LEMLIGHT
ActiveSummary
LEMLIGHT has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.78M and a net result of €350k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 68% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▼-16
Solvency87▲+6
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 3.93 against 3.62 in 2024; short-term debt: 21.5% and cash: 19.8% of total assets), and 37.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.2%
Return on assets
12.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 €1.78M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
26 d late
2023
7 d early
2022
24 d early
2021
25 d early
2020
24 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.78M▲ 24.5%
2024 · €1.43M
2018: €1.46M
2019: €1.46M▼ -0.4% vs 2018
2020: €1.48M▲ +1.7% vs 2019
2021: €843k▼ -43.1% vs 2020
2022: €776k▼ -7.9% vs 2021lowest in 8 years
2023: €791k▲ +1.9% vs 2022
2024: €1.43M▲ +80.7% vs 2023
2025: €1.78M▲ +24.5% vs 2024highest in 8 years
2018 → 2025
Total assets
€2.86M▲ 12.5%
2024 · €2.55M
2018: €2.88Mhighest in 8 years
2019: €2.61M▼ -9.4% vs 2018
2020: €2.58M▼ -1.4% vs 2019
2021: €1.85M▼ -28.4% vs 2020
2022: €1.63M▼ -11.5% vs 2021lowest in 8 years
2023: €1.68M▲ +3.2% vs 2022
2024: €2.55M▲ +51.1% vs 2023
2025: €2.86M▲ +12.5% vs 2024
2018 → 2025
Net result
€350k▼ 45.2%
2024 · €638k
2018: €185k
2019: €-6k▼ -103% vs 2018
2020: €24k▲ +490% vs 2019
2021: €5k▼ -78.8% vs 2020
2022: €-67k▼ -1399% vs 2021lowest in 8 years
2023: €15k▲ +122% vs 2022
2024: €638k▲ +4288% vs 2023highest in 8 years
2025: €350k▼ -45.2% vs 2024
2018 → 2025
Working capital
€1.80M▲ 25.3%
2024 · €1.44M
2018: €1.44M
2019: €1.40M▼ -2.7% vs 2018
2020: €1.56M▲ +11.8% vs 2019
2021: €881k▼ -43.6% vs 2020
2022: €842k▼ -4.4% vs 2021
2023: €732k▼ -13.1% vs 2022lowest in 8 years
2024: €1.44M▲ +96.4% vs 2023
2025: €1.80M▲ +25.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€843k-€776k▼ 7.9%€791k▲ 1.9%€1.43M▲ 80.7%€1.78M▲ 24.5%
2021: €843k
2022: €776k▼ -7.9% vs 2021lowest in 5 years
2023: €791k▲ +1.9% vs 2022
2024: €1.43M▲ +80.7% vs 2023
2025: €1.78M▲ +24.5% vs 2024highest in 5 years
Operating result€11k-€-80k€19k€927k▲ 4,812%€506k▼ 45.5%
2021: €11k
2022: €-80k▼ -820% vs 2021lowest in 5 years
2023: €19k▲ +124% vs 2022
2024: €927k▲ +4812% vs 2023highest in 5 years
2025: €506k▼ -45.5% vs 2024
Net result€5k-€-67k€15k€638k▲ 4,288%€350k▼ 45.2%
2021: €5k
2022: €-67k▼ -1399% vs 2021lowest in 5 years
2023: €15k▲ +122% vs 2022
2024: €638k▲ +4288% vs 2023highest in 5 years
2025: €350k▼ -45.2% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 45% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.86M
Fixed assets
€448k ▼ 20.0%
Current assets
€2.42M ▲ 21.7%
Equity and liabilities €2.86M
Equity
€1.78M ▲ 24.5%
Provisions
€421k ▼ 1.9%
Debt
€662k ▼ 3.5%
Debt's share of the balance-sheet total falls from 27.0% to 23.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€558k▼
2024 · €973k
Cash flow
€403k▼
2024 · €684k
Current ratio
3.93▲
2024 · 3.62
Quick ratio
3.86▲
2024 · 3.58
Debt to equity
0.37▼
2024 · 0.48
ROE
19.7%▼
2024 · 44.7%
ROA
12.2%▼
2024 · 25.1%
Interest coverage
31.13▲
2024 · 30.95
Debt ≤ 1 year
€614k▲
2024 · €548k
Debt > 1 year
€42k▼
2024 · €133k
Income taxes
€170k▼
2024 · €297k
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 · 2025 against 2024 · 63 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.55M€2.86M▲
Fixed assets21/28€560k€448k▼
Tangible fixed assets22/27€552k€440k▼
Land and buildings22€537k€389k▼
Plant, machinery and equipment23€223€186▼
Furniture and vehicles24€15k€51k▲
Financial fixed assets28€8k€8k=
Current assets29/58€1.99M€2.42M▲
Stocks and contracts in progress3€20k€43k▲
Stocks30/36€11k€11k=
Contracts in progress37€9k€32k▲
Amounts receivable within one year40/41€603k€1.80M▲
Trade receivables40€147k€14k▼
Other amounts receivable41€456k€1.78M▲
Cash at bank and in hand54/58€1.36M€566k▼
Deferred charges and accrued income490/1€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€2.55M€2.86M▲
Equity10/15€1.43M€1.78M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.58M€1.93M▲
Non-distributable reserves130/1€71k€71k=
