LECO
ActiveSummary
LECO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-152k) and a net result of €-60k. Equity is shrinking by ~101.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.43 against 1.01 in 2024; short-term debt: 203.1% and cash: 31.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-188.1%
Return on assets
-74.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-152k
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 10-07-2026, 21 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
21 d early
2024
19 d late
2023
1 d early
2022
35 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-152k▼ 64.9%
2024 · €-92k
2022: €13k
2023: €21k
2024: €-92k
2022 → 2025
Total assets
€81k▼ 1.9%
2024 · €82k
2022: €21k
2023: €25k
2024: €82k
2022 → 2025
Net result
€-60k▲ 47.0%
2024 · €-113k
2022: €10k
2023: €8k
2024: €-113k
2022 → 2025
Working capital
€-94k
2024 · €744
2022: €14k
2023: €20k
2024: €744
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€13k-€21k▲ 63.7%€-92k€-152k▼ 64.9%
Operating result€14k-€15k▲ 9.7%€-112k€-54k▲ 51.6%
Net result€10k-€8k▼ 16.5%€-113k€-60k▲ 47.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €54k in 2025 against €112k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81k
Fixed assets
€10k ▼ 22.9%
Current assets
€71k ▲ 2.2%
Key figures and ratios
EBITDA
€-51k▲
2024 · €-111k
Cash flow
€-57k▲
2024 · €-112k
Solvency
-188.1%▼
2024 · -112.0%
Current ratio
0.43▼
2024 · 1.01
Quick ratio
0.23▼
2024 · 0.46
Debt to equity
-1.53▲
2024 · -1.89
ROA
-74.1%▲
2024 · -137.1%
Interest coverage
-9.15▲
2024 · -100.06
Debt
€233k▲
2024 · €175k
Debt ≤ 1 year
€164k▲
2024 · €68k
Debt > 1 year
€69k▼
2024 · €106k
Income taxes
€281▲
2024 · €257
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€82k€81k▼
Fixed assets21/28€13k€10k▼
Intangible fixed assets21€13k€10k▼
Tangible fixed assets22/27€690€296▼
Plant, machinery and equipment23€690€296▼
Current assets29/58€69k€71k▲
Stocks and contracts in progress3€38k€33k▼
Stocks30/36€38k€33k▼
Amounts receivable within one year40/41€30k€12k▼
Trade receivables40€20k€2k▼
Other amounts receivable41€10k€10k=
Cash at bank and in hand54/58€1k€26k▲
Equity and liabilities
Total equity and liabilities10/49€82k€81k▼
Equity10/15€-92k€-152k▼
Contributions10/11€3k€3k=
Reserves13€18k€18k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€-113k€-173k▼
Amounts payable17/49€175k€233k▲
Amounts payable after more than one year17€106k€69k▼
Financial debts170/4€106k€69k▼
Amounts payable within one year42/48€68k€164k▲
Current portion of amounts payable after more than one year42€38k€38k=
Trade debts44€16k€67k▲
Suppliers440/4€16k€67k▲
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€674€6k▲
Remuneration and social security454/9€6k-
Other amounts payable47/48€8k€54k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Other operating charges640/8€3k€9k▲
Gross operating margin9900€-108k€-42k▲
Operating profit (loss)9901€-112k€-54k▲
Financial income75/76B€5€5▼
Recurring financial income75€5€5▼
Financial charges65/66B€1k€6k▲
Recurring financial charges65€1k€6k▲
Profit (loss) for the period before taxes9903€-113k€-60k▲
Income taxes67/77€257€281▲
Profit (loss) for the period9904€-113k€-60k▲
Profit (loss) for the period to be appropriated9905€-113k€-60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-113k€-173k▼
Profit (loss) brought forward from the previous period14P-€-113k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Weakest financial yearnet €-113k ▼1503%
Net result drops to €-113k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Temse · 1 establishment unit since 2022
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.
Jan de Malschelaan 7A9140 TemseGround area
5,422 m²
Building footprint
595 m²
Volume, LiDAR
3,584 m³
Parcel 46025B0404/00C000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LECO
since 20222.330.043.334
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0404/00C000 | Flanders | 5,422 m² | 1 · 595 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Pro-Vision
BE 0669.919.612
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S14N
BE 0680.512.903
Elsene · Eq €20,702
KONZULT
BE 0770.273.238
Turnhout · Eq €20,701
BEN LEONARD
BE 0773.407.724
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Financière du Chabrimont
BE 0688.939.332
Elsene · Eq €20,705
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 30,898 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
Founded01-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.