LEM-AIR
ActiveSummary
The computed 12-month bankruptcy probability of LEM-AIR is 4.5% (elevated). The 2025 annual accounts show equity of €1.23M and a net result of €390k. Equity is growing by ~53.1% per year across the filed fiscal years. Its solvency ranks better than 70% of 484 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability89▼-4
Solvency77▲+1
Growth78=
Track record94
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days only on tighter terms
Liquidity ample (current ratio 2.0 against 1.89 in 2024; short-term debt: 45.9% and cash: 6.4% of total assets), and 48.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
51.7%
Return on assets
16.4%
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 11-07-2026, 20 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
20 d early
2024
30 d early
2023
32 d early
2022
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.23M▲ 46.4%
2024 · €841k
2022: €130klowest in 4 years
2023: €521k▲ +302% vs 2022
2024: €841k▲ +61.5% vs 2023
2025: €1.23M▲ +46.4% vs 2024highest in 4 years
2022 → 2025
Total assets
€2.38M▲ 43.3%
2024 · €1.66M
2022: €323klowest in 4 years
2023: €1.14M▲ +255% vs 2022
2024: €1.66M▲ +45.2% vs 2023
2025: €2.38M▲ +43.3% vs 2024highest in 4 years
2022 → 2025
Net result
€390k▲ 21.8%
2024 · €320k
2022: €110klowest in 4 years
2023: €391k▲ +257% vs 2022highest in 4 years
2024: €320k▼ -18.1% vs 2023
2025: €390k▲ +21.8% vs 2024
2022 → 2025
Working capital
€1.10M▲ 50.4%
2024 · €730k
2022: €116klowest in 4 years
2023: €491k▲ +324% vs 2022
2024: €730k▲ +48.8% vs 2023
2025: €1.10M▲ +50.4% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€130k-€521k▲ 302%€841k▲ 61.5%€1.23M▲ 46.4%
2022: €130klowest in 4 years
2023: €521k▲ +302% vs 2022
2024: €841k▲ +61.5% vs 2023
2025: €1.23M▲ +46.4% vs 2024highest in 4 years
Operating result€142k-€528k▲ 271%€440k▼ 16.7%€533k▲ 21.2%
2022: €142klowest in 4 years
2023: €528k▲ +271% vs 2022
2024: €440k▼ -16.7% vs 2023
2025: €533k▲ +21.2% vs 2024highest in 4 years
Net result€110k-€391k▲ 257%€320k▼ 18.1%€390k▲ 21.8%
2022: €110klowest in 4 years
2023: €391k▲ +257% vs 2022highest in 4 years
2024: €320k▼ -18.1% vs 2023
2025: €390k▲ +21.8% vs 2024
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 recovers in 2025; 2025 is 21% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.38M
Fixed assets
€190k ▲ 70.9%
Current assets
€2.19M ▲ 41.3%
Equity and liabilities €2.38M
Equity
€1.23M ▲ 46.4%
Debt
€1.15M ▲ 40.1%
Debt's share of the balance-sheet total falls from 49.4% to 48.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€583k▲
2024 · €463k
Cash flow
€441k▲
2024 · €344k
Current ratio
2.00▲
2024 · 1.89
Quick ratio
1.56▲
2024 · 1.43
Debt to equity
0.93▼
2024 · 0.98
ROE
31.7%▼
2024 · 38.1%
ROA
16.4%▼
2024 · 19.3%
Interest coverage
75.33▲
2024 · 62.21
Debt ≤ 1 year
€1.09M▲
2024 · €821k
Debt > 1 year
€56k
Income taxes
€135k▲
2024 · €112k
Staff costs
€661k▲
2024 · €473k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.66M€2.38M▲
Fixed assets21/28€111k€190k▲
Intangible fixed assets21€1k€706▼
Tangible fixed assets22/27€110k€190k▲
Plant, machinery and equipment23€70k€70k▲
Furniture and vehicles24€41k€120k▲
Current assets29/58€1.55M€2.19M▲
Stocks and contracts in progress3€375k€484k▲
