Skip to content

LEDEX

Active Private limited companyfounded 1997active for 29 yearsGeisterweg 5, 3630 MaasmechelenKBO/BCE: BE 0460.234.613
LEDEX
Financial year 2025
Follow ReportCompare

Annual accounts 2025

micro format, filed on 29-10-2026, 90 days late
€99,408
▲ 92.5%
€80,620
▲ 129%
€62,354
▲ 145%
€48,538
▲ €68,127
57.6%
▼ 4.0 percentage points
1.48
▲ 0.90

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €200,000. Estimated: probably between €150,000 and €260,000.

Balance sheet

balance sheet total €237,351 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

57.6%

Higher than 52% of 39,368 companies in 2025.

1.48

Higher than 39% of 38,051 companies in 2025.

26.3%

Higher than 67% of 38,523 companies in 2025.

LEDEX Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142012201120102009200820072006
Balance sheet: assets
20/58 237,351120,678106,47095,45768,899117,295112,99868,03155,86961,34838,48826,28560,18278,14380,61494,161104,55384,42060,392
21/28 88,09293,86570,47241,98628,11115,88520,09825,66821,08825,584--3,6795,50010,8549,05618,92722,52028,744
21 5,1255,752---------------100201
22/27 82,96788,11370,47241,98628,11115,88520,09825,66821,08825,584--3,6795,50010,6779,05618,92722,41928,543
22 823135447751,0061,2371,4681,6991,9301,341--3,6795,384-----
23 -171357542---------1165,9831,4022,7243,9677,046
24 29,22924,95124,01511,21612,33414,64818,63023,96919,15824,243----3,4665,20012,52213,54321,497
25 53,65662,67929,57216,82614,771--------------
26 -----------------4,909-
27 --15,98412,626---------------
28 --------------177----
29/58 149,25926,81435,99853,47140,789101,41092,90042,36334,78135,76438,48826,28556,50372,64369,76085,10585,62661,90031,648
29 ----35,00060,00030,34826,000-----------
290 ------30,34826,000-----------
291 ----35,00060,000-------------
3 ------------56,46872,10262,77782,26969,69746,44716,896
30/36 ------------56,46872,10262,77782,26969,69746,44716,896
40/41 148,41326,54815,37222,4464,59111,89458,92715,81034,62735,54738,48325,861--1,366558,0278,2418,271
40 6,62725,92314,78721,9466161,500--15,35827,40524,000---1,366558,0276,9336,425
41 141,7866255845003,97510,39458,92715,81019,2688,14314,48325,861-----1,3081,846
50/53 ---31,0261,198--------------
54/58 84626620,626--29,5163,6255531542175425365415,6172,7807,9027,2116,481
Balance sheet: equity and liabilities
10/49 237,351120,678106,47095,45768,899117,295112,99868,03155,86961,34838,48826,28560,18278,14380,61494,161104,55384,42060,392
10/15 136,63074,27548,82546,79746,27947,57049,84123,83715,64711,0262,543-615-8851,6807,3726,89832,82528,18127,895
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,592
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,592
11 ------------56,00056,00046,00016,000---
1100/10 ------------56,00056,00046,00016,000---
13 93,87731,5236,0726,0726,0726,0726,0726,0726,0726,0726,0726,0726,0726,0726,0726,0726,0726,0726,079
130/1 1,8601,8601,860--1,860-------------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,859
1311 1,8601,8601,860--1,860-------------
132 2,5912,5912,5912,5912,5912,5912,5912,5912,5912,5912,5912,5912,5912,5912,5912,5912,5912,5912,591
133 89,42527,0711,6203,4803,4801,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,6201,628
