CBE lists LMG TITRES SERVICES with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is LMG TITRES SERVICES registered on Peppol?
No, LMG TITRES SERVICES is currently not registered on the Peppol network.
What is the enterprise number of LMG TITRES SERVICES?
The enterprise number of LMG TITRES SERVICES is BE0825901946.
When was LMG TITRES SERVICES founded?
LMG TITRES SERVICES was founded on 17 May 2010.
Who owns LMG TITRES SERVICES?
Behind LMG TITRES SERVICES is Michaël La Placa.