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LEX@LYS

Active
Private limited company (pre-2019)founded 2018active for 8 yearsChaussée de Louvain 431F, 1380 Lasne, BelgiumKBO/BCE: BE 0691.908.621
Summary

LEX@LYS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €131,711 and a net result of €6,557. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 22% of 249 sector peers (NACE 69, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2026, micro format

Equity
€131,711▲ 5.2%
2025 · €125,154
Total assets
€518,138▲ 25.1%
2025 · €414,203
Net result
€6,557
2025 · -€1,597
Working capital
€133,101▲ 6.9%
2025 · €124,558
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result recovers in 2026; 2026 is 2,751% above 2025.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€12,117 2026 Net result€6,557 2026

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result€38,278-€19,306▼ 49.6%€22,526▲ 16.7%€60,609▲ 169%-€1,623€24,305€425▼ 98.3%€12,117▲ 2,751%
Net result€26,735-€13,334▼ 50.1%€16,721within the sector's middle half▲ 25.4%€47,759within the sector's middle half▲ 186%-€1,640below the sector's middle half€17,443within the sector's middle half-€1,597below the sector's middle half€6,557
Equity€33,135-€46,468▲ 40.2%€63,190within the sector's middle half▲ 36.0%€110,948within the sector's middle half▲ 75.6%€109,309within the sector's middle half▼ 1.5%€126,751within the sector's middle half▲ 16.0%€125,154within the sector's middle half▼ 1.3%€131,711▲ 5.2%
Total assets€149,641-€231,286▲ 54.6%€260,761within the sector's middle half▲ 12.7%€378,311within the sector's middle half▲ 45.1%€251,301within the sector's middle half▼ 33.6%€416,474within the sector's middle half▲ 65.7%€414,203within the sector's middle half▼ 0.5%€518,138▲ 25.1%
Debt€116,506-€184,818▲ 58.6%€197,572▲ 6.9%€267,363▲ 35.3%€141,992▼ 46.9%€289,723▲ 104%€289,049▼ 0.2%€386,427▲ 33.7%
Working capital€33,135-€47,557▲ 43.5%€61,748within the sector's middle half▲ 29.8%€111,191within the sector's middle half▲ 80.1%€108,718within the sector's middle half▼ 2.2%€125,721within the sector's middle half▲ 15.6%€124,558within the sector's middle half▼ 0.9%€133,101▲ 6.9%
Solvency22.1%-20.1%▼ 2.1pp24.2%below the sector's middle half▲ 4.1pp29.3%within the sector's middle half▲ 5.1pp43.5%within the sector's middle half▲ 14.2pp30.4%below the sector's middle half▼ 13.1pp30.2%within the sector's middle half▼ 0.2pp25.4%▼ 4.8pp
Current ratio1.28-1.26▼ 0.031.31within the sector's middle half▲ 0.051.42within the sector's middle half▲ 0.111.77within the sector's middle half▲ 0.351.43within the sector's middle half▼ 0.331.43within the sector's middle half=1.35▼ 0.09
Return on assets (ROA)17.9%-5.8%▼ 12.1pp6.4%within the sector's middle half▲ 0.6pp12.6%within the sector's middle half▲ 6.2pp-0.7%below the sector's middle half▼ 13.3pp4.2%below the sector's middle half▲ 4.8pp-0.4%below the sector's middle half▼ 4.6pp1.3%▲ 1.7pp
above within below the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €518,138
Fixed assets €163 ▼ 72.7%
Current assets €517,975 ▲ 25.2%
Equity and liabilities €518,138
Equity €131,711 ▲ 5.2%
Debt €386,427 ▲ 33.7%
Debt's share of the balance-sheet total rises from 69.8% to 74.6%. Equity and debt are higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
€12,551▲
2025 · €859
Cash flow
€6,990▲
2025 · -€1,163
Debt to equity
2.93▲
2025 · 2.31
ROE
5.0%▲
2025 · -1.3%
Interest coverage
over 100▲
2025 · 7.88
Debt ≤ 1 year
€384,875▲
2025 · €289,049
Income taxes
€5,482▲
2025 · €1,913
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,372 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.9% went bankrupt
1.5% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 2,372 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 · 2026 against 2025 · 37 lines
Balance sheet Code20252026
Assets
Total assets20/58€414,203€518,138▲
Fixed assets21/28€596€163▼
Tangible fixed assets22/27€596€163▼
Furniture and vehicles24€596€163▼
Current assets29/58€413,607€517,975▲
Amounts receivable within one year40/41€302,583€437,752▲
Trade receivables40€302,583€437,700▲
Other amounts receivable41-€52
Cash at bank and in hand54/58€98,745€72,195▼
Deferred charges and accrued income490/1€12,279€8,028▼
Equity and liabilities
Total equity and liabilities10/49€414,203€518,138▲
Equity10/15€125,154€131,711▲
Contributions10/11€6,400€6,400=
Reserves13€1,337€1,337=
Non-distributable reserves130/1€1,337€1,337=
