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LEOLAB

Open bankruptcy
Private limited company (pre-2019)founded 2008Elststraat 16, 2660 Antwerpen, BelgiumKBO/BCE: BE 0806.275.381

A bankruptcy procedure is open for LEOLAB according to publications in the Belgian State Gazette; curator: KJELL SWARTELE.

Summary

The 2021 annual accounts show equity of €83,067 and a net result of €42,163.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
29 February 2024
Supervising judge
Walter Clement
Official Gazette
07-03-2024 (pdf) ↗search the document for 2024/109614

Curator

  • Kjell SwarteleAnselmostraat 2, 2018 Antwerpen 1kjell.swartele@vanhoucke-law.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 26-07-2022, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
5 d early
2020
36 d early
2019
17 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 19 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 10 September 2008, LEOLAB was incorporated.1 Total assets went from EUR 220,277 in 2018 to EUR 272,584 in 2021 and headcount from 0.9 to 1 full-time equivalents.2 The company was declared bankrupt on 29 February 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 07-03-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
€83,067▲ 66.5%
2020 · €49,904
Total assets
€272,584▲ 15.7%
2020 · €235,561
Net result
€42,163▲ 505%
2020 · €6,970
Working capital
€28,653
2020 · -€2,866
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result€18,653-€18,193▼ 2.5%€20,487▲ 12.6%€62,080▲ 203%
Net result€8,848-€8,813▼ 0.4%€6,970▼ 20.9%€42,163▲ 505%
Equity€34,122-€42,934▲ 25.8%€49,904▲ 16.2%€83,067▲ 66.5%
Total assets€220,277-€238,814▲ 8.4%€235,561▼ 1.4%€272,584▲ 15.7%
Debt€186,155-€195,880▲ 5.2%€185,656▼ 5.2%€189,517▲ 2.1%
Working capital-€16,700--€25,481▼ 52.6%-€2,866▲ 88.8%€28,653
Staff (FTE)0.9-1▲ 11.1%0.7▼ 30.0%1▲ 42.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2018: €18,653€18,653Net result 2018: €8,848€8,848Operating result 2019: €18,193€18,193Net result 2019: €8,813€8,813Operating result 2020: €20,487€20,487Net result 2020: €6,970€6,970Operating result 2021: €62,080€62,080Net result 2021: €42,163€42,1632018201920202021€0€20,000€40,000€60,000Operating result 2019: €18,193€18,200Net result 2019: €8,813€8,810Operating result 2020: €20,487€20,500Net result 2020: €6,970€6,970Operating result 2021: €62,080€62,100Net result 2021: €42,163€42,200201920202021
After the dip in 2019 the operating result has climbed two years in a row; 2021 is 203% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €272,584
Fixed assets €89,495 ▼ 10.6%
Current assets €183,089 ▲ 35.2%
Equity and liabilities €272,584
Equity €83,067 ▲ 66.5%
Debt €189,517 ▲ 2.1%
Debt's share of the balance-sheet total falls from 78.8% to 69.5%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€72,694▲
2020 · €40,975
Cash flow
€52,777▲
2020 · €27,458
Current ratio
1.19▲
2020 · 0.98
Quick ratio
1.14▲
2020 · 0.90
Debt to equity
2.28▲
2020 · 0.95
ROE
50.8%▲
2020 · 14.0%
ROA
15.5%▲
2020 · 3.0%
Interest coverage
14.99
Debt ≤ 1 year
€154,436▲
2020 · €138,318
Debt > 1 year
€35,080▼
2020 · €47,338
Income taxes
€14,795▲
2020 · €6,363
Staff costs
€25,324
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 51 lines
Balance sheet Code20202021
Assets
Total assets20/58€235,561€272,584▲
Fixed assets21/28€100,109€89,495▼
Tangible fixed assets22/27€95,873€85,259▼
Land and buildings22-€73,215
Plant, machinery and equipment23-€12,044
Financial fixed assets28€4,236€4,236=
Current assets29/58€135,452€183,089▲
Stocks and contracts in progress3€10,964€7,777▼
Stocks30/36-€7,777
Amounts receivable within one year40/41€124,488€175,311▲
Trade receivables40-€57,136
Other amounts receivable41-€118,175
Equity and liabilities
Total equity and liabilities10/49€235,561€272,584▲
Equity10/15€49,904€83,067▲
Contributions10/11-€18,600
Reserves13€1,548€1,548=
Non-distributable reserves130/1-€1,548
Reserves not available under the articles1311-€1,548
Profit (loss) carried forward14€29,756€62,919▲
Amounts payable17/49€185,656€189,517▲
Amounts payable after more than one year17€47,338€35,080▼
Financial debts170/4-€35,080
Amounts payable within one year42/48€138,318€154,436▲
Current portion of amounts payable after more than one year42-€12,258
Financial debts43-€4,687
Credit institutions430/8-€4,687
Trade debts44€72,910€40,150▼
Suppliers440/4-€40,150
Advances received on contracts in progress46-€34,655
Taxes, remuneration and social security45-€29,486
Taxes450/3-€25,665
Remuneration and social security454/9-€3,821
Other amounts payable47/48-€33,200
Income statement Code20202021
Remuneration, social security and pensions62-€25,324
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,488€10,614▼
Other operating charges640/8-€4,654
Gross operating margin9900€61,663€102,672▲
Operating profit (loss)9901€20,487€62,080▲
Financial income75/76B-€15
Recurring financial income75€5€15▲
Financial charges65/66B-€5,137
Recurring financial charges65€7,159€4,848▼
Non-recurring financial charges66B-€289
Profit (loss) for the period before taxes9903€13,332€56,958▲
Income taxes67/77€6,363€14,795▲
Profit (loss) for the period9904€6,970€42,163▲
Profit (loss) for the period to be appropriated9905€6,970€42,163▲
Appropriation of the result
Profit (loss) to be appropriated9906-€71,919
Profit (loss) brought forward from the previous period14P-€29,756
Profit to be distributed694/7-€9,000
Directors or managers695-€9,000

