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LEXES

Active
Private limited companyfounded 20242 yrs activeDr. Verdurmenstraat 5, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 1009.866.901
Summary

LEXES has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €93,805 and a net result of €48,128. Its solvency ranks better than 85% of 156 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2026
Axes · tick = 2025
Profitability100=
Solvency100▲+8
Growth78
Track record82
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days only on tighter terms
Liquidity ample (current ratio 10.15 against 2.84 in 2025; short-term debt: 9.5% and cash: 83.2% of total assets), and 9.5% 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
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 →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
90.5%
Return on assets
46.4%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-09-2026, 38 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2026
38 d early
2025
39 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 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
26-09-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 30 May 2024, LEXES was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2026

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Financials · fiscal year 2026, micro schema

Equity
€93,805▲ 105%
2025 · €45,676
Total assets
€103,685▲ 52.2%
2025 · €68,127
Net result
€48,128▲ 10.2%
2025 · €43,676
Working capital
€90,406▲ 119%
2025 · €41,211
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
Line20252026
Operating result€57,186-€63,840▲ 11.6%
Net result€43,676-€48,128▲ 10.2%
Equity€45,676-€93,805▲ 105%
Total assets€68,127-€103,685▲ 52.2%
Debt€22,450-€9,881▼ 56.0%
Working capital€41,211-€90,406▲ 119%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2025: €57,186€57,186Net result 2025: €43,676€43,676Operating result 2026: €63,840€63,840Net result 2026: €48,128€48,12820252026€0€20,000€40,000€60,000Operating result 2025: €57,186€57,200Net result 2025: €43,676€43,700Operating result 2026: €63,840€63,800Net result 2026: €48,128€48,10020252026
The operating result rises in 2026; 2026 is 12% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €103,685
Fixed assets €3,399 ▼ 23.9%
Current assets €100,287 ▲ 57.5%
Equity and liabilities €103,685
Equity €93,805 ▲ 105%
Debt €9,881 ▼ 56.0%
Debt's share of the balance-sheet total falls from 33.0% to 9.5%. Equity is higher and debt is lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€64,907▲
2025 · €57,721
Cash flow
€49,195▲
2025 · €44,211
Current ratio
10.15▲
2025 · 2.84
Debt to equity
0.11▼
2025 · 0.49
ROE
51.3%▼
2025 · 95.6%
ROA
46.4%▼
2025 · 64.1%
Interest coverage
29.63▼
2025 · 36.99
Debt ≤ 1 year
€9,881▼
2025 · €22,450
Income taxes
€13,521▲
2025 · €11,949
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 37 lines
Balance sheet Code20252026
Assets
Total assets20/58€68,127€103,685▲
Fixed assets21/28€4,465€3,399▼
Tangible fixed assets22/27€4,465€3,399▼
Furniture and vehicles24€416€250▼
Other tangible fixed assets26€4,049€3,149▼
Current assets29/58€63,662€100,287▲
Amounts receivable within one year40/41€14€979▲
Other amounts receivable41€14€979▲
Current investments50/53-€10,714
Cash at bank and in hand54/58€62,392€86,254▲
Deferred charges and accrued income490/1€1,256€2,340▲
Equity and liabilities
Total equity and liabilities10/49€68,127€103,685▲
Equity10/15€45,676€93,805▲
Contributions10/11€2,000€2,000=
Reserves13€43,676€91,805▲
Distributable reserves133€43,676€91,805▲
Amounts payable17/49€22,450€9,881▼
Amounts payable within one year42/48€22,450€9,881▼
Trade debts44€2,629€1,243▼
Suppliers440/4€2,629€1,243▼
Taxes, remuneration and social security45€19,590€8,560▼
