Leap Forward
ActiveLeap Forward has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €594k and a net result of €241k. Equity is growing by ~24.5% per year across the filed fiscal years. Its solvency ranks better than 35% of 1416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-1
Solvency45▲+4
Growth80▲+3
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.78 in 2024; short-term debt: 79.7% and cash: 0.3% of total assets), and 79.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.3%
Return on assets
8.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
41 d late
2024
43 d late
2023
28 d late
2022
31 d late
2021
46 d late
2020
3 d late
2019
3 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€6.02M▲ 37.4%
2024 · €4.38M
2018: €2.16M
2019: €2.72M
2020: €1.94M
2021: €3.45M
2022: €4.22M
2023: €5.80M
2024: €4.38M
2018 → 2025
EBIT margin
4.8%▼ 1.1pp
2024 · 5.9%
2018: 3.4%
2019: 6.4%
2020: 18.6%
2021: 11.1%
2022: 6.7%
2023: 5.5%
2024: 5.9%
2018 → 2025
Net result
€241k▲ 5.2%
2024 · €229k
2018: €28k
2019: €140k
2020: €332k
2021: €293k
2022: €307k
2023: €258k
2024: €229k
2018 → 2025
Working capital
€-601k▲ 9.5%
2024 · €-664k
2018: €-212k
2019: €-378k
2020: €-296k
2021: €-91k
2022: €-15k
2023: €-34k
2024: €-664k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.45M-€4.22M▲ 22.1%€5.80M▲ 37.6%€4.38M▼ 24.5%€6.02M▲ 37.4%
Equity€283k-€398k▲ 40.8%€504k▲ 26.8%€552k▲ 9.4%€594k▲ 7.6%
Operating result€383k-€284k▼ 25.8%€317k▲ 11.5%€258k▼ 18.6%€287k▲ 11.2%
Net result€293k-€307k▲ 5.0%€258k▼ 15.9%€229k▼ 11.3%€241k▲ 5.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.93M
Fixed assets
€1.19M▼ 1.7%
Current assets
€1.74M▼ 25.3%
Equity and liabilities €2.93M
Equity
€594k▲ 7.6%
Provisions
€417
Debt
€2.34M▼ 21.8%
The debt ratio falls from 84.4% to 79.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€318k▲
2024 · €293k
Cash flow
€273k▲
2024 · €265k
Solvency
20.3%▲
2024 · 15.6%
Current ratio
0.74▼
2024 · 0.78
Quick ratio
0.67▼
2024 · 0.71
Debt / equity
3.93▼
2024 · 5.42
ROE
40.6%▼
2024 · 41.6%
ROA
8.2%▲
2024 · 6.5%
Interest coverage
16.96▼
2024 · 33.79
Debt
€2.34M▼
2024 · €2.99M
Debt ≤ 1 year
€2.34M▼
2024 · €2.99M
Income taxes
€28k▲
2024 · €25k
Staff costs
€714k▲
2024 · €689k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.54M€2.93M▼
Fixed assets21/28€1.22M€1.19M▼
Tangible fixed assets22/27€85k€64k▼
Plant, machinery and equipment23€17k€12k▼
Furniture and vehicles24€9k€11k▲
Other tangible fixed assets26€59k€41k▼
Financial fixed assets28€1.13M€1.13M=
Current assets29/58€2.32M€1.74M▼
Stocks and contracts in progress3€201k€171k▼
Contracts in progress37€201k€171k▼
Amounts receivable within one year40/41€2.06M€1.48M▼
Trade receivables40€1.52M€1.46M▼
Other amounts receivable41€544k€24k▼
Cash at bank and in hand54/58€9k€10k▲
Deferred charges and accrued income490/1€54k€74k▲
Equity and liabilities
Total equity and liabilities10/49€3.54M€2.93M▼
Equity10/15€552k€594k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€489k€531k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€483k€525k▲
Profit (loss) carried forward14€433€539▲
Provisions and deferred taxes16-€417
Provisions for liabilities and charges160/5-€417
Pensions and similar obligations160-€417
Amounts payable17/49€2.99M€2.34M▼
Amounts payable within one year42/48€2.99M€2.34M▼
Current portion of amounts payable after more than one year42€697k-
Trade debts44€1.15M€1.07M▼
Suppliers440/4€1.15M€1.07M▼
Advances received on contracts in progress46€810k€390k▼
Taxes, remuneration and social security45€152k€113k▼
Taxes450/3€85k€46k▼
Remuneration and social security454/9€67k€67k▼
Other amounts payable47/48€182k€759k▲
Income statement
Code20242025
Turnover70€4.38M€6.02M▲
Non-recurring operating income76A€248€30▼