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

Line2018201920202021Change
Remuneration, social security and pensions62---€25,324-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,148€20,488€20,488€10,614▼ 48.2%
Other operating charges640/8---€4,654-
Gross operating margin9900€60,403€69,997€61,663€102,672▲ 66.5%
Operating profit (loss)9901€18,653€18,193€20,487€62,080▲ 203%
Financial income75/76B---€15-
Recurring financial income75-€16€5€15▲ 215%
Financial charges65/66B---€5,137-
Recurring financial charges65€5,019€4,549€7,159€4,848▼ 32.3%
Non-recurring financial charges66B---€289-
Profit (loss) for the period before taxes9903€13,634€13,661€13,332€56,958▲ 327%
Income taxes67/77€4,786€4,848€6,363€14,795▲ 133%
Profit (loss) for the period9904€8,848€8,813€6,970€42,163▲ 505%
Profit (loss) for the period to be appropriated9905€8,848€8,813€6,970€42,163▲ 505%
Line2018201920202021Change
Assets
Total assets20/58€220,277€238,814€235,561€272,584▲ 15.7%
Fixed assets21/28€114,365€120,593€100,109€89,495▼ 10.6%
Intangible fixed assets21€19,749€9,874---
Tangible fixed assets22/27€90,401€106,487€95,873€85,259▼ 11.1%
Land and buildings22---€73,215-
Plant, machinery and equipment23---€12,044-
Financial fixed assets28€4,216€4,232€4,236€4,236=
Current assets29/58€105,912€118,221€135,452€183,089▲ 35.2%
Stocks and contracts in progress3€15,809€16,823€10,964€7,777▼ 29.1%
Stocks30/36---€7,777-
Amounts receivable within one year40/41€90,040€101,398€124,488€175,311▲ 40.8%
Trade receivables40---€57,136-
Other amounts receivable41---€118,175-
Cash at bank and in hand54/58€62----
Equity and liabilities
Total equity and liabilities10/49€220,277€238,814€235,561€272,584▲ 15.7%
Equity10/15€34,122€42,934€49,904€83,067▲ 66.5%
Contributions10/11€18,600€18,600-€18,600-
Reserves13€1,107€1,548€1,548€1,548=
Non-distributable reserves130/1---€1,548-
Reserves not available under the articles1311---€1,548-
Profit (loss) carried forward14€14,414€22,786€29,756€62,919▲ 111%
Amounts payable17/49€186,155€195,880€185,656€189,517▲ 2.1%
Amounts payable after more than one year17€61,793€50,313€47,338€35,080▼ 25.9%
Financial debts170/4---€35,080-
Amounts payable within one year42/48€122,612€143,703€138,318€154,436▲ 11.7%
Current portion of amounts payable after more than one year42---€12,258-
Financial debts43---€4,687-
Credit institutions430/8---€4,687-
Trade debts44€59,416€88,947€72,910€40,150▼ 44.9%
Suppliers440/4---€40,150-
Advances received on contracts in progress46---€34,655-
Taxes, remuneration and social security45---€29,486-
Taxes450/3---€25,665-
Remuneration and social security454/9---€3,821-
Other amounts payable47/48---€33,200-
Line2018201920202021Change
Profit (loss) for the period9904€8,848€8,813€6,970€42,163▲ 505%
+ Depreciation and write-downs630€15,148€20,488€20,488€10,614▼ 48.2%
Operating cash flow (approximation)€23,996€29,301€27,458€52,777▲ 92.2%
Investment in fixed assets (approximation)--€26,716-€4€0▲ 100%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
07-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 29-02-2024
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €42,163 ▲505%
Operating result €62,080, net result €42,163, both a record.
25-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €6,970 ▼20.9%
Net result drops to €6,970, the lowest in the series.
14-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
07-09
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 38 days late
2014
05-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 5 days late
2013
06-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 6 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
394 m²
Building footprint
141 m²
Volume, LiDAR
933 m³
Parcel 11383B0389/00C003, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Leolab BVBA
Elststraat 16, 2660 AntwerpenRetail trade
since 20082.173.211.754
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11383B0389/00C003 Flanders 394 m² 1 · 141 m² 12.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator KJELL SWARTELE
ANSELMOSTRAAT 2, 2018 ANTWERPEN 1
29-02-2024 → present

Similar companies · same sector, comparable size

Of 1,071 companies in sector 47741 we hold annual accounts for 644. 473 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded10-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.