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Lexi Construct

Active
General partnershipfounded 2024active for 2 yearsBergensesteenweg 24, 1600 Sint-Pieters-Leeuw, Belgium590 active companies are registered at this addressKBO/BCE: BE 1006.261.172
Summary

The computed 12-month bankruptcy probability of Lexi Construct is 4.1% (elevated). The 2024 annual accounts show equity of €11,682 and a net result of €11,682. Its solvency ranks better than 34% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2024 annual accounts filed late (125 days) Filed on 3 December 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00580464.

Turnover
€603,933
EBIT margin
2.5%
Net result
€11,682
Working capital
€9,876
Balance-sheet composition
Assets €35,780
Fixed assets €1,806
Current assets €33,975
Equity and liabilities €35,780
Equity €11,682
Debt €24,098
Debt finances 67.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€15,745
Cash flow
€12,376
Current ratio
1.41
Debt to equity
2.06
ROE
100.0%
ROA
32.6%
Interest coverage
91.62
Debt ≤ 1 year
€24,098
Income taxes
€3,196
Staff costs
€475

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2024 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€35,780
Fixed assets21/28€1,806
Tangible fixed assets22/27€1,806
Furniture and vehicles24€1,806
Current assets29/58€33,975
Amounts receivable within one year40/41€20,220
Trade receivables40€14,877
Other amounts receivable41€5,343
Cash at bank and in hand54/58€13,754
Equity and liabilities
Total equity and liabilities10/49€35,780
Equity10/15€11,682
Profit (loss) carried forward14€11,682
Amounts payable17/49€24,098
Amounts payable within one year42/48€24,098
Trade debts44€6,567
Suppliers440/4€6,567
Taxes, remuneration and social security45€3,196
Taxes450/3€3,196
Other amounts payable47/48€14,335
Income statement Code2024
Turnover70€603,933
Goods, raw materials, services and sundry goods60/61€587,713
Remuneration, social security and pensions62€475
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€694
Gross operating margin9900€16,220
Operating profit (loss)9901€15,050
Financial charges65/66B€172
Recurring financial charges65€172
Profit (loss) for the period before taxes9903€14,878
Income taxes67/77€3,196
Profit (loss) for the period9904€11,682
Profit (loss) for the period to be appropriated9905€11,682
Appropriation of the result
Profit (loss) to be appropriated9906€11,682

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€603,933
Goods, raw materials, services and sundry goods60/61€587,713
Remuneration, social security and pensions62€475
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€694
Gross operating margin9900€16,220
Operating profit (loss)9901€15,050
Financial charges65/66B€172
Recurring financial charges65€172
Profit (loss) for the period before taxes9903€14,878
Income taxes67/77€3,196
Profit (loss) for the period9904€11,682
Profit (loss) for the period to be appropriated9905€11,682
Line2024
Assets
Total assets20/58€35,780
Fixed assets21/28€1,806
Tangible fixed assets22/27€1,806
Furniture and vehicles24€1,806
Current assets29/58€33,975
Amounts receivable within one year40/41€20,220
Trade receivables40€14,877
Other amounts receivable41€5,343
Cash at bank and in hand54/58€13,754
Equity and liabilities
Total equity and liabilities10/49€35,780
Equity10/15€11,682
Profit (loss) carried forward14€11,682
Amounts payable17/49€24,098
Amounts payable within one year42/48€24,098
Trade debts44€6,567
Suppliers440/4€6,567
Taxes, remuneration and social security45€3,196
Taxes450/3€3,196
Other amounts payable47/48€14,335
Line2024
Profit (loss) for the period9904€11,682
+ Depreciation and write-downs630€694
Operating cash flow (approximation)€12,376

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 03-12-2025 2025-00580464

Similar companies · same sector, comparable size

Of the 15,144 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,424. 4,358 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.