ACTIVE

L M ASSOCIATES

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Financial year 2022 · closed on 30/09/2022

Net result

7,2 k €

-32.3% YoY

Gross margin

33,7 k €

-2.8% YoY

Equity

144,4 k €

+5.2% YoY

What does L M ASSOCIATES do?

L M ASSOCIATES is a Private company with limited liability incorporated in 2002. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.580.974

Incorporation

16/10/2002

Legal form

Private company with limited liability

Registered office

Avenue Louise 486 box 15
1050 Bruxelles · BruxellesSee on map

Contributed capital

18 550,00 €

Latest accounts

30/09/2022

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 70311Activities of head offices; management consultancy activities 62020Computer consultancy activities 62200Computer programming, consultancy and related activities 68310Real estate agencies+5

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	33,7 k €	-2.8%	34,7 k €	-28.0%	48,2 k €	+11.1%	43,3 k €	+2.1%	42,4 k €	+7.0%	39,6 k €	+37.6%	28,8 k €	-26.5%	39,2 k €	+79.9%	21,8 k €	+13.8%	19,2 k €	-49.5%	38 k €	+60.1%	23,7 k €	+35.1%	17,6 k €	+143%	7,2 k €	+46.7%	4,9 k €	-57.1%	11,5 k €
EBITDA	33,4 k €	-2.8%	34,3 k €	-28.2%	47,8 k €	+12.3%	42,6 k €	+0.5%	42,4 k €	+9.0%	38,9 k €	+40.4%	27,7 k €	-27.9%	38,4 k €	+84.2%	20,9 k €	+12.1%	18,6 k €	-50.3%	37,4 k €	+61.1%	23,2 k €	+35.0%	17,2 k €	+168%	6,4 k €	+45.0%	4,4 k €	-55.3%	9,9 k €
Operating result	33,4 k €	-2.8%	34,3 k €	-28.2%	47,8 k €	+12.3%	42,6 k €	+0.5%	42,4 k €	+9.0%	38,9 k €	+40.4%	27,7 k €	-27.9%	38,4 k €	+84.2%	20,9 k €	+15.3%	18,1 k €	-51.0%	36,9 k €	+62.6%	22,7 k €	+31.9%	17,2 k €	+197%	5,8 k €	+59.9%	3,6 k €	-32.6%	5,4 k €
Net result	7,2 k €	-32.3%	10,6 k €	+590%	1,5 k €	-78.3%	7,1 k €	-2.9%	7,3 k €	+197%	-7,5 k €	-138%	19,9 k €	+2.1%	19,5 k €	+33.9%	14,6 k €	+3.0%	14,1 k €	-48.8%	27,7 k €	+84.4%	15 k €	+13.4%	13,2 k €	+144%	5,4 k €	+89.4%	2,9 k €	-34.3%	4,4 k €
Balance sheet
Equity	144,4 k €	+5.2%	137,3 k €	+8.4%	126,6 k €	+1.2%	125,1 k €	+6.0%	118 k €	+6.6%	110,7 k €	-6.4%	118,2 k €	+20.3%	98,3 k €	+24.8%	78,8 k €	+22.7%	64,2 k €	+28.3%	50 k €	+124%	22,4 k €	+203%	7,4 k €	+166%	-11,2 k €	+32.5%	-16,6 k €	+14.7%	-19,5 k €
Total assets	208,2 k €	-7.7%	225,5 k €	+6.3%	212,2 k €	+12.2%	189,1 k €	+7.4%	176,2 k €	-2.5%	180,7 k €	-2.0%	184,4 k €	+13.5%	162,4 k €	-0.8%	163,8 k €	+3.1%	158,9 k €	+33.7%	118,8 k €	+62.6%	73,1 k €	+293%	18,6 k €	+1390%	1,2 k €	-90.7%	13,4 k €	-31.3%	19,5 k €
Cash	96,6 €	-98.3%	5,5 k €	+116%	2,6 k €	+406%	507,8 €	-65.6%	1,5 k €	+2064%	68,3 €	-97.9%	3,3 k €	+9363%	35,1 €	-99.4%	5,8 k €	+239%	1,7 k €	-42.1%	2,9 k €		–		1,1 k €	+416%	216,3 €	-96.5%	6,2 k €	+193%	2,1 k €
Debts	47,2 k €	-2.5%	48,4 k €	-4.3%	50,6 k €	+80.4%	28 k €	-21.7%	35,8 k €	-32.2%	52,8 k €	+3.6%	50,9 k €	+9.2%	46,7 k €	-27.3%	64,1 k €	-14.9%	75,4 k €	+32.7%	56,8 k €	+48.7%	38,2 k €	+246%	11 k €	-11.4%	12,5 k €	-58.5%	30,1 k €	-23.0%	39 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2022 · 1 active · 4 ended

