Equity
-€3,650
Debts exceed assets in financial year 2025.
LEAF IMMO
Overview
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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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
- -€1,448▲ 89.4%
- €2,657▼ 81.2%
- -€3,650▼ 267%
- €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.
Financials
Annual accounts 2025
micro format, filed on 10-06-2026, 51 days before the deadline-€1,448
▲ €12,184
-€1,910
▲ €12,081
-€2,657
▲ €11,490
-€3,673
▼ €2,320
-56.8%
▼ 51.6 percentage points
0.64
▼ 0.30
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €6,431 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-56.8%
Lower than 95% of 9,462 companies in 2025.
0.64
Higher than 10% of 9,210 companies in 2025.
-41.3%
Lower than 95% of 9,282 companies in 2025.
LEAF IMMO
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
6,431 | 19,162 | 246,720 | 179,482 | 5,313 | |
20 |
22 | 359 | 717 | 1,076 | 1,434 | |
21/28 |
- | - | - | 176,990 | - | |
22/27 |
- | - | - | 176,990 | - | |
22 |
- | - | - | 176,990 | - | |
29/58 |
6,408 | 18,803 | 246,002 | 1,416 | 3,879 | |
40/41 |
6,391 | 18,791 | 236,925 | 1,268 | 3,577 | |
40 |
388 | 13,792 | 186,654 | 507 | 3,577 | |
41 |
6,003 | 4,998 | 50,271 | 761 | - | |
54/58 |
17 | 13 | 9,078 | 148 | 303 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
6,431 | 19,162 | 246,720 | 179,482 | 5,313 | |
10/15 |
-3,650 | -994 | 13,153 | -999 | 1,146 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
14 |
-6,650 | -3,994 | 10,153 | -3,999 | -1,854 | |
17/49 |
10,081 | 20,156 | 233,566 | 180,481 | 4,167 | |
42/48 |
10,081 | 20,156 | 233,566 | 180,481 | 4,167 | |
44 |
336 | 13,038 | 188,561 | 11,500 | 3,134 | |
440/4 |
336 | 13,038 | 188,561 | 11,500 | 3,134 | |
46 |
- | - | - | 35 | - | |
45 |
- | 3,384 | 3,384 | - | - | |
450/3 |
- | 3,384 | 3,384 | - | - | |
47/48 |
9,745 | 3,734 | 41,621 | 168,945 | 1,033 | |
| Income statement | ||||||
9900 |
-1,448 | -13,632 | 18,852 | -1,531 | -1,496 | |
630 |
337 | 358 | 358 | 358 | 358 | |
640/8 |
125 | - | 13 | - | - | |
9901 |
-1,910 | -13,991 | 18,481 | -1,890 | -1,854 | |
65/66B |
747 | 156 | 944 | 256 | - | |
65 |
747 | 156 | 944 | 256 | - | |
9903 |
-2,657 | -14,147 | 17,537 | -2,146 | -1,854 | |
67/77 |
- | - | 3,384 | - | - | |
9904 |
-2,657 | -14,147 | 14,152 | -2,146 | -1,854 | |
9905 |
-2,657 | -14,147 | 14,152 | -2,146 | -1,854 | |
| Appropriation of the result | ||||||
9906 |
-6,650 | -3,994 | 10,153 | -3,999 | -1,854 | |
14P |
-3,994 | 10,153 | -3,999 | -1,854 | - | |
| Document | ||||||
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 10-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 10-06-2026 | 2026-00150672 | |
| 31-12-2024 | micro format | 03-09-2025 | 2025-00483298 | |
| 31-12-2023 | micro format | 08-01-2025 | 2025-00003145 | |
| 31-12-2022 | micro format | 30-11-2023 | 2023-00522696 | |
| 31-12-2021 | micro format | 04-05-2023 | 2023-00084603 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| -1,573 | -13,632 | 18,839 | -1,531 | -1,496 | ||
| -2,320 | -13,788 | 14,511 | -1,787 | -1,496 | ||
| 0 | 0 | 189,601 | 176,990 | - | ||
| 4 | -9,065 | 8,930 | -154 | - | ||
| -3,673 | -1,352 | 12,436 | -179,065 | -287 | ||
| -56.8% | -5.2% | 5.3% | -0.6% | 21.6% | ||
| 0.64 | 0.93 | 1.05 | 0.01 | 0.93 | ||
| - | - | 17.76 | - | 3.63 | ||
| - | - | 107.6% | - | -161.7% | ||
| -41.3% | -73.8% | 5.7% | -1.2% | -34.9% | ||
| -2.11 | -87.34 | 19.96 | -5.99 | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €189,601 | €176,990 | - |
| €337 | €358 | €358 | €358 | €358 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on LEAF IMMO
The operating result for 2025 is a loss of €1,910, smaller than the loss of €13,991 in 2024.
Equity is negative. Debt (€10,081) exceeds the balance-sheet total (€6,431).
Board & ownership
Board
2 directors, since incorporationDirector
appointed by deed of 26-11-2020
term without a fixed end
Mandates through the years
2 names, the dashed line is todayFLEMAL Grégory Dave Daniel
Director
Director
Board
Mandates as a list
- FLEMAL Grégory Dave Daniel
- Director, appointed by deed of 26-11-2020, still in office
- GEENINCKX Sébastien Martin Thierry
- Director, appointed by deed of 26-11-2020, still in office
Control
This company
LEAF IMMO
Equity -€3,650
Loss €2,657 in 2025
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- -€36.50 in 2025
- Source
- deed of 26-11-2020
Articles of association
deed of 26-11-2020 (in French)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“A moins que l'assemblée générale n’en décide autrement lors de leur nomination, les administrateurs sont rémunérés pour l’exercice de leur…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of April at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “État résumant la situation active et passive arrêté à une date ne remontant pas à plus de trois mois, indique s'il reflète complètement…”
Shareholders
At incorporation
deed of 26-11-2020 ↗
- FLEMAL Grégory Dave Daniel 50 shares (50%) · €1,500
- GEENINCKX Sébastien Martin Thierry 50 shares (50%) · €1,500
Network & group
No group
LEAF IMMO has no parent and no holdings in its annual accounts. LEAF IMMO shares no director with another company.
