Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 3.1 to 1.6.
Financials
Financial year 2025
LEXEL from Asse, company number BE0438552044, closed financial year 2025 with a result of € 87,166 after tax. For that financial year LEXEL recorded a gross margin of € 243,825 and equity of € 350,364. Compared with financial year 2024, the result moved from € 70,434 to € 87,166. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 350,364
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 87,166
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 137,694
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 24,473 paid out
28 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1.6
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 82,947
▼ 37% vs 2024
€ 51,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 75,396
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 25,158
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,951
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 219,859 | € 254,195 | € 254,806 | € 243,825 | ▼ 4% |
| Profit after taxes | € 42,396 | € 78,291 | € 70,434 | € 87,166 | ▲ 24% |
| Equity | € 138,945 | € 217,236 | € 287,670 | € 350,364 | ▲ 22% |
| Total debts | € 93,897 | € 62,743 | € 59,204 | € 63,773 | ▲ 8% |
| Cash | € 80,426 | € 144,303 | € 143,443 | € 137,694 | ▼ 4% |
| Retained profit | € 120,353 | € 198,644 | € 269,078 | € 331,772 | ▲ 23% |
| Dividend | € 0 | € 0 | € 0 | € 24,473 | |
| Bank debt | € 31,547 | € 15,181 | € 0 | € 0 | |
| Balance sheet total | € 232,842 | € 279,979 | € 346,875 | € 414,136 | ▲ 19% |
| Employees (FTE) | 3.1 | 3.1 | 2.5 | 1.6 | ▼ 0.9 |
Key figures of LEXEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to LEXEL?
What happened at LEXEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 87,166 (▲ 24% vs 2024). Source: NBB ↗
- New establishment in Asse. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,396 profit in 2022 to € 87,166 profit in 2025.
Paid € 137,754 in corporate taxes since 2022.
Best year ever: 2025, with € 87,166 profit.
On average € 152,400 of value added per employee in 2025.
Management
Behind LEXEL is Walter De Melio.
Directors
According to the 2025 annual accounts
Walter De Melio
Director
Establishments
Establishment units
Physical locations of this company
Vronemeers 45
1730 Asse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.552.044
- VAT number
- BE 0438.552.044
- Registered office
- Vronemeers 45, 1730 Asse
- Names & denominations
- LEXEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1989
- Peppol
- Active · Active since 28 Aug 2025
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