LENO CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of LENO CONSTRUCT is 2.0% (moderate). The 2024 annual accounts show equity of €51k and a net result of €-8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 51% of 36377 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency90▲+9
Growth52=
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.8 in 2023), but 52.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
47.5%
Return on assets
-7.7%
Age of the figures
20 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
5 d late
2022
25 d late
2021
30 d early
2020
40 d early
2019
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€51k▼ 13.9%
2023 · €59k
2018: €28k
2019: €51k
2020: €-18k
2021: €3k
2022: €31k
2023: €59k
2018 → 2024
Total assets
€107k▼ 25.4%
2023 · €143k
2018: €78k
2019: €150k
2020: €73k
2021: €65k
2022: €93k
2023: €143k
2018 → 2024
Net result
€-8k
2023 · €28k
2018: €44k
2019: €23k
2020: €-68k
2021: €21k
2022: €42k
2023: €28k
2018 → 2024
Working capital
€47k▼ 23.1%
2023 · €62k
2018: €29k
2019: €45k
2020: €-24k
2021: €16k
2022: €39k
2023: €62k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-18k-€3k€31k▲ 830%€59k▲ 89.9%€51k▼ 13.9%
Operating result€-65k-€25k€42k▲ 66.9%€39k▼ 9.2%€-7k
Net result€-68k-€21k€42k▲ 101%€28k▼ 33.6%€-8k
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 2024: a loss of €7k after €39k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €107k
Fixed assets
€6k▲ 26.3%
Current assets
€101k▼ 27.0%
Equity and liabilities €107k
Equity
€51k▼ 13.9%
Debt
€56k▼ 33.4%
The debt ratio falls from 58.9% to 52.5%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-6k▼
2023 · €40k
Cash flow
€-7k▼
2023 · €29k
Solvency
47.5%▲
2023 · 41.1%
Current ratio
1.88▲
2023 · 1.80
Quick ratio
1.88▲
2023 · 1.80
Debt / equity
1.11▼
2023 · 1.43
ROE
-16.2%▼
2023 · 47.3%
ROA
-7.7%▼
2023 · 19.5%
Interest coverage
-2.07▼
2023 · 14.83
Debt
€56k▼
2023 · €84k
Debt ≤ 1 year
€54k▼
2023 · €77k
Debt > 1 year
€2k▼
2023 · €7k
Income taxes
€0▼
2023 · €10k
Staff costs
€96k▼
2023 · €116k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€143k€107k▼
Fixed assets21/28€4k€6k▲
Tangible fixed assets22/27€3k€1k▼
Plant, machinery and equipment23€767€483▼
Furniture and vehicles24€2k€708▼
Financial fixed assets28€2k€4k▲
Current assets29/58€138k€101k▼
Amounts receivable within one year40/41€106k€57k▼
Trade receivables40€83k€18k▼
Other amounts receivable41€23k€39k▲
Cash at bank and in hand54/58€31k€39k▲
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€143k€107k▼
Equity10/15€59k€51k▼
Contributions10/11€6k€6k=
Reserves13€52k€52k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€51k€51k=
Profit (loss) carried forward14-€-8k
Amounts payable17/49€84k€56k▼
Amounts payable after more than one year17€7k€2k▼
Financial debts170/4€7k€2k▼
Amounts payable within one year42/48€77k€54k▼
Current portion of amounts payable after more than one year42€5k€5k▼
Financial debts43€7k€7k=
Credit institutions430/8€7k€7k=
Trade debts44€58k€39k▼
Suppliers440/4€58k€39k▼
Advances received on contracts in progress46€3k€0▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€2k€0▼
Remuneration and social security454/9€700€2k▲
Accrued charges and deferred income492/3€108€72▼
Income statement
Code20232024
Remuneration, social security and pensions62€116k€96k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€384€480▲
Gross operating margin9900€157k€91k▼
Operating profit (loss)9901€39k€-7k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€38k€-8k▼
Income taxes67/77€10k€0▼
Profit (loss) for the period9904€28k€-8k▼
Profit (loss) for the period to be appropriated9905€28k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€-8k▼
Transfer to equity691/2€28k€0▼
To other reserves6921€28k€0▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-68k ▼399%
Net result drops to €-68k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bosniëstraat 871060 Sint-Gillis (bij-Brussel)Ground area
112 m²
Building footprint
149 m²
Volume, LiDAR
1,827 m³
Parcel 21562A0233/00C005, Brussels · tallest building 19.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
LENO CONSTRUCT
since 20052.147.703.922
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0233/00C005 | Brussels | 112 m² | 1 · 149 m² | 19.7 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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DEKOR-MAX
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AB-INTERNI
BE 0725.739.746
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Schilderwerken Pieter Rombaut
BE 0721.433.144
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Of 7,814 companies in sector 43341 we hold annual accounts for 2,639. 2,294 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-2005
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43990Other specialised construction activities
43999Specialised construction activities
45250
45441
43120Site preparation
43230Insulation installation
43291Specialised construction activities
43310Plastering work
43320Joinery installation
43350Other building finishing work
45112
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.