LEON
ActiveSummary
LEON has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €314,078 and a net result of -€52,951. Equity has been growing by about 7.1% per year since 2018. Its solvency ranks better than 90% of 39,293 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 28-09-2009 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.185.009.528 9140 Temse, since 28-09-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 14-03-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- -€53,977
- Loss
- €52,951
- Equity
- €314,078
- ▼ 18.2%
- Total assets
- €344,926
- ▼ 33.6%
- 2025 accounts filed 29 days after the deadline
Score breakdownraises riskLoss of €52,951 (financial year 2025)Last filed accounts filed 29 days late; 1 of the last 3 accounts latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €344,926Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 86% of them on solvency, 43% on liquidity, 4% on profitability and 23% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 26 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 29 days after the deadline Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00451085.
Annual accounts 2025 filed on 29-08-2026 at the NBB all 16 filings
Every figure per financial year
The operating result for 2025 is a loss of €57,674, after a profit of €23,785 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €6,300 | - | - |
| Depreciation and write-downs of the year | €8,599 | €8,570 | €1,094 | €1,433 | €1,433 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2024 · 2 entries · €1,379 awarded · €1,379 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €614 | €614 |
| 2022 | 1 | €765 | €765 |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,933 | €9,394 | €8,932 | €8,599 | €8,570 | €1,094 | €1,433 | €1,433 | = |
| Other operating charges640/8 | - | - | - | €791 | €761 | €1,053 | €1,088 | €2,264 | ▲ 108% |
| Gross operating margin9900 | €63,776 | €53,706 | €70,557 | €80,756 | €101,406 | €30,422 | €26,306 | -€53,977 | - |
| Operating profit (loss)9901 | €49,508 | €43,365 | €60,538 | €71,366 | €92,074 | €28,276 | €23,785 | -€57,674 | - |
| Financial income75/76B | - | - | - | €37 | €383 | €4,178 | €5,634 | €6,586 | ▲ 16.9% |
| Recurring financial income75 | €6 | €1 | - | €37 | €383 | €4,178 | €5,634 | €6,586 | ▲ 16.9% |
| Financial charges65/66B | - | - | - | €1,847 | €2,585 | €1,696 | €1,950 | €1,525 | ▼ 21.8% |
| Recurring financial charges65 | €118 | €121 | €205 | €1,847 | €2,585 | €1,696 | €1,950 | €1,525 | ▼ 21.8% |
| Profit (loss) for the period before taxes9903 | €49,396 | €43,245 | €60,333 | €69,557 | €89,872 | €30,757 | €27,469 | -€52,612 | - |
| Income taxes67/77 | €14,814 | €13,168 | €18,715 | €17,109 | €26,091 | €9,222 | €11,499 | €339 | ▼ 97.1% |
| Profit (loss) for the period9904 | €34,583 | €30,077 | €41,618 | €52,448 | €63,781 | €21,536 | €15,970 | -€52,951 | - |
| Profit (loss) for the period to be appropriated9905 | €34,583 | €30,077 | €41,618 | €52,448 | €63,781 | €21,536 | €15,970 | -€52,951 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €358,648 | €338,882 | €377,513 | €429,018 | €527,859 | €536,389 | €519,311 | €344,926 | ▼ 33.6% |
| Fixed assets21/28 | €36,188 | €26,793 | €17,861 | €9,263 | €693 | €5,899 | €4,466 | €3,033 | ▼ 32.1% |
| Tangible fixed assets22/27 | €36,188 | €26,793 | €17,861 | €9,263 | €693 | €5,899 | €4,466 | €3,033 | ▼ 32.1% |
| Plant, machinery and equipment23 | - | - | - | - | - | €3,730 | €2,851 | €1,972 | ▼ 30.8% |
| Furniture and vehicles24 | - | - | - | €8,397 | - | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | €866 | €693 | €2,169 | €1,614 | €1,060 | ▼ 34.3% |
| Current assets29/58 | €322,460 | €312,088 | €359,651 | €419,755 | €527,167 | €530,490 | €514,845 | €341,894 | ▼ 33.6% |
| Amounts receivable within one year40/41 | €15,560 | €39,973 | €23,508 | €17,674 | €19,574 | €21,092 | €200,816 | €46,420 | ▼ 76.9% |
| Trade receivables40 | - | - | - | €16,498 | €18,392 | €19,321 | €45,262 | €21,236 | ▼ 53.1% |
| Other amounts receivable41 | - | - | - | €1,176 | €1,182 | €1,771 | €155,554 | €25,185 | ▼ 83.8% |
| Current investments50/53 | - | - | - | €112,053 | €448,668 | €448,668 | €273,668 | €273,668 | = |
| Cash at bank and in hand54/58 | €306,155 | €268,116 | €332,248 | €286,888 | €28,911 | €56,994 | €37,509 | €10,930 | ▼ 70.9% |
| Deferred charges and accrued income490/1 | - | - | - | €3,140 | €30,013 | €3,735 | €2,851 | €10,875 | ▲ 281% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €358,648 | €338,882 | €377,513 | €429,018 | €527,859 | €536,389 | €519,311 | €344,926 | ▼ 33.6% |
| Equity10/15 | €275,903 | €305,979 | €346,257 | €398,705 | €462,486 | €484,021 | €383,758 | €314,078 | ▼ 18.2% |
| Contributions10/11 | €119,220 | €119,220 | - | €119,220 | €119,220 | €119,220 | €119,220 | €119,220 | = |
| Reserves13 | €181,572 | €211,648 | €227,037 | €279,485 | €343,266 | €364,801 | €264,538 | €247,809 | ▼ 6.3% |
| Non-distributable reserves130/1 | - | - | - | €9,932 | €9,932 | €9,932 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €9,932 | €9,932 | €9,932 | - | - | - |
| Distributable reserves133 | - | - | - | €269,552 | €333,333 | €354,869 | €264,538 | €247,809 | ▼ 6.3% |
| Profit (loss) carried forward14 | -€24,889 | -€24,889 | - | - | - | - | - | -€52,951 | - |
| Amounts payable17/49 | €82,746 | €32,903 | €31,256 | €30,313 | €65,374 | €52,368 | €135,553 | €30,848 | ▼ 77.2% |
