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Leovicus

Active
Private limited companyfounded 199927 yrs activeZwaluwweg 3, 3910 Pelt, BelgiumKBO/BCE: BE 0466.406.187
Summary

Leovicus has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €149,189 and a net result of €129,738. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 71% of 11508 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency93▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 29.13 against 3.37 in 2024; short-term debt: 2.6% and cash: 14.2% of total assets), and 32.1% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
67.9%
Return on assets
59.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
19 d early
2024
123 d early
2023
40 d early
2022
41 d early
2021
33 d early
2020
34 d early
2019
29 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 46 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 22 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 14 July 1999, Leovicus was incorporated.1 Total assets went from EUR 17,807 in 2019 to EUR 219,560 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€149,189▲ 667%
2024 · €19,451
Total assets
€219,560▲ 694%
2024 · €27,652
Net result
€129,738▲ 134%
2024 · €55,520
Working capital
€159,385▲ 719%
2024 · €19,451
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale 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-€4,239▼ 39.9%-€804▲ 81.0%-€2,839▼ 253%-€5,403▼ 90.3%€147,707
Net result-€3,987below the sector's middle half▼ 47.6%-€895within the sector's middle half▲ 77.5%-€3,203within the sector's middle half▼ 258%€55,520above the sector's middle half€129,738above the sector's middle half▲ 134%
Equity-€31,971below the sector's middle half▼ 14.2%-€32,867below the sector's middle half▼ 2.8%-€36,069below the sector's middle half▼ 9.7%€19,451within the sector's middle half€149,189within the sector's middle half▲ 667%
Total assets€18,003below the sector's middle half▲ 3.5%€19,923below the sector's middle half▲ 10.7%€17,803below the sector's middle half▼ 10.6%€27,652below the sector's middle half▲ 55.3%€219,560within the sector's middle half▲ 694%
Debt€49,974▲ 10.1%€52,789▲ 5.6%€53,873▲ 2.1%€8,201▼ 84.8%€70,371▲ 758%
Working capital-€48,706below the sector's middle half▼ 8.9%-€49,602below the sector's middle half▼ 1.8%-€52,804below the sector's middle half▼ 6.5%€19,451within the sector's middle half€159,385above the sector's middle half▲ 719%
Solvency-177.6%below the sector's middle half▼ 16.7pp-165.0%below the sector's middle half▲ 12.6pp-202.6%below the sector's middle half▼ 37.6pp70.3%within the sector's middle half▲ 272.9pp67.9%within the sector's middle half▼ 2.4pp
Current ratio0.03below the sector's middle half▲ 0.010.06below the sector's middle half▲ 0.040.02below the sector's middle half▼ 0.043.37within the sector's middle half▲ 3.3529.13above the sector's middle half▲ 25.75
Return on assets (ROA)-22.1%below the sector's middle half▼ 6.6pp-4.5%below the sector's middle half▲ 17.6pp-18.0%below the sector's middle half▼ 13.5pp200.8%above the sector's middle half▲ 218.8pp59.1%above the sector's middle half▼ 141.7pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale 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
