LEOVAN
ActiveThe computed 12-month bankruptcy probability of LEOVAN is 1.9% (moderate). The 2025 annual accounts show equity of €41k and a net result of €5k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 7330 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
86
/ 100
Excellent▲ +51 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▲+57
Solvency55▲+5
Growth52=
Stability94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.0 in 2024), and 70.6% of the assets are financed with debt.
Credit advice 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
29.4%
Return on assets
3.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
25 d early
2024
51 d early
2023
54 d early
2022
60 d early
2021
33 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€41k▲ 13.0%
2024 · €36k
2021: €13k
2022: €39k
2023: €44k
2024: €36k
2021 → 2025
Total assets
€138k▲ 21.7%
2024 · €114k
2021: €44k
2022: €91k
2023: €124k
2024: €114k
2021 → 2025
Net result
€5k
2024 · €-8k
2021: €12k
2022: €26k
2023: €5k
2024: €-8k
2021 → 2025
Working capital
€21k
2024 · €-21
2021: €-13k
2022: €-7k
2023: €785
2024: €-21
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€39k▲ 204%€44k▲ 13.2%€36k▼ 18.2%€41k▲ 13.0%
Operating result€14k-€34k▲ 142%€9k▼ 73.8%€-6k€9k
Net result€12k-€26k▲ 121%€5k▼ 80.3%€-8k€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €9k after a loss of €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138k
Fixed assets
€66k▲ 3.5%
Current assets
€73k▲ 44.5%
Equity and liabilities €138k
Equity
€41k▲ 13.0%
Debt
€98k▲ 25.7%
The debt ratio rises from 68.3% to 70.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€30k▲
2024 · €15k
Cash flow
€26k▲
2024 · €13k
Solvency
29.4%▼
2024 · 31.7%
Current ratio
1.40▲
2024 · 1.00
Quick ratio
1.40▲
2024 · 1.00
Debt / equity
2.40▲
2024 · 2.16
ROE
11.5%▲
2024 · -22.3%
ROA
3.4%▲
2024 · -7.1%
Interest coverage
8.69▲
2024 · 7.30
Debt
€98k▲
2024 · €78k
Debt ≤ 1 year
€52k▲
2024 · €50k
Debt > 1 year
€46k▲
2024 · €26k
Income taxes
€957▲
2024 · €38
Staff costs
€122k▲
2024 · €108k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€114k€138k▲
Fixed assets21/28€63k€66k▲
Tangible fixed assets22/27€61k€63k▲
Plant, machinery and equipment23€27k€19k▼
Furniture and vehicles24€34k€45k▲
Financial fixed assets28€2k€2k=
Current assets29/58€50k€73k▲
Amounts receivable within one year40/41€36k€28k▼
Trade receivables40€28k€14k▼
Other amounts receivable41€7k€14k▲
Cash at bank and in hand54/58€10k€42k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€114k€138k▲
Equity10/15€36k€41k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€35k€40k▲
Amounts payable17/49€78k€98k▲
Amounts payable after more than one year17€26k€46k▲
Financial debts170/4€26k€46k▲
Amounts payable within one year42/48€50k€52k▲
Current portion of amounts payable after more than one year42€12k€19k▲
Trade debts44€27k€28k▲
Suppliers440/4€27k€28k▲
Taxes, remuneration and social security45€6k€37▼
Taxes450/3€1k€37▼
Remuneration and social security454/9€5k-
Other amounts payable47/48€6k€5k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€108k€122k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k▼
Other operating charges640/8€1k€812▼
Non-recurring operating charges66A-€4k
Gross operating margin9900€124k€157k▲
Operating profit (loss)9901€-6k€9k▲
Financial income75/76B€202€154▼
Recurring financial income75€202€154▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-8k€6k▲
Income taxes67/77€38€957▲
Profit (loss) for the period9904€-8k€5k▲
Profit (loss) for the period to be appropriated9905€-8k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€40k▲
Profit (loss) brought forward from the previous period14P€43k€35k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-8k ▼256%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €26k ▲121%
Operating result €34k, net result €26k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Truiden · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Minderbroedersstraat 63800 Sint-TruidenGround area
832 m²
Building footprint
442 m²
Volume, LiDAR
4,834 m³
Parcel 71053H1008/00D000, Flanders · tallest building 16.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LEOVAN
since 20212.312.332.322
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71053H1008/00D000 | Flanders | 832 m² | 1 · 442 m² | 16.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,346 EUR awarded · 1,278 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 185 EUR | 117 EUR |
| 2024 | 1 | 954 EUR | 954 EUR |
| 2022 | 1 | 207 EUR | 207 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 12,855 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-01-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43240Other construction installation
43299Specialised construction activities
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.