LEAD2GROW
ActiveSummary
LEAD2GROW has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €186,708 and a net result of €8,316. Equity has been growing by about 32% per year since 2019. Its solvency ranks better than 82% of 39,293 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-03-2019 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.286.618.216 3550 Heusden-Zolder, since 18-03-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €71,614
- ▼ 45.8%
- Turnover
- ≈ €150,000
- estimated
- Profit
- €8,316
- ▼ 90.8%
- Equity
- €186,708
- ▲ 4.7%
- Total assets
- €221,836
- ▲ 3.6%
Score breakdownlowers riskLiquidity: current ratio 5.91, cash €159,281Sector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €221,836Equity €186,708 (84.2% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 (NACE 70, micro). It does better than 86% of them on solvency, 91% on liquidity, 37% on profitability and 50% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 44 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 12-06-2026 at the NBB all 7 filings
Every figure per financial year
The operating result for 2025 is 59% lower than in 2024.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,500 | €1,497 | €2,711 | €20,585 |
| Financial fixed assets | - | - | €15,000 | €25 | - |
| Depreciation and write-downs of the year | - | €1 | €653 | €1,594 | €2,843 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2025 · 1 entry · €1,275 awarded · €743 paid| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €64,921 | €89,125 | - | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | - | €585 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €1 | €653 | €1,594 | €2,843 | ▲ 78.3% |
| Other operating charges640/8 | - | - | €117 | €505 | €757 | €676 | €527 | ▼ 22.0% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €15,165 | - |
| Gross operating margin9900 | €12,275 | €23,486 | €37,995 | €31,360 | €19,181 | €132,115 | €71,614 | ▼ 45.8% |
| Operating profit (loss)9901 | €11,965 | €23,317 | €37,878 | €30,854 | €17,772 | €129,260 | €53,079 | ▼ 58.9% |
| Financial income75/76B | - | - | €0 | €9 | €3 | €0 | €7 | - |
| Recurring financial income75 | - | - | €0 | €9 | €3 | €0 | €7 | - |
| Financial charges65/66B | - | - | €1,245 | €1,158 | €1,219 | €1,543 | €41,237 | ▲ 27× |
| Recurring financial charges65 | €417 | €1,507 | €1,245 | €1,158 | €1,219 | €1,543 | €1,237 | ▼ 19.8% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €40,000 | - |
| Profit (loss) for the period before taxes9903 | €11,549 | €21,809 | €36,633 | €29,705 | €16,556 | €127,717 | €11,849 | ▼ 90.7% |
| Income taxes67/77 | €4,771 | €6,028 | €11,866 | €6,587 | €5,144 | €37,381 | €3,532 | ▼ 90.6% |
| Profit (loss) for the period9904 | €6,777 | €15,781 | €24,768 | €23,118 | €11,411 | €90,336 | €8,316 | ▼ 90.8% |
| Profit (loss) for the period to be appropriated9905 | €6,777 | €15,781 | €24,768 | €23,118 | €11,411 | €90,336 | €8,316 | ▼ 90.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €35,764 | €73,657 | €88,268 | €101,750 | €114,561 | €214,036 | €221,836 | ▲ 3.6% |
| Fixed assets21/28 | €20,150 | €25,000 | €25,000 | €26,499 | €42,344 | €43,486 | €21,228 | ▼ 51.2% |
| Tangible fixed assets22/27 | - | - | - | €1,499 | €2,344 | €3,461 | €21,203 | ▲ 513% |
| Land and buildings22 | - | - | - | - | - | - | €18,458 | - |
| Plant, machinery and equipment23 | - | - | - | - | €1,345 | €846 | €346 | ▼ 59.0% |
