LEX
ActiveSummary
LEX has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,889 and a net result of €10,635. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 66% of 4670 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability93▲+11
Solvency72▲+10
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.37 in 2024; short-term debt: 40.6% and cash: 31.2% of total assets), but 52.7% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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
47.3%
Return on assets
19.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-04-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
34 d early
2023
on the day
2022
on the day
2021
on the day
2020
on the day
2019
2 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 9 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€25,889▲ 41.5%
2024 · €18,292
Total assets
€54,736▲ 9.7%
2024 · €49,896
Net result
€10,635▲ 105%
2024 · €5,186
Working capital
€17,487▲ 116%
2024 · €8,080
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€8,919▼ 42.3%-€4,781€15,806€8,312▼ 47.4%€18,453▲ 122%
Net result€5,128▼ 65.8%-€4,893€9,834€5,186▼ 47.3%€10,635▲ 105%
Equity€28,626▲ 21.8%€23,733▼ 17.1%€33,566▲ 41.4%€18,292▼ 45.5%€25,889▲ 41.5%
Total assets€44,690▼ 7.3%€45,556▲ 1.9%€44,187▼ 3.0%€49,896▲ 12.9%€54,736▲ 9.7%
Debt€16,064▼ 35.1%€21,823▲ 35.9%€10,621▼ 51.3%€31,604▲ 198%€28,847▼ 8.7%
Working capital€24,197▲ 7.6%€20,421▼ 15.6%€31,370▲ 53.6%€8,080▼ 74.2%€17,487▲ 116%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 122% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54,736
Fixed assets
€15,047 ▼ 25.4%
Current assets
€39,689 ▲ 33.5%
Equity and liabilities €54,736
Equity
€25,889 ▲ 41.5%
Debt
€28,847 ▼ 8.7%
Debt's share of the balance-sheet total falls from 63.3% to 52.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23,572▲
2024 · €11,503
Cash flow
€15,754▲
2024 · €8,376
Current ratio
1.79▲
2024 · 1.37
Debt to equity
1.11▼
2024 · 1.73
ROE
41.1%▲
2024 · 28.3%
ROA
19.4%▲
2024 · 10.4%
Interest coverage
12.90▲
2024 · 8.85
Debt ≤ 1 year
€22,202▲
2024 · €21,649
Debt > 1 year
€6,220▼
2024 · €9,954
Income taxes
€6,897▲
2024 · €3,720
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €903 | €1,116 | €1,116 | €3,190 | €5,119 | ▲ 60.5% |
| Other operating charges640/8 | €270 | €2,545 | €1,903 | €2,960 | €2,447 | ▼ 17.3% |
| Gross operating margin9900 | €10,092 | -€1,120 | €18,826 | €14,463 | €26,019 | ▲ 79.9% |
| Operating profit (loss)9901 | €8,919 | -€4,781 | €15,806 | €8,312 | €18,453 | ▲ 122% |
| Financial income75/76B | €377 | €1,704 | €1,685 | €1,893 | €905 | ▼ 52.2% |
| Recurring financial income75 | €377 | €1,704 | €1,685 | €1,893 | €905 | ▼ 52.2% |
| Financial charges65/66B | €806 | €1,686 | €1,873 | €1,300 | €1,827 | ▲ 40.5% |
| Recurring financial charges65 | €806 | €1,686 | €1,873 | €1,300 | €1,827 | ▲ 40.5% |
| Profit (loss) for the period before taxes9903 | €8,490 | -€4,763 | €15,619 | €8,906 | €17,531 | ▲ 96.9% |
| Income taxes67/77 | €3,362 | €130 | €5,785 | €3,720 | €6,897 | ▲ 85.4% |
| Profit (loss) for the period9904 | €5,128 | -€4,893 | €9,834 | €5,186 | €10,635 | ▲ 105% |
| Profit (loss) for the period to be appropriated9905 | €5,128 | -€4,893 | €9,834 | €5,186 | €10,635 | ▲ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €44,690 | €45,556 | €44,187 | €49,896 | €54,736 | ▲ 9.7% |
| Fixed assets21/28 | €4,428 | €3,312 | €2,196 | €20,166 | €15,047 | ▼ 25.4% |
| Tangible fixed assets22/27 | €4,428 | €3,312 | €2,196 | €20,166 | €15,047 | ▼ 25.4% |
| Plant, machinery and equipment23 | - | - | - | €18,992 | €14,760 | ▼ 22.3% |
| Furniture and vehicles24 | €4,428 | €3,312 | €2,196 | €1,174 | €287 | ▼ 75.6% |
| Current assets29/58 | €40,261 | €42,244 | €41,991 | €29,730 | €39,689 | ▲ 33.5% |
| Amounts receivable within one year40/41 | €38,741 | €37,064 | €33,611 | €23,083 | €22,631 | ▼ 2.0% |
