Equity
€709,609 ▲ 34.5%
Leovic has made a profit in every financial year since 2023.
Leovic
Lifetime
3 annual accounts with figures on one time axispeak €232,277 (2025)
€232,277▲ 238%
peak €82,179 (2025)
€82,179▲ 375%
peak €709,609 (2025)
€709,609▲ 34.5%
€883,921▲ 66.1%
Board1 name since 2018
1 directorTom Bogaert
Documentsfilings and deeds
25-07-20266 days before the deadline
2025micro format
Gross margin from €68,722 to €232,277Result from €17,297 to €82,179Capital increase 22-08Equity from €527,431 to €709,609Debts from €532,241 to €883,921Investments €501,175
Key points
from the 2025 annual accountsResult
€82,179 ▲ 375%
The result rose in 2025 from €17,297 to €82,179.
Turnover
≈ €390,000 estimated
The micro format states no turnover.
Debts
€883,921 ▲ 66.1%
Debts rose by €351,681 in 2025.
Investments
€501,175 5.5 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 99.6% higher than in 2024.
Position in the sector
€709,609
More equity than 92% of companies in head offices and management consultancy. Sector median €78,216 · 39,400 companies.
Checked score
93
Excellent
Financially stronger than 43% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025highest value
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 1.02, cash €69,339, halved
lowers risk
Size: total assets €1.6m
Sector: Activities of head offices; management consultancy activities (NACE 70)
Figures for financial year 2025 (filed on 25-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 41% of them on solvency, 16% on liquidity, 38% on profitability and 75% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,782 companies had the same profile as Leovic has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
That fits the bankruptcy probability of Leovic itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,782 companies, not a prediction for Leovic. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.02 (1.16 in 2024), below the usual 1.5. Short-term debt is 42.8% and cash 4.4% of total assets. 55.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 25-07-2026, 6 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
6 days early
2024
12 days early
2023
26 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 15 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Tom Bogaert 0 sharesdeed of 22-08-2025
Shares in 4 companies, including Terranova and WULLOK
Board & ownershipRecent changes
Capital increase
Capital from vijfhonderdzevenentwintigduizend vierhonderdeenendertig euro to zeshonderdzevenentwintigduizend vierhonderdeenendertig euro · Tom Bogaert holds all the shares · General meeting of 14-08-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0686993986
Registered office moved to Bruges
Capital contribution of €412,650 · Contribution: Tom Bogaert · New registered office: Jules van Praetstraat 70, 8000 Brugge · General meeting of 13-09-2023 · Gazette deed
Incorporation
Founder: BOGAERT Tom (general partner) · Founding capital of €18,600, 1,000 shares · Appointment: BOGAERT Tom (statutory manager) · published on 05-01-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Leovic Bruges | €1.6m | €232,277 | 44.5% | - |
| Immo Marie Bruges | €1.7m | €223,789 | 20.0% | - |
| VERBRAAK Roeselare | €1.6m | €269,970 | 57.5% | - |
| FELUSE Hooglede | €1.7m | €210,333 | 60.4% | - |
| FRESH CONNECTION HOLDING Antwerp | €1.5m | €246,892 | 2.3% | 0 |
| Van Bael Consulting Zoersel | €1.2m | €229,213 | 39.3% | - |
| BerBeCo Holdings Kontich | €2.1m | €218,378 | -20.9% | 0 |
These companies have the same main activity as Leovic: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €1.2m and €2.1m, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 03-01-2018Normal situation
- Activity
- Activities of head officesNACE 70100and 2 others
- Establishment unit
- 2.272.195.5048000 Bruges, since 03-01-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 10-03-2025
Annual accounts 2025
- €1.6m▲ 50.4%
- Filing
- Filed on 25-07-2026, 6 days before the end of the filing period
Companies linked to Leovic
Subsidiaries and holdings
Insights on Leovic
Leovic files the micro format. That format states no turnover. The gross margin rose from €42,103 in 2023 to €232,277 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Leovic
- What is the company number of Leovic?
- The company number of Leovic is 0686.993.986. The VAT number is the same number with BE in front: BE 0686.993.986.
- Where is Leovic based?
- The registered office is at Jules van Praetstraat 70, 8000 Bruges.Company details
- What does Leovic do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of Leovic?
- Leovic is a private limited company (BV).
- When was Leovic founded?
- Leovic was founded on 03-01-2018.
- Is Leovic still active?
- Yes, Leovic is an active enterprise in the KBO register.
- What is the turnover of Leovic?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €232,277 and 113 comparable companies (NACE 70). It probably lies between €330,000 and €460,000.Financials
- Is Leovic profitable?
- In financial year 2025, Leovic made a profit of €82,179.
- Where can I find the annual accounts of Leovic?
- Leovic filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Leovic due?
- Leovic must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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