Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of LEEDEC is 1.0% (low). The 2024 annual accounts show equity of €113k and a net result of €9k. Equity is shrinking by ~9.4% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.0%
Low
0%0,5%1,5%4%10%≥25%
No NACE activity registered
+Long track record
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
2 signals · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsEstablished
Founded in 2009, 17 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€9k+22.5%
Working capital€-73k-3.6%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 17-06-2025 with the NBB · fiscal year 2024 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~9.4%/year over 7 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€35k
+32.6%
18-24
€9k
+22.5%
18-24
€24k
+7.0%
18-24
€497k
+0.5%
18-24
€113k
+8.3%
18-24
€-73k
-3.6%
18-24
2
+33.3%
18-24
€0
-100.0%
18-24
€6k
+729.5%
18-24
€0
-100.0%
18-24
€384k
-1.6%
18-24
€96k
+27.1%
18-24
€288k
-8.2%
18-24
0.24
+238.9%
18-24
0.24
+238.9%
18-24
22.8%
+7.8%
18-24
3.40
-9.2%
18-24
7.7%
+13.1%
18-24
1.7%
+21.9%
18-24
6.72
-16.6%
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €35k |
| Net profit | €9k |
| Cash flow | €24k |
| Staff costs | €0 |
| Income taxes | €6k |
| Dividends | - |
| Total assets | €497k |
| Equity | €113k |
| Debt | €384k |
| of which ≤ 1y | €96k |
| of which > 1y | €288k |
| Working capital | €-73k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.24 |
| Quick ratio | 0.24 |
| Working capital ratio | -14.6% |
| Solvency | 22.8% |
| Debt / equity | 3.40 |
| Long-term debt ratio | 2.55 |
| Interest coverage | 6.72 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.7% |
| ROE | 7.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €497k |
| Fixed assets | 21/28 | €473k |
| Tangible fixed assets | 22/27 | €473k |
| Current assets | 29/58 | €23k |
| Amounts receivable within one year | 40/41 | €20k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €497k |
| Equity | 10/15 | €113k |
| Contributions / capital | 10/11 | €4k |
| Reserves | 13 | €95k |
| Accumulated profits (losses) | 14 | €14k |
| Amounts payable | 17/49 | €384k |
| Amounts payable after one year | 17 | €288k |
| Amounts payable within one year | 42/48 | €96k |
| Trade debts payable within one year | 44 | €0 |
| Income statement | ||
| Gross operating margin | 9900 | €37k |
| Operating result | 9901 | €20k |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €15k |
| Income taxes | 67/77 | €6k |
| Net result for the period | 9904 | €9k |
| Result to be appropriated | 9905 | €9k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2024 · computed44
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
7 directorsCurrent directors & mandates
-
Current14-07-2021 → present
3 events
- 23-06-2022 Appointed· Director
- 14-07-2021 Appointed· Niet statutair bestuurder
- 01-04-2012 Resigned· Niet statutaire zaakvoerder
Historic, not recently confirmed (3)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Not recently confirmedlast confirmed in an act from 2009
2 events
- 09-04-2009 Appointed· Director
- 09-04-2009 Appointed· Chair
-
Not recently confirmedlast confirmed in an act from 2009
-
Not recently confirmedlast confirmed in an act from 2009
Former directors (3)
-
Former- → 29-07-2021
-
Former19-04-2010 → 24-10-2013
2 events
- 24-10-2013 Resigned· Niet statutaire zaakvoerder
- 19-04-2010 Appointed· Director
-
Former- → 19-04-2010
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 17-04-2009 |
| Status | Active |
| Postal code | 1850 |
Structure & network
Connections & network
6 connected companiesGroup structure
Subsidiary · 3 locations
→
Subsidiary · 2 locations
→
Subsidiary · 1 subsidiary · 1 location
→
Subsidiary · 2 locations
→
Network connections
Shared director
→
Shared director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Establishment units
1 locationLeeDec
since 20152.260.816.216
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area858 m²
Buildings1
Building footprint88 m²
Volume (LiDAR)590 m³
Tallest building9.5 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23403F0114/00W003 | Flanders | 858 m² | 1 · 88 m² | 9.5 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgian State Gazette · acts
11 verified actsWhat every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.
2022
07-09-2022
Capital & shares · Restructuring
- General meeting , 29/07/2022
- Demerger , 29/07/2022
- Accounting effect , 01/01/2022
- Incorporation , 29/07/2022
- Founding capital , €331.782,21
- Share issue , vijfenzeventig (75) aandelen
+12 further facts
23-06-2022
Restructuring
- Demerger
- Name change , LEEDec
- Corporate purpose , De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen: + schoon…
- Corporate purpose , De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen: + schoon…
- Director appointment, Kevin Leemans (bestuurder)
- Director appointment, Kevin Leemans (bestuurder)
2021
29-07-2021
Registered office · Purpose · Legal-form change · Resignations & appointments
- General meeting , 14/07/2021
- Name change , All Services
- Purpose change , De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen: + schoon…
- Statutes amendment
- Reserve release , statutair onbeschikbare eigenvermogensrekening
- Director resignation, De Decker Ruth (zaakvoerder)
+3 further facts
2015
28-12-2015
Registered office
- General meeting , 09/12/2015
- Registered-office move , 1850 Grimbergen, Beigemsesteenweg 3
- Statutes amendment
2014
23-07-2014
Resignations & appointments
- General meeting , 05/06/2014
- Director resignation, Christine Vastenavondt (niet-statutaire zaakvoerder)
13-03-2014
Registered office
- Registered-office move , Lokerenbaan 70, 9240 Zele
- General meeting , 20/02/2014
2013
08-02-2013
Resignations & appointments
- General meeting , 07/01/2013
- Director resignation, Kevin Leemans (niet-statutaire zaakvoerder)
2012
29-11-2012
Registered office
- Board meeting , 05/10/2012
- Registered-office move , Heirbaan 24, 1785 Merchtem
2010
04-06-2010
Capital & shares · Statutes amendment · Legal-form change
- General meeting , 30/04/2010
- Legal-form conversion , Besloten vennootschap met beperkte aansprakelijkheid
- Purpose change , - het uitvoeren van allerlei klusjes in de meest ruime zin waaronder bij wijze van voorbeelden: grasmaaien, lamperı vervangen, kaders ophangen, bureau's verhuiz…
- Capital increase , €6.250
- Share issue , 50, 125,00 EUR
- Bank account , KBC Bank, 1.562,50 EUR
+2 further facts
05-05-2010
Resignations & appointments
- General meeting , 19-04-2010
- Director resignation, Albina Moens (bestuurder)
- Director appointment, Christine Vastenavondt (bestuurder)
2009
27-04-2009
Incorporation
- Incorporation , 09/04/2009
- Founder, De Decker Ruth Maria Stefaan
- Founder, Moens Albina Marida Ida
- Founder, Leemans Kevin Jean Libert
- Corporate purpose , de vennootschap wil de langdurige werklozen die tot de kansgroepen behoren een reële kans geven op duurzame tewerkstelling en dit via de organisatie van dienstv…
- Founding capital , €12.500
+9 further facts
Analysis
Snowflake analysis
financial profile on 5 axes47
/ 100
Mixed profile: strong on stability, weaker on solvency.
Health
44
Profitability
38
Solvency
21
Growth
32
Stability
100
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Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads BankNames & trade names
| Legal nameNL | LEEDEC |
Registered office
Wolvertemsesteenweg 348
1850 Grimbergen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.