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LEMAVER

Active
Private limited companyfounded 197551 yrs activeGodshuislaan 19, 8800 Roeselare, BelgiumKBO/BCE: BE 0415.318.564
Summary

LEMAVER has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127,354 and a net result of €16,354. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 95% of 10519 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2025
Profitability84▲+68
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 17.81; short-term debt: 2.8% and cash: 11% of total assets), and 2.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 51 years 0 60 y
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
Retail trade (NACE 47)
about 45% more 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 2025
Solvency, return and age of the figures
Solvency
97.2%
Return on assets
12.5%
Age of the figures
9 mo
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 d early
2025
32 d early
2024
4 d late
2023
23 d late
2022
21 d early
2021
9 d early
2020
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
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

LEMAVER was incorporated on 1 July 1975.1 Total assets fell from EUR 883,040 in 2019 to EUR 131,035 in 2025 and headcount from 3.1 to 1.6 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€127,354▼ 70.5%
2025 · €431,000
Total assets
€131,035▼ 72.7%
2025 · €479,288
Net result
€16,354
2025 · -€10,519
Working capital
€61,879▼ 83.6%
2025 · €377,993
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023202420252025
Operating result€90,473▼ 60.8%€121,118▲ 33.9%€69,807▼ 42.4%-€9,321€20,087-
Net result€77,730within the sector's middle half▼ 54.2%€113,309within the sector's middle half▲ 45.8%€57,822within the sector's middle half▼ 49.0%-€10,519below the sector's middle half€16,354within the sector's middle half-
Equity€407,887within the sector's middle half▲ 1.9%€421,196within the sector's middle half▲ 3.3%€441,518within the sector's middle half▲ 4.8%€431,000within the sector's middle half▼ 2.4%€127,354within the sector's middle half-
Total assets€912,221within the sector's middle half▼ 16.1%€926,828within the sector's middle half▲ 1.6%€966,025within the sector's middle half▲ 4.2%€479,288within the sector's middle half▼ 50.4%€131,035below the sector's middle half-
Debt€504,334▼ 26.6%€505,632▲ 0.3%€524,506▲ 3.7%€48,289▼ 90.8%€3,681-
Working capital€420,535within the sector's middle half▼ 2.9%€405,864within the sector's middle half▼ 3.5%€390,608within the sector's middle half▼ 3.8%€377,993within the sector's middle half▼ 3.2%€61,879within the sector's middle half-
Solvency44.7%within the sector's middle half▲ 7.9pp45.4%within the sector's middle half▲ 0.7pp45.7%within the sector's middle half▲ 0.3pp89.9%above the sector's middle half▲ 44.2pp97.2%above the sector's middle half-
Current ratio2.07within the sector's middle half▲ 0.262.00within the sector's middle half▼ 0.081.82within the sector's middle half▼ 0.1812.36above the sector's middle half▲ 10.5417.81above the sector's middle half-
Return on assets (ROA)8.5%within the sector's middle half▼ 7.1pp12.2%above the sector's middle half▲ 3.7pp6.0%within the sector's middle half▼ 6.2pp-2.2%below the sector's middle half▼ 8.2pp12.5%above the sector's middle half-
Staff (FTE)4within the sector's middle half▲ 25.0%3.6within the sector's middle half▼ 10.0%3.2within the sector's middle half▼ 11.1%1.6within the sector's middle half▼ 50.0%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2022: €90,473€90,473Net result 2022: €77,730€77,730Operating result 2023: €121,118€121,118Net result 2023: €113,309€113,309Operating result 2024: €69,807€69,807Net result 2024: €57,822€57,822Operating result 2025: -€9,321-€9,321Net result 2025: -€10,519-€10,519Operating result 2025: €20,087€20,087Net result 2025: €16,354€16,35420222023202420252025-€25,000€0€25,000€50,000€75,000Operating result 2024: €69,807€69,800Net result 2024: €57,822€57,800Operating result 2025: -€9,321-€9,320Net result 2025: -€10,519-€10,500Operating result 2025: €20,087€20,100Net result 2025: €16,354€16,400202420252025
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Assets €131,035
Fixed assets €65,475 ▼ 3.7%
Current assets €65,560 ▼ 84.1%
Equity and liabilities €131,035
Equity €127,354 ▼ 70.5%
Debt €3,681 ▼ 92.4%
Debt's share of the balance-sheet total falls from 10.1% to 2.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2025
EBITDA
€20,768▲
2025 · -€4,376
Cash flow
€17,036▲
2025 · -€5,574
Debt to equity
0.03▼
2025 · 0.11
ROE
12.8%▲
2025 · -2.4%
Interest coverage
42.99▲
2025 · -1.61
Debt ≤ 1 year
€3,681▼
2025 · €33,285
Income taxes
€3,294▲
2025 · €0
Staff costs
€7,438▼
2025 · €136,417
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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 2025 · 57 lines
Balance sheet Code20252025
Assets
Total assets20/58€479,288€131,035▼
Fixed assets21/28€68,011€65,475▼
Tangible fixed assets22/27€68,011€65,475▼
Land and buildings22€66,156€65,475▼
Furniture and vehicles24€1,855-
Current assets29/58€411,277€65,560▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€5,709€32,334▲
Trade receivables40€3,011-
Other amounts receivable41€2,699€32,334▲
Cash at bank and in hand54/58€405,128€14,403▼
Deferred charges and accrued income490/1€440€18,823▲
Equity and liabilities
