LEEFLANK
ActiveSummary
LEEFLANK has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €203k and a net result of €-13k. Equity is growing by ~23.5% per year across the filed fiscal years. Its solvency ranks better than 84% of 108 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▼-6
Solvency78▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.72 in 2024; short-term debt: 47.3% and cash: 0.9% of total assets), and 47.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 11
Relative position
BE, all sectors
reference
Manufacture of beverages (NACE 11)
about 8% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
28 d early
2024
50 d early
2023
55 d early
2022
100 d early
2021
4 d early
2020
30 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€203k▼ 6.0%
2024 · €216k
2018: €5klowest in 8 years
2019: €39k▲ +753% vs 2018
2020: €65k▲ +64.3% vs 2019
2021: €107k▲ +65.8% vs 2020
2022: €187k▲ +74.2% vs 2021
2023: €207k▲ +10.7% vs 2022
2024: €216k▲ +4.4% vs 2023highest in 8 years
2025: €203k▼ -6.0% vs 2024
2018 → 2025
Total assets
€384k▼ 9.3%
2024 · €424k
2018: €91klowest in 8 years
2019: €288k▲ +216% vs 2018
2020: €277k▼ -4.0% vs 2019
2021: €336k▲ +21.4% vs 2020
2022: €425k▲ +26.5% vs 2021highest in 8 years
2023: €420k▼ -1.3% vs 2022
2024: €424k▲ +0.9% vs 2023
2025: €384k▼ -9.3% vs 2024
2018 → 2025
Net result
€-13k
2024 · €9k
2018: €-12k
2019: €5k▲ +140% vs 2018
2020: €25k▲ +436% vs 2019
2021: €53k▲ +108% vs 2020highest in 8 years
2022: €39k▼ -24.9% vs 2021
2023: €20k▼ -49.4% vs 2022
2024: €9k▼ -54.3% vs 2023
2025: €-13k▼ -242% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-27k▲ 53.2%
2024 · €-58k
2018: €-78k
2019: €-127k▼ -63.2% vs 2018lowest in 8 years
2020: €-108k▲ +14.7% vs 2019
2021: €-89k▲ +17.4% vs 2020
2022: €-83k▲ +6.8% vs 2021
2023: €-77k▲ +7.4% vs 2022
2024: €-58k▲ +24.2% vs 2023
2025: €-27k▲ +53.2% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€107k-€187k▲ 74.2%€207k▲ 10.7%€216k▲ 4.4%€203k▼ 6.0%
2021: €107klowest in 5 years
2022: €187k▲ +74.2% vs 2021
2023: €207k▲ +10.7% vs 2022
2024: €216k▲ +4.4% vs 2023highest in 5 years
2025: €203k▼ -6.0% vs 2024
Operating result€53k-€45k▼ 14.8%€26k▼ 41.9%€12k▼ 54.0%€-13k
2021: €53khighest in 5 years
2022: €45k▼ -14.8% vs 2021
2023: €26k▼ -41.9% vs 2022
2024: €12k▼ -54.0% vs 2023
2025: €-13k▼ -206% vs 2024lowest in 5 years
Net result€53k-€39k▼ 24.9%€20k▼ 49.4%€9k▼ 54.3%€-13k
2021: €53khighest in 5 years
2022: €39k▼ -24.9% vs 2021
2023: €20k▼ -49.4% vs 2022
2024: €9k▼ -54.3% vs 2023
2025: €-13k▼ -242% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €13k after €12k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €384k
Fixed assets
€230k ▼ 16.1%
Current assets
€154k ▲ 3.2%
Equity and liabilities €384k
Equity
€203k ▼ 6.0%
Debt
€182k ▼ 12.6%
Debt's share of the balance-sheet total falls from 49.1% to 47.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€30k▼
2024 · €52k
Cash flow
€30k▼
2024 · €49k
Current ratio
0.85▲
2024 · 0.72
Quick ratio
0.03▼
2024 · 0.18
Debt to equity
0.90▼
2024 · 0.96
ROE
-6.4%▼
2024 · 4.2%
ROA
-3.4%▼
2024 · 2.2%
Interest coverage
132.70▼
2024 · 173.17
Debt ≤ 1 year
€182k▼
2024 · €208k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€424k€384k▼
Fixed assets21/28€274k€230k▼
Tangible fixed assets22/27€272k€229k▼
Plant, machinery and equipment23€232k€195k▼
Furniture and vehicles24€40k€34k▼
Financial fixed assets28€2k€1k▼
