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 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
L & M ENGINEERING from Le Roeulx, company number BE0859737229, closed financial year 2025 with a result of € -62,490 after tax. For that financial year L & M ENGINEERING recorded revenue of € 504,931 and equity of € -149,724. Compared with financial year 2024, the result moved from € -52,225 to € -62,490. 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 31, 2026.
€ -149,724
▼ € 62,490 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -62,490
▼ 20 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,602
▲ 148% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -168,324.
People and assets in 2025
€ 428,919
▼ 13% 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.
€ 3,600
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 66,434
▲ 84% vs 2024
Loans from banks and other lenders, long and short.
€ 152,227
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 174,114
▲ 81% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 790,202 | € 847,829 | € 588,032 | € 504,931 | ▼ 14% |
| Gross margin | € 624,030 | € 693,721 | € 455,803 | € 378,716 | ▼ 17% |
| Profit after taxes | € 1,284 | € 9,513 | € -52,225 | € -62,490 | ▼ € 10,266 |
| Equity | € -44,522 | € -35,009 | € -87,234 | € -149,724 | ▼ € 62,490 |
| Total debts | € 287,159 | € 373,144 | € 345,663 | € 392,872 | ▲ 14% |
| Cash | € 2,494 | € 5,573 | € 2,667 | € 6,602 | ▲ 148% |
| Retained profit | € -63,122 | € -53,609 | € -105,834 | € -168,324 | ▼ € 62,490 |
| Bank debt | € 41,658 | € 46,929 | € 36,054 | € 66,434 | ▲ 84% |
| Balance sheet total | € 242,637 | € 338,134 | € 258,429 | € 243,148 | ▼ 6% |
| Employees (FTE) | 16 | - | - | - |
Key figures of L & M ENGINEERING, 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 ENGINEERING?
What happened at L & M ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 62,490. filed late Source: NBB ↗
- David DEGHILAGE became a director. NBB
- New establishment in Le Roeulx. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,284 profit in 2022 to € 62,490 loss in 2025.
Paid € 1,822 in corporate taxes since 2022.
Best year ever: 2023, with € 9,513 profit.
On average € 39,000 of value added per employee in 2022.
Management
Behind L & M ENGINEERING is David DEGHILAGE.
Directors
According to the 2025 annual accounts
David DEGHILAGE
Manager
since 2014
Establishments
Establishment units
Physical locations of this company
Chaussée de Mons(VSH) 273 box E
7070 Le Roeulx
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0859.737.229
- VAT number
- BE 0859.737.229
- Registered office
- Chaussée de Mons(VSH) 273 bus E, 7070 Le Roeulx
- Names & denominations
- L & M ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 July 2003
- Peppol
- Active · Active since 1 Jan 2026
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