LEOCEL (0778.740.150): financials and annual accounts

LEOCEL

Watermael-Boitsfort ·KBO/BCE: BE 0778.740.150

Line	2025	2024	2023	2022
Balance sheet: assets
Total assets`20/58`	465,519	439,090	400,239	349,651
Fixed assets`21/28`	358,553	369,621	368,215	334,491
Tangible fixed assets`22/27`	358,553	369,621	368,215	334,491
Land and buildings`22`	356,261	367,630	365,678	333,417
Furniture and vehicles`24`	2,292	1,991	2,537	1,074
Current assets`29/58`	106,965	69,469	32,024	15,160
Amounts receivable within one year`40/41`	27,346	19,933	18,685	12,335
Trade receivables`40`	21,200	8,933	6,685	5,335
Other amounts receivable`41`	6,146	11,000	12,000	7,000
Cash at bank and in hand`54/58`	79,523	49,247	13,209	2,825
Deferred charges and accrued income`490/1`	96	289	130	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	465,519	439,090	400,239	349,651
Equity`10/15`	30,148	3,797	-26,289	-20,743
Contributions`10/11`	5,000	5,000	5,000	5,000
Profit (loss) carried forward`14`	25,148	-1,203	-31,289	-25,743
Amounts payable`17/49`	435,371	435,293	426,528	370,394
Amounts payable after more than one year`17`	375,007	383,132	373,669	10,000
Financial debts`170/4`	321,077	334,130	346,594	-
Other amounts payable`178/9`	53,930	49,002	27,075	10,000
Amounts payable within one year`42/48`	18,837	18,511	18,943	360,394
Current portion of amounts payable after more than one year`42`	13,053	12,464	11,901	-
Trade debts`44`	123	1,303	362	666
Suppliers`440/4`	123	1,303	362	666
Taxes, remuneration and social security`45`	5,661	4,744	6,681	4,109
Taxes`450/3`	5,661	4,744	6,681	4,109
Other amounts payable`47/48`	-	-	-	355,619
Accrued charges and deferred income`492/3`	41,527	33,650	33,916	-
Income statement
Gross operating margin`9900`	64,773	60,415	20,640	22,689
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	11,773	11,639	9,021	48,238
Other operating charges`640/8`	3,729	3,615	3,103	23
Operating profit (loss)`9901`	49,271	45,160	8,516	-25,573
Financial charges`65/66B`	15,943	14,074	14,062	170
Recurring financial charges`65`	15,943	14,074	14,062	170
Profit (loss) for the period before taxes`9903`	33,327	31,086	-5,546	-25,743
Income taxes`67/77`	6,977	1,000	-	-
Profit (loss) for the period`9904`	26,351	30,086	-5,546	-25,743
Profit (loss) for the period to be appropriated`9905`	26,351	30,086	-5,546	-25,743
Appropriation of the result
Profit (loss) to be appropriated`9906`	25,148	-1,203	-31,289	-25,743
Profit (loss) brought forward from the previous period`14P`	-1,203	-31,289	-25,743	-
Document	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	28-08-2026	2026-00484913	PDF
31-12-2024	micro format	19-08-2025	2025-00394245	PDF
31-12-2023	micro format	26-08-2024	2024-00386299	PDF
31-12-2022	micro format	16-08-2023	2023-00339348	PDF

Line	2025	2024	2023	2022
EBITDA	61,043	56,799	17,537	22,666
Cash flow	38,123	41,726	3,475	22,496
Investment in fixed assets	705	13,045	42,745	381,441
Change in cash	30,277	36,038	10,384	-
Working capital	88,128	50,958	13,081	-345,234
Solvency	6.5%	0.9%	-6.6%	-5.9%
Current ratio	5.68	3.75	1.69	0.04
Debt to equity	14.44	-	-	-
ROE	87.4%	792.3%	-	-
ROA	5.7%	6.9%	-1.4%	-7.4%
Interest coverage	3.83	4.04	1.25	over 100

Item	2025	2024	2023	2022
Mortgages, amount registered	€25,000	€25,000	€25,000	-
Mortgage mandates	€343,000	€343,000	€343,000	-
Carrying value of the mortgaged assets	€356,261	€367,630	€365,579	-

Item	2025	2024	2023	2022
Tangible fixed assets	€705	€13,045	€42,745	€381,441
Depreciation and write-downs of the year	€11,773	€11,639	€9,021	€48,238

LEOCEL

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency6.5%

Current ratio5.68

Return on assets5.7%

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on LEOCEL

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