LEMANOS
ActiveSummary
LEMANOS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.82M and a net result of €596k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 45% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability58▼-16
Solvency75▼-25
Growth63▼-3
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 11.38 in 2024; short-term debt: 46% and cash: 6.8% of total assets), and 49.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
50.4%
Return on assets
16.5%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
26 d early
2024
32 d early
2023
on the day
2022
12 d early
2021
4 d late
2020
2 d early
2019
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€419k▼ 10.2%
2024 · €466k
2019: €404k
2020: €469k▲ +16.0% vs 2019highest in 7 years
2021: €219k▼ -53.4% vs 2020
2022: €123k▼ -44.0% vs 2021lowest in 7 years
2023: €384k▲ +214% vs 2022
2024: €466k▲ +21.2% vs 2023
2025: €419k▼ -10.2% vs 2024
2019 → 2025
EBIT margin
5.8%▼ 14.7pp
2024 · 20.6%
2019: -30.2%
2020: -7.8%▲ +74.0% vs 2019
2021: -45.3%▼ -478% vs 2020lowest in 7 years
2022: 98.5%▲ +317% vs 2021highest in 7 years
2023: 12.4%▼ -87.4% vs 2022
2024: 20.6%▲ +66.4% vs 2023
2025: 5.8%▼ -71.6% vs 2024
2019 → 2025
Net result
€596k▲ 29.2%
2024 · €462k
2019: €81klowest in 7 years
2020: €797k▲ +884% vs 2019highest in 7 years
2021: €527k▼ -33.9% vs 2020
2022: €454k▼ -13.9% vs 2021
2023: €112k▼ -75.4% vs 2022
2024: €462k▲ +313% vs 2023
2025: €596k▲ +29.2% vs 2024
2019 → 2025
Working capital
€1.29M▼ 36.9%
2024 · €2.05M
2019: €235klowest in 7 years
2020: €860k▲ +266% vs 2019
2021: €1.26M▲ +46.0% vs 2020
2022: €1.64M▲ +30.5% vs 2021
2023: €1.68M▲ +2.6% vs 2022
2024: €2.05M▲ +21.6% vs 2023highest in 7 years
2025: €1.29M▼ -36.9% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€219k-€123k▼ 44.0%€384k▲ 214%€466k▲ 21.2%€419k▼ 10.2%
2021: €219k
2022: €123k▼ -44.0% vs 2021lowest in 5 years
2023: €384k▲ +214% vs 2022
2024: €466k▲ +21.2% vs 2023highest in 5 years
2025: €419k▼ -10.2% vs 2024
Equity€1.67M-€2.12M▲ 27.1%€2.16M▲ 2.1%€2.58M▲ 19.5%€1.82M▼ 29.7%
2021: €1.67Mlowest in 5 years
2022: €2.12M▲ +27.1% vs 2021
2023: €2.16M▲ +2.1% vs 2022
2024: €2.58M▲ +19.5% vs 2023highest in 5 years
2025: €1.82M▼ -29.7% vs 2024
Operating result€-99k-€121k€48k▼ 60.6%€96k▲ 102%€24k▼ 74.5%
2021: €-99klowest in 5 years
2022: €121k▲ +222% vs 2021highest in 5 years
2023: €48k▼ -60.6% vs 2022
2024: €96k▲ +102% vs 2023
2025: €24k▼ -74.5% vs 2024
Net result€527k-€454k▼ 13.9%€112k▼ 75.4%€462k▲ 313%€596k▲ 29.2%
2021: €527k
2022: €454k▼ -13.9% vs 2021
2023: €112k▼ -75.4% vs 2022lowest in 5 years
2024: €462k▲ +313% vs 2023
2025: €596k▲ +29.2% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 74% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.61M
Fixed assets
€658k ▼ 6.0%
Current assets
€2.95M ▲ 31.5%
Equity and liabilities €3.61M
Equity
€1.82M ▼ 29.7%
Debt
€1.79M ▲ 399%
Debt's share of the balance-sheet total rises from 12.2% to 49.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€67k▼
2024 · €139k
Cash flow
€638k▲
2024 · €504k
Current ratio
1.78▼
2024 · 11.38
Debt to equity
0.99▲
2024 · 0.14
ROE
32.8%▲
2024 · 17.9%
ROA
16.5%▲
2024 · 15.7%
Interest coverage
0.70▼
2024 · 2.64
Debt ≤ 1 year
€1.66M▲
2024 · €197k
Debt > 1 year
€131k▼
2024 · €162k
Income taxes
€351k▲
2024 · €245k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.94M€3.61M▲
Fixed assets21/28€700k€658k▼
Tangible fixed assets22/27€400k€358k▼
Land and buildings22€367k€348k▼
Furniture and vehicles24€33k€10k▼
Financial fixed assets28€300k€300k=
Current assets29/58€2.24M€2.95M▲
Amounts receivable within one year40/41€261k€545k▲
Trade receivables40€261k€46k▼
Other amounts receivable41€668€499k▲
Current investments50/53€1.78M€2.16M▲
Cash at bank and in hand54/58€196k€246k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€2.94M€3.61M▲
Equity10/15€2.58M€1.82M▼
Contributions10/11€19k€19k=
Reserves13€2.54M€1.78M▼
Non-distributable reserves130/1€1.30M€800k▼
Reserves not available under the articles1311€0-
