Leut Services · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Leut Services is 0.1% (very low). The 2023 annual accounts show equity of €473k and a net result of €185k. Equity is growing by ~41.7% per year across the filed fiscal years. Its solvency ranks better than 86% of 454 sector peers (fiscal year 2023). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Signals

3 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 86% of 454 peers (2023). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2022 and 2023).

View the result trend

Growing equity

Equity grew over 2021-2023. 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.

Filing behaviour

From the deposit records, complete market-wide

Annual accounts not filed

The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 381 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 14-08-2024, 14 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	nothing on record	not filed	-
31-12-2023	31-07-2024	14-08-2024	14 d late	2024-00358202
31-12-2022	31-07-2023	31-08-2023	31 d late	2023-00385955
31-12-2021	31-07-2022	30-09-2022	61 d late	2022-20454942
31-12-2020	31-07-2021	24-09-2021	55 d late	2021-68400120
31-12-2019	31-07-2020	26-08-2020	26 d late	2020-45200435
31-12-2018	31-07-2019	30-08-2019	30 d late	2019-59400415
31-12-2017	31-07-2018	14-09-2018	45 d late	2018-63200368
31-12-2016	31-07-2017	29-08-2017	29 d late	2017-51400450
31-12-2015	31-07-2016	26-08-2016	26 d late	2016-48700546
31-12-2014	31-07-2015	21-08-2015	21 d late	2015-45200353

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2007, 19 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 strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.1% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Long track record −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€185k+111.4%

Working capital€416k+76.5%

CSV export

Annual accounts & ratios

Source: NBB · 2023

Annual accounts filed on 14-08-2024 with the NBB · fiscal year 2023 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~41.7%/year over 6 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).

Sector comparison

Fiscal year 2023 · NACE 75 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	75.2%	44.6%	better than 86% of 454 sector peers
Net result	€185k	€21k	better than 95% of 454 sector peers
Equity	€473k	€47k	better than 95% of 454 sector peers
Gross operating margin	€326k	€45k	better than 95% of 454 sector peers
Staff costs	€60k	€20k	higher than 92% of 114 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P86

Stable position over 2020-2023 · n=53-454

Net result P95

Stable position over 2020-2023 · n=53-454

Equity P95

Improving position over 2020-2023 · n=53-454

Gross operating margin P95

Stable position over 2020-2023 · n=53-454

Describes the position versus peers, not a forecast.

EBITDA

€261k

+92.4% 18-23

Net profit

€185k

+111.4% 18-23

Cash flow

€207k

+95.1% 18-23

Total assets

€629k

+53.3% 18-23

Equity

€473k

+52.3% 18-23

Working capital

€416k

+76.5% 18-23

Employees (FTE)

4

+8.1% 18-23

Staff costs

€60k

+8.6% 18-23

Show 11 other metrics

Income taxes

€58k

+81.6% 18-23

Debt

€156k

+56.5% 18-23

Debt ≤ 1y

€156k

+56.5% 18-23

Debt > 1y

€8k

-63.2% 18-23

Current ratio

3.67

+9.0% 18-23

Quick ratio

3.42

+15.1% 18-23

Solvency

75.2%

-0.7% 18-23

Debt / equity

0.33

+2.8% 18-23

ROE

39.1%

+38.8% 18-23

ROA

29.4%

+37.9% 18-23

Interest coverage

481.25

+96.1% 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	-
EBITDA	€261k
Net profit	€185k
Cash flow	€207k
Staff costs	€60k
Income taxes	€58k
Dividends	-
Total assets	€629k
Equity	€473k
Debt	€156k
of which ≤ 1y	€156k
of which > 1y	-
Working capital	€416k
Employees (FTE)	4.0

Ratios (computed)

	2023
Current ratio	3.67
Quick ratio	3.42
Working capital ratio	66.2%
Solvency	75.2%
Debt / equity	0.33
Long-term debt ratio	-
Interest coverage	481.25
Gross margin	-
Net margin	-
ROA	29.4%
ROE	39.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €56k · 9.0% Current assets €572k · 91.0%

Equity & liabilities

Equity €473k · 75.2% Debt €156k · 24.8%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€629k
Fixed assets	21/28	€56k
Tangible fixed assets	22/27	€56k
Current assets	29/58	€572k
Stocks & contracts in progress	3	€39k
Amounts receivable within one year	40/41	€32k
Cash & bank	54/58	€273k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€629k
Equity	10/15	€473k
Reserves	13	€473k
Amounts payable	17/49	€156k
Amounts payable within one year	42/48	€156k
Trade debts payable within one year	44	€44k
Income statement
Gross operating margin	9900	€326k
Operating result	9901	€239k
Financial income	75	€4k
Financial charges	65	€543
Result before taxes	9903	€243k
Income taxes	67/77	€58k
Net result for the period	9904	€185k
Result to be appropriated	9905	€185k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2023 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Directors

Directors & mandates

2 directors

4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Current directors & mandates

Evidensía Belgium BVLegal entity
Director
State Gazette act 24171862 (05-12-2024)

Current
05-12-2024 → present

Former directors (1)

Sylvie Van Houtteghem
Director
State Gazette act 24171862 (05-12-2024)

Former
- → 31-10-2024

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Veterinaire diensten(75000)
Legal form	Private limited company(610)
Incorporation	23-05-2007
Status	Active
Postal code	3630

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

Leut

Rijksweg(L) 29, 3630 MaasmechelenVeterinaire diensten

since 20072.230.612.790

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area629 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels 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.
73045A0423/00H000	Flanders	629 m²	-	-

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

Belgisch Staatsblad · acts

2 acts

All acts · 2 updated 1 year ago

2024

05-12-2024 1 director appointed, 1 resigning Director changes

Evidensía Belgium BV, Bestuurder
Sylvie Van Houtteghem, Bestuurder

Original publication ↗

07-11-2024 Articles of association amended, name change, change of corporate purpose and change of duration Statutes amendment·Peter VAN MELKEBEKE

Summary: De vennootschap heeft tot voorwerp het verlenen van advies, bijstand en diensten in de meest ruime zin met betrekking tot de werkzaamheden van derden, waaronder HR, IT, marketing, logistiek en operati…Notary: Peter VAN MELKEBEKE · BrusselFirm: BERQUIN NOTARISSEN

Original publication ↗