LEOTI
ActiveSummary
The annual accounts of LEOTI for fiscal year 2025 show a net loss of 86% of the equity at the start of that year. The 2025 annual accounts show equity of €1k and a net result of €-9k. Equity is growing by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 24% of 18400 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability11▼-33
Solvency27▼-9
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.31 against 0.46 in 2024; short-term debt: 78.3% and cash: 4.3% of total assets), and 98.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.8%
Return on assets
-11.4%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 18400 sector peers (2025).
NBB · sector comparisonPosition among 18400 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 d early
2024
on the day
2023
6 d early
2022
5 d early
2021
1 d early
2020
29 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1k▼ 86.4%
2024 · €11k
2018: €3k
2019: €3k▲ +1.7% vs 2018
2020: €6k▲ +85.1% vs 2019
2021: €6k▼ -1.4% vs 2020
2022: €15k▲ +164% vs 2021highest in 8 years
2023: €10k▼ -30.3% vs 2022
2024: €11k▲ +0.2% vs 2023
2025: €1k▼ -86.4% vs 2024lowest in 8 years
2018 → 2025
Total assets
€79k▼ 18.2%
2024 · €97k
2018: €81k
2019: €85k▲ +5.0% vs 2018
2020: €83k▼ -2.0% vs 2019
2021: €73k▼ -12.4% vs 2020lowest in 8 years
2022: €101k▲ +38.0% vs 2021highest in 8 years
2023: €90k▼ -10.2% vs 2022
2024: €97k▲ +7.5% vs 2023
2025: €79k▼ -18.2% vs 2024
2018 → 2025
Net result
€-9k
2024 · €20
2018: €-4k
2019: €52▲ +101% vs 2018
2020: €3k▲ +5044% vs 2019
2021: €-84▼ -103% vs 2020
2022: €9k▲ +11238% vs 2021highest in 8 years
2023: €-5k▼ -149% vs 2022
2024: €20▲ +100% vs 2023
2025: €-9k▼ -45410% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-43k▼ 29.2%
2024 · €-33k
2018: €-11k
2019: €-15k▼ -40.1% vs 2018
2020: €-10k▲ +34.5% vs 2019highest in 8 years
2021: €-18k▼ -81.0% vs 2020
2022: €-20k▼ -12.4% vs 2021
2023: €-28k▼ -42.9% vs 2022
2024: €-33k▼ -18.0% vs 2023
2025: €-43k▼ -29.2% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€15k▲ 164%€10k▼ 30.3%€11k▲ 0.2%€1k▼ 86.4%
2021: €6k
2022: €15k▲ +164% vs 2021highest in 5 years
2023: €10k▼ -30.3% vs 2022
2024: €11k▲ +0.2% vs 2023
2025: €1k▼ -86.4% vs 2024lowest in 5 years
Operating result€12k-€20k▲ 63.6%€113▼ 99.4%€5k▲ 3,883%€-5k
2021: €12k
2022: €20k▲ +63.6% vs 2021highest in 5 years
2023: €113▼ -99.4% vs 2022
2024: €5k▲ +3883% vs 2023
2025: €-5k▼ -217% vs 2024lowest in 5 years
Net result€-84-€9k€-5k€20€-9k
2021: €-84
2022: €9k▲ +11238% vs 2021highest in 5 years
2023: €-5k▼ -149% vs 2022
2024: €20▲ +100% vs 2023
2025: €-9k▼ -45410% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €5k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€60k ▼ 11.5%
Current assets
€19k ▼ 34.1%
Equity and liabilities €79k
Equity
€1k ▼ 86.4%
Debt
€78k ▼ 9.9%
Debt's share of the balance-sheet total rises from 89.2% to 98.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2024 · €13k
Cash flow
€-905▼
2024 · €8k
Current ratio
0.31▼
2024 · 0.46
Quick ratio
0.16▼
2024 · 0.32
Debt to equity
54.44▲
2024 · 8.24
ROE
-633.4%▼
2024 · 0.2%
ROA
-11.4%▼
2024 · 0.0%
Interest coverage
0.76▼
2024 · 3.00
Debt ≤ 1 year
€62k▼
2024 · €62k
Debt > 1 year
€16k▼
2024 · €24k
Income taxes
€475▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€97k€79k▼
Fixed assets21/28€68k€60k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€68k€60k▼
Land and buildings22€54k€52k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€10k€5k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€267€267=
Current assets29/58€29k€19k▼
Stocks and contracts in progress3€9k€9k▲
