LECMAT
ActiveLECMAT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €687k and a net result of €24k. Equity is growing by ~32.4% per year across the filed fiscal years. Its solvency ranks better than 40% of 10252 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▲+3
Solvency54▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.29 in 2024; short-term debt: 42.3% and cash: 3.4% of total assets), and 71.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.6%
Return on assets
1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
13 d late
2024
31 d early
2023
31 d late
2022
10 d late
2021
37 d early
2020
158 d early
2019
122 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24k▼ 43.6%
2024 · €43k
2018: €1k
2019: €28k
2020: €91k
2021: €12k
2022: €39k
2023: €55k
2024: €43k
2018 → 2025
Working capital
€108k▼ 40.5%
2024 · €182k
2018: €-100k
2019: €-29k
2020: €36k
2021: €105k
2022: €88k
2023: €94k
2024: €182k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€225k-€265k▲ 17.4%€319k▲ 20.7%€662k▲ 107%€687k▲ 3.7%
Operating result€46k-€84k▲ 83.8%€-21k€90k€63k▼ 30.1%
Net result€12k-€39k▲ 217%€55k▲ 39.9%€43k▼ 21.5%€24k▼ 43.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.40M
Fixed assets
€1.28M▲ 0.1%
Current assets
€1.12M▲ 37.6%
Equity and liabilities €2.40M
Equity
€687k▲ 3.7%
Debt
€1.71M▲ 19.9%
The debt ratio rises from 68.3% to 71.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€162k▼
2024 · €178k
Cash flow
€124k▼
2024 · €131k
Solvency
28.6%▼
2024 · 31.7%
Current ratio
1.11▼
2024 · 1.29
Quick ratio
0.34▼
2024 · 0.41
Debt / equity
2.49▲
2024 · 2.16
ROE
3.5%▼
2024 · 6.5%
ROA
1.0%▼
2024 · 2.1%
Interest coverage
4.15▲
2024 · 3.69
Debt
€1.71M▲
2024 · €1.43M
Debt ≤ 1 year
€1.01M▲
2024 · €634k
Debt > 1 year
€698k▼
2024 · €793k
Income taxes
€460▲
2024 · €458
Staff costs
€279k▲
2024 · €179k
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€2.09M€2.40M▲
Fixed assets21/28€1.28M€1.28M▲
Intangible fixed assets21€12k€9k▼
Tangible fixed assets22/27€1.26M€1.26M▲
Land and buildings22€681k€657k▼
Plant, machinery and equipment23€524k€499k▼
Furniture and vehicles24€54k€109k▲
Financial fixed assets28€4k€4k▲
Current assets29/58€815k€1.12M▲
Stocks and contracts in progress3€555k€780k▲
Stocks30/36€555k€780k▲
Amounts receivable within one year40/41€191k€257k▲
Trade receivables40€191k€245k▲
Other amounts receivable41-€12k
Cash at bank and in hand54/58€53k€81k▲
Deferred charges and accrued income490/1€16k€4k▼
Equity and liabilities
Total equity and liabilities10/49€2.09M€2.40M▲
Equity10/15€662k€687k▲
Contributions10/11€590k€590k=
Reserves13€21k€21k=
Tax-exempt reserves132€21k€21k=
Profit (loss) carried forward14€52k€76k▲
Amounts payable17/49€1.43M€1.71M▲
Amounts payable after more than one year17€793k€698k▼
Financial debts170/4€793k€698k▼
Amounts payable within one year42/48€634k€1.01M▲
Current portion of amounts payable after more than one year42€99k€96k▼
Financial debts43€49k€207k▲
Credit institutions430/8€49k€207k▲
Trade debts44€257k€388k▲
Suppliers440/4€257k€388k▲
Taxes, remuneration and social security45€48k€250k▲
Taxes450/3€27k€44k▲
Remuneration and social security454/9€21k€207k▲
Other amounts payable47/48€181k€73k▼
Accrued charges and deferred income492/3€2k€189▼
Income statement
Code20242025
Remuneration, social security and pensions62€179k€279k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88k€99k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-3k
Other operating charges640/8€10k€14k▲
Non-recurring operating charges66A€16k€12k▼
Gross operating margin9900€384k€465k▲
Operating profit (loss)9901€90k€63k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€48k€39k▼
Recurring financial charges65€48k€39k▼
Profit (loss) for the period before taxes9903€43k€25k▼
Income taxes67/77€458€460▲
Profit (loss) for the period9904€43k€24k▼
Profit (loss) for the period to be appropriated9905€43k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€76k▲
Profit (loss) brought forward from the previous period14P€9k€52k▲
Social balance
Average headcount (FTE)90874.46.8▲
The notes to these accounts (21 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €500kEq €662k ▲107%
7 profitable years in a row build equity to €662k.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 10 days late
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €91k ▲219%
Operating result €125k, net result €91k, both a record.
31-12
Financial
Equity above €200kEq €213k ▲74.4%
3 profitable years in a row build equity to €213k.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €100kEq €122k ▲30.4%
2 profitable years in a row build equity to €122k.
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
16-05-2023
Resigned as Manager
Location & real-estate footprint
Registered office, Saint-Georges-sur-Meuse · 1 establishment unit since 2004
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.
Chaussée Verte 904470 Saint-Georges-sur-MeuseGround area
2,404 m²
Building footprint
978 m²
Volume, LiDAR
7,324 m³
Parcel 64065C0201/00V000, Wallonia · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LECMAT SPRL
since 20042.144.935.165
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64065C0201/00V000 | Wallonia | 2,404 m² | 1 · 978 m² | 9.4 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.
Similar companies · same sector, comparable size
ETABLISSEMENTS JEAN-MARIE LANGE ET FILS
BE 0420.901.707
Thuin · Eq €686k
RENIERS
BE 0425.275.021
Zoutleeuw · Eq €685k
BOUWMATERIALEN MEUFFELS
BE 0435.876.626
Diepenbeek · Eq €689k
CONSTRUCT SERVICES
BE 0453.117.484
Mouscron · Eq €683k
Tuinmachines Decré
BE 0466.819.923
Leuven · Eq €691k
Of 1,721 companies in sector 47521 we hold annual accounts for 1,289. 989 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2004
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
16230Manufacture of other builders' carpentry and joinery
46831Wholesale of construction materials, general range
46832Wholesale of timber
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.