LEEMANS
ActiveSummary
LEEMANS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133,342 and a net result of -€5,743. Equity is shrinking by ~4.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability30▼-39
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 13.58 against 3.69 in 2024; short-term debt: 2.6% and cash: 33.6% of total assets), and 2.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.4%
Return on assets
-4.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
50 d early
2023
50 d early
2022
62 d early
2021
59 d early
2020
46 d early
2019
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 52 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€133,342▼ 4.1%
2024 · €139,085
Total assets
€136,880▼ 17.1%
2024 · €165,125
Net result
-€5,743
2024 · €107
Working capital
€44,518▼ 36.5%
2024 · €70,099
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€15,538▼ 5.5%€13,670▼ 12.0%€8,452▼ 38.2%€266▼ 96.9%-€5,591
Net result€10,312▲ 1.1%€9,031▼ 12.4%€5,553▼ 38.5%€107▼ 98.1%-€5,743
Equity€170,442▲ 6.4%€179,473▲ 5.3%€185,026▲ 3.1%€139,085▼ 24.8%€133,342▼ 4.1%
Total assets€176,882▼ 6.0%€185,272▲ 4.7%€189,630▲ 2.4%€165,125▼ 12.9%€136,880▼ 17.1%
Debt€6,440▼ 77.0%€5,799▼ 10.0%€4,605▼ 20.6%€26,040▲ 466%€3,538▼ 86.4%
Working capital€133,056▲ 9.6%€136,370▲ 2.5%€132,452▼ 2.9%€70,099▼ 47.1%€44,518▼ 36.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,591 after €266 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136,880
Fixed assets
€88,824 ▲ 28.8%
Current assets
€48,056 ▼ 50.0%
Equity and liabilities €136,880
Equity
€133,342 ▼ 4.1%
Debt
€3,538 ▼ 86.4%
Debt's share of the balance-sheet total falls from 15.8% to 2.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€304▼
2024 · €5,214
Cash flow
€153▼
2024 · €5,055
Current ratio
13.58▲
2024 · 3.69
Debt to equity
0.03▼
2024 · 0.19
ROE
-4.3%▼
2024 · 0.1%
ROA
-4.2%▼
2024 · 0.1%
Interest coverage
2.00▼
2024 · 43.45
Debt ≤ 1 year
€3,538▼
2024 · €26,040
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,304 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,307 | €1,528 | €2,090 | €4,948 | €5,896 | ▲ 19.2% |
| Other operating charges640/8 | - | €2,552 | €2,614 | €2,865 | €2,991 | ▲ 4.4% |
| Gross operating margin9900 | €19,378 | €17,750 | €13,155 | €8,079 | €3,295 | ▼ 59.2% |
| Operating profit (loss)9901 | €15,538 | €13,670 | €8,452 | €266 | -€5,591 | ▼ 2,201% |
| Financial charges65/66B | - | €120 | €120 | €120 | €152 | ▲ 26.5% |
| Recurring financial charges65 | €66 | €120 | €120 | €120 | €152 | ▲ 26.5% |
| Profit (loss) for the period before taxes9903 | €15,473 | €13,550 | €8,332 | €146 | -€5,743 | ▼ 4,032% |
| Income taxes67/77 | €5,160 | €4,519 | €2,779 | €39 | - | - |
| Profit (loss) for the period9904 | €10,312 | €9,031 | €5,553 | €107 | -€5,743 | ▼ 5,463% |
| Profit (loss) for the period to be appropriated9905 | €10,312 | €9,031 | €5,553 | €107 | -€5,743 | ▼ 5,463% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €176,882 | €185,272 | €189,630 | €165,125 | €136,880 | ▼ 17.1% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €37,386 | €43,102 | €52,574 | €68,986 | €88,824 | ▲ 28.8% |
| Intangible fixed assets21 | - | - | - | €961 | €733 | ▼ 23.7% |
| Tangible fixed assets22/27 | €37,386 | €43,102 | €52,574 | €68,025 | €88,091 | ▲ 29.5% |
| Land and buildings22 | - | €38,622 | €43,908 | €42,129 | €40,351 | ▼ 4.2% |
| Plant, machinery and equipment23 | - | €4,481 | €8,666 | €19,858 | €17,723 | ▼ 10.8% |