Stocks30/36€9k€9k▲
Amounts receivable within one year40/41€19k€6k▼
Trade receivables40€19k€6k▼
Cash at bank and in hand54/58€762€3k▲
Deferred charges and accrued income490/1€542€153▼
Equity and liabilities
Total equity and liabilities10/49€97k€79k▼
Equity10/15€11k€1k▼
Contributions10/11€6k€6k=
Reserves13€9k€9k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€8k€8k=
Profit (loss) carried forward14€-5k€-14k▼
Amounts payable17/49€87k€78k▼
Amounts payable after more than one year17€24k€16k▼
Financial debts170/4€24k€16k▼
Amounts payable within one year42/48€62k€62k▼
Current portion of amounts payable after more than one year42€10k€9k▼
Financial debts43€9k€6k▼
Credit institutions430/8€9k€6k▼
Trade debts44€18k€13k▼
Suppliers440/4€18k€13k▼
Taxes, remuneration and social security45€14k€18k▲
Taxes450/3€14k€18k▲
Other amounts payable47/48€10k€17k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€15k€5k▼
Operating profit (loss)9901€5k€-5k▼
Financial income75/76B€3k€501▼
Recurring financial income75€3k€501▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€3k€-9k▼
Income taxes67/77€3k€475▼
Profit (loss) for the period9904€20€-9k▼
Profit (loss) for the period to be appropriated9905€20€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-14k▼
Profit (loss) brought forward from the previous period14P€-5k€-5k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €9k | €9k | €8k | €8k | ▼ 1.2% |
| Other operating charges640/8 | €3k | €3k | €1k | €2k | €2k | ▼ 2.8% |
| Gross operating margin9900 | €22k | €31k | €11k | €15k | €5k | ▼ 68.4% |
| Operating profit (loss)9901 | €12k | €20k | €113 | €5k | €-5k | ▼ 217% |
| Financial income75/76B | €1k | €157 | €21 | €3k | €501 | ▼ 82.2% |
| Recurring financial income75 | €1k | €157 | €21 | €3k | €501 | ▼ 82.2% |
| Financial charges65/66B | €10k | €3k | €3k | €4k | €4k | ▼ 9.9% |
| Recurring financial charges65 | €10k | €3k | €3k | €4k | €4k | ▼ 9.9% |
| Profit (loss) for the period before taxes9903 | €3k | €17k | €-3k | €3k | €-9k | ▼ 382% |
| Income taxes67/77 | €3k | €7k | €2k | €3k | €475 | ▼ 84.3% |
| Profit (loss) for the period9904 | €-84 | €9k | €-5k | €20 | €-9k | ▼ 45,410% |
| Profit (loss) for the period to be appropriated9905 | €-84 | €9k | €-5k | €20 | €-9k | ▼ 45,410% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €73k | €101k | €90k | €97k | €79k | ▼ 18.2% |
| Fixed assets21/28 | €53k | €59k | €67k | €68k | €60k | ▼ 11.5% |
| Intangible fixed assets21 | - | €2k | €863 | €0 | - | - |
| Tangible fixed assets22/27 | €53k | €57k | €66k | €68k | €60k | ▼ 11.5% |
| Land and buildings22 | €43k | €42k | €56k | €54k | €52k | ▼ 4.1% |
| Plant, machinery and equipment23 | €2k | €2k | €1k | €2k | €2k | ▼ 14.0% |
| Furniture and vehicles24 | €8k | €14k | €9k | €10k | €5k | ▼ 50.2% |
| Other tangible fixed assets26 | - | - | - | €3k | €2k | ▼ 20.9% |
| Financial fixed assets28 | €148 | €148 | €148 | €267 | €267 | = |
| Current assets29/58 | €19k | €41k | €23k | €29k | €19k | ▼ 34.1% |
| Amounts receivable after more than one year29 | €7k | €7k | €7k | - | - | - |
| Trade receivables290 | - | €7k | €7k | - | - | - |
| Other amounts receivable291 | €7k | - | - | - | - | - |
| Stocks and contracts in progress3 | €8k | €11k | €6k | €9k | €9k | ▲ 4.0% |
| Stocks30/36 | €8k | €11k | €6k | €9k | €9k | ▲ 4.0% |
| Amounts receivable within one year40/41 | €2k | €17k | €9k | €19k | €6k | ▼ 67.0% |
| Trade receivables40 | €2k | €17k | €7k | €19k | €6k | ▼ 67.0% |
| Other amounts receivable41 | €0 | - | €2k | - | - | - |
| Cash at bank and in hand54/58 | €2k | €5k | €202 | €762 | €3k | ▲ 349% |
