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VAN LEEUWE CONSTRUCT

Active
Private limited companyfounded 2024active for 1 yearKruisken 31, 9991 Maldegem, BelgiumKBO/BCE: BE 1017.394.495
Summary

VAN LEEUWE CONSTRUCT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,315 and a net result of €9,315. Its solvency ranks better than 17% of 2,310 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Financials · financial year 2025, micro format

Equity
€14,315
Total assets
€120,060
Net result
€9,315
Working capital
-€25,482

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €119,013
Fixed assets €38,750
Current assets €80,263
Equity and liabilities €120,060
Equity €14,315
Debt €105,745
Debt finances 88.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€25,806
Cash flow
€21,315
Current ratio
0.76
Quick ratio
0.60
Debt to equity
7.39
ROE
65.1%
ROA
7.8%
Interest coverage
over 100
Debt ≤ 1 year
€105,745
Income taxes
€4,425

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,473 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% 1.8%
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 74.5% 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 2,390 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 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€120,060
Formation expenses20€1,047
Fixed assets21/28€38,750
Tangible fixed assets22/27€38,750
Plant, machinery and equipment23€30,000
Furniture and vehicles24€8,750
Current assets29/58€80,263
Stocks and contracts in progress3€17,019
Contracts in progress37€17,019
Amounts receivable within one year40/41€14,946
Trade receivables40€12,680
Other amounts receivable41€2,266
Cash at bank and in hand54/58€48,298
Equity and liabilities
Total equity and liabilities10/49€120,060
Equity10/15€14,315
Contributions10/11€5,000
Reserves13€9,300
Distributable reserves133€9,300
Profit (loss) carried forward14€15
Amounts payable17/49€105,745
Amounts payable within one year42/48€105,745
Trade debts44€97,945
Suppliers440/4€97,945
Taxes, remuneration and social security45€4,558
Taxes450/3€4,558
Other amounts payable47/48€3,242
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,000
Other operating charges640/8€1,190
Gross operating margin9900€26,996
Operating profit (loss)9901€13,806
Financial income75/76B€26
Recurring financial income75€26
Financial charges65/66B€92
Recurring financial charges65€92
Profit (loss) for the period before taxes9903€13,740
Income taxes67/77€4,425
Profit (loss) for the period9904€9,315
Profit (loss) for the period to be appropriated9905€9,315
Appropriation of the result
Profit (loss) to be appropriated9906€9,315
Transfer to equity691/2€9,300
To the legal reserve6920€9,300

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,000
Other operating charges640/8€1,190
Gross operating margin9900€26,996
Operating profit (loss)9901€13,806
Financial income75/76B€26
Recurring financial income75€26
Financial charges65/66B€92
Recurring financial charges65€92
Profit (loss) for the period before taxes9903€13,740
Income taxes67/77€4,425
Profit (loss) for the period9904€9,315
Profit (loss) for the period to be appropriated9905€9,315
Line2025
Assets
Total assets20/58€120,060
Formation expenses20€1,047
Fixed assets21/28€38,750
Tangible fixed assets22/27€38,750
Plant, machinery and equipment23€30,000
Furniture and vehicles24€8,750
Current assets29/58€80,263
Stocks and contracts in progress3€17,019
Contracts in progress37€17,019
Amounts receivable within one year40/41€14,946
Trade receivables40€12,680
Other amounts receivable41€2,266
Cash at bank and in hand54/58€48,298
Equity and liabilities
Total equity and liabilities10/49€120,060
Equity10/15€14,315
Contributions10/11€5,000
Reserves13€9,300
Distributable reserves133€9,300
Profit (loss) carried forward14€15
Amounts payable17/49€105,745
Amounts payable within one year42/48€105,745
Trade debts44€97,945
Suppliers440/4€97,945
Taxes, remuneration and social security45€4,558
Taxes450/3€4,558
Other amounts payable47/48€3,242
Line2025
Profit (loss) for the period9904€9,315
+ Depreciation and write-downs630€12,000
Operating cash flow (approximation)€21,315

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 03-07-2026 2026-00246729

Similar companies · same sector, comparable size

Of the 3,950 active companies whose main activity is manufacture of metal structures and parts of structures (NACE 25110), figures are known for 2,155. 935 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.