| Furniture and vehicles24 | - | - | - | €1,499 | €999 | €2,615 | €2,399 | ▼ 8.3% |
| Financial fixed assets28 | €20,150 | €25,000 | €25,000 | €25,000 | €40,000 | €40,025 | €25 | ▼ 99.9% |
| Current assets29/58 | €15,614 | €48,657 | €63,268 | €75,250 | €72,217 | €170,551 | €200,608 | ▲ 17.6% |
| Amounts receivable after more than one year29 | - | - | €45,165 | €15,165 | €15,165 | €15,165 | €0 | ▼ 100% |
| Trade receivables290 | - | - | €45,165 | €15,165 | €15,165 | €15,165 | €0 | ▼ 100% |
| Stocks and contracts in progress3 | - | - | - | - | €1,070 | €4,953 | €4,913 | ▼ 0.8% |
| Stocks30/36 | - | - | - | - | €1,070 | €4,953 | €4,913 | ▼ 0.8% |
| Amounts receivable within one year40/41 | €10,056 | €11,011 | - | €30,012 | €2,944 | €8,044 | €29,080 | ▲ 262% |
| Trade receivables40 | - | - | - | - | €105 | €8,004 | €12,762 | ▲ 59.4% |
| Other amounts receivable41 | - | - | - | €30,012 | €2,839 | €40 | €16,318 | ▲ 408× |
| Current investments50/53 | - | - | - | - | - | - | €5,000 | - |
| Cash at bank and in hand54/58 | €4,654 | €29,543 | €16,245 | €28,748 | €51,691 | €118,814 | €159,281 | ▲ 34.1% |
| Deferred charges and accrued income490/1 | - | - | €1,859 | €1,325 | €1,348 | €23,575 | €2,334 | ▼ 90.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €35,764 | €73,657 | €88,268 | €101,750 | €114,561 | €214,036 | €221,836 | ▲ 3.6% |
| Equity10/15 | €12,977 | €28,759 | €53,526 | €76,644 | €88,056 | €178,392 | €186,708 | ▲ 4.7% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €6,777 | €22,559 | €47,326 | €70,444 | €81,856 | €172,192 | €180,508 | ▲ 4.8% |
| Distributable reserves133 | - | - | €47,326 | €70,444 | €81,856 | €172,192 | €180,508 | ▲ 4.8% |
| Amounts payable17/49 | €22,787 | €44,898 | €34,742 | €25,105 | €26,505 | €35,645 | €35,128 | ▼ 1.4% |
| Amounts payable within one year42/48 | €21,990 | €44,437 | €33,405 | €24,532 | €25,401 | €34,394 | €33,936 | ▼ 1.3% |
| Trade debts44 | €2,094 | €8,417 | €857 | €1,701 | €3,938 | €3,419 | €1,956 | ▼ 42.8% |
| Suppliers440/4 | - | - | €857 | €1,701 | €3,938 | €3,419 | €1,956 | ▼ 42.8% |
| Taxes, remuneration and social security45 | - | - | €19,918 | €8,026 | €5,632 | €14,870 | €15,160 | ▲ 1.9% |
| Taxes450/3 | - | - | €13,135 | €5,717 | €5,632 | €14,870 | €14,860 | ▼ 0.1% |
| Remuneration and social security454/9 | - | - | €6,783 | €2,310 | €0 | - | €300 | - |
| Other amounts payable47/48 | - | - | €12,629 | €14,804 | €15,831 | €16,105 | €16,820 | ▲ 4.4% |
| Accrued charges and deferred income492/3 | - | - | €1,337 | €573 | €1,104 | €1,251 | €1,193 | ▼ 4.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,777 | €15,781 | €24,768 | €23,118 | €11,411 | €90,336 | €8,316 | ▼ 90.8% |
| + Depreciation and write-downs630 | - | - | - | €1 | €653 | €1,594 | €2,843 | ▲ 78.3% |
| Operating cash flow (approximation) | €6,777 | €15,781 | €24,768 | €23,119 | €12,064 | €91,930 | €11,159 | ▼ 87.9% |
| Investment in fixed assets (approximation) | - | -€4,850 | €0 | -€1,500 | -€16,497 | -€2,736 | €19,415 | - |
| Change in cash | - | €24,889 | -€13,299 | €12,504 | €22,942 | €67,123 | €40,468 | ▼ 39.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 5,047 companies had the same profile as LEAD2GROW has now. Two years later, 93.9% were still going and 2.2% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LEAD2GROW itself is lower: < 0.1% within 12 months. It rests on far more data about LEAD2GROW than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,047 companies, not a prediction for LEAD2GROW. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 12-06-2026 | 2026-00159368 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00215840 | |
