LEXB
ActiveSummary
LEXB has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €238k and a net result of €50k. Equity is growing by ~20.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▼-7
Solvency78▲+20
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 7.94 against 0.22 in 2024; short-term debt: 8.8% and cash: 25.8% of total assets), and 47.4% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% 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
52.6%
Return on assets
11.1%
Age of the figures
18 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
2 d early
2024
4 d early
2023
4 d early
2022
2 d late
2021
27 d early
2020
23 d late
2019
27 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€238k▲ 10.1%
2024 · €216k
Total assets
€453k▼ 31.6%
2024 · €662k
Net result
€50k
2024 · €-2k
Working capital
€276k
2024 · €-139k
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€80k▲ 86.4%€161k▲ 101%€65k▼ 59.5%€50k▼ 22.9%€90k▲ 80.0%
Net result€52k▲ 147%€103k▲ 96.1%€47k▼ 54.0%€-2k€50k
Equity€98k▲ 116%€185k▲ 90.0%€219k▲ 17.9%€216k▼ 1.1%€238k▲ 10.1%
Total assets€450k▲ 20.4%€578k▲ 28.5%€584k▲ 1.0%€662k▲ 13.2%€453k▼ 31.6%
Debt€353k▲ 7.2%€372k▲ 5.4%€345k▼ 7.1%€426k▲ 23.4%€196k▼ 53.9%
Working capital€-29k€258k€266k▲ 3.1%€-139k€276k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 80% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €453k
Fixed assets
€137k ▼ 78.0%
Current assets
€316k ▲ 697%
Equity and liabilities €453k
Equity
€238k ▲ 10.1%
Provisions
€18k ▼ 5.6%
Debt
€196k ▼ 53.9%
Debt's share of the balance-sheet total falls from 64.4% to 43.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€93k▼
2024 · €93k
Cash flow
€52k▲
2024 · €41k
Current ratio
7.94▲
2024 · 0.22
Debt to equity
0.82▼
2024 · 1.97
ROE
21.1%▲
2024 · -1.1%
ROA
11.1%▲
2024 · -0.4%
Interest coverage
3.20▼
2024 · 5.69
Debt ≤ 1 year
€40k▼
2024 · €179k
Debt > 1 year
€145k▼
2024 · €237k
Income taxes
€12k▼
2024 · €38k
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €124k | - | €8k | €4k | ▼ 53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28k | €2k | €2k | €43k | €2k | ▼ 94.8% |
| Other operating charges640/8 | - | €5k | €2k | €6k | €3k | ▼ 52.7% |
| Gross operating margin9900 | €118k | €168k | €69k | €100k | €96k | ▼ 4.1% |
| Operating profit (loss)9901 | €80k | €161k | €65k | €50k | €90k | ▲ 80.0% |
| Financial income75/76B | - | €1k | €2k | €479 | €1 | ▼ 99.8% |
| Recurring financial income75 | €126 | €1k | €2k | €479 | €1 | ▼ 99.8% |
| Financial charges65/66B | - | €13k | €8k | €16k | €29k | ▲ 76.4% |
| Recurring financial charges65 | €7k | €13k | €8k | €16k | €29k | ▲ 76.4% |
| Profit (loss) for the period before taxes9903 | €73k | €149k | €59k | €34k | €61k | ▲ 79.2% |
| Transfer from deferred taxes780 | - | - | €1k | €1k | €1k | = |
| Transfer to deferred taxes680 | - | €21k | - | - | - | - |
| Income taxes67/77 | €21k | €25k | €13k | €38k | €12k | ▼ 67.2% |
| Profit (loss) for the period9904 | €52k | €103k | €47k | €-2k | €50k | ▲ 2,224% |
| Transfer from tax-exempt reserves789 | - | - | €4k | €4k | €4k | = |
| Transfer to tax-exempt reserves689 | - | €84k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €52k | €19k | €51k | €2k | €54k | ▲ 2,869% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €450k | €578k | €584k | €662k | €453k | ▼ 31.6% |
| Fixed assets21/28 | €407k | €228k | €228k | €622k | €137k | ▼ 78.0% |
| Intangible fixed assets21 | - | - | €1k | €360k | €657 | ▼ 99.8% |
| Tangible fixed assets22/27 | €407k | €228k | €227k | €262k | €136k | ▼ 48.2% |
| Land and buildings22 | - | €225k | €225k | €260k | €133k | ▼ 48.8% |
| Plant, machinery and equipment23 | - | - | - | - | €2k | - |
| Furniture and vehicles24 | - | €3k | €2k | €3k | €1k | ▼ 42.7% |
| Financial fixed assets28 | - | - | - | €82 | €82 | = |
| Current assets29/58 | €43k | €350k | €356k | €40k | €316k | ▲ 697% |
| Amounts receivable after more than one year29 | - | - | - | - | €195k | - |
| Trade receivables290 | - | - | - | - | €195k | - |
| Amounts receivable within one year40/41 | €14k | €52k | €41k | €11k | €2k | ▼ 83.6% |
| Trade receivables40 | - | €15k | €11k | €11k | €2k | ▼ 83.6% |
