LEXTRAD
ActiveSummary
LEXTRAD has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.28M and a net result of €267k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 67% of 8093 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+2
Solvency97▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €330k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 3.51 in 2023; short-term debt: 21.7% and cash: 0.8% of total assets), and 28.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
71.5%
Return on assets
4.5%
Age of the figures
21 mo
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 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
57 d early
2022
14 d early
2021
18 d early
2020
29 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€4.28M▼ 14.6%
2023 · €5.02M
2018: €1.63M
2019: €3.87M
2020: €4.75M
2021: €5.13M
2022: €5.34M
2023: €5.02M
2018 → 2024
Total assets
€5.99M▼ 4.2%
2023 · €6.25M
2018: €2.75M
2019: €5.44M
2020: €6.31M
2021: €6.26M
2022: €6.29M
2023: €6.25M
2018 → 2024
Net result
€267k▲ 81.2%
2023 · €147k
2018: €469k
2019: €2.25M
2020: €879k
2021: €380k
2022: €208k
2023: €147k
2018 → 2024
Working capital
€893k▼ 47.1%
2023 · €1.69M
2018: €216k
2019: €2.35M
2020: €2.63M
2021: €1.93M
2022: €2.06M
2023: €1.69M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4.75M-€5.13M▲ 8.0%€5.34M▲ 4.0%€5.02M▼ 6.0%€4.28M▼ 14.6%
Operating result€1.01M-€493k▼ 51.4%€281k▼ 43.0%€101k▼ 63.9%€254k▲ 150%
Net result€879k-€380k▼ 56.7%€208k▼ 45.4%€147k▼ 29.1%€267k▲ 81.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 150% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.99M
Fixed assets
€3.79M ▼ 2.5%
Current assets
€2.19M ▼ 7.0%
Equity and liabilities €5.99M
Equity
€4.28M ▼ 14.6%
Debt
€1.71M ▲ 38.0%
Debt's share of the balance-sheet total rises from 19.8% to 28.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€361k▲
2023 · €210k
Cash flow
€374k▲
2023 · €256k
Current ratio
1.69▼
2023 · 3.51
Debt to equity
0.40▲
2023 · 0.25
ROE
6.2%▲
2023 · 2.9%
ROA
4.5%▲
2023 · 2.4%
Interest coverage
12.74▼
2023 · 14.64
Debt ≤ 1 year
€1.30M▲
2023 · €672k
Debt > 1 year
€405k▼
2023 · €564k
Income taxes
€94k▲
2023 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€6.25M€5.99M▼
Fixed assets21/28€3.89M€3.79M▼
Tangible fixed assets22/27€2.58M€2.48M▼
Land and buildings22€2.55M€2.45M▼
Furniture and vehicles24€6k€11k▲
Other tangible fixed assets26€23k€17k▼
Financial fixed assets28€1.32M€1.32M▼
Current assets29/58€2.36M€2.19M▼
Amounts receivable after more than one year29€531k€158k▼
Other amounts receivable291€531k€158k▼
Amounts receivable within one year40/41€51k€101k▲
Trade receivables40-€50k
Other amounts receivable41€51k€51k=
Current investments50/53€1.68M€1.88M▲
Cash at bank and in hand54/58€95k€51k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€6.25M€5.99M▼
Equity10/15€5.02M€4.28M▼
Contributions10/11€19k€19k=
Reserves13€2.03M€1.30M▼
Tax-exempt reserves132€75k€75k=
Distributable reserves133€1.96M€1.22M▼
Profit (loss) carried forward14€2.97M€2.97M=
Amounts payable17/49€1.24M€1.71M▲
Amounts payable after more than one year17€564k€405k▼
Financial debts170/4€564k€405k▼
Amounts payable within one year42/48€672k€1.30M▲
Current portion of amounts payable after more than one year42€161k€163k▲
Trade debts44€14k€109k▲
Suppliers440/4€14k€109k▲
Taxes, remuneration and social security45€24k€25k▲
Taxes450/3€24k€25k▲
Other amounts payable47/48€472k€1.00M▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€108k€108k▼
Other operating charges640/8€19k€19k▼
Gross operating margin9900€229k€381k▲
Operating profit (loss)9901€101k€254k▲
Financial income75/76B€110k€135k▲
Recurring financial income75€110k€122k▲
Non-recurring financial income76B-€13k
Financial charges65/66B€14k€28k▲
Recurring financial charges65€14k€28k▲
Profit (loss) for the period before taxes9903€197k€360k▲
Income taxes67/77€49k€94k▲
Profit (loss) for the period9904€147k€267k▲
Profit (loss) for the period to be appropriated9905€147k€267k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.11M€3.23M▲
Profit (loss) brought forward from the previous period14P€2.97M€2.97M=
Transfer from equity791/2€469k€1.00M▲
Transfer to equity691/2€147k€267k▲
To other reserves6921€147k€267k▲
Profit to be distributed694/7€469k€1.00M▲
Return on contributions (dividend)694€469k€1.00M▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-08
State Gazette act
Board meeting · Director resignation
Permanent representative · Director appointment
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €147k ▼29.1%
Net result drops to €147k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €5MEq €5.13M ▲8%
4 profitable years in a row build equity to €5.13M.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €2.25M ▲379%
Operating result €2.97M, net result €2.25M, both a record.
31-12
Financial
Liquidity times 5current ratio 7.85
Current ratio from 1.71 to 7.85.
31-12
Financial
Equity above €2MEq €3.87M ▲138%
2 profitable years in a row build equity to €3.87M.
Show earlier events
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
14-09
State Gazette act
General meeting · Director reappointment
Director resignation · Director appointment
14-09
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Overijse · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Smetslaan 233090 OverijseGround area
1,746 m²
Building footprint
226 m²
Volume, LiDAR
1,611 m³
Parcel 23543O0005/00H009, Flanders · tallest building 18.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LEXTRAD
since 19942.066.541.151
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23543O0005/00H009 | Flanders | 1,746 m² | 1 · 226 m² | 18.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
2 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
2 locations
1 location
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 659 EUR awarded · 659 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 659 EUR | 659 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
875500O8P8DPUBQYAO07
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 12,536 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-1994
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
69109Other legal services
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:bernard.thuysbaert@gmail.com