Current assets29/58€150k€154k▲
Stocks and contracts in progress3€113k€149k▲
Stocks30/36€113k€149k▲
Amounts receivable within one year40/41€21k€2k▼
Trade receivables40€21k€2k▼
Cash at bank and in hand54/58€16k€4k▼
Equity and liabilities
Total equity and liabilities10/49€424k€384k▼
Equity10/15€216k€203k▼
Contributions10/11€120k€120k=
Outside capital11-€120k
Other1109/19-€120k
Reserves13€96k€96k=
Non-distributable reserves130/1-€1k
Legal reserve130-€1k
Distributable reserves133€96k€95k▼
Profit (loss) carried forward14-€-13k
Amounts payable17/49€208k€182k▼
Amounts payable within one year42/48€208k€182k▼
Trade debts44€5k€667▼
Suppliers440/4€5k€667▼
Taxes, remuneration and social security45€3k€1k▼
Taxes450/3€3k€1k▼
Other amounts payable47/48€200k€180k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€43k▲
Other operating charges640/8€2k€644▼
Gross operating margin9900€53k€31k▼
Operating profit (loss)9901€12k€-13k▼
Financial income75/76B€8€16▲
Recurring financial income75€8€16▲
Financial charges65/66B€299€227▼
Recurring financial charges65€299€227▼
Profit (loss) for the period before taxes9903€12k€-13k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€9k€-13k▼
Profit (loss) for the period to be appropriated9905€9k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-13k▼
Transfer to equity691/2€9k-
To other reserves6921€9k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €26k | €35k | €40k | €43k | ▲ 7.9% |
| Other operating charges640/8 | €468 | €604 | €516 | €2k | €644 | ▼ 60.8% |
| Gross operating margin9900 | €70k | €72k | €62k | €53k | €31k | ▼ 42.4% |
| Operating profit (loss)9901 | €53k | €45k | €26k | €12k | €-13k | ▼ 206% |
| Financial income75/76B | €1k | €49 | €439 | €8 | €16 | ▲ 95.6% |
| Recurring financial income75 | €1k | €49 | €439 | €8 | €16 | ▲ 95.6% |
| Financial charges65/66B | €1k | €840 | €475 | €299 | €227 | ▼ 24.1% |
| Recurring financial charges65 | €1k | €840 | €475 | €299 | €227 | ▼ 24.1% |
| Profit (loss) for the period before taxes9903 | €53k | €44k | €26k | €12k | €-13k | ▼ 210% |
| Income taxes67/77 | - | €5k | €6k | €3k | - | - |
| Profit (loss) for the period9904 | €53k | €39k | €20k | €9k | €-13k | ▼ 242% |
| Profit (loss) for the period to be appropriated9905 | €53k | €39k | €20k | €9k | €-13k | ▼ 242% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €336k | €425k | €420k | €424k | €384k | ▼ 9.3% |
| Fixed assets21/28 | €215k | €278k | €283k | €274k | €230k | ▼ 16.1% |
| Tangible fixed assets22/27 | €212k | €277k | €281k | €272k | €229k | ▼ 15.8% |
| Plant, machinery and equipment23 | €209k | €227k | €235k | €232k | €195k | ▼ 15.8% |
| Furniture and vehicles24 | €3k | €50k | €46k | €40k | €34k | ▼ 15.4% |
| Financial fixed assets28 | €3k | €1k | €2k | €2k | €1k | ▼ 53.4% |
| Current assets29/58 | €121k | €147k | €136k | €150k | €154k | ▲ 3.2% |
| Stocks and contracts in progress3 | €88k | €93k | €95k | €113k | €149k | ▲ 32.0% |
| Stocks30/36 | €88k | €93k | €95k | €113k | €149k | ▲ 32.0% |
| Amounts receivable within one year40/41 | €9k | €18k | €22k | €21k | €2k | ▼ 89.8% |
| Trade receivables40 | €9k | €18k | €20k | €21k | €2k | ▼ 89.8% |
| Other amounts receivable41 | - | - | €2k | - | - | - |
| Cash at bank and in hand54/58 | €24k | €34k | €20k | €16k | €4k | ▼ 78.3% |
| Deferred charges and accrued income490/1 | - | €2k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €336k | €425k | €420k | €424k | €384k | ▼ 9.3% |