Own shares acquired1312€800k€800k=
Financial assistance1313€497k-
Tax-exempt reserves132€492k€0▼
Distributable reserves133€756k€977k▲
Profit (loss) carried forward14€21k€22k▲
Amounts payable17/49€359k€1.79M▲
Amounts payable after more than one year17€162k€131k▼
Financial debts170/4€162k€131k▼
Amounts payable within one year42/48€197k€1.66M▲
Current portion of amounts payable after more than one year42€31k€132k▲
Financial debts43€477€2k▲
Credit institutions430/8€477€2k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€120k€159k▲
Taxes450/3€120k€159k▲
Remuneration and social security454/9€0€0=
Other amounts payable47/48€42k€1.36M▲
Accrued charges and deferred income492/3€0€2k▲
Income statement
Code20242025
Turnover70€466k€419k▼
Goods, raw materials, services and sundry goods60/61€366k€388k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€42k▼
Other operating charges640/8€6k€5k▼
Gross operating margin9900€145k€72k▼
Operating profit (loss)9901€96k€24k▼
Financial income75/76B€663k€1.02M▲
Recurring financial income75€663k€1.02M▲
Financial charges65/66B€53k€95k▲
Recurring financial charges65€53k€95k▲
Profit (loss) for the period before taxes9903€707k€948k▲
Income taxes67/77€245k€351k▲
Profit (loss) for the period9904€462k€596k▲
Transfer from tax-exempt reserves789-€492k
Profit (loss) for the period to be appropriated9905€462k€1.09M▲
Appropriation of the result
Profit (loss) to be appropriated9906€483k€1.11M▲
Profit (loss) brought forward from the previous period14P€21k€21k▲
Transfer from equity791/2€40k€1.36M▲
Transfer to equity691/2€462k€1.09M▲
To other reserves6921€462k€1.09M▲
Profit to be distributed694/7€40k€1.36M▲
Return on contributions (dividend)694€40k€1.36M▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €219k | €123k | €384k | €466k | €419k | ▼ 10.2% |
| Goods, raw materials, services and sundry goods60/61 | - | €231k | €322k | €366k | €388k | ▲ 6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59k | €38k | €38k | €43k | €42k | ▼ 1.3% |
| Other operating charges640/8 | - | €5k | €9k | €6k | €5k | ▼ 19.7% |
| Gross operating margin9900 | €-28k | €164k | €95k | €145k | €72k | ▼ 50.5% |
| Operating profit (loss)9901 | €-99k | €121k | €48k | €96k | €24k | ▼ 74.5% |
| Financial income75/76B | - | €673k | €165k | €663k | €1.02M | ▲ 53.4% |
| Recurring financial income75 | €895k | €673k | €165k | €663k | €1.02M | ▲ 53.4% |
| Financial charges65/66B | - | €37k | €33k | €53k | €95k | ▲ 79.9% |
| Recurring financial charges65 | €33k | €37k | €33k | €53k | €95k | ▲ 79.9% |
| Profit (loss) for the period before taxes9903 | €763k | €757k | €179k | €707k | €948k | ▲ 34.1% |
| Income taxes67/77 | €236k | €303k | €67k | €245k | €351k | ▲ 43.4% |
| Profit (loss) for the period9904 | €527k | €454k | €112k | €462k | €596k | ▲ 29.2% |
| Transfer from tax-exempt reserves789 | - | - | €114k | - | €492k | - |
| Profit (loss) for the period to be appropriated9905 | €417k | €454k | €225k | €462k | €1.09M | ▲ 136% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.14M | €2.64M | €2.54M | €2.94M | €3.61M | ▲ 22.6% |
| Fixed assets21/28 | €670k | €706k | €675k | €700k | €658k | ▼ 6.0% |
| Tangible fixed assets22/27 | €670k | €456k | €425k | €400k | €358k | ▼ 10.6% |
| Land and buildings22 | - | €398k | €388k | €367k | €348k | ▼ 5.3% |
| Furniture and vehicles24 | - | €58k | €38k | €33k | €10k | ▼ 69.2% |
| Financial fixed assets28 | - | €250k | €250k | €300k | €300k | = |
| Current assets29/58 | €1.47M | €1.93M | €1.86M | €2.24M | €2.95M | ▲ 31.5% |
| Amounts receivable within one year40/41 | €50k | €9k | €38k | €261k | €545k | ▲ 108% |
| Trade receivables40 | - | €8k | €37k | €261k | €46k | ▼ 82.4% |
| Other amounts receivable41 | - | €904 | €736 | €668 | €499k | ▲ 74,610% |
| Current investments50/53 | €981k | €1.81M | €1.75M | €1.78M | €2.16M | ▲ 20.9% |
| Cash at bank and in hand54/58 | €430k | €113k | €79k | €196k | €246k | ▲ 26.0% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €3k | €3k | ▲ 0.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.14M | €2.64M | €2.54M | €2.94M | €3.61M | ▲ 22.6% |
