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'T LEESGENOT

Active
Private limited company (pre-2019)founded 200817 yrs activeMarkt 14, 8210 Zedelgem, BelgiumKBO/BCE: BE 0807.015.947

'T LEESGENOT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €9k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 43% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
58 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+72
Solvency51▲+8
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.23 against 0.23 in 2024; short-term debt: 73.7% and cash: 0.5% of total assets), and 73.7% 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 riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
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
26.3%
Return on assets
7.4%
Age of the figures
9 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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 d early
2024
22 d early
2022
26 d early
2021
23 d early
2020
30 d late
2019
40 d late
2018
42 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 months
Position in the running window
19-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, micro schema

Equity
€33k▲ 39.3%
2024 · €24k
2018: €40k 2019: €40k 2020: €41k 2021: €40k 2022: €41k 2024: €24k
2018 → 2025
Total assets
€127k▼ 3.5%
2024 · €131k
2018: €172k 2019: €165k 2020: €164k 2021: €166k 2022: €148k 2024: €131k
2018 → 2025
Net result
€9k
2024 · €-14k
2018: €-8k 2019: €-161 2020: €1k 2021: €-978 2022: €111 2024: €-14k
2018 → 2025
Working capital
€-72k▲ 13.7%
2024 · €-83k
2018: €-34k 2019: €-43k 2020: €-49k 2021: €-64k 2022: €-75k 2024: €-83k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220242025Trend
Equity€41k-€40k▼ 2.4%€41k▲ 0.3%€24k▼ 40.9%€33k▲ 39.3%
Operating result€11k-€5k▼ 56.2%€5k▲ 1.7%€-10k€14k
Net result€1k-€-978€111€-14k€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2020: €11k€11kNet result 2020: €1k€1kOperating result 2021: €5k€5kNet result 2021: €-978€-978Operating result 2022: €5k€5kNet result 2022: €111€111Operating result 2024: €-10k€-10kNet result 2024: €-14k€-14kOperating result 2025: €14k€14kNet result 2025: €9k€9k20202021202220242025
The operating result returns to profit in 2025: €14k after a loss of €10k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €127k
Fixed assets €105k▼ 1.9%
Current assets €22k▼ 10.7%
Equity and liabilities €127k
Equity €33k▲ 39.3%
Debt €93k▼ 13.1%
The debt ratio falls from 81.8% to 73.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€19k
2024 · €-5k
Cash flow
€15k
2024 · €-9k
Solvency
26.3%
2024 · 18.2%
Current ratio
0.23
2024 · 0.23
Quick ratio
0.15
2024 · 0.15
Debt / equity
2.80
2024 · 4.48
ROE
28.2%
2024 · -56.7%
ROA
7.4%
2024 · -10.3%
Interest coverage
7.97
2024 · -1.68
Debt
€93k
2024 · €107k
Debt ≤ 1 year
€93k
2024 · €107k
Income taxes
€2k
2024 · €128
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€131k€127k
Fixed assets21/28€107k€105k
Tangible fixed assets22/27€107k€105k
Land and buildings22€106k€102k
Plant, machinery and equipment23-€2k
Furniture and vehicles24€804€541
Current assets29/58€24k€22k
Stocks and contracts in progress3€8k€7k
Stocks30/36€8k€7k
Amounts receivable within one year40/41€10k€11k
Trade receivables40€4k€7k
Other amounts receivable41€6k€4k
Cash at bank and in hand54/58€3k€609
Deferred charges and accrued income490/1€3k€2k
Equity and liabilities
Total equity and liabilities10/49€131k€127k
Equity10/15€24k€33k
Contributions10/11€19k€19k=
Reserves13€20k€20k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€-15k€-6k
Amounts payable17/49€107k€93k
Amounts payable within one year42/48€107k€93k
Current portion of amounts payable after more than one year42€2k-
Financial debts43€13k€1k
Credit institutions430/8€13k€1k
Trade debts44€13k€20k
Suppliers440/4€13k€20k
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€3k€2k
Taxes450/3€600€629
Remuneration and social security454/9€2k€2k
Other amounts payable47/48€76k€68k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k
Other operating charges640/8€2k€2k
Non-recurring operating charges66A-€50
Gross operating margin9900€-3k€21k
Operating profit (loss)9901€-10k€14k
Financial income75/76B€203€590
Recurring financial income75€203€590
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€-13k€12k
Income taxes67/77€128€2k
Profit (loss) for the period9904€-14k€9k
Profit (loss) for the period to be appropriated9905€-14k€9k
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-6k
Profit (loss) brought forward from the previous period14P€-1k€-15k

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
09-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-14k ▼12371%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
2023
05-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €111
Net result €111 after one loss-making year.
08-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Back to profitnet €1k
Net result €1k after 2 loss-making years.
09-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
11-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Zedelgem · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Markt 148210 Zedelgem
Ground area
1,042 m²
Building footprint
239 m²
Volume, LiDAR
2,094 m³
Parcel 31036G0602/00L004, Flanders · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
'T LEESGENOT
Markt 14, 8210 ZedelgemRetail trade
since 20082.173.756.241
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31036G0602/00L004 Flanders 1,042 m² 1 · 239 m² 13.5 m · 3 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Zedelgem2.173.756.241
1 permission
Verkooppunt LM>3 maand · since 25-02-2009

Similar companies · same sector, comparable size

Of 2,348 companies in sector 47621 we hold annual accounts for 1,246. 1,053 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded09-10-2008
Fiscal year end31-12
Activities, NACEBEL
47620Retail trade
47621Retail sale of newspapers and periodicals
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.