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LESMACO

Active
Private limited companyfounded 201411 yrs activeJozef Vinckstraat 21, 8630 Veurne, BelgiumKBO/BCE: BE 0567.521.165
Summary

LESMACO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€6,536) and a net result of €32,255. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 7814 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency15▲+15
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.81 against 0.61 in 2024; short-term debt: 110% and cash: 10.7% of total assets), and equity is negative.
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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 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-10%
Return on assets
49.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 11 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 7814 sector peers (2025).
NBB · sector comparison
Position among 7814 sector peers
Solvency
better than 10%
← weakest strongest →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 d early
2024
24 d early
2023
8 d early
2022
25 d early
2021
23 d early
2020
33 d early
2019
32 d early
← 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 22 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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 3 November 2014, LESMACO was incorporated.1 Total assets went from EUR 52,353 in 2018 to EUR 65,208 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€6,536▲ 83.1%
2024 · -€38,791
Total assets
€65,208▼ 5.9%
2024 · €69,325
Net result
€32,255▼ 66.1%
2024 · €95,200
Working capital
-€13,619▲ 63.0%
2024 · -€36,819
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€21,813▼ 61.6%-€206,695€47,230€106,609▲ 126%€37,203▼ 65.1%
Net result-€3,716-€216,168▼ 5,717%€37,800€95,200▲ 152%€32,255▼ 66.1%
Equity€44,376▼ 7.7%-€171,791-€133,992▲ 22.0%-€38,791▲ 71.0%-€6,536▲ 83.1%
Total assets€242,473▲ 12.1%€26,124▼ 89.2%€20,636▼ 21.0%€69,325▲ 236%€65,208▼ 5.9%
Debt€198,096▲ 17.8%€197,915▼ 0.1%€154,628▼ 21.9%€108,117▼ 30.1%€71,745▼ 33.6%
Working capital-€102,991▼ 76.4%-€133,162▼ 29.3%-€113,410▲ 14.8%-€36,819▲ 67.5%-€13,619▲ 63.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0€100,000Operating result 2021: €21,813€21,813Net result 2021: -€3,716-€3,716Operating result 2022: -€206,695-€206,695Net result 2022: -€216,168-€216,168Operating result 2023: €47,230€47,230Net result 2023: €37,800€37,800Operating result 2024: €106,609€106,609Net result 2024: €95,200€95,200Operating result 2025: €37,203€37,203Net result 2025: €32,255€32,25520212022202320242025€0€50,000€100,000Operating result 2023: €47,230€47,200Net result 2023: €37,800€37,800Operating result 2024: €106,609€107,000Net result 2024: €95,200€95,200Operating result 2025: €37,203€37,200Net result 2025: €32,255€32,300202320242025
The operating result falls in 2025; 2025 is 65% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65,208
Fixed assets €7,082 ▼ 37.2%
Current assets €58,126 ▲ 0.1%
Key figures and ratios
2025 value · change against 2024
EBITDA
€41,403▼
2024 · €111,391
Cash flow
€36,455▼
2024 · €99,983
Solvency
-10.0%▲
2024 · -56.0%
Current ratio
0.81▲
2024 · 0.61
Quick ratio
0.71▲
2024 · 0.61
Debt to equity
-10.98▼
2024 · -2.79
ROA
49.5%▼
2024 · 137.3%
Interest coverage
20.17▲
2024 · 9.76
Debt ≤ 1 year
€71,745▼
2024 · €94,862
Income taxes
€2,895
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,639 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
2.7% went bankrupt
4.9% stopped otherwise
92% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 3,639 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 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€69,325€65,208▼
Fixed assets21/28€11,282€7,082▼
Tangible fixed assets22/27€11,282€7,082▼
Land and buildings22€9,569€6,296▼
Furniture and vehicles24€1,713€786▼
Current assets29/58€58,043€58,126▲
Stocks and contracts in progress3-€7,110
Stocks30/36-€7,110
Amounts receivable within one year40/41€37,759€43,533▲
Trade receivables40€37,759€43,533▲
Cash at bank and in hand54/58€19,383€6,983▼
Deferred charges and accrued income490/1€901€500▼
Equity and liabilities
Total equity and liabilities10/49€69,325€65,208▼
Equity10/15-€38,791-€6,536▲
Contributions10/11€18,600€18,600=
Reserves13€6,860€6,860=
Distributable reserves133€6,860€6,860=
Profit (loss) carried forward14-€64,251-€31,996▲
Amounts payable17/49€108,117€71,745▼
Amounts payable after more than one year17€13,254-
Financial debts170/4€13,254-
Amounts payable within one year42/48€94,862€71,745▼
Current portion of amounts payable after more than one year42€22,392€13,254▼
Trade debts44€13,817€3,741▼
Suppliers440/4€13,817€3,741▼
Taxes, remuneration and social security45€5,378€7,975▲
Taxes450/3€5,378€7,975▲
Other amounts payable47/48€53,274€46,774▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,783€4,200▼
Other operating charges640/8€859€1,465▲
Gross operating margin9900€112,251€42,869▼
Operating profit (loss)9901€106,609€37,203▼
Financial charges65/66B€11,408€2,053▼
Recurring financial charges65€11,408€2,053▼
Profit (loss) for the period before taxes9903€95,200€35,150▼
Income taxes67/77-€2,895
Profit (loss) for the period9904€95,200€32,255▼
Profit (loss) for the period to be appropriated9905€95,200€32,255▼
Appropriation of the result
Profit (loss) to be appropriated9906-€64,251-€31,996▲
Profit (loss) brought forward from the previous period14P-€159,452-€64,251▲

