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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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
LM ADVENTURE from Limbourg, company number BE1002869142, closed financial year 2025 with a result of € 59,791 after tax. For that financial year LM ADVENTURE recorded a gross margin of € -671 and equity of € 38,147. Compared with financial year 2024, the result moved from € -26,644 to € 59,791. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.
€ 38,147
▲ € 59,791 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 59,791
▲ still € 26,644 loss in 2024
Profit after tax over the fiscal year.
€ 28,734
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 33,147.
Debts at end 2025
€ 755,098
▼ 8% vs 2024
€ 68,554 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -1,859 | € -671 | ▲ € 1,188 |
| Profit after taxes | € -26,644 | € 59,791 | ▲ € 86,435 |
| Equity | € -21,644 | € 38,147 | ▲ € 59,791 |
| Total debts | € 821,406 | € 755,164 | ▼ 8% |
| Cash | € 36,184 | € 28,734 | ▼ 21% |
| Retained profit | € -26,644 | € 33,147 | ▲ € 59,791 |
| Bank debt | € 821,406 | € 755,098 | ▼ 8% |
| Balance sheet total | € 799,762 | € 793,311 | ▼ 1% |
Key figures of LM ADVENTURE, fiscal years 2024 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 ADVENTURE?
What happened at LM ADVENTURE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 59,791. filed late Source: NBB ↗
- New establishment in Limbourg. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,644 loss in 2024 to € 59,791 profit in 2025.
Best year ever: 2025, with € 59,791 profit.
Management
Behind LM ADVENTURE is Olivier ANDRIANARIVO. Olivier ANDRIANARIVO is also behind LES DRAISINES DE LA MOLIGNEE, E-logservice and ARO.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Avenue Reine Astrid 101/A
4831 Limbourg
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
- 1002.869.142
- VAT number
- BE 1002.869.142
- Registered office
- Avenue Reine Astrid 101/A, 4831 Limbourg
- Names & denominations
- LM ADVENTURE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 2023
- Peppol
- Not registered