LEAD UP
ActiveSummary
LEAD UP has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €3k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 41% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-20
Solvency68▼-20
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.11 in 2024; short-term debt: 56.9% and cash: 68.9% of total assets), and 56.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.1%
Return on assets
3.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
31 d early
2023
22 d late
2022
70 d late
2021
31 d late
2020
29 d early
2019
120 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€77k
EBIT margin
23.0%
Net result
€3k▼ 73.2%
2024 · €11k
2018: €12k
2019: €2k▼ -85.2% vs 2018
2020: €2k▲ +40.5% vs 2019
2021: €13k▲ +432% vs 2020highest in 8 years
2022: €-483▼ -104% vs 2021
2023: €-2k▼ -409% vs 2022lowest in 8 years
2024: €11k▲ +553% vs 2023
2025: €3k▼ -73.2% vs 2024
2018 → 2025
Working capital
€23k▲ 895%
2024 · €2k
2018: €3k
2019: €10k▲ +267% vs 2018
2020: €14k▲ +41.2% vs 2019
2021: €27k▲ +91.4% vs 2020highest in 8 years
2022: €9k▼ -68.2% vs 2021
2023: €-3k▼ -135% vs 2022lowest in 8 years
2024: €2k▲ +176% vs 2023
2025: €23k▲ +895% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€27k▼ 1.8%€25k▼ 9.1%€36k▲ 45.4%€39k▲ 8.4%
2021: €27k
2022: €27k▼ -1.8% vs 2021
2023: €25k▼ -9.1% vs 2022lowest in 5 years
2024: €36k▲ +45.4% vs 2023
2025: €39k▲ +8.4% vs 2024highest in 5 years
Operating result€15k-€-3k€-2k▲ 23.1%€15k€4k▼ 75.3%
2021: €15k
2022: €-3k▼ -120% vs 2021lowest in 5 years
2023: €-2k▲ +23.1% vs 2022
2024: €15k▲ +757% vs 2023highest in 5 years
2025: €4k▼ -75.3% vs 2024
Net result€13k-€-483€-2k▼ 409%€11k€3k▼ 73.2%
2021: €13khighest in 5 years
2022: €-483▼ -104% vs 2021
2023: €-2k▼ -409% vs 2022lowest in 5 years
2024: €11k▲ +553% vs 2023
2025: €3k▼ -73.2% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 75% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €90k
Fixed assets
€15k ▼ 53.9%
Current assets
€74k ▲ 223%
Equity and liabilities €90k
Equity
€39k ▲ 8.4%
Debt
€51k ▲ 147%
Debt's share of the balance-sheet total rises from 36.7% to 56.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €29k
Cash flow
€15k▼
2024 · €25k
Current ratio
1.46▲
2024 · 1.11
Debt to equity
1.32▲
2024 · 0.58
ROE
7.7%▼
2024 · 31.2%
ROA
3.3%▼
2024 · 19.8%
Interest coverage
91.55▼
2024 · 190.58
Debt ≤ 1 year
€51k▲
2024 · €21k
Income taxes
€1k▼
2024 · €4k
Staff costs
€17k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€56k€90k▲
Fixed assets21/28€33k€15k▼
Tangible fixed assets22/27€33k€15k▼
Furniture and vehicles24€33k€15k▼
Financial fixed assets28€399€399=
Current assets29/58€23k€74k▲
Amounts receivable within one year40/41€6k€13k▲
Trade receivables40€6k€11k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€17k€62k▲
Equity and liabilities
Total equity and liabilities10/49€56k€90k▲
Equity10/15€36k€39k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€15k€18k▲
Amounts payable17/49€21k€51k▲
Amounts payable within one year42/48€21k€51k▲
Trade debts44€13k€42k▲
Suppliers440/4€13k€42k▲
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€4k€5k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€2k€2k▼
Income statement
Code20242025
Non-recurring operating income76A-€20k
Goods, raw materials, services and sundry goods60/61€97k€202k▲
Remuneration, social security and pensions62€7k€17k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€12k▼
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A€743€5k▲
Gross operating margin9900€41k€39k▼
Operating profit (loss)9901€15k€4k▼
Financial income75/76B-€716
Recurring financial income75-€716
Non-recurring financial income76B-€716
Financial charges65/66B€153€171▲
Recurring financial charges65€153€171▲
Profit (loss) for the period before taxes9903€15k€4k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€11k€3k▼
Profit (loss) for the period to be appropriated9905€11k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€18k▲
Profit (loss) brought forward from the previous period14P€4k€15k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €20k | - |
| Goods, raw materials, services and sundry goods60/61 | - | €14k | €50k | €97k | €202k | ▲ 109% |
