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LEZMA

Active
Private limited companyfounded 201015 yrs activeRue du Moulin 21, 6740 Etalle, BelgiumKBO/BCE: BE 0831.392.839
Summary

LEZMA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127,181 and a net result of €69,863. Equity is growing by ~18.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+21
Solvency100▲+41
Growth52▲+10
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 4.61 against 0.03 in 2024; short-term debt: 21.7% and cash: 100% of total assets), and 21.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
78.1%
Return on assets
42.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-03-2026, 144 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
144 d early
2024
84 d early
2023
69 d early
2022
26 d early
2021
24 d late
2020
3 d early
2019
46 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 37 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 25 November 2010, LEZMA was incorporated.1 Revenue went from EUR 30,813 in 2018 to EUR 14,000 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€14,000▼ 44.4%
2024 · €25,198
EBIT margin
784.6%▲ 760.5pp
2024 · 24.1%
Net result
€69,863▲ 3,827%
2024 · €1,779
Working capital
€127,581
2024 · -€36,723
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€33,623▲ 1.2%€35,323▲ 5.1%€36,799▲ 4.2%€25,198▼ 31.5%€14,000▼ 44.4%
Operating result€15,156▲ 4.2%€16,429▲ 8.4%€16,534▲ 0.6%€6,073▼ 63.3%€109,843▲ 1,709%
Net result€7,635▲ 10.7%€8,927▲ 16.9%€9,299▲ 4.2%€1,779▼ 80.9%€69,863▲ 3,827%
EBIT margin45.1%▲ 1.3pp46.5%▲ 1.4pp44.9%▼ 1.6pp24.1%▼ 20.8pp784.6%▲ 760.5pp
Equity€37,312▲ 25.7%€46,240▲ 23.9%€55,538▲ 20.1%€57,317▲ 3.2%€127,181▲ 122%
Total assets€214,967▼ 6.2%€201,752▼ 6.1%€184,340▼ 8.6%€169,833▼ 7.9%€162,936▼ 4.1%
Debt€177,655▼ 11.0%€155,512▼ 12.5%€128,802▼ 17.2%€112,515▼ 12.6%€35,755▼ 68.2%
Working capital-€62,735▲ 15.0%-€51,543▲ 17.8%-€40,131▲ 22.1%-€36,723▲ 8.5%€127,581
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2021: €15,156€15,156Net result 2021: €7,635€7,635Operating result 2022: €16,429€16,429Net result 2022: €8,927€8,927Operating result 2023: €16,534€16,534Net result 2023: €9,299€9,299Operating result 2024: €6,073€6,073Net result 2024: €1,779€1,779Operating result 2025: €109,843€109,843Net result 2025: €69,863€69,86320212022202320242025€0€50,000€100,000Operating result 2023: €16,534€16,500Net result 2023: €9,299€9,300Operating result 2024: €6,073€6,070Net result 2024: €1,779€1,780Operating result 2025: €109,843€110,000Net result 2025: €69,863€69,900202320242025
The operating result recovers in 2025; 2025 is 1,709% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €162,936
Equity €127,181 ▲ 122%
Debt €35,755 ▼ 68.2%
Debt's share of the balance-sheet total falls from 66.3% to 21.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
4.61▲
2024 · 0.03
Debt to equity
0.28▼
2024 · 1.96
ROE
54.9%▲
2024 · 3.1%
ROA
42.9%▲
2024 · 1.0%
Debt ≤ 1 year
€35,355▼
2024 · €37,666
Income taxes
€34,707▲
2024 · €648
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
3.8% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 34,679 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€169,833€162,936▼
Fixed assets21/28€168,889-
Tangible fixed assets22/27€168,889-
Land and buildings22€168,889-
Current assets29/58€944€162,936▲
Cash at bank and in hand54/58€944€162,936▲
Equity and liabilities
Total equity and liabilities10/49€169,833€162,936▼
Equity10/15€57,317€127,181▲
Contributions10/11€6,200€6,200=
Reserves13€1,860€69,860▲
Distributable reserves133€1,860€69,860▲
Profit (loss) carried forward14€49,257€51,121▲
Amounts payable17/49€112,515€35,755▼
Amounts payable after more than one year17€74,849-
Financial debts170/4€74,849-
Amounts payable within one year42/48€37,666€35,355▼
Current portion of amounts payable after more than one year42€13,419-
Taxes, remuneration and social security45€1,247€35,355▲
Taxes450/3€1,247€35,355▲
Other amounts payable47/48€23,000-
Accrued charges and deferred income492/3-€400
Income statement Code20242025
Turnover70€25,198€14,000▼
Goods, raw materials, services and sundry goods60/61€2,507€14,003▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,048-
Other operating charges640/8€1,570€1,265▼
Gross operating margin9900€22,691€111,108▲
Operating profit (loss)9901€6,073€109,843▲
Financial charges65/66B€3,646€5,272▲
Recurring financial charges65€3,646€5,272▲
Profit (loss) for the period before taxes9903€2,427€104,571▲
Income taxes67/77€648€34,707▲
Profit (loss) for the period9904€1,779€69,863▲
Profit (loss) for the period to be appropriated9905€1,779€69,863▲
Appropriation of the result
Profit (loss) to be appropriated9906€49,257€119,121▲
Profit (loss) brought forward from the previous period14P€47,478€49,257▲
Transfer to equity691/2-€68,000
To other reserves6921-€68,000