14 24,15324,15324,15322,12521,60722,89825,169-835-9,025-13,645-22,129-25,287-81,557-78,992-63,299-33,7748,1533,5093,224
17/49 100,72146,40357,64548,66022,62069,72563,15744,19340,22250,32235,94526,90161,06776,46473,24287,26371,72756,23932,497
17 ------2,0228,03013,94919,780--8,51912,512--5,1028,9168,677
170/4 ------2,0228,03013,94919,780--8,51912,512--5,1028,9168,677
42/48 100,72146,40357,64548,66022,62069,72561,13536,16326,27330,54235,94526,90149,43160,83473,24287,26366,62547,32323,820
42 ------------3,9933,82520,2085,10213,81411,7616,986
43 -----2,0226,0085,9195,8315,745--10,71311,7424,63011,9272,925--
430/8 -----2,0226,0085,9195,8315,745--10,71311,7424,63011,9272,925--
44 9,7106,0073,6761,3582,44636,54717,91815,1049884,7584,2754,04811,33419,02015,15726,17113,05922,03511,987
440/4 9,7106,0073,6761,3582,44636,54717,91815,1049884,7584,2754,04811,33419,02015,15726,17113,05922,03511,987
46 ----3,000-----9,86015,400-------
45 67,02115,5747,7329,30316,92430,90537,20915,14119,45420,03821,8107,45214,84422,51129,31122,44310,9472,9414,256
450/3 67,02115,5747,7329,30316,92430,90537,20915,14119,45420,03821,8107,4524,4742,1227983,0274,1972,9414,256
454/9 ------------10,37020,38928,51219,4166,750--
47/48 23,99024,82146,23738,000250250------8,5473,7373,93621,62025,87910,586591
492/3 ------------3,1173,117-----
Income statement
76A -------------3,145744-941--
9900 99,40851,65216,2187,1699,2819,90155,48427,16613,93113,46412,65292,3948,125-2,0473,8084,43822,95618,55118,400
62 ------------3,1965,71123,70129,682---
630 18,07615,06010,9957,1905,0739,16213,54912,4946,8036,267--1,8213,0495,5699,87110,47212,36111,134
640/8 7121,4301,3706471,0073,6201,3671,1511,18697762621,9491,2121,7612,2092,0481,6391,773
9901 80,62035,1613,853-6673,201-2,88140,56813,5225,9426,22012,59092,3321,159-12,019-27,222-37,32410,4364,5515,493
75/76B 7,491141231,1802,6093,3003,0971,4582,0998841---87-1144210
75 7,491141231,1802,6093,3003,0971,4582,0998841---87-1144210
65/66B 2688702414302542,7781,6921,182727178821433,7236,8193,1344,6044,2953,1462,032
65 268870241-62,7781,6921,182727178821433,7236,8193,1344,6044,2953,1462,032
66B ---430247--------------
9903 87,84334,3053,734825,556-2,35941,97313,7987,3146,92612,50992,189-2,565-15,693-29,525-41,9287,1961,4473,471
67/77 25,4898,8551,7071,3676,848-8915,9705,6072,6943,5409,3506,842----2,5511,1611,734
9904 62,35425,4512,028-1,285-1,291-2,27126,0038,1904,6203,3863,15985,347-2,565-15,693-29,525-41,9284,6452861,738
9905 62,35425,4512,028-1,285-1,291-2,27126,0038,1904,6203,3863,15985,347-2,565-15,693-29,525-41,9284,6452861,738
Appropriation of the result
9906 86,50749,60324,15322,12521,60722,89825,169-835-9,025-13,645-22,129-25,287-81,557-78,992-63,299-33,7748,1533,5093,224
14P 24,15324,15322,12523,41022,898--------------
691/2 62,35425,451---------------1-
6920 -----------------1-
6921 62,35425,451-----------------
Social balance sheet
9087 ------------1111---
Hours worked1013 ------------700800744744---
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 8 older financial years (1998-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-10-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 90 days after the deadline. Filed on 29 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00571456.

