LEEUWERIK
ActiveLEEUWERIK has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.25M and a net result of €159k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 47% of 2029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-1
Solvency66=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 4.07 against 3.16 in 2024; short-term debt: 8.8% and cash: 5.5% of total assets), but 59% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
41%
Return on assets
5.2%
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
30 d late
2022
21 d early
2021
31 d late
2020
11 d early
2019
56 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€159k▼ 2.9%
2024 · €163k
2018: €-26k
2019: €37k
2020: €69k
2021: €74k
2022: €111k
2023: €145k
2024: €163k
2018 → 2025
Working capital
€822k▲ 96.7%
2024 · €418k
2018: €-1.56M
2019: €-1.75M
2020: €-1.62M
2021: €41k
2022: €-7k
2023: €130k
2024: €418k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€672k-€784k▲ 16.6%€929k▲ 18.5%€1.09M▲ 17.6%€1.25M▲ 14.5%
Operating result€140k-€197k▲ 40.6%€235k▲ 19.4%€256k▲ 9.0%€254k▼ 0.7%
Net result€74k-€111k▲ 50.0%€145k▲ 30.1%€163k▲ 12.6%€159k▼ 2.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.05M
Fixed assets
€1.96M▼ 5.7%
Current assets
€1.09M▲ 78.4%
Equity and liabilities €3.05M
Equity
€1.25M▲ 14.5%
Debt
€1.80M▲ 12.7%
The debt ratio falls from 59.3% to 59.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€372k▼
2024 · €376k
Cash flow
€277k▼
2024 · €284k
Solvency
41.0%▲
2024 · 40.7%
Current ratio
4.07▲
2024 · 3.16
Quick ratio
4.07▲
2024 · 3.16
Debt / equity
1.44▼
2024 · 1.46
ROE
12.7%▼
2024 · 14.9%
ROA
5.2%▼
2024 · 6.1%
Interest coverage
9.29▼
2024 · 9.86
Debt
€1.80M▲
2024 · €1.59M
Debt ≤ 1 year
€268k▲
2024 · €193k
Debt > 1 year
€1.46M▲
2024 · €1.37M
Income taxes
€56k▲
2024 · €54k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.69M€3.05M▲
Fixed assets21/28€2.08M€1.96M▼
Tangible fixed assets22/27€2.08M€1.96M▼
Land and buildings22€2.05M€1.94M▼
Plant, machinery and equipment23€22k€18k▼
Furniture and vehicles24€18€0▼
Current assets29/58€611k€1.09M▲
Amounts receivable within one year40/41€27k€212k▲
Trade receivables40€4k€38k▲
Other amounts receivable41€23k€174k▲
Current investments50/53-€700k
Cash at bank and in hand54/58€581k€169k▼
Deferred charges and accrued income490/1€3k€9k▲
Equity and liabilities
Total equity and liabilities10/49€2.69M€3.05M▲
Equity10/15€1.09M€1.25M▲
Contributions10/11€300k€300k=
Capital10€300k€300k=
Issued capital100€300k€300k=
Reserves13€30k€30k=
Non-distributable reserves130/1€30k€30k=
Legal reserve130€30k€30k=
Profit (loss) carried forward14€762k€920k▲
Amounts payable17/49€1.59M€1.80M▲
Amounts payable after more than one year17€1.37M€1.46M▲
Financial debts170/4€1.32M€1.42M▲
Other amounts payable178/9€52k€46k▼
Amounts payable within one year42/48€193k€268k▲
Trade debts44€145k€13k▼
Suppliers440/4€145k€13k▼
Advances received on contracts in progress46€16k€26k▲
Taxes, remuneration and social security45€3k€44k▲
Taxes450/3€3k€44k▲
Other amounts payable47/48€28k€185k▲
Accrued charges and deferred income492/3€28k€65k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€120k€118k▼
Other operating charges640/8€956€3k▲
Gross operating margin9900€377k€375k▼
Operating profit (loss)9901€256k€254k▼
Financial income75/76B€1€626▲
Recurring financial income75€1€626▲
Financial charges65/66B€38k€40k▲
Recurring financial charges65€38k€40k▲
Profit (loss) for the period before taxes9903€218k€214k▼
Income taxes67/77€54k€56k▲
Profit (loss) for the period9904€163k€159k▼
Profit (loss) for the period to be appropriated9905€163k€159k▼
Appropriation of the result
Profit (loss) to be appropriated9906€762k€920k▲
Profit (loss) brought forward from the previous period14P€599k€762k▲
The notes to these accounts (13 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €163k ▲12.6%
Operating result €256k, net result €163k, both a record.
31-12
Financial
Equity above €1MEq €1.09M ▲17.6%
6 profitable years in a row build equity to €1.09M.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 2.14
Current ratio from 0.86 to 2.14.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Liquidity times 103current ratio 2.19
Current ratio from 0.02 to 2.19; short-term debt falls from €1.65M to €35k.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 56 days late
2019
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
31-12
Financial
Equity above €500kEq €529k ▲7.5%
Equity rises from €492k to €529k.
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 41 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Sint-Martens-Latem · 1 establishment unit since 2009
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.
Kortrijksesteenweg 239830 Sint-Martens-LatemGround area
2,317 m²
Building footprint
356 m²
Volume, LiDAR
2,977 m³
Parcel 44064B0624/00X000, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Leeuwerik
since 20092.185.208.575
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064B0624/00X000 | Flanders | 2,317 m² | 1 · 356 m² | 11.0 m · 3 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,988 EUR awarded · 1,988 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,988 EUR | 1,988 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
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Of 8,454 companies in sector 43120 we hold annual accounts for 3,232. 1,541 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-09-2009
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0495/207180