NORMAL SITUATION

L&M ASSOCIATES

Financial year 2025 · closed on 30/04/2025
Net result
39,6 k €
+11.0% YoY
Gross margin
38,3 k €
-14.3% YoY
Equity
534,1 k €
+8.0% YoY
Workforce
0,0 ETP

Company — Normal situation.

What does L&M ASSOCIATES do?

L&M ASSOCIATES is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0816.879.659
Legal form
Private limited company
Contributed capital
12 400,00 €
Latest accounts
30/04/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin38,3 k €44,7 k €34,2 k €157,2 k €20,5 k €18,7 k €82,7 k €94,2 k €118,9 k €105 k €20,3 k €57,3 k €-4,5 k €-6,6 k €7,8 k €
EBITDA38 k €43,4 k €33,9 k €156,8 k €20,2 k €18,3 k €81,9 k €93,3 k €117,9 k €104,6 k €19,7 k €56,3 k €-5 k €-7,7 k €5,7 k €
Operating result37,6 k €43 k €-29,8 k €93,5 k €-43,1 k €-45 k €18,6 k €30 k €54,6 k €41,3 k €-43,6 k €56,3 k €-5 k €-7,7 k €4,9 k €
Net result39,6 k €35,7 k €-29,9 k €92 k €-43,1 k €-44,8 k €13 k €20,6 k €43,2 k €-179,8 k €534,8 k €39,8 k €-4,4 k €-8,5 k €13,5 k €
Balance sheet
Equity534,1 k €494,5 k €458,8 k €488,7 k €396,7 k €439,8 k €484,7 k €471,7 k €451,1 k €407,9 k €587,7 k €52,9 k €13 k €17,4 k €25,9 k €
Total assets534,4 k €499,9 k €465 k €498,6 k €403,1 k €444,5 k €488,5 k €486,9 k €582,6 k €1,2 M €1,4 M €838,8 k €16 k €21,2 k €898,3 k €
Cash529,2 k €96,4 k €461,1 k €420,8 k €254,1 k €251,4 k €221,3 k €148,9 k €185,5 k €732,1 k €397,6 k €33,9 k €12,4 k €18,1 k €744,2 k €
Debts299,5 €5,3 k €6,1 k €9,9 k €6,4 k €4,6 k €3,8 k €15,3 k €131,5 k €784,5 k €769,4 k €785,9 k €3 k €3,8 k €872,4 k €
Other
Workforce0,0 ETP
Governance

Board of directors

Seen on filing of 30/04/2025 · 1 active · 2 ended

Active mandates

Lison Benoit

Director · since 07 septembre 2023

Active

Ended mandates

Benoit Lison

Manager · since 01 juillet 2009

Ended
Benoit Lison

Mandate

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/05/202401/05/202301/05/202201/05/202101/05/202001/05/2019
Closing of the financial year30/04/202530/04/202430/04/202330/04/202230/04/202130/04/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/09/202521/10/202403/10/202320/09/202226/10/202105/11/2020
General meeting01/09/202501/09/202401/09/202301/09/202201/09/202101/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/04/202501/09/202508/09/2025DutchPDF
Abridged model30/04/202401/09/202421/10/2024DutchPDF
Abridged model30/04/202301/09/202303/10/2023DutchPDF
Abridged model30/04/202201/09/202220/09/2022DutchPDF
Abridged model30/04/202101/09/202126/10/2021DutchPDF
Abridged model30/04/202001/09/202005/11/2020DutchPDF
Abridged model30/04/201901/09/201922/10/2019DutchPDF
Abridged model30/04/201801/09/201810/10/2018DutchPDF
Abridged model30/04/201701/09/201726/09/2017DutchPDF
Abridged model30/04/201601/09/201601/09/2016DutchPDF
Abridged model30/04/201501/09/201529/09/2015DutchPDF
Abridged model30/04/201401/09/201412/09/2014DutchPDF
Abridged model30/04/201301/09/201326/11/2013DutchPDF
Abridged model30/04/201201/09/201220/09/2012DutchPDF
Abridged model30/04/201101/09/201116/09/2011DutchPDF
Estimate

Indicative valuation

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 30/04/2025 · 1 active · 2 ended

Active mandates

Lison Benoit

Director · since 07 septembre 2023

Active

Ended mandates

Benoit Lison

Manager · since 01 juillet 2009

Ended
Benoit Lison

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring31/10/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/08/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates15/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/09/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office30/06/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other17/07/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202539,6 k €
  2. 2024
    Annual accounts 202435,7 k €
  3. 2023
    Annual accounts 2023-29,9 k €
  4. 2022
    Annual accounts 202292 k €
  5. 2021
    Annual accounts 2021-43,1 k €
  6. 2020
    Annual accounts 2020-44,8 k €
  7. 2019
    Annual accounts 201913 k €
  8. 2018
    Annual accounts 201820,6 k €
  9. 2017
    Annual accounts 201743,2 k €
  10. 2016
    Annual accounts 2016-179,8 k €
  11. 2015
    Annual accounts 2015534,8 k €
  12. 2014
    Annual accounts 201439,8 k €
  13. 2013
    Annual accounts 2013-4,4 k €
  14. 2012
    Annual accounts 2012-8,5 k €
  15. 2011
    Annual accounts 201113,5 k €