Stocks30/36€375k€484k▲
Amounts receivable within one year40/41€868k€1.52M▲
Trade receivables40€735k€1.46M▲
Other amounts receivable41€133k€63k▼
Cash at bank and in hand54/58€281k€152k▼
Deferred charges and accrued income490/1€27k€37k▲
Equity and liabilities
Total equity and liabilities10/49€1.66M€2.38M▲
Equity10/15€841k€1.23M▲
Contributions10/11€20k€20k=
Reserves13€821k€1.21M▲
Distributable reserves133€821k€1.21M▲
Amounts payable17/49€821k€1.15M▲
Amounts payable after more than one year17-€56k
Financial debts170/4-€56k
Amounts payable within one year42/48€821k€1.09M▲
Current portion of amounts payable after more than one year42-€23k
Trade debts44€528k€821k▲
Suppliers440/4€528k€821k▲
Taxes, remuneration and social security45€286k€192k▼
Taxes450/3€239k€124k▼
Remuneration and social security454/9€48k€68k▲
Other amounts payable47/48€7k€57k▲
Income statement
Code20242025
Remuneration, social security and pensions62€473k€661k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€50k▲
Other operating charges640/8€1k€5k▲
Gross operating margin9900€937k€1.25M▲
Operating profit (loss)9901€440k€533k▲
Financial income75/76B€53€7▼
Recurring financial income75€53€7▼
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€432k€525k▲
Income taxes67/77€112k€135k▲
Profit (loss) for the period9904€320k€390k▲
Profit (loss) for the period to be appropriated9905€320k€390k▲
Appropriation of the result
Profit (loss) to be appropriated9906€320k€390k▲
Transfer to equity691/2€320k€390k▲
To other reserves6921€320k€390k▲
Social balance
Average headcount (FTE)9087-12.3
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €57k | €252k | €473k | €661k | ▲ 39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €9k | €23k | €50k | ▲ 116% |
| Other operating charges640/8 | €785 | €1k | €1k | €5k | ▲ 270% |
| Gross operating margin9900 | €203k | €789k | €937k | €1.25M | ▲ 33.3% |
| Operating profit (loss)9901 | €142k | €528k | €440k | €533k | ▲ 21.2% |
| Financial income75/76B | €10 | €93 | €53 | €7 | ▼ 86.0% |
| Recurring financial income75 | €10 | €93 | €53 | €7 | ▼ 86.0% |
| Financial charges65/66B | €2k | €10k | €7k | €8k | ▲ 4.0% |
| Recurring financial charges65 | €2k | €10k | €7k | €8k | ▲ 4.0% |
| Profit (loss) for the period before taxes9903 | €140k | €518k | €432k | €525k | ▲ 21.5% |
| Income taxes67/77 | €31k | €127k | €112k | €135k | ▲ 20.4% |
| Profit (loss) for the period9904 | €110k | €391k | €320k | €390k | ▲ 21.8% |
| Profit (loss) for the period to be appropriated9905 | €110k | €391k | €320k | €390k | ▲ 21.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €323k | €1.14M | €1.66M | €2.38M | ▲ 43.3% |
| Fixed assets21/28 | €14k | €30k | €111k | €190k | ▲ 70.9% |
| Intangible fixed assets21 | - | €1k | €1k | €706 | ▼ 33.3% |
| Tangible fixed assets22/27 | €14k | €28k | €110k | €190k | ▲ 71.9% |
| Plant, machinery and equipment23 | €6k | €20k | €70k | €70k | ▲ 0.6% |
| Furniture and vehicles24 | €7k | €8k | €41k | €120k | ▲ 194% |
| Financial fixed assets28 | - | €500 | - | - | - |
| Current assets29/58 | €309k | €1.11M | €1.55M | €2.19M | ▲ 41.3% |
| Stocks and contracts in progress3 | €30k | €128k | €375k | €484k | ▲ 29.0% |
| Stocks30/36 | €30k | €128k | €375k | €484k | ▲ 29.0% |
| Amounts receivable within one year40/41 | €251k | €734k | €868k | €1.52M | ▲ 75.0% |
| Trade receivables40 | €204k | €641k | €735k | €1.46M | ▲ 98.2% |
| Other amounts receivable41 | €47k | €93k | €133k | €63k | ▼ 52.8% |
| Cash at bank and in hand54/58 | €22k | €240k | €281k | €152k | ▼ 46.0% |
| Deferred charges and accrued income490/1 | €5k | €13k | €27k | €37k | ▲ 36.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €323k | €1.14M | €1.66M | €2.38M | ▲ 43.3% |
| Equity10/15 | €130k | €521k | €841k | €1.23M | ▲ 46.4% |
| Contributions10/11 | €20k | €20k | €20k | €20k | = |
| Reserves13 | €110k | €501k | €821k | €1.21M | ▲ 47.5% |
| Distributable reserves133 | €110k | €501k | €821k | €1.21M | ▲ 47.5% |
| Amounts payable17/49 | €193k | €624k | €821k | €1.15M | ▲ 40.1% |
| Amounts payable after more than one year17 | - | - | - | €56k | - |
| Financial debts170/4 | - | - | - | €56k | - |
| Amounts payable within one year42/48 | €193k | €624k | €821k | €1.09M | ▲ 33.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €23k | - |
| Trade debts44 | €90k | €432k | €528k | €821k | ▲ 55.5% |
| Suppliers440/4 | €90k | €432k | €528k | €821k | ▲ 55.5% |
| Taxes, remuneration and social security45 | €38k | €186k | €286k | €192k | ▼ 32.9% |
| Taxes450/3 | €31k | €157k | €239k | €124k | ▼ 48.0% |
| Remuneration and social security454/9 | €8k | €29k | €48k | €68k | ▲ 42.7% |
| Other amounts payable47/48 | €65k | €6k | €7k | €57k | ▲ 721% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €110k | €391k | €320k | €390k | ▲ 21.8% |
| + Depreciation and write-downs630 | €3k | €9k | €23k | €50k | ▲ 116% |
| Operating cash flow (approximation) | €113k | €400k | €344k | €441k | ▲ 28.2% |
| Investment in fixed assets (approximation) | - | €-25k | €-105k | €-129k | ▼ 23.8% |
| Change in cash | - | €218k | €41k | €-129k | ▼ 413% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €1MEq €1.23M ▲46.4%
4 profitable years in a row build equity to €1.23M.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €391k ▲257%
Net result €391k, the highest in the series.
31-12
Financial
Equity above €500kEq €521k ▲302%
2 profitable years in a row build equity to €521k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Anderlecht · 3 establishment units since 2021
Ground area
3,572 m²
Building footprint
325 m²
Volume, LiDAR
1,496 m³
3 parcels, Brussels, Wallonia · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
3 establishment units
LEM-AIR
since 20212.319.387.091
LEM-AIR
since 20212.346.088.025
LEM-AIR
since 20242.355.043.204
3 parcels
Wallonia
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772H0108/00Y000 | Wallonia | 1,900 m² | 1 · 144 m² | - |
| 25068B0069/00L000 | Wallonia | 997 m² | 1 · 96 m² | 6.6 m · 2 fl. |
| 21302A0089/00C003 | Brussels | 675 m² | 1 · 86 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,714 companies in sector 33120 we hold annual accounts for 1,344. 622 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
28990Manufacture of machinery and equipment not elsewhere classified
46647Wholesale trade
70200Business and other management consultancy
74999Other professional, scientific and technical activities
Contact
Scores and ratios are computed by Checked and are not a credit decision.