ACTIVE

LM GAMES

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

-595,8 k €

-409.4% YoY

Gross margin

-103,2 k €

-131.6% YoY

Equity

1,8 M €

-25.1% YoY

What does LM GAMES do?

LM GAMES is a Private limited company incorporated in 1999. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Deinze.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.788.249

Incorporation

06/09/1999

Legal form

Private limited company

Registered office

Vosselarestraat 71C
9850 Deinze · FlandreSee on map

Contributed capital

478 966,40 €

Latest accounts

31/12/2024

Activities (NACE)

46431Wholesale of electrical household appliances· main 46431Wholesale of electrical household appliances 51430Air transport 47540Retail sale of electrical household appliances in specialised stores 47540Retail sale of electrical household appliances in specialised stores 52450Warehousing and support activities for transportation

Joint committees (2)

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-103,2 k €	-132%	326,3 k €	+443%	60,1 k €	-58.0%	143,1 k €	+3.4%	138,4 k €	-21.2%	175,5 k €	-52.4%	368,4 k €	+4.3%	353,1 k €	-35.2%	544,7 k €	+151%	216,9 k €	-4.0%	225,9 k €	-12.6%	258,4 k €	+4.0%	248,5 k €	-0.5%	249,7 k €	+5.5%	236,7 k €	+56.2%	151,5 k €	+7.1%	141,4 k €	-11.0%	158,8 k €
EBITDA	-124,9 k €	-140%	315,2 k €	+568%	47,2 k €	-63.6%	129,9 k €	+5.0%	123,7 k €	-20.8%	156,1 k €	-55.2%	348,5 k €	+36.4%	255,5 k €	-46.4%	476,6 k €	+167%	178,2 k €	+5.0%	169,7 k €	-8.1%	184,6 k €	+35.8%	135,9 k €	-16.7%	163,2 k €	+7.5%	151,8 k €	+155%	59,4 k €	-4.2%	62 k €	-35.1%	95,6 k €
Operating result	-522,1 k €	-281%	288,3 k €	+2877%	9,7 k €	-88.7%	85,8 k €	+15.1%	74,6 k €	-24.8%	99,2 k €	-65.8%	290 k €	+211%	93,3 k €	-72.3%	336,7 k €	+663%	44,1 k €	+48.1%	29,8 k €	-62.3%	78,9 k €	+671%	10,2 k €	-89.0%	93 k €	+281%	24,4 k €	+252%	-16,1 k €	+41.8%	-27,6 k €	-250%	18,4 k €
Net result	-595,8 k €	-409%	192,6 k €	+124%	-787,6 k €	-878%	101,2 k €	-19.5%	125,7 k €	-37.4%	200,7 k €	+11.6%	179,8 k €	+401%	35,9 k €	-83.0%	211,2 k €	+3259%	6,3 k €	-44.2%	11,3 k €	+852%	1,2 k €	-99.3%	167,8 k €	+193%	57,4 k €	+420%	-17,9 k €	-143%	41,4 k €	+1750%	-2,5 k €	-339%	1,1 k €
Balance sheet
Equity	1,8 M €	-25.1%	2,4 M €	+8.8%	2,2 M €	-26.6%	3 M €	+3.5%	2,9 M €	+4.6%	2,7 M €	+7.9%	2,5 M €	+7.6%	2,4 M €	+238%	697,6 k €	+43.4%	486,4 k €	+1.3%	480,1 k €	+35.2%	355 k €	+0.3%	353,8 k €	+90.2%	186 k €	+44.6%	128,6 k €	-12.2%	146,6 k €	+39.4%	105,2 k €	-2.3%	107,7 k €
Total assets	2,2 M €	-23.3%	2,8 M €	+1.4%	2,8 M €	-12.0%	3,2 M €	+2.3%	3,1 M €	+3.6%	3 M €	+8.2%	2,8 M €	-6.0%	3 M €	+1.6%	2,9 M €	-12.5%	3,3 M €	-1.2%	3,4 M €	+14.1%	3 M €	+13.8%	2,6 M €	+81.4%	1,4 M €	+0.2%	1,4 M €	+33.9%	1,1 M €	-25.8%	1,4 M €	-0.7%	1,4 M €
Cash	221,6 k €	-23.4%	289,1 k €	+355%	63,5 k €	-89.8%	624,2 k €	-23.6%	817,4 k €	-12.6%	935,7 k €	+20.9%	773,7 k €	+333%	178,9 k €	+20.4%	148,5 k €	-15.2%	175,1 k €	+52.3%	114,9 k €	-17.8%	139,7 k €	+22.5%	114,1 k €	+84.0%	62 k €	-1.1%	62,7 k €	-33.9%	94,8 k €	-3.2%	97,9 k €	+119%	44,8 k €
Debts	390,3 k €	-12.3%	444,8 k €	+5.7%	420,9 k €	+85.8%	226,5 k €	+0.6%	225,2 k €	-17.3%	272,3 k €	+11.6%	244,1 k €	-59.1%	596,3 k €	-72.0%	2,1 M €	-22.0%	2,7 M €	-2.7%	2,8 M €	+11.8%	2,5 M €	+17.0%	2,1 M €	+78.3%	1,2 M €	-7.5%	1,3 M €	+46.1%	888,6 k €	-33.3%	1,3 M €	-0.5%	1,3 M €
Other
Workforce	–		–		–		–		–		–		–		0,2 ETP	-85.7%	1,4 ETP	+180%	0,5 ETP	-64.3%	1,4 ETP	-22.2%	1,8 ETP	-14.3%	2,1 ETP	-4.5%	2,2 ETP	-18.5%	2,7 ETP	+8.0%	2,5 ETP	-10.7%	2,8 ETP	+21.7%	2,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Louis De Ketelaere

