LexLau
ActiveThe file of LexLau contains 4 historical bankruptcy publications and 1 administrative flag, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 2.5% (moderate). The 2024 annual accounts show negative equity (-€91,377) and a net result of -€31,591. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 15368 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes · tick = 2023
Profitability4▲+4
Solvency0=
Growth55▲+5
Track record77
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.79 against 0.77 in 2023; short-term debt: 114.6% and cash: 2.4% of total assets), and equity is negative.
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Signals
Ten 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-36.4%
Return on assets
-12.6%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€91,377
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-07-2025, 18 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
18 d early
2023
337 d late
2022
200 d late
2021
175 d late
2020
8 d early
2019
151 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 89 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2024, micro schema
Turnover
€331,413▲ 55.7%
2023 · €212,873
EBIT margin
-9.5%▲ 19.4pp
2023 · -28.9%
Net result
-€31,591▲ 49.4%
2023 · -€62,409
Working capital
-€60,699▼ 25.3%
2023 · -€48,454
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€219,592▲ 82.7%€254,765▲ 16.0%€334,620▲ 31.3%€212,873▼ 36.4%€331,413▲ 55.7%
Operating result€36,461▲ 2,079%-€19,188-€5,045▲ 73.7%-€61,462▼ 1,118%-€31,329▲ 49.0%
Net result€27,403within the sector's middle half▲ 3,186%-€23,986below the sector's middle half-€11,626below the sector's middle half▲ 51.5%-€62,409below the sector's middle half▼ 437%-€31,591below the sector's middle half▲ 49.4%
EBIT margin16.6%▲ 15.2pp-7.5%▼ 24.1pp-1.5%▲ 6.0pp-28.9%▼ 27.4pp-9.5%▲ 19.4pp
Equity€38,237within the sector's middle half▲ 253%€14,250below the sector's middle half▼ 62.7%€2,624below the sector's middle half▼ 81.6%-€59,785below the sector's middle half-€91,377below the sector's middle half▼ 52.8%
Total assets€98,446below the sector's middle half▲ 82.5%€234,613within the sector's middle half▲ 138%€343,801within the sector's middle half▲ 46.5%€204,910within the sector's middle half▼ 40.4%€250,797within the sector's middle half▲ 22.4%
Debt€60,209▲ 39.7%€220,362▲ 266%€341,177▲ 54.8%€264,695▼ 22.4%€342,174▲ 29.3%
Working capital-€6,652below the sector's middle half-€21,178below the sector's middle half▼ 218%-€2,801below the sector's middle half▲ 86.8%-€48,454below the sector's middle half▼ 1,630%-€60,699below the sector's middle half▼ 25.3%
Solvency38.8%within the sector's middle half▲ 18.8pp6.1%below the sector's middle half▼ 32.8pp0.8%below the sector's middle half▼ 5.3pp-29.2%below the sector's middle half▼ 29.9pp-36.4%below the sector's middle half▼ 7.3pp
Current ratio0.89below the sector's middle half▼ 0.340.87below the sector's middle half▼ 0.020.99below the sector's middle half▲ 0.120.77below the sector's middle half▼ 0.220.79below the sector's middle half▲ 0.02
Return on assets (ROA)27.8%above the sector's middle half▲ 26.3pp-10.2%below the sector's middle half▼ 38.1pp-3.4%below the sector's middle half▲ 6.8pp-30.5%below the sector's middle half▼ 27.1pp-12.6%below the sector's middle half▲ 17.9pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31,329 in 2024 against €61,462 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €250,797
Fixed assets
€24,199 ▼ 44.4%
Current assets
€226,598 ▲ 40.4%
Equity and liabilities
Equity-€91,377
Debt€342,174
Equity is negative: debt (€342,174) exceeds the balance-sheet total (€250,797).
Key figures and ratios
EBITDA
-€11,983▲
2023 · -€32,319
Cash flow
-€12,245▲
2023 · -€33,267
Interest coverage
-45.70▼
2023 · -34.10
Debt ≤ 1 year
€287,298▲
2023 · €209,819
Debt > 1 year
€54,876=
2023 · €54,876
Staff costs
€119,462▲
2023 · €89,023
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.5% 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 497,341 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% | 1.0% |
| 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% 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 6,010 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €219,592 | €254,765 | €334,620 | €212,873 | €331,413 | ▲ 55.7% |
| Goods, raw materials, services and sundry goods60/61 | - | €233,442 | €265,906 | €155,589 | €221,083 | ▲ 42.1% |
| Remuneration, social security and pensions62 | - | €23,335 | €41,911 | €89,023 | €119,462 | ▲ 34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,220 | €16,973 | €30,003 | €29,142 | €19,346 | ▼ 33.6% |
| Other operating charges640/8 | - | €203 | €1,845 | €581 | €2,852 | ▲ 391% |
| Gross operating margin9900 | €55,922 | €21,323 | €68,714 | €57,284 | €110,330 | ▲ 92.6% |
| Operating profit (loss)9901 | €36,461 | -€19,188 | -€5,045 | -€61,462 | -€31,329 | ▲ 49.0% |
| Financial income75/76B | - | €0 | €6 | €0 | - | - |
| Recurring financial income75 | - | €0 | €6 | €0 | - | - |
| Financial charges65/66B | - | €1,065 | €2,817 | €948 | €262 | ▼ 72.3% |
| Recurring financial charges65 | €558 | €1,065 | €2,817 | €948 | €262 | ▼ 72.3% |
| Profit (loss) for the period before taxes9903 | €35,903 | -€20,253 | -€7,856 | -€62,409 | -€31,591 | ▲ 49.4% |
