Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LM Connect from Bertrix, company number BE1005163389, closed financial year 2025 with a result of € 12,032 after tax. For that financial year LM Connect recorded a gross margin of € 145,204 and equity of € 39,060. Compared with financial year 2024, the result moved from € 25,028 to € 12,032. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 39,060
▲ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,032
▼ 52% vs 2024
Profit after tax over the fiscal year.
€ 1,415
▼ 86% 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 € 37,060.
People and assets in 2025
€ 104,886
▲ 39% 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.
€ 76,668
▲ 123% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45,684
€ 12,139 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2,434
▼ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,756
▲ 65% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 117,058 | € 145,204 | ▲ 24% |
| Profit after taxes | € 25,028 | € 12,032 | ▼ 52% |
| Equity | € 27,028 | € 39,060 | ▲ 45% |
| Total debts | € 64,062 | € 96,773 | ▲ 51% |
| Cash | € 9,779 | € 1,415 | ▼ 86% |
| Retained profit | € 25,028 | € 37,060 | ▲ 48% |
| Bank debt | € 0 | € 45,684 | |
| Balance sheet total | € 91,090 | € 135,833 | ▲ 49% |
Key figures of LM Connect, 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 Connect?
What happened at LM Connect in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,032 (▼ 52% vs 2024). filed late Source: NBB ↗
- New establishment in Bertrix. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,028 profit in 2024 to € 12,032 profit in 2025.
Paid € 12,195 in corporate taxes since 2024.
Best year ever: 2024, with € 25,028 profit.
Establishments
Establishment units
Physical locations of this company
Rue de la Bawette 76
6880 Bertrix
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1005.163.389
- VAT number
- BE 1005.163.389
- Registered office
- Rue de la Bawette 76, 6880 Bertrix
- Names & denominations
- LM Connect
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 2024
- Peppol
- Active · Active since 23 Dec 2025
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