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LEO

Active
Private limited companyfounded 2002active for 24 yearsHerfstlaan 5, 8200 Brugge, BelgiumKBO/BCE: BE 0476.836.558
Summary

The computed 12-month bankruptcy probability of LEO is 5.1% (elevated). The 2025 annual accounts show negative equity (-€61,287) and a net result of -€63,522. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 4,295 sector peers (NACE 74, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Translation services
NACE 74301
1 site
Size
€0turnover 2025
Equity
-€61,287
Loss
-€63,522
Financial health
34 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.1%
Structure
  • MPMManaging director · permanent representative Christophe DE CLERCQ
Accounts filed 2 days late3 of 8 deeds read
Why 34raises risk2 changes of registered office in 24 monthsNegative equity -€61,287Loss of €63,522, the second in a row (financial year 2025)lowers riskSize: turnover €0, total assets €100,217Show the evidence

Checked score

Score 2025
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 6% of its sector peers (NACE 74, micro)
Financial strength · tick = 2024
Weak
Solvency 0-27
equity -61.2% of total assets
Liquidity 22+5
short-term debt 161.2% · cash 17.9%
Profitability 0-7
return on assets -63.4%
Bankruptcy probability, 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (5,409 companies, NACE 74, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024 02-2025: 0.6%▲ +0.3 percentage points vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.7%▲ +0.1 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.6%▼ -0.1 percentage points vs 11-2025 01-2026: 0.7%▲ +0.1 percentage points vs 12-2025 02-2026: 1.0%▲ +0.3 percentage points vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 0.9%▼ -0.1 percentage points vs 06-2026 08-2026: 5.2%▲ +4.3 percentage points vs 07-2026highest value 09-2026: 5.1%▼ -0.1 percentage points vs 08-2026 10-2026: 5.1%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.62, compared with 0.99 in 2024; short-term debt: 161.2% and cash: 17.9% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 74, micro): better than 6% on solvency, 13% on liquidity, 7% on profitability and 1% on growth.

The bankruptcy probability was computed on 10-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€61,287
NBB · annual accounts
lowers risk · Size: turnover €0, total assets €100,217
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €63,522, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€61,287
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
2 days late
2024
25 days early
2023
54 days early
2022
39 days early
2021
52 days early
2020
24 days early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 days before the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 23 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end11-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Registered office · Purpose · Amendment…Registered-office move · Purpose change…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Resignations: Jean-Paul TALBOT (director) and Christophe…Appointment: MPM (director) · Permanent…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€61,287 View
  • Caution: Turnover fell in 2025from €329,980 to €0 ▼ 100% View
  • Caution: Among the weakest 5% on net resultsector median €9,205 · 4,290 companies -€63,522 View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€63,522 View

By topic

Financials

Financial year
2025
Turnover
€0
Loss
-€63,522
Solvency
-61.2%
Turnover▼ 100%
Net result
20192025
Go to Financials

Timeline

Events
22
Since
2009
Next accounts
by 31-01-2027
  1. 30-06-2025Weakest financial year
  2. 06-01-2025Annual accounts filed
  3. 08-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Translation servicesNACE 74301
Founded
05-02-2002
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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