LEXCUUS
ActiveLEXCUUS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93k and a net result of €10k. Equity is growing by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 84% of 4398 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
90
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▼-27
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.95 against 3.9 in 2024), and 22.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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
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
77.8%
Return on assets
8.6%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
34 d late
2023
57 d late
2022
56 d late
2021
59 d late
2020
61 d late
2019
85 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€93k▼ 12.7%
2024 · €106k
2019: €40k
2020: €53k
2021: €69k
2022: €74k
2023: €89k
2024: €106k
2019 → 2025
Total assets
€119k▼ 11.2%
2024 · €134k
2019: €59k
2020: €77k
2021: €90k
2022: €99k
2023: €113k
2024: €134k
2019 → 2025
Net result
€10k▼ 41.5%
2024 · €17k
2019: €3k
2020: €13k
2021: €16k
2022: €5k
2023: €14k
2024: €17k
2019 → 2025
Working capital
€75k▼ 6.2%
2024 · €80k
2019: €34k
2020: €52k
2021: €60k
2022: €70k
2023: €56k
2024: €80k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€69k-€74k▲ 7.8%€89k▲ 19.1%€106k▲ 19.7%€93k▼ 12.7%
Operating result€23k-€8k▼ 66.7%€20k▲ 164%€24k▲ 20.0%€14k▼ 41.5%
Net result€16k-€5k▼ 66.8%€14k▲ 163%€17k▲ 22.3%€10k▼ 41.5%
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 2025; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets
€19k▼ 29.9%
Current assets
€100k▼ 6.6%
Equity and liabilities €119k
Equity
€93k▼ 12.7%
Debt
€26k▼ 5.6%
The debt ratio rises from 20.9% to 22.2%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€22k▼
2024 · €32k
Cash flow
€18k▼
2024 · €26k
Solvency
77.8%▼
2024 · 79.1%
Current ratio
3.95▲
2024 · 3.90
Quick ratio
3.95▲
2024 · 3.90
Debt / equity
0.29▲
2024 · 0.26
ROE
11.0%▼
2024 · 16.4%
ROA
8.6%▼
2024 · 13.0%
Interest coverage
306.18▼
2024 · 417.27
Debt
€26k▼
2024 · €28k
Debt ≤ 1 year
€25k▼
2024 · €28k
Income taxes
€4k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€134k€119k▼
Fixed assets21/28€27k€19k▼
Tangible fixed assets22/27€27k€19k▼
Furniture and vehicles24€27k€19k▼
Current assets29/58€107k€100k▼
Amounts receivable within one year40/41€22k€16k▼
Trade receivables40€20k€15k▼
Other amounts receivable41€2k€466▼
Cash at bank and in hand54/58€85k€83k▼
Deferred charges and accrued income490/1€999€1k▲
Equity and liabilities
Total equity and liabilities10/49€134k€119k▼
Equity10/15€106k€93k▼
Contributions10/11€16k€16k=
Reserves13€91k€77k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€89k€75k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€28k€26k▼
Amounts payable within one year42/48€28k€25k▼
Trade debts44€195€2k▲
Suppliers440/4€195€2k▲
Taxes, remuneration and social security45€11k€4k▼
Taxes450/3€9k€2k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€16k€19k▲
Accrued charges and deferred income492/3€480€1k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€830€960▲
Gross operating margin9900€33k€23k▼
Operating profit (loss)9901€24k€14k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€77€72▼
Recurring financial charges65€77€72▼
Profit (loss) for the period before taxes9903€24k€14k▼
Income taxes67/77€7k€4k▼
Profit (loss) for the period9904€17k€10k▼
Profit (loss) for the period to be appropriated9905€17k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€10k▼
Transfer from equity791/2-€24k
Transfer to equity691/2€17k€10k▼
To other reserves6921€17k€10k▼
Profit to be distributed694/7-€24k
Return on contributions (dividend)694-€24k
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 34 days late
2024
31-12
Financial
Highest result since 2019net €17k ▲22.3%
Operating result €24k, net result €17k, both a record.
31-12
Financial
Equity above €100kEq €106k ▲19.7%
6 profitable years in a row build equity to €106k.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 85 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2013
21-02
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 205 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Evergem · 1 establishment unit since 2007
Ground area
648 m²
Building footprint
256 m²
Volume, LiDAR
1,134 m³
2 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lexcuus
since 20072.162.522.750
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019C0751/00V000 | Flanders | 486 m² | 1 · 129 m² | 5.9 m · 1 fl. |
| 43004B0611/00B000 | Flanders | 162 m² | 1 · 127 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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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DESMEDT
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BAH-KONE
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Of 6,622 companies in sector 49330 we hold annual accounts for 2,248. 1,615 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-04-2007
Fiscal year end31-12
Activities, NACEBEL
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.