Lexem
ActiveSummary
The computed 12-month bankruptcy probability of Lexem is 1.9% (moderate). The 2025 annual accounts show equity of €246k and a net result of €65k. Equity is growing by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 37% of 27786 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
62
/ 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
Profitability80▼-9
Solvency60▼-16
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.98 in 2024; short-term debt: 65.1% and cash: 30.2% of total assets), but 65.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
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
34.9%
Return on assets
9.2%
Age of the figures
9 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
7 d early
2024
1 d early
2023
16 d early
2022
17 d early
2021
78 d late
← 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
€246k▼ 19.7%
2024 · €306k
2021: €68k
2022: €79k
2023: €210k
2024: €306k
2021 → 2025
Total assets
€704k▲ 18.2%
2024 · €596k
2021: €101k
2022: €1.24M
2023: €601k
2024: €596k
2021 → 2025
Net result
€65k▼ 32.8%
2024 · €96k
2021: €65k
2022: €11k
2023: €131k
2024: €96k
2021 → 2025
Working capital
€236k▼ 16.7%
2024 · €283k
2021: €27k
2022: €43k
2023: €178k
2024: €283k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€68k-€79k▲ 15.6%€210k▲ 167%€306k▲ 45.7%€246k▼ 19.7%
Operating result€83k-€15k▼ 82.0%€170k▲ 1,031%€135k▼ 20.3%€87k▼ 36.0%
Net result€65k-€11k▼ 83.7%€131k▲ 1,135%€96k▼ 26.9%€65k▼ 32.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €704k
Fixed assets
€10k ▼ 57.2%
Current assets
€694k ▲ 21.2%
Equity and liabilities €704k
Equity
€246k ▼ 19.7%
Debt
€458k ▲ 58.3%
Debt's share of the balance-sheet total rises from 48.6% to 65.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€100k▼
2024 · €151k
Cash flow
€78k▼
2024 · €111k
Current ratio
1.52▼
2024 · 1.98
Debt to equity
1.86▲
2024 · 0.94
ROE
26.2%▼
2024 · 31.4%
ROA
9.2%▼
2024 · 16.1%
Interest coverage
26.17▼
2024 · 28.85
Debt ≤ 1 year
€458k▲
2024 · €289k
Income taxes
€19k▼
2024 · €35k
Staff costs
€280
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€596k€704k▲
Fixed assets21/28€23k€10k▼
Intangible fixed assets21€8k-
Tangible fixed assets22/27€10k€7k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€8k€6k▼
Financial fixed assets28€5k€3k▼
Current assets29/58€573k€694k▲
Amounts receivable after more than one year29€296k€146k▼
Other amounts receivable291€296k€146k▼
Amounts receivable within one year40/41€245k€334k▲
Trade receivables40€234k€326k▲
Other amounts receivable41€11k€8k▼
Cash at bank and in hand54/58€31k€213k▲
Deferred charges and accrued income490/1€856€869▲
Equity and liabilities
Total equity and liabilities10/49€596k€704k▲
Equity10/15€306k€246k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€303k€243k▼
Amounts payable17/49€289k€458k▲
Amounts payable within one year42/48€289k€458k▲
Trade debts44€125k€82k▼
Suppliers440/4€125k€82k▼
Advances received on contracts in progress46€158k€323k▲
Taxes, remuneration and social security45€7k€50k▲
Taxes450/3€7k€50k▲
Other amounts payable47/48€414€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€280
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€13k▼
Other operating charges640/8€2k€824▼
Gross operating margin9900€153k€101k▼
Operating profit (loss)9901€135k€87k▼
Financial income75/76B€506€292▼
Recurring financial income75€506€292▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€131k€83k▼
Income taxes67/77€35k€19k▼
Profit (loss) for the period9904€96k€65k▼
Profit (loss) for the period to be appropriated9905€96k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€303k€368k▲
Profit (loss) brought forward from the previous period14P€207k€303k▲
Profit to be distributed694/7-€125k
Return on contributions (dividend)694-€125k
The notes to these accounts (10 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €131k ▲1135%
Operating result €170k, net result €131k, both a record.
31-12
Financial
Equity above €200kEq €210k ▲167%
3 profitable years in a row build equity to €210k.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €11k ▼83.7%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
Financial milestoneNBB 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, Vosselaar · 1 establishment unit since 2020
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.
Heieinde 512350 VosselaarGround area
194 m²
Building footprint
125 m²
Volume, LiDAR
785 m³
Parcel 13046C0537/00L000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lexem
since 20202.308.727.880
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13046C0537/00L000 | Flanders | 194 m² | 1 · 125 m² | 9.9 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.
Similar companies · same sector, comparable size
J&L COMPANY
BE 0830.669.792
Profondeville · Eq €245,837
ILJANA
BE 0466.374.515
Gent · Eq €246,059
HEVE ELEKTRICITEITSWERKEN
BE 0472.417.714
Ravels · Eq €245,680
C.R.C.
BE 0453.140.250
Waterloo · Eq €246,103
MADONIA ELEC
BE 0773.575.493
La Louvière · Eq €245,642
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 7,941 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
Founded15-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
27110Manufacture of electrical equipment
43222Installation of electric heating, air conditioning, cooling and ventilation
64210Activities of holding companies
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.