LEA VERWARMING

Active

Private limited companyfounded 20205 yrs activeBergensesteenweg 24, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0755.598.821

The computed 12-month bankruptcy probability of LEA VERWARMING is 2.3% (moderate). The 2024 annual accounts show equity of €103k and a net result of €31k. Equity is growing by ~36.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 36378 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

59 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability89▼-11

Solvency79▼-21

Growth52▼-26

Track record94

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €6k at 30 days only on tighter terms

Liquidity ample (current ratio 2.3 against 4.4 in 2023; short-term debt: 39.5% and cash: 2.5% of total assets), and 46.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-11-2025, 99 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

99 d late

2023

92 d late

2022

81 d late

2021

262 d late

2020

31 d late

← before the deadline after the deadline →

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 2024, micro schema

Equity

€103k▲ 42.0%

2023 · €73k

2020: €34k 2021: €17k 2022: €22k 2023: €73k

2020 → 2024

Total assets

€193k▲ 105%

2023 · €94k

2020: €46k 2021: €84k 2022: €39k 2023: €94k

2020 → 2024

Net result

€31k▼ 15.3%

2023 · €36k

2020: €32k 2021: €-17k 2022: €19k 2023: €36k

2020 → 2024

Working capital

€99k▲ 35.4%

2023 · €73k

2020: €34k 2021: €17k 2022: €22k 2023: €73k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€34k-€17k▼ 50.1%€22k▲ 26.1%€73k▲ 236%€103k▲ 42.0%

Operating result€39k-€-11k€20k€55k▲ 180%€45k▼ 18.1%

Net result€32k-€-17k€19k€36k▲ 85.5%€31k▼ 15.3%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 18% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €193k

90.6%

Fixed assets €18k

Current assets €175k

Equity and liabilities €193k

53.6%

46.4%

Equity €103k▲ 42.0%

Debt €89k▲ 318%

The debt ratio rises from 22.7% to 46.4%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€48k

Cash flow

€34k

Solvency

53.6%▼

2023 · 77.3%

Current ratio

2.30▼

2023 · 4.40

Quick ratio

2.30▼

2023 · 4.40

Debt / equity

0.86▲

2023 · 0.29

ROE

29.6%▼

2023 · 49.6%

ROA

15.9%▼

2023 · 38.4%

Interest coverage

28.96

Debt

€89k▲

2023 · €21k

Debt ≤ 1 year

€76k▲

2023 · €21k

Debt > 1 year

€13k

Income taxes

€15k▼

2023 · €20k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€94k€193k▲

Fixed assets21/28-€18k

Tangible fixed assets22/27-€18k

Leasing and similar rights25-€18k

Current assets29/58€94k€175k▲

Amounts receivable after more than one year29-€130k

Other amounts receivable291-€130k

Amounts receivable within one year40/41€94k€40k▼

Trade receivables40€23k€32k▲

Other amounts receivable41€71k€8k▼

Cash at bank and in hand54/58-€5k

Equity and liabilities

Total equity and liabilities10/49€94k€193k▲

Equity10/15€73k€103k▲

Contributions10/11€2k€2k=

Profit (loss) carried forward14€71k€101k▲

Amounts payable17/49€21k€89k▲

Amounts payable after more than one year17-€13k

Financial debts170/4-€13k

Amounts payable within one year42/48€21k€76k▲

Current portion of amounts payable after more than one year42-€4k

Trade debts44€2k€11k▲

Suppliers440/4€2k€11k▲

Advances received on contracts in progress46-€27k

Taxes, remuneration and social security45€20k€34k▲

Taxes450/3€20k€34k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4k

Other operating charges640/8€836€823▼

Gross operating margin9900€55k€49k▼

Operating profit (loss)9901€55k€45k▼

Financial income75/76B€2k€2k▲

Recurring financial income75€2k€2k▲

Financial charges65/66B€720€2k▲

Recurring financial charges65€720€2k▲

Profit (loss) for the period before taxes9903€56k€45k▼

Income taxes67/77€20k€15k▼

Profit (loss) for the period9904€36k€31k▼

Profit (loss) for the period to be appropriated9905€36k€31k▼

Appropriation of the result

Profit (loss) to be appropriated9906€71k€101k▲

Profit (loss) brought forward from the previous period14P€35k€71k▲

The notes to these accounts (6 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

All 9Financial 4Filings 5

2025

07-11

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 99 days late

2024

31-12

Financial Equity above €100kEq €103k ▲42%

3 profitable years in a row build equity to €103k.

31-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 92 days late

2023

31-12

Financial Highest result since 2020net €36k ▲85.5%

Operating result €55k, net result €36k, both a record.

20-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 81 days late

19-04

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 262 days late

2022

31-12

Financial Back to profitnet €19k

Net result €19k after one loss-making year.

2021

31-12

Financial Weakest financial yearnet €-17k ▼153%

Net result drops to €-17k, the lowest in the series; recovery starts the following year.

31-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 31 days late

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, Sint-Pieters-Leeuw · 1 establishment unit since 2020

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.

Bergensesteenweg 241600 Sint-Pieters-Leeuw

Ground area

1,965 m²

Building footprint

487 m²

Volume, LiDAR

3,212 m³

2 parcels, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

LEA VERWARMING

Muzelaan 6, 1700 DilbeekCivil engineering

since 20202.309.921.376

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23077A0118/00W082	Flanders	1,638 m²	1 · 398 m²	9.5 m · 3 fl.
23016B0319/00E000	Flanders	327 m²	1 · 90 m²	0.0 m

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels 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

Bilzen-Hoeselt · Eq €103k

KAREL TECHNICS

BE 0800.604.148

Rijkevorsel · Eq €104k

ASKO Build

BE 0715.999.461

Ieper · Eq €103k

Of 7,039 companies in sector 43221 we hold annual accounts for 3,469. 3,055 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded02-10-2020

Fiscal year end31-12

Activities, NACEBEL

43221Plumbing work

43222Installation of electric heating, air conditioning, cooling and ventilation

47252Retail sale of beverages, general range

47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels

47990Retail trade

70200Business and other management consultancy

70220Business consulting

93299Other amusement and recreation activities

Sources

Crossroads Bank for EnterprisesNational Bank · 5 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.