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LEONARTH

Active Private limited companyfounded 2016active for 10 yearsBiestmolenstraat 13, 9636 ZwalmKBO/BCE: BE 0646.779.469

Lifetime

10 annual accounts with figures on one time axis
peak €121,116 (2025)
€121,116▲ 45.9%
lowest -€19,917 (2018)
€40,716▲ 79.0%
peak €220,699 (2025)
€220,699▲ 22.6%
€972,662▲ 21.7%
Board2 names since 2016
2 directors and 1 other
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €83,015 to €121,116Result from €22,747 to €40,716Equity from €179,983 to €220,699Debts from €799,542 to €972,662

Key points

from the 2025 annual accounts

Equity

€220,699 ▲ 22.6%

LEONARTH has made a profit without a break since 2021.

Debts

€972,662 82% of the balance sheet
Financial debts 2%Suppliers 8%Taxes and wages 0%Other 89%

Of this, €948,839 falls due within a year.

Filings

10 annual accounts since 2016
AprilJune31 JulyOctober20202025

The last five annual accounts were filed 14 to 52 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,107 companies had the same profile as LEONARTH has now. Each dot stands for 11 companies, two years later.

97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

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 4,107 companies, not a prediction for LEONARTH. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
  • 100 sharesdeed of 21-01-2016
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0646779469
1 director appointed, 1 manager resigning, 1 reappointment Resignation: (manager) · Reappointment: (director) · Appointment: (director) · General meeting of 03-06-2021 · Gazette deed
Incorporation Founding capital of €18,550, 100 shares, €12,400 paid up · Founder: · Appointment: (statutory manager) · published on 21-01-2016 · Gazette deed
First establishment Biestmolenstraat 13, Zwalm
All 21 events

Comparable companies

same main activity, similar in size and age
Company
LEONARTH Zwalm €1.2m €121,116 18.5% -
DE VRIESE PROJECTS Deinze €1.3m €133,667 25.9% 0.3
PANTA RE Wortegem-Petegem €1.2m €165,409 28.9% -
SLW-Foundations Zulte €1.0m €172,838 2.4% 1
CLAEYS PROJECTING Evergem €0.9m €101,365 66.5% -
Lucor Projects Ghent €1.1m €73,834 2.5% 0.4
ATLAS CARE Beveren-Kruibeke-Zwijndrecht €0.9m €116,239 88.2% -

These companies have the same main activity as LEONARTH: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €933,000 and €1.3m, founded between 2015 and 2017.

Official details

Source: KBO
Status
Active since 19-01-2016Normal situation
Activity
Development of residential building projectsNACE 68121and 2 others
Establishment unit
2.252.060.3819636 Zwalm, since 19-01-2016
Financial year end
31 December
Peppol
Reachable since 31-10-2023
Company details

Annual accounts 2025

≈ €220,000estimated
€1.2m▲ 21.8%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on LEONARTH

LEONARTH files the micro format. That format states no turnover. The gross margin rose from €4,277 in 2016 to €121,116 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LEONARTH

What is the company number of LEONARTH?
The company number of LEONARTH is 0646.779.469. The VAT number is the same number with BE in front: BE 0646.779.469.
Where is LEONARTH based?
The registered office is at Biestmolenstraat 13, 9636 Zwalm.Company details
What does LEONARTH do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of LEONARTH?
LEONARTH is a private limited company (BV).
When was LEONARTH founded?
LEONARTH was founded on 19-01-2016.
Is LEONARTH still active?
Yes, LEONARTH is an active enterprise in the KBO register.
What is the turnover of LEONARTH?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €121,116 and 50 comparable companies (NACE 681). It probably lies between €170,000 and €400,000.Financials
Is LEONARTH profitable?
In financial year 2025, LEONARTH made a profit of €40,716.
Where can I find the annual accounts of LEONARTH?
LEONARTH filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LEONARTH due?
LEONARTH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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