LEXAC
ActiveSummary
The computed 12-month bankruptcy probability of LEXAC is 1.6% (moderate). The 2025 annual accounts show equity of €136,986 and a net result of €1,290. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 85% of 152 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-13
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 4.11 against 4.63 in 2024; short-term debt: 24.1% and cash: 7% of total assets), and 24.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
75.9%
Return on assets
0.7%
Age of the figures
12 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-07-2026, 72 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
72 d late
2024
on the day
2023
5 d early
2022
58 d early
2021
2 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€458,932▼ 10.6%
2021 · €513,514
EBIT margin
1.6%▼ 23.0pp
2021 · 24.5%
Net result
€1,290▼ 93.5%
2024 · €19,826
Working capital
€135,209▲ 13.1%
2024 · €119,544
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
Turnover€513,514-€458,932▼ 10.6%
Operating result€126,031-€7,117▼ 94.4%€14,898▲ 109%€31,001▲ 108%€6,766▼ 78.2%
Net result€101,018-€5,393▼ 94.7%€4,460▼ 17.3%€19,826▲ 345%€1,290▼ 93.5%
EBIT margin24.5%-1.6%▼ 23.0pp
Equity€106,018-€111,410▲ 5.1%€115,870▲ 4.0%€135,696▲ 17.1%€136,986▲ 1.0%
Total assets€151,560-€134,828▼ 11.0%€189,300▲ 40.4%€168,608▼ 10.9%€180,525▲ 7.1%
Debt€45,543-€23,418▼ 48.6%€73,430▲ 214%€32,912▼ 55.2%€43,539▲ 32.3%
Working capital€83,565-€110,747▲ 32.5%€88,319▼ 20.3%€119,544▲ 35.4%€135,209▲ 13.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 78% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €180,525
Fixed assets
€1,777 ▼ 89.0%
Current assets
€178,748 ▲ 17.2%
Equity and liabilities €180,525
Equity
€136,986 ▲ 1.0%
Debt
€43,539 ▲ 32.3%
Debt's share of the balance-sheet total rises from 19.5% to 24.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7,122▼
2024 · €42,400
Cash flow
€1,645▼
2024 · €31,225
Current ratio
4.11▼
2024 · 4.63
Debt to equity
0.32▲
2024 · 0.24
ROE
0.9%▼
2024 · 14.6%
ROA
0.7%▼
2024 · 11.8%
Interest coverage
6.35▼
2024 · 743.85
Debt ≤ 1 year
€43,539▲
2024 · €32,912
Income taxes
€4,355▼
2024 · €11,118
Staff costs
€225▼
2024 · €2,479
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,047 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.7%
stopped otherwise
94%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% 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%.
| 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 5,047 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €513,514 | €458,932 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €378,026 | €437,797 | - | - | - | - |
| Remuneration, social security and pensions62 | €959 | €754 | - | €2,479 | €225 | ▼ 90.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,052 | €7,046 | €7,313 | €11,399 | €355 | ▼ 96.9% |
| Other operating charges640/8 | €445 | €6,217 | €18,712 | €12,717 | €28,963 | ▲ 128% |
| Gross operating margin9900 | €135,488 | €21,134 | €40,923 | €57,596 | €36,309 | ▼ 37.0% |
| Operating profit (loss)9901 | €126,031 | €7,117 | €14,898 | €31,001 | €6,766 | ▼ 78.2% |
| Financial income75/76B | €557 | - | €43 | - | - | - |
| Recurring financial income75 | €557 | - | €43 | - | - | - |
| Non-recurring financial income76B | €557 | - | - | - | - | - |
| Financial charges65/66B | €269 | €217 | €73 | €57 | €1,121 | ▲ 1,867% |
| Recurring financial charges65 | €269 | €217 | €73 | €57 | €1,121 | ▲ 1,867% |
| Profit (loss) for the period before taxes9903 | €126,319 | €6,900 | €14,868 | €30,944 | €5,645 | ▼ 81.8% |
| Income taxes67/77 | €25,302 | €1,508 | €10,408 | €11,118 | €4,355 | ▼ 60.8% |
| Profit (loss) for the period9904 | €101,018 | €5,393 | €4,460 | €19,826 | €1,290 | ▼ 93.5% |
| Profit (loss) for the period to be appropriated9905 | €101,018 | €5,393 | €4,460 | €19,826 | €1,290 | ▼ 93.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €151,560 | €134,828 | €189,300 | €168,608 | €180,525 | ▲ 7.1% |
| Fixed assets21/28 | €22,453 | €663 | €27,551 | €16,152 | €1,777 | ▼ 89.0% |
