FLAMMANG - LEONARD
ActiveFLAMMANG - LEONARD has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €-18k. Equity is shrinking by ~26.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 11210 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▲+3
Solvency35▼-20
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.97 against 6.72 in 2024; short-term debt: 31.2% and cash: 50.5% of total assets), but 90% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10%
Return on assets
-7.1%
Age of the figures
9 mo
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 €-18k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
5 d late
2022
32 d early
2021
25 d early
2020
3 d early
2019
20 d late
← 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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-18k▲ 29.0%
2024 · €-26k
2018: €46k
2019: €38k
2020: €102
2021: €52k
2022: €69k
2023: €568k
2024: €-26k
2018 → 2025
Working capital
€159k▼ 22.3%
2024 · €205k
2018: €172k
2019: €174k
2020: €217k
2021: €254k
2022: €104k
2023: €223k
2024: €205k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€318k-€138k▼ 56.5%€107k▼ 22.4%€81k▼ 24.2%€26k▼ 68.1%
Operating result€75k-€89k▲ 18.6%€760k▲ 758%€-25k€-18k▲ 30.1%
Net result€52k-€69k▲ 31.9%€568k▲ 726%€-26k€-18k▲ 29.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2025 against €25k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €259k
Fixed assets
€19k▼ 33.7%
Current assets
€240k▼ 0.3%
Equity and liabilities €259k
Equity
€26k▼ 68.1%
Provisions
€153k=
Debt
€81k▲ 125%
The debt ratio rises from 13.3% to 31.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-8k▲
2024 · €-16k
Cash flow
€-9k▲
2024 · €-16k
Solvency
10.0%▼
2024 · 30.2%
Current ratio
2.97▼
2024 · 6.72
Quick ratio
2.38▼
2024 · 5.10
Debt / equity
3.11▲
2024 · 0.44
ROE
-70.9%▼
2024 · -31.9%
ROA
-7.1%▲
2024 · -9.6%
Interest coverage
-11.73▲
2024 · -20.01
Debt
€81k▲
2024 · €36k
Debt ≤ 1 year
€81k▲
2024 · €36k
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€270k€259k▼
Fixed assets21/28€29k€19k▼
Tangible fixed assets22/27€29k€19k▼
Land and buildings22€19k€17k▼
Plant, machinery and equipment23€1k€533▼
Furniture and vehicles24€9k€2k▼
Current assets29/58€241k€240k▼
Stocks and contracts in progress3€58k€48k▼
Stocks30/36€58k€48k▼
Amounts receivable within one year40/41€68k€60k▼
Trade receivables40€63k€59k▼
Other amounts receivable41€5k€920▼
Cash at bank and in hand54/58€115k€131k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€270k€259k▼
Equity10/15€81k€26k▼
Contributions10/11€19k€19k=
Reserves13€89k€52k▼
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Tax-exempt reserves132€42k€42k=
Distributable reserves133€37k-
Profit (loss) carried forward14€-26k€-44k▼
Provisions and deferred taxes16€153k€153k=
Provisions for liabilities and charges160/5€153k€153k=
Other liabilities and charges164/5€153k€153k=
Amounts payable17/49€36k€81k▲
Amounts payable within one year42/48€36k€81k▲
Current portion of amounts payable after more than one year42€2k-
Trade debts44€28k€40k▲
Suppliers440/4€28k€40k▲
Taxes, remuneration and social security45€5k-
Taxes450/3€5k-
Other amounts payable47/48€345€41k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€-14k€-6k▲
Operating profit (loss)9901€-25k€-18k▲
Financial income75/76B€320€95▼
Recurring financial income75€320€95▼
Financial charges65/66B€784€685▼
Recurring financial charges65€784€685▼
Profit (loss) for the period before taxes9903€-26k€-18k▲
Profit (loss) for the period9904€-26k€-18k▲
Profit (loss) for the period to be appropriated9905€-26k€-18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-44k▼
Profit (loss) brought forward from the previous period14P-€-26k
Transfer from equity791/2-€37k
Profit to be distributed694/7-€37k
Return on contributions (dividend)694-€37k
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-26k ▼105%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 6.72
Current ratio from 1.29 to 6.72; short-term debt falls from €776k to €36k.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 5 days late
2023
31-12
Financial
Highest result since 2018net €568k ▲726%
Operating result €760k, net result €568k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 12 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
27-06-2023
Resigned as Director
Location & real-estate footprint
Registered office, Libramont-Chevigny · 1 establishment unit since 1988
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.
Bras-Haut,Rue de Mochamps 686800 Libramont-Chevigny1 establishment unit
Bras-Haut,Rue de Mochamps 68, 6800 Libramont-Chevigny
since 19882.041.198.120
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Of 841 companies in sector 46810 we hold annual accounts for 473. 141 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-1988
Fiscal year end31-12
Legal name FR
FLAMMANG - LEONARD ET FILS
Activities, NACEBEL
46810Wholesale of solid, liquid and gaseous fuels and related products
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filings
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.