Leefbaar Wonen-Kringloopcentrum
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 10-07-2026 at the NBB all 20 filings
Every figure per financial year
The operating result for 2025 is a loss of €29,355, after a profit of €593,899 in 2024.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 168 | 178 | 196 | 205 | 224 |
| full-time | 87 | 80 | 88 | 85 | 94 |
| part-time | 81 | 98 | 108 | 120 | 130 |
| in full-time equivalents | 135.3 | 139.2 | 155.8 | 160.8 | 174.9 |
| Average over the year, in full-time equivalents | 136.7 | 136.9 | 145.1 | 160.1 | 172.4 |
| On a permanent contract | 168 | 178 | 196 | 205 | 224 |
| Joined | 40 | 55 | 56 | 59 | 63 |
| Left | 37 | 45 | 38 | 50 | 44 |
| Training hours | 1,300 | 1,803 | 4,066 | 4,549 | 4,884 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | €1.8m | €1.7m | €1.5m |
| Mortgages, amount registered | €27,500 | €27,500 | €27,500 | €27,500 | €27,500 |
| Mortgage mandates | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m |
| Carrying value of the mortgaged assets | €2.4m | €2.3m | €2.2m | €2.2m | €2.1m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2.6m | €146,149 | €253,345 | €515,013 | €690,331 |
| Intangible fixed assets | €9,069 | €166 | €1,518 | €25,729 | €2,107 |
| Financial fixed assets | - | - | €10,000 | - | - |
| Depreciation and write-downs of the year | €367,334 | €390,792 | €353,936 | €397,007 | €505,160 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €9,575 | €10,250 | €11,073 | €10,847 | €10,331 |
| Other work by the auditor | - | - | - | - | €2,950 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2022 to 2025 · 37 entries · €12.3m awarded · €12.3m paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 10 | €3.6m | €3.7m |
| 2024 | 9 | €3.6m | €3.7m |
| 2023 | 9 | €2.8m | €2.7m |
| 2022 | 9 | €2.3m | €2.2m |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €6.0m | €7.1m | €8.3m | €9.8m | €10.5m | ▲ 7.5% |
| Turnover70 | €2.5m | €2.8m | €2.4m | €3.0m | €3.5m | €4.4m | €5.3m | €5.9m | ▲ 11.7% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €0.04m | -€0.01m | €0.09m | €0.07m | €0.04m | ▼ 36.9% |
| Membership fees, donations, legacies and grants73 | - | - | - | €2.8m | €3.3m | €3.7m | €4.2m | €4.3m | ▲ 3.5% |
| Other operating income74 | - | - | - | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | ▼ 11.3% |
| Non-recurring operating income76A | - | - | - | €0.007m | €0.2m | €0.01m | €0.02m | €0.03m | ▲ 65.9% |
| Operating charges60/66A | - | - | - | €6.2m | €6.9m | €8.1m | €9.2m | €10.5m | ▲ 14.8% |
| Goods for resale, raw materials and consumables60 | - | - | - | €0.03m | €0.04m | €0.09m | €0.09m | €0.1m | ▲ 27.3% |
| Purchases600/8 | - | - | - | €0.03m | €0.04m | €0.09m | €0.09m | €0.1m | ▲ 27.3% |
| Services and other goods61 | - | - | - | €1.7m | €1.7m | €2.0m | €2.2m | €2.8m | ▲ 26.7% |
| Remuneration, social security and pensions62 | - | - | - | €3.8m | €4.7m | €5.6m | €6.4m | €7.2m | ▲ 11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 27.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €0.02m | -€0.001m | -€472 | ▲ 60.0% |
| Other operating charges640/8 | - | - | - | €0.03m | €0.03m | €0.02m | €0.03m | €0.03m | ▲ 10.5% |
| Non-recurring operating charges66A | - | - | - | €0.2m | - | - | - | €0.01m | - |
| Operating profit (loss)9901 | -€0.08m | €0.2m | €0.3m | -€0.1m | €0.2m | €0.3m | €0.6m | -€0.03m | - |
| Financial income75/76B | - | - | - | €0.004m | €0.003m | €0.004m | €0.04m | €0.03m | ▼ 21.6% |
| Recurring financial income75 | €0.001m | €0.03m | €0.001m | €0.004m | €0.003m | €0.004m | €0.04m | €0.03m | ▼ 21.6% |
| Income from current assets751 | - | - | - | - | - | €0.002m | €0.03m | €0.02m | ▼ 33.0% |
| Other financial income752/9 | - | - | - | €0.004m | €0.003m | €0.002m | €0.006m | €0.008m | ▲ 38.5% |
| Financial charges65/66B | - | - | - | €0.03m | €0.04m | €0.03m | €0.05m | €0.06m | ▲ 22.7% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.03m | €0.04m | €0.03m | €0.05m | €0.06m | ▲ 22.7% |