| Other tangible fixed assets26 | - | - | - | €6,037 | €30,016 | ▲ 397% |
| Current assets29/58 | €139,496 | €142,170 | €137,056 | €96,139 | €48,056 | ▼ 50.0% |
| Amounts receivable after more than one year29 | - | - | €25,000 | €3,127 | - | - |
| Other amounts receivable291 | - | - | €25,000 | €3,127 | - | - |
| Amounts receivable within one year40/41 | - | - | €1,888 | €1,962 | €2,018 | ▲ 2.9% |
| Trade receivables40 | - | - | €1,888 | €1,962 | €2,018 | ▲ 2.9% |
| Cash at bank and in hand54/58 | €139,496 | €142,170 | €110,168 | €91,050 | €46,038 | ▼ 49.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €176,882 | €185,272 | €189,630 | €165,125 | €136,880 | ▼ 17.1% |
| Equity10/15 | €170,442 | €179,473 | €185,026 | €139,085 | €133,342 | ▼ 4.1% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €108,442 | €117,473 | €123,026 | €77,085 | €77,085 | = |
| Non-distributable reserves130/1 | - | €10,006 | €10,006 | €10,006 | €10,006 | = |
| Legal reserve130 | - | €10,006 | €10,006 | €10,006 | €10,006 | = |
| Tax-exempt reserves132 | - | €5,893 | €5,893 | €5,893 | €5,893 | = |
| Distributable reserves133 | - | €101,573 | €107,126 | €61,185 | €61,185 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€5,743 | - |
| Amounts payable17/49 | €6,440 | €5,799 | €4,605 | €26,040 | €3,538 | ▼ 86.4% |
| Amounts payable within one year42/48 | €6,440 | €5,799 | €4,605 | €26,040 | €3,538 | ▼ 86.4% |
| Trade debts44 | - | - | €546 | €546 | €2,258 | ▲ 314% |
| Suppliers440/4 | - | - | €546 | €546 | €2,258 | ▲ 314% |
| Taxes, remuneration and social security45 | - | €4,519 | €2,779 | €2,341 | - | - |
| Taxes450/3 | - | €4,519 | €2,779 | €2,341 | - | - |
| Other amounts payable47/48 | - | €1,280 | €1,280 | €23,153 | €1,280 | ▼ 94.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,312 | €9,031 | €5,553 | €107 | -€5,743 | ▼ 5,463% |
| + Depreciation and write-downs630 | €1,307 | €1,528 | €2,090 | €4,948 | €5,896 | ▲ 19.2% |
| Operating cash flow (approximation) | €11,619 | €10,559 | €7,643 | €5,055 | €153 | ▼ 97.0% |
| Investment in fixed assets (approximation) | - | -€7,244 | -€11,561 | -€21,361 | -€25,734 | ▼ 20.5% |
| Change in cash | - | €2,673 | -€32,001 | -€19,119 | -€45,011 | ▼ 135% |
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
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet -€5,743
Net result drops to -€5,743, the lowest in the series.
30-06
Financial
Liquidity quadruplescurrent ratio 13.58
Current ratio from 3.69 to 13.58; short-term debt falls from €26,040 to €3,538.
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
03-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €10,312 ▲1.1%
Net result €10,312, the highest in the series.
30-06
Financial
Liquidity quadruplescurrent ratio 21.66
Current ratio from 5.33 to 21.66; short-term debt falls from €28,027 to €6,440.
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Merchtem · 1 establishment unit since 1990
Ground area
2,244 m²
Building footprint
465 m²
Volume, LiDAR
2,506 m³
2 parcels, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LEEMANS
since 19902.050.060.257
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23080D0352/00X000 | Flanders | 1,912 m² | 1 · 207 m² | 10.5 m · 1 fl. |
| 23602K0082/02R000 | Flanders | 332 m² | 1 · 258 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded10-08-1990
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441668714
Also
9925:BE0441668714
Registered
12-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.