Total equity and liabilities10/49€479,288€131,035▼
Equity10/15€431,000€127,354▼
Contributions10/11€290,000€20,000▼
Reserves13€141,000€107,354▼
Non-distributable reserves130/1€29,642€642▼
Reserves not available under the articles1311€29,642€642▼
Tax-exempt reserves132€50,152€50,152=
Distributable reserves133€61,206€56,560▼
Profit (loss) carried forward14€0-
Amounts payable17/49€48,289€3,681▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€33,285€3,681▼
Current portion of amounts payable after more than one year42€24,959-
Trade debts44€8,172-
Suppliers440/4€8,172-
Taxes, remuneration and social security45€154€3,681▲
Taxes450/3€154€3,681▲
Remuneration and social security454/9€0-
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€15,004-
Income statement Code20252025
Non-recurring operating income76A€38,330-
Remuneration, social security and pensions62€136,417€7,438▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,945€681▼
Other operating charges640/8€10,784€9,831▼
Non-recurring operating charges66A-€1,855
Gross operating margin9900€142,824€39,893▼
Operating profit (loss)9901-€9,321€20,087▲
Financial income75/76B€1,528€45▼
Recurring financial income75€1,528€45▼
Financial charges65/66B€2,725€483▼
Recurring financial charges65€2,725€483▼
Profit (loss) for the period before taxes9903-€10,519€19,649▲
Income taxes67/77€0€3,294▲
Profit (loss) for the period9904-€10,519€16,354▲
Profit (loss) for the period to be appropriated9905-€10,519€16,354▲
Appropriation of the result
Profit (loss) to be appropriated9906-€10,519€16,354▲
Transfer from equity791/2€10,519€50,000▲
Transfer to equity691/2€0€16,354▲
To other reserves6921€0€16,354▲
Profit to be distributed694/7€0€50,000▲
Return on contributions (dividend)694-€50,000
Directors or managers695€0-
Social balance
Average headcount (FTE)90871.6-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202420252025Change
Non-recurring operating income76A---€38,330--
Remuneration, social security and pensions62€198,353€179,383€169,943€136,417€7,438-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,721€23,645€13,987€4,945€681-
Other operating charges640/8€9,873€10,265€10,530€10,784€9,831-
Non-recurring operating charges66A€22,498€0--€1,855-
Gross operating margin9900€341,918€334,411€264,268€142,824€39,893-
Operating profit (loss)9901€90,473€121,118€69,807-€9,321€20,087-
Financial income75/76B€9€0€130€1,528€45-
Recurring financial income75€9€0€130€1,528€45-
Financial charges65/66B€5,633€4,984€4,299€2,725€483-
Recurring financial charges65€5,633€4,984€4,299€2,725€483-
Profit (loss) for the period before taxes9903€84,849€116,134€65,639-€10,519€19,649-
Income taxes67/77€7,120€2,825€7,816€0€3,294-
Profit (loss) for the period9904€77,730€113,309€57,822-€10,519€16,354-
Profit (loss) for the period to be appropriated9905€77,730€113,309€57,822-€10,519€16,354-
Line20222023202420252025Change
Assets
Total assets20/58€912,221€926,828€966,025€479,288€131,035-
Fixed assets21/28€99,884€113,238€99,251€68,011€65,475-
Tangible fixed assets22/27€99,884€113,238€99,251€68,011€65,475-
Land and buildings22€74,168€68,535€67,345€66,156€65,475-
Plant, machinery and equipment23€792€396€0---
Furniture and vehicles24€24,924€44,308€31,906€1,855--
Current assets29/58€812,337€813,590€866,773€411,277€65,560-
Stocks and contracts in progress3€562,433€548,329€469,120€0--
Stocks30/36€562,433€548,329€469,120€0--
Amounts receivable within one year40/41€45,146€86,194€117,690€5,709€32,334-
Trade receivables40€30,733€39,318€83,409€3,011--
Other amounts receivable41€14,413€46,876€34,281€2,699€32,334-
Current investments50/53€101,334-----
Cash at bank and in hand54/58€103,424€179,067€279,963€405,128€14,403-
Deferred charges and accrued income490/1€0--€440€18,823-
Equity and liabilities
Total equity and liabilities10/49€912,221€926,828€966,025€479,288€131,035-
Equity10/15€407,887€421,196€441,518€431,000€127,354-
Contributions10/11€290,000€290,000€290,000€290,000€20,000-
Reserves13€117,887€131,196€151,518€141,000€107,354-
Non-distributable reserves130/1€29,642€29,642€29,642€29,642€642-
Reserves not available under the articles1311€29,642€29,642€29,642€29,642€642-
Tax-exempt reserves132€50,152€50,152€50,152€50,152€50,152-
Distributable reserves133€38,093€51,402€71,724€61,206€56,560-
Profit (loss) carried forward14€0€0€0€0--
Amounts payable17/49€504,334€505,632€524,506€48,289€3,681-
Amounts payable after more than one year17€108,949€94,324€44,758€0--
Financial debts170/4€108,949€94,324€44,758€0--
Amounts payable within one year42/48€391,802€407,726€476,166€33,285€3,681-
Current portion of amounts payable after more than one year42€41,091€48,746€49,566€24,959--
Trade debts44€21,356€26,231€17,172€8,172--
Suppliers440/4€21,356€26,231€17,172€8,172--
Taxes, remuneration and social security45€13,170€2,749€9,955€154€3,681-
Taxes450/3€1,597€2,749€1,116€154€3,681-
Remuneration and social security454/9€11,572€0€8,839€0--
Other amounts payable47/48€316,185€330,000€399,472€0--
Accrued charges and deferred income492/3€3,583€3,583€3,583€15,004--
Line20222023202420252025Change
Profit (loss) for the period9904€77,730€113,309€57,822-€10,519€16,354-
+ Depreciation and write-downs630€20,721€23,645€13,987€4,945€681-
Operating cash flow (approximation)€98,450€136,954€71,810-€5,574€17,036-
Investment in fixed assets (approximation)--€37,000€0€26,295--
Change in cash-€75,643€100,896€125,164--

