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LEMAK CONSTRUCTION

Active
Private limited companyfounded 20224 yrs activeBrusselsesteenweg 348, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0781.323.419
Summary

LEMAK CONSTRUCTION has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,334 and a net result of €7,437. Equity is growing by ~68.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 30651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Floor and wall tiling
NACE 43331
1 site
Size
€35,661total assets 2025
Equity
€22,334
Profit
€7,437
Turnover not published (abridged schema)
Financial health
69 Healthy Checked score 2025
Bankruptcy chance 12 m
0.9%
Structure
Accounts filed 31 d late0 of 5 deeds read
Why 69- Size: total assets €35,661- Latest accounts 31 days late; 1 of the last 3 late- Founded in 2022+ Liquidity: current ratio 2.13, cash €14,047Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 78% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 88-12
equity 62.6% of total assets
Liquidity 82+13
short-term debt 37.4% · cash 39.4%
Profitability 95-5
return on assets 20.9%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,004 companies)
Last 13 months 10-2025: 1.0% 11-2025: 1.0%▼ -4.4% vs 10-2025 12-2025: 1.0%▲ +0.9% vs 11-2025 01-2026: 1.2%▲ +23.5% vs 12-2025 02-2026: 1.5%▲ +23.2% vs 01-2026 03-2026: 1.5%▲ +2.2% vs 02-2026 04-2026: 1.6%▲ +5.5% vs 03-2026 05-2026: 2.4%▲ +51.9% vs 04-2026highest value 06-2026: 1.4%▼ -42.4% vs 05-2026 07-2026: 1.0%▼ -30.7% vs 06-2026 08-2026: 1.0%● 0.0% vs 07-2026 09-2026: 1.0%● 0.0% vs 08-2026 10-2026: 0.9%▼ -1.5% vs 09-2026lowest value
  • Liquidity: current ratio 2.13, cash €14,047 lowers the probability
  • Size: total assets €35,661 raises the probability for this profile
  • Latest accounts 31 days late; 1 of the last 3 late raises the probability
  • Founded in 2022 raises the probability for this profile
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.13 against 3.36 in 2024; short-term debt: 37.4% and cash: 39.4% of total assets), and 37.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 68%, liquidity 80%, profitability 81%, growth against the median 83%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 2.13, cash €14,047
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Size: total assets €35,661
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
raises risk · Latest accounts 31 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Founded in 2022
In the bankruptcy model this factor raises the probability for this profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-05-2026, 31 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 · 3 filings
Deviation from the deadline
2025
31 d late
2024
6 d late
2023
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 31 May (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close02-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Highest result since 2023net €13,099 ▲629%

Key points

  • Total assets 20253 fiscal years filed €35,661 View
  • Active since 2022founded 28-01-2022 4 years View

By topic

Financials

Fiscal year
2025
Total assets
€35,661
Profit
€7,437
Solvency
62.6%
Total assets▲ 89.7%
Net result
20232025
Go to Financials

Timeline

Events
4
Since
2024
Next accounts
by 30-04-2027
  1. 31-05-2026Annual accounts filed
  2. 06-05-2025Annual accounts filed
  3. 30-09-2024Highest result since 2023
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Floor and wall tilingNACE 43331
Founded
28-01-2022
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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