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LEMAN ONE

Active
Public limited companyfounded 200620 yrs activeMechelsesteenweg(CEN) 2, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0880.679.133
Summary

LEMAN ONE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€239,718) and a net result of -€12,297. Equity is shrinking by ~6.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability54▲+5
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.01 in 2024; short-term debt: 78.7% and cash: 0.4% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Solvency, return and age of the figures
Solvency
-28.7%
Return on assets
-1.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€239,718
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
7 d early
2023
8 d early
2022
on the day
2021
4 d early
2020
1 d early
2019
69 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 4 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 24 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 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

History

LEMAN ONE was incorporated on 31 March 2006.1 Total assets fell from EUR 1.1 million in 2018 to EUR 836,322 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€12,297▲ 15.1%
2024 · -€14,485
Working capital
-€654,850▼ 2.0%
2024 · -€641,858
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€2,528▼ 57.7%€1,121▼ 55.7%-€6,987-€4,391▲ 37.2%-€2,997▲ 31.7%
Net result-€9,120▼ 33.8%-€10,289▼ 12.8%-€17,765▼ 72.7%-€14,485▲ 18.5%-€12,297▲ 15.1%
Equity-€184,882▼ 5.2%-€195,171▼ 5.6%-€212,936▼ 9.1%-€227,421▼ 6.8%-€239,718▼ 5.4%
Total assets€1.0m▼ 4.3%€965,380▼ 4.3%€920,388▼ 4.7%€878,769▼ 4.5%€836,322▼ 4.8%
Debt€1.2m▼ 3.0%€1.2m▼ 2.7%€1.1m▼ 2.3%€1.1m▼ 2.4%€1.1m▼ 2.7%
Working capital-€610,740▼ 1.3%-€615,978▼ 0.9%-€629,532▼ 2.2%-€641,858▼ 2.0%-€654,850▼ 2.0%
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0Operating result 2021: €2,528€2,528Net result 2021: -€9,120-€9,120Operating result 2022: €1,121€1,121Net result 2022: -€10,289-€10,289Operating result 2023: -€6,987-€6,987Net result 2023: -€17,765-€17,765Operating result 2024: -€4,391-€4,391Net result 2024: -€14,485-€14,485Operating result 2025: -€2,997-€2,997Net result 2025: -€12,297-€12,29720212022202320242025-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€6,987-€6,990Net result 2023: -€17,765-€17,800Operating result 2024: -€4,391-€4,390Net result 2024: -€14,485-€14,500Operating result 2025: -€2,997-€3,000Net result 2025: -€12,297-€12,300202320242025
The operating result stays negative: a loss of €2,997 in 2025 against €4,391 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €836,322
Fixed assets €832,597 ▼ 4.6%
Current assets €3,725 ▼ 37.5%
Key figures and ratios
2025 value · change against 2024
EBITDA
€40,850▲
2024 · €39,131
Cash flow
€31,550▲
2024 · €29,037
Solvency
-28.7%▼
2024 · -25.9%
Current ratio
0.01▼
2024 · 0.01
Debt to equity
-4.49▲
2024 · -4.86
ROA
-1.5%▲
2024 · -1.6%
Interest coverage
4.39▲
2024 · 3.88
Debt ≤ 1 year
€658,575▲
2024 · €647,817
Debt > 1 year
€416,485▼
2024 · €457,403
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,241 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 93% are still going.