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

2026
17-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €16,354
Net result €16,354 after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
28-02
Financial Weakest financial yearnet -€10,519
Net result drops to -€10,519, the lowest in the series; recovery starts the following year.
28-02
Financial Liquidity times 7current ratio 12.36
Current ratio from 1.82 to 12.36; short-term debt falls from €476,166 to €33,285.
2024
04-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2023
23-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2022
09-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
21-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
28-02
Financial Highest result since 2019net €169,829 ▲5.1%
Operating result €230,989, net result €169,829, both a record.
2020
22-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
25-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
26-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
22-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 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
7 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, Roeselare · 1 establishment unit since 1975
seat establishment The establishment unit on the map
Ground area
2,547 m²
Building footprint
68 m²
Volume, LiDAR
249 m³
Parcel 36015A0312/00T003, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Godshuislaan 19, 8800 Roeselare
NACE 36100
since 19752.011.316.774
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36015A0312/00T003 Flanders 2,546 m² 1 · 67 m² 9.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. ELEKTRO DEFORCE 100%
  2. LEMAVER

Highest known parent: ELEKTRO DEFORCE. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 1,513 companies in sector 47540 we hold annual accounts for 806. 651 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
Founded01-07-1975
Fiscal year end31-12
Activities, NACEBEL 2025
47540Retail sale of electrical household appliances
46431Wholesale of electrical household appliances and audio-video equipment
46620Wholesale of machine tools
47400Retail sale of information and communication equipment
47552Retail sale of lighting equipment
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0415318564
Registered 27-03-2026

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

Register as of 28 September 2026 · Peppol Directory

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