Leonhard
ActiveSummary
The computed 12-month bankruptcy probability of Leonhard is 2.1% (moderate). The 2025 annual accounts show equity of €5.7m and a net result of €266,063. Equity is growing by ~3.2% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability41▲+2
Solvency54▼-12
Growth78=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €220,000 at 30 days only on tighter terms
cash: 0.2% of total assets, and 71.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.6%
Return on assets
1.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
26 d late
2024
28 d late
2023
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 28 days after 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)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€5.7m▲ 4.9%
2024 · €5.5m
Total assets
€20.0m▲ 49.7%
2024 · €13.4m
Net result
€266,063▲ 224%
2024 · €82,058
Working capital
€883,034▼ 0.4%
2023 · €886,219
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€5,429--€559-€1,227▼ 119%
Net result-€30,570-€82,058€266,063▲ 224%
Equity€5.4m-€5.5m▲ 1.5%€5.7m▲ 4.9%
Total assets€9.6m-€13.4m▲ 38.9%€20.0m▲ 49.7%
Debt€4.2m-€7.9m▲ 86.3%€14.3m▲ 80.6%
Working capital€886,219-€883,034▼ 0.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,227 in 2025 against €559 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.0m
Fixed assets
€19.3m ▲ 55.1%
Current assets
€644,375 ▼ 27.0%
Equity and liabilities €20.0m
Equity
€5.7m ▲ 4.9%
Debt
€14.3m ▲ 80.6%
Debt's share of the balance-sheet total rises from 59.2% to 71.4%. Equity and debt are higher.
Key figures and ratios
Debt to equity
2.50▲
2024 · 1.45
ROE
4.7%▲
2024 · 1.5%
ROA
1.3%▲
2024 · 0.6%
Debt > 1 year
€14.3m▲
2024 · €7.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | €23,869 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €16,735 | - | - | - |
| Other operating charges640/8 | €1,705 | €559 | €1,227 | ▲ 119% |
| Gross operating margin9900 | €7,134 | €0 | €0 | - |
| Operating profit (loss)9901 | €5,429 | -€559 | -€1,227 | ▼ 119% |
| Financial income75/76B | €30,906 | €477,025 | €804,866 | ▲ 68.7% |
| Recurring financial income75 | €30,906 | €477,025 | €804,866 | ▲ 68.7% |
| Financial charges65/66B | €66,905 | €394,407 | €537,575 | ▲ 36.3% |
| Recurring financial charges65 | €66,905 | €394,407 | €537,575 | ▲ 36.3% |
| Profit (loss) for the period before taxes9903 | -€30,570 | €82,058 | €266,063 | ▲ 224% |
| Profit (loss) for the period9904 | -€30,570 | €82,058 | €266,063 | ▲ 224% |
| Profit (loss) for the period to be appropriated9905 | -€30,570 | €82,058 | €266,063 | ▲ 224% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €9.6m | €13.4m | €20.0m | ▲ 49.7% |
| Fixed assets21/28 | €8.7m | €12.5m | €19.3m | ▲ 55.1% |
| Financial fixed assets28 | €8.7m | €12.5m | €19.3m | ▲ 55.1% |
| Current assets29/58 | €928,261 | €883,088 | €644,375 | ▼ 27.0% |
| Amounts receivable after more than one year29 | €552,851 | €578,573 | €604,293 | ▲ 4.4% |
| Other amounts receivable291 | €552,851 | €578,573 | €604,293 | ▲ 4.4% |
| Amounts receivable within one year40/41 | €150,021 | €21 | €21 | = |
| Other amounts receivable41 | €150,021 | €21 | €21 | = |
| Cash at bank and in hand54/58 | €225,389 | €304,494 | €40,062 | ▼ 86.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €9.6m | €13.4m | €20.0m | ▲ 49.7% |
| Equity10/15 | €5.4m | €5.5m | €5.7m | ▲ 4.9% |
| Contributions10/11 | €1.7m | €1.7m | €1.7m | = |
| Reserves13 | €224,926 | €224,926 | €224,926 | = |
| Non-distributable reserves130/1 | €224,926 | €224,926 | €224,926 | = |
| Reserves not available under the articles1311 | €224,926 | €224,926 | €224,926 | = |
| Profit (loss) carried forward14 | €3.4m | €3.5m | €3.8m | ▲ 7.6% |
| Amounts payable17/49 | €4.2m | €7.9m | €14.3m | ▲ 80.6% |
| Amounts payable after more than one year17 | €4.2m | €7.9m | €14.3m | ▲ 80.6% |
| Other amounts payable178/9 | €4.2m | €7.9m | €14.3m | ▲ 80.6% |
| Amounts payable within one year42/48 | €42,043 | €54 | - | - |
| Trade debts44 | - | €54 | - | - |
| Suppliers440/4 | - | €54 | - | - |
| Other amounts payable47/48 | €42,043 | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€30,570 | €82,058 | €266,063 | ▲ 224% |
| Operating cash flow (approximation) | -€30,570 | €82,058 | €266,063 | ▲ 224% |
| Investment in fixed assets (approximation) | - | -€3.8m | -€6.9m | ▼ 81.5% |
| Change in cash | - | €79,104 | -€264,432 | ▼ 434% |
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
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Highest result since 2023net €266,063 ▲224%
Net result €266,063, the highest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Back to profitnet €82,058
Net result €82,058 after one loss-making year.
31-12
Financial
Liquidity times 741current ratio 16353.48
Current ratio from 22.08 to 16353.48; short-term debt falls from €42,043 to €54.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
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, Niel · 1 establishment unit since 2022
Ground area
896 m²
Building footprint
921 m²
Volume, LiDAR
14,379 m³
Parcel 11030C0269/00C000, Flanders · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
Leonhard
since 20222.343.292.841
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11030C0269/00C000 | Flanders | 896 m² | 1 · 921 m² | 18.8 m · 5 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded29-12-2022
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.