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LEMM Engineering

Active
Private limited companyfounded 20206 yrs activeEugène Keymplein 42, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0740.798.896
Summary

LEMM Engineering has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16,861 and a net result of €3,890. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 58% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability87▲+87
Solvency89▲+10
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.95 in 2024; short-term debt: 35.9% and cash: 44% of total assets), and 35.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
64.1%
Return on assets
14.8%
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 07-06-2026, 54 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
54 d early
2024
45 d early
2023
47 d early
2022
55 d early
2021
53 d early
2020
53 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 51 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
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

On 6 January 2020, LEMM Engineering was incorporated as a Private limited company.1 Total assets went from EUR 25,050 in 2020 to EUR 26,300 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€16,861▲ 30.0%
2024 · €12,971
Total assets
€26,300▲ 8.5%
2024 · €24,241
Net result
€3,890
2024 · -€9,359
Working capital
€7,317▼ 31.6%
2024 · €10,693
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€22,525▲ 358%€3,878▼ 82.8%-€551-€9,084▼ 1,549%€4,203
Net result€16,436▲ 364%€2,243▼ 86.4%-€1,184-€9,359▼ 690%€3,890
Equity€25,977▲ 172%€28,220▲ 8.6%€27,036▼ 4.2%€12,971▼ 52.0%€16,861▲ 30.0%
Total assets€48,982▲ 95.5%€48,353▼ 1.3%€39,354▼ 18.6%€24,241▼ 38.4%€26,300▲ 8.5%
Debt€23,005▲ 48.3%€20,133▼ 12.5%€12,318▼ 38.8%€11,270▼ 8.5%€9,439▼ 16.2%
Working capital€4,334€7,125▲ 64.4%€6,489▼ 8.9%€10,693▲ 64.8%€7,317▼ 31.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2021: €22,525€22,525Net result 2021: €16,436€16,436Operating result 2022: €3,878€3,878Net result 2022: €2,243€2,243Operating result 2023: -€551-€551Net result 2023: -€1,184-€1,184Operating result 2024: -€9,084-€9,084Net result 2024: -€9,359-€9,359Operating result 2025: €4,203€4,203Net result 2025: €3,890€3,89020212022202320242025-€10,000-€5,000€0€5,000Operating result 2023: -€551-€551Net result 2023: -€1,184-€1,180Operating result 2024: -€9,084-€9,080Net result 2024: -€9,359-€9,360Operating result 2025: €4,203€4,200Net result 2025: €3,890€3,890202320242025
The operating result returns to profit in 2025: €4,203 after a loss of €9,084 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26,300
Fixed assets €9,544 ▲ 319%
Current assets €16,756 ▼ 23.7%
Equity and liabilities €26,300
Equity €16,861 ▲ 30.0%
Debt €9,439 ▼ 16.2%
Debt's share of the balance-sheet total falls from 46.5% to 35.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6,146▲
2024 · -€7,834
Cash flow
€5,833▲
2024 · -€8,109
Current ratio
1.78▼
2024 · 1.95
Debt to equity
0.56▼
2024 · 0.87
ROE
23.1%▲
2024 · -72.2%
ROA
14.8%▲
2024 · -38.6%
Interest coverage
50.79▲
2024 · -56.77
Debt ≤ 1 year
€9,439▼
2024 · €11,270
Income taxes
€201▲
2024 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,058 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% 1.6%
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 74% 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 26,964 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 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€24,241€26,300▲
Fixed assets21/28€2,278€9,544▲
Tangible fixed assets22/27€2,278€9,544▲
Plant, machinery and equipment23€2,278€2,715▲
Furniture and vehicles24-€6,829
Current assets29/58€21,963€16,756▼
Amounts receivable within one year40/41€4,538€4,704▲
Trade receivables40€4,538€4,689▲
Other amounts receivable41-€15
Cash at bank and in hand54/58€16,945€11,572▼
Deferred charges and accrued income490/1€480€480=
Equity and liabilities
Total equity and liabilities10/49€24,241€26,300▲
Equity10/15€12,971€16,861▲
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14€6,971€10,861▲
Amounts payable17/49€11,270€9,439▼
Amounts payable within one year42/48€11,270€9,439▼
Trade debts44€2,004€2,897▲
Suppliers440/4€2,004€2,897▲
Taxes, remuneration and social security45€4,890€6,034▲
Taxes450/3€4,890€6,034▲
Other amounts payable47/48€4,376€508▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,250€1,943▲
Other operating charges640/8€1,033€820▼
Gross operating margin9900-€6,801€6,966▲
Operating profit (loss)9901-€9,084€4,203▲
Financial income75/76B€3€9▲
Recurring financial income75€3€9▲
Financial charges65/66B€138€121▼
Recurring financial charges65€138€121▼
Profit (loss) for the period before taxes9903-€9,219€4,091▲
Income taxes67/77€140€201▲
Profit (loss) for the period9904-€9,359€3,890▲
