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LeoNora

Active
Private limited companyfounded 2024active for 2 yearsStationssteenweg(Kessel) 85, 2560 Nijlen, BelgiumKBO/BCE: BE 1014.982.264
Summary

The computed 12-month bankruptcy probability of LeoNora is 2.4% (moderate). The 2025 annual accounts show equity of €29,390 and a net result of -€5,610. Its solvency ranks better than 55% of 16,893 sector peers (NACE 56, 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

2025 annual accounts filed late (23 days) Filed on 23 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00415713.

Turnover
≈ €280,000
Estimated: probably between €240,000 and €370,000
Total assets
€84,227
Net result
-€5,610
Working capital
€16,033

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €84,227
Fixed assets €43,788
Current assets €40,439
Equity and liabilities €84,227
Equity €29,390
Debt €54,837
Debt finances 65.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€4,059
Cash flow
€2,650
Current ratio
1.66
Quick ratio
1.37
Debt to equity
1.87
ROE
-19.1%
ROA
-6.7%
Interest coverage
1.34
Debt ≤ 1 year
€24,406
Debt > 1 year
€30,000
Staff costs
€78,423

Peer companies

Historical observation

Of the 2,145 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 91.7% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.2% went bankrupt
5.9% stopped otherwise
91.7% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.4% 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 497,445 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% 0.9%
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 2,145 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 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€84,227
Fixed assets21/28€43,788
Intangible fixed assets21€30,742
Tangible fixed assets22/27€7,294
Plant, machinery and equipment23€3,902
Other tangible fixed assets26€3,392
Financial fixed assets28€5,752
Current assets29/58€40,439
Stocks and contracts in progress3€6,940
Stocks30/36€6,940
Amounts receivable within one year40/41€6,591
Trade receivables40€6,591
Cash at bank and in hand54/58€26,637
Deferred charges and accrued income490/1€271
Equity and liabilities
Total equity and liabilities10/49€84,227
Equity10/15€29,390
Contributions10/11€35,000
Profit (loss) carried forward14-€5,610
Amounts payable17/49€54,837
Amounts payable after more than one year17€30,000
Financial debts170/4€30,000
Amounts payable within one year42/48€24,406
Trade debts44€10,903
Suppliers440/4€10,903
Taxes, remuneration and social security45€12,535
Taxes450/3€6,414
Remuneration and social security454/9€6,121
Other amounts payable47/48€968
Accrued charges and deferred income492/3€431
Income statement Code2025
Remuneration, social security and pensions62€78,423
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,260
Other operating charges640/8€1,279
Non-recurring operating charges66A€3,828
Gross operating margin9900€87,589
Operating profit (loss)9901-€4,201
Financial income75/76B€1,631
Recurring financial income75€1,631
Financial charges65/66B€3,040
Recurring financial charges65€3,040
Profit (loss) for the period before taxes9903-€5,610
Profit (loss) for the period9904-€5,610
Profit (loss) for the period to be appropriated9905-€5,610
Appropriation of the result
Profit (loss) to be appropriated9906-€5,610

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€78,423
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,260
Other operating charges640/8€1,279
Non-recurring operating charges66A€3,828
Gross operating margin9900€87,589
Operating profit (loss)9901-€4,201
Financial income75/76B€1,631
Recurring financial income75€1,631
Financial charges65/66B€3,040
Recurring financial charges65€3,040
Profit (loss) for the period before taxes9903-€5,610
Profit (loss) for the period9904-€5,610
Profit (loss) for the period to be appropriated9905-€5,610
Line2025
Assets
Total assets20/58€84,227
Fixed assets21/28€43,788
Intangible fixed assets21€30,742
Tangible fixed assets22/27€7,294
Plant, machinery and equipment23€3,902
Other tangible fixed assets26€3,392
Financial fixed assets28€5,752
Current assets29/58€40,439
Stocks and contracts in progress3€6,940
Stocks30/36€6,940
Amounts receivable within one year40/41€6,591
Trade receivables40€6,591
Cash at bank and in hand54/58€26,637
Deferred charges and accrued income490/1€271
Equity and liabilities
Total equity and liabilities10/49€84,227
Equity10/15€29,390
Contributions10/11€35,000
Profit (loss) carried forward14-€5,610
Amounts payable17/49€54,837
Amounts payable after more than one year17€30,000
Financial debts170/4€30,000
Amounts payable within one year42/48€24,406
Trade debts44€10,903
Suppliers440/4€10,903
Taxes, remuneration and social security45€12,535
Taxes450/3€6,414
Remuneration and social security454/9€6,121
Other amounts payable47/48€968
Accrued charges and deferred income492/3€431
Line2025
Profit (loss) for the period9904-€5,610
+ Depreciation and write-downs630€8,260
Operating cash flow (approximation)€2,650

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 23-08-2026 2026-00415713

Similar companies · same sector, comparable size

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