LEMAN
ActiveThe computed 12-month bankruptcy probability of LEMAN is 2.3% (moderate). The annual accounts of LEMAN for fiscal year 2024 show a net loss of 71% of the equity at the start of that year. The 2024 annual accounts show equity of €5k and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 26043 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
30
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability11▼-6
Solvency28▼-20
Growth78=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.7 against 0.88 in 2023; short-term debt: 64.9% and cash: 11.8% of total assets), and 97.3% 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.
+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
2.7%
Return on assets
-6.5%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-11k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 26043 sector peers (2024).
NBB · sector comparisonPosition among 26043 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
61 d late
2022
60 d late
2021
31 d late
2020
31 d late
2019
11 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€5k▼ 70.6%
2023 · €16k
2019: €-23k
2020: €-7k
2021: €22k
2022: €21k
2023: €16k
2019 → 2024
Total assets
€175k▲ 151%
2023 · €70k
2019: €49k
2020: €71k
2021: €86k
2022: €70k
2023: €70k
2019 → 2024
Net result
€-11k▼ 145%
2023 · €-5k
2019: €-35k
2020: €16k
2021: €28k
2022: €-661
2023: €-5k
2019 → 2024
Working capital
€-34k▼ 452%
2023 · €-6k
2019: €-45k
2020: €-30k
2021: €-3k
2022: €-5k
2023: €-6k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-7k-€22k€21k▼ 3.1%€16k▼ 22.3%€5k▼ 70.6%
Operating result€17k-€31k▲ 89.2%€265▼ 99.2%€-5k€-8k▼ 73.2%
Net result€16k-€28k▲ 79.9%€-661€-5k▼ 608%€-11k▼ 145%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2024 against €5k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €175k
Fixed assets
€96k▲ 326%
Current assets
€80k▲ 67.9%
Equity and liabilities €175k
Equity
€5k▼ 70.6%
Debt
€171k▲ 218%
The debt ratio rises from 76.7% to 97.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-721▼
2023 · €320
Cash flow
€-4k▼
2023 · €395
Solvency
2.7%▼
2023 · 23.3%
Current ratio
0.70▼
2023 · 0.88
Quick ratio
0.63▼
2023 · 0.74
Debt / equity
35.65▲
2023 · 3.30
ROE
-239.9%▼
2023 · -28.8%
ROA
-6.5%▲
2023 · -6.7%
Interest coverage
-0.19▼
2023 · 0.83
Debt
€171k▲
2023 · €54k
Debt ≤ 1 year
€114k▲
2023 · €54k
Debt > 1 year
€57k▲
2023 · €0
Staff costs
€44k▲
2023 · €30k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€70k€175k▲
Fixed assets21/28€22k€96k▲
Tangible fixed assets22/27€21k€90k▲
Land and buildings22€16k€76k▲
Plant, machinery and equipment23€5k€11k▲
Furniture and vehicles24€395€3k▲
Financial fixed assets28€2k€6k▲
Current assets29/58€47k€80k▲
Stocks and contracts in progress3€8k€8k▲
Stocks30/36€8k€8k▲
Amounts receivable within one year40/41€20k€48k▲
Trade receivables40€16k€46k▲
Other amounts receivable41€5k€3k▼
Cash at bank and in hand54/58€18k€21k▲
Deferred charges and accrued income490/1€646€2k▲
Equity and liabilities
Total equity and liabilities10/49€70k€175k▲
Equity10/15€16k€5k▼
Contributions10/11€12k€12k=
Profit (loss) carried forward14€4k€-8k▼
Amounts payable17/49€54k€171k▲
Amounts payable after more than one year17€0€57k▲
Financial debts170/4€0€57k▲
Amounts payable within one year42/48€54k€114k▲
Current portion of amounts payable after more than one year42€2k€14k▲
Trade debts44€34k€80k▲
Suppliers440/4€34k€80k▲
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€1k€1k▲
Remuneration and social security454/9€1k€5k▲
Other amounts payable47/48€15k€14k▼
Income statement
Code20232024
Remuneration, social security and pensions62€30k€44k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€8k▲
Other operating charges640/8€726€892▲
Gross operating margin9900€31k€45k▲
Operating profit (loss)9901€-5k€-8k▼
Financial income75/76B€461€490▲
Recurring financial income75€461€490▲
Financial charges65/66B€386€4k▲
Recurring financial charges65€386€4k▲
Profit (loss) for the period before taxes9903€-5k€-11k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-5k€-11k▼
Profit (loss) for the period to be appropriated9905€-5k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-8k▼
Profit (loss) brought forward from the previous period14P€9k€4k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2019net €28k ▲79.9%
Operating result €31k, net result €28k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 1 establishment unit since 2019
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.
Karel Oomsstraat 22018 AntwerpenGround area
343 m²
Building footprint
66 m²
Volume, LiDAR
1,875 m³
Parcel 11810K1554/00Z005, Flanders · tallest building 30.1 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
LEMAN
since 20192.284.720.875
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1554/00Z005 | Flanders | 343 m² | 1 · 66 m² | 30.1 m · 10 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.284.720.875
Similar companies · same sector, comparable size
MOTI TRADING
BE 1015.650.277
Elsene · Eq €5k
Star Night
BE 0780.412.708
Antwerpen · Eq €5k
Hak
BE 1000.852.532
Gent · Eq €5k
OMAR COMPANY
BE 0746.806.067
Antwerpen · Eq €5k
KARAN TRADE
BE 0638.960.378
Bouillon · Eq €5k
Of 10,524 companies in sector 47110 we hold annual accounts for 5,860. 2,553 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-01-2019
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47241Retail sale of bread and pastry (bakery outlets)
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.