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VANLEENE

Active
Private limited companyfounded 2009active for 17 yearsMoervijverweg 4, 8680 Koekelare, BelgiumKBO/BCE: BE 0808.869.241
Summary

VANLEENE has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €72,668. Equity is growing by about 9.2% per year across the filed financial years. Its solvency ranks better than 42% of 2,027 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (20 days) Filed on 20 November 2025, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2025-00569139.

Equity
€1.2m▲ 6.2%
2024 · €1.1m
Total assets
€3.5m▲ 14.5%
2024 · €3.0m
Net result
€72,668▼ 19.2%
2024 · €89,974
Working capital
-€631,048▼ 50.3%
2024 · -€419,838
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 26% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.2m 2025 Net result€0.07m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 01, Crop and animal production, hunting and related service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€0.01m-€0.3m€0.07m▼ 79.6%€0.4m▲ 502%€0.02m▼ 96.1%€0.1m▲ 830%€0.2m▲ 25.9%
Net result-€0.03m-€0.3mabove the sector's middle half€0.05mwithin the sector's middle half▼ 82.0%€0.3mabove the sector's middle half▲ 592%-€0.01mbelow the sector's middle half€0.09mwithin the sector's middle half€0.07mwithin the sector's middle half▼ 19.2%
Equity€0.5m-€0.8mwithin the sector's middle half▲ 47.3%€0.8mwithin the sector's middle half▲ 5.8%€1.2mabove the sector's middle half▲ 39.3%€1.1mwithin the sector's middle half▼ 6.2%€1.1mwithin the sector's middle half▲ 5.0%€1.2mwithin the sector's middle half▲ 6.2%
Total assets€2.2m-€2.4mwithin the sector's middle half▲ 9.4%€2.1mwithin the sector's middle half▼ 10.1%€3.2mwithin the sector's middle half▲ 48.7%€3.0mwithin the sector's middle half▼ 4.8%€3.0mwithin the sector's middle half▼ 0.4%€3.5mabove the sector's middle half▲ 14.5%
Debt€1.6m-€1.5m▼ 4.1%€1.2m▼ 17.7%€1.9m▲ 55.7%€1.9m▼ 2.8%€1.8m▼ 2.5%€2.2m▲ 21.4%
Working capital-€0.5m--€0.4mbelow the sector's middle half▲ 17.2%-€0.6mbelow the sector's middle half▼ 53.1%-€0.5mbelow the sector's middle half▲ 17.9%-€0.6mbelow the sector's middle half▼ 8.6%-€0.4mbelow the sector's middle half▲ 24.6%-€0.6mbelow the sector's middle half▼ 50.3%
Solvency24.4%-32.9%within the sector's middle half▲ 8.5pp38.6%within the sector's middle half▲ 5.8pp36.2%within the sector's middle half▼ 2.5pp35.7%within the sector's middle half▼ 0.5pp37.6%within the sector's middle half▲ 1.9pp34.9%within the sector's middle half▼ 2.7pp
Current ratio0.54-0.57below the sector's middle half▲ 0.030.37below the sector's middle half▼ 0.200.53below the sector's middle half▲ 0.160.49below the sector's middle half▼ 0.050.63below the sector's middle half▲ 0.140.52below the sector's middle half▼ 0.12
Return on assets (ROA)-1.5%-10.6%above the sector's middle half▲ 12.1pp2.1%within the sector's middle half▼ 8.4pp9.9%above the sector's middle half▲ 7.7pp-0.4%below the sector's middle half▼ 10.3pp3.0%within the sector's middle half▲ 3.4pp2.1%within the sector's middle half▼ 0.9pp
Staff (FTE)3within the sector's middle half2within the sector's middle half▼ 33.3%2within the sector's middle half=2.2within the sector's middle half▲ 10.0%2.2within the sector's middle half=2.2within the sector's middle half=
above within below the middle half of NACE 01, Crop and animal production, hunting and related service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.5m
Fixed assets €2.8m ▲ 21.3%
Current assets €675,983 ▼ 6.9%
Equity and liabilities €3.5m
Equity €1.2m ▲ 6.2%
Provisions €30,667 ▼ 44.4%
Debt €2.2m ▲ 21.4%
Debt's share of the balance-sheet total rises from 60.6% to 64.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€862,545▲
2024 · €779,459
Cash flow
€753,922▲
2024 · €725,400
Quick ratio
0.36▼
2024 · 0.49
Debt to equity
1.84▲
2024 · 1.61
ROE
6.0%▼
2024 · 7.9%
Interest coverage
10.37▼
2024 · 13.59
Debt ≤ 1 year
€1.3m▲
2024 · €1.1m
Debt > 1 year
€848,146▲
2024 · €626,502
Income taxes
€50,755▲
2024 · €16,509
Staff costs
€157,343▲
2024 · €133,286
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.1% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.7% went bankrupt
4.0% stopped otherwise
95.1% still going