| Trade receivables40 | €14,595 | €6,663 | €0 | €5,673 | €6,997 | ▲ 23.3% |
| Other amounts receivable41 | €24,146 | €30,402 | €33,611 | €17,410 | €15,634 | ▼ 10.2% |
| Cash at bank and in hand54/58 | €1,521 | €5,180 | €8,380 | €6,646 | €17,058 | ▲ 157% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €44,690 | €45,556 | €44,187 | €49,896 | €54,736 | ▲ 9.7% |
| Equity10/15 | €28,626 | €23,733 | €33,566 | €18,292 | €25,889 | ▲ 41.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €0 | - | - |
| Reserves13 | €10,026 | €10,026 | €14,966 | €18,292 | €25,889 | ▲ 41.5% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | €8,166 | €8,166 | €13,106 | €18,292 | €25,889 | ▲ 41.5% |
| Profit (loss) carried forward14 | - | -€4,893 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €16,064 | €21,823 | €10,621 | €31,604 | €28,847 | ▼ 8.7% |
| Amounts payable after more than one year17 | - | - | - | €9,954 | €6,220 | ▼ 37.5% |
| Financial debts170/4 | - | - | - | €9,954 | €6,220 | ▼ 37.5% |
| Amounts payable within one year42/48 | €16,064 | €21,823 | €10,621 | €21,649 | €22,202 | ▲ 2.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,591 | €3,734 | ▲ 4.0% |
| Financial debts43 | €6,928 | €5,735 | €1,705 | €4,564 | €3,605 | ▼ 21.0% |
| Credit institutions430/8 | €6,928 | €5,735 | €1,705 | €4,564 | €3,605 | ▼ 21.0% |
| Trade debts44 | €1,609 | €13,321 | €179 | €9,618 | €3,517 | ▼ 63.4% |
| Suppliers440/4 | €1,609 | €13,321 | €179 | €9,618 | €3,517 | ▼ 63.4% |
| Taxes, remuneration and social security45 | €4,469 | €2,324 | €8,736 | €3,877 | €8,308 | ▲ 114% |
| Taxes450/3 | €4,469 | €2,324 | €8,736 | €3,877 | €8,308 | ▲ 114% |
| Other amounts payable47/48 | €3,058 | €442 | €0 | - | €3,037 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €424 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,128 | -€4,893 | €9,834 | €5,186 | €10,635 | ▲ 105% |
| + Depreciation and write-downs630 | €903 | €1,116 | €1,116 | €3,190 | €5,119 | ▲ 60.5% |
| Operating cash flow (approximation) | €6,031 | -€3,777 | €10,950 | €8,376 | €15,754 | ▲ 88.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€21,160 | €0 | ▲ 100% |
| Change in cash | - | €3,659 | €3,201 | -€1,734 | €10,411 | ▲ 700% |
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
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-10
Financial
Back to profitnet €9,834
Net result €9,834 after one loss-making year.
31-10
Financial
Liquidity doublescurrent ratio 3.95
Current ratio from 1.94 to 3.95; short-term debt falls from €21,823 to €10,621.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-10
Financial
Weakest financial yearnet -€4,893
Net result drops to -€4,893, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-10
Financial
Highest result since 2018net €16,843 ▲125%
Net result €16,843, the highest in the series.
31-10
Financial
Liquidity times 5current ratio 1.69
Current ratio from 0.31 to 1.69; short-term debt falls from €14,009 to €11,303.
Show earlier events
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 152 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Antwerpen · 1 establishment unit since 2002
Ground area
413 m²
Building footprint
198 m²
Volume, LiDAR
2,857 m³
Parcel 11051B0378/00C004, Flanders · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Ré Lex
since 20022.100.544.896
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0378/00C004 | Flanders | 413 m² | 1 · 198 m² | 17.3 m · 5 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 24,863 companies in sector 96220 we hold annual accounts for 1,439. 1,179 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
Founded21-02-2002
Fiscal year end30-09
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
Scores and ratios are computed by Checked and are not a credit decision.