Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Lexaro from Oudenburg, company number BE0791653721, closed financial year 2025 with a result of € 3,053 after tax. For that financial year Lexaro recorded a gross margin of € 125,445 and equity of € 141,524. Compared with financial year 2024, the result moved from € 70,856 to € 3,053. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 5, 2026.
€ 141,524
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,053
▼ 96% vs 2024
Profit after tax over the fiscal year.
€ 121,814
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 136,524.
Debts at end 2025
€ 845,277
€ 329,217 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2,615
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,067
▼ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 90,373 | € 93,226 | € 125,445 | ▲ 35% |
| Profit after taxes | € 64,215 | € 70,856 | € 3,053 | ▼ 96% |
| Equity | € 68,415 | € 138,472 | € 141,524 | ▲ 2% |
| Total debts | € 47,572 | € 29,320 | € 861,959 | ▲ € 832,638 |
| Cash | € 91,059 | € 139,210 | € 121,814 | ▼ 12% |
| Land & buildings | - | - | € 845,913 | |
| Retained profit | € 63,415 | € 133,472 | € 136,524 | ▲ 2% |
| Dividend | € 800 | € 800 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 0 | € 845,277 | |
| Balance sheet total | € 115,987 | € 167,792 | € 1,003,483 | ▲ € 835,691 |
Key figures of Lexaro, fiscal years 2023 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 Lexaro?
What happened at Lexaro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,053 (▼ 96% vs 2024). Source: NBB ↗
- New establishment in Oudenburg. KBO
- Start of the company according to the CBE. KBO
In short
From € 64,215 profit in 2023 to € 3,053 profit in 2025.
Paid € 46,513 in corporate taxes since 2023.
Best year ever: 2024, with € 70,856 profit.
Paid out € 1,600 in dividends to the owners in total.
Management
Behind Lexaro is Martijn Pauwels. Martijn Pauwels is also behind BASKET@SEA.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Westkerksestraat 122
8460 Oudenburg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0791.653.721
- VAT number
- BE 0791.653.721
- Registered office
- Westkerksestraat 122, 8460 Oudenburg
- Names & denominations
- Lexaro
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 2022
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Overige rechtskundige dienstverlening
Activiteiten van fotografen, met uitzondering van persfotografen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige vormen van onderwijs
Overige zakelijke dienstverlening, neg