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LEUVEN BEARS

Active
Non-profit associationfounded 1985active for 41 yearsDiestsesteenweg 394, 3010 Leuven, BelgiumKBO/BCE: BE 0431.400.471
Summary

LEUVEN BEARS has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.6m) and a net result of -€5,676. Equity has been shrinking by about 19% per year since 2019. Its solvency ranks better than 5% of 1,114 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 04-06-1985 Normal situation
Activity
Sports, amusement and recreation activities NACE 93123and 1 other
Establishment units
2.158.772.909 3010 Leuven, since 01-07-2001
2.309.616.718 3012 Leuven, since 09-11-2020
Financial year end
30 June
Peppol
Reachable since 03-12-2025

Board and ownership

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-06-2025
Gross margin
€150,278
▼ 79.2%
Turnover
≈ €380,000
estimated
Deficit
€5,676
▼ 97.4%
Equity
-€1.6m
▼ 0.4%
Total assets
€386,108
▲ 6.7%
Staff
1 FTE
▼ 91.5%
  • Negative equity on 30-06-2025
  • 2025 accounts filed 17 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€1.6mlowers riskLegal form: non-profit associationSize: 1 FTE, total assets €386,108Founded in 1985Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 24% of micro companies in sports and recreation (NACE 93)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -412.0% of total assets
Liquidity 19-5
short-term debt 150.8% · cash 15.5%
Profitability 34+34
return on assets -1.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,268 companies, NACE 93, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025highest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: < 0.1%▼ -0.3 percentage points 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 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.59 (0.5 in 2024), below 1. Short-term debt is 150.8% and cash 15.5% of total assets. Equity is negative.
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 93, micro). It does better than 9% of them on solvency, 17% on liquidity, 27% on profitability and 42% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
raises risk · Negative equity -€1.6m
NBB · annual accounts
lowers risk · Size: 1 FTE, total assets €386,108
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€1.6m
raises risk · 2025 accounts filed 17 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-02-2026, 17 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
17 days late
2024
19 days late
2023
7 days early
2022
20 days early
2021
4 days early
2020
39 days early
2019
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 27 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€1.6m View
  • Risk: 7 loss-making years in a rowloss in financial year 2025 -€5,676 View
  • Caution: Fewer staff in 2025from 11.7 FTE to 1 FTE ▼ 91.5% View
  • Caution: Lower solvency than 95% of companies in sports and recreationsector median 30.6% · 1,114 companies -412.0% View

Recent changes

  1. · Gazette deed Appointments: Danny Marguillier, Marc De Leeuw and 2 others
  2. · Gazette deed Resignations: Wim Klingels (director) and Thomas Wijns (director)
  3. · Gazette deed Appointments: Danny Marguillier, Marc De Leeuw and 4 others
All 31 events

Comparable companies

These companies have the same main activity as LEUVEN BEARS: sports, amusement and recreation activities (NACE 93123). They are comparable in size and age: total assets between €358,000 and €1.1m, founded between 1963 and 2009.

CompanyTotal assetsGross margin
LEUVEN BEARS Leuven€0.4m€0.2m
Federation Belge de Rugby Brussel€0.4m€0.3m
GOLF ACADEMY Louvain-la-Neuve Ottignies-Louvain-la-Neuve€0.5m€0.1m
WFM Hasselt€0.6m€0.3m
PARASKE BOWL La Louvière€0.9m€0.3m
GOLF DU HARAS Pepinster€1.1m€0.1m
KONINKLIJKE BELGISCHE HANDBAL BOND Halen€0.4m€0.07m
Full comparison

Key facts about LEUVEN BEARS

What is the company number of LEUVEN BEARS?
The company number of LEUVEN BEARS is 0431.400.471. The VAT number is the same number with BE in front: BE 0431.400.471.
Where is LEUVEN BEARS based?
The registered office is at Diestsesteenweg 394, 3010 Leuven.Company details
What does LEUVEN BEARS do?
According to the KBO register, the main activity is sports, amusement and recreation activities (NACE 93123).
What is the legal form of LEUVEN BEARS?
The legal form of LEUVEN BEARS is Non-profit association (VZW).
When was LEUVEN BEARS founded?
LEUVEN BEARS was founded on 04-06-1985.
Is LEUVEN BEARS still active?
Yes, LEUVEN BEARS is an active enterprise in the KBO register.
How many employees does LEUVEN BEARS have?
LEUVEN BEARS had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LEUVEN BEARS?
The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €150,278 and 1,647 comparable companies of the same size. It probably lies between €230,000 and €720,000. It is a rough estimate.
Is LEUVEN BEARS profitable?
In financial year 2025, LEUVEN BEARS made a loss of €5,676.
Where can I find the annual accounts of LEUVEN BEARS?
LEUVEN BEARS filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LEUVEN BEARS due?
LEUVEN BEARS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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