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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
L&M from Puurs-Sint-Amands, company number BE0836270553, closed financial year 2025 with a result of € -30,426 after tax. For that financial year L&M recorded a gross margin of € 21,298 and equity of € -184,970. Compared with financial year 2024, the result moved from € 18,910 to € -30,426. 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 4, 2026.
€ -184,970
▼ € 30,426 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,426
▼ still € 18,910 profit in 2024
Profit after tax over the fiscal year.
€ 18,498
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -203,570.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 22,233
▲ € 20,301 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 331,032
▲ 74% vs 2024
€ 34,762 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 1,785
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 918
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 19,330 | € 60,745 | € 69,638 | € 21,298 | ▼ 69% |
| Profit after taxes | € -46,429 | € -282 | € 18,910 | € -30,426 | ▼ € 49,337 |
| Equity | € -173,171 | € -173,454 | € -154,544 | € -184,970 | ▼ € 30,426 |
| Total debts | € 463,458 | € 414,947 | € 367,501 | € 359,221 | ▼ 2% |
| Cash | € 10,654 | € 24,016 | € 28,465 | € 18,498 | ▼ 35% |
| Land & buildings | € 235,348 | € 194,921 | € 154,495 | € 116,601 | ▼ 25% |
| Retained profit | € -191,771 | € -192,054 | € -173,144 | € -203,570 | ▼ € 30,426 |
| Bank debt | € 255,582 | € 223,311 | € 189,905 | € 331,032 | ▲ 74% |
| Balance sheet total | € 290,287 | € 241,493 | € 212,958 | € 174,251 | ▼ 18% |
Key figures of L&M, 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 L&M?
What happened at L&M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 30,426 (▼ € 49,337 vs 2024). Source: NBB ↗
- Luc Ruysch became a director. NBB
- New establishment in Puurs-Sint-Amands. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,429 loss in 2022 to € 30,426 loss in 2025.
Paid € 1,616 in corporate taxes since 2022.
Best year ever: 2024, with € 18,910 profit.
Management
Behind L&M is Luc Ruysch.
Directors
According to the 2025 annual accounts
Luc Ruysch
Director
since 2022
Establishments
Establishment units
Physical locations of this company
St.-Katharinastraat 87
2870 Puurs-Sint-Amands
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0836.270.553
- VAT number
- BE 0836.270.553
- Registered office
- St.-Katharinastraat 87, 2870 Puurs-Sint-Amands
- Names & denominations
- L&M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 2011
- Peppol
- Active · Active since 11 Jun 2025
- Activities · NACE
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