Goods, raw materials, services and sundry goods60/61€4.24M€4.89M▲
Remuneration, social security and pensions62€689k€714k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€32k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-66k€-21k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€920k€1.01M▲
Operating profit (loss)9901€258k€287k▲
Financial income75/76B€6k€1k▼
Recurring financial income75€6k€1k▼
Financial charges65/66B€9k€19k▲
Recurring financial charges65€9k€19k▲
Profit (loss) for the period before taxes9903€255k€269k▲
Income taxes67/77€25k€28k▲
Profit (loss) for the period9904€229k€241k▲
Profit (loss) for the period to be appropriated9905€229k€241k▲
Appropriation of the result
Profit (loss) to be appropriated9906€229k€242k▲
Profit (loss) brought forward from the previous period14P€169€433▲
Transfer to equity691/2€47k€42k▼
To other reserves6921€47k€42k▼
Profit to be distributed694/7€182k€199k▲
Directors or managers695€182k€199k▲
Social balance
Average headcount (FTE)90879.09.2▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 41 days late
2025
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 43 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial
Equity above €500kEq €504k ▲26.8%
6 profitable years in a row build equity to €504k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
15-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 46 days late
2021
31-12
Financial
Equity above €200kEq €283k ▲134%
4 profitable years in a row build equity to €283k.
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 3 days late
2020
31-12
Financial
Highest result since 2018net €332k ▲137%
Net result €332k, the highest in the series.
31-12
Financial
Equity above €100kEq €121k ▲35%
3 profitable years in a row build equity to €121k.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 3 days late
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Gent · 1 establishment unit since 2017
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.
Sint-Salvatorstraat 18/3039000 GentGround area
1,722 m²
Building footprint
1,705 m²
Volume, LiDAR
23,916 m³
Parcel 44021A2735/00S002, Flanders · tallest building 16.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Leap Forward
since 20172.266.370.257
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A2735/00S002 | Flanders | 1,722 m² | 1 · 1,705 m² | 15.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
European Union, budget
2022 · 2 entries · 1,338,954 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2022 | 2 | 1,338,954 EUR |
Projects
101060382 - EU-FARMBOOK - EU-FARMBOOK: SUPPORTING KNOWLEDGE EXCHANGE BETWEEN ALL AKIS ACTORS IN THE EUROPEAN UNION
101091749 - DEMO-BLOG - DEVELOPMENT AND DEMONSTRATION OF DIGITAL BUILDING LOGBOOKS
European research
4 projects · 1,751,769 EUR EU contributionProgrammes
HORIZON
h2020
Projects
EU-FarmBook: supporting knowledge exchange between all AKIS actors in the European Union
European Knowledge repository for best agricultural practices
Development and Demonstration of Digital Building Logbooks
Connecting Thematic Networks as Knowledge Reservoirs: towards a European Agricultural Knowledge Innovation Open Source System
Similar companies · same sector, comparable size
VELTISTO
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LOGISERV
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HeadMind Partners Belgium
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DE WOLF CONSULTING SERVICES
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ROUTE 67 CONSULTING
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,395. 11,219 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-07-2017
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.