| Equity10/15 | €1.67M | €2.12M | €2.16M | €2.58M | €1.82M | ▼ 29.7% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Outside capital11 | - | - | €19k | - | - | - |
| Other1109/19 | - | - | €19k | - | - | - |
| Reserves13 | €1.63M | €2.08M | €2.12M | €2.54M | €1.78M | ▼ 30.2% |
| Non-distributable reserves130/1 | - | €1.30M | €1.30M | €1.30M | €800k | ▼ 38.3% |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Own shares acquired1312 | - | €800k | €800k | €800k | €800k | = |
| Financial assistance1313 | - | €497k | €497k | €497k | - | - |
| Tax-exempt reserves132 | - | €605k | €492k | €492k | €0 | ▼ 100% |
| Distributable reserves133 | - | €175k | €332k | €756k | €977k | ▲ 29.2% |
| Profit (loss) carried forward14 | €21k | €21k | €21k | €21k | €22k | ▲ 1.1% |
| Amounts payable17/49 | €467k | €522k | €377k | €359k | €1.79M | ▲ 399% |
| Amounts payable after more than one year17 | €256k | €225k | €193k | €162k | €131k | ▼ 19.4% |
| Financial debts170/4 | - | €225k | €193k | €162k | €131k | ▼ 19.4% |
| Amounts payable within one year42/48 | €209k | €296k | €183k | €197k | €1.66M | ▲ 741% |
| Current portion of amounts payable after more than one year42 | - | €31k | €31k | €31k | €132k | ▲ 320% |
| Financial debts43 | - | €151k | €383 | €477 | €2k | ▲ 217% |
| Credit institutions430/8 | - | €151k | €383 | €477 | €2k | ▲ 217% |
| Trade debts44 | €11k | €11k | €10k | €3k | €2k | ▼ 41.1% |
| Suppliers440/4 | - | €11k | €10k | €3k | €2k | ▼ 41.1% |
| Taxes, remuneration and social security45 | - | €43k | €57k | €120k | €159k | ▲ 32.4% |
| Taxes450/3 | - | €43k | €57k | €120k | €159k | ▲ 32.4% |
| Remuneration and social security454/9 | - | €0 | €0 | €0 | €0 | - |
| Other amounts payable47/48 | - | €60k | €84k | €42k | €1.36M | ▲ 3,123% |
| Accrued charges and deferred income492/3 | - | €1k | €1k | €0 | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €527k | €454k | €112k | €462k | €596k | ▲ 29.2% |
| + Depreciation and write-downs630 | €59k | €38k | €38k | €43k | €42k | ▼ 1.3% |
| Operating cash flow (approximation) | €586k | €492k | €150k | €504k | €638k | ▲ 26.6% |
| Investment in fixed assets (approximation) | - | €-74k | €-7k | €-68k | €0 | ▲ 100% |
| Change in cash | - | €-317k | €-34k | €117k | €51k | ▼ 56.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €2MEq €2.12M ▲27.1%
4 profitable years in a row build equity to €2.12M.
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 4 days late
2021
30-06
Financial
Liquidity triplescurrent ratio 7.00
Current ratio from 2.46 to 7.00; short-term debt falls from €591k to €209k.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-12
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
30-06
Financial
Highest result since 2019net €797k ▲884%
Net result €797k, the highest in the series.
30-06
Financial
Equity above €1MEq €1.22M ▲99.8%
2 profitable years in a row build equity to €1.22M.
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
29-07
State Gazette act
General meeting · Director discharge
Director resignation · Director appointment
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 37 days late
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Eupen · 1 establishment unit since 2010
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.
Rothfeld 114701 Eupen1 establishment unit
LEMANOS
since 20102.193.763.876
Structure & network
Connections & network
5 connected companiesThis company
Company
Director
Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Recognitions · licences · registrations
Legal Entity Identifier
8945005DP8FL1BL1N342
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 21,264 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-11-2010
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
70100Activities of head offices
Scores and ratios are computed by Checked and are not a credit decision.