LEXANDRIE
ActiveSummary
LEXANDRIE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €392,383 and a net result of €32,304. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 15375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability73▼-3
Solvency69▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.96 against 1.95 in 2023; short-term debt: 8.1% and cash: 3.7% of total assets), and 56.5% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2024 was due by 30-07-2025 and was filed on 23-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
68 d early
2022
41 d early
2021
55 d early
2020
25 d early
2019
43 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€174,535▼ 23.3%
2021 · €227,667
EBIT margin
16.4%▼ 10.0pp
2021 · 26.4%
Net result
€32,304▼ 30.8%
2023 · €46,658
Working capital
-€2,839
2023 · €64,509
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€227,667€174,535▼ 23.3%
Operating result€332,549▲ 684%€60,116▼ 81.9%€28,673▼ 52.3%€67,750▲ 136%€55,115▼ 18.6%
Net result€215,617above the sector's middle half▲ 725%€34,812within the sector's middle half▼ 83.9%€15,021within the sector's middle half▼ 56.9%€46,658within the sector's middle half▲ 211%€32,304within the sector's middle half▼ 30.8%
EBIT margin26.4%16.4%▼ 10.0pp
Equity€272,191above the sector's middle half▲ 262%€307,003above the sector's middle half▲ 12.8%€322,024above the sector's middle half▲ 4.9%€366,913above the sector's middle half▲ 13.9%€392,383above the sector's middle half▲ 6.9%
Total assets€618,712above the sector's middle half▲ 109%€857,492above the sector's middle half▲ 38.6%€806,305above the sector's middle half▼ 6.0%€818,998above the sector's middle half▲ 1.6%€901,532above the sector's middle half▲ 10.1%
Debt€230,090▲ 8.5%€532,312▲ 131%€484,281▼ 9.0%€452,085▼ 6.6%€509,149▲ 12.6%
Working capital€158,204within the sector's middle half▲ 2,914%€62,324within the sector's middle half▼ 60.6%€40,488within the sector's middle half▼ 35.0%€64,509within the sector's middle half▲ 59.3%-€2,839below the sector's middle half
Solvency44.0%within the sector's middle half▲ 18.6pp35.8%within the sector's middle half▼ 8.2pp39.9%within the sector's middle half▲ 4.1pp44.8%within the sector's middle half▲ 4.9pp43.5%within the sector's middle half▼ 1.3pp
Current ratio6.58above the sector's middle half▲ 5.442.05within the sector's middle half▼ 4.531.73within the sector's middle half▼ 0.321.95within the sector's middle half▲ 0.220.96below the sector's middle half▼ 0.99
Return on assets (ROA)34.8%above the sector's middle half▲ 26.0pp4.1%within the sector's middle half▼ 30.8pp1.9%below the sector's middle half▼ 2.2pp5.7%within the sector's middle half▲ 3.8pp3.6%below the sector's middle half▼ 2.1pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 19% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €901,532
Fixed assets
€831,173 ▲ 21.0%
Current assets
€70,359 ▼ 46.8%
Equity and liabilities €901,532
Equity
€392,383 ▲ 6.9%
Debt
€509,149 ▲ 12.6%
Debt's share of the balance-sheet total rises from 55.2% to 56.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€86,487▼
2023 · €97,452
Cash flow
€63,677▼
2023 · €76,359
Debt to equity
1.30▲
2023 · 1.23
ROE
8.2%▼
2023 · 12.7%
Interest coverage
8.98▼
2023 · 10.86
Debt ≤ 1 year
€73,198▲
2023 · €67,660
Debt > 1 year
€432,187▲
2023 · €384,425
Income taxes
€13,812▲
2023 · €13,552
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,045 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.3%
went bankrupt
3.6%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,662 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% | 1.7% |
| 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 75% 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 6,045 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €227,667 | €174,535 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €112,486 | €110,447 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,391 | €24,138 | €29,939 | €29,702 | €31,373 | ▲ 5.6% |
| Other operating charges640/8 | - | €30,927 | €5,476 | €7,558 | €31,230 | ▲ 313% |
| Gross operating margin9900 | €375,358 | €115,181 | €64,088 | €105,009 | €117,718 | ▲ 12.1% |
| Operating profit (loss)9901 | €332,549 | €60,116 | €28,673 | €67,750 | €55,115 | ▼ 18.6% |
| Financial income75/76B | - | €13 | €2,765 | €1,434 | €630 | ▼ 56.1% |
| Recurring financial income75 | €5 | €13 | €2,765 | €1,434 | €630 | ▼ 56.1% |
| Non-recurring financial income76B | - | - | €2,765 | - | - | - |
| Financial charges65/66B | - | €9,905 | €9,429 | €8,974 | €9,629 | ▲ 7.3% |
| Recurring financial charges65 | €7,675 | €9,905 | €9,429 | €8,974 | €9,629 | ▲ 7.3% |
| Profit (loss) for the period before taxes9903 | €324,879 | €50,224 | €22,009 | €60,209 | €46,116 | ▼ 23.4% |
| Income taxes67/77 | €109,262 | €15,412 | €6,988 | €13,552 | €13,812 | ▲ 1.9% |
| Profit (loss) for the period9904 | €215,617 | €34,812 | €15,021 | €46,658 | €32,304 | ▼ 30.8% |
