Financials
Financial year 2026
LM SALES from Ieper, company number BE0861952886, closed financial year 2026 with a result of € 350,297 after tax. For that financial year LM SALES recorded a gross margin of € 593,594 and equity of € 1.9 million. Compared with financial year 2025, the result moved from € 223,809 to € 350,297. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2026.
€ 1.9 million
▲ 14% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 350,297
▲ 57% vs 2025
Profit after tax over the fiscal year.
€ 522,410
▲ 50% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 121,300 paid out
35 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
0
Average over the fiscal year, from the social balance sheet.
€ 20,614
▼ 31% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 34,408
▲ 8% vs 2025
Loans from banks and other lenders, long and short.
€ 181,762
▲ 177% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 176,565
▲ 117% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 358,829 | € 271,446 | € 463,925 | € 593,594 | ▲ 28% |
| Profit after taxes | € 362,293 | € 124,659 | € 223,809 | € 350,297 | ▲ 57% |
| Equity | € 1,500,270 | € 1,555,929 | € 1,646,838 | € 1,875,834 | ▲ 14% |
| Total debts | € 287,223 | € 181,247 | € 366,517 | € 521,028 | ▲ 42% |
| Cash | € 350,934 | € 74,942 | € 348,549 | € 522,410 | ▲ 50% |
| Land & buildings | € 706,500 | € 677,095 | € 638,082 | € 600,273 | ▼ 6% |
| Retained profit | € 1,475,270 | € 1,530,929 | € 1,621,838 | € 1,850,834 | ▲ 14% |
| Dividend | € 67,500 | € 69,000 | € 132,900 | € 121,300 | ▼ 9% |
| Bank debt | € 88,094 | € 27,185 | € 31,733 | € 34,408 | ▲ 8% |
| Balance sheet total | € 1,787,492 | € 1,737,176 | € 2,013,355 | € 2,396,863 | ▲ 19% |
| Employees (FTE) | 1.5 | 0 | 0 | 0 |
By gross margin, LM SALES ranks 3rd of 17 companies with main activity “Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)” in Ieper that publish figures (fiscal year 2026).
Key figures of LM SALES, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
Ask about LM SALES the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to LM SALES?
What happened at LM SALES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 350,297 (▲ 57% vs 2025). Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
- Michael Laleman became a director. NBB
In short
From € 362,293 profit in 2023 to € 350,297 profit in 2026.
Paid € 493,043 in corporate taxes since 2023.
Best year ever: 2023, with € 362,293 profit.
On average € 239,200 of value added per employee in 2023.
Management
Behind LM SALES is Michael Laleman.
Directors
According to the 2026 annual accounts
Michael Laleman
Director
since 2003
Establishments
Establishment units
Physical locations of this company
Oostkaai 23A/23
8900 Ieper
Oostkaai 23 box A
8900 Ieper
Active since 1 December 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Ieper
Same main activity (Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)), 22 active companies in Ieper, largest first.
€ 46.1 million revenue · 2025
€ 27.4 million revenue · 2025
€ 5.3 million revenue · 2025
€ 2.9 million gross margin · 2025
€ 706,866 gross margin · 2026
€ 496,075 gross margin · 2025
Details
- Company number
- 0861.952.886
- VAT number
- BE 0861.952.886
- Registered office
- Oostkaai 23A/23, 8900 Ieper
- Names & denominations
- LM SALES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 2003
- Peppol
- Active · Active since 30 Jun 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Vervaardiging van onderdelen en accessoires voor motorvoertuigen en motoren daarvan
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling (inclusief spuiten en verven)
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Vervaardiging van andere delen en toebehoren voor motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
+2