LEROY ELECTROTECHNICAL ENGINEERING
ActiveThe computed 12-month bankruptcy probability of LEROY ELECTROTECHNICAL ENGINEERING is 1.9% (moderate). The 2025 annual accounts show equity of €118k and a net result of €26k. Equity is growing by ~38.1% per year across the filed fiscal years. Its solvency ranks better than 83% of 7757 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+16
Solvency99▲+26
Growth85=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 4.05 against 1.71 in 2024; short-term debt: 17.8% and cash: 69.4% of total assets), and 25.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
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
74.4%
Return on assets
16.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
31 d late
2024
43 d late
2023
31 d late
2022
61 d late
2021
36 d late
2020
16 d late
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€269k▼ 34.4%
2024 · €410k
2020: €43k
2021: €112k
2022: €216k
2023: €420k
2024: €410k
2020 → 2025
EBIT margin
14.0%▲ 7.6pp
2024 · 6.4%
2020: 11.4%
2021: 27.4%
2022: 4.5%
2023: 10.8%
2024: 6.4%
2020 → 2025
Net result
€26k▲ 36.9%
2024 · €19k
2020: €3k
2021: €23k
2022: €6k
2023: €34k
2024: €19k
2020 → 2025
Working capital
€86k▲ 51.1%
2024 · €57k
2020: €12k
2021: €33k
2022: €29k
2023: €63k
2024: €57k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€112k-€216k▲ 92.2%€420k▲ 94.8%€410k▼ 2.4%€269k▼ 34.4%
Equity€33k-€39k▲ 19.3%€73k▲ 86.6%€92k▲ 26.1%€118k▲ 28.3%
Operating result€31k-€10k▼ 68.2%€45k▲ 365%€26k▼ 42.0%€38k▲ 43.5%
Net result€23k-€6k▼ 72.5%€34k▲ 434%€19k▼ 43.8%€26k▲ 36.9%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 43% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €158k
Fixed assets
€44k▼ 19.0%
Current assets
€114k▼ 16.6%
Equity and liabilities €158k
Equity
€118k▲ 28.3%
Debt
€41k▼ 59.3%
The debt ratio falls from 52.1% to 25.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48k▲
2024 · €41k
Cash flow
€36k▲
2024 · €34k
Solvency
74.4%▲
2024 · 47.9%
Current ratio
4.05▲
2024 · 1.71
Quick ratio
4.05▲
2024 · 1.71
Debt / equity
0.34▼
2024 · 1.09
ROE
22.1%▲
2024 · 20.7%
ROA
16.4%▲
2024 · 9.9%
Interest coverage
28.08▼
2024 · 46.48
Debt
€41k▼
2024 · €100k
Debt ≤ 1 year
€28k▼
2024 · €80k
Debt > 1 year
€12k▼
2024 · €20k
Income taxes
€10k▲
2024 · €6k
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€191k€158k▼
Fixed assets21/28€55k€44k▼
Tangible fixed assets22/27€53k€43k▼
Furniture and vehicles24€53k€43k▼
Financial fixed assets28€2k€2k=
Current assets29/58€136k€114k▼
Amounts receivable within one year40/41€75k€4k▼
Trade receivables40€59k-
Other amounts receivable41€16k€4k▼
Cash at bank and in hand54/58€61k€110k▲
Equity and liabilities
Total equity and liabilities10/49€191k€158k▼
Equity10/15€92k€118k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€85k€111k▲
Amounts payable17/49€100k€41k▼
Amounts payable after more than one year17€20k€12k▼
Financial debts170/4€20k€12k▼
Amounts payable within one year42/48€80k€28k▼
Current portion of amounts payable after more than one year42€11k€10k▼
Trade debts44€69k€14k▼
Suppliers440/4€69k€14k▼
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Other amounts payable47/48-€10
Income statement
Code20242025
Turnover70€410k€269k▼
Goods, raw materials, services and sundry goods60/61€366k€221k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€10k▼
Other operating charges640/8€3k€333▼
Gross operating margin9900€45k€49k▲
Operating profit (loss)9901€26k€38k▲
Financial charges65/66B€887€2k▲
Recurring financial charges65€887€2k▲
Profit (loss) for the period before taxes9903€25k€36k▲
Income taxes67/77€6k€10k▲
Profit (loss) for the period9904€19k€26k▲
Profit (loss) for the period to be appropriated9905€19k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€85k€111k▲
Profit (loss) brought forward from the previous period14P€67k€85k▲
The notes to these accounts (11 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 4.05
Current ratio from 1.71 to 4.05; short-term debt falls from €80k to €28k.
31-12
Financial
Equity above €100kEq €118k ▲28.3%
6 profitable years in a row build equity to €118k.
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 43 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
31-12
Financial
Highest result since 2020net €34k ▲434%
Operating result €45k, net result €34k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 61 days late
2022
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 36 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 16 days late
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, Ohey · 1 establishment unit since 2019
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.
Chemin de Dinant 295351 OheyGround area
582 m²
Building footprint
459 m²
Parcel 92059C0378/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
L2E
since 20192.293.635.076
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92059C0378/00G000 | Wallonia | 582 m² | 1 · 459 m² | - |
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.
Recognitions · licences · registrations
Recognised contractor
4 categoriesLEROY ELECTROTECHNICAL ENGINEERING SRL45480
Similar companies · same sector, comparable size
WALLYNS
BE 0840.179.158
Deerlijk · Eq €118k
ELEKTRO FRANSSEN
BE 0783.295.388
Zutendaal · Eq €118k
ELEC-ECO
BE 0453.904.174
Genappe · Eq €118k
SD-Control
BE 0719.551.641
Wijnegem · Eq €118k
ELECSAM
BE 0473.622.987
Verviers · Eq €118k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,762 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2019
Fiscal year end31-12
Abbreviation FR
L2E
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:serge.leroy@skynet.be