Director

Active

Ended mandates

Louis De Ketelaere

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Maps4industry● Bankrupt	0537.558.954
VERENIGING VAN MEDE-EIGENAARS VAN HET MG KMO PARK LANDEGEM 2, VOSSELARESTRAAT 71C TE 9850 DEINZE.● Active	0735.369.173

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/08/2025	14/08/2024	11/08/2023	30/06/2022	30/06/2021	08/07/2020
General meeting	21/06/2025	15/06/2024	17/06/2023	18/06/2022	19/06/2021	20/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	21/06/2025	12/08/2025	Dutch	PDF
Abridged model	31/12/2023	15/06/2024	14/08/2024	Dutch	PDF
Abridged model	31/12/2022	17/06/2023	11/08/2023	Dutch	PDF
Abridged model	31/12/2021	18/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	19/06/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	20/06/2020	08/07/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	09/07/2019	Dutch	PDF
Abridged modelCorrection	31/12/2017	16/06/2018	28/09/2018	Dutch	PDF
Abridged model	31/12/2017	16/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	17/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	05/08/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	03/07/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	18/07/2008	Dutch	PDF
Abridged model	31/12/2006	17/06/2007	19/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Louis De Ketelaere

Director

Active

Ended mandates

Louis De Ketelaere

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring05/01/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Restructuring10/11/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other05/04/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL
PDF
Mandates06/07/2020
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring17/07/2017
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring19/05/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office13/09/2016
MAATSCHAPPELIJKE ZETEL
PDF
Registered office13/11/2015
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 2024-595,8 k €↓
2023
Annual accounts 2023192,6 k €↑
2022
Annual accounts 2022-787,6 k €↓
2021
Annual accounts 2021101,2 k €↓
2020
Annual accounts 2020125,7 k €↓
2019
Annual accounts 2019200,7 k €↑
2018
Annual accounts 2018179,8 k €↑
2017
Annual accounts 201735,9 k €↓
2016
Annual accounts 2016211,2 k €↑
2015
Annual accounts 20156,3 k €↓
2014
Annual accounts 201411,3 k €↑
2012
Annual accounts 20121,2 k €↓
2011
Annual accounts 2011167,8 k €↑
2010
Annual accounts 201057,4 k €↑
2009
Annual accounts 2009-17,9 k €↓
2008
Annual accounts 200841,4 k €↑
2007
Annual accounts 2007-2,5 k €↓
2006
Annual accounts 20061,1 k €
06/09/1999
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

LM GAMES

Overview

What does LM GAMES do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline