LEXIMO
ActiveSummary
LEXIMO has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191,414 and a net result of €13,545. Its solvency ranks better than 87% of 5,763 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €191,414
- Profit
- €13,545
- Parent
- elegis Verviers · 100%
- Board
- 4 members
Why 98lowers riskLiquidity: current ratio 3.36, cash €67,658Equity €191,414 (89.8% of total assets)Founded in 2001Sector: Real estate activities (NACE 68)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 91% on solvency, 91% on liquidity and 72% on profitability.
The bankruptcy probability was computed on 23-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Appointments: VANDEVYVER ASSOCIATION D'AVOCATS, JULIE HUYNEN…Permanent representatives: VANDEVYVER Christophe, HUYNEN…
- Annual accounts filedfinancial year 2003 · full…
Financials · financial year 2025, full format
Peer companies
Historical observationOf the 31,373 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 31,373 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.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,054 |
| Other operating charges640/8 | €3,307 |
| Gross operating margin9900 | €46,685 |
| Operating profit (loss)9901 | €19,324 |
| Financial charges65/66B | €706 |
| Recurring financial charges65 | €706 |
| Profit (loss) for the period before taxes9903 | €18,618 |
| Income taxes67/77 | €5,074 |
| Profit (loss) for the period9904 | €13,545 |
| Profit (loss) for the period to be appropriated9905 | €13,545 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €213,107 | |
| Fixed assets21/28 | €145,433 | |
| Tangible fixed assets22/27 | €145,433 | |
| Land and buildings22 | €48,438 | |
| Plant, machinery and equipment23 | €96,995 | |
| Current assets29/58 | €67,674 | |
| Amounts receivable within one year40/41 | €16 | |
| Other amounts receivable41 | €16 | |
| Cash at bank and in hand54/58 | €67,658 | |
| Deferred charges and accrued income490/1 | €0 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €213,107 | |
| Equity10/15 | €191,414 | |
| Contributions10/11 | €50,000 | |
| Reserves13 | €141,414 | |
| Non-distributable reserves130/1 | €0 | |
| Reserves not available under the articles1311 | €0 | |
| Distributable reserves133 | €141,414 | |
| Profit (loss) carried forward14 | €0 | |
| Amounts payable17/49 | €21,694 | |
| Amounts payable within one year42/48 | €20,139 | |
| Trade debts44 | €0 | |
| Suppliers440/4 | €0 | |
| Taxes, remuneration and social security45 | €5,074 | |
| Taxes450/3 | €5,074 | |
| Other amounts payable47/48 | €15,065 | |
| Accrued charges and deferred income492/3 | €1,555 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €13,545 |
| + Depreciation and write-downs630 | €24,054 |
| Operating cash flow (approximation) | €37,598 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | full format | 30-01-2026 | 2026-00027779 |
| 30-06-2003 | full format | 05-11-2003 | 2003-78202687 |
| 30-06-2002 | full format | 28-11-2002 | 2002-74104458 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 4
Permanent representatives 3
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| JULIE HUYNEN |
|
| Société d'avocat Amélie HABETS |
|
| Société d'avocat Jérôme Clément |
|
| VANDEVYVER-Association d' Avocats |
|
Owners and capital
Owners
1 ownerChain of control
- elegis Verviers
- LEXIMO
Highest known parent: elegis Verviers. The sources do not say who stands above it.
Owners 1
- elegis Verviersparent100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 03-01-2025 Converted to available equity · €50,000
Group and network
Connections & network
4 current directorsThe board mandates are listed below; here you explore them as a network.
History
Acts, filings and financial milestones
03-01
Gazette deed
Appointments: VANDEVYVER ASSOCIATION D'AVOCATS, JULIE HUYNEN and 2 othersPermanent representatives: VANDEVYVER Christophe, HUYNEN Julie and 2 others · Legal-form conversion · Capital conversion24 facts ▸
- General meeting, 0474.772.834, “Avenue de Spa,46,4800 Verviers” (deed in French)
- Other provision, “adoptée à l'unanimité, rapports préalables à la transformation” (deed in French)
- Other provision, “conclusion du rapport d'expert sur l'état au 2024-09-30, identifier une surévaluation de l'actif net” (deed in French)
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement disponibles” (deed in French)
- Other provision, “adoptée à l'unanimité, démission des gérants actuels” (deed in French)
- Other provision, “responsabilité solidaire et indéfinie pour engagements antérieurs, jusqu’à l’opposabilité aux tiers de l’acte de transformation” (deed in French)
- Amendment of the articles
- Capital
- Director appointment, VANDEVYVER ASSOCIATION D'AVOCATS (director (not named in the articles))
- Director appointment, JULIE HUYNEN (director (not named in the articles))
- Director appointment, Société d'avocat Amélie HABETS (director (not named in the articles))
- +12 further facts in this act
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63079D0417/00Z025 | Wallonia | 1,329 m² | 1 · 217 m² | 13.7 m · 4 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LEXIMO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, peut établir par simple décision de l’organe d’administration des sièges administratifs,agences,ateliers,dépôts et…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Durée déterminée par même assemblée,à défaut sans limitation de durée, collège d’administrateurs” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of December at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Prévues pour modifications statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et moment, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)