Equity
-€26,509
Debts exceed assets in financial year 2024.
LEDSREACT
Overview
Lifetime
8 annual accounts with figures on one time axispeak €71,084 (2020)
-€355,159▲ €51,762
lowest -€918,404 (2024)
-€918,404▼ €48,273
peak €712,708 (2021)
-€26,509▲ €608,809
€1.3m▼ 40.1%
Board8 names since 2018
5 directors and 4 others
Owners
30.1%
Documentsfilings and deeds
18-03-2026230 days late
2024micro format
Gross margin from -€406,921 to -€355,159Loss of €918,404Registered office moved from Harelbeke to Kortrijk 28-11Resignation: (director) 07-11Resignation: (director) 25-04Equity from -€635,318 to -€26,509
Key points
from the 2024 annual accountsLosses
-€2.4m in four years
Every financial year from 2021 to 2024 closed with a loss. 2024 was the heaviest.
Debts
€1.3m 102% of the balance sheet
Financial debts 8%Suppliers 25%Taxes and wages 1%Other 66%
Of this, €1.2m falls due within a year.
Staff
1 employees on 31-12-2024
In 2024, 2 people joined and 3 left.
Filings
8 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-€918,404
Lower net result than 95% of companies in other manufacturing. Sector median €6,507 · 814 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,909 companies had the same profile as LEDSREACT has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,909 companies, not a prediction for LEDSREACT. 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
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
Board and ownership
Director, since 17-12-2024
Director, since 17-12-2024
Director, since 03-03-2026
- 30.1%score equity €20.1m (2025) · 2025 annual accounts of
Recent changes
Resignation: (director)
Appointment: (director) · Director discharge: · General meeting of 03-03-2026 · Gazette deed
Registered office moved from Kortrijk to Damme
New registered office: Hoekestraat 25, 8340 Damme · Previous registered office: Evolis 28, 8500 Kortrijk · Board meeting of 02-09-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0648823991
Capital contribution of €1,572,840
Resignations: (director) and (director) · Appointments: , and · “Ontwikkeling en productie van fitness- en sporttoestellen, sportartikelen, elektronica, software, enzovoort…” (deed in Dutch) · General meeting of 20-12-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LEDSREACT Damme | - | - | -2.1% | - |
| ADEC SPORT Namur | €2.8m | -14.6% | 44.7% | 7.7 |
| R-FIT CONCEPT Ohey | - | - | 13.8% | - |
| RAMPAFFAIRZ Waregem | - | - | 69.9% | - |
| BOTREX Brussels | - | - | 16.4% | - |
| EVERO Willebroek | €0.2m | - | -32.3% | - |
| VPGS INTERNATIONAL Merchtem | - | - | 80.0% | - |
These companies have the same main activity as LEDSREACT: other manufacturing (NACE 32300). They are comparable in size and age: total assets between €152,000 and €1.8m, founded between 2005 and 2021.
Official details
Source: KBO- Status
- Active since 19-02-2016Normal situation
- Activity
- Other manufacturingNACE 32300and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.250.647.6468340 Damme, since 19-02-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 31-07-2025
Annual accounts 2024
- -€355,159▲ 12.7%
- €918,404▲ 5.5%
- -€26,509▲ 95.8%
- €1.3m▼ 17.4%
- Employeeson 31-12-2024
- 1▼ 50.0%
- Filing
- Filed on 18-03-2026
Insights on LEDSREACT
LEDSREACT files the micro format. That format states no turnover. The gross margin fell from -€2,633 in 2017 to -€355,159 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2024
micro format, filed on 18-03-2026, 230 days late2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 12 November 2026.
-€355,159
▲ €51,762
-€1.0m
▼ €153,319
-€918,404
▼ €48,273
-€888,200
▼ €131,985
-2.1%
▲ 38.9 percentage points
0.27
▼ 0.05
Turnover and EBIT margin are not published. The micro format does not require them.
