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LEBELCO

Active
Public limited companyfounded 1992active for 34 yearsTavernierkaai 2, 2000 Antwerpen, Belgium43 active companies are registered at this addressKBO/BCE: BE 0447.762.589
Summary

LEBELCO has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.8m and a net result of €236,730. Equity is shrinking by about 3.6% per year across the filed financial years. Its solvency ranks better than 43% of 11,075 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
1 site
Size
€28.6mtotal assets 2025
Staff
1 FTE
Equity
€6.8m
Profit
€236,730
Turnover not published (abbreviated format)
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Largest shareholder
LARES · 13.17%
Holdings
1
Accounts filed 41 days late1 of 9 deeds read
Why 82raises riskLiquidity: current ratio 3.33, cash €11,803, halvedLatest accounts 42 days late; 3 of the last 3 latelowers riskFounded in 1992Size: 1 FTE, total assets €28.6mShow the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 41% of its sector peers (NACE 68, micro)
Financial strength · tick = 2023
Average
Solvency 49+2
equity 23.7% of total assets
Liquidity 50+1
short-term debt 10.5% · cash 0.0%
Profitability 38+8
return on assets 0.8%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,597 companies, NACE 68, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.4%▼ -0.1 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%▼ -0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025 09-2025: 1.0%▲ +0.1 percentage points vs 08-2025 10-2025: 1.3%▲ +0.3 percentage points vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.6%▲ +0.3 percentage points vs 11-2025 01-2026: 2.5%▲ +0.9 percentage points vs 12-2025 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 2.6%▲ +0.1 percentage points vs 02-2026highest value 04-2026: 0.4%▼ -2.2 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.33, compared with 2.68 in 2023, above the usual 1.5; short-term debt: 10.5% and cash: 0% of total assets), but 76.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 44% on solvency, 47% on liquidity and 34% on profitability.

The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 3.33, cash €11,803, halved
NBB · annual accounts
raises risk · Latest accounts 42 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 1992
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: 1 FTE, total assets €28.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-03-2026, 41 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
41 days late
2023
31 days late
2022
324 days late
2021
30 days late
2020
1 day early
2019
102 days late
2018
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 80 days after the deadline; the sector median (NACE 68) for financial year 2023 is 5 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €236,730
  3. Algemene Vergadering - BoekjaarAmendment of the articles

Key points

  • Positive: Among the best 5% on equitysector median €305,692 · 11,080 companies €6.8m View
  • Active since 1992founded 06-07-1992 34 years View
  • Total assets 20256 financial years filed €28.6m View

By topic

Financials

Financial year
2025
Total assets
€28.6m
Profit
€236,730
Solvency
23.7%
Total assets▼ 2.7%
Net result
20182025
Go to Financials

Timeline

Events
34
Since
1994
  1. 31-08-2024Annual accounts filed
  2. 19-06-2024Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
06-07-1992
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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