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AD LEIE

Active
Private limited company (pre-2019)founded 200620 yrs activeLeiestraat 94, 8520 Kuurne, BelgiumKBO/BCE: BE 0880.227.488

AD LEIE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €3k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 93% of 14009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
87 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+12
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 12.16 against 6.96 in 2024; short-term debt: 6.6% and cash: 14.6% of total assets), and 6.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
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 20 years 0 30 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
93.4%
Return on assets
13.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-01-2026, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
20 d early
2024
22 d early
2023
41 d early
2022
7 d early
2021
3 d early
2020
2 d early
2019
2 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close19-09-2026 today31-01-2027 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
€22k▲ 6.3%
2024 · €21k
2019: €10k 2020: €20k 2021: €21k 2022: €21k 2023: €20k 2024: €21k
2019 → 2025
Total assets
€24k▼ 1.7%
2024 · €24k
2019: €17k 2020: €28k 2021: €22k 2022: €24k 2023: €22k 2024: €24k
2019 → 2025
Net result
€3k▲ 247%
2024 · €927
2019: €-1k 2020: €10k 2021: €876 2022: €580 2023: €-1k 2024: €927
2019 → 2025
Working capital
€18k▲ 11.1%
2024 · €16k
2019: €3k 2020: €9k 2021: €10k 2022: €12k 2023: €13k 2024: €16k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€21k-€21k▲ 2.8%€20k▼ 5.7%€21k▲ 4.6%€22k▲ 6.3%
Operating result€917-€614▼ 33.0%€-1k€901€401▼ 55.5%
Net result€876-€580▼ 33.8%€-1k€927€3k▲ 247%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-2k€0€2k€4kOperating result 2021: €917€917Net result 2021: €876€876Operating result 2022: €614€614Net result 2022: €580€580Operating result 2023: €-1k€-1kNet result 2023: €-1k€-1kOperating result 2024: €901€901Net result 2024: €927€927Operating result 2025: €401€401Net result 2025: €3k€3k20212022202320242025
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24k
Fixed assets €5k▼ 18.9%
Current assets €19k▲ 3.7%
Equity and liabilities €24k
Equity €22k▲ 6.3%
Provisions €0▼ 100%
Debt €2k▼ 40.6%
The debt ratio falls from 11.0% to 6.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2k
2024 · €2k
Cash flow
€5k
2024 · €2k
Solvency
93.4%
2024 · 86.4%
Current ratio
12.16
2024 · 6.96
Quick ratio
12.16
2024 · 6.96
Debt / equity
0.07
2024 · 0.13
ROE
14.5%
2024 · 4.4%
ROA
13.5%
2024 · 3.8%
Interest coverage
10.18
2024 · 12.94
Debt
€2k
2024 · €3k
Debt ≤ 1 year
€2k
2024 · €3k
Income taxes
€4
2024 · €26
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€24k€24k
Fixed assets21/28€6k€5k
Tangible fixed assets22/27€6k€5k
Plant, machinery and equipment23€977€539
Furniture and vehicles24€0-
Other tangible fixed assets26€5k€4k
Financial fixed assets28€25€25=
Current assets29/58€18k€19k
Amounts receivable within one year40/41€4k€14k
Trade receivables40€360-
Other amounts receivable41€4k€14k
Cash at bank and in hand54/58€2k€3k
Deferred charges and accrued income490/1€12k€2k
Equity and liabilities
Total equity and liabilities10/49€24k€24k
Equity10/15€21k€22k
Contributions10/11€19k€19k=
Reserves13€3k€4k
Tax-exempt reserves132€3k-
Distributable reserves133-€4k
Profit (loss) carried forward14€-266-
Provisions and deferred taxes16€635-
Deferred taxes168€635-
Amounts payable17/49€3k€2k
Amounts payable within one year42/48€3k€2k
Trade debts44€81-
Suppliers440/4€81-
Other amounts payable47/48€3k€2k
Income statement Code20242025
Non-recurring operating income76A€5k€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k
Other operating charges640/8€1k€2k
Gross operating margin9900€3k€3k
Operating profit (loss)9901€901€401
Financial income75/76B€117€454
Recurring financial income75€117€454
Financial charges65/66B€176€176
Recurring financial charges65€176€176
Profit (loss) for the period before taxes9903€842€679
Transfer from deferred taxes780€111€3k
Income taxes67/77€26€4
Profit (loss) for the period9904€927€3k
Transfer from tax-exempt reserves789€444€635
Profit (loss) for the period to be appropriated9905€1k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€-266€4k
Profit (loss) brought forward from the previous period14P€-2k€-266
Transfer to equity691/2-€4k
To other reserves6921-€4k

The notes to these accounts (9 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 31-01-2027
2026
11-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
09-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Back to profitnet €927
Net result €927 after one loss-making year.
2023
21-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Liquidity doublescurrent ratio 15.95
Current ratio from 6.56 to 15.95; short-term debt falls from €2k to €850.
24-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Liquidity times 7current ratio 18.78
Current ratio from 2.61 to 18.78; short-term debt falls from €5k to €535.
29-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Back to profitnet €10k
Net result €10k after one loss-making year.
29-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
21-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
27-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated 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, Kuurne · 1 establishment unit since 2006
establishment 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.

Leiestraat 948520 Kuurne
Ground area
245 m²
Building footprint
48 m²
Volume, LiDAR
208 m³
Parcel 34023C0065/00L000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Ad Leie
Leiestraat 94, 8520 KuurneNACE 51190
since 20062.153.596.077
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34023C0065/00L000 Flanders 245 m² 1 · 48 m² 6.5 m · 1 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

Of 7,322 companies in sector 68110 we hold annual accounts for 5,382. 2,582 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded24-03-2006
Fiscal year end30-06
Activities, NACEBEL
68110Buying and selling of own real estate
70120
46190Agents in non-specialised wholesale trade
55204Guest rooms (bed and breakfast)
55209Other holiday and short-stay accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:danny.willemyns.kortrijk@gmail.com
Establishment Kuurne 2.153.596.077