| Debt charges650 | €0.006m | €0.005m | €0.005m | €0.01m | €0.02m | €0.01m | €0.01m | €0.02m | ▲ 33.9% |
| Other financial charges652/9 | - | - | - | €0.02m | €0.03m | €0.02m | €0.03m | €0.04m | ▲ 18.0% |
| Profit (loss) for the period before taxes9903 | -€0.1m | €0.2m | €0.3m | -€0.2m | €0.2m | €0.2m | €0.6m | -€0.06m | - |
| Profit (loss) for the period9904 | -€0.02m | €0.2m | €0.3m | -€0.2m | €0.2m | €0.2m | €0.6m | -€0.06m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.02m | €0.2m | €0.3m | -€0.2m | €0.2m | €0.2m | €0.6m | -€0.06m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.4m | €3.7m | €3.8m | €5.8m | €6.1m | €6.4m | €6.9m | €7.1m | ▲ 1.7% |
| Formation expenses20 | €0 | €0 | €0 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €1.8m | €1.7m | €1.7m | €3.8m | €3.6m | €3.5m | €3.7m | €3.8m | ▲ 5.0% |
| Intangible fixed assets21 | €0 | €0 | €0.01m | €0.02m | €0.01m | €0.008m | €0.02m | €0.02m | ▼ 23.7% |
| Tangible fixed assets22/27 | €1.8m | €1.7m | €1.7m | €3.8m | €3.6m | €3.5m | €3.6m | €3.8m | ▲ 5.2% |
| Land and buildings22 | - | - | - | €3.5m | €3.3m | €3.1m | €3.0m | €2.9m | ▼ 3.0% |
| Plant, machinery and equipment23 | - | - | - | €0.2m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 19.7% |
| Furniture and vehicles24 | - | - | - | €0.05m | €0.1m | €0.08m | €0.3m | €0.4m | ▲ 17.7% |
| Leasing and similar rights25 | - | - | - | €0.07m | €0.04m | €0.02m | €0.008m | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.02m | €0.1m | €0.1m | €0.3m | ▲ 157% |
| Assets under construction and advance payments27 | - | - | - | €0 | €0 | €0 | - | - | - |
| Financial fixed assets28 | €0.002m | €0.002m | €0.002m | €0.001m | €0.001m | €0.03m | €0.03m | €0.03m | ▲ 0.6% |
| Participating interests280 | - | - | - | €0 | - | - | - | - | - |
| Amounts receivable281 | - | - | - | €0 | - | - | - | - | - |
| Participating interests282 | - | - | - | €0 | - | - | - | - | - |
| Amounts receivable283 | - | - | - | €0 | - | - | - | - | - |
| Other financial fixed assets284/8 | - | - | - | €0.001m | €0.001m | €0.03m | €0.03m | €0.03m | ▲ 0.6% |
| Shares284 | - | - | - | €0 | €0 | €0.01m | €0.01m | €0.01m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.001m | €0.001m | €0.02m | €0.02m | €0.02m | ▲ 0.9% |
| Current assets29/58 | €1.6m | €2.1m | €2.1m | €2.0m | €2.5m | €2.9m | €3.3m | €3.2m | ▼ 1.9% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Trade receivables290 | - | - | - | €0 | €0 | €0 | - | - | - |
| Other amounts receivable291 | - | - | - | €0 | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Stocks and contracts in progress3 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | €0.4m | ▲ 11.7% |
| Stocks30/36 | - | - | - | €0.2m | €0.2m | €0.3m | €0.4m | €0.4m | ▲ 11.7% |
| Raw materials and consumables30/31 | - | - | - | €0 | - | - | - | - | - |
| Work in progress32 | - | - | - | €0 | - | - | - | - | - |
| Finished goods33 | - | - | - | €0 | - | - | - | - | - |
| Goods purchased for resale34 | - | - | - | €0.2m | €0.2m | €0.3m | €0.4m | €0.4m | ▲ 11.7% |
| Property held for sale35 | - | - | - | €0 | - | - | - | - | - |
| Advance payments36 | - | - | - | €0 | - | - | - | - | - |
| Contracts in progress37 | - | - | - | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.4m | €0.3m | €0.3m | €0.4m | €0.5m | €0.8m | €0.6m | €0.3m | ▼ 43.6% |
| Trade receivables40 | - | - | - | €0.06m | €0.08m | €0.1m | €0.09m | €0.07m | ▼ 22.4% |
| Other amounts receivable41 | - | - | - | €0.3m | €0.4m | €0.7m | €0.5m | €0.3m | ▼ 47.4% |
| Current investments50/53 | €0.4m | €0.1m | €0.1m | €0.1m | €0.1m | €0.4m | €0.7m | €0.5m | ▼ 28.6% |
| Cash at bank and in hand54/58 | €0.7m | €1.5m | €1.4m | €1.2m | €1.6m | €1.3m | €1.6m | €1.9m | ▲ 21.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0.06m | €0.03m | €0.09m | €0.04m | €0.04m | ▲ 1.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.4m | €3.7m | €3.8m | €5.8m | €6.1m | €6.4m | €6.9m | €7.1m | ▲ 1.7% |