At the same address
Rue des Papeteries 60, 1325 Chaumont-Gistoux · 1 other company| G.B.F. Invest
registered office since 22-02-2008 · founded in 2008 · negative equity (2025) |
total assets €29,293 (2025) 0895.938.322 |
Timeline
Timeline
10 events since 2020Filings
Financial
Establishments
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 51 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 34 days late
Annual accounts 2023 filed PDFmicro format · 161 days late
2024
Weakest financial year net -€14,147 The net result drops to -€14,147, the lowest from 2021 to 2025. It recovers the following year.
2023
Back to profit net €14,152 The net result is €14,152, after 2 loss-making years.
Liquidity more than 134 times current ratio 1.05 The current ratio rises from 0.01 to 1.05.
Annual accounts 2022 filed PDFmicro format · 122 days late
Annual accounts 2021 filed PDFmicro format · 277 days late
2020
IncorporationFounding 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 26-11-20205 points ▸
- Founder, FLEMAL Grégory Dave Daniel
- Founder, GEENINCKX Sébastien Martin Thierry
- Founding capital, €3,000, 100 shares
- Director appointment, FLEMAL Grégory Dave Daniel
- Director appointment, GEENINCKX Sébastien Martin Thierry
- The deed holds 6 more points.
First establishment Rue des Papeteries 60, Chaumont-Gistoux
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0758.716.083
- VAT number
- BE 0758.716.083
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 24-11-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of April at 20:00deed of 26-11-2020 (in French)
- Peppol
- Not found in the Peppol Directory
- Name
- LEAF IMMO in French
- Entity type
- Legal entity
Activities
NACEBEL 202541001
General construction of residential buildings main activity
43310
Plastering work
43410
Roofing work
Codes under NACEBEL 2008
41201
General construction of buildings main activity
43211
Specialised construction activities
43310
Plastering work
43910
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’entreprise générale du bâtiment,maçonnerie,électricité,plomberie,zinguerie,menuiserie,peinture,toiture,chauffage,sanitaire,carrelage et…”deed of 26-11-2020 (in French)
12 activities
- L’entreprise générale du bâtiment,maçonnerie,électricité,plomberie,zinguerie,menuiserie,peinture,toiture,chauffage,sanitaire,carrelage et autres accessoires utiles à la construction,plafonnage
- Vente en gros et détails de tous produits liés à la construction de manière générale,tels que matériaux de construction,matériel électrique et électronique,sanitaire et plomberie,etcétéra,cette énumération étant exemplative et nullement limitative
- L’exercice de tous mandats (notamment de gestion,d’administration ou de contrôle) dans toutes sociétés,entreprises ou associations
- Faire toutes opérations mobilières,immobilières et financières,commerciales et industrielles se rapportant directement ou indirectement à son objet ou de nature à le favoriser,seule ou en participation,par elle-même ou par des tiers,pour elle-même ou pour compte de tiers
- Réaliser son objet tant en Belgique qu'à l'étranger de toutes les manières et suivant les modalités qui lui paraîtront les mieux appropriées
- Accomplir toutes opérations généralement quelconques,commerciales,industrielles,financières,mobilières ou immobilières,se rapportant directement ou indirectement à son objet
- S'intéresser par toutes voies,dans toutes affaires,entreprises ou sociétés ayant un objet identique,analogue ou connexe ou qui sont de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou à faciliter l'écoulement de ses produits
- La constitution et la valorisation d’un patrimoine mobilier dans le sens le plus large
- La constitution,la gestion et la valorisation d’un patrimoine immobilier,tant en immeubles qu’en droits réels,droits immobiliers,notamment l’achat,la mise en valeur,le lotissement,l’échange,l’amélioration,la location meublée ou non tant en qualité de bailleur que de locataire,le leasing,la vente,la cession,la revente,le courtage,la promotion,l’expertise,la transformation,la rénovation,la construction et la destruction de biens immobiliers situés tant en Belgique qu’à l’étranger
- Accomplir toutes opérations immobilières,mobilières,industrielles,commerciales,civiles et financières se rattachant directement ou indirectement à son objet ou à tout autre objet similaire,connexe ou susceptible d’en favoriser l’extension et le développement
- Faire toute exploitation,soit par elle-même,soit par tout autre mode,sans aucune exception,créer toutes sociétés,associations,entreprises,groupements de personnes ayant ou non la personnalité morale de nationalité belge ou étrangère,faire apport à des sociétés existantes de nationalité belge ou étrangère,fusionner,ou s’allier avec elles,prendre des participations directes ou indirectes,souscrire,acheter ou revendre tous titres ou droits sociaux,prendre toutes commandites et faire tous prêts,crédits et avances
- Être administrateur,gérant ou liquidateur d’autres sociétés
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue des Papeteries 60 registered office 1325 Chaumont-Gistoux 4100101 General construction of residential buildings | 24-11-2020 | 2.311.176.438 |
Buildings and parcels at the address
- Ground area
- 3,687 m²
- Buildings
- 131 m²
- Volume, LiDAR
- 899 m³
- Tallest building
- 9.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25018B0171/00E000 | 3,687 m² | 1 · 131 m² | 9.4 m · 2 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0758.716.083