| Income taxes67/77 | €8,500 | €3,733 | €3,770 | - | - | - |
| Profit (loss) for the period9904 | €27,403 | -€23,986 | -€11,626 | -€62,409 | -€31,591 | ▲ 49.4% |
| Profit (loss) for the period to be appropriated9905 | €27,403 | -€23,986 | -€11,626 | -€62,409 | -€31,591 | ▲ 49.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €98,446 | €234,613 | €343,801 | €204,910 | €250,797 | ▲ 22.4% |
| Fixed assets21/28 | €44,889 | €96,690 | €66,687 | €43,545 | €24,199 | ▼ 44.4% |
| Tangible fixed assets22/27 | €43,280 | €95,081 | €65,079 | €35,936 | €16,590 | ▼ 53.8% |
| Furniture and vehicles24 | - | €69,491 | €42,488 | €16,346 | €0 | ▼ 100.0% |
| Other tangible fixed assets26 | - | €25,590 | €22,590 | €19,590 | €16,590 | ▼ 15.3% |
| Financial fixed assets28 | €1,609 | €1,609 | €1,609 | €7,609 | €7,609 | = |
| Current assets29/58 | €53,557 | €137,923 | €277,114 | €161,365 | €226,598 | ▲ 40.4% |
| Amounts receivable within one year40/41 | €46,343 | €121,584 | €268,098 | €157,723 | €218,626 | ▲ 38.6% |
| Trade receivables40 | - | €112,577 | €268,098 | €157,723 | €218,626 | ▲ 38.6% |
| Other amounts receivable41 | - | €9,007 | - | - | - | - |
| Current investments50/53 | - | - | €1,085 | €70 | €70 | = |
| Cash at bank and in hand54/58 | €7,214 | €14,580 | €6,172 | €1,813 | €6,144 | ▲ 239% |
| Deferred charges and accrued income490/1 | - | €1,759 | €1,759 | €1,759 | €1,759 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €98,446 | €234,613 | €343,801 | €204,910 | €250,797 | ▲ 22.4% |
| Equity10/15 | €38,237 | €14,250 | €2,624 | -€59,785 | -€91,377 | ▼ 52.8% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €28,237 | €4,250 | -€7,376 | -€69,785 | -€101,377 | ▼ 45.3% |
| Amounts payable17/49 | €60,209 | €220,362 | €341,177 | €264,695 | €342,174 | ▲ 29.3% |
| Amounts payable after more than one year17 | - | €61,262 | €61,262 | €54,876 | €54,876 | = |
| Financial debts170/4 | - | €61,262 | €61,262 | €54,876 | €54,876 | = |
| Amounts payable within one year42/48 | €60,209 | €159,101 | €279,915 | €209,819 | €287,298 | ▲ 36.9% |
| Current portion of amounts payable after more than one year42 | - | €25,107 | €99 | - | - | - |
| Trade debts44 | €43,942 | €96,149 | €231,943 | €101,478 | €137,935 | ▲ 35.9% |
| Suppliers440/4 | - | €96,149 | €231,943 | €101,478 | €137,935 | ▲ 35.9% |
| Advances received on contracts in progress46 | - | €12,889 | €3,226 | €57,580 | €67,229 | ▲ 16.8% |
| Taxes, remuneration and social security45 | - | €24,956 | €44,648 | €50,760 | €79,593 | ▲ 56.8% |
| Taxes450/3 | - | €21,246 | €25,906 | €44,337 | €70,605 | ▲ 59.2% |
| Remuneration and social security454/9 | - | €3,710 | €18,741 | €6,423 | €8,988 | ▲ 39.9% |
| Other amounts payable47/48 | - | - | - | - | €2,540 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,403 | -€23,986 | -€11,626 | -€62,409 | -€31,591 | ▲ 49.4% |
| + Depreciation and write-downs630 | €5,220 | €16,973 | €30,003 | €29,142 | €19,346 | ▼ 33.6% |
| Operating cash flow (approximation) | €32,623 | -€7,013 | €18,376 | -€33,267 | -€12,245 | ▲ 63.2% |
| Investment in fixed assets (approximation) | - | -€68,774 | €0 | -€6,000 | €0 | ▲ 100% |
| Change in cash | - | €7,366 | -€8,408 | -€4,359 | €4,330 | ▲ 199% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
23-03
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · event 17-02-2026
2025
15-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 09-12-2025
29-09
KBO administration
Address struck
08-08
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · event 01-08-2025
13-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 337 days late
06-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 02-06-2025
2024
16-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 200 days late
2023
31-12
Financial
Weakest financial yearnet -€62,409
Net result drops to -€62,409, the lowest in the series; recovery starts the following year.
22-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 175 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €27,403 ▲3,186%
Operating result €36,461, net result €27,403, both a record.
02-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2019
Ground area
1,913 m²
Building footprint
878 m²
Volume, LiDAR
16,879 m³
2 parcels, Brussels · tallest building 38.6 m, ±11 floors. Linked by address, not a title deed.
42
companies at this address
See who is registered here
1 establishment unit
Establishment
since 20192.290.266.406
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0060/00T002 | Brussels | 1,018 m² | 1 · 176 m² | 38.6 m · 11 fl. |
| 21808H1959/00F000 ProtectedSite or landscapeEgmontpark |
Brussels | 895 m² | 1 · 702 m² | 36.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | Gerry VERSCHUREN Bleekstraat 11/003, 2800 Mechelen |
09-12-2025 → 17-02-2026 |
| Curator | JEROME HENRI Avenue Roger Vanden- Driessche 18, 1150 Woluwe-Saint-Pierre- solon.eu |
02-06-2025 → 01-08-2025 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,057 companies in this sector we hold annual accounts for 9,060. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded14-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0728492170
Also
9925:BE0728492170
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.