LEISURE FUND
ActiveSummary
LEISURE FUND has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€18,771) and a net result of -€28,296. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 16% of 11,259 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 28-11-2019 Normal situation
- Registered office
- 17 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Development of residential building projects NACE 68121and 2 others
- Establishment unit
- 2.296.236.854 8660 De Panne, since 28-11-2019
- Financial year end
- 30 September
- Peppol
- Reachable since 27-10-2025
Board and ownership
- Koentekraafs BVDirector
- Moeder Lambik BVDirector
- KOENTEKRAAFS50%· score 952025 annual accounts of KOENTEKRAAFS
- MOEDER LAMBIK50%· score 542025 annual accounts of MOEDER LAMBIK
- Holdings
- Shares in 2 companies ASTORIA REAL ESTATE and Boutique Real Estate
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €177,315
- ▲ 87.8%
- Turnover
- ≈ €380,000
- estimated
- Loss
- €28,296
- ▲ 14×
- Equity
- -€18,771
- Total assets
- €3.9m
- ▲ 20.4%
- Negative equity on 30-09-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€18,771lowers riskSize: total assets €3.9mFigures for financial year 2025 (filed on 29-04-2026)Sector: Real estate activities (NACE 68)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, small). It does better than 14% of them on solvency, 82% on liquidity, 18% on profitability and 2% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
The company filed its last 5 accounts on average 1 day before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€18,771 View
- Caution: Less equity than 85% of companies in real estatesector median €301,074 · 11,264 companies -€18,771 View
- Caution: 2 loss-making years in a rowloss in financial year 2025 -€28,296 View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
Recent changes
- · Gazette deed Registered office moved within De Panne
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as LEISURE FUND: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3.9m and €4.5m, founded between 2018 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| LEISURE FUND De Panne | €3.9m | €0.2m |
| Qualis Real Estate Leuven | €3.9m | €0.1m |
| CLIA & Co. Elsene | €4.0m | €0.1m |
| VIVET PROJECTS Hasselt | €4.3m | €0.2m |
| CLIQUE INVEST Kapellen | €3.9m | €0.1m |
| Irys Invest Namur | €4.5m | €0.3m |
| EMIE-PLUS Ukkel | €4.2m | €0.1m |
Key facts about LEISURE FUND
- What is the company number of LEISURE FUND?
- The company number of LEISURE FUND is 0738.544.043. The VAT number is the same number with BE in front: BE 0738.544.043.
- Where is LEISURE FUND based?
- The registered office is at Bonzellaan 16, 8660 De Panne.Company details
- What does LEISURE FUND do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of LEISURE FUND?
- The legal form of LEISURE FUND is Private limited company (BV).
- When was LEISURE FUND founded?
- LEISURE FUND was founded on 28-11-2019.
- Is LEISURE FUND still active?
- Yes, LEISURE FUND is an active enterprise in the KBO register.
- What is the turnover of LEISURE FUND?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €177,315 and 33 comparable companies (NACE 681). It probably lies between €240,000 and €870,000.Financials
- Is LEISURE FUND profitable?
- In financial year 2025, LEISURE FUND made a loss of €28,296.
- Where can I find the annual accounts of LEISURE FUND?
- LEISURE FUND filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LEISURE FUND due?
- LEISURE FUND must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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