| Remuneration, social security and pensions62 | - | - | - | €7k | €17k | ▲ 134% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €6k | €8k | €14k | €12k | ▼ 15.9% |
| Other operating charges640/8 | €350 | €1k | €4k | €3k | €1k | ▼ 65.5% |
| Non-recurring operating charges66A | €729 | €122 | €5k | €743 | €5k | ▲ 533% |
| Gross operating margin9900 | €16k | €4k | €15k | €41k | €39k | ▼ 4.9% |
| Operating profit (loss)9901 | €15k | €-3k | €-2k | €15k | €4k | ▼ 75.3% |
| Financial income75/76B | - | €1k | - | - | €716 | - |
| Recurring financial income75 | - | €1k | - | - | €716 | - |
| Non-recurring financial income76B | - | €1k | - | - | €716 | - |
| Financial charges65/66B | €429 | €153 | €175 | €153 | €171 | ▲ 11.6% |
| Recurring financial charges65 | €429 | €153 | €175 | €153 | €171 | ▲ 11.6% |
| Profit (loss) for the period before taxes9903 | €14k | €-2k | €-2k | €15k | €4k | ▼ 71.4% |
| Income taxes67/77 | €1k | €-1k | - | €4k | €1k | ▼ 66.0% |
| Profit (loss) for the period9904 | €13k | €-483 | €-2k | €11k | €3k | ▼ 73.2% |
| Profit (loss) for the period to be appropriated9905 | €13k | €-483 | €-2k | €11k | €3k | ▼ 73.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €38k | €35k | €31k | €56k | €90k | ▲ 59.2% |
| Fixed assets21/28 | €199 | €18k | €28k | €33k | €15k | ▼ 53.9% |
| Tangible fixed assets22/27 | - | €18k | €27k | €33k | €15k | ▼ 54.6% |
| Furniture and vehicles24 | - | €18k | €27k | €33k | €15k | ▼ 54.6% |
| Financial fixed assets28 | €199 | €199 | €199 | €399 | €399 | = |
| Current assets29/58 | €38k | €17k | €3k | €23k | €74k | ▲ 223% |
| Amounts receivable within one year40/41 | €769 | €140 | €1k | €6k | €13k | ▲ 107% |
| Trade receivables40 | - | - | €157 | €6k | €11k | ▲ 81.1% |
| Other amounts receivable41 | €769 | €140 | €1k | - | €2k | - |
| Cash at bank and in hand54/58 | €37k | €17k | €2k | €17k | €62k | ▲ 264% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €38k | €35k | €31k | €56k | €90k | ▲ 59.2% |
| Equity10/15 | €27k | €27k | €25k | €36k | €39k | ▲ 8.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €7k | €7k | €4k | €15k | €18k | ▲ 19.7% |
| Amounts payable17/49 | €10k | €8k | €6k | €21k | €51k | ▲ 147% |
| Amounts payable within one year42/48 | €10k | €8k | €6k | €21k | €51k | ▲ 147% |
| Trade debts44 | €5k | €3k | €3k | €13k | €42k | ▲ 218% |
| Suppliers440/4 | €5k | €3k | €3k | €13k | €42k | ▲ 218% |
| Taxes, remuneration and social security45 | €1k | €567 | - | €5k | €7k | ▲ 27.3% |
| Taxes450/3 | €1k | €567 | - | €4k | €5k | ▲ 33.5% |
| Remuneration and social security454/9 | - | - | - | €2k | €2k | ▲ 14.0% |
| Other amounts payable47/48 | €5k | €5k | €3k | €2k | €2k | ▼ 12.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €-483 | €-2k | €11k | €3k | ▼ 73.2% |
| + Depreciation and write-downs630 | - | €6k | €8k | €14k | €12k | ▼ 15.9% |
| Operating cash flow (approximation) | €13k | €5k | €6k | €25k | €15k | ▼ 41.1% |
| Investment in fixed assets (approximation) | - | €-24k | €-17k | €-20k | €6k | ▲ 130% |
| Change in cash | - | €-20k | €-15k | €15k | €45k | ▲ 198% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.11
Current ratio from 0.52 to 1.11.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €13k ▲432%
Net result €13k, the highest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 120 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 4.32
Current ratio from 1.10 to 4.32; short-term debt falls from €29k to €3k.
Show earlier events
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dilbeek · 1 establishment unit since 2014
Ground area
4,983 m²
Building footprint
2,317 m²
Parcel 23026A0132/00G006, Flanders. Linked by address, not a title deed.
104
companies at this address
See who is registered here
1 establishment unit
LEAD UP
since 20142.228.404.655
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026A0132/00G006 | Flanders | 4,983 m² | 1 · 2,316 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 5,345 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded20-02-2014
Fiscal year end31-12
Activities, NACEBEL 2025
49310Scheduled passenger transport by road
73300Public relations and communication consultancy
49330On-demand passenger transport by chauffeured vehicle
49410Freight transport by road
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.