L.E.M. GROUP CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of L.E.M. GROUP CONSTRUCT is 3.8% (moderate). The annual accounts of L.E.M. GROUP CONSTRUCT for financial 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 €16,239 and a net result of -€18,972. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 68% of 2,790 sector peers (NACE 41, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €16,239
- Loss
- -€18,972
Why 48raises riskSector: Construction of residential and non-residential buildings (NACE 41)No registered site in the KBOLoss of €18,972 (financial year 2025)1 of the last 3 lateShow the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 65% on solvency, 34% on liquidity, 5% on profitability and 10% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 156 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€18,972
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €18,178 after €2,317 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,591 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 87.4% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,591 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | €422 | €90 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €320 | €477 | €997 | €1,210 | €920 | ▼ 24.0% |
| Other operating charges640/8 | - | - | - | €291 | - | €627 | €2,056 | €9,245 | ▲ 350% |
| Gross operating margin9900 | €12,359 | €5,261 | -€11,994 | €22,273 | €30,133 | €1,764 | €5,674 | -€8,012 | - |
| Operating profit (loss)9901 | €5,754 | €5,261 | -€12,526 | €21,662 | €29,656 | -€282 | €2,317 | -€18,178 | - |
| Financial income75/76B | - | - | - | - | €666 | €241 | €1 | €34 | ▲ 55× |
| Recurring financial income75 | - | - | - | - | €666 | €241 | €1 | €34 | ▲ 55× |
| Financial charges65/66B | - | - | - | €529 | €2,510 | €378 | €779 | €828 | ▲ 6.4% |
| Recurring financial charges65 | €243 | €288 | €82 | €529 | €2,510 | €378 | €779 | €828 | ▲ 6.4% |
| Profit (loss) for the period before taxes9903 | €5,511 | €4,973 | -€12,608 | €21,133 | €27,813 | -€419 | €1,539 | -€18,972 | - |
| Income taxes67/77 | - | €980 | - | €6,433 | €3,360 | - | €808 | - | - |
| Profit (loss) for the period9904 | €5,511 | €3,993 | -€12,608 | €14,700 | €24,453 | -€419 | €731 | -€18,972 | - |
| Profit (loss) for the period to be appropriated9905 | €5,511 | €3,993 | -€12,608 | €14,700 | €24,453 | -€419 | €731 | -€18,972 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €7,391 | €32,746 | €4,182 | €27,194 | €44,843 | €67,332 | €50,429 | €28,747 | ▼ 43.0% |
| Fixed assets21/28 | - | - | - | €1,588 | €1,111 | €2,314 | €1,104 | €344 | ▼ 68.9% |
| Tangible fixed assets22/27 | - | - | - | €1,588 | €1,111 | €2,314 | €1,104 | €183 | ▼ 83.4% |
| Plant, machinery and equipment23 | - | - | - | - | - | €664 | €187 | - | - |
| Furniture and vehicles24 | - | - | - | €1,588 | €1,111 | €1,650 | €917 | €183 | ▼ 80.0% |
| Financial fixed assets28 | - | - | - | - | - | - | - | €160 | - |
| Current assets29/58 | €7,391 | €32,746 | €4,182 | €25,606 | €43,732 | €65,018 | €49,325 | €28,404 | ▼ 42.4% |
| Amounts receivable within one year40/41 | €7,238 | €23,478 | €3,470 | €20,049 | €43,724 | €53,536 | €48,680 | €26,827 | ▼ 44.9% |
| Trade receivables40 | - | - | - | €8,823 | €21,581 | €4,904 | €32,604 | €26,827 | ▼ 17.7% |
| Other amounts receivable41 | - | - | - | €11,226 | €22,142 | €48,632 | €16,076 | - | - |
| Cash at bank and in hand54/58 | €13 | €9,268 | €712 | €5,557 | €8 | €11,482 | €645 | €1,577 | ▲ 144% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €7,391 | €32,746 | €4,182 | €27,194 | €44,843 | €67,332 | €50,429 | €28,747 | ▼ 43.0% |
| Equity10/15 | €4,062 | €8,055 | -€4,253 | €10,446 | €34,899 | €34,480 | €35,211 | €16,239 | ▼ 53.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,500 | €6,500 | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Contributions outside capital11 | - | - | - | €6,500 | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Other1109/19 | - | - | - | €6,500 | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Profit (loss) carried forward14 | -€2,138 | €1,855 | -€10,753 | €3,946 | €28,399 | €27,980 | €28,711 | €9,739 | ▼ 66.1% |
| Amounts payable17/49 | €3,329 | €24,691 | €8,435 | €16,748 | €9,943 | €32,852 | €15,218 | €12,508 | ▼ 17.8% |
| Amounts payable within one year42/48 | €3,329 | €24,691 | €8,435 | €16,748 | €9,943 | €32,852 | €15,218 | €11,508 | ▼ 24.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | €11,052 | - | - |
