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LEXOBRU

Active Private limited companyfounded 2011active for 15 yearsLouizalaan 534, 1050 IxellesKBO/BCE: BE 0835.947.681

Lifetime

15 annual accounts with figures on one time axis
peak €277,469 (2014)
-€4,856▼ €4,951
lowest -€102,810 (2015)
€621▼ 46.9%
peak €497,717 (2013)
€169,737▲ 0.4%
€63,930▼ 32.8%
Board1 name since 2015
1 directorSpelat Sylvie
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €95 to -€4,856Result from €1,169 to €621Debts from €95,182 to €63,930Cash from €63,154 to €3,328

Key points

from the 2025 annual accounts

Equity

€169,737 from €497,717 in 2013

Equity fell by 66% in 12 years.

Investments

€1,299 2.1 × depreciation
20212025

Green is investment, beige is depreciation.

Payment terms

63 days to suppliers
Suppliers
24 to 63
Customers
122 to 119

LEXOBRU pays its suppliers 39 days later than in 2024. Customers pay 3 days earlier.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

Ten of the last ten came late. The 2019 accounts came latest: 98 days after the end of the period.

Position in the sector

€621

Lower net result than 89% of companies in legal and accounting. Sector median €37,367 · 15,822 companies.

Checked score

67
Healthy
Financially stronger than 31% of micro companies in legal and accounting (NACE 69)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 20,103 companies (NACE 69, micro).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.5%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%▼ -0.4 percentage points vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.4%▲ +0.3 percentage points vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.6%▲ +0.1 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.7%▼ -0.1 percentage points vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026

Financial strength
Average

98+9equity 72.6% of total assets
41-31short-term debt 27.4% · cash 1.4%
14-4return on assets 0.3%

Score breakdown

raises risk
1 change of registered office in 24 months
Last filed accounts filed 31 days late; 3 of the last 3 accounts late
Liquidity: current ratio 3.58, cash €3,328, halved
lowers risk
Sector: Legal and accounting activities (NACE 69)
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 69, micro). It does better than 70% of them on solvency, 16% on liquidity, 5% on profitability and 32% on growth.

The bankruptcy probability was computed on 07-11-2026 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 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as LEXOBRU has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of LEXOBRU itself: 0.7% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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%

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 10,904 companies, not a prediction for LEXOBRU. 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.

Credit verdict

Credit of up to €11,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.58 (4.29 in 2024), above the usual 1.5. Short-term debt is 27.4% and cash 1.4% of total assets. 27.4% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Last filed accounts filed 31 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 3.58, cash €3,328, halved
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
92 days late
2023
92 days late
2022
61 days late
2021
30 days late
2020
26 days late
2019
98 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 61 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 September (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SS
Director, since 31-12-2015
Board & ownership

Recent changes

Registered office moved within Brussels New registered office: Avenue Louise, 534 à 1050 Bruxelles · Previous registered office: RUE DE LA BONTE 2A ВТЕ 3, 1000 BRUXELLES · General meeting of 10-12-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0835947681
Change of role: Spelat Sylvie, from manager to director Capital conversion: €54,824.99 · General meeting of 27-12-2023 · Gazette deed
Incorporation published on 13-05-2011 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
LEXOBRU Ixelles €233,667 -€4,856 72.6% -
L&E GLOBAL Brussels €214,475 -€9,706 4.5% -
SPRL CABINET CASTRO ET AUBERT Auderghem €252,413 -€17,102 73.7% -
PARNASSIUS AVOCATS AVOCATEN Uccle €250,552 -€4,902 79.8% -
STEFAAN CLAEYS Ghent €252,287 -€3,458 50.9% -
ADVOCAAT STEPHANIE DEPUYDT Koekelare €207,126 -€10,243 -110.3% -
O.-ROBERT MERCIER, AVOCAT Tournai €217,638 -€17,917 74.8% -

These companies have the same main activity as LEXOBRU: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €207,000 and €252,000, founded between 2008 and 2012.

Official details

Source: KBO
Status
Active since 03-05-2011Normal situation
Registered office
12 active companies are registered at this addressSource: KBO register, as of 7 November 2026.
Activity
Activities of lawyersNACE 69101
Establishment unit
2.231.226.7611050 Ixelles, since 29-04-2011
Financial year end
31 December
Peppol
Reachable since 10-12-2025
Company details

Annual accounts 2025

€233,667▼ 11.6%
≈ 0 FTEestimated
Filing
Filed on 31-08-2026
Financials

Insights on LEXOBRU

LEXOBRU files the micro format. That format states no turnover. The gross margin fell from €98,972 in 2011 to -€4,856 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LEXOBRU

What is the company number of LEXOBRU?
The company number of LEXOBRU is 0835.947.681. The VAT number is the same number with BE in front: BE 0835.947.681.
Where is LEXOBRU based?
The registered office is at Louizalaan 534, 1050 Ixelles.Company details
What does LEXOBRU do?
According to the KBO register, the main activity is activities of lawyers (NACE 69101).
What is the legal form of LEXOBRU?
LEXOBRU is a private limited company (BV).
When was LEXOBRU founded?
LEXOBRU was founded on 03-05-2011.
Is LEXOBRU still active?
Yes, LEXOBRU is an active enterprise in the KBO register.
How many employees does LEXOBRU have?
LEXOBRU had an average of 2 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of LEXOBRU?
The turnover of LEXOBRU was €183,344 in financial year 2025, according to the filed annual accounts.
Is LEXOBRU profitable?
In financial year 2025, LEXOBRU made a profit of €621.
Where can I find the annual accounts of LEXOBRU?
LEXOBRU filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LEXOBRU due?
LEXOBRU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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