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LEMATI

Active
Private limited companyfounded 2019active for 6 yearsZilverbeeklaan 22, 2640 Mortsel, BelgiumKBO/BCE: BE 0737.507.331

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of LEMATI is 3.1% (moderate). The 2024 annual accounts show equity of €13,610 and a net result of €58,838. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 14% of 35,970 sector peers (NACE 43, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 07-11-2019 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
Establishment unit
2.295.788.575 2640 Mortsel, since 07-11-2019
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board
  • De Fyn FrankDirector

Financial position

52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.1%
Annual accounts 2024
Gross margin
€132,470
▲ 62.4%
Turnover
≈ €410,000
estimated
Profit
€58,838
▲ 58.4%
Equity
€13,610
▲ 185%
Total assets
€133,387
▲ 52.9%
Staff
1 FTE
=
2025 accounts not filed, 93 days past the deadline
Filed on 28-08-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 01-09-2025)Founded in 20191 financial year not filed after the legal deadline; last filed accounts filed 28 days latelowers riskLiquidity: current ratio 1.09, cash €52,127Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 61% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Strong
Solvency 35+5
equity 10.2% of total assets
Liquidity 49=
short-term debt 89.8% · cash 39.1%
Profitability 100=
return on assets 44.1%
Bankruptcy probability within 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 1.6% 12-2024: 1.5%▼ -0.1 percentage points vs 11-2024 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.4%▼ -0.1 percentage points vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.5%▲ +0.1 percentage points vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 2.0%▲ +0.5 percentage points vs 07-2025 09-2025: 2.3%▲ +0.3 percentage points vs 08-2025 10-2025: 1.0%▼ -1.3 percentage points vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 0.9%▼ -0.1 percentage points vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026lowest value 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.5 percentage points vs 07-2026 09-2026: 1.8%▲ +0.3 percentage points vs 08-2026 10-2026: 3.1%▲ +1.3 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.09 (0.99 in 2023), below the usual 1.5. Short-term debt is 89.8% and cash 39.1% of total assets. 89.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 14% of them on solvency, 41% on liquidity, 92% on profitability and 96% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Eight signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 01-09-2025)
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.09, cash €52,127
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 28 days late
NBB · filings
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 35970 sector peers (2024).
NBB · sector comparison
Position among 35970 sector peers
Solvency
better than 14%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
2021222324
2020 to 2024 · latest year €13,610
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 28 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
28 days late
2023
13 days early
2022
30 days late
2021
113 days late
2020
478 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 127 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 85% of companies in specialised constructionsector median 46.6% · 35,970 companies 10.2% View
  • Positive: 5 profitable years in a rowprofit 2024: €58,838 5 years View

Comparable companies

These companies have the same main activity as LEMATI: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €117,000 and €149,000, founded between 2018 and 2020.

CompanyTotal assetsGross margin
LEMATI Mortsel€133,387€132,470
EMIEL.NR Antwerpen€116,671€137,366
EKOTEC Antwerpen€149,328€123,637
CHAUDEVANT La Hulpe€133,752€132,899
Chaufftec Schaarbeek€118,162€130,970
KAZA ENERGIE Verviers€129,224€123,902
agmc Diest€139,938€153,826
Full comparison

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about LEMATI

What is the company number of LEMATI?
The company number of LEMATI is 0737.507.331. The VAT number is the same number with BE in front: BE 0737.507.331.
Where is LEMATI based?
The registered office is at Zilverbeeklaan 22, 2640 Mortsel.Company details
What does LEMATI do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of LEMATI?
The legal form of LEMATI is Private limited company (BV).
When was LEMATI founded?
LEMATI was founded on 07-11-2019.
Is LEMATI still active?
Yes, LEMATI is an active enterprise in the KBO register.
How many employees does LEMATI have?
LEMATI had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of LEMATI?
The turnover in financial year 2024 is ≈ €410,000. This figure is estimated from the gross margin of €132,470 and 87 comparable companies (NACE 432). It probably lies between €330,000 and €500,000.
Is LEMATI profitable?
In financial year 2024, LEMATI made a profit of €58,838.
Where can I find the annual accounts of LEMATI?
LEMATI filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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