Lexi Construct
ActiveSummary
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 35,966 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.
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-02-2024 Normal situation
- Registered office
- 605 active companies are registered at this address 115 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Other specialised construction activities NACE 43990and 5 others
- Establishment unit
- 2.356.160.682 1050 Ixelles, since 21-02-2024
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- TAC Simion-SorinManager
- Simion TaşcăDirector
Shareholders
- OTVOS loanpartnerdeed of 06-10-2026
- OTVOS Alexandru Seculinpartnerdeed of 06-10-2026
- TASCA Simion-Sorin99 sharesdeed of 06-10-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.1%
Annual accounts 2024
- Turnover
- €603,933
- Profit
- €11,682
- Equity
- €11,682
- Total assets
- €35,780
- Staff
- ≈ 0 FTE
- estimated
- 2024 accounts filed 125 days after the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 12-12-2025)Size: turnover €603,933, total assets €35,780Last filed accounts filed 125 days late; 1 of the last 3 accounts lateFounded in 2024Show the evidence
Checked score
Score 2024
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 49% of micro companies in specialised construction (NACE 43)
Financial strength
Strong
Solvency
58
equity 32.6% of total assets
Liquidity
62
short-term debt 67.4% · cash 38.4%
Profitability
77
return on assets 32.6%
Bankruptcy probability within 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 1.2%lowest value
04-2025: 1.2%● unchanged vs 03-2025lowest value
05-2025: 1.3%▲ +0.1 percentage points vs 04-2025
06-2025: 1.5%▲ +0.2 percentage points vs 05-2025
07-2025: 1.6%▲ +0.1 percentage points vs 06-2025
08-2025: 1.8%▲ +0.2 percentage points vs 07-2025
09-2025: 1.8%● unchanged vs 08-2025
10-2025: 2.0%▲ +0.2 percentage points vs 09-2025
11-2025: 2.0%● unchanged vs 10-2025
12-2025: 1.9%▼ -0.1 percentage points vs 11-2025
01-2026: 1.9%● unchanged vs 12-2025
02-2026: 2.0%▲ +0.1 percentage points vs 01-2026
03-2026: 2.2%▲ +0.2 percentage points vs 02-2026
04-2026: 2.2%● unchanged vs 03-2026
05-2026: 2.2%● unchanged vs 04-2026
06-2026: 2.1%▼ -0.1 percentage points vs 05-2026
07-2026: 2.1%● unchanged vs 06-2026
08-2026: 2.5%▲ +0.4 percentage points vs 07-2026
09-2026: 2.9%▲ +0.4 percentage points vs 08-2026
10-2026: 4.1%▲ +1.2 percentage points vs 09-2026highest value
11-2026: 4.1%● unchanged vs 10-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.41, below the usual 1.5. Short-term debt is 67.4% and cash 38.4% of total assets. 67.4% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 34% of them on solvency, 60% on liquidity and 53% on profitability.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2024 accounts filed 125 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-12-2025, 125 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2024
125 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its 2024 accounts 125 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2024 annual accounts filed 125 days after the deadline 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.
Annual accounts 2024 filed on 03-12-2025 PDF
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's share of the balance-sheet total is 67.4%.
Key figures and ratios
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
Customer credit
9 days
Supplier credit
4 days
Staff costs
€475
Investments
| Item | 2024 |
|---|---|
| Tangible fixed assets | €2,500 |
| Depreciation and write-downs of the year | €694 |
Source: notes to the 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 |
|---|---|
| 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 |
| Line | 2024 | |
|---|---|---|
| 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 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €11,682 |
| + Depreciation and write-downs630 | €694 |
| Operating cash flow (approximation) | €12,376 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Lexi Construct has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.8%
was still going
2.3%
stopped otherwise
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Lexi Construct itself is higher: 4.1% within 12 months. It rests on far more data about Lexi Construct than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Lexi Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 03-12-2025 | 2025-00580464 |
Board & ownership
Directors
Directors
2 directors, no change since 2025
TAC Simion-Sorin
Current
Manager · appointed by deed of 23-02-2024 · term without a fixed end
Simion Taşcă
Current
Sole director · appointed by deed of 03-09-2025
Signing authorityThe articles say who may bind the company, for example by signing a contract.