  • Small
  • 20 years or older
  • negative equity
  • a small loss
1.8% went bankrupt
4.0% stopped otherwise
93% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,241 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€878,769€836,322▼
Fixed assets21/28€872,810€832,597▼
Tangible fixed assets22/27€872,810€832,597▼
Land and buildings22€872,810€830,529▼
Plant, machinery and equipment23-€2,068
Current assets29/58€5,959€3,725▼
Cash at bank and in hand54/58€5,959€3,725▼
Equity and liabilities
Total equity and liabilities10/49€878,769€836,322▼
Equity10/15-€227,421-€239,718▼
Contributions10/11€130,000€130,000=
Capital10€130,000€130,000=
Issued capital100€130,000€130,000=
Profit (loss) carried forward14-€357,421-€369,718▼
Amounts payable17/49€1.1m€1.1m▼
Amounts payable after more than one year17€457,403€416,485▼
Financial debts170/4€457,403€416,485▼
Amounts payable within one year42/48€647,817€658,575▲
Current portion of amounts payable after more than one year42€40,160€40,917▲
Other amounts payable47/48€607,658€617,658▲
Accrued charges and deferred income492/3€970€980▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43,522€43,847▲
Other operating charges640/8€7,524€7,852▲
Gross operating margin9900€46,656€48,701▲
Operating profit (loss)9901-€4,391-€2,997▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€10,095€9,300▼
Recurring financial charges65€10,095€9,300▼
Profit (loss) for the period before taxes9903-€14,485-€12,297▲
Profit (loss) for the period9904-€14,485-€12,297▲
Profit (loss) for the period to be appropriated9905-€14,485-€12,297▲
Appropriation of the result
Profit (loss) to be appropriated9906-€357,421-€369,718▼
Profit (loss) brought forward from the previous period14P-€342,936-€357,421▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43,523€43,602€43,522€43,522€43,847▲ 0.7%
Other operating charges640/8€6,548€6,505€7,500€7,524€7,852▲ 4.4%
Gross operating margin9900€52,599€51,228€44,035€46,656€48,701▲ 4.4%
Operating profit (loss)9901€2,528€1,121-€6,987-€4,391-€2,997▲ 31.7%
Financial income75/76B€452-€2€0--
Recurring financial income75€452-€2€0--
Financial charges65/66B€12,100€11,410€10,779€10,095€9,300▼ 7.9%
Recurring financial charges65€12,100€11,410€10,779€10,095€9,300▼ 7.9%
Profit (loss) for the period before taxes9903-€9,120-€10,289-€17,764-€14,485-€12,297▲ 15.1%
Income taxes67/77--€1---
Profit (loss) for the period9904-€9,120-€10,289-€17,765-€14,485-€12,297▲ 15.1%
Profit (loss) for the period to be appropriated9905-€9,120-€10,289-€17,765-€14,485-€12,297▲ 15.1%
Line20212022202320242025Change
Assets
Total assets20/58€1.0m€965,380€920,388€878,769€836,322▼ 4.8%
Fixed assets21/28€1.0m€959,855€916,332€872,810€832,597▼ 4.6%
Tangible fixed assets22/27€1.0m€959,855€916,332€872,810€832,597▼ 4.6%
Land and buildings22€1.0m€959,855€916,332€872,810€830,529▼ 4.8%
Plant, machinery and equipment23----€2,068-
Current assets29/58€4,987€5,525€4,056€5,959€3,725▼ 37.5%
Amounts receivable within one year40/41-€79----
Other amounts receivable41-€79----
Cash at bank and in hand54/58€4,987€5,446€4,056€5,959€3,725▼ 37.5%
Equity and liabilities
Total equity and liabilities10/49€1.0m€965,380€920,388€878,769€836,322▼ 4.8%
Equity10/15-€184,882-€195,171-€212,936-€227,421-€239,718▼ 5.4%
Contributions10/11€130,000€130,000€130,000€130,000€130,000=
Capital10€130,000€130,000€130,000€130,000€130,000=
Issued capital100€130,000€130,000€130,000€130,000€130,000=
Profit (loss) carried forward14-€314,882-€325,171-€342,936-€357,421-€369,718▼ 3.4%
Amounts payable17/49€1.2m€1.2m€1.1m€1.1m€1.1m▼ 2.7%
Amounts payable after more than one year17€575,664€536,978€497,562€457,403€416,485▼ 8.9%
Financial debts170/4€575,664€536,978€497,562€457,403€416,485▼ 8.9%
Amounts payable within one year42/48€615,727€621,503€633,588€647,817€658,575▲ 1.7%
Current portion of amounts payable after more than one year42€37,970€38,686€39,831€40,160€40,917▲ 1.9%
Trade debts44-€60----
Suppliers440/4-€60----
Other amounts payable47/48€577,757€582,757€593,757€607,658€617,658▲ 1.6%
Accrued charges and deferred income492/3€1,935€2,070€2,174€970€980▲ 1.0%
Line20212022202320242025Change
Profit (loss) for the period9904-€9,120-€10,289-€17,765-€14,485-€12,297▲ 15.1%
+ Depreciation and write-downs630€43,523€43,602€43,522€43,522€43,847▲ 0.7%
Operating cash flow (approximation)€34,403€33,313€25,758€29,037€31,550▲ 8.7%
Investment in fixed assets (approximation)-€0€0€0-€3,634-
Change in cash-€459-€1,391€1,903-€2,234▼ 217%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
08-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial Weakest financial yearnet -€22,763
Net result drops to -€22,763, the lowest in the series; recovery starts the following year.
13-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Sint-Katelijne-Waver · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
2,284 m²
Building footprint
787 m²
Volume, LiDAR
6,304 m³
2 parcels, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Leman One
Mechelsesteenweg(CEN) 2A, 2860 Sint-Katelijne-WaverNACE 67110
since 20062.154.628.831
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12035B0142/00Z003 Flanders 1,371 m² 1 · 422 m² 11.4 m · 3 fl.
12035B0142/00T004 Flanders 914 m² 1 · 366 m² 11.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded31-03-2006
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.