Financials
- Financial year
- 2024
- Total assets
- €38,171
- Loss
- -€402
- Solvency
- 16.0%
Total assets▲ 355%
Net result
20232024
LeoMatrix Projects
ActiveSummary
The computed 12-month bankruptcy probability of LeoMatrix Projects is 14.3% (high). The 2024 annual accounts show equity of €6,116 and a net result of -€402. Its solvency ranks better than 23% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
€38,171total assets 2024
- Equity
- €6,116
- Loss
- -€402
Turnover not published (micro format)
Structure
2025 accounts not filed, 86 days past the deadline1 deed in the Belgian Official Gazette
Why 28raises risk1 financial year not filed after the legal deadline; last filed accounts filed 152 days late; 2 of the last 3 lateEx-officio strike-off in the KBOFounded in 2023Sector: Construction of residential and non-residential buildings (NACE 41)Show the evidence
Checked score
Score 2024
28
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 25% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Weak
Solvency
41-59
equity 16.0% of total assets
Liquidity
22-22
short-term debt 59.3% · cash 2.6%
Profitability
56-44
return on assets -1.1%
Bankruptcy probability, 12 months
14.3%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.7%lowest value
12-2024: 3.8%▲ +0.1 percentage points vs 11-2024
01-2025: 3.8%● unchanged vs 12-2024
02-2025: 3.9%▲ +0.1 percentage points vs 01-2025
03-2025: 4.0%▲ +0.1 percentage points vs 02-2025
04-2025: 4.0%● unchanged vs 03-2025
05-2025: 4.0%● unchanged vs 04-2025
06-2025: 4.0%● unchanged vs 05-2025
07-2025: 4.2%▲ +0.2 percentage points vs 06-2025
08-2025: 4.5%▲ +0.3 percentage points vs 07-2025
09-2025: 4.6%▲ +0.1 percentage points vs 08-2025
10-2025: 5.2%▲ +0.6 percentage points vs 09-2025
11-2025: 5.3%▲ +0.1 percentage points vs 10-2025
12-2025: 6.0%▲ +0.7 percentage points vs 11-2025
01-2026: 8.3%▲ +2.3 percentage points vs 12-2025
02-2026: 7.8%▼ -0.5 percentage points vs 01-2026
03-2026: 8.0%▲ +0.2 percentage points vs 02-2026
04-2026: 8.1%▲ +0.1 percentage points vs 03-2026
05-2026: 14.2%▲ +6.1 percentage points vs 04-2026
06-2026: 13.9%▼ -0.3 percentage points vs 05-2026
07-2026: 13.8%▼ -0.1 percentage points vs 06-2026
08-2026: 14.2%▲ +0.4 percentage points vs 07-2026
09-2026: 14.4%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 14.3%▼ -0.1 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity insufficient (current ratio 0.82, compared with 4.48 in 2023, below 1; short-term debt: 59.3% and cash: 2.6% of total assets), and 84% of the assets are financed with debt and provisions.
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 41, micro): better than 23% on solvency, 18% on liquidity, 32% on profitability and 28% on growth.
The bankruptcy probability was computed on 24-10-2026 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
Eight signals.
raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9837 sector peers (2024).
NBB · sector comparisonPosition among 9837 sector peers
Solvency
better than 23%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 2 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 152 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-12-2025, 152 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
152 days late
2023
89 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 121 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Address struckevent 09-02-2026
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Timeline
- Events
- 3
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 23-06-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about LeoMatrix Projects
- What is the company number of LeoMatrix Projects?
- 0803.102.887. In Belgium the VAT number is the company number with BE in front: BE 0803.102.887.
- What does LeoMatrix Projects do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of LeoMatrix Projects?
- Private limited company (BV).
- When was LeoMatrix Projects founded?
- On 23-06-2023.
- Is LeoMatrix Projects still active?
- Yes, LeoMatrix Projects is an active enterprise in the KBO register.Company details
- What is the turnover of LeoMatrix Projects?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is LeoMatrix Projects profitable?
- In financial year 2024, LeoMatrix Projects made a loss of €402.
- Where can I find the annual accounts of LeoMatrix Projects?
- LeoMatrix Projects filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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