The sole director
deed of 03-09-2025Owners and capital
Shareholders
Stated in the deed
deed of 06-10-2026 ↗
- OTVOS loan vennoot · 1 share · 1%
- OTVOS Alexandru Seculin vennoot
- TASCA Simion-Sorin 99 shares · 99%
Share transfer
deed of 06-10-2026 ↗
- TASCA Simion-Sorin to OTVOS loan 1 share
- OTVOS Alexandru Seculin to TASCA Simion-Sorin 10 shares
Stated in the deed
deed of 03-09-2025 ↗
- Alexandru Ötvöş vennoot
At incorporation
deed of 23-02-2024 ↗
- TAC Simion-Sorin 90 shares · 90% · €900
- OTVOS Alexandru Seculin 10 shares · 10% · €100
Capital transactions
Capital over time
- 23-02-2024 Incorporation · €1,000
Mandate history
3 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| TAC Simion-Sorin |
|
| Simion Taşcă |
|
| OTVOS Alexandru Seculin |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Van rechtswege ontbonden, minder dan twee vennoten op bepaald ogenblik”
Articles of association, deed of 23-02-2024 (in Dutch)
Network & group
Companies at the same address
604 other companies- VAN DER BOUW Registered office · since 29-10-2026Founded in 2026 1044.639.223
- A.I COMPANY BE Registered office · since 26-10-2026Founded in 2026 1044.489.169
- GROUP SOFIA Registered office · since 26-10-2026Founded in 2026 1044.514.212
- KMC WORKS Registered office · since 26-10-2026Founded in 2026 1044.515.301
- RUSU COMPANY Registered office · since 26-10-2026Founded in 2026 1044.489.565
- ELEN CONSTRUCT Registered office · since 23-10-2026Founded in 2026 1044.414.638
- PRO & SYK CONSTRUCT Registered office · since 23-10-2026Founded in 2026 1044.411.371
- NMC CONSTRUCT Registered office · since 21-10-2026Founded in 2026 1044.338.721
- ALSANAD Registered office · since 19-10-2026Founded in 2026 1044.238.751
- NOVA LINK SERVICES Registered office · since 15-10-2026Founded in 2026 1044.006.149
Connections & network
0 connected companies, 1 earlier tieThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Earlier ties
GHM CONSTRUCT
via OTVOS Alexandru Seculin (at Lexi Construct until 2025) · Director · deed of 29-06-2022
Open bankruptcy · founded in 2018
→
Timeline
Deeds, filings and financial milestones
2026
06-10
Gazette deed
Share transfer · Resignations & appointmentsTransfer of 1 share from TASCA Simion-Sorin to OTVOS loan · Transfer of 10 shares from OTVOS Alexandru Seculin to TASCA Simion-Sorin · Partner: OTVOS loan7 points ▸
Gazette deed
Share transfer · Resignations & appointments
Transfer of 1 share from TASCA Simion-Sorin to OTVOS loan · Transfer of 10 shares from OTVOS Alexandru Seculin to TASCA Simion-Sorin · Partner: OTVOS loan7 points ▸
- General meeting, 04-08-2026
- Share transfer, TASCA Simion-Sorin → OTVOS loan, 1 share
- Partner, OTVOS loan
- Share transfer, OTVOS Alexandru Seculin → TASCA Simion-Sorin, 10 shares
- Partner, OTVOS Alexandru Seculin
- TASCA Simion-Sorin holds 99 shares (99%)
- OTVOS loan holds 1 share (1%)
- The deed holds 4 more points.
2025
03-12
micro format · 125 days late
03-09
Gazette deed
Resignation: Alexandru Ötvöş (director)Appointment: Simion Taşcă (sole director) · Partner: Alexandru Ötvöş4 points ▸
Gazette deed
Resignation: Alexandru Ötvöş (director)
Appointment: Simion Taşcă (sole director) · Partner: Alexandru Ötvöş4 points ▸
- General meeting, 23-05-2025, mentioned twice in the deed
- Director resignation, Alexandru Ötvöş
- Partner, Alexandru Ötvöş
- Director appointment, Simion Taşcă (sole director)
- The deed holds 2 more points.
2024
23-02
Gazette deed
IncorporationFounding capital of €1,000 · Founders: TAC Simion-Sorin and OTVOS Alexandru Seculin · Appointments: TAC Simion-Sorin (manager) and OTVOS Alexandru Seculin (manager)10 points ▸
Gazette deed
Incorporation
Founding capital of €1,000 · Founders: TAC Simion-Sorin and OTVOS Alexandru Seculin · Appointments: TAC Simion-Sorin (manager) and OTVOS Alexandru Seculin (manager)10 points ▸
- Founder, TAC Simion-Sorin
- Founder, OTVOS Alexandru Seculin
- Capital, €1,000
- TAC Simion-Sorin holds 90% of the shares
- OTVOS Alexandru Seculin holds 10% of the shares
- Director appointment, TAC Simion-Sorin (manager), mentioned twice in the deed
- Registered office clause, Bergensesteenweg 24/8, 1600 Saint-Pieters-Leeuw
- Board rule, 2
- Director appointment, OTVOS Alexandru Seculin (manager)
- Board composition, Simion Taca (manager)
- The deed holds 4 more points.
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Lexi Construct in Dutch
Enterprise number
1006.261.172
Legal form
General partnership
Status
Active, normal situation
Founded
21-02-2024
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 23-02-2024 (in Dutch)Name clauseThe company operates under this name according to its articles.
