ACTIVE

LEMAD

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

50,8 k €

-62.7% YoY

Revenue

294,5 k €

+0.5% YoY

Equity

9,2 M €

+0.0% YoY

What does LEMAD do?

LEMAD is a Private limited company incorporated in 2008. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0807.791.848

Incorporation

17/11/2008

Legal form

Private limited company

Registered office

Tontestraat(Koo) 1
8510 Kortrijk · FlandreSee on map

Contributed capital

18 550,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Revenue	294,5 k €	+0.5%	293,2 k €	+5.3%	278,4 k €	+1.2%	275,2 k €	-26.6%	374,7 k €	+36.6%	274,4 k €	+0.1%	274 k €	-0.1%	274,2 k €	-0.1%	274,4 k €	+0.8%	272,2 k €	+18.3%	230 k €	+27.8%	180 k €	0.0%	180 k €	0.0%	180 k €	+50.0%	120 k €	0.0%	120 k €		–
EBITDA	51,7 k €	-39.6%	85,5 k €	+22.0%	70,1 k €	-44.7%	126,8 k €	-44.9%	230,2 k €	+56.4%	147,2 k €	-14.4%	171,9 k €	+1.0%	170,2 k €	-6.6%	182,3 k €	+28.7%	141,7 k €	+16.6%	121,5 k €	+92.7%	63 k €	-4.6%	66 k €	+161%	-108,8 k €	-581%	22,6 k €	-39.2%	37,2 k €	-47.7%	71,2 k €
Operating result	-62,4 k €	-2874%	2,2 k €	+124%	-9,2 k €	-116%	58,7 k €	-66.3%	174,1 k €	+47.8%	117,8 k €	-23.7%	154,3 k €	+1.1%	152,6 k €	-7.3%	164,7 k €	+42.8%	115,3 k €	+0.2%	115 k €	+152%	45,7 k €	-30.5%	65,7 k €	+160%	-109,4 k €	-606%	21,6 k €	-40.2%	36,1 k €	-47.5%	68,9 k €
Net result	50,8 k €	-62.7%	136 k €	+715%	16,7 k €	-29.6%	23,7 k €	-82.0%	131,5 k €	+43.6%	91,5 k €	-13.0%	105,3 k €	+1.3%	103,9 k €	+66.7%	62,4 k €	-33.5%	93,7 k €	-14.5%	109,6 k €	-98.1%	5,8 M €	+1959%	282,6 k €	-47.8%	541 k €	+55.2%	348,5 k €	-44.1%	623,9 k €	-10.2%	694,7 k €
Balance sheet
Equity	9,2 M €	+0.0%	9,2 M €	+1.5%	9,1 M €	+0.2%	9 M €	+0.3%	9 M €	+1.5%	8,9 M €	+1.0%	8,8 M €	+1.2%	8,7 M €	+1.2%	8,6 M €	-1.9%	8,8 M €	+1.1%	8,7 M €	+1.3%	8,6 M €	+212%	2,7 M €	+11.5%	2,5 M €	+28.2%	1,9 M €	+22.2%	1,6 M €	+66.0%	944,7 k €
Total assets	9,2 M €	+0.1%	9,2 M €	+1.2%	9,1 M €	+0.2%	9,1 M €	-0.2%	9,1 M €	+2.0%	8,9 M €	+1.0%	8,9 M €	+0.5%	8,8 M €	-1.5%	8,9 M €	-1.0%	9 M €	+1.4%	8,9 M €	+0.4%	8,9 M €	+197%	3 M €	-6.1%	3,2 M €	-14.0%	3,7 M €	+72.6%	2,1 M €	+18.7%	1,8 M €
Cash	51,9 k €	-15.5%	61,4 k €	-46.6%	115 k €	-91.2%	1,3 M €	-21.0%	1,7 M €	+35.5%	1,2 M €	-18.5%	1,5 M €	+120%	683,5 k €	-13.1%	786,2 k €	+29.2%	608,4 k €	+7.9%	563,9 k €	-47.4%	1,1 M €	+1660%	60,9 k €	-75.4%	247,4 k €	-51.6%	511,2 k €	+30.1%	392,8 k €	+626%	54,1 k €
Debts	30,6 k €	+15.7%	26,5 k €	-52.3%	55,5 k €	+3.7%	53,5 k €	-42.0%	92,3 k €	+113%	43,3 k €	-5.5%	45,8 k €	-54.8%	101,3 k €	-70.0%	337,6 k €	+29.7%	260,3 k €	+14.5%	227,4 k €	-24.5%	301,1 k €	+28.8%	233,8 k €	-67.1%	711,4 k €	-59.7%	1,8 M €	+209%	571,3 k €	-32.8%	849,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Jan DESMET

Director

Active

Ended mandates

Jan DEMET

Manager

Ended

Jan DESEMT

Manager

Ended

Jan DESMET

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Pink Lemon● Active	1040.595.709

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	07/07/2026	23/07/2025	18/07/2024	20/07/2023	19/07/2022	15/07/2021
General meeting	24/06/2026	25/06/2025	29/06/2024	27/06/2023	13/07/2022	30/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	24/06/2026	07/07/2026	Dutch	PDF
Full model	31/12/2024	25/06/2025	23/07/2025	Dutch	PDF
Full model	31/12/2023	29/06/2024	18/07/2024	Dutch	PDF
Full model	31/12/2022	27/06/2023	20/07/2023	Dutch	PDF
Full model	31/12/2021	13/07/2022	19/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	15/07/2021	French	PDF
Full model	31/12/2019	27/06/2020	27/06/2020	French	PDF
Full model	31/12/2018	29/06/2019	15/07/2019	French	PDF
Full model	31/12/2017	30/06/2018	03/07/2018	French	PDF
Full model	31/12/2016	01/04/2017	04/05/2017	French	PDF
Full model	31/12/2015	25/06/2016	27/06/2016	Dutch	PDF
Full model	31/12/2014	27/06/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	28/06/2014	30/06/2014	Dutch	PDF
Full model	31/12/2012	29/06/2013	11/07/2013	Dutch	PDF
Full model	31/12/2011	30/06/2012	02/07/2012	Dutch	PDF
Full model	31/12/2010	25/06/2011	29/06/2011	Dutch	PDF
Abridged model	31/12/2009	27/02/2010	19/03/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 1 active · 3 ended

Active mandates

Jan DESMET

Director

Active

Ended mandates

Jan DEMET

Manager

Ended

Jan DESEMT

Manager

Ended

Jan DESMET

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/02/2022
OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office01/02/2022
SIEGE SOCIAL - DIVERS
PDF
Capital / shares24/01/2018
CAPITAL, ACTIONS
PDF
Other25/11/2008
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202550,8 k €↓
2024
Annual accounts 2024136 k €↑
2023
Annual accounts 202316,7 k €↓
2022
Annual accounts 202223,7 k €↓
2021
Annual accounts 2021131,5 k €↑
2020
Annual accounts 202091,5 k €↓
2019
Annual accounts 2019105,3 k €↑
2018
Annual accounts 2018103,9 k €↑
2017
Annual accounts 201762,4 k €↓
2016
Annual accounts 201693,7 k €↓
2015
Annual accounts 2015109,6 k €↓
2014
Annual accounts 20145,8 M €↑
2013
Annual accounts 2013282,6 k €↓
2012
Annual accounts 2012541 k €↑
2011
Annual accounts 2011348,5 k €↓
2010
Annual accounts 2010623,9 k €↓
2009
Annual accounts 2009694,7 k €
17/11/2008
IncorporationPrivate 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

LEMAD

Overview

What does LEMAD do?

Trend over 17 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