| Other amounts receivable41 | - | €37k | €30k | - | - | - |
| Cash at bank and in hand54/58 | €28k | €296k | €314k | €26k | €117k | ▲ 353% |
| Deferred charges and accrued income490/1 | - | €2k | €553 | €3k | €3k | ▼ 11.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €450k | €578k | €584k | €662k | €453k | ▼ 31.6% |
| Equity10/15 | €98k | €185k | €219k | €216k | €238k | ▲ 10.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €42k | €146k | €177k | €172k | €168k | ▼ 2.4% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Tax-exempt reserves132 | - | €84k | €80k | €75k | €71k | ▼ 5.6% |
| Distributable reserves133 | - | €60k | €95k | €97k | €97k | = |
| Profit (loss) carried forward14 | €37k | €21k | €23k | €25k | €51k | ▲ 103% |
| Provisions and deferred taxes16 | - | €21k | €20k | €19k | €18k | ▼ 5.6% |
| Deferred taxes168 | - | €21k | €20k | €19k | €18k | ▼ 5.6% |
| Amounts payable17/49 | €353k | €372k | €345k | €426k | €196k | ▼ 53.9% |
| Amounts payable after more than one year17 | €277k | €266k | €251k | €237k | €145k | ▼ 38.7% |
| Financial debts170/4 | - | €266k | €251k | €237k | €145k | ▼ 38.7% |
| Amounts payable within one year42/48 | €72k | €92k | €90k | €179k | €40k | ▼ 77.7% |
| Current portion of amounts payable after more than one year42 | - | €15k | €15k | €22k | €10k | ▼ 55.2% |
| Trade debts44 | €5k | €27k | €27k | €5k | €648 | ▼ 86.6% |
| Suppliers440/4 | - | €27k | €27k | €5k | €648 | ▼ 86.6% |
| Taxes, remuneration and social security45 | - | €50k | €24k | €10k | €12k | ▲ 21.4% |
| Taxes450/3 | - | €50k | €24k | €10k | €12k | ▲ 21.4% |
| Other amounts payable47/48 | - | - | €25k | €142k | €17k | ▼ 88.0% |
| Accrued charges and deferred income492/3 | - | €14k | €4k | €10k | €11k | ▲ 9.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52k | €103k | €47k | €-2k | €50k | ▲ 2,224% |
| + Depreciation and write-downs630 | €28k | €2k | €2k | €43k | €2k | ▼ 94.8% |
| Operating cash flow (approximation) | €80k | €105k | €49k | €41k | €52k | ▲ 28.6% |
| Investment in fixed assets (approximation) | - | €177k | €-2k | €-437k | €483k | ▲ 211% |
| Change in cash | - | €268k | €18k | €-289k | €91k | ▲ 132% |
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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
31-03
Financial
Liquidity times 36current ratio 7.94
Current ratio from 0.22 to 7.94; short-term debt falls from €179k to €40k.
2024
27-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €200kEq €219k ▲17.9%
5 profitable years in a row build equity to €219k.
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
31-03
Financial
Highest result since 2019net €103k ▲96.1%
Operating result €161k, net result €103k, both a record.
31-03
Financial
Liquidity times 6current ratio 3.80
Current ratio from 0.60 to 3.80.
31-03
Financial
Equity above €150kEq €185k ▲90%
4 profitable years in a row build equity to €185k.
2021
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Show earlier events
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
31-03
Financial
Liquidity doublescurrent ratio 1.28
Current ratio from 0.53 to 1.28.
2019
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · 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, Lennik · 1 establishment unit since 2018
Ground area
1,473 m²
Building footprint
292 m²
Volume, LiDAR
1,308 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LEXB
since 20182.272.717.225
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23583I0569/00F000 | Flanders | 881 m² | 1 · 184 m² | 6.2 m · 1 fl. |
| 23072E0303/00E000 | Flanders | 593 m² | 1 · 107 m² | 8.2 m · 2 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.
Similar companies · same sector, comparable size
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smd-tec
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Reloved
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Of 6,149 companies in sector 46190 we hold annual accounts for 2,570. 1,810 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
Founded06-02-2018
Fiscal year end31-03
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
55203Holiday cottages, homes and apartments
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.