ETIENNE LEHMANN, AVOCAT
ActiveSummary
ETIENNE LEHMANN, AVOCAT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.83M and a net result of €494k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth62▼-6
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days only on tighter terms
Liquidity ample (current ratio 27.17 against 5.88 in 2023; short-term debt: 3.6% and cash: 35.4% of total assets), and 3.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Sector 69
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
96.4%
Return on assets
26%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-04-2026, 257 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
257 d late
2023
191 d late
2022
108 d late
2021
124 d late
2020
165 d late
2019
530 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€1.15M▼ 19.6%
2023 · €1.43M
2019: €1.17M
2020: €1.51M
2023: €1.43M
2019 → 2024
EBIT margin
57.4%▼ 8.4pp
2023 · 65.7%
2019: 65.5%
2020: 66.6%
2023: 65.7%
2019 → 2024
Net result
€494k▼ 31.9%
2023 · €725k
2018: €336k
2019: €571k
2020: €756k
2021: €477k
2022: €454k
2023: €725k
2018 → 2024
Working capital
€1.81M▲ 37.5%
2023 · €1.31M
2018: €853k
2019: €954k
2020: €1.23M
2021: €1.19M
2022: €1.22M
2023: €1.31M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.51M-€1.43M€1.15M▼ 19.6%
Equity€1.26M-€1.22M▼ 3.3%€1.24M▲ 2.1%€1.34M▲ 7.9%€1.83M▲ 36.9%
Operating result€1.00M-€642k▼ 35.9%€611k▼ 4.9%€938k▲ 53.5%€658k▼ 29.8%
Net result€756k-€477k▼ 37.0%€454k▼ 4.7%€725k▲ 59.7%€494k▼ 31.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 30% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.90M
Fixed assets
€29k ▲ 7.3%
Current assets
€1.87M ▲ 18.5%
Equity and liabilities €1.90M
Equity
€1.83M ▲ 36.9%
Debt
€69k ▼ 74.4%
Debt's share of the balance-sheet total falls from 16.7% to 3.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€669k▼
2023 · €948k
Cash flow
€506k▼
2023 · €736k
Current ratio
27.17▲
2023 · 5.88
Debt to equity
0.04▼
2023 · 0.20
ROE
26.9%▼
2023 · 54.1%
ROA
26.0%▼
2023 · 45.1%
Interest coverage
4817.02▼
2023 · 11009.96
Debt ≤ 1 year
€69k▼
2023 · €269k
Income taxes
€164k▼
2023 · €215k
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 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.61M€1.90M▲
Fixed assets21/28€27k€29k▲
Tangible fixed assets22/27€27k€29k▲
Plant, machinery and equipment23€13k€8k▼
Furniture and vehicles24€1k€603▼
Other tangible fixed assets26€13k€20k▲
Current assets29/58€1.58M€1.87M▲
Amounts receivable within one year40/41€382k€274k▼
Trade receivables40€370k€268k▼
Other amounts receivable41€12k€6k▼
Current investments50/53€176k€926k▲
Cash at bank and in hand54/58€1.02M€674k▼
Equity and liabilities
Total equity and liabilities10/49€1.61M€1.90M▲
Equity10/15€1.34M€1.83M▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€1.32M€1.81M▲
Amounts payable17/49€269k€69k▼
Amounts payable within one year42/48€269k€69k▼
Trade debts44€6k€8k▲
Suppliers440/4€6k€8k▲
Taxes, remuneration and social security45€210k€7k▼
Taxes450/3€210k€7k▼
Other amounts payable47/48€54k€54k▲
Income statement
Code20232024
Turnover70€1.43M€1.15M▼
Non-recurring operating income76A€21k€21k▲
Goods, raw materials, services and sundry goods60/61€499k€498k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€12k▲
Other operating charges640/8-€968
Gross operating margin9900€948k€670k▼
Operating profit (loss)9901€938k€658k▼
Financial income75/76B€3k€685▼
Recurring financial income75€3k€685▼
Non-recurring financial income76B€3k€685▼
Financial charges65/66B€86€139▲
Recurring financial charges65€86€139▲
Non-recurring financial charges66B€86€139▲
Profit (loss) for the period before taxes9903€940k€658k▼
Income taxes67/77€215k€164k▼
Profit (loss) for the period9904€725k€494k▼
Profit (loss) for the period to be appropriated9905€725k€494k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.95M€1.81M▼
Profit (loss) brought forward from the previous period14P€1.22M€1.32M▲
Profit to be distributed694/7€627k-
Return on contributions (dividend)694€627k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 257 days late
2025
07-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 191 days late
2024
31-12
Financial
Liquidity times 5current ratio 27.17
Current ratio from 5.88 to 27.17; short-term debt falls from €269k to €69k.
2023
16-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 108 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 18.94
Current ratio from 8.32 to 18.94; short-term debt falls from €162k to €68k.
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 124 days late
12-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 165 days late
12-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 530 days late
2020
31-12
Financial
Highest result since 2018net €756k ▲32.4%
Operating result €1.00M, net result €756k, both a record.
31-12
Financial
Equity above €1MEq €1.26M ▲28%
3 profitable years in a row build equity to €1.26M.
2019
31-12
Financial
Liquidity doublescurrent ratio 8.82
Current ratio from 4.24 to 8.82; short-term debt falls from €263k to €122k.
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 119 days late
Show earlier events
2018
08-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 100 days late
2017
27-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 119 days late
2016
29-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 121 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Koekelberg · 3 establishment units since 2010
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.
Pantheonlaan 541081 KoekelbergGround area
2,494 m²
Building footprint
774 m²
Volume, LiDAR
10,266 m³
3 parcels, Brussels, Wallonia · tallest building 28.0 m, ±7 floors. Linked by address, not a title deed.
3 establishment units
Etienne Lehmann, Avocat
since 20102.185.680.709
Etienne Lehmann, Avocat
since 20102.185.681.895
Etienne Lehmann, Avocat
since 20102.185.682.291
3 parcels
Wallonia
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92054B0460/00D000 | Wallonia | 1,451 m² | 1 · 202 m² | - |
| 21019A0205/00N003 | Brussels | 780 m² | 1 · 470 m² | 28.0 m · 7 fl. |
| 21492B0071/00X005 | Brussels | 263 m² | 1 · 102 m² | 15.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 2,901 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
Founded19-02-2010
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.