Skip to content

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 2,321 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110
1 site
Size
≈ €110,000turnover 2025, estimated
Equity
€14,315
Profit
€9,315
Turnover estimated from the gross margin
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Structure
2025 accounts 28 days early
Why 65raises riskFounded in 2024Equity €14,315 (11.9% of total assets)Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLiquidity: current ratio 0.76, cash €48,298Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 40% of its sector peers (NACE 25, micro)
Financial strength
Average
Solvency 37
equity 11.9% of total assets
Liquidity 51
short-term debt 88.1% · cash 40.2%
Profitability 78
return on assets 7.8%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,705 companies, NACE 25, micro)
Last 24 months 01-2026: 1.8% 02-2026: 1.9%▲ +0.1 percentage points vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 2.4%▲ +0.5 percentage points vs 03-2026 05-2026: 2.4%● unchanged vs 04-2026 06-2026: 2.7%▲ +0.3 percentage points vs 05-2026 07-2026: 2.9%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 1.2%▼ -1.7 percentage points vs 07-2026lowest value 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.76, below 1; short-term debt: 88.1% and cash: 40.2% of total assets), and 88.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 25, micro): better than 15% on solvency, 47% on liquidity and 59% on profitability.

The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 0.76, cash €48,298
NBB · annual accounts
raises risk · Equity €14,315 (11.9% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 2321 sector peers (2025).
NBB · sector comparison
Position among 2321 sector peers
Solvency
better than 17%
← weakest strongest →
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 · 1 filing
Deviation from the deadline
2025
28 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: VAN LEEUWE Thomas Jozef…

Financials · financial year 2025, micro format

Turnover
≈ €110,000
Estimated: probably between €65,000 and €200,000
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. The turnover shown is an estimate from the gross margin.

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 497,445 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% 0.9%
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 3,945 active companies whose main activity is manufacture of metal structures and parts of structures (NACE 25110), figures are known for 2,177. 954 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.

Directors

Directors
1 director, no change since 2024
VAN LEEUWE Thomas Jozef Rita
Statutory director · since 17-12-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
VAN LEEUWE Thomas Jozef Rita
  • Statutory director, from 17-12-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 17-12-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 17-12-2024 Incorporation · €5,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

VAN LEEUWE CONSTRUCT was incorporated on 13 December 2024 as a private limited company by two natural persons, with a starting capital of €5,000.12 Since 2024, VAN LEEUWE Thomas Jozef Rita has served as statutory director of the company.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-12-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
03-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
17-12
Gazette deed Incorporation
Appointment: VAN LEEUWE Thomas Jozef Rita (statutory director) · Registered office clause · Declaration17 facts ▸
  • Director appointment, VAN LEEUWE Thomas Jozef Rita (statutory director)
  • Registered office clause, “9991 Maldegem,Adegem,Kruisken 31” (deed in Dutch)
  • Declaration, “statutair bestuurder, aanvaarding mandaat statutair bestuurder” (deed in Dutch)
  • Declaration, “afwezigheid beroepsverbod” (deed in Dutch)
  • Declaration, “controle strafrechtelijk bestuurdersverbod, website https://justonweb.be/companies” (deed in Dutch)
  • Pre-incorporation commitments, “oprichters in naam en voor rekening vennootschap in oprichting, takeover” (deed in Dutch)
  • Other provision, “UBO-register, info over uiteindelijke begunstigden meedelen” (deed in Dutch)
  • Founder, VAN LEEUWE Thomas Jozef Rita
  • Founder, CHERLET Valerie Maria Jozef
  • Incorporation, “VAN LEEUWE CONSTRUCT” (deed in Dutch)
  • Other provision, “huwelijkscontract verleden voor ondergetekende notaris Günther Pauwels, huwelijksstelsel oprichters” (deed in Dutch)
  • Other provision, 20-11-2024
  • +5 further facts in this act
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded13-12-2024
Financial year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25510Coating of metals
25530Machining of metals
32129Other manufacturing
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017394495
Registered 03-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Maldegem · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
1,881 m²
Building footprint
142 m²
Building volume
650 m³
Parcel 43001G0747/00C002, Flanders · tallest building 6.7 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
VAN LEEUWE CONSTRUCT
Kruisken 31, 9991 MaldegemManufacture of metal structures and parts of structures
since 2024unit no. 2.367.860.763
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
43001G0747/00C002 Flanders 1,881 m² 1 · 142 m² 6.7 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
VAN LEEUWE CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, administratieve zetels,exploitatiezetels,agentschappen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)

deed of 17-12-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Algemene vergadering, met of zonder beperking van duur” (deed in Dutch)

deed of 17-12-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Aandelen zonder stemrecht, volgens Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Elke overdracht of overgang van aandelen,onder bijzondere of algemene titel,onder bezwarende titel of om niet,onder levenden of ten gevolge…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Voorkeurrecht aan eigenaar-pandgever tenzij tussen betrokkenen anders overeengekomen, inbreng in geld met uitgifte nieuwe aandelen-recht van…” (deed in Dutch)

deed of 17-12-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
“Besluit algemene vergadering beraadslagend zoals inzake statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 17-12-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Uitsluiting, bestuursorgaan werkt bij met vermelding uitsluitingen,datum,betaalde vergoeding” (deed in Dutch)
Other provision: “Vergoeding bestuurders, algemene kosten los van representatie-,reis- en verplaatsingskosten” (deed in Dutch)
Other provision: “Dagelijks bestuur, op elk ogenblik” (deed in Dutch)
Other provision: “Controle, toezicht door aandeelhouders” (deed in Dutch)
Other provision: “Aandeelhouders kunnen eenparig schriftelijk alle besluiten van algemene vergadering nemen, schriftelijke algemene vergadering” (deed in Dutch)
Other provision: “Elektronische algemene vergadering, voldoen aan voorwaarden en modaliteiten artikel 5:89 Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Other provision: “Toegang algemene vergadering, mag deelnemen zonder stemming” (deed in Dutch)
Other provision: “Schriftelijk aan iedere andere persoon al dan niet aandeelhouder door alle middelen van overdracht om te vertegenwoordigen en te stemmen…” (deed in Dutch)
Other provision: “Verdaging algemene vergadering, geen afbreuk aan andere besluiten tenzij algemene vergadering anders beslist” (deed in Dutch)
Other provision: “Bestemming winst,reserves,uitkering, algemene vergadering” (deed in Dutch)
Other provision: “Stortingsplicht, na één maand vanaf aanmaning bij aangetekend schrijven:wettelijke intrest vanaf dag eisbaarheid” (deed in Dutch)
Other provision: “Alle aandelen op naam, aard van de aandelen-register” (deed in Dutch)
Other provision: “Alle andere effecten dan aandelen op naam, aard van de andere effecten” (deed in Dutch)
Other provision: “Aandeelhouders hebben recht uit te treden onder voorwaarden, onderworpen aan solvabiliteits-en liquiditeitstest zoals voor andere…” (deed in Dutch)
5 more provisions in the deed, see the deed of 17-12-2024

deed of 17-12-2024