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,470 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 10,905 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 against 2024 · 63 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.0m€3.5m▲
Fixed assets21/28€2.3m€2.8m▲
Tangible fixed assets22/27€2.3m€2.8m▲
Land and buildings22€0.5m€0.6m▲
Plant, machinery and equipment23€1.7m€1.3m▼
Furniture and vehicles24€0.02m€0.9m▲
Current assets29/58€0.7m€0.7m▼
Stocks and contracts in progress3€0.2m€0.2m▲
Stocks30/36€0.2m€0.2m▲
Amounts receivable within one year40/41€0.1m€0.2m▲
Trade receivables40€0.1m€0.07m▼
Other amounts receivable41€0.007m€0.1m▲
Cash at bank and in hand54/58€0.4m€0.3m▼
Deferred charges and accrued income490/1€0.02m€0.02m▲
Equity and liabilities
Total equity and liabilities10/49€3.0m€3.5m▲
Equity10/15€1.1m€1.2m▲
Contributions10/11€0.2m€0.2m=
Reserves13€0.9m€1.0m▲
Tax-exempt reserves132€0.2m€0.1m▼
Distributable reserves133€0.7m€0.9m▲
Profit (loss) carried forward14€0.004m€0.002m▼
Provisions and deferred taxes16€0.06m€0.03m▼
Deferred taxes168€0.06m€0.03m▼
Amounts payable17/49€1.8m€2.2m▲
Amounts payable after more than one year17€0.6m€0.8m▲
Financial debts170/4€0.6m€0.8m▲
Amounts payable within one year42/48€1.1m€1.3m▲
Current portion of amounts payable after more than one year42€0.3m€0.4m▲
Trade debts44€0.01m€0.07m▲
Suppliers440/4€0.01m€0.07m▲
Advances received on contracts in progress46-€336
Taxes, remuneration and social security45€0.02m€0.03m▲
Taxes450/3€0.02m€0.02m▲
Remuneration and social security454/9€271€0.01m▲
Other amounts payable47/48€0.8m€0.8m▲
Accrued charges and deferred income492/3€0.06m€0.07m▲
Income statement Code20242025
Non-recurring operating income76A€0.03m€0▼
Remuneration, social security and pensions62€0.1m€0.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.6m€0.7m▲
Other operating charges640/8€0.008m€0.009m▲
Non-recurring operating charges66A-€0.02m
Gross operating margin9900€0.9m€1.0m▲
Operating profit (loss)9901€0.1m€0.2m▲
Financial income75/76B€0.001m€0.001m▼
Recurring financial income75€0.001m€0.001m▼
Financial charges65/66B€0.06m€0.08m▲
Recurring financial charges65€0.06m€0.08m▲
Profit (loss) for the period before taxes9903€0.09m€0.1m▲
Transfer from deferred taxes780€0.02m€0.02m▲
Transfer to deferred taxes680€0.006m€0▼
Income taxes67/77€0.02m€0.05m▲
Profit (loss) for the period9904€0.09m€0.07m▼
Transfer from tax-exempt reserves789€0.1m€0.1m▲
Transfer to tax-exempt reserves689€0.02m€0▼
Profit (loss) for the period to be appropriated9905€0.2m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.2m▲
Profit (loss) brought forward from the previous period14P€0.004m€0.004m=
Transfer from equity791/2€0.04m€0▼
Transfer to equity691/2€0.2m€0.2m▲
To other reserves6921€0.2m€0.2m▲
Profit to be distributed694/7€0.04m€0.002m▼
Return on contributions (dividend)694€0.04m€0.002m▼
Social balance sheet
Average headcount (FTE)90872.22.2=

