G. LEONARD
ActiveSummary
G. LEONARD has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €29k and a net result of €23k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency57▲+24
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 6.41 against 2.67 in 2023; short-term debt: 15.3% and cash: 47.9% of total assets), but 67.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
32.5%
Return on assets
25.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
34 d early
2022
6 d early
2021
32 d early
2020
36 d early
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€29k▲ 345%
2023 · €7k
2018: €21k
2019: €19k▼ -8.5% vs 2018
2020: €38k▲ +94.8% vs 2019
2021: €59k▲ +56.0% vs 2020highest in 7 years
2022: €30k▼ -48.6% vs 2021
2023: €7k▼ -78.2% vs 2022lowest in 7 years
2024: €29k▲ +345% vs 2023
2018 → 2024
Total assets
€90k▲ 8.6%
2023 · €83k
2018: €152khighest in 7 years
2019: €69k▼ -54.7% vs 2018lowest in 7 years
2020: €119k▲ +72.9% vs 2019
2021: €143k▲ +20.0% vs 2020
2022: €84k▼ -41.1% vs 2021
2023: €83k▼ -1.3% vs 2022
2024: €90k▲ +8.6% vs 2023
2018 → 2024
Net result
€23k
2023 · €-24k
2018: €11k
2019: €-2k▼ -116% vs 2018
2020: €38k▲ +2250% vs 2019
2021: €51k▲ +33.4% vs 2020highest in 7 years
2022: €-11k▼ -121% vs 2021
2023: €-24k▼ -118% vs 2022lowest in 7 years
2024: €23k▲ +196% vs 2023
2018 → 2024
Working capital
€75k▲ 48.2%
2023 · €50k
2018: €58k
2019: €54k▼ -6.8% vs 2018
2020: €76k▲ +40.6% vs 2019
2021: €96k▲ +26.6% vs 2020highest in 7 years
2022: €68k▼ -29.1% vs 2021
2023: €50k▼ -26.0% vs 2022lowest in 7 years
2024: €75k▲ +48.2% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€38k-€59k▲ 56.0%€30k▼ 48.6%€7k▼ 78.2%€29k▲ 345%
2020: €38k
2021: €59k▲ +56.0% vs 2020highest in 5 years
2022: €30k▼ -48.6% vs 2021
2023: €7k▼ -78.2% vs 2022lowest in 5 years
2024: €29k▲ +345% vs 2023
Operating result€49k-€66k▲ 35.9%€-11k€-23k▼ 99.8%€23k
2020: €49k
2021: €66k▲ +35.9% vs 2020highest in 5 years
2022: €-11k▼ -117% vs 2021
2023: €-23k▼ -99.8% vs 2022lowest in 5 years
2024: €23k▲ +204% vs 2023
Net result€38k-€51k▲ 33.4%€-11k€-24k▼ 118%€23k
2020: €38k
2021: €51k▲ +33.4% vs 2020highest in 5 years
2022: €-11k▼ -121% vs 2021
2023: €-24k▼ -118% vs 2022lowest in 5 years
2024: €23k▲ +196% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €23k after a loss of €23k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €90k
Fixed assets
€2k ▼ 31.8%
Current assets
€88k ▲ 9.7%
Equity and liabilities €90k
Equity
€29k ▲ 345%
Debt
€61k ▼ 20.4%
Debt's share of the balance-sheet total falls from 92.1% to 67.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24k▲
2023 · €-21k
Cash flow
€23k▲
2023 · €-22k
Current ratio
6.41▲
2023 · 2.67
Debt to equity
2.08▼
2023 · 11.62
ROE
77.5%▲
2023 · -358.3%
ROA
25.2%▲
2023 · -28.4%
Interest coverage
31.71▲
2023 · -34.36
Debt ≤ 1 year
€14k▼
2023 · €30k
Income taxes
€293▲
2023 · €281
Staff costs
€17k▼
2023 · €21k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€83k€90k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€723-
Furniture and vehicles24€723-
Financial fixed assets28€2k€2k=
Current assets29/58€81k€88k▲
Amounts receivable within one year40/41€22k€44k▲
Trade receivables40€22k€44k▲
Cash at bank and in hand54/58€57k€43k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€83k€90k▲
Equity10/15€7k€29k▲
Contributions10/11€3k€3k=
Reserves13€38k€38k=
Distributable reserves133€38k€38k=
Profit (loss) carried forward14€-34k€-12k▲
Amounts payable17/49€76k€61k▼
Amounts payable within one year42/48€30k€14k▼
Trade debts44€2k€8k▲
Suppliers440/4€2k€8k▲
Taxes, remuneration and social security45€27k€6k▼
Taxes450/3€23k€2k▼
Remuneration and social security454/9€4k€4k▼
Other amounts payable47/48€1k€62▼
Accrued charges and deferred income492/3€46k€47k▲
Income statement
Code20232024
Remuneration, social security and pensions62€21k€17k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€723▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€525€43k▲
Operating profit (loss)9901€-23k€23k▲
Financial income75/76B-€238
Recurring financial income75-€238
Financial charges65/66B€618€764▲
Recurring financial charges65€618€764▲
Profit (loss) for the period before taxes9903€-23k€23k▲
Income taxes67/77€281€293▲
Profit (loss) for the period9904€-24k€23k▲
Profit (loss) for the period to be appropriated9905€-24k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-12k▲
