Financials
- Fiscal year
- 2025
- Total assets
- €641,868
- Profit
- €92,638
- Solvency
- -0.9%
Total assets▼ 37.7%
Net result
20182025
LEMON GROUP
ActiveSummary
LEMON GROUP has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5,621) and a net result of €92,638. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 2204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Activity
Promotion and organisation of arts and performing arts events
NACE 90391NACE 90021
#4 company by total assets in Brecht, Arts, sports and recreation sector1 site
Size
€641,868total assets 2025
- Equity
- -€5,621
- Profit
- €92,638
Turnover not published (abridged schema)
Structure
- Largest shareholder
- ASTERX HORECA · 50%
Accounts filed 61 d late2 of 9 deeds read
Why 55Capped at 59: negative equity- Liquidity: current ratio 0.07, cash €1,065- Latest accounts 61 days late; 2 of the last 3 late- Negative equity -€5,621+ Size: total assets €641,868Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 45% of its sector peers (NACE 90, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
24+9
equity -0.9% of total assets
Liquidity
0-3
short-term debt 96.0% · cash 0.2%
Profitability
87+72
return on assets 14.4%
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 10 months
01-2026: 3.8%
02-2026: 3.9%▲ +1.3% vs 01-2026highest value
03-2026: 3.9%● 0.0% vs 02-2026highest value
04-2026: 3.8%▼ -1.9% vs 03-2026
05-2026: 3.5%▼ -8.5% vs 04-2026
06-2026: 3.4%▼ -2.9% vs 05-2026
07-2026: 1.8%▼ -47.7% vs 06-2026
08-2026: 2.2%▲ +23.9% vs 07-2026
09-2026: 2.2%▲ +2.3% vs 08-2026
10-2026: 1.1%▼ -49.6% vs 09-2026lowest value
- Liquidity: current ratio 0.07, cash €1,065 raises the probability
- Latest accounts 61 days late; 2 of the last 3 late raises the probability
- Size: total assets €641,868 lowers the probability for this profile
- Negative equity -€5,621 raises the probability
No credit on open account
Liquidity short (current ratio 0.07 against 0.3 in 2024; short-term debt: 96% and cash: 0.2% of total assets), and equity is negative.
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 90, micro). Better than this share of them on solvency 16%, liquidity 2%, profitability 72%, growth against the median 91%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 2204 sector peers (2025).
NBB · sector comparisonPosition among 2204 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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
61 d late
2024
61 d late
2023
19 d late
2022
8 d late
2021
31 d early
2020
31 d late
2019
69 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% 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. Usually files around 20 August (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Resignation: Geeraerts Christophe (director)Permanent representative: Wens André ·…
- Resignation: Christophe Geeraerts (director)State Gazette act
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€5,621 View
- Positive: Equity rose in 2025from -€98,259 to -€5,621 ▲ 94.3% View
- Caution: Among the weakest 14% on equitysector median €42,908 · 2,206 companies -€5,621 View
- Caution: Latest accounts filed lateafter the legal deadline 61 d View
- A director leftlatest change 11-11-2025 · 0 in office 1 left View
By topic
Board & ownership
- Largest shareholder
- ASTERX HORECA · 50%
Timeline
- Events
- 16
- Since
- 2017
- Next accounts
- by 31-07-2027
- 30-09-2026Annual accounts filed
- 22-07-2026Resignation: Geeraerts Christophe (director)
- 10-07-2026Resignation: Christophe Geeraerts (director)
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Promotion and organisation of arts and performing arts…NACE 90391
- Founded
- 09-10-2009
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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