Financials
- Fiscal year
- 2024
- Total assets
- €392,007
- Profit
- €228,995
- Solvency
- 59.1%
Total assets▲ 1,470%
Net result
20232024
LEMES GROUP
ActiveSummary
The computed 12-month bankruptcy probability of LEMES GROUP is 16.5% (high). The 2024 annual accounts show equity of €231,676 and a net result of €228,995. Its solvency ranks better than 68% of 9971 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201
Size
€392,007total assets 2024
- Equity
- €231,676
- Profit
- €228,995
Turnover not published (abridged schema)
Structure
Accounts 64 d overdue0 of 1 deed read
Why 20- 1 financial year not filed after the legal deadline; latest accounts 262 days late; 1 of the last 3 late- No establishment unit in the KBO- Liquidity: current ratio 2.37, cash €60, halved- Figures for FY 2024 (filed 22-04-2026)Show the evidence
Checked score
Score 2024
20
/ 100
Critical
Probability in this band: over 15.0%
Better than 71% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
84+48
equity 59.1% of total assets
Liquidity
31+27
short-term debt 40.9% · cash 0.0%
Profitability
100+56
return on assets 58.4%
Bankruptcy probability, 12 months
16.5%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 6.7%lowest value
12-2024: 6.7%● 0.0% vs 11-2024lowest value
01-2025: 7.0%▲ +4.9% vs 12-2024
02-2025: 7.0%● 0.0% vs 01-2025
03-2025: 7.1%▲ +1.1% vs 02-2025
04-2025: 7.3%▲ +3.2% vs 03-2025
05-2025: 7.6%▲ +2.9% vs 04-2025
06-2025: 7.6%▲ +0.1% vs 05-2025
07-2025: 8.0%▲ +5.1% vs 06-2025
08-2025: 8.7%▲ +9.7% vs 07-2025
09-2025: 8.8%▲ +1.0% vs 08-2025
10-2025: 9.1%▲ +3.0% vs 09-2025
11-2025: 9.1%▲ +0.2% vs 10-2025
12-2025: 10.1%▲ +10.6% vs 11-2025
01-2026: 12.3%▲ +22.4% vs 12-2025
02-2026: 12.3%● 0.0% vs 01-2026
03-2026: 12.5%▲ +1.5% vs 02-2026
04-2026: 11.4%▼ -8.5% vs 03-2026
05-2026: 14.3%▲ +25.3% vs 04-2026
06-2026: 13.9%▼ -2.8% vs 05-2026
07-2026: 13.3%▼ -4.5% vs 06-2026
08-2026: 14.1%▲ +6.4% vs 07-2026
09-2026: 14.7%▲ +3.7% vs 08-2026
10-2026: 16.5%▲ +12.6% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 262 days late; 1 of the last 3 late raises the probability
- No establishment unit in the KBO raises the probability
- Liquidity: current ratio 2.37, cash €60, halved raises the probability
- Figures for FY 2024 (filed 22-04-2026) raises the probability
No credit on open account
Liquidity ample (current ratio 2.37 against 1.12 in 2023; short-term debt: 40.9% and cash: 0% of total assets), and 40.9% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 68%, liquidity 26%, profitability 92%, growth against the median 99%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-04-2026, 262 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
262 d late
2023
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 146 days after 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)
- Annual accounts filedfiscal year 2024 · micro…
- Liquidity doublescurrent ratio 2.37
- Equity above €200,000Eq €231,676 ▲8,543%
Key points
By topic
Timeline
- Events
- 4
- Since
- 2024
- 19-04-2026Annual accounts filed
- 31-12-2024Liquidity doubles
- 31-12-2024Equity above €200,000
Company details
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 26-05-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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