In the rankings
#6 company by total assets in Damme, Manufacturing sector
Balance sheet
balance sheet total €1.3m on 31-12-2024What the company ownsHow it is paid for
in €m
in euro
Position in the sector
-2.1%
Higher than 17% of 813 companies in 2024.
0.27
Lower than 95% of 784 companies in 2024.
-71.6%
Lower than 95% of 793 companies in 2024.
LEDSREACT
Middle half of the sector
80% of the sector
Micro accounts in other manufacturing (NACE 32)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
€73,528
Staff costs divided by the average number of full-time equivalents.
-1 person
people who joined
people who left
In 2024, 2 people joined and 3 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
1.3m | 1.6m | 1.4m | 1.0m | 462,126 | 324,394 | 77,143 | 73,954 | |
21/28 |
960,143 | 1.2m | 758,103 | 504,674 | 285,070 | 38,593 | 26,187 | 38,645 | |
21 |
935,416 | 1.2m | 745,937 | 491,373 | 280,313 | 37,208 | 24,873 | 36,812 | |
22/27 |
24,727 | 32,184 | 9,262 | 13,302 | 4,758 | 1,385 | 814 | 1,833 | |
23 |
23,945 | 30,431 | 7,149 | 10,319 | 3,156 | 389 | 771 | 1,270 | |
24 |
782 | 1,753 | 2,113 | 2,982 | 1,602 | 997 | 43 | 563 | |
28 |
0 | 2,904 | 2,904 | - | - | - | 500 | - | |
29/58 |
322,665 | 347,158 | 595,087 | 503,408 | 177,056 | 285,801 | 50,955 | 35,310 | |
3 |
57,988 | 110,947 | 28,799 | 33,629 | 5,258 | 8,637 | 6,413 | 7,736 | |
30/36 |
57,988 | 110,947 | 28,799 | 33,629 | 5,258 | 8,637 | 6,413 | 7,736 | |
40/41 |
170,017 | 131,846 | 248,213 | 260,632 | 77,918 | 141,375 | 15,988 | 10,430 | |
40 |
141,027 | 105,943 | 153,443 | 50,742 | 7,486 | 17,068 | 15,766 | 9,299 | |
41 |
28,989 | 25,903 | 94,769 | 209,890 | 70,432 | 124,306 | 222 | 1,131 | |
54/58 |
29,366 | 31,010 | 283,481 | 188,802 | 93,310 | 134,522 | 26,715 | 16,994 | |
490/1 |
65,294 | 73,356 | 34,594 | 20,346 | 570 | 1,268 | 1,839 | 150 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
1.3m | 1.6m | 1.4m | 1.0m | 462,126 | 324,394 | 77,143 | 73,954 | |
10/15 |
-26,509 | -635,318 | 282,744 | 712,708 | 69,928 | 69,688 | 10,219 | -10,557 | |
10/11 |
2.3m | 733,568 | 733,568 | 733,568 | 68,600 | 20,387 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | 20,387 | 18,600 | 18,600 | |
11 |
- | - | - | - | - | 48,213 | - | - | |
1100/10 |
- | - | - | - | - | 48,213 | - | - | |
13 |
1,328 | 1,328 | 1,328 | 1,328 | 1,328 | 1,088 | - | - | |
133 |
1,328 | 1,328 | 1,328 | 1,328 | 1,328 | 1,088 | - | - | |
14 |
-2.4m | -1.5m | -651,946 | -290,585 | - | - | -8,381 | -29,157 | |
15 |
106,235 | 151,863 | 199,795 | 268,397 | - | - | - | - | |
17/49 |
1.3m | 2.2m | 1.1m | 295,374 | 392,198 | 254,706 | 66,923 | 84,511 | |
17 |
98,452 | 1.0m | 732,647 | 160,160 | 200,720 | 12,970 | 16,063 | 19,098 | |
170/4 |
98,452 | 1.0m | 732,647 | 160,160 | 200,720 | 12,970 | 16,063 | 19,098 | |
42/48 |
1.2m | 1.1m | 333,568 | 135,098 | 189,877 | 65,047 | 50,635 | 65,153 | |
42 |
870,688 | 531,648 | 79,170 | 38,791 | 117,681 | 3,093 | 3,035 | 2,979 | |
43 |
0 | 75,000 | - | - | - | - | - | - | |
430/8 |
0 | 75,000 | - | - | - | - | - | - | |
44 |
333,074 | 456,462 | 222,839 | 68,613 | 54,208 | 5,099 | 2,868 | 9,787 | |
440/4 |
333,074 | 456,462 | 222,839 | 68,613 | 54,208 | 5,099 | 2,868 | 9,787 | |
45 |
7,103 | 30,212 | 21,509 | 17,644 | 7,774 | 1,888 | 1,188 | 401 | |
450/3 |
420 | 5,169 | 3,943 | 3,971 | 1,065 | 276 | 1,188 | 401 | |
454/9 |
6,683 | 25,043 | 17,567 | 13,672 | 6,710 | 1,611 | - | - | |
47/48 |
0 | 10,050 | 10,050 | 10,050 | 10,214 | 54,968 | 43,544 | 51,987 | |
492/3 |
0 | 51,830 | 4,231 | 116 | 1,601 | 176,688 | 225 | 260 | |
| Income statement | |||||||||
9900 |
-355,159 | -406,921 | -162,398 | -184,249 | 71,084 | 41,396 | 34,973 | -2,633 | |
62 |
73,528 | 114,772 | 53,347 | 31,439 | 22,486 | 1,654 | - | - | |
630 |
358,729 | 298,750 | 169,472 | 93,825 | 46,242 | 23,217 | 12,957 | 25,104 | |
631/4 |
203,330 | - | 0 | -1,129 | 439 | 690 | - | - | |
640/8 |
16,225 | 24,549 | 10,879 | 2,978 | 5,211 | 505 | 480 | 504 | |
66A |
0 | 8,660 | 1,205 | - | - | 6,232 | - | - | |
9901 |
-1.0m | -853,652 | -397,300 | -311,362 | -3,294 | 9,098 | 21,536 | -28,241 | |
75/76B |
98,972 | 26,650 | 48,011 | 20,519 | 81 | 114 | 23 | 105 | |
75 |
98,972 | 26,650 | 48,011 | 20,519 | 81 | 114 | 23 | 105 | |
65/66B |
14,532 | 79,523 | 25,312 | 9,660 | 5,448 | 733 | 781 | 1,021 | |
65 |
14,532 | 79,523 | 25,312 | 9,660 | 5,448 | 733 | 781 | 1,021 | |
9903 |
-922,531 | -906,525 | -374,601 | -300,504 | -8,660 | 8,479 | 20,778 | -29,157 | |
67/77 |
-4,128 | -36,395 | -13,239 | -9,919 | -8,900 | -990 | 2 | - | |
9904 |
-918,404 | -870,130 | -361,362 | -290,585 | 240 | 9,468 | 20,776 | -29,157 | |
9905 |
-918,404 | -870,130 | -361,362 | -290,585 | 240 | 9,468 | 20,776 | -29,157 | |
| Appropriation of the result | |||||||||
9906 |
-2.4m | -1.5m | -651,946 | -290,585 | 240 | 1,088 | -8,381 | -29,157 | |
14P |
-1.5m | -651,946 | -290,585 | - | - | - | - | - | |
691/2 |
- | - | - | 0 | 240 | 1,088 | - | - | |
6921 |
- | - | - | 0 | 240 | 1,088 | - | - | |
| Social balance sheet | |||||||||
9087 |
1 | 2 | 1.2 | 0.8 | - | - | - | - | |
Hours worked1013 |
1,782 | 3,441 | 2,189 | 1,504 | - | - | - | - | |
| Document | |||||||||
The notes to these accounts have 19 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 2024 (PDF), filed on 18-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 18-03-2026 | 2026-00056214 | |
| 31-12-2023 | micro format | 11-07-2024 | 2024-00234441 | |
| 31-12-2022 | micro format | 04-07-2023 | 2023-00195889 | |
| 31-12-2021 | micro format | 07-07-2022 | 2022-20155401 | |
| 31-12-2020 | micro format | 24-06-2021 | 2021-23400052 | |
| 31-12-2019 | micro format | 18-09-2020 | 2020-53700466 | |
| 31-12-2018 | micro format | 12-07-2019 | 2019-34000213 | |
| 31-12-2017 | micro format | 08-10-2018 | 2018-68900189 |
Subsidies and aid
Flemish government 2022 to 2023, 2 entries, €9,008 awarded, €7,814 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €5,058 | €3,864 |
| 2022 | 1 | €3,950 | €3,950 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| -648,243 | -554,902 | -227,828 | -217,537 | 42,949 | 32,315 | 34,493 | -3,137 | ||
| -559,675 | -571,380 | -191,889 | -196,760 | 46,482 | 32,686 | 33,734 | -4,053 | ||
| 116,631 | 751,793 | 424,106 | 313,429 | 292,719 | 42,355 | 500 | 63,749 | ||
| -1,644 | -252,471 | 94,679 | 95,492 | -41,212 | 107,807 | 9,721 | - | ||
| -888,200 | -756,214 | 261,519 | 368,310 | -12,821 | 220,754 | 320 | -29,843 | ||
| -2.1% | -40.9% | 20.9% | 70.7% | 15.1% | 21.5% | 13.2% | -14.3% | ||
| 0.27 | 0.31 | 1.78 | 3.73 | 0.93 | 4.39 | 1.01 | 0.54 | ||
| 0.22 | 0.21 | 1.70 | 3.48 | 0.90 | 4.26 | 0.88 | 0.42 | ||
| - | - | 3.79 | 0.41 | 5.61 | 3.65 | 6.55 | - | ||
| - | - | -127.8% | -40.8% | 0.3% | 13.6% | 203.3% | - | ||
| -71.6% | -56.1% | -26.7% | -28.8% | 0.1% | 2.9% | 26.9% | -39.4% | ||
| -44.61 | -6.98 | -9.00 | -22.52 | - | - | - | - |
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.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 2 | 2 | 1 |
| full-time | 1 | 2 | 1 | 0 |
| part-time | 0 | 0 | 1 | 1 |
| in full-time equivalents | 1 | 2 | 1.8 | 0.6 |
| 1 | 2 | 1.2 | 0.8 | |
| On a permanent contract | 1 | 2 | 2 | 1 |
| Joined | 2 | 2 | 1 | 1 |
| Left | 3 | 2 | 0 | 1 |
| Training hours | 0 | - | 0 | - |
Source: social balance sheet in the 2021 to 2024 annual accounts
Securities and guarantees
on own assets and for others| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| €500,000 | €500,000 | €500,000 | €100,000 |
Source: notes to the 2021 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | - | €30,846 | €652 | €10,649 |
| Intangible fixed assets | €116,631 | €720,947 | €420,551 | €302,780 |
| Financial fixed assets | - | - | €2,904 | - |
| €358,729 | €298,750 | €169,472 | €93,825 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Insights on LEDSREACT
The operating result for 2024 is a loss of €1.0m, larger than the loss of €853,652 in 2023. It is the lowest result since 2017.
Equity is negative. Debt (€1.3m) exceeds the balance-sheet total (€1.3m).
Large changes and their cause
- 2021 Equity +919%, Total assets +118% on 2020. Capital increase of €664,968 (Official Gazette 28-07-2021). Capital increase of €664,968 (Official Gazette 28-07-2021).
Board & ownership
Board
3 directors, last change in March 2026Director
since 17-12-2024
term without a fixed end
listed in the 2024 annual accounts, filed on 18-03-2026
Director
since 17-12-2024
term without a fixed end
earlier director, until 20-01-2025
also on the board of 1 other company
listed in the 2024 annual accounts, filed on 18-03-2026
Director
since 03-03-2026
term without a fixed end
listed in the 2024 annual accounts, filed on 18-03-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “In geval van delegatie van het dagelijks bestuur bepaalt de Raad van Bestuur de vergoeding die aan deze opdracht is verbonden. Elke persoon…”deed of 28-07-2021
Mandates through the years
8 names, the dashed line is todayDirector
Director
Director
Director
Director
Director
Founder and director
Manager (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
-
- Director, appointed by deed of 28-07-2021, still in office
-
- Director, from 17-12-2024 to date
-
- Director, since before 31-12-2024
-
- Director, from 19-12-2024 to 03-03-2026
-
- Director, appointed by deed of 28-07-2021, until 20-01-2025
-
- Director, from before 31-12-2021 to 29-08-2024
-
- Founder and director, appointed by deed of 28-07-2021, until 27-01-2024
-
- Manager (not named in the articles), until 27-04-2018
Control
Shareholder
Equity €20.1m
Profit €1.1m in 2025 (profit €709,628 in 2024)
Checked score
30.1%
This company
LEDSREACT
Equity -€26,509
Loss €918,404 in 2024
Capital
- Contribution
- €2,306,407.63
- Shares
- 107,013
- Contribution per share
- €21.55
- Equity per share
- -€0.25 in 2024
- Source
- 2024 annual accounts
Owners through the years
as the annual accounts name themSource: lists of holdings in the owners' accounts
Articles of association
deed of 20-01-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 3 directors
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 10:00
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Conclusies controleverslag commissaris,revisor of accountant over staat activa en passiva niet ouder dan drie maanden plus bijzonder verslag…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Onbepaalde duur tenzij algemene vergadering anders beslist, bij meerderen collegiaal door meerderheid leden college”
Shareholders
1 ownerOwners 1
- Equity €20.1m Profit of €1.1m in 2025 (profit of €709,628 in 2024) Checked scoreSourceaccounts 202530.1%
Former owners (1)
- Sourcedeed 28-07-2021share not stated
Capital transactions
Shareholders according to the deeds
Stated in the deed
deed of 28-07-2021 ↗
- 8,436 shares
- 1,064 shares
- 500 shares
- 638 shares
Capital over time
- 20-01-2025 Capital stated in the deed · 107,013 shares
- 28-07-2021 Converted to unavailable equity
- 28-07-2021 Converted to available equity
- 28-07-2021 Capital increase of €664,967.57 · 3,855 new shares at €172.49 per share · in cash
- 28-07-2021 Capital increase of €664,967.57 · 3,855 new shares
- 25-04-2019 Capital increase of €1,786.68 · to €20,386.68 · 638 new shares, 6% of the 10,638 shares after the increase · in cash
Network & group
No group
LEDSREACT has no parent and no holdings in its annual accounts.
At the same address
Hoekestraat 25, 8340 Damme · 2 other companiesEarlier ties
via , at LEDSREACT until 2024 · Statutory director · deed of 24-01-2024 founded in 2024 |
total assets €84,596 (2025) |
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via · Statutory director · deed of 16-11-2023
Founded in 2016 · total assets €174,186 (2025)
Timeline
Timeline
26 events since 2016Board
Capital
Filings
Financial
Establishments
Address
201620182020202220242026
2026
Resignation: (director)Appointment: (director) · Director discharge: · General meeting of 03-03-20264 points ▸
- General meeting, 03-03-2026
- Director resignation,
- Director discharge,
- Director appointment,
Annual accounts 2024 filed PDFmicro format · 230 days late
2025
Registered office moved from Kortrijk to DammeNew registered office: Hoekestraat 25, 8340 Damme · Previous registered office: Evolis 28, 8500 Kortrijk · Board meeting of 02-09-20252 points ▸
- Board meeting, 02-09-2025
- Registered-office move, Hoekestraat 25, 8340 Damme
Registered in the Peppol Directory Reachable for e-invoices through 0208:0648823991
Capital contribution of €1,572,840Resignations: (director) and (director) · Appointments: , and · “Ontwikkeling en productie van fitness- en sporttoestellen, sportartikelen, elektronica, software, enzovoort…” (deed in Dutch) · General meeting of 20-12-202410 points ▸
- General meeting, 20-12-2024
- Auditor report, 19-12-2024
- Capital contribution, €1,572,840
- Amendment of the articles, article 5
- 107,013 shares
- Director resignation,
- Director resignation,
- Director appointment,
- Director appointment,
- Director appointment,
- The deed holds 7 more points.
2024
Weakest financial year net -€918,404 The net result drops to -€918,404, the lowest from 2017 to 2024.
Registered office moved from Harelbeke to KortrijkNew registered office: Evolis 28, 8500 Kortrijk · Previous registered office: Stedestraat 51, 8530 Harelbeke · Board meeting of 31-01-20242 points ▸
- Board meeting, 31-01-2024
- Registered-office move, Evolis 28, 8500 Kortrijk
Resignation: (director)1 point ▸
- Director resignation,
Annual accounts 2023 filed PDFmicro format · 20 days before the deadline
Resignation: (director)General meeting of 27-01-20242 points ▸
- General meeting, 27-01-2024
- Director resignation,
2023
Annual accounts 2022 filed PDFmicro format · 27 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 24 days before the deadline
Registered office moved from Wevelgem to HarelbekeNew registered office: Stedestraat 51, 8530 Harelbeke · Previous registered office: Veldstraat 40, 8560 Wevelgem · Board meeting of 31-03-20222 points ▸
- Board meeting, 31-03-2022
- Registered-office move, Stedestraat 51, 8530 Harelbeke
2021
Liquidity more than triples current ratio 3.73 The current ratio rises from 0.93 to 3.73. Short-term debt falls from €189,877 to €135,098.
Equity above €500,000 equity €712,708 ▲919% Equity rises from €69,928 to €712,708.
Capital increase of €664,967.573,855 new shares · Appointments: (founder and director), (director) and (director) · holds 8,436 shares · General meeting of 23-07-202111 points ▸
- General meeting, 23-07-2021
- holds 8,436 shares
- holds 1,064 shares
- holds 500 shares
- holds 638 shares
- Capital increase, €664,967.57, mentioned twice in the deed
- Amendment of the articles, article 5
- Director appointment, (founder and director)
- Director appointment,
- Director appointment,
- Board composition, (founder and director)
- The deed holds 24 more points.
Annual accounts 2020 filed PDFmicro format · 37 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 49 days late
2019
Liquidity more than quadruples current ratio 4.39 The current ratio rises from 1.01 to 4.39.
Annual accounts 2018 filed PDFmicro format · 19 days before the deadline
Capital increase of €1,786.68 to €20,386.68Capital from €18,600 to €20,386.68, 638 new shares5 points ▸
- Capital increase, €1,786.68
- Power of attorney,
- Share issue, 638, 50000.06
- Capital, €1,786.68
- Capital, €20,386.68, 10,638 shares
- The deed holds 9 more points.
2018
Back to profit net €20,776 The net result is €20,776, after one loss-making year.
Annual accounts 2017 filed PDFmicro format · 69 days late
Registered office moved within WevelgemNew registered office: Veldstraat 40 te 8560 Wevelgem · Previous registered office: TOEKOMSTSTRAAT 111 8560 WEVELGEM · Resignation: (manager) · General meeting of 03-05-20183 points ▸
- General meeting, 03-05-2018
- Registered-office move, Veldstraat 40 te 8560 Wevelgem
- Director resignation, (manager (not named in the articles))
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
On 19 February 2016, LEDSREACT was incorporated.1 Since 2018 the registered office has moved 4 times, most recently to Damme in 2025.23 The capital was increased 2 times between 2019 and 2021.45 Of the 3 current board members, 2 have served since 2024.6 Total assets went from €77,143 in 2018 to €1.3m in 2024 and headcount from 0.8 full-time equivalents in 2021 to 1 in 2024.7
Company details
Identity
- Enterprise number
- 0648.823.991
- VAT number
- BE 0648.823.991
- Peppol ID
- 0208:0648823991
- Other Peppol ID
- 9925:BE0648823991
- LEI code
- 8945005CMFL7KG9W2585 no longer live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 19-02-2016
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 10:00deed of 20-01-2025 (in Dutch)
- Peppol
- Reachable since 31-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- LEDSREACT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 20-01-2025 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 20-01-2025 (in Dutch)
Activities
NACEBEL 202532300
Other manufacturing main activity
93199
Other sports activities
Joint committees annual accounts 2024
JC 200
Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
32300
Other manufacturing main activity
47640
Retail trade
81300
Landscape service activities
93199
Other sports activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Ontwikkeling en productie van fitness- en sporttoestellen, sportartikelen, elektronica, software, enzovoort; Import, export, groot- en…”deed of 20-01-2025 (in Dutch)
11 activities
- Ontwikkeling en productie van fitness- en sporttoestellen, sportartikelen, elektronica, software, enzovoort;
- Import, export, groot- en kleinhandel in fitness- en sporttoestellen, sportartikelen, elektronica, software, enzovoort en aanverwante activiteiten zowel voor eigen gebruik als voor gebruik door derden;
- Import, export, groot- en kleinhandel van allerhande artikelen inzake sport en ontspanning zoals sporttoestellen, kledij, voeding, enzovoort en dit alles in de meest ruime zin van het woord;
- Handelsbemiddeling in verband met sport en ontspanningsartikelen;
- Het organiseren van sportevenementen, wedstrijden, bijeenkomsten, teambuilding, sportbegeleiding, personal training, lessen, het geven van lezingen en het organiseren van workshops;
- De exploitatie van sportaccommodaties, fitnesscentra, enzovoort;
- Het deelnemen aan beurzen, seminaries, tentoonstellingen, sport- en culturele manifestaties en bij uitbreiding aan alle activiteiten die het handelsdoel dienen;
- Het investeren in activa en het maken van kosten met het oog op het eventueel bezoldigen van de zaakvoerders;
- Het produceren, uitbaten, verhandelen, invoeren en uitvoeren van alle goederen en diensten, welke met haar voorwerp verband houden. Te dien einde zal zij, zowel in België als in het buitenland, zowel voor eigen rekening als voor rekening van derden, alle commerciële, industriële, financiële, roerende of onroerende handelingen mogen verrichten in rechtstreeks of onrechtstreeks, geheel of gedeeltelijk verband met haar voorwerp of die van aard zouden zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden. De vennootschap mag op om het even welke wijze betrokken zijn in zaken, ondernemingen, verenigingen of vennootschappen, zowel in België als in het buitenland, die hetzelfde, een gelijkaardig of een verwant voorwerp hebben of waarvan het voorwerp in enig verband met het hare staat. Zij kan zich ten gunste van vennootschappen borgstellen of haar aval verlenen, optreden als haar agent of vertegenwoordiger, bestuursmandaten vervullen, voorschotten toestaan, kredieten verlenen, hypothecaire of andere zekerheden verstrekken;
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen, alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, uitbaten van onroerende goederen, en eventueel deze ter beschikking te stellen van een vennoot of een zaakvoerder;
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen, en eventueel deze ter beschikking te stellen van een vennoot of een zaakvoerder.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Hoekestraat 25 registered office 8340 Damme | 19-02-2016 | 2.250.647.646 |
3 former offices
- Evolis 28, 8500 Kortrijk until 02-09-2025 · deed of 15-10-2025
- Stedestraat 51, 8530 Harelbeke until 01-02-2024 · deed of 28-11-2024
- Veldstraat 40, 8560 Wevelgem until 01-04-2022 · deed of 16-06-2022
Buildings and parcels at the address
- Ground area
- 6,573 m²
- Buildings
- 184 m²
- Volume, LiDAR
- 1,015 m³
- Tallest building
- 9.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31023B0243/00C000 | 6,573 m² | 1 · 184 m² | 9.0 m · 2 |