| Financial debts43 | - | - | - | - | €580 | - | - | €112 | - |
| Credit institutions430/8 | - | - | - | - | €580 | - | - | €112 | - |
| Trade debts44 | €875 | €17,273 | €505 | €9,105 | - | €13,637 | €1,557 | €2,493 | ▲ 60.1% |
| Suppliers440/4 | - | - | - | €9,105 | - | €13,637 | €1,557 | €2,493 | ▲ 60.1% |
| Advances received on contracts in progress46 | - | - | - | - | - | €9,161 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €7,643 | €9,363 | €10,054 | €2,608 | €7,197 | ▲ 176% |
| Taxes450/3 | - | - | - | €7,643 | €9,363 | €9,663 | €808 | €3,077 | ▲ 281% |
| Remuneration and social security454/9 | - | - | - | - | - | €391 | €1,800 | €4,120 | ▲ 129% |
| Other amounts payable47/48 | - | - | - | - | - | - | - | €1,707 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €1,000 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,511 | €3,993 | -€12,608 | €14,700 | €24,453 | -€419 | €731 | -€18,972 | - |
| + Depreciation and write-downs630 | - | - | - | €320 | €477 | €997 | €1,210 | €920 | ▼ 24.0% |
| Operating cash flow (approximation) | €5,511 | €3,993 | -€12,608 | €15,020 | €24,930 | €578 | €1,941 | -€18,052 | - |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | -€2,200 | €0 | -€160 | - |
| Change in cash | - | €9,255 | -€8,556 | €4,845 | -€5,549 | €11,474 | -€10,837 | €931 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 09-07-2026 | 2026-00305678 |
| 31-12-2024 | micro format | 09-07-2025 | 2025-00256004 |
| 31-12-2023 | micro format | 04-09-2024 | 2024-00458347 |
| 31-12-2022 | micro format | 30-06-2024 | 2024-00190319 |
| 31-12-2021 | micro format | 30-06-2024 | 2024-00191177 |
| 31-12-2020 | micro format | 23-08-2021 | 2021-52300105 |
| 31-12-2019 | micro format | 14-09-2020 | 2020-52900208 |
| 31-12-2018 | micro format | 31-08-2019 | 2019-63200129 |
| 31-12-2017 | micro format | 28-08-2018 | 2018-52900546 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MORENO ARCOS Leonardo Eriberto |
|
Owners and capital
Capital and shareholders
- 23-06-2022 Converted to available equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
23-06
Gazette deed
Resignation: MORENO ARCOS Leonardo Eriberto (manager and director)Appointment: MORENO ARCOS Leonardo Eriberto (administrateur non statutaire) · Permanent representative: MORENO ARCOS Leonardo Eriberto · Capital conversion12 facts ▸
- General meeting, 27-04-2022
- Other provision, “société à responsabilité limitée” (deed in French)
- Capital conversion, “fonds disponibles pour distribution” (deed in French)
- Name change, L.E.M. GROUP CONSTRUCT
- Registered-office move, 9300 Aalst, Moutstraat 7
- Amendment of the articles
- Director resignation, MORENO ARCOS Leonardo Eriberto (manager and director)
- Director discharge, MORENO ARCOS Leonardo Eriberto (manager and director)
- Director appointment, MORENO ARCOS Leonardo Eriberto (administrateur non statutaire)
- Permanent representative, MORENO ARCOS Leonardo Eriberto
- Power of attorney, Pierre LEBON
- Other provision, “séparément, vote des résolutions” (deed in French)
23-06
Gazette deed
Amendment of the articlesCapital2 facts ▸
- General meeting, 27-04-2022
- Capital
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0676.564.409
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 41002A0588/00C000 | Flanders | 84 m² | 1 · 48 m² | 12.8 m · 3 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- L.E.M. GROUP CONSTRUСТ
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, voor zover dit geen wijziging veroorzaakt inzake het op de vennootschap toepasselijke taalregime” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, bestuursorgaan” (deed in French)“Mandaat ten kosteloze titel of bezoldigd, algemene kosten” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, ingeschreven in register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Aandelen van een aandeelhouder, zonder goedkeuring” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte van nieuwe aandelen-Recht van voorkeur, ten minste vijftien dagen te rekenen van dag van openstelling van…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of June at 19:30
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, beslissing algemene vergadering” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in French)