Taxes450/3€19,590€8,110▼
Remuneration and social security454/9-€450
Other amounts payable47/48€231€78▼
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€535€1,067▲
Other operating charges640/8-€99
Gross operating margin9900€57,721€65,007▲
Operating profit (loss)9901€57,186€63,840▲
Financial charges65/66B€1,561€2,191▲
Recurring financial charges65€1,561€2,191▲
Profit (loss) for the period before taxes9903€55,625€61,649▲
Income taxes67/77€11,949€13,521▲
Profit (loss) for the period9904€43,676€48,128▲
Profit (loss) for the period to be appropriated9905€43,676€48,128▲
Appropriation of the result
Profit (loss) to be appropriated9906€43,676€48,128▲
Transfer to equity691/2€43,676€48,128▲
To other reserves6921€43,676€48,128▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€535€1,067▲ 99.5%
Other operating charges640/8-€99-
Gross operating margin9900€57,721€65,007▲ 12.6%
Operating profit (loss)9901€57,186€63,840▲ 11.6%
Financial charges65/66B€1,561€2,191▲ 40.4%
Recurring financial charges65€1,561€2,191▲ 40.4%
Profit (loss) for the period before taxes9903€55,625€61,649▲ 10.8%
Income taxes67/77€11,949€13,521▲ 13.2%
Profit (loss) for the period9904€43,676€48,128▲ 10.2%
Profit (loss) for the period to be appropriated9905€43,676€48,128▲ 10.2%
Line20252026Change
Assets
Total assets20/58€68,127€103,685▲ 52.2%
Fixed assets21/28€4,465€3,399▼ 23.9%
Tangible fixed assets22/27€4,465€3,399▼ 23.9%
Furniture and vehicles24€416€250▼ 40.0%
Other tangible fixed assets26€4,049€3,149▼ 22.2%
Current assets29/58€63,662€100,287▲ 57.5%
Amounts receivable within one year40/41€14€979▲ 6,931%
Other amounts receivable41€14€979▲ 6,931%
Current investments50/53-€10,714-
Cash at bank and in hand54/58€62,392€86,254▲ 38.2%
Deferred charges and accrued income490/1€1,256€2,340▲ 86.3%
Equity and liabilities
Total equity and liabilities10/49€68,127€103,685▲ 52.2%
Equity10/15€45,676€93,805▲ 105%
Contributions10/11€2,000€2,000=
Reserves13€43,676€91,805▲ 110%
Distributable reserves133€43,676€91,805▲ 110%
Amounts payable17/49€22,450€9,881▼ 56.0%
Amounts payable within one year42/48€22,450€9,881▼ 56.0%
Trade debts44€2,629€1,243▼ 52.7%
Suppliers440/4€2,629€1,243▼ 52.7%
Taxes, remuneration and social security45€19,590€8,560▼ 56.3%
Taxes450/3€19,590€8,110▼ 58.6%
Remuneration and social security454/9-€450-
Other amounts payable47/48€231€78▼ 66.3%
Line20252026Change
Profit (loss) for the period9904€43,676€48,128▲ 10.2%
+ Depreciation and write-downs630€535€1,067▲ 99.5%
Operating cash flow (approximation)€44,211€49,195▲ 11.3%
Investment in fixed assets (approximation)-€0-
Change in cash-€23,862-

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-10-2027
2026
23-09
NBB filing Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial Liquidity quadruplescurrent ratio 10.15
Current ratio from 2.84 to 10.15; short-term debt falls from €22,450 to €9,881.
2025
22-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Sint-Niklaas · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
112 m²
Building footprint
112 m²
Volume, LiDAR
1,011 m³
Parcel 46443E0363/00L003, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
LEXES
Dr. Verdurmenstraat 5, 9100 Sint-NiklaasActivities of lawyers
since 20242.359.991.291
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46443E0363/00L003 Flanders 112 m² 1 · 112 m² 12.5 m · 3 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.

Similar companies · same sector, comparable size

Of 22,076 companies in sector 69101 we hold annual accounts for 9,055. 7,545 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
Founded30-05-2024
Fiscal year end31-03
Activities, NACEBEL 2025
69101Activities of lawyers

Scores and ratios are computed by Checked and are not a credit decision.