Result
€68,390 ▲ 34×
The result rose in 2025 from €1,984 to €68,390.
LEENDERS & ZN
Lifetime
20 annual accounts with figures on one time axis, 27 filings since 1999peak €201,453 (2025)
€201,453▲ 85.5%
lowest -€16,237 (2021)
€68,390▲ 34×
peak €148,354 (2025)
€148,354▲ 85.5%
€109,928▼ 16.3%
peak 2 FTE (2011)
-not published
Board2 names since 2020
2 directorsLEENDERS Maarten and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €108,574 to €201,453Result from €1,984 to €68,390Equity from €79,964 to €148,354Debts from €131,285 to €109,928
Key points
from the 2025 annual accountsTurnover
≈ €750,000 estimated
The micro format states no turnover.
Staff
2 employees on 31-12-2025
In 2025, 5 people joined and 5 left.
Liquidity
2.22 was 1.60 in 2024
Short-term debts fell from €98,219 to €86,395.
Filings
27 annual accounts since 1999
Seven of the last ten came late. The 2025 accounts came latest: 31 days after the end of the period.
Position in the sector
€68,390
Higher net result than 91% of companies in specialised construction. Sector median €10,196 · 35,062 companies.
Checked score
69
Healthy
Financially stronger than 68% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,695 companies (NACE 43, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.9%▲ +0.1 percentage points vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.8%▼ -0.1 percentage points vs 05-2025
07-2025: 1.0%▲ +0.2 percentage points vs 06-2025
08-2025: 1.5%▲ +0.5 percentage points vs 07-2025highest value
09-2025: 0.8%▼ -0.7 percentage points vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.7%▼ -0.1 percentage points vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.8%▲ +0.1 percentage points vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.7%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 0.8%▲ +0.1 percentage points vs 06-2026
08-2026: 1.5%▲ +0.7 percentage points vs 07-2026
09-2026: 0.8%▼ -0.7 percentage points vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 2.22, cash €3,908
lowers risk
Founded in 1999
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 63% of them on solvency, 26% on liquidity, 92% on profitability and 90% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as LEENDERS & ZN has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LEENDERS & ZN itself is higher: 0.8% within 12 months. It rests on far more data about LEENDERS & ZN than the profile alone.
Test of the method
The method was tested on the 497,447 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 31,368 companies, not a prediction for LEENDERS & ZN. 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 of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.22 (1.6 in 2024), above the usual 1.5. Short-term debt is 33.4% and cash 1.5% of total assets. 42.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €148,354
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
29 days late
2023
27 days late
2022
30 days late
2021
29 days late
2020
25 days late
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
2 managers resigning, 2 directors reappointed
Resignations: LEENDERS Erwin Joseph Fernand (manager) and LEENDERS Maarten (manager) · Reappointments: LEENDERS Erwin Joseph Fernand (director) and LEENDERS Maarten (director) · Director discharge: LEENDERS Erwin Joseph Fernand · Gazette deed
Registered office moved from Bilzen to Lanaken
New registered office: Seringenstraat 2, 3620 Lanaken · Previous registered office: BERENBROEKSTRAAT 13, 3740 BILZEN · General meeting of 28-12-2020 · Gazette deed
Registered office moved from Lanaken to Bilzen
New registered office: Berenbroekstraat 13, 3740 Bilzen · Previous registered office: SERINGENSTRAAT 2, 3620 LANAKEN · Appointment: Leenders Maarten (director) · General meeting of 21-09-2020 · Gazette deed
First establishment
Seringenstraat 2, Lanaken
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LEENDERS & ZN Lanaken | €258,282 | €201,453 | 57.4% | - |
| Crijns Zonhoven | €210,962 | €193,332 | 56.2% | - |
| EASY WINDOW Bree | €270,417 | €249,465 | 66.8% | - |
| MENUISERIE JSM.SERVICES Villers-le-Bouillet | €249,833 | €209,164 | 47.5% | - |
| MENUISERIE TIMMERMANS Saint-Georges-sur-Meuse | €265,517 | €201,157 | 72.3% | - |
| I.D. INTERIEUR Oostkamp | €295,604 | €218,781 | 49.3% | - |
| MENUISERIE MACQUART FRERES Anhée | €234,835 | €176,283 | 36.6% | - |
These companies have the same main activity as LEENDERS & ZN: joinery installation (NACE 43320). They are comparable in size and age: total assets between €211,000 and €296,000, founded between 1996 and 2001.
Official details
Source: KBO- Status
- Active since 19-03-1999Normal situation
- Activity
- Joinery installationNACE 43320and 4 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.097.167.9123620 Lanaken, since 10-03-2000
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on LEENDERS & ZN
LEENDERS & ZN files the micro format. That format states no turnover. The gross margin rose from €44,295 in 2006 to €201,453 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LEENDERS & ZN
- What is the company number of LEENDERS & ZN?
- The company number of LEENDERS & ZN is 0465.685.716. The VAT number is the same number with BE in front: BE 0465.685.716.
- Where is LEENDERS & ZN based?
- The registered office is at Seringenstraat 2, 3620 Lanaken.Company details
- What does LEENDERS & ZN do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of LEENDERS & ZN?
- LEENDERS & ZN is a private limited company (BV).
- When was LEENDERS & ZN founded?
- LEENDERS & ZN was founded on 19-03-1999.
- Is LEENDERS & ZN still active?
- Yes, LEENDERS & ZN is an active enterprise in the KBO register.
- How many employees does LEENDERS & ZN have?
- LEENDERS & ZN had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LEENDERS & ZN fall under?
- In its 2024 annual accounts, LEENDERS & ZN states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of LEENDERS & ZN?
- The turnover in financial year 2025 is ≈ €750,000. This figure is estimated from the gross margin of €201,453 and 36 comparable companies (NACE 43320). It probably lies between €530,000 and €1.0m.
- Is LEENDERS & ZN profitable?
- In financial year 2025, LEENDERS & ZN made a profit of €68,390.
- Where can I find the annual accounts of LEENDERS & ZN?
- LEENDERS & ZN filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LEENDERS & ZN due?
- LEENDERS & ZN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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