| Equity10/15 | €107k | €187k | €207k | €216k | €203k | ▼ 6.0% |
| Contributions10/11 | €60k | €120k | €120k | €120k | €120k | = |
| Outside capital11 | - | - | - | - | €120k | - |
| Other1109/19 | - | - | - | - | €120k | - |
| Reserves13 | €47k | €67k | €87k | €96k | €96k | = |
| Non-distributable reserves130/1 | €1k | - | - | - | €1k | - |
| Legal reserve130 | - | - | - | - | €1k | - |
| Reserves not available under the articles1311 | €1k | - | - | - | - | - |
| Distributable reserves133 | €46k | €67k | €87k | €96k | €95k | ▼ 1.0% |
| Profit (loss) carried forward14 | - | - | - | - | €-13k | - |
| Amounts payable17/49 | €229k | €239k | €213k | €208k | €182k | ▼ 12.6% |
| Amounts payable after more than one year17 | €19k | €9k | - | - | - | - |
| Financial debts170/4 | €19k | €9k | - | - | - | - |
| Amounts payable within one year42/48 | €210k | €230k | €213k | €208k | €182k | ▼ 12.6% |
| Current portion of amounts payable after more than one year42 | €10k | €10k | €9k | - | - | - |
| Trade debts44 | €18k | €10k | €10k | €5k | €667 | ▼ 87.7% |
| Suppliers440/4 | €18k | €10k | €10k | €5k | €667 | ▼ 87.7% |
| Taxes, remuneration and social security45 | €2k | €9k | €9k | €3k | €1k | ▼ 45.7% |
| Taxes450/3 | €2k | €9k | €5k | €3k | €1k | ▼ 45.7% |
| Remuneration and social security454/9 | - | - | €4k | - | - | - |
| Other amounts payable47/48 | €180k | €201k | €186k | €200k | €180k | ▼ 10.2% |
| Accrued charges and deferred income492/3 | €100 | €150 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53k | €39k | €20k | €9k | €-13k | ▼ 242% |
| + Depreciation and write-downs630 | €17k | €26k | €35k | €40k | €43k | ▲ 7.9% |
| Operating cash flow (approximation) | €69k | €66k | €55k | €49k | €30k | ▼ 38.8% |
| Investment in fixed assets (approximation) | - | €-89k | €-41k | €-30k | €1k | ▲ 104% |
| Change in cash | - | €10k | €-14k | €-3k | €-13k | ▼ 294% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €207k ▲10.7%
5 profitable years in a row build equity to €207k.
22-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €187k ▲74.2%
4 profitable years in a row build equity to €187k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €53k ▲108%
Operating result €53k, net result €53k, both a record.
31-12
Financial
Equity above €100kEq €107k ▲65.8%
3 profitable years in a row build equity to €107k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lede · 1 establishment unit since 2016
Ground area
9,514 m²
Building footprint
169 m²
Volume, LiDAR
2,074 m³
Parcel 41034B0615/00Z000, Flanders · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
LEEFLANK
since 20162.250.256.775
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41034B0615/00Z000 | Flanders | 9,514 m² | 1 · 169 m² | 14.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 128 EUR awarded · 128 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 128 EUR | 128 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteLede2.250.256.775
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Of 187 companies in sector 11020 we hold annual accounts for 73. 52 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
11020Manufacture of beverages
11050Manufacture of beer
Contact
E-mail
freevanryckeghem@hotmail.comLede
Scores and ratios are computed by Checked and are not a credit decision.