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A---€0.3m-€0.03m€0▼ 100%
Remuneration, social security and pensions62---€0.1m€0.1m€0.1m€0.2m▲ 18.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.4m€0.5m€0.5m€0.4m€0.5m€0.6m€0.7m▲ 7.2%
Other operating charges640/8---€0.005m€0.006m€0.008m€0.009m▲ 3.3%
Non-recurring operating charges66A------€0.02m-
Gross operating margin9900€0.5m€0.9m€0.6m€0.9m€0.7m€0.9m€1.0m▲ 13.4%
Operating profit (loss)9901-€0.01m€0.3m€0.07m€0.4m€0.02m€0.1m€0.2m▲ 25.9%
Financial income75/76B---€0.002m€0.003m€0.001m€0.001m▼ 23.9%
Recurring financial income75€0.002m€0.001m€0.001m€0.002m€0.003m€0.001m€0.001m▼ 23.9%
Financial charges65/66B---€0.03m€0.05m€0.06m€0.08m▲ 45.0%
Recurring financial charges65€0.04m€0.04m€0.03m€0.03m€0.05m€0.06m€0.08m▲ 45.0%
Profit (loss) for the period before taxes9903-€0.05m€0.3m€0.04m€0.4m-€0.03m€0.09m€0.1m▲ 12.8%
Transfer from deferred taxes780---€0.02m€0.03m€0.02m€0.02m▲ 0.6%
Transfer to deferred taxes680---€0.06m-€0.006m€0▼ 100%
Income taxes67/77€0.003m€0.02m€0.01m€0.02m€0.01m€0.02m€0.05m▲ 207%
Profit (loss) for the period9904-€0.03m€0.3m€0.05m€0.3m-€0.01m€0.09m€0.07m▼ 19.2%
Transfer from tax-exempt reserves789---€0.08m€0.1m€0.1m€0.1m▲ 0.6%
Transfer to tax-exempt reserves689---€0.2m-€0.02m€0▼ 100%
Profit (loss) for the period to be appropriated9905€0.03m€0.2m€0.1m€0.2m€0.1m€0.2m€0.2m▲ 3.4%
Line2019202020212022202320242025Change
Assets
Total assets20/58€2.2m€2.4m€2.1m€3.2m€3.0m€3.0m€3.5m▲ 14.5%
Fixed assets21/28€1.6m€1.8m€1.8m€2.6m€2.5m€2.3m€2.8m▲ 21.3%
Tangible fixed assets22/27€1.6m€1.8m€1.8m€2.6m€2.5m€2.3m€2.8m▲ 21.3%
Land and buildings22---€0.5m€0.5m€0.5m€0.6m▲ 10.8%
Plant, machinery and equipment23---€2.1m€2.0m€1.7m€1.3m▼ 24.0%
Furniture and vehicles24---€0.005m€0.03m€0.02m€0.9m▲ 3,593%
Current assets29/58€0.6m€0.5m€0.4m€0.6m€0.5m€0.7m€0.7m▼ 6.9%
Stocks and contracts in progress3€0.1m€0.09m€0.1m€0.2m€0.3m€0.2m€0.2m▲ 21.9%
Stocks30/36---€0.2m€0.3m€0.2m€0.2m▲ 21.9%
Amounts receivable within one year40/41€0.07m€0.06m€0.1m€0.2m€0.1m€0.1m€0.2m▲ 38.5%
Trade receivables40---€0.03m€0.09m€0.1m€0.07m▼ 44.3%
Other amounts receivable41---€0.2m€0.03m€0.007m€0.1m▲ 1,560%
Cash at bank and in hand54/58€0.4m€0.4m€0.07m€0.2m€0.1m€0.4m€0.3m▼ 34.9%
Deferred charges and accrued income490/1---€0.05m€0.02m€0.02m€0.02m▲ 21.4%
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.4m€2.1m€3.2m€3.0m€3.0m€3.5m▲ 14.5%
Equity10/15€0.5m€0.8m€0.8m€1.2m€1.1m€1.1m€1.2m▲ 6.2%
Contributions10/11€0.2m€0.2m-€0.2m€0.2m€0.2m€0.2m=
Reserves13€0.3m€0.6m€0.6m€1.0m€0.9m€0.9m€1.0m▲ 7.8%
Non-distributable reserves130/1---€0.02m€0.02m---
Reserves not available under the articles1311---€0.02m€0.02m---