-€50,000€0€50,000€100,000€150,000Operating result 2021: -€4,239-€4,239Net result 2021: -€3,987-€3,987Operating result 2022: -€804-€804Net result 2022: -€895-€895Operating result 2023: -€2,839-€2,839Net result 2023: -€3,203-€3,203Operating result 2024: -€5,403-€5,403Net result 2024: €55,520€55,520Operating result 2025: €147,707€147,707Net result 2025: €129,738€129,73820212022202320242025-€50,000€0€50,000€100,000€150,000Operating result 2023: -€2,839-€2,840Net result 2023: -€3,203-€3,200Operating result 2024: -€5,403-€5,400Net result 2024: €55,520€55,500Operating result 2025: €147,707€148,000Net result 2025: €129,738€130,000202320242025
The operating result returns to profit in 2025: €147,707 after a loss of €5,403 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €219,560
Fixed assets €54,508
Current assets €165,052
Equity and liabilities €219,560
Equity €149,189 ▲ 667%
Debt €70,371 ▲ 758%
Debt's share of the balance-sheet total rises from 29.7% to 32.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€156,179
Cash flow
€138,211
Debt to equity
0.47▲
2024 · 0.42
ROE
87.0%▼
2024 · 285.4%
Interest coverage
64.13
Debt ≤ 1 year
€5,667▼
2024 · €8,201
Debt > 1 year
€60,000
Income taxes
€15,533
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% 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 0.4% 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 497,338 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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 31,370 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 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€27,652€219,560▲
Fixed assets21/28-€54,508
Tangible fixed assets22/27-€54,508
Plant, machinery and equipment23-€453
Furniture and vehicles24-€46,397
Other tangible fixed assets26-€7,658
Current assets29/58€27,652€165,052▲
Amounts receivable within one year40/41-€133,779
Trade receivables40-€123,394
Other amounts receivable41-€10,385
Cash at bank and in hand54/58€27,652€31,272▲
Equity and liabilities
Total equity and liabilities10/49€27,652€219,560▲
Equity10/15€19,451€149,189▲
Contributions10/11€117,000€117,000=
Capital10€117,000-
Issued capital100€117,000-
Reserves13€29€32,189▲
Non-distributable reserves130/1€29-
Legal reserve130€29-
Distributable reserves133-€32,189
Profit (loss) carried forward14-€97,578-
Amounts payable17/49€8,201€70,371▲
Amounts payable after more than one year17-€60,000
Other amounts payable178/9-€60,000
Amounts payable within one year42/48€8,201€5,667▼
Trade debts44€822€1,742▲
Suppliers440/4€822€1,742▲
Taxes, remuneration and social security45-€3,509
Remuneration and social security454/9-€3,509
Other amounts payable47/48€7,379€416▼
Accrued charges and deferred income492/3-€4,704
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€8,472
Other operating charges640/8€999€1,404▲
Gross operating margin9900-€4,404€157,583▲
Operating profit (loss)9901-€5,403€147,707▲
Financial income75/76B€61,079-
Recurring financial income75€61,079-
Non-recurring financial income76B€61,079-
Financial charges65/66B€156€2,435▲
Recurring financial charges65€156€2,435▲
Profit (loss) for the period before taxes9903€55,520€145,271▲
Income taxes67/77-€15,533
Profit (loss) for the period9904€55,520€129,738▲
Profit (loss) for the period to be appropriated9905€55,520€129,738▲
Appropriation of the result
Profit (loss) to be appropriated9906-€97,578€32,160▲
Profit (loss) brought forward from the previous period14P-€153,098-€97,578▲
Transfer to equity691/2-€32,160
To other reserves6921-€32,160