Profit (loss) for the period to be appropriated9905-€9,359€3,890▲
Appropriation of the result
Profit (loss) to be appropriated9906€11,677€10,861▼
Profit (loss) brought forward from the previous period14P€21,036€6,971▼
Profit to be distributed694/7€4,706-
Return on contributions (dividend)694€4,706-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2€548€548€1,250€1,943▲ 55.4%
Other operating charges640/8€306€271€733€1,033€820▼ 20.6%
Gross operating margin9900€22,833€4,697€730-€6,801€6,966▲ 202%
Operating profit (loss)9901€22,525€3,878-€551-€9,084€4,203▲ 146%
Financial income75/76B--€3€3€9▲ 200%
Recurring financial income75--€3€3€9▲ 200%
Financial charges65/66B€80€140€121€138€121▼ 12.3%
Recurring financial charges65€80€140€121€138€121▼ 12.3%
Profit (loss) for the period before taxes9903€22,445€3,738-€669-€9,219€4,091▲ 144%
Income taxes67/77€6,009€1,495€515€140€201▲ 43.6%
Profit (loss) for the period9904€16,436€2,243-€1,184-€9,359€3,890▲ 142%
Profit (loss) for the period to be appropriated9905€16,436€2,243-€1,184-€9,359€3,890▲ 142%
Line20212022202320242025Change
Assets
Total assets20/58€48,982€48,353€39,354€24,241€26,300▲ 8.5%
Fixed assets21/28€21,643€21,095€20,547€2,278€9,544▲ 319%
Tangible fixed assets22/27€1,643€1,095€547€2,278€9,544▲ 319%
Plant, machinery and equipment23€1,643€1,095€547€2,278€2,715▲ 19.2%
Furniture and vehicles24----€6,829-
Financial fixed assets28€20,000€20,000€20,000---
Current assets29/58€27,339€27,258€18,807€21,963€16,756▼ 23.7%
Amounts receivable within one year40/41€194-€4,720€4,538€4,704▲ 3.7%
Trade receivables40€194-€4,719€4,538€4,689▲ 3.3%
Other amounts receivable41--€1-€15-
Cash at bank and in hand54/58€25,080€26,028€12,808€16,945€11,572▼ 31.7%
Deferred charges and accrued income490/1€2,065€1,230€1,279€480€480=
Equity and liabilities
Total equity and liabilities10/49€48,982€48,353€39,354€24,241€26,300▲ 8.5%
Equity10/15€25,977€28,220€27,036€12,971€16,861▲ 30.0%
Contributions10/11€6,000€6,000€6,000€6,000€6,000=
Profit (loss) carried forward14€19,977€22,220€21,036€6,971€10,861▲ 55.8%
Amounts payable17/49€23,005€20,133€12,318€11,270€9,439▼ 16.2%
Amounts payable within one year42/48€23,005€20,133€12,318€11,270€9,439▼ 16.2%
Trade debts44€2,002€5,869€1,526€2,004€2,897▲ 44.6%
Suppliers440/4€2,002€5,869€1,526€2,004€2,897▲ 44.6%
Taxes, remuneration and social security45€14,487€13,828€10,355€4,890€6,034▲ 23.4%
Taxes450/3€14,487€12,224€10,355€4,890€6,034▲ 23.4%
Remuneration and social security454/9-€1,604----
Other amounts payable47/48€6,516€436€437€4,376€508▼ 88.4%
Line20212022202320242025Change
Profit (loss) for the period9904€16,436€2,243-€1,184-€9,359€3,890▲ 142%
+ Depreciation and write-downs630€2€548€548€1,250€1,943▲ 55.4%
Operating cash flow (approximation)€16,438€2,791-€636-€8,109€5,833▲ 172%
Investment in fixed assets (approximation)-€0€0€17,019-€9,209▼ 154%
Change in cash-€948-€13,220€4,137-€5,373▼ 230%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €3,890
Net result €3,890 after 2 loss-making years.
16-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€9,359
Net result drops to -€9,359, the lowest in the series; recovery starts the following year.
14-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
06-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
08-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2020net €16,436 ▲364%
Operating result €22,525, net result €16,436, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 1.19
Current ratio from 0.33 to 1.19.
08-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Watermaal-Bosvoorde · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
2,504 m²
Building footprint
60 m²
Volume, LiDAR
506 m³
2 parcels, Brussels · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
11 companies at this address See who is registered here
1 establishment unit
LEMM Engineering
Guillaume Crocklaan 20, 1160 OudergemBusiness consulting
since 20202.298.012.251
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21017D0156/00P002 Brussels 2,374 m² - -
21332D0009/00V005 Brussels 130 m² 1 · 60 m² 10.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 holding

Owners 0

The accounts to 31-12-2023 list no shareholders, and no other source names one.

Holdings 1

According to the 2023 annual accounts of LEMM Engineering and those 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 82,642 companies in sector 70200 we hold annual accounts for 52,590. 28,748 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
Founded06-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
Contact
E-mail maxime.cheval@lemm-engineering.be
Phone +32486846686
E-invoicing
Reachable via Peppol
Peppol ID 0208:0740798896
Also 9925:BE0740798896
Registered 08-11-2025

Register as of 27 September 2026 · Peppol Directory

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