VANLEEUW

Active

Private limited companyfounded 199828 yrs activeRue Basses-Voies 128, 6890 Libin, BelgiumKBO/BCE: BE 0462.599.136

The computed 12-month bankruptcy probability of VANLEEUW is 1.8% (moderate). The 2024 annual accounts show equity of €287k and a net result of €40k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 73% of 18939 sector peers (fiscal year 2024). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

66 / 100

Healthy▲ +26 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability71▲+71

Solvency68▲+4

Growth78▲+26

Stability100

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €19k at 30 days acceptable

Liquidity short (current ratio 0.69 against 0.25 in 2023), and 44% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

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

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

A punctual record breaks

This company filed 5 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

60 d late

2023

23 d early

2022

41 d early

2021

20 d early

2020

19 d early

2019

8 d early

← before the deadline after the deadline →

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 2024, micro schema

Turnover

€681k

EBIT margin

7.6%

Net result

€40k

2023 · €-2k

2018: €13k 2019: €-50k 2020: €39k 2021: €118k 2022: €65k 2023: €-2k

2018 → 2024

Working capital

€-63k▲ 49.3%

2023 · €-124k

2018: €20k 2019: €-15k 2020: €-58k 2021: €-27k 2022: €-72k 2023: €-124k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€681k

Equity€65k-€183k▲ 180%€248k▲ 35.7%€246k▼ 0.8%€287k▲ 16.4%

Operating result€41k-€131k▲ 217%€63k▼ 51.9%€2k▼ 96.7%€52k▲ 2,389%

Net result€39k-€118k▲ 200%€65k▼ 44.5%€-2k€40k

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 2,389% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €511k

72.3%

27.7%

Fixed assets €369k▼ 6.7%

Current assets €142k▲ 245%

Equity and liabilities €511k

56.0%

44.0%

Equity €287k▲ 16.4%

Debt €225k▲ 17.7%

The debt ratio rises from 43.7% to 44.0%: debt grows faster than equity.

Key figures and ratios

2024 value · change against 2023

EBITDA

€118k▲

2023 · €60k

Cash flow

€106k▲

2023 · €56k

Solvency

56.0%▼

2023 · 56.3%

Current ratio

0.69▲

2023 · 0.25

Quick ratio

0.64▲

2023 · 0.20

Debt / equity

0.78▲

2023 · 0.78

ROE

14.1%▲

2023 · -0.8%

ROA

7.9%▲

2023 · -0.5%

Interest coverage

-95.24▼

2023 · 16.68

Debt

€225k▲

2023 · €191k

Debt ≤ 1 year

€204k▲

2023 · €165k

Debt > 1 year

€20k▼

2023 · €26k

Income taxes

€13k▲

2023 · €542

Staff costs

€167k▼

2023 · €256k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€437k€511k▲

Formation expenses20-€0

Fixed assets21/28€396k€369k▼

Tangible fixed assets22/27€395k€369k▼

Land and buildings22€90k€87k▼

Plant, machinery and equipment23€227k€197k▼

Furniture and vehicles24€79k€73k▼

Other tangible fixed assets26-€11k

Financial fixed assets28€627€627=

Current assets29/58€41k€142k▲

Stocks and contracts in progress3€7k€12k▲

Stocks30/36€7k€12k▲

Amounts receivable within one year40/41€9k€10k▲

Trade receivables40€6k€10k▲

Other amounts receivable41€3k€0▼

Cash at bank and in hand54/58€17k€110k▲

Deferred charges and accrued income490/1€8k€10k▲

Equity and liabilities

Total equity and liabilities10/49€437k€511k▲

Equity10/15€246k€287k▲

Contributions10/11€13k€13k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€232k€272k▲

Amounts payable17/49€191k€225k▲

Amounts payable after more than one year17€26k€20k▼

Financial debts170/4€26k€20k▼

Amounts payable within one year42/48€165k€204k▲

Current portion of amounts payable after more than one year42€17k€6k▼

Financial debts43€186€186=

Credit institutions430/8€186€186=

Trade debts44€91k€131k▲

Suppliers440/4€91k€131k▲

Taxes, remuneration and social security45€26k€25k▼

Taxes450/3€1k€15k▲

Remuneration and social security454/9€25k€10k▼

Other amounts payable47/48€31k€42k▲

Accrued charges and deferred income492/3€384€494▲

Income statement Code20232024

Turnover70-€681k

Goods, raw materials, services and sundry goods60/61-€424k

Remuneration, social security and pensions62€256k€167k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€66k▲

Other operating charges640/8€4k€453▼

Gross operating margin9900€319k€285k▼

Operating profit (loss)9901€2k€52k▲

Financial income75/76B€75-

Recurring financial income75€75-

Financial charges65/66B€4k€-1k▼

Recurring financial charges65€4k€-1k▼

Profit (loss) for the period before taxes9903€-1k€53k▲

Income taxes67/77€542€13k▲

Profit (loss) for the period9904€-2k€40k▲

Profit (loss) for the period to be appropriated9905€-2k€40k▲

Appropriation of the result

Profit (loss) to be appropriated9906€232k€272k▲

Profit (loss) brought forward from the previous period14P€234k€232k▼

Social balance

Average headcount (FTE)90876.1-

The notes to these accounts (7 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

All 16Financial 6Filings 10

2025

29-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 60 days late

2024

31-12

Financial Back to profitnet €40k

Net result €40k after one loss-making year.

08-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

20-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Equity above €200kEq €248k ▲35.7%

3 profitable years in a row build equity to €248k.

11-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Highest result since 2018net €118k ▲200%

Operating result €131k, net result €118k, both a record.

31-12

Financial Equity above €150kEq €183k ▲180%

2 profitable years in a row build equity to €183k.

12-07

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

31-12

Financial Back to profitnet €39k

Net result €39k after one loss-making year.

23-07

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

31-12

Financial Weakest financial yearnet €-50k ▼488%

Net result drops to €-50k, the lowest in the series; recovery starts the following year.

26-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 26 days late

2018

20-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 20 days late

2017

24-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 24 days late

2016

29-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 29 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 3 acts read

About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

1 director, last change in 2024

VANLEEUW MARTIN

Director (executive) · since 21-10-2024

Current

21-10-2024 Appointed as Director (executive)

Not every act has been read: a resignation may be missing here

3 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Libin · 2 establishment units since 2018

exact location from the address register On OpenStreetMap

Ground area

4,470 m²

Building footprint

504 m²

Volume, LiDAR

4,061 m³

2 parcels, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

Resto Grill Les Frangins