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€8,472-
Other operating charges640/8-€908€1,052€999€1,404▲ 40.6%
Gross operating margin9900-€3,334€104-€1,787-€4,404€157,583▲ 3,678%
Operating profit (loss)9901-€4,239-€804-€2,839-€5,403€147,707▲ 2,834%
Financial income75/76B---€61,079--
Recurring financial income75---€61,079--
Non-recurring financial income76B---€61,079--
Financial charges65/66B-€92€364€156€2,435▲ 1,464%
Recurring financial charges65€95€92€364€156€2,435▲ 1,464%
Profit (loss) for the period before taxes9903-€3,987-€895-€3,203€55,520€145,271▲ 162%
Income taxes67/77----€15,533-
Profit (loss) for the period9904-€3,987-€895-€3,203€55,520€129,738▲ 134%
Profit (loss) for the period to be appropriated9905-€3,987-€895-€3,203€55,520€129,738▲ 134%
Line20212022202320242025Change
Assets
Total assets20/58€18,003€19,923€17,803€27,652€219,560▲ 694%
Fixed assets21/28€16,735€16,735€16,735-€54,508-
Tangible fixed assets22/27€16,735€16,735€16,735-€54,508-
Land and buildings22-€16,735€16,735---
Plant, machinery and equipment23----€453-
Furniture and vehicles24----€46,397-
Other tangible fixed assets26----€7,658-
Current assets29/58€1,268€3,188€1,068€27,652€165,052▲ 497%
Amounts receivable within one year40/41----€133,779-
Trade receivables40----€123,394-
Other amounts receivable41----€10,385-
Cash at bank and in hand54/58€1,268€3,188€1,068€27,652€31,272▲ 13.1%
Equity and liabilities
Total equity and liabilities10/49€18,003€19,923€17,803€27,652€219,560▲ 694%
Equity10/15-€31,971-€32,867-€36,069€19,451€149,189▲ 667%
Contributions10/11€117,000€117,000€117,000€117,000€117,000=
Capital10-€117,000€117,000€117,000--
Issued capital100-€117,000€117,000€117,000--
Reserves13€29€29€29€29€32,189▲ 111,552%
Non-distributable reserves130/1-€29€29€29--
Legal reserve130-€29€29€29--
Distributable reserves133----€32,189-
Profit (loss) carried forward14-€149,000-€149,895-€153,098-€97,578--
Amounts payable17/49€49,974€52,789€53,873€8,201€70,371▲ 758%
Amounts payable after more than one year17----€60,000-
Other amounts payable178/9----€60,000-
Amounts payable within one year42/48€49,974€52,789€53,873€8,201€5,667▼ 30.9%
Trade debts44€899€864€447€822€1,742▲ 112%
Suppliers440/4-€864€447€822€1,742▲ 112%
Taxes, remuneration and social security45----€3,509-
Remuneration and social security454/9----€3,509-
Other amounts payable47/48-€51,925€53,425€7,379€416▼ 94.4%
Accrued charges and deferred income492/3----€4,704-
Line20212022202320242025Change
Profit (loss) for the period9904-€3,987-€895-€3,203€55,520€129,738▲ 134%
+ Depreciation and write-downs630----€8,472-
Operating cash flow (approximation)-€3,987-€895-€3,203€55,520€138,211▲ 149%
Investment in fixed assets (approximation)-€0€0---
Change in cash-€1,919-€2,119€26,584€3,620▼ 86.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
12-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Highest result since 2019net €129,738 ▲134%
Operating result €147,707, net result €129,738, both a record.
30-06
Financial Liquidity times 9current ratio 29.13
Current ratio from 3.37 to 29.13; short-term debt falls from €8,201 to €5,667.
30-06
Financial Equity above €100,000Eq €149,189 ▲667%
2 profitable years in a row build equity to €149,189.
2024
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Back to profitnet €55,520
Net result €55,520 after 5 loss-making years.
30-06
Financial Liquidity times 170current ratio 3.37
Current ratio from 0.02 to 3.37; short-term debt falls from €53,873 to €8,201.
2023
22-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
21-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
29-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial Weakest financial yearnet -€3,987
Net result drops to -€3,987, the lowest in the series; recovery starts the following year.
2020
28-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
02-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
31-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
29-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
12-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Pelt · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
1,404 m²
Building footprint
277 m²
Volume, LiDAR
1,819 m³
Parcel 72362C0568/00R002, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Leovicus
Zwaluwweg 3, 3910 PeltWholesale trade
since 19992.092.517.157
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72362C0568/00R002 Flanders 1,404 m² 1 · 276 m² 10.8 m · 2 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.

Similar companies · same sector, comparable size

Of 538 companies in sector 46120 we hold annual accounts for 305. 211 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
Founded14-07-1999
Fiscal year end30-06
Activities, NACEBEL 2025
46120Wholesale trade
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0466406187
Also 9925:BE0466406187
Registered 09-03-2026

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.