L.E.M. GROUP CONSTRUCT
ActiveThe annual accounts of L.E.M. GROUP CONSTRUCT for fiscal year 2025 show a net loss of 66% of total assets and of 54% of the equity at the start of that year. The 2025 annual accounts show equity of €16k and a net result of €-19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 68% of 2179 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-58
Solvency81▼-14
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.47 against 3.24 in 2024; short-term debt: 40% and cash: 5.5% of total assets), and 43.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.5%
Return on assets
-66%
Age of the figures
9 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
22 d early
2024
22 d early
2023
35 d late
2022
335 d late
2021
700 d late
2020
23 d late
2019
45 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€16k▼ 53.9%
2024 · €35k
2018: €4k
2019: €8k
2020: €-4k
2021: €10k
2022: €35k
2023: €34k
2024: €35k
2018 → 2025
Total assets
€29k▼ 43.0%
2024 · €50k
2018: €7k
2019: €33k
2020: €4k
2021: €27k
2022: €45k
2023: €67k
2024: €50k
2018 → 2025
Net result
€-19k
2024 · €731
2018: €6k
2019: €4k
2020: €-13k
2021: €15k
2022: €24k
2023: €-419
2024: €731
2018 → 2025
Working capital
€17k▼ 50.5%
2024 · €34k
2018: €4k
2019: €8k
2020: €-4k
2021: €9k
2022: €34k
2023: €32k
2024: €34k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€35k▲ 234%€34k▼ 1.2%€35k▲ 2.1%€16k▼ 53.9%
Operating result€22k-€30k▲ 36.9%€-282€2k€-18k
Net result€15k-€24k▲ 66.4%€-419€731€-19k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29k
Fixed assets
€344▼ 68.9%
Current assets
€28k▼ 42.4%
Equity and liabilities €29k
Equity
€16k▼ 53.9%
Debt
€13k▼ 17.8%
The debt ratio rises from 30.2% to 43.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-17k▼
2024 · €4k
Cash flow
€-18k▼
2024 · €2k
Solvency
56.5%▼
2024 · 69.8%
Current ratio
2.47▼
2024 · 3.24
Quick ratio
2.47▼
2024 · 3.24
Debt / equity
0.77▲
2024 · 0.43
ROE
-116.8%▼
2024 · 2.1%
ROA
-66.0%▼
2024 · 1.4%
Interest coverage
-20.83▼
2024 · 4.53
Debt
€13k▼
2024 · €15k
Debt ≤ 1 year
€12k▼
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€50k€29k▼
Fixed assets21/28€1k€344▼
Tangible fixed assets22/27€1k€183▼
Plant, machinery and equipment23€187-
Furniture and vehicles24€917€183▼
Financial fixed assets28-€160
Current assets29/58€49k€28k▼
Amounts receivable within one year40/41€49k€27k▼
Trade receivables40€33k€27k▼
Other amounts receivable41€16k-
Cash at bank and in hand54/58€645€2k▲
Equity and liabilities
Total equity and liabilities10/49€50k€29k▼
Equity10/15€35k€16k▼
Contributions10/11€7k€7k=
Outside capital11€7k€7k=
Other1109/19€7k€7k=
Profit (loss) carried forward14€29k€10k▼
Amounts payable17/49€15k€13k▼
Amounts payable within one year42/48€15k€12k▼
Current portion of amounts payable after more than one year42€11k-
Financial debts43-€112
Credit institutions430/8-€112
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€3k€7k▲
Taxes450/3€808€3k▲
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48-€2k
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€90-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€920▼
Other operating charges640/8€2k€9k▲
Gross operating margin9900€6k€-8k▼
Operating profit (loss)9901€2k€-18k▼
Financial income75/76B€1€34▲
Recurring financial income75€1€34▲
Financial charges65/66B€779€828▲
Recurring financial charges65€779€828▲
Profit (loss) for the period before taxes9903€2k€-19k▼
Income taxes67/77€808-
Profit (loss) for the period9904€731€-19k▼
Profit (loss) for the period to be appropriated9905€731€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€10k▼
Profit (loss) brought forward from the previous period14P€28k€29k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-19k ▼2695%
Net result drops to €-19k, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €731
Net result €731 after one loss-making year.
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 35 days late
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 335 days late
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 700 days late
2022
31-12
Financial
Highest result since 2018net €24k ▲66.4%
Operating result €30k, net result €24k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.40
Current ratio from 1.53 to 4.40; short-term debt falls from €17k to €10k.
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.53
Current ratio from 0.50 to 1.53.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Moutstraat 79300 AalstGround area
84 m²
Building footprint
48 m²
Volume, LiDAR
477 m³
Parcel 41002A0588/00C000, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002A0588/00C000 | Flanders | 84 m² | 1 · 48 m² | 12.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 10,951 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2017
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.