Financial year Type Filed Reference Document
31-12-2025 micro format 29-10-2026 2026-00571456 PDF
31-12-2024 micro format 27-10-2025 2025-00555088 PDF
31-12-2023 micro format 22-10-2024 2024-00511052 PDF
31-12-2022 micro format 27-09-2023 2023-00455666 PDF
31-12-2021 micro format 26-10-2022 2022-20472914 PDF
31-12-2020 micro format 25-10-2021 2021-73100001 PDF
31-12-2019 micro format 07-10-2020 2020-59800549 PDF
31-12-2018 micro format 31-08-2019 2019-63100234 PDF
31-12-2017 micro format 31-08-2018 2018-62100417 PDF
31-12-2016 micro format 26-09-2017 2017-63400558 PDF
31-12-2015 abbreviated format 29-09-2016 2016-64500019 PDF
31-12-2014 abbreviated format 31-08-2015 2015-53700167 PDF
31-12-2013 abbreviated format 28-08-2014 2014-51300378 PDF
31-12-2012 abbreviated format 30-08-2013 2013-53400341 PDF
31-12-2011 abbreviated format 30-08-2012 2012-50600243 PDF
31-12-2010 abbreviated format 29-08-2011 2011-47000208 PDF
31-12-2009 abbreviated format 29-07-2010 2010-36500256 PDF
31-12-2008 abbreviated format 31-07-2009 2009-52600146 PDF
31-12-2007 abbreviated format 31-07-2008 2008-52000325 PDF
31-12-2006 abbreviated format 27-07-2007 2007-50600324 PDF
31-12-2005 abbreviated format 28-08-2006 2006-68801221 PDF
31-12-2004 abbreviated format 28-07-2005 2005-59200118 PDF
31-12-2003 abbreviated format 30-09-2004 2004-69200961 PDF
31-12-2002 abbreviated format 30-07-2003 2003-55505339 PDF
31-12-2001 abbreviated format 03-10-2002 2002-62503668 PDF
31-12-2000 abbreviated format 06-08-2001 2001-48402663 PDF
31-12-1999 abbreviated format 31-07-2000 2000-48203336 PDF
31-12-1998 abbreviated format 29-09-1999 1999-50000148 PDF

Subsidies and aid

Flemish government 2023 to 2024, 2 entries, €6,191 awarded, €6,191 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€6,191
Year Entries AwardedPaid
2024 1 €0€3,687
2023 1 €6,191€2,504

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142012201120102009200820072006
98,69650,22214,8486,5228,2746,28154,11826,01612,74412,487--2,980-8,971-21,653-27,45320,90816,91216,627
80,43140,51113,0235,9053,7826,89239,55320,68411,4239,652---743-12,644-23,956-32,05715,11612,64612,871
12,30454,43739,48121,06517,29910,8397,97917,0742,30631,851--01,3387,36709,2446,1365,275
580-20,360---25,8913,072399-62212-420--505-5,0762,837-5,121690731-
48,538-19,589-21,6474,81118,16831,68531,7656,1998,5085,2222,543-6157,07311,809-3,481-2,15819,00114,5777,828
57.6%61.5%45.9%49.0%67.2%40.6%44.1%35.0%28.0%18.0%6.6%-2.3%-1.5%2.1%9.1%7.3%31.4%33.4%46.2%
1.480.580.621.101.801.451.521.171.321.171.070.981.141.190.950.981.291.311.33
1.480.580.621.101.801.451.521.171.321.171.070.980.000.010.100.030.240.330.62
0.740.621.181.040.491.471.271.852.574.5614.13--45.529.9312.652.192.001.16
45.6%34.3%4.2%-2.7%-2.8%-4.8%52.2%34.4%29.5%30.7%124.2%---934.3%-400.5%-607.8%14.2%1.0%6.2%
26.3%21.1%1.9%-1.3%-1.9%-1.9%23.0%12.0%8.3%5.5%8.2%324.7%-4.3%-20.1%-36.6%-44.5%4.4%0.3%2.9%
over 10057.7161.5515.16over 100--------------

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
Item20252024202320222021
Tangible fixed assets€12,304€48,168€39,481€21,065€17,299
Intangible fixed assets-€6,269---
€18,076€15,060€10,995€7,190€5,073

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on LEDEX

The operating result for 2025 is 129% higher than in 2024 and the highest since 2014. It is the third rise in a row, after the fall in 2022.

Debt's share of the balance-sheet total rises from 38.5% to 42.4%. Equity and debt are higher.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

We would like to set cookies. That happens only with your consent. What we measure