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LEONIDAS-AUTO

Inactive
KBO/BCE: BE 0450.177.097

LEONIDAS-AUTO was declared bankrupt on 25-03-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 16-12-2025, published in the Belgian State Gazette on 12-01-2026.

Summary

Inactive; last annual accounts for fiscal year 2022.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 26-09-2023, 57 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
57 d late
2021
31 d late
2020
48 d late
2019
55 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 48 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Total assets went from EUR 10,817 in 2018 to EUR 14,191 in 2022.1 LEONIDAS-AUTO was declared bankrupt on 25 March 2024; the bankruptcy was closed on 16 December 2025.23

  1. 1National Bank, annual accounts 2018 and 2022
  2. 2Belgian State Gazette, 29-03-2024
  3. 3Belgian State Gazette, 12-01-2026

Financials · fiscal year 2022, micro schema

Equity
-€282,865▼ 1.2%
2021 · -€279,569
Total assets
€14,191▼ 57.0%
2021 · €33,013
Net result
-€3,297
2021 · €11,814
Working capital
-€289,295▼ 1.1%
2021 · -€286,213
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
Line20182019202020212022
Operating result-€8,731-€1,078-€12,902€12,207-€3,229
Net result-€8,964-€824-€9,054€11,814-€3,297
Equity-€283,152--€282,328▲ 0.3%-€291,383▼ 3.2%-€279,569▲ 4.1%-€282,865▼ 1.2%
Total assets€10,817-€26,864▲ 148%€27,689▲ 3.1%€33,013▲ 19.2%€14,191▼ 57.0%
Debt€293,968-€309,192▲ 5.2%€319,072▲ 3.2%€312,582▼ 2.0%€297,056▼ 5.0%
Working capital-€283,152--€282,328▲ 0.3%-€298,241▼ 5.6%-€286,213▲ 4.0%-€289,295▼ 1.1%
Staff (FTE)0.50.9▲ 80.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2018: -€8,731-€8,731Net result 2018: -€8,964-€8,964Operating result 2019: €1,078€1,078Net result 2019: €824€824Operating result 2020: -€12,902-€12,902Net result 2020: -€9,054-€9,054Operating result 2021: €12,207€12,207Net result 2021: €11,814€11,814Operating result 2022: -€3,229-€3,229Net result 2022: -€3,297-€3,29720182019202020212022-€20,000-€10,000€0€10,000Operating result 2020: -€12,902-€12,900Net result 2020: -€9,054-€9,050Operating result 2021: €12,207€12,200Net result 2021: €11,814€11,800Operating result 2022: -€3,229-€3,230Net result 2022: -€3,297-€3,300202020212022
The operating result turns negative in 2022: a loss of €3,229 after €12,207 in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €14,191
Fixed assets €6,429 ▼ 3.2%
Current assets €7,761 ▼ 70.6%
Key figures and ratios
2022 value · change against 2021
EBITDA
-€3,014▼
2021 · €12,422
Cash flow
-€3,082▼
2021 · €12,029
Current ratio
0.03▼
2021 · 0.08
Debt to equity
-1.05▲
2021 · -1.12
ROA
-23.2%▼
2021 · 35.8%
Interest coverage
-44.60▼
2021 · 52.15
Debt ≤ 1 year
€297,056▼
2021 · €312,582
A ratio outside any meaningful range has been withheld (balance sheet total €14,191, equity -€282,865).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 41 lines
Balance sheet Code20212022
Assets
Total assets20/58€33,013€14,191▼
Fixed assets21/28€6,644€6,429▼
Tangible fixed assets22/27€644€429▼
Furniture and vehicles24€644€429▼
Financial fixed assets28€6,000€6,000=
Current assets29/58€26,369€7,761▼
Amounts receivable within one year40/41€7,213€4,803▼
Trade receivables40€7,213€4,493▼
Other amounts receivable41-€310
Cash at bank and in hand54/58€19,157€2,959▼
Equity and liabilities
Total equity and liabilities10/49€33,013€14,191▼
Equity10/15-€279,569-€282,865▼
Contributions10/11€18,592€18,592=
Capital10€18,592€18,592=
Issued capital100€18,592€18,592=
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859=
Legal reserve130€1,859€1,859=
Profit (loss) carried forward14-€300,020-€303,316▼
Amounts payable17/49€312,582€297,056▼
Amounts payable within one year42/48€312,582€297,056▼
Trade debts44€19,910€16,012▼
Suppliers440/4€19,910€16,012▼
Taxes, remuneration and social security45€129-
Taxes450/3€129-
Other amounts payable47/48€292,544€281,044▼
Income statement Code20212022
Remuneration, social security and pensions62€16,880-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€215€215=
Other operating charges640/8€348€1,148▲
Gross operating margin9900€29,650-€1,866▼
Operating profit (loss)9901€12,207-€3,229▼
Financial income75/76B€24-
Recurring financial income75€24-
