LEONINO
ActiveSummary
LEONINO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77,128 and a net result of €10,384. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 18716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-2
Solvency69=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.66 in 2024; short-term debt: 35.3% and cash: 4.9% of total assets), but 56.1% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-11-2025, 27 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 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
10 d late
2022
30 d late
2021
30 d late
2020
1 d early
2018
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 29 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€77,128▲ 9.0%
2024 · €70,744
Total assets
€175,822▲ 8.3%
2024 · €162,341
Net result
€10,384▼ 13.6%
2024 · €12,025
Working capital
€36,547▲ 31.5%
2024 · €27,794
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€46,733▲ 215%€6,365▼ 86.4%€20,909▲ 228%€25,038▲ 19.7%€19,373▼ 22.6%
Net result€33,032above the sector's middle half▲ 143%€3,076within the sector's middle half▼ 90.7%€11,313within the sector's middle half▲ 268%€12,025within the sector's middle half▲ 6.3%€10,384within the sector's middle half▼ 13.6%
Equity€52,329within the sector's middle half▲ 171%€55,406within the sector's middle half▲ 5.9%€62,719within the sector's middle half▲ 13.2%€70,744within the sector's middle half▲ 12.8%€77,128within the sector's middle half▲ 9.0%
Total assets€161,613within the sector's middle half▼ 14.4%€130,778within the sector's middle half▼ 19.1%€115,104within the sector's middle half▼ 12.0%€162,341within the sector's middle half▲ 41.0%€175,822within the sector's middle half▲ 8.3%
Debt€109,284▼ 35.6%€75,373▼ 31.0%€52,385▼ 30.5%€91,597▲ 74.9%€98,694▲ 7.7%
Working capital€16,845within the sector's middle half€27,055within the sector's middle half▲ 60.6%€29,763within the sector's middle half▲ 10.0%€27,794within the sector's middle half▼ 6.6%€36,547within the sector's middle half▲ 31.5%
Solvency32.4%within the sector's middle half▲ 22.2pp42.4%within the sector's middle half▲ 10.0pp54.5%within the sector's middle half▲ 12.1pp43.6%within the sector's middle half▼ 10.9pp43.9%within the sector's middle half▲ 0.3pp
Current ratio1.34within the sector's middle half▲ 0.531.75within the sector's middle half▲ 0.411.89within the sector's middle half▲ 0.141.66within the sector's middle half▼ 0.231.59within the sector's middle half▼ 0.07
Return on assets (ROA)20.4%above the sector's middle half▲ 13.3pp2.4%within the sector's middle half▼ 18.1pp9.8%within the sector's middle half▲ 7.5pp7.4%within the sector's middle half▼ 2.4pp5.9%within the sector's middle half▼ 1.5pp
Staff (FTE)1.42.3▲ 64.3%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €175,822
Fixed assets
€77,261 ▼ 16.2%
Current assets
€98,561 ▲ 40.5%
Equity and liabilities €175,822
Equity
€77,128 ▲ 9.0%
Debt
€98,694 ▲ 7.7%
Debt's share of the balance-sheet total falls from 56.4% to 56.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€61,476▲
2024 · €59,817
Cash flow
€52,488▲
2024 · €46,805
Quick ratio
0.65▼
2024 · 1.08
Debt to equity
1.28▼
2024 · 1.29
ROE
13.5%▼
2024 · 17.0%
Interest coverage
12.53▲
2024 · 11.96
Debt ≤ 1 year
€62,014▲
2024 · €42,376
Debt > 1 year
€36,680▼
2024 · €49,221
Income taxes
€4,231▼
2024 · €8,359
Staff costs
€83,313▲
2024 · €23,093
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% 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 34,696 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €11,209 | - |
| Remuneration, social security and pensions62 | - | - | - | €23,093 | €83,313 | ▲ 261% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,575 | €16,506 | €16,330 | €34,780 | €42,104 | ▲ 21.1% |
| Other operating charges640/8 | - | €1,034 | €2,117 | €5,372 | €2,682 | ▼ 50.1% |
| Gross operating margin9900 | €70,216 | €23,905 | €39,356 | €88,282 | €147,471 | ▲ 67.0% |
| Operating profit (loss)9901 | €46,733 | €6,365 | €20,909 | €25,038 | €19,373 | ▼ 22.6% |
| Financial income75/76B | - | €110 | €369 | €349 | €149 | ▼ 57.4% |
| Recurring financial income75 | €285 | €110 | €369 | €349 | €149 | ▼ 57.4% |
| Financial charges65/66B | - | €1,851 | €1,484 | €5,002 | €4,906 | ▼ 1.9% |
| Recurring financial charges65 | €1,935 | €1,851 | €1,484 | €5,002 | €4,906 | ▼ 1.9% |
| Profit (loss) for the period before taxes9903 | €45,084 | €4,624 | €19,794 | €20,384 | €14,615 | ▼ 28.3% |
| Income taxes67/77 | €12,052 | €1,548 | €8,481 | €8,359 | €4,231 | ▼ 49.4% |
| Profit (loss) for the period9904 | €33,032 | €3,076 | €11,313 | €12,025 | €10,384 | ▼ 13.6% |
| Profit (loss) for the period to be appropriated9905 | €28,032 | €3,076 | €11,313 | €12,025 | €10,384 | ▼ 13.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €161,613 | €130,778 | €115,104 | €162,341 | €175,822 | ▲ 8.3% |
| Fixed assets21/28 | €94,828 | €67,671 | €51,870 | €92,171 | €77,261 | ▼ 16.2% |
