ACTIVE

Lexi

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Financial year 2025 · closed on 31/12/2025

Net result

178,1 k €

-29.5% YoY

Gross margin

2,1 M €

-10.1% YoY

Equity

2,3 M €

+8.4% YoY

Workforce

7,2 ETP

-10.0% YoY

What does Lexi do?

Lexi is a Public limited company incorporated in 1979. Its main activity is: Gambling and betting activities. Its registered office is in Uccle. It employs on average 7,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0419.210.145

Incorporation

09/02/1979

Legal form

Public limited company

Registered office

Avenue Ilya Prigogine 1 box 3
1180 Uccle · BruxellesSee on map

Contributed capital

174 000,00 €

Latest accounts

31/12/2025

Average workforce

7,2 ETP

Activities (NACE)

92000Gambling and betting activities· main 92000Gambling and betting activities 92710Gambling and betting activities 92722Gambling and betting activities 93292Other amusement and recreation activities 93293Other amusement and recreation activities

Joint committees (4)

14901
14904
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	2,1 M €	-10.1%	2,3 M €	-0.3%	2,3 M €	+0.7%	2,3 M €	+67.2%	1,4 M €	+11.0%	1,2 M €	-50.9%	2,5 M €	+9.5%	2,3 M €	+17.3%	2 M €	+2.5%	1,9 M €	+2.0%	1,9 M €	-9.9%	2,1 M €	+9.2%	1,9 M €	+7.5%	1,8 M €	+2.2%	1,7 M €	+1.6%	1,7 M €	+10.9%	1,5 M €	+16.0%	1,3 M €
EBITDA	493,4 k €	-24.0%	649,4 k €	-7.1%	698,8 k €	+3.9%	672,5 k €	+108%	322,9 k €	+76.6%	182,8 k €	-81.2%	971 k €	+34.8%	720,4 k €	+5.4%	683,8 k €	+4.6%	653,8 k €	-3.5%	677,2 k €	-18.8%	834,4 k €	+17.3%	711,6 k €	-1.4%	722 k €	-8.1%	786,1 k €	-11.4%	887 k €	+11.9%	792,4 k €	+30.9%	605,2 k €
Operating result	332,7 k €	-41.0%	564,2 k €	-4.1%	588,3 k €	+11.7%	526,5 k €	+248%	151,2 k €	+501%	-37,7 k €	-105%	765,8 k €	+61.4%	474,4 k €	-7.1%	510,9 k €	+13.0%	452,3 k €	-6.4%	483,2 k €	-19.9%	603,3 k €	+13.9%	529,5 k €	-0.9%	534,3 k €	+0.0%	534,1 k €	-17.5%	647,5 k €	+14.5%	565,2 k €	+37.6%	410,6 k €
Net result	178,1 k €	-29.5%	252,8 k €	-32.8%	376,3 k €	+14.4%	329 k €	+197%	110,7 k €	+318%	-50,8 k €	-110%	484,2 k €	+55.3%	311,9 k €	+4.7%	297,8 k €	+13.0%	263,7 k €	-14.2%	307,1 k €	-20.1%	384,3 k €	+13.4%	339 k €	-3.0%	349,4 k €	-0.2%	350,1 k €	-15.4%	413,9 k €	+13.8%	363,7 k €	+46.7%	247,8 k €
Balance sheet
Equity	2,3 M €	+8.4%	2,1 M €	+13.6%	1,9 M €	+5.4%	1,8 M €	+5.3%	1,7 M €	+7.1%	1,6 M €	-3.1%	1,6 M €	+42.8%	1,1 M €	-25.6%	1,5 M €	+24.3%	1,2 M €	+10.2%	1,1 M €	+5.4%	1,1 M €	+294%	267,1 k €	-74.8%	1,1 M €	+4.9%	1 M €	+5.2%	958,7 k €	+28.7%	744,7 k €	+6.2%	701 k €
Total assets	3,2 M €	-1.4%	3,2 M €	+17.0%	2,7 M €	+8.0%	2,5 M €	+3.3%	2,5 M €	+11.9%	2,2 M €	-5.5%	2,3 M €	+13.6%	2 M €	-6.2%	2,2 M €	+13.1%	1,9 M €	+0.2%	1,9 M €	-5.1%	2 M €	+11.9%	1,8 M €	+4.1%	1,7 M €	+2.8%	1,7 M €	+7.6%	1,6 M €	+14.5%	1,4 M €	+10.9%	1,2 M €
Cash	335,5 k €	+0.1%	335 k €	-21.1%	424,9 k €	+7.7%	394,4 k €	-46.0%	730,3 k €	+108%	351,5 k €	+34.4%	261,6 k €	+20.4%	217,2 k €	+31.9%	164,7 k €	+10.4%	149,1 k €	+11.0%	134,3 k €	-22.1%	172,5 k €	+16.6%	147,9 k €	+105%	72 k €	-45.6%	132,4 k €	-15.2%	156,1 k €	+188%	54,1 k €	+18.6%	45,6 k €
Debts	878,8 k €	-20.2%	1,1 M €	+24.4%	885,1 k €	+13.8%	777,7 k €	+0.2%	775,8 k €	+22.2%	634,9 k €	-10.7%	711,1 k €	-22.5%	917,3 k €	+38.6%	661,7 k €	-6.4%	706,9 k €	-13.4%	815,8 k €	-16.5%	977,4 k €	-36.8%	1,5 M €	+126%	685,3 k €	-0.2%	686,7 k €	+11.4%	616,7 k €	-2.3%	631,4 k €	+17.1%	539,2 k €
Other
Workforce	7,2 ETP	-10.0%	8,0 ETP	-12.1%	9,1 ETP	+5.8%	8,6 ETP	+2.4%	8,4 ETP	-13.4%	9,7 ETP	+12.8%	8,6 ETP	+2.4%	8,4 ETP	-3.4%	8,7 ETP	+13.0%	7,7 ETP	+16.7%	6,6 ETP	0.0%	6,6 ETP	+4.8%	6,3 ETP	+12.5%	5,6 ETP	+3.7%	5,4 ETP	+10.2%	4,9 ETP	+11.4%	4,4 ETP	+10.0%	4,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 20 ended

