LEON BOUW

Open bankruptcy

Private limited companyfounded 1998Roeselarestraat 45, 8560 Wevelgem, BelgiumKBO/BCE: BE 0462.522.130

A bankruptcy procedure is open for LEON BOUW according to publications in the Belgian State Gazette; curator: ELLEN DE GEETER. The 2024 annual accounts show equity of €55k and a net result of €25k.

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 2096 sector peers (2024).

NBB · sector comparison

Position among 2096 sector peers

Solvency

better than 15%

← weakest strongest →

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

3 d early

2023

132 d late

2022

4 d early

2021

46 d early

2020

89 d late

2019

9 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, abbreviated schema

Equity

€55k▲ 80.5%

2023 · €30k

2018: €99k 2019: €119k 2020: €71k 2021: €-74k 2022: €-4k 2023: €30k

2018 → 2024

Total assets

€694k▼ 31.0%

2023 · €1.01M

2018: €1.02M 2019: €923k 2020: €874k 2021: €1.03M 2022: €1.02M 2023: €1.01M

2018 → 2024

Net result

€25k▼ 28.5%

2023 · €34k

2018: €33k 2019: €20k 2020: €-48k 2021: €-144k 2022: €70k 2023: €34k

2018 → 2024

Working capital

€184k▼ 33.7%

2023 · €277k

2018: €35k 2019: €20k 2020: €-136k 2021: €-278k 2022: €178k 2023: €277k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€71k-€-74k€-4k▲ 94.8%€30k€55k▲ 80.5%

Operating result€-98k-€-125k▼ 27.0%€82k€43k▼ 47.1%€29k▼ 34.1%

Net result€-48k-€-144k▼ 200%€70k€34k▼ 50.8%€25k▼ 28.5%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2024 is 34% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €694k

13.3%

86.7%

Fixed assets €92k▼ 30.8%

Current assets €602k▼ 31.0%

Equity and liabilities €694k

92.1%

Equity €55k▲ 80.5%

Debt €640k▼ 34.4%

The debt ratio falls from 97.0% to 92.1%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€74k▼

2023 · €89k

Cash flow

€70k▼

2023 · €80k

Solvency

7.9%▲

2023 · 3.0%

Current ratio

1.44▼

2023 · 1.47

Quick ratio

1.13▲

2023 · 0.95

Debt / equity

11.64▼

2023 · 32.04

ROE

44.6%▼

2023 · 112.7%

ROA

3.5%▲

2023 · 3.4%

Interest coverage

10.32▲

2023 · 6.14

Debt

€640k▼

2023 · €975k

Debt ≤ 1 year

€418k▼

2023 · €595k

Debt > 1 year

€218k▼

2023 · €378k

Income taxes

€4k▲

2023 · €0

Staff costs

€582k▼

2023 · €595k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€1.01M€694k▼

Fixed assets21/28€134k€92k▼

Tangible fixed assets22/27€134k€92k▼

Plant, machinery and equipment23€26k€16k▼

Furniture and vehicles24€17k€9k▼

Leasing and similar rights25€24k€14k▼

Other tangible fixed assets26€67k€54k▼

Financial fixed assets28€0-

Current assets29/58€872k€602k▼

Stocks and contracts in progress3€309k€131k▼

Stocks30/36€201k€104k▼

Contracts in progress37€109k€27k▼

Amounts receivable within one year40/41€497k€446k▼

Trade receivables40€273k€339k▲

Other amounts receivable41€224k€107k▼

Cash at bank and in hand54/58€49k€20k▼

Deferred charges and accrued income490/1€17k€5k▼

Equity and liabilities

Total equity and liabilities10/49€1.01M€694k▼

Equity10/15€30k€55k▲

Contributions10/11€104k€104k=

Reserves13€46k€46k=

Non-distributable reserves130/1€0-

Reserves not available under the articles1311€0-

Distributable reserves133€46k€46k=

Profit (loss) carried forward14€-119k€-95k▲

Amounts payable17/49€975k€640k▼

Amounts payable after more than one year17€378k€218k▼

Financial debts170/4€378k€218k▼

Amounts payable within one year42/48€595k€418k▼

Current portion of amounts payable after more than one year42€10k€10k=

Trade debts44€245k€134k▼

Suppliers440/4€245k€134k▼

Taxes, remuneration and social security45€180k€259k▲

Taxes450/3€32k€66k▲

Remuneration and social security454/9€148k€193k▲

Other amounts payable47/48€160k€15k▼

Accrued charges and deferred income492/3€2k€3k▲

Income statement Code20232024

Non-recurring operating income76A€26k€14k▼

Remuneration, social security and pensions62€595k€582k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€45k▼

Other operating charges640/8€96k€33k▼

Non-recurring operating charges66A€19k€5k▼

Gross operating margin9900€798k€694k▼

Operating profit (loss)9901€43k€29k▼

Financial income75/76B€5k€7k▲

Recurring financial income75€5k€7k▲

Financial charges65/66B€15k€7k▼

Recurring financial charges65€15k€7k▼

Profit (loss) for the period before taxes9903€34k€28k▼

Income taxes67/77€0€4k▲

Profit (loss) for the period9904€34k€25k▼

Profit (loss) for the period to be appropriated9905€34k€25k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-119k€-95k▲

Profit (loss) brought forward from the previous period14P€-154k€-119k▲

Social balance

Average headcount (FTE)90878.58.3▼

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Signals 1Financial 3Filings 10

2026

09-02

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Kortrijk · LEON BOUW BV ROESELARE- STRAAT 45, 8560 WEVELGEM · event 03-02-2026

2025

28-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

10-12

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 132 days late

2023

27-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-12

Financial Back to profitnet €70k

Net result €70k after 2 loss-making years.

15-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

31-12

Financial Weakest financial yearnet €-144k

Net result drops to €-144k, the lowest in the series.

28-10

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 89 days late

2020

22-07

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

31-12

Financial Equity above €100kEq €119k ▲19.8%

2 profitable years in a row build equity to €119k.

25-07

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

17-07

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

26-07

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

2016

25-07

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 acts for this company are 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, Wevelgem · 1 establishment unit since 2017

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Roeselarestraat 458560 Wevelgem

Ground area

2,258 m²

Building footprint

1,177 m²

Volume, LiDAR

11,146 m³

Parcel 34302B0485/00R009, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

LEON BOUW BVBA

Roeselarestraat 45, 8560 WevelgemManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20172.268.201.676

1 parcel

Flanders 1 (100%)