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LEIE PELS

Active
Public limited companyfounded 197451 yrs activeStaatsbaan 181, 9870 Zulte, BelgiumKBO/BCE: BE 0414.641.148

LEIE PELS has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181k and a net result of €236. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 95% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
81 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+14
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 20.7 against 14.97 in 2024; short-term debt: 1.3% and cash: 7.9% of total assets), and 1.3% 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 riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 51 years 0 60 y
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
98.7%
Return on assets
0.1%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 d early
2024
29 d early
2023
23 d late
2022
23 d late
2021
32 d early
2020
27 d late
2019
18 d early
← 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 months
Position in the running window
22-09-2026 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
€181k▲ 0.1%
2024 · €181k
2018: €190k 2019: €189k 2020: €191k 2021: €182k 2022: €186k 2023: €183k 2024: €181k
2018 → 2025
Total assets
€184k▼ 0.4%
2024 · €184k
2018: €194k 2019: €195k 2020: €197k 2021: €194k 2022: €189k 2023: €187k 2024: €184k
2018 → 2025
Net result
€236
2024 · €-2k
2018: €-2k 2019: €-443 2020: €2k 2021: €-9k 2022: €4k 2023: €-3k 2024: €-2k
2018 → 2025
Working capital
€47k▲ 2.9%
2024 · €46k
2018: €35k 2019: €40k 2020: €45k 2021: €40k 2022: €44k 2023: €45k 2024: €46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€182k-€186k▲ 2.1%€183k▼ 1.4%€181k▼ 1.1%€181k▲ 0.1%
Operating result€-8k-€4k€-2k€-2k▲ 25.5%€439
Net result€-9k-€4k€-3k€-2k▲ 23.3%€236
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5kOperating result 2021: €-8k€-8kNet result 2021: €-9k€-9kOperating result 2022: €4k€4kNet result 2022: €4k€4kOperating result 2023: €-2k€-2kNet result 2023: €-3k€-3kOperating result 2024: €-2k€-2kNet result 2024: €-2k€-2kOperating result 2025: €439€439Net result 2025: €236€23620212022202320242025
The operating result returns to profit in 2025: €439 after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €184k
Fixed assets €134k▼ 0.8%
Current assets €50k▲ 0.9%
Equity and liabilities €184k
Equity €181k▲ 0.1%
Debt €2k▼ 27.0%
The debt ratio falls from 1.8% to 1.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2k
2024 · €912
Cash flow
€1k
2024 · €711
Solvency
98.7%
2024 · 98.2%
Current ratio
20.70
2024 · 14.97
Quick ratio
20.70
2024 · 14.97
Debt / equity
0.01
2024 · 0.02
ROE
0.1%
2024 · -1.1%
ROA
0.1%
2024 · -1.1%
Interest coverage
7.65
2024 · 4.55
Debt
€2k
2024 · €3k
Debt ≤ 1 year
€2k
2024 · €3k
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€184k€184k
Fixed assets21/28€135k€134k
Tangible fixed assets22/27€135k€134k
Land and buildings22€134k€133k
Plant, machinery and equipment23€1k€948
Current assets29/58€49k€50k
Amounts receivable within one year40/41€38k€35k
Trade receivables40€17k€14k
Other amounts receivable41€20k€21k
Cash at bank and in hand54/58€11k€14k
Deferred charges and accrued income490/1€252€252=
Equity and liabilities
Total equity and liabilities10/49€184k€184k
Equity10/15€181k€181k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€100k€100k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€46k€46k=
Distributable reserves133€47k€47k=
Profit (loss) carried forward14€19k€20k
Amounts payable17/49€3k€2k
Amounts payable within one year42/48€3k€2k
Trade debts44€3k€2k
Suppliers440/4€3k€2k
Taxes, remuneration and social security45€44€44=
Taxes450/3€44€44=
Other amounts payable47/48€586€398
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k
Other operating charges640/8€3k€2k
Gross operating margin9900€4k€4k
Operating profit (loss)9901€-2k€439
Financial charges65/66B€200€203
Recurring financial charges65€200€203
Profit (loss) for the period before taxes9903€-2k€236
Profit (loss) for the period9904€-2k€236
Profit (loss) for the period to be appropriated9905€-2k€236
Appropriation of the result
Profit (loss) to be appropriated9906€19k€20k
Profit (loss) brought forward from the previous period14P€21k€19k

The notes to these accounts (5 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
16-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €236
Net result €236 after 2 loss-making years.
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
23-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
23-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
31-12
Financial Liquidity quadruplescurrent ratio 16.95
Current ratio from 4.29 to 16.95; short-term debt falls from €12k to €3k.
29-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet €-9k ▼593%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial Back to profitnet €2k
Net result €2k after 2 loss-making years.
13-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
06-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
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, Zulte · 1 establishment unit since 1975
establishment approximate 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.

Staatsbaan 1819870 Zulte
Ground area
5,584 m²
Building footprint
1,739 m²
Volume, LiDAR
12,187 m³
2 parcels, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Staatsbaan 183, 9870 Zulte
NACE 1830001
since 19752.010.637.576
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44081C0015/00P002 Flanders 3,189 m² 1 · 862 m² 13.6 m · 2 fl.
44081C0030/00F002indicative Flanders 2,395 m² 1 · 877 m² 9.6 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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

Of 432 companies in sector 46869 we hold annual accounts for 244. 154 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded27-09-1974
Fiscal year end31-12
Activities, NACEBEL
46869Wholesale trade
51562
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.