Make Lemonade
0825.511.075 · rovalta.com · 22/09/2026
ACTIVE
Make Lemonade
Financial year 2025 · closed on 31/12/2025
Net result
-2,5 k €
-128.3% YoY
Gross margin
24,6 k €
-32.3% YoY
Equity
-133,8 k €
-1.9% YoY
Overview
What does Make Lemonade do?
Make Lemonade is a Private limited company incorporated in 2010. Its main activity is: Artistic creation. Its registered office is in Kortenberg.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0825.511.075
Incorporation
28/02/2010
Legal form
Private limited company
Registered office
Frans Mombaersstraat 1
3071 Kortenberg · FlandreSee on map
3071 Kortenberg · FlandreSee on map
Contributed capital
7 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
Positive cashflowPositive EBITDA
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Financials
Trend over 13 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||
| Gross margin | 24,6 k € | -32.3% | 36,3 k € | -37.8% | 58,3 k € | +30.4% | 44,7 k € | -23.1% | 58,1 k € | -14.9% | 68,3 k € | +304% | 16,9 k € | -68.6% | 53,7 k € | -12.3% | 61,3 k € | -84.5% | 394,2 k € | -12.1% | 448,4 k € | +41.1% | 317,7 k € | +1.4% | 313,2 k € |
| EBITDA | 21 k € | -38.4% | 34 k € | -38.7% | 55,5 k € | +46.8% | 37,8 k € | -27.2% | 52 k € | -21.3% | 66 k € | +734% | 7,9 k € | +110% | -80,2 k € | +46.3% | -149,3 k € | -208% | 138,7 k € | -41.7% | 238 k € | +22.2% | 194,8 k € | -26.4% | 264,7 k € |
| Operating result | 6,1 k € | -66.5% | 18,2 k € | -51.3% | 37,4 k € | +1944% | 1,8 k € | -88.5% | 15,9 k € | -46.4% | 29,8 k € | +202% | -29,3 k € | +75.7% | -120,5 k € | +45.2% | -219,9 k € | -552% | 48,7 k € | -65.5% | 141,2 k € | +41.7% | 99,7 k € | -44.0% | 177,9 k € |
| Net result | -2,5 k € | -128% | 8,7 k € | -64.4% | 24,5 k € | +340% | -10,2 k € | -838% | 1,4 k € | -89.2% | 12,8 k € | +127% | -48,1 k € | +66.8% | -144,7 k € | +39.7% | -240 k € | -1499% | 17,2 k € | -70.9% | 59 k € | +30.3% | 45,3 k € | -54.1% | 98,7 k € |
| Balance sheet | |||||||||||||||||||||||||
| Equity | -133,8 k € | -1.9% | -131,3 k € | +6.2% | -140 k € | +14.9% | -164,4 k € | -6.6% | -154,3 k € | +0.9% | -155,6 k € | +7.6% | -168,4 k € | -40.0% | -120,3 k € | -592% | 24,5 k € | -90.7% | 264,5 k € | +6.9% | 247,3 k € | +31.3% | 188,3 k € | +31.7% | 143 k € |
| Total assets | 122,6 k € | -7.7% | 132,9 k € | -10.1% | 147,7 k € | -7.2% | 159,1 k € | -27.0% | 217,9 k € | -12.2% | 248,1 k € | -17.8% | 301,9 k € | -23.7% | 395,8 k € | -37.9% | 637,7 k € | -14.9% | 749,4 k € | -23.8% | 982,8 k € | +32.9% | 739,7 k € | -5.6% | 783,5 k € |
| Cash | 627,1 € | -94.8% | 12,1 k € | -9.4% | 13,3 k € | +18.4% | 11,2 k € | -31.1% | 16,3 k € | +6.5% | 15,3 k € | -30.2% | 21,9 k € | -52.2% | 45,9 k € | +369% | 9,8 k € | -20.3% | 12,3 k € | +817% | 1,3 k € | -90.2% | 13,7 k € | -60.6% | 34,8 k € |
| Debts | 255,2 k € | -3.4% | 264,1 k € | -8.2% | 287,7 k € | -11.1% | 323,6 k € | -13.0% | 372,1 k € | -7.8% | 403,5 k € | -12.7% | 462,1 k € | -9.9% | 512,7 k € | -11.0% | 576 k € | +19.1% | 483,5 k € | -34.3% | 735,5 k € | +33.4% | 551,4 k € | -13.9% | 640,5 k € |
| Other | |||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | 2,3 ETP | -45.2% | 4,2 ETP | -10.6% | 4,7 ETP | +14.6% | 4,1 ETP | +70.8% | 2,4 ETP | – | ||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
Willem Van Den Hoof
ActiveEnded mandates
Willem Van den Hoof
EndedFinancials
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 | 30/07/2026 | 28/07/2025 | 29/07/2024 | 30/06/2023 | 13/09/2022 | 31/08/2021 |
| General meeting | 30/07/2026 | 28/07/2025 | 29/07/2024 | 09/06/2023 | 30/06/2022 | 30/08/2021 |
| 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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Try for 7 daysFilings
Annual accounts filings
13 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/07/2026 | 30/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 28/07/2025 | 28/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 29/07/2024 | 29/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 09/06/2023 | 30/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/06/2022 | 13/09/2022 | Dutch | |
| Abridged model | 31/12/2020 | 30/08/2021 | 31/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 07/12/2020 | 05/01/2021 | Dutch | |
| Abridged model | 31/12/2018 | 03/09/2019 | 14/10/2019 | Dutch | |
| Abridged model | 31/12/2017 | 27/09/2018 | 27/09/2018 | Dutch | |
| Abridged model | 31/12/2016 | 26/09/2017 | 26/09/2017 | Dutch | |
| Abridged model | 31/12/2015 | 27/09/2016 | 28/09/2016 | Dutch | |
| Abridged model | 31/12/2014 | 29/07/2015 | 30/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 22/07/2014 | 04/08/2014 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
Willem Van Den Hoof
ActiveEnded mandates
Willem Van den Hoof
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates04/03/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Registered office04/10/2013MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING
- Capital / shares18/04/2013KAPITAAL - AANDELEN - WIJZIGING RECHTSVORM
- Other11/05/2010RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-2,5 k €↓
- 2024Annual accounts 20248,7 k €↓
- 2023Annual accounts 202324,5 k €↑
- 2022Annual accounts 2022-10,2 k €↓
- 2021Annual accounts 20211,4 k €↓
- 2020Annual accounts 202012,8 k €↑
- 2019Annual accounts 2019-48,1 k €↑
- 2018Annual accounts 2018-144,7 k €↑
- 2017Annual accounts 2017-240 k €↓
- 2016Annual accounts 201617,2 k €↓
- 2015Annual accounts 201559 k €↑
- 2014Annual accounts 201445,3 k €↓
- 2013Annual accounts 201398,7 k €
- 28/02/2010IncorporationPrivate limited company