| Deferred charges and accrued income490/1 | €564 | €1k | €728 | €542 | €153 | ▼ 71.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €73k | €101k | €90k | €97k | €79k | ▼ 18.2% |
| Equity10/15 | €6k | €15k | €10k | €11k | €1k | ▼ 86.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €9k | €9k | €9k | €9k | €9k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €8k | €8k | €8k | €8k | €8k | = |
| Profit (loss) carried forward14 | €-10k | €-602 | €-5k | €-5k | €-14k | ▼ 176% |
| Amounts payable17/49 | €67k | €86k | €80k | €87k | €78k | ▼ 9.9% |
| Amounts payable after more than one year17 | €30k | €24k | €28k | €24k | €16k | ▼ 35.0% |
| Financial debts170/4 | €30k | €24k | €28k | €24k | €16k | ▼ 35.0% |
| Amounts payable within one year42/48 | €37k | €61k | €52k | €62k | €62k | ▼ 0.1% |
| Current portion of amounts payable after more than one year42 | €7k | €14k | €14k | €10k | €9k | ▼ 18.4% |
| Financial debts43 | €6k | €5k | €6k | €9k | €6k | ▼ 29.0% |
| Credit institutions430/8 | €6k | €5k | €6k | €9k | €6k | ▼ 29.0% |
| Trade debts44 | €16k | €20k | €9k | €18k | €13k | ▼ 30.1% |
| Suppliers440/4 | €16k | €20k | €9k | €18k | €13k | ▼ 30.1% |
| Taxes, remuneration and social security45 | €8k | €21k | €10k | €14k | €18k | ▲ 25.8% |
| Taxes450/3 | €8k | €21k | €10k | €14k | €18k | ▲ 25.8% |
| Other amounts payable47/48 | €284 | €1k | €13k | €10k | €17k | ▲ 61.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-84 | €9k | €-5k | €20 | €-9k | ▼ 45,410% |
| + Depreciation and write-downs630 | €6k | €9k | €9k | €8k | €8k | ▼ 1.2% |
| Operating cash flow (approximation) | €6k | €18k | €5k | €8k | €-905 | ▼ 111% |
| Investment in fixed assets (approximation) | - | €-14k | €-17k | €-10k | €-346 | ▲ 96.4% |
| Change in cash | - | €3k | €-5k | €560 | €3k | ▲ 374% |
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
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €20
Net result €20 after one loss-making year.
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €52
Net result €52 after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 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, Elsene · 1 establishment unit since 2008
Ground area
194 m²
Building footprint
78 m²
Volume, LiDAR
900 m³
Parcel 21443C0241/00N003, Brussels · tallest building 16.2 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
LEOTI
since 20082.169.128.549
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443C0241/00N003 | Brussels | 194 m² | 1 · 78 m² | 16.2 m · 4 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.
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Of 531 companies in sector 47530 we hold annual accounts for 323. 32 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
Founded04-02-2008
Fiscal year end30-09
Activities, NACEBEL 2025
47530Retail trade
16110Sawmilling and planing of wood
16210Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
16230Manufacture of other builders' carpentry and joinery
16240Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
16281Manufacture of other wood products
31001Manufacture of furniture
47400Retail sale of information and communication equipment
47512Retail sale of household textiles and bedding
47519Retail trade
47526Retail trade
47527Retail trade
47540Retail sale of electrical household appliances
47551Retail sale of household furniture
47722Retail trade
47791Retail sale of antiques
47793Retail sale of other second-hand goods, excluding clothing
Scores and ratios are computed by Checked and are not a credit decision.