LEMCON
ActiveSummary
LEMCON has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €255k and a net result of €41k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 28% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+1
Solvency36▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.99 in 2023; short-term debt: 87% and cash: 1.1% of total assets), and 89.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
30 d late
2022
31 d late
2021
30 d late
2020
27 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€255k▲ 19.2%
2023 · €214k
2018: €80k
2019: €90k
2020: €102k
2021: €122k
2022: €185k
2023: €214k
2018 → 2024
Total assets
€2.40M▼ 19.7%
2023 · €2.99M
2018: €596k
2019: €478k
2020: €1.25M
2021: €2.31M
2022: €3.04M
2023: €2.99M
2018 → 2024
Net result
€41k▲ 41.8%
2023 · €29k
2018: €15k
2019: €10k
2020: €11k
2021: €20k
2022: €63k
2023: €29k
2018 → 2024
Working capital
€-33k▲ 1.6%
2023 · €-34k
2018: €-52k
2019: €-61k
2020: €-66k
2021: €84k
2022: €95k
2023: €-34k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€102k-€122k▲ 19.8%€185k▲ 52.2%€214k▲ 15.7%€255k▲ 19.2%
Operating result€16k-€32k▲ 98.4%€87k▲ 175%€52k▼ 40.9%€72k▲ 40.7%
Net result€11k-€20k▲ 80.1%€63k▲ 215%€29k▼ 54.3%€41k▲ 41.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 41% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.40M
Fixed assets
€346k ▲ 15.4%
Current assets
€2.06M ▼ 23.6%
Equity and liabilities €2.40M
Equity
€255k ▲ 19.2%
Debt
€2.15M ▼ 22.7%
Debt's share of the balance-sheet total falls from 92.8% to 89.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€156k▲
2023 · €93k
Cash flow
€124k▲
2023 · €70k
Current ratio
0.98▼
2023 · 0.99
Quick ratio
0.91▼
2023 · 0.97
Debt to equity
8.42▼
2023 · 12.98
ROE
16.1%▲
2023 · 13.5%
ROA
1.7%▲
2023 · 1.0%
Interest coverage
19.21▲
2023 · 14.53
Debt ≤ 1 year
€2.09M▼
2023 · €2.73M
Debt > 1 year
€58k▲
2023 · €52k
Income taxes
€24k▲
2023 · €16k
Staff costs
€827k▲
2023 · €683k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.99M€2.40M▼
Fixed assets21/28€300k€346k▲
Tangible fixed assets22/27€300k€346k▲
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€147k€166k▲
Furniture and vehicles24€141k€169k▲
Other tangible fixed assets26€8k€7k▼
Current assets29/58€2.69M€2.06M▼
Stocks and contracts in progress3€36k€146k▲
Stocks30/36€36k€146k▲
Amounts receivable within one year40/41€2.62M€1.88M▼
Trade receivables40€2.16M€1.29M▼
Other amounts receivable41€452k€591k▲
Cash at bank and in hand54/58€42k€26k▼
Equity and liabilities
Total equity and liabilities10/49€2.99M€2.40M▼
Equity10/15€214k€255k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€200k€241k▲
Amounts payable17/49€2.78M€2.15M▼
Amounts payable after more than one year17€52k€58k▲
Financial debts170/4€52k€58k▲
Amounts payable within one year42/48€2.73M€2.09M▼
Current portion of amounts payable after more than one year42€35k€50k▲
Trade debts44€2.42M€1.76M▼
Suppliers440/4€2.42M€1.76M▼
Taxes, remuneration and social security45€57k€61k▲
Taxes450/3€45k€40k▼
Remuneration and social security454/9€12k€21k▲
Other amounts payable47/48€218k€218k=
Income statement
Code20232024
Non-recurring operating income76A€513k-
Remuneration, social security and pensions62€683k€827k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€83k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€780k€987k▲
Operating profit (loss)9901€52k€72k▲
Financial income75/76B€92€291▲
Recurring financial income75€92€291▲
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€45k€65k▲
Income taxes67/77€16k€24k▲
Profit (loss) for the period9904€29k€41k▲
Profit (loss) for the period to be appropriated9905€29k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€200k€241k▲
Profit (loss) brought forward from the previous period14P€171k€200k▲
Social balance
Average headcount (FTE)908710.912.9▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
21-09
State Gazette act
Resignation: Chanteux Frédéric (director)Director discharge3 facts ▸
State Gazette act
Resignation: Chanteux Frédéric (director)
Director discharge3 facts ▸
- General meeting, 01-01-2026
- Director resignation, Chanteux Frédéric (director)
- Director discharge, Chanteux Frédéric
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Equity above €200kEq €214k ▲15.7%
6 profitable years in a row build equity to €214k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €63k ▲215%
Operating result €87k, net result €63k, both a record.
31-12
Financial
Equity above €150kEq €185k ▲52.2%
5 profitable years in a row build equity to €185k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Equity above €100kEq €102k ▲12.4%
3 profitable years in a row build equity to €102k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €10k ▼33.4%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
19-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 19 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-01-2026
Resigned as Director
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2015
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.
Naamsestraat 123000 LeuvenGround area
1,380 m²
Building footprint
754 m²
Volume, LiDAR
5,312 m³
2 parcels, Flanders · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
LEMCON
since 20152.247.626.590
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514A0060/00T003 | Flanders | 1,210 m² | 1 · 588 m² | 4.7 m · 1 fl. |
| 24504D0433/00C000 | Flanders | 169 m² | 1 · 166 m² | 21.0 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
LA PASSION DU TOIT
BE 1005.204.367
Fleurus · Eq €254,980
LS CONSTRUCT
BE 0695.775.753
Kapellen · Eq €255,655
BOUWINVEST
BE 0475.334.642
Heusden-Zolder · Eq €255,749
J & M BUILDING
BE 0717.952.626
Pelt · Eq €254,343
EMILAR
BE 0457.921.855
Heist-op-den-Berg · Eq €256,179
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,234 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-09-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.