Equity
-€3,650
Debts exceed assets in financial year 2025.
LEAF IMMO
Lifetime
5 annual accounts with figures on one time axispeak €18,852 (2023)
-€1,448▲ €12,184
lowest -€14,147 (2024)
-€2,657▲ €11,490
peak €13,153 (2023)
-€3,650▼ €2,657
€10,081▼ 50.0%
Board2 names since 2020
2 directorsFLEMAL Grégory Dave Daniel and 1 other
Documentsfilings and deeds
10-06-202651 days before the deadline
2025micro format
Gross margin from -€13,632 to -€1,448Loss of €2,657Equity from -€994 to -€3,650Debts from €20,156 to €10,081Cash from €13 to €17
Key points
from the 2025 annual accountsLosses
-€16,804 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€10,081 157% of the balance sheet
Filings
5 annual accounts 4 late
The 2021 accounts came latest: 277 days after the end of the period.
Starting capital
€3,000 100 shares
Position in the sector
-56.8%
Lower solvency than 95% of companies in construction of buildings. Sector median 42.9% · 9,462 companies.
Turnover not published (micro format)
Checked score
34
Weak
Financially stronger than 3% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 10.3%
01-2025: 12.4%▲ +2.1 percentage points vs 12-2024highest value
02-2025: 9.9%▼ -2.5 percentage points vs 01-2025
03-2025: 9.9%● unchanged vs 02-2025
04-2025: 9.9%● unchanged vs 03-2025
05-2025: 10.2%▲ +0.3 percentage points vs 04-2025
06-2025: 9.9%▼ -0.3 percentage points vs 05-2025
07-2025: 9.8%▼ -0.1 percentage points vs 06-2025
08-2025: 10.2%▲ +0.4 percentage points vs 07-2025
09-2025: 10.4%▲ +0.2 percentage points vs 08-2025
10-2025: 7.0%▼ -3.4 percentage points vs 09-2025
11-2025: 7.0%● unchanged vs 10-2025
12-2025: 7.2%▲ +0.2 percentage points vs 11-2025
01-2026: 7.2%● unchanged vs 12-2025
02-2026: 7.3%▲ +0.1 percentage points vs 01-2026
03-2026: 7.1%▼ -0.2 percentage points vs 02-2026
04-2026: 7.0%▼ -0.1 percentage points vs 03-2026
05-2026: 7.1%▲ +0.1 percentage points vs 04-2026
06-2026: 7.0%▼ -0.1 percentage points vs 05-2026
07-2026: 5.0%▼ -2.0 percentage points vs 06-2026lowest value
08-2026: 5.0%● unchanged vs 07-2026lowest value
09-2026: 5.0%● unchanged vs 08-2026lowest value
10-2026: 5.1%▲ +0.1 percentage points vs 09-2026
11-2026: 5.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
2 of the last 3 accounts late
Founded in 2020
lowers risk
Size: total assets €6,431
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 41, micro). It does better than 3% of them on solvency, 2% on liquidity, 5% on profitability and 2% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as LEAF IMMO has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LEAF IMMO itself: 5.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 6,008 companies, not a prediction for LEAF IMMO. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.64 (0.93 in 2024), below 1. Short-term debt is 156.8% and cash 0.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€3,650
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 10-06-2026, 51 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
51 days early
2024
34 days late
2023
161 days late
2022
122 days late
2021
277 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 109 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 November (4 of the last 5 accounts filed within 155 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- FLEMAL Grégory Dave Daniel 50 sharesdeed of 26-11-2020
- GEENINCKX Sébastien Martin Thierry 50 sharesdeed of 26-11-2020
Recent changes
Incorporation
Founding capital of €3,000, 100 shares · Founders: FLEMAL Grégory Dave Daniel and GEENINCKX Sébastien Martin Thierry · Appointments: FLEMAL Grégory Dave Daniel (director) and GEENINCKX Sébastien Martin Thierry (director) · published on 26-11-2020 · Gazette deed
First establishment
Rue des Papeteries 60, Chaumont-Gistoux
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LEAF IMMO Chaumont-Gistoux | €6,431 | -€1,448 | -56.8% | - |
| Tadek Entreprise Générale de Bâtiment Rixensart | €6,604 | €370 | 80.2% | - |
| Algemene Karweiwerken SVDB Keerbergen | €7,073 | -€3,325 | -155.9% | - |
| DK IMECO Ghent | €6,035 | -€16,842 | -526.9% | - |
| TiNo Erpe-Mere | €7,452 | -€2,971 | 28.0% | - |
| Iwens Aarschot | €8,011 | -€5,494 | -1176.3% | - |
| Prestige Construction Andenne | €5,607 | -€23,626 | -1115.8% | - |
These companies have the same main activity as LEAF IMMO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €5,610 and €8,010, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 24-11-2020Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.311.176.4381325 Chaumont-Gistoux, since 24-11-2020
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €6,431▼ 66.4%
- Filing
- Filed on 10-06-2026, 51 days before the end of the filing period
Insights on LEAF IMMO
LEAF IMMO files the micro format. That format states no turnover. The gross margin rose from -€1,496 in 2021 to -€1,448 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LEAF IMMO
- What is the company number of LEAF IMMO?
- The company number of LEAF IMMO is 0758.716.083. The VAT number is the same number with BE in front: BE 0758.716.083.
- Where is LEAF IMMO based?
- The registered office is at Rue des Papeteries 60, 1325 Chaumont-Gistoux.Company details
- What does LEAF IMMO do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of LEAF IMMO?
- LEAF IMMO is a private limited company (BV).
- When was LEAF IMMO founded?
- LEAF IMMO was founded on 24-11-2020.
- Is LEAF IMMO still active?
- Yes, LEAF IMMO is an active enterprise in the KBO register.
- What is the turnover of LEAF IMMO?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is LEAF IMMO profitable?
- In financial year 2025, LEAF IMMO made a loss of €2,657.
- Where can I find the annual accounts of LEAF IMMO?
- LEAF IMMO filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LEAF IMMO due?
- LEAF IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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