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Groupe Lemaitre Publishing

Active Private limited companyfounded 1982active for 44 yearsBoly, Fal. 6, 5522 OnhayeKBO/BCE: BE 0423.151.612 subsidiary of INVEST MINGUET GESTION SA#1 oldest company in Onhaye

Lifetime

20 annual accounts with figures on one time axis, 43 filings since 1983
peak €418,919 (2024)
€406,938▼ 2.9%
lowest -€86,748 (2011)
€249,963▼ 21.0%
peak €469,819 (2025)
€469,819▲ 5.3%
€271,438▼ 44.2%
peak 2 FTE (2006)
1 FTE 
Board8 names since 2017
2 directorsROUTE 40 and 1 other
Owners4 names in the annual accounts
  
Documentsfilings and deeds
23-06-202638 days before the deadline
2025abbreviated format
General meeting of 20-06-2025 09-07Dividend €7,628Debts from €486,457 to €271,438Cash from €233,615 to €121,414

Key points

from the 2025 annual accounts

Equity

€469,819 ▲ 5.3%
446,3062024+249,963Profit-7,628Dividend-218,822Other469,8192025

Groupe Lemaitre Publishing paid out €7,628 in dividends. That is 3% of the 2025 profit.

Turnover

≈ €960,000 estimated

The accounts state no turnover.

Liquidity

1.93 was 1.45 in 2024

Short-term debts fell from €486,457 to €271,438.

Filings

43 annual accounts since 1983
AprilJune31 JulyOctober199520102025

Five of the last ten came late. The 2019 accounts came latest: 68 days after the end of the period.

Board

2 joined · 1 left

Board changed. Latest change 22-12-2025 · 2 in office.

Position in the sector

€249,963

Higher net result than 89% of companies in publishing. Sector median €14,563 · 324 companies.

Checked score

96
Excellent
Financially stronger than 65% of micro companies in publishing (NACE 58)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 1,283 companies (NACE 58, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025highest value 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

86+15equity 60.6% of total assets
54-1short-term debt 35.0% · cash 15.7%
100=return on assets 32.2%

Score breakdown

lowers risk
Size: 1 FTE, total assets €775,208
Founded in 1982
Liquidity: current ratio 1.93, cash €121,414
Equity €469,819 (60.6% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 58, micro). It does better than 62% of them on solvency, 48% on liquidity, 93% on profitability and 56% on growth.

The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as Groupe Lemaitre Publishing has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Groupe Lemaitre Publishing itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for Groupe Lemaitre Publishing. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €45,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.93 (1.45 in 2024), above the usual 1.5. Short-term debt is 35% and cash 15.7% of total assets. 39.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Size: 1 FTE, total assets €775,208
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1982
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.93, cash €121,414
NBB · annual accounts
lowers risk · Equity €469,819 (60.6% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €469,819
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
87 days early
2023
25 days early
2022
87 days early
2021
53 days late
2020
30 days late
2019
68 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

R
Managing director, Thibault LEONARD
NS
NET STUDIO SARL
Director, Marie-Noelle MEERT, since 22-12-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0423151612
Merger proposal: GROUPE LEMAITRE PUBLISHING takes over MARDAGA Gazette deed
2 directors appointed, 1 resignation Resignation: Thibault LEONARD · Appointments: ROUTE 40 SRL (managing director) and NET STUDIO SARL · General meeting of 22-12-2025 · Gazette deed
General meeting of 20-06-2025 Gazette deed
All 60 events

Comparable companies

same main activity, similar in size and age
Company
Groupe Lemaitre Publishing Onhaye €0.8m €406,938 60.6% 1
DIGITAL MUSIC PRINT Antwerp €1.0m €369,815 38.1% 0.4
ACTIGROUP Ganshoren €0.8m €153,952 -24.3% 1.8
DE KLAPPER Eeklo €0.9m €149,009 86.2% 2.5
IDEALOGY Schaerbeek €0.4m €177,056 39.8% 2.7
T-Traders Kapellen €1.8m €240,607 32.7% 2.2
GDA Asse €0.4m €81,303 87.9% 0.5

These companies have the same main activity as Groupe Lemaitre Publishing: other publishing activities, excluding software publishing (NACE 58190). They are comparable in size and age: total assets between €401,000 and €1.8m, founded between 1990 and 1996.

Official details

Source: KBO
Status
Active since 19-10-1982Normal situation
Activity
Other publishing activities, excluding software publishingNACE 58190and 1 other
Establishment units
2.021.243.6361435 Mont-Saint-Guibert, since 19-10-1982
2.350.118.6711040 Etterbeek, since 19-06-2023
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€775,208▼ 19.7%
Employeeson 31-12-2025
1=
Filing
Filed on 23-06-2026, 38 days before the end of the filing period
Financials

Insights on Groupe Lemaitre Publishing

Groupe Lemaitre Publishing files the abbreviated format. That format states no turnover. The gross margin rose from €54,180 in 2006 to €406,938 in 2025.

In May 2026, the Official Gazette published the appointment of ROUTE 40 as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Groupe Lemaitre Publishing

What is the company number of Groupe Lemaitre Publishing?
The company number of Groupe Lemaitre Publishing is 0423.151.612. The VAT number is the same number with BE in front: BE 0423.151.612.
Where is Groupe Lemaitre Publishing based?
The registered office is at Boly, Fal. 6, 5522 Onhaye.Company details
What does Groupe Lemaitre Publishing do?
According to the KBO register, the main activity is other publishing activities, excluding software publishing (NACE 58190).
What is the legal form of Groupe Lemaitre Publishing?
Groupe Lemaitre Publishing is a private limited company (BV).
When was Groupe Lemaitre Publishing founded?
Groupe Lemaitre Publishing was founded on 19-10-1982.
Is Groupe Lemaitre Publishing still active?
Yes, Groupe Lemaitre Publishing is an active enterprise in the KBO register.
How many employees does Groupe Lemaitre Publishing have?
Groupe Lemaitre Publishing had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Groupe Lemaitre Publishing?
The turnover in financial year 2025 is ≈ €960,000. This figure is estimated from the gross margin of €406,938 and 2,275 comparable companies of the same size. It probably lies between €580,000 and €1.6m. It is a rough estimate. In financial year 2019 turnover was €36,464.
Is Groupe Lemaitre Publishing profitable?
In financial year 2025, Groupe Lemaitre Publishing made a profit of €249,963.
Where can I find the annual accounts of Groupe Lemaitre Publishing?
Groupe Lemaitre Publishing filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Groupe Lemaitre Publishing due?
Groupe Lemaitre Publishing must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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