Legal reserve130€71k€71k=
Tax-exempt reserves132€423k€398k▼
Distributable reserves133€1.08M€1.46M▲
Profit (loss) carried forward14€-209k€-209k=
Provisions and deferred taxes16€430k€421k▼
Provisions for liabilities and charges160/5€224k€224k=
Pensions and similar obligations160€224k€224k=
Deferred taxes168€205k€197k▼
Amounts payable17/49€686k€662k▼
Amounts payable after more than one year17€133k€42k▼
Financial debts170/4€133k€42k▼
Amounts payable within one year42/48€548k€614k▲
Current portion of amounts payable after more than one year42€86k€91k▲
Trade debts44€199k€352k▲
Suppliers440/4€199k€352k▲
Advances received on contracts in progress46€178k-
Taxes, remuneration and social security45€60k€124k▲
Taxes450/3€60k€120k▲
Remuneration and social security454/9-€4k
Other amounts payable47/48€24k€48k▲
Accrued charges and deferred income492/3€5k€6k▲
Income statement
Code20242025
Non-recurring operating income76A€866k€238k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€52k▲
Other operating charges640/8€13k€11k▼
Gross operating margin9900€986k€569k▼
Operating profit (loss)9901€927k€506k▼
Financial income75/76B€33k€24k▼
Recurring financial income75€33k€24k▼
Financial charges65/66B€31k€18k▼
Recurring financial charges65€31k€18k▼
Profit (loss) for the period before taxes9903€929k€512k▼
Transfer from deferred taxes780€7k€8k▲
Income taxes67/77€297k€170k▼
Profit (loss) for the period9904€638k€350k▼
Transfer from tax-exempt reserves789€20k€25k▲
Profit (loss) for the period to be appropriated9905€659k€375k▼
Appropriation of the result
Profit (loss) to be appropriated9906€450k€166k▼
Profit (loss) brought forward from the previous period14P€-209k€-209k=
Transfer to equity691/2€659k€375k▼
To other reserves6921€659k€375k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | - | €866k | €238k | ▼ 72.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50k | €48k | €48k | €46k | €52k | ▲ 15.1% |
| Other operating charges640/8 | €15k | €10k | €11k | €13k | €11k | ▼ 19.5% |
| Non-recurring operating charges66A | €178 | - | - | - | - | - |
| Gross operating margin9900 | €76k | €-22k | €78k | €986k | €569k | ▼ 42.3% |
| Operating profit (loss)9901 | €11k | €-80k | €19k | €927k | €506k | ▼ 45.5% |
| Financial income75/76B | €12k | €83 | €11k | €33k | €24k | ▼ 26.8% |
| Recurring financial income75 | €12k | €83 | €11k | €33k | €24k | ▼ 26.8% |
| Financial charges65/66B | €10k | €8k | €16k | €31k | €18k | ▼ 42.9% |
| Recurring financial charges65 | €10k | €8k | €16k | €31k | €18k | ▼ 42.9% |
| Profit (loss) for the period before taxes9903 | €13k | €-88k | €14k | €929k | €512k | ▼ 44.9% |
| Transfer from deferred taxes780 | €5k | €21k | €5k | €7k | €8k | ▲ 23.3% |
| Income taxes67/77 | €13k | €148 | €4k | €297k | €170k | ▼ 42.8% |
| Profit (loss) for the period9904 | €5k | €-67k | €15k | €638k | €350k | ▼ 45.2% |
| Transfer from tax-exempt reserves789 | €21k | €5k | €21k | €20k | €25k | ▲ 23.3% |
| Profit (loss) for the period to be appropriated9905 | €27k | €-61k | €36k | €659k | €375k | ▼ 43.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.85M | €1.63M | €1.68M | €2.55M | €2.86M | ▲ 12.5% |
| Fixed assets21/28 | €792k | €742k | €720k | €560k | €448k | ▼ 20.0% |
| Tangible fixed assets22/27 | €784k | €734k | €712k | €552k | €440k | ▼ 20.3% |
| Land and buildings22 | €781k | €734k | €711k | €537k | €389k | ▼ 27.6% |
| Plant, machinery and equipment23 | €334 | €297 | €260 | €223 | €186 | ▼ 16.7% |
| Furniture and vehicles24 | €3k | - | €1k | €15k | €51k | ▲ 250% |
| Financial fixed assets28 | €8k | €8k | €8k | €8k | €8k | = |
| Current assets29/58 | €1.05M | €890k | €964k | €1.99M | €2.42M | ▲ 21.7% |
| Stocks and contracts in progress3 | €41k | €29k | €247k | €20k | €43k | ▲ 113% |
| Stocks30/36 | €11k | €11k | €11k | €11k | €11k | = |
| Contracts in progress37 | €30k | €18k | €236k | €9k | €32k | ▲ 247% |
| Amounts receivable within one year40/41 | €285k | €169k | €294k | €603k | €1.80M | ▲ 198% |
| Trade receivables40 | €115k | €35k | €128k | €147k | €14k | ▼ 90.5% |
| Other amounts receivable41 | €170k | €135k | €166k | €456k | €1.78M | ▲ 291% |