Profit (loss) brought forward from the previous period14P€-11k€-34k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €21k | €22k | €21k | €17k | ▼ 15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €966 | €1k | €1k | €723 | ▼ 48.8% |
| Other operating charges640/8 | - | €2k | €1k | €1k | €2k | ▲ 26.1% |
| Gross operating margin9900 | €73k | €91k | €14k | €525 | €43k | ▲ 8,130% |
| Operating profit (loss)9901 | €49k | €66k | €-11k | €-23k | €23k | ▲ 204% |
| Financial income75/76B | - | €2k | €1k | - | €238 | - |
| Recurring financial income75 | €3k | €2k | €1k | - | €238 | - |
| Financial charges65/66B | - | €599 | €513 | €618 | €764 | ▲ 23.7% |
| Recurring financial charges65 | €476 | €599 | €513 | €618 | €764 | ▲ 23.7% |
| Profit (loss) for the period before taxes9903 | €52k | €68k | €-11k | €-23k | €23k | ▲ 199% |
| Income taxes67/77 | €13k | €17k | €245 | €281 | €293 | ▲ 4.1% |
| Profit (loss) for the period9904 | €38k | €51k | €-11k | €-24k | €23k | ▲ 196% |
| Profit (loss) for the period to be appropriated9905 | €38k | €51k | €-11k | €-24k | €23k | ▲ 196% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €119k | €143k | €84k | €83k | €90k | ▲ 8.6% |
| Fixed assets21/28 | €4k | €4k | €4k | €2k | €2k | ▼ 31.8% |
| Tangible fixed assets22/27 | €2k | €3k | €2k | €723 | - | - |
| Furniture and vehicles24 | - | €3k | €2k | €723 | - | - |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €115k | €139k | €80k | €81k | €88k | ▲ 9.7% |
| Amounts receivable within one year40/41 | €68k | €109k | €21k | €22k | €44k | ▲ 98.8% |
| Trade receivables40 | - | €76k | €16k | €22k | €44k | ▲ 98.8% |
| Other amounts receivable41 | - | €33k | €5k | - | - | - |
| Cash at bank and in hand54/58 | €47k | €29k | €60k | €57k | €43k | ▼ 23.7% |
| Deferred charges and accrued income490/1 | - | - | - | €2k | €1k | ▼ 25.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €119k | €143k | €84k | €83k | €90k | ▲ 8.6% |
| Equity10/15 | €38k | €59k | €30k | €7k | €29k | ▲ 345% |
| Contributions10/11 | - | €19k | €3k | €3k | €3k | = |
| Reserves13 | €19k | €40k | €38k | €38k | €38k | = |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | €38k | €38k | €38k | €38k | = |
| Profit (loss) carried forward14 | €79 | €107 | €-11k | €-34k | €-12k | ▲ 66.3% |
| Amounts payable17/49 | €81k | €84k | €54k | €76k | €61k | ▼ 20.4% |
| Amounts payable within one year42/48 | €40k | €43k | €12k | €30k | €14k | ▼ 54.4% |
| Trade debts44 | €8k | €2k | €1k | €2k | €8k | ▲ 279% |
| Suppliers440/4 | - | €2k | €1k | €2k | €8k | ▲ 279% |
| Advances received on contracts in progress46 | - | €3k | - | - | - | - |
| Taxes, remuneration and social security45 | - | €7k | €7k | €27k | €6k | ▼ 78.6% |
| Taxes450/3 | - | €3k | €3k | €23k | €2k | ▼ 91.6% |
| Remuneration and social security454/9 | - | €4k | €4k | €4k | €4k | ▼ 8.3% |
| Other amounts payable47/48 | - | €30k | €4k | €1k | €62 | ▼ 94.1% |
| Accrued charges and deferred income492/3 | - | €42k | €42k | €46k | €47k | ▲ 1.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38k | €51k | €-11k | €-24k | €23k | ▲ 196% |
| + Depreciation and write-downs630 | €5k | €966 | €1k | €1k | €723 | ▼ 48.8% |
| Operating cash flow (approximation) | €43k | €52k | €-9k | €-22k | €23k | ▲ 206% |
| Investment in fixed assets (approximation) | - | €-1k | €-980 | €0 | €0 | - |
| Change in cash | - | €-18k | €30k | €-3k | €-13k | ▼ 345% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €23k
Net result €23k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 6.41
Current ratio from 2.67 to 6.41; short-term debt falls from €30k to €14k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 6.56
Current ratio from 3.25 to 6.56; short-term debt falls from €43k to €12k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €51k ▲33.4%
Operating result €66k, net result €51k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Liquidity quadruplescurrent ratio 7.24
Current ratio from 1.64 to 7.24; short-term debt falls from €90k to €9k.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Kontich · 1 establishment unit since 1986
Ground area
2,412 m²
Building footprint
364 m²
Volume, LiDAR
2,704 m³
Parcel 11602E0061/00E002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Neerveld 10, 2550 Kontich
since 19862.028.784.692
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602E0061/00E002 | Flanders | 2,412 m² | 1 · 364 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 34,283 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-02-1986
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.