ACTIVE

Lemonade Software Services

Financial year 2025 · closed on 31/08/2025
Net result
1,3 k €
+228.9% YoY
Gross margin
5,5 k €
+137.2% YoY
Equity
162,5 k €
+0.8% YoY

What does Lemonade Software Services do?

Lemonade Software Services is a Private limited company incorporated in 2012. Its main activity is: Other information technology and computer service activities. Its registered office is in Leuven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0847.024.685
Incorporation
29/06/2012
Legal form
Private limited company
Registered office
Sluisstraat 79
3000 Leuven · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/08/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin5,5 k €2,3 k €2,4 k €1 k €892,4 €29,7 k €568,8 €37,7 k €38,5 k €-20,7 k €98,8 k €225,8 k €181,5 k €
EBITDA4,1 k €1,7 k €1,9 k €576,3 €490 €29,2 k €-807,2 €37,2 k €38 k €-21,2 k €98,4 k €225,3 k €180,5 k €
Operating result3,4 k €1,5 k €1,9 k €576,3 €490 €29,2 k €-807,2 €37,2 k €37,9 k €-21,3 k €-26,3 k €100,6 k €55,8 k €
Net result1,3 k €398,1 €408,8 €-142,1 €55,8 €20 k €-935,6 €24,6 k €38,5 k €-13,1 k €-58,3 k €81,9 k €55,4 k €
Balance sheet
Equity162,5 k €161,2 k €160,8 k €160,4 k €160,5 k €160,5 k €140,5 k €141,4 k €116,8 k €78,3 k €91,4 k €149,8 k €67,8 k €
Total assets343,1 k €271,7 k €304,1 k €320 k €242 k €201,6 k €219,7 k €339,4 k €144,2 k €246,6 k €235,6 k €191,6 k €401,1 k €
Cash209,1 k €184,7 k €214,6 k €249,7 k €166,3 k €144,1 k €60,9 k €126,9 k €51,4 k €166,7 k €8 k €24,5 k €58,1 k €
Debts4,9 k €72,8 k €64,2 k €119,4 k €81,5 k €41,1 k €79,1 k €54,5 k €27,4 k €168,3 k €144,2 k €41,9 k €333,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2025 · 2 active · 2 ended

Active mandates

Ben Lumbeeck

Director

Active
Michael De Groeve

Director

Active

Ended mandates

Ben LUMBEECK

Director · since 23 novembre 2023

Ended
Michael De Groeve

Manager

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/03/202631/03/202517/04/202431/03/202329/03/202215/04/2021
General meeting27/02/202628/02/202523/02/202424/02/202325/02/202226/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/08/202527/02/202631/03/2026DutchPDF
Micro model31/08/202428/02/202531/03/2025DutchPDF
Micro model31/08/202323/02/202417/04/2024DutchPDF
Micro model31/08/202224/02/202331/03/2023DutchPDF
Micro model31/08/202125/02/202229/03/2022DutchPDF
Micro model31/08/202026/02/202115/04/2021DutchPDF
Micro model31/08/201928/02/202030/04/2020DutchPDF
Micro model31/08/201822/02/201915/04/2019DutchPDF
Abridged model31/08/201723/02/201827/04/2018DutchPDF
Abridged model31/08/201624/02/201731/03/2017DutchPDF
Abridged model31/08/201526/02/201629/02/2016DutchPDF
Abridged model31/08/201427/02/201505/03/2015DutchPDF
Abridged model31/08/201328/02/201431/03/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

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 31/08/2025 · 2 active · 2 ended

Active mandates

Ben Lumbeeck

Director

Active
Michael De Groeve

Director

Active

Ended mandates

Ben LUMBEECK

Director · since 23 novembre 2023

Ended
Michael De Groeve

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,3 k €
  2. 2024
    Annual accounts 2024398,1 €
  3. 2023
    Annual accounts 2023408,8 €
  4. 2022
    Annual accounts 2022-142,1 €
  5. 2021
    Annual accounts 202155,8 €
  6. 2020
    Annual accounts 202020 k €
  7. 2019
    Annual accounts 2019-935,6 €
  8. 2018
    Annual accounts 201824,6 k €
  9. 2017
    Annual accounts 201738,5 k €
  10. 2016
    Annual accounts 2016-13,1 k €
  11. 2015
    Annual accounts 2015-58,3 k €
  12. 2014
    Annual accounts 201481,9 k €
  13. 2013
    Annual accounts 201355,4 k €
  14. 29/06/2012
    IncorporationPrivate limited company