LEON FR.
ActiveSummary
The annual accounts of LEON FR. for fiscal year 2024 show a net loss of 55% of the equity at the start of that year. The 2024 annual accounts show equity of €10k and a net result of €-12k. Equity is shrinking by ~20.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 27% of 36375 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency50▼-14
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.3 against 1.4 in 2023; short-term debt: 74.6% and cash: 4.2% of total assets), and 74.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
25.4%
Return on assets
-31.1%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-12k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
19 d early
2022
39 d early
2021
38 d early
2020
26 d early
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€10k▼ 55.0%
2023 · €23k
2018: €88khighest in 7 years
2019: €82k▼ -6.7% vs 2018
2020: €69k▼ -15.3% vs 2019
2021: €61k▼ -11.5% vs 2020
2022: €51k▼ -16.4% vs 2021
2023: €23k▼ -55.8% vs 2022
2024: €10k▼ -55.0% vs 2023lowest in 7 years
2018 → 2024
Total assets
€40k▼ 30.3%
2023 · €58k
2018: €123khighest in 7 years
2019: €123k● -0.0% vs 2018
2020: €105k▼ -15.2% vs 2019
2021: €97k▼ -7.6% vs 2020
2022: €87k▼ -10.5% vs 2021
2023: €58k▼ -33.4% vs 2022
2024: €40k▼ -30.3% vs 2023lowest in 7 years
2018 → 2024
Net result
€-12k▲ 56.3%
2023 · €-29k
2018: €-6k
2019: €-6k▲ +8.0% vs 2018highest in 7 years
2020: €-12k▼ -113% vs 2019
2021: €-8k▲ +36.4% vs 2020
2022: €-10k▼ -27.0% vs 2021
2023: €-29k▼ -183% vs 2022lowest in 7 years
2024: €-12k▲ +56.3% vs 2023
2018 → 2024
Working capital
€9k▼ 35.9%
2023 · €14k
2018: €76khighest in 7 years
2019: €71k▼ -6.0% vs 2018
2020: €59k▼ -17.2% vs 2019
2021: €50k▼ -16.0% vs 2020
2022: €40k▼ -20.4% vs 2021
2023: €14k▼ -64.8% vs 2022
2024: €9k▼ -35.9% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€69k-€61k▼ 11.5%€51k▼ 16.4%€23k▼ 55.8%€10k▼ 55.0%
2020: €69khighest in 5 years
2021: €61k▼ -11.5% vs 2020
2022: €51k▼ -16.4% vs 2021
2023: €23k▼ -55.8% vs 2022
2024: €10k▼ -55.0% vs 2023lowest in 5 years
Operating result€-13k-€-8k▲ 33.2%€-13k▼ 49.9%€-33k▼ 163%€-12k▲ 63.2%
2020: €-13k
2021: €-8k▲ +33.2% vs 2020highest in 5 years
2022: €-13k▼ -49.9% vs 2021
2023: €-33k▼ -163% vs 2022lowest in 5 years
2024: €-12k▲ +63.2% vs 2023
Net result€-12k-€-8k▲ 36.4%€-10k▼ 27.0%€-29k▼ 183%€-12k▲ 56.3%
2020: €-12k
2021: €-8k▲ +36.4% vs 2020highest in 5 years
2022: €-10k▼ -27.0% vs 2021
2023: €-29k▼ -183% vs 2022lowest in 5 years
2024: €-12k▲ +56.3% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2024 against €33k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40k
Fixed assets
€1k ▼ 85.5%
Current assets
€39k ▼ 20.4%
Equity and liabilities €40k
Equity
€10k ▼ 55.0%
Debt
€30k ▼ 14.2%
Debt's share of the balance-sheet total rises from 60.6% to 74.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-9k▲
2023 · €-30k
Cash flow
€-9k▲
2023 · €-26k
Current ratio
1.30▼
2023 · 1.40
Quick ratio
0.23▼
2023 · 0.27
Debt to equity
2.94▲
2023 · 1.54
ROE
-122.4%▲
2023 · -126.0%
ROA
-31.1%▲
2023 · -49.6%
Interest coverage
-52.95▲
2023 · -171.82
Debt ≤ 1 year
€30k▼
2023 · €35k
Income taxes
€217▼
2023 · €313
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€58k€40k▼
Fixed assets21/28€9k€1k▼
Tangible fixed assets22/27€4k€998▼
Furniture and vehicles24€4k€998▼
Financial fixed assets28€5k€272▼
Current assets29/58€49k€39k▼
Stocks and contracts in progress3€40k€32k▼
Stocks30/36€40k€32k▼
Amounts receivable within one year40/41€5k€4k▼
Trade receivables40€2k€2k▲
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1€885€703▼
Equity and liabilities
Total equity and liabilities10/49€58k€40k▼
Equity10/15€23k€10k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€2k€-10k▼
Amounts payable17/49€35k€30k▼
Amounts payable within one year42/48€35k€30k▼
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Other amounts payable47/48€30k€27k▼
Income statement
Code20232024
Non-recurring operating income76A€7k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€55€55=
Gross operating margin9900€-30k€-9k▲
Operating profit (loss)9901€-33k€-12k▲
Financial income75/76B€5k€170▼
Recurring financial income75€5k€170▼
Financial charges65/66B€176€175▼
Recurring financial charges65€176€175▼
Profit (loss) for the period before taxes9903€-28k€-12k▲
Income taxes67/77€313€217▼
Profit (loss) for the period9904€-29k€-12k▲
Profit (loss) for the period to be appropriated9905€-29k€-12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-10k▼
Profit (loss) brought forward from the previous period14P€31k€2k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €7k | €9k | €7k | €4k | ▼ 51.2% |
| Remuneration, social security and pensions62 | - | €29k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €3k | €3k | €3k | €3k | ▼ 0.5% |
| Other operating charges640/8 | - | €55 | €55 | €55 | €55 | = |
| Gross operating margin9900 | €16k | €24k | €-10k | €-30k | €-9k | ▲ 69.5% |
| Operating profit (loss)9901 | €-13k | €-8k | €-13k | €-33k | €-12k | ▲ 63.2% |
| Financial income75/76B | - | €962 | €3k | €5k | €170 | ▼ 96.7% |
| Recurring financial income75 | €630 | €962 | €3k | €5k | €170 | ▼ 96.7% |
| Financial charges65/66B | - | €128 | €149 | €176 | €175 | ▼ 0.7% |
| Recurring financial charges65 | €144 | €128 | €149 | €176 | €175 | ▼ 0.7% |
| Profit (loss) for the period before taxes9903 | €-12k | €-8k | €-10k | €-28k | €-12k | ▲ 56.6% |
| Income taxes67/77 | €297 | €314 | €336 | €313 | €217 | ▼ 30.6% |
| Profit (loss) for the period9904 | €-12k | €-8k | €-10k | €-29k | €-12k | ▲ 56.3% |
| Profit (loss) for the period to be appropriated9905 | €-12k | €-8k | €-10k | €-29k | €-12k | ▲ 56.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €105k | €97k | €87k | €58k | €40k | ▼ 30.3% |
| Fixed assets21/28 | €10k | €12k | €12k | €9k | €1k | ▼ 85.5% |
| Tangible fixed assets22/27 | €5k | €7k | €7k | €4k | €998 | ▼ 75.0% |
| Furniture and vehicles24 | - | €7k | €7k | €4k | €998 | ▼ 75.0% |
| Financial fixed assets28 | €5k | €5k | €5k | €5k | €272 | ▼ 94.3% |
| Current assets29/58 | €94k | €85k | €75k | €49k | €39k | ▼ 20.4% |
| Stocks and contracts in progress3 | €44k | €42k | €42k | €40k | €32k | ▼ 18.9% |
| Stocks30/36 | - | €42k | €42k | €40k | €32k | ▼ 18.9% |
| Amounts receivable within one year40/41 | €24k | €29k | €7k | €5k | €4k | ▼ 11.5% |
| Trade receivables40 | - | €27k | €5k | €2k | €2k | ▲ 32.1% |
| Other amounts receivable41 | - | €2k | €2k | €3k | €2k | ▼ 33.8% |
| Cash at bank and in hand54/58 | €9k | €5k | €14k | €3k | €2k | ▼ 50.8% |
| Deferred charges and accrued income490/1 | - | €9k | €12k | €885 | €703 | ▼ 20.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €105k | €97k | €87k | €58k | €40k | ▼ 30.3% |
| Equity10/15 | €69k | €61k | €51k | €23k | €10k | ▼ 55.0% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €49k | €41k | €31k | €2k | €-10k | ▼ 560% |
| Amounts payable17/49 | €35k | €35k | €35k | €35k | €30k | ▼ 14.2% |
| Amounts payable within one year42/48 | €35k | €35k | €35k | €35k | €30k | ▼ 14.2% |
| Trade debts44 | €8k | €9k | €14k | €5k | €3k | ▼ 37.0% |
| Suppliers440/4 | - | €9k | €14k | €5k | €3k | ▼ 37.0% |
| Taxes, remuneration and social security45 | - | €2k | - | - | - | - |
| Taxes450/3 | - | €2k | - | - | - | - |
| Other amounts payable47/48 | - | €24k | €21k | €30k | €27k | ▼ 10.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-12k | €-8k | €-10k | €-29k | €-12k | ▲ 56.3% |
| + Depreciation and write-downs630 | €4k | €3k | €3k | €3k | €3k | ▼ 0.5% |
| Operating cash flow (approximation) | €-8k | €-4k | €-7k | €-26k | €-9k | ▲ 62.9% |
| Investment in fixed assets (approximation) | - | €-5k | €-3k | €0 | €5k | - |
| Change in cash | - | €-4k | €9k | €-11k | €-2k | ▲ 84.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial 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.
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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, Asse · 1 establishment unit since 2004
Ground area
882 m²
Building footprint
176 m²
Volume, LiDAR
1,136 m³
Parcel 23095B0186/00X000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LEON FR BVBA
since 20042.137.532.580
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095B0186/00X000 | Flanders | 882 m² | 1 · 176 m² | 10.9 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 5,579 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
Founded27-05-2004
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Contact
E-mail
elektroleonbvba@gmail.com
Phone
024666212
Scores and ratios are computed by Checked and are not a credit decision.