LEROY
ActiveLEROY has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €980k and a net result of €133k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 31% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
86
/ 100
Excellent▲ +49 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+68
Solvency51▲+4
Growth52▲+20
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.28 in 2024), and 71.6% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
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
28.4%
Return on assets
3.9%
Age of the figures
8 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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
1 d early
2023
33 d late
2022
57 d late
2021
59 d late
2020
75 d late
2019
14 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€980k▲ 3.5%
2024 · €947k
2018: €961k
2019: €961k
2020: €961k
2021: €1.07M
2022: €1.11M
2023: €1.14M
2024: €947k
2018 → 2025
Total assets
€3.45M▼ 2.7%
2024 · €3.55M
2018: €2.97M
2019: €3.34M
2020: €3.39M
2021: €3.24M
2022: €2.93M
2023: €3.18M
2024: €3.55M
2018 → 2025
Net result
€133k
2024 · €-194k
2018: €354k
2019: €42k
2020: €254k
2021: €310k
2022: €92k
2023: €57k
2024: €-194k
2018 → 2025
Working capital
€742k▲ 8.7%
2024 · €683k
2018: €722k
2019: €818k
2020: €576k
2021: €642k
2022: €737k
2023: €822k
2024: €683k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.07M-€1.11M▲ 3.9%€1.14M▲ 2.4%€947k▼ 17.0%€980k▲ 3.5%
Operating result€443k-€148k▼ 66.6%€115k▼ 22.5%€-161k€215k
Net result€310k-€92k▼ 70.4%€57k▼ 38.1%€-194k€133k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €215k after a loss of €161k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.45M
Fixed assets
€360k▼ 16.9%
Current assets
€3.09M▼ 0.8%
Equity and liabilities €3.45M
Equity
€980k▲ 3.5%
Debt
€2.47M▼ 5.0%
The debt ratio falls from 73.3% to 71.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€296k▲
2024 · €-69k
Cash flow
€214k▲
2024 · €-102k
Solvency
28.4%▲
2024 · 26.7%
Current ratio
1.32▲
2024 · 1.28
Quick ratio
1.09▲
2024 · 1.08
Debt / equity
2.52▼
2024 · 2.75
ROE
13.6%▲
2024 · -20.5%
ROA
3.9%▲
2024 · -5.5%
Interest coverage
11.58▲
2024 · -1.94
Debt
€2.47M▼
2024 · €2.60M
Debt ≤ 1 year
€2.35M▼
2024 · €2.43M
Debt > 1 year
€121k▼
2024 · €160k
Income taxes
€57k▲
2024 · €-2k
Staff costs
€1.86M▲
2024 · €1.69M
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€3.55M€3.45M▼
Fixed assets21/28€433k€360k▼
Tangible fixed assets22/27€433k€360k▼
Land and buildings22€321k€272k▼
Plant, machinery and equipment23€5k€7k▲
Furniture and vehicles24€51k€32k▼
Other tangible fixed assets26€55k€48k▼
Current assets29/58€3.11M€3.09M▼
Stocks and contracts in progress3€481k€521k▲
Stocks30/36€361k€346k▼
Contracts in progress37€120k€176k▲
Amounts receivable within one year40/41€2.02M€1.68M▼
Trade receivables40€1.78M€1.34M▼
Other amounts receivable41€243k€335k▲
Cash at bank and in hand54/58€611k€886k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€3.55M€3.45M▼
Equity10/15€947k€980k▲
Contributions10/11€27k€27k=
Reserves13€757k€757k=
Non-distributable reserves130/1€15k€15k=
Reserves not available under the articles1311€15k€15k=
Tax-exempt reserves132€56k€56k=
Distributable reserves133€686k€686k=
Profit (loss) carried forward14€162k€196k▲
Amounts payable17/49€2.60M€2.47M▼
Amounts payable after more than one year17€160k€121k▼
Financial debts170/4€160k€121k▼
Amounts payable within one year42/48€2.43M€2.35M▼
Current portion of amounts payable after more than one year42€43k€39k▼
Trade debts44€2.21M€2.08M▼
Suppliers440/4€2.21M€2.08M▼
Advances received on contracts in progress46€108k€26k▼
Taxes, remuneration and social security45€65k€198k▲
Taxes450/3€6k€68k▲
Remuneration and social security454/9€59k€130k▲
Accrued charges and deferred income492/3€9k€883▼
Income statement
Code20242025
Non-recurring operating income76A€8k-
Remuneration, social security and pensions62€1.69M€1.86M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€81k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-8k€-79▲
Other operating charges640/8€21k€18k▼
Non-recurring operating charges66A€262k-
Gross operating margin9900€1.89M€2.18M▲
Operating profit (loss)9901€-161k€215k▲
Financial income75/76B€208€668▲
Recurring financial income75€208€668▲
Financial charges65/66B€35k€26k▼
Recurring financial charges65€35k€26k▼
Profit (loss) for the period before taxes9903€-196k€191k▲
Income taxes67/77€-2k€57k▲
Profit (loss) for the period9904€-194k€133k▲
Profit (loss) for the period to be appropriated9905€-194k€133k▲
Appropriation of the result
Profit (loss) to be appropriated9906€162k€296k▲
Profit (loss) brought forward from the previous period14P€356k€162k▼
Profit to be distributed694/7-€100k
Return on contributions (dividend)694-€100k
Social balance
Average headcount (FTE)908725.826.3▲
The notes to these accounts (16 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €133k
Net result €133k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-194k ▼441%
Net result drops to €-194k, the lowest in the series; recovery starts the following year.
02-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 33 days late
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 57 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 59 days late
2021
31-12
Financial
Equity above €1MEq €1.07M ▲11.5%
4 profitable years in a row build equity to €1.07M.
14-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 75 days late
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
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.
Directors · office · real estate
Directors
4 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, Ieper · 1 establishment unit since 1995
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.
Oostkaai 548900 IeperGround area
4,184 m²
Building footprint
1,290 m²
Volume, LiDAR
8,963 m³
Parcel 33305B0936/07A000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oostkaai 54, 8900 Ieper
since 19952.024.595.381
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33305B0936/07A000 | Flanders | 4,184 m² | 1 · 1,290 m² | 8.4 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 6,875 EUR awarded · 6,581 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 1,891 EUR | 1,989 EUR |
| 2024 | 1 | 1,517 EUR | 1,125 EUR |
| 2023 | 1 | 438 EUR | 438 EUR |
| 2022 | 1 | 3,029 EUR | 3,029 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Recognised contractor
3 categoriesLEROY BV17077
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MFL ENERGY
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BaWeTec
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Of 9,478 companies in sector 43222 we hold annual accounts for 5,625. 3,111 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-1984
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.