| Amounts payable within one year42/48 | €82,674 | €32,903 | €31,256 | €30,313 | €65,374 | €52,368 | €135,553 | €29,848 | ▼ 78.0% |
| Trade debts44 | €45,990 | €1,976 | €2,302 | €2,391 | €184 | €2,381 | €1,204 | €2,981 | ▲ 148% |
| Suppliers440/4 | - | - | - | €2,391 | €184 | €2,381 | €1,204 | €2,981 | ▲ 148% |
| Taxes, remuneration and social security45 | - | - | - | €16,842 | €22,045 | €20,816 | €18,115 | €10,137 | ▼ 44.0% |
| Taxes450/3 | - | - | - | €16,842 | €22,045 | €20,816 | €18,115 | €10,137 | ▼ 44.0% |
| Other amounts payable47/48 | - | - | - | €11,080 | €43,145 | €29,171 | €116,233 | €16,729 | ▼ 85.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €1,001 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,583 | €30,077 | €41,618 | €52,448 | €63,781 | €21,536 | €15,970 | -€52,951 | - |
| + Depreciation and write-downs630 | €12,933 | €9,394 | €8,932 | €8,599 | €8,570 | €1,094 | €1,433 | €1,433 | = |
| Operating cash flow (approximation) | €47,516 | €39,471 | €50,550 | €61,046 | €72,351 | €22,629 | €17,403 | -€51,518 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | -€6,300 | €0 | €0 | - |
| Change in cash | - | -€38,039 | €64,132 | -€45,360 | -€257,977 | €28,083 | -€19,485 | -€26,579 | ▼ 36.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,805 companies had the same profile as LEON has now. Two years later, 88.1% were still going and 2.0% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LEON itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,805 companies, not a prediction for LEON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-08-2026 | 2026-00451085 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00432846 | |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00421434 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00294684 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20348336 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-63800161 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-47100033 | |
| 31-12-2018 | micro format | 19-07-2019 | 2019-34800152 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56400433 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-57100175 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 05-06-2024 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Vansteenkiste Dominique |
|
| Gerets Alex |
|
Articles of association
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Alle aandeelhouders kunnen afstand doen bij besluit algemene vergadering tot uitgifte, voorkeurrecht aan blote eigenaar tenzij anders…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Bestuurders in functie op tijdstip ontbinding ten aanzien van derden van rechtswege als vereffenaars indien geen vereffenaars benoemd of…”
Articles of association, deed of 05-06-2024 (in Dutch)
Network & group
Board mandates elsewhere
1 board mandateConnections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Acts, filings and financial milestones
05-06
Gazette deed
Change of role: Vansteenkiste Dominique, from manager to directorPurpose change · Capital conversion · Amendment of the articles11 points ▸
- General meeting, 30-05-2024
- Purpose change
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan WVV en rechtsvorm van besloten vennootschap(afgekort BV)behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles
- Director resignation, Vansteenkiste Dominique (manager)
- Director appointment, Vansteenkiste Dominique (director (not named in the articles))
- Other provision, “geen beroepsverbod, dat er tegen haar geen beroepsverbod werd uitgesproken” (deed in Dutch)
- Registered office clause, “Temse Koningin Fabiolalaan 6” (deed in Dutch)
- Other provision, “opdracht coördinatie statuten, coördinatie van statuten opmaken en ondertekenen in overeenstemming met vorige besluit en neerlegging in vennootschapsdossier ver…” (deed in Dutch)
- Director discharge, Vansteenkiste Dominique
20-07
Gazette deed
Resignation: Gerets Alex (director)2 points ▸
- General meeting, 30-06-2023
- Director resignation, Gerets Alex (director)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
9 activities
- Het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten vennootschappen en het beheer van een roerend vermogen
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen,met uitsluiting evenwel van handelingen die zijn voorbehouden aan vennootschappen voor vermogensbeheer en beleggingsadvies.De vennootschap kan hierbij risicovolle of speculatieve beleggingen aangaan,overeenkomstig een zeer dynamisch risicoprofiel
- Het beheer van onroerend vermogen en de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen
- Het organiseren van seminaries
- Het waarnemen van bestuurdersfuncties,het verlenen van advies,management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert.Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan van de cliënt
- Het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,het deelnemen aan hun beheer,bestuur en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen
- Alle mogelijke advies-en/of dienstenfuncties,projectmanagement in al zijn vormen
- Consultancy,opleiding,technische expertise en bijstand op voornoemde gebieden
- Het geven van advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven die op die domeinen actief zijn,de vertegenwoordiging en het optreden als commercieel tussenpersoon
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46302D1393/00E000 | Flanders | 804 m² | 1 · 180 m² | 9.2 m · 2 |