| Current investments50/53 | - | - | €200k | - | - | - |
| Cash at bank and in hand54/58 | €724k | €566k | €221k | €1.36M | €566k | ▼ 58.2% |
| Deferred charges and accrued income490/1 | €3k | €127k | €3k | €5k | €7k | ▲ 30.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.85M | €1.63M | €1.68M | €2.55M | €2.86M | ▲ 12.5% |
| Equity10/15 | €843k | €776k | €791k | €1.43M | €1.78M | ▲ 24.5% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €929k | €923k | €938k | €1.58M | €1.93M | ▲ 22.2% |
| Non-distributable reserves130/1 | €71k | €71k | €71k | €71k | €71k | = |
| Legal reserve130 | €71k | €71k | €71k | €71k | €71k | = |
| Tax-exempt reserves132 | €470k | €465k | €443k | €423k | €398k | ▼ 5.9% |
| Distributable reserves133 | €388k | €388k | €424k | €1.08M | €1.46M | ▲ 34.6% |
| Profit (loss) carried forward14 | €-148k | €-209k | €-209k | €-209k | €-209k | = |
| Provisions and deferred taxes16 | €463k | €442k | €436k | €430k | €421k | ▼ 1.9% |
| Provisions for liabilities and charges160/5 | €224k | €224k | €224k | €224k | €224k | = |
| Pensions and similar obligations160 | €224k | €224k | €224k | €224k | €224k | = |
| Deferred taxes168 | €239k | €217k | €212k | €205k | €197k | ▼ 4.0% |
| Amounts payable17/49 | €539k | €415k | €457k | €686k | €662k | ▼ 3.5% |
| Amounts payable after more than one year17 | €361k | €361k | €220k | €133k | €42k | ▼ 68.4% |
| Financial debts170/4 | €361k | €361k | €220k | €133k | €42k | ▼ 68.4% |
| Amounts payable within one year42/48 | €172k | €49k | €233k | €548k | €614k | ▲ 12.1% |
| Current portion of amounts payable after more than one year42 | €83k | - | €71k | €86k | €91k | ▲ 5.4% |
| Trade debts44 | €46k | €19k | €61k | €199k | €352k | ▲ 76.7% |
| Suppliers440/4 | €46k | €19k | €61k | €199k | €352k | ▲ 76.7% |
| Advances received on contracts in progress46 | - | - | - | €178k | - | - |
| Taxes, remuneration and social security45 | €38k | €22k | €98k | €60k | €124k | ▲ 105% |
| Taxes450/3 | €26k | €15k | €98k | €60k | €120k | ▲ 98.8% |
| Remuneration and social security454/9 | €11k | €7k | - | - | €4k | - |
| Other amounts payable47/48 | €5k | €8k | €3k | €24k | €48k | ▲ 96.0% |
| Accrued charges and deferred income492/3 | €6k | €5k | €5k | €5k | €6k | ▲ 17.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €-67k | €15k | €638k | €350k | ▼ 45.2% |
| + Depreciation and write-downs630 | €50k | €48k | €48k | €46k | €52k | ▲ 15.1% |
| Operating cash flow (approximation) | €55k | €-19k | €63k | €684k | €403k | ▼ 41.1% |
| Investment in fixed assets (approximation) | - | €3k | €-26k | €114k | €60k | ▼ 47.8% |
| Change in cash | - | €-159k | €-345k | €1.14M | €-790k | ▼ 170% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2018net €638k ▲4,288%
Operating result €927k, net result €638k, both a record.
31-12
Financial
Equity above €1MEq €1.43M ▲80.7%
2 profitable years in a row build equity to €1.43M.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-67k
Net result drops to €-67k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 18.35
Current ratio from 6.13 to 18.35; short-term debt falls from €172k to €49k.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
Show earlier events
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Heers · 1 establishment unit since 1999
Ground area
1,800 m²
Building footprint
305 m²
Volume, LiDAR
2,286 m³
Parcel 73022A0425/00C000, Flanders · tallest building 13.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Roppelaan(H.) 21, 3870 Heers
since 19992.102.288.027
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73022A0425/00C000 | Flanders | 1,800 m² | 1 · 305 m² | 13.3 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.
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Of 1,743 companies in sector 46150 we hold annual accounts for 758. 276 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-09-1980
Fiscal year end31-12
Activities, NACEBEL 2025
46150Agents in the wholesale of furniture, household goods and hardware
43230Insulation installation
81100Combined facilities support activities
Scores and ratios are computed by Checked and are not a credit decision.