| Equity10/15 | €2.4m | €2.5m | €2.8m | €2.6m | €2.8m | €3.0m | €3.6m | €3.7m | ▲ 3.0% |
| Contributions10/11 | - | - | - | - | - | - | €0.01m | €0.02m | ▲ 67.8% |
| Capital10 | - | - | - | - | - | - | €0.01m | €0.02m | ▲ 67.8% |
| Reserves13 | - | - | - | €2.4m | €2.4m | €2.6m | €3.2m | €3.2m | ▲ 0.9% |
| Profit (loss) carried forward14 | €0.4m | €0.04m | €0.007m | €0.003m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 57.2% |
| Investment grants15 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 31.3% |
| Provisions and deferred taxes16 | €0.09m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | €0.01m | ▼ 91.8% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.01m | ▼ 91.8% |
| Major repairs and maintenance162 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.01m | ▼ 91.8% |
| Amounts payable17/49 | €0.9m | €1.1m | €0.9m | €3.1m | €3.2m | €3.2m | €3.2m | €3.4m | ▲ 4.7% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.1m | €2.1m | €1.9m | €1.7m | €1.7m | €1.5m | ▼ 8.6% |
| Financial debts170/4 | - | - | - | €2.1m | €1.9m | €1.7m | €1.7m | €1.5m | ▼ 8.6% |
| Leasing and similar obligations172 | - | - | - | €0.05m | €0.03m | €0.01m | €0.003m | - | - |
| Credit institutions173 | - | - | - | €2.0m | €1.9m | €1.7m | €1.7m | €1.5m | ▼ 8.4% |
| Amounts payable within one year42/48 | €0.7m | €0.8m | €0.8m | €1.0m | €1.2m | €1.5m | €1.5m | €1.8m | ▲ 20.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 18.3% |
| Trade debts44 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.4m | €0.3m | €0.4m | ▲ 44.5% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.4m | €0.3m | €0.4m | ▲ 44.5% |
| Advances received on contracts in progress46 | - | - | - | €0.001m | €98 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.6m | €0.8m | €0.9m | €1.0m | €1.1m | ▲ 13.4% |
| Taxes450/3 | - | - | - | €0.02m | €0.03m | €0.02m | €0.03m | €0.04m | ▲ 19.4% |
| Remuneration and social security454/9 | - | - | - | €0.6m | €0.7m | €0.9m | €0.9m | €1.1m | ▲ 13.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.1m | €0.07m | €0.02m | €0.02m | ▼ 31.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.02m | €0.2m | €0.3m | -€0.2m | €0.2m | €0.2m | €0.6m | -€0.06m | - |
| + Depreciation and write-downs630 | €0.2m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 27.2% |
| Operating cash flow (approximation) | €0.2m | €0.5m | €0.6m | €0.2m | €0.6m | €0.6m | €1.0m | €0.4m | ▼ 54.6% |
| Investment in fixed assets (approximation) | - | -€0.2m | -€0.3m | -€2.5m | -€0.1m | -€0.3m | -€0.5m | -€0.7m | ▼ 27.5% |
| Change in cash | - | €0.8m | -€0.06m | -€0.2m | €0.4m | -€0.3m | €0.3m | €0.3m | ▲ 14.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 830 companies had the same profile as Leefbaar Wonen-Kringloopcentrum has now. Two years later, 96.5% were still going and 0.6% had gone bankrupt.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a small loss
That fits the bankruptcy probability of Leefbaar Wonen-Kringloopcentrum itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 830 companies, not a prediction for Leefbaar Wonen-Kringloopcentrum. 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.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 10-07-2026 | 2026-00286889 | |
| 31-12-2024 | abbreviated format | 25-04-2025 | 2025-00078211 | |
| 31-12-2023 | abbreviated format | 12-07-2024 | 2024-00239624 | |
| 31-12-2022 | abbreviated format | 27-06-2023 | 2023-00163426 | |
| 31-12-2021 | abbreviated format | 07-07-2022 | 2022-20158511 | |
| 31-12-2020 | abbreviated format | 19-07-2021 | 2021-37000394 | |
| 31-12-2019 | abbreviated format | 22-07-2020 | 2020-32400582 | |
| 31-12-2018 | abbreviated format | 05-07-2019 | 2019-29200137 | |
| 31-12-2017 | abbreviated format | 21-08-2018 | 2018-48300330 | |
| 31-12-2016 | abbreviated format | 27-07-2017 | 2017-36300057 |