| Tangible fixed assets22/27 | €94,828 | €67,671 | €51,870 | €87,971 | €73,061 | ▼ 16.9% |
| Plant, machinery and equipment23 | - | €66,352 | €51,161 | €86,911 | €61,985 | ▼ 28.7% |
| Furniture and vehicles24 | - | €1,319 | €710 | €1,060 | €11,076 | ▲ 945% |
| Financial fixed assets28 | - | - | - | €4,200 | €4,200 | = |
| Current assets29/58 | €66,786 | €63,107 | €63,233 | €70,170 | €98,561 | ▲ 40.5% |
| Stocks and contracts in progress3 | €20,699 | €31,075 | €22,038 | €24,370 | €58,466 | ▲ 140% |
| Stocks30/36 | - | €31,075 | €22,038 | €24,370 | €58,466 | ▲ 140% |
| Amounts receivable within one year40/41 | €4,938 | €10,911 | €11,046 | €33,410 | €14,376 | ▼ 57.0% |
| Trade receivables40 | - | - | €2,047 | €28,790 | €10,466 | ▼ 63.6% |
| Other amounts receivable41 | - | €10,911 | €9,000 | €4,620 | €3,910 | ▼ 15.4% |
| Cash at bank and in hand54/58 | €41,149 | €18,767 | €29,685 | €12,390 | €8,535 | ▼ 31.1% |
| Deferred charges and accrued income490/1 | - | €2,355 | €464 | - | €17,184 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €161,613 | €130,778 | €115,104 | €162,341 | €175,822 | ▲ 8.3% |
| Equity10/15 | €52,329 | €55,406 | €62,719 | €70,744 | €77,128 | ▲ 9.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €30,089 | €30,089 | €37,089 | €49,089 | €59,089 | ▲ 20.4% |
| Distributable reserves133 | - | €30,089 | €37,089 | €49,089 | €59,089 | ▲ 20.4% |
| Profit (loss) carried forward14 | €3,640 | €6,716 | €7,030 | €3,054 | -€561 | ▼ 118% |
| Amounts payable17/49 | €109,284 | €75,373 | €52,385 | €91,597 | €98,694 | ▲ 7.7% |
| Amounts payable after more than one year17 | €59,343 | €39,320 | €18,915 | €49,221 | €36,680 | ▼ 25.5% |
| Financial debts170/4 | - | €39,320 | €18,915 | €49,221 | €36,680 | ▼ 25.5% |
| Amounts payable within one year42/48 | €49,941 | €36,053 | €33,470 | €42,376 | €62,014 | ▲ 46.3% |
| Current portion of amounts payable after more than one year42 | - | €19,932 | €20,313 | €30,751 | €12,541 | ▼ 59.2% |
| Trade debts44 | €1,427 | €356 | - | €45 | €6,536 | ▲ 14,441% |
| Suppliers440/4 | - | €356 | - | €45 | €6,536 | ▲ 14,441% |
| Taxes, remuneration and social security45 | - | €5,553 | €7,351 | €5,041 | €17,622 | ▲ 250% |
| Taxes450/3 | - | €5,553 | €7,351 | €5,041 | €6,198 | ▲ 22.9% |
| Remuneration and social security454/9 | - | - | - | - | €11,424 | - |
| Other amounts payable47/48 | - | €10,212 | €5,806 | €6,539 | €25,315 | ▲ 287% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,032 | €3,076 | €11,313 | €12,025 | €10,384 | ▼ 13.6% |
| + Depreciation and write-downs630 | €22,575 | €16,506 | €16,330 | €34,780 | €42,104 | ▲ 21.1% |
| Operating cash flow (approximation) | €55,607 | €19,583 | €27,644 | €46,805 | €52,488 | ▲ 12.1% |
| Investment in fixed assets (approximation) | - | €10,650 | -€530 | -€75,080 | -€27,194 | ▲ 63.8% |
| Change in cash | - | -€22,382 | €10,918 | -€17,295 | -€3,855 | ▲ 77.7% |
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
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2023
10-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 10 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
31-03
Financial
Weakest financial yearnet €3,076 ▼90.7%
Net result drops to €3,076, the lowest in the series; recovery starts the following year.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
31-03
Financial
Highest result since 2020net €33,032 ▲143%
Operating result €46,733, net result €33,032, both a record.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2016
15-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
13-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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
Registered office, Evergem · 3 establishment units since 2010
Ground area
4.3 ha
Building footprint
3.2 ha
Volume, LiDAR
95,681 m³
4 parcels, Flanders · tallest building 22.5 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
LEONINO
since 20102.189.642.267
Leonidas Rottiers Zottegem/Confiserie Sarah
since 20232.352.157.750
Leonidas Ninovita
since 20252.378.366.853
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B1603/00G000 | Flanders | 2.2 ha | 1 · 2.2 ha | 22.5 m · 1 fl. |
| 41362B1780/00P000 | Flanders | 2.1 ha | 1 · 9,946 m² | - |
| 43006F0750/00D000 | Flanders | 486 m² | 1 · 102 m² | - |
| 41081A0310/00B000 | Flanders | 109 m² | 1 · 109 m² | 13.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
3 sitesNinove2.189.642.267
Ninove2.378.366.853
Zottegem2.352.157.750
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Of 899 companies in sector 47242 we hold annual accounts for 340. 304 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-03-2010
Fiscal year end31-03
Activities, NACEBEL 2025
47242Retail sale of chocolate and confectionery
E-invoicing
Reachable via Peppol
Peppol ID
0208:0824059936
Also
9925:BE0824059936
Registered
28-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.