LEONARD
ActiveSummary
LEONARD has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €765,513 and a net result of €90,766. Equity remains stable across the filed fiscal years (±2.4% per year). The computed 12-month bankruptcy probability is 0.2% (very low).
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Signals
This company filed its last 7 accounts on average 45 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 14,684 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €250 | €217,373 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €39,131 | €76,630 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €123,602 | €119,679 | €91,277 | €100,529 | €84,123 | ▼ 16.3% |
| Other operating charges640/8 | €19,697 | €20,397 | €21,921 | €429 | - | - |
| Gross operating margin9900 | €166,614 | €140,743 | €147,216 | €146,449 | €206,732 | ▲ 41.2% |
| Operating profit (loss)9901 | €23,315 | €668 | €34,019 | €45,491 | €122,609 | ▲ 170% |
| Financial income75/76B | - | - | - | - | €340 | - |
| Recurring financial income75 | - | - | - | - | €340 | - |
| Financial charges65/66B | €691 | €191 | €60 | €1,349 | €2,150 | ▲ 59.4% |
| Recurring financial charges65 | €691 | €191 | €60 | €1,349 | €111 | ▼ 91.8% |
| Non-recurring financial charges66B | - | - | - | - | €2,039 | - |
| Profit (loss) for the period before taxes9903 | €22,624 | €476 | €33,959 | €44,142 | €120,799 | ▲ 174% |
| Income taxes67/77 | €6,991 | €1,481 | €9,180 | €13,501 | €30,033 | ▲ 122% |
| Profit (loss) for the period9904 | €15,633 | -€1,005 | €24,778 | €30,641 | €90,766 | ▲ 196% |
| Profit (loss) for the period to be appropriated9905 | €15,633 | -€1,005 | €24,778 | €30,641 | €90,766 | ▲ 196% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €2.2m | €2.2m | €2.1m | €2.2m | ▲ 3.7% |
| Fixed assets21/28 | €2.0m | €2.1m | €2.1m | €2.0m | €1.9m | ▼ 3.9% |
| Tangible fixed assets22/27 | €2.0m | €2.1m | €2.1m | €2.0m | €1.9m | ▼ 3.9% |
| Land and buildings22 | €2.0m | €2.1m | €2.0m | €2.0m | €1.9m | ▼ 3.4% |
| Plant, machinery and equipment23 | €15,663 | €8,830 | €27,089 | - | - | - |
| Furniture and vehicles24 | €19,334 | €7,518 | €12,813 | €11,922 | €1,989 | ▼ 83.3% |
| Current assets29/58 | €71,581 | €29,007 | €78,404 | €121,484 | €276,077 | ▲ 127% |
| Amounts receivable within one year40/41 | €9,980 | - | - | - | - | - |
| Trade receivables40 | €8,545 | - | - | - | - | - |
| Other amounts receivable41 | €1,435 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €61,601 | €29,007 | €78,404 | €121,484 | €276,077 | ▲ 127% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €2.2m | €2.2m | €2.1m | €2.2m | ▲ 3.7% |
| Equity10/15 | €620,333 | €619,328 | €644,106 | €674,747 | €765,513 | ▲ 13.5% |
| Contributions10/11 | €18,592 | - | €18,592 | €18,592 | €18,592 | = |
| Capital10 | €18,592 | - | - | - | - | - |
| Issued capital100 | €18,592 | - | - | - | - | - |
| Reserves13 | €47,359 | €47,359 | €47,359 | €47,359 | €47,359 | = |
| Non-distributable reserves130/1 | €1,859 | - | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | €1,859 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | €45,500 | €47,359 | €45,500 | €45,500 | €45,500 | = |
| Profit (loss) carried forward14 | €554,382 | €553,377 | €578,155 | €608,796 | €699,562 | ▲ 14.9% |
| Investment grants15 | - | €18,592 | - | - | - | - |
| Amounts payable17/49 | €1.5m | €1.5m | €1.5m | €1.4m | €1.4m | ▼ 0.9% |
| Amounts payable after more than one year17 | €1.5m | - | - | - | - | - |
| Financial debts170/4 | €1.5m | - | - | - | - | - |
| Amounts payable within one year42/48 | €16,923 | €1.5m | €1.5m | €1.4m | €1.4m | ▼ 1.2% |
| Financial debts43 | €16,923 | - | - | - | - | - |
| Credit institutions430/8 | €16,923 | - | - | - | - | - |
| Trade debts44 | - | - | €4,046 | €1,708 | €8,087 | ▲ 373% |
| Suppliers440/4 | - | - | €4,046 | €1,708 | €8,087 | ▲ 373% |
| Taxes, remuneration and social security45 | - | €1,425 | €9,180 | €3,000 | €12,931 | ▲ 331% |
| Taxes450/3 | - | €1,425 | €9,180 | €3,000 | €12,931 | ▲ 331% |
| Other amounts payable47/48 | - | €1.5m | €1.5m | €1.4m | €1.4m | ▼ 2.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €4,665 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,633 | -€1,005 | €24,778 | €30,641 | €90,766 | ▲ 196% |
| + Depreciation and write-downs630 | €123,602 | €119,679 | €91,277 | €100,529 | €84,123 | ▼ 16.3% |
| Operating cash flow (approximation) | €139,235 | €118,674 | €116,055 | €131,170 | €174,888 | ▲ 33.3% |
| Investment in fixed assets (approximation) | - | -€208,721 | -€42,054 | -€3,315 | -€7,276 | ▼ 120% |
| Change in cash | - | -€32,594 | €49,398 | €43,079 | €154,594 | ▲ 259% |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
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.
Rue Ste-Anne 74500 Huy1 establishment unit
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
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