Equity
€1.3m ▲ 28.5%
LEMCOOL has made a profit in every financial year since 2006.
LEMCOOL
Lifetime
20 annual accounts with figures on one time axis, 44 filings since 1982peak €2.5m (2025)
€2.5m▲ 8.4%
peak €627,929 (2025)
€627,929▲ 17.4%
peak €1.3m (2025)
€1.3m▲ 28.5%
€1.4m▼ 18.4%
peak 17.6 FTE (2025)
17.6 FTE▲ 4.1%
Board6 names since 2019
3 directorsJan Lemmens and 2 others
Owners4 names in the annual accounts
26.77%Rielem and 1 other
Documentsfilings and deeds
07-07-202624 days before the deadline
2025financial year
Demerger: LEMCOOL splits off to Rielem 21-03Demerger proposal: LEMCOOL splits off to RIELEM 21-01Dividend €350,000Equity from €976,588 to €1.3mDebts from €1.8m to €1.4mCash from €253,908 to €337,205
Key points
from the 2025 annual accountsTurnover
≈ €6.9m estimated
The accounts state no turnover.
Staff
20 employees on 31-12-2025
In 2025, 3 people joined and 1 left.
Filings
44 annual accounts since 1982
Two of the last ten came late. The 2017 accounts came latest: 21 days after the end of the period.
Restructuring
2025
Branch transferred to Rielem. Contribution on 21-03-2025.
Position in the sector
€627,929
Higher net result than 87% of companies in specialised construction. Sector median €42,671 · 2,464 companies.
Checked score
95
Excellent
Financially stronger than 71% of small companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.3%▲ +0.1 percentage points vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.2%▼ -0.2 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.3%▲ +0.1 percentage points vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 1981
Liquidity: current ratio 1.94, cash €337,205
Profit of €627,929 (financial year 2025)
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, small). It does better than 62% of them on solvency, 43% on liquidity, 95% on profitability and 83% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as LEMCOOL has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of LEMCOOL itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for LEMCOOL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.94 (1.53 in 2024), above the usual 1.5. Short-term debt is 49.2% and cash 12.5% of total assets. However, 53.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.3m
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 days early
2024
30 days early
2023
43 days early
2022
32 days early
2021
33 days early
2020
2 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 23 days before 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- LNR Consult 63.23%equity €674,415 (2025) · 2025 annual accounts of LNR Consult
- LOMBES 26.77%score 94equity €941,298 (2025) · 2021 annual accounts of LOMBES
- Rielem 26.77%score 95equity €1.0m (2025) · 2025 annual accounts of Rielem
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0422007903
Demerger proposal: LEMCOOL splits off to RIELEM
LNRConsultBV holds 9,052 shares (63.23%) · L&BConsultingBV holds 1,432 shares (10%) · RIELEM holds 3,833 shares (26.77%) · Gazette deed
3 directors appointed, 1 resignation, 1 reappointment
Reappointment: Jan Lemmens · Resignation: Rien Lemmens · Appointments: LNR CONSULT (managing director), Marc Eugeen Maria LEMMENS and Jan Lemmens (managing director) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LEMCOOL Lier | €2.7m | €2.5m | 46.6% | 17.6 |
| AIRQUALITY GROUP Duffel | €2.4m | €2.4m | 48.6% | 22.5 |
| WILLEMSEN ANDRE Arendonk | €2.2m | €1.7m | 44.5% | 17.9 |
| LEMMENS CV Arendonk | €3.1m | €2.1m | 18.0% | 12.7 |
| GOSSEYE Wortegem-Petegem | €3.4m | €2.4m | 62.5% | 19.9 |
| OTTO JOUCK ET FILS - OTTO JOUCK UND SOHN Butgenbach | €3.3m | €1.9m | 76.4% | 19.5 |
| Etablissements Roger Myaux Beaumont | €2.7m | €1.9m | 35.1% | 19.3 |
These companies have the same main activity as LEMCOOL: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €2.2m and €3.4m, founded between 1971 and 1989.
Official details
Source: KBO- Status
- Active since 12-10-1981Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 2 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 149Sectors related to metal, mechanical and electrical engineering · annual accounts 2025
- Establishment unit
- 2.019.698.9602500 Lier, since 01-12-1981
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €2.7m▼ 1.7%
- Employeeson 31-12-2025
- 20▲ 11.1%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Companies linked to LEMCOOL
Shareholders
Insights on LEMCOOL
LEMCOOL has existed since 1981. The present size dates from 2008. The gross margin rose that year from €132,071 to €950,811.
The gross margin has grown every year since 2020. Solvency rose in 2025 from 35.6% to 46.6% because of lower debts.
LNR Consult holds 63.23% of the shares. In January 2024, the Official Gazette published the appointment of LNR Consult as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LEMCOOL
- What is the company number of LEMCOOL?
- The company number of LEMCOOL is 0422.007.903. The VAT number is the same number with BE in front: BE 0422.007.903.
- Where is LEMCOOL based?
- The registered office is at Ploeghoeveweg 1, 2500 Lier.Company details
- What does LEMCOOL 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 LEMCOOL?
- LEMCOOL is a public limited company (NV).
- When was LEMCOOL founded?
- LEMCOOL was founded on 12-10-1981.
- Is LEMCOOL still active?
- Yes, LEMCOOL is an active enterprise in the KBO register.
- How many employees does LEMCOOL have?
- LEMCOOL had an average of 17.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LEMCOOL fall under?
- In its 2025 annual accounts, LEMCOOL states joint committees 200 (Auxiliary committee for white-collar workers) and 149 (Sectors related to metal, mechanical and electrical engineering).
- What is the turnover of LEMCOOL?
- The turnover in financial year 2025 is ≈ €6.9m. This figure is estimated from the gross margin of €2.5m and 30 comparable companies (NACE 432). It probably lies between €5.7m and €8.6m.
- Is LEMCOOL profitable?
- In financial year 2025, LEMCOOL made a profit of €627,929.
- Where can I find the annual accounts of LEMCOOL?
- LEMCOOL filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LEMCOOL due?
- LEMCOOL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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