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LEONETO

Active
Private limited companyfounded 2024active for 1 yearLeopoldstraat 3, 2570 Duffel, BelgiumKBO/BCE: BE 1016.505.461
Summary

The computed 12-month bankruptcy probability of LEONETO is 3.2% (moderate). The 2025 annual accounts show negative equity (-€25,407) and a net result of -€37,907. Its solvency ranks better than 16% of 22,382 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
-€25,407
Total assets
€123,877
Net result
-€37,907
Working capital
-€51,694

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €123,877
Fixed assets €53,495
Current assets €70,383
Equity and liabilities
Equity-€25,407
Debt€149,285
Equity is negative: debt (€149,285) exceeds the balance-sheet total (€123,877).
Key figures and ratios
2025 value
EBITDA
-€32,421
Cash flow
-€33,060
Solvency
-20.5%
Current ratio
0.58
Quick ratio
0.01
ROA
-30.6%
Interest coverage
-5.56
Debt
€149,285
Debt ≤ 1 year
€122,077
Debt > 1 year
€26,808
Staff costs
€40,457
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90.2% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90.2% still going

For this company itself Checked computes a bankruptcy probability of 3.2% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,322 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€123,877
Fixed assets21/28€53,495
Tangible fixed assets22/27€48,660
Plant, machinery and equipment23€1,522
Furniture and vehicles24€1,510
Other tangible fixed assets26€45,628
Financial fixed assets28€4,835
Current assets29/58€70,383
Stocks and contracts in progress3€69,753
Stocks30/36€69,753
Cash at bank and in hand54/58€630
Equity and liabilities
Total equity and liabilities10/49€123,877
Equity10/15-€25,407
Contributions10/11€12,500
Profit (loss) carried forward14-€37,907
Amounts payable17/49€149,285
Amounts payable after more than one year17€26,808
Financial debts170/4€26,808
Amounts payable within one year42/48€122,077
Current portion of amounts payable after more than one year42€7,642
Financial debts43€42,413
Credit institutions430/8€42,413
Trade debts44€2,706
Suppliers440/4€2,706
Taxes, remuneration and social security45€11,933
Taxes450/3€6,551
Remuneration and social security454/9€5,382
Other amounts payable47/48€57,383
Accrued charges and deferred income492/3€400
Income statement Code2025
Remuneration, social security and pensions62€40,457
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,848
Other operating charges640/8€1,410
Gross operating margin9900€9,446
Operating profit (loss)9901-€37,268
Financial income75/76B€5,187
Recurring financial income75€5,187
Financial charges65/66B€5,826
Recurring financial charges65€5,826
Profit (loss) for the period before taxes9903-€37,907
Profit (loss) for the period9904-€37,907
Profit (loss) for the period to be appropriated9905-€37,907
Appropriation of the result
Profit (loss) to be appropriated9906-€37,907

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€40,457
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,848
Other operating charges640/8€1,410
Gross operating margin9900€9,446
Operating profit (loss)9901-€37,268
Financial income75/76B€5,187
Recurring financial income75€5,187
Financial charges65/66B€5,826
Recurring financial charges65€5,826
Profit (loss) for the period before taxes9903-€37,907
Profit (loss) for the period9904-€37,907
Profit (loss) for the period to be appropriated9905-€37,907
Line2025
Assets
Total assets20/58€123,877
Fixed assets21/28€53,495
Tangible fixed assets22/27€48,660
Plant, machinery and equipment23€1,522
Furniture and vehicles24€1,510
Other tangible fixed assets26€45,628
Financial fixed assets28€4,835
Current assets29/58€70,383
Stocks and contracts in progress3€69,753
Stocks30/36€69,753
Cash at bank and in hand54/58€630
Equity and liabilities
Total equity and liabilities10/49€123,877
Equity10/15-€25,407
Contributions10/11€12,500
Profit (loss) carried forward14-€37,907
Amounts payable17/49€149,285
Amounts payable after more than one year17€26,808
Financial debts170/4€26,808
Amounts payable within one year42/48€122,077
Current portion of amounts payable after more than one year42€7,642
Financial debts43€42,413
Credit institutions430/8€42,413
Trade debts44€2,706
Suppliers440/4€2,706
Taxes, remuneration and social security45€11,933
Taxes450/3€6,551
Remuneration and social security454/9€5,382
Other amounts payable47/48€57,383
Accrued charges and deferred income492/3€400
Line2025
Profit (loss) for the period9904-€37,907
+ Depreciation and write-downs630€4,848
Operating cash flow (approximation)-€33,060

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 03-07-2026 2026-00246646

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 1,011 active companies whose main activity is retail sale of footwear (NACE 47721), figures are known for 577. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.