Skip to content

LeoMatrix Projects

Active
Private limited companyfounded 2023active for 3 yearsKBO/BCE: BE 0803.102.887
Summary

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).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 17 October 2026.

Equity
€6,116▼ 6.2%
2023 · €6,518
Total assets
€38,171▲ 355%
2023 · €8,392
Net result
-€402
2023 · €4,518
Working capital
-€4,108
2023 · €6,518
Trend over the years

2023 to 2024, 2 financial years

The operating result turns negative in 2024: a loss of €3 after €5,936 in 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€3 2024 Net result-€402 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result€5,936--€3
Net result€4,518within the sector's middle half--€402within the sector's middle half
Equity€6,518below the sector's middle half-€6,116below the sector's middle half▼ 6.2%
Total assets€8,392below the sector's middle half-€38,171below the sector's middle half▲ 355%
Debt€1,874-€32,056▲ 1,610%
Working capital€6,518within the sector's middle half--€4,108below the sector's middle half
Solvency77.7%above the sector's middle half-16.0%below the sector's middle half▼ 61.6pp
Current ratio4.48above the sector's middle half-0.82below the sector's middle half▼ 3.66
Return on assets (ROA)53.8%above the sector's middle half--1.1%below the sector's middle half▼ 54.9pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €38,171
Fixed assets €19,651
Current assets €18,521
Equity and liabilities €38,171
Equity €6,116 ▼ 6.2%
Debt €32,056 ▲ 1,610%
Debt's share of the balance-sheet total rises from 22.3% to 84.0%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€1,367
Cash flow
€968
Debt to equity
5.24▲
2023 · 0.29
ROE
-6.6%▼
2023 · 69.3%
Interest coverage
4.66
Debt ≤ 1 year
€22,628▲
2023 · €1,874
Debt > 1 year
€9,427
Income taxes
€105▼
2023 · €1,536
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,271 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss
4.1% went bankrupt
2.0% stopped otherwise
93.5% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 14.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,271 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€8,392€38,171▲
Fixed assets21/28-€19,651
Tangible fixed assets22/27-€19,651
Furniture and vehicles24-€1,142
Leasing and similar rights25-€18,509
Current assets29/58€8,392€18,521▲
Amounts receivable within one year40/41€8,256€15,608▲
Trade receivables40€494€12,741▲
Other amounts receivable41€7,762€2,867▼
Cash at bank and in hand54/58€136€1,003▲
Deferred charges and accrued income490/1-€1,910
Equity and liabilities
Total equity and liabilities10/49€8,392€38,171▲
Equity10/15€6,518€6,116▼
Contributions10/11€2,000€2,000=
Reserves13€4,518€4,518=
Distributable reserves133€4,518€4,518=
Profit (loss) carried forward14--€402
Amounts payable17/49€1,874€32,056▲
Amounts payable after more than one year17-€9,427
Financial debts170/4-€9,427
Amounts payable within one year42/48€1,874€22,628▲
Current portion of amounts payable after more than one year42-€2,115
Trade debts44€295€8,574▲
Suppliers440/4€295€8,574▲
Taxes, remuneration and social security45€1,579€1,684▲
Taxes450/3€1,579€1,684▲
Other amounts payable47/48-€10,255
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,370
Other operating charges640/8€428€663▲
Gross operating margin9900€6,364€2,030▼
Operating profit (loss)9901€5,936-€3▼
Financial income75/76B€159-
Recurring financial income75€159-
Financial charges65/66B€41€293▲
Recurring financial charges65€41€293▲
Profit (loss) for the period before taxes9903€6,054-€297▼
Income taxes67/77€1,536€105▼
Profit (loss) for the period9904€4,518-€402▼
Profit (loss) for the period to be appropriated9905€4,518-€402▼
Appropriation of the result
Profit (loss) to be appropriated9906€4,518-€402▼
Transfer to equity691/2€4,518-
To other reserves6921€4,518-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,370-
Other operating charges640/8€428€663▲ 54.8%
Gross operating margin9900€6,364€2,030▼ 68.1%
Operating profit (loss)9901€5,936-€3-
Financial income75/76B€159--
Recurring financial income75€159--
Financial charges65/66B€41€293▲ 607%
Recurring financial charges65€41€293▲ 607%
Profit (loss) for the period before taxes9903€6,054-€297-
Income taxes67/77€1,536€105▼ 93.1%
Profit (loss) for the period9904€4,518-€402-
Profit (loss) for the period to be appropriated9905€4,518-€402-
Line20232024Change
Assets
Total assets20/58€8,392€38,171▲ 355%
Fixed assets21/28-€19,651-
Tangible fixed assets22/27-€19,651-
Furniture and vehicles24-€1,142-
Leasing and similar rights25-€18,509-
Current assets29/58€8,392€18,521▲ 121%
Amounts receivable within one year40/41€8,256€15,608▲ 89.0%
Trade receivables40€494€12,741▲ 2,480%
Other amounts receivable41€7,762€2,867▼ 63.1%
Cash at bank and in hand54/58€136€1,003▲ 638%
Deferred charges and accrued income490/1-€1,910-
Equity and liabilities
Total equity and liabilities10/49€8,392€38,171▲ 355%
Equity10/15€6,518€6,116▼ 6.2%
Contributions10/11€2,000€2,000=
Reserves13€4,518€4,518=
Distributable reserves133€4,518€4,518=
Profit (loss) carried forward14--€402-
Amounts payable17/49€1,874€32,056▲ 1,610%
Amounts payable after more than one year17-€9,427-
Financial debts170/4-€9,427-
Amounts payable within one year42/48€1,874€22,628▲ 1,107%
Current portion of amounts payable after more than one year42-€2,115-
Trade debts44€295€8,574▲ 2,803%
Suppliers440/4€295€8,574▲ 2,803%
Taxes, remuneration and social security45€1,579€1,684▲ 6.7%
Taxes450/3€1,579€1,684▲ 6.7%
Other amounts payable47/48-€10,255-
Line20232024Change
Profit (loss) for the period9904€4,518-€402-
+ Depreciation and write-downs630-€1,370-
Operating cash flow (approximation)€4,518€968▼ 78.6%
Change in cash-€867-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2024 micro format 30-12-2025 2026-00000555
31-12-2023 micro format 28-10-2024 2024-00521183

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,154. 7,366 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.