ETS LECLERCQ
ActiveSummary
ETS LECLERCQ has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €-11k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 13% of 2179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47=
Solvency28▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.4 against 0.74 in 2024; short-term debt: 11.8% and cash: 2.5% of total assets), and 97% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-11k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 2179 sector peers (2025).
NBB · sector comparisonPosition among 2179 sector peers
Solvency
better than 13%
← weakest
strongest →
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
31 d early
2023
22 d late
2022
21 d early
2021
40 d early
2020
38 d early
2019
22 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-11k▼ 42.4%
2024 · €-8k
2018: €-586
2019: €30k
2020: €53k
2021: €71k
2022: €15k
2023: €-83k
2024: €-8k
2018 → 2025
Working capital
€-94k▼ 214%
2024 · €-30k
2018: €12k
2019: €46k
2020: €89k
2021: €155k
2022: €218k
2023: €-76k
2024: €-30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€178k-€193k▲ 8.5%€110k▼ 42.8%€103k▼ 7.1%€40k▼ 60.8%
Operating result€97k-€47k▼ 52.2%€-59k€24k€18k▼ 23.1%
Net result€71k-€15k▼ 78.7%€-83k€-8k▲ 90.6%€-11k▼ 42.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.34M
Fixed assets
€1.28M ▼ 4.7%
Current assets
€64k ▼ 25.0%
Equity and liabilities €1.34M
Equity
€40k ▼ 60.8%
Debt
€1.30M ▼ 1.7%
Debt's share of the balance-sheet total rises from 92.8% to 97.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€104k▼
2024 · €110k
Cash flow
€75k▼
2024 · €79k
Current ratio
0.40▼
2024 · 0.74
Debt to equity
32.35▲
2024 · 12.89
ROE
-27.7%▼
2024 · -7.6%
ROA
-0.8%▼
2024 · -0.5%
Interest coverage
3.55▲
2024 · 3.50
Debt ≤ 1 year
€159k▲
2024 · €116k
Debt > 1 year
€1.14M▼
2024 · €1.21M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.43M€1.34M▼
Fixed assets21/28€1.34M€1.28M▼
Tangible fixed assets22/27€1.34M€1.27M▼
Land and buildings22€1.32M€1.26M▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€0-
Other tangible fixed assets26€12k€12k=
Financial fixed assets28€6k€6k=
Current assets29/58€86k€64k▼
Amounts receivable within one year40/41€66k€28k▼
Trade receivables40€63k€27k▼
Other amounts receivable41€3k€546▼
Cash at bank and in hand54/58€17k€34k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.43M€1.34M▼
Equity10/15€103k€40k▼
Contributions10/11€19k€19k=
Reserves13€175k€123k▼
Non-distributable reserves130/1€626€626=
Reserves not available under the articles1311€626€626=
Distributable reserves133€174k€123k▼
Profit (loss) carried forward14€-91k€-102k▼
Amounts payable17/49€1.32M€1.30M▼
Amounts payable after more than one year17€1.21M€1.14M▼
Financial debts170/4€1.21M€1.14M▼
Amounts payable within one year42/48€116k€159k▲
Current portion of amounts payable after more than one year42€57k€65k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Advances received on contracts in progress46€28k€8k▼
Taxes, remuneration and social security45€16k€16k▲
Taxes450/3€16k€16k▲
Other amounts payable47/48€13k€67k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€86k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€111k€105k▼
Operating profit (loss)9901€24k€18k▼
Financial income75/76B€44€82▲
Recurring financial income75€44€82▲
Financial charges65/66B€31k€29k▼
Recurring financial charges65€31k€29k▼
Profit (loss) for the period before taxes9903€-8k€-11k▼
Profit (loss) for the period9904€-8k€-11k▼
Profit (loss) for the period to be appropriated9905€-8k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-91k€-102k▼
Profit (loss) brought forward from the previous period14P€-83k€-91k▼
Transfer from equity791/2-€51k
Profit to be distributed694/7-€51k
Return on contributions (dividend)694-€51k
The notes to these accounts (17 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Weakest financial yearnet €-83k ▼649%
Net result drops to €-83k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €71k ▲33.8%
Operating result €97k, net result €71k, both a record.
31-12
Financial
Equity above €150kEq €178k ▲64.9%
3 profitable years in a row build equity to €178k.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €108k ▲92.4%
2 profitable years in a row build equity to €108k.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
Show earlier events
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
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
2 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, Mouscron · 1 establishment unit since 2016
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.
Sint-Rochusstraat(H) 137712 MouscronGround area
2,962 m²
Building footprint
751 m²
Volume, LiDAR
4,067 m³
Parcel 54004K0015/00C000, Wallonia · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ETS LECLERCQ SPRL
since 20162.250.955.373
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54004K0015/00C000 | Wallonia | 2,961 m² | 1 · 751 m² | 6.1 m · 2 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.
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TEIRLINCK JAN
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Bouwonderneming Geert Willems
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Of 2,451 companies in sector 41003 we hold annual accounts for 1,054. 687 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:leclercq.chauffage@gmail.com
Phone:0492/319689