Lexi Construct
deed of 23-02-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Geweest”
deed of 23-02-2024 (in Dutch)Registered office and establishments
Registered office
Bergensesteenweg 24, 1600 Sint-Pieters-Leeuw, Belgium
Establishment unit
Lexi Construct, Hellenenstraat 23, 1050 Ixelles since 21-02-2024 · unit number 2.356.160.682
Activities
NACEBEL 202543990
Other specialised construction activities main activity
41003
General construction of other non-residential buildings
43331
Floor and wall tiling
43341
Painting of buildings
43350
Other building finishing work
43910
Bricklaying and masonry work
Codes under NACEBEL 2008
43999
Specialised construction activities main activity
41203
Construction of residential and non-residential buildings
43331
Floor and wall tiling
43341
Painting of buildings
43390
Specialised construction activities
43994
Specialised construction activities
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 23-02-2024 (in Dutch)
“Algemene bouwonderneming (ruwbouw en dak opstelling) en ook de coördinatie van onderaannemers; Onderneming van rioolwerkzaamheden…”
46 activities
- Algemene bouwonderneming (ruwbouw en dak opstelling) en ook de coördinatie van onderaannemers
- Onderneming van rioolwerkzaamheden
- Onderneming van bouwsloopwerkzaamheden
- Alle hydraulische werken, drooglegging, leggen van diverse kabels en kanalen, industriële buizen
- Wegwerkzaamheden en de bouw van niet metalen kunstwerken, spoorwegwerkzaamheden, wegsignalisatie
- Thermische en akoestische isolatie
- Metalen, constructies en metalen kunstwerken
- Alle plafonneerwerken, werken met natuursteen, marmer, centrale verwarming, sanitaire installaties, lood en zinkwerken
- Alle werkzaamheden in het domein van de interne en externe decoratie van gebouwen
- De uitbating van een schrijnwerkerij in de ruimste zin van het woord, met begrip van meubelmakerij, vervaardiging en installatie van allerhande op maat gemaakte meubelen, kasten, keukens, enz.
- Timmer- en schrijnwerk zoals onder meer: het timmer- en schrijnwerk voor gebouwen, het plaatsen van plasticdeuren en plinten, het plaatsen van houten vensterluiken en van luiken in plastiek, het leggen van parketvloeren en alle andere houten bedekkingen van muren en vloeren, het plaatsen van schutsels en vals zolderingen in hout
- De verzadigingen en plaatsing van deuren, ramen, kozijnen, luiken, jaloezieën, plinten, staflijsten uit hout en andere materialen
- Alle bouwwerkzaamheden, werkzaamheden van dak inrichting, herenkleding, herstellingen onderhoud, veranderingswerken van gebouwen, even als voegen, zandreiniging van voorgevels, industriële zandreiniging
- Laying dekvloer, sanitair, tegels, centrale verwarming en ventilatie, het dak waterdicht maken, isolatie
- Alle grondwetten, inrichting van parken en tuinen, het plaatsen van omheiningen
- Alle tuinwerken
- Detailhandel in bouwmaterialen
- Verhuur van materiaal en werktuigen
- Alle activiteiten gerelateerd aan de bouw
- Aankoop, exchange, verkoop, rekening houdend verhuur en onderverhuur, toewijzing verhuurd en onderverhuurd, allemaal met of zonder koopoptie, bedienen en het onderhoud van huizen, appartementen, kantoren, winkels, bedrijven, land, en land gebieden, en in het algemeen en onroerend goed, en alle financiële transacties
- Loodgieterswerk, installatie van verwarming en klimaatregeling
- Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen
- Isolatie van koelkamers en pakhuizen
- Onderneming voor de installatie van elektrische bedrading en toebehoren
- Schilderkunst schepen en boten door niet-gespecialiseerde eenheden
- En waterput bouw, mijnschachten
- Grondverzet: graven, ophogen, egaliseren en nivelleren van bouwterreinen, graven van sleuven en geulen, verwijderen van deklagen en overige werkzaamheden in verband met de ontsluiting van delfstoffen en de voorbereiding van de ontginning
- Onderneming voor het boren en aanleggen van waterputten, graven van mijnschachten
- Schilderen van gebouwen, van het binnen en buitenwerk van gebouwen
- Overige werkzaamheden in verband met de afwerking van gebouwen
- Algemene coördinatiewerkzaamheden bouwwerf
- Restaureren van gebouwen
- Slopen
- Schoonmaken van gebouwen, zoals burelen, appartementen
- Chapewerken
- Elektrotechnische installatiewerken aan gebouwen
- Vervoer van goederen
- Vervoer te land en vervoer via pijpleidingen
- Overig personenvervoer te land
- Tuinieren
- Terugwinning van metalen
- Recycling van metalen, ijzerrecycling
- Recuperatie van recycleerbare ferro en non ferrometalen door het samenpersen van schroot en gebruikte voertuigen
- Verhuisdienst
- Goederenvervoer over de weg en verhuisbedrijven
- Waterdicht maken van daken en dakterrassen
Invoicing and payment
VAT number
BE 1006.261.172
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1006.261.172
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of June at 14:00
deed of 23-02-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the addresses
Ground area
1,952 m²
Building footprint
588 m²
Building volume
5,703 m³
Tallest building: 15.7 m.
Flanders
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 |
| 21445C0264/00L021 | Brussels | 314 m² | 1 · 191 m² | 15.7 m · 4 |