Leo Construct

Active

Private limited companyfounded 201510 yrs activePioenenlaan 4, 1500 Halle, BelgiumKBO/BCE: BE 0643.821.662

Leo Construct has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €146k and a net result of €29k. Equity is growing by ~25.4% per year across the filed fiscal years. Its solvency ranks better than 68% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Watch Print / PDF

Checked score

Score 2024

93 / 100

Excellent▼ -7 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability98▼-2

Solvency98▲+1

Growth52=

Stability100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €14k at 30 days acceptable

Liquidity ample (current ratio 2.29 against 2.11 in 2023), and 40.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-11-2025, 102 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

102 d late

2023

59 d late

2022

76 d late

2021

72 d late

2020

44 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€146k▲ 24.5%

2023 · €117k

2020: €57k 2021: €98k 2022: €86k 2023: €117k

2020 → 2024

Total assets

€244k▲ 17.8%

2023 · €207k

2020: €106k 2021: €145k 2022: €205k 2023: €207k

2020 → 2024

Net result

€29k▼ 8.5%

2023 · €31k

2020: €38k 2021: €41k 2022: €-13k 2023: €31k

2020 → 2024

Working capital

€114k▲ 47.8%

2023 · €77k

2020: €59k 2021: €53k 2022: €39k 2023: €77k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€57k-€98k▲ 72.1%€86k▼ 12.8%€117k▲ 36.5%€146k▲ 24.5%

Operating result€54k-€58k▲ 7.9%€-9k€42k€46k▲ 10.3%

Net result€38k-€41k▲ 9.4%€-13k€31k€29k▼ 8.5%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 10% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €244k

17.1%

82.9%

Fixed assets €42k▼ 31.1%

Current assets €202k▲ 38.0%

Equity and liabilities €244k

59.7%

40.3%

Equity €146k▲ 24.5%

Debt €98k▲ 9.1%

The debt ratio falls from 43.5% to 40.3%: equity grows faster than debt.

Key figures and ratios

2024 value · change against 2023

EBITDA

€71k▲

2023 · €70k

Cash flow

€53k▼

2023 · €59k

Solvency

59.7%▲

2023 · 56.5%

Current ratio

2.29▲

2023 · 2.11

Quick ratio

2.29▲

2023 · 2.11

Debt / equity

0.67▼

2023 · 0.77

ROE

19.7%▼

2023 · 26.8%

ROA

11.7%▼

2023 · 15.1%

Interest coverage

6.83▼

2023 · 15.32

Debt

€98k▲

2023 · €90k

Debt ≤ 1 year

€89k▲

2023 · €70k

Debt > 1 year

€7k▼

2023 · €18k

Income taxes

€15k▲

2023 · €11k

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€207k€244k▲

Fixed assets21/28€61k€42k▼

Tangible fixed assets22/27€60k€41k▼

Plant, machinery and equipment23€11k€10k▼

Furniture and vehicles24€49k€31k▼

Financial fixed assets28€480€480=

Current assets29/58€147k€202k▲

Amounts receivable within one year40/41€134k€195k▲

Trade receivables40€17k€40k▲

Other amounts receivable41€117k€155k▲

Cash at bank and in hand54/58€7k€3k▼

Deferred charges and accrued income490/1€6k€5k▼

Equity and liabilities

Total equity and liabilities10/49€207k€244k▲

Equity10/15€117k€146k▲

Contributions10/11€1k€1k=

Reserves13€51k€79k▲

Distributable reserves133€51k€79k▲

Profit (loss) carried forward14€66k€66k▲

Amounts payable17/49€90k€98k▲

Amounts payable after more than one year17€18k€7k▼

Financial debts170/4€18k€7k▼

Amounts payable within one year42/48€70k€89k▲

Current portion of amounts payable after more than one year42€11k€11k=

Financial debts43€25k€25k=

Credit institutions430/8€25k€25k=

Trade debts44€19k€32k▲

Suppliers440/4€19k€32k▲

Taxes, remuneration and social security45€15k€20k▲

Taxes450/3€15k€20k▲

Accrued charges and deferred income492/3€2k€3k▲

Income statement Code20232024

Non-recurring operating income76A€4k€7k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€24k▼

Other operating charges640/8€2k€3k▲

Non-recurring operating charges66A€1k-

Gross operating margin9900€73k€74k▲

Operating profit (loss)9901€42k€46k▲

Financial income75/76B€5k€7k▲

Recurring financial income75€5k€7k▲

Financial charges65/66B€5k€10k▲

Recurring financial charges65€5k€10k▲

Profit (loss) for the period before taxes9903€43k€44k▲

Income taxes67/77€11k€15k▲

Profit (loss) for the period9904€31k€29k▼

Profit (loss) for the period to be appropriated9905€31k€29k▼

Appropriation of the result

Profit (loss) to be appropriated9906€96k€94k▼

Profit (loss) brought forward from the previous period14P€65k€66k▲

Transfer to equity691/2€31k€29k▼

To other reserves6921€31k€29k▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 9Financial 4Filings 5

2025

10-11

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 102 days late

2024

28-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 59 days late

2023

31-12

Financial Back to profitnet €31k

Net result €31k after one loss-making year.

31-12

Financial Equity above €100kEq €117k ▲36.5%

Equity rises from €86k to €117k.

15-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 76 days late

2022

31-12

Financial Weakest financial yearnet €-13k ▼131%

Net result drops to €-13k, the lowest in the series; recovery starts the following year.

11-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 72 days late

2021

31-12

Financial Highest result since 2020net €41k ▲9.4%

Operating result €58k, net result €41k, both a record.

13-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 44 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

25 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, Halle · 1 establishment unit since 2015

establishment The establishment unit on the map

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.

Pioenenlaan 41500 Halle

Ground area

252 m²

Building footprint

188 m²

Volume, LiDAR

1,131 m³