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 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LM Sportcars from Genk, company number BE0897553569, closed financial year 2025 with a result of € -114,168 after tax. For that financial year LM Sportcars recorded a gross margin of € -82,593 and equity of € -520,829. Compared with financial year 2024, the result moved from € -135,347 to € -114,168. 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 July 24, 2026.
€ -520,829
▼ € 114,168 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -114,168
▲ 16 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,520
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -539,429.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 10,108
▼ 53% 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.
€ 2,223
▼ 87% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 26,136
▼ 59% vs 2024
Loans from banks and other lenders, long and short.
€ 37,383
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,015
▲ 8% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -67,438 | € -57,938 | € -84,448 | € -82,593 | ▲ € 1,855 |
| Profit after taxes | € -125,704 | € -118,030 | € -135,347 | € -114,168 | ▲ € 21,179 |
| Equity | € -153,284 | € -271,315 | € -406,661 | € -520,829 | ▼ € 114,168 |
| Total debts | € 811,365 | € 1,042,160 | € 1,050,023 | € 727,730 | ▼ 31% |
| Cash | € 6,275 | € 5,236 | € 3,446 | € 3,520 | ▲ 2% |
| Retained profit | € -171,884 | € -289,915 | € -425,261 | € -539,429 | ▼ € 114,168 |
| Bank debt | € 138,108 | € 101,785 | € 64,470 | € 26,136 | ▼ 59% |
| Balance sheet total | € 658,081 | € 770,846 | € 643,361 | € 206,901 | ▼ 68% |
| Employees (FTE) | 0.7 | 0.7 | 0.7 | 0.2 | ▼ 0.5 |
Key figures of LM Sportcars, 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 LM Sportcars?
What happened at LM Sportcars in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 114,168. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Genk. KBO
In short
From € 125,704 loss in 2022 to € 114,168 loss in 2025.
Paid € 5,396 in corporate taxes since 2022.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind LM Sportcars is Francesco La Rosa. Francesco La Rosa is also behind GROUP LM, IMMO VUCHT and KLM INVEST.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Bosdel 78
3600 Genk
Zuiderring 21
3600 Genk
Active since 21 April 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →GP Mobility
€ 26,711 gross margin · 2025
GROUP LM same network
€ 31,678 gross margin · 2025
BTW-EENHEID LMB
MODERN CARS ACHTEN
€ 172,481 gross margin · 2025
KLM INVEST same network
€ -183,587 gross margin · 2025
+1 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
- 0897.553.569
- VAT number
- BE 0897.553.569
- Registered office
- Bosdel 78, 3600 Genk
- Names & denominations
- LM Sportcars
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2008
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Reparatie en onderhoud van andere civiele transportmiddelen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)