LEMA
ActiveSummary
LEMA has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €202k and a net result of €6k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 94% of 7453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▼-20
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 9.11 against 67.52 in 2024; short-term debt: 10.6% and cash: 0% of total assets), and 10.6% 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+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.4%
Return on assets
2.8%
Age of the figures
9 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
25 d late
2023
30 d late
2022
24 d early
2021
31 d late
2020
44 d early
2019
28 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€202k▲ 3.2%
2024 · €195k
2018: €136k
2019: €142k
2020: €138k
2021: €155k
2022: €178k
2023: €191k
2024: €195k
2018 → 2025
Total assets
€226k▲ 13.9%
2024 · €198k
2018: €168k
2019: €170k
2020: €162k
2021: €190k
2022: €206k
2023: €204k
2024: €198k
2018 → 2025
Net result
€6k▲ 45.8%
2024 · €4k
2018: €19k
2019: €21k
2020: €15k
2021: €17k
2022: €23k
2023: €13k
2024: €4k
2018 → 2025
Working capital
€194k▲ 8.0%
2024 · €179k
2018: €118k
2019: €121k
2020: €115k
2021: €126k
2022: €151k
2023: €170k
2024: €179k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€155k-€178k▲ 14.7%€191k▲ 7.5%€195k▲ 2.3%€202k▲ 3.2%
Operating result€31k-€36k▲ 16.1%€21k▼ 40.0%€5k▼ 77.8%€9k▲ 91.9%
Net result€17k-€23k▲ 37.4%€13k▼ 41.6%€4k▼ 67.3%€6k▲ 45.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 92% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €226k
Fixed assets
€8k ▼ 49.9%
Current assets
€218k ▲ 19.5%
Equity and liabilities €226k
Equity
€202k ▲ 3.2%
Debt
€24k ▲ 786%
Debt's share of the balance-sheet total rises from 1.4% to 10.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▲
2024 · €13k
Cash flow
€14k▲
2024 · €13k
Current ratio
9.11▼
2024 · 67.52
Debt to equity
0.12▲
2024 · 0.01
ROE
3.1%▲
2024 · 2.2%
ROA
2.8%▲
2024 · 2.2%
Interest coverage
3.50▼
2024 · 9.90
Debt ≤ 1 year
€24k▲
2024 · €3k
Income taxes
€4k▲
2024 · €3k
Staff costs
€15k▼
2024 · €93k
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€198k€226k▲
Fixed assets21/28€16k€8k▼
Tangible fixed assets22/27€16k€8k▼
Plant, machinery and equipment23€7k€4k▼
Furniture and vehicles24€8k€4k▼
Other tangible fixed assets26€630€413▼
Financial fixed assets28€250€0▼
Current assets29/58€182k€218k▲
Amounts receivable after more than one year29-€210k
Other amounts receivable291-€210k
Amounts receivable within one year40/41€96k€5k▼
Trade receivables40€20k€605▼
Other amounts receivable41€76k€5k▼
Cash at bank and in hand54/58€80k€11▼
Deferred charges and accrued income490/1€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€198k€226k▲
Equity10/15€195k€202k▲
Contributions10/11€19k€19k=
Reserves13€177k€183k▲
Distributable reserves133€177k€183k▲
Amounts payable17/49€3k€24k▲
Amounts payable within one year42/48€3k€24k▲
Financial debts43-€15k
Credit institutions430/8-€15k
Trade debts44€0€3k▲
Suppliers440/4€0€3k▲
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€395€5k▲
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€0€1k▲
Income statement
Code20242025
Non-recurring operating income76A-€12k
Remuneration, social security and pensions62€93k€15k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼
Other operating charges640/8€856€617▼
Gross operating margin9900€107k€33k▼
Operating profit (loss)9901€5k€9k▲
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€1k€5k▲
Recurring financial charges65€1k€5k▲
Profit (loss) for the period before taxes9903€7k€11k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€4k€6k▲
Profit (loss) for the period to be appropriated9905€4k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€6k▲
Transfer to equity691/2€4k€6k▲
To other reserves6921€4k€6k▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Equity above €200kEq €202k ▲3.2%
8 profitable years in a row build equity to €202k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet €4k ▼67.3%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 67.52
Current ratio from 13.96 to 67.52; short-term debt falls from €13k to €3k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 13.96
Current ratio from 6.28 to 13.96; short-term debt falls from €29k to €13k.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €23k ▲37.4%
Operating result €36k, net result €23k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €150kEq €155k ▲12%
4 profitable years in a row build equity to €155k.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Olen · 1 establishment unit since 1988
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.
Wilgenstraat 242250 OlenGround area
885 m²
Building footprint
101 m²
Volume, LiDAR
11 m³
Parcel 13029D0341/00V000, Flanders · tallest building 0.5 m. Linked by address, not a title deed.
1 establishment unit
ALGEMENE BOUWONDERNEMING
since 19882.040.360.950
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029D0341/00V000 | Flanders | 885 m² | 1 · 101 m² | 0.5 m |
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.
Similar companies · same sector, comparable size
MIRAS7
BE 0736.752.513
Sint-Pieters-Leeuw · Eq €201,737
CMB
BE 0688.730.880
Chaudfontaine · Eq €201,863
DL INVESTISSEMENT
BE 0657.849.050
Jurbise · Eq €201,513
MODULAR BUILDING SOLUTIONS
BE 0462.596.760
Antwerpen · Eq €202,008
BOUWWERKEN PLASMAN
BE 0420.328.516
Oostkamp · Eq €201,435
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 12,066 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
Founded28-06-1988
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.