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COLMAN LEDER

Active
Public limited companyfounded 197749 years activeZwaluwbeekstraat 13, 9150 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0416.949.550
Summary

COLMAN LEDER has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €322,480 and a net result of €5,769. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 37% of 55 sector peers (NACE 15, fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Activity
Manufacture of leather and related products
NACE 15110Wholesale trade NACE 46498
#5 oldest company in Belgium, Leather and related products sector6 sites
Size
€1.8mtotal assets 2025
Staff
17.7 FTE
Equity
€322,480
Profit
€5,769
Turnover not published (abridged schema)
Financial health
62 Healthy Checked score 2025
Bankruptcy probability, 12 months
1.5%
Structure
Holdings
1
Accounts filed 28 days late0 of 8 deeds read
Why 62- Equity €322,480 (17.6% of total assets)- Liquidity: current ratio 1.14, cash €56,322- Size: 17.7 FTE, total assets €1.8m- Sector Manufacture of leather and related products (NACE 15)Show the evidence

Checked score

Score 2025
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 26% of its sector peers (all companies)
Financial strength · tick = 2024
Weak
Solvency 43+2
equity 17.6% of total assets
Liquidity 10-3
short-term debt 79.7% · cash 3.1%
Profitability 33-2
return on assets 0.3%
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (9 companies)
Last 24 months 11-2024: 2.0% 12-2024: 2.0%● unchanged vs 11-2024 01-2025: 2.0%● unchanged vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 1.9%▼ -0.1 percentage points vs 02-2025 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 2.4%▲ +0.5 percentage points vs 06-2025 08-2025: 3.3%▲ +0.9 percentage points vs 07-2025highest value 09-2025: 1.7%▼ -1.6 percentage points vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.6%▼ -0.1 percentage points vs 02-2026 04-2026: 1.6%● unchanged vs 03-2026 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.7%▲ +0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +1.1 percentage points vs 07-2026 09-2026: 1.5%▼ -1.3 percentage points vs 08-2026lowest value 10-2026: 1.5%● unchanged vs 09-2026lowest value
Credit up to €19,000 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.14 in 2024; short-term debt: 79.7% and cash: 3.1% of total assets), and 82.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies): better than 28% on solvency, 8% on liquidity, 21% on profitability and 46% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
+raises risk○neutral
raises risk · Equity €322,480 (17.6% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.14, cash €56,322
NBB · annual accounts
raises risk · Size: 17.7 FTE, total assets €1.8m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector Manufacture of leather and related products (NACE 15)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
26 days late
2023
on the day
2022
79 days late
2021
31 days late
2020
31 days late
2019
20 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 31 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 28 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Highest result since 2018net €14,768 ▲31.6%

Key points

  • Positive: Oldest company in Belgium, Leather and related products…in the Checked rankings #5 View
  • Positive: 5 profitable years in a rowprofit 2025: €5,769 5 years View
  • Active since 1977founded 03-03-1977 49 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.8m
Profit
€5,769
Solvency
17.6%
Total assets▼ 5.6%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 31-07-2024Annual accounts filed
  2. 18-10-2023Annual accounts filed
  3. 31-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
6
Legal form
Public limited company
Activity
Manufacture of leather and related productsNACE 15110
Founded
03-03-1977
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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