Active mandates

René MILLIEX

Manager · since 30 mars 2020

Active

Ended mandates

François MILLIEX

Manager · since 25 janvier 2010 · until 30 mars 2020

Ended

François MILLIEX

Manager · since 25 janvier 2010

Ended

Liliane TACKELS

Manager · since 04 octobre 2002 · until 25 janvier 2010

Ended

Liliane TACKELS

Manager · since 04 octobre 2002

Ended

At this address

Other companies at this address

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A.C.P. AV LOUISE 486 1050 BRUXELLES● Active	0850.092.063
ALANDALE BELGIUM● Active	0723.517.456
ANTALIS● Active	0403.510.595
A. REAL ESTATE & MANAGEMENT",● Active	0769.822.385
ASTAS BELGIUM● Active	0666.599.539
Aviasales● Active	0400.088.475
AXAS CONSULTING● Active	0462.661.393
BALMO● Active	0676.628.151
BELGAFOND● Active	0475.658.306
BERLIST● Active	0458.601.944
Bert Verhoeven Advocaat● Active	0760.535.230
BEVEST● Active	0462.496.097
BONBEUR BVBA● Active	0817.962.002
BORN TO BUILD● Active	0875.435.193
BORN TO BUILD TEAM● Active	0809.862.205
B.R.A. Consulting● Active	0534.493.259
BRAMBLES EUROPE● Active	0446.161.990
CABINET PSYCHIATRIQUE BRUNO GRIBOMONT● Active	0476.389.566
C.G. DURAND● Bankrupt	0474.583.485
COMMISSION INTER-SYNDICALE DES DESHYDRATEURS EUROPEENS● Active	0472.221.041

Annual accounts

Full financial information

	2022	2021	2020	2019	2018	2017
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/10/2021	01/10/2020	01/10/2019	01/10/2018	01/10/2017	01/10/2016
Closing of the financial year	30/09/2022	30/09/2021	30/09/2020	30/09/2019	30/09/2018	30/09/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/12/2023	06/12/2023	18/02/2022	18/02/2022	13/07/2020	12/06/2018
General meeting	28/09/2023	28/03/2022	26/03/2021	26/03/2020	11/12/2018	19/02/2018
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

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2022	28/09/2023	06/12/2023	French	PDF
Micro model	30/09/2021	28/03/2022	06/12/2023	French	PDF
Abridged model	30/09/2020	26/03/2021	18/02/2022	French	PDF
Abridged model	30/09/2019	26/03/2020	18/02/2022	French	PDF
Abridged model	30/09/2018	11/12/2018	13/07/2020	French	PDF
Micro model	30/09/2017	19/02/2018	12/06/2018	French	PDF
Abridged model	30/09/2016	20/02/2017	27/07/2017	French	PDF
Abridged model	30/09/2015	18/04/2016	28/04/2016	French	PDF
Abridged model	30/09/2014	16/03/2015	30/07/2015	French	PDF
Abridged model	30/09/2013	17/03/2014	03/11/2014	French	PDF
Abridged model	30/09/2012	18/03/2013	21/03/2014	French	PDF
Abridged model	30/09/2011	14/12/2011	03/07/2013	French	PDF
Abridged model	30/09/2010	14/12/2010	14/03/2011	French	PDF
Abridged model	30/09/2009	14/01/2010	29/01/2010	French	PDF
Abridged model	30/09/2008	03/02/2009	05/02/2009	French	PDF
Abridged model	30/09/2007	04/03/2008	28/03/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 30/09/2022 · 1 active · 4 ended

Active mandates

René MILLIEX

Manager · since 30 mars 2020

Active

Ended mandates

François MILLIEX

Manager · since 25 janvier 2010 · until 30 mars 2020

Ended

François MILLIEX

Manager · since 25 janvier 2010

Ended

Liliane TACKELS

Manager · since 04 octobre 2002 · until 25 janvier 2010

Ended

Liliane TACKELS

Manager · since 04 octobre 2002

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office23/09/2020
SIEGE SOCIAL
PDF
Mandates04/05/2020
DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
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

2022
Annual accounts 20227,2 k €↓
2021
Annual accounts 202110,6 k €↑
2021
Name changeLM ASSOCIATES
2020
Annual accounts 20201,5 k €↓
2019
Annual accounts 20197,1 k €↓
2018
Annual accounts 20187,3 k €↑
2017
Annual accounts 2017-7,5 k €↓
2016
Annual accounts 201619,9 k €↑
2015
Annual accounts 201519,5 k €↑
2014
Annual accounts 201414,6 k €↑
2013
Annual accounts 201314,1 k €↓
2012
Annual accounts 201227,7 k €↑
2011
Annual accounts 201115 k €↑
2010
Annual accounts 201013,2 k €↑
2009
Annual accounts 20095,4 k €↑
2008
Annual accounts 20082,9 k €↓
2007
Annual accounts 20074,4 k €
2007
Name changeL M ASSOCIATES
16/10/2002
IncorporationPrivate company with limited liability

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

L M ASSOCIATES

Overview

What does L M ASSOCIATES do?

Trend over 16 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