LEMADU
ActiveLEMADU has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52k and a net result of €59k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 12617 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
91
/ 100
Excellent▲ +45 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency74▲+7
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.91 against 3.73 in 2024), but 66.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
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
33.1%
Return on assets
37.2%
Age of the figures
8 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 23-07-2026, 8 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
8 d early
2024
34 d early
2023
61 d late
2022
31 d early
2021
31 d late
2020
31 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€52k
2024 · €-6k
2020: €648
2021: €-1k
2022: €-11k
2023: €-17k
2024: €-6k
2020 → 2025
Total assets
€157k▲ 21.7%
2024 · €129k
2020: €3k
2021: €100k
2022: €91k
2023: €86k
2024: €129k
2020 → 2025
Net result
€59k▲ 482%
2024 · €10k
2020: €2k
2021: €-2k
2022: €-10k
2023: €-5k
2024: €10k
2020 → 2025
Working capital
€102k▲ 8.0%
2024 · €94k
2020: €64
2021: €5k
2022: €-909
2023: €-2k
2024: €94k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-1k-€-11k▼ 687%€-17k▼ 46.8%€-6k▲ 60.9%€52k
Operating result€-2k-€-9k▼ 376%€-4k▲ 51.2%€12k€38k▲ 207%
Net result€-2k-€-10k▼ 373%€-5k▲ 46.3%€10k€59k▲ 482%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 207% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157k
Fixed assets
€2k▲ 494%
Current assets
€156k▲ 20.5%
Equity and liabilities €157k
Equity
€52k
Debt
€105k
Debt finances 66.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€38k▲
2024 · €13k
Cash flow
€59k▲
2024 · €10k
Solvency
33.1%▲
2024 · -5.0%
Current ratio
2.91▼
2024 · 3.73
Quick ratio
2.77▼
2024 · 3.73
Debt / equity
2.02▲
2024 · -21.05
ROE
112.4%▲
2024 · -156.1%
ROA
37.2%▲
2024 · 7.8%
Interest coverage
15.17▲
2024 · 6.29
Debt
€105k▼
2024 · €136k
Debt ≤ 1 year
€53k▲
2024 · €35k
Debt > 1 year
€50k▼
2024 · €100k
Income taxes
€25k▲
2024 · €129
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€129k€157k▲
Fixed assets21/28€332€2k▲
Tangible fixed assets22/27€332€2k▲
Furniture and vehicles24€332€2k▲
Current assets29/58€129k€156k▲
Stocks and contracts in progress3-€7k
Stocks30/36-€7k
Amounts receivable within one year40/41€121k€2k▼
Trade receivables40€11k€2k▼
Other amounts receivable41€110k€21▼
Current investments50/53-€100k
Cash at bank and in hand54/58€8k€46k▲
Equity and liabilities
Total equity and liabilities10/49€129k€157k▲
Equity10/15€-6k€52k▲
Contributions10/11€1k€1k=
Reserves13-€50k
Distributable reserves133-€50k
Profit (loss) carried forward14€-7k€1k▲
Amounts payable17/49€136k€105k▼
Amounts payable after more than one year17€100k€50k▼
Financial debts170/4€100k€50k▼
Amounts payable within one year42/48€35k€53k▲
Financial debts43-€24k
Credit institutions430/8-€24k
Trade debts44€529€1k▲
Suppliers440/4€529€1k▲
Taxes, remuneration and social security45€854€3k▲
Taxes450/3€854€3k▲
Other amounts payable47/48€33k€25k▼
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€259€288▲
Other operating charges640/8€917€891▼
Gross operating margin9900€13k€39k▲
Operating profit (loss)9901€12k€38k▲
Financial income75/76B-€48k
Recurring financial income75-€24
Non-recurring financial income76B-€48k
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Non-recurring financial charges66B€116-
Profit (loss) for the period before taxes9903€10k€83k▲
Income taxes67/77€129€25k▲
Profit (loss) for the period9904€10k€59k▲
Profit (loss) for the period to be appropriated9905€10k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€51k▲
Profit (loss) brought forward from the previous period14P€-18k€-7k▲
Transfer to equity691/2-€50k
To other reserves6921-€50k
The notes to these accounts (8 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €59k ▲482%
Operating result €38k, net result €59k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after 3 loss-making years.
31-12
Financial
Liquidity times 13current ratio 3.73
Current ratio from 0.28 to 3.73.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 3.96
Current ratio from 1.03 to 3.96; short-term debt falls from €2k to €2k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
Frauke Duvillers
CurrentDirector · since 01-02-2024
01-02-2024
Appointed as Director
Location & real-estate footprint
Registered office, Koksijde · 1 establishment unit since 2018
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.
Svinkxstraat(Kok) 248670 KoksijdeGround area
836 m²
Building footprint
261 m²
Volume, LiDAR
1,070 m³
Parcel 38343A0782/00V000, Flanders · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LEMADU
since 20182.281.938.955
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38343A0782/00V000 | Flanders | 836 m² | 1 · 261 m² | 6.5 m · 1 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
LIGHTSABER
BE 1004.871.894
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BE 0505.619.725
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PRIME PROJECTS PROPERTIES
BE 0860.940.227
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ADP Ventures
BE 0764.416.616
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VALDELGEST
BE 0779.657.096
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Of 2,751 companies in sector 69109 we hold annual accounts for 1,205. 917 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-11-2018
Fiscal year end31-12
Activities, NACEBEL
69109Other legal services
70210Activities of head offices; management consultancy activities
73200Market research and public opinion polling
73300Public relations and communication consultancy
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.