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LEANOVATION

Active
Private limited companyfounded 20187 yrs activeMunsterstraat 10, 1000 Brussel, BelgiumKBO/BCE: BE 0707.861.161
Summary

LEANOVATION has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €301k and a net result of €59k. Equity is growing by ~40.8% per year across the filed fiscal years. Its solvency ranks better than 56% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
81 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84=
Solvency88▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 5.7 against 3.06 in 2024; short-term debt: 9.1% and cash: 13.8% of total assets), and 37.4% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
62.6%
Return on assets
12.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filings
Deviation from the deadline
2025
53 d late
2024
28 d late
2023
27 d late
2022
30 d late
2021
24 d late
2020
30 d late
2019
27 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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€301k▲ 24.1%
2024 · €243k
2019: €30k 2020: €62k 2021: €93k 2022: €140k 2023: €184k 2024: €243k
2019 → 2025
Total assets
€481k▲ 2.6%
2024 · €469k
2019: €60k 2020: €112k 2021: €357k 2022: €365k 2023: €406k 2024: €469k
2019 → 2025
Net result
€59k▼ 1.0%
2024 · €59k
2019: €17k 2020: €32k 2021: €31k 2022: €48k 2023: €57k 2024: €59k
2019 → 2025
Working capital
€206k▲ 30.1%
2024 · €158k
2019: €33k 2020: €87k 2021: €22k 2022: €66k 2023: €109k 2024: €158k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€93k-€140k▲ 51.4%€184k▲ 31.0%€243k▲ 32.2%€301k▲ 24.1%
Operating result€42k-€65k▲ 56.3%€84k▲ 28.9%€76k▼ 9.9%€95k▲ 25.9%
Net result€31k-€48k▲ 54.8%€57k▲ 19.5%€59k▲ 3.9%€59k▼ 1.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2021: €42k€42kNet result 2021: €31k€31kOperating result 2022: €65k€65kNet result 2022: €48k€48kOperating result 2023: €84k€84kNet result 2023: €57k€57kOperating result 2024: €76k€76kNet result 2024: €59k€59kOperating result 2025: €95k€95kNet result 2025: €59k€59k20212022202320242025€0€25k€50k€75k€100kOperating result 2023: €84k€84kNet result 2023: €57k€57kOperating result 2024: €76k€76kNet result 2024: €59k€59kOperating result 2025: €95k€95kNet result 2025: €59k€59k202320242025
The operating result recovers in 2025; 2025 is 26% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €481k
Fixed assets €232k ▼ 1.1%
Current assets €250k ▲ 6.2%
Equity and liabilities €481k
Equity €301k ▲ 24.1%
Debt €180k ▼ 20.5%
Debt's share of the balance-sheet total falls from 48.3% to 37.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€105k
2024 · €85k
Cash flow
€68k
2024 · €68k
Current ratio
5.70
2024 · 3.06
Debt to equity
0.60
2024 · 0.93
ROE
19.4%
2024 · 24.4%
ROA
12.2%
2024 · 12.6%
Interest coverage
16.94
2024 · 16.29
Debt ≤ 1 year
€44k
2024 · €77k
Debt > 1 year
€136k
2024 · €150k
Income taxes
€35k
2024 · €28k
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 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€469k€481k
Fixed assets21/28€234k€232k
Tangible fixed assets22/27€230k€222k
Land and buildings22€226k€219k
Furniture and vehicles24€4k€3k
Financial fixed assets28€4k€9k
Current assets29/58€235k€250k
Amounts receivable within one year40/41€112k€132k
Trade receivables40€28k€10k
Other amounts receivable41€84k€122k
Current investments50/53€78k€50k
Cash at bank and in hand54/58€43k€66k
Deferred charges and accrued income490/1€1k€2k
Equity and liabilities
Total equity and liabilities10/49€469k€481k
Equity10/15€243k€301k
Contributions10/11€12k€12k=
Reserves13€60k€168k
Non-distributable reserves130/1€868€868=
Reserves not available under the articles1311€868€868=
Distributable reserves133€59k€168k
Profit (loss) carried forward14€170k€120k
Amounts payable17/49€226k€180k
Amounts payable after more than one year17€150k€136k
Financial debts170/4€150k€136k
Amounts payable within one year42/48€77k€44k
Current portion of amounts payable after more than one year42€18k€13k
Trade debts44€223€3k
Suppliers440/4€223€3k
Taxes, remuneration and social security45€57k€26k
Taxes450/3€57k€26k
Other amounts payable47/48€988€1k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k
Other operating charges640/8€775€926
Gross operating margin9900€85k€105k
Operating profit (loss)9901€76k€95k
Financial income75/76B€17k€4k
Recurring financial income75€17k€4k
Financial charges65/66B€5k€6k
Recurring financial charges65€5k€6k
Profit (loss) for the period before taxes9903€88k€94k
Income taxes67/77€28k€35k
Profit (loss) for the period9904€59k€59k
Profit (loss) for the period to be appropriated9905€59k€59k
Appropriation of the result
Profit (loss) to be appropriated9906€229k€229k
Profit (loss) brought forward from the previous period14P€170k€170k=
Transfer to equity691/2€59k€109k
To other reserves6921€59k€109k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 53 days late
2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial Highest result since 2019net €59k ▲3.9%
Net result €59k, the highest in the series.
31-12
Financial Equity above €200kEq €243k ▲32.2%
6 profitable years in a row build equity to €243k.
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial Equity above €150kEq €184k ▲31%
5 profitable years in a row build equity to €184k.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial Equity above €100kEq €140k ▲51.4%
4 profitable years in a row build equity to €140k.
24-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Liquidity doublescurrent ratio 4.96
Current ratio from 2.21 to 4.96; short-term debt falls from €27k to €22k.
27-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Brussel · 1 establishment unit since 2018
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Munsterstraat 101000 Brussel
Ground area
304 m²
Building footprint
185 m²
Volume, LiDAR
2,866 m³
2 parcels, Brussels · tallest building 22.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
LEANOVATION
Jean Chapeliéstraat 25, 1050 ElseneIT consultancy
since 20182.281.075.259
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21447B0342/00P003 Brussels 177 m² 1 · 107 m² 22.0 m · 6 fl.
21822R0335/00G000 Brussels 127 m² 1 · 78 m² 17.7 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

6994001YMA2SKWPBPZ19
live in the LEI register

Similar companies · same sector, comparable size

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 38,146 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
63920Other information service activities
73110Advertising agencies
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.