| Profit (loss) for the period to be appropriated9905 | €215,617 | €34,812 | €15,021 | €46,658 | €32,304 | ▼ 30.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €618,712 | €857,492 | €806,305 | €818,998 | €901,532 | ▲ 10.1% |
| Fixed assets21/28 | €432,173 | €735,802 | €710,302 | €686,829 | €831,173 | ▲ 21.0% |
| Tangible fixed assets22/27 | €431,923 | €735,552 | €709,092 | €685,619 | €827,010 | ▲ 20.6% |
| Land and buildings22 | - | €684,948 | €667,987 | €651,467 | €802,012 | ▲ 23.1% |
| Plant, machinery and equipment23 | - | €14,412 | €12,651 | €13,157 | €10,096 | ▼ 23.3% |
| Furniture and vehicles24 | - | €36,192 | €28,455 | €20,995 | €14,902 | ▼ 29.0% |
| Financial fixed assets28 | €250 | €250 | €1,210 | €1,210 | €4,164 | ▲ 244% |
| Current assets29/58 | €186,539 | €121,690 | €96,003 | €132,169 | €70,359 | ▼ 46.8% |
| Amounts receivable within one year40/41 | €171,338 | €93,722 | €46,409 | €118,737 | €35,486 | ▼ 70.1% |
| Trade receivables40 | - | €54,761 | €5,751 | €2,677 | - | - |
| Other amounts receivable41 | - | €38,961 | €40,658 | €116,060 | €35,486 | ▼ 69.4% |
| Cash at bank and in hand54/58 | €15,201 | €27,968 | €49,595 | €11,998 | €33,073 | ▲ 176% |
| Deferred charges and accrued income490/1 | - | - | - | €1,434 | €1,800 | ▲ 25.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €618,712 | €857,492 | €806,305 | €818,998 | €901,532 | ▲ 10.1% |
| Equity10/15 | €272,191 | €307,003 | €322,024 | €366,913 | €392,383 | ▲ 6.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €250,958 | €285,770 | €300,791 | €299,022 | €324,492 | ▲ 8.5% |
| Non-distributable reserves130/1 | - | €2,389 | €2,389 | €2,389 | €2,389 | = |
| Legal reserve130 | - | €2,389 | €2,389 | €2,389 | €2,389 | = |
| Tax-exempt reserves132 | - | €10,529 | €10,529 | €10,529 | €10,529 | = |
| Distributable reserves133 | - | €272,852 | €287,873 | €286,104 | €311,574 | ▲ 8.9% |
| Profit (loss) carried forward14 | €15,033 | €15,033 | €15,033 | €61,691 | €61,691 | = |
| Provisions and deferred taxes16 | €116,432 | €18,177 | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | €18,177 | - | - | - | - |
| Taxes161 | - | €15,412 | - | - | - | - |
| Major repairs and maintenance162 | - | €2,765 | - | - | - | - |
| Amounts payable17/49 | €230,090 | €532,312 | €484,281 | €452,085 | €509,149 | ▲ 12.6% |
| Amounts payable after more than one year17 | €201,755 | €472,170 | €428,765 | €384,425 | €432,187 | ▲ 12.4% |
| Financial debts170/4 | - | €472,170 | €428,765 | €384,425 | €432,187 | ▲ 12.4% |
| Amounts payable within one year42/48 | €28,335 | €59,366 | €55,516 | €67,660 | €73,198 | ▲ 8.2% |
| Current portion of amounts payable after more than one year42 | - | €44,415 | €43,404 | €44,341 | €50,537 | ▲ 14.0% |
| Trade debts44 | €2,759 | €508 | €885 | €3,092 | €764 | ▼ 75.3% |
| Suppliers440/4 | - | €508 | €885 | €3,092 | €764 | ▼ 75.3% |
| Taxes, remuneration and social security45 | - | €14,443 | €11,226 | €20,227 | €21,897 | ▲ 8.3% |
| Taxes450/3 | - | €14,443 | €11,226 | €20,227 | €21,897 | ▲ 8.3% |
| Accrued charges and deferred income492/3 | - | €777 | - | - | €3,764 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €215,617 | €34,812 | €15,021 | €46,658 | €32,304 | ▼ 30.8% |
| + Depreciation and write-downs630 | €15,391 | €24,138 | €29,939 | €29,702 | €31,373 | ▲ 5.6% |
| Operating cash flow (approximation) | €231,008 | €58,950 | €44,961 | €76,359 | €63,677 | ▼ 16.6% |
| Investment in fixed assets (approximation) | - | -€327,766 | -€4,439 | -€6,228 | -€175,717 | ▼ 2,721% |
| Change in cash | - | €12,767 | €21,627 | -€37,597 | €21,075 | ▲ 156% |
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
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-12
Financial
Highest result since 2018net €215,617 ▲725%
Operating result €332,549, net result €215,617, both a record.
30-12
Financial
Liquidity times 6current ratio 6.58
Current ratio from 1.15 to 6.58; short-term debt falls from €35,606 to €28,335.
30-12
Financial
Equity above €200,000Eq €272,191 ▲262%
3 profitable years in a row build equity to €272,191.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Oostende
Ground area
837 m²
Building footprint
163 m²
Volume, LiDAR
886 m³
Parcel 35020B0270/00Z002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0270/00Z002 | Flanders | 837 m² | 1 · 163 m² | 9.0 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 7,218 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,218 EUR | 0 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
2549002G2R1A3C8NXB37
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Of 22,076 companies in sector 69101 we hold annual accounts for 9,061. 6,329 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
Founded08-03-2010
Fiscal year end30-12
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0823748843
Also
9925:BE0823748843
Registered
01-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.