| 31-12-2023 | micro format | 11-06-2024 | 2024-00120871 | |
| 31-12-2022 | micro format | 04-07-2023 | 2023-00202885 | |
| 31-12-2021 | micro format | 10-06-2022 | 2022-20057709 | |
| 31-12-2020 | micro format | 18-06-2021 | 2021-22800219 | |
| 31-12-2019 | micro format | 08-06-2020 | 2020-16200167 |
Board & ownership
Directors
Other functions 1
Owners and capital
Capital transactions
- 31-01-2024 Capital stated in the deed · 100 shares
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid verworven aandelen, prijs in oorspronkelijke bekendmaking”
Articles of association, deed of 31-01-2024 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2024Equity -€245,088 Loss of €112,226 in 2024 (loss of €315,052 in 2023) Checked score 2424.92%
Companies at the same address
1 other companyConnections & network
1 office holderThe network starts from the directors of LEAD2GROW. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
31-01
Gazette deed
Appointment: Elke Struys (niet statutairebestuurder)Capital · Registered office clause · Power of attorney18 points ▸
- Capital
- Other provision, “ontslag, allehuidigezaakvoerder” (deed in Dutch)
- Director appointment, Elke Struys (niet statutairebestuurder)
- Registered office clause, “3550Heusden-Zolder,Narcissenlaan3” (deed in Dutch)
- Power of attorney, mentioned 2 times in the deed
- Power of attorney, Bernard SNYERS
- General meeting, 06-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Other provision, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “artikel 39,§2,tweede lid,wet van 2019-03-23” (deed in Dutch)
- Reserve release, “statutair onbeschikbare eigen vermogensrekening, opheffing en beschikbaar maken voor uitkering” (deed in Dutch)
- Other provision, “Derde besluit kennisname uitkeringstesten, kennisname netto-actieftest en liquiditeitstest” (deed in Dutch)
- The act holds 6 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
11 activities
- Verschaffen van logies voor kortstondig verblijf in vakantiehuisjes en appartementen
- Overige accommodatie voor kortstondig verblijf,n.e.g.
- Verschaffen van logies voor kortstondig verblijf al dan niet in combinatie met het verschaffen van maaltijden
- Overig adviesbureaus op het gebied van bedrijfsbeheer,adviesbureau op het gebied van bedrijfsvoering
- Het verlenen van diensten inzake management,bijstand en advies,en het geven van vorming,voornamelijk doch niet uitsluitend op vlak van productie,administratie,ontwikkeling en marketing,dit alles in de meest brede betekenis
- Het online handelen
- Het waarnemen van directie- en bestuursmandaten,inclusief het vereffenen van vennootschappen
- Het houden van aandelen in andere vennootschappen en het houden van lidmaatschapsrechten in de meest diverse organisaties
- Het beheren/aankopen/verkopen van eigen onroerende goederen in de meest brede zin
- Het verhandelen van roerend goederen,zowel het importeren als het exporteren,zowel de groot- als de kleinhandel;dit in de meest brede zin
- Het verkrijgen,behouden,beheren en uitbreiden van een vermogen,hoofdzakelijk bestaande uit roerende en onroerende goederen zowel voor eigen als voor rekening van derde
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71462C0067/00L018 | Flanders | 1,793 m² | 1 · 187 m² | 11.3 m · 2 |