Equity
-€229,188
Debts exceed assets in financial year 2025.
LEXCOMM
Lifetime
19 annual accounts with figures on one time axis, 23 filings since 2003peak €84,454 (2016)
€51,100▲ 159%
lowest -€227,179 (2020)
€9,617▲ €29,721
peak €25,780 (2007)
-€229,188▲ €9,617
€1.9m▼ 4.7%
Board2 names since 2021
2 directorsLOWIES Chris and 1 other
Documentsfilings and deeds
28-09-202659 days late
2025micro format
Gross margin from €19,731 to €51,100Back to profit: €9,617Cash from €1,637 to €5,596
Key points
from the 2025 annual accountsDebts
€1.9m 113% of the balance sheet
Financial debts 20%Suppliers 1%Taxes and wages 1%Other 79%
Of this, €1.5m falls due within a year.
Position in the sector
-€229,188
Less equity than 95% of companies in head offices and management consultancy. Sector median €78,242 · 39,408 companies.
2025 accounts filed 59 days after the deadline
Checked score
54
Fair
Financially stronger than 22% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%lowest value
01-2025: 0.6%● unchanged vs 12-2024lowest value
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 1.0%▲ +0.3 percentage points vs 07-2025
09-2025: 1.2%▲ +0.2 percentage points vs 08-2025
10-2025: 1.5%▲ +0.3 percentage points vs 09-2025
11-2025: 1.1%▼ -0.4 percentage points vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.0%▼ -0.1 percentage points vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 1.5%▲ +0.5 percentage points vs 07-2026
09-2026: 1.7%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 1.0%▼ -0.7 percentage points vs 09-2026
11-2026: 1.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Liquidity: current ratio 0.25, cash €5,596
Last filed accounts filed 59 days late; 2 of the last 3 accounts late
Negative equity -€229,188
lowers risk
Size: total assets €1.6m
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 70, micro). It does better than 7% of them on solvency, 1% on liquidity, 32% on profitability and 49% on growth.
The bankruptcy probability was computed on 10-11-2026 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, 519 companies had the same profile as LEXCOMM has now. Each dot stands for 2 companies, two years later.
91.7%
were still trading
3.9%
stopped another way
2.9%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LEXCOMM itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,448 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.
| 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 519 companies, not a prediction for LEXCOMM. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.25 (0.27 in 2024), below 1. Short-term debt is 90.6% and cash 0.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 39376 sector peers (2025).
NBB · sector comparisonPosition among 39376 sector peers
Solvency
better than 8%
← weakest
strongest →
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 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 filingsDeviation from the deadline
2025
59 days late
2024
61 days late
2023
15 days early
2022
30 days late
2021
30 days late
2020
25 days early
2019
63 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 29 days after the deadline. In the sector (NACE 70), 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 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0479112197
Company renamed from VAN - EX to LEXCOMМ
Gazette deed
2 directors reappointed
Changes of role: Van Exel Inge (statutory director) and Lowies Chris (statutory director) · Reappointments: Van Exel Inge (statutory director) and Lowies Chris (statutory director) · “Het verkopen van consulting services in opdracht van derden; Verkopen op commissie in opdracht van derden in…” (deed in Dutch) · General meeting of 28-01-2021 · Gazette deed
Registered office moved from Outgaarden to Wommersom
New registered office: Melkwezerstraat 67, 3350 Wommersom · Previous registered office: Brugstraat 3A, 3321 Outgaarden · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LEXCOMM Linter | €1.6m | €51,100 | -13.9% | - |
| RIMATEC Kampenhout | €1.6m | €56,589 | 51.8% | - |
| madeblas Merchtem | €1.4m | €50,678 | 97.0% | - |
| WIM CEELEN Leuven | €1.4m | €49,306 | 73.7% | - |
| DLP-INVEST Pajottegem | €1.8m | €49,346 | 99.9% | - |
| QUALIPA Mechelen | €1.7m | €51,659 | 43.2% | - |
| ALCIS Waregem | €1.5m | €54,027 | 75.8% | - |
These companies have the same main activity as LEXCOMM: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.4m and €1.8m, founded between 2001 and 2005.
Official details
Source: KBO- Status
- Active since 20-12-2002Normal situation
- Activity
- Business and other management consultancyNACE 70200and 5 others
- Establishment unit
- 2.126.434.7903350 Linter, since 07-03-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Insights on LEXCOMM
LEXCOMM files the micro format. That format states no turnover. The gross margin rose from €46,588 in 2007 to €51,100 in 2025.
The balance sheet grew most from 2020 to 2021 through fixed assets.
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 LEXCOMM
- What is the company number of LEXCOMM?
- The company number of LEXCOMM is 0479.112.197. The VAT number is the same number with BE in front: BE 0479.112.197.
- Where is LEXCOMM based?
- The registered office is at Melkwezerstraat 67, 3350 Linter.Company details
- What does LEXCOMM do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of LEXCOMM?
- LEXCOMM is a private limited company (BV).
- When was LEXCOMM founded?
- LEXCOMM was founded on 20-12-2002.
- Is LEXCOMM still active?
- Yes, LEXCOMM is an active enterprise in the KBO register.
- What is the turnover of LEXCOMM?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €51,100 and 120 comparable companies (NACE 70200). It probably lies between €79,000 and €130,000.Financials
- Is LEXCOMM profitable?
- In financial year 2025, LEXCOMM made a profit of €9,617.
- Where can I find the annual accounts of LEXCOMM?
- LEXCOMM filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LEXCOMM due?
- LEXCOMM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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