The notes to these accounts (4 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€5,334€5,334€5,334€4,783€4,200▼ 12.2%
Other operating charges640/8€23,703€6,965€4,094€859€1,465▲ 70.5%
Non-recurring operating charges66A-€200,000----
Gross operating margin9900€50,850€5,604€56,657€112,251€42,869▼ 61.8%
Operating profit (loss)9901€21,813-€206,695€47,230€106,609€37,203▼ 65.1%
Financial income75/76B-€806----
Recurring financial income75-€6----
Non-recurring financial income76B-€800----
Financial charges65/66B€6,584€10,279€9,430€11,408€2,053▼ 82.0%
Recurring financial charges65€6,584€10,279€9,430€11,408€2,053▼ 82.0%
Profit (loss) for the period before taxes9903€15,229-€216,168€37,800€95,200€35,150▼ 63.1%
Income taxes67/77€18,945---€2,895-
Profit (loss) for the period9904-€3,716-€216,168€37,800€95,200€32,255▼ 66.1%
Transfer from tax-exempt reserves789-€800----
Transfer to tax-exempt reserves689-€800----
Profit (loss) for the period to be appropriated9905-€3,716-€216,168€37,800€95,200€32,255▼ 66.1%
Line20212022202320242025Change
Assets
Total assets20/58€242,473€26,124€20,636€69,325€65,208▼ 5.9%
Fixed assets21/28€226,733€21,399€16,065€11,282€7,082▼ 37.2%
Tangible fixed assets22/27€26,733€21,399€16,065€11,282€7,082▼ 37.2%
Land and buildings22€20,993€17,186€13,378€9,569€6,296▼ 34.2%
Furniture and vehicles24€5,740€4,214€2,687€1,713€786▼ 54.1%
Financial fixed assets28€200,000-----
Current assets29/58€15,740€4,724€4,571€58,043€58,126▲ 0.1%
Stocks and contracts in progress3€302---€7,110-
Stocks30/36€302---€7,110-
Amounts receivable within one year40/41€14,842€1,658€908€37,759€43,533▲ 15.3%
Trade receivables40€9,672€1,658€908€37,759€43,533▲ 15.3%
Other amounts receivable41€5,170-----
Cash at bank and in hand54/58€595€3,067€3,664€19,383€6,983▼ 64.0%
Deferred charges and accrued income490/1---€901€500▼ 44.5%
Equity and liabilities
Total equity and liabilities10/49€242,473€26,124€20,636€69,325€65,208▼ 5.9%
Equity10/15€44,376-€171,791-€133,992-€38,791-€6,536▲ 83.1%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€6,860€6,860€6,860€6,860€6,860=
Non-distributable reserves130/1€1,860€1,860----
Reserves not available under the articles1311€1,860€1,860----
Distributable reserves133€5,000€5,000€6,860€6,860€6,860=
Profit (loss) carried forward14€18,916-€197,251-€159,452-€64,251-€31,996▲ 50.2%
Amounts payable17/49€198,096€197,915€154,628€108,117€71,745▼ 33.6%
Amounts payable after more than one year17€79,208€57,629€35,647€13,254--
Financial debts170/4€79,208€57,629€35,647€13,254--
Amounts payable within one year42/48€118,730€137,886€117,981€94,862€71,745▼ 24.4%
Current portion of amounts payable after more than one year42€22,932€23,360€21,982€22,392€13,254▼ 40.8%
Financial debts43€64€2,579€1,939---
Credit institutions430/8€64€2,579€1,939---
Trade debts44€4,602€2,940€704€13,817€3,741▼ 72.9%
Suppliers440/4€4,602€2,940€704€13,817€3,741▼ 72.9%
Taxes, remuneration and social security45€44,064€39,706€7,968€5,378€7,975▲ 48.3%
Taxes450/3€31,987€17,966€7,968€5,378€7,975▲ 48.3%
Remuneration and social security454/9€12,078€21,740----
Other amounts payable47/48€47,068€69,300€85,389€53,274€46,774▼ 12.2%
Accrued charges and deferred income492/3€157€2,400€1,000---
Line20212022202320242025Change
Profit (loss) for the period9904-€3,716-€216,168€37,800€95,200€32,255▼ 66.1%
+ Depreciation and write-downs630€5,334€5,334€5,334€4,783€4,200▼ 12.2%
Operating cash flow (approximation)€1,618-€210,834€43,134€99,983€36,455▼ 63.5%
Investment in fixed assets (approximation)-€200,000€0€0€0-
Change in cash-€2,472€597€15,719-€12,399▼ 179%

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
23-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €95,200 ▲152%
Operating result €106,609, net result €95,200, both a record.
23-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €37,800
Net result €37,800 after 2 loss-making years.
06-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€216,168
Net result drops to -€216,168, the lowest in the series; recovery starts the following year.
08-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
12-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing Annual accounts filed
fiscal year 2016 · 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, Veurne · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
1,527 m²
Building footprint
210 m²
Volume, LiDAR
1,385 m³
Parcel 38025B0281/00L000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LMC Lescrauwaet Management Consulting
Jozef Vinckstraat 21, 8630 VeurneFinancial service activities, except insurance and pension funding
since 20142.236.965.597
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38025B0281/00L000 Flanders 1,526 m² 1 · 210 m² 9.4 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.

Similar companies · same sector, comparable size

Of 24,517 companies in sector 82990 we hold annual accounts for 9,415. 6,814 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
Founded03-11-2014
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
68110Buying and selling of own real estate
70200Business and other management consultancy
73200Market research and public opinion polling
Contact
E-mail mike.lescrauwaet@lesmaco.comVeurne
Phone 0475/731920Veurne
E-invoicing
Reachable via Peppol
Peppol ID 0208:0567521165
Also 9925:BE0567521165
Registered 01-09-2025

Register as of 27 September 2026 · Peppol Directory

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