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€33,623€35,323€36,799€25,198€14,000▼ 44.4%
Goods, raw materials, services and sundry goods60/61€1,991€2,392€3,674€2,507€14,003▲ 458%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,098€15,098€15,048€15,048--
Other operating charges640/8€1,378€1,404€1,542€1,570€1,265▼ 19.4%
Gross operating margin9900€31,632€32,931€33,125€22,691€111,108▲ 390%
Operating profit (loss)9901€15,156€16,429€16,534€6,073€109,843▲ 1,709%
Financial charges65/66B€4,946€4,526€4,136€3,646€5,272▲ 44.6%
Recurring financial charges65€4,946€4,526€4,136€3,646€5,272▲ 44.6%
Profit (loss) for the period before taxes9903€10,210€11,903€12,398€2,427€104,571▲ 4,209%
Income taxes67/77€2,575€2,976€3,100€648€34,707▲ 5,259%
Profit (loss) for the period9904€7,635€8,927€9,299€1,779€69,863▲ 3,827%
Profit (loss) for the period to be appropriated9905€7,635€8,927€9,299€1,779€69,863▲ 3,827%
Line20212022202320242025Change
Assets
Total assets20/58€214,967€201,752€184,340€169,833€162,936▼ 4.1%
Fixed assets21/28€214,083€198,985€183,937€168,889--
Tangible fixed assets22/27€214,083€198,985€183,937€168,889--
Land and buildings22€214,083€198,985€183,937€168,889--
Current assets29/58€884€2,766€403€944€162,936▲ 17,165%
Cash at bank and in hand54/58€884€2,766€403€944€162,936▲ 17,165%
Equity and liabilities
Total equity and liabilities10/49€214,967€201,752€184,340€169,833€162,936▼ 4.1%
Equity10/15€37,312€46,240€55,538€57,317€127,181▲ 122%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€1,860€1,860€69,860▲ 3,656%
Non-distributable reserves130/1€1,860€1,860----
Reserves not available under the articles1311€1,860€1,860----
Distributable reserves133--€1,860€1,860€69,860▲ 3,656%
Profit (loss) carried forward14€29,252€38,180€47,478€49,257€51,121▲ 3.8%
Amounts payable17/49€177,655€155,512€128,802€112,515€35,755▼ 68.2%
Amounts payable after more than one year17€113,689€101,203€88,268€74,849--
Financial debts170/4€113,689€101,203€88,268€74,849--
Amounts payable within one year42/48€63,619€54,310€40,534€37,666€35,355▼ 6.1%
Current portion of amounts payable after more than one year42€12,044€12,486€12,934€13,419--
Taxes, remuneration and social security45€575€476€600€1,247€35,355▲ 2,735%
Taxes450/3€575€476€600€1,247€35,355▲ 2,735%
Other amounts payable47/48€51,000€41,348€27,000€23,000--
Accrued charges and deferred income492/3€348---€400-
Line20212022202320242025Change
Profit (loss) for the period9904€7,635€8,927€9,299€1,779€69,863▲ 3,827%
+ Depreciation and write-downs630€15,098€15,098€15,048€15,048--
Operating cash flow (approximation)€22,733€24,025€24,347€16,827€69,863▲ 315%
Investment in fixed assets (approximation)-€0€0€0--
Change in cash-€1,882-€2,363€541€161,992▲ 29,868%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €69,863 ▲3,827%
Operating result €109,843, net result €69,863, both a record.
31-12
Financial Liquidity times 184current ratio 4.61
Current ratio from 0.03 to 4.61; short-term debt falls from €37,666 to €35,355.
31-12
Financial Equity above €100,000Eq €127,181 ▲122%
8 profitable years in a row build equity to €127,181.
08-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €1,779 ▼80.9%
Net result drops to €1,779, the lowest in the series; recovery starts the following year.
23-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
24-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
28-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
15-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 46 days late
2019
17-09
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 48 days late
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
04-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 acts for this company are 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, Etalle · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
226 m²
Building footprint
112 m²
Volume, LiDAR
1,194 m³
Parcel 85009C1523/00S000, Wallonia · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LEZMA
Rue du Moulin 21, 6740 EtalleRenting and operating of own or leased residential real estate, excluding social housing
since 20102.196.003.883
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
85009C1523/00S000 Wallonia 226 m² 1 · 112 m² 14.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded25-11-2010
Fiscal year end31-12
Contact
Phone 063/45.71.43Etalle
Fax 063/45.71.44Etalle
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.