Financial charges65/66B€238€68▼
Recurring financial charges65€238€68▼
Profit (loss) for the period before taxes9903€11,993-€3,297▼
Income taxes67/77€179-
Profit (loss) for the period9904€11,814-€3,297▼
Profit (loss) for the period to be appropriated9905€11,814-€3,297▼
Appropriation of the result
Profit (loss) to be appropriated9906-€300,020-€303,316▼
Profit (loss) brought forward from the previous period14P-€311,834-€300,020▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Remuneration, social security and pensions62---€16,880--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€215€215€215=
Other operating charges640/8---€348€1,148▲ 230%
Gross operating margin9900-€7,884€1,925-€263€29,650-€1,866▼ 106%
Operating profit (loss)9901-€8,731€1,078-€12,902€12,207-€3,229▼ 126%
Financial income75/76B---€24--
Recurring financial income75€0€12€129€24--
Financial charges65/66B---€238€68▼ 71.6%
Recurring financial charges65€232€267€282€238€68▼ 71.6%
Profit (loss) for the period before taxes9903-€8,964€824-€9,054€11,993-€3,297▼ 127%
Income taxes67/77---€179--
Profit (loss) for the period9904-€8,964€824-€9,054€11,814-€3,297▼ 128%
Profit (loss) for the period to be appropriated9905-€8,964€824-€9,054€11,814-€3,297▼ 128%
Line20182019202020212022Change
Assets
Total assets20/58€10,817€26,864€27,689€33,013€14,191▼ 57.0%
Fixed assets21/28--€6,859€6,644€6,429▼ 3.2%
Tangible fixed assets22/27--€859€644€429▼ 33.3%
Furniture and vehicles24---€644€429▼ 33.3%
Financial fixed assets28--€6,000€6,000€6,000=
Current assets29/58€10,817€26,864€20,831€26,369€7,761▼ 70.6%
Stocks and contracts in progress3€5,779€12,300€11,146---
Amounts receivable within one year40/41€3,086€5,855€6,804€7,213€4,803▼ 33.4%
Trade receivables40---€7,213€4,493▼ 37.7%
Other amounts receivable41----€310-
Cash at bank and in hand54/58€1,952€8,709€2,537€19,157€2,959▼ 84.6%
Equity and liabilities
Total equity and liabilities10/49€10,817€26,864€27,689€33,013€14,191▼ 57.0%
Equity10/15-€283,152-€282,328-€291,383-€279,569-€282,865▼ 1.2%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Capital10---€18,592€18,592=
Issued capital100---€18,592€18,592=
Reserves13€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1---€1,859€1,859=
Legal reserve130---€1,859€1,859=
Profit (loss) carried forward14-€303,603-€302,779-€311,834-€300,020-€303,316▼ 1.1%
Amounts payable17/49€293,968€309,192€319,072€312,582€297,056▼ 5.0%
Amounts payable within one year42/48€293,968€309,192€319,072€312,582€297,056▼ 5.0%
Trade debts44€6,774€16,992€26,228€19,910€16,012▼ 19.6%
Suppliers440/4---€19,910€16,012▼ 19.6%
Taxes, remuneration and social security45---€129--
Taxes450/3---€129--
Other amounts payable47/48---€292,544€281,044▼ 3.9%
Line20182019202020212022Change
Profit (loss) for the period9904-€8,964€824-€9,054€11,814-€3,297▼ 128%
+ Depreciation and write-downs630--€215€215€215=
Operating cash flow (approximation)-€8,964€824-€8,840€12,029-€3,082▼ 126%
Investment in fixed assets (approximation)---€0€0-
Change in cash-€6,757-€6,172€16,620-€16,198▼ 197%

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

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Timeline · acts, filings and financial milestones

2026
12-01
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 16-12-2025
2024
29-03
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 25-03-2024
2023
26-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Back to profitnet €11,814
Net result €11,814 after one loss-making year.
17-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 48 days late
2020
31-12
Financial Weakest financial yearnet -€9,054
Net result drops to -€9,054, the lowest in the series.
24-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
31-12
Financial Back to profitnet €824
Net result €824 after one loss-making year.
23-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
02-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
Show earlier events
2016
19-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 19 days late
2015
09-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
20-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 20 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator LUCILLE BERMOND
CHAUSSEE DE LA HULPE 187, 1170 WATERMAEL-BOITSFORT
25-03-2024 → 16-12-2025