| Tangible fixed assets22/27 | €22,453 | €663 | €27,551 | €16,152 | €1,777 | ▼ 89.0% |
| Plant, machinery and equipment23 | €1,110 | €85 | - | - | €1,777 | - |
| Furniture and vehicles24 | €21,343 | €578 | €27,551 | €16,152 | - | - |
| Current assets29/58 | €129,107 | €134,165 | €161,749 | €152,456 | €178,748 | ▲ 17.2% |
| Amounts receivable within one year40/41 | €129,056 | €117,824 | €160,087 | €129,537 | €166,099 | ▲ 28.2% |
| Trade receivables40 | €49,349 | €21,131 | €92,728 | €39,610 | €88,006 | ▲ 122% |
| Other amounts receivable41 | €79,707 | €96,693 | €67,360 | €89,927 | €78,092 | ▼ 13.2% |
| Cash at bank and in hand54/58 | €51 | €16,341 | €1,662 | €22,920 | €12,650 | ▼ 44.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €151,560 | €134,828 | €189,300 | €168,608 | €180,525 | ▲ 7.1% |
| Equity10/15 | €106,018 | €111,410 | €115,870 | €135,696 | €136,986 | ▲ 1.0% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Outside capital11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Share premium1100/10 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €101,018 | €106,410 | €110,870 | €130,696 | €131,986 | ▲ 1.0% |
| Amounts payable17/49 | €45,543 | €23,418 | €73,430 | €32,912 | €43,539 | ▲ 32.3% |
| Amounts payable within one year42/48 | €45,543 | €23,418 | €73,430 | €32,912 | €43,539 | ▲ 32.3% |
| Trade debts44 | €20,241 | €4,533 | €65,189 | €22,305 | €36,991 | ▲ 65.8% |
| Suppliers440/4 | €15,448 | €4,240 | €41,215 | €18,914 | €10,394 | ▼ 45.0% |
| Bills of exchange payable441 | €4,793 | €293 | €23,973 | €3,391 | €26,597 | ▲ 684% |
| Taxes, remuneration and social security45 | €25,302 | €18,885 | €8,241 | €10,608 | €6,548 | ▼ 38.3% |
| Taxes450/3 | €25,302 | €18,885 | €8,241 | €10,608 | €6,548 | ▼ 38.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €101,018 | €5,393 | €4,460 | €19,826 | €1,290 | ▼ 93.5% |
| + Depreciation and write-downs630 | €8,052 | €7,046 | €7,313 | €11,399 | €355 | ▼ 96.9% |
| Operating cash flow (approximation) | €109,070 | €12,439 | €11,773 | €31,225 | €1,645 | ▼ 94.7% |
| Investment in fixed assets (approximation) | - | €14,743 | -€34,200 | €0 | €14,020 | - |
| Change in cash | - | €16,290 | -€14,679 | €21,258 | -€10,270 | ▼ 148% |
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
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 72 days late
2025
30-09
Financial
Weakest financial yearnet €1,290 ▼93.5%
Net result drops to €1,290, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial
Liquidity doublescurrent ratio 4.63
Current ratio from 2.20 to 4.63; short-term debt falls from €73,430 to €32,912.
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
03-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Liquidity doublescurrent ratio 5.73
Current ratio from 2.83 to 5.73; short-term debt falls from €45,543 to €23,418.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 2 days late
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, Wezembeek-Oppem · 1 establishment unit since 2020
Ground area
710 m²
Building footprint
450 m²
Volume, LiDAR
4,503 m³
2 parcels, Brussels, Flanders · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
601
companies at this address
See who is registered here
1 establishment unit
LEXAC
since 20202.303.188.784
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22006A0114/00P000 | Flanders | 520 m² | 1 · 325 m² | 14.8 m · 3 fl. |
| 21308H0349/00W004 | Brussels | 190 m² | 1 · 126 m² | 16.0 m · 4 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.
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Of 3,719 companies in sector 33120 we hold annual accounts for 1,345. 1,143 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
Founded08-05-2020
Fiscal year end30-09
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
43990Other specialised construction activities
41001General construction of residential buildings
43211General electrical installation work
43240Other construction installation
43410Roofing work
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0746766178
Also
9925:BE0746766178
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.