Reserves not available under the articles1311€1,337€1,337=
Profit (loss) carried forward14€117,417€123,974▲
Amounts payable17/49€289,049€386,427▲
Amounts payable within one year42/48€289,049€384,875▲
Trade debts44€280,233€340,748▲
Suppliers440/4€280,233€340,748▲
Taxes, remuneration and social security45€4,044€38,350▲
Taxes450/3€4,044€38,350▲
Other amounts payable47/48€4,772€5,777▲
Accrued charges and deferred income492/3-€1,553
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€434€434=
Other operating charges640/8€487€450▼
Gross operating margin9900€1,346€13,000▲
Operating profit (loss)9901€425€12,117▲
Financial charges65/66B€109€78▼
Recurring financial charges65€109€78▼
Profit (loss) for the period before taxes9903€316€12,039▲
Income taxes67/77€1,913€5,482▲
Profit (loss) for the period9904-€1,597€6,557▲
Profit (loss) for the period to be appropriated9905-€1,597€6,557▲
Appropriation of the result
Profit (loss) to be appropriated9906€117,417€123,974▲
Profit (loss) brought forward from the previous period14P€119,015€117,417▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€861-€3€594€594€862€434€434=
Other operating charges640/8---€398€398€434€487€450▼ 7.7%
Gross operating margin9900€39,487€20,942€22,877€61,600-€632€25,601€1,346€13,000▲ 866%
Operating profit (loss)9901€38,278€19,306€22,526€60,609-€1,623€24,305€425€12,117▲ 2,751%
Financial income75/76B----€40----
Recurring financial income75€0€1--€40----
Financial charges65/66B---€39€57€70€109€78▼ 28.0%
Recurring financial charges65€27€144€42€39€57€70€109€78▼ 28.0%
Profit (loss) for the period before taxes9903€38,251€19,163€22,484€60,570-€1,640€24,235€316€12,039▲ 3,709%
Income taxes67/77€11,516€5,829€5,763€12,811-€6,792€1,913€5,482▲ 187%
Profit (loss) for the period9904€26,735€13,334€16,721€47,759-€1,640€17,443-€1,597€6,557▲ 511%
Profit (loss) for the period to be appropriated9905€26,735€13,334€16,721€47,759-€1,640€17,443-€1,597€6,557▲ 511%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€149,641€231,286€260,761€378,311€251,301€416,474€414,203€518,138▲ 25.1%
Fixed assets21/28--€1,777€1,184€590€1,030€596€163▼ 72.7%
Tangible fixed assets22/27--€1,777€1,184€590€1,030€596€163▼ 72.7%
Furniture and vehicles24---€1,184€590€1,030€596€163▼ 72.7%
Current assets29/58€149,641€231,286€258,984€377,127€250,711€415,444€413,607€517,975▲ 25.2%
Amounts receivable within one year40/41€127,187€188,107€176,002€282,563€173,319€266,027€302,583€437,752▲ 44.7%
Trade receivables40---€282,388€173,319€257,509€302,583€437,700▲ 44.7%
Other amounts receivable41---€175-€8,517-€52-
Cash at bank and in hand54/58€16,187€36,689€74,045€91,502€72,943€136,368€98,745€72,195▼ 26.9%
Deferred charges and accrued income490/1---€3,062€4,448€13,050€12,279€8,028▼ 34.6%
Equity and liabilities
Total equity and liabilities10/49€149,641€231,286€260,761€378,311€251,301€416,474€414,203€518,138▲ 25.1%
Equity10/15€33,135€46,468€63,190€110,948€109,309€126,751€125,154€131,711▲ 5.2%
Contributions10/11€6,400--€6,400€6,400€6,400€6,400€6,400=
Reserves13€1,337€1,337€1,337€1,337€1,337€1,337€1,337€1,337=
Non-distributable reserves130/1---€1,337€1,337€1,337€1,337€1,337=
Reserves not available under the articles1311---€1,337€1,337€1,337€1,337€1,337=
Profit (loss) carried forward14€25,398€38,732€55,453€103,212€101,572€119,015€117,417€123,974▲ 5.6%
Amounts payable17/49€116,506€184,818€197,572€267,363€141,992€289,723€289,049€386,427▲ 33.7%
Amounts payable within one year42/48€116,506€183,729€197,236€265,936€141,992€289,723€289,049€384,875▲ 33.2%
Trade debts44€104,080€177,225€187,445€225,814€140,801€280,490€280,233€340,748▲ 21.6%
Suppliers440/4---€225,814€140,801€280,490€280,233€340,748▲ 21.6%
Taxes, remuneration and social security45---€36,295€892€6,792€4,044€38,350▲ 848%
Taxes450/3---€36,295€892€6,792€4,044€38,350▲ 848%
Other amounts payable47/48---€3,827€300€2,441€4,772€5,777▲ 21.1%
Accrued charges and deferred income492/3---€1,426---€1,553-
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€26,735€13,334€16,721€47,759-€1,640€17,443-€1,597€6,557▲ 511%
+ Depreciation and write-downs630€861-€3€594€594€862€434€434=
Operating cash flow (approximation)€27,596€13,334€16,725€48,352-€1,046€18,304-€1,163€6,990▲ 701%
Investment in fixed assets (approximation)---€0€0-€1,302€0€0-
Change in cash-€20,502€37,355€17,458-€18,559€63,425-€37,623-€26,549▲ 29.4%

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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