Tax-exempt reserves132---€0.4m€0.3m€0.2m€0.1m▼ 44.4%
Distributable reserves133---€0.5m€0.6m€0.7m€0.9m▲ 23.9%
Profit (loss) carried forward14€0.003m€0.003m€0.003m€0.004m€0.004m€0.004m€0.002m▼ 46.8%
Provisions and deferred taxes16€0.08m€0.09m€0.07m€0.1m€0.07m€0.06m€0.03m▼ 44.4%
Deferred taxes168---€0.1m€0.07m€0.06m€0.03m▼ 44.4%
Amounts payable17/49€1.6m€1.5m€1.2m€1.9m€1.9m€1.8m€2.2m▲ 21.4%
Amounts payable after more than one year17€0.4m€0.5m€0.2m€0.8m€0.7m€0.6m€0.8m▲ 35.4%
Financial debts170/4---€0.8m€0.7m€0.6m€0.8m▲ 35.4%
Amounts payable within one year42/48€1.1m€1.0m€1.0m€1.1m€1.1m€1.1m€1.3m▲ 14.0%
Current portion of amounts payable after more than one year42---€0.3m€0.3m€0.3m€0.4m▲ 30.0%
Trade debts44€0.2m€0.02m€0.08m€0.2m€0.03m€0.01m€0.07m▲ 542%
Suppliers440/4---€0.2m€0.03m€0.01m€0.07m▲ 542%
Advances received on contracts in progress46------€336-
Taxes, remuneration and social security45---€0.02m€0.01m€0.02m€0.03m▲ 87.3%
Taxes450/3---€0.02m€0.01m€0.02m€0.02m▲ 13.2%
Remuneration and social security454/9----€408€271€0.01m▲ 4,808%
Other amounts payable47/48---€0.6m€0.8m€0.8m€0.8m▲ 0.1%
Accrued charges and deferred income492/3---€0.06m€0.05m€0.06m€0.07m▲ 17.4%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€0.03m€0.3m€0.05m€0.3m-€0.01m€0.09m€0.07m▼ 19.2%
+ Depreciation and write-downs630€0.4m€0.5m€0.5m€0.4m€0.5m€0.6m€0.7m▲ 7.2%
Operating cash flow (approximation)€0.4m€0.8m€0.5m€0.7m€0.5m€0.7m€0.8m▲ 3.9%
Investment in fixed assets (approximation)--€0.8m-€0.4m-€1.3m-€0.4m-€0.4m-€1.2m▼ 173%
Change in cash--€0.002m-€0.3m€0.1m-€0.05m€0.3m-€0.1m-

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

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Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference
31-03-2025 abbreviated format 20-11-2025 2025-00569139
31-03-2024 abbreviated format 21-11-2024 2024-00603287
31-03-2023 abbreviated format 31-10-2023 2023-00502417
31-03-2022 abbreviated format 31-10-2022 2022-20483965
31-03-2021 abbreviated format 22-11-2021 2021-77900151
31-03-2020 abbreviated format 03-11-2020 2020-67900072
31-03-2019 abbreviated format 04-10-2019 2019-68500060
31-03-2018 abbreviated format 29-10-2018 2018-70700098
31-12-2016 abbreviated format 29-08-2017 2017-50300242
31-12-2015 abbreviated format 31-08-2016 2016-55600562

Show all 16 filings

Similar companies · same sector, comparable size

Of the 4,633 active companies whose main activity is support activities for crop production (NACE 01610), figures are known for 1,372. 812 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €3,310 awarded · €3,310 paid
Schemes
1 entry · €3,310 · €3,310 paid · Vlaams Landbouwinvesteringsfonds

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