LEDABEL
Annual accounts 2025
micro format, filed on 30-04-2026, on the day of the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €990,000. Estimated: probably between €680,000 and €1.3m.
Balance sheet
balance sheet total €580,983 on 30-09-2025in euro
in euro
Position in the sector
12.2%
Higher than 32% of 22,909 companies in 2025.
1.12
Higher than 37% of 22,039 companies in 2025.
3.9%
Higher than 51% of 22,189 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half
Staff
€52,099
Staff costs divided by the average number of full-time equivalents.
+1 person
In 2025, 4 people joined and 3 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
580,983 | 334,311 | 185,738 | |
21/28 |
12,481 | 15,412 | 19,802 | |
22/27 |
12,481 | 15,412 | 19,802 | |
24 |
12,481 | 15,412 | 19,802 | |
29/58 |
568,502 | 318,899 | 165,936 | |
3 |
124,204 | 227,204 | 150,428 | |
30/36 |
124,204 | 227,204 | 150,428 | |
40/41 |
426,847 | 64,379 | 9,938 | |
40 |
425,645 | 64,365 | 4,858 | |
41 |
1,202 | 14 | 5,080 | |
54/58 |
17,451 | 27,316 | 5,570 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
580,983 | 334,311 | 185,738 | |
10/15 |
71,033 | 48,311 | 26,107 | |
10/11 |
2,500 | 2,500 | 2,500 | |
14 |
68,533 | 45,811 | 23,607 | |
17/49 |
509,950 | 286,000 | 159,632 | |
17 |
3,021 | 8,815 | 14,291 | |
170/4 |
3,021 | 8,815 | 14,291 | |
42/48 |
506,929 | 277,185 | 145,340 | |
42 |
5,794 | 5,477 | 5,177 | |
43 |
98,006 | - | 5,319 | |
430/8 |
98,006 | - | 5,319 | |
44 |
350,929 | 246,225 | 115,199 | |
440/4 |
286,448 | 246,225 | 115,199 | |
441 |
64,481 | - | - | |
45 |
27,127 | 20,677 | 12,362 | |
450/3 |
9,998 | 7,100 | 8,362 | |
454/9 |
17,130 | 13,577 | 4,000 | |
47/48 |
25,073 | 4,807 | 7,284 | |
| Income statement | ||||
9900 |
122,603 | 79,771 | 36,123 | |
62 |
78,148 | 42,672 | - | |
630 |
4,688 | 4,390 | 3,387 | |
640/8 |
1,253 | 606 | - | |
9901 |
38,514 | 32,103 | 32,736 | |
75/76B |
182 | 1,672 | 1,088 | |
75 |
182 | 1,672 | 1,088 | |
65/66B |
8,363 | 5,305 | 2,215 | |
65 |
8,363 | 5,305 | 2,215 | |
9903 |
30,332 | 28,470 | 31,609 | |
67/77 |
7,610 | 6,266 | 8,002 | |
9904 |
22,722 | 22,204 | 23,607 | |
9905 |
22,722 | 22,204 | 23,607 | |
| Appropriation of the result | ||||
9906 |
68,533 | 45,811 | 23,607 | |
14P |
45,811 | 23,607 | - | |
| Social balance sheet | ||||
9087 |
1.5 | 1.3 | - | |
Hours worked1013 |
2,233 | 2,434 | - | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2022 to 2025, 5 entries, €34,394 awarded, €9,394 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €0 | €0 |
| 2024 | 1 | €25,000 | €0 |
| 2023 | 1 | €4,725 | €4,725 |
| 2022 | 1 | €4,669 | €4,669 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 43,202 | 36,493 | 36,123 | ||
| 27,410 | 26,594 | 26,994 | ||
| 1,757 | 0 | 21,950 | ||
| -9,865 | 21,746 | - | ||
| 61,573 | 41,713 | 20,596 | ||
| 12.2% | 14.5% | 14.1% | ||
| 1.12 | 1.15 | 1.14 | ||
| 0.88 | 0.33 | 0.11 | ||
| 7.18 | 5.92 | 6.11 | ||
| 32.0% | 46.0% | 90.4% | ||
| 3.9% | 6.6% | 12.7% | ||
| 5.17 | 6.88 | 16.31 |
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.
Social balance sheet
| Item | 30-09-2025 | 30-09-2024 |
|---|---|---|
| Employees at the balance-sheet date | 3 | 2 |
| full-time | 1 | 1 |
| part-time | 2 | 1 |
| in full-time equivalents | 1.8 | 1.6 |
| 1.5 | 1.3 | |
| On a permanent contract | 1 | 1 |
| Joined | 4 | 3 |
| Left | 3 | 1 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 |
|---|---|---|---|
| Tangible fixed assets | €1,757 | - | €21,950 |
| €4,688 | €4,390 | €3,387 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on LEDABEL
The operating result for 2025 is 20% higher than in 2024 and the highest since 2023. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 85.5% to 87.8%. Equity and debt are higher.