Active mandates

David Lebrun

Managing director · since 19 décembre 2023

Active

Mireille Teitel

Director · since 19 décembre 2023

Active

Ended mandates

David Lebrun

Managing director · since 29 avril 2019

Ended

David Lebrun

Managing director · since 26 avril 2018 · until 26 avril 2024

Ended

Guy Lebrun

Managing director · since 26 avril 2018 · until 26 avril 2024

Ended

Mireille Teitel

Director · since 26 avril 2018 · until 26 avril 2024

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/07/2026	31/07/2025	30/06/2024	25/05/2023	30/08/2022	31/07/2021
General meeting	24/05/2026	24/04/2025	26/04/2024	28/04/2023	29/04/2022	30/04/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	24/05/2026	08/07/2026	French	PDF
Abridged model	31/12/2024	24/04/2025	31/07/2025	French	PDF
Abridged model	31/12/2023	26/04/2024	30/06/2024	French	PDF
Abridged model	31/12/2022	28/04/2023	25/05/2023	French	PDF
Abridged model	31/12/2021	29/04/2022	30/08/2022	French	PDF
Abridged model	31/12/2020	30/04/2021	31/07/2021	French	PDF
Abridged model	31/12/2019	24/04/2020	27/05/2020	French	PDF
Abridged model	31/12/2018	26/04/2019	31/07/2019	French	PDF
Abridged model	31/12/2017	27/04/2018	25/05/2018	French	PDF
Abridged model	31/12/2016	28/04/2017	17/05/2017	French	PDF
Abridged model	31/12/2015	29/04/2016	23/05/2016	French	PDF
Abridged model	31/12/2014	24/06/2015	17/07/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	30/06/2014	French	PDF
Abridged model	31/12/2012	19/06/2013	16/07/2013	French	PDF
Abridged model	31/12/2011	18/05/2012	12/06/2012	French	PDF
Abridged model	31/12/2010	29/04/2011	19/05/2011	French	PDF
Abridged model	31/12/2009	21/05/2010	17/06/2010	French	PDF
Abridged model	31/12/2008	24/04/2009	08/05/2009	French	PDF
Abridged model	31/12/2007	25/04/2008	22/05/2008	French	PDF
Abridged model	31/12/2006	27/04/2007	01/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 20 ended

Active mandates

David Lebrun

Managing director · since 19 décembre 2023

Active

Mireille Teitel

Director · since 19 décembre 2023

Active

Ended mandates

David Lebrun

Managing director · since 29 avril 2019

Ended

David Lebrun

Managing director · since 26 avril 2018 · until 26 avril 2024

Ended

Guy Lebrun

Managing director · since 26 avril 2018 · until 26 avril 2024

Ended

Mireille Teitel

Director · since 26 avril 2018 · until 26 avril 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other28/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office22/06/2020
SIEGE SOCIAL
PDF
Mandates28/06/2019
DEMISSIONS, NOMINATIONS
PDF
Other12/07/2018
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates08/03/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates17/02/2014
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates09/07/2013
DEMISSIONS, NOMINATIONS
PDF
Capital / shares20/01/2012
CAPITAL, ACTIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025178,1 k €↓
2024
Annual accounts 2024252,8 k €↓
2023
Annual accounts 2023376,3 k €↑
2022
Annual accounts 2022329 k €↑
2021
Annual accounts 2021110,7 k €↑
2020
Annual accounts 2020-50,8 k €↓
2019
Annual accounts 2019484,2 k €↑
2018
Annual accounts 2018311,9 k €↑
2017
Annual accounts 2017297,8 k €↑
2016
Annual accounts 2016263,7 k €↓
2015
Annual accounts 2015307,1 k €↓
2014
Annual accounts 2014384,3 k €↑
2013
Annual accounts 2013339 k €↓
2012
Annual accounts 2012349,4 k €↓
2011
Annual accounts 2011350,1 k €↓
2010
Annual accounts 2010413,9 k €↑
2009
Annual accounts 2009363,7 k €↑
2008
Annual accounts 2008247,8 k €
09/02/1979
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Lexi

Overview

What does Lexi do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline