Skip to content

LEEDEC

Active
Private limited company· 17 yrs active
Wolvertemsesteenweg 348 ·1850 Grimbergen, Belgium
KBO/BCE: BE 0811.212.186
Watch Print / PDF
Age17 yrs
Board1
Connections6

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of LEEDEC is 1.0% (low). The 2024 annual accounts show equity of €113k and a net result of €9k. Equity is shrinking by ~9.4% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.0% Low
0%0,5%1,5%4%10%≥25%
No NACE activity registered +Long track record

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 17-06-2025 44 d early 2025-00151307
31-12-2023 31-07-2024 14-06-2024 47 d early 2024-00138499
31-12-2022 31-07-2023 16-06-2023 45 d early 2023-00141407
31-12-2021 31-07-2022 22-06-2022 39 d early 2022-20086652
31-12-2020 31-07-2021 16-06-2021 45 d early 2021-20500075
31-12-2019 31-07-2020 01-07-2020 30 d early 2020-24900030
31-12-2018 31-07-2019 03-07-2019 28 d early 2019-27800452
31-12-2017 31-07-2018 14-06-2018 47 d early 2018-18400101
31-12-2016 31-07-2017 13-06-2017 48 d early 2017-16700266
31-12-2015 31-07-2016 13-07-2016 18 d early 2016-30700464

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Established
Founded in 2009, 17 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€9k+22.5%
Working capital€-73k-3.6%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 17-06-2025 with the NBB · fiscal year 2024 · micro
€-100k€0€100k€200kOperating result 2020: €131k€131kNet result 2020: €92k€92kOperating result 2021: €241k€241kNet result 2021: €197k€197kOperating result 2022: €-41k€-41kNet result 2022: €-45k€-45kOperating result 2023: €11k€11kNet result 2023: €7k€7kOperating result 2024: €20k€20kNet result 2024: €9k€9k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~9.4%/year over 7 fiscal years, indicative, assuming unchanged policy.
€0€200k€400k2025: €102k (€30k - €175k)2026: €93k (€0 - €209k)2027: €84k (€0 - €244k)2018: €171k2019: €254k2020: €308k2021: €474k2022: €97k2023: €104k2024: €113k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€35k
+32.6% 18-24
Net profit
€9k
+22.5% 18-24
Cash flow
€24k
+7.0% 18-24
Total assets
€497k
+0.5% 18-24
Equity
€113k
+8.3% 18-24
Working capital
€-73k
-3.6% 18-24
Employees (FTE)
2
+33.3% 18-24
Staff costs
€0
-100.0% 18-24
Income taxes
€6k
+729.5% 18-24
Dividends
€0
-100.0% 18-24
Debt
€384k
-1.6% 18-24
Debt ≤ 1y
€96k
+27.1% 18-24
Debt > 1y
€288k
-8.2% 18-24
Current ratio
0.24
+238.9% 18-24
Quick ratio
0.24
+238.9% 18-24
Solvency
22.8%
+7.8% 18-24
Debt / equity
3.40
-9.2% 18-24
ROE
7.7%
+13.1% 18-24
ROA
1.7%
+21.9% 18-24
Interest coverage
6.72
-16.6% 18-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€35k
Net profit€9k
Cash flow€24k
Staff costs€0
Income taxes€6k
Dividends-
Total assets€497k
Equity€113k
Debt€384k
of which ≤ 1y€96k
of which > 1y€288k
Working capital€-73k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.24
Quick ratio0.24
Working capital ratio-14.6%
Solvency22.8%
Debt / equity3.40
Long-term debt ratio2.55
Interest coverage6.72
Gross margin-
Net margin-
ROA1.7%
ROE7.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€497k
Fixed assets 21/28€473k
Tangible fixed assets 22/27€473k
Current assets 29/58€23k
Amounts receivable within one year 40/41€20k
Cash & bank 54/58€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€497k
Equity 10/15€113k
Contributions / capital 10/11€4k
Reserves 13€95k
Accumulated profits (losses) 14€14k
Amounts payable 17/49€384k
Amounts payable after one year 17€288k
Amounts payable within one year 42/48€96k
Trade debts payable within one year 44€0
Income statement
Gross operating margin 9900€37k
Operating result 9901€20k
Financial charges 65€5k
Result before taxes 9903€15k
Income taxes 67/77€6k
Net result for the period 9904€9k
Result to be appropriated 9905€9k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
44 / 100 Weak
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

7 directors
Current directors & mandates
  • Kevin Leemans
    Director
    State Gazette act 22074295 (23-06-2022)
    Current
    14-07-2021 → present
    3 events
    • 23-06-2022 Appointed· Director
    • 14-07-2021 Appointed· Niet statutair bestuurder
    • 01-04-2012 Resigned· Niet statutaire zaakvoerder
Historic, not recently confirmed (3)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • De Decker Ruth Maria Stefaan
    Director
    State Gazette act 09059962 (27-04-2009)
    Not recently confirmed
    last confirmed in an act from 2009
    2 events
    • 09-04-2009 Appointed· Director
    • 09-04-2009 Appointed· Chair
  • Leemans Kevin Jean Libert
    Director
    State Gazette act 09059962 (27-04-2009)
    Not recently confirmed
    last confirmed in an act from 2009
  • Moens Albina Marida Ida
    Director
    State Gazette act 09059962 (27-04-2009)
    Not recently confirmed
    last confirmed in an act from 2009
Former directors (3)
  • De Decker Ruth
    Manager
    State Gazette act 21346822 (29-07-2021)
    Former
    - → 29-07-2021
  • Christine Vastenavondt
    Director
    State Gazette act 10064595 (05-05-2010)
    Former
    19-04-2010 → 24-10-2013
    2 events
    • 24-10-2013 Resigned· Niet statutaire zaakvoerder
    • 19-04-2010 Appointed· Director
  • Albina Moens
    Director
    State Gazette act 10064595 (05-05-2010)
    Former
    - → 19-04-2010
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary -
Legal form Private limited company(610)
Incorporation17-04-2009
StatusActive
Postal code1850

Structure & network

Connections & network

6 connected companies
MEMO, We sit on their board MMEMOMEMO MEDICAL, We sit on their board MMMEMO MEDICALOFFITEL, We sit on their board OOFFITELOFFITEL MEDICAL, We sit on their board OMOFFITELMEDICALLOEM, 2 shared directors LLOEMPAPILIO, Shared director PPAPILIOLEEDEC LEEDEC0811.212.186
Group structureShared directors
Group structure
MEMO
We sit on their board · 3 locations
MEMO MEDICAL
We sit on their board · 2 locations
OFFITEL
We sit on their board · 1 subsidiary · 1 location
OFFITEL MEDICAL
We sit on their board · 2 locations
Network connections
LOEM
Shared director
PAPILIO
Shared director
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

4 parties
LEEDECBE 0811.212.186
controls
Where this company holds controlthis company sits on their board4
3 locations
2 locations
1 subsidiary · 1 location
2 locations

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Wolvertemsesteenweg 3481850 Grimbergen

Establishment units

1 location
LeeDec
Wolvertemsesteenweg 348, 1850 GrimbergenVerhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
since 20152.260.816.216
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area858 m²
Buildings1
Building footprint88 m²
Volume (LiDAR)590 m³
Tallest building9.5 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23403F0114/00W003 Flanders 858 m² 1 · 88 m² 9.5 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

11 verified acts

What every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.

2022
07-09-2022 Capital & shares · Restructuring
18 facts
  • General meeting , 29/07/2022
  • Demerger , 29/07/2022
  • Accounting effect , 01/01/2022
  • Incorporation , 29/07/2022
  • Founding capital , €331.782,21
  • Share issue , vijfenzeventig (75) aandelen
+12 further facts
23-06-2022 Restructuring
6 facts
  • Demerger
  • Name change , LEEDec
  • Corporate purpose , De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen: + schoon…
  • Corporate purpose , De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen: + schoon…
  • Director appointment, Kevin Leemans (bestuurder)
  • Director appointment, Kevin Leemans (bestuurder)
2021
29-07-2021 Registered office · Purpose · Legal-form change · Resignations & appointments
9 facts
  • General meeting , 14/07/2021
  • Name change , All Services
  • Purpose change , De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen: + schoon…
  • Statutes amendment
  • Reserve release , statutair onbeschikbare eigenvermogensrekening
  • Director resignation, De Decker Ruth (zaakvoerder)
+3 further facts
2015
28-12-2015 Registered office
3 facts
  • General meeting , 09/12/2015
  • Registered-office move , 1850 Grimbergen, Beigemsesteenweg 3
  • Statutes amendment
2014
23-07-2014 Resignations & appointments
2 facts
  • General meeting , 05/06/2014
  • Director resignation, Christine Vastenavondt (niet-statutaire zaakvoerder)
13-03-2014 Registered office
2 facts
  • Registered-office move , Lokerenbaan 70, 9240 Zele
  • General meeting , 20/02/2014
2013
08-02-2013 Resignations & appointments
2 facts
  • General meeting , 07/01/2013
  • Director resignation, Kevin Leemans (niet-statutaire zaakvoerder)
2012
29-11-2012 Registered office
2 facts
  • Board meeting , 05/10/2012
  • Registered-office move , Heirbaan 24, 1785 Merchtem
2010
04-06-2010 Capital & shares · Statutes amendment · Legal-form change
8 facts
  • General meeting , 30/04/2010
  • Legal-form conversion , Besloten vennootschap met beperkte aansprakelijkheid
  • Purpose change , - het uitvoeren van allerlei klusjes in de meest ruime zin waaronder bij wijze van voorbeelden: grasmaaien, lamperı vervangen, kaders ophangen, bureau's verhuiz…
  • Capital increase , €6.250
  • Share issue , 50, 125,00 EUR
  • Bank account , KBC Bank, 1.562,50 EUR
+2 further facts
05-05-2010 Resignations & appointments
3 facts
  • General meeting , 19-04-2010
  • Director resignation, Albina Moens (bestuurder)
  • Director appointment, Christine Vastenavondt (bestuurder)
2009
27-04-2009 Incorporation
15 facts
  • Incorporation , 09/04/2009
  • Founder, De Decker Ruth Maria Stefaan
  • Founder, Moens Albina Marida Ida
  • Founder, Leemans Kevin Jean Libert
  • Corporate purpose , de vennootschap wil de langdurige werklozen die tot de kansgroepen behoren een reële kans geven op duurzame tewerkstelling en dit via de organisatie van dienstv…
  • Founding capital , €12.500
+9 further facts

Analysis

Snowflake analysis

financial profile on 5 axes
Health44Profitability38Solvency21Growth32Stability100
47 / 100

Mixed profile: strong on stability, weaker on solvency.

All 5 axes are computed from data Checked has read.

Health 44
Profitability 38
Solvency 21
Growth 32
Stability 100

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL LEEDEC
Registered office
Wolvertemsesteenweg 348
1850 Grimbergen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.