LEMA
ActiveSummary
LEMA has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62.5m and a net result of €13.1m. Equity has been growing by about 12% per year since 2022. Its solvency ranks better than 85% of 11,261 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 13-04-2022 Normal situation
- Activity
- Buying and selling of own real estate NACE 68110and 1 other
- Establishment unit
- 2.331.080.343 9830 Sint-Martens-Latem, since 13-04-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 29-09-2026
Board and ownership
- Michel MoortgatManaging director
- DADA CHAPEL DISTILLERYDirector · permanent representative Stéphanie Donck
- Holdings
- Shares in 2 companies DADA CHAPEL DISTILLERY and PBM Finance
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €1.1m
- ▲ 47.4%
- Turnover
- ≈ €1.4m
- estimated
- Profit
- €13.1m
- ▲ 41.9%
- Equity
- €62.5m
- ▲ 14.8%
- Total assets
- €78.0m
- ▲ 5.4%
- Employees on 31-12-2025
- 4
- ▼ 20.0%
Score breakdownraises riskLiquidity: current ratio 4.90, cash €1.3mFounded in 2022lowers riskSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed on 22-07-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 91% of them on solvency, 46% on liquidity, 40% on profitability and 71% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 8 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Demerger: LEMA NV splits off to LEMA BVCapital increase of €40,144,188.75 to €40,146,692.44
- · Gazette deed Demerger proposal: LEMA NV splits off to LEMA BV
- · Gazette deed IncorporationStarting capital €2,503.69 · Appointments: Michel Moortgat (director) and Hotel Vanden Meersche (director) · Permanent representative: Stéphanie Donck
Comparable companies
These companies have the same main activity as LEMA: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €37m and €78m, founded between 2016 and 2022.
| Company | Total assets | Gross margin |
|---|---|---|
| LEMA Sint-Martens-Latem | €78.0m | €1.1m |
| BEMO Sint-Martens-Latem | €77.8m | €1.1m |
| LP Invest Brussel | €50.5m | €0.4m |
| T2 Genk | €37.2m | €1.3m |
| LACAGRO Antwerpen | €58.3m | €1.3m |
| BLUE LINE STORAGE Gent | €57.8m | €4.0m |
| IMMOSTEF BELGIQUE Tubize | €49.9m | €3.6m |
Key facts about LEMA
- What is the company number of LEMA?
- The company number of LEMA is 0784.820.862. The VAT number is the same number with BE in front: BE 0784.820.862.
- Where is LEMA based?
- The registered office is at Nelemeersstraat 55, 9830 Sint-Martens-Latem.Company details
- What does LEMA do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of LEMA?
- The legal form of LEMA is Private limited company (BV).
- When was LEMA founded?
- LEMA was founded on 13-04-2022.
- Is LEMA still active?
- Yes, LEMA is an active enterprise in the KBO register.
- How many employees does LEMA have?
- LEMA had an average of 3.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of LEMA?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €1.1m and 39 comparable companies (NACE 681). It probably lies between €1.1m and €3.2m.
- Is LEMA profitable?
- In financial year 2025, LEMA made a profit of €13.1m.
- Where